TGC Industries Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments		15.74M	21.73M	21.93M	15.46M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables		19.35M	17.51M	12.68M	30.55M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets		6.70M	1.82M	4.50M	0.72M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets		41.80M	43.07M	39.11M	46.74M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment		152.08M	144.47M	135.30M	134.11M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation		94.28M	89.59M	85.25M	80.97M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment		152.08M	54.87M	50.04M	134.11M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles		0.20M	0.20M	0.20M	0.20M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets		0.07M	0.07M	0.06M	0.06M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets		152.35M	55.14M	50.30M	134.37M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets		99.88M	98.22M	89.42M	100.14M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable		9.25M	5.94M	2.76M	13.47M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses		2.59M	3.78M	2.56M	3.32M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities		0.93M	5.78M	5.89M	5.81M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities		21.94M	24.97M	19.83M	31.27M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt		6.94M	9.59M	6.06M	5.16M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities		14.19M	15.38M	10.96M	9.45M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities		36.16M	33.02M	24.33M	40.73M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net		0.19M	0.19M	0.19M	0.19M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital		28.17M	27.84M	27.68M	27.56M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings		35.49M	32.06M	31.01M	30.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock		0.25M	0.25M	0.25M	0.25M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity		0.10M	-0.44M	1.53M	1.47M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity		63.71M	59.39M	60.17M	59.41M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity		99.88M	98.22M	89.42M	100.14M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro