Tim Participaes 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	1.005B	1.961B	1.314B	815.53M	953.83M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	1.934B	1.974B	1.945B	1.854B	1.642B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory	213.81M	164.09M	217.91M	218.61M	181.78M	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	1.058B	879.09M	886.00M	987.41M	894.56M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	4.210B	4.978B	4.363B	3.874B	3.673B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment				3.538B		Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments		15.54M		9.99M	8.61M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	3.244B	3.469B	2.741B	3.035B	2.676B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	799.61M	744.03M	720.53M	417.14M	603.47M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	4.869B	5.122B	4.418B	8.022B	4.307B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	12.79B	14.08B	12.40B	11.90B	11.33B	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	1.525B	2.228B	1.790B	1.605B	1.534B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses	529.78M	423.89M	389.41M	197.99M	483.03M	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	402.55M	502.40M	308.71M	472.42M	418.05M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	3.136B	4.082B	3.174B	2.809B	3.034B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt	1.437B	1.544B	1.640B	1.525B	1.275B	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	658.12M	623.76M	641.43M	696.76M	653.57M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	2.158B	2.214B	2.330B	2.272B	1.978B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	5.294B	6.296B	5.504B	5.081B	5.012B	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	5.575B	5.911B	5.038B	5.123B		Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	218.68M	230.96M	234.80M	238.80M	4.898B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	156.63M	1.643B	1.626B	1.455B	1.293B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock	1.90M	2.02M	2.07M	0.00		Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity	1.550B	0.00	0.00	0.00	128.28M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	7.499B	7.783B	6.897B	6.817B	6.319B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	12.79B	14.08B	12.40B	11.90B	11.33B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro