DYRFF — Dunes Exploration Balance Sheet

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Annual balance sheet for Dunes Exploration, fiscal year end - December 31st, CAD millions except per share, conversion factor applied.

	2007 December 31st	2008 December 31st	2009 December 31st
Period Length:	—	—	—
Source:	ARS	ARS	ARS
Standards:	CAS	CAS	CAS
Status:	Final	Final	Final
Cash
Short Term Investments
Cash and Short Term Investments	0.232	0.713	0.01
Net Total Accounts Receivable
Net Total Receivables	0.025	0.035	0.018
Prepaid Expenses
Total Current Assets	0.271	0.762	0.032
Gross Property, Plant And Equipment
Accumulated Depreciation
Net Property, Plant And Equipment	4.44	3.37	3.2
Other Long Term Assets
Total Assets	4.71	4.13	3.62
Accounts Payable
Payable / Accrued
Notes Payable / Short Term Debt
Current Portion of Long Term Debt / Capital Leases
Total Current Liabilities	0.412	0.452	0.349
Long Term Debt
Total Long Term Debt
Total Debt
Total Other Liabilities
Total Liabilities	0.412	2.6	1.45
Common Stock
Additional Paid In Capital
Retained Earnings (Accumulated Deficit)
Other Equity
Total Equity	4.3	1.52	2.17
Total Liabilities & Shareholders' Equity	4.71	4.13	3.62
Total Common Shares Outstanding