Balance Sheets Padaeng Industry Public Company Limited Balance Sheets As at 31 December 2001 and 2000       Consolidated 2001 2000 Baht Baht Assets Current Assets Cash in hand and at banks 492,966,410 391,901,824 Deposit at bank used as collateral                     –   200,000 Short-term deposit         30,054,136                     –   Trade accounts receivable – net          – Other companies      242,639,175 345,492,096          – related companies          9,330,192                     –   Short-term loans and advances to            related companies – net                     –   2,019,224 Inventories – net      935,156,755 1,264,721,647 Withholding tax          6,874,971 7,716,033 Account receivable – Revenue Department        75,829,293 15,257,153 Other receivables        14,479,346 1,505,153 Forward contract receivable – net             290,268 15,018,000 Other current assets        19,300,535 6,933,011 Total Current Assets 1,826,921,081 2,050,764,141 Non current assets      Long-term deposit                     –   30,054,136      Investment in subsidiaries – net                     –                       –        Long-term general investments – net                     –   10,010,000      Property, plant and equipment – net    2,587,164,276 2,787,010,509      Assets held for sale                     –   12,500,004      Other  assets       238,132,925 230,210,793 Total Assets 4,652,218,282 5,120,549,583 Liabilities and Shareholders’ Equity Current Liabilities Loans from  financial institutions      330,510,100 574,035,903 Trade accounts and notes payable   – Other companies      204,956,958 261,720,217   – Related companies         –          –  Current portion of long-term loans      235,000,000 723,225,558 Short-term loans    from  related companies         –  124,198,021 Accrued interest expenses        11,108,322 57,044,194 Accrued electricity expenses      151,382,253 122,533,864 Provision for tax penalty          –  32,170,000 Other current liabilities      101,416,060 97,767,278 Total Current Liabilities 1,034,373,693 1,992,695,035 Non current liabilities        Loans  from  related companies         –          –         Long – term loans      690,000,000 529,018,532        Provision  for  restoration expense        62,617,126 69,765,617 Total Liabilities 1,786,990,819 2,591,479,184 Shareholders’ Equity Share  capital   Authorized share capital 226,000,000 ordinary shares     of Baht 10 each  2,260,000,000 2,260,000,000 Issued and paid-up share capital 226,000,000 ordinary shares    of Baht 10 each, fully paid 2,260,000,000 2,260,000,000 Premium  on  share  capital 1,128,971,765 1,128,971,765 Retained  earnings  (deficit)      Appropriated       – Legal reserve  98,200,000 98,200,000       – Reserve for business expansion         –  1,969,000,000      Unappropriated  retained earnings (deficit)     (625,846,778) (2,930,146,217) Total Company shareholders’ equity    2,861,324,987 2,526,025,548 Minority interest          3,902,476 3,044,851 Total shareholders’equity    2,865,227,463    2,529,070,399 Total Liabilities and   Shareholders’ Equity    4,652,218,282    5,120,549,583