TURNER VALLEY OIL & GAS INC Balance Sheet

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$0.01 +$0.00 (60.0%)

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Balance Sheet

Concept	2008 Q3	2008 Q2	2008 Q1	2007 Q4	2007 Q3	2007 Q2	2007 Q1	2006 Q4	2006 Q3	2006 Q2	2006 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.000K -53.33% YoY	$12.00K N/A	$9.000K -55.0% YoY	$76.00K N/A	$15.00K N/A	$0.00 N/A	$20.00K -75.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$80.00K 300.0% YoY
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Short-Term Investments	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Short-Term Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Prepaid Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Receivables	$18.00K 125.0% YoY	$14.00K 40.0% YoY	$12.00K N/A	$8.000K -20.0% YoY	$8.000K N/A	$10.00K 0.0% YoY	$0.00 N/A	$10.00K N/A	$0.00 -100.0% YoY	$10.00K 0.0% YoY	$0.00 -100.0% YoY
Other Receivables	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Total Short-Term Assets	$25.00K 8.7% YoY	$26.00K 160.0% YoY	$21.00K 5.0% YoY	$84.00K 740.0% YoY	$23.00K N/A	$10.00K 0.0% YoY	$20.00K -75.0% YoY	$10.00K -87.5% YoY	$0.00 -100.0% YoY	$10.00K -75.0% YoY	$80.00K 300.0% YoY
LONG-TERM ASSETS
Property, Plant & Equipment	$11.00K -97.99% YoY	$13.00K -98.63% YoY	$16.00K -98.32% YoY	$18.18K -98.09% YoY	$546.2K -17.24% YoY	$950.0K 196.88% YoY	$950.0K 295.83% YoY	$950.0K 375.0% YoY	$660.0K 230.0% YoY	$320.0K 966.67% YoY	$240.0K 500.0% YoY
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Intangibles	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$150.0K -85.15% YoY	$170.0K 13.33% YoY	$260.0K 73.33% YoY	$600.0K 275.0% YoY	$1.010M 531.25% YoY	$150.0K -16.67% YoY	$150.0K -16.67% YoY
Other Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Long-Term Assets	$11.00K -98.42% YoY	$13.00K -98.83% YoY	$16.00K -98.68% YoY	$18.18K -98.83% YoY	$696.2K -58.31% YoY	$1.110M 136.17% YoY	$1.210M 210.26% YoY	$1.560M 333.33% YoY	$1.670M 377.14% YoY	$470.0K 123.81% YoY	$390.0K 77.27% YoY
TOTAL ASSETS
Total Short-Term Assets	$25.00K 8.7% YoY	$26.00K 160.0% YoY	$21.00K 5.0% YoY	$84.00K 740.0% YoY	$23.00K N/A	$10.00K 0.0% YoY	$20.00K -75.0% YoY	$10.00K -87.5% YoY	$0.00 -100.0% YoY	$10.00K -75.0% YoY	$80.00K 300.0% YoY
Total Long-Term Assets	$11.00K	$13.00K	$16.00K	$18.18K	$696.2K	$1.110M	$1.210M	$1.560M	$1.670M	$470.0K	$390.0K
Total Assets	$36.00K -94.99% YoY	$39.00K -96.52% YoY	$37.00K -96.99% YoY	$102.2K -93.49% YoY	$719.2K -56.93% YoY	$1.120M 133.33% YoY	$1.230M 161.7% YoY	$1.570M 256.82% YoY	$1.670M 160.94% YoY	$480.0K 92.0% YoY	$470.0K 95.83% YoY
SHORT-TERM LIABILITIES
Accounts Payable	$35.82K 198.5% YoY	$35.00K -91.25% YoY	$21.00K -94.75% YoY	$4.000K -99.0% YoY	$12.00K -89.09% YoY	$400.0K 566.67% YoY	$400.0K 3900.0% YoY	$400.0K 3900.0% YoY	$110.0K -42.11% YoY	$60.00K 50.0% YoY	$10.00K -75.0% YoY
Accrued Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Deferred Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Short-Term Debt	$23.66K -1.42% YoY	$24.00K -40.0% YoY	$24.00K 20.0% YoY	$24.00K -20.0% YoY	$24.00K 20.0% YoY	$40.00K 100.0% YoY	$20.00K 0.0% YoY	$30.00K 50.0% YoY	$20.00K 0.0% YoY	$20.00K 0.0% YoY	$20.00K 0.0% YoY
Long-Term Debt Due	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Short-Term Liabilities	$59.48K 65.22% YoY	$59.00K -86.59% YoY	$45.00K -89.29% YoY	$28.00K -93.49% YoY	$36.00K -74.29% YoY	$440.0K 388.89% YoY	$420.0K 1300.0% YoY	$430.0K 1333.33% YoY	$140.0K -36.36% YoY	$90.00K 50.0% YoY	$30.00K -50.0% YoY
LONG-TERM LIABILITIES
Long-Term Debt	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Other Long-Term Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Long-Term Liabilities	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
TOTAL LIABILITIES
Total Short-Term Liabilities	$59.48K 65.22% YoY	$59.00K -86.59% YoY	$45.00K -89.29% YoY	$28.00K -93.49% YoY	$36.00K -74.29% YoY	$440.0K 388.89% YoY	$420.0K 1300.0% YoY	$430.0K 1333.33% YoY	$140.0K -36.36% YoY	$90.00K 50.0% YoY	$30.00K -50.0% YoY
Total Long-Term Liabilities	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Total Liabilities	$59.48K 65.22% YoY	$59.00K -86.59% YoY	$45.00K -89.29% YoY	$28.00K -93.49% YoY	$36.00K -74.29% YoY	$440.0K 388.89% YoY	$420.0K 1300.0% YoY	$430.0K 1333.33% YoY	$140.0K -36.36% YoY	$90.00K 50.0% YoY	$30.00K -50.0% YoY
SHAREHOLDERS EQUITY
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Common Stock	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Preferred Stock	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Treasury Stock (at cost)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Treasury Stock Shares	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Shareholders Equity	-$24.00K -103.52% YoY	-$20.00K -102.94% YoY	-$7.000K -100.86% YoY	$74.00K -93.51% YoY	$682.0K -55.71% YoY	$680.0K 70.0% YoY	$810.0K 84.09% YoY	$1.140M 178.05% YoY	$1.540M 266.67% YoY	$400.0K 110.53% YoY	$440.0K 144.44% YoY
Total Liabilities & Shareholders Equity	$35.48K -95.06% YoY	$39.00K -96.52% YoY	$38.00K -96.91% YoY	$102.0K -93.5% YoY	$718.0K -57.01% YoY	$1.120M 133.33% YoY	$1.230M 161.7% YoY	$1.570M 256.82% YoY	$1.670M 160.94% YoY	$480.0K 92.0% YoY	$470.0K 95.83% YoY