U
Gulf Alternative Energy Corp. GAEC
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03/31/2009 09/30/2008 06/30/2008 03/31/2008
Total Cash And Short-Term Investments 31.40K 23.80K 4.10K 6.00K
Total Receivables -- -- -- --
Inventory -- -- -- --
Prepaid Expenses -- -- -- --
Finance Division Loans and Leases Current -- -- -- --
Total Finance Division Other Current Assets -- -- -- --
Other Current Assets -- -- -- --
Total Current Assets 31.40K 23.80K 4.10K 6.00K

Total Current Assets 31.40K 23.80K 4.10K 6.00K
Net Property, Plant & Equipment -- -- 56.10K --
Long-term Investments -- -- -- --
Goodwill -- -- -- --
Total Other Intangibles -- -- -- --
Finance Div Loans & Leases LT -- -- -- --
Total Finance Div Other LT Assets -- -- -- --
Total Other Assets 14.90K 17.80K 2.00K --
Total Assets 46.30K 41.60K 62.20K 6.00K

Total Accounts Payable 66.50K 33.30K 7.60K 4.40K
Total Accrued Expenses -- -- -- --
Short-term Debt 301.50K 410.20K 464.40K 323.20K
Current Portion of Long-Term Debt/Capital Leases -- -- -- --
Finance Division Debt Current -- -- -- --
Total Finance Division Other Current Liabilities -- -- -- --
Total Other Current Liabilities -- -- -- --
Total Current Liabilities 367.90K 443.50K 472.00K 327.50K

Total Current Liabilities 367.90K 443.50K 472.00K 327.50K
Long-Term Debt -- -- -- --
Short-term Debt 301.50K 410.20K 464.40K 323.20K
Capital Leases -- -- -- --
Finance Division Debt Non Current -- -- -- --
Total Finance Division Other Non Current Liabilities -- -- -- --
Total Other Liabilities -- -- -- --
Total Liabilities 367.90K 443.50K 472.00K 327.50K

Common Stock & APIC 4.73M 4.72M 4.11M 4.08M
Retained Earnings -5.15M -4.95M -4.52M -4.40M
Treasury Stock & Other -- -166.70K -- --
Total Common Equity -417.70K -401.90K -409.80K -321.50K

Preferred Stock Redeemable -- -- -- --
Preferred Stock Non Redeemable -- -- -- --
Preferred Stock Convertible 96.00K -- -- --
Preferred Stock, Others -- -- -- --
Total Preferred Equity 96.00K -- -- --

Total Common Equity -417.70K -401.90K -409.80K -321.50K
Total Preferred Equity 96.00K -- -- --
Total Minority Interest -- -- -- --
Total Equity -321.70K -401.90K -409.80K -321.50K