SOUTHERN CROSS EXPLORATION N L
AND CONTROLLED ENTITIES
SIMPLIFIED BALANCE SHEET
AS AT 31 DECEMBER 2009
$
WHAT SHAREHOLDERS OWN (Assets)
Financial Assets and Receivables 8,264,499
Exploration and Evaluation Assets 713,870
Investment in Joint Venture 8,152,656
TOTAL ASSETS 17,131,025
WHAT THE COMPANY OWES (Liabilities)
TOTAL LIABILITIES 3,649,087
NET ASSETS 13,481,938
Share Capital, Reserves
and Accumulated Losses 13,481,938
TOTAL EQUITY 13,481,938
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