The First Marblehead Corporation

(NYSE:FMD)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents — 70,280 182,700 243,170
Restricted Cash — — — —
Marketable Securities — 70,629 109,264 107,851
Accounts Receivable — 407,097 467,151 770,440
Loans Receivable — 497,324 496,278 —
Other Receivable — 4,086 — —
Receivables — 908,507 963,429 770,440
Raw Materials — — — —
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories — — — —
Inventories Adjustments and Allowances — — — —
Inventories — — — —
Prepaid Expenses — — 11,467 41,707
Current Deferred Income Taxes — — — —
Other Current Assets — 80,215 — 358,023
Total Current Assets — 1,129,631 1,266,860 1,521,191
Land and Improvements — — — —
Building and Improvements — 34,786 — —
Machinery Furniture and Equipment — 21,947 — —
Construction in Progress — — — —
Other Fixed Assets — 35,540 93,627 88,748
Total Fixed Assets — 92,273 93,627 88,748
Gross Fixed Assets — 92,273 93,627 88,748
Accumulated Depreciation and Depletion — 54,592 49,982 48,152
Net Fixed Assets — 37,681 43,645 40,596
Intangibles — 1,956 2,122 2,274
Cost in Excess — 1,701 4,878 4,878
Non Current Deferred Income Taxes — — — —
Other Non Current Assets — 29,929 15,875 15,625
Total Non Current Assets — 71,267 66,520 63,373
Total Assets 1,209,571 1,200,898 1,333,380 1,584,564
Liabilities
Current Liabilities
Accounts Payable — 20,543 32,889 30,754
Notes Payable — — — —
Short Term Debt — — 242,900 245,400
Accrued Expenses — — — —
Accrued Liabilities — — — —
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities — — 12,078 30,059
Total Current Liabilities — 20,543 287,867 306,213
Non Current Liabilities
Long Term Debt — 242,899 — —
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities — 10,385 61,791 201,139
Other Non Current Liabilities — 289,459 290,061 156,162
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities — 563,286 639,719 663,514
Total Liabilities — 542,743 351,852 357,301
Shareholders' Equity
Preferred Stock Equity — — — 59,800
Common Stock Equity 670,576 637,612 693,661 861,250
Common Par — 1,065 1,064 1,011
Additional Paid in Capital — 300,498 299,774 237,787
Cumulative Translation Adjustment — — — —
Retained Earnings — 519,933 576,604 806,154
Treasury Stock — -183,993 -183,970 -183,875
Other Equity Adjustments 670,576 109 189 173
Total Capitalization 670,576 880,511 693,661 921,050
Cash Flow — -215,443 -81,586 218,201
Working Capital — 1,109,088 978,993 1,214,978
Free Cash Flow — -502,139 -463,372 -270,276
Invested Capital 670,576 880,511 693,661 921,050
Total Equity 670,576 637,612 693,661 921,050
Total Liabilities and Stock Equity 670,576 1,200,898 1,333,380 1,584,564