LDK Solar Co., Ltd.

(NYSE:LDK)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Assets
Current Assets
Cash & Equivalents	347,762	83,742	93,705	83,470
Restricted Cash	—	—	—	—
Marketable Securities	115,028	261,934	142,086	135,950
Accounts Receivable	40,286	34,964	8,905	3,767
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	27,480
Receivables	40,286	34,964	8,905	31,247
Raw Materials	—	—	—	—
Work in Progress	—	—	—	—
Purchased Components	—	—	—	—
Finished Goods	—	—	—	—
Other Inventories	702,314	656,202	519,594	349,997
Inventories Adjustments and Allowances	—	—	—	—
Inventories	702,314	656,202	519,594	349,997
Prepaid Expenses	294,855	253,806	206,330	138,193
Current Deferred Income Taxes	1,965	1,307	658	546
Other Current Assets	47,800	48,830	39,187	2,345
Total Current Assets	1,550,010	1,340,785	1,010,465	741,748
Land and Improvements	—	—	—	—
Building and Improvements	—	—	—	20,384
Machinery Furniture and Equipment	—	—	—	227,916
Construction in Progress	—	—	—	104,538
Other Fixed Assets	1,154,614	721,859	517,153	—
Total Fixed Assets	1,154,614	721,859	517,153	352,838
Gross Fixed Assets	1,154,614	721,859	517,153	352,838
Accumulated Depreciation and Depletion	16,075	16,075	16,075	16,075
Net Fixed Assets	1,138,539	705,784	501,078	336,763
Intangibles	98,892	80,049	65,721	30,355
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	1,052	596	368	387
Other Non Current Assets	392,724	300,637	275,474	200,733
Total Non Current Assets	1,631,207	1,087,066	842,641	568,238
Total Assets	3,181,217	2,427,851	1,853,106	1,309,986
Liabilities
Current Liabilities
Accounts Payable	59,165	67,003	37,465	18,032
Notes Payable	—	—	—	—
Short Term Debt	451,940	375,634	313,933	264,101
Accrued Expenses	326,395	166,994	137,525	11,487
Accrued Liabilities	—	—	—	—
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	348,402	254,468	243,132	228,394
Total Current Liabilities	1,185,902	864,099	732,055	522,014
Non Current Liabilities
Long Term Debt	559,465	499,158	37,795	25,125
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	436,475	366,958	303,477	69,776
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	2,181,842	1,730,215	1,073,327	616,915
Total Liabilities	995,940	866,116	341,272	94,901
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	999,375	697,636	779,779	693,071
Common Par	11,311	10,648	10,648	10,604
Additional Paid in Capital	441,913	238,555	494,358	486,253
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	433,844	345,396	195,862	146,036
Treasury Stock	—	—	—	—
Other Equity Adjustments	112,307	103,037	78,911	50,178
Total Capitalization	1,558,840	1,196,794	817,574	718,196
Cash Flow	340,754	293,911	171,127	154,207
Working Capital	364,108	476,686	278,410	219,734
Free Cash Flow	—	—	—	-409,286
Invested Capital	1,558,840	1,196,794	817,574	718,196
Total Equity	999,375	697,636	779,779	693,071
Total Liabilities and Stock Equity	3,181,217	2,427,851	1,853,106	1,309,986

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Assets
Current Assets
Cash & Equivalents	83,470	30,227	9,687
Restricted Cash	—	—	—
Marketable Securities	135,950	—	—
Accounts Receivable	3,767	2,306	—
Loans Receivable	—	—	—
Other Receivable	27,480	—	—
Receivables	31,247	2,306	—
Raw Materials	—	79,496	—
Work in Progress	—	8,884	—
Purchased Components	—	—	—
Finished Goods	—	5,096	—
Other Inventories	349,997	1,410	—
Inventories Adjustments and Allowances	—	—	—
Inventories	349,997	94,886	—
Prepaid Expenses	138,193	37,718	966
Current Deferred Income Taxes	546	—	—
Other Current Assets	2,345	7,609	10,162
Total Current Assets	741,748	172,746	20,815
Land and Improvements	—	—	—
Building and Improvements	20,384	7,716	—
Machinery Furniture and Equipment	227,916	81,540	12
Construction in Progress	104,538	14,293	10,480
Other Fixed Assets	—	—	—
Total Fixed Assets	352,838	103,549	10,492
Gross Fixed Assets	352,838	103,549	10,492
Accumulated Depreciation and Depletion	16,075	2,674	1
Net Fixed Assets	336,763	100,875	10,491
Intangibles	30,355	7,860	—
Cost in Excess	—	—	—
Non Current Deferred Income Taxes	387	148	35
Other Non Current Assets	200,733	11,090	306
Total Non Current Assets	568,238	119,973	10,832
Total Assets	1,309,986	292,719	31,647
Liabilities
Current Liabilities
Accounts Payable	18,032	6,119	3
Notes Payable	—	—	—
Short Term Debt	264,101	56,765	—
Accrued Expenses	11,487	14,600	85
Accrued Liabilities	—	—	—
Deferred Revenues	—	—	—
Current Deferred Income Tax Liabilities	—	—	—
Other Current Liabilities	228,394	40,002	20,260
Total Current Liabilities	522,014	117,486	20,348
Non Current Liabilities
Long Term Debt	25,125	30,245	—
Capital Lease Obligations	—	—	—
Deferred Income Tax Liabilities	—	—	—
Other Non Current Liabilities	69,776	2	—
Minority Interest Liabilities	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—
Preferred Equity Outside Stock Equity	—	—	—
Total Non Current Liabilities	616,915	235,477	20,348
Total Liabilities	94,901	117,991	—
Shareholders' Equity
Preferred Stock Equity	—	—	—
Common Stock Equity	693,071	57,242	11,299
Common Par	10,604	7,500	—
Additional Paid in Capital	486,253	29,302	11,534
Cumulative Translation Adjustment	—	—	—
Retained Earnings	146,036	21,988	-274
Treasury Stock	—	—	—
Other Equity Adjustments	50,178	-1,548	39
Total Capitalization	718,196	87,487	11,299
Cash Flow	154,207	33,091	-273
Working Capital	219,734	55,260	467
Free Cash Flow	-409,286	-136,631	-12,951
Invested Capital	718,196	87,487	11,299
Total Equity	693,071	57,242	11,299
Total Liabilities and Stock Equity	1,309,986	292,719	31,647