Sadia S.A.

(NYSE:SDA)
  Jun 30, 2008 Mar 31, 2008 Dec 31, 2007 Sep 30, 2007
Assets
Current Assets
Cash & Equivalents 37,577 92,429 618,262 52,378
Restricted Cash — — — —
Marketable Securities 1,142,122 1,185,411 708,880 1,186,044
Accounts Receivable 341,381 265,814 468,570 213,557
Loans Receivable — — — —
Other Receivable 290,821 225,566 183,007 129,029
Receivables 632,202 491,380 651,577 342,586
Raw Materials 140,303 128,302 116,934 144,209
Work in Progress 127,582 125,294 127,297 111,005
Purchased Components — — — —
Finished Goods 382,322 300,577 188,799 231,866
Other Inventories 364,881 296,544 209,427 204,112
Inventories Adjustments and Allowances — — — —
Inventories 1,015,087 850,717 642,457 691,192
Prepaid Expenses — — — —
Current Deferred Income Taxes 32,163 34,741 13,227 8,773
Other Current Assets 63,863 68,078 194,556 94,789
Total Current Assets 2,923,014 2,722,756 2,828,960 2,375,762
Land and Improvements 69,650 62,919 54,046 58,663
Building and Improvements 784,743 686,507 557,000 567,235
Machinery Furniture and Equipment 1,392,967 902,758 831,188 753,822
Construction in Progress 670,976 498,339 385,565 339,934
Other Fixed Assets 465,947 675,714 602,926 474,917
Total Fixed Assets 3,384,282 2,826,236 2,430,727 2,194,571
Gross Fixed Assets 3,384,283 2,826,237 2,430,726 2,194,571
Accumulated Depreciation and Depletion 1,106,547 955,985 803,542 811,804
Net Fixed Assets 2,277,736 1,870,252 1,627,184 1,382,767
Intangibles — — 20,074 —
Cost in Excess — — 28,396 —
Non Current Deferred Income Taxes 63,509 55,429 — —
Other Non Current Assets 494,671 371,765 806,935 402,758
Total Non Current Assets 2,835,916 2,297,446 2,482,589 1,785,525
Total Assets 5,758,928 5,020,201 5,311,549 4,161,286
Liabilities
Current Liabilities
Accounts Payable 662,440 549,863 333,563 27,017
Notes Payable — — — —
Short Term Debt 667,587 641,519 745,855 47,443
Accrued Expenses — — — —
Accrued Liabilities 109,884 — 76,788 —
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities 7,449 6,063 — 599
Other Current Liabilities 152,910 181,469 333,879 24,869
Total Current Liabilities 1,600,270 1,378,913 1,490,085 99,930
Non Current Liabilities
Long Term Debt 1,971,943 1,686,771 1,509,645 150,672
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities 60,347 54,396 172,247 5,319
Other Non Current Liabilities 141,529 127,422 136,029 3,754,641
Minority Interest Liabilities 14,099 16,607 19,431 428
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 3,788,188 3,264,110 3,327,437 4,010,988
Total Liabilities 2,187,918 1,885,196 1,837,352 3,911,060
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 1,970,741 1,756,092 1,984,113 150,298
Common Par — — — —
Additional Paid in Capital 1,252,200 1,154,518 1,124,127 137,222
Cumulative Translation Adjustment — — — —
Retained Earnings 758,367 89,194 627,594 14,917
Treasury Stock -52,666 -48,065 -47,241 -18,411
Other Equity Adjustments 12,839 560,445 279,633 16,570
Total Capitalization 3,942,684 3,442,863 3,493,758 300,970
Cash Flow 741,960 698,240 611,558 440,213
Working Capital 1,322,744 1,343,842 1,338,875 2,275,834
Free Cash Flow -667,643 -310,224 -18,785 -52,097
Invested Capital 3,942,684 3,442,863 3,493,758 300,970
Total Equity 1,970,741 1,756,092 1,984,113 150,298
Total Liabilities and Stock Equity 5,758,929 5,020,202 5,311,550 4,161,286