Titanium Metals Corporation

(NYSE:TIE)

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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	36,400	41,400	50,000	90,000
Restricted Cash	—	—	—	—
Marketable Securities	—	—	—	—
Accounts Receivable	182,000	186,400	206,800	209,900
Loans Receivable	—	—	—	—
Other Receivable	—	12,000	7,300	—
Receivables	182,000	198,400	214,100	209,900
Raw Materials	123,000	118,000	121,200	121,800
Work in Progress	308,500	305,300	276,200	268,700
Purchased Components	—	—	—	—
Finished Goods	119,400	125,500	132,600	125,800
Other Inventories	47,100	49,300	44,100	46,400
Inventories Adjustments and Allowances	—	—	—	—
Inventories	598,000	598,100	574,100	562,700
Prepaid Expenses	7,400	4,700	5,100	6,100
Current Deferred Income Taxes	15,000	14,500	14,400	14,600
Other Current Assets	7,700	—	—	14,500
Total Current Assets	846,500	857,100	857,700	897,800
Land and Improvements	12,600	12,600	12,600	11,600
Building and Improvements	59,700	59,900	57,700	55,000
Machinery Furniture and Equipment	484,600	564,700	479,800	455,800
Construction in Progress	113,500	100,000	88,800	88,700
Other Fixed Assets	72,200	—	70,600	70,300
Total Fixed Assets	742,600	737,200	709,500	681,400
Gross Fixed Assets	742,600	737,200	709,500	681,400
Accumulated Depreciation and Depletion	314,300	312,000	302,300	299,400
Net Fixed Assets	428,300	425,200	407,200	382,000
Intangibles	—	—	—	—
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	4,400	3,900	3,500	2,600
Other Non Current Assets	159,200	170,800	157,600	137,500
Total Non Current Assets	591,900	599,900	568,300	522,100
Total Assets	1,438,400	1,457,000	1,426,000	1,419,900
Liabilities
Current Liabilities
Accounts Payable	74,300	78,600	82,600	72,600
Notes Payable	—	—	—	—
Short Term Debt	—	12,100	—	—
Accrued Expenses	—	—	—	—
Accrued Liabilities	32,900	69,800	33,200	52,800
Deferred Revenues	16,600	—	15,700	14,300
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	36,200	—	47,500	38,000
Total Current Liabilities	160,000	160,500	179,000	177,700
Non Current Liabilities
Long Term Debt	13,100	22,500	—	—
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	5,100	8,200	9,200	11,300
Other Non Current Liabilities	69,800	71,800	73,500	74,300
Minority Interest Liabilities	22,500	22,900	28,400	23,900
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	270,500	285,900	290,100	287,200
Total Liabilities	110,500	125,400	111,100	109,500
Shareholders' Equity
Preferred Stock Equity	3,200	3,200	3,200	4,100
Common Stock Equity	1,164,700	1,167,900	1,132,700	1,128,600
Common Par	1,800	1,800	1,800	1,800
Additional Paid in Capital	523,400	523,400	523,300	558,200
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	675,900	649,300	615,600	589,000
Treasury Stock	—	—	—	—
Other Equity Adjustments	-36,400	-6,600	-8,000	-20,400
Total Capitalization	1,181,000	1,193,600	1,135,900	1,132,700
Cash Flow	233,800	244,700	272,000	304,200
Working Capital	686,500	696,600	678,700	720,100
Free Cash Flow	38,700	-7,300	9,600	71,900
Invested Capital	1,181,000	1,193,600	1,135,900	1,132,700
Total Equity	1,167,900	1,171,100	1,135,900	1,132,700
Total Liabilities and Stock Equity	1,438,400	1,457,000	1,426,000	1,419,900

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	90,000	29,360	17,605	7,194
Restricted Cash	—	146	146	721
Marketable Securities	—	—	—	—
Accounts Receivable	209,900	213,014	142,902	96,756
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	—
Receivables	209,900	213,014	142,902	96,756
Raw Materials	121,800	134,018	89,956	71,067
Work in Progress	268,700	239,396	169,856	97,848
Purchased Components	—	—	—	—
Finished Goods	125,800	90,283	73,395	77,012
Other Inventories	46,400	37,810	32,489	12,397
Inventories Adjustments and Allowances	—	—	—	-26,744
Inventories	562,700	501,507	365,696	231,580
Prepaid Expenses	6,100	4,444	4,485	2,400
Current Deferred Income Taxes	14,600	9,095	19,436	4,975
Other Current Assets	14,500	—	—	—
Total Current Assets	897,800	757,566	550,270	343,626
Land and Improvements	11,600	9,328	8,922	8,703
Building and Improvements	55,000	41,551	37,259	31,780
Machinery Furniture and Equipment	455,800	376,165	409,255	396,640
Construction in Progress	88,700	103,444	31,488	14,819
Other Fixed Assets	70,300	66,048	—	—
Total Fixed Assets	681,400	596,536	486,924	451,942
Gross Fixed Assets	681,400	596,536	486,924	451,942
Accumulated Depreciation and Depletion	299,400	266,700	233,934	223,769
Net Fixed Assets	382,000	329,836	252,990	228,173
Intangibles	—	—	683	5,057
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	2,600	3,500	8,009	1,053
Other Non Current Assets	137,500	125,971	95,312	87,640
Total Non Current Assets	522,100	459,307	356,994	321,923
Total Assets	1,419,900	1,216,873	907,264	665,549
Liabilities
Current Liabilities
Accounts Payable	72,600	87,845	61,457	44,164
Notes Payable	—	—	—	43,176
Short Term Debt	—	—	—	—
Accrued Expenses	—	—	—	—
Accrued Liabilities	52,800	74,918	61,173	53,130
Deferred Revenues	14,300	6,922	14,525	—
Current Deferred Income Tax Liabilities	—	581	—	—
Other Current Liabilities	38,000	40,865	29,695	21,702
Total Current Liabilities	177,700	211,131	166,850	162,172
Non Current Liabilities
Long Term Debt	—	—	57,211	12,010
Capital Lease Obligations	—	—	—	175
Deferred Income Tax Liabilities	11,300	17,773	27,445	60
Other Non Current Liabilities	74,300	87,773	80,067	98,909
Minority Interest Liabilities	23,900	21,324	13,523	12,539
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	287,200	338,001	345,096	285,865
Total Liabilities	109,500	126,870	178,246	123,693
Shareholders' Equity
Preferred Stock Equity	4,100	75,045	132,493	173,650
Common Stock Equity	1,128,600	803,827	429,675	206,034
Common Par	1,800	1,615	710	160
Additional Paid in Capital	558,200	484,369	401,057	350,866
Cumulative Translation Adjustment	—	17,689	—	—
Retained Earnings	589,000	340,279	66,179	-103,788
Treasury Stock	—	—	—	-1,208
Other Equity Adjustments	-20,400	-40,125	-38,271	-39,996
Total Capitalization	1,132,700	878,872	619,379	391,694
Cash Flow	304,200	308,534	175,233	68,368
Working Capital	720,100	546,435	383,420	181,454
Free Cash Flow	71,900	46,027	-2,954	-49,978
Invested Capital	1,132,700	878,872	619,379	391,869
Total Equity	1,132,700	878,872	562,168	379,684
Total Liabilities and Stock Equity	1,419,900	1,216,873	907,264	665,549