AZTECA GOLD CORPORATION Financial Ratios — AZGFF Stock

Profitability (USD)

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
As of date	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-15.76	-78.74	- -	- -
Return on Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-15.08	-72.93	-621.96	-1,064.36
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	100	100	100	100	100	100	- -	- -	- -	-70,841.67	- -	- -	- -	- -
Operating Margin (%)	100	100	100	100	100	100	- -	- -	- -	-70,841.33	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	100	100	100	100	100	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-9,654.32	-8,445.81	-17,750.08	-705.13	-708.27	-793.56	- -	- -	- -	-52,656.33	- -	- -	- -	- -
Net Income to Common Margin (%)	-9,654.32	-8,445.81	-17,750.08	-705.13	-708.27	-793.56	- -	- -	- -	-52,656.33	- -	- -	- -	- -
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-15.76	-78.74	- -	- -

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
As of date	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010

Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.78	0.94	0.02	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.78	0.86	0.02	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5,444.7	-411.41	-61.32
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5,453.69	-411.66	-61.32
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5,693.11	-419.5	-61.67
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	95.68	95.73	38.67	-259.23	-628.93
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt to Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	-46.65	-15.34	-31.7	0.22	0.4
Net Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	-87.45	-18.12	-46.41	0.22	0.4
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4	-9	-5	-11
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-21	-9	-5	-11
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4	-10	-5	-11

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
As of date	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010

No data availableFinancial data will appear here once available

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
As of date	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	4	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	25	1	-3	-3
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4	-9	-5	-11
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4	-10	-5	-11
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

No data availableFinancial data will appear here once available

	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
As of date	12/31/1997	12/31/1998	12/31/1999	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010

Shares Outstanding	4	4	4	4	10	10	18	19	20	107	107	160	160	358
Diluted Weighted Avg Shares	4	4	4	4	10	10	18	19	20	33	96	114	183	258
Basic Weighted Avg Shares	4	4	4	4	10	10	18	19	20	33	96	114	183	258
Revenue per Share	0.01	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	0.01	- -	- -	- -	- -	- -	- -	- -	- -	-0.01	-0.04	-0.08	-0.02	-0.04
Operating Income per Share	0.01	- -	- -	- -	- -	- -	- -	- -	- -	-0.01	-0.05	-0.08	-0.03	-0.04
Basic EPS, GAAP	-1.21	-0.15	-0.49	-0.03	-0.01	-0.01	-0.37	-0.08	- -	- -	-0.02	-0.09	-0.04	-0.03
Basic EPS from Cont Ops	-1.21	-0.15	-0.49	-0.03	-0.01	-0.01	-0.37	-0.08	- -	- -	-0.02	-0.09	-0.04	-0.03
Diluted EPS, GAAP	-1.21	-0.15	-0.49	-0.03	-0.01	-0.01	-0.37	-0.08	- -	- -	-0.02	-0.09	-0.04	-0.03
Diluted EPS from Cont Ops	-1.21	-0.15	-0.49	-0.03	-0.01	-0.01	-0.37	-0.08	- -	- -	-0.02	-0.09	-0.04	-0.03
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	-0.01	-0.01	-0.07	-0.02	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	-0.04	-0.19	-0.07	-0.02	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.02	0.04	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.04	0.23	- -	-0.02	-0.01
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.04	0.23	- -	-0.02	-0.01