Sirius Satellite Radio Incorporated

Company Balance Sheet

Assets
	Dec 2007	Dec 2006	Dec 2005	Dec 2004
Cash and Equivalents	438.82M	393.42M	762.01M	753.89M
Receivables	104.07M	71.01M	31.69M	0.00
Inventories	29.54M	34.50M	14.26M	0.00
Other Current Assets	74.57M	50.24M	42.83M	34.21M
Total Current Assets	678.86M	617.27M	1.01B	811.04M
Property, Plant & Equipment, Gross	1.38B	1.28B	1.21B	1.16B
Accumulated Depreciation & Depletion	572.51M	469.12M	377.64M	281.06M
Property, Plant & Equipment, Net	806.26M	810.39M	828.36M	881.28M
Intangibles	83.65M	83.65M	83.65M	83.65M
Other Non-Current Assets	125.38M	147.22M	161.90M	181.64M
Total Non-Current Assets	1.02B	1.04B	1.07B	1.15B
Liabilities & Shareholder Equity
Total Assets	1.69B	1.66B	2.09B	1.96B
Accounts Payable	69.54M	26.05M	6.83M	5.52M
Short Term Debt	35.80M	0.00	0.00	0.00
Other Current Liabilities	0.00	0.00	0.00	0.00
Total Current Liabilities	1.07B	875.06M	606.97M	269.51M
Long Term Debt	1.28B	1.07B	1.08B	656.27M
Deferred Income Taxes	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	134.42M	104.28M	68.99M	31.19M
Minority Interest	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	1.41B	1.17B	1.15B	687.47M
Total Liabilities	2.49B	2.05B	1.76B	956.98M
Preferred Stock Equity	0.00	0.00	0.00	0.00
Common Stock Equity	-792.74M	-389.07M	324.97M	1.00B
Common Par	1.47M	1.44M	1.35M	1.28M
Additional Paid In Capital	3.60B	3.44B	3.08B	2.92B
Cumulative Translation Adjustment	0.00	0.00	0.00	0.00
Retained Earnings	-4.40B	-3.83B	-2.73B	-1.87B
Treasury Stock	0.00	0.00	0.00	0.00
Other Equity Adjustments	0.00	0.00	-26.69M	-50.99M
Total Capitalization	485.88M	679.18M	1.41B	1.66B
Total Equity	-792.74M	-389.07M	324.97M	1.00B
Total Liabilities & Stock Equity	1.69B	1.66B	2.09B	1.96B
Total Common Shares Outstanding	1.47B	1.43B	1.35B	1.28B
Preferred Shares	0.00	0.00	0.00	0.00
Treasury Shares	0.00	0.00	0.00	0.00
Basic Weighted Shares Outstanding	1.46B	1.40B	1.33B	1.24B
Diluted Weighted Shares Outstanding	1.46B	1.40B	1.33B	1.24B
Number of Employees	973	772	614	514
Number of Part-Time Employees	0	0	0	0