VTNC: Balance Sheet for Vitran Corporation, Inc.

PERIOD ENDING		31-Dec-08	31-Dec-07	31-Dec-06

Assets
Current Assets
	Cash And Cash Equivalents	-	5,131	1,454
	Short Term Investments	-	-	-
	Net Receivables	68,410	79,092	67,771
	Inventory	12,063	11,325	10,796
	Other Current Assets	-	-	-

Total Current Assets		80,473	95,548	80,021
Long Term Investments		-	-	-
Property Plant and Equipment		152,602	169,062	145,129
Goodwill		17,057	124,375	117,146
Intangible Assets		13,279	13,645	15,888
Accumulated Amortization		-	-	-
Other Assets		-	-	150
Deferred Long Term Asset Charges		30,181	-	-

Total Assets		293,592	402,630	358,334

Liabilities
Current Liabilities
	Accounts Payable	63,495	67,468	69,191
	Short/Current Long Term Debt	16,925	18,144	15,724
	Other Current Liabilities	3,912	5,521	-

Total Current Liabilities		84,332	91,133	84,915
Long Term Debt		93,477	109,831	93,139
Other Liabilities		4,540	3,512	-
Deferred Long Term Liability Charges		-	7,810	6,983
Minority Interest		-	-	-
Negative Goodwill		-	-	-

Total Liabilities		182,349	212,286	185,037

Stockholders' Equity
Misc Stocks Options Warrants		-	-	-
Redeemable Preferred Stock		-	-	-
Preferred Stock		-	-	-
Common Stock		77,500	77,246	76,913
Retained Earnings		33,253	104,478	90,933
Treasury Stock		-	-	-
Capital Surplus		3,525	2,436	1,607
Other Stockholder Equity		(3,035)	6,184	3,844

Total Stockholder Equity		111,243	190,344	173,297

Net Tangible Assets		$80,907	$52,324	$40,263

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