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Westaim announces 2007 year-end results
Date:2/15/2008

1 19,201

Capital assets held for sale 10,086 44,757

Intangible assets 799 951

Intangible assets held for sale 2,392 3,174

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$ 83,387 $ 148,339

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LIABILITIES AND SHAREHOLDERS' EQUITY

Current

Accounts payable and accrued liabilities $ 7,018 $ 6,165

Accounts payable and accrued liabilities held

for sale 1,443 1,812

Current portion of long-term debt - 8,000

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8,461 15,977

Deferred gain 218 -

Provision for site restoration 6,580 6,580

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15,259 22,557

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Non-controlling interest 11,757 12,805

Shareholders' equity

Capital stock 426,262 426,122

Contributed surplus 7,769 5,379

Accumulated other comprehensive loss (1,779) (676)

Deficit (375,881) (317,848)

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SOURCE Westaim Corporation
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