v2.4.0.6

Balance Sheets (USD $)	Dec. 31, 2011	Dec. 31, 2010
CURRENT
Cash	$ 9,641	$ 18
Subscription receivable
TOTAL CURRENT ASSETS	9,641	18
FIXED - AT COST
Computer equipment	1,167
Less: Accumulated depreciation	(19)
TOTAL FIXED ASSETS	1,148
TOTAL ASSETS	10,789	18
LIABILITIES
Accounts payable	2,800
Due to shareholder	950	1,550
TOTAL LIABILITIES	3,750	1,550
STOCKHOLDER EQUITY
Commons shares, no par value, authorized - 1,000,000 - issued and outstanding -669,850(December 31, 2010 - 500,000)	17,485	500
RETAINED EARNINGS(DEFICIT)	(10,446)	(2,032)
TOTAL STOCKHOLDER EQUITY	7,039	(1,532)
TOTAL LIABILITIES AND STOCKHOLDER EQUITY	$ 10,789	$ 18

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Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Carrying value as of the balance sheet date of obligations incurred through that date and payable for rebates of an exchange fee some mutual funds impose on shareholders if they exchange (transfer) to another fund within the same fund group. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

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Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.

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Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.

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Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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Amount of subscriptions receivable for redeemable preferred stock shares subscribed but unissued.

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A segregation of retained earnings which is unavailable for dividend distribution. Includes also retained earnings appropriated for loss contingencies.

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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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PLASTER CASTER INC. 10-K/A