Ryland Group: (NYSE: RYL)

Zacks Rank: 1-Strong Buy

Balance Sheet

Annual Balance Sheet

Fiscal Year End for RYLAND GRP INC falls in the month of December.

All items in Millions except Per Share data.

	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Assets
Cash & Equivalents	615	563	739	815	423
Receivables	0	0	0	93	161
Notes Receivable	0	0	0	0	0
Inventories	1,077	795	799	667	1,096
Other Current Assets	0	0	0	0	0
Total Current Assets	1,692	1,359	1,539	1,575	1,680
Net Property & Equipment	20	20	20	22	42
Investments & Advances	0	0	0	0	0
Other Non-Current Assets	2	35	0	0	0
Deferred Charges	0	0	0	0	0
Intangibles	0	0	0	0	0
Deposits & Other Assets	219	165	95	88	141
Total Assets	1,934	1,579	1,653	1,685	1,863

Liabilities & Shareholders Equity	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Notes Payable	0	0	0	0	0
Accounts Payable	125	74	63	79	73
Current Portion Long-Term Debt	0	50	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	147	141	148	169	260
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0
Total Current Liabilities	272	265	211	247	333
Mortgages	0	0	0	0	0
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	1,134	824	880	856	790
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	2	6	0	0	0
Minority Interest (Liabilities)	0	0	0	0	14
Total Liabilities	1,408	1,095	1,091	1,104	1,138

Shareholders Equity	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Preferred Stock	0	0	0	0	0
Common Stock (Par)	45	44	44	44	43
Capital Surplus	0	0	0	0	0
Retained Earnings	459	405	454	535	679
Other Equity	22	34	64	3	3
Treasury Stock	0	0	0	0	0
Total Shareholder's Equity	526	484	562	582	725
Total Liabilities & Shareholder's Equity	1,934	1,579	1,653	1,685	1,863
Total Common Equity	526	484	562	582	725
Shares Outstanding	45.10	44.40	44.10	43.80	42.70
Book Value Per Share	11.66	10.90	12.74	13.28	16.99

Fiscal Year End for RYLAND GRP INC falls in the month of December.

All items in Millions except Per Share data.

	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Assets
Cash & Equivalents	615	615	800	733	536
Receivables	0	0	0	0	0
Notes Receivable	0	0	0	0	0
Inventories	1,157	1,077	954	887	835
Other Current Assets	0	0	0	0	0
Total Current Assets	1,772	1,692	1,753	1,620	1,371
Net Property & Equipment	21	20	21	20	20
Investments & Advances	0	0	0	0	0
Other Non-Current Assets	1	2	5	15	30
Deferred Charges	0	0	0	0	0
Intangibles	0	0	0	0	0
Deposits & Other Assets	171	219	176	154	127
Total Assets	1,965	1,934	1,955	1,808	1,549

Liabilities & Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Notes Payable	0	0	0	0	0
Accounts Payable	117	125	107	86	72
Current Portion Long-Term Debt	0	0	58	50	32
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	157	147	160	136	138
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0
Total Current Liabilities	274	272	325	273	243
Mortgages	0	0	0	0	0
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	1,133	1,134	1,131	1,048	823
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	1	2	2	2	3
Minority Interest (Liabilities)	0	0	0	0	0
Total Liabilities	1,408	1,408	1,458	1,322	1,069

Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Preferred Stock	0	0	0	0	0
Common Stock (Par)	46	45	45	45	45
Capital Surplus	0	0	0	0	0
Retained Earnings	494	459	427	410	403
Other Equity	17	22	26	31	33
Treasury Stock	0	0	0	0	0
Total Shareholder's Equity	557	526	497	486	480
Total Liabilities & Shareholder's Equity	1,965	1,934	1,955	1,808	1,549
Total Common Equity	557	526	497	486	480
Shares Outstanding	999,999.00	45.10	44.70	44.60	44.40
Book Value Per Share	0.00	11.66	11.13	10.89	10.81