Quarterly report pursuant to sections 13 or 15(d)

11.PLANT OWNERS' CONDENSED COMBINED FINANCIAL STATEMENTS.

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11.PLANT OWNERS' CONDENSED COMBINED FINANCIAL STATEMENTS.
 6 Months Ended
Jun. 30, 2011
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
11.
PLANT OWNERS’ CONDENSED COMBINED FINANCIAL STATEMENTS.

Since the consolidated financial statements of the Company include entities other than the Plant Owners, the following presents the condensed combined financial statements of the Plant Owners. These condensed combined financial statements have been prepared, in all material respects, on the same basis as the consolidated financial statements of the Company. The condensed combined financial statements of the Plant Owners are as follows (unaudited, in thousands):

PACIFIC ETHANOL HOLDING CO. LLC AND SUBSIDIARIES

CONDENSED COMBINED STATEMENT OF OPERATIONS

   
Three Months Ended
June 30, 2010
   
Six Months Ended
June 30, 2010
 
             
Net sales
  $ 47,052     $ 89,737  
Cost of goods sold
    51,411       98,140  
Gross loss
    (4,359 )     (8,403 )
Selling, general and administrative expenses
    843       1,829  
Loss from operations
    (5,202 )     (10,232 )
Other expense, net
    (628 )     (1,253 )
Loss before reorganization costs and gain from bankruptcy exit
    (5,830 )     (11,485 )
Reorganization costs
    (2,714 )     (4,153 )
Gain from bankruptcy exit
    119,408       119,408  
Net income
  $ 110,864     $ 103,770  

PACIFIC ETHANOL HOLDING CO. LLC AND SUBSIDIARIES

CONDENSED COMBINED STATEMENT OF CASH FLOWS

Six Months Ended June 30, 2010

Operating Activities:
     
    Net cash used in operating activities
  $ (6,808 )
Investing Activities:
       
    Net cash impact of bankruptcy exit
  $ (1,301 )
Additions to property and equipment
    (310 )
Net cash used in investing activities
  $ (1,611 )
Financing Activities:
       
Proceeds from borrowings
  $ 5,173  
Net cash provided by financing activities
  $ 5,173  
Net decrease in cash and cash equivalents
    (3,246 )
Cash and cash equivalents at beginning of period
    3,246  
Cash and cash equivalents at end of period
  $ ---