Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 941,579 $ 676,780
Accounts receivable 2,100 2,279
Inventory 1,564 104,782
Other current assets 298,586 327,701
Total Current Assets 1,243,829 1,111,542
PROPERTY AND EQUIPMENT, NET 14,559,002 11,905,182
INVESTMENT HELD FOR SALE 288,536 291,031
DEFERRED GROWING COST 3,378,990 2,780,871
OTHER NONCURRENT ASSETS 11,372 10,814
TOTAL ASSETS 19,481,729 16,099,440
CURRENT LIABILITIES    
Accounts payable and accrued expenses 1,135,594 1,363,217
Accrued payroll and payroll taxes 1,018,894 1,046,763
Deferred revenue   152,732
Capital lease liability - current portion 42,829 56,257
Notes payable - current portion 60,800 26,000
Convertible notes payable 567,000 193,200
Total Current Liabilities 2,825,117 2,838,169
LONG-TERM LIABILITIES    
Accrued interest payable 2,121,787 1,684,186
Accrued return on noncontrolling interest 4,963,582 2,907,678
Capital lease liability - long term portion   31,258
Notes payable - long term portion 40,200  
Convertible notes payable - long term   567,000
Mortgage notes payable 5,110,189 5,110,189
Total Long Term Liabilities 12,235,758 10,300,311
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock - $0.001 par value; 50,000,000 shares authorized Series B, convertible; 13,000 shares issued (aggregate liquidation preference of $1,300,000) 13 13
Common stock, $0.001 par value; 500,000,000 shares authorized; 293,683,502 and 285,062,812 issued and outstanding 293,683 285,062
Additional paid-in capital 24,588,022 24,260,628
Accumulated deficit (26,599,007) (26,662,294)
Accumulated other comprehensive loss (56,121) (21,996)
Total Global Clean Energy Holdings, Inc. Stockholders' Deficit (1,773,410) (2,138,587)
Noncontrolling interests 6,194,264 5,099,547
Total equity (deficit) 4,420,854 2,960,960
TOTAL LIABILITIES AND EQUITY (DEFICIT) $ 19,481,729 $ 16,099,440