Serabi Gold Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	49.22	22.18	11.55	7.2	12.22
Cash & Short-Term Investments	49.22	22.18	11.55	7.2	12.22
Cash Growth	121.89%	92.03%	60.53%	-41.10%	85.02%
Accounts Receivable	11.29	2.18	2.48	5.23	2.26
Other Receivables	-	1.47	0.82	0.54	0.53
Receivables	11.29	3.66	3.3	5.78	2.79
Inventory	16.18	13.12	12.8	8.71	6.97
Prepaid Expenses	3.26	0.75	1.46	0.87	1
Other Current Assets	-	0.35	0.54	0.22	0.83
Total Current Assets	79.96	40.05	29.64	22.77	23.82
Property, Plant & Equipment	109.08	57.88	58.66	53.86	30.18
Other Intangible Assets	-	18.84	20.5	18.62	34.86
Long-Term Deferred Tax Assets	1.25	1.88	1.79	1.55	1.22
Other Long-Term Assets	9.08	6.25	4.65	3.45	0.61
Total Assets	199.37	124.9	115.25	100.24	90.68
Accounts Payable	16.49	3.95	3.59	2.7	3.2
Accrued Expenses	0.94	1.34	1.43	1.02	1
Short-Term Debt	6	5.59	5.71	5	-
Current Portion of Leases	-	0.25	0.69	1.11	0.29
Current Income Taxes Payable	-	3.72	3	1.46	0.88
Other Current Liabilities	-	1.11	1.26	1.11	0.95
Total Current Liabilities	23.43	15.96	15.68	12.4	6.31
Long-Term Debt	1.14	-	-	-	-
Long-Term Leases	-	0.11	0.15	0.84	0.44
Long-Term Deferred Tax Liabilities	-	-	-	0.48	0.86
Other Long-Term Liabilities	5.07	4.65	6.62	4.99	3.17
Total Liabilities	29.64	20.72	22.45	18.71	10.79
Common Stock	11.21	11.21	11.21	11.21	11.21
Additional Paid-In Capital	36.16	36.16	36.16	36.16	36.16
Retained Earnings	165.23	134.69	106.66	84.64	99.73
Comprehensive Income & Other	-42.88	-77.88	-61.24	-50.49	-67.21
Shareholders' Equity	169.72	104.18	92.79	81.52	79.89
Total Liabilities & Equity	199.37	124.9	115.25	100.24	90.68
Total Debt	7.14	5.95	6.55	6.95	0.74
Net Cash (Debt)	42.08	16.23	5	0.25	11.48
Net Cash Growth	159.27%	224.71%	1916.48%	-97.84%	-
Net Cash Per Share	0.56	0.21	0.07	0.00	0.15
Filing Date Shares Outstanding	75.74	75.73	75.73	75.73	75.73
Total Common Shares Outstanding	75.74	75.73	75.73	75.73	75.73
Working Capital	56.52	24.1	13.97	10.36	17.5
Book Value Per Share	2.24	1.38	1.23	1.08	1.05
Tangible Book Value	169.72	85.34	72.29	62.9	45.03
Tangible Book Value Per Share	2.24	1.13	0.95	0.83	0.59
Land	-	3.41	5.74	2.59	2.04
Machinery	-	17.52	18.2	18.1	14.58
Construction In Progress	-	1.04	7.14	11.11	12.92

Source: S&P Global Market Intelligence. Standard template. Financial Sources.