29Metals Balance Sheet

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

Millions AUD. 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	102.65	252.35	161.86	171.96	197.47
Short-Term Investments	-	13.8	12.5	12.5	12.68
Cash & Short-Term Investments	102.65	266.15	174.36	184.46	210.15
Cash Growth	-61.43%	52.64%	-5.48%	-12.22%	96.01%
Accounts Receivable	43.89	7.02	18.49	46.2	36.18
Other Receivables	5.8	6.07	9.47	5.31	18.87
Receivables	49.69	13.09	27.96	51.51	55.05
Inventory	99.68	70.25	95.26	99.48	76.12
Prepaid Expenses	9.91	8.42	8.94	9.37	7.47
Other Current Assets	0.15	0.14	0.14	0.14	3.05
Total Current Assets	262.08	358.05	306.66	344.96	351.84
Property, Plant & Equipment	778.09	677.45	668.78	885.23	917.88
Other Intangible Assets	-	0.03	0.08	0.12	0.17
Long-Term Deferred Tax Assets	-	-	-	58.07	39.48
Other Long-Term Assets	1.52	2.54	5.69	4.59	5.81
Total Assets	1,042	1,038	981.21	1,293	1,315
Accounts Payable	30.89	31.88	14.89	60	28.14
Accrued Expenses	78.87	74.39	107.13	95.52	84.25
Short-Term Debt	3.17	68.04	64	-	0.65
Current Portion of Long-Term Debt	42.87	35.1	35.83	33.74	14.81
Current Portion of Leases	27.84	26.58	20.15	19.97	27.73
Other Current Liabilities	22.46	33.51	18.5	14.53	44.5
Total Current Liabilities	206.09	269.5	260.51	223.76	200.07
Long-Term Debt	141.78	158.99	117.38	164.62	186.16
Long-Term Leases	30.97	26.65	33.97	47.15	3.7
Pension & Post-Retirement Benefits	1.01	0.91	1.36	1.12	0.7
Other Long-Term Liabilities	215.78	162.74	145.65	140.64	155.01
Total Liabilities	595.63	618.8	558.86	577.28	545.64
Common Stock	971.96	969.01	795.5	648.46	646.63
Retained Earnings	-529.74	-553.91	-376.3	64.16	121.01
Comprehensive Income & Other	3.84	4.17	3.15	3.06	1.89
Shareholders' Equity	446.06	419.28	422.34	715.69	769.54
Total Liabilities & Equity	1,042	1,038	981.21	1,293	1,315
Total Debt	246.62	315.36	271.33	265.48	233.04
Net Cash (Debt)	-143.97	-49.21	-96.97	-81.01	-22.89
Net Cash Per Share	-0.10	-0.07	-0.18	-0.17	-0.09
Filing Date Shares Outstanding	1,372	1,369	701.32	481.36	480.46
Total Common Shares Outstanding	1,372	1,369	701.32	481.36	480.46
Working Capital	55.99	88.55	46.15	121.2	151.77
Book Value Per Share	0.33	0.31	0.60	1.49	1.60
Tangible Book Value	446.06	419.25	422.27	715.57	769.37
Tangible Book Value Per Share	0.33	0.31	0.60	1.49	1.60
Land	47.9	47.9	46.2	46.17	45.08
Machinery	389.25	356.12	314.37	297.04	249.97
Construction In Progress	96.11	59.18	35.53	21.42	35.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.