Hillgrove Resources 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	20.95	3.26	10.24	5.31	10.74
Cash & Short-Term Investments	20.95	3.26	10.24	5.31	10.74
Cash Growth	542.73%	-68.16%	93.03%	-50.59%	91.70%
Accounts Receivable	6.62	1.49	-	-	-
Other Receivables	2.36	2.02	1.08	0.42	0.52
Receivables	8.98	3.5	1.08	0.42	0.52
Inventory	7.52	7.33	3.14	0.41	0.1
Prepaid Expenses	0.23	0.21	0.38	0.48	0.4
Total Current Assets	37.68	14.31	14.84	6.62	11.76
Property, Plant & Equipment	112.56	93.08	86.22	44.82	37.72
Other Long-Term Assets	-	-	-	1.46	1.82
Total Assets	150.24	107.39	101.06	52.9	51.29
Accounts Payable	12.06	17.2	7.58	0.13	0.57
Accrued Expenses	4.84	3.38	1.59	0.66	1.5
Current Portion of Leases	2.05	4.34	4.31	-	-
Other Current Liabilities	17.35	12.68	10.2	1.34	1.97
Total Current Liabilities	36.31	37.61	23.69	2.13	4.04
Long-Term Leases	2.54	4.34	7.51	-	-
Long-Term Unearned Revenue	7.42	6.61	2	2	-
Other Long-Term Liabilities	7.95	8.33	12.99	16.2	9.31
Total Liabilities	54.22	56.89	46.18	20.33	13.35
Common Stock	346.81	302.71	292.95	256.09	256.12
Retained Earnings	-255.66	-262.26	-247.16	-230.83	-224.86
Comprehensive Income & Other	4.88	10.05	9.08	7.31	6.68
Shareholders' Equity	96.03	50.49	54.88	32.57	37.94
Total Liabilities & Equity	150.24	107.39	101.06	52.9	51.29
Total Debt	4.59	8.69	11.82	-	-
Net Cash (Debt)	16.36	-5.43	-1.58	5.31	10.74
Net Cash Growth	-	-	-	-50.59%	91.70%
Net Cash Per Share	0.01	-0.00	-0.00	0.00	0.01
Filing Date Shares Outstanding	3,414	2,096	1,912	1,174	1,174
Total Common Shares Outstanding	3,414	2,096	1,912	1,174	1,168
Working Capital	1.38	-23.3	-8.85	4.49	7.72
Book Value Per Share	0.03	0.02	0.03	0.03	0.03
Tangible Book Value	96.03	50.49	54.88	32.57	37.94
Tangible Book Value Per Share	0.03	0.02	0.03	0.03	0.03
Land	5.84	5.84	5.84	5.28	5.28
Machinery	96.42	88.1	83.09	74.03	74
Construction In Progress	0.85	0.19	-	-	-

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