Horizon Minerals Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	15.7	4.29	5.62	5.41	11.32
Short-Term Investments	0.06	0.04	0.02	0.02	0.02
Cash & Short-Term Investments	15.76	4.33	5.64	5.42	11.33
Cash Growth	263.61%	-23.18%	4.00%	-52.14%	91.67%
Accounts Receivable	2.26	0.08	0.37	0.09	0.06
Other Receivables	0.22	0.31	0.07	0	0
Receivables	2.48	0.39	0.44	0.09	0.07
Inventory	14.01	-	-	-	-
Prepaid Expenses	0.5	0.15	0.08	0.35	0.17
Other Current Assets	-	-	-	0.8	0.85
Total Current Assets	32.75	4.88	6.16	6.67	12.42
Property, Plant & Equipment	156.31	47.82	30.15	29.88	49.54
Long-Term Investments	2.12	5.95	8.17	9.66	4.24
Other Long-Term Assets	3.83	0.28	0.26	0.26	0.26
Total Assets	195.01	58.93	44.74	46.48	66.45
Accounts Payable	11.24	1.07	0.32	4.36	0.38
Accrued Expenses	8.24	1.32	0.38	0.45	0.48
Short-Term Debt	5.54	6.52	5.75	-	-
Current Portion of Long-Term Debt	2.24	1.68	1.18	-	-
Current Portion of Leases	0.13	0.03	0.04	0.05	0.05
Current Unearned Revenue	1.03	-	-	-	-
Total Current Liabilities	28.42	10.62	7.66	4.86	0.91
Long-Term Leases	0.2	-	-	0.04	0.09
Pension & Post-Retirement Benefits	0.17	0.2	0.18	0.12	-
Other Long-Term Liabilities	82.14	1.84	1.6	1.45	1.39
Total Liabilities	110.94	12.66	9.44	6.48	2.38
Common Stock	141.62	80.56	66.21	70.09	66.43
Retained Earnings	-58.22	-34.38	-30.92	-30.93	-3.1
Comprehensive Income & Other	0.68	0.09	-	0.84	0.75
Shareholders' Equity	84.07	46.27	35.29	40	64.07
Total Liabilities & Equity	195.01	58.93	44.74	46.48	66.45
Total Debt	8.11	8.23	6.97	0.09	0.13
Net Cash (Debt)	7.65	-3.89	-1.32	5.34	11.2
Net Cash Growth	-	-	-	-52.34%	647.91%
Net Cash Per Share	0.07	-0.08	-0.03	0.14	0.31
Filing Date Shares Outstanding	197.59	74.57	46.47	41.43	37.87
Total Common Shares Outstanding	164.4	74.57	46.47	40.83	37.87
Working Capital	4.33	-5.74	-1.5	1.81	11.52
Book Value Per Share	0.51	0.62	0.76	0.98	1.69
Tangible Book Value	84.07	46.27	35.29	40	64.07
Tangible Book Value Per Share	0.51	0.62	0.76	0.98	1.69
Machinery	59.36	6.3	5.4	5.13	4.68

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