Metro Mining 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	57.46	31.19	12.07	11.75	13.88
Cash & Short-Term Investments	57.46	31.19	12.07	11.75	13.88
Cash Growth	84.22%	158.43%	2.76%	-15.39%	-45.44%
Accounts Receivable	4.06	5.22	7.2	3.18	15.53
Other Receivables	2.04	2.11	1.73	1.23	1.28
Receivables	6.1	7.34	8.93	4.41	16.81
Inventory	7.66	5.05	3.26	2.53	6.4
Prepaid Expenses	2.9	3.59	3.54	3.37	-
Restricted Cash	5.3	5.3	5.35	0.27	0.27
Other Current Assets	10.18	3.95	2.17	0.51	3.26
Total Current Assets	89.6	56.42	35.31	22.83	40.62
Property, Plant & Equipment	192.49	145.52	111.05	102.85	111.64
Long-Term Investments	22.24	23.02	11.72	-	-
Long-Term Deferred Tax Assets	28.33	-	-	-	-
Other Long-Term Assets	28.72	18.25	10.92	3.85	-
Total Assets	361.37	243.21	169	129.53	152.27
Accounts Payable	12.79	14.46	13.22	15.49	16.28
Accrued Expenses	18.76	19.79	12.26	8.63	19.54
Current Portion of Long-Term Debt	45.6	23.7	33.32	35.59	1.17
Current Portion of Leases	4.6	9.2	12.5	7.91	9.93
Other Current Liabilities	25.1	34.03	18.2	5.92	-
Total Current Liabilities	106.84	101.18	89.49	73.53	46.91
Long-Term Debt	13.29	51.46	46.08	2.54	34.6
Long-Term Leases	26.48	25.74	9.25	13.58	21.67
Other Long-Term Liabilities	27.89	24.23	14.24	20.94	7.09
Total Liabilities	174.5	202.6	159.04	110.59	110.27
Common Stock	282.54	281.76	227.29	227.29	200.96
Retained Earnings	-112.14	-254.47	-232.47	-218.99	-168.87
Comprehensive Income & Other	16.47	13.31	15.14	10.64	9.9
Shareholders' Equity	186.87	40.6	9.95	18.94	41.99
Total Liabilities & Equity	361.37	243.21	169	129.53	152.27
Total Debt	89.97	110.1	101.14	59.61	67.36
Net Cash (Debt)	-32.51	-78.91	-89.07	-47.87	-53.48
Net Cash Per Share	-0.10	-0.29	-0.41	-0.27	-0.52
Filing Date Shares Outstanding	305.54	303.59	218.29	218.19	149.44
Total Common Shares Outstanding	305.54	303.59	218.29	218.19	149.44
Working Capital	-17.24	-44.76	-54.18	-50.7	-6.29
Book Value Per Share	0.61	0.13	0.05	0.09	0.28
Tangible Book Value	186.87	40.6	9.95	18.94	41.99
Tangible Book Value Per Share	0.61	0.13	0.05	0.09	0.28
Machinery	45.92	30.31	10.59	6.59	6.09
Construction In Progress	0.88	8.21	11.04	3.27	1.87

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