Tolu Minerals 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	51.19	16.74	12.62	1.46	1.19
Cash & Short-Term Investments	51.19	16.74	12.62	1.46	1.19
Cash Growth	205.84%	32.67%	763.21%	22.86%	6322.15%
Other Receivables	4.29	2.22	0.26	0.08	0.04
Receivables	4.29	2.22	0.26	0.08	0.04
Prepaid Expenses	0.41	0.49	0.18	-	-
Total Current Assets	55.89	19.45	13.06	1.54	1.23
Property, Plant & Equipment	8.16	0.66	0.09	0.05	0.01
Other Intangible Assets	0.04	0.02	-	-	-
Other Long-Term Assets	63.88	34.41	10.6	8.36	0.2
Total Assets	127.98	54.53	23.76	9.95	1.44
Accounts Payable	3.76	2.81	0.88	0.26	0.13
Accrued Expenses	0.4	0.14	0.03	-	-
Short-Term Debt	-	-	-	-	1.26
Current Portion of Long-Term Debt	0.86	-	0.4	-	-
Current Portion of Leases	0.22	0.16	0.02	0.02	-
Other Current Liabilities	0.91	1.1	0.25	0.22	0.23
Total Current Liabilities	6.14	4.21	1.58	0.5	1.63
Long-Term Debt	5.38	4.82	4.35	4.3	-
Long-Term Leases	0.51	0.12	-	0.02	-
Other Long-Term Liabilities	0.74	0.67	0.61	-	-
Total Liabilities	12.78	9.82	6.54	4.82	1.63
Common Stock	151.76	63.12	27.17	8.34	0.44
Retained Earnings	-31.13	-16.2	-8.58	-3.67	-0.81
Comprehensive Income & Other	-5.44	-2.21	-1.37	0.46	0.18
Shareholders' Equity	115.19	44.71	17.22	5.13	-0.19
Total Liabilities & Equity	127.98	54.53	23.76	9.95	1.44
Total Debt	6.97	5.1	4.77	4.34	1.26
Net Cash (Debt)	44.22	11.64	7.85	-2.88	-0.08
Net Cash Growth	279.82%	48.30%	-	-	-
Net Cash Per Share	0.17	0.07	0.07	-0.04	-0.00
Filing Date Shares Outstanding	259.11	166.91	114.96	77.29	52.94
Total Common Shares Outstanding	259.11	166.91	114.96	77.29	52.94
Working Capital	49.75	15.24	11.48	1.04	-0.4
Book Value Per Share	0.44	0.27	0.15	0.07	-0.00
Tangible Book Value	115.15	44.69	17.22	5.13	-0.19
Tangible Book Value Per Share	0.44	0.27	0.15	0.07	-0.00
Buildings	1.02	0.4	0.06	-	-
Machinery	6.97	0.47	0.08	0.01	0.01
Construction In Progress	0.81	-	-	-	-

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