Tolu Minerals Balance Sheet

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	21.56	16.74	12.62
Cash & Short-Term Investments	21.56	16.74	12.62
Cash Growth	85.59%	32.67%	-
Other Receivables	2.76	2.22	0.26
Receivables	2.76	2.22	0.26
Prepaid Expenses	0.35	0.49	0.18
Total Current Assets	24.67	19.45	13.06
Property, Plant & Equipment	0.96	0.65	0.09
Other Intangible Assets	0.03	0.03	-
Other Long-Term Assets	49.26	34.41	10.6
Total Assets	74.92	54.53	23.76
Accounts Payable	3.41	2.81	0.88
Accrued Expenses	0.54	0.14	0.03
Current Portion of Long-Term Debt	-	-	0.4
Current Portion of Leases	0.13	0.16	0.02
Other Current Liabilities	1.13	1.1	0.25
Total Current Liabilities	5.21	4.21	1.58
Long-Term Debt	4.65	4.82	4.35
Long-Term Leases	0.05	0.12	-
Other Long-Term Liabilities	0.71	0.67	0.61
Total Liabilities	10.63	9.82	6.54
Common Stock	90.37	63.12	27.17
Retained Earnings	-22.92	-16.2	-8.58
Comprehensive Income & Other	-3.15	-2.21	-1.37
Shareholders' Equity	64.29	44.71	17.22
Total Liabilities & Equity	74.92	54.53	23.76
Total Debt	4.84	5.1	4.77
Net Cash (Debt)	16.72	11.64	7.85
Net Cash Growth	146.40%	48.30%	-
Net Cash Per Share	0.08	0.07	-
Filing Date Shares Outstanding	201	166.91	-
Total Common Shares Outstanding	201	166.91	-
Working Capital	19.46	15.24	11.48
Book Value Per Share	0.32	0.27	-
Tangible Book Value	64.27	44.68	17.22
Tangible Book Value Per Share	0.32	0.27	-
Buildings	0.37	0.4	0.06
Machinery	0.58	-	0.08

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