Vulcan Steel Balance Sheet

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

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	28.58	17.37	24.11	20.32	24.03	10.16
Cash & Short-Term Investments	28.58	17.37	24.11	20.32	24.03	10.16
Cash Growth	218.82%	-27.95%	18.67%	-15.46%	136.47%	-28.41%
Accounts Receivable	146.71	129.14	143.38	169.35	157.05	128.13
Other Receivables	5.95	3.04	3.7	2.9	-	-
Receivables	152.66	132.19	147.08	172.25	157.05	128.13
Inventory	375.22	333.89	360.65	437.75	353.24	191.53
Prepaid Expenses	-	1.63	1.45	1.31	0.19	0.01
Other Current Assets	-	-	-	1.71	5.04	1.23
Total Current Assets	556.46	485.08	533.29	633.34	539.56	331.06
Property, Plant & Equipment	452.28	350.67	350.43	347.21	236.87	230.83
Long-Term Investments	7.58	-	-	-	-	-
Goodwill	-	11.94	12.01	11.99	11.76	11.63
Other Intangible Assets	49.78	0.14	1.39	3.03	1.02	1.68
Long-Term Deferred Tax Assets	10.59	10.84	9.31	8.64	6.17	7.26
Total Assets	1,077	858.66	906.43	1,004	795.38	582.45
Accounts Payable	195.93	125.87	123.45	142.76	150.09	124
Accrued Expenses	-	17.39	20.65	24.11	17.06	15.89
Current Portion of Leases	34.33	29.37	25.24	22.67	14	13.08
Current Income Taxes Payable	-	-	-	1.69	29.72	13.76
Other Current Liabilities	0.86	0.71	0.07	-	-	-
Total Current Liabilities	231.12	173.34	169.4	191.23	210.87	166.73
Long-Term Debt	231.47	249.75	299.9	360	210.97	80
Long-Term Leases	325.4	265.92	265.07	267.07	188.28	181.6
Total Liabilities	787.98	689.01	734.38	818.29	610.12	428.34
Common Stock	105.81	11.99	11.99	11.99	11.99	11.99
Retained Earnings	151.61	157	156.33	172.19	165.78	145.93
Comprehensive Income & Other	22.73	0.67	3.74	1.74	7.5	-3.8
Total Common Equity	280.15	169.65	172.06	185.92	185.27	154.12
Minority Interest	8.57	-	-	-	-	-
Shareholders' Equity	288.71	169.65	172.06	185.92	185.27	154.12
Total Liabilities & Equity	1,077	858.66	906.43	1,004	795.38	582.45
Total Debt	591.19	545.04	590.21	649.73	413.25	274.68
Net Cash (Debt)	-562.61	-527.67	-566.1	-629.41	-389.22	-264.52
Net Cash Per Share	-4.11	-4.01	-4.31	-4.79	-2.96	-2.01
Filing Date Shares Outstanding	146.53	131.79	131.41	131.41	131.41	131.41
Total Common Shares Outstanding	146.53	131.79	131.41	131.41	131.41	131.41
Working Capital	325.34	311.73	363.89	442.11	328.69	164.33
Book Value Per Share	1.91	1.29	1.31	1.41	1.41	1.17
Tangible Book Value	230.36	157.58	158.65	170.9	172.48	140.82
Tangible Book Value Per Share	1.57	1.20	1.21	1.30	1.31	1.07
Land	-	0.86	3.03	4.76	4.25	4.16
Machinery	-	236.31	219.59	196.96	129.19	120.6
Construction In Progress	-	3.48	5.61	3.1	4.4	1.04

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.