West African Resources Limited (ASX:WAF)

West African Resources Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	279.24	391.67	135.08	173.39	183.37	95.03
Short-Term Investments	-	-	-	-	0.04	0.04
Cash & Short-Term Investments	279.24	391.67	135.08	173.39	183.41	95.07
Cash Growth	-34.32%	189.95%	-22.10%	-5.46%	92.93%	13.69%
Other Receivables	149.7	114.52	79.24	40.51	36.21	19.69
Receivables	149.7	114.52	221.65	40.51	36.21	19.69
Inventory	162.11	134.18	103.92	68.03	58.98	51.95
Prepaid Expenses	15.29	3.04	10.27	2.86	6.29	2.95
Restricted Cash	6.04	5.83	3.27	10.27	1.63	-
Total Current Assets	612.38	649.23	474.19	295.06	286.52	169.65
Property, Plant & Equipment	1,654	1,325	746.65	583.11	517.72	361.06
Long-Term Deferred Charges	-	-	-	0.53	-	-
Total Assets	2,266	1,974	1,221	878.71	804.25	530.71
Accounts Payable	68.23	68.85	46.25	23.85	21.57	24.42
Accrued Expenses	31.53	41.53	36.36	28.56	21.58	15.37
Short-Term Debt	-	-	-	-	61.92	-
Current Portion of Long-Term Debt	70.24	23.78	14.1	14.11	0.21	132.66
Current Portion of Leases	6.76	6.49	1.97	6.62	5.59	4.58
Current Income Taxes Payable	69.73	54.33	29.97	14.44	85.42	20.82
Current Unearned Revenue	-	-	-	-	-	23.96
Other Current Liabilities	98.35	-	-	-	1.01	0.7
Total Current Liabilities	344.84	194.98	128.65	87.58	197.3	222.5
Long-Term Debt	341.82	382.72	133.08	-	12.9	93.67
Long-Term Leases	12.08	12.99	-	1.45	7.1	11.23
Long-Term Deferred Tax Liabilities	45.71	36.69	36.09	34.73	19.97	21.65
Other Long-Term Liabilities	58.59	30.05	15.06	14.38	12.58	9.41
Total Liabilities	806.24	660.42	315.01	138.14	249.84	358.45
Common Stock	480.37	480.38	335.86	335.63	335.33	165.26
Retained Earnings	860.8	716.64	494.67	349.08	185.54	-3.89
Comprehensive Income & Other	106.39	49.97	30.67	15.79	4.17	3.85
Total Common Equity	1,448	1,247	861.2	700.5	525.05	165.23
Minority Interest	12.65	66.89	44.63	40.07	29.36	7.04
Shareholders' Equity	1,460	1,314	905.83	740.57	554.41	172.27
Total Liabilities & Equity	2,266	1,974	1,221	878.71	804.25	530.71
Total Debt	430.9	425.97	149.15	22.18	87.72	242.14
Net Cash (Debt)	-151.67	-34.3	-14.07	151.21	95.69	-147.07
Net Cash Growth	-	-	-	58.02%	-	-
Net Cash Per Share	-0.13	-0.03	-0.01	0.15	0.10	-0.17
Filing Date Shares Outstanding	1,140	1,140	1,027	1,024	1,021	882.8
Total Common Shares Outstanding	1,140	1,140	1,026	1,023	1,021	878.68
Working Capital	267.55	454.26	345.54	207.49	89.23	-52.85
Book Value Per Share	1.27	1.09	0.84	0.68	0.51	0.19
Tangible Book Value	1,448	1,247	861.2	700.5	525.05	165.23
Tangible Book Value Per Share	1.27	1.09	0.84	0.68	0.51	0.19
Land	39.75	36.87	35.72	34.73	33.39	31.14
Machinery	335.21	295.94	270.78	243.28	239.08	210.15
Construction In Progress	47.4	38.34	30.96	32.59	1.24	11.53

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.