West African Resources Limited (ASX:WAF)

West African Resources Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	876.3	584.1	391.7	135.08	173.39	183.37
Short-Term Investments	-	-	-	-	-	0.04
Cash & Short-Term Investments	876.3	584.1	391.7	135.08	173.39	183.41
Cash Growth	213.82%	49.12%	189.98%	-22.10%	-5.46%	92.93%
Other Receivables	162.4	129.9	114.6	79.24	40.51	36.21
Receivables	162.4	129.9	114.6	221.65	40.51	36.21
Inventory	298.7	264.9	134.2	103.92	68.03	58.98
Prepaid Expenses	3.3	4.7	3	10.27	2.86	6.29
Restricted Cash	8.8	7.9	5.7	3.27	10.27	1.63
Total Current Assets	1,350	991.5	649.2	474.19	295.06	286.52
Property, Plant & Equipment	1,753	1,724	1,325	746.65	583.11	517.72
Long-Term Deferred Charges	-	-	-	-	0.53	-
Total Assets	3,103	2,716	1,974	1,221	878.71	804.25

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	147	74.3	68.9	46.25	23.85	21.57
Accrued Expenses	93.7	102.1	41.5	36.36	28.56	21.58
Short-Term Debt	-	-	-	-	-	61.92
Current Portion of Long-Term Debt	112.1	103.8	23.8	14.1	14.11	0.21
Current Portion of Leases	11	6.1	6.5	1.97	6.62	5.59
Current Income Taxes Payable	219.7	131.7	54.3	29.97	14.44	85.42
Other Current Liabilities	100.8	72.9	-	-	-	1.01
Total Current Liabilities	684.3	490.9	195	128.65	87.58	197.3
Long-Term Debt	276	334.4	382.7	133.08	-	12.9
Long-Term Leases	12.1	8.8	13	-	1.45	7.1
Pension & Post-Retirement Benefits	4.3	3.2	3	2.14	-	-
Long-Term Deferred Tax Liabilities	85.9	70	36.6	36.09	34.73	19.97
Other Long-Term Liabilities	45.7	50.1	30.1	15.06	14.38	12.58
Total Liabilities	1,108	957.4	660.4	315.01	138.14	249.84

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	480.4	480.4	480.4	335.86	335.63	335.33
Retained Earnings	1,499	1,140	716.6	494.67	349.08	185.54
Comprehensive Income & Other	-21.2	99.2	50	30.67	15.79	4.17
Total Common Equity	1,959	1,720	1,247	861.2	700.5	525.05
Minority Interest	36.1	38.2	66.9	44.63	40.07	29.36
Shareholders' Equity	1,995	1,758	1,314	905.83	740.57	554.41
Total Liabilities & Equity	3,103	2,716	1,974	1,221	878.71	804.25

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	411.2	453.1	426	149.15	22.18	87.72
Net Cash (Debt)	465.1	131	-34.3	-14.07	151.21	95.69
Net Cash Growth	-	-	-	-	58.02%	-
Net Cash Per Share	0.40	0.11	-0.03	-0.01	0.15	0.10
Filing Date Shares Outstanding	1,144	1,142	1,140	1,027	1,024	1,021
Total Common Shares Outstanding	1,144	1,142	1,140	1,026	1,023	1,021
Working Capital	665.2	500.6	454.2	345.54	207.49	89.23
Book Value Per Share	1.71	1.51	1.09	0.84	0.68	0.51
Tangible Book Value	1,959	1,720	1,247	861.2	700.5	525.05
Tangible Book Value Per Share	1.71	1.51	1.09	0.84	0.68	0.51
Land	71.8	76.6	36.9	35.72	34.73	33.39
Machinery	931.5	992	296	270.78	243.28	239.08
Construction In Progress	155.6	47.9	38.3	30.96	32.59	1.24

Data Source: S&P Global Market Intelligence Last updated: Sep 9, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 16, 2026

Data Sources Report a data error