West African Resources 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	584.1	391.7	135.08	173.39	183.37
Short-Term Investments	-	-	-	-	0.04
Cash & Short-Term Investments	584.1	391.7	135.08	173.39	183.41
Cash Growth	49.12%	189.98%	-22.10%	-5.46%	92.93%
Other Receivables	129.9	114.6	79.24	40.51	36.21
Receivables	129.9	114.6	221.65	40.51	36.21
Inventory	264.9	134.2	103.92	68.03	58.98
Prepaid Expenses	4.7	3	10.27	2.86	6.29
Restricted Cash	7.9	5.7	3.27	10.27	1.63
Total Current Assets	991.5	649.2	474.19	295.06	286.52
Property, Plant & Equipment	1,724	1,325	746.65	583.11	517.72
Long-Term Deferred Charges	-	-	-	0.53	-
Total Assets	2,716	1,974	1,221	878.71	804.25
Accounts Payable	74.3	68.9	46.25	23.85	21.57
Accrued Expenses	102.1	41.5	36.36	28.56	21.58
Short-Term Debt	-	-	-	-	61.92
Current Portion of Long-Term Debt	103.8	23.8	14.1	14.11	0.21
Current Portion of Leases	6.1	6.5	1.97	6.62	5.59
Current Income Taxes Payable	131.7	54.3	29.97	14.44	85.42
Other Current Liabilities	72.9	-	-	-	1.01
Total Current Liabilities	490.9	195	128.65	87.58	197.3
Long-Term Debt	334.4	382.7	133.08	-	12.9
Long-Term Leases	8.8	13	-	1.45	7.1
Pension & Post-Retirement Benefits	3.2	3	2.14	-	-
Long-Term Deferred Tax Liabilities	70	36.6	36.09	34.73	19.97
Other Long-Term Liabilities	50.1	30.1	15.06	14.38	12.58
Total Liabilities	957.4	660.4	315.01	138.14	249.84
Common Stock	480.4	480.4	335.86	335.63	335.33
Retained Earnings	1,140	716.6	494.67	349.08	185.54
Comprehensive Income & Other	99.2	50	30.67	15.79	4.17
Total Common Equity	1,720	1,247	861.2	700.5	525.05
Minority Interest	38.2	66.9	44.63	40.07	29.36
Shareholders' Equity	1,758	1,314	905.83	740.57	554.41
Total Liabilities & Equity	2,716	1,974	1,221	878.71	804.25
Total Debt	453.1	426	149.15	22.18	87.72
Net Cash (Debt)	131	-34.3	-14.07	151.21	95.69
Net Cash Growth	-	-	-	58.02%	-
Net Cash Per Share	0.11	-0.03	-0.01	0.15	0.10
Filing Date Shares Outstanding	1,142	1,140	1,027	1,024	1,021
Total Common Shares Outstanding	1,142	1,140	1,026	1,023	1,021
Working Capital	500.6	454.2	345.54	207.49	89.23
Book Value Per Share	1.51	1.09	0.84	0.68	0.51
Tangible Book Value	1,720	1,247	861.2	700.5	525.05
Tangible Book Value Per Share	1.51	1.09	0.84	0.68	0.51
Land	76.6	36.9	35.72	34.73	33.39
Machinery	992	296	270.78	243.28	239.08
Construction In Progress	47.9	38.3	30.96	32.59	1.24

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