Québec Nickel Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Year Ending	TTM	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Cash & Equivalents	-	-	-	1.91	2.07	1.5
Cash & Short-Term Investments	-	-	-	1.91	2.07	1.5
Cash Growth	-	-	-	-7.52%	37.42%	79.40%
Accounts Receivable	7.04	4.85	4.6	4.8	3.97	3.19
Other Receivables	0.06	0.06	0.04	-	-	-
Receivables	7.37	5.19	4.65	4.81	3.98	3.19
Inventory	4.64	3.94	4.01	3.09	1.68	1.74
Prepaid Expenses	0.18	0.16	0.16	0.33	0.29	0.25
Other Current Assets	-	-	0	-	-	-
Total Current Assets	12.2	9.29	8.81	10.14	8.02	6.68
Property, Plant & Equipment	4.83	4.81	5.61	5.48	3.46	3.9
Goodwill	-	-	0.19	0.85	-	-
Other Intangible Assets	0.87	0.89	1.24	1.29	0.29	0.41
Total Assets	17.9	14.98	16.13	18.05	12.05	11.28
Accounts Payable	3.45	1.4	1.4	1.55	0.87	0.43
Accrued Expenses	-	0.87	0.67	1.06	0.81	0.98
Short-Term Debt	2.39	1.88	1.1	-	-	-
Current Portion of Long-Term Debt	0.61	0.56	4.98	4.45	1.27	0.79
Current Portion of Leases	1.11	1.13	-	-	-	-
Current Unearned Revenue	0.7	0.41	1.55	0.87	0.25	0.08
Other Current Liabilities	0	-	0	0.17	-	-
Total Current Liabilities	8.26	6.24	9.69	8.1	3.2	2.28
Long-Term Debt	5.73	5.84	6.26	7.37	6.17	7.11
Long-Term Leases	1.62	1.72	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.34	0.17	0.18
Other Long-Term Liabilities	0.27	0.29	0.36	0.47	0.53	0.58
Total Liabilities	15.88	14.09	16.31	16.28	10.08	10.15
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	2.16	2.16	2.16	2.16	2.16	2.16
Retained Earnings	-0.14	-1.27	-2.34	-0.39	-0.19	-1.04
Total Common Equity	2.02	0.89	-0.18	1.77	1.97	1.12
Shareholders' Equity	2.02	0.89	-0.18	1.77	1.97	1.12
Total Liabilities & Equity	17.9	14.98	16.13	18.05	12.05	11.28
Total Debt	11.45	11.13	12.33	11.82	7.44	7.9
Net Cash (Debt)	-11.45	-11.13	-12.33	-9.91	-5.38	-6.39
Net Cash Per Share	-0.89	-0.86	-0.95	-0.77	-0.42	-0.49
Filing Date Shares Outstanding	12.93	12.93	12.93	12.93	12.93	12.93
Total Common Shares Outstanding	12.93	12.93	12.93	12.93	12.93	12.93
Working Capital	3.94	3.05	-0.89	2.04	4.81	4.4
Book Value Per Share	0.16	0.07	-0.01	0.14	0.15	0.09
Tangible Book Value	1.15	0	-1.61	-0.38	1.68	0.72
Tangible Book Value Per Share	0.09	0.00	-0.12	-0.03	0.13	0.06
Land	0.12	0.12	0.12	0.12	0.12	0.12
Buildings	1.01	3.93	3.93	1.44	1.01	1.01
Machinery	12.67	12.31	12.23	9.63	9.51	9.16
Leasehold Improvements	2.38	2.35	2.31	1.85	1.62	1.62

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