Silver Elephant Mining Balance Sheet

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.24	0.27	2.21	1.5	1.04	1.38
Cash & Short-Term Investments	0.24	0.27	2.21	1.5	1.04	1.38
Cash Growth	-80.62%	-87.70%	46.79%	45.23%	-24.83%	-81.88%
Other Receivables	0.01	0.05	0.08	0.44	0.23	0.08
Receivables	0.01	0.05	0.08	0.44	0.23	0.08
Prepaid Expenses	0.07	0.06	0.28	0.41	0.37	0.1
Restricted Cash	-	-	-	-	-	6.72
Other Current Assets	-	0.01	-	-	-	-
Total Current Assets	0.31	0.39	2.58	2.36	1.64	8.28
Property, Plant & Equipment	22.81	21.99	46.57	70.07	86.41	53.71
Long-Term Investments	0.14	0.55	1.53	-	-	-
Other Long-Term Assets	0.03	0.19	0.06	0.14	0.09	0.06
Total Assets	23.3	23.12	50.74	72.58	88.14	62.05
Accounts Payable	2.46	2.52	3.67	3.81	3.43	2.83
Accrued Expenses	0.1	-	-	-	0.04	-
Current Portion of Long-Term Debt	-	-	3.99	4.27	0.34	-
Current Portion of Leases	0.02	0.02	0.02	0.02	-	-
Current Unearned Revenue	-	-	-	-	-	0.14
Other Current Liabilities	29.38	28.68	27.68	0.62	-	6.35
Total Current Liabilities	31.95	31.22	35.36	8.72	3.82	9.32
Long-Term Debt	-	-	-	-	3.71	-
Long-Term Leases	0.03	0.04	0.01	0.03	-	-
Other Long-Term Liabilities	1.6	1.75	4.52	2.02	2.04	2.04
Total Liabilities	33.58	33.01	39.89	10.77	9.57	11.36
Common Stock	222.01	221.21	219.57	219.32	216.96	214.79
Retained Earnings	-262.53	-258.79	-250.57	-220.38	-198.9	-191.94
Comprehensive Income & Other	30.25	27.97	28.47	29.42	12.07	26.34
Total Common Equity	-10.28	-9.61	-2.53	28.37	30.13	49.19
Minority Interest	-	-0.28	13.38	33.44	48.44	1.5
Shareholders' Equity	-10.28	-9.89	10.85	61.81	78.57	50.69
Total Liabilities & Equity	23.3	23.12	50.74	72.58	88.14	62.05
Total Debt	0.05	0.05	4.02	4.32	4.05	-
Net Cash (Debt)	0.19	0.22	-1.81	-2.82	-3.02	1.38
Net Cash Growth	-84.12%	-	-	-	-	-81.83%
Net Cash Per Share	0.00	0.01	-0.06	-0.11	-0.12	0.07
Filing Date Shares Outstanding	51.79	45.67	34.25	32.2	29.42	24.32
Total Common Shares Outstanding	48.65	41.44	32.84	32.08	29.42	24.12
Working Capital	-31.64	-30.83	-32.78	-6.36	-2.18	-1.04
Book Value Per Share	-0.21	-0.23	-0.08	0.88	1.02	2.04
Tangible Book Value	-10.28	-9.61	-2.53	28.37	30.13	49.19
Tangible Book Value Per Share	-0.21	-0.23	-0.08	0.88	1.02	2.04
Land	-	-	3.63	4.04	3.72	-
Buildings	-	-	0.71	0.71	0.66	-
Machinery	-	0.56	1.09	1.11	1.26	0.66

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