B2Gold Balance Sheet

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

Millions USD. 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	380.42	336.97	306.9	651.95	673
Short-Term Investments	4.87	11.57	-	-	-
Cash & Short-Term Investments	385.29	348.54	306.9	651.95	673
Cash Growth	10.55%	13.57%	-52.93%	-3.13%	40.30%
Other Receivables	80.33	54.54	37.69	29.32	63.8
Receivables	80.33	54.54	37.69	29.32	63.8
Inventory	627.23	477.59	346.5	332.03	272.35
Prepaid Expenses	26.73	9.16	8.64	4.06	4.15
Other Current Assets	10.1	11.97	11.01	17.81	32.81
Total Current Assets	1,130	901.79	710.73	1,035	1,046
Property, Plant & Equipment	3,760	3,291	3,563	2,275	2,232
Long-Term Investments	384.25	168.13	220.1	151.91	136.35
Long-Term Deferred Tax Assets	76.44	-	16.93	-	1.46
Long-Term Deferred Charges	-	-	-	6.71	8.96
Other Long-Term Assets	528.62	452.64	357.61	207.61	136.58
Total Assets	5,879	4,814	4,875	3,681	3,561
Accounts Payable	174.8	156.35	167.12	114.79	111.72
Current Portion of Long-Term Debt	13.8	16.42	16.26	15.52	25.41
Current Portion of Leases	20.07	-	-	-	-
Current Income Taxes Payable	267.07	103.56	120.68	95.62	92.28
Current Unearned Revenue	285.46	272.78	-	-	-
Other Current Liabilities	300.05	31.58	9.42	7.68	1.79
Total Current Liabilities	1,061	580.69	313.47	233.62	231.19
Long-Term Debt	532.3	421.46	147.03	41.71	20.87
Long-Term Leases	32.14	-	28.84	-	28.86
Long-Term Unearned Revenue	-	265.33	-	-	-
Pension & Post-Retirement Benefits	25.1	18.41	19.17	8.12	7.12
Long-Term Deferred Tax Liabilities	151.34	169.74	188.11	182.52	187.89
Other Long-Term Liabilities	435.66	322.67	268.03	103.48	124.37
Total Liabilities	2,238	1,778	964.64	569.44	600.29
Common Stock	3,607	3,510	3,455	2,488	2,422
Additional Paid-In Capital	151.22	91.18	84.97	78.23	67.03
Retained Earnings	-220.61	-515.62	395.85	588.14	507.38
Comprehensive Income & Other	55.96	-102.77	-125.26	-145.87	-136.3
Total Common Equity	3,594	2,983	3,810	3,008	2,860
Minority Interest	47.95	52.63	99.6	103.66	100.71
Shareholders' Equity	3,642	3,036	3,910	3,112	2,961
Total Liabilities & Equity	5,879	4,814	4,875	3,681	3,561
Total Debt	598.31	437.88	192.13	57.23	75.13
Net Cash (Debt)	-213.02	-89.35	114.77	594.72	597.87
Net Cash Growth	-	-	-80.70%	-0.53%	61.73%
Net Cash Per Share	-0.14	-0.07	0.09	0.56	0.56
Filing Date Shares Outstanding	1,337	1,318	1,303	1,075	1,056
Total Common Shares Outstanding	1,341	1,318	1,302	1,075	1,056
Working Capital	68.42	321.1	397.26	801.56	814.93
Book Value Per Share	2.68	2.26	2.93	2.80	2.71
Tangible Book Value	3,594	2,983	3,810	3,008	2,860
Tangible Book Value Per Share	2.68	2.26	2.93	2.80	2.71

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