Torex Gold Resources Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	107.1	110.2	172.8	376	255.7	174.1
Short-Term Investments	-	-	-	-	-	32.1
Cash & Short-Term Investments	107.1	110.2	172.8	376	255.7	206.2
Cash Growth	-6.46%	-36.23%	-54.04%	47.05%	24.01%	27.44%
Accounts Receivable	64.6	14.7	10.1	2.6	3.4	2.1
Other Receivables	56.1	69.8	77.6	43.7	57.4	39.9
Receivables	120.7	84.5	87.7	46.3	60.8	42
Inventory	189.1	150.1	126.6	120.2	123.3	112.2
Prepaid Expenses	16.7	16.9	12.9	11.1	11.3	8.8
Other Current Assets	6.3	2	5.5	8.3	2.8	2.7
Total Current Assets	439.9	363.7	405.5	561.9	453.9	371.9
Property, Plant & Equipment	1,878	1,672	1,249	931.9	836.1	827.3
Long-Term Deferred Tax Assets	150.5	84.5	156.5	90.4	55.4	42.4
Other Long-Term Assets	1.5	19.8	24.8	9.1	13.5	10.8
Total Assets	2,478	2,140	1,836	1,593	1,359	1,252
Accounts Payable	181.1	106.3	101	86.4	121.4	119.9
Accrued Expenses	-	62.1	45.8	44.9	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	1.1
Current Portion of Leases	26.8	29.2	23.9	2.6	2.1	2.2
Current Income Taxes Payable	111.5	143.5	86.9	107.9	70.9	77.9
Other Current Liabilities	-	5	24.1	1.5	-	4.1
Total Current Liabilities	319.4	346.1	281.7	243.3	194.4	205.2
Long-Term Debt	152.4	62.9	-	-	-	39.1
Long-Term Leases	73.2	49.1	8.1	1.3	1.2	2.4
Long-Term Deferred Tax Liabilities	2	-	5.5	11.4	23.3	24.3
Other Long-Term Liabilities	66.3	50.8	45.4	47.2	39.6	35.3
Total Liabilities	613.3	508.9	340.7	303.2	258.5	306.3
Common Stock	1,035	1,033	1,032	1,032	1,031	1,028
Additional Paid-In Capital	24.1	24.2	24.2	24.2	24.3	24.4
Retained Earnings	862.1	630	495.4	291	102.2	-49.5
Comprehensive Income & Other	-56.6	-56.6	-56.6	-56.6	-56.6	-56.6
Shareholders' Equity	1,865	1,631	1,495	1,290	1,100	946.1
Total Liabilities & Equity	2,478	2,140	1,836	1,593	1,359	1,252
Total Debt	252.4	141.2	32	3.9	3.3	44.8
Net Cash (Debt)	-145.3	-31	140.8	372.1	252.4	161.4
Net Cash Growth	-	-	-62.16%	47.42%	56.38%	-
Net Cash Per Share	-1.66	-0.36	1.63	4.32	2.93	1.88
Filing Date Shares Outstanding	96.14	86.16	85.97	85.88	85.81	85.67
Total Common Shares Outstanding	85.97	85.99	85.89	85.84	85.75	85.53
Working Capital	120.5	17.6	123.8	318.6	259.5	166.7
Book Value Per Share	21.69	18.97	17.41	15.03	12.83	11.06
Tangible Book Value	1,865	1,631	1,495	1,290	1,100	946.1
Tangible Book Value Per Share	21.69	18.97	17.41	15.03	12.83	11.06
Construction In Progress	143.3	1,289	758	383.6	228.7	108.5

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