First Andes Silver Balance Sheet

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

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	0.83	0.93	0.01	0.34	4.58	0.25
Cash & Short-Term Investments	0.83	0.93	0.01	0.34	4.58	0.25
Cash Growth	208.75%	8686.91%	-96.88%	-92.60%	1757.30%	-
Accounts Receivable	-	-	0.02	0.04	-	-
Other Receivables	0	-	-	-	0.05	-
Receivables	0	-	0.02	0.04	0.05	-
Prepaid Expenses	0.03	0.02	0.01	0.06	0.04	-
Restricted Cash	-	-	-	-	-	7.93
Other Current Assets	-	-	-	-	-	0.46
Total Current Assets	0.87	0.95	0.04	0.45	4.67	8.63
Property, Plant & Equipment	4.49	3.61	2.87	8.68	5.59	1.74
Total Assets	5.36	4.56	2.91	9.13	10.27	10.37
Accounts Payable	0.34	0.88	0.79	0.28	0.23	0.03
Short-Term Debt	-	-	0.19	0.07	-	-
Current Income Taxes Payable	-	-	-	0.09	-	-
Other Current Liabilities	0.19	-	-	-	0.09	8.33
Total Current Liabilities	0.52	0.88	0.99	0.44	0.33	8.36
Other Long-Term Liabilities	-	-	-	0.39	-	-
Total Liabilities	0.52	0.88	0.99	0.83	0.33	8.36
Common Stock	15.39	14.17	12.09	11.77	11.69	1.66
Retained Earnings	-14.42	-14.18	-13.7	-8.04	-4.97	-0.18
Comprehensive Income & Other	3.87	3.7	3.53	3.36	3.21	0.53
Total Common Equity	4.84	3.68	1.92	7.08	9.94	2.01
Minority Interest	-	-	-	1.21	-	-
Shareholders' Equity	4.84	3.68	1.92	8.3	9.94	2.01
Total Liabilities & Equity	5.36	4.56	2.91	9.13	10.27	10.37
Total Debt	-	-	0.19	0.07	-	-
Net Cash (Debt)	0.83	0.93	-0.18	0.27	4.58	0.25
Net Cash Growth	208.75%	-	-	-94.19%	1757.30%	-
Net Cash Per Share	0.02	0.03	-0.03	0.04	0.74	-
Filing Date Shares Outstanding	67.96	54.54	33.18	7.18	6.15	-
Total Common Shares Outstanding	67.96	54.54	7.18	6.25	6.15	-
Working Capital	0.35	0.07	-0.95	0.01	4.35	0.27
Book Value Per Share	0.07	0.07	0.27	1.13	1.62	-
Tangible Book Value	4.84	3.68	1.92	7.08	9.94	2.01
Tangible Book Value Per Share	0.07	0.07	0.27	1.13	1.62	-
Machinery	-	-	-	0.11	0.01	-

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