First Majestic Silver 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	793.44	202.18	125.58	151.44	237.93
Short-Term Investments	154.22	48.5	56.1	27.87	15.64
Trading Asset Securities	26.17	1.28	6.28	6.66	10.85
Cash & Short-Term Investments	973.82	251.96	187.96	185.97	264.41
Cash Growth	286.50%	34.05%	1.07%	-29.67%	-3.81%
Accounts Receivable	86.36	12.3	10.1	8.6	7.73
Other Receivables	35.8	33.86	38.59	32.62	46.53
Receivables	122.16	46.17	48.69	41.22	54.26
Inventory	84.75	62.52	63.69	64.76	60.61
Prepaid Expenses	11.96	8.17	8.72	5.62	5.35
Restricted Cash	-	-	-	-	12.57
Other Current Assets	-	-	-	72.73	-
Total Current Assets	1,193	368.82	309.06	370.29	397.21
Property, Plant & Equipment	3,255	1,437	1,432	1,539	1,527
Long-Term Accounts Receivable	5	5	-	-	-
Long-Term Deferred Tax Assets	80.39	46.38	88.73	57.06	74.26
Other Long-Term Assets	161.85	122.54	146.15	143.55	126.53
Total Assets	4,695	1,980	1,976	2,110	2,125
Accounts Payable	57.75	35.4	31.86	40.78	41.83
Accrued Expenses	149.57	67.79	61.09	74.34	66.27
Current Portion of Long-Term Debt	0.49	0.83	0.83	0.55	0.13
Current Portion of Leases	10.79	16.22	17.37	13.83	11.83
Current Income Taxes Payable	239.36	22.79	5.22	18.24	27.98
Current Unearned Revenue	0.59	0.58	2.3	3.38	12.23
Other Current Liabilities	0.59	0.71	1.46	16.28	12.57
Total Current Liabilities	459.14	144.31	120.14	167.4	172.82
Long-Term Debt	291.73	208.66	218.98	209.81	181.11
Long-Term Leases	5.73	11.32	19.33	23.76	28.04
Long-Term Deferred Tax Liabilities	570.96	80.09	79.02	122.47	150.84
Other Long-Term Liabilities	194.39	184.34	180.77	175.28	181.22
Total Liabilities	1,522	628.72	618.24	698.71	714.02
Common Stock	3,079	1,978	1,880	1,781	1,660
Retained Earnings	-561.98	-717.06	-609.88	-468.9	-347.75
Comprehensive Income & Other	243.8	90.03	88.03	98.91	98.94
Total Common Equity	2,761	1,351	1,358	1,411	1,411
Minority Interest	411.96	-	-	-	-
Shareholders' Equity	3,173	1,351	1,358	1,411	1,411
Total Liabilities & Equity	4,695	1,980	1,976	2,110	2,125
Total Debt	308.74	237.02	256.51	247.95	221.09
Net Cash (Debt)	665.08	14.94	-68.55	-61.98	43.32
Net Cash Growth	4350.49%	-	-	-	-57.37%
Net Cash Per Share	1.37	0.05	-0.24	-0.24	0.18
Filing Date Shares Outstanding	493.14	484.09	287.23	274.37	260.18
Total Common Shares Outstanding	491.32	301.86	287.15	272.58	260.05
Working Capital	733.56	224.51	188.92	202.89	224.39
Book Value Per Share	5.62	4.48	4.73	5.18	5.43
Tangible Book Value	2,761	1,351	1,358	1,411	1,411
Tangible Book Value Per Share	5.62	4.48	4.73	5.18	5.43
Land	50.6	10.4	10.4	11.2	11.2
Buildings	316.3	247.41	234.86	226.05	233.76
Machinery	740.73	648.44	641.03	595.01	624.46
Construction In Progress	85.08	43.32	48.74	73.93	90.45

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