Lundin Mining 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	296.2	357.5	268.79	191.39	594.07
Short-Term Investments	8.1	50.1	-	-	-
Cash & Short-Term Investments	304.3	407.6	268.79	191.39	594.07
Cash Growth	-25.34%	51.64%	40.45%	-67.78%	319.99%
Accounts Receivable	673.6	347.8	643.72	430.73	507.7
Other Receivables	156	134.9	170.79	164.08	154.65
Receivables	829.6	482.7	814.51	594.81	662.34
Inventory	587.6	607.4	599.41	296.71	227.38
Prepaid Expenses	22.3	42.6	48.9	53.77	25.97
Other Current Assets	292.5	1,397	59.54	82.09	16.82
Total Current Assets	2,036	2,937	1,791	1,219	1,527
Property, Plant & Equipment	7,009	6,209	7,679	5,955	5,051
Long-Term Investments	42.8	-	14.27	-	15.08
Goodwill	134.3	134.3	240.62	237.29	243.01
Other Intangible Assets	27.1	35.5	46.55	20.98	-
Long-Term Deferred Tax Assets	719.6	191.3	170.2	3.84	12.05
Other Long-Term Assets	851.2	899.7	919.8	737.22	789.29
Total Assets	10,821	10,407	10,861	8,173	7,637
Accounts Payable	363	297.7	393.83	315.95	199.55
Accrued Expenses	88.6	93.3	138.29	104.37	87.95
Current Portion of Long-Term Debt	180.8	344.6	212.65	170.15	5.13
Current Portion of Leases	45.6	50.6	-	-	9.49
Current Income Taxes Payable	75.7	128.3	62.93	45	226.29
Current Unearned Revenue	56.3	60.6	87.87	74.06	76.2
Other Current Liabilities	430.5	736.6	314.48	240.62	182.93
Total Current Liabilities	1,241	1,712	1,210	950.15	787.54
Long-Term Debt	56.3	1,412	995.95	0.01	-
Long-Term Leases	166.9	198.6	277.21	27.17	16.39
Long-Term Unearned Revenue	404.2	447.1	535.36	580.05	617.27
Pension & Post-Retirement Benefits	-	-	6.75	5.61	8.15
Long-Term Deferred Tax Liabilities	611.6	643.8	751.69	709.6	738.92
Other Long-Term Liabilities	395	477.4	666.08	475.1	475.91
Total Liabilities	2,875	4,891	4,443	2,748	2,644
Common Stock	5,317	4,586	4,575	4,555	4,200
Additional Paid-In Capital	56.3	51.3	55.2	55.77	58.17
Retained Earnings	1,270	161.1	627.9	592.43	437.16
Comprehensive Income & Other	-23.2	-375.8	-296.62	-342.29	-249.93
Total Common Equity	6,620	4,422	4,961	4,861	4,445
Minority Interest	1,326	1,094	1,457	564.09	547.58
Shareholders' Equity	7,946	5,516	6,418	5,425	4,993
Total Liabilities & Equity	10,821	10,407	10,861	8,173	7,637
Total Debt	449.6	2,006	1,486	197.33	31
Net Cash (Debt)	-102.5	-1,599	-1,203	-5.94	563.07
Net Cash Per Share	-0.12	-2.06	-1.56	-0.01	0.76
Filing Date Shares Outstanding	854.53	867.78	774.12	770.99	735.84
Total Common Shares Outstanding	854.35	774.1	773.69	770.75	734.99
Working Capital	795.8	1,225	581.12	268.62	739.04
Book Value Per Share	7.75	5.71	6.41	6.31	6.05
Tangible Book Value	6,458	4,252	4,674	4,603	4,202
Tangible Book Value Per Share	7.56	5.49	6.04	5.97	5.72
Machinery	3,776	4,408	5,308	3,752	3,456
Construction In Progress	428.5	251.6	330.26	236.06	342.59

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