Sherritt International Balance Sheet

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

Millions CAD. 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	120.2	145.7	119.1	123.9	145.6	167.4
Cash & Short-Term Investments	120.2	145.7	119.1	123.9	145.6	167.4
Cash Growth	-19.11%	22.33%	-3.87%	-14.90%	-13.02%	0.78%
Receivables	72.8	152.5	152	187.3	191.5	141.1
Inventory	49.4	43.3	39.8	37.7	30.3	27
Prepaid Expenses	13.9	9.4	7.8	5.1	4	3.7
Restricted Cash	0.3	1.4	1.4	1.4	1.3	5.3
Other Current Assets	5.8	32.5	78.9	73.9	17.3	36.8
Total Current Assets	262.4	384.8	399	429.3	390	381.3
Property, Plant & Equipment	151.7	152.1	159.2	148.6	150.9	166.4
Long-Term Investments	585.3	665.4	646.7	756	642.4	597.4
Other Intangible Assets	6.6	7.1	14.5	13.8	24.3	37.5
Long-Term Accounts Receivable	-	0.8	1	1.9	2.8	3.7
Long-Term Deferred Tax Assets	1.1	1.1	0.4	-	-	-
Other Long-Term Assets	211.6	171.5	169.8	206	187.6	165.9
Total Assets	1,219	1,383	1,391	1,556	1,398	1,352
Accounts Payable	137.5	172.5	169.2	209.7	196	135
Short-Term Debt	-	-	-	46.5	-	8
Current Portion of Long-Term Debt	67.3	67.2	56.8	-	-	-
Current Portion of Leases	1.8	2.8	-	-	-	-
Current Income Taxes Payable	1.5	1.7	2.2	1	0.9	12.3
Current Unearned Revenue	23	11.9	12.2	12.9	14.4	7.5
Other Current Liabilities	6.8	36.9	46.9	97.5	10.6	6.7
Total Current Liabilities	237.9	293	287.3	367.6	221.9	169.5
Long-Term Debt	248.9	305.3	298.8	304.4	444.5	433.4
Long-Term Leases	7.6	8.8	11	-	-	15.7
Long-Term Deferred Tax Liabilities	0.9	0.9	0.6	0.4	1.6	1.4
Other Long-Term Liabilities	187.8	177.4	179.3	188.3	145	125.4
Total Liabilities	683.1	785.4	777	860.7	813	745.4
Common Stock	2,909	2,895	2,895	2,895	2,895	2,895
Retained Earnings	-3,022	-2,972	-2,900	-2,835	-2,899	-2,880
Comprehensive Income & Other	649.1	674.9	618.3	635	588.6	592
Shareholders' Equity	535.6	597.4	613.6	694.9	585	606.8
Total Liabilities & Equity	1,219	1,383	1,391	1,556	1,398	1,352
Total Debt	325.6	384.1	366.6	350.9	444.5	457.1
Net Cash (Debt)	-205.4	-238.4	-247.5	-227	-298.9	-289.7
Net Cash Per Share	-0.47	-0.60	-0.62	-0.57	-0.75	-0.73
Filing Date Shares Outstanding	496.29	397.29	397.29	397.29	397.29	397.28
Total Common Shares Outstanding	496.29	397.29	397.29	397.29	397.29	397.28
Working Capital	24.5	91.8	111.7	61.7	168.1	211.8
Book Value Per Share	1.08	1.50	1.54	1.75	1.47	1.53
Tangible Book Value	529	590.3	599.1	681.1	560.7	569.3
Tangible Book Value Per Share	1.07	1.49	1.51	1.71	1.41	1.43
Machinery	-	651.3	622.8	608.2	584	679

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