Ivanhoe Mines 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	1,056	117.34	574.29	597.45	608.18	262.83
Short-Term Investments	-	-	-	-	-	0.3
Cash & Short-Term Investments	1,056	117.34	574.29	597.45	608.18	263.13
Cash Growth	486.68%	-79.57%	-3.88%	-1.76%	131.14%	-62.62%
Other Receivables	-	41.73	23.03	16.11	10.91	6.38
Receivables	137.59	76.56	23.03	35.74	72.62	62.93
Inventory	60.03	85.74	1.52	1.01	1	1.02
Other Current Assets	20.46	19	49.99	28.47	4.95	3.9
Total Current Assets	1,274	298.64	648.83	662.66	686.74	330.98
Property, Plant & Equipment	2,305	1,967	1,424	902.83	742.3	725.13
Long-Term Investments	3,423	3,115	2,602	2,057	1,644	1,292
Other Intangible Assets	42.8	18.92	4.24	-	-	-
Long-Term Deferred Tax Assets	249.31	242.72	223.63	208.36	73.16	0.4
Other Long-Term Assets	-	54.37	25.15	19.51	3.93	4.7
Total Assets	7,402	5,738	5,000	3,969	3,218	2,417
Accounts Payable	44.55	55.51	47.59	38.43	11.94	7.49
Accrued Expenses	86.08	73.5	56.67	24.61	16.2	12.98
Short-Term Debt	59.23	90	80.55	-	-	-
Current Portion of Long-Term Debt	95.95	7.48	499.09	3.03	3.03	-
Current Portion of Leases	0.73	0.73	0.68	0.55	0.73	0.35
Current Income Taxes Payable	0.72	-	-	-	-	-
Current Unearned Revenue	1.07	1	-	-	-	-
Other Current Liabilities	13.07	10.35	312.7	0.63	0.06	2.21
Total Current Liabilities	301.4	238.56	997.28	67.24	31.96	23.03
Long-Term Debt	1,001	260.95	56.34	506.24	475.63	38.99
Long-Term Leases	9.94	10.04	10.77	10.76	11.24	11.55
Long-Term Unearned Revenue	419.75	359.72	328.1	310.73	69.56	-
Long-Term Deferred Tax Liabilities	-	-	2.49	1.78	-	2.08
Other Long-Term Liabilities	36.53	32.65	24.34	231.42	252.82	4.96
Total Liabilities	1,769	901.91	1,419	1,128	841.21	80.61
Common Stock	4,419	3,859	2,790	2,347	2,316	2,302
Retained Earnings	1,254	1,047	819.25	509.8	98.94	43.7
Comprehensive Income & Other	127.43	83.22	89.09	77.71	78.59	94.77
Total Common Equity	5,801	4,989	3,698	2,935	2,494	2,441
Minority Interest	-167.79	-153.56	-117.53	-93.49	-116.82	-104.18
Shareholders' Equity	5,633	4,836	3,581	2,841	2,377	2,336
Total Liabilities & Equity	7,402	5,738	5,000	3,969	3,218	2,417
Total Debt	1,167	369.19	647.42	520.58	490.63	50.89
Net Cash (Debt)	-111.42	-251.85	-73.13	76.88	117.54	212.24
Net Cash Growth	-	-	-	-34.60%	-44.62%	-67.42%
Net Cash Per Share	-0.08	-0.19	-0.06	0.06	0.10	0.18
Filing Date Shares Outstanding	1,420	1,353	1,269	1,217	1,211	1,208
Total Common Shares Outstanding	1,419	1,352	1,269	1,217	1,210	1,206
Working Capital	972.27	60.08	-348.45	595.42	654.78	307.95
Book Value Per Share	4.09	3.69	2.92	2.41	2.06	2.02
Tangible Book Value	5,758	4,970	3,694	2,935	2,494	2,441
Tangible Book Value Per Share	4.06	3.68	2.91	2.41	2.06	2.02
Land	1.59	1.49	1.55	1.69	1.84	2.12
Buildings	64.34	42.8	15.6	14.83	15.11	15.21
Machinery	314.42	323.39	113.52	71.27	60.08	57.42
Construction In Progress	1,186	882.11	948.88	450.41	420.11	395.82

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