Mongolian 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	223.95	140.52	175.8	64.7	25.94
Cash & Short-Term Investments	223.95	140.52	175.8	64.7	25.94
Cash Growth	59.37%	-20.07%	171.73%	149.43%	-33.33%
Accounts Receivable	36.23	40.67	33.7	4.43	14.04
Other Receivables	46.98	47.62	104.22	33.92	36.26
Receivables	83.21	88.29	137.92	38.35	50.3
Inventory	156.43	148.34	98.95	102.79	159.66
Prepaid Expenses	11.9	9.6	7.23	53.81	49.22
Total Current Assets	475.49	386.76	419.9	259.65	285.12
Property, Plant & Equipment	1,295	1,187	1,074	967.12	1,016
Long-Term Investments	15.85	9.34	8.88	8.28	1.59
Other Intangible Assets	533.63	506.74	492.32	498.04	500.09
Long-Term Deferred Tax Assets	21.38	15.65	7.57	28.51	21.77
Other Long-Term Assets	5.53	30.03	5.93	58.92	55.02
Total Assets	2,347	2,135	2,008	1,821	1,879
Accounts Payable	102.19	86.86	68.86	103.99	141.4
Accrued Expenses	40.21	31.18	42.27	18.37	22.17
Current Portion of Long-Term Debt	50	-	-	-	17.89
Current Portion of Leases	0.07	0.57	-	0.06	0.07
Current Income Taxes Payable	10.97	70.66	69.25	9.62	0.07
Current Unearned Revenue	167.36	115.42	237.45	182.25	141.5
Other Current Liabilities	37.3	20.93	15.61	14.02	12.04
Total Current Liabilities	408.1	325.62	433.43	328.29	335.12
Long-Term Debt	344.01	236.12	213.99	373.76	434.72
Long-Term Deferred Tax Liabilities	154.25	160.52	166.19	174.65	181.8
Other Long-Term Liabilities	43.84	32.03	24.96	16.74	30.93
Total Liabilities	950.2	754.29	838.58	893.43	982.56
Common Stock	103.69	104.91	104.25	104.25	103.16
Additional Paid-In Capital	-	776.08	773.01	773.01	769.33
Retained Earnings	-	480.46	351.16	110.04	49.25
Comprehensive Income & Other	1,131	-115.94	-58.11	-59.27	-25.35
Total Common Equity	1,235	1,246	1,170	928.03	896.39
Minority Interest	162.1	135.41	-0.45	-0.96	0.19
Shareholders' Equity	1,397	1,381	1,170	927.08	896.58
Total Liabilities & Equity	2,347	2,135	2,008	1,821	1,879
Total Debt	394.08	236.69	213.99	373.81	452.67
Net Cash (Debt)	-170.13	-96.17	-38.19	-309.12	-426.74
Net Cash Per Share	-0.16	-0.09	-0.04	-0.30	-0.41
Filing Date Shares Outstanding	1,037	1,049	1,042	1,042	1,032
Total Common Shares Outstanding	1,037	1,049	1,042	1,042	1,032
Working Capital	67.4	61.14	-13.53	-68.64	-50
Book Value Per Share	1.19	1.19	1.07	0.84	0.80
Tangible Book Value	701.09	738.77	678	430	396.31
Tangible Book Value Per Share	0.68	0.70	0.60	0.36	0.32
Buildings	-	510.15	509.45	485.17	511.72
Machinery	-	510.47	486.64	369.9	378.88
Construction In Progress	13.86	86.78	7.24	47.39	46.83

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