Lynas Rare Earths Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	745.66	166.49	523.84	1,011	965.58	580.83
Short-Term Investments	285.18	-	-	-	-	100
Cash & Short-Term Investments	1,031	166.49	523.84	1,011	965.58	680.83
Cash Growth	234.35%	-68.22%	-48.20%	4.72%	41.83%	569.24%
Accounts Receivable	99.05	44.73	42.62	49.19	105.38	21.73
Other Receivables	65.92	28.41	14.05	10.38	4.48	2.16
Receivables	164.97	73.14	56.68	59.57	109.87	23.89
Inventory	198.42	176.12	120.58	111.89	81.46	62.89
Prepaid Expenses	5.64	14.16	6.2	3.9	6.71	6.44
Total Current Assets	1,400	429.91	707.28	1,187	1,164	774.05
Property, Plant & Equipment	2,484	2,397	1,994	1,344	806.34	635.64
Other Intangible Assets	1.47	1.81	1.27	1.4	0.74	0.41
Long-Term Deferred Tax Assets	-	6.46	5.89	8.96	11.34	-
Other Long-Term Assets	109.3	109.06	96.32	97.53	79.59	67.49
Total Assets	3,995	2,944	2,805	2,639	2,062	1,478
Accounts Payable	54.25	39.02	39.33	40.82	14.39	11.08
Accrued Expenses	33.43	40.28	46.85	30	28.95	21.59
Current Portion of Long-Term Debt	28.46	29.17	28.54	10	21.9	20.07
Current Portion of Leases	3.86	4.62	4.95	4.51	1.53	0.78
Current Income Taxes Payable	-	-	-	25.85	5.69	0.08
Other Current Liabilities	31.27	38.75	49.67	53.8	51.17	54.14
Total Current Liabilities	151.26	151.84	169.35	164.98	123.63	107.74
Long-Term Debt	106.94	122.09	143.29	167.38	164.9	151.05
Long-Term Leases	73.51	46.17	7.19	8.46	2.13	1.29
Pension & Post-Retirement Benefits	1.18	0.85	0.47	1.41	0.98	0.7
Other Long-Term Liabilities	281.28	270.57	241.82	133.04	124.39	133.39
Total Liabilities	630.53	591.51	562.12	475.27	416.02	394.17
Common Stock	3,005	2,091	2,091	2,091	1,860	1,860
Retained Earnings	308.61	228.4	220.41	135.9	-174.77	-715.59
Comprehensive Income & Other	50.34	33.22	-68.69	-63.58	-39.21	-60.58
Shareholders' Equity	3,364	2,353	2,243	2,163	1,646	1,083
Total Liabilities & Equity	3,995	2,944	2,805	2,639	2,062	1,478
Total Debt	212.77	202.05	183.98	190.36	190.46	173.19
Net Cash (Debt)	818.07	-35.56	339.86	820.86	775.12	507.64
Net Cash Growth	629.33%	-	-58.60%	5.90%	52.69%	-
Net Cash Per Share	0.85	-0.04	0.36	0.90	0.86	0.58
Filing Date Shares Outstanding	1,007	935.45	934.72	933.82	902.41	901.08
Total Common Shares Outstanding	1,007	935.45	934.72	933.82	902.41	901.08
Working Capital	1,249	278.07	537.94	1,022	1,040	666.31
Book Value Per Share	3.34	2.52	2.40	2.32	1.82	1.20
Tangible Book Value	3,363	2,351	2,242	2,162	1,645	1,083
Tangible Book Value Per Share	3.34	2.51	2.40	2.32	1.82	1.20
Land	32.26	31.66	27.77	28.28	-	28.07
Buildings	1,880	1,905	743.59	919.84	730.34	698.55
Machinery	16.93	16.67	9.38	9.08	7.63	6.76
Construction In Progress	532.65	475.46	1,288	753.8	204.45	50.65
Leasehold Improvements	122.69	15.74	13.95	21.23	41.9	12.64

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.