Steppe Gold Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	47.13	14.9	1.99	1.8
Short-Term Investments	97.35	-	-	-
Cash & Short-Term Investments	144.48	14.9	1.99	1.8
Cash Growth	869.46%	648.52%	10.92%	-
Other Receivables	5.57	1.92	1.23	1.48
Receivables	5.57	1.92	1.23	1.48
Inventory	62.76	20.85	16.51	11.63
Prepaid Expenses	0.13	0.01	0.09	0.06
Other Current Assets	2.85	2.95	3.43	3.64
Total Current Assets	215.8	40.64	23.25	18.61
Property, Plant & Equipment	133.24	49.92	65.45	67.1
Long-Term Investments	0.32	156.74	139.93	115.71
Other Intangible Assets	-	-	0.57	1.07
Long-Term Deferred Tax Assets	0.89	-	-	-
Other Long-Term Assets	1.9	-	-	-
Total Assets	352.14	247.3	229.19	202.49
Accounts Payable	-	-	5.98	4.19
Accrued Expenses	1.73	0.89	0.5	0.7
Short-Term Debt	6.91	-	-	-
Current Portion of Long-Term Debt	19.59	82.6	28.09	40.65
Current Portion of Leases	0.31	-	-	-
Current Income Taxes Payable	17.97	11.36	4.69	5.68
Other Current Liabilities	18.26	31.75	0.14	0.16
Total Current Liabilities	64.77	126.6	39.41	51.39
Long-Term Debt	160.03	2.82	89.62	85.95
Long-Term Leases	0.31	-	-	-
Long-Term Deferred Tax Liabilities	-	2.7	5.27	4.88
Other Long-Term Liabilities	16.97	12	12.2	13.43
Total Liabilities	242.08	144.11	146.5	155.65
Common Stock	55.42	3	3	3
Retained Earnings	56.24	100.18	62.82	26.98
Comprehensive Income & Other	-1.57	-	16.87	16.87
Total Common Equity	110.09	103.18	82.69	46.85
Minority Interest	-0.03	-	-	-
Shareholders' Equity	110.07	103.18	82.69	46.85
Total Liabilities & Equity	352.14	247.3	229.19	202.49
Total Debt	187.15	85.42	117.72	126.6
Net Cash (Debt)	-42.67	-70.52	-115.72	-124.8
Net Cash Per Share	-0.22	-0.49	-38.57	-41.60
Filing Date Shares Outstanding	252.83	3	3	3
Total Common Shares Outstanding	252.83	3	3	3
Working Capital	151.02	-85.96	-16.16	-32.79
Book Value Per Share	0.44	34.39	27.56	15.62
Tangible Book Value	110.09	103.18	82.12	45.77
Tangible Book Value Per Share	0.44	34.39	27.37	15.26
Buildings	-	-	18.94	18.86
Machinery	-	-	138.78	127.6
Construction In Progress	57.52	1.52	-	-

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