Axelum Resources Balance Sheet

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

Millions PHP. 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	2,225	2,336	1,951	1,292	1,155	2,290
Cash & Short-Term Investments	2,225	2,336	1,951	1,292	1,155	2,290
Cash Growth	9.85%	19.74%	50.97%	11.86%	-49.56%	-19.98%
Accounts Receivable	1,849	1,178	605.63	692.82	682.54	538.37
Other Receivables	296.35	363.88	101.81	107.04	73.19	36.19
Receivables	2,146	1,542	707.44	799.86	755.72	574.56
Inventory	2,430	1,999	2,049	2,644	2,106	1,348
Prepaid Expenses	145.21	88.12	66.15	26.95	43.8	108.19
Other Current Assets	134.53	201.43	197.78	375.28	498.7	493.27
Total Current Assets	7,081	6,167	4,972	5,139	4,559	4,815
Property, Plant & Equipment	4,118	4,125	4,112	4,184	3,726	3,739
Long-Term Investments	115.46	115.46	110.74	111.29	101.87	-
Goodwill	1,285	1,275	1,256	1,260	1,210	1,179
Other Intangible Assets	447.34	447.34	447.34	447.34	447.34	447.34
Long-Term Deferred Tax Assets	18.01	57.91	130.47	-	-	26.79
Other Long-Term Assets	179.71	179.49	203.16	304.82	38.02	19.73
Total Assets	13,245	12,367	11,232	11,446	10,082	10,226
Accounts Payable	263.76	286.09	129.33	198.96	177.54	256.13
Accrued Expenses	452.45	392.63	284.86	219.33	260.33	181.83
Short-Term Debt	1,100	857.33	811.99	557.3	253.02	898.86
Current Portion of Leases	3.28	13.78	-	-	-	24.98
Current Income Taxes Payable	76.97	17.76	10.91	79.76	12.66	30.93
Other Current Liabilities	33.97	59.83	37.14	41.36	71.46	20.1
Total Current Liabilities	1,930	1,627	1,274	1,097	775.01	1,413
Long-Term Debt	3.2	3.18	3.05	3.07	2.81	2.64
Long-Term Leases	56.52	56.52	-	-	-	-
Pension & Post-Retirement Benefits	31.93	7.37	-	-	82.14	76.4
Long-Term Deferred Tax Liabilities	-	-	-	53.64	26.78	-
Other Long-Term Liabilities	1	1	1	1	1	1
Total Liabilities	2,023	1,695	1,278	1,154	887.73	1,493
Common Stock	4,000	4,000	4,000	4,000	4,000	4,000
Additional Paid-In Capital	3,237	3,237	3,237	2,939	2,939	2,939
Retained Earnings	4,035	3,605	2,916	3,734	2,751	2,036
Treasury Stock	-583.73	-583.73	-583.73	-583.73	-542.98	-211.14
Comprehensive Income & Other	333.51	213.86	184.54	201.74	47.15	-30.03
Total Common Equity	11,022	10,472	9,754	10,291	9,194	8,733
Shareholders' Equity	11,222	10,672	9,954	10,291	9,194	8,733
Total Liabilities & Equity	13,245	12,367	11,232	11,446	10,082	10,226
Total Debt	1,163	930.81	815.03	560.36	255.83	926.48
Net Cash (Debt)	1,062	1,405	1,136	731.96	899.45	1,364
Net Cash Growth	-10.50%	23.71%	55.20%	-18.62%	-34.05%	7.90%
Net Cash Per Share	0.28	0.37	0.30	0.19	0.23	0.34
Filing Date Shares Outstanding	3,798	3,798	3,798	3,798	3,815	3,881
Total Common Shares Outstanding	3,798	3,798	3,798	3,798	3,815	3,921
Working Capital	5,150	4,539	3,698	4,042	3,784	3,402
Book Value Per Share	2.90	2.76	2.57	2.71	2.41	2.23
Tangible Book Value	9,289	8,749	8,050	8,584	7,537	7,107
Tangible Book Value Per Share	2.45	2.30	2.12	2.26	1.98	1.81
Land	50.05	49.75	47.62	47.95	43.86	41.3
Buildings	1,203	1,200	1,108	1,059	925.41	884.76
Machinery	4,582	4,407	4,039	3,687	3,360	2,869
Construction In Progress	286.36	266.7	544.43	764.74	511.9	780.56

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.