Axelum Resources Balance Sheet

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

Millions PHP. 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	3,082	2,336	1,951	1,292	1,155
Cash & Short-Term Investments	3,082	2,336	1,951	1,292	1,155
Cash Growth	31.92%	19.74%	50.97%	11.86%	-49.56%
Accounts Receivable	1,245	1,178	605.63	692.82	682.54
Other Receivables	241.84	363.88	101.81	107.04	73.19
Receivables	1,487	1,542	707.44	799.86	755.72
Inventory	2,448	1,999	2,049	2,644	2,106
Prepaid Expenses	39.38	88.12	66.15	26.95	43.8
Other Current Assets	314.71	201.43	197.78	375.28	498.7
Total Current Assets	7,371	6,167	4,972	5,139	4,559
Property, Plant & Equipment	4,153	4,125	4,112	4,184	3,726
Long-Term Investments	117.35	115.46	110.74	111.29	101.87
Goodwill	1,295	1,275	1,256	1,260	1,210
Other Intangible Assets	447.34	447.34	447.34	447.34	447.34
Long-Term Deferred Tax Assets	-	57.91	130.47	-	-
Other Long-Term Assets	10.96	179.49	203.16	304.82	38.02
Total Assets	13,394	12,367	11,232	11,446	10,082
Accounts Payable	310.86	286.09	129.33	198.96	177.54
Accrued Expenses	625.82	392.63	284.86	219.33	260.33
Short-Term Debt	844.6	857.33	811.99	557.3	253.02
Current Portion of Leases	14.68	13.78	-	-	-
Current Income Taxes Payable	26.77	17.76	10.91	79.76	12.66
Other Current Liabilities	69.09	59.83	37.14	41.36	71.46
Total Current Liabilities	1,892	1,627	1,274	1,097	775.01
Long-Term Debt	3.23	3.18	3.05	3.07	2.81
Long-Term Leases	42.83	56.52	-	-	-
Pension & Post-Retirement Benefits	9.86	7.37	-	-	82.14
Long-Term Deferred Tax Liabilities	81.62	-	-	53.64	26.78
Other Long-Term Liabilities	1	1	1	1	1
Total Liabilities	2,030	1,695	1,278	1,154	887.73
Common Stock	4,000	4,000	4,000	4,000	4,000
Additional Paid-In Capital	3,237	3,237	3,237	2,939	2,939
Retained Earnings	4,248	3,605	2,916	3,734	2,751
Treasury Stock	-583.73	-583.73	-583.73	-583.73	-542.98
Comprehensive Income & Other	262.04	213.86	184.54	201.74	47.15
Total Common Equity	11,163	10,472	9,754	10,291	9,194
Shareholders' Equity	11,363	10,672	9,954	10,291	9,194
Total Liabilities & Equity	13,394	12,367	11,232	11,446	10,082
Total Debt	905.34	930.81	815.03	560.36	255.83
Net Cash (Debt)	2,176	1,405	1,136	731.96	899.45
Net Cash Growth	54.88%	23.71%	55.20%	-18.62%	-34.05%
Net Cash Per Share	0.57	0.37	0.30	0.19	0.23
Filing Date Shares Outstanding	3,798	3,798	3,798	3,798	3,815
Total Common Shares Outstanding	3,798	3,798	3,798	3,798	3,815
Working Capital	5,479	4,539	3,698	4,042	3,784
Book Value Per Share	2.94	2.76	2.57	2.71	2.41
Tangible Book Value	9,421	8,749	8,050	8,584	7,537
Tangible Book Value Per Share	2.48	2.30	2.12	2.26	1.98
Land	50.56	49.75	47.62	47.95	43.86
Buildings	1,200	1,200	1,108	1,059	925.41
Machinery	4,636	4,407	4,039	3,687	3,360
Construction In Progress	330.39	266.7	544.43	764.74	511.9

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