First Resources 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	289.4	105.53	110.97	433.79	381.46
Cash & Short-Term Investments	289.4	105.53	110.97	433.79	381.46
Cash Growth	174.23%	-4.90%	-74.42%	13.72%	99.68%
Accounts Receivable	129.75	44.49	35.83	80.93	70.58
Other Receivables	4.81	0.67	3.92	6.73	1.99
Receivables	134.56	45.17	39.75	87.66	72.56
Inventory	269.49	160.21	119.79	137	100.11
Prepaid Expenses	62.94	25.02	36.16	24.24	25.43
Restricted Cash	2.8	51.66	51.9	6.52	0.06
Other Current Assets	73.98	70.02	46.93	53.15	59.66
Total Current Assets	833.18	457.61	405.5	742.36	639.28
Property, Plant & Equipment	1,610	1,208	1,114	843.38	933.78
Long-Term Investments	64.37	-	-	-	-
Goodwill	126.71	72.59	76.1	74.58	82.22
Other Intangible Assets	86.45	58.67	54.33	62.5	71.46
Long-Term Accounts Receivable	40.24	38.88	37.57	25.84	32.86
Long-Term Deferred Tax Assets	36.13	31.33	35.2	32	42.72
Long-Term Deferred Charges	10.64	-	-	-	-
Other Long-Term Assets	84.87	85.16	51.8	52.08	71.29
Total Assets	2,893	1,952	1,775	1,833	1,874
Accounts Payable	65.11	54.04	39.48	31.62	37.84
Accrued Expenses	60.41	49.31	35.48	39.5	25.35
Current Portion of Long-Term Debt	95.08	83.03	107.75	91.18	113.64
Current Portion of Leases	1.74	3.73	3.95	2.13	1.25
Current Income Taxes Payable	59.26	33.48	7.5	18.95	46.2
Current Unearned Revenue	6.91	10.7	7.54	3.62	7.19
Other Current Liabilities	15.68	11.88	10.2	11.97	31.83
Total Current Liabilities	304.19	246.17	211.9	198.97	263.3
Long-Term Debt	857.5	181.43	122.04	199.75	290.42
Long-Term Leases	0.12	1.94	3.98	2.66	1.42
Pension & Post-Retirement Benefits	15.97	26.82	27.51	22.64	36.75
Long-Term Deferred Tax Liabilities	42.91	7.95	7.63	9.79	10.62
Other Long-Term Liabilities	4.24	-	-	-	-
Total Liabilities	1,225	464.3	373.06	433.81	602.5
Common Stock	394.91	394.91	394.91	394.91	394.91
Additional Paid-In Capital	10.35	10.34	10.34	10.33	10.32
Retained Earnings	1,484	1,250	1,086	1,111	870.2
Treasury Stock	-35.43	-35.14	-19.06	-14.7	-6.7
Comprehensive Income & Other	-316.35	-240.59	-168.49	-192.26	-71.58
Total Common Equity	1,538	1,379	1,303	1,310	1,197
Minority Interest	130.03	108.06	98.38	89.25	73.96
Shareholders' Equity	1,668	1,488	1,402	1,399	1,271
Total Liabilities & Equity	2,893	1,952	1,775	1,833	1,874
Total Debt	954.43	270.13	237.73	295.72	406.74
Net Cash (Debt)	-665.03	-164.59	-126.75	138.07	-25.27
Net Cash Per Share	-0.43	-0.11	-0.08	0.09	-0.02
Filing Date Shares Outstanding	1,548	1,549	1,562	1,568	1,577
Total Common Shares Outstanding	1,549	1,549	1,565	1,569	1,577
Working Capital	528.99	211.45	193.59	543.39	375.98
Book Value Per Share	0.99	0.89	0.83	0.83	0.76
Tangible Book Value	1,324	1,248	1,173	1,173	1,043
Tangible Book Value Per Share	0.85	0.81	0.75	0.75	0.66
Buildings	723.91	549.43	487.76	422.49	438.9
Machinery	455.41	365.52	350.21	334.55	343.53
Construction In Progress	234.96	203.98	130.64	29.51	13.34

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