Western Mining Balance Sheet

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

Millions CNY. 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	9,203	4,116	5,436	6,527	6,355
Short-Term Investments	23.41	60.19	-	-	49.79
Trading Asset Securities	218.42	280.17	13.17	1.35	813.35
Cash & Short-Term Investments	9,445	4,456	5,449	6,529	7,218
Cash Growth	111.95%	-18.21%	-16.54%	-9.55%	10.72%
Accounts Receivable	602.07	408.23	792.63	1,498	1,016
Other Receivables	247.21	867.67	250.72	173.15	271.12
Receivables	3,717	3,300	2,623	5,154	3,609
Inventory	5,148	5,113	3,162	3,524	3,201
Other Current Assets	952.35	437.6	175.08	330.14	520.38
Total Current Assets	19,263	13,307	11,410	15,536	14,549
Property, Plant & Equipment	27,909	28,039	25,809	25,280	24,632
Long-Term Investments	5,488	5,421	5,549	5,044	1,984
Goodwill	15.71	15.71	15.71	15.71	15.71
Other Intangible Assets	5,969	6,141	6,421	6,212	5,937
Long-Term Deferred Tax Assets	377.17	571.79	603.94	645.1	666.93
Long-Term Deferred Charges	-	-	-	42.53	29.41
Other Long-Term Assets	117.88	71.23	216.6	335.2	391.07
Total Assets	59,417	54,940	52,067	53,540	49,948
Accounts Payable	3,146	3,338	2,915	3,806	2,921
Accrued Expenses	477.47	444.87	324.5	319.27	218.76
Short-Term Debt	2,614	3,208	5,667	6,487	8,116
Current Portion of Long-Term Debt	4,705	2,489	2,539	3,436	2,782
Current Portion of Leases	16.51	15.2	194.17	247.58	310.41
Current Income Taxes Payable	70.29	128.73	98.17	141.23	220.89
Current Unearned Revenue	796.42	611.79	226.26	427.74	191.76
Other Current Liabilities	3,670	4,034	3,385	5,136	2,664
Total Current Liabilities	15,496	14,269	15,349	20,002	17,425
Long-Term Debt	16,668	15,716	13,595	9,951	11,333
Long-Term Leases	248.09	258.5	1,009	1,108	1,344
Long-Term Unearned Revenue	353.32	353.28	303.38	293.41	306.74
Pension & Post-Retirement Benefits	1,040	1,060	819.28	793.45	-
Long-Term Deferred Tax Liabilities	226.14	223.73	237.94	250.76	256.4
Other Long-Term Liabilities	133.71	296.36	409.52	485.41	1,008
Total Liabilities	34,165	32,178	31,723	32,884	31,673
Common Stock	2,383	2,383	2,383	2,383	2,383
Additional Paid-In Capital	4,995	4,995	4,981	5,373	5,474
Retained Earnings	10,773	9,513	7,773	8,320	5,364
Comprehensive Income & Other	295.23	199.2	131.53	143.88	70.72
Total Common Equity	18,446	17,090	15,268	16,221	13,291
Minority Interest	6,806	5,672	5,075	4,436	4,983
Shareholders' Equity	25,251	22,762	20,344	20,656	18,274
Total Liabilities & Equity	59,417	54,940	52,067	53,540	49,948
Total Debt	24,251	21,687	23,004	21,230	23,886
Net Cash (Debt)	-14,806	-17,231	-17,555	-14,702	-16,667
Net Cash Per Share	-6.22	-7.23	-7.36	-6.15	-6.99
Filing Date Shares Outstanding	2,383	2,383	2,383	2,383	2,383
Total Common Shares Outstanding	2,383	2,383	2,383	2,383	2,383
Working Capital	3,767	-962	-3,939	-4,466	-2,876
Book Value Per Share	7.74	7.17	6.41	6.81	5.58
Tangible Book Value	12,461	10,933	8,831	9,993	7,338
Tangible Book Value Per Share	5.23	4.59	3.71	4.19	3.08
Buildings	7,163	6,922	5,142	5,128	3,483
Machinery	5,587	5,450	3,791	3,816	4,056
Construction In Progress	2,377	1,531	1,759	944.86	1,436

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