Minera Valparaiso Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	527.46	200.03	671.04	337.43	216.57	408.08
Short-Term Investments	575.75	763.77	201.76	793.75	952.98	940.79
Accounts Receivable	284.55	260.64	245.11	235.53	317.22	285.56
Other Receivables	84.61	73.9	33.57	44.28	104.12	29.53
Inventory	76.21	83.16	97.95	101.39	95.03	70.6
Prepaid Expenses	10.4	15.56	16.3	17.79	19.42	16.21
Other Current Assets	64.87	100.41	36.83	81.81	18.1	45.99
Total Current Assets	1,624	1,497	1,303	1,612	1,723	1,797
Property, Plant & Equipment	5,642	5,562	5,439	5,000	4,638	4,534
Goodwill	7.48	7.48	7.48	-	5.57	5.57
Other Intangible Assets	53.83	55.54	62.08	51.88	65.2	68.15
Long-Term Investments	3,315	3,439	2,690	3,082	3,002	2,878
Long-Term Deferred Tax Assets	107.05	105.55	101.2	64.5	67.74	66.69
Other Long-Term Assets	50.8	61.15	102.17	122.48	118.17	59.91
Total Assets	10,801	10,728	9,705	9,934	9,620	9,409
Accounts Payable	285.18	209.54	192.88	199.93	264.18	191.99
Accrued Expenses	30.77	41.98	41.6	51.47	61.9	54.3
Short-Term Debt	-	-	-	-	-	0
Current Portion of Long-Term Debt	96.33	68.07	106.59	347.13	96.16	279.2
Current Unearned Revenue	4.6	4.92	4.95	0.59	0.59	0.56
Current Portion of Leases	14.09	14.26	13.98	14.03	11.07	9.75
Current Income Taxes Payable	4.54	1.85	0.91	67.46	13.53	101.77
Other Current Liabilities	100.08	99.41	129.95	167.59	405.16	167.85
Total Current Liabilities	535.58	440.03	490.86	848.2	852.59	805.41
Long-Term Debt	2,564	2,587	2,286	2,112	2,250	2,168
Long-Term Leases	110.93	115.38	123.71	125.49	125.03	116.57
Long-Term Unearned Revenue	5.75	5.78	5.89	6	6.11	6.33
Pension & Post-Retirement Benefits	39.97	42.73	34.09	34.05	33.08	25.94
Long-Term Deferred Tax Liabilities	1,063	1,079	1,037	1,078	1,096	1,068
Other Long-Term Liabilities	105.84	104.35	113.68	72.04	59.07	66.48
Total Liabilities	4,425	4,374	4,092	4,276	4,422	4,256
Common Stock	155.89	155.89	155.89	155.89	155.89	155.89
Retained Earnings	4,878	4,863	4,769	4,659	4,265	4,222
Comprehensive Income & Other	-810.58	-812.68	-1,420	-1,224	-1,206	-1,119
Total Common Equity	4,224	4,206	3,506	3,591	3,215	3,259
Minority Interest	2,152	2,148	2,108	2,067	1,983	1,894
Shareholders' Equity	6,376	6,354	5,613	5,658	5,198	5,153
Total Liabilities & Equity	10,801	10,728	9,705	9,934	9,620	9,409
Total Debt	2,785	2,784	2,531	2,599	2,482	2,574
Net Cash (Debt)	-1,682	-1,821	-1,658	-1,468	-1,313	-1,225
Net Cash Per Share	-13.46	-14.57	-13.26	-11.74	-10.50	-9.80
Filing Date Shares Outstanding	125	125	125	125	125	125
Total Common Shares Outstanding	125	125	125	125	125	125
Working Capital	1,088	1,057	811.7	763.78	870.83	991.35
Book Value Per Share	33.79	33.65	28.04	28.73	25.72	26.07
Tangible Book Value	4,162	4,143	3,436	3,539	3,144	3,186
Tangible Book Value Per Share	33.30	33.14	27.49	28.31	25.15	25.48
Land	310.3	310.3	310.35	300.61	300.76	303.16
Buildings	155.44	155.44	148.29	147.85	147.91	143.5
Machinery	7,395	7,393	6,479	6,132	6,140	5,947
Construction In Progress	731.69	607.43	1,335	922.97	533.21	476.04