Botnia Gold AB Balance Sheet

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

Millions SEK. 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	57.76	17.62	44.56	66.24	14.32
Cash & Short-Term Investments	57.76	17.62	44.56	66.24	14.32
Cash Growth	227.85%	-60.46%	-32.74%	362.61%	21.25%
Other Receivables	10.17	29.61	1.34	0.2	0.79
Receivables	10.17	29.61	1.34	0.2	0.79
Inventory	19.94	4.62	-	-	-
Prepaid Expenses	0.54	1.1	0.15	0.59	0.17
Total Current Assets	88.41	52.95	46.04	67.02	15.27
Property, Plant & Equipment	117.8	98	66.39	1.89	-
Other Intangible Assets	34.47	33.19	34.28	80.15	78.1
Long-Term Deferred Tax Assets	15.57	29.05	-	-	-
Other Long-Term Assets	5.9	6.05	5.38	1.58	1.58
Total Assets	262.15	219.25	152.09	150.64	94.95
Accounts Payable	29.83	22.7	4.61	2.85	0.31
Accrued Expenses	10.17	13.75	0.58	0.98	0.88
Short-Term Debt	-	12	-	-	-
Current Portion of Long-Term Debt	-	-	4.96	-	-
Other Current Liabilities	4.34	1.75	0.5	0.61	0.16
Total Current Liabilities	44.34	50.2	10.65	4.44	1.34
Long-Term Debt	2.67	2.81	2.47	4.77	4.59
Other Long-Term Liabilities	4.38	4.38	4.38	-	-
Total Liabilities	51.38	57.39	17.49	9.21	5.93
Common Stock	30.6	30.6	29.68	29.68	21.76
Additional Paid-In Capital	211.77	211.77	207.76	207.33	155.24
Retained Earnings	-31.6	-80.51	-102.84	-95.57	-87.98
Shareholders' Equity	210.77	161.86	134.6	141.44	89.02
Total Liabilities & Equity	262.15	219.25	152.09	150.64	94.95
Total Debt	2.67	14.81	7.43	4.77	4.59
Net Cash (Debt)	55.09	2.81	37.13	61.47	9.73
Net Cash Growth	1862.04%	-92.44%	-39.60%	531.64%	31.53%
Net Cash Per Share	1.34	0.07	0.90	2.10	0.33
Filing Date Shares Outstanding	40.81	40.81	39.57	39.57	29.01
Total Common Shares Outstanding	40.81	40.81	39.57	39.57	29.01
Working Capital	44.08	2.75	35.39	62.59	13.93
Book Value Per Share	5.17	3.97	3.40	3.57	3.07
Tangible Book Value	176.3	128.67	100.31	61.29	10.92
Tangible Book Value Per Share	4.32	3.15	2.53	1.55	0.38
Land	-	-	-	1.89	-
Machinery	0.4	0.4	-	-	-

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