Botnia Gold AB Balance Sheet

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

Millions SEK. 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	18.13	57.76	17.62	44.56	66.24	14.32
Cash & Short-Term Investments	18.13	57.76	17.62	44.56	66.24	14.32
Cash Growth	44.98%	227.85%	-60.46%	-32.74%	362.61%	21.25%
Other Receivables	-	10.17	29.61	1.34	0.2	0.79
Receivables	126.36	10.17	29.61	1.34	0.2	0.79
Inventory	13.69	19.94	4.62	-	-	-
Prepaid Expenses	-	0.54	1.1	0.15	0.59	0.17
Total Current Assets	158.18	88.41	52.95	46.04	67.02	15.27
Property, Plant & Equipment	119.82	117.8	98	66.39	1.89	-
Other Intangible Assets	34.47	34.47	33.19	34.28	80.15	78.1
Long-Term Deferred Tax Assets	9.29	15.57	29.05	-	-	-
Other Long-Term Assets	5.91	5.9	6.05	5.38	1.58	1.58
Total Assets	327.65	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	3.33	-	12	-	-	-
Current Portion of Long-Term Debt	-	-	-	4.96	-	-
Other Current Liabilities	76.34	4.34	1.75	0.5	0.61	0.16
Total Current Liabilities	79.67	44.34	50.2	10.65	4.44	1.34
Long-Term Debt	2.71	2.67	2.81	2.47	4.77	4.59
Other Long-Term Liabilities	11.04	4.38	4.38	4.38	-	-
Total Liabilities	93.42	51.38	57.39	17.49	9.21	5.93
Common Stock	30.6	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
Comprehensive Income & Other	203.63	-	-	-	-	-
Shareholders' Equity	234.23	210.77	161.86	134.6	141.44	89.02
Total Liabilities & Equity	327.65	262.15	219.25	152.09	150.64	94.95
Total Debt	6.04	2.67	14.81	7.43	4.77	4.59
Net Cash (Debt)	12.09	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	0.29	1.34	0.07	0.90	2.10	0.33
Filing Date Shares Outstanding	40.81	40.81	40.81	39.57	39.57	29.01
Total Common Shares Outstanding	40.81	40.81	40.81	39.57	39.57	29.01
Working Capital	78.51	44.08	2.75	35.39	62.59	13.93
Book Value Per Share	5.74	5.17	3.97	3.40	3.57	3.07
Tangible Book Value	199.77	176.3	128.67	100.31	61.29	10.92
Tangible Book Value Per Share	4.90	4.32	3.15	2.53	1.55	0.38
Land	-	-	-	-	1.89	-
Machinery	-	0.4	0.4	-	-	-