Kelt Exploration Balance Sheet

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

Millions CAD. 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	0.63	0.09	0.23	14.34	0.13	0.72
Cash & Short-Term Investments	0.63	0.09	0.23	14.34	0.13	0.72
Cash Growth	610.11%	-60.53%	-98.41%	11372.00%	-82.62%	-97.72%
Accounts Receivable	68.47	64.2	60.24	52.65	81.08	42.58
Other Current Assets	21.77	20.97	10.82	9.16	30.35	7.42
Total Current Assets	90.87	85.25	71.28	76.15	111.55	50.72
Net Property, Plant & Equipment	1,557	1,497	1,361	1,166	997.28	822.8
Other Long-Term Assets	18.45	18.14	18.09	17.73	19.27	39.97
Total Assets	1,666	1,601	1,451	1,260	1,128	913.5
Accounts Payable	140.3	78.05	80.46	85.17	83.29	72.45
Current Portion of Leases	0.64	0.63	1.66	1.13	0.51	0.61
Other Current Liabilities	32.46	6.5	11.49	4.95	3.6	3.51
Total Current Liabilities	173.4	85.18	93.61	91.24	87.39	76.57
Long-Term Debt	146.76	179.86	108.99	-	11.3	1.15
Long-Term Leases	0.34	0.39	0.42	0.33	0.54	0.4
Other Long-Term Liabilities	196.6	195.46	184.66	165.06	127.44	112.66
Total Long-Term Liabilities	343.7	375.7	294.07	165.39	139.29	114.21
Total Liabilities	517.1	460.88	387.68	256.63	226.68	190.77
Common Stock	1,208	1,196	1,184	1,175	1,163	1,145
Additional Paid-in Capital	-8.86	-4.92	-6.69	-12.01	-15.46	-17.35
Retained Earnings	-50.63	-51.31	-114.37	-159.79	-245.77	-404.52
Shareholders' Equity	1,149	1,140	1,063	1,004	901.42	722.72
Total Liabilities & Equity	1,666	1,601	1,451	1,260	1,128	913.5
Total Debt	147.74	180.88	111.07	1.46	12.35	2.16
Net Cash (Debt)	-147.1	-180.79	-110.84	12.88	-12.22	-1.44
Net Cash Per Share	-0.72	-0.90	-0.56	0.07	-0.06	-0.01
Book Value	1,149	1,140	1,063	1,004	901.42	722.72
Book Value Per Share	5.66	5.64	5.32	5.09	4.61	3.79
Tangible Book Value	1,149	1,140	1,063	1,004	901.42	722.72
Tangible Book Value Per Share	5.66	5.64	5.32	5.09	4.61	3.79