Torex Gold Resources Balance Sheet

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

Millions USD. 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	119.5	110.2	172.8	376	255.7
Cash & Short-Term Investments	119.5	110.2	172.8	376	255.7
Cash Growth	8.44%	-36.23%	-54.04%	47.05%	24.01%
Accounts Receivable	72.8	14.7	10.1	2.6	3.4
Other Receivables	62.2	69.8	77.6	43.7	57.4
Receivables	135	84.5	87.7	46.3	60.8
Inventory	190.5	150.1	126.6	120.2	123.3
Prepaid Expenses	23.1	16.9	12.9	11.1	11.3
Other Current Assets	3.1	2	5.5	8.3	2.8
Total Current Assets	471.2	363.7	405.5	561.9	453.9
Property, Plant & Equipment	2,319	1,672	1,249	931.9	836.1
Long-Term Deferred Tax Assets	214.7	84.5	156.5	90.4	55.4
Other Long-Term Assets	3.4	1.8	24.8	9.1	13.5
Total Assets	3,025	2,140	1,836	1,593	1,359
Accounts Payable	82.9	106.3	101	86.4	121.4
Accrued Expenses	106	62.1	45.8	44.9	-
Current Portion of Leases	36.5	29.2	23.9	2.6	2.1
Current Income Taxes Payable	171	143.5	86.9	107.9	70.9
Other Current Liabilities	10.2	5	24.1	1.5	-
Total Current Liabilities	406.6	346.1	281.7	243.3	194.4
Long-Term Debt	27.6	62.9	-	-	-
Long-Term Leases	69.1	49.1	8.1	1.3	1.2
Long-Term Deferred Tax Liabilities	2.7	-	5.5	11.4	23.3
Other Long-Term Liabilities	92.8	50.8	45.4	47.2	39.6
Total Liabilities	598.8	508.9	340.7	303.2	258.5
Common Stock	1,455	1,033	1,032	1,032	1,031
Additional Paid-In Capital	28	24.2	24.2	24.2	24.3
Retained Earnings	999.8	630	495.4	291	102.2
Comprehensive Income & Other	-56.6	-56.6	-56.6	-56.6	-56.6
Shareholders' Equity	2,427	1,631	1,495	1,290	1,100
Total Liabilities & Equity	3,025	2,140	1,836	1,593	1,359
Total Debt	133.2	141.2	32	3.9	3.3
Net Cash (Debt)	-13.7	-31	140.8	372.1	252.4
Net Cash Growth	-	-	-62.16%	47.42%	56.38%
Net Cash Per Share	-0.15	-0.36	1.63	4.32	2.93
Filing Date Shares Outstanding	95.42	86.16	85.97	85.88	85.81
Total Common Shares Outstanding	95.68	85.99	85.89	85.84	85.75
Working Capital	64.6	17.6	123.8	318.6	259.5
Book Value Per Share	25.36	18.97	17.41	15.03	12.83
Tangible Book Value	2,427	1,631	1,495	1,290	1,100
Tangible Book Value Per Share	25.36	18.97	17.41	15.03	12.83
Construction In Progress	67.6	1,289	758	383.6	228.7

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