Cerrado Gold Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	16.54	26.03	0.41	5.92	1.73	6.64
Short-Term Investments	-	-	0.02	1.44	0.03	0.03
Cash & Short-Term Investments	16.54	26.03	0.43	7.36	1.76	6.66
Cash Growth	108.09%	5996.49%	-94.20%	319.60%	-73.66%	17401.05%
Accounts Receivable	99.59	67.38	56.94	40.12	19.38	0.52
Other Receivables	11.78	12.48	6.14	7.15	7.95	8.06
Receivables	111.37	79.86	63.09	47.27	27.33	8.58
Inventory	9.32	11.25	8.88	9.1	8.73	6
Prepaid Expenses	0.15	0.43	0.16	0.14	0.18	-
Restricted Cash	-	-	6.81	2	7.5	-
Other Current Assets	-	-	-	0.82	0.53	0.19
Total Current Assets	137.37	117.56	79.36	66.7	46.02	21.43
Property, Plant & Equipment	167.56	104.44	164.75	83.02	58.38	41.11
Long-Term Investments	-	0.57	0.24	0.7	0.66	0.35
Other Long-Term Assets	6.65	18.5	6.38	12.23	4.76	4.72
Total Assets	311.58	241.07	250.72	162.65	109.81	67.61
Accounts Payable	111.83	74.64	71.06	47.62	26.42	7.01
Accrued Expenses	16.42	20.78	25.56	15.19	13.65	7.51
Short-Term Debt	12.36	12.05	12.35	5.27	6.02	6.39
Current Portion of Long-Term Debt	10.09	16.64	27.33	5.73	-	-
Current Portion of Leases	0.29	0.37	0.41	0.33	0.69	0.41
Current Unearned Revenue	-	-	-	2.14	2.48	1.84
Other Current Liabilities	6.16	6.02	10.05	2.06	10.31	0.25
Total Current Liabilities	169.16	130.51	146.75	78.33	59.56	23.41
Long-Term Debt	23.02	6.48	22.08	24.71	-	-
Long-Term Leases	0.14	0.29	0.51	1.32	1.3	0.23
Long-Term Unearned Revenue	-	-	-	14.03	14.02	14.32
Long-Term Deferred Tax Liabilities	9.28	10.66	10.71	3.01	-	-
Other Long-Term Liabilities	57.22	41.64	45.89	27.9	19.82	25.49
Total Liabilities	258.8	189.57	225.94	149.29	94.69	63.45
Common Stock	69.81	56.43	54.6	41.64	40.37	17.31
Retained Earnings	-22.22	-5.89	-35.8	-29.32	-23.67	-17.37
Comprehensive Income & Other	2.84	0.97	5.99	1.03	-1.57	4.23
Shareholders' Equity	52.78	51.5	24.78	13.35	15.12	4.16
Total Liabilities & Equity	311.58	241.07	250.72	162.65	109.81	67.61
Total Debt	45.9	35.84	62.68	37.35	8	7.03
Net Cash (Debt)	-29.36	-9.24	-62.01	-29.28	-5.59	-0.01
Net Cash Per Share	-0.23	-0.09	-0.69	-0.38	-0.08	-0.00
Filing Date Shares Outstanding	135.37	105.03	102.89	78.9	76.58	46.84
Total Common Shares Outstanding	134.01	103.98	98.28	78.63	76.48	46.84
Working Capital	-31.78	-12.94	-67.39	-11.64	-13.54	-1.98
Book Value Per Share	0.38	0.50	0.25	0.17	0.20	0.09
Tangible Book Value	50.43	51.5	24.78	13.35	15.12	4.16
Tangible Book Value Per Share	0.38	0.50	0.25	0.17	0.20	0.09
Land	2.39	0.99	5.22	0.38	0.61	0.13
Construction In Progress	11.82	2.36	7.66	6.43	0.8	6.39

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.