Cerrado Gold Balance Sheet

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

Millions USD. 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	31.42	22.88	26.03	0.41	5.92	1.73
Short-Term Investments	-	-	-	0.02	1.44	0.03
Cash & Short-Term Investments	31.42	22.88	26.03	0.43	7.36	1.76
Cash Growth	56.12%	-12.10%	5996.49%	-94.20%	319.60%	-73.66%
Accounts Receivable	139.4	115.32	67.38	56.94	40.12	19.38
Other Receivables	17.44	11.72	12.48	6.14	7.15	7.95
Receivables	156.85	127.04	79.86	63.09	47.27	27.33
Inventory	17.73	10.63	11.25	8.88	9.1	8.73
Prepaid Expenses	0.37	0.42	0.43	0.16	0.14	0.18
Restricted Cash	-	-	-	6.81	2	7.5
Other Current Assets	-	-	-	-	0.82	0.53
Total Current Assets	206.37	160.97	117.56	79.36	66.7	46.02
Property, Plant & Equipment	188.71	180.87	104.44	164.75	83.02	58.38
Long-Term Investments	-	-	0.57	0.24	0.7	0.66
Other Long-Term Assets	6.71	5.76	18.5	6.38	12.23	4.76
Total Assets	401.79	347.6	241.07	250.72	162.65	109.81
Accounts Payable	158.9	129.87	74.64	71.06	47.62	26.42
Accrued Expenses	23.73	21.06	20.78	25.56	15.19	13.65
Short-Term Debt	10.33	9.14	12.05	12.35	5.27	6.02
Current Portion of Long-Term Debt	18.29	11.13	16.64	27.33	5.73	-
Current Portion of Leases	6.93	6.91	0.37	0.41	0.33	0.69
Current Income Taxes Payable	19.6	13.37	-	-	-	-
Current Unearned Revenue	-	-	-	-	2.14	2.48
Other Current Liabilities	6.16	6.16	6.02	10.05	2.06	10.31
Total Current Liabilities	243.94	197.64	130.51	146.75	78.33	59.56
Long-Term Debt	17.94	18.73	6.48	22.08	24.71	-
Long-Term Leases	1.06	2.61	0.29	0.51	1.32	1.3
Long-Term Unearned Revenue	-	-	-	-	14.03	14.02
Long-Term Deferred Tax Liabilities	14.47	16.31	10.66	10.71	3.01	-
Other Long-Term Liabilities	59.55	60.6	41.64	45.89	27.9	19.82
Total Liabilities	336.95	295.89	189.57	225.94	149.29	94.69
Common Stock	70.78	71.14	56.43	54.6	41.64	40.37
Retained Earnings	-14.61	-27.52	-5.89	-35.8	-29.32	-23.67
Comprehensive Income & Other	6.25	5.75	0.97	5.99	1.03	-1.57
Total Common Equity	62.42	49.37	51.5	24.78	13.35	15.12
Minority Interest	2.41	2.34	-	-	-	-
Shareholders' Equity	64.83	51.71	51.5	24.78	13.35	15.12
Total Liabilities & Equity	401.79	347.6	241.07	250.72	162.65	109.81
Total Debt	54.56	48.52	35.84	62.68	37.35	8
Net Cash (Debt)	-23.14	-25.64	-9.24	-62.01	-29.28	-5.59
Net Cash Per Share	-0.18	-0.21	-0.09	-0.69	-0.38	-0.08
Filing Date Shares Outstanding	135.68	135.81	105.03	102.89	78.9	76.58
Total Common Shares Outstanding	135.68	135.82	103.98	98.28	78.63	76.48
Working Capital	-37.57	-36.67	-12.94	-67.39	-11.64	-13.54
Book Value Per Share	0.46	0.36	0.50	0.25	0.17	0.20
Tangible Book Value	62.42	49.37	51.5	24.78	13.35	15.12
Tangible Book Value Per Share	0.46	0.36	0.50	0.25	0.17	0.20
Land	2.38	2.38	0.99	5.22	0.38	0.61
Construction In Progress	14.09	9.25	2.36	7.66	6.43	0.8