Northern Graphite Balance Sheet

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

Millions CAD. 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	0.59	0.37	3.12	5.08	3.58	1.21
Short-Term Investments	-	-	0.49	0.56	0.75	0.18
Cash & Short-Term Investments	0.59	0.37	3.61	5.64	4.33	1.39
Cash Growth	89.32%	-89.65%	-36.04%	30.22%	210.41%	0.69%
Accounts Receivable	2	1.54	2.24	4.1	0.08	-
Other Receivables	-	-	-	-	-	0.02
Total Trade Receivables	2	1.54	2.24	4.1	0.08	0.02
Inventory	2.15	8.86	17.13	18.27	-	-
Other Current Assets	1.66	1.08	1.94	1.68	0.82	0.09
Total Current Assets	6.39	11.85	24.92	29.68	5.22	1.5
Net Property, Plant & Equipment	37.49	40.19	42.32	43.55	0.07	0.1
Goodwill	2.71	2.71	2.71	2.71	-	-
Long-Term Investments	-	-	-	-	-	0.15
Other Long-Term Assets	23.64	22.49	21.27	25.81	14.36	13.47
Total Assets	70.23	77.24	91.23	101.75	19.66	15.22
Accounts Payable	9.65	8.97	6.9	5.04	1.56	0.21
Current Portion of Long-Term Debt	44.71	39.91	6.92	4.71	-	-
Current Portion of Leases	0.14	0.41	0.51	0.52	-	-
Other Current Liabilities	0.22	-	0.5	-	-	-
Total Current Liabilities	54.72	49.29	14.82	10.27	1.56	0.21
Long-Term Debt	0.25	-	19.16	15.61	-	-
Long-Term Leases	0.81	0.78	0.96	1.06	-	-
Other Long-Term Liabilities	49.88	48.58	40.5	38.64	0.36	0.35
Total Long-Term Liabilities	50.94	49.35	60.62	55.3	0.36	0.35
Total Liabilities	105.66	98.64	75.44	65.58	1.92	0.55
Common Stock	68.41	67.9	57.42	52.62	30.86	25.1
Additional Paid-in Capital	5.83	5.51	15.33	14.76	3.13	3.35
Accumulated Other Comprehensive Income	-0.77	-1.61	-2.57	-0.45	-	-
Retained Earnings	-108.9	-93.2	-54.39	-30.75	-16.26	-13.78
Shareholders' Equity	-35.43	-21.4	15.79	36.18	17.73	14.67
Total Liabilities & Equity	70.23	77.24	91.23	101.75	19.66	15.22
Total Debt	45.91	41.1	27.55	21.9	0	0
Net Cash (Debt)	-45.33	-40.73	-23.94	-16.26	4.33	1.39
Net Cash Growth	-	-	-	-	210.41%	0.69%
Net Cash Per Share	-	-	-0.19	-0.15	0.06	0.02
Book Value	-35.43	-21.4	15.79	36.18	17.73	14.67
Book Value Per Share	-	-	0.12	0.34	0.23	0.23
Tangible Book Value	-38.14	-24.12	13.07	33.46	17.73	14.67
Tangible Book Value Per Share	-	-	0.10	0.31	0.23	0.23

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.