Spanish Mountain Gold Ltd. (TSXV:SPA)

Spanish Mountain Gold Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.55	6.87	3.39	2.82	6.69	1.93
Short-Term Investments	0.04	0.03	-	0.25	0.25	9.62
Cash & Short-Term Investments	5.59	6.9	3.39	3.07	6.94	11.55
Cash Growth	289.05%	103.39%	10.69%	-55.81%	-39.91%	1333.44%
Accounts Receivable	-	-	-	-	0.01	0.01
Other Receivables	0.12	0.14	0.06	0.05	0.2	0.18
Receivables	0.12	0.14	0.06	0.05	0.21	0.19
Prepaid Expenses	0.01	0.15	0.05	0.03	0.09	0.28
Other Current Assets	0.54	0.01	0.08	0.01	0.02	-
Total Current Assets	6.25	7.2	3.58	3.16	7.26	12.02
Property, Plant & Equipment	105.52	99.28	93.57	90.9	86.17	81.66
Other Long-Term Assets	0.1	0.1	0.1	0.1	0.09	0.11
Total Assets	111.87	106.59	97.25	94.15	93.52	93.79
Accounts Payable	0.75	0.63	0.38	0.95	1.13	1.38
Accrued Expenses	0.16	0.18	0.03	0.2	-	-
Current Portion of Long-Term Debt	-	-	-	0.04	-	-
Current Portion of Leases	0.07	0.07	0.06	0.05	0.04	0.09
Other Current Liabilities	-	-	-	-	0.24	0.32
Total Current Liabilities	0.98	0.88	0.46	1.24	1.41	1.79
Long-Term Debt	-	-	-	-	0.04	0.04
Long-Term Leases	0.11	0.17	0.23	0.29	-	0.04
Long-Term Unearned Revenue	0.51	0.56	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.2	0.37	0.55
Other Long-Term Liabilities	-	-	-	-	-	0.02
Total Liabilities	1.6	1.6	0.7	1.73	1.83	2.44
Common Stock	126.73	121.68	112.62	106.28	105.09	104.01
Retained Earnings	-20.51	-18.98	-16.66	-15.16	-14.44	-13.53
Comprehensive Income & Other	4.05	2.28	0.59	1.3	1.05	0.87
Shareholders' Equity	110.27	104.99	96.56	92.42	91.7	91.35
Total Liabilities & Equity	111.87	106.59	97.25	94.15	93.52	93.79
Total Debt	0.18	0.23	0.29	0.38	0.08	0.17
Net Cash (Debt)	5.4	6.67	3.1	2.69	6.86	11.37
Net Cash Growth	354.27%	115.01%	15.39%	-60.79%	-39.70%	1811.74%
Net Cash Per Share	0.01	0.02	0.01	0.01	0.02	0.04
Filing Date Shares Outstanding	490.54	444.74	372.94	341.82	334.57	328.52
Total Common Shares Outstanding	490.21	444.74	372.94	341.82	333.97	327.61
Working Capital	5.27	6.33	3.12	1.92	5.85	10.23
Book Value Per Share	0.22	0.24	0.26	0.27	0.27	0.28
Tangible Book Value	110.27	104.99	96.56	92.42	91.7	91.35
Tangible Book Value Per Share	0.22	0.24	0.26	0.27	0.27	0.28
Land	0.13	0.13	0.13	0.13	0.13	0.13
Buildings	1.11	1.11	1.11	1.11	1.11	1.11
Machinery	0.55	0.55	0.54	0.53	0.49	0.43

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