Dolly Varden Silver Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
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	2020 - 2016
Cash & Equivalents	61.08	32.06	9.98	28.5	15.48	Upgrade
Short-Term Investments	-	2.12	-	-	-	Upgrade
Cash & Short-Term Investments	61.08	34.18	9.98	28.5	15.48	Upgrade
Cash Growth	78.72%	242.38%	-64.97%	84.08%	-34.53%	Upgrade
Other Receivables	1.14	0.07	0.97	0.13	0.1	Upgrade
Receivables	1.14	0.07	0.97	0.13	0.1	Upgrade
Prepaid Expenses	0.4	0.27	0.25	0.23	0.22	Upgrade
Other Current Assets	0.1	0.06	0.27	0.05	0.03	Upgrade
Total Current Assets	62.72	34.57	11.47	28.91	15.83	Upgrade
Property, Plant & Equipment	80.51	71.52	71.12	71.16	4.28	Upgrade
Other Long-Term Assets	0.21	0.16	0.16	0.16	0.09	Upgrade
Total Assets	143.44	106.25	82.75	100.24	20.19	Upgrade
Accounts Payable	1.61	0.11	0.14	0.29	0.12	Upgrade
Accrued Expenses	2.39	0.81	0.66	0.16	0.09	Upgrade
Current Unearned Revenue	7	3.48	-	3.65	0.13	Upgrade
Total Current Liabilities	11.01	4.4	0.8	4.1	0.34	Upgrade
Total Liabilities	11.01	4.4	0.8	4.1	0.34	Upgrade
Common Stock	285.98	224.36	184.75	173.97	80	Upgrade
Retained Earnings	-166.76	-135.02	-114.37	-87.72	-68.45	Upgrade
Comprehensive Income & Other	13.21	12.51	11.57	9.89	8.31	Upgrade
Shareholders' Equity	132.43	101.85	81.95	96.14	19.85	Upgrade
Total Liabilities & Equity	143.44	106.25	82.75	100.24	20.19	Upgrade
Net Cash (Debt)	61.08	34.18	9.98	28.5	15.48	Upgrade
Net Cash Growth	78.72%	242.38%	-64.97%	84.08%	-34.53%	Upgrade
Net Cash Per Share	0.72	0.47	0.16	0.53	0.47	Upgrade
Filing Date Shares Outstanding	92	79.31	71.16	63.58	54.35	Upgrade
Total Common Shares Outstanding	91.91	79.25	67.52	63.41	32.72	Upgrade
Working Capital	51.71	30.17	10.66	24.81	15.48	Upgrade
Book Value Per Share	1.44	1.29	1.21	1.52	0.61	Upgrade
Tangible Book Value	132.43	101.85	81.95	96.14	19.85	Upgrade
Tangible Book Value Per Share	1.44	1.29	1.21	1.52	0.61	Upgrade
Machinery	0.34	0.34	0.32	0.31	0.27	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.