SWAN — Black Swan Graphene Balance Sheet

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Annual balance sheet for Black Swan Graphene, fiscal year end - December 31st, CAD millions except per share, conversion factor applied.

	2020 April 30th	2021 April 30th	2022 April 30th	2023 December 31st	2024 December 31st
Period Length:	—	—	—	—	—
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Cash
Cash and Equivalents
Cash and Short Term Investments	0.011	0.087	0.027	5.32	3
Net Total Accounts Receivable
Net Total Receivables	0.159	0.014	0	0.576	0.606
Prepaid Expenses
Total Other Current Assets
Total Current Assets	0.171	0.101	0.027	5.9	3.61
Net Intangible Assets
Long Term Investments
Other Long Term Assets
Total Assets	0.171	0.101	0.027	13.9	10.7
Payable / Accrued
Accrued Expenses
Notes Payable / Short Term Debt
Total Current Liabilities	0.088	0.243	0.49	0.114	0.273
Total Long Term Debt
Total Debt
Total Other Liabilities
Total Liabilities	0.088	0.243	0.49	0.114	0.273
Common Stock
Additional Paid In Capital
Retained Earnings (Accumulated Deficit)
Other Equity
Total Equity	0.083	-0.142	-0.463	13.8	10.4
Total Liabilities & Shareholders' Equity	0.171	0.101	0.027	13.9	10.7
Total Common Shares Outstanding