FAN — First Atlantic Nickel & Cobalt Balance Sheet

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Annual balance sheet for First Atlantic Nickel & Cobalt, fiscal year end - January 31st, CAD millions except per share, conversion factor applied.

	2022 January 31st	2023 January 31st	2024 January 31st	2025 January 31st	2026 January 31st
Period Length:	—	—	—	—	—
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Cash
Cash and Short Term Investments	0.268	0.813	0.89	0.138	3.79
Net Total Accounts Receivable
Net Total Receivables	0.083	0.134	0.232	0.268	0.146
Prepaid Expenses
Total Current Assets	0.476	0.956	1.13	0.438	4.02
Gross Property, Plant And Equipment
Accumulated Depreciation
Net Property, Plant And Equipment	1.89	0.489	1.75	7.01	11.4
Other Long Term Assets
Total Assets	2.37	1.45	2.88	7.45	15.4
Accounts Payable
Payable / Accrued
Accrued Expenses
Notes Payable / Short Term Debt
Current Portion of Long Term Debt / Capital Leases
Total Other Current Liabilities
Total Current Liabilities	0.424	0.614	0.505	0.867	0.827
Long Term Debt
Capital Lease Obligations
Total Long Term Debt
Total Debt
Total Liabilities	0.424	0.626	0.505	0.893	4.11
Common Stock
Additional Paid In Capital
Retained Earnings (Accumulated Deficit)
Other Equity
Total Equity	1.94	0.825	2.38	6.56	11.3
Total Liabilities & Shareholders' Equity	2.37	1.45	2.88	7.45	15.4
Total Common Shares Outstanding