Argo Mining Profitability and Expansion Update
Balance Sheet
(000s unless otherwise stated)
As of March 31, 2022(1)
$
£
As of December 31, 2021 (1)
$
Current Assets
Digital assets
Cash & cash equivalents
$104,835
£79,839
$106,044
11,904
Trade & other receivables
111,500
Total Current Assets
$228,239
9,066
84,914
£173,819
15,498
83,196
$204,738
Property, plant, & equipment
$156,765
£119,386
Other non-current assets
30,637
23,332
Total Assets
$415,641
£316,537
$146,546
26,491
$377,775
Current Liabilities
£
£80,759
11,803
63,359
£155,921
£111,604
20,174
£287,699
Trade & other payables
Short term debt
Variable consideration
Other current liabilities
$18,122
£13,803
$20,018
£15,245
58,618
44,641
30,715
23,391
7,856
5,983
10,598
8,071
10,837
8,252
10,467
7,972
Total Current Liabilities
$95,433
£72,679
$71,798
£54,679
Long term debt
58,510
44,559
39,786
Other non-current liabilities
1,217
927
Total Liabilities
$155,160
£118,165
1,196
$112,780
30,299
911
£85,889
Total Equity
Total Liabilities & Equity
260,481
$415,641
198,372
264,995
£316,537
$377,775
201,810
£287,699
1. Figures translated at a USD/GBP rate of 1.3131.
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