Grasberg: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Grasberg
Largest movements
- Stocks and contracts +€8.3m
up €8.3m (+192.7%), from €4.3m to €12.6m
- Debts after one year +€5.8m
up €5.8m (+188.3%), from €3.1m to €8.9m
- Other debts +€1.5m
up €1.5m (+196.5%), from €772,625 to €2.3m
- Reserves +€633,365
up €633,365 (+144.2%), from €439,091 to €1.1m
- Accrued charges and deferred income +€235,721
new in 2025: €235,721
- Current portion of long-term debt +€212,736
new in 2025: €212,736
- Gross operating margin +€478,558
up €478,558 (+72.2%), from €662,543 to €1.1m
- Financial charges +€215,237
up €215,237 (+279.4%), from €77,047 to €292,283
- Taxes +€64,773
up €64,773 (+44.2%), from €146,405 to €211,178
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,456,787 | €12,984,086 | +€8.5m | +191.3% |
| Fixed assets | 21/28 | - | €44,225 | +€44,225 | |
| Financial fixed assets | 28 | - | €44,225 | +€44,225 | |
| Current assets | 29/58 | €4,456,787 | €12,939,861 | +€8.5m | +190.3% |
| Stocks and contracts in progress | 3 | €4,321,370 | €12,649,083 | +€8.3m | +192.7% |
| Stocks | 30/36 | €4,321,370 | €12,649,083 | +€8.3m | +192.7% |
| Amounts receivable within one year | 40/41 | €586 | €59,050 | +€58,465 | +9983.0% |
| Trade receivables | 40 | €586 | €59,050 | +€58,465 | +9983.0% |
| Cash at bank and in hand | 54/58 | €133,009 | €228,074 | +€95,065 | +71.5% |
| Deferred charges and accrued income | 490/1 | €1,822 | €3,654 | +€1,831 | +100.5% |
| Total equity and liabilities | 10/49 | €4,456,787 | €12,984,086 | +€8.5m | +191.3% |
| Equity | 10/15 | €454,091 | €1,087,456 | +€633,365 | +139.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €439,091 | €1,072,456 | +€633,365 | +144.2% |
| Distributable reserves | 133 | €439,091 | €1,072,456 | +€633,365 | +144.2% |
| Amounts payable | 17/49 | €4,002,696 | €11,896,630 | +€7.9m | +197.2% |
| Amounts payable after more than one year | 17 | €3,080,000 | €8,879,618 | +€5.8m | +188.3% |
| Financial debts | 170/4 | €3,080,000 | €8,879,618 | +€5.8m | +188.3% |
| Amounts payable within one year | 42/48 | €922,696 | €2,781,292 | +€1.9m | +201.4% |
| Current portion of amounts payable after more than one year | 42 | - | €212,736 | +€212,736 | |
| Trade debts | 44 | €3,646 | €65,913 | +€62,267 | +1707.7% |
| Suppliers | 440/4 | €3,646 | €65,913 | +€62,267 | +1707.7% |
| Taxes, remuneration and social security | 45 | €146,425 | €211,943 | +€65,518 | +44.7% |
| Taxes | 450/3 | €146,425 | €211,943 | +€65,518 | +44.7% |
| Other amounts payable | 47/48 | €772,625 | €2,290,700 | +€1.5m | +196.5% |
| Accrued charges and deferred income | 492/3 | - | €235,721 | +€235,721 | |
| Other operating charges | 640/8 | - | €4,275 | +€4,275 | |
| Gross operating margin | 9900 | €662,543 | €1,141,101 | +€478,558 | +72.2% |
| Operating profit (loss) | 9901 | €662,543 | €1,136,826 | +€474,283 | +71.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €77,047 | €292,283 | +€215,237 | +279.4% |
| Recurring financial charges | 65 | €77,047 | €292,283 | +€215,237 | +279.4% |
| Profit (loss) for the period before taxes | 9903 | €585,496 | €844,543 | +€259,047 | +44.2% |
| Income taxes | 67/77 | €146,405 | €211,178 | +€64,773 | +44.2% |
| Profit (loss) for the period | 9904 | €439,091 | €633,365 | +€194,274 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €439,091 | €633,365 | +€194,274 | +44.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.