Apartment Income REIT Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	2017 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2017 - 2020
Cash & Equivalents	9.21	15.73	8.95	8.33	2.76	20.45	Upgrade
Cash & Short-Term Investments	9.21	15.73	8.95	8.33	2.76	20.45	Upgrade
Cash Growth	47.96%	75.69%	7.51%	201.38%	-86.49%	820.93%	Upgrade
Accounts Receivable	0.5	-	-	-	-	-	Upgrade
Other Receivables	-	0.95	0.31	0.38	0.67	0.83	Upgrade
Receivables	0.5	0.95	0.31	0.38	0.67	0.83	Upgrade
Prepaid Expenses	-	0.14	0.1	0.11	0.06	0.03	Upgrade
Other Current Assets	0.74	0.49	0.44	0.22	0.15	0.06	Upgrade
Total Current Assets	10.45	17.31	9.8	9.04	3.64	21.38	Upgrade
Property, Plant & Equipment	56.04	49.29	43.84	42.81	39.08	25.77	Upgrade
Total Assets	66.49	66.6	53.64	51.84	42.72	47.14	Upgrade
Accounts Payable	2.7	0.64	0.04	0.42	0.47	1.31	Upgrade
Accrued Expenses	-	0.36	0.17	0.14	0.44	0.61	Upgrade
Current Portion of Leases	0.04	0.04	0.02	0.03	-	-	Upgrade
Current Unearned Revenue	-	2.81	1	0.08	0.7	3.37	Upgrade
Other Current Liabilities	0.16	0.24	0.48	0.14	0.06	0.14	Upgrade
Total Current Liabilities	2.9	4.09	1.71	0.81	1.67	5.43	Upgrade
Long-Term Leases	0.01	0.02	0.07	0.09	-	-	Upgrade
Long-Term Deferred Tax Liabilities	10.16	8.31	6.83	6.51	5.21	2.07	Upgrade
Total Liabilities	13.07	12.42	8.61	7.42	6.88	7.49	Upgrade
Common Stock	80.09	80.1	67.57	60.67	50.59	48.21	Upgrade
Retained Earnings	-27.94	-26.89	-23.09	-17.16	-16.6	-12.52	Upgrade
Comprehensive Income & Other	1.28	0.96	0.54	0.92	1.85	3.96	Upgrade
Total Common Equity	53.43	54.17	45.03	44.43	35.84	39.65	Upgrade
Shareholders' Equity	53.43	54.17	45.03	44.43	35.84	39.65	Upgrade
Total Liabilities & Equity	66.49	66.6	53.64	51.84	42.72	47.14	Upgrade
Total Debt	0.04	0.06	0.09	0.12	-	-	Upgrade
Net Cash (Debt)	9.17	15.67	8.86	8.2	2.76	20.45	Upgrade
Net Cash Growth	49.12%	76.86%	8.01%	196.85%	-86.49%	820.93%	Upgrade
Net Cash Per Share	0.02	0.03	0.02	0.03	0.01	0.12	Upgrade
Filing Date Shares Outstanding	575.82	787.01	513.1	315.22	282.22	214.09	Upgrade
Total Common Shares Outstanding	575.82	787.01	513.1	315.21	217.02	209.78	Upgrade
Working Capital	7.56	13.22	8.09	8.23	1.97	15.95	Upgrade
Book Value Per Share	0.09	0.07	0.09	0.14	0.17	0.19	Upgrade
Tangible Book Value	53.43	54.17	45.03	44.43	35.84	39.65	Upgrade
Tangible Book Value Per Share	0.09	0.07	0.09	0.14	0.17	0.19	Upgrade
Machinery	-	0.54	0.5	0.5	0.48	0.28	Upgrade

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.