Sun Communities Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	10,962	10,918	14,715	14,251	11,657
Total Real Estate Assets	10,962	10,918	14,715	14,251	11,657
Cash & Equivalents	569.6	47.9	29.2	72.8	65.8
Accounts Receivable	235.4	180.6	160.5	198.1	151.9
Other Receivables	95.4	152.2	182.8	101.3	23.5
Investment In Debt and Equity Securities	-	-	-	127.3	186.9
Goodwill	9.5	9.5	733	1,018	495.4
Other Intangible Assets	101.5	102.5	369.5	402	306.8
Loans Receivable Current	44.5	148.5	134.5	317.9	294.2
Restricted Cash	66.5	9.2	13.5	17.6	12.4
Other Current Assets	142.9	129.8	205.6	202.7	51.8
Trading Asset Securities	-	6.3	11.7	32	0.4
Deferred Long-Term Tax Assets	-	-	58.1	32.2	3
Deferred Long-Term Charges	11.6	-	-	13.1	6.4
Other Long-Term Assets	284.4	4,845	327.7	297.5	238.8
Total Assets	12,523	16,549	16,941	17,084	13,494
Current Portion of Long-Term Debt	534.8	-	-	-	-
Current Portion of Leases	6.5	-	-	-	-
Long-Term Debt	3,724	7,710	8,145	7,537	5,672
Long-Term Leases	43.1	48.7	173.8	175.3	133.4
Accrued Expenses	228.1	265.8	313.7	396.3	237.5
Other Current Liabilities	131.1	409.5	118.2	111.3	98.4
Long-Term Deferred Tax Liabilities	-	360.3	335.2	340.8	20.7
Other Long-Term Liabilities	782.6	562.3	682.1	635.1	601.7
Total Liabilities	5,450	9,357	9,768	9,196	6,764
Common Stock	1.2	1.3	1.2	1.2	1.2
Additional Paid-In Capital	9,563	9,864	9,467	9,550	8,176
Distributions in Excess of Earnings	-2,635	-2,776	-2,398	-1,731	-1,556
Comprehensive Income & Other	26.5	-7.9	12.2	-9.9	3.1
Total Common Equity	6,956	7,082	7,083	7,810	6,624
Minority Interest	116.7	111.1	90.2	78.7	106.7
Shareholders' Equity	7,073	7,193	7,173	7,889	6,731
Total Liabilities & Equity	12,523	16,549	16,941	17,084	13,494
Total Debt	4,308	7,759	8,319	7,712	5,805
Net Cash (Debt)	-3,739	-7,705	-8,278	-7,607	-5,739
Net Cash Per Share	-29.93	-60.57	-66.86	-61.90	-49.86
Filing Date Shares Outstanding	123.18	127.38	124.41	124.1	115.96
Total Common Shares Outstanding	123.49	127.44	124.44	124.04	115.98
Book Value Per Share	56.33	55.57	56.92	62.96	57.11
Tangible Book Value	6,845	6,970	5,980	6,389	5,822
Tangible Book Value Per Share	55.43	54.69	48.06	51.51	50.20
Land	3,503	3,462	4,278	4,322	2,556
Buildings	940.2	834.1	744.4	645.2	591.7

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.