FRA:1QY Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	4,540	4,661	4,777	4,908	1,581	1,668
Cash & Equivalents	83.17	131.71	112.34	48.26	29.4	22.83
Accounts Receivable	130.09	129.16	119.17	107.01	75.88	69.51
Other Receivables	-	-	-	-	-	2.67
Other Intangible Assets	172.33	10.81	12.86	15.72	7.5	8.92
Restricted Cash	94.53	110.77	133.38	92.52	-	-
Trading Asset Securities	5.34	16.92	30.58	73.13	-	-
Deferred Long-Term Charges	-	212.08	251.31	299.74	55.94	80.79
Other Long-Term Assets	162.85	134.2	127.29	132.07	158.5	63.36
Total Assets	5,219	5,406	5,564	5,676	1,909	1,916
Current Portion of Long-Term Debt	4.76	2,654	-	-	-	-
Long-Term Debt	4,192	1,647	4,306	4,245	828.12	866.58
Long-Term Leases	3.94	4.29	4.65	5.15	-	-
Accounts Payable	83.2	65.69	61.03	61.46	20.83	7.78
Accrued Expenses	-	6.78	6.78	6.94	6.94	6.94
Long-Term Unearned Revenue	-	-	-	-	-	7.81
Other Long-Term Liabilities	21.14	19.71	23.5	27.35	14.62	23.45
Total Liabilities	4,305	4,397	4,402	4,345	870.52	912.56
Common Stock	0.67	0.66	0.66	0.66	0.65	0.65
Additional Paid-In Capital	1,019	1,017	1,016	1,014	1,012	1,011
Distributions in Excess of Earnings	-524.01	-454.96	-356.65	-246.04	-	-8.28
Retained Earnings	-	-	-	-	25.16	-
Comprehensive Income & Other	-1.28	-1.07	10.17	21.9	-	-
Total Common Equity	494.12	562.02	669.95	790.72	1,038	1,003
Minority Interest	419.51	447.31	491.83	540.05	-	-
Shareholders' Equity	913.63	1,009	1,162	1,331	1,038	1,003
Total Liabilities & Equity	5,219	5,406	5,564	5,676	1,909	1,916
Total Debt	4,201	4,305	4,311	4,250	828.12	866.58
Net Cash (Debt)	-4,112	-4,156	-4,168	-4,128	-798.73	-843.75
Net Cash Per Share	-62.38	-63.26	-63.70	-63.27	-12.25	-12.96
Filing Date Shares Outstanding	66.66	66.14	65.84	65.57	65.4	65.3
Total Common Shares Outstanding	66.66	66.14	65.84	65.57	65.4	65.3
Book Value Per Share	7.41	8.50	10.17	12.06	15.87	15.36
Tangible Book Value	321.79	551.21	657.1	775.01	1,031	994.27
Tangible Book Value Per Share	4.83	8.33	9.98	11.82	15.76	15.23
Land	1,110	1,114	1,114	1,118	699.04	709.1
Buildings	4,035	4,067	4,056	4,058	1,050	1,100

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