FRA:2GL 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	9,546	9,241	9,004	8,542	8,629
Cash & Equivalents	224.31	462.63	683.98	239.08	724.6
Accounts Receivable	2,806	2,588	2,024	1,903	1,202
Investment In Debt and Equity Securities	-	560.83	-	-	-
Loans Receivable Current	248	160.59	39.04	-	-
Other Current Assets	-	-	-	-	77.73
Other Long-Term Assets	84.95	63.46	55.72	246.11	57.09
Total Assets	12,910	13,076	11,807	10,930	10,690
Current Portion of Long-Term Debt	3.46	850	400	500	-
Current Portion of Leases	20	-	-	-	-
Long-Term Debt	7,200	6,886	6,228	5,628	6,552
Long-Term Leases	283.7	305.76	251.11	235.76	237.25
Accounts Payable	6.64	5.8	7.01	6.56	63.54
Accrued Expenses	116.46	112.91	90.56	89.04	78.61
Long-Term Unearned Revenue	205.79	228.51	284.89	324.77	329.07
Other Long-Term Liabilities	65.03	41.57	36.57	27.69	39.46
Total Liabilities	7,901	8,430	7,298	6,812	7,300
Common Stock	2.83	2.74	2.71	2.61	2.47
Additional Paid-In Capital	6,613	6,210	6,052	5,574	4,954
Retained Earnings	-1,991	-1,944	-1,898	-1,798	-1,771
Comprehensive Income & Other	0.9	-	-	-	-
Total Common Equity	4,626	4,269	4,157	3,778	3,185
Minority Interest	381.81	376.96	352.05	340.14	205.13
Shareholders' Equity	5,008	4,646	4,509	4,118	3,390
Total Liabilities & Equity	12,910	13,076	11,807	10,930	10,690
Total Debt	7,507	8,042	6,879	6,364	6,790
Net Cash (Debt)	-7,283	-7,579	-6,195	-6,125	-6,065
Net Cash Per Share	-26.02	-27.71	-23.38	-24.13	-25.67
Filing Date Shares Outstanding	283.22	274.83	271.5	262.35	247.54
Total Common Shares Outstanding	283.04	274.42	270.92	260.73	247.21
Book Value Per Share	16.35	15.55	15.34	14.49	12.88
Tangible Book Value	4,626	4,269	4,157	3,778	3,185
Tangible Book Value Per Share	16.35	15.55	15.34	14.49	12.88
Land	4,537	4,532	4,287	3,917	3,872
Buildings	7,353	6,962	6,787	6,407	6,312
Construction In Progress	230.83	39.54	-	29.56	5.7

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