GFL Environmental 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 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
Cash & Equivalents	194.6	133.8	135.7	82.1	190.4	27.2
Cash & Short-Term Investments	194.6	133.8	135.7	82.1	190.4	27.2
Cash Growth	95.58%	-1.40%	65.29%	-56.88%	600.00%	-95.27%
Accounts Receivable	845.2	1,148	1,061	1,101	1,049	786.4
Other Receivables	57.9	113.6	66.6	16.8	85.9	80.9
Receivables	903.1	1,261	1,128	1,118	1,135	867.3
Prepaid Expenses	265.1	193	123.4	98.7	88.6	76.3
Other Current Assets	-	107.7	98.2	84.2	82	57.4
Total Current Assets	1,363	1,696	1,485	1,383	1,496	1,028
Property, Plant & Equipment	7,164	7,852	6,981	6,540	6,011	5,075
Long-Term Investments	1,992	344.4	319	326.6	-	-
Goodwill	6,818	8,066	7,891	8,182	7,501	6,500
Other Intangible Assets	1,691	2,833	3,056	3,245	3,330	3,093
Long-Term Deferred Tax Assets	-	209.3	64.8	-	-	-
Other Long-Term Assets	327.4	207.4	82.9	90.2	59.1	33.2
Total Assets	19,355	21,207	19,879	19,768	18,397	15,730
Accounts Payable	1,684	812.3	711	656.7	565.7	413.1
Accrued Expenses	-	836.3	760.3	652.9	555.3	431.3
Current Portion of Long-Term Debt	81.6	1,149	15.5	42.7	86.9	76.6
Current Portion of Leases	144.9	69.4	59.6	51.5	50.9	37.5
Current Income Taxes Payable	3.4	-	-	-	25.8	9.1
Current Unearned Revenue	-	231.6	207.8	248.1	198.7	170.4
Other Current Liabilities	51.6	51.7	56.2	1,040	39.1	55.3
Total Current Liabilities	1,966	3,151	1,810	2,692	1,522	1,193
Long-Term Debt	7,269	8,853	8,830	9,258	8,016	6,257
Long-Term Leases	379	477.2	383.4	327.3	257.4	153.7
Long-Term Deferred Tax Liabilities	832.1	464.5	534	582.6	723.9	573.5
Other Long-Term Liabilities	1,103	1,040	935.1	863.9	2,101	1,981
Total Liabilities	11,549	13,986	12,493	13,724	12,620	10,158
Common Stock	7,222	9,938	9,835	8,640	8,463	7,645
Additional Paid-In Capital	149.2	151.3	149.5	109.6	77.4	54.3
Retained Earnings	203.2	-3,574	-2,823	-2,843	-2,511	-1,886
Comprehensive Income & Other	37	462.6	15.1	130.3	-253.7	-241.5
Total Common Equity	7,611	6,978	7,177	6,037	5,776	5,572
Minority Interest	195.2	243.3	209.1	6.9	-	-
Shareholders' Equity	7,806	7,222	7,386	6,044	5,776	5,572
Total Liabilities & Equity	19,355	21,207	19,879	19,768	18,397	15,730
Total Debt	7,874	10,549	9,289	9,679	8,411	6,524
Net Cash (Debt)	-7,680	-10,415	-9,153	-9,597	-8,221	-6,497
Net Cash Per Share	-19.99	-27.35	-24.76	-33.24	-22.74	-18.03
Filing Date Shares Outstanding	359.12	393.38	371.16	343.44	338.29	326.36
Total Common Shares Outstanding	359.12	393.38	371.16	343.44	338.29	326.36
Working Capital	-603.1	-1,455	-325.4	-1,309	-26.7	-165.1
Book Value Per Share	21.19	17.74	19.34	17.58	17.07	17.07
Tangible Book Value	-898	-3,921	-3,770	-5,390	-5,055	-4,022
Tangible Book Value Per Share	-2.50	-9.97	-10.16	-15.69	-14.94	-12.32
Land	1,789	2,096	1,812	1,687	1,483	1,246
Machinery	4,306	4,696	4,109	3,676	3,211	2,544
Construction In Progress	168.9	208.2	148.7	51.6	69.3	83.3

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