The North West Company Balance Sheet

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

Millions CAD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Cash & Equivalents	83.03	67.39	53.36	58.81	49.43	71.54
Cash & Short-Term Investments	83.03	67.39	53.36	58.81	49.43	71.54
Cash Growth	23.95%	26.29%	-9.27%	18.98%	-30.91%	153.79%
Accounts Receivable	68.64	75.49	83.62	81.19	74.68	71.08
Other Receivables	31.25	43.54	37.99	32.61	24.57	20.36
Receivables	112.39	119.02	121.61	113.8	99.24	91.44
Inventory	382.2	342.4	313.41	293.84	247.99	226.96
Prepaid Expenses	24.22	21.46	14.53	8.4	6.7	6.92
Total Current Assets	601.84	550.27	502.91	474.84	403.36	396.86
Property, Plant & Equipment	849.18	837.97	759.18	708.94	655.3	639.56
Long-Term Investments	-	17.14	16.9	16.22	14.46	12.48
Goodwill	52.26	53.68	50.52	50.43	48.5	48.26
Other Intangible Assets	27.4	28.23	29.77	30.69	34.09	36.15
Long-Term Deferred Tax Assets	28.28	19.06	16.83	21.71	21.75	7.29
Other Long-Term Assets	40.75	21.17	15.35	7.75	1.53	1.55
Total Assets	1,600	1,528	1,396	1,337	1,219	1,191
Accounts Payable	238.88	247.43	224.96	220.69	213.73	197.77
Accrued Expenses	2.38	2.75	3.34	4.79	7.59	7.43
Current Portion of Long-Term Debt	-	-	0.27	0.27	46.26	90.46
Current Portion of Leases	20.11	20.85	19.41	18.64	18.06	16.39
Current Income Taxes Payable	5.15	3.83	2.69	4.21	8.85	3.08
Total Current Liabilities	266.52	274.85	250.66	248.61	294.49	315.14
Long-Term Debt	349.82	295.78	281.31	289.78	189.38	190.97
Long-Term Leases	107.98	105.56	104.48	93.83	96.02	104.23
Pension & Post-Retirement Benefits	21.69	20.86	18.73	18.23	21.71	38.45
Long-Term Deferred Tax Liabilities	12.89	12.97	13.38	14.31	14.48	12.49
Other Long-Term Liabilities	23.23	22.78	21.68	24.23	22.99	24.68
Total Liabilities	782.13	732.79	690.24	688.99	639.07	685.94
Common Stock	179.45	179.82	177.95	176.09	173.08	174.21
Additional Paid-In Capital	4.24	5.74	9.36	13.02	12.53	13.39
Retained Earnings	566.66	529.92	464.56	407.18	355.67	282.09
Comprehensive Income & Other	45.18	56.53	32.83	32.93	22.35	21.61
Total Common Equity	795.52	772.01	684.69	629.22	563.64	491.3
Minority Interest	22.07	22.71	21.08	18.68	16.57	13.93
Shareholders' Equity	817.59	794.71	705.77	647.9	580.2	505.23
Total Liabilities & Equity	1,600	1,528	1,396	1,337	1,219	1,191
Total Debt	477.91	422.18	405.47	402.53	349.71	402.04
Net Cash (Debt)	-394.88	-354.8	-352.11	-343.72	-300.28	-330.51
Net Cash Per Share	-8.10	-7.31	-7.27	-7.07	-6.12	-6.67
Filing Date Shares Outstanding	47.56	47.75	47.58	47.69	47.87	48.61
Total Common Shares Outstanding	47.56	47.75	47.58	47.69	47.87	48.61
Working Capital	335.33	275.41	252.25	226.24	108.87	81.73
Book Value Per Share	16.73	16.17	14.39	13.20	11.77	10.11
Tangible Book Value	715.85	690.1	604.41	548.1	481.04	406.89
Tangible Book Value Per Share	15.05	14.45	12.70	11.49	10.05	8.37
Land	-	22.85	21.63	20.54	19.91	18.85
Buildings	-	803.87	729.06	666.46	622.53	599.93
Machinery	-	670.27	613.35	573.62	549.12	528.39
Construction In Progress	-	66.58	41.78	60.43	27.55	20.95
Leasehold Improvements	-	83.26	80.45	70.09	67.2	59.44

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