Pason Systems 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	73.46	77.2	171.77	132.06	158.28	149.28
Short-Term Investments	2.14	3.58	-	40.38	-	-
Cash & Short-Term Investments	75.6	80.78	171.77	172.43	158.28	149.28
Cash Growth	2.24%	-52.97%	-0.38%	8.94%	6.03%	-7.29%
Accounts Receivable	82.82	88.93	63.01	77.72	48.28	24.3
Other Receivables	1.3	2.93	3.65	7.1	1.17	4.93
Receivables	84.13	91.85	66.66	84.82	49.45	29.24
Inventory	17.23	20.78	17.87	15.64	-	-
Prepaid Expenses	8.09	11.28	11.59	10.92	5.2	2.97
Other Current Assets	-	-	-	0.96	13.63	15.3
Total Current Assets	185.05	204.69	267.88	284.78	226.57	196.8
Property, Plant & Equipment	197.43	194.81	121.12	97.7	82.27	94.99
Long-Term Investments	3.25	2.99	60.33	47.84	30.05	24.72
Goodwill	158.59	160.86	33.56	33.32	32.62	32.72
Other Intangible Assets	47.63	45	1.52	2.28	3.9	6.36
Long-Term Deferred Charges	-	6.27	3.47	4.02	4.55	5.83
Total Assets	591.95	614.61	487.88	469.93	379.94	361.42
Accounts Payable	55.6	19.31	15.74	20.72	8.61	3.62
Accrued Expenses	7.98	6.86	5.49	6.03	2.65	1.43
Current Portion of Leases	2.45	2.17	1.15	1.82	1.79	1.93
Current Income Taxes Payable	2.03	6.99	0.86	2.86	6.57	2.04
Current Unearned Revenue	-	12.86	6.09	-	-	-
Other Current Liabilities	5.12	35.91	25.99	39.45	22.87	20.42
Total Current Liabilities	73.18	84.1	55.32	70.88	42.48	29.43
Long-Term Leases	13.94	13.25	11.84	3.71	5.54	4.24
Long-Term Deferred Tax Liabilities	13.62	17.35	11.46	6.51	5.84	7.93
Other Long-Term Liabilities	7.78	4.24	8.3	7.87	18.31	14.54
Total Liabilities	108.52	118.94	86.92	88.97	72.16	56.13
Common Stock	165.77	167.8	163.29	164.14	162.57	164.57
Retained Earnings	246.32	247.47	172.88	137.92	72.6	63.61
Comprehensive Income & Other	81.6	89.14	71.89	84.43	76.31	78.89
Total Common Equity	493.68	504.41	408.06	386.48	311.48	307.06
Minority Interest	-10.25	-8.74	-7.1	-5.52	-3.69	-1.78
Shareholders' Equity	483.43	495.67	400.96	380.96	307.78	305.28
Total Liabilities & Equity	591.95	614.61	487.88	469.93	379.94	361.42
Total Debt	16.39	15.42	12.99	5.53	7.33	6.17
Net Cash (Debt)	59.21	65.36	158.78	166.91	150.95	143.11
Net Cash Growth	1.07%	-58.84%	-4.87%	10.57%	5.48%	-2.12%
Net Cash Per Share	0.75	0.82	1.96	2.02	1.82	1.70
Filing Date Shares Outstanding	78.02	79.43	79.47	81.37	82.08	83.09
Total Common Shares Outstanding	78.02	79.43	79.69	81.53	82.19	83.09
Working Capital	111.87	120.58	212.56	213.9	184.08	167.37
Book Value Per Share	6.33	6.35	5.12	4.74	3.79	3.70
Tangible Book Value	287.46	298.55	372.98	350.88	274.96	267.98
Tangible Book Value Per Share	3.68	3.76	4.68	4.30	3.35	3.23
Machinery	-	511.02	434.32	436.26	405.38	434.21

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