FRA:4GC 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	4,689	4,836	4,943	5,644	5,243	3,220
Cash & Equivalents	26.3	50.41	64.98	35.31	25.01	18.72
Accounts Receivable	6.72	8.69	9.84	13.12	6.23	2.73
Other Receivables	12.29	18.23	12.23	9.55	6.91	8.8
Goodwill	8.18	8.18	8.18	8.18	8.18	8.18
Other Intangible Assets	140.35	146.28	56.74	46.22	69.33	38.58
Restricted Cash	1.57	0.35	22.71	6.89	2.86	2.98
Other Current Assets	11.45	11.39	564.94	26.16	9.55	7.1
Trading Asset Securities	7.51	22.6	29.61	51.47	-	-
Deferred Long-Term Charges	3.53	5.63	8.44	1.39	2.43	2.5
Other Long-Term Assets	235.39	246.39	211.36	227.44	188.99	203.62
Total Assets	5,142	5,354	5,932	6,070	5,563	3,514
Current Portion of Long-Term Debt	-0.23	0.38	-	-	-	-
Current Portion of Leases	-	2.01	-	-	1.92	1.92
Long-Term Debt	3,408	3,449	3,662	3,552	2,975	1,995
Long-Term Leases	22.39	20.88	24.2	25.74	22.06	22.84
Accounts Payable	109.63	98.66	92.77	80.38	59.26	47.04
Long-Term Unearned Revenue	20.36	20.01	27.35	23.21	22.21	16.41
Total Liabilities	3,560	3,591	3,806	3,681	3,080	2,083
Preferred Stock, Redeemable	341.13	340.9	340.65	225.44	218.42	218.32
Common Stock	0.77	0.76	0.82	0.9	0.91	0.71
Additional Paid-In Capital	1,252	1,249	1,510	1,778	1,867	1,051
Distributions in Excess of Earnings	-626.12	-530.65	-449.91	-396.65	-291.26	-251.7
Comprehensive Income & Other	4.86	15.55	21.06	40.53	-19.61	-49.08
Total Common Equity	632	735.09	1,082	1,423	1,557	750.64
Minority Interest	608.92	687.37	703.65	740.81	707.23	461.52
Shareholders' Equity	1,582	1,763	2,126	2,389	2,482	1,430
Total Liabilities & Equity	5,142	5,354	5,932	6,070	5,563	3,514
Total Debt	3,430	3,472	3,686	3,577	2,999	2,020
Net Cash (Debt)	-3,396	-3,399	-3,591	-3,491	-2,974	-2,001
Net Cash Per Share	-44.42	-44.24	-24.59	-38.26	-22.10	-30.04
Filing Date Shares Outstanding	76.94	76.38	79.96	89.88	91.36	71.33
Total Common Shares Outstanding	76.92	76.33	82.26	89.82	91.17	71.26
Book Value Per Share	8.22	9.63	13.15	15.84	17.08	10.53
Tangible Book Value	483.46	580.62	1,017	1,368	1,479	703.88
Tangible Book Value Per Share	6.29	7.61	12.36	15.24	16.23	9.88
Land	1,039	1,047	1,036	1,111	1,028	738.86
Buildings	4,791	4,805	4,746	5,269	4,761	2,892

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