TerraVest Industries Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	15.86	13.95	28.38	24.76	9.39	8.36
Trading Asset Securities	-	-	-	1.88	2.04	-
Cash & Short-Term Investments	15.86	13.95	28.38	26.64	11.43	8.36
Cash Growth	-3.81%	-50.85%	6.53%	133.00%	36.76%	-69.55%
Accounts Receivable	183.8	198.21	122.15	119.27	104.95	57.19
Other Receivables	8.17	24.5	7.45	9.02	6.74	6.41
Receivables	191.97	222.72	129.6	128.29	111.69	63.61
Inventory	352.13	351.64	211.18	197.25	191.24	136.85
Prepaid Expenses	21.92	22.61	18.3	10.8	7.64	6.62
Other Current Assets	2.05	2.7	1.43	0.2	0.15	1.97
Total Current Assets	583.92	613.61	388.88	363.18	322.15	217.41
Property, Plant & Equipment	531.04	525.86	302.66	202.85	190.07	113.74
Long-Term Investments	62.11	63.08	17.38	15.22	13.42	10
Goodwill	451.85	461.09	77.57	23.98	24.23	30.09
Other Intangible Assets	369.15	390.06	58.09	29.65	36.53	16.89
Long-Term Accounts Receivable	4.57	2.74	-	-	-	-
Long-Term Deferred Tax Assets	10.86	11.23	14.32	11.18	22.22	12.09
Other Long-Term Assets	12.74	12.86	8.94	6.86	5.9	6.12
Total Assets	2,026	2,081	867.83	652.92	614.52	406.34
Accounts Payable	146.93	86.57	32.87	48.77	45.13	24.98
Accrued Expenses	-	85.23	44.04	32.28	35.58	26.38
Short-Term Debt	-	-	-	29.43	3.69	1.13
Current Portion of Long-Term Debt	105.85	106.67	15.7	29.67	11.11	4.52
Current Portion of Leases	15.94	15.53	9.41	6.06	4.95	4.64
Current Income Taxes Payable	0.84	2.55	6.13	6.98	2.32	1.83
Current Unearned Revenue	106.54	58.18	48.09	34.61	29.77	15.04
Other Current Liabilities	9.53	57.2	2.96	3.16	4.34	1.76
Total Current Liabilities	385.63	411.94	159.21	190.96	136.88	80.27
Long-Term Debt	588.51	647.31	173.16	176.53	228.46	154.18
Long-Term Leases	216.9	221.44	104.59	27.36	27.65	26.15
Pension & Post-Retirement Benefits	4.58	4.6	3.36	3.55	4.05	5.51
Long-Term Deferred Tax Liabilities	38.82	33.08	23.9	16.77	21.57	8.17
Other Long-Term Liabilities	1.15	-	4	-	-	-
Total Liabilities	1,236	1,318	468.21	415.17	418.61	274.28
Common Stock	563.99	563.99	250.64	150.09	150.47	141.71
Additional Paid-In Capital	-	-	14.84	18.79	20.41	21.03
Retained Earnings	199.58	170.71	98.71	44.56	9.46	-29.83
Comprehensive Income & Other	-19.24	-12.66	3.46	3.63	3.24	-0.85
Total Common Equity	744.33	722.04	367.65	217.08	183.57	132.06
Minority Interest	46.31	40.12	31.97	20.67	12.34	0
Shareholders' Equity	790.64	762.16	399.62	237.74	195.92	132.06
Total Liabilities & Equity	2,026	2,081	867.83	652.92	614.52	406.34
Total Debt	927.2	990.95	302.86	269.05	275.86	190.61
Net Cash (Debt)	-911.34	-977	-274.48	-242.41	-264.43	-182.25
Net Cash Per Share	-42.49	-46.59	-14.20	-13.38	-14.61	-9.93
Filing Date Shares Outstanding	21.69	21.69	19.5	18.11	17.89	17.93
Total Common Shares Outstanding	21.69	21.69	19.5	17.91	17.89	17.57
Working Capital	198.29	201.67	229.67	172.23	185.28	137.13
Book Value Per Share	34.32	33.30	18.85	12.12	10.26	7.52
Tangible Book Value	-76.67	-129.11	231.99	163.45	122.81	85.08
Tangible Book Value Per Share	-3.54	-5.95	11.90	9.12	6.87	4.84
Land	-	60.52	42.74	51.84	50.69	32.75
Machinery	-	324.64	233.13	196.89	165.12	96.23
Construction In Progress	-	27.94	13.12	2.09	6.2	5.74

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