TerraVest Industries Balance Sheet

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	13.95	28.38	24.76	9.39	8.36
Trading Asset Securities	-	-	1.88	2.04	-
Cash & Short-Term Investments	13.95	28.38	26.64	11.43	8.36
Cash Growth	-50.85%	6.53%	133.00%	36.76%	-69.55%
Accounts Receivable	198.21	122.15	119.27	104.95	57.19
Other Receivables	24.5	7.45	9.02	6.74	6.41
Receivables	222.72	129.6	128.29	111.69	63.61
Inventory	351.64	211.18	197.25	191.24	136.85
Prepaid Expenses	22.61	18.3	10.8	7.64	6.62
Other Current Assets	2.7	1.43	0.2	0.15	1.97
Total Current Assets	613.61	388.88	363.18	322.15	217.41
Property, Plant & Equipment	525.86	302.66	202.85	190.07	113.74
Long-Term Investments	63.08	17.38	15.22	13.42	10
Goodwill	461.09	77.57	23.98	24.23	30.09
Other Intangible Assets	390.06	58.09	29.65	36.53	16.89
Long-Term Accounts Receivable	2.74	-	-	-	-
Long-Term Deferred Tax Assets	11.23	14.32	11.18	22.22	12.09
Other Long-Term Assets	12.86	8.94	6.86	5.9	6.12
Total Assets	2,081	867.83	652.92	614.52	406.34
Accounts Payable	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	106.67	15.7	29.67	11.11	4.52
Current Portion of Leases	15.53	9.41	6.06	4.95	4.64
Current Income Taxes Payable	2.55	6.13	6.98	2.32	1.83
Current Unearned Revenue	58.18	48.09	34.61	29.77	15.04
Other Current Liabilities	57.2	2.96	3.16	4.34	1.76
Total Current Liabilities	411.94	159.21	190.96	136.88	80.27
Long-Term Debt	647.31	173.16	176.53	228.46	154.18
Long-Term Leases	221.44	104.59	27.36	27.65	26.15
Pension & Post-Retirement Benefits	4.6	3.36	3.55	4.05	5.51
Long-Term Deferred Tax Liabilities	33.08	23.9	16.77	21.57	8.17
Other Long-Term Liabilities	-	4	-	-	-
Total Liabilities	1,318	468.21	415.17	418.61	274.28
Common Stock	563.99	250.64	150.09	150.47	141.71
Additional Paid-In Capital	-	14.84	18.79	20.41	21.03
Retained Earnings	170.71	98.71	44.56	9.46	-29.83
Comprehensive Income & Other	-12.66	3.46	3.63	3.24	-0.85
Total Common Equity	722.04	367.65	217.08	183.57	132.06
Minority Interest	40.12	31.97	20.67	12.34	0
Shareholders' Equity	762.16	399.62	237.74	195.92	132.06
Total Liabilities & Equity	2,081	867.83	652.92	614.52	406.34
Total Debt	990.95	302.86	269.05	275.86	190.61
Net Cash (Debt)	-977	-274.48	-242.41	-264.43	-182.25
Net Cash Per Share	-46.59	-14.20	-13.38	-14.61	-9.93
Filing Date Shares Outstanding	21.69	19.5	18.11	17.89	17.93
Total Common Shares Outstanding	21.69	19.5	17.91	17.89	17.57
Working Capital	201.67	229.67	172.23	185.28	137.13
Book Value Per Share	33.30	18.85	12.12	10.26	7.52
Tangible Book Value	-129.11	231.99	163.45	122.81	85.08
Tangible Book Value Per Share	-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.