FRA:4U9 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	920.73	906.45	852.65	781.13	703.69	633.28
Cash & Equivalents	3.38	4.38	3.49	11.23	2.35	2.48
Accounts Receivable	32.68	27.58	26.15	21.14	17.12	13.37
Other Intangible Assets	1.48	1.93	2.65	2.4	0.61	0.62
Loans Receivable Current	1.96	15.73	30.78	32.71	26	15.01
Restricted Cash	-	-	1.14	0.84	0.52	0.41
Other Current Assets	13.1	12.53	10.98	2.83	1.94	1.73
Trading Asset Securities	7.58	17.63	16.42	22.67	0.34	-
Deferred Long-Term Tax Assets	-	-	-	0.31	0.35	0.52
Deferred Long-Term Charges	3.14	3.73	0.47	0.68	0.9	0.48
Other Long-Term Assets	1.21	0.62	0.68	0.5	0.43	0.5
Total Assets	987.26	992.56	945.41	876.43	754.23	668.4
Current Portion of Long-Term Debt	0.01	-	-	-	5.32	11.85
Current Portion of Leases	0.05	0.2	-	-	-	-
Long-Term Debt	530.14	485.96	403.26	353	265.63	212.37
Long-Term Leases	3.95	3.83	4.05	4.07	3.77	0.79
Accounts Payable	17.21	14.29	12.03	11.38	7.85	5.74
Long-Term Unearned Revenue	4.66	6.5	5.38	3.85	3.79	2.6
Other Long-Term Liabilities	4.42	5.83	7.44	7.32	5.77	5.13
Total Liabilities	560.44	516.6	432.16	379.61	292.12	238.49
Common Stock	0.29	0.28	0.28	0.26	0.25	0.24
Additional Paid-In Capital	714.89	704.52	688.16	625.14	595.62	550.39
Distributions in Excess of Earnings	-295.92	-246.47	-191.59	-151.25	-128.78	-108.87
Comprehensive Income & Other	7.57	17.63	16.42	22.67	-4.98	-11.85
Shareholders' Equity	426.82	475.97	513.26	496.81	462.11	429.92
Total Liabilities & Equity	987.26	992.56	945.41	876.43	754.23	668.4
Total Debt	534.15	489.98	407.31	357.06	274.72	225.01
Net Cash (Debt)	-523.19	-467.97	-387.4	-323.16	-272.02	-222.53
Net Cash Per Share	-19.53	-17.64	-15.37	-13.68	-11.69	-10.31
Filing Date Shares Outstanding	26.95	26.78	26.31	24.32	23.66	22.85
Total Common Shares Outstanding	26.95	26.68	26.24	24.19	23.57	22.72
Book Value Per Share	15.84	17.84	19.56	20.54	19.61	18.92
Tangible Book Value	425.34	474.03	510.61	494.42	461.5	429.3
Tangible Book Value Per Share	15.78	17.77	19.46	20.44	19.58	18.89
Land	154.27	149.5	136.53	117.66	97.4	83.71
Buildings	1,035	996.1	913.42	825.26	736.47	651.4

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