FRA:4Z1 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	2,624	2,441	2,228	1,970	1,751	1,529
Cash & Equivalents	6.73	4.08	16.32	26.3	6.3	11.06
Accounts Receivable	76.08	72.04	67.74	63.69	56.71	48.97
Other Intangible Assets	109.93	109.57	103.99	90.01	79.87	70.68
Other Current Assets	13.24	2.97	2.78	11.18	4.68	7.24
Trading Asset Securities	-	20.73	20.95	35.28	2.59	0.76
Deferred Long-Term Tax Assets	1.62	1.45	1.25	0.99	0.86	-
Other Long-Term Assets	2.36	1.61	10.17	1.53	0.7	0.93
Total Assets	2,834	2,653	2,452	2,199	1,903	1,668
Current Portion of Long-Term Debt	155.75	150.47	52.97	0.01	7.52	18.72
Current Portion of Leases	0.17	0.47	-	-	-	-
Long-Term Debt	1,064	987.89	1,063	995.48	877.59	753.88
Long-Term Leases	5.55	3.64	4.64	5.14	5.62	6.06
Accounts Payable	0.69	0.93	1.26	0.77	0.55	0.38
Accrued Expenses	15.95	13.01	13.22	8.34	4.9	3.83
Other Current Liabilities	37	35.36	31.54	29.06	26.66	24.06
Long-Term Unearned Revenue	15.77	6.74	14.31	11.71	11.31	11.93
Other Long-Term Liabilities	3.31	3.72	11.14	9.77	4.95	4.84
Total Liabilities	1,299	1,202	1,192	1,060	939.09	823.68
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,609	1,483	1,262	1,105	958.74	840.46
Retained Earnings	-83.43	-57.73	-26.28	0.58	12.75	26.67
Comprehensive Income & Other	7.88	23.63	21.98	30.94	-9.82	-25.7
Total Common Equity	1,534	1,449	1,258	1,136	961.67	841.44
Minority Interest	2.13	2.18	2.21	2.26	2.22	3.06
Shareholders' Equity	1,536	1,451	1,260	1,138	963.89	844.5
Total Liabilities & Equity	2,834	2,653	2,452	2,199	1,903	1,668
Total Debt	1,226	1,142	1,120	1,001	890.73	778.65
Net Cash (Debt)	-1,219	-1,118	-1,083	-939.06	-881.83	-766.83
Net Cash Per Share	-12.12	-11.88	-12.20	-11.48	-11.48	-10.71
Filing Date Shares Outstanding	106.08	99.97	91.99	86.09	80.36	76.11
Total Common Shares Outstanding	104.46	99.83	91.62	85.64	80.28	75.87
Book Value Per Share	14.68	14.51	13.73	13.27	11.98	11.09
Tangible Book Value	1,424	1,339	1,154	1,046	881.81	770.76
Tangible Book Value Per Share	13.63	13.41	12.59	12.21	10.98	10.16
Land	1,468	1,361	1,241	1,116	966.57	827.5
Buildings	1,808	1,702	1,573	1,404	1,302	1,193

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