Pollard Banknote Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. 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
Cash & Equivalents	20.77	22.36	8.41	1.48	3.52	1.89
Cash & Short-Term Investments	20.77	22.36	8.41	1.48	3.52	1.89
Cash Growth	272.97%	165.84%	468.70%	-57.95%	86.28%	-74.65%
Accounts Receivable	103.63	91.42	82.84	84.25	73.35	65.21
Other Receivables	13.16	-	2.4	10.07	4.48	0.34
Receivables	116.79	91.42	85.24	94.31	77.83	65.55
Inventory	69.88	67.45	60.51	62.13	45.01	46.62
Prepaid Expenses	12.82	12.24	8.14	6.92	7.58	6.71
Restricted Cash	31.79	37.41	20.91	25.03	19.24	19.06
Total Current Assets	252.05	230.89	183.2	189.87	153.17	139.82
Property, Plant & Equipment	125.51	113.2	100.53	100.62	104.59	96.4
Long-Term Investments	1.69	0.42	0.52	0.55	0.59	0.88
Goodwill	127.9	122.38	110.98	111.16	108.18	89.28
Other Intangible Assets	139.05	128.03	103.93	99.38	94.1	73.82
Long-Term Deferred Tax Assets	29.12	24.46	8.77	1.07	-	3.22
Long-Term Deferred Charges	-	-	-	0.09	0.21	0.33
Other Long-Term Assets	14.12	16.94	7.78	4.01	0.58	0.83
Total Assets	697.14	636.31	515.71	506.73	461.41	404.57
Accounts Payable	115.61	119.58	92.11	90.86	79.13	56.95
Current Portion of Leases	5.68	5.22	4.68	6.08	6.15	5.11
Current Income Taxes Payable	1.96	3.94	0.05	8.72	0.19	4.94
Current Unearned Revenue	3.08	4.12	3.37	1.74	2.24	0.38
Other Current Liabilities	1.35	2.16	1.2	4.68	3.25	3.51
Total Current Liabilities	127.67	135.01	101.41	112.08	90.97	70.89
Long-Term Debt	177.05	151.06	119.69	121.66	115.13	131.08
Long-Term Leases	11.77	12.25	12.87	7.54	10.42	11.83
Long-Term Unearned Revenue	0.18	0.8	0.88	0.42	-	-
Pension & Post-Retirement Benefits	-	-	2.59	-	22.54	36.37
Long-Term Deferred Tax Liabilities	7.8	1.66	2.7	12.62	11.11	10.69
Other Long-Term Liabilities	0.72	1.4	0.77	0.49	4.28	1.32
Total Liabilities	325.2	302.17	240.91	254.8	254.45	262.18
Common Stock	152.2	152.01	150.71	149.85	149.85	109.01
Retained Earnings	188.33	158	119.64	93.17	58.69	30.81
Comprehensive Income & Other	31.41	24.13	4.45	8.91	-1.58	2.56
Shareholders' Equity	371.94	334.13	274.8	251.93	206.96	142.38
Total Liabilities & Equity	697.14	636.31	515.71	506.73	461.41	404.57
Total Debt	194.5	168.52	137.23	135.28	131.7	148.02
Net Cash (Debt)	-173.73	-146.16	-128.82	-133.8	-128.18	-146.13
Net Cash Per Share	-6.30	-5.33	-4.70	-4.91	-4.74	-5.62
Filing Date Shares Outstanding	27.07	27.07	26.97	26.92	26.92	26.89
Total Common Shares Outstanding	27.07	27.06	26.97	26.92	26.92	25.71
Working Capital	124.37	95.88	81.79	77.8	62.2	68.93
Book Value Per Share	13.74	12.35	10.19	9.36	7.69	5.54
Tangible Book Value	104.99	83.72	59.89	41.4	4.68	-20.71
Tangible Book Value Per Share	3.88	3.09	2.22	1.54	0.17	-0.81
Land	-	2.24	2.16	2.19	2.13	2.13
Buildings	-	54.94	51.49	51.96	51.8	46.37
Machinery	-	268.13	248.86	242.58	224.31	207.69
Construction In Progress	-	22.92	14.66	16.41	16.94	10.23
Leasehold Improvements	-	6.92	6.58	6.44	6.3	6.25

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