AGF Management Balance Sheet

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Cash & Equivalents	47.65	52.96	50.45	58.62	86.48
Short-Term Investments	1.23	1.11	0.72	0.87	1.24
Trading Asset Securities	17.73	19.07	21.47	19.82	21.84
Cash & Short-Term Investments	66.6	73.13	72.64	79.3	109.56
Cash Growth	-8.93%	0.67%	-8.39%	-27.62%	-2.34%
Accounts Receivable	28	32.04	36.65	40.73	37.66
Other Receivables	22.06	10.97	6.6	2.44	5.8
Receivables	50.06	43.02	43.25	43.17	43.46
Prepaid Expenses	10.08	8.48	-	-	-
Other Current Assets	4.33	1.08	0.97	-	-
Total Current Assets	131.07	125.71	116.86	122.47	153.02
Property, Plant & Equipment	90.33	92.19	97.62	97.48	92.99
Long-Term Investments	453.52	344.87	259.09	202.12	162.7
Goodwill	273.96	273.96	250.83	250.83	250.83
Other Intangible Assets	774.61	775.21	692.28	692.16	692.4
Long-Term Deferred Tax Assets	9.24	8.19	3.6	3.89	6.09
Other Long-Term Assets	-	-	-	0.04	1.34
Total Assets	1,745	1,633	1,420	1,369	1,359
Accounts Payable	-	-	-	18.24	20.36
Accrued Expenses	121.56	113.42	59.43	56.24	61.89
Current Portion of Leases	6.12	6.12	5.96	0.99	3.92
Other Current Liabilities	3.36	0.89	18.86	0.25	0.65
Total Current Liabilities	131.04	120.43	84.25	75.72	86.82
Long-Term Debt	41.84	14.66	5.82	21.59	-
Long-Term Leases	73.45	75.06	78.1	80.28	80.71
Long-Term Deferred Tax Liabilities	181.4	177.94	152.83	150.61	150.29
Other Long-Term Liabilities	82.43	85.53	10.37	10.25	10.42
Total Liabilities	510.15	473.62	331.38	338.44	328.24
Common Stock	388.99	393.22	390.5	391.72	426.19
Additional Paid-In Capital	44.73	45.14	44.46	41.88	40.18
Retained Earnings	773.22	686.86	651.07	593.95	561.79
Comprehensive Income & Other	3.31	3.21	2.87	3	2.95
Total Common Equity	1,210	1,128	1,089	1,031	1,031
Minority Interest	24.82	30.65	-	-	-
Shareholders' Equity	1,235	1,159	1,089	1,031	1,031
Total Liabilities & Equity	1,745	1,633	1,420	1,369	1,359
Total Debt	121.4	95.84	89.89	102.86	84.63
Net Cash (Debt)	-54.8	-22.7	-17.24	-23.56	24.93
Net Cash Growth	-	-	-	-	-5.98%
Net Cash Per Share	-0.81	-0.34	-0.26	-0.34	0.35
Filing Date Shares Outstanding	64.27	64.7	64.33	64.47	70.01
Total Common Shares Outstanding	64.27	64.7	64.33	64.47	70.01
Working Capital	0.04	5.28	32.61	46.75	66.2
Book Value Per Share	18.83	17.44	16.93	15.99	14.73
Tangible Book Value	161.68	79.26	145.78	87.56	87.9
Tangible Book Value Per Share	2.52	1.22	2.27	1.36	1.26
Machinery	12.93	12.92	13.2	12.23	12.89
Leasehold Improvements	26.54	23.93	23.38	22.41	20.35

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