Ladder Capital Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	37.95	1,323	1,016	609.08	548.74
Long-Term Investments	2,133	1,111	537.23	593.74	726.43
Trading Asset Securities	0.26	0.44	1.45	2.04	0.4
Loans & Lease Receivables	2,170	1,539	3,112	3,865	3,522
Other Receivables	19.29	15.54	25.33	26.24	14.05
Property, Plant & Equipment	664.97	620.19	665.39	635.17	790.86
Other Intangible Assets	51.87	50.62	61.05	64.96	74.84
Restricted Cash	14.89	12.61	15.45	50.52	72.8
Other Current Assets	-	-	-	-	25.18
Long-Term Deferred Charges	10.2	9.2	4	5	2.9
Other Long-Term Assets	22.14	136.4	48.3	72.04	73.07
Total Assets	5,153	4,845	5,513	5,951	5,851
Accrued Expenses	76.45	74.82	65.14	65.83	40.25
Short-Term Debt	627.01	-	-	-	-
Current Portion of Long-Term Debt	-	62.74	374.67	481.46	374.26
Current Portion of Leases	2.6	-	-	-	-
Long-Term Debt	2,883	3,073	3,409	3,764	3,845
Long-Term Leases	11.7	-	-	-	-
Other Current Liabilities	31.82	31.84	32.29	34.4	27.59
Long-Term Deferred Tax Liabilities	6.7	4.6	3	1.8	2.3
Other Long-Term Liabilities	31.52	65.26	96.1	69.89	47.79
Total Liabilities	3,671	3,312	3,980	4,418	4,338
Common Stock	0.13	0.13	0.13	0.13	0.13
Additional Paid-In Capital	1,787	1,777	1,757	1,827	1,795
Retained Earnings	-260.08	-206.87	-197.88	-177.01	-207.8
Comprehensive Income & Other	-4.14	-4.87	-13.85	-21.01	-4.11
Total Common Equity	1,484	1,535	1,533	1,533	1,507
Minority Interest	-2.57	-2.09	-0.95	0.22	6.48
Shareholders' Equity	1,481	1,533	1,532	1,534	1,514
Total Liabilities & Equity	5,153	4,845	5,513	5,951	5,851
Total Debt	3,525	3,136	3,784	4,246	4,220
Net Cash (Debt)	-3,486	-1,812	-2,767	-3,635	-3,671
Net Cash Per Share	-27.63	-14.40	-22.16	-28.89	-29.47
Filing Date Shares Outstanding	127.23	127.11	126.62	126.5	126.62
Total Common Shares Outstanding	127.23	127.11	126.91	126.5	125.45
Working Capital	1,533	2,749	3,725	3,999	3,741
Book Value Per Share	11.66	12.08	12.08	12.12	12.01
Tangible Book Value	1,432	1,484	1,472	1,468	1,432
Tangible Book Value Per Share	11.26	11.68	11.60	11.61	11.42

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