FRA:N5Z 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	101.64	77.88	88.61	69.14	16.6	43.45
Cash & Short-Term Investments	101.64	77.88	88.61	69.14	16.6	43.45
Cash Growth	30.86%	-12.12%	28.16%	316.50%	-61.79%	683.68%
Accounts Receivable	159.41	146.27	117.33	89.01	74.18	39.12
Other Receivables	28.7	23.94	15.55	10.61	4.37	4.12
Receivables	188.1	170.21	132.88	99.61	78.55	43.24
Inventory	74.23	74.08	64.96	49.9	44.54	19.15
Prepaid Expenses	8.67	7.68	7.4	10.59	6.83	4.98
Other Current Assets	0.11	0.68	1.34	1.12	0.66	8.46
Total Current Assets	372.75	330.52	295.2	230.36	147.18	119.28
Property, Plant & Equipment	1,398	1,259	1,156	660.55	655.72	650.4
Long-Term Investments	85.37	84.69	81.44	75.64	55.97	46.26
Goodwill	-	0.52	0.53	0.54	0.54	-
Other Intangible Assets	10.66	9.9	6.97	6.77	3.86	0.38
Long-Term Deferred Tax Assets	-	-	-	0.39	-	16.41
Long-Term Deferred Charges	-	4.85	5.89	0.89	3.51	1.97
Other Long-Term Assets	5.51	4.37	0.38	1.93	1.58	4.37
Total Assets	1,872	1,694	1,546	979.51	869.28	839.06
Accounts Payable	122.7	110.75	146.19	102.55	76.25	41.43
Accrued Expenses	77.43	46.14	31.65	21.68	22.6	15.01
Short-Term Debt	-	8.3	11.39	-	-	-
Current Portion of Long-Term Debt	152.44	84.19	81.31	42.09	19.69	16.26
Current Portion of Leases	1.58	1.77	1.74	2.47	28.35	30.9
Current Income Taxes Payable	-	20.45	26.52	8.19	5.06	3.21
Current Unearned Revenue	22.88	1.94	0.06	1.41	3.35	1.51
Other Current Liabilities	31.42	42.31	25.18	13.92	5.73	1.17
Total Current Liabilities	408.45	315.86	324.02	192.3	161.03	109.48
Long-Term Debt	659.16	664.84	558.46	345.56	258.09	290.47
Long-Term Leases	97.66	66	64.16	45.27	89.09	107.62
Long-Term Unearned Revenue	-	19.03	16.11	-	2.95	4.75
Long-Term Deferred Tax Liabilities	139.07	125.38	108.82	71.89	56.2	64.2
Other Long-Term Liabilities	96.43	114.26	118.24	18.58	23.45	14.1
Total Liabilities	1,401	1,305	1,190	673.59	590.82	590.62
Common Stock	288.52	228.96	229.46	229.46	246.94	255.06
Additional Paid-In Capital	7.73	20.82	20.74	22.1	37.46	46.54
Retained Earnings	179.61	156.13	123.03	70.5	11.86	-35.16
Treasury Stock	-14.74	-15.91	-16.17	-16.44	-17.8	-18
Comprehensive Income & Other	9.97	-1.09	-0.41	0.31	0	-
Total Common Equity	471.09	388.9	356.65	305.92	278.46	248.44
Shareholders' Equity	471.09	388.9	356.65	305.92	278.46	248.44
Total Liabilities & Equity	1,872	1,694	1,546	979.51	869.28	839.06
Total Debt	910.83	825.1	717.06	435.39	395.23	445.25
Net Cash (Debt)	-809.2	-747.23	-628.44	-366.24	-378.63	-401.81
Net Cash Per Share	-24.76	-22.61	-19.03	-10.77	-11.15	-12.44
Filing Date Shares Outstanding	28.56	28.7	26.73	26.41	28.45	28.78
Total Common Shares Outstanding	28.58	26.7	26.74	26.42	28.46	29.17
Working Capital	-35.7	14.66	-28.82	38.06	-13.86	9.79
Book Value Per Share	16.49	14.56	13.34	11.58	9.79	8.52
Tangible Book Value	460.43	378.48	349.16	298.6	274.06	248.07
Tangible Book Value Per Share	16.11	14.17	13.06	11.30	9.63	8.51
Land	-	10.47	10.47	10.47	10.47	10.47
Buildings	-	45.47	45.68	29.73	29.41	22.58
Machinery	-	683.73	582.75	428.69	420.25	415.71
Order Backlog	-	3,116	2,195	568.84	841	736.55

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