Saul Centers 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	2,057	2,026	1,892	1,720	1,634	1,517
Cash & Equivalents	11.79	10.3	8.41	13.28	14.59	26.86
Accounts Receivable	58.97	50.61	55.66	55.92	58.22	64.45
Other Intangible Assets	-	0.34	0.37	0.41	0.44	0.47
Trading Asset Securities	1.38	4.09	2.74	3.96	-	-
Deferred Long-Term Charges	26.19	25.91	23.73	22.39	24.01	26.87
Other Long-Term Assets	12.56	9.15	11.59	17.69	15.49	9.84
Total Assets	2,168	2,126	1,994	1,833	1,747	1,646
Current Portion of Long-Term Debt	9.03	222.65	-	-	-	-
Long-Term Debt	1,579	1,310	1,387	1,223	1,144	1,151
Long-Term Leases	1.2	1.8	-	-	-	-
Accounts Payable	41.73	40.66	52.62	38.78	21.26	20.7
Accrued Expenses	1.1	1.2	1.1	1.2	1.1	0.78
Other Current Liabilities	23.91	23.47	22.94	22.45	21.67	19.45
Long-Term Unearned Revenue	23.67	23.03	22.75	23.17	25.19	23.29
Other Long-Term Liabilities	2.7	2.5	3.3	3	3.2	2.9
Total Liabilities	1,682	1,625	1,490	1,312	1,216	1,218
Preferred Stock, Redeemable	185	185	185	185	185	185
Common Stock	0.25	0.24	0.24	0.24	0.24	0.24
Additional Paid-In Capital	457.28	454.09	449.96	446.3	436.61	420.63
Distributions in Excess of Earnings	-326.98	-306.54	-288.83	-273.56	-256.45	-241.54
Comprehensive Income & Other	1.08	2.97	2.01	42.5	39.65	-
Total Common Equity	131.63	150.75	163.39	215.48	220.05	179.33
Minority Interest	168.58	165.37	156.04	121.32	125.44	63.21
Shareholders' Equity	485.21	501.12	504.43	521.8	530.49	427.53
Total Liabilities & Equity	2,168	2,126	1,994	1,833	1,747	1,646
Total Debt	1,589	1,534	1,387	1,223	1,144	1,151
Net Cash (Debt)	-1,576	-1,520	-1,376	-1,206	-1,129	-1,124
Net Cash Per Share	-65.09	-62.96	-57.20	-50.29	-47.72	-48.13
Filing Date Shares Outstanding	24.41	24.2	23.98	23.91	23.84	23.5
Total Common Shares Outstanding	24.49	24.3	24.08	24.02	23.84	23.48
Book Value Per Share	5.37	6.20	6.78	8.97	9.23	7.64
Tangible Book Value	131.63	150.41	163.02	215.08	219.61	178.85
Tangible Book Value Per Share	5.37	6.19	6.77	8.96	9.21	7.62
Land	556.5	562.05	511.53	511.53	511.53	511.48
Buildings	1,930	1,904	1,595	1,574	1,567	1,544
Construction In Progress	371.52	326.19	514.55	322.23	205.91	69.48

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