Veris Residential 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	2,667	2,793	2,954	3,417	3,516	4,005
Cash & Equivalents	8.78	7.25	28.01	26.78	31.75	38.1
Accounts Receivable	4.02	3.13	7.54	42.45	74.45	93.99
Other Receivables	0.2	0.5	0.7	0.2	0.2	0.3
Goodwill	-	-	-	-	-	2.95
Other Intangible Assets	9.42	9.52	10.03	12.3	42.18	71.61
Loans Receivable Current	-	-	-	1.31	4.01	1.17
Restricted Cash	17.04	17.06	26.57	20.87	19.7	14.21
Other Current Assets	26.52	34.6	92.34	237.73	647.5	692.93
Deferred Long-Term Charges	6.31	6.5	4.03	35.86	53.99	65.55
Other Long-Term Assets	52.84	111.3	117.95	126.16	137.77	162.38
Total Assets	2,792	2,983	3,241	3,921	4,527	5,148
Current Portion of Long-Term Debt	-	-	308	180.25	-	-
Current Portion of Leases	0.32	1.28	1.27	0.19	1.7	1.75
Long-Term Debt	1,434	1,672	1,546	1,724	2,389	2,802
Long-Term Leases	5.58	5.27	6.08	3.04	21.99	21.85
Accounts Payable	45.89	36.2	48.14	68.81	111.29	171.12
Accrued Expenses	5.13	5.26	6.58	7.13	5.76	10
Other Current Liabilities	8.59	8.53	5.54	0.11	0.38	1.49
Long-Term Unearned Revenue	11.58	11.51	14.99	22.94	26.4	34.1
Total Liabilities	1,511	1,740	1,936	2,006	2,557	3,042
Common Stock	0.93	0.93	0.92	0.91	0.91	0.91
Additional Paid-In Capital	2,570	2,564	2,553	2,532	2,530	2,528
Distributions in Excess of Earnings	-1,414	-1,466	-1,418	-1,301	-1,249	-1,130
Comprehensive Income & Other	-0.68	0.15	1.81	3.98	0.01	-
Total Common Equity	1,157	1,099	1,137	1,236	1,282	1,399
Minority Interest	124.27	142.97	167.07	678.88	688.75	706.86
Shareholders' Equity	1,281	1,242	1,305	1,915	1,971	2,106
Total Liabilities & Equity	2,792	2,983	3,241	3,921	4,527	5,148
Total Debt	1,439	1,679	1,861	1,907	2,413	2,825
Net Cash (Debt)	-1,431	-1,672	-1,833	-1,880	-2,381	-2,787
Net Cash Per Share	-14.01	-16.49	-19.95	-20.65	-26.21	-27.80
Filing Date Shares Outstanding	93.36	92.88	92.18	91.11	90.91	90.68
Total Common Shares Outstanding	93.36	92.84	92.18	91.09	90.91	90.66
Book Value Per Share	12.39	11.84	12.34	13.57	14.10	15.43
Tangible Book Value	1,147	1,090	1,127	1,223	1,240	1,324
Tangible Book Value Per Share	12.29	11.74	12.23	13.43	13.64	14.61
Land	438.02	458.95	474.5	492.2	494.94	639.64
Buildings	2,588	2,634	2,782	3,332	3,375	3,744

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