Dream Office Real Estate Investment Trust (DRETF)

DRETF Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	2,155	2,158	2,329	2,370	2,557	2,461
Cash & Equivalents	18.05	18.27	13.27	8.02	8.76	13.08
Accounts Receivable	9.39	5.28	0.08	1.28	3.56	3.26
Other Receivables	-	5.04	5.84	10.99	6.37	3.37
Other Current Assets	0.7	106.49	4.44	139.81	6.07	5.96
Deferred Long-Term Tax Assets	0.22	0.32	-	-	-	-
Other Long-Term Assets	238.85	271.91	271.54	493.36	444.17	364.72
Total Assets	2,437	2,585	2,668	3,067	3,066	2,889
Current Portion of Long-Term Debt	43.07	351.54	85.37	265.97	76.54	119.38
Long-Term Debt	1,220	956.08	1,254	1,107	1,207	1,075
Long-Term Leases	3.93	3.95	4	4.06	4.11	4.16
Accounts Payable	2.27	3.66	4.11	5.15	6.12	5.57
Accrued Expenses	31.37	32.95	30.47	25.52	29.97	18.22
Current Unearned Revenue	0.2	3.42	1.57	2.66	1.98	2.29
Other Current Liabilities	64.7	129.66	72.44	22.35	31.51	35.92
Long-Term Deferred Tax Liabilities	-	-	1.96	1.97	1.2	1.48
Other Long-Term Liabilities	29.1	23.16	14.01	100.26	159.06	128.09
Total Liabilities	1,394	1,504	1,468	1,535	1,517	1,390
Common Stock	1,838	1,837	1,837	1,842	1,884	1,944
Retained Earnings	-802.06	-764.79	-642.16	-321.77	-338.59	-451.67
Comprehensive Income & Other	7.02	7.86	5.34	11.93	3.27	6.93
Shareholders' Equity	1,043	1,081	1,200	1,532	1,548	1,499
Total Liabilities & Equity	2,437	2,585	2,668	3,067	3,066	2,889
Total Debt	1,267	1,312	1,343	1,377	1,287	1,198
Net Cash (Debt)	-1,249	-1,293	-1,330	-1,369	-1,279	-1,185
Net Cash Per Share	-76.32	-79.16	-81.54	-59.37	-53.24	-46.82
Filing Date Shares Outstanding	16.36	16.34	16.31	22.94	23.75	25.32
Total Common Shares Outstanding	16.36	16.34	16.31	23.06	24.02	25.32
Book Value Per Share	63.74	66.14	73.58	66.46	64.47	59.21
Tangible Book Value	1,043	1,081	1,200	1,532	1,548	1,499
Tangible Book Value Per Share	63.74	66.14	73.58	66.46	64.47	59.21

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