DREUF Balance Sheet

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

Millions CAD. 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
Property, Plant & Equipment	6,633	7,032	6,924	6,759	5,697
Cash & Equivalents	41.43	80.28	49.92	83.8	164.02
Accounts Receivable	20.88	10.14	13.26	8.48	1.65
Other Receivables	16.71	18.67	18.44	19.2	6.21
Investment In Debt and Equity Securities	1.57	10.33	34.9	89.08	39.45
Loans Receivable Current	27.71	-	-	-	-
Other Current Assets	813.73	18.72	2.97	4.05	4.87
Trading Asset Securities	-	41.52	2.9	-	-
Other Long-Term Assets	887.58	911.18	811.69	316.47	140.77
Total Assets	8,443	8,123	7,858	7,280	6,054
Current Portion of Long-Term Debt	508.3	892.7	310.28	275.54	38.35
Long-Term Debt	2,763	2,124	2,565	2,138	2,016
Long-Term Leases	11.94	11.7	11.74	11.84	12.03
Accounts Payable	125.96	67.63	75.8	58.37	72.91
Accrued Expenses	26.89	19.48	21.51	4.65	1.56
Current Income Taxes Payable	4.51	1.9	4.91	4.5	0.75
Current Unearned Revenue	12.97	12.48	11.9	10.8	7.63
Other Current Liabilities	110.49	173.83	202.26	14.97	13.64
Long-Term Deferred Tax Liabilities	46.67	53.73	43.61	47.87	29.36
Other Long-Term Liabilities	40.95	33.93	36.38	260.79	362.09
Total Liabilities	3,651	3,391	3,283	2,828	2,554
Common Stock	3,505	3,399	3,340	3,107	2,756
Retained Earnings	1,227	1,257	1,192	1,275	746.85
Comprehensive Income & Other	59.96	74.88	43.33	70.86	-3.58
Shareholders' Equity	4,792	4,731	4,575	4,453	3,499
Total Liabilities & Equity	8,443	8,123	7,858	7,280	6,054
Total Debt	3,283	3,029	2,887	2,426	2,066
Net Cash (Debt)	-3,241	-2,907	-2,834	-2,342	-1,902
Net Cash Per Share	-11.30	-10.46	-10.37	-9.13	-8.13
Filing Date Shares Outstanding	285.07	278.57	273.58	256.89	236.97
Total Common Shares Outstanding	286.81	277.82	273.24	256.6	233.86
Book Value Per Share	16.71	17.03	16.74	17.35	14.96
Tangible Book Value	4,792	4,731	4,575	4,453	3,499
Tangible Book Value Per Share	16.71	17.03	16.74	17.35	14.96

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.