GLP J-REIT Balance Sheet

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Property, Plant & Equipment	817,145	837,819	847,100	799,138	745,320	709,805
Cash & Equivalents	37,356	20,320	24,328	31,378	30,918	24,181
Accounts Receivable	3,860	3,908	3,468	1,859	1,719	1,973
Other Receivables	-	-	-	2,526	-	2,413
Investment In Debt and Equity Securities	437.88	-	-	1.6	1.6	1.6
Restricted Cash	-	13,577	14,239	-	-	-
Other Current Assets	15,899	1,376	1,353	1,258	815.8	778.73
Deferred Long-Term Tax Assets	0.01	-	-	0.01	0	-
Deferred Long-Term Charges	196.95	-	-	347.69	397.96	369.75
Other Long-Term Assets	1,925	237	301	2,527	2,496	2,501
Total Assets	876,821	877,237	890,789	839,036	781,669	742,022
Current Portion of Long-Term Debt	47,220	28,560	29,710	31,320	35,700	33,660
Long-Term Debt	349,340	368,000	366,850	339,090	310,820	290,920
Accounts Payable	4,842	5,763	6,782	4,194	3,343	3,363
Accrued Expenses	1,533	193	188	174.03	2,098	143.03
Current Income Taxes Payable	0.68	-	-	0.83	0.62	0.61
Other Current Liabilities	5,332	5,252	4,499	4,934	4,350	4,657
Other Long-Term Liabilities	16,563	17,067	17,424	16,225	14,981	14,177
Total Liabilities	424,830	424,835	425,453	395,939	371,293	351,921
Common Stock	463,348	437,355	452,630	450,199	419,127	392,463
Distributions in Excess of Earnings	-27,422	-	-	-20,228	-17,274	-13,280
Retained Earnings	16,064	15,047	12,705	13,127	8,523	10,918
Comprehensive Income & Other	-	-	1	0	0	-
Shareholders' Equity	451,990	452,402	465,336	443,097	410,376	390,101
Total Liabilities & Equity	876,821	877,237	890,789	839,036	781,669	742,022
Total Debt	396,560	396,560	396,560	370,410	346,520	329,580
Net Cash (Debt)	-359,204	-376,240	-372,232	-339,032	-315,602	-305,399
Net Cash Per Share	-74507.96	-77240.59	-76415.18	-74184.35	-70284.29	-70309.15
Filing Date Shares Outstanding	4.8	4.8	4.9	4.71	4.49	4.34
Total Common Shares Outstanding	4.8	4.8	4.9	4.71	4.49	4.34
Book Value Per Share	94209.17	94294.99	95010.53	94033.16	91390.26	89809.25
Tangible Book Value	451,990	452,402	465,336	443,097	410,376	390,101
Tangible Book Value Per Share	94209.17	94294.99	95010.53	94033.16	91390.26	89809.25
Land	526,981	-	-	508,429	476,734	449,591
Buildings	361,635	-	-	347,470	317,663	305,943

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