Genesis Land Development Balance Sheet

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

Millions CAD. 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
Cash & Equivalents	26.45	21.41	37.55	36.6	63.98	29.74
Cash & Short-Term Investments	26.45	21.41	37.55	36.6	63.98	29.74
Cash Growth	27.31%	-42.97%	2.59%	-42.79%	115.09%	83.06%
Accounts Receivable	71.93	64.38	26.62	21.21	12.14	10.47
Other Receivables	5.25	1.98	1.53	0.96	1.5	1.1
Receivables	77.85	67	30.13	22.17	13.63	14.28
Inventory	473.03	440.79	342.79	265.68	218.86	193.31
Prepaid Expenses	0.65	0.88	1.05	1.12	0.59	0.48
Restricted Cash	0.43	0.43	1.55	6.85	5.99	7.35
Other Current Assets	8.11	6.03	6.73	11.12	6.68	5.96
Total Current Assets	586.51	536.55	419.79	343.54	309.72	251.13
Property, Plant & Equipment	3.58	2.98	2.06	2.15	2.14	1.67
Long-Term Investments	4.03	4.03	3.58	3.59	-	-
Long-Term Deferred Tax Assets	9.25	7.61	7.48	8.14	6.9	8.09
Other Long-Term Assets	24.57	26.55	7.16	6.73	6.17	5.61
Total Assets	627.94	577.72	440.08	364.14	324.93	266.49
Accounts Payable	97.4	85.12	52.04	28.46	25.46	13.56
Accrued Expenses	5.48	5.05	2.86	1.95	0.95	0.54
Short-Term Debt	20.48	31.42	13.66	-	-	-
Current Portion of Long-Term Debt	-	3.81	-	7.36	11.23	12.16
Current Portion of Leases	0.24	0.52	-	-	-	-
Current Income Taxes Payable	-	10.09	1.71	0.7	2.09	-
Other Current Liabilities	-	-	-	-	-	6.28
Total Current Liabilities	123.59	136.01	70.27	38.48	39.73	32.53
Long-Term Debt	142.18	98.26	89.92	57.69	21.44	9.31
Long-Term Leases	0.59	0.44	0.71	0.84	0.84	0.79
Long-Term Unearned Revenue	19.42	19.58	17.47	15.75	9	3.89
Other Long-Term Liabilities	40.04	36.24	20.57	24.03	17.98	20.21
Total Liabilities	325.81	290.52	198.94	136.8	88.99	66.73
Common Stock	82.08	82.26	82.29	82.38	82.38	52.49
Additional Paid-In Capital	1.06	1.06	1.06	1.06	1.05	0.87
Retained Earnings	198.29	183.15	147.79	141.19	145.2	134.32
Total Common Equity	281.43	266.48	231.14	224.63	228.62	187.68
Minority Interest	20.71	20.72	10	2.71	7.31	12.08
Shareholders' Equity	302.14	287.2	241.14	227.34	235.94	199.76
Total Liabilities & Equity	627.94	577.72	440.08	364.14	324.93	266.49
Total Debt	163.48	134.45	104.3	65.9	33.51	22.26
Net Cash (Debt)	-137.04	-113.03	-66.75	-29.3	30.47	7.48
Net Cash Growth	-	-	-	-	307.12%	-
Net Cash Per Share	-2.42	-1.99	-1.17	-0.52	0.68	0.17
Filing Date Shares Outstanding	56.65	56.76	56.79	56.86	56.86	41.86
Total Common Shares Outstanding	56.66	56.78	56.8	56.86	56.86	41.86
Working Capital	462.92	400.54	349.53	305.05	269.99	218.6
Book Value Per Share	4.97	4.69	4.07	3.95	4.02	4.48
Tangible Book Value	281.43	266.48	231.14	224.63	228.62	187.68
Tangible Book Value Per Share	4.97	4.69	4.07	3.95	4.02	4.48

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