Horizon Group Properties Balance Sheet

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

Millions USD. 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	2.45	2.78	2.96	3.28	2.77
Total Real Estate Assets	20.26	26.51	27.2	27.3	31.38
Cash & Equivalents	3.98	4.13	6.78	6.22	1.46
Accounts Receivable	0.58	0.63	0.38	0.67	1.3
Other Receivables	18.13	18.16	-	-	-
Investment In Debt and Equity Securities	4.79	1.97	-	-	-
Restricted Cash	1.83	4.56	0.64	0.15	0.26
Deferred Long-Term Charges	0.02	0.06	0.22	0.11	0.14
Other Long-Term Assets	76.22	73.42	70.13	67.88	65.1
Total Assets	125.81	129.44	105.35	102.32	99.64
Current Portion of Leases	0.16	-	-	-	-
Long-Term Debt	12.28	22.8	1.97	2.22	8.31
Long-Term Leases	-	0.32	0.52	0.67	-
Accounts Payable	3.48	4.13	2.63	3.21	2.32
Other Current Liabilities	6.8	6.8	6.9	6.4	7.9
Long-Term Unearned Revenue	0.18	0.16	0.14	0.14	0.15
Other Long-Term Liabilities	-	-	-	-	10.92
Total Liabilities	22.91	34.22	12.16	12.64	29.59
Common Stock	0.1	0.1	0.1	0.1	0.1
Additional Paid-In Capital	114.1	114.1	114.1	113.04	79.3
Retained Earnings	-30.31	-37.07	-38.63	-40.56	-46.38
Total Common Equity	83.89	77.13	75.57	72.59	33.02
Minority Interest	19.01	18.09	17.63	17.09	37.03
Shareholders' Equity	102.91	95.22	93.2	89.68	70.05
Total Liabilities & Equity	125.81	129.44	105.35	102.32	99.64
Total Debt	12.45	23.13	2.49	2.89	8.31
Net Cash (Debt)	-8.47	-19	4.29	3.33	-6.84
Net Cash (Debt) Growth	-	-	28.94%	-	-
Net Cash Per Share	-0.86	-1.94	0.44	0.34	-0.70
Filing Date Shares Outstanding	9.8	9.8	9.8	9.8	9.8
Total Common Shares Outstanding	9.8	9.8	9.8	9.8	9.8
Book Value Per Share	8.56	7.87	7.71	7.41	3.37
Tangible Book Value	83.89	77.13	75.57	72.59	33.02
Tangible Book Value Per Share	8.56	7.87	7.71	7.41	3.37
Land	0.57	0.57	0.57	0.57	0.57
Buildings	3.41	3.38	3.17	3.17	3.15
Construction In Progress	0	0	0	0	0

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