GreenFirst Forest Products Inc. (ICLTF)

ICLTF 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	Jun 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.37	27.76	2.43	25.35	36.17	5.28
Cash & Short-Term Investments	4.37	27.76	2.43	25.35	36.17	5.28
Cash Growth	-15.89%	1044.58%	-90.44%	-29.91%	584.84%	-60.12%
Accounts Receivable	13.8	7.17	15.02	19.5	21.45	-
Other Receivables	6.05	9.07	10.81	21.23	14.59	-
Receivables	19.85	16.24	25.83	40.73	36.04	-
Inventory	83.33	70.39	77.1	78.29	107.2	-
Prepaid Expenses	1.84	2.57	2.65	1.29	3.35	0.52
Other Current Assets	-	-	-	79.03	-	-
Total Current Assets	109.38	116.95	108	224.7	182.77	5.8
Property, Plant & Equipment	92.25	87.6	124.12	118.63	186.04	11.52
Long-Term Investments	1.43	1.43	1.43	1.14	0.5	-
Other Intangible Assets	10.68	10.83	11.13	11.42	11.72	-
Long-Term Deferred Tax Assets	-	-	-	0.2	-	-
Long-Term Deferred Charges	-	-	-	-	1.43	-
Other Long-Term Assets	2.34	3.66	33.27	15.41	34.94	-
Total Assets	216.08	220.47	277.94	371.5	417.39	17.31
Accounts Payable	27.12	34.51	32.55	51.95	27.48	1.44
Accrued Expenses	-	11.17	18.61	18.79	14.11	-
Current Portion of Long-Term Debt	2.93	4.4	1.58	9.08	7.92	-
Current Portion of Leases	1.41	1.26	0.75	1.17	1.27	-
Current Unearned Revenue	-	1.21	1.06	0.84	0.68	-
Other Current Liabilities	12.97	0.01	0.01	4.21	2.57	-
Total Current Liabilities	44.43	52.56	54.56	86.04	54.04	1.44
Long-Term Debt	21.85	10.89	22.65	45.93	108.88	3.7
Long-Term Leases	4.67	5.17	0.65	1.52	2.13	-
Long-Term Deferred Tax Liabilities	-	-	-	-	4.32	-
Other Long-Term Liabilities	1.64	1.52	6.75	5.96	7.36	-
Total Liabilities	77.31	74.85	92.71	147.04	186.78	5.14
Common Stock	273.99	273.99	254.73	254.73	254.73	38.36
Retained Earnings	-138.62	-129.95	-82.65	-35.63	-34.72	-26.56
Comprehensive Income & Other	3.41	1.57	13.16	5.37	10.61	0.37
Shareholders' Equity	138.77	145.62	185.24	224.46	230.62	12.18
Total Liabilities & Equity	216.08	220.47	277.94	371.5	417.39	17.31
Total Debt	30.86	21.72	25.63	57.7	120.21	3.7
Net Cash (Debt)	-26.49	6.04	-23.2	-32.35	-84.03	1.58
Net Cash Growth	-	-	-	-	-	-88.07%
Net Cash Per Share	-1.30	0.34	-1.31	-1.82	-10.67	0.71
Filing Date Shares Outstanding	22.6	22.6	17.76	17.76	17.76	2.38
Total Common Shares Outstanding	22.6	22.6	17.76	17.76	17.76	2.38
Working Capital	64.95	64.39	53.44	138.67	128.73	4.36
Book Value Per Share	6.14	6.44	10.43	12.64	12.99	5.11
Tangible Book Value	128.09	134.79	174.11	213.04	218.9	12.18
Tangible Book Value Per Share	5.67	5.96	9.81	12.00	12.33	5.11
Land	-	12.17	27.8	28.23	72.54	6.75
Machinery	-	94.44	86.16	71.41	90.64	4.78
Construction In Progress	-	3.23	33.14	26.16	13.25	-

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