ICLTF 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 27, 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	3.49	27.76	2.43	25.35	36.17	5.28
Cash & Short-Term Investments	3.49	27.76	2.43	25.35	36.17	5.28
Cash Growth	756.76%	1044.58%	-90.44%	-29.91%	584.84%	-60.12%
Accounts Receivable	11.5	7.17	15.02	19.5	21.45	-
Other Receivables	8.1	9.07	10.81	21.23	14.59	-
Receivables	19.6	16.24	25.83	40.73	36.04	-
Inventory	74.31	70.39	77.1	78.29	107.2	-
Prepaid Expenses	1.04	2.57	2.65	1.29	3.35	0.52
Other Current Assets	-	-	-	79.03	-	-
Total Current Assets	98.44	116.95	108	224.7	182.77	5.8
Property, Plant & Equipment	96.91	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	10.61	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	1.65	3.66	33.27	15.41	34.94	-
Total Assets	209.03	220.47	277.94	371.5	417.39	17.31
Accounts Payable	32.04	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	2.98	4.4	1.58	9.08	7.92	-
Current Portion of Leases	1.48	1.26	0.75	1.17	1.27	-
Current Unearned Revenue	-	1.21	1.06	0.84	0.68	-
Other Current Liabilities	13.59	0.01	0.01	4.21	2.57	-
Total Current Liabilities	50.09	52.56	54.56	86.04	54.04	1.44
Long-Term Debt	27.55	10.89	22.65	45.93	108.88	3.7
Long-Term Leases	5.15	5.17	0.65	1.52	2.13	-
Pension & Post-Retirement Benefits	4.74	4.71	8.1	7.6	10.04	-
Long-Term Deferred Tax Liabilities	-	-	-	-	4.32	-
Other Long-Term Liabilities	39.81	1.52	6.75	5.96	7.36	-
Total Liabilities	127.35	74.85	92.71	147.04	186.78	5.14
Common Stock	274.03	273.99	254.73	254.73	254.73	38.36
Retained Earnings	-196.01	-129.95	-82.65	-35.63	-34.72	-26.56
Comprehensive Income & Other	3.66	1.57	13.16	5.37	10.61	0.37
Shareholders' Equity	81.68	145.62	185.24	224.46	230.62	12.18
Total Liabilities & Equity	209.03	220.47	277.94	371.5	417.39	17.31
Total Debt	37.17	21.72	25.63	57.7	120.21	3.7
Net Cash (Debt)	-33.68	6.04	-23.2	-32.35	-84.03	1.58
Net Cash Growth	-	-	-	-	-	-88.07%
Net Cash Per Share	-1.61	0.34	-1.31	-1.82	-10.67	0.71
Filing Date Shares Outstanding	23.11	22.6	17.76	17.76	17.76	2.38
Total Common Shares Outstanding	22.61	22.6	17.76	17.76	17.76	2.38
Working Capital	48.35	64.39	53.44	138.67	128.73	4.36
Book Value Per Share	3.61	6.44	10.43	12.64	12.99	5.11
Tangible Book Value	71.08	134.79	174.11	213.04	218.9	12.18
Tangible Book Value Per Share	3.14	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.