Melcor Developments 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	79.17	54.34	34.69	80.47	59.92	29.2
Short-Term Investments	-	8.85	7.07	5.84	6.88	4.91
Trading Asset Securities	1.57	2.38	4.24	6.36	-	-
Cash & Short-Term Investments	80.74	65.57	46	92.66	66.8	34.11
Cash Growth	92.14%	42.55%	-50.36%	38.72%	95.82%	-22.00%
Accounts Receivable	134.22	192.53	154.1	127.22	152.87	99.93
Other Receivables	4.37	4.89	3	3.89	0.32	3.21
Receivables	138.59	197.42	157.1	131.11	153.2	103.14
Inventory	745.19	708.6	728.55	749.98	726.26	729.43
Restricted Cash	-	1.33	1.72	2.76	4.82	7.41
Other Current Assets	41.05	48	33.77	19.5	-	-
Total Current Assets	1,006	1,021	967.14	996.02	951.08	874.1
Property, Plant & Equipment	999.79	1,056	1,097	1,137	1,132	1,094
Long-Term Deferred Charges	-	31.98	33.75	34.01	31.16	32.97
Total Assets	2,059	2,109	2,097	2,167	2,114	2,001
Accounts Payable	61.98	19.26	18.68	19.27	9.81	11.82
Short-Term Debt	21.5	38.97	45.58	54.23	40.76	66.25
Current Portion of Long-Term Debt	-	-	-	-	-	9.99
Current Income Taxes Payable	1.28	7.37	1.25	0.34	5.94	1.52
Other Current Liabilities	-	32.86	29.58	33.94	40.67	24.28
Total Current Liabilities	84.76	98.46	95.09	107.78	97.17	113.85
Long-Term Debt	572.43	572.37	624.59	686.13	676.16	645.55
Long-Term Deferred Tax Liabilities	90.86	67.21	64.29	64.65	56.34	51.65
Other Long-Term Liabilities	65.42	59.83	50.13	58.26	79.52	49.77
Total Liabilities	813.47	797.87	834.1	916.82	909.18	860.82
Common Stock	69.25	69.87	69.49	70.22	73.3	72.27
Additional Paid-In Capital	5.79	4.83	5.04	4.81	4.73	4.95
Retained Earnings	1,140	1,127	1,110	1,074	1,021	981.61
Comprehensive Income & Other	31.03	41.04	24.66	29.6	17.86	18.6
Total Common Equity	1,246	1,243	1,210	1,178	1,116	1,077
Minority Interest	-	68.06	53.8	71.89	88.28	63.03
Shareholders' Equity	1,246	1,311	1,263	1,250	1,205	1,140
Total Liabilities & Equity	2,059	2,109	2,097	2,167	2,114	2,001
Total Debt	593.93	611.34	670.17	740.37	716.91	721.79
Net Cash (Debt)	-513.19	-545.77	-624.18	-647.7	-650.12	-687.68
Net Cash Per Share	-16.06	-17.79	-20.07	-19.87	-19.57	-20.67
Filing Date Shares Outstanding	30.11	30.31	30.66	31.25	32.84	33.09
Total Common Shares Outstanding	30.11	30.37	30.66	31.25	32.96	33.09
Working Capital	920.81	922.45	872.06	888.24	853.91	760.25
Book Value Per Share	41.38	40.92	39.45	37.71	33.87	32.56
Tangible Book Value	1,246	1,243	1,210	1,178	1,116	1,077
Tangible Book Value Per Share	41.38	40.92	39.45	37.71	33.87	32.56
Land	-	1.29	1.29	1.29	1.29	1.29
Buildings	-	8.19	8.19	8.18	8.18	8.18
Machinery	-	11.13	10.37	10.01	10.15	9.1
Construction In Progress	-	70.63	83.32	65.29	47.35	64.77

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