Elite UK REIT Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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
Property, Plant & Equipment	421.33	412.79	413.72	459.98	501.35	311.86
Cash & Equivalents	3.34	6.63	20.82	7.44	19.48	20.15
Accounts Receivable	1.39	6.3	2.27	11.04	11.3	0.13
Other Receivables	1.33	0.64	0.15	0.45	0.54	0.71
Other Current Assets	7.08	12.31	6.61	7.82	0.19	0.05
Other Long-Term Assets	-	1.63	0.48	0.07	0.51	-
Total Assets	434.47	440.3	444.04	486.8	533.36	332.89
Current Portion of Long-Term Debt	-	-	123.09	4	-	-
Current Portion of Leases	0.01	0.01	0.01	0.01	0.01	-
Long-Term Debt	172.37	183.33	94.02	213.07	217.25	101.91
Long-Term Leases	1.21	1.21	1.22	1.23	1.24	-
Accounts Payable	1.17	0.26	0.28	0.03	0.19	0.03
Accrued Expenses	2.17	1.52	3.17	3.08	2.57	1.55
Current Income Taxes Payable	3.5	2.56	1.64	1.63	1.12	-
Current Unearned Revenue	9.29	8.87	8.86	8.77	8.71	5.36
Other Current Liabilities	10.49	1.36	1.32	1.71	2.86	0.96
Long-Term Deferred Tax Liabilities	-	-	-	2.17	3.8	5.92
Other Long-Term Liabilities	0.75	-	-	-	-	-
Total Liabilities	200.97	199.13	236.8	238.89	244.35	115.73
Common Stock	342.85	338.22	308.34	307.61	304.79	208.69
Retained Earnings	-102.85	-90.71	-95.19	-53.81	-9.87	14.37
Comprehensive Income & Other	-6.5	-6.33	-5.9	-5.9	-5.9	-5.9
Shareholders' Equity	233.5	241.17	207.24	247.9	289.02	217.16
Total Liabilities & Equity	434.47	440.3	444.04	486.8	533.36	332.89
Total Debt	173.59	184.56	221.54	221.51	225.1	101.91
Net Cash (Debt)	-170.25	-177.93	-200.73	-214.06	-205.62	-81.75
Net Cash Per Share	-0.29	-0.30	-0.42	-0.45	-0.46	-0.26
Filing Date Shares Outstanding	609.87	594.19	586.32	481.13	476.51	334.86
Total Common Shares Outstanding	609.87	594.19	482.97	481.13	475.47	334.13
Book Value Per Share	0.38	0.41	0.43	0.52	0.61	0.65
Tangible Book Value	233.5	241.17	207.24	247.9	289.02	217.16
Tangible Book Value Per Share	0.38	0.41	0.43	0.52	0.61	0.65

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