Elite UK REIT Balance Sheet

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

Millions GBP. 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	425.87	412.79	413.72	459.98	501.35
Cash & Equivalents	16.03	6.63	20.82	7.44	19.48
Accounts Receivable	1.07	6.3	2.27	11.04	11.3
Other Receivables	0.66	0.64	0.15	0.45	0.54
Other Current Assets	0.38	12.31	6.61	7.82	0.19
Other Long-Term Assets	-	1.63	0.48	0.07	0.51
Total Assets	444.01	440.3	444.04	486.8	533.36
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	185.01	183.33	94.02	213.07	217.25
Long-Term Leases	1.21	1.21	1.22	1.23	1.24
Accounts Payable	0.29	0.26	0.28	0.03	0.19
Accrued Expenses	1.78	1.52	3.17	3.08	2.57
Current Income Taxes Payable	2.96	2.56	1.64	1.63	1.12
Current Unearned Revenue	9.02	8.87	8.86	8.77	8.71
Other Current Liabilities	1.13	1.36	1.32	1.71	2.86
Long-Term Deferred Tax Liabilities	-	-	-	2.17	3.8
Other Long-Term Liabilities	0.92	-	-	-	-
Total Liabilities	202.31	199.13	236.8	238.89	244.35
Common Stock	342.99	338.22	308.34	307.61	304.79
Retained Earnings	-94.78	-90.71	-95.19	-53.81	-9.87
Comprehensive Income & Other	-6.51	-6.33	-5.9	-5.9	-5.9
Shareholders' Equity	241.7	241.17	207.24	247.9	289.02
Total Liabilities & Equity	444.01	440.3	444.04	486.8	533.36
Total Debt	186.22	184.56	221.54	221.51	225.1
Net Cash (Debt)	-170.2	-177.93	-200.73	-214.06	-205.62
Net Cash Per Share	-0.28	-0.30	-0.42	-0.45	-0.46
Filing Date Shares Outstanding	610.29	594.19	586.32	481.13	476.51
Total Common Shares Outstanding	610.29	594.19	482.97	481.13	475.47
Book Value Per Share	0.40	0.41	0.43	0.52	0.61
Tangible Book Value	241.7	241.17	207.24	247.9	289.02
Tangible Book Value Per Share	0.40	0.41	0.43	0.52	0.61

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