Skyline Investments Balance Sheet

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

Millions CAD. 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
Cash & Equivalents	13.72	24.62	57.14	19.5	61.49
Cash & Short-Term Investments	13.72	24.62	57.14	19.5	61.49
Cash Growth	-44.29%	-56.91%	192.97%	-68.28%	174.06%
Accounts Receivable	3.43	6.16	6.72	5.53	6.08
Other Receivables	-	-	-	1.87	3.94
Receivables	3.43	62.4	8.84	18.29	12.03
Inventory	0.37	0.49	10.39	7.8	8.01
Prepaid Expenses	1.1	1.17	1.39	2.36	2.56
Other Current Assets	2.38	26.95	12.92	3.51	5.29
Total Current Assets	20.99	115.63	90.68	51.46	89.39
Property, Plant & Equipment	235.11	276.64	436.88	401.51	328.39
Long-Term Investments	-	-	-	36.88	28.81
Long-Term Deferred Tax Assets	4.82	6.72	-	-	-
Other Long-Term Assets	24.6	24.61	32.48	30.42	37.17
Total Assets	325.96	458.78	640.9	609.35	579.7
Accounts Payable	6.43	7.78	6.62	5.83	10.89
Accrued Expenses	8.78	15.08	19.14	16.32	17.04
Short-Term Debt	0.99	54.16	11.14	3.65	-
Current Portion of Long-Term Debt	53.23	0.67	50.99	26.96	156.02
Current Income Taxes Payable	-	0.01	1.79	-	5.16
Current Unearned Revenue	6.39	6.3	1.21	4.63	4.57
Other Current Liabilities	1.72	24.16	18.9	6.11	5.92
Total Current Liabilities	77.55	108.15	109.78	63.5	199.59
Long-Term Debt	88.75	127.66	247.13	203.82	63.42
Long-Term Leases	1.78	1.93	1.57	6.05	4.17
Long-Term Deferred Tax Liabilities	-	-	9.76	17.36	15.36
Other Long-Term Liabilities	11.67	13.21	5.97	2.65	0.09
Total Liabilities	179.75	250.96	374.2	293.38	282.63
Common Stock	80.58	80.19	80.19	79.87	79.87
Retained Earnings	-18.94	54.25	103.37	142.57	142.68
Treasury Stock	-0.43	-0.43	-0.43	-0.43	-
Comprehensive Income & Other	56.31	46.01	51.83	58.45	43.7
Total Common Equity	117.52	180.02	234.96	280.46	266.25
Minority Interest	28.69	27.8	31.74	35.51	30.83
Shareholders' Equity	146.21	207.82	266.7	315.97	297.08
Total Liabilities & Equity	325.96	458.78	640.9	609.35	579.7
Total Debt	144.75	184.42	310.83	240.49	223.6
Net Cash (Debt)	-131.03	-159.8	-253.69	-220.99	-162.11
Net Cash Per Share	-7.94	-9.68	-15.37	-13.38	-9.80
Filing Date Shares Outstanding	16.7	16.7	16.7	16.7	16.75
Total Common Shares Outstanding	16.7	16.7	16.7	16.7	16.75
Working Capital	-56.56	7.48	-19.1	-12.04	-110.2
Book Value Per Share	7.04	10.78	14.07	16.79	15.90
Tangible Book Value	117.52	180.02	234.96	280.46	266.25
Tangible Book Value Per Share	7.04	10.78	14.07	16.79	15.90
Land	-	259.48	471.79	391.69	317.88
Machinery	-	81.09	49.08	79.68	72.37

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