TSX:AP.UN 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
Property, Plant & Equipment	8,476	9,472	9,412	9,693	9,555
Cash & Equivalents	96.61	73.92	211.07	20.99	22.55
Accounts Receivable	14.81	16.11	17.07	19.86	16.66
Other Receivables	26.41	28.53	32.42	28.93	15.22
Investment In Debt and Equity Securities	11.56	13.32	23.87	32.4	-
Loans Receivable Current	248.64	235.53	281.67	371.38	144.31
Other Current Assets	286.45	352.83	91.48	1,372	111.45
Other Long-Term Assets	97.01	412.05	540.02	368.38	519.23
Total Assets	9,257	10,604	10,609	11,906	10,385
Current Portion of Long-Term Debt	727.02	987.18	149.25	346.93	36.15
Current Portion of Leases	1.29	7.02	-	-	-
Long-Term Debt	3,956	3,419	3,510	3,864	3,422
Long-Term Leases	24.09	8.38	50.64	50.85	157.55
Accounts Payable	187.32	218.89	283.35	245.68	180.55
Accrued Expenses	43.93	27.67	23.91	23.28	23.31
Current Unearned Revenue	80.46	90.84	81.56	81.49	81.49
Other Current Liabilities	219.57	230.82	326.36	127.59	18.1
Other Long-Term Liabilities	2.02	51.22	48.78	43.44	39.69
Total Liabilities	5,241	5,041	4,474	4,784	3,959
Common Stock	4,543	4,545	4,547	3,909	3,903
Additional Paid-In Capital	41.72	39.78	37.65	34.84	31.16
Retained Earnings	-568.67	977.67	1,551	2,637	2,492
Total Common Equity	4,016	5,563	6,135	6,581	6,426
Minority Interest	-	-	-	541.67	-
Shareholders' Equity	4,016	5,563	6,135	7,123	6,426
Total Liabilities & Equity	9,257	10,604	10,609	11,906	10,385
Total Debt	4,708	4,422	3,710	4,262	3,616
Net Cash (Debt)	-4,611	-4,348	-3,499	-4,241	-3,593
Net Cash Per Share	-32.99	-31.11	-25.04	-30.98	-28.19
Filing Date Shares Outstanding	139.77	139.77	139.77	139.77	127.95
Total Common Shares Outstanding	139.77	139.77	139.77	139.77	127.74
Book Value Per Share	28.74	39.80	43.90	47.09	50.30
Tangible Book Value	4,016	5,563	6,135	6,581	6,426
Tangible Book Value Per Share	28.74	39.80	43.90	47.09	50.30

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.