Artis Real Estate Investment Trust (TSX:AX.UN)

TSX:AX.UN Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	1,994	2,136	2,452	3,304	3,894	4,416
Cash & Equivalents	16.64	32.79	28.94	29.17	221.47	34.7
Accounts Receivable	4.23	3.96	3.11	3.28	4.69	7.79
Other Receivables	6.99	10.44	12.85	14.03	9.98	9.67
Investment In Debt and Equity Securities	164.52	224.72	296.09	430.95	77.19	-
Loans Receivable Current	5.22	0.2	14.74	0.99	0.83	1.37
Restricted Cash	6.22	7.14	7.03	10.67	32.21	22.01
Other Current Assets	239.64	206.89	580.17	347.97	70.88	98.05
Other Long-Term Assets	174.24	180.78	340.51	412.71	264.56	270.25
Total Assets	2,611	2,803	3,735	4,554	4,576	4,860
Current Portion of Long-Term Debt	423.52	501.04	863.23	1,252	801.52	750.42
Current Portion of Leases	0.81	0.72	-	-	-	-
Long-Term Debt	655.49	631	1,042	962.67	1,164	1,646
Long-Term Leases	2.63	2.98	-	-	-	-
Accounts Payable	43.73	19.81	18.74	29.47	36.75	35.41
Accrued Expenses	-	20.65	23.07	21.64	21.18	24.65
Other Current Liabilities	26.23	43.47	66.43	47.3	95.1	67.16
Long-Term Deferred Tax Liabilities	-	0.26	3.31	9.53	-	-
Other Long-Term Liabilities	3.05	2.27	1.61	1.87	2.01	1.82
Total Liabilities	1,155	1,222	2,019	2,325	2,121	2,526
Preferred Stock, Redeemable	173.33	175.85	191.69	205.81	288.22	291.8
Common Stock	1,474	1,529	1,639	1,752	1,866	1,755
Additional Paid-In Capital	240.17	212.45	150.69	87.79	68.73	49.26
Retained Earnings	-688.14	-640.13	-488.88	-72.96	86.67	91
Comprehensive Income & Other	256.26	303.85	224.26	256.59	145.76	147.23
Total Common Equity	1,283	1,405	1,525	2,023	2,167	2,042
Shareholders' Equity	1,456	1,581	1,716	2,229	2,455	2,334
Total Liabilities & Equity	2,611	2,803	3,735	4,554	4,576	4,860
Total Debt	1,082	1,136	1,906	2,215	1,966	2,397
Net Cash (Debt)	-1,066	-1,103	-1,877	-2,186	-1,744	-2,362
Net Cash Per Share	-10.53	-10.50	-16.86	-18.45	-13.41	-17.29
Filing Date Shares Outstanding	96.62	99.44	107.95	115.4	119.96	133.59
Total Common Shares Outstanding	97.14	100.73	107.95	115.41	123.54	134.64
Book Value Per Share	13.20	13.95	14.12	17.53	17.54	15.17
Tangible Book Value	1,283	1,405	1,525	2,023	2,167	2,042
Tangible Book Value Per Share	13.20	13.95	14.12	17.53	17.54	15.17
Construction In Progress	-	-	0.95	191.55	195.16	132.24

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