Conifex Timber 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	4.43	3.64	4.19	8.44	6.35
Cash & Short-Term Investments	4.43	3.64	4.19	8.44	6.35
Cash Growth	21.64%	-13.03%	-50.34%	32.81%	-43.06%
Accounts Receivable	6.02	7.42	7.21	10.38	8.77
Inventory	13.12	14.41	22.99	49.22	40.35
Other Current Assets	16.25	19.73	22.66	25.25	22.27
Total Current Assets	39.82	45.2	57.05	93.28	77.74
Net Property, Plant & Equipment	111.29	117.49	123.12	129.91	125.43
Other Intangible Assets	3.05	3.15	2.99	3.08	3.14
Goodwill	1.88	1.88	1.88	1.88	1.88
Long-Term Investments	30.35	30.21	30.97	29.11	22.65
Other Long-Term Assets	21.27	5.96	2.99	-	0.63
Total Assets	207.67	203.88	218.99	257.26	231.46
Accounts Payable	30.22	19.83	19.06	17.18	18.76
Short-Term Debt	-	-	11.48	6.5	-
Current Portion of Long-Term Debt	86.31	7.02	4.79	4.74	4.62
Other Current Liabilities	3.66	2.87	4.01	5.75	7.01
Total Current Liabilities	120.19	29.72	39.33	34.18	30.4
Long-Term Debt	1.34	70.3	47.58	51.56	54.76
Other Long-Term Liabilities	36.4	18.03	16.57	25.26	16.47
Total Long-Term Liabilities	37.74	88.32	64.16	76.82	71.23
Total Liabilities	157.93	118.04	103.49	111	101.63
Common Stock	246.39	246.39	246.26	245.6	248.25
Additional Paid-in Capital	45.05	45.48	45.48	46.27	43.64
Accumulated Other Comprehensive Income	0.57	0.57	0.57	0.57	0.56
Retained Earnings	-242.27	-206.6	-176.81	-146.18	-162.63
Shareholders' Equity	49.74	85.84	115.5	146.27	129.83
Total Liabilities & Equity	207.67	203.88	218.99	257.26	231.46
Total Debt	87.65	77.32	63.85	62.8	59.38
Net Cash (Debt)	-83.22	-73.67	-59.66	-54.36	-53.03
Net Cash Per Share	-2.04	-1.81	-1.49	-1.36	-1.17
Book Value	49.74	85.84	115.5	146.27	129.83
Book Value Per Share	1.22	2.11	2.89	3.65	2.87
Tangible Book Value	44.81	80.81	110.64	141.31	124.82
Tangible Book Value Per Share	1.10	1.99	2.76	3.52	2.76

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.