Freehold Royalties Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-	-	-	-	0.52	2.19
Cash & Short-Term Investments	-	-	-	-	0.52	2.19
Cash Growth	-	-	-	-	-76.06%	113.35%
Accounts Receivable	57.76	45.63	48.4	43.33	57.65	46.3
Other Current Assets	4.1	4.69	4.39	12.09	21.91	14.71
Total Current Assets	61.86	50.32	52.78	55.42	80.08	63.2
Net Property, Plant & Equipment	1,300	1,290	1,399	1,034	1,132	1,007
Other Long-Term Assets	30.86	30.86	30.86	29.27	-	-
Total Assets	1,393	1,371	1,482	1,118	1,212	1,071
Accounts Payable	4.09	6.67	6.9	4.88	4.02	5.16
Current Portion of Leases	0.39	0.36	0.26	0.24	0.2	0.2
Other Current Liabilities	31.21	28.68	27.03	28.22	47.22	13.07
Total Current Liabilities	35.69	35.71	34.19	33.33	51.43	18.43
Long-Term Debt	301.45	282.85	300.85	122.97	156.56	146
Long-Term Leases	1.35	1.44	1.19	1.38	1.52	1.62
Other Long-Term Liabilities	58.75	52.68	46.78	36.97	42.16	13.49
Total Long-Term Liabilities	361.54	336.97	348.83	161.33	200.24	161.11
Total Liabilities	397.23	372.68	383.02	194.66	251.66	179.54
Common Stock	1,668	1,668	1,668	1,501	1,500	1,500
Additional Paid-in Capital	-	-	-	-	-	4.52
Accumulated Other Comprehensive Income	17.95	11.36	27.13	4.11	10.17	0.13
Retained Earnings	-689.93	-680.77	-595.48	-580.99	-550.16	-613.23
Shareholders' Equity	995.82	998.39	1,099	923.76	960.34	890.97
Total Liabilities & Equity	1,393	1,371	1,482	1,118	1,212	1,071
Total Debt	303.18	284.65	302.31	124.59	158.28	147.81
Net Cash (Debt)	-303.18	-284.65	-302.31	-124.59	-157.75	-145.63
Net Cash Per Share	-1.85	-1.74	-1.99	-0.82	-1.05	-1.06
Book Value	995.82	998.39	1,099	923.76	960.34	890.97
Book Value Per Share	6.07	6.09	7.23	6.11	6.37	6.51
Tangible Book Value	995.82	998.39	1,099	923.76	960.34	890.97
Tangible Book Value Per Share	6.07	6.09	7.23	6.11	6.37	6.51

Updated May 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.