TSX:GEC Balance Sheet

Financials in millions CAD. Fiscal year is September - August.

Millions CAD. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Cash & Equivalents	1.72	3.3	2.13	3.39	9.72	18.34
Cash & Short-Term Investments	1.72	3.3	2.13	3.39	9.72	18.34
Cash Growth	-30.34%	54.74%	-37.15%	-65.12%	-46.97%	-20.37%
Accounts Receivable	11.64	0.91	8.32	9.38	8.92	11.82
Other Receivables	3.37	8.16	5.03	4.84	4.51	27.19
Receivables	22.88	20.76	17.16	17.96	17.17	47.1
Inventory	0	0.1	0.93	0.97	0.84	0.85
Prepaid Expenses	0.74	1.08	1.24	1.4	3.95	2.91
Restricted Cash	0.72	1.39	2.75	2.7	2.11	0.74
Total Current Assets	26.05	26.62	24.21	26.41	33.79	69.94
Property, Plant & Equipment	3.05	3.17	14.65	67.86	69.96	70.31
Long-Term Investments	28.07	28.16	-	-	-	-
Goodwill	-	-	-	5.52	5.52	5.52
Other Intangible Assets	0.02	0.02	11.51	6.59	7.53	7.2
Long-Term Deferred Tax Assets	3.52	3.23	3.83	3.59	2.23	1.02
Long-Term Deferred Charges	0.87	0.87	0.87	0.87	1.38	1.39
Other Long-Term Assets	308.34	307.54	420.15	386.85	357.33	363.66
Total Assets	377.67	377.36	475.21	497.68	477.73	519.04
Accounts Payable	14.42	3.26	4.83	4.94	7.33	6.8
Accrued Expenses	-	3.88	3.3	3.54	3.97	4.19
Short-Term Debt	-	-	3.29	2	2.11	2.47
Current Portion of Long-Term Debt	36.5	52.59	80.8	118.07	180.8	154.54
Current Portion of Leases	4.84	4.71	5.27	2.88	4.19	3.89
Current Income Taxes Payable	0.2	0.18	0.49	0.45	0.27	0.18
Current Unearned Revenue	2.19	3.75	21.8	23.5	22.25	27.83
Other Current Liabilities	-	6.98	6.26	8.33	5.31	4.94
Total Current Liabilities	58.15	75.35	126.04	163.7	226.23	204.83
Long-Term Debt	147.52	130.62	166.97	149.81	67.76	87.36
Long-Term Leases	16.46	17.73	31.07	9.64	10.81	12.28
Long-Term Deferred Tax Liabilities	9	8.92	9.2	11.39	10.9	10.99
Total Liabilities	231.13	232.61	333.28	334.55	315.7	315.46
Common Stock	45.37	45.37	44.97	45	45.57	46.57
Retained Earnings	-5.32	-5.27	-27.41	-28.51	-24.6	-2.84
Treasury Stock	-	-	-	-	-	-0.15
Comprehensive Income & Other	7.78	7.86	7.65	7.49	6.91	7.22
Total Common Equity	47.83	47.96	25.21	23.99	27.87	50.8
Minority Interest	98.71	96.79	116.72	139.15	134.16	152.79
Shareholders' Equity	146.54	144.74	141.93	163.14	162.03	203.58
Total Liabilities & Equity	377.67	377.36	475.21	497.68	477.73	519.04
Total Debt	205.32	205.65	287.41	282.4	265.67	260.54
Net Cash (Debt)	-203.6	-202.35	-285.28	-279.01	-255.95	-242.2
Net Cash Per Share	-3.01	-3.00	-4.23	-4.13	-3.73	-3.38
Filing Date Shares Outstanding	68.42	68.42	67.44	67.47	67.56	69.77
Total Common Shares Outstanding	68.42	68.64	67.44	67.47	67.73	69.77
Working Capital	-32.1	-48.73	-101.83	-137.3	-192.44	-134.89
Book Value Per Share	0.70	0.70	0.37	0.36	0.41	0.73
Tangible Book Value	47.81	47.93	13.7	11.88	14.83	38.08
Tangible Book Value Per Share	0.70	0.70	0.20	0.18	0.22	0.55
Land	-	-	-	56.88	56.88	56.88
Machinery	-	1.91	6.2	6	5.55	4.91
Leasehold Improvements	-	0.77	3.99	3.91	3.9	3.95

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.