GFL Environmental 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	1,436	85.6	133.8	135.7	82.1	190.4
Cash & Short-Term Investments	1,436	85.6	133.8	135.7	82.1	190.4
Cash Growth	167.35%	-36.02%	-1.40%	65.29%	-56.88%	600.00%
Accounts Receivable	863.6	781.7	1,148	1,061	1,101	1,049
Other Receivables	62.3	116.3	113.6	66.6	16.8	85.9
Receivables	925.9	898	1,261	1,128	1,118	1,135
Prepaid Expenses	153.5	119.7	193	123.4	98.7	88.6
Other Current Assets	-	60.9	107.7	98.2	84.2	82
Total Current Assets	2,516	1,164	1,696	1,485	1,383	1,496
Property, Plant & Equipment	7,461	7,324	7,852	6,981	6,540	6,011
Long-Term Investments	1,865	1,898	344.4	319	326.6	-
Goodwill	7,013	6,895	8,066	7,891	8,182	7,501
Other Intangible Assets	1,737	1,757	2,833	3,056	3,245	3,330
Long-Term Deferred Tax Assets	-	-	209.3	64.8	-	-
Other Long-Term Assets	277.3	256.8	207.4	82.9	90.2	59.1
Total Assets	20,869	19,295	21,207	19,879	19,768	18,397
Accounts Payable	1,542	850.8	812.3	711	656.7	565.7
Accrued Expenses	-	739.7	836.3	760.3	652.9	555.3
Current Portion of Long-Term Debt	-	-	1,149	15.5	42.7	86.9
Current Portion of Leases	73.8	59.9	69.4	59.6	51.5	50.9
Current Income Taxes Payable	3.9	5.7	-	-	-	25.8
Current Unearned Revenue	-	297.8	231.6	207.8	248.1	198.7
Other Current Liabilities	46.1	44	51.7	56.2	1,040	39.1
Total Current Liabilities	1,666	1,998	3,151	1,810	2,692	1,522
Long-Term Debt	9,375	7,423	8,853	8,830	9,258	8,016
Long-Term Leases	444.2	450.6	477.2	383.4	327.3	257.4
Long-Term Deferred Tax Liabilities	701.3	777.7	464.5	534	582.6	723.9
Other Long-Term Liabilities	1,221	1,161	1,040	935.1	863.9	2,101
Total Liabilities	13,407	11,810	13,986	12,493	13,724	12,620
Common Stock	7,052	7,008	9,938	9,835	8,640	8,463
Additional Paid-In Capital	205.7	205.7	151.3	149.5	109.6	77.4
Retained Earnings	6.3	229.5	-3,574	-2,823	-2,843	-2,511
Comprehensive Income & Other	16	-140.8	462.6	15.1	130.3	-253.7
Total Common Equity	7,280	7,303	6,978	7,177	6,037	5,776
Minority Interest	182.1	182.6	243.3	209.1	6.9	-
Shareholders' Equity	7,462	7,485	7,222	7,386	6,044	5,776
Total Liabilities & Equity	20,869	19,295	21,207	19,879	19,768	18,397
Total Debt	9,893	7,933	10,549	9,289	9,679	8,411
Net Cash (Debt)	-8,457	-7,848	-10,415	-9,153	-9,597	-8,221
Net Cash Per Share	-22.83	-20.72	-27.35	-24.76	-33.24	-22.74
Filing Date Shares Outstanding	358.69	357.92	393.38	371.16	343.44	338.29
Total Common Shares Outstanding	358.69	357.92	393.38	371.16	343.44	338.29
Working Capital	849.6	-833.7	-1,455	-325.4	-1,309	-26.7
Book Value Per Share	20.30	20.40	17.74	19.34	17.58	17.07
Tangible Book Value	-1,470	-1,349	-3,921	-3,770	-5,390	-5,055
Tangible Book Value Per Share	-4.10	-3.77	-9.97	-10.16	-15.69	-14.94
Land	1,919	1,826	2,096	1,812	1,687	1,483
Machinery	4,628	4,386	4,696	4,109	3,676	3,211
Construction In Progress	89.3	145.9	208.2	148.7	51.6	69.3

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