Glacier Media Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4.69	6.4	6.55	19.64	21.74	14.28
Cash & Short-Term Investments	4.69	6.4	6.55	19.64	21.74	14.28
Cash Growth	-31.85%	-2.40%	-66.63%	-9.70%	52.32%	179.19%
Accounts Receivable	22.93	20.54	24.37	29.26	28.89	23.95
Other Receivables	-	6.62	7.68	5.08	6.79	14.01
Receivables	22.93	27.16	32.05	34.33	35.69	37.96
Inventory	0.25	0.32	0.32	3.05	2.67	2.16
Prepaid Expenses	2.34	2.49	2.19	2.67	2.5	3.62
Total Current Assets	30.2	36.36	41.11	59.69	62.61	58.01
Property, Plant & Equipment	22.86	22.37	26.2	39.35	42.05	36.09
Long-Term Investments	20.77	21.82	26.47	26.32	44.6	51.19
Goodwill	10.06	10.24	21.52	27.14	35.74	37.22
Other Intangible Assets	21.1	21.32	28.21	37.49	41.41	45.07
Long-Term Deferred Tax Assets	31.45	25.82	21.62	13.18	5.38	3.9
Other Long-Term Assets	4.54	5.38	7.07	34.38	39.33	31.61
Total Assets	140.98	143.3	172.2	237.56	271.12	263.09
Accounts Payable	25.17	0.8	1.18	6.35	7.01	2.74
Accrued Expenses	-	24.23	26.49	23.16	22.61	30.82
Current Portion of Long-Term Debt	0.37	0.35	7.15	0.46	0.45	0.34
Current Portion of Leases	1.79	1.86	2.91	3.19	3.09	2.97
Current Unearned Revenue	7.13	8.51	8.95	11.61	10.8	10.04
Other Current Liabilities	1.88	8.46	1.1	2.98	3.04	3.95
Total Current Liabilities	36.34	44.2	47.78	47.76	47	50.85
Long-Term Debt	6.14	6.45	-	7.17	7.61	2.26
Long-Term Leases	4.62	3.28	4.76	6.98	7.82	6.78
Long-Term Unearned Revenue	0.52	0.5	0.53	0.85	0.87	0.93
Other Long-Term Liabilities	53.29	50.51	54.21	7.76	11.37	10
Total Liabilities	100.91	104.94	107.27	70.52	74.66	70.81
Common Stock	224.37	224.37	224.37	224.54	224.97	221.8
Additional Paid-In Capital	26.66	26.66	24.66	24.1	21.12	20.02
Retained Earnings	-218.14	-215.7	-193.17	-97.45	-67.27	-70.72
Comprehensive Income & Other	-0.42	-0.83	-0.09	-0.26	-0.27	-0.34
Total Common Equity	32.47	34.51	55.77	150.93	178.55	170.76
Minority Interest	7.6	3.85	9.16	16.11	17.91	21.51
Shareholders' Equity	40.07	38.36	64.93	167.04	196.46	192.27
Total Liabilities & Equity	140.98	143.3	172.2	237.56	271.12	263.09
Total Debt	12.92	11.94	14.82	17.8	18.97	12.34
Net Cash (Debt)	-8.23	-5.54	-8.27	1.84	2.77	1.93
Net Cash Growth	-	-	-	-33.66%	43.40%	-
Net Cash Per Share	-0.06	-0.04	-0.06	0.01	0.02	0.02
Filing Date Shares Outstanding	131.13	131.13	131.28	131.28	132.76	125.21
Total Common Shares Outstanding	131.13	131.13	131.13	131.63	132.76	125.21
Working Capital	-6.13	-7.84	-6.67	11.94	15.61	7.16
Book Value Per Share	0.25	0.26	0.43	1.15	1.34	1.36
Tangible Book Value	1.31	2.95	6.04	86.31	101.4	88.47
Tangible Book Value Per Share	0.01	0.02	0.05	0.66	0.76	0.71
Land	13.03	12.97	13.66	13.22	13.16	6.62
Buildings	5.37	6.83	7.38	12.1	12.88	12.86
Machinery	11.64	11.58	13.57	35.57	52.89	52.24

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