TSX:HR.UN 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
Property, Plant & Equipment	6,370	7,997	7,840	8,830	8,610
Total Real Estate Assets	7,156	9,007	8,886	9,680	9,063
Cash & Equivalents	52.14	100.35	64.11	76.89	124.14
Accounts Receivable	6.1	5.68	5.91	5.32	6.13
Restricted Cash	9.99	12.79	96.63	27.44	9.54
Other Current Assets	1,169	79	365.37	355.24	60.01
Trading Asset Securities	10.05	13.99	28.19	38.16	-
Other Long-Term Assets	484.7	1,276	1,165	1,060	1,048
Total Assets	9,108	10,620	10,778	11,413	10,501
Current Portion of Long-Term Debt	370.72	399.79	349.97	262.48	-
Current Portion of Leases	-	-	28.55	-	-
Long-Term Debt	3,293	3,309	3,516	3,878	4,123
Long-Term Leases	-	-	-	30.41	29.12
Accounts Payable	152.81	186.64	205.85	181.53	215.17
Accrued Expenses	18.45	19.22	19.85	25.43	27.5
Current Unearned Revenue	24.61	28.16	21.49	22.03	22.18
Other Current Liabilities	20.82	66.79	41.98	33.52	47.53
Long-Term Unearned Revenue	862.14	906.36	947.67	986.24	896.8
Long-Term Deferred Tax Liabilities	212.78	413.19	437.21	483.05	350.5
Other Long-Term Liabilities	16.74	12.31	16.66	22.61	15.54
Total Liabilities	4,973	5,342	5,585	5,925	5,727
Common Stock	5,443	5,378	5,219	5,124	5,417
Retained Earnings	-1,808	-819.21	-353.66	-94.81	-779.85
Comprehensive Income & Other	500.35	719.92	326.63	457.83	136.26
Shareholders' Equity	4,136	5,279	5,192	5,487	4,774
Total Liabilities & Equity	9,108	10,620	10,778	11,413	10,501
Total Debt	3,664	3,709	3,895	4,171	4,152
Net Cash (Debt)	-3,602	-3,595	-3,802	-4,056	-4,028
Net Cash Per Share	-13.72	-13.72	-14.41	-14.87	-14.00
Filing Date Shares Outstanding	264.56	262.57	261.87	265.88	288.44
Total Common Shares Outstanding	264.56	262.02	261.87	265.88	288.44
Book Value Per Share	15.63	20.15	19.83	20.64	16.55
Tangible Book Value	4,136	5,279	5,192	5,487	4,774
Tangible Book Value Per Share	15.63	20.15	19.83	20.64	16.55

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.