Canlan Ice Sports Corp. (TSX:ICE)

Canlan Ice Sports Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.9	21.68	19.03	18.53	12.53	7.48
Trading Asset Securities	-	-	-	0.41	-	-
Cash & Short-Term Investments	19.9	21.68	19.03	18.94	12.53	7.48
Cash Growth	20.98%	13.92%	0.45%	51.18%	67.51%	-54.74%
Accounts Receivable	2.01	3.3	2.99	2.18	2.3	2.43
Receivables	2.01	3.3	2.99	2.18	2.3	2.43
Inventory	0.64	0.64	0.62	0.61	0.49	0.66
Prepaid Expenses	2.39	1.64	1.26	1.06	0.79	0.89
Other Current Assets	-	-	-	-	-	6.05
Total Current Assets	24.94	27.25	23.9	22.8	16.11	17.52
Property, Plant & Equipment	94.94	97.68	93.33	95.52	97.43	98.77
Long-Term Investments	-	-	0.16	0.56	0.35	0.35
Long-Term Deferred Tax Assets	4.75	4.61	3.59	2.28	1.91	3.83
Other Long-Term Assets	1.05	0.97	1.02	0.56	0.81	1.01
Total Assets	125.68	130.5	122	121.71	116.61	121.48
Accounts Payable	19.45	5	3.3	2.24	1.71	1.52
Accrued Expenses	-	8.84	8.04	6.77	6.44	6.17
Current Portion of Long-Term Debt	2.09	2.04	2.04	1.75	4.46	4.98
Current Portion of Leases	1.06	0.78	0.95	5.52	1.25	1.2
Current Income Taxes Payable	-	1.01	-	0.28	-	-
Current Unearned Revenue	10	14.46	14.43	14.08	12.03	6.16
Other Current Liabilities	-	0.4	0.4	0.4	-	-
Total Current Liabilities	32.6	32.53	29.16	31.03	25.9	20.02
Long-Term Debt	39.75	39.5	40.91	38.07	39.36	51.73
Long-Term Leases	7.62	6.7	5.38	4.82	9.97	5.74
Long-Term Deferred Tax Liabilities	0.96	0.94	0.96	1.15	0.97	2.29
Other Long-Term Liabilities	1.31	2.02	0.95	-	-	-
Total Liabilities	82.24	81.68	77.34	75.06	76.2	79.78
Common Stock	63.11	63.11	63.11	63.11	63.11	63.11
Additional Paid-In Capital	0.54	0.54	0.54	0.54	0.54	0.54
Retained Earnings	-24.07	-20.63	-21.83	-20.66	-24.99	-23.9
Comprehensive Income & Other	3.86	5.79	2.83	3.66	1.76	1.96
Shareholders' Equity	43.44	48.82	44.66	46.65	40.42	41.71
Total Liabilities & Equity	125.68	130.5	122	121.71	116.61	121.48
Total Debt	50.51	49.02	49.28	50.14	55.05	63.64
Net Cash (Debt)	-30.61	-27.35	-30.25	-31.2	-42.52	-56.16
Net Cash Per Share	-2.30	-2.05	-2.27	-2.34	-3.19	-4.21
Filing Date Shares Outstanding	13.34	13.34	13.34	13.34	13.34	13.34
Total Common Shares Outstanding	13.34	13.34	13.34	13.34	13.34	13.34
Working Capital	-7.66	-5.28	-5.26	-8.24	-9.79	-2.5
Book Value Per Share	3.26	3.66	3.35	3.50	3.03	3.13
Tangible Book Value	43.44	48.82	44.66	46.65	40.42	41.71
Tangible Book Value Per Share	3.26	3.66	3.35	3.50	3.03	3.13
Land	19.93	20.35	19.7	16.61	16.33	16.35
Buildings	121.11	122.49	117.85	121.8	120.19	115.38
Machinery	80.74	78.36	71.45	65.83	63.6	63.16
Construction In Progress	0.43	0.65	0.28	0.45	0.03	0.01
Leasehold Improvements	0.59	0.59	0.59	0.58	2.49	2.53

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