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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	14.59	21.68	19.03	18.53	12.53	7.48
Trading Asset Securities	-	-	-	0.41	-	-
Cash & Short-Term Investments	14.59	21.68	19.03	18.94	12.53	7.48
Cash Growth	-18.06%	13.92%	0.45%	51.18%	67.51%	-54.74%
Accounts Receivable	3.5	3.3	2.99	2.18	2.3	2.43
Receivables	3.5	3.3	2.99	2.18	2.3	2.43
Inventory	0.66	0.64	0.62	0.61	0.49	0.66
Prepaid Expenses	2.26	1.64	1.26	1.06	0.79	0.89
Other Current Assets	-	-	-	-	-	6.05
Total Current Assets	21	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	4.95	4.61	3.59	2.28	1.91	3.83
Other Long-Term Assets	1.03	0.97	1.02	0.56	0.81	1.01
Total Assets	121.93	130.5	122	121.71	116.61	121.48
Accounts Payable	13.08	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	1.11	0.78	0.95	5.52	1.25	1.2
Current Income Taxes Payable	-	1.01	-	0.28	-	-
Current Unearned Revenue	14.95	14.46	14.43	14.08	12.03	6.16
Other Current Liabilities	-	0.4	0.4	0.4	-	-
Total Current Liabilities	31.24	32.53	29.16	31.03	25.9	20.02
Long-Term Debt	39.29	39.5	40.91	38.07	39.36	51.73
Long-Term Leases	7.61	6.7	5.38	4.82	9.97	5.74
Long-Term Deferred Tax Liabilities	0.97	0.94	0.96	1.15	0.97	2.29
Other Long-Term Liabilities	1.5	2.02	0.95	-	-	-
Total Liabilities	80.61	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	-26.95	-20.63	-21.83	-20.66	-24.99	-23.9
Comprehensive Income & Other	4.61	5.79	2.83	3.66	1.76	1.96
Shareholders' Equity	41.31	48.82	44.66	46.65	40.42	41.71
Total Liabilities & Equity	121.93	130.5	122	121.71	116.61	121.48
Total Debt	50.1	49.02	49.28	50.14	55.05	63.64
Net Cash (Debt)	-35.52	-27.35	-30.25	-31.2	-42.52	-56.16
Net Cash Per Share	-2.66	-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	-10.24	-5.28	-5.26	-8.24	-9.79	-2.5
Book Value Per Share	3.10	3.66	3.35	3.50	3.03	3.13
Tangible Book Value	41.31	48.82	44.66	46.65	40.42	41.71
Tangible Book Value Per Share	3.10	3.66	3.35	3.50	3.03	3.13
Land	20.09	20.35	19.7	16.61	16.33	16.35
Buildings	121.6	122.49	117.85	121.8	120.19	115.38
Machinery	82.01	78.36	71.45	65.83	63.6	63.16
Construction In Progress	0.75	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.