Killam Apartment REIT (TSX:KMP.UN)

Killam Apartment REIT Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property, Plant & Equipment	5,384	5,326	4,976	4,781	4,493
Total Real Estate Assets	5,458	5,394	5,038	4,821	4,549
Cash & Equivalents	9.88	13.21	14.09	9.15	6.48
Accounts Receivable	2.95	1.39	1.37	1.46	0.81
Other Receivables	5.75	5.91	6.17	8.12	6.96
Loans Receivable Current	7.35	-	4.13	-	-
Restricted Cash	0.6	0.47	1.24	1.38	1.44
Other Current Assets	13.5	10.41	13.98	14.43	9.64
Other Long-Term Assets	9.34	14.61	6.48	4.32	4.38
Total Assets	5,507	5,440	5,085	4,860	4,579
Current Portion of Long-Term Debt	356.96	381.23	369.42	340.11	236.94
Long-Term Debt	1,860	1,758	1,735	1,639	1,678
Long-Term Leases	16.09	11.52	11.89	9.63	9.6
Accounts Payable	35.16	45.13	35.31	44	53.11
Accrued Expenses	6.26	5.83	5.36	4.25	3.87
Other Current Liabilities	77.52	88.14	90.26	19.69	17.93
Long-Term Deferred Tax Liabilities	-	-	278.98	245.82	227
Other Long-Term Liabilities	6.94	5.89	5.73	67.39	100.86
Total Liabilities	2,444	2,350	2,603	2,586	2,467
Common Stock	1,434	1,401	1,377	1,351	1,230
Additional Paid-In Capital	-	0.61	0.73	0.8	0.8
Retained Earnings	1,630	1,688	1,104	921.07	880.23
Total Common Equity	3,064	3,090	2,483	2,273	2,111
Minority Interest	-	-	-	0.16	0.14
Shareholders' Equity	3,064	3,090	2,483	2,273	2,111
Total Liabilities & Equity	5,507	5,440	5,085	4,860	4,579
Total Debt	2,318	2,205	2,187	2,205	2,064
Net Cash (Debt)	-2,308	-2,192	-2,173	-2,196	-2,058
Net Cash Per Share	-18.53	-17.80	-17.86	-18.35	-18.43
Filing Date Shares Outstanding	121.46	119.62	118.3	116.8	110.56
Total Common Shares Outstanding	121.46	119.62	118.3	116.8	110.56
Book Value Per Share	25.22	25.83	20.99	19.46	19.10
Tangible Book Value	3,064	3,090	2,483	2,273	2,111
Tangible Book Value Per Share	25.22	25.83	20.99	19.46	19.10
Land	0.27	0.27	0.27	0.27	0.27
Buildings	2.24	2.24	2.24	2.24	2.25
Construction In Progress	67.88	91.11	44.62	135.2	201.32

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