Flagship Communities Real Estate Investment Trust (TSX:MHC.UN)

TSX:MHC.UN Balance Sheet

Financials in millions USD. 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
Cash & Equivalents	9.75	7.26	7.81	16.93	15.45
Cash & Short-Term Investments	9.75	7.26	7.81	16.93	15.45
Cash Growth	34.20%	-7.04%	-53.83%	9.55%	34.37%
Accounts Receivable	1.6	1.98	0.95	0.87	0.75
Restricted Cash	4.2	3.21	3.99	2.3	1.58
Other Current Assets	3.69	3.34	3.1	2.84	1.84
Total Current Assets	19.24	15.8	15.86	22.94	19.62
Net Property, Plant & Equipment	1,339	1,091	884.15	773.77	673.04
Other Long-Term Assets	2.6	3.08	2.59	2.56	2.46
Total Assets	1,361	1,109	902.6	799.27	695.13
Accounts Payable	0.67	1.93	2.18	0.41	0.98
Short-Term Debt	-	3	10	10	-
Current Portion of Long-Term Debt	1.91	45.27	21.52	0.73	0.64
Other Current Liabilities	131.73	98.81	100.81	98.5	112.34
Total Current Liabilities	134.3	149	134.51	20.85	9.1
Long-Term Debt	531.72	374.55	331.85	331.83	258.47
Other Long-Term Liabilities	6.2	0.29	0.17	0.06	-
Total Long-Term Liabilities	537.92	374.84	332.02	420.67	363.33
Total Liabilities	672.22	523.84	466.53	441.52	372.43
Shareholders' Equity	688.73	585.65	436.07	357.75	322.69
Total Liabilities & Equity	1,361	1,109	902.6	799.27	695.13
Total Debt	533.63	422.82	363.37	342.56	259.11
Net Cash (Debt)	-523.88	-415.56	-355.56	-325.64	-243.66
Net Cash Per Share	-	-17.42	-17.11	-16.59	-15.89
Book Value	688.73	585.65	436.07	357.75	322.69
Book Value Per Share	-	24.55	20.99	18.22	21.04
Tangible Book Value	688.73	585.65	436.07	357.75	322.69
Tangible Book Value Per Share	-	24.55	20.99	18.22	21.04

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.