Minto Apartment Real Estate Investment Trust (TSX:MI.UN)

TSX:MI.UN 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
Property, Plant & Equipment	2,288	2,291	2,367	2,553	2,325	2,121
Total Real Estate Assets	2,443	2,414	2,455	2,611	2,361	2,138
Cash & Equivalents	8.12	5.88	3.74	5.32	2.85	2.61
Accounts Receivable	0.63	0.55	0.92	0.91	0.79	0.63
Other Receivables	1.65	3.11	2.29	2.38	1.29	1.42
Investment In Debt and Equity Securities	0.22	0.7	1.95	2.7	0.31	-
Loans Receivable Current	95.33	128.91	133.29	98.3	63.31	41.99
Restricted Cash	1.92	1.74	1.49	1.43	1.22	1.18
Other Current Assets	24.34	90.31	103.92	12.67	10.37	17.36
Other Long-Term Assets	52.09	-	-	-	-	-
Total Assets	2,628	2,645	2,702	2,735	2,441	2,203
Current Portion of Long-Term Debt	151.1	153.57	93.51	289.44	146.84	71.92
Long-Term Debt	1,369	1,315	1,481	1,184	1,244	1,243
Accounts Payable	11.78	11.6	8.61	4.71	9.15	8.35
Accrued Expenses	18.25	16.21	13.07	18.46	8.88	6.3
Other Current Liabilities	15.07	20.39	16.16	4.53	3.47	11.38
Other Long-Term Liabilities	8.63	6.97	7.06	15.01	15.05	12
Total Liabilities	1,582	1,530	1,625	1,521	1,431	1,353
Common Stock	682.82	735.31	711.02	710.87	714.12	631.43
Retained Earnings	362.67	380.44	366.36	502.66	295.88	218.79
Shareholders' Equity	1,045	1,116	1,077	1,214	1,010	850.22
Total Liabilities & Equity	2,628	2,645	2,702	2,735	2,441	2,203
Total Debt	1,528	1,475	1,580	1,479	1,394	1,315
Net Cash (Debt)	-1,520	-1,469	-1,576	-1,473	-1,391	-1,312
Net Cash Per Share	-41.50	-37.11	-39.50	-36.93	-34.72	-36.18
Filing Date Shares Outstanding	36.63	39.58	39.91	39.89	40.07	36.27
Total Common Shares Outstanding	36.63	39.58	39.9	39.89	40.07	36.27
Book Value Per Share	28.54	28.19	27.00	30.42	25.21	23.44
Tangible Book Value	1,045	1,116	1,077	1,214	1,010	850.22
Tangible Book Value Per Share	28.54	28.19	27.00	30.42	25.21	23.44

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.