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

MI.UN Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Property, Plant & Equipment	2,339	2,367	2,553	2,325	2,121	2,002
Total Real Estate Assets	2,431	2,455	2,611	2,361	2,138	2,016
Cash & Equivalents	7.69	3.74	5.32	2.85	2.61	1.93
Accounts Receivable	0.7	0.92	0.91	0.79	0.63	0.3
Other Receivables	2.17	2.29	2.38	1.29	1.42	1.53
Investment In Debt and Equity Securities	2.01	1.95	2.7	0.31	-	1.11
Loans Receivable Current	111.72	133.29	98.3	63.31	41.99	19.92
Restricted Cash	1.56	1.49	1.43	1.22	1.18	1.01
Other Current Assets	19.29	17.92	12.67	10.37	17.36	8.17
Other Long-Term Assets	-	86	-	-	-	-
Total Assets	2,576	2,702	2,735	2,441	2,203	2,050
Current Portion of Long-Term Debt	53.59	93.51	289.44	146.84	71.92	27.14
Long-Term Debt	1,013	1,064	822.12	745.1	779.31	778.71
Accounts Payable	7.63	8.61	4.71	9.15	8.35	5.57
Accrued Expenses	12.07	13.07	18.46	8.88	6.3	11.63
Other Current Liabilities	15.08	16.15	4.53	3.47	11.38	3.04
Other Long-Term Liabilities	415.37	423.79	376.87	513.47	475.81	537.43
Total Liabilities	1,523	1,625	1,521	1,431	1,353	1,364
Common Stock	711.13	711.02	710.87	714.12	631.43	631.43
Retained Earnings	342.53	366.36	502.66	295.88	218.79	55.34
Shareholders' Equity	1,054	1,077	1,214	1,010	850.22	686.78
Total Liabilities & Equity	2,576	2,702	2,735	2,441	2,203	2,050
Total Debt	1,072	1,163	1,117	895.74	851.23	805.85
Net Cash / Debt	-1,064.71	-1,159.38	-1,111.39	-892.89	-848.62	-803.93
Net Cash Per Share	-26.68	-29.06	-27.86	-22.28	-23.39	-22.16
Filing Date Shares Outstanding	39.91	39.91	39.89	40.07	36.27	36.27
Total Common Shares Outstanding	39.91	39.9	39.89	40.07	36.27	36.27
Book Value Per Share	26.40	27.00	30.42	25.21	23.44	18.93
Tangible Book Value	1,054	1,077	1,214	1,010	850.22	686.78
Tangible Book Value Per Share	26.40	27.00	30.42	25.21	23.44	18.93

Source: S&P Capital IQ. Real Estate template. Financial Sources.