TSX:MRG.UN Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	81.32	114.63	51.26	17.83	14.64	26.56
Cash & Short-Term Investments	81.32	114.63	51.26	17.83	14.64	26.56
Cash Growth	65.54%	123.64%	187.56%	21.79%	-44.90%	-2.72%
Accounts Receivable	8.76	10.63	12.58	9.57	11.4	7.19
Restricted Cash	3.62	4.53	4.86	4.08	89	11.8
Other Current Assets	46.54	21.31	98.98	11.7	87.07	75.2
Total Current Assets	140.25	151.1	167.68	43.17	202.1	120.75
Net Property, Plant & Equipment	4,404	4,312	4,333	3,999	3,627	3,256
Long-Term Investments	74.64	72.64	70.87	53.28	105.46	96.38
Total Assets	4,619	4,536	4,572	4,096	3,934	3,473
Accounts Payable	83.82	63.97	73.61	54.77	53.72	47.71
Current Portion of Long-Term Debt	192.25	191.7	218.92	167.62	219.95	96.98
Total Current Liabilities	276.06	255.67	292.53	222.4	273.66	144.69
Long-Term Debt	1,572	1,562	1,555	1,380	1,247	1,278
Long-Term Leases	17.22	16.94	17.61	16.06	16.24	9.07
Other Long-Term Liabilities	594.88	595.37	594.51	517.81	541.77	480.25
Total Long-Term Liabilities	2,184	2,174	2,167	1,914	1,805	1,767
Total Liabilities	2,460	2,430	2,460	2,136	2,079	1,912
Total Common Shareholders' Equity	2,046	1,995	2,001	1,853	1,753	1,485
Minority Interest	113.34	111.4	110.65	106.87	101.91	76.65
Shareholders' Equity	2,159	2,106	2,112	1,960	1,855	1,561
Total Liabilities & Equity	4,619	4,536	4,572	4,096	3,934	3,473
Total Debt	1,781	1,771	1,792	1,564	1,484	1,384
Net Cash (Debt)	-1,700	-1,656	-1,740	-1,546	-1,469	-1,357
Net Cash Per Share	-48.65	-47.41	-30.69	-26.43	-26.09	-22.44
Book Value	2,046	1,995	2,001	1,853	1,753	1,485
Book Value Per Share	58.55	57.10	35.29	31.67	31.14	24.54
Tangible Book Value	2,046	1,995	2,001	1,853	1,753	1,485
Tangible Book Value Per Share	58.55	57.10	35.29	31.67	31.14	24.54