Nexus Industrial REIT 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	17.88	6.11	11.53	5.92	11.53	82.28
Cash & Short-Term Investments	17.88	6.11	11.53	5.92	11.53	82.28
Cash Growth	96.87%	-47.01%	94.86%	-48.69%	-85.98%	488.00%
Accounts Receivable	15.03	8.08	8.95	12.26	5.94	2.75
Restricted Cash	-	-	-	-	1.47	1.43
Inventory	52.22	60.79	80.04	29.15	70.89	-
Other Current Assets	36.92	24.81	19.02	19.53	19.32	12.49
Total Current Assets	122.05	99.79	119.54	66.86	107.68	97.52
Net Property, Plant & Equipment	2,522	2,507	2,459	2,365	1,824	1,547
Long-Term Investments	18.6	18.54	20.86	18.99	17.48	12.18
Other Long-Term Assets	24.79	24.67	4.82	12.01	17.24	0.09
Total Assets	2,687	2,650	2,604	2,463	1,968	1,658
Accounts Payable	27.42	25.92	41.26	37.89	25.94	25.94
Short-Term Debt	-	11.02	73.11	64.98	-	-
Current Portion of Long-Term Debt	104.11	94.9	41.74	57.51	70.41	58.15
Current Portion of Leases	-	-	-	-	0.05	0.07
Other Current Liabilities	209.46	214.16	207.52	190.52	36.48	3.06
Total Current Liabilities	340.99	346	363.63	350.89	132.88	87.22
Long-Term Debt	1,213	1,188	1,125	1,055	746.16	617.72
Long-Term Leases	10.48	10.51	10.61	10.72	10.5	3.6
Other Long-Term Liabilities	18.42	22.23	43.22	45.77	205.43	260.13
Total Long-Term Liabilities	1,242	1,221	1,179	1,112	962.08	881.45
Total Liabilities	1,583	1,567	1,543	1,463	1,095	968.67
Common Stock	671.57	671.06	663.44	648.17	636.78	536.88
Retained Earnings	432.91	412.23	398.28	352.16	235.76	152.6
Shareholders' Equity	1,104	1,083	1,062	1,000	872.54	689.48
Total Liabilities & Equity	2,687	2,650	2,604	2,463	1,968	1,658
Total Debt	1,327	1,305	1,251	1,189	827.11	679.55
Net Cash (Debt)	-1,309	-1,299	-1,239	-1,183	-815.57	-597.27
Net Cash Per Share	-18.23	-18.10	-13.19	-13.17	-10.27	-11.47
Book Value	1,104	1,083	1,062	1,000	872.54	689.48
Book Value Per Share	15.38	15.10	11.30	11.14	10.99	13.24
Tangible Book Value	1,104	1,083	1,062	1,000	872.54	689.48
Tangible Book Value Per Share	15.38	15.10	11.30	11.14	10.99	13.24