RFA Financial 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
Property, Plant & Equipment	1,753	1,838	2,136	2,452	3,304	3,894
Cash & Equivalents	136.08	25.57	32.79	28.94	29.17	221.47
Accounts Receivable	10.68	2.66	3.96	3.11	3.28	4.69
Other Receivables	144.07	4.86	10.44	12.85	14.03	9.98
Investment In Debt and Equity Securities	154.9	65.58	224.72	296.09	430.95	77.19
Loans Receivable Current	29.69	0.63	0.2	14.74	0.99	0.83
Restricted Cash	10.14	6.74	7.14	7.03	10.67	32.21
Other Current Assets	452.27	251.18	206.89	580.17	347.97	70.88
Other Long-Term Assets	65.55	122	180.78	340.51	412.71	264.56
Total Assets	5,472	2,318	2,803	3,735	4,554	4,576
Current Portion of Long-Term Debt	268.03	377.5	501.04	863.23	1,252	801.52
Current Portion of Leases	1.31	0.75	-	-	-	-
Long-Term Debt	965.15	606.07	631	1,042	962.67	1,164
Long-Term Leases	21.5	2.28	-	-	-	-
Accounts Payable	46.68	20.93	19.81	18.74	29.47	36.75
Accrued Expenses	76.15	17.23	20.65	23.07	21.64	21.18
Other Current Liabilities	1,468	34.92	44.18	66.43	47.3	95.1
Long-Term Deferred Tax Liabilities	71.02	-	-	3.31	9.53	-
Other Long-Term Liabilities	1,100	3.53	5.51	1.61	1.87	2.01
Total Liabilities	4,024	1,063	1,222	2,019	2,325	2,121
Preferred Stock, Redeemable	-	171.26	175.85	191.69	205.81	288.22
Common Stock	1,922	1,450	1,529	1,639	1,752	1,866
Additional Paid-In Capital	276.51	252.14	212.45	150.69	87.79	68.73
Retained Earnings	-1,038	-879.65	-640.13	-488.88	-72.96	86.67
Comprehensive Income & Other	270.37	260.31	303.85	224.26	256.59	145.76
Total Common Equity	1,430	1,083	1,405	1,525	2,023	2,167
Shareholders' Equity	1,448	1,254	1,581	1,716	2,229	2,455
Total Liabilities & Equity	5,472	2,318	2,803	3,735	4,554	4,576
Total Debt	1,259	986.6	1,132	1,906	2,215	1,966
Net Cash (Debt)	-1,065	-961.03	-1,099	-1,877	-2,186	-1,744
Net Cash Per Share	-10.52	-9.83	-10.46	-50.58	-55.35	-40.24
Filing Date Shares Outstanding	46.39	95.56	33.15	35.98	38.47	39.99
Total Common Shares Outstanding	46.61	95.56	33.58	35.98	38.47	41.18
Book Value Per Share	30.69	11.34	41.85	42.37	52.60	52.62
Tangible Book Value	1,246	1,083	1,405	1,525	2,023	2,167
Tangible Book Value Per Share	26.74	11.34	41.85	42.37	52.60	52.62
Construction In Progress	-	-	-	0.95	191.55	195.16