Richards Group Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5.93	6.19	8.12	5.45	8.42
Cash & Short-Term Investments	5.93	6.19	8.12	5.45	8.42
Cash Growth	-4.17%	-23.77%	49.05%	-35.33%	9.07%
Accounts Receivable	48.71	52.91	53.99	55.64	49.69
Other Receivables	0.92	0.24	0.29	2.01	0.6
Receivables	49.63	53.15	54.28	57.65	50.29
Inventory	105.29	79.97	74.95	101.77	107.14
Prepaid Expenses	1.9	1.02	0.85	1.07	1.15
Other Current Assets	3.56	2.38	4.39	4.6	5.19
Total Current Assets	166.31	142.71	142.59	170.53	172.19
Property, Plant & Equipment	46.83	42.23	36.29	37.7	44.05
Long-Term Investments	0.55	0.53	0.62	0.73	0.69
Goodwill	120.9	116.92	112.19	113.18	110.49
Other Intangible Assets	64.84	28.34	26.52	27.75	29.49
Long-Term Deferred Charges	0.41	-	-	-	-
Other Long-Term Assets	2.11	0.54	-	-	-
Total Assets	401.94	331.26	318.2	349.89	356.9
Accounts Payable	42.34	44.64	43.47	38.76	57.63
Accrued Expenses	12.54	13.04	11.85	12.15	11.47
Short-Term Debt	-	13.35	-	-	-
Current Portion of Long-Term Debt	11.88	-	15.87	19.92	28.42
Current Portion of Leases	10.42	9.11	6.69	6.85	6.83
Current Income Taxes Payable	-0.95	0.37	-0.58	2.14	0.9
Current Unearned Revenue	2.77	2.58	3.38	3.66	4.84
Other Current Liabilities	10.95	5.13	4.66	4.37	51.73
Total Current Liabilities	89.95	88.22	85.33	87.85	161.82
Long-Term Debt	46.82	-	18.02	64.82	22.69
Long-Term Leases	34.55	31.68	28.47	29.56	34.51
Long-Term Deferred Tax Liabilities	8.53	6.33	6.24	6.16	7.05
Other Long-Term Liabilities	4.95	0.99	-	-	-
Total Liabilities	184.8	127.21	138.06	188.39	226.07
Common Stock	14.73	-	-	-	-
Retained Earnings	182.54	180.75	163.3	143.04	119.88
Comprehensive Income & Other	19.88	23.3	16.84	18.47	10.95
Shareholders' Equity	217.14	204.05	180.15	161.5	130.83
Total Liabilities & Equity	401.94	331.26	318.2	349.89	356.9
Total Debt	103.67	54.14	69.05	121.15	92.45
Net Cash (Debt)	-97.74	-47.95	-60.93	-115.71	-84.03
Net Cash Per Share	-8.56	-4.20	-5.34	-10.13	-7.23
Filing Date Shares Outstanding	11.26	10.96	10.96	10.96	10.96
Total Common Shares Outstanding	11.42	10.96	10.96	10.96	10.96
Working Capital	76.36	54.5	57.26	82.68	10.37
Book Value Per Share	19.02	18.63	16.44	14.74	11.94
Tangible Book Value	31.41	58.8	41.44	20.56	-9.14
Tangible Book Value Per Share	2.75	5.37	3.78	1.88	-0.83
Buildings	6.74	4.39	3.66	2.81	2.34
Machinery	5.39	6.12	6.73	7	6.66

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