Western Forest Products Inc. (TSX:WEF)

Western Forest Products Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7.9	2.3	15.8	130	2.9
Cash & Short-Term Investments	7.9	2.3	15.8	130	2.9
Cash Growth	243.48%	-85.44%	-87.85%	4382.76%	38.10%
Accounts Receivable	60.1	50.9	60.4	56.3	66.2
Other Receivables	6.6	23.5	17.4	-	-
Receivables	66.7	74.4	80.4	56.3	66.2
Inventory	217.1	213.5	224.8	207.2	177.9
Prepaid Expenses	32.1	33.6	18.7	16.4	16.1
Other Current Assets	10.3	11.1	0.1	1.1	0.6
Total Current Assets	334.1	334.9	339.8	411	263.7
Property, Plant & Equipment	398.2	403.7	413.8	392.3	436.9
Long-Term Investments	-	-	11	10	8.8
Goodwill	7.5	6.9	7	-	-
Other Intangible Assets	88.2	92.3	96.3	100.3	105
Long-Term Deferred Tax Assets	0.1	0.2	0.2	0.2	0.3
Other Long-Term Assets	87.4	77.4	64.7	42.6	37.5
Total Assets	915.5	915.4	932.8	959	852.2
Accounts Payable	110.7	102.8	108.5	112.8	108.7
Accrued Expenses	7.3	7.9	8.3	9.9	8.1
Short-Term Debt	-	0.9	-	-	0.2
Current Portion of Long-Term Debt	-	-	-	-	0.4
Current Portion of Leases	6.7	6.9	6.8	5.5	6.2
Current Income Taxes Payable	-	0.2	0.2	64.1	-
Current Unearned Revenue	2	2	2	2	2
Other Current Liabilities	0.3	0.3	-	-	-
Total Current Liabilities	127	121	125.8	194.3	125.6
Long-Term Debt	85.5	83.8	-	-	71.5
Long-Term Leases	12.8	13	16.4	12.8	15.4
Long-Term Unearned Revenue	40.5	42.5	44.5	46.5	48.4
Long-Term Deferred Tax Liabilities	57	61.6	65.2	53.7	51.2
Other Long-Term Liabilities	18.8	18.8	21.4	22.9	18.4
Total Liabilities	349.2	347.5	281.1	341.8	346.6
Common Stock	405.4	405.4	405.4	420.8	479.9
Additional Paid-In Capital	8.9	8.8	9.1	9	10.4
Retained Earnings	135.8	148.9	229.1	184.5	16.1
Comprehensive Income & Other	8.1	1.9	3.6	-2.2	-1.9
Total Common Equity	558.2	565	647.2	612.1	504.5
Minority Interest	8.1	2.9	4.5	5.1	1.1
Shareholders' Equity	566.3	567.9	651.7	617.2	505.6
Total Liabilities & Equity	915.5	915.4	932.8	959	852.2
Total Debt	105	104.6	23.2	18.3	93.7
Net Cash (Debt)	-97.1	-102.3	-7.4	111.7	-90.8
Net Cash Per Share	-0.31	-0.32	-0.02	0.31	-0.24
Filing Date Shares Outstanding	316.75	316.75	316.74	325.4	375.23
Total Common Shares Outstanding	316.75	316.75	316.74	328.78	375.23
Working Capital	207.1	213.9	214	216.7	138.1
Book Value Per Share	1.76	1.78	2.04	1.86	1.34
Tangible Book Value	462.5	465.8	543.9	511.8	399.5
Tangible Book Value Per Share	1.46	1.47	1.72	1.56	1.06
Land	58.2	57	59.5	58.6	85.2
Buildings	509.6	485.5	483.5	445.6	465.7

Source: S&P Capital IQ. Standard template. Financial Sources.