West Fraser Timber Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 26, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	546	641	900	1,162	1,568	461
Cash & Short-Term Investments	546	641	900	1,162	1,568	461
Cash Growth	-45.24%	-28.78%	-22.55%	-25.89%	240.13%	3637.08%
Accounts Receivable	311	239	250	286	441	244
Other Receivables	69	77	154	209	109	41
Receivables	380	316	404	495	550	285
Inventory	792	844	851	1,032	1,061	578
Prepaid Expenses	53	36	40	60	38	12
Other Current Assets	-	-	182	-	-	-
Total Current Assets	1,771	1,837	2,377	2,749	3,217	1,336
Property, Plant & Equipment	3,799	3,842	3,835	3,982	4,100	1,657
Long-Term Investments	-	-	-	12	-	-
Goodwill	-	1,879	1,949	1,944	1,975	559
Other Intangible Assets	2,490	659	734	765	833	404
Long-Term Deferred Tax Assets	1	7	6	4	8	9
Long-Term Deferred Charges	2	-	-	-	1	-
Other Long-Term Assets	523	536	514	517	299	213
Total Assets	8,586	8,760	9,415	9,973	10,433	4,178
Accounts Payable	-	401	417	430	411	198
Accrued Expenses	-	107	129	206	333	143
Current Portion of Long-Term Debt	-	200	300	-	-	7
Current Portion of Leases	11	10	13	11	11	2
Current Income Taxes Payable	14	75	7	12	312	98
Other Current Liabilities	716	141	184	133	139	80
Total Current Liabilities	741	934	1,050	792	1,206	528
Long-Term Debt	300	-	199	499	500	506
Long-Term Leases	23	19	26	26	18	4
Pension & Post-Retirement Benefits	109	97	106	77	168	295
Long-Term Deferred Tax Liabilities	558	609	683	795	712	264
Other Long-Term Liabilities	232	147	128	165	173	103
Total Liabilities	1,963	1,806	2,192	2,354	2,777	1,700
Common Stock	2,499	2,549	2,607	2,667	3,402	481
Retained Earnings	4,405	4,726	4,913	5,284	4,503	2,237
Comprehensive Income & Other	-281	-321	-297	-332	-249	-240
Shareholders' Equity	6,623	6,954	7,223	7,619	7,656	2,478
Total Liabilities & Equity	8,586	8,760	9,415	9,973	10,433	4,178
Total Debt	334	229	538	536	529	519
Net Cash (Debt)	212	412	362	626	1,039	-58
Net Cash Growth	-54.21%	13.81%	-42.17%	-39.75%	-	-
Net Cash Per Share	2.67	5.08	4.35	6.65	9.53	-0.84
Filing Date Shares Outstanding	78.35	79.69	81.68	83.56	105.65	123.16
Total Common Shares Outstanding	78.43	79.99	81.72	83.56	105.93	123.16
Working Capital	1,030	903	1,327	1,957	2,011	808
Book Value Per Share	84.45	86.94	88.39	91.18	72.28	20.12
Tangible Book Value	4,133	4,416	4,540	4,910	4,848	1,515
Tangible Book Value Per Share	52.70	55.21	55.55	58.76	45.77	12.30
Machinery	-	6,939	6,524	6,702	6,500	3,738
Construction In Progress	-	445	376	359	252	138

Updated Sep 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.