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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 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	74	202	641	900	1,162	1,568
Cash & Short-Term Investments	74	202	641	900	1,162	1,568
Cash Growth	-88.55%	-68.49%	-28.78%	-22.55%	-25.89%	240.13%
Accounts Receivable	301	186	239	250	286	441
Other Receivables	111	137	77	154	209	109
Receivables	412	323	316	404	495	550
Inventory	793	828	844	851	1,032	1,061
Prepaid Expenses	51	34	36	40	60	38
Other Current Assets	-	-	-	182	-	-
Total Current Assets	1,330	1,387	1,837	2,377	2,749	3,217
Property, Plant & Equipment	3,490	3,593	3,842	3,835	3,982	4,100
Long-Term Investments	1	-	-	-	12	-
Goodwill	-	1,471	1,879	1,949	1,944	1,975
Other Intangible Assets	2,027	590	659	734	765	833
Long-Term Deferred Tax Assets	71	6	7	6	4	8
Long-Term Deferred Charges	-	-	-	-	-	1
Other Long-Term Assets	518	573	536	514	517	299
Total Assets	7,437	7,620	8,760	9,415	9,973	10,433
Accounts Payable	-	398	401	417	430	411
Accrued Expenses	-	94	107	129	206	333
Short-Term Debt	55	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	200	300	-	-
Current Portion of Leases	11	9	10	13	11	11
Current Income Taxes Payable	8	14	75	7	12	312
Other Current Liabilities	572	136	141	184	133	139
Total Current Liabilities	646	651	934	1,050	792	1,206
Long-Term Debt	300	300	-	199	499	500
Long-Term Leases	25	24	19	26	26	18
Pension & Post-Retirement Benefits	78	102	97	106	77	168
Long-Term Deferred Tax Liabilities	400	397	609	683	795	712
Other Long-Term Liabilities	422	297	147	128	165	173
Total Liabilities	1,871	1,771	1,806	2,192	2,354	2,777
Common Stock	2,496	2,496	2,549	2,607	2,667	3,402
Retained Earnings	3,355	3,630	4,726	4,913	5,284	4,503
Comprehensive Income & Other	-285	-277	-321	-297	-332	-249
Shareholders' Equity	5,566	5,849	6,954	7,223	7,619	7,656
Total Liabilities & Equity	7,437	7,620	8,760	9,415	9,973	10,433
Total Debt	391	333	229	538	536	529
Net Cash (Debt)	-317	-131	412	362	626	1,039
Net Cash Growth	-	-	13.81%	-42.17%	-39.75%	-
Net Cash Per Share	-4.04	-1.65	5.08	4.35	6.65	9.53
Filing Date Shares Outstanding	78.3	78.3	79.69	81.68	83.56	105.65
Total Common Shares Outstanding	78.3	78.3	79.99	81.72	83.56	105.93
Working Capital	684	736	903	1,327	1,957	2,011
Book Value Per Share	71.08	74.70	86.94	88.39	91.18	72.28
Tangible Book Value	3,539	3,788	4,416	4,540	4,910	4,848
Tangible Book Value Per Share	45.20	48.38	55.21	55.55	58.76	45.77
Machinery	-	7,204	6,939	6,524	6,702	6,500
Construction In Progress	-	282	445	376	359	252