Gulf & Pacific Equities Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 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	0.13	0.36	0.73	0.19	0.18	0.15
Short-Term Investments	0.07	0.03	0.02	0.04	0.05	0.04
Cash & Short-Term Investments	0.19	0.39	0.75	0.23	0.23	0.19
Cash Growth	-32.77%	-48.35%	233.69%	-0.43%	20.32%	-43.28%
Accounts Receivable	0.29	0.3	0.46	0.5	0.28	0.26
Other Receivables	-	-	0.03	-	-	-
Total Trade Receivables	0.29	0.3	0.49	0.5	0.28	0.26
Other Current Assets	0.18	0.02	0.01	0.01	0.01	0.01
Total Current Assets	0.66	0.71	1.25	0.73	0.51	0.45
Net Property, Plant & Equipment	49.93	50.38	50.39	47.83	43.52	39.64
Long-Term Investments	0.07	0.03	0.02	0.04	0.05	0.04
Other Long-Term Assets	0.06	0.06	0.06	0.05	0.05	0.03
Total Assets	50.65	51.15	51.7	48.62	44.08	40.13
Accounts Payable	2.52	2.39	2.47	2.82	2.38	2.58
Short-Term Debt	0.23	-	-	-	-	-
Total Current Liabilities	2.75	2.39	2.47	2.82	2.38	2.58
Long-Term Debt	24.13	24.74	25.46	23.31	21.01	21.71
Long-Term Leases	-	0.01	0.03	0	0.02	0.04
Other Long-Term Liabilities	1.82	1.79	1.75	1.66	1.42	1.06
Total Long-Term Liabilities	25.95	26.54	27.25	24.97	22.46	22.82
Total Liabilities	28.7	28.93	29.71	27.79	24.83	25.4
Common Stock	7.54	7.54	7.45	7.45	7.45	7.45
Additional Paid-in Capital	2.91	2.91	2.95	2.95	2.95	2.81
Retained Earnings	11.5	11.78	11.58	10.42	8.85	4.46
Shareholders' Equity	21.94	22.22	21.98	20.82	19.25	54.85
Total Liabilities & Equity	50.65	51.15	51.7	48.62	44.08	80.25
Total Debt	24.36	24.75	25.49	23.31	21.03	21.76
Net Cash (Debt)	-24.17	-24.36	-24.74	-23.08	-20.8	-21.57
Net Cash Per Share	-1.10	-1.11	-1.13	-1.06	-0.97	-1.01
Book Value	21.94	22.22	21.98	20.82	19.25	54.85
Book Value Per Share	1.00	1.01	1.00	0.96	0.90	2.56
Tangible Book Value	21.94	22.22	21.98	20.82	19.25	54.85
Tangible Book Value Per Share	1.00	1.01	1.00	0.96	0.90	2.56

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.