TSXV:PINE.UN 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	0.15	0.12	0.08	0.19	0.16	0.06
Other Current Assets	0.04	0.04	0.03	0.02	0.01	0.01
Other Long-Term Assets	3.4	3.4	3.4	3.4	3.65	3
Total Assets	3.59	3.56	3.51	3.61	3.82	3.08
Accounts Payable	0.07	0.1	0.1	0.13	0.15	0.22
Accrued Expenses	0.11	0.1	0.08	0.07	0.11	0.06
Other Current Liabilities	0.11	0.11	0.11	0.11	0.11	0.11
Total Liabilities	0.29	0.3	0.29	0.31	0.37	0.39
Common Stock	3.06	3.06	3.06	3.06	3.06	3.06
Distributions in Excess of Earnings	-	-	-	-	-	-0.37
Retained Earnings	0.25	0.2	0.16	0.24	0.4	-
Shareholders' Equity	3.3	3.26	3.22	3.3	3.46	2.69
Total Liabilities & Equity	3.59	3.56	3.51	3.61	3.82	3.08
Net Cash (Debt)	0.15	0.12	0.08	0.19	0.16	0.06
Net Cash (Debt) Growth	85.17%	50.77%	-56.29%	15.67%	160.01%	23.70%
Net Cash Per Share	0.00	0.00	0.00	0.01	0.00	0.00
Filing Date Shares Outstanding	35.44	35.44	35.44	35.44	35.44	35.44
Total Common Shares Outstanding	35.44	35.44	35.44	35.44	35.44	35.44
Book Value Per Share	0.09	0.09	0.09	0.09	0.10	0.08
Tangible Book Value	3.3	3.26	3.22	3.3	3.46	2.69
Tangible Book Value Per Share	0.09	0.09	0.09	0.09	0.10	0.08

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