City Office REIT 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 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
Property, Plant & Equipment	902.64	1,293	1,345	1,402	1,436	968.38
Cash & Equivalents	21.35	18.89	30.08	28.19	21.32	25.31
Accounts Receivable	40.9	52.31	53.45	44.43	30.42	32.97
Investment In Debt and Equity Securities	-	0.05	0.05	-	-	-
Other Intangible Assets	16.52	23.88	29.08	38.67	48.29	31.02
Restricted Cash	17.94	15.07	13.31	16.08	20.95	20.65
Other Current Assets	35.78	12.59	-	-	-	46.05
Trading Asset Securities	-	-	1.27	-	-	-
Deferred Long-Term Charges	29.51	36.04	34.4	38.76	40.96	29.95
Other Long-Term Assets	2.6	4	4.27	6.46	3.86	2.96
Total Assets	1,067	1,456	1,511	1,574	1,602	1,157
Current Portion of Long-Term Debt	145.44	305.42	-	-	-	-
Current Portion of Leases	0.07	0.66	-	-	-	-
Long-Term Debt	254.87	342.34	671.12	690.1	654.05	679.24
Long-Term Leases	1.52	9.26	10.1	10.28	10.59	7.77
Accounts Payable	29.01	34.54	29.07	35.75	27.1	25.41
Other Current Liabilities	8.13	-	-	-	-	0.53
Long-Term Unearned Revenue	6.9	7.01	7.67	9.15	11.6	7.3
Other Long-Term Liabilities	10.84	21.9	20.78	25.99	27.58	19.16
Total Liabilities	456.78	721.13	738.74	771.27	730.92	739.42
Preferred Stock, Redeemable	112	112	112	112	112	112
Common Stock	0.4	0.4	0.4	0.4	0.44	0.43
Additional Paid-In Capital	444.36	442.33	438.87	436.16	482.06	479.41
Retained Earnings	55.17	179.84	221.21	251.54	275.5	-172.96
Comprehensive Income & Other	-1.88	-0.71	-0.25	2.73	-0.38	-1.96
Total Common Equity	498.05	621.86	660.23	690.83	757.62	304.93
Minority Interest	0.4	0.69	0.4	0.34	0.98	0.95
Shareholders' Equity	610.45	734.54	772.63	803.17	870.6	417.88
Total Liabilities & Equity	1,067	1,456	1,511	1,574	1,602	1,157
Total Debt	401.9	657.68	681.22	700.38	664.63	687.02
Net Cash (Debt)	-380.55	-638.8	-649.87	-672.19	-643.31	-661.71
Net Cash Per Share	-9.44	-15.91	-16.28	-15.68	-14.57	-14.01
Filing Date Shares Outstanding	40.36	40.36	40.15	39.93	43.55	43.4
Total Common Shares Outstanding	40.36	40.15	39.94	39.72	43.55	43.4
Book Value Per Share	12.34	15.49	16.53	17.39	17.39	7.03
Tangible Book Value	481.53	597.98	631.15	652.16	709.32	273.91
Tangible Book Value Per Share	11.93	14.89	15.80	16.42	16.29	6.31
Land	146.31	190.37	193.52	199.54	204.8	204.29
Buildings	840	1,170	1,195	1,215	1,244	777.18

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

SEC Filings: 10-K · 10-Q