FTAI Infrastructure Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	20.3	29.37	36.49	49.87	15.71	6.52
Short-Term Investments	-	-	22.8	17.2	-	-
Cash & Short-Term Investments	20.3	29.37	59.29	67.07	15.71	6.52
Cash Growth	-22.97%	-50.47%	-11.61%	327.05%	140.82%	-
Accounts Receivable	55.17	55.99	60.81	50.3	4.95	14.95
Receivables	84.05	77.39	80.81	57.8	5.65	14.95
Inventory	-	0.3	3.6	6.8	0.1	5.6
Prepaid Expenses	7.71	8.9	16.4	17.4	4.2	2.7
Restricted Cash	124.34	58.11	113.16	251.98	39.72	10.35
Other Current Assets	10.68	11.43	4.56	11.93	19.14	0.91
Total Current Assets	247.07	185.5	277.8	412.98	84.52	41.03
Property, Plant & Equipment	1,730	1,736	1,780	1,625	1,038	800.69
Long-Term Investments	59.15	72.7	73.59	54.41	123.79	155.9
Goodwill	275.37	275.37	260.25	257.14	122.74	122.64
Other Intangible Assets	47.24	52.62	60.2	67.74	13.03	16.58
Other Long-Term Assets	26.33	45.55	16.03	14.88	17	17.47
Total Assets	2,437	2,380	2,478	2,442	1,399	1,154
Accounts Payable	144.57	118.8	132.15	113.06	52.28	76.09
Accrued Expenses	5.58	10.1	13.39	6.88	1.5	0.5
Current Portion of Long-Term Debt	-	-	-	-	25	146.01
Current Portion of Leases	7.27	7.22	7.05	2.9	0.89	0.57
Current Unearned Revenue	-	5.8	3.3	-	-	-
Other Current Liabilities	16.25	8.72	3.7	6.63	2.69	2.68
Total Current Liabilities	173.68	150.64	159.58	129.47	82.36	225.85
Long-Term Debt	1,536	1,341	1,230	718.62	253.47	112.07
Long-Term Leases	61.65	62.44	63.15	67.51	60.01	35.21
Other Long-Term Liabilities	46.38	87.53	236.13	29.96	7.77	15.21
Total Liabilities	1,817	1,642	1,689	980.26	403.61	388.34
Common Stock	1.14	1.01	0.99	1,618	999.29	729.06
Additional Paid-In Capital	785.73	843.97	911.6	-	-	-
Retained Earnings	-291.51	-182.17	-60.84	-	-	-
Comprehensive Income & Other	-124.59	-178.52	-300.13	-155.46	-26.24	0.37
Total Common Equity	370.77	484.29	551.62	1,462	973.05	729.43
Minority Interest	-117.58	-71.43	-26.83	-0.09	22.34	36.54
Shareholders' Equity	620.1	738.09	789.38	1,462	995.4	765.97
Total Liabilities & Equity	2,437	2,380	2,478	2,442	1,399	1,154
Total Debt	1,605	1,411	1,300	789.03	339.38	293.86
Net Cash (Debt)	-1,584	-1,381	-1,241	-721.96	-323.67	-287.33
Net Cash Per Share	-15.00	-13.41	-12.08	-7.26	-3.26	-
Filing Date Shares Outstanding	113.75	101.69	99.45	99.39	99.39	-
Total Common Shares Outstanding	113.75	100.59	99.45	99.39	99.39	-
Working Capital	73.39	34.87	118.22	283.52	2.16	-184.82
Book Value Per Share	3.26	4.81	5.55	14.71	-	-
Tangible Book Value	48.17	156.3	231.18	1,137	837.29	590.21
Tangible Book Value Per Share	0.42	1.55	2.32	11.44	-	-
Land	181.6	182.32	183.64	149.91	52.05	51.9
Buildings	18.81	18.77	19.36	19.16	4.49	3.78
Machinery	1,387	1,373	1,308	1,134	614.38	574.79
Construction In Progress	112.74	76.49	127.94	118.08	401.73	206.59

Source: S&P Capital IQ. Standard template. Financial Sources.