Prairie Provident Resources Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 43.2M | 79.8M | 120.6M | 84.4M |
| Operating Revenue | 43.2M | 79.8M | 120.6M | 84.4M |
| Cost Of Revenue | 42.8M | 73.2M | 89.7M | 73.5M |
| Gross Profit | 477,000 | 6.6M | 30.9M | 10.9M |
| Selling General And Administration | 8.8M | 10.5M | 7.6M | 5.8M |
| General And Administrative Expense | 8.8M | 10.5M | 7.6M | 5.8M |
| Other Operating Expenses | 19,000 | 406,000 | 967,000 | 1.2M |
| Operating Expense | 8.8M | 10.9M | 8.6M | 7.0M |
| Operating Income | -8.3M | -4.3M | 22.3M | 3.9M |
| EBIT | -1.6M | -2.4M | 15.7M | 25.8M |
| Interest Expense | 15.3M | 19.0M | 18.1M | 15.4M |
| Interest Expense Non Operating | 15.3M | 19.0M | 18.1M | 15.4M |
| Interest Income | 240,000 | 114,000 | -- | -- |
| Interest Income Non Operating | 240,000 | 114,000 | -- | -- |
| Net Interest Income | -15.1M | -18.9M | -18.3M | -15.8M |
| Other Income Expense | 6.5M | 1.7M | -6.4M | 22.4M |
| Other Non Operating Income Expenses | 83,000 | 1.0M | 1.7M | 2.0M |
| Special Income Charges | 7.6M | -12.2M | 15.6M | 43.6M |
| Restructuring And Mergern Acquisition | 195,000 | 1.1M | 1.3M | 1.1M |
| Gain On Sale Of Security | -1.2M | 12.9M | -23.7M | -23.2M |
| Pretax Income | -17.0M | -21.4M | -2.4M | 10.4M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 14,000 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 27,332 |
| Net Income From Continuing And Discontinued Operation | -17.0M | -21.4M | -2.4M | 10.4M |
| Net Income From Continuing Operation Net Minority Interest | -17.0M | -21.4M | -2.4M | 10.4M |
| Net Income Including Noncontrolling Interests | -17.0M | -21.4M | -2.4M | 10.4M |
| Net Income Common Stockholders | -17.0M | -21.4M | -2.4M | 10.4M |
| Net Income | -17.0M | -21.4M | -2.4M | 10.4M |
| EBITDA | 7.7M | 14.5M | 39.1M | 50.6M |
| Normalized EBITDA | 1.2M | 13.8M | 47.2M | 30.2M |
| Reconciled Depreciation | 9.3M | 17.0M | 23.4M | 24.7M |
| Basic EPS | -0.60 | -1.20 | -0.46 | 1.84 |
| Diluted EPS | -0.60 | -1.20 | -0.46 | 1.38 |
| Basic Average Shares | 27.7M | 16.6M | 5.6M | 5.9M |
| Diluted Average Shares | 27.7M | 16.6M | 5.6M | 7.2M |
| Total Unusual Items | 6.4M | 699,000 | -8.1M | 20.4M |
| Total Unusual Items Excluding Goodwill | 6.4M | 699,000 | -8.1M | 20.4M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -23.4M | -22.1M | 5.7M | -9.9M |
| Diluted NI Availto Com Stockholders | -17.0M | -21.4M | -2.4M | 10.4M |
| Gain On Sale Of Ppe | 2.4M | 0.00 | 23,000 | 476,000 |
| Impairment Of Capital Assets | 5.5M | 20.9M | -16.8M | -40.7M |
| Net Income Continuous Operations | -17.0M | -21.4M | -2.4M | 10.4M |
| Net Non Operating Interest Income Expense | -15.1M | -18.9M | -18.3M | -15.8M |
| Other Gand A | 8.7M | 10.2M | 2.9M | 1.2M |
| Other Special Charges | -10.9M | -9.8M | -- | -3.5M |
| Reconciled Cost Of Revenue | 42.8M | 73.2M | 89.7M | 73.5M |
| Rent And Landing Fees | -- | 442,000 | 203,000 | 895,000 |
| Rent Expense Supplemental | -- | 442,000 | 203,000 | 895,000 |
| Salaries And Wages | 98,000 | 306,000 | 4.6M | 3.7M |
| Total Expenses | 51.6M | 84.1M | 98.3M | 80.6M |
| Total Other Finance Cost | 69,000 | 36,000 | 208,000 | 376,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 4.7M | 1.8M | 6.6M | 1.9M |
| Cash Cash Equivalents And Short Term Investments | 4.7M | 1.8M | 6.6M | 1.9M |
| Cash Financial | 4.7M | 1.8M | 6.6M | 1.9M |
| Accounts Receivable | 6.0M | 7.3M | 9.5M | 9.3M |
| Receivables | 6.0M | 7.3M | 9.5M | 9.3M |
| Inventory | -- | -- | 857,000 | 823,000 |
| Prepaid Assets | -- | -- | 4.5M | 3.3M |
| Other Current Assets | 3.5M | 3.3M | 5.3M | 3.3M |
| Current Assets | 18.3M | 67.1M | 25.6M | 19.6M |
| Gross PPE | 687.4M | 682.9M | 742.4M | 751.7M |
| Accumulated Depreciation | -588.4M | -582.6M | -545.5M | -538.9M |
| Net PPE | 99.1M | 100.3M | 196.9M | 212.7M |
| Other Non Current Assets | 553,000 | 619,000 | 619,000 | 619,000 |
| Total Non Current Assets | 99.6M | 100.9M | 197.5M | 213.4M |
| Total Assets | 117.9M | 168.0M | 223.1M | 233.0M |
| Current Debt | 55.6M | 72.6M | 126.3M | -- |
| Current Debt And Capital Lease Obligation | 57.9M | 75.3M | 126.8M | 2.3M |
| Payables And Accrued Expenses | 25.5M | 24.6M | 36.7M | 20.0M |
| Other Current Liabilities | 267,000 | 28.2M | 6.0M | 12.7M |
| Current Liabilities | 90.0M | 133.3M | 175.0M | 39.0M |
| Long Term Debt | -- | -- | -- | 109.7M |
| Long Term Debt And Capital Lease Obligation | 231,000 | 2.4M | 154,000 | 110.3M |
| Long Term Capital Lease Obligation | 231,000 | 2.4M | 154,000 | 584,000 |
| Other Non Current Liabilities | 11.2M | 10.0M | 8.2M | 7.6M |
| Total Non Current Liabilities Net Minority Interest | 76.9M | 78.0M | 117.2M | 260.5M |
| Total Liabilities Net Minority Interest | 166.9M | 211.4M | 292.2M | 299.5M |
| Common Stock | 159.4M | 147.3M | 101.5M | 101.4M |
| Capital Stock | 159.4M | 147.3M | 101.5M | 101.4M |
| Additional Paid In Capital | 39.5M | 39.6M | 39.1M | 38.8M |
| Retained Earnings | -248.0M | -231.1M | -209.6M | -207.2M |
| Gains Losses Not Affecting Retained Earnings | -591,000 | 164,000 | -117,000 | 474,000 |
| Other Equity Adjustments | -591,000 | 164,000 | -117,000 | 474,000 |
| Common Stock Equity | -49.0M | -43.3M | -69.1M | -66.6M |
| Stockholders Equity | -49.0M | -43.3M | -69.1M | -66.6M |
| Total Equity Gross Minority Interest | -49.0M | -43.3M | -69.1M | -66.6M |
| Total Capitalization | -49.0M | -43.3M | -69.1M | 43.1M |
| Net Tangible Assets | -49.0M | -43.3M | -69.1M | -66.6M |
| Tangible Book Value | -49.0M | -43.3M | -69.1M | -66.6M |
| Working Capital | -71.7M | -66.2M | -149.4M | -19.4M |
| Invested Capital | 6.5M | 29.3M | 57.2M | 43.1M |
| Total Debt | 58.2M | 77.8M | 127.0M | 112.5M |
| Net Debt | 50.9M | 70.8M | 119.8M | 107.8M |
| Share Issued | 39.9M | 31.1M | 5.6M | 5.6M |
| Ordinary Shares Number | 39.9M | 31.1M | 5.6M | 5.6M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -20,000 | -30,000 |
| Assets Held For Sale Current | 0.00 | 50.4M | 0.00 | -- |
| Buildings And Improvements | -- | 2.0M | 2.0M | 1.9M |
| Capital Lease Obligations | 2.6M | 5.1M | 648,000 | 2.9M |
| Construction In Progress | 618.1M | 602.4M | 666.7M | 675.1M |
| Current Capital Lease Obligation | 2.4M | 2.7M | 494,000 | 2.3M |
| Current Notes Payable | 5.3M | 6.4M | 59.5M | -- |
| Current Provisions | 6.3M | 5.2M | 5.5M | 4.0M |
| Derivative Product Liabilities | -- | 0.00 | 140,000 | 356,000 |
| Gross Accounts Receivable | -- | -- | 9.6M | 9.3M |
| Hedging Assets Current | -- | -- | -- | 0.00 |
| Line Of Credit | 50.3M | 66.2M | 66.8M | -- |
| Long Term Provisions | 65.5M | 65.6M | 108.7M | 142.3M |
| Machinery Furniture Equipment | 6.3M | 12.8M | 11.6M | 11.5M |
| Other Current Borrowings | -- | -- | -10.4M | -- |
| Other Equity Interest | 729,000 | 729,000 | -- | -- |
| Other Properties | 288,000 | 2.5M | 2.5M | 2.4M |
| Properties | 62.8M | 65.2M | 61.6M | 62.6M |
| Restricted Cash | 4.1M | 4.2M | 4.1M | 4.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 18,000 | -10.6M | 24.5M | 9.7M |
| Cash Flow From Continuing Operating Activities | 18,000 | -10.6M | 24.5M | 9.7M |
| Depreciation And Amortization | 330,000 | 460,000 | 1.9M | 1.6M |
| Depreciation Amortization Depletion | 9.3M | 17.0M | 23.4M | 24.7M |
| Stock Based Compensation | 98,000 | 306,000 | 517,000 | 70,000 |
| Change In Working Capital | 2.4M | -6.4M | 15.8M | -1.5M |
| Change In Other Working Capital | -- | -- | -- | -1.5M |
| Other Non Cash Items | 11.8M | 2.7M | 6.0M | 6.8M |
| Capital Expenditure | -10.8M | -233,000 | -19.0M | -14.3M |
| Purchase Of PPE | -- | -- | -- | 56,000 |
| Net PPE Purchase And Sale | -- | -- | 27,000 | 56,000 |
| Investing Cash Flow | 13.5M | -562,000 | -20.5M | -11.5M |
| Cash Flow From Continuing Investing Activities | 13.5M | -562,000 | -20.5M | -11.5M |
| Issuance Of Debt | 3.1M | 4.9M | 0.00 | 0.00 |
| Repayment Of Debt | -22.7M | -113,000 | -2.4M | -3.0M |
| Net Issuance Payments Of Debt | -19.6M | 4.8M | -2.4M | -2.0M |
| Issuance Of Capital Stock | 8.9M | 4.0M | 0.00 | -- |
| Net Common Stock Issuance | 8.9M | 4.0M | 0.00 | -- |
| Financing Cash Flow | -10.7M | 6.5M | 520,000 | -885,000 |
| Cash Flow From Continuing Financing Activities | -10.7M | 6.5M | -2.0M | -885,000 |
| Changes In Cash | 2.9M | -4.7M | 4.5M | -2.7M |
| Beginning Cash Position | 1.8M | 6.6M | 6.2M | 8.9M |
| End Cash Position | 4.7M | 1.8M | 10.7M | 6.2M |
| Free Cash Flow | -10.7M | -10.9M | 5.5M | -4.6M |
| Interest Paid Supplemental Data | 739,000 | 9.4M | 5.6M | -- |
| Asset Impairment Charge | 5.5M | 20.9M | -16.8M | -40.7M |
| Capital Expenditure Reported | -10.8M | -233,000 | -19.0M | -14.3M |
| Common Stock Issuance | 8.9M | 4.0M | 0.00 | -- |
| Depletion | 9.0M | 16.5M | 21.5M | 23.1M |
| Depreciation | 330,000 | 460,000 | 1.9M | 1.6M |
| Gain Loss On Investment Securities | -416,000 | -3.5M | -7.3M | 13.5M |
| Gain Loss On Sale Of PPE | -2.4M | 0.00 | -23,000 | -476,000 |
| Long Term Debt Issuance | 3.1M | 4.9M | 0.00 | 0.00 |
| Long Term Debt Payments | -22.7M | -113,000 | -2.4M | -3.0M |
| Net Foreign Currency Exchange Gain Loss | 1.1M | -216,000 | 5.2M | 277,000 |
| Net Income From Continuing Operations | -17.0M | -21.4M | -2.4M | 10.4M |
| Net Long Term Debt Issuance | -19.6M | 4.8M | -2.4M | -3.0M |
| Net Other Financing Charges | 11,000 | -2.3M | 2.9M | 1.1M |
| Net Other Investing Changes | 24.3M | -329,000 | -1.5M | 2.8M |
| Net Short Term Debt Issuance | -- | -- | 2.5M | 1.0M |
| Operating Gains Losses | -12.7M | -13.5M | -2.1M | 9.9M |
| Provisionand Write Offof Assets | 651,000 | -190,000 | -- | -- |
| Sale Of PPE | -- | -- | 27,000 | 56,000 |
| Unrealized Gain Loss On Investment Securities | 0.00 | -10.0M | 0.00 | -- |