Regent Pacific Properties 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 | 1.5M | 1.4M | 1.5M | 1.6M |
| Operating Revenue | 1.5M | 1.4M | 1.5M | 1.6M |
| Cost Of Revenue | 1.2M | 986,198 | 1.0M | 999,648 |
| Gross Profit | 337,196 | 430,556 | 491,194 | 557,472 |
| Selling General And Administration | 177,299 | 191,914 | 180,180 | 193,558 |
| General And Administrative Expense | 177,299 | 191,914 | 180,180 | 193,558 |
| Depreciation And Amortization In Income Statement | 6,574 | 2,696 | 3,370 | 4,212 |
| Other Operating Expenses | -946,305 | -841,283 | -927,905 | -897,910 |
| Operating Expense | -762,432 | -646,673 | -744,355 | -700,140 |
| Operating Income | 1.1M | 1.1M | 1.2M | 1.3M |
| EBIT | 1.1M | 1.0M | 553,034 | 143,634 |
| Interest Expense | 592,360 | 570,706 | 584,283 | 619,512 |
| Interest Expense Non Operating | 592,360 | 570,706 | 584,283 | 619,512 |
| Interest Income | 2,540 | 252.00 | 262.00 | 61,353 |
| Interest Income Non Operating | 2,540 | 252.00 | 262.00 | 61,353 |
| Net Interest Income | -617,040 | -571,954 | -585,521 | -559,659 |
| Other Income Expense | 56,441 | -32,301 | -681,277 | -1.2M |
| Other Non Operating Income Expenses | -- | -2,617 | -- | 5,062 |
| Special Income Charges | -- | -2,617 | -2,445 | 25,062 |
| Gain On Sale Of Security | 56,441 | -29,684 | -678,832 | -1.2M |
| Pretax Income | 539,029 | 472,974 | -31,249 | -475,878 |
| Tax Provision | 136,687 | 122,043 | 89,277 | 59,911 |
| Tax Effect Of Unusual Items | 14,312 | -7,659 | -178,563 | -311,065 |
| Net Income From Continuing And Discontinued Operation | 402,342 | 350,931 | -120,526 | -535,789 |
| Net Income From Continuing Operation Net Minority Interest | 402,342 | 350,931 | -120,526 | -535,789 |
| Net Income Including Noncontrolling Interests | 402,342 | 350,931 | -120,526 | -535,789 |
| Net Income Common Stockholders | 402,342 | 350,931 | -120,526 | -535,789 |
| Net Income | 402,342 | 350,931 | -120,526 | -535,789 |
| EBITDA | 1.1M | 1.0M | 556,404 | 147,846 |
| Normalized EBITDA | 1.1M | 1.1M | 1.2M | 1.3M |
| Reconciled Depreciation | 6,574 | 2,696 | 3,370 | 4,212 |
| Basic EPS | 0.01 | 0.01 | -0.00 | -0.01 |
| Diluted EPS | 0.01 | 0.01 | -0.00 | -0.01 |
| Basic Average Shares | 40.0M | 40.0M | 40.0M | 40.0M |
| Diluted Average Shares | 40.0M | 40.0M | 40.0M | 40.0M |
| Total Unusual Items | 56,441 | -29,684 | -681,277 | -1.2M |
| Total Unusual Items Excluding Goodwill | 56,441 | -29,684 | -681,277 | -1.2M |
| Tax Rate For Calcs | 0.25 | 0.26 | 0.26 | 0.27 |
| Normalized Income | 360,213 | 372,956 | 382,188 | 326,977 |
| Amortization | -- | -- | -- | 4,212 |
| Amortization Of Intangibles Income Statement | -- | -- | -- | 4,212 |
| Depreciation Amortization Depletion Income Statement | 6,574 | 2,696 | 3,370 | 4,212 |
| Depreciation Income Statement | 6,574 | 2,696 | 3,370 | 4,212 |
| Diluted NI Availto Com Stockholders | 402,342 | 350,931 | -120,526 | -535,789 |
| Net Income Continuous Operations | 402,342 | 350,931 | -120,526 | -535,789 |
| Net Non Operating Interest Income Expense | -617,040 | -571,954 | -585,521 | -559,659 |
| Other Gand A | 165,681 | 176,179 | 180,180 | 193,558 |
| Other Special Charges | -- | 2,617 | 2,445 | -25,062 |
| Reconciled Cost Of Revenue | 1.2M | 986,198 | 1.0M | 999,648 |
| Salaries And Wages | 11,618 | 15,735 | 0.00 | -- |
| Total Expenses | 417,526 | 339,525 | 297,398 | 299,508 |
| Total Other Finance Cost | 27,220 | 1,500 | 1,500 | 1,500 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Accounts Receivable | 9,196 | 14,344 | 6,221 | 74,033 |
| Receivables | 21,104 | 23,651 | 13,908 | 85,245 |
| Current Assets | 21,104 | 23,651 | 13,908 | 85,245 |
| Gross PPE | 126,434 | 82,259 | 82,259 | 82,259 |
| Accumulated Depreciation | -78,047 | -71,473 | -68,777 | -65,407 |
| Net PPE | 48,387 | 10,786 | 13,482 | 16,852 |
| Total Non Current Assets | 23.8M | 23.1M | 22.9M | 23.6M |
| Total Assets | 23.8M | 23.1M | 22.9M | 23.7M |
| Current Debt | 16.7M | 16.6M | 17.0M | 17.8M |
| Current Debt And Capital Lease Obligation | 16.7M | 16.6M | 17.0M | 17.8M |
| Accounts Payable | 304,972 | 228,919 | 167,782 | 117,250 |
| Payables | 371,207 | 389,615 | 240,989 | 169,449 |
| Payables And Accrued Expenses | 411,327 | 430,201 | 281,109 | 224,799 |
| Current Accrued Expenses | 40,120 | 40,586 | 40,120 | 55,350 |
| Current Deferred Revenue | 44,575 | 8,631 | 36,503 | 44,885 |
| Current Liabilities | 17.2M | 17.1M | 17.3M | 18.0M |
| Long Term Debt | -- | 15.2M | -- | 34,938 |
| Long Term Debt And Capital Lease Obligation | -- | 15.2M | -- | 34,938 |
| Total Non Current Liabilities Net Minority Interest | 2.1M | 2.0M | 1.8M | 1.8M |
| Total Liabilities Net Minority Interest | 19.3M | 19.0M | 19.2M | 19.8M |
| Common Stock | 4.2M | 4.2M | 4.2M | 4.2M |
| Capital Stock | 4.2M | 4.2M | 4.2M | 4.2M |
| Additional Paid In Capital | 587,883 | 576,265 | 560,530 | 560,530 |
| Retained Earnings | -255,939 | -658,281 | -1.0M | -888,686 |
| Common Stock Equity | 4.5M | 4.1M | 3.7M | 3.8M |
| Stockholders Equity | 4.5M | 4.1M | 3.7M | 3.8M |
| Total Equity Gross Minority Interest | 4.5M | 4.1M | 3.7M | 3.8M |
| Total Capitalization | 4.5M | 4.1M | 3.7M | 3.9M |
| Net Tangible Assets | 4.5M | 4.1M | 3.7M | 3.8M |
| Tangible Book Value | 4.5M | 4.1M | 3.7M | 3.8M |
| Working Capital | -17.2M | -17.0M | -17.3M | -17.9M |
| Invested Capital | 21.2M | 20.7M | 20.7M | 21.6M |
| Total Debt | 16.7M | 16.6M | 17.0M | 17.8M |
| Net Debt | 16.7M | 16.6M | 17.0M | 17.8M |
| Share Issued | 40.0M | 40.0M | 40.0M | 40.0M |
| Ordinary Shares Number | 40.0M | 40.0M | 40.0M | 40.0M |
| Current Deferred Liabilities | 44,575 | 8,631 | 36,503 | 44,885 |
| Investment Properties | 22.9M | 22.0M | 21.6M | 22.2M |
| Line Of Credit | 15.7M | 16.2M | 295,148 | 17.2M |
| Machinery Furniture Equipment | 126,434 | 82,259 | 82,259 | 82,259 |
| Non Current Deferred Liabilities | 2.1M | 2.0M | 1.8M | 1.8M |
| Non Current Deferred Revenue | 200,174 | 172,761 | 150,811 | 167,510 |
| Non Current Deferred Taxes Liabilities | 1.9M | 1.8M | 1.7M | 1.6M |
| Non Current Note Receivables | -- | -- | -- | 0.00 |
| Non Current Prepaid Assets | 892,394 | 1.1M | 1.3M | 1.3M |
| Other Current Borrowings | 995,661 | 381,058 | 16.7M | 528,075 |
| Taxes Receivable | 11,908 | 9,307 | 7,687 | 11,212 |
| Total Tax Payable | 66,235 | 160,696 | 73,207 | 52,199 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 1.2M | 1.2M | 1.3M | 1.2M |
| Cash Flow From Continuing Operating Activities | 1.2M | 1.2M | 1.3M | 1.2M |
| Depreciation And Amortization | 6,574 | 2,696 | 3,370 | 4,212 |
| Depreciation Amortization Depletion | 6,574 | 2,696 | 3,370 | 4,212 |
| Stock Based Compensation | 11,618 | 15,735 | 0.00 | -- |
| Deferred Tax | 136,687 | 122,043 | 89,277 | 59,911 |
| Deferred Income Tax | 136,687 | 122,043 | 89,277 | 59,911 |
| Change In Working Capital | 47,030 | 133,427 | 102,566 | -96,859 |
| Changes In Account Receivables | 2,547 | -9,743 | 71,337 | -65,919 |
| Change In Receivables | 2,547 | -9,743 | 71,337 | -65,919 |
| Change In Payables And Accrued Expense | -18,874 | 149,092 | 56,310 | -30,500 |
| Other Non Cash Items | 606,490 | 566,407 | 589,336 | 612,176 |
| Capital Expenditure | -44,175 | -- | -- | -- |
| Purchase Of PPE | -44,175 | 0.00 | -- | -- |
| Net PPE Purchase And Sale | -44,175 | 0.00 | -- | -- |
| Investing Cash Flow | -652,606 | -275,953 | 1,410 | -1,410 |
| Cash Flow From Continuing Investing Activities | -652,606 | -275,953 | 1,410 | -1,410 |
| Issuance Of Debt | 954,500 | 179,258 | 0.00 | 60,000 |
| Repayment Of Debt | -776,645 | -681,587 | -811,112 | -715,071 |
| Net Issuance Payments Of Debt | 177,855 | -502,329 | -811,112 | -655,071 |
| Financing Cash Flow | -233,620 | -954,565 | -1.4M | -1.3M |
| Cash Flow From Continuing Financing Activities | -233,620 | -954,565 | -1.4M | -1.3M |
| Changes In Cash | 268,074 | -6,978 | -8,190 | -38,098 |
| Beginning Cash Position | -302,126 | -295,148 | -286,958 | -248,860 |
| End Cash Position | -34,052 | -302,126 | -295,148 | -286,958 |
| Free Cash Flow | 1.1M | 1.2M | 1.3M | 1.2M |
| Amortization Cash Flow | -- | -- | 3,370 | 4,212 |
| Amortization Of Intangibles | -- | -- | 3,370 | 4,212 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 63,357 | -5,922 | -25,081 | -440.00 |
| Depreciation | 6,574 | 2,696 | 3,370 | 4,212 |
| Gain Loss On Investment Securities | -56,441 | 29,684 | 678,832 | 1.2M |
| Interest Paid Cff | -575,975 | -598,736 | -543,788 | -599,099 |
| Long Term Debt Issuance | -- | 179,258 | 0.00 | 60,000 |
| Long Term Debt Payments | -- | -514,993 | -661,612 | -644,904 |
| Net Income From Continuing Operations | 402,342 | 350,931 | -120,526 | -535,789 |
| Net Investment Properties Purchase And Sale | -464,491 | -179,014 | 1,410 | -1,410 |
| Net Long Term Debt Issuance | -- | -335,735 | -661,612 | -584,904 |
| Net Other Financing Charges | 164,500 | 146,500 | -- | -- |
| Net Other Investing Changes | -143,940 | -96,939 | -- | -- |
| Net Short Term Debt Issuance | 177,855 | -502,329 | -149,500 | -70,167 |
| Operating Gains Losses | -56,441 | 29,684 | 678,832 | 1.2M |
| Purchase Of Investment Properties | -464,491 | -179,014 | 0.00 | -1,410 |
| Sale Of Investment Properties | -- | 0.00 | 1,410 | -- |
| Short Term Debt Issuance | 954,500 | 179,258 | -- | -- |
| Short Term Debt Payments | -776,645 | -681,587 | -149,500 | -70,167 |
| Unrealized Gain Loss On Investment Securities | 0.00 | 2,617 | 2,445 | -5,062 |