George Weston Limited

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Total Revenue	15.9B	19.5B	14.8B	14.3B	15.1B
Operating Revenue	15.9B	19.5B	14.8B	14.3B	15.1B
Cost Of Revenue	11.3B	13.2B	9.8B	9.5B	10.2B
Gross Profit	4.5B	6.4B	5.0B	4.8B	4.9B
Selling General And Administration	3.6B	4.7B	3.6B	3.7B	3.9B
Operating Expense	3.6B	4.7B	3.6B	3.7B	3.9B
Operating Income	945.0M	1.6B	1.4B	1.1B	992.0M
EBIT	966.0M	1.6B	1.3B	935.0M	1.4B
Interest Expense	162.0M	367.0M	314.0M	302.0M	298.0M
Interest Expense Non Operating	162.0M	367.0M	314.0M	302.0M	298.0M
Interest Income	10.0M	16.0M	12.0M	21.0M	14.0M
Interest Income Non Operating	10.0M	16.0M	12.0M	21.0M	14.0M
Net Interest Income	-141.0M	-418.0M	-490.0M	-444.0M	115.0M
Pretax Income	804.0M	1.2B	950.0M	633.0M	1.1B
Tax Provision	347.0M	338.0M	302.0M	283.0M	210.0M
Tax Effect Of Unusual Items	0.00	0.00	0.00	0.00	0.00
Net Income From Continuing And Discontinued Operation	290.0M	491.0M	268.0M	93.0M	674.0M
Net Income From Continuing Operation Net Minority Interest	154.0M	491.0M	268.0M	93.0M	674.0M
Net Income Including Noncontrolling Interests	593.0M	882.0M	648.0M	350.0M	897.0M
Minority Interests	-303.0M	-391.0M	-380.0M	-257.0M	-223.0M
Net Income Common Stockholders	280.0M	477.0M	258.0M	83.0M	664.0M
Net Income	290.0M	491.0M	268.0M	93.0M	674.0M
EBITDA	1.5B	2.3B	1.8B	1.6B	2.0B
Normalized EBITDA	1.5B	2.3B	1.8B	1.6B	2.0B
Reconciled Depreciation	543.0M	692.0M	518.0M	627.0M	612.0M
Basic EPS	0.73	1.24	0.67	0.21	1.70
Diluted EPS	0.72	1.23	0.65	0.21	1.68
Basic Average Shares	380.8M	383.4M	386.7M	389.1M	390.9M
Diluted Average Shares	382.7M	385.2M	388.8M	391.2M	393.0M
Tax Rate For Calcs	0.15	0.28	0.32	0.15	0.19
Normalized Income	154.0M	491.0M	268.0M	93.0M	674.0M
Average Dilution Earnings	-3.0M	-4.0M	-4.0M	-2.0M	-3.0M
Diluted NI Availto Com Stockholders	277.0M	473.0M	254.0M	81.0M	661.0M
Net Income Continuous Operations	457.0M	882.0M	648.0M	350.0M	897.0M
Net Non Operating Interest Income Expense	-141.0M	-418.0M	-490.0M	-444.0M	115.0M
Preferred Stock Dividends	10.0M	14.0M	10.0M	10.0M	10.0M
Reconciled Cost Of Revenue	11.3B	13.2B	9.8B	9.5B	10.2B
Total Expenses	14.9B	17.9B	13.4B	13.2B	14.1B
Total Operating Income As Reported	945.0M	1.6B	1.4B	1.1B	992.0M
Total Other Finance Cost	-11.0M	67.0M	188.0M	163.0M	-399.0M

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Cash And Cash Equivalents	1.4B	1.5B	1.2B	1.3B	2.0B
Cash Cash Equivalents And Short Term Investments	1.5B	2.4B	2.1B	2.3B	2.7B
Cash Equivalents	4.0M	--	--	--	227.0M
Cash Financial	1.4B	--	--	--	1.8B
Other Short Term Investments	43.0M	899.0M	954.0M	1.0B	648.0M
Accounts Receivable	1.3B	5.4B	5.4B	5.3B	5.7B
Receivables	1.3B	5.4B	5.4B	5.3B	5.7B
Inventory	6.5B	6.8B	6.5B	6.3B	6.3B
Prepaid Assets	--	--	300.0M	--	--
Other Current Assets	728.0M	870.0M	651.0M	657.0M	737.0M
Current Assets	15.7B	15.6B	15.0B	14.6B	15.6B
Gross PPE	38.9B	18.3B	17.9B	17.6B	36.1B
Accumulated Depreciation	-20.1B	--	--	--	-18.5B
Net PPE	18.8B	18.3B	17.9B	17.6B	17.6B
Goodwill	5.0B	4.9B	4.9B	4.9B	4.9B
Goodwill And Other Intangible Assets	10.1B	10.2B	10.2B	10.2B	10.4B
Other Intangible Assets	5.2B	5.3B	5.3B	5.3B	5.5B
Investments And Advances	962.0M	891.0M	883.0M	871.0M	884.0M
Long Term Equity Investment	962.0M	891.0M	883.0M	871.0M	884.0M
Other Investments	--	--	--	--	376.0M
Other Non Current Assets	1.0B	1.3B	1.1B	1.3B	1.4B
Total Non Current Assets	36.5B	36.5B	35.9B	35.7B	35.9B
Total Assets	52.2B	52.1B	50.8B	50.2B	51.4B
Current Debt	507.0M	1.2B	1.5B	1.5B	2.1B
Current Debt And Capital Lease Obligation	1.5B	2.2B	2.5B	2.5B	3.2B
Accounts Payable	7.5B	7.2B	7.0B	6.9B	7.9B
Payables	8.1B	7.6B	7.5B	7.4B	8.3B
Payables And Accrued Expenses	8.1B	7.6B	7.5B	7.4B	8.3B
Current Deferred Revenue	0.00	847.0M	673.0M	513.0M	353.0M
Other Current Liabilities	4.6B	224.0M	220.0M	216.0M	212.0M
Current Liabilities	14.2B	11.0B	11.0B	10.7B	12.5B
Long Term Debt	12.7B	15.6B	15.0B	14.8B	14.1B
Long Term Debt And Capital Lease Obligation	18.1B	20.9B	20.2B	19.9B	19.0B
Long Term Capital Lease Obligation	5.4B	5.3B	5.2B	5.1B	5.0B
Other Non Current Liabilities	4.9B	5.3B	5.3B	5.1B	4.5B
Total Non Current Liabilities Net Minority Interest	25.3B	28.0B	27.2B	26.8B	25.8B
Total Liabilities Net Minority Interest	39.6B	39.0B	38.2B	37.5B	38.3B
Common Stock	2.4B	2.5B	2.5B	2.5B	2.5B
Capital Stock	3.2B	3.3B	3.3B	3.3B	3.3B
Additional Paid In Capital	-3.3B	-3.1B	-3.0B	-2.9B	-2.8B
Retained Earnings	5.1B	5.3B	5.1B	5.3B	5.5B
Gains Losses Not Affecting Retained Earnings	244.0M	245.0M	229.0M	229.0M	246.0M
Other Equity Adjustments	-11.0M	-10.0M	-9.0M	-13.0M	-5.0M
Common Stock Equity	4.5B	4.9B	4.8B	5.0B	5.4B
Stockholders Equity	5.3B	5.7B	5.6B	5.9B	6.2B
Total Equity Gross Minority Interest	12.6B	13.0B	12.6B	12.8B	13.1B
Minority Interest	7.3B	7.3B	7.1B	6.9B	6.9B
Total Capitalization	18.0B	21.3B	20.6B	20.7B	20.3B
Net Tangible Assets	-4.9B	-4.5B	-4.6B	-4.4B	-4.1B
Tangible Book Value	-5.7B	-5.3B	-5.4B	-5.2B	-4.9B
Working Capital	1.4B	4.6B	3.9B	3.9B	3.0B
Invested Capital	17.7B	21.7B	21.3B	21.4B	21.6B
Total Debt	19.6B	23.1B	22.7B	22.4B	22.2B
Net Debt	11.7B	15.2B	15.3B	15.0B	14.1B
Share Issued	379.5M	382.6M	385.0M	388.0M	390.1M
Ordinary Shares Number	379.3M	382.3M	385.0M	387.9M	389.9M
Allowance For Doubtful Accounts Receivable	-45.0M	-269.0M	-273.0M	-271.0M	-311.0M
Assets Held For Sale Current	5.7B	67.0M	45.0M	42.0M	62.0M
Available For Sale Securities	--	--	--	--	203.0M
Buildings And Improvements	10.2B	--	--	--	9.4B
Capital Lease Obligations	6.4B	6.3B	6.2B	6.1B	6.0B
Construction In Progress	987.0M	--	--	--	1.5B
Current Capital Lease Obligation	1.0B	1.0B	989.0M	973.0M	1.0B
Current Deferred Liabilities	0.00	847.0M	673.0M	513.0M	353.0M
Current Provisions	92.0M	99.0M	103.0M	106.0M	509.0M
Defined Pension Benefit	--	--	--	--	370.0M
Dueto Related Parties Current	396.0M	360.0M	353.0M	351.0M	255.0M
Employee Benefits	399.0M	--	--	--	411.0M
Fixed Assets Revaluation Reserve	226.0M	226.0M	211.0M	211.0M	220.0M
Foreign Currency Translation Adjustments	29.0M	29.0M	27.0M	31.0M	31.0M
Gross Accounts Receivable	1.4B	5.7B	5.6B	5.5B	6.0B
Income Tax Payable	124.0M	76.0M	194.0M	107.0M	141.0M
Inventories Adjustments Allowances	-29.0M	--	--	--	-32.0M
Investment Properties	5.5B	5.6B	5.6B	5.5B	5.5B
Investmentin Financial Assets	--	--	--	--	203.0M
Investmentsin Joint Venturesat Cost	962.0M	891.0M	883.0M	871.0M	884.0M
Land And Improvements	2.0B	--	--	--	2.0B
Leases	12.6B	--	--	--	11.3B
Line Of Credit	--	0.00	59.0M	22.0M	0.00
Long Term Provisions	102.0M	102.0M	100.0M	98.0M	105.0M
Machinery Furniture Equipment	12.8B	--	--	--	11.8B
Non Current Accounts Receivable	--	--	--	--	152.0M
Non Current Deferred Assets	76.0M	131.0M	126.0M	122.0M	128.0M
Non Current Deferred Liabilities	1.8B	1.7B	1.6B	1.7B	1.7B
Non Current Deferred Taxes Assets	76.0M	131.0M	126.0M	122.0M	128.0M
Non Current Deferred Taxes Liabilities	1.8B	1.7B	1.6B	1.7B	1.7B
Non Current Note Receivables	--	--	--	--	79.0M
Non Current Pension And Other Postretirement Benefit Plans	252.0M	--	--	--	271.0M
Non Current Prepaid Assets	38.0M	39.0M	38.0M	39.0M	38.0M
Other Current Borrowings	507.0M	1.2B	1.4B	1.5B	2.1B
Other Inventories	6.5B	--	--	--	6.4B
Other Properties	249.0M	18.3B	17.9B	17.6B	199.0M
Preferred Shares Number	33.4M	33.4M	33.4M	33.4M	33.4M
Preferred Stock	817.0M	817.0M	817.0M	817.0M	817.0M
Preferred Stock Equity	817.0M	817.0M	817.0M	817.0M	817.0M
Properties	0.00	--	--	--	0.00
Total Tax Payable	124.0M	76.0M	194.0M	107.0M	141.0M
Treasury Shares Number	234,549	237,261	--	158,631	259,881

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Cash Flow	2.3B	1.9B	1.4B	692.0M	1.7B
Cash Flow From Continuing Operating Activities	2.3B	1.9B	1.4B	692.0M	1.7B
Depreciation And Amortization	543.0M	692.0M	518.0M	627.0M	612.0M
Depreciation Amortization Depletion	543.0M	692.0M	518.0M	627.0M	612.0M
Deferred Tax	393.0M	338.0M	302.0M	283.0M	210.0M
Deferred Income Tax	393.0M	338.0M	302.0M	283.0M	210.0M
Change In Working Capital	510.0M	-126.0M	-266.0M	-724.0M	209.0M
Changes In Account Receivables	-135.0M	-118.0M	-81.0M	456.0M	-504.0M
Change In Receivables	-135.0M	-118.0M	-81.0M	456.0M	-504.0M
Change In Inventory	259.0M	-273.0M	-176.0M	29.0M	-289.0M
Change In Payables And Accrued Expense	159.0M	467.0M	-7.0M	-734.0M	918.0M
Change In Payable	159.0M	467.0M	-7.0M	-734.0M	918.0M
Change In Other Working Capital	96.0M	-3.0M	-15.0M	-404.0M	-28.0M
Other Non Cash Items	298.0M	334.0M	480.0M	434.0M	285.0M
Capital Expenditure	-801.0M	-735.0M	-597.0M	-278.0M	-716.0M
Purchase Of PPE	-713.0M	-621.0M	-519.0M	-208.0M	-625.0M
Net PPE Purchase And Sale	-713.0M	-621.0M	-519.0M	-208.0M	-625.0M
Purchase Of Investment	192.0M	--	--	--	-112.0M
Sale Of Investment	0.00	75.0M	99.0M	--	-1.0M
Net Investment Purchase And Sale	192.0M	75.0M	99.0M	-326.0M	-113.0M
Investing Cash Flow	-583.0M	-381.0M	-726.0M	-434.0M	-849.0M
Cash Flow From Continuing Investing Activities	-583.0M	-381.0M	-726.0M	-434.0M	-849.0M
Issuance Of Debt	-215.0M	938.0M	380.0M	811.0M	231.0M
Repayment Of Debt	-420.0M	-914.0M	-364.0M	-841.0M	-54.0M
Net Issuance Payments Of Debt	-385.0M	15.0M	16.0M	-30.0M	177.0M
Issuance Of Capital Stock	13.0M	4.0M	41.0M	32.0M	6.0M
Repurchase Of Capital Stock	-585.0M	-499.0M	-537.0M	-642.0M	-384.0M
Net Common Stock Issuance	-572.0M	-495.0M	-496.0M	-385.0M	-378.0M
Common Stock Dividend Paid	0.00	-229.0M	-106.0M	-107.0M	0.00
Common Stock Payments	-585.0M	-499.0M	-537.0M	-417.0M	-384.0M
Financing Cash Flow	-1.4B	-1.1B	-794.0M	-1.0B	-428.0M
Cash Flow From Continuing Financing Activities	-1.4B	-1.1B	-794.0M	-1.0B	-428.0M
Effect Of Exchange Rate Changes	-2.0M	2.0M	-5.0M	-1.0M	8.0M
Changes In Cash	297.0M	369.0M	-125.0M	-743.0M	412.0M
Beginning Cash Position	1.5B	1.2B	1.3B	2.0B	1.6B
End Cash Position	1.8B	1.5B	1.2B	1.3B	2.0B
Free Cash Flow	1.5B	1.1B	798.0M	414.0M	973.0M
Asset Impairment Charge	34.0M	6.0M	1.0M	--	21.0M
Cash Dividends Paid	-3.0M	-251.0M	-114.0M	-118.0M	-3.0M
Change In Account Payable	159.0M	467.0M	-7.0M	-734.0M	918.0M
Change In Prepaid Assets	131.0M	-199.0M	13.0M	-71.0M	112.0M
Common Stock Issuance	13.0M	4.0M	41.0M	32.0M	6.0M
Gain Loss On Investment Securities	70.0M	21.0M	-27.0M	-3.0M	24.0M
Interest Paid Cff	-279.0M	-379.0M	-271.0M	-317.0M	-266.0M
Interest Received Cfo	8.0M	14.0M	11.0M	19.0M	16.0M
Long Term Debt Issuance	-215.0M	938.0M	343.0M	789.0M	385.0M
Long Term Debt Payments	-270.0M	-914.0M	-364.0M	-541.0M	-241.0M
Net Income From Continuing Operations	593.0M	882.0M	648.0M	350.0M	897.0M
Net Intangibles Purchase And Sale	-88.0M	-114.0M	-78.0M	-70.0M	-91.0M
Net Long Term Debt Issuance	-485.0M	24.0M	-21.0M	248.0M	144.0M
Net Other Financing Charges	-187.0M	10.0M	71.0M	74.0M	42.0M
Net Other Investing Changes	26.0M	279.0M	-228.0M	170.0M	-20.0M
Net Preferred Stock Issuance	0.00	0.00	0.00	-225.0M	--
Net Short Term Debt Issuance	100.0M	-9.0M	37.0M	-278.0M	33.0M
Operating Gains Losses	70.0M	21.0M	-27.0M	-3.0M	24.0M
Preferred Stock Dividend Paid	-3.0M	-22.0M	-8.0M	-11.0M	-3.0M
Preferred Stock Payments	0.00	0.00	0.00	-225.0M	--
Purchase Of Intangibles	-88.0M	-114.0M	-78.0M	-70.0M	-91.0M
Short Term Debt Issuance	--	--	37.0M	22.0M	--
Short Term Debt Payments	--	--	0.00	-300.0M	187.0M
Taxes Refund Paid	-219.0M	-336.0M	-263.0M	-303.0M	-222.0M
Unrealized Gain Loss On Investment Securities	76.0M	25.0M	-9.0M	9.0M	-363.0M