Western Pacific Trust Company
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 425,760 | 428,911 | 557,677 | 449,657 | 459,550 | -- |
| Operating Revenue | 425,760 | 428,911 | 557,677 | 449,657 | 459,550 | -- |
| Cost Of Revenue | 191,287 | 187,503 | 188,420 | 183,970 | 183,415 | -- |
| Gross Profit | 234,473 | 241,408 | 369,257 | 265,687 | 276,135 | -- |
| Selling General And Administration | 142,462 | 155,767 | 165,328 | 143,115 | 145,867 | -- |
| General And Administrative Expense | 142,462 | 155,767 | 165,328 | 143,115 | 145,867 | -- |
| Depreciation And Amortization In Income Statement | 22,086 | 21,936 | 21,861 | 22,099 | 22,604 | -- |
| Operating Expense | 164,548 | 177,703 | 187,189 | 165,214 | 168,471 | -- |
| Operating Income | 69,925 | 63,705 | 182,068 | 100,473 | 107,664 | -- |
| EBIT | 64,141 | 60,164 | 181,128 | 80,645 | 103,841 | -- |
| Interest Expense | 11,787 | 12,503 | 12,238 | 12,905 | 13,238 | -- |
| Interest Expense Non Operating | 11,787 | 12,503 | 12,238 | 12,905 | 13,238 | -- |
| Interest Income | 1,569 | 2,000 | 1,463 | 1,391 | 1,392 | -- |
| Interest Income Non Operating | 1,569 | 2,000 | 1,463 | 1,391 | 1,392 | -- |
| Net Interest Income | -10,218 | -10,503 | -10,775 | -11,514 | -11,846 | -- |
| Other Income Expense | -7,353 | -5,541 | -2,403 | -- | -5,215 | -4,652 |
| Special Income Charges | -7,353 | -5,541 | -2,403 | -- | -5,215 | -4,652 |
| Write Off | 7,353 | 5,541 | 2,403 | -- | 5,215 | 4,652 |
| Pretax Income | 52,354 | 47,661 | 168,890 | 67,740 | 90,603 | -- |
| Tax Provision | 15,000 | 12,000 | 46,000 | 19,400 | 24,600 | -- |
| Tax Effect Of Unusual Items | -2,107 | -1,395 | -654.50 | 0.00 | -1,416 | -- |
| Net Income From Continuing And Discontinued Operation | 37,354 | 35,661 | 122,890 | 48,340 | 66,003 | -- |
| Net Income From Continuing Operation Net Minority Interest | 37,354 | 35,661 | 122,890 | 48,340 | 66,003 | -- |
| Net Income Including Noncontrolling Interests | 37,354 | 35,661 | 122,890 | 48,340 | 66,003 | -- |
| Net Income Common Stockholders | 37,354 | 35,661 | 106,563 | -17,135 | 66,003 | -- |
| Net Income | 37,354 | 35,661 | 122,890 | 48,340 | 66,003 | -- |
| EBITDA | 86,227 | 82,100 | 202,989 | 102,744 | 126,446 | -- |
| Normalized EBITDA | 93,580 | 87,641 | 205,392 | 102,744 | 131,661 | -- |
| Reconciled Depreciation | 22,086 | 21,936 | 21,861 | 22,099 | 22,605 | -- |
| Basic EPS | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Basic Average Shares | 26.3M | 26.3M | 26.3M | -- | 26.3M | 26.3M |
| Diluted Average Shares | 26.3M | 26.3M | 26.3M | -- | 26.3M | 26.3M |
| Total Unusual Items | -7,353 | -5,541 | -2,403 | -- | -5,215 | -4,652 |
| Total Unusual Items Excluding Goodwill | -7,353 | -5,541 | -2,403 | -- | -5,215 | -4,652 |
| Tax Rate For Calcs | 0.29 | 0.25 | 0.27 | 0.29 | 0.27 | -- |
| Normalized Income | 42,600 | 39,807 | 124,639 | 48,340 | 69,802 | -- |
| Amortization | 411.00 | 411.00 | 411.00 | 513.00 | 513.00 | -- |
| Amortization Of Intangibles Income Statement | 411.00 | 411.00 | 411.00 | 513.00 | 513.00 | -- |
| Depreciation Amortization Depletion Income Statement | 22,086 | 21,936 | 21,861 | 22,099 | 22,604 | -- |
| Depreciation Income Statement | 21,675 | 21,525 | 21,450 | 21,586 | 22,091 | -- |
| Diluted NI Availto Com Stockholders | 37,354 | 35,661 | 106,563 | -17,135 | 66,003 | -- |
| Insurance And Claims | 4,605 | 4,605 | 4,605 | 4,605 | 4,605 | -- |
| Net Income Continuous Operations | 37,354 | 35,661 | 122,890 | 48,340 | 66,003 | -- |
| Net Non Operating Interest Income Expense | -10,218 | -10,503 | -10,775 | -11,514 | -11,846 | -- |
| Other Gand A | 99,689 | 110,994 | 121,000 | 123,676 | 104,436 | -- |
| Preferred Stock Dividends | -- | -- | 16,327 | -- | -- | -- |
| Reconciled Cost Of Revenue | 191,287 | 187,503 | 188,420 | 183,970 | 183,414 | -- |
| Rent And Landing Fees | 24,418 | 24,418 | 23,973 | 334.00 | 23,576 | -- |
| Rent Expense Supplemental | 24,418 | 24,418 | 23,973 | 334.00 | 23,576 | -- |
| Salaries And Wages | 13,750 | 15,750 | 15,750 | 14,500 | 13,250 | -- |
| Total Expenses | 355,835 | 365,206 | 375,609 | 349,184 | 351,886 | -- |
| Total Operating Income As Reported | 62,572 | 58,164 | 179,665 | -- | 102,449 | 134,532 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 2.7M | 2.4M | 2.4M | 2.4M | 2.5M | -- |
| Cash Cash Equivalents And Short Term Investments | 2.7M | 2.4M | 2.4M | 2.4M | 2.5M | -- |
| Accounts Receivable | 283,393 | 441,707 | 368,358 | 301,414 | 324,911 | -- |
| Receivables | 283,393 | 441,707 | 368,358 | 301,414 | 324,911 | -- |
| Prepaid Assets | 61,053 | 78,827 | 117,111 | 17,265 | 23,685 | -- |
| Current Assets | 3.0M | 2.9M | 2.9M | 2.7M | 2.8M | -- |
| Gross PPE | 348,988 | 368,983 | 384,458 | 404,453 | 483,773 | -- |
| Accumulated Depreciation | -133,607 | -131,927 | -130,397 | -128,942 | -186,517 | -- |
| Net PPE | 215,381 | 237,056 | 254,061 | 275,511 | 297,256 | -- |
| Goodwill And Other Intangible Assets | 6,980 | 7,391 | 7,802 | 8,213 | 8,726 | -- |
| Other Intangible Assets | 6,980 | 7,391 | 7,802 | 8,213 | 8,726 | -- |
| Total Non Current Assets | 970,334 | 1.0M | 1.0M | 1.1M | 1.2M | -- |
| Total Assets | 4.0M | 3.9M | 4.0M | 3.9M | 4.0M | -- |
| Current Debt And Capital Lease Obligation | 77,861 | 83,716 | 82,267 | 80,402 | 78,005 | -- |
| Accounts Payable | 68,699 | -- | -- | -- | 73,304 | -- |
| Payables | 200,167 | -- | -- | -- | 270,506 | -- |
| Payables And Accrued Expenses | 200,167 | 60,257 | 96,072 | 94,629 | 270,506 | -- |
| Current Deferred Revenue | 11,311 | 7,145 | 5,603 | 9,978 | 16,453 | -- |
| Current Liabilities | 289,339 | 151,118 | 183,942 | 185,009 | 364,964 | -- |
| Long Term Debt | 527,744 | 495,479 | 494,015 | 493,982 | 492,591 | -- |
| Long Term Debt And Capital Lease Obligation | 674,910 | 657,174 | 677,191 | 698,266 | 717,618 | -- |
| Long Term Capital Lease Obligation | 147,166 | 161,695 | 183,176 | 204,284 | 225,027 | -- |
| Total Non Current Liabilities Net Minority Interest | 747,666 | 712,195 | 733,676 | 756,784 | 777,527 | -- |
| Total Liabilities Net Minority Interest | 1.0M | 863,313 | 917,618 | 941,793 | 1.1M | -- |
| Common Stock | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | -- |
| Capital Stock | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | -- |
| Retained Earnings | -57,059 | 53,448 | 34,148 | -72,415 | -104,386 | -- |
| Common Stock Equity | 1.7M | 1.8M | 1.8M | 1.7M | 1.6M | -- |
| Stockholders Equity | 2.9M | 3.1M | 3.0M | 2.9M | 2.9M | -- |
| Total Equity Gross Minority Interest | 2.9M | 3.1M | 3.0M | 2.9M | 2.9M | -- |
| Total Capitalization | 3.5M | 3.5M | 3.5M | 3.4M | 3.4M | -- |
| Net Tangible Assets | 2.9M | 3.0M | 3.0M | 2.9M | 2.9M | -- |
| Tangible Book Value | 1.7M | 1.8M | 1.8M | 1.6M | 1.6M | -- |
| Working Capital | 2.7M | 2.8M | 2.7M | 2.5M | 2.5M | -- |
| Invested Capital | 2.2M | 2.3M | 2.3M | 2.1M | 2.1M | -- |
| Total Debt | 752,771 | 740,890 | 759,458 | 778,668 | 795,623 | -- |
| Share Issued | 26.3M | 26.3M | 26.3M | 26.3M | 26.3M | -- |
| Ordinary Shares Number | 26.3M | 26.3M | 26.3M | 26.3M | 26.3M | -- |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | -19,209 | -12,416 | -- |
| Capital Lease Obligations | 225,027 | 245,411 | 265,443 | 284,686 | 303,032 | -- |
| Current Capital Lease Obligation | 77,861 | 83,716 | 82,267 | 80,402 | 78,005 | -- |
| Current Deferred Liabilities | 11,311 | 7,145 | 5,603 | 9,978 | 16,453 | -- |
| Dividends Payable | 131,468 | -- | -- | -- | 197,202 | -- |
| Gross Accounts Receivable | 283,393 | 441,707 | 368,358 | 320,623 | 337,327 | -- |
| Machinery Furniture Equipment | 162,548 | 162,548 | 158,028 | 158,028 | 217,717 | -- |
| Non Current Deferred Assets | 662,800 | 677,800 | 689,800 | 735,800 | 755,200 | -- |
| Non Current Deferred Liabilities | 72,756 | 55,021 | 56,485 | 58,518 | 59,909 | -- |
| Non Current Deferred Revenue | 72,756 | 55,021 | 56,485 | 58,518 | 59,909 | -- |
| Non Current Deferred Taxes Assets | 662,800 | 677,800 | 689,800 | 735,800 | 755,200 | -- |
| Non Current Prepaid Assets | 85,173 | 84,920 | 84,920 | 124,750 | 129,815 | -- |
| Other Properties | 186,440 | 206,435 | 226,430 | 246,425 | 266,056 | -- |
| Preferred Stock | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | -- |
| Preferred Stock Equity | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 266,917 | 4,645 | 65,589 | 147,027 | 360,207 | -- |
| Cash Flow From Continuing Operating Activities | 266,917 | 4,645 | 65,589 | 147,027 | 360,207 | -- |
| Depreciation And Amortization | 22,086 | 21,936 | 21,861 | 22,099 | 22,605 | -- |
| Depreciation Amortization Depletion | 22,086 | 21,936 | 21,861 | 22,099 | 22,605 | -- |
| Deferred Tax | 15,000 | 12,000 | 46,000 | 19,400 | 24,600 | -- |
| Deferred Income Tax | 15,000 | 12,000 | 46,000 | 19,400 | 24,600 | -- |
| Change In Working Capital | 181,090 | -74,879 | -132,295 | 43,039 | 236,105 | -- |
| Changes In Account Receivables | -4,077 | 3,912 | -6,632 | -9,274 | -2,190 | -- |
| Change In Receivables | 150,961 | -78,890 | -69,347 | 16,704 | 205,485 | -- |
| Change In Payables And Accrued Expense | 8,442 | -35,815 | 1,443 | 21,325 | 7,443 | -- |
| Change In Other Working Capital | 4,166 | 1,542 | -4,375 | -6,475 | 5,458 | -- |
| Other Non Cash Items | 4,034 | 4,386 | 4,730 | 5,346 | 5,679 | -- |
| Capital Expenditure | -- | -- | -- | -1,851 | -2,798 | -- |
| Purchase Of PPE | 0.00 | -4,520 | 0.00 | -1,851 | -2,798 | -- |
| Net PPE Purchase And Sale | 0.00 | -4,520 | 0.00 | -1,851 | -2,798 | -- |
| Investing Cash Flow | 0.00 | -4,520 | 0.00 | -1,851 | -2,798 | -- |
| Cash Flow From Continuing Investing Activities | 0.00 | -4,520 | 0.00 | -1,851 | -2,798 | -- |
| Issuance Of Debt | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Repayment Of Debt | -24,418 | -24,418 | -25,973 | -23,692 | -23,576 | -- |
| Net Issuance Payments Of Debt | 25,582 | -24,418 | -25,973 | -23,692 | -23,576 | -- |
| Financing Cash Flow | 9,189 | -40,779 | -42,300 | -237,263 | -39,944 | -- |
| Cash Flow From Continuing Financing Activities | 9,189 | -40,779 | -42,300 | -237,263 | -39,944 | -- |
| Changes In Cash | 276,106 | -40,654 | 23,289 | -92,087 | 317,465 | -- |
| Beginning Cash Position | 2.4M | 2.4M | 2.4M | 2.5M | 2.2M | -- |
| End Cash Position | 2.7M | 2.4M | 2.4M | 2.4M | 2.5M | -- |
| Free Cash Flow | 266,917 | 125.00 | 65,589 | 145,176 | 357,409 | -- |
| Income Tax Paid Supplemental Data | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Interest Paid Supplemental Data | 9,965 | 4,848 | 4,782 | 4,875 | 8,390 | -- |
| Amortization Cash Flow | 411.00 | 411.00 | 411.00 | -- | -- | -- |
| Amortization Of Intangibles | 411.00 | 411.00 | 411.00 | -- | -- | -- |
| Asset Impairment Charge | 7,353 | 5,541 | 2,403 | 6,793 | 5,215 | -- |
| Cash Dividends Paid | -16,393 | -16,361 | -16,327 | -213,571 | -16,368 | -- |
| Change In Prepaid Assets | 17,521 | 38,284 | -60,016 | 11,485 | 17,719 | -- |
| Depreciation | 21,675 | 21,525 | 21,450 | 20,047 | 22,605 | -- |
| Long Term Debt Issuance | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Long Term Debt Payments | -24,418 | -24,418 | -25,973 | -23,692 | -23,576 | -- |
| Net Income From Continuing Operations | 37,354 | 35,661 | 122,890 | 48,340 | 66,003 | -- |
| Net Long Term Debt Issuance | 25,582 | -24,418 | -25,973 | -23,692 | -23,576 | -- |
| Preferred Stock Dividend Paid | -16,393 | -16,361 | -16,327 | -213,571 | -16,368 | -- |