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Western Resources Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Total Revenue 0.00 0.00 0.00
Operating Revenue 0.00 0.00 0.00
Cost Of Revenue 65,945 90,749 142,893
Gross Profit -65,945 -90,749 -142,893
Selling General And Administration 1.0M 2.2M 1.6M
General And Administrative Expense 1.0M 2.2M 1.6M
Other Operating Expenses 686,565 1.0M 1.2M
Operating Expense 1.7M 3.3M 2.7M
Operating Income -1.8M -3.4M -2.9M
EBIT 3.3M 4.6M -2.5M
Interest Expense 535,386 5.0M 3.1M
Interest Expense Non Operating 535,386 5.0M 3.1M
Interest Income 876,452 76,452 84,124
Interest Income Non Operating 876,452 76,452 84,124
Net Interest Income 341,066 -4.9M -3.1M
Other Income Expense 4.2M 8.0M 353,648
Other Non Operating Income Expenses -749,333 8.2M 74,770
Special Income Charges 1.9M -1.3M 0.00
Gain On Sale Of Security 2.4M 1.1M 389,113
Earnings From Equity Interest 651,958 -93,703 -110,235
Pretax Income 2.8M -327,573 -5.6M
Tax Provision 0.00 65.00 27,131
Tax Effect Of Unusual Items 0.00 -44,917 103,115
Net Income From Continuing And Discontinued Operation 2.8M -1.2M -5.6M
Net Income From Continuing Operation Net Minority Interest 2.8M -1.2M -5.6M
Net Income Including Noncontrolling Interests 2.8M -327,638 -5.6M
Minority Interests 0.00 -903,126 0.00
Net Income Common Stockholders 2.8M -1.2M -5.6M
Net Income 2.8M -1.2M -5.6M
EBITDA 3.4M 4.7M -2.3M
Normalized EBITDA -941,067 4.9M -2.7M
Reconciled Depreciation 65,945 90,749 142,893
Basic EPS 0.01 -0.01 -0.03
Diluted EPS 0.01 -0.01 -0.03
Basic Average Shares 408.6M 188.8M 186.2M
Diluted Average Shares 408.6M 188.8M 186.2M
Total Unusual Items 4.3M -171,373 389,113
Total Unusual Items Excluding Goodwill 4.3M -171,373 389,113
Tax Rate For Calcs 0.00 0.26 0.27
Normalized Income -1.5M -1.1M -5.9M
Diluted NI Availto Com Stockholders 2.8M -1.2M -5.6M
Net Income Continuous Operations 2.8M -327,638 -5.6M
Net Non Operating Interest Income Expense 341,066 -4.9M -3.1M
Other Gand A 619,825 412,724 886,007
Other Special Charges -1.9M 1.3M --
Reconciled Cost Of Revenue 65,945 90,749 142,893
Salaries And Wages 413,754 1.8M 682,108
Total Expenses 1.8M 3.4M 2.9M
Total Other Finance Cost -- -- 459.00
Line Item FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Cash And Cash Equivalents 3.5M 2.2M 8.0M
Cash Cash Equivalents And Short Term Investments 12.2M 30.5M 8.1M
Cash Financial -- -- 8.0M
Other Short Term Investments 8.7M 28.3M 70,847
Accounts Receivable 3,108 0.00 --
Receivables 290,381 652,964 143,080
Prepaid Assets 1.2M 896,545 49,017
Current Assets 13.7M 36.8M 9.1M
Gross PPE 330.7M 261.3M 232.2M
Accumulated Depreciation -1.0M -938,646 -847,895
Net PPE 329.6M 260.4M 231.4M
Goodwill And Other Intangible Assets 328,823 34,598 0.00
Other Intangible Assets 328,823 34,598 --
Investments And Advances 1.1M 1.0M 1.6M
Long Term Equity Investment 892,396 830,529 1.4M
Other Non Current Assets 4.4M 4.3M 2.8M
Total Non Current Assets 337.4M 267.7M 237.8M
Total Assets 351.1M 304.5M 246.8M
Current Debt 60,000 8.9M --
Current Debt And Capital Lease Obligation 3.3M 8.9M 37,386
Accounts Payable 5.1M 4.3M 41.5M
Payables 5.1M 4.3M 42.5M
Payables And Accrued Expenses 5.5M 5.5M 45.4M
Current Accrued Expenses 397,500 1.2M 2.9M
Other Current Liabilities -- 8.9M --
Current Liabilities 13.8M 14.4M 45.4M
Long Term Debt 74.7M 29.8M 28.3M
Long Term Debt And Capital Lease Obligation 74.7M 29.8M 28.3M
Long Term Capital Lease Obligation 29,135 0.00 0.00
Other Non Current Liabilities -- -- 8.3M
Total Non Current Liabilities Net Minority Interest 91.6M 48.7M 40.6M
Total Liabilities Net Minority Interest 105.4M 63.1M 86.0M
Common Stock 286.3M 286.3M 231.1M
Capital Stock 286.3M 286.3M 231.1M
Additional Paid In Capital 57.0M 55.5M 28.8M
Retained Earnings -96.8M -99.6M -98.4M
Treasury Stock 762,520 762,520 762,520
Common Stock Equity 245.7M 241.4M 160.8M
Stockholders Equity 245.7M 241.4M 160.8M
Total Equity Gross Minority Interest 245.7M 241.4M 160.8M
Minority Interest -- -- 0.00
Total Capitalization 320.4M 271.2M 189.1M
Net Tangible Assets 245.4M 241.4M 160.8M
Tangible Book Value 245.4M 241.4M 160.8M
Working Capital -100,190 22.4M -36.4M
Invested Capital 320.5M 271.2M 189.1M
Total Debt 78.0M 29.8M 28.3M
Net Debt 71.3M 27.6M 20.3M
Share Issued 408.9M 408.5M 187.2M
Ordinary Shares Number 408.1M 408.5M 187.2M
Accrued Interest Receivable -- 0.00 22,684
Available For Sale Securities 186,148 186,148 184,000
Capital Lease Obligations 29,135 0.00 37,386
Construction In Progress 244.6M 166.5M 136.9M
Current Capital Lease Obligation -- 0.00 37,386
Current Deferred Assets 0.00 2.4M 0.00
Current Deferred Liabilities 5.0M 0.00 --
Current Notes Payable -- -- 0.00
Interest Payable 0.00 787,430 2.6M
Investmentin Financial Assets 186,148 186,148 184,000
Investmentsin Associatesat Cost 892,396 830,529 1.4M
Long Term Provisions 2.3M 2.9M 3.9M
Machinery Furniture Equipment 1.2M 1.1M 1.1M
Non Current Prepaid Assets 2.0M 2.0M 2.0M
Other Current Borrowings 60,000 8.9M --
Other Payable -- -- 936,787
Other Properties 228,678 196,068 196,068
Other Receivables -- -- 11,036
Restricted Cash 0.00 2.4M 800,014
Taxes Receivable 287,273 652,964 109,360
Tradeand Other Payables Non Current 14.5M 16.0M 0.00
Treasury Shares Number 777,400 -- --
Line Item FY 2023Sep 30, 2023 FY 2022Sep 30, 2022 FY 2021Sep 30, 2021
Operating Cash Flow -759,404 -8.3M -4.3M
Cash Flow From Continuing Operating Activities -759,404 -8.3M -4.3M
Depreciation And Amortization 65,945 90,749 142,893
Depreciation Amortization Depletion 65,945 90,749 142,893
Stock Based Compensation 305,305 146,262 22,836
Deferred Tax -- 0.00 27,131
Deferred Income Tax -- 0.00 27,131
Change In Working Capital -98,366 -12.4M -1.2M
Change In Payables And Accrued Expense -84,317 -9.6M -989,530
Change In Other Current Assets -14,049 -2.9M -214,736
Other Non Cash Items -2.1M 4.0M 3.0M
Capital Expenditure -63.7M -52.2M -11.2M
Purchase Of PPE -63.7M -52.2M -11.2M
Net PPE Purchase And Sale -63.7M -52.2M -11.2M
Purchase Of Business -- 0.00 -362,625
Sale Of Business 590,091 477,897 18.4M
Purchase Of Investment 0.00 -30.6M -743,090
Sale Of Investment 22.0M 899,150 3.1M
Net Investment Purchase And Sale 22.0M -29.7M 2.4M
Investing Cash Flow -41.2M -81.5M 7.8M
Cash Flow From Continuing Investing Activities -41.2M -81.5M 7.8M
Issuance Of Debt 41.7M 40.3M 2.2M
Repayment Of Debt -4,150 -35.0M -4.4M
Net Issuance Payments Of Debt 41.7M 5.3M -2.2M
Issuance Of Capital Stock 0.00 80.0M 0.00
Net Common Stock Issuance 0.00 80.0M 0.00
Financing Cash Flow 43.2M 84.0M -2.3M
Cash Flow From Continuing Financing Activities 43.2M 84.0M -2.3M
Changes In Cash 1.3M -5.8M 1.3M
Beginning Cash Position 2.2M 8.0M 6.7M
End Cash Position 3.5M 2.2M 8.0M
Free Cash Flow -64.5M -60.6M -15.4M
Cash Dividends Paid 0.00 0.00 0.00
Common Stock Issuance 0.00 80.0M 0.00
Depreciation 65,945 90,749 142,893
Earnings Losses From Equity Investments -651,958 93,703 110,235
Gain Loss On Investment Securities -812,027 -2.7M -233,447
Gain Loss On Sale Of PPE -- 0.00 -233,447
Interest Paid Cff -3.6M -1.4M 0.00
Interest Paid Cfo -- 0.00 -498,184
Interest Received Cfo -- -76,452 26,316
Long Term Debt Issuance 41.7M 40.3M 2.2M
Long Term Debt Payments -4,150 -35.0M -4.4M
Net Business Purchase And Sale 590,091 477,897 18.0M
Net Foreign Currency Exchange Gain Loss -248,101 2.8M 0.00
Net Income From Continuing Operations 2.8M -327,638 -5.6M
Net Investment Properties Purchase And Sale -- 0.00 -1.9M
Net Long Term Debt Issuance 41.7M 5.3M -2.2M
Net Other Financing Charges 5.0M -- -93,000
Net Other Investing Changes -- -- 525,764
Operating Gains Losses -1.7M 198,902 -123,212
Proceeds From Stock Option Exercised 56,100 190,800 36,000
Purchase Of Investment Properties -- 0.00 -1.9M
Taxes Refund Paid -- 0.00 -27,131
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