Westshore Terminals Investment Corporation
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 | 75.7M | 95.3M | 82.8M | 110.9M | 103.5M | -- |
| Operating Revenue | 72.7M | 90.2M | 78.8M | 86.4M | 99.8M | -- |
| Cost Of Revenue | 47.1M | 36.8M | 58.8M | 53.8M | 48.7M | -- |
| Gross Profit | 28.6M | 58.5M | 24.0M | 57.1M | 54.8M | -- |
| Selling General And Administration | 3.0M | -- | 4.1M | 5.4M | 4.1M | -- |
| General And Administrative Expense | 3.0M | -- | 4.1M | 5.4M | 4.1M | -- |
| Other Operating Expenses | -- | 20.2M | -- | -- | 48.7M | 21.2M |
| Operating Expense | 3.0M | 20.2M | 4.1M | 5.4M | 4.1M | -- |
| Operating Income | 25.7M | 38.4M | 19.9M | 51.7M | 50.7M | -- |
| EBIT | 23.5M | 40.6M | 21.1M | 48.7M | 52.3M | -- |
| Interest Expense | 5.5M | 5.4M | 5.4M | 5.7M | 5.6M | -- |
| Interest Expense Non Operating | 5.5M | 5.4M | 5.4M | 5.7M | 5.6M | -- |
| Interest Income | 101,000 | 1.0M | 719,000 | 927,000 | 1.1M | -- |
| Interest Income Non Operating | 101,000 | 1.0M | 719,000 | 927,000 | 1.1M | -- |
| Net Interest Income | -5.4M | -4.4M | -4.7M | -4.8M | -4.5M | -- |
| Other Income Expense | -2.2M | 1.2M | 515,000 | -3.9M | 413,000 | -- |
| Special Income Charges | -2.8M | 0.00 | 8,000 | -1.7M | 0.00 | -- |
| Gain On Sale Of Security | 523,000 | 1.2M | 507,000 | -2.2M | 413,000 | -- |
| Pretax Income | 18.0M | 35.2M | 15.7M | 43.0M | 46.6M | -- |
| Tax Provision | 4.9M | 9.5M | 4.3M | 11.6M | 12.6M | -- |
| Tax Effect Of Unusual Items | -607,184 | 336,865 | 139,520 | -1.1M | 111,639 | -- |
| Net Income From Continuing And Discontinued Operation | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| Net Income From Continuing Operation Net Minority Interest | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| Net Income Including Noncontrolling Interests | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| Net Income Common Stockholders | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| Net Income | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| EBITDA | 31.7M | 48.9M | 29.4M | 57.2M | 60.8M | -- |
| Normalized EBITDA | 33.9M | 47.7M | 28.9M | 61.1M | 60.4M | -- |
| Reconciled Depreciation | 8.2M | 8.3M | 8.3M | 8.5M | 8.5M | -- |
| Basic EPS | 0.21 | 0.42 | 0.19 | -- | 0.55 | 0.56 |
| Diluted EPS | 0.21 | 0.42 | 0.19 | -- | 0.55 | 0.56 |
| Basic Average Shares | 61.8M | 61.8M | 61.8M | -- | 61.8M | 62.3M |
| Diluted Average Shares | 61.8M | 61.8M | 61.8M | -- | 61.8M | 62.3M |
| Total Unusual Items | -2.2M | 1.2M | 515,000 | -3.9M | 413,000 | -- |
| Total Unusual Items Excluding Goodwill | -2.2M | 1.2M | 515,000 | -3.9M | 413,000 | -- |
| Tax Rate For Calcs | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | -- |
| Normalized Income | 14.8M | 24.8M | 11.1M | 34.2M | 33.7M | -- |
| Diluted NI Availto Com Stockholders | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| Gain On Sale Of Ppe | -2.8M | 0.00 | 8,000 | -1.7M | 0.00 | -- |
| Net Income Continuous Operations | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| Net Non Operating Interest Income Expense | -5.4M | -4.4M | -4.7M | -4.8M | -4.5M | -- |
| Other Gand A | 3.0M | -- | 4.1M | 5.4M | 4.1M | -- |
| Reconciled Cost Of Revenue | 47.1M | 36.8M | 58.8M | 53.8M | 48.7M | -- |
| Total Expenses | 50.1M | 56.9M | 62.9M | 59.2M | 52.8M | -- |
| 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 | 68.9M | 89.6M | 140.9M | 136.6M | 147.3M | -- |
| Cash Cash Equivalents And Short Term Investments | 68.9M | 89.6M | 140.9M | 136.6M | 147.3M | -- |
| Accounts Receivable | 66.8M | 57.3M | 29.6M | 33.1M | 43.1M | -- |
| Receivables | 76.2M | 62.0M | 33.0M | 33.1M | 43.1M | -- |
| Inventory | 23.1M | 19.6M | 18.2M | 18.7M | 19.4M | -- |
| Prepaid Assets | 6.6M | 2.8M | 1.6M | 3.3M | 1.4M | -- |
| Current Assets | 174.7M | 174.1M | 193.8M | 191.7M | 211.2M | -- |
| Gross PPE | 1.9B | 1.8B | 1.7B | 1.6B | 1.5B | -- |
| Accumulated Depreciation | -383.1M | -378.0M | -372.2M | -366.6M | -361.2M | -- |
| Net PPE | 1.5B | 1.4B | 1.3B | 1.2B | 1.1B | -- |
| Goodwill | 365.5M | 365.5M | 365.5M | 365.5M | 365.5M | -- |
| Goodwill And Other Intangible Assets | 377.1M | 376.7M | 375.1M | 374.8M | 374.7M | -- |
| Other Intangible Assets | 11.5M | 11.2M | 9.5M | 9.2M | 9.1M | -- |
| Total Non Current Assets | 1.9B | 1.8B | 1.7B | 1.7B | 1.6B | -- |
| Total Assets | 2.1B | 2.0B | 1.9B | 1.9B | 1.8B | -- |
| Current Debt And Capital Lease Obligation | 844,000 | 745,000 | 647,000 | 550,000 | 459,000 | -- |
| Accounts Payable | 211.0M | 182.0M | 192.5M | 164.9M | 169.4M | -- |
| Payables | 234.1M | 205.2M | 215.7M | 190.7M | 192.7M | -- |
| Payables And Accrued Expenses | 234.1M | 205.2M | 215.7M | 190.7M | 192.7M | -- |
| Current Deferred Revenue | 2.0M | 534,000 | 1.6M | 16.9M | 2.3M | -- |
| Other Current Liabilities | 27,000 | 59,000 | 1.9M | 2.6M | 65,000 | -- |
| Current Liabilities | 237.0M | 206.5M | 219.8M | 210.7M | 195.6M | -- |
| Long Term Debt And Capital Lease Obligation | 440.2M | 440.4M | 440.6M | 440.9M | 441.0M | -- |
| Long Term Capital Lease Obligation | 440.2M | 440.4M | 440.6M | 440.9M | 441.0M | -- |
| Total Non Current Liabilities Net Minority Interest | 1.1B | 1.1B | 1.0B | 913.9M | 861.7M | -- |
| Total Liabilities Net Minority Interest | 1.4B | 1.3B | 1.2B | 1.1B | 1.1B | -- |
| Common Stock | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | -- |
| Capital Stock | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | -- |
| Retained Earnings | -700.4M | -695.9M | -711.1M | -693.6M | -712.8M | -- |
| Common Stock Equity | 719.1M | 723.6M | 708.3M | 725.9M | 706.8M | -- |
| Stockholders Equity | 719.1M | 723.6M | 708.3M | 725.9M | 706.8M | -- |
| Total Equity Gross Minority Interest | 719.1M | 723.6M | 708.3M | 725.9M | 706.8M | -- |
| Total Capitalization | 719.1M | 723.6M | 708.3M | 725.9M | 706.8M | -- |
| Net Tangible Assets | 342.0M | 346.8M | 333.3M | 351.1M | 332.1M | -- |
| Tangible Book Value | 342.0M | 346.8M | 333.3M | 351.1M | 332.1M | -- |
| Working Capital | -62.3M | -32.4M | -26.1M | -19.0M | 15.7M | -- |
| Invested Capital | 719.1M | 723.6M | 708.3M | 725.9M | 706.8M | -- |
| Total Debt | 441.0M | 441.1M | 441.3M | 441.4M | 441.5M | -- |
| Share Issued | 61.8M | 61.8M | 61.8M | 61.8M | 61.8M | -- |
| Ordinary Shares Number | 61.8M | 61.8M | 61.8M | 61.8M | 61.8M | -- |
| Capital Lease Obligations | 441.0M | 441.1M | 441.3M | 441.4M | 441.5M | -- |
| Construction In Progress | -- | -- | -- | 549.2M | -- | -- |
| Current Capital Lease Obligation | 844,000 | 745,000 | 647,000 | 550,000 | 459,000 | -- |
| Current Deferred Liabilities | 2.0M | 534,000 | 1.6M | 16.9M | 2.3M | -- |
| Defined Pension Benefit | 49.1M | 41.7M | 27.2M | 34.2M | 30.4M | -- |
| Dividends Payable | 23.2M | 23.2M | 23.2M | 23.2M | 23.2M | -- |
| Employee Benefits | 66.1M | 65.2M | 67.2M | 64.6M | 74.6M | -- |
| Hedging Assets Current | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Income Tax Payable | 0.00 | 0.00 | 0.00 | 2.6M | 148,000 | -- |
| Land And Improvements | 404.4M | 406.6M | 408.9M | -- | 413.3M | 415.6M |
| Machinery Furniture Equipment | -- | -- | -- | 555.2M | -- | -- |
| Non Current Accounts Receivable | 29.8M | 26.2M | 22.5M | 18.2M | 14.1M | -- |
| Non Current Deferred Liabilities | 641.7M | 569.0M | 492.6M | 408.5M | 346.1M | -- |
| Non Current Deferred Revenue | 595.8M | 523.3M | 451.0M | 363.3M | 302.4M | -- |
| Non Current Deferred Taxes Liabilities | 45.9M | 45.7M | 41.6M | 45.2M | 43.6M | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 66.1M | 65.2M | 67.2M | 64.6M | 74.6M | -- |
| Other Properties | 1.5B | 1.4B | 1.3B | 411.1M | 1.1B | -- |
| Properties | -- | -- | -- | 82.8M | -- | -- |
| Taxes Receivable | 9.4M | 4.7M | 3.4M | -- | -- | 1.9M |
| Total Tax Payable | 0.00 | 0.00 | 0.00 | 2.6M | 148,000 | -- |
| 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 | 65.8M | 64.1M | 87.2M | 133.2M | 129.2M | -- |
| Cash Flow From Continuing Operating Activities | 65.8M | 64.1M | 87.2M | 133.2M | 129.2M | -- |
| Depreciation And Amortization | 8.2M | 8.3M | 8.3M | 8.5M | 8.5M | -- |
| Depreciation Amortization Depletion | 8.2M | 8.3M | 8.3M | 8.5M | 8.5M | -- |
| Deferred Tax | 4.9M | 9.5M | 4.3M | 11.6M | 12.6M | -- |
| Deferred Income Tax | 4.9M | 9.5M | 4.3M | 11.6M | 12.6M | -- |
| Change In Working Capital | -21.6M | -34.8M | -8.7M | 32.6M | 24.0M | -- |
| Changes In Account Receivables | -9.5M | -27.7M | 3.5M | 10.2M | 17.6M | -- |
| Change In Receivables | -9.5M | -27.7M | 3.5M | 10.2M | 17.6M | -- |
| Change In Inventory | -3.5M | -1.3M | 461,000 | 742,000 | 204,000 | -- |
| Change In Payables And Accrued Expense | -6.3M | -3.4M | 844,000 | 8.9M | 4.8M | -- |
| Change In Other Working Capital | 1.5M | -1.1M | -15.2M | 14.6M | 808,000 | -- |
| Other Non Cash Items | 74.3M | 73.2M | 88.0M | 61.3M | 66.8M | -- |
| Capital Expenditure | -63.3M | -93.1M | -60.3M | -121.6M | -69.3M | -- |
| Net PPE Purchase And Sale | -62.7M | -91.2M | -59.7M | -121.3M | -68.7M | -- |
| Investing Cash Flow | -63.3M | -93.1M | -60.3M | -121.6M | -69.3M | -- |
| Cash Flow From Continuing Investing Activities | -63.3M | -93.1M | -60.3M | -121.6M | -69.3M | -- |
| Net Issuance Payments Of Debt | -139,000 | -136,000 | -135,000 | -49,000 | -48,000 | -- |
| Repurchase Of Capital Stock | 0.00 | -- | -- | 0.00 | -1.9M | -15.8M |
| Net Common Stock Issuance | 0.00 | -- | -- | 0.00 | -1.9M | -15.8M |
| Common Stock Dividend Paid | -23.2M | -23.2M | -23.2M | -23.2M | -23.2M | -- |
| Common Stock Payments | 0.00 | -- | -- | 0.00 | -1.9M | -15.8M |
| Financing Cash Flow | -23.2M | -22.3M | -22.6M | -22.3M | -24.0M | -- |
| Cash Flow From Continuing Financing Activities | -23.2M | -22.3M | -22.6M | -22.3M | -24.0M | -- |
| Changes In Cash | -20.8M | -51.3M | 4.3M | -10.7M | 35.9M | -- |
| Beginning Cash Position | 89.6M | 140.9M | 136.6M | 147.3M | 111.4M | -- |
| End Cash Position | 68.9M | 89.6M | 140.9M | 136.6M | 147.3M | -- |
| Free Cash Flow | 2.4M | -29.0M | 26.9M | 11.6M | 59.9M | -- |
| Cash Dividends Paid | -23.2M | -23.2M | -23.2M | -23.2M | -23.2M | -- |
| Change In Prepaid Assets | -3.7M | -1.3M | 1.7M | -1.9M | 543,000 | -- |
| Gain Loss On Sale Of PPE | 2.8M | 0.00 | -8,000 | 1.7M | 0.00 | -- |
| Interest Paid Cfo | -5.0M | -5.0M | -5.0M | -5.0M | -5.0M | -- |
| Net Foreign Currency Exchange Gain Loss | -32,000 | -1.8M | -741,000 | -- | -538,000 | 359,000 |
| Net Income From Continuing Operations | 13.2M | 25.7M | 11.5M | 31.4M | 34.0M | -- |
| Net Intangibles Purchase And Sale | -640,000 | -1.9M | -530,000 | -296,000 | -655,000 | -- |
| Net Long Term Debt Issuance | -139,000 | -136,000 | -135,000 | -49,000 | -48,000 | -- |
| Net Other Financing Charges | 101,000 | 1.0M | 719,000 | 927,000 | 1.1M | -- |
| Operating Gains Losses | 3.3M | -1.3M | 498,000 | 4.6M | -29,000 | -- |
| Pension And Employee Benefit Expense | 553,000 | 516,000 | 1.2M | 390,000 | 509,000 | -- |
| Taxes Refund Paid | -11.4M | -11.5M | -11.6M | -11.7M | -11.7M | -- |