SEDAR Interim Financial Statements

[
  {
    "companyName": "Westshore Terminals Investment Corporation",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "assets": {
        "currentAssets": {
          "cashAndCashEquivalents": 68867,
          "accountsReceivable": 66766,
          "inventories": 23056,
          "prepaidExpenses": 6587,
          "incomeTaxRecoverable": 9387,
          "totalCurrentAssets": 174663
        },
        "propertyPlantAndEquipment": {
          "cost": 1452152,
          "accumulatedDepreciation": 383144,
          "net": 1069008
        },
        "longTermReceivable": 29792,
        "rightOfUseAssets": 404412,
        "goodwill": 365541,
        "otherIntangibleAssets": 11539,
        "employeeFutureBenefits": 49147,
        "totalAssets": 2104102
      },
      "liabilities": {
        "currentLiabilities": {
          "accountsPayableAndAccruedLiabilities": 210968,
          "incomeTaxPayable": null,
          "deferredRevenue": 1988,
          "otherLiabilities": 27,
          "leaseObligationCurrentPortion": 844,
          "dividendsPayableToShareholders": 23164,
          "totalCurrentLiabilities": 236991
        },
        "longTermDeferredRevenue": 595833,
        "deferredIncomeTaxes": 45909,
        "employeeFutureBenefits": 66134,
        "leaseObligation": 440160,
        "totalLiabilities": 1385027
      },
      "equity": {
        "shareCapital": 1419472,
        "deficit": -700397,
        "totalEquity": 719075
      },
      "derivedMetrics": {
        "cashPerShare": 1.1150,
        "workingCapitalPerShare": -1.0090
      }
    },
    "incomeStatement": {
      "threeMonthsEndedSep2025": {
        "revenue": {
          "coalLoading": 72659,
          "other": 3088,
          "totalRevenue": 75747
        },
        "expenses": {
          "operating": 47128,
          "administrative": 2955,
          "totalExpenses": 50083
        },
        "other": {
          "foreignExchangeGainLoss": 523,
          "gainLossOnDisposalOfPropertyPlantAndEquipment": -2766,
          "netFinanceCosts": -5379
        },
        "profitBeforeIncomeTax": 18042,
        "incomeTaxExpense": 4884,
        "profitForThePeriod": 13158,
        "otherComprehensiveIncome": 5522,
        "totalComprehensiveIncome": 18680,
        "profitPerShare": 0.21,
        "weightedAverageSharesOutstanding": 61769766
      },
      "nineMonthsEndedSep2025": {
        "revenue": {
          "coalLoading": 241649,
          "other": 12206,
          "totalRevenue": 253855
        },
        "expenses": {
          "operating": 159083,
          "administrative": 10860,
          "totalExpenses": 169943
        },
        "other": {
          "foreignExchangeGainLoss": 2276,
          "gainLossOnDisposalOfPropertyPlantAndEquipment": -2758,
          "netFinanceCosts": -14484
        },
        "profitBeforeIncomeTax": 68946,
        "incomeTaxExpense": 18655,
        "profitForThePeriod": 50291,
        "otherComprehensiveIncome": 12376,
        "totalComprehensiveIncome": 62667,
        "profitPerShare": 0.81,
        "weightedAverageSharesOutstanding": 61769766
      }
    },
    "cashFlowStatement": {
      "nineMonthsEndedSep2025": {
        "cashFromOperations": {
          "profitForThePeriod": 50291,
          "adjustments": {
            "foreignExchangeContracts": -2584,
            "depreciationAndAmortization": 24767,
            "employeeFutureBenefits": 2316,
            "netFinanceCosts": 14484,
            "incomeTaxExpense": 18655,
            "lossOnDisposalOfPropertyPlantAndEquipment": 2758,
            "totalAdjustments": 110687
          },
          "changesInNonCashWorkingCapital": {
            "accountsReceivable": -33623,
            "inventories": -4368,
            "prepaidExpenses": -3286,
            "accountsPayableAndAccruedLiabilities": -8855,
            "deferredRevenue": -14897,
            "totalChanges": -65029
          },
          "longTermReceivable": -11627,
          "leaseObligationInterestPaid": -15046,
          "longTermDeferredRevenue": 232530,
          "incomeTaxesPaid": -34440,
          "cashProvidedByOperations": 217075
        },
        "cashFromFinancing": {
          "interestReceived": 1829,
          "dividendsPaidToShareholders": -69491,
          "sharePurchases": null,
          "leaseObligationPayments": -410,
          "cashUsedInFinancing": -68072
        },
        "cashFromInvesting": {
          "propertyPlantAndEquipment": -213669,
          "otherIntangibleAssets": -3060,
          "cashUsedInInvesting": -216729
        },
        "netDecreaseInCash": -67726,
        "cashBeginning": 136593,
        "cashEnd": 68867
      }
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Limited Partnership Units",
        "description": "Investment in Westshore Terminals Limited Partnership",
        "ownershipPercentage": 100,
        "value": null,
        "notes": "Wholly-owned subsidiary, consolidated in financial statements."
      }
    ],
    "shareStructure": {
      "authorizedShares": null,
      "issuedShares": 61769766,
      "classesOfShares": ["Common"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "threeMonthsEndedSep2025": {
          "priorAdministrationFee": 108,
          "priorManagementFee": 255,
          "administrationFee": 208,
          "insurancePremiums": 581,
          "vehicleLeases": 59,
          "directorFees": 222
        },
        "threeMonthsEndedSep2024": {
          "priorAdministrationFee": 158,
          "priorManagementFee": 475,
          "administrationFee": null,
          "insurancePremiums": 563,
          "vehicleLeases": 48,
          "directorFees": 205
        },
        "nineMonthsEndedSep2025": {
          "priorAdministrationFee": 434,
          "priorManagementFee": 1233,
          "administrationFee": 208,
          "insurancePremiums": 1504,
          "vehicleLeases": 163,
          "directorFees": 731
        },
        "nineMonthsEndedSep2024": {
          "priorAdministrationFee": 475,
          "priorManagementFee": 1425,
          "administrationFee": null,
          "insurancePremiums": 1519,
          "vehicleLeases": 147,
          "directorFees": 617
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2025-10-15",
        "description": "Dividend paid to shareholders",
        "impactValue": 23163662
      }
    ]
  }
]