SEDAR Interim Financial Statements

[
  {
    "companyName": "Westshore Terminals Investment Corporation",
    "reportingPeriodEnd": "2026-03-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 101535,
      "accountsReceivable": 56840,
      "inventories": 23241,
      "prepaidExpenses": 1468,
      "otherAssets": 5,
      "propertyPlantAndEquipmentNet": 1192111,
      "longTermReceivable": 38479,
      "rightOfUseAssets": 399943,
      "goodwill": 365541,
      "otherIntangibleAssets": 12284,
      "employeeFutureBenefits": 58374,
      "totalAssets": 2249821,
      "accountsPayableAndAccruedLiabilities": 153093,
      "incomeTaxPayable": 4995,
      "deferredRevenue": 3504,
      "otherLiabilities": null,
      "leaseObligationCurrentPortion": 1493,
      "dividendsPayableToShareholders": 23164,
      "totalCurrentLiabilities": 186249,
      "longTermDeferredRevenue": 769570,
      "deferredIncomeTaxes": 48071,
      "employeeFutureBenefitsLiability": 64842,
      "leaseObligation": 439139,
      "totalLiabilities": 1507871,
      "shareCapital": 1419472,
      "deficit": -677522,
      "totalShareholdersEquity": 741950,
      "totalLiabilitiesAndEquity": 2249821,
      "totalCurrentAssets": 183089,
      "cashPerShare": 1.644,
      "workingCapitalPerShare": -0.0512
    },
    "incomeStatement": {
      "revenue": 91852,
      "coalLoadingRevenue": 86560,
      "otherRevenue": 5292,
      "operatingExpenses": 54500,
      "administrativeExpenses": 4516,
      "totalExpenses": 59016,
      "foreignExchangeGain": 296,
      "insuranceProceeds": 1394,
      "miscellaneousExpense": -2638,
      "gainOnDisposalOfPropertyPlantEquipment": 0,
      "netFinanceCosts": -5406,
      "profitBeforeIncomeTax": 26482,
      "incomeTaxExpense": 7163,
      "profitForPeriod": 19319,
      "otherComprehensiveIncomeNetOfTax": 6710,
      "totalComprehensiveIncome": 26029,
      "profitPerShareBasic": 0.31,
      "profitPerShareDiluted": 0.31,
      "weightedAverageSharesOutstanding": 61769766
    },
    "cashFlowStatement": {
      "profitForPeriod": 19319,
      "adjustmentsFor":
        {
          "foreignExchangeContracts": -10,
          "depreciationAndAmortization": 8521,
          "employeeFutureBenefits": 1350,
          "netFinanceCosts": 5406,
          "incomeTaxExpense": 7163,
          "gainOnDisposalOfPropertyPlantEquipment": 0
        },
      "operatingCashFlowsBeforeWorkingCapital": 41749,
      "changesInNonCashOperatingWorkingCapital":
        {
          "accountsReceivable": 14223,
          "inventories": -145,
          "prepaidExpenses": 1946,
          "accountsPayableAndAccruedLiabilities": -10581,
          "deferredRevenue": -19452,
          "total": -14009
        },
      "longTermReceivable": -4238,
      "leaseObligationInterestPaid": -5010,
      "longTermDeferredRevenue": 84753,
      "incomeTaxesPaid": -9094,
      "cashFlowFromOperations": 94151,
      "interestReceivedPaid": -207,
      "dividendsPaidToShareholders": -23164,
      "leaseObligationPayment": -232,
      "cashFlowUsedInFinancing": -23603,
      "propertyPlantEquipmentNet": -94277,
      "otherIntangibleAssets": -619,
      "cashFlowUsedInInvesting": -94896,
      "netIncreaseDecreaseInCash": -24348,
      "cashAndCashEquivalentsBeginning": 125883,
      "cashAndCashEquivalentsEnding": 101535
    },
    "investmentsAndOtherAssets": [],
    "shareStructure": {
      "authorizedShares": null,
      "issuedShares": 61769766,
      "classesOfShares": ["Common"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": [
        {
          "period": "Q1 2026",
          "components": {
            "salariesAndShortTermBenefits": 1054,
            "postEmploymentBenefits": 31,
            "total": 1085
          }
        }
      ],
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Westar Management Ltd.",
          "description": "Administration fees",
          "amount": 641,
          "period": "Q1 2026"
        },
        {
          "counterparty": "Affiliate of Westar Management Ltd.",
          "description": "Insurance premiums",
          "amount": 533,
          "period": "Q1 2026"
        },
        {
          "counterparty": "Affiliate of Westar Management Ltd.",
          "description": "Vehicle leases",
          "amount": 53,
          "period": "Q1 2026"
        },
        {
          "counterparty": "Directors",
          "description": "Director fees",
          "amount": 226,
          "period": "Q1 2026"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-04-15",
        "description": "Dividend declared and paid of $0.375 per share amounting to $23.2 million",
        "impactValue": 23164
      }
    ]
  }
]