Company research
GRANITE REAL ESTATE INVESTMENT TRUST
CIK 1564538Updated Sep 26, 2026
SecurityGRTUF · OTC · equity
GRTUF price & chart
Loading TradingView…
OTC:GRTUF on TradingView ↗In the news
No coverage from other publishers is available.
Recent filings
Show 5 more recent filings
Financials
FY 2024 · CADSource
Source
Source
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Profit or LossCAD | 361,882,000Source | 138,496,000Source | 155,822,000Source | 1,310,272,000Source |
| Cash flows from financing activities: | ||||
| Dividends paid | — | — | — | — |
| Additional Financial Items | ||||
| AdjustmentsForCurrentTaxOfPriorPeriodCAD | -1,680,000Source | -1,854,000Source | -819,000Source | -1,916,000Source |
| AdjustmentsForDecreaseIncreaseInTradeAccountReceivableCAD | -5,959,000Source | -200,000Source | 1,674,000Source | -4,119,000Source |
| GeneralAndAdministrativeExpenseCAD | 38,909,000Source | 41,440,000Source | 29,465,000Source | 38,400,000Source |
| IncomeTaxesPaidRefundClassifiedAsOperatingActivitiesCAD | 8,315,000Source | 8,258,000Source | 18,090,000Source | 7,669,000Source |
| IncreaseDecreaseInWorkingCapitalCAD | 7,739,000Source | 4,663,000Source | 102,000Source | 1,416,000Source |
| InterestPaidClassifiedAsOperatingActivitiesCAD | 79,480,000Source | 72,460,000Source | 52,494,000Source | 40,483,000Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesCAD | 888,000Source | 730,000Source | 767,000Source | 748,000Source |
| PaymentsToAcquireOrRedeemEntitysSharesCAD | 45,808,000Source | 26,994,000Source | 155,525,000Source | 0Source |
| ProceedsFromBorrowingsClassifiedAsFinancingActivitiesCAD | 0Source | 102,060,000Source | 527,441,000Source | — |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesCAD | 823,798,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueCAD | 569,139,000Source | 521,250,000Source | 455,579,000Source | 393,488,000Source |
| Additional Financial Items | ||||
| ApplicableTaxRatenumber | 0.27Source | 0.27Source | 0.27Source | 0.27Source |
| CurrentTaxExpenseIncomeCAD | 10,149,000Source | 8,450,000Source | 8,079,000Source | 13,572,000Source |
| DeferredTaxExpenseIncomeCAD | 22,178,000Source | -16,195,000Source | -71,045,000Source | 228,948,000Source |
| DeferredTaxExpenseIncomeRecognisedInProfitOrLossCAD | 22,178,000Source | -16,195,000Source | -71,045,000Source | 228,948,000Source |
| DepreciationAndAmortisationExpenseCAD | 1,289,000Source | 1,272,000Source | 1,598,000Source | 1,320,000Source |
| EmployeeBenefitsExpenseCAD | 18,655,000Source | 17,907,000Source | 18,225,000Source | 17,092,000Source |
| FinanceCostsCAD | 89,898,000Source | 78,717,000Source | 50,967,000Source | 47,226,000Source |
| GeneralAndAdministrativeExpenseCAD | 38,909,000Source | 41,440,000Source | 29,465,000Source | 38,400,000Source |
| IncomeTaxExpenseContinuingOperationsCAD | 30,874,000Source | -9,489,000Source | -63,665,000Source | 240,567,000Source |
| InterestExpenseOnLeaseLiabilitiesCAD | 1,638,000Source | 1,593,000Source | 1,549,000Source | 1,572,000Source |
| ProfessionalFeesExpenseCAD | 4,186,000Source | 4,341,000Source | 3,205,000Source | 3,444,000Source |
| ProfitLossAttributableToNoncontrollingInterestsCAD | 1,273,000Source | 1,834,000Source | 54,000Source | 335,000Source |
| ProfitLossAttributableToOwnersOfParentCAD | 360,609,000Source | 136,662,000Source | 155,768,000Source | 1,309,937,000Source |
| ProfitLossBeforeTaxCAD | 392,756,000Source | 129,007,000Source | 92,157,000Source | 1,550,839,000Source |
| ProfitLossFromOperatingActivitiesCAD | 471,986,000Source | 435,238,000Source | 380,358,000Source | 332,676,000Source |
| RevenueFromInterestCAD | 7,073,000Source | 7,708,000Source | 1,625,000Source | 3,109,000Source |