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Combined Balance Sheets
$ in Thousands, $ in Millions
Dec. 31, 2022
CAD ($)
Dec. 31, 2021
CAD ($)
Non-current assets:    
Investment properties $ 8,839,571 $ 7,971,158
Acquisition deposits 8,487 26,053
Deferred tax assets 629 4,452
Fixed assets, net 4,037 2,486
Derivatives 151,855 62,768
Loan receivable 0 10,500
Other assets 2,181 2,780
Total non-current assets 9,006,760 8,080,168
Current assets:    
Assets held for sale 41,182 64,612
Loan receivable 69,186 0
Accounts receivable 12,176 10,771
Income taxes receivable 1,288 1,437
Prepaid expenses and other 14,681 7,196
Cash and cash equivalents 135,081 402,513
Total assets 9,280,354 8,566,697
Non-current liabilities:    
Unsecured debt, net 2,583,930 2,425,089
Derivatives 6,391 18,624
Secured debt 0 763
Long-term portion of lease obligations 32,977 31,645
Deferred tax liabilities 557,391 604,667
Total non-current liabilities 3,180,689 3,080,788
Current liabilities:    
Unsecured debt, net 399,707 0
Derivatives 7,076 0
Secured debt 51,373 0
Deferred revenue 17,358 12,099
Accounts payable and accrued liabilities 114,775 113,244
Distributions payable 16,991 16,969
Short-term portion of lease obligations 746 505
Income taxes payable 11,292 21,558
Total liabilities 3,800,007 3,245,163
Equity:    
Stapled unitholders’ equity 5,475,375 5,318,653
Non-controlling interests 4,972 2,881
Total equity 5,480,347 5,321,534
Total liabilities and equity $ 9,280,354 $ 8,566,697