Chorus Aviation Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	28.66	222.22	85.99	100.03	123.57
Short-Term Investments	3.68	4.46	2.84	3.33	0.86
Cash & Short-Term Investments	32.34	226.67	88.83	103.36	124.44
Cash Growth	-85.73%	155.19%	-14.06%	-16.94%	-27.62%
Accounts Receivable	109.6	128.4	216.16	189.79	140.12
Other Receivables	13.35	13.71	15.18	14.02	3.37
Receivables	122.96	142.11	231.35	203.8	143.49
Inventory	168.29	155.17	208.17	116.26	78.79
Prepaid Expenses	11.96	13.32	12.04	12.44	7.98
Restricted Cash	-	-	90.43	67.88	54.87
Other Current Assets	1.21	3.22	-	-	-
Total Current Assets	336.75	540.49	630.81	503.75	409.57
Property, Plant & Equipment	920.11	1,011	2,967	3,282	2,589
Long-Term Investments	-	-	26.79	32.07	-
Goodwill	10.37	7.15	8.97	9.01	7.15
Other Intangible Assets	1.68	1.68	14.6	18.88	1.68
Long-Term Accounts Receivable	19.5	15.56	68.9	61.07	24.5
Long-Term Deferred Tax Assets	-	-	18.29	22.24	6.66
Long-Term Deferred Charges	2.2	3.5	4.68	4.55	5.57
Other Long-Term Assets	19.83	27.5	111.28	122.32	136.29
Total Assets	1,310	1,607	3,851	4,056	3,181
Accounts Payable	170.4	254.17	298.06	306.94	182.07
Accrued Expenses	20.24	21.89	29.58	18.15	20.81
Current Portion of Long-Term Debt	64.34	231.53	430.08	340.31	226.51
Current Portion of Leases	2.55	2.22	3.31	5.04	3.8
Current Income Taxes Payable	-	2.53	10.92	29.34	2.65
Current Unearned Revenue	-	58.87	-	-	-
Other Current Liabilities	1.28	-	32.83	32.91	15.83
Total Current Liabilities	258.82	571.2	804.77	732.69	451.68
Long-Term Debt	296.15	276.3	1,315	1,679	1,681
Long-Term Leases	11.12	6.33	7.27	6.27	6.34
Pension & Post-Retirement Benefits	39.85	40.6	27.67	22.28	24.74
Long-Term Deferred Tax Liabilities	187.62	194.72	212.92	187.68	196
Other Long-Term Liabilities	9.05	6.01	202.85	159.9	130.16
Total Liabilities	802.61	1,095	2,570	2,787	2,490
Common Stock	344.04	394.77	781.7	788.7	356.61
Additional Paid-In Capital	897.9	925.57	1,034	1,038	1,040
Retained Earnings	-761	-837	-649.38	-702.41	-707.91
Comprehensive Income & Other	26.9	28.6	27.37	55.49	1.93
Total Common Equity	507.84	511.95	1,194	1,180	690.47
Minority Interest	-	-	86.59	88.85	-
Shareholders' Equity	507.84	511.95	1,280	1,268	690.47
Total Liabilities & Equity	1,310	1,607	3,851	4,056	3,181
Total Debt	374.16	516.38	1,756	2,030	1,918
Net Cash (Debt)	-341.82	-289.71	-1,667	-1,927	-1,793
Net Cash Per Share	-13.05	-10.57	-57.98	-67.77	-71.28
Filing Date Shares Outstanding	23.42	26.94	27.63	28.62	25.38
Total Common Shares Outstanding	23.42	27.18	27.63	28.76	25.38
Working Capital	77.93	-30.71	-173.96	-228.94	-42.1
Book Value Per Share	21.69	18.84	43.21	41.01	27.21
Tangible Book Value	495.79	503.12	1,170	1,152	681.64
Tangible Book Value Per Share	21.17	18.51	42.35	40.04	26.86
Machinery	1,658	1,694	4,111	4,233	3,476
Leasehold Improvements	12.08	16.37	14.38	14.41	20.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.