XPLR Infrastructure Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	711	283	274	226	147	108
Accounts Receivable	109	105	114	117	112	83
Other Receivables	150	107	128	870	1,028	173
Inventory	100	108	82	49	41	24
Restricted Cash	63	45	20	49	4	4
Other Current Assets	81	212	1,598	551	78	22
Total Current Assets	1,214	860	2,216	1,862	1,410	414
Property, Plant & Equipment	15,050	14,627	14,910	14,262	11,509	7,205
Goodwill	-	253	833	812	891	609
Other Intangible Assets	1,691	1,817	1,987	2,010	2,768	2,182
Long-Term Investments	638	2,108	1,964	1,973	1,943	1,824
Long-Term Deferred Tax Assets	-	219	215	195	322	249
Other Long-Term Assets	532	408	386	1,938	133	79
Total Assets	19,125	20,292	22,511	23,052	18,976	12,562
Accounts Payable	57	65	72	97	882	43
Accrued Expenses	87	78	81	51	51	47
Current Portion of Long-Term Debt	999	705	1,348	38	59	32
Other Current Liabilities	481	239	170	1,140	269	228
Total Current Liabilities	1,624	1,087	1,671	1,326	1,261	350
Long-Term Debt	4,861	4,609	4,941	5,250	5,889	4,158
Long-Term Leases	-	78	80	77	45	43
Long-Term Deferred Tax Liabilities	-	23	22	20	6	5
Other Long-Term Liabilities	1,663	1,629	1,740	1,607	616	299
Total Liabilities	8,148	7,426	8,454	8,280	7,817	4,855
Common Stock	3,162	3,221	3,576	3,332	2,985	2,362
Comprehensive Income & Other	-5	-6	-7	-7	-8	-8
Total Common Equity	3,157	3,215	3,569	3,325	2,977	2,354
Minority Interest	7,820	9,651	10,488	11,447	8,182	5,353
Shareholders' Equity	10,977	12,866	14,057	14,772	11,159	7,707
Total Liabilities & Equity	19,125	20,292	22,511	23,052	18,976	12,562
Total Debt	5,860	5,392	6,369	5,365	5,993	4,233
Net Cash (Debt)	-5,149	-5,109	-6,095	-5,139	-5,846	-4,125
Net Cash Per Share	-54.89	-54.64	-66.54	-60.53	-75.53	-60.31
Filing Date Shares Outstanding	93.97	93.53	93.43	86.54	83.87	75.87
Total Common Shares Outstanding	93.97	93.5	93.4	86.5	83.9	75.9
Working Capital	-410	-227	545	536	149	64
Book Value Per Share	33.60	34.39	38.21	38.44	35.48	31.01
Tangible Book Value	1,466	1,145	749	503	-682	-437
Tangible Book Value Per Share	15.60	12.25	8.02	5.82	-8.13	-5.76
Land	-	79	78	68	102	60
Machinery	-	16,269	16,079	14,639	10,439	6,762
Construction In Progress	-	47	26	404	736	159

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