Northland Power Balance Sheet

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

Millions CAD. 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	842.21	613.32	740.24	1,300	673.69	434.99
Short-Term Investments	-	-	-	146.52	-	-
Trading Asset Securities	28.68	44.43	121.44	181.9	0.12	-
Accounts Receivable	442.49	279.22	304.02	297.5	370.23	361.66
Other Receivables	-	256.75	91.99	105.62	18	15
Inventory	-	-	-	-	36.61	24.14
Prepaid Expenses	-	-	-	-	36.42	37.72
Restricted Cash	58.35	59.07	73.26	160.14	155.63	192.53
Other Current Assets	126.81	139.28	115.74	157.44	124	10.65
Total Current Assets	1,499	1,392	1,447	2,349	1,415	1,077
Property, Plant & Equipment	8,355	8,879	9,180	9,378	9,586	8,680
Goodwill	656.99	617.61	639.35	712.62	753.37	708.71
Other Intangible Assets	378.17	393.89	446.87	515.78	497.64	533.17
Long-Term Investments	1,307	1,182	1,056	800.87	166.19	4.6
Long-Term Loans Receivable	-	682.07	405.37	-	-	-
Long-Term Deferred Tax Assets	128.62	38.17	44.73	27.24	60.93	67.63
Long-Term Deferred Charges	2	3	5	3	-	-
Long-Term Accounts Receivable	108.8	130.76	140.68	126.01	131.28	136.2
Other Long-Term Assets	981.02	286.12	261.82	310.55	261.25	192.52
Total Assets	13,415	13,604	13,626	14,223	12,872	11,399
Accounts Payable	107.24	169.03	161.64	153.57	491.67	242.96
Accrued Expenses	-	-	26	18	-	-
Short-Term Debt	-	15.98	15	-	-	-
Current Portion of Long-Term Debt	1,013	867.98	746.26	804.38	772.79	749.18
Current Unearned Revenue	-	-	25.76	327.52	-	-
Current Portion of Leases	-	18.47	16.14	16.75	12.92	9.73
Current Income Taxes Payable	45.67	64.53	88.37	130.74	-	-
Other Current Liabilities	288.33	195.11	196.85	457.9	127.18	57.99
Total Current Liabilities	1,454	1,331	1,276	1,909	1,405	1,060
Long-Term Debt	6,218	6,378	6,488	6,184	7,212	7,432
Long-Term Leases	175.3	158.69	171.09	138.46	138.06	57.74
Pension & Post-Retirement Benefits	29.93	30.05	34.65	22.57	30.68	45.06
Long-Term Deferred Tax Liabilities	485.76	557.83	590.26	697.58	530.95	368.19
Other Long-Term Liabilities	805.44	591.96	583.82	546.53	589.48	433.78
Total Liabilities	9,168	9,048	9,144	9,498	9,906	9,397
Preferred Stock, Redeemable	144.84	144.84	144.84	144.84	260.88	260.88
Common Stock	5,221	5,193	5,085	4,946	4,005	2,956
Additional Paid-In Capital	7.24	6.28	5.98	5.54	3.59	3.23
Retained Earnings	-1,851	-1,202	-1,159	-701.14	-1,233	-1,148
Comprehensive Income & Other	399.42	43.62	107.65	-4.04	-279.96	-279.42
Total Common Equity	3,777	4,041	4,040	4,246	2,496	1,532
Minority Interest	325.23	370.3	297.55	333.09	208.83	209.88
Shareholders' Equity	4,247	4,556	4,483	4,724	2,966	2,003
Total Liabilities & Equity	13,415	13,604	13,626	14,223	12,872	11,399
Total Debt	7,406	7,439	7,436	7,144	8,136	8,249
Net Cash (Debt)	-6,535	-6,782	-6,575	-5,516	-7,462	-7,814
Net Cash Per Share	-25.07	-26.36	-26.02	-23.36	-34.10	-38.84
Filing Date Shares Outstanding	261.5	261	255.66	250.73	227.27	202.46
Total Common Shares Outstanding	261.5	259.95	254.94	250.02	226.88	202.17
Working Capital	44.72	60.97	170.68	440.1	10.15	16.82
Book Value Per Share	14.44	15.55	15.85	16.98	11.00	7.58
Tangible Book Value	2,742	3,030	2,954	3,018	1,245	290.14
Tangible Book Value Per Share	10.48	11.66	11.59	12.07	5.49	1.44
Land	-	2,226	2,054	1,875	1,990	2,097
Machinery	-	10,481	10,764	9,958	10,161	9,157
Construction In Progress	-	671.39	217.69	841.3	622.19	212.48

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