Capital Power Income Statement

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
Revenue	3,373	3,677	4,068	2,712	1,757	1,791
Revenue Growth (YoY)	-11.07%	-9.61%	50.00%	54.35%	-1.90%	4.55%
Fuel & Purchased Power	1,826	1,787	2,166	1,578	667	584
Selling, General & Admin	270	232	158	168	130	114
Depreciation & Amortization	558	503	574	553	539	478
Other Operating Expenses	303	323	112	127	105	203
Total Operating Expenses	2,957	2,845	3,010	2,426	1,441	1,379
Operating Income	416	832	1,058	286	316	412
Interest Expense	-276	-223	-163	-140	-184	-192
Interest Income	8	9	11	12	13	14
Net Interest Expense	-268	-214	-152	-128	-171	-178
Income (Loss) on Equity Investments	77	76	65	32	9	-3
Currency Exchange Gain (Loss)	-4	-29	-6	-15	-9	-
Other Non-Operating Income (Expenses)	-11	-9	-16	-34	31	8
EBT Excluding Unusual Items	210	656	949	141	176	239
Total Merger & Restructuring Charges	-10	-10	-7	-	-	-1
Gain (Loss) on Sale of Investments	-	-27	-	-	-	-
Gain (Loss) on Sale of Assets	306	298	-1	-	6	-
Asset Writedown	-	-	-	-	-58	-26
Insurance Settlements	-	-	-	-	23	-
Other Unusual Items	-18	-18	-	-	-	-
Pretax Income	488	899	941	141	147	212
Income Tax Expense	74	198	204	13	60	82
Earnings From Continuing Ops.	414	701	737	128	87	130
Minority Interest in Earnings	-1	-2	7	10	11	6
Net Income	413	699	744	138	98	136
Preferred Dividends & Other Adjustments	30	34	34	39	54	54
Net Income to Common	383	665	710	99	44	82
Net Income Growth	-25.72%	-6.05%	439.13%	40.82%	-27.94%	8.80%
Shares Outstanding (Basic)	145	129	117	117	112	105
Shares Outstanding (Diluted)	145	129	117	117	113	106
Shares Change (YoY)	15.49%	10.02%	0.20%	3.91%	6.57%	0.80%
EPS (Basic)	2.65	5.16	6.07	0.85	0.39	0.78
EPS (Diluted)	2.64	5.15	6.04	0.84	0.39	0.77
EPS Growth	-36.09%	-14.74%	619.05%	115.39%	-49.35%	6.94%
Free Cash Flow	224	74	99	253	245	293
Free Cash Flow Per Share	1.55	0.57	0.84	2.16	2.17	2.77
Dividend Per Share	2.647	2.534	2.390	2.255	2.120	1.985
Dividend Growth	6.00%	6.02%	5.99%	6.37%	6.80%	7.01%
Profit Margin	11.36%	18.09%	17.45%	3.65%	2.50%	4.58%
Free Cash Flow Margin	6.64%	2.01%	2.43%	9.33%	13.94%	16.36%
EBITDA	959	1,320	1,618	831	846	881
EBITDA Margin	28.43%	35.90%	39.77%	30.64%	48.15%	49.19%
D&A For EBITDA	543	488	560	545	530	469
EBIT	416	832	1,058	286	316	412
EBIT Margin	12.33%	22.63%	26.01%	10.55%	17.98%	23.00%
Effective Tax Rate	15.16%	22.02%	21.68%	9.22%	40.82%	38.68%

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