Total Energy Services 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	57.09	38.42	47.94	34.06	33.37	23
Cash & Short-Term Investments	57.09	38.42	47.94	34.06	33.37	23
Cash Growth	-7.74%	-19.85%	40.73%	2.09%	45.09%	15.72%
Accounts Receivable	161.61	129.32	119.22	135.64	77.62	64.7
Other Receivables	-	19.73	18.39	19.44	15.13	9.96
Receivables	161.61	149.05	137.6	155.08	92.75	74.66
Inventory	136.97	104.09	98.18	91.61	89.92	95.59
Prepaid Expenses	21.01	17.64	16.74	18.85	9.21	6.88
Other Current Assets	-	-	-	0.38	0.49	0.57
Total Current Assets	376.67	309.2	300.45	299.98	225.73	200.68
Property, Plant & Equipment	633.41	622.5	557.15	567.52	576.27	637.72
Goodwill	4.05	4.05	4.05	4.05	4.05	4.05
Long-Term Deferred Tax Assets	1.26	1.96	-	-	0.39	0.06
Other Long-Term Assets	-	-	-	7.07	7.07	7.07
Total Assets	1,015	937.71	861.66	878.62	813.52	849.58
Accounts Payable	167.09	50.16	43.4	53.21	33.65	16.52
Accrued Expenses	-	70.05	71.2	54.86	30.47	28.09
Current Portion of Long-Term Debt	-	40.95	2.05	1.99	2.61	2.55
Current Portion of Leases	6.47	6.37	5.88	5.17	4.03	6.42
Current Income Taxes Payable	3.69	4.51	9.77	-	-	-
Current Unearned Revenue	80.42	52.13	41.52	70.1	17.67	8.17
Other Current Liabilities	5.46	6.31	3.2	2.49	-	-
Total Current Liabilities	263.13	230.46	177.01	187.82	88.43	61.74
Long-Term Debt	90	70	90.95	118	187.91	230.52
Long-Term Leases	8.2	9.17	9.89	9.63	8.1	8.42
Long-Term Deferred Tax Liabilities	59.95	57.03	53.05	41.14	35.65	37.91
Total Liabilities	421.28	366.67	330.9	356.59	320.09	338.59
Common Stock	232.26	239.27	251.28	261.11	270.91	284.08
Additional Paid-In Capital	5.79	5.28	4.81	3.59	5.76	4.97
Retained Earnings	370.08	337.47	299.66	273.8	242.92	240.05
Comprehensive Income & Other	-14.3	-11.22	-25.51	-17.03	-26.7	-18.74
Total Common Equity	593.83	570.8	530.24	521.47	492.88	510.36
Minority Interest	0.29	0.25	0.52	0.55	0.56	0.63
Shareholders' Equity	594.11	571.04	530.76	522.02	493.44	510.99
Total Liabilities & Equity	1,015	937.71	861.66	878.62	813.52	849.58
Total Debt	104.67	126.49	108.76	134.79	202.65	247.91
Net Cash (Debt)	-47.58	-88.07	-60.83	-100.73	-169.28	-224.91
Net Cash Per Share	-1.25	-2.22	-1.48	-2.34	-3.79	-4.99
Filing Date Shares Outstanding	37.19	38.1	39.98	41.39	42.71	45.08
Total Common Shares Outstanding	37.05	38.1	39.98	41.5	43	45.08
Working Capital	113.54	78.74	123.44	112.15	137.3	138.94
Book Value Per Share	16.03	14.98	13.26	12.57	11.46	11.32
Tangible Book Value	589.77	566.75	526.18	517.42	488.82	506.31
Tangible Book Value Per Share	15.92	14.88	13.16	12.47	11.37	11.23
Land	-	121.79	121.22	121	120.48	120.5
Machinery	-	1,275	1,125	1,082	1,020	1,014
Order Backlog	-	189	162.8	219.5	147.5	43.9

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