FRA:751 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	62.2	34.84	25.05	57.62	125.16	101.61
Accounts Receivable	546.2	422.57	401.44	528.06	403.43	324.84
Inventory	226.6	223.6	222.41	224.92	177.76	134.65
Prepaid Expenses	94.4	68.77	65.79	58.65	54.55	49.64
Other Current Assets	217.3	385.31	351.66	225.23	177.85	84.46
Total Current Assets	1,147	1,135	1,066	1,094	938.74	695.2
Property, Plant & Equipment	9,571	9,450	9,127	11,945	11,042	8,242
Regulatory Assets	1,170	1,126	1,185	1,081	1,009	782.43
Goodwill	1,316	1,312	1,324	1,321	1,201	1,208
Other Intangible Assets	68.7	69.14	72.46	96.68	105.12	114.91
Long-Term Investments	209.2	67.76	1,195	1,807	2,344	2,034
Long-Term Deferred Tax Assets	23.9	-	-	84.42	31.6	21.88
Other Long-Term Assets	283	3,801	4,405	198.93	124.66	125.72
Total Assets	13,788	16,962	18,374	17,628	16,798	13,224
Accounts Payable	92.6	164.15	180.41	186.08	185.29	192.16
Accrued Expenses	426.5	503.25	480.69	555.79	428.73	369.53
Short-Term Debt	245	382.99	481.72	407	338.7	30.49
Current Portion of Long-Term Debt	27.5	110.3	140.14	16.27	17.7	139.87
Current Unearned Revenue	-	1	-	-	-	-
Other Current Liabilities	142.6	335.72	402.22	369.31	394.29	223.34
Total Current Liabilities	934.2	1,497	1,685	1,534	1,365	955.4
Long-Term Debt	6,180	6,225	6,878	7,089	5,868	4,412
Long-Term Leases	-	10.69	7.74	21.83	22.51	14.29
Long-Term Unearned Revenue	-	101.9	-	-	-	-
Pension & Post-Retirement Benefits	60.6	73.56	96.5	125.58	238.05	341.5
Long-Term Deferred Tax Liabilities	667.2	577.17	566.26	565.64	530.19	568.64
Other Long-Term Liabilities	871.9	2,295	2,197	1,136	1,072	942.66
Total Liabilities	8,714	10,780	11,431	10,472	9,096	7,235
Preferred Stock, Redeemable	184.3	184.3	184.3	184.3	184.3	184.3
Common Stock	7,401	7,391	6,230	6,184	6,033	4,935
Additional Paid-In Capital	-	-	7.25	9.41	2.01	60.73
Retained Earnings	-2,929	-2,930	-1,280	-997.95	-288.42	45.75
Comprehensive Income & Other	-11.9	62.18	-102.29	-160.06	-71.68	-22.51
Total Common Equity	4,460	4,524	4,855	5,035	5,675	5,019
Minority Interest	430.3	1,473	1,903	1,936	1,843	785.79
Shareholders' Equity	5,074	6,181	6,943	7,156	7,702	5,989
Total Liabilities & Equity	13,788	16,962	18,374	17,628	16,798	13,224
Total Debt	6,453	6,729	7,508	7,534	6,247	4,597
Net Cash (Debt)	-6,391	-6,694	-7,483	-7,476	-6,122	-4,495
Net Cash Per Share	-8.32	-9.12	-10.83	-11.03	-9.73	-7.97
Filing Date Shares Outstanding	768.25	767.45	689.44	688.2	673.69	598.68
Total Common Shares Outstanding	768.15	767.34	689.27	683.61	671.96	597.14
Working Capital	212.5	-362.32	-618.84	-439.98	-425.97	-260.2
Book Value Per Share	5.81	5.90	7.04	7.37	8.44	8.41
Tangible Book Value	3,075	3,142	3,459	3,618	4,368	3,696
Tangible Book Value Per Share	4.00	4.09	5.02	5.29	6.50	6.19
Land	-	117.7	118.3	113.15	114.82	114.85
Machinery	-	10,366	9,330	8,752	7,570	8,673
Construction In Progress	-	433.72	742.17	1,019	758.44	688.67

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