ATCO Ltd. 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	943	374	288	1,033	1,091	1,103
Short-Term Investments	350	339	304	-	-	-
Trading Asset Securities	-	4	22	7	-	-
Accounts Receivable	720	1,012	867	928	823	721
Other Receivables	-	69	90	74	75	62
Inventory	199	155	114	80	61	76
Prepaid Expenses	195	121	61	51	117	47
Loans Receivable Current	-	-	3	-	-	-
Other Current Assets	60	71	87	188	54	30
Total Current Assets	2,467	2,145	1,836	2,361	2,221	2,039
Property, Plant & Equipment	22,634	21,925	20,971	19,613	18,878	18,424
Goodwill	244	244	242	89	73	82
Other Intangible Assets	1,122	1,076	1,028	870	752	685
Long-Term Investments	770	778	727	783	681	646
Long-Term Loans Receivable	33	35	30	-	-	-
Long-Term Deferred Tax Assets	86	91	75	64	54	85
Long-Term Accounts Receivable	103	118	131	141	152	168
Other Long-Term Assets	283	312	318	218	193	71
Total Assets	27,742	26,724	25,358	24,139	23,004	22,200
Accounts Payable	837	1,062	961	1,161	852	695
Short-Term Debt	41	280	-	-	209	3
Current Portion of Long-Term Debt	377	78	531	110	352	199
Current Portion of Leases	28	23	17	16	14	16
Current Income Taxes Payable	-	20	23	13	12	37
Other Current Liabilities	81	92	84	226	147	124
Total Current Liabilities	1,364	1,555	1,616	1,526	1,586	1,074
Long-Term Debt	12,364	11,478	10,518	9,980	9,505	9,450
Long-Term Leases	143	125	104	99	76	84
Long-Term Unearned Revenue	2,143	2,088	2,041	1,989	1,870	1,756
Pension & Post-Retirement Benefits	237	248	244	223	292	439
Long-Term Deferred Tax Liabilities	2,401	2,288	2,152	1,843	1,624	1,443
Other Long-Term Liabilities	231	232	185	135	102	105
Total Liabilities	18,883	18,014	16,860	15,795	15,055	14,351
Common Stock	209	191	187	179	180	178
Additional Paid-In Capital	17	17	14	10	8	6
Retained Earnings	4,525	4,423	4,216	4,090	3,962	3,880
Comprehensive Income & Other	-4	1	6	97	-39	-12
Total Common Equity	4,747	4,632	4,423	4,376	4,111	4,052
Minority Interest	4,112	4,078	4,075	3,968	3,838	3,797
Shareholders' Equity	8,859	8,710	8,498	8,344	7,949	7,849
Total Liabilities & Equity	27,742	26,724	25,358	24,139	23,004	22,200
Total Debt	12,953	11,984	11,170	10,205	10,156	9,752
Net Cash (Debt)	-11,660	-11,267	-10,556	-9,165	-9,065	-8,649
Net Cash Per Share	-103.54	-100.35	-93.10	-80.21	-79.21	-75.40
Filing Date Shares Outstanding	112.1	112.24	112.16	113.66	114.14	114.3
Total Common Shares Outstanding	112.09	112.24	112.16	113.66	114.14	114.3
Working Capital	1,103	590	220	835	635	965
Book Value Per Share	42.35	41.27	39.44	38.50	36.02	35.45
Tangible Book Value	3,381	3,312	3,153	3,417	3,286	3,285
Tangible Book Value Per Share	30.16	29.51	28.11	30.06	28.79	28.74
Land	1,139	1,138	1,089	1,075	1,062	998
Machinery	26,572	25,829	24,869	22,905	22,271	21,397
Construction In Progress	1,158	844	524	770	445	651

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