Hydro One 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	412	716	79	530	540	757
Accounts Receivable	1,294	1,236	1,143	1,049	983	1,048
Inventory	30	29	35	25	22	23
Prepaid Expenses	104	94	51	62	55	53
Other Current Assets	25	42	46	194	226	108
Total Current Assets	1,865	2,117	1,354	1,860	1,826	1,989
Property, Plant & Equipment	30,831	29,148	26,923	25,133	23,899	22,708
Regulatory Assets	3,738	3,503	3,260	2,964	3,561	4,571
Goodwill	378	373	373	373	373	373
Other Intangible Assets	653	661	656	608	570	514
Long-Term Investments	301	46	43	35	22	7
Long-Term Deferred Tax Assets	132	127	119	114	118	124
Other Long-Term Assets	867	707	124	370	14	8
Total Assets	38,765	36,682	32,852	31,457	30,383	30,294
Accounts Payable	508	690	636	566	521	567
Accrued Expenses	1,096	985	831	828	777	717
Short-Term Debt	933	200	279	1,374	1,045	800
Current Portion of Long-Term Debt	1,331	1,154	700	733	611	817
Current Unearned Revenue	295	336	211	-	-	-
Current Portion of Leases	14	14	12	12	14	12
Other Current Liabilities	17	122	51	139	10	66
Total Current Liabilities	4,194	3,501	2,720	3,652	2,978	2,979
Long-Term Debt	16,500	16,332	14,712	13,030	13,017	12,740
Long-Term Leases	30	41	37	43	46	70
Pension & Post-Retirement Benefits	1,628	1,590	1,531	1,376	2,513	3,457
Long-Term Deferred Tax Liabilities	1,754	1,452	1,067	715	367	56
Other Long-Term Liabilities	1,947	1,593	1,020	1,249	486	364
Total Liabilities	26,053	24,509	21,087	20,065	19,407	19,666
Common Stock	5,721	5,713	5,706	5,699	5,688	5,678
Additional Paid-In Capital	25	28	30	34	38	47
Retained Earnings	6,878	6,360	5,947	5,562	5,174	4,838
Comprehensive Income & Other	-10	-12	-3	11	-12	-29
Total Common Equity	12,614	12,089	11,680	11,306	10,888	10,534
Minority Interest	98	84	85	86	88	94
Shareholders' Equity	12,712	12,173	11,765	11,392	10,976	10,628
Total Liabilities & Equity	38,765	36,682	32,852	31,457	30,383	30,294
Total Debt	18,808	17,741	15,740	15,192	14,733	14,439
Net Cash (Debt)	-18,396	-17,025	-15,661	-14,662	-14,193	-13,682
Net Cash Per Share	-30.62	-28.34	-26.08	-24.41	-23.64	-22.81
Filing Date Shares Outstanding	599.78	599.44	599.08	598.71	598.33	597.61
Total Common Shares Outstanding	599.78	599.44	599.08	598.71	598.22	597.61
Working Capital	-2,329	-1,384	-1,366	-1,792	-1,152	-990
Book Value Per Share	21.03	20.17	19.50	18.88	18.20	17.63
Tangible Book Value	11,583	11,055	10,651	10,325	9,945	9,647
Tangible Book Value Per Share	19.31	18.44	17.78	17.25	16.62	16.14
Machinery	-	38,205	36,324	34,397	32,481	31,152
Construction In Progress	2,951	2,113	1,505	1,230	1,417	1,135

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