Emera 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	212	196	567	310	394	220
Accounts Receivable	1,320	1,164	1,153	1,503	1,064	834
Other Receivables	49	22	10	9	8	11
Inventory	850	781	790	769	538	453
Prepaid Expenses	133	105	105	82	65	50
Restricted Cash	156	215	122	22	23	34
Other Current Assets	1,306	1,205	961	2,201	1,044	576
Total Current Assets	4,026	3,688	3,708	4,896	3,136	2,178
Property, Plant & Equipment	27,000	26,220	24,430	23,054	20,411	19,596
Regulatory Assets	2,732	2,832	2,766	3,018	2,313	1,419
Goodwill	5,667	5,858	5,871	6,012	5,696	5,720
Long-Term Investments	637	654	1,402	1,418	1,382	1,346
Long-Term Deferred Tax Assets	371	392	208	237	295	209
Long-Term Accounts Receivable	583	610	621	604	503	517
Other Long-Term Assets	2,787	2,697	474	503	508	249
Total Assets	43,803	42,951	39,480	39,742	34,244	31,234
Accounts Payable	1,813	1,992	1,454	2,025	1,485	1,148
Accrued Expenses	-	332	313	318	265	241
Short-Term Debt	1,665	1,400	1,433	2,726	1,742	1,625
Current Portion of Long-Term Debt	1,170	234	676	574	462	1,382
Current Portion of Leases	-	3	3	3	3	3
Current Income Taxes Payable	-	4	2	9	6	1
Other Current Liabilities	1,628	1,150	663	1,632	915	475
Total Current Liabilities	6,276	5,115	4,544	7,287	4,878	4,875
Long-Term Debt	17,809	18,173	17,689	15,744	14,196	12,339
Long-Term Leases	-	54	55	59	58	60
Pension & Post-Retirement Benefits	269	274	265	281	370	453
Long-Term Deferred Tax Liabilities	2,418	2,331	2,352	2,196	1,868	1,629
Other Long-Term Liabilities	3,547	3,713	2,487	2,734	2,724	2,640
Total Liabilities	30,319	29,660	27,392	28,301	24,094	21,996
Preferred Stock, Redeemable	1,422	1,422	1,422	1,422	1,422	1,004
Common Stock	9,312	9,042	8,462	7,762	7,242	6,705
Additional Paid-In Capital	85	84	82	81	79	79
Retained Earnings	1,766	1,468	1,803	1,584	1,348	1,495
Comprehensive Income & Other	885	1,261	305	578	25	-79
Total Common Equity	12,048	11,855	10,652	10,005	8,694	8,200
Minority Interest	14	14	14	14	34	34
Shareholders' Equity	13,484	13,291	12,088	11,441	10,150	9,238
Total Liabilities & Equity	43,803	42,951	39,480	39,742	34,244	31,234
Total Debt	20,644	19,864	19,856	19,106	16,461	15,409
Net Cash (Debt)	-20,432	-19,668	-19,289	-18,796	-16,067	-15,189
Net Cash Per Share	-68.62	-68.01	-70.45	-70.69	-62.37	-61.20
Filing Date Shares Outstanding	300.7	297.7	285.8	271.4	261.2	251.6
Total Common Shares Outstanding	300.6	295.94	284.12	269.95	261.07	251.43
Working Capital	-2,250	-1,427	-836	-2,391	-1,742	-2,697
Book Value Per Share	40.08	40.06	37.49	37.06	33.30	32.61
Tangible Book Value	6,381	5,997	4,781	3,993	2,998	2,480
Tangible Book Value Per Share	21.23	20.26	16.83	14.79	11.48	9.86
Machinery	-	33,651	32,273	30,576	26,868	25,891
Construction In Progress	-	2,959	2,097	1,994	2,224	2,358

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