Cenovus Energy 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	1,901	3,093	2,227	4,524	2,873	378
Cash & Short-Term Investments	1,901	3,093	2,227	4,524	2,873	378
Cash Growth	-38.76%	38.89%	-50.77%	57.47%	660.05%	103.23%
Accounts Receivable	2,579	2,387	2,744	3,020	2,788	1,157
Other Receivables	1,904	271	465	172	247	56
Receivables	4,483	2,658	3,209	3,192	3,035	1,213
Inventory	3,126	4,496	4,030	4,312	3,919	1,089
Prepaid Expenses	259	187	242	402	486	121
Other Current Assets	-	-	-	-	1,675	175
Total Current Assets	9,769	10,434	9,708	12,430	11,988	2,976
Property, Plant & Equipment	38,316	41,002	39,668	39,029	36,955	27,173
Long-Term Investments	511	618	497	420	441	161
Goodwill	2,923	2,923	2,923	2,923	3,473	2,272
Other Intangible Assets	-	11	-	19	78	89
Long-Term Accounts Receivable	-	61	61	62	60	52
Long-Term Deferred Tax Assets	1,516	1,064	696	546	694	36
Other Long-Term Assets	538	426	362	440	415	11
Total Assets	53,573	56,539	53,915	55,869	54,104	32,770
Accounts Payable	5,216	1,005	1,075	2,331	2,554	608
Accrued Expenses	-	5,106	4,284	3,654	3,167	1,119
Short-Term Debt	-	173	179	115	79	121
Current Portion of Long-Term Debt	-	192	-	-	-	-
Current Portion of Leases	342	359	299	308	272	184
Current Income Taxes Payable	93	396	88	1,211	179	-
Other Current Liabilities	-	131	285	402	1,054	327
Total Current Liabilities	5,651	7,362	6,210	8,021	7,305	2,359
Long-Term Debt	7,156	7,342	7,108	8,691	12,385	7,441
Long-Term Leases	2,530	2,568	2,359	2,528	2,685	1,573
Long-Term Unearned Revenue	-	-	-	45	41	-
Pension & Post-Retirement Benefits	264	269	276	201	288	91
Long-Term Deferred Tax Liabilities	3,949	4,045	4,188	4,283	3,286	3,234
Other Long-Term Liabilities	5,634	5,184	5,062	4,511	4,506	1,365
Total Liabilities	25,184	26,770	25,203	28,280	30,496	16,063
Common Stock	15,162	15,659	16,031	16,320	17,016	11,040
Additional Paid-In Capital	296	944	2,002	2,691	4,284	4,391
Retained Earnings	12,229	10,513	8,913	6,392	878	501
Treasury Stock	-55	-43	-	-	-	-
Comprehensive Income & Other	629	2,325	1,233	1,654	899	775
Total Common Equity	28,261	29,398	28,179	27,057	23,077	16,707
Minority Interest	15	15	14	13	12	-
Shareholders' Equity	28,389	29,769	28,712	27,589	23,608	16,707
Total Liabilities & Equity	53,573	56,539	53,915	55,869	54,104	32,770
Total Debt	10,028	10,634	9,945	11,642	15,421	9,319
Net Cash (Debt)	-8,127	-7,541	-7,718	-7,118	-12,548	-8,941
Net Cash Per Share	-4.47	-4.05	-3.98	-3.55	-6.14	-7.28
Filing Date Shares Outstanding	1,751	1,823	1,872	1,908	1,995	2,017
Total Common Shares Outstanding	1,764	1,823	1,872	1,909	2,001	1,229
Working Capital	4,118	3,072	3,498	4,409	4,683	617
Book Value Per Share	16.03	16.13	15.05	14.17	11.53	13.60
Tangible Book Value	25,338	26,464	25,256	24,115	19,526	14,346
Tangible Book Value Per Share	14.37	14.52	13.49	12.63	9.76	11.67

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