NorthWestern Energy Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8.78	4.28	9.16	8.49	2.82
Accounts Receivable	209.75	187.76	212.26	244.95	198.67
Inventory	132.51	122.94	114.54	107.36	80.61
Prepaid Expenses	38.01	38.61	25.4	28.04	24.21
Restricted Cash	21.96	24.73	16.02	13.97	15.94
Other Current Assets	92.94	39.85	29.63	136.01	115.54
Total Current Assets	503.94	418.19	407.01	538.82	437.8
Property, Plant & Equipment	6,739	6,398	6,040	5,657	5,247
Regulatory Assets	772.63	764.41	743.95	716.57	690.69
Goodwill	367.64	357.59	357.59	357.59	357.59
Other Long-Term Assets	76.63	59.06	52.31	47.32	47.14
Total Assets	8,460	7,998	7,601	7,318	6,780
Accounts Payable	129.63	111.79	124.34	201.5	115.24
Accrued Expenses	254.65	238.32	249.09	227.36	207.87
Short-Term Debt	150	100	-	-	-
Current Portion of Long-Term Debt	104.97	299.95	99.95	144.53	-
Current Portion of Leases	1.87	3.6	3.34	3.1	2.88
Other Current Liabilities	56.33	48.55	58.18	44.36	53.66
Total Current Liabilities	697.45	802.2	534.9	620.85	379.64
Long-Term Debt	3,181	2,695	2,685	2,474	2,541
Long-Term Leases	-	1.87	5.46	8.8	11.9
Pension & Post-Retirement Benefits	20.13	56.6	75.3	84.73	96.15
Long-Term Deferred Tax Liabilities	733.06	663.43	600.52	538.98	499.63
Other Long-Term Liabilities	942.26	920.38	914.52	924.89	911.93
Total Liabilities	5,574	5,140	4,815	4,653	4,441
Common Stock	0.65	0.65	0.65	0.63	0.58
Additional Paid-In Capital	2,092	2,084	2,079	1,999	1,716
Retained Earnings	896.72	877.02	811.5	771.41	728.47
Treasury Stock	-97.5	-97.39	-97.93	-98.39	-98.25
Comprehensive Income & Other	-6.06	-6.7	-7.66	-7.85	-7.31
Shareholders' Equity	2,886	2,858	2,785	2,665	2,340
Total Liabilities & Equity	8,460	7,998	7,601	7,318	6,780
Total Debt	3,438	3,101	2,793	2,631	2,556
Net Cash (Debt)	-3,429	-3,096	-2,784	-2,622	-2,553
Net Cash Per Share	-55.72	-50.45	-46.13	-46.58	-49.23
Filing Date Shares Outstanding	61.44	61.33	61.26	59.77	54.08
Total Common Shares Outstanding	61.42	61.32	61.25	59.74	54.06
Working Capital	-193.51	-384.01	-127.89	-82.02	58.15
Book Value Per Share	46.98	46.60	45.48	44.61	43.28
Tangible Book Value	2,518	2,500	2,428	2,308	1,982
Tangible Book Value Per Share	41.00	40.77	39.64	38.62	36.67
Machinery	9,067	8,613	7,923	7,532	7,023
Construction In Progress	217.94	164.77	377.24	311.65	294.62

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