ONE Gas 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	10.62	58	18.84	9.68	8.85
Short-Term Investments	2.63	-	-	-	-
Accounts Receivable	461.63	408.45	347.86	553.83	341.76
Other Receivables	55.55	53.62	3.95	-	-
Inventory	274.05	252.85	264.75	340.08	234.54
Restricted Cash	23.11	20.54	20.55	8.45	-
Other Current Assets	88.3	136.43	109.26	305.57	1,639
Total Current Assets	915.88	929.88	765.2	1,218	2,225
Property, Plant & Equipment	7,135	6,663	6,156	5,652	5,222
Regulatory Assets	256.23	278.01	287.91	330.83	724.86
Goodwill	157.95	157.95	157.95	157.95	157.95
Other Intangible Assets	233.79	265.95	293.62	323.84	-
Other Long-Term Assets	153.74	130.41	110.1	94.03	73.01
Total Assets	8,853	8,426	7,771	7,776	8,402
Accounts Payable	222.1	261.32	278.06	360.49	258.55
Accrued Expenses	75.57	75.61	68.79	78.35	67.04
Short-Term Debt	737.4	914.6	88.5	552	494
Current Portion of Long-Term Debt	280.24	28.97	800.41	20.73	-
Current Portion of Leases	4.9	5.2	-	-	-
Other Current Liabilities	211.65	172.58	241.46	177.85	160.9
Total Current Liabilities	1,532	1,458	1,477	1,189	980.49
Long-Term Debt	2,356	2,385	2,160	2,662	3,683
Long-Term Leases	7.6	11.4	-	-	-
Pension & Post-Retirement Benefits	-	-	-	19.59	35.23
Long-Term Deferred Tax Liabilities	963.87	891.74	752.07	698.46	695.28
Other Long-Term Liabilities	553.59	574.32	615.43	622.77	658.21
Total Liabilities	5,413	5,321	5,005	5,192	6,053
Common Stock	0.63	0.6	0.57	0.55	0.54
Additional Paid-In Capital	2,530	2,294	2,029	1,933	1,790
Retained Earnings	909.36	809.61	737.74	651.86	565.16
Comprehensive Income & Other	0	-0.13	-1.18	-0.7	-6.53
Shareholders' Equity	3,440	3,105	2,766	2,584	2,350
Total Liabilities & Equity	8,853	8,426	7,771	7,776	8,402
Total Debt	3,386	3,345	3,049	3,234	4,177
Net Cash (Debt)	-3,373	-3,287	-3,030	-3,225	-4,169
Net Cash Per Share	-55.74	-57.64	-54.25	-59.35	-77.66
Filing Date Shares Outstanding	62.69	59.88	56.55	55.35	53.63
Total Common Shares Outstanding	62.69	59.88	56.55	55.35	53.63
Working Capital	-615.97	-528.4	-712.02	28.19	1,244
Book Value Per Share	54.87	51.85	48.91	46.69	43.81
Tangible Book Value	3,048	2,681	2,314	2,103	2,192
Tangible Book Value Per Share	48.62	44.77	40.93	37.99	40.86
Machinery	1,066	942.68	907.95	782.87	712.66
Construction In Progress	98.93	166.69	131.44	150.07	101.02

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