Trican Well Service Balance Sheet

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

Millions CAD. 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	12.47	26.28	88.75	58.11	29.51
Cash & Short-Term Investments	12.47	26.28	88.75	58.11	29.51
Cash Growth	-52.57%	-70.39%	52.72%	96.93%	30.54%
Accounts Receivable	260.68	210.62	181.13	175.44	127.79
Other Receivables	5.12	-	-	-	0.97
Receivables	265.79	210.62	181.13	175.44	128.77
Inventory	34.98	20.27	21.55	24.69	19.04
Prepaid Expenses	7.4	6.27	6.2	5.02	4.02
Total Current Assets	320.64	263.44	297.63	263.26	181.34
Property, Plant & Equipment	536.34	409.93	412.82	404.81	383
Goodwill	74.02	-	-	-	-
Other Intangible Assets	61.05	-	-	3.04	13.5
Other Long-Term Assets	21.67	9.7	-	-	-
Total Assets	1,014	683.07	710.44	671.12	577.84
Accounts Payable	50.45	64.21	50.4	53.01	40.7
Accrued Expenses	72.38	61.8	53.25	37.9	34.47
Current Portion of Leases	6.13	5.09	4.42	2.99	2.41
Current Income Taxes Payable	-	4.37	36.37	-	-
Total Current Liabilities	128.96	135.48	144.44	93.9	77.58
Long-Term Debt	92.4	-	-	29.82	-
Long-Term Leases	17.83	14.92	13.72	9.58	7.91
Long-Term Deferred Tax Liabilities	73.15	38.13	31.86	30.27	1.6
Other Long-Term Liabilities	5.53	6.15	3.36	2.88	1.35
Total Liabilities	317.87	194.68	193.38	166.45	88.44
Common Stock	831.08	679.37	753.08	829.2	893.85
Additional Paid-In Capital	67.98	75.29	83.34	85.79	87.8
Retained Earnings	-203.21	-266.26	-319.35	-410.33	-492.24
Total Common Equity	695.85	488.39	517.07	504.67	489.4
Shareholders' Equity	695.85	488.39	517.07	504.67	489.4
Total Liabilities & Equity	1,014	683.07	710.44	671.12	577.84
Total Debt	116.36	20.01	18.14	42.39	10.32
Net Cash (Debt)	-103.89	6.27	70.61	15.72	19.19
Net Cash Growth	-	-91.12%	349.11%	-18.07%	117.08%
Net Cash Per Share	-0.53	0.03	0.32	0.06	0.07
Filing Date Shares Outstanding	210.49	188.37	208.26	228.79	247.71
Total Common Shares Outstanding	210.79	188.92	209.13	229.78	246.96
Working Capital	191.69	127.96	153.19	169.37	103.76
Book Value Per Share	3.30	2.59	2.47	2.20	1.98
Tangible Book Value	560.79	488.39	517.07	501.63	475.9
Tangible Book Value Per Share	2.66	2.59	2.47	2.18	1.93
Buildings	114.18	102.9	113.32	113.32	124.59
Machinery	938.18	808.53	867.67	883.68	911.23

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