Trican Well Service 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	8.53	26.28	88.75	58.11	29.51	22.61
Cash & Short-Term Investments	8.53	26.28	88.75	58.11	29.51	22.61
Cash Growth	182.01%	-70.39%	52.72%	96.93%	30.54%	213.90%
Accounts Receivable	286.77	210.62	181.13	175.44	127.79	77.1
Other Receivables	5.14	-	-	-	0.97	2.05
Receivables	291.92	210.62	181.13	175.44	128.77	79.16
Inventory	26.16	20.27	21.55	24.69	19.04	21.6
Prepaid Expenses	7.6	6.27	6.2	5.02	4.02	4.77
Total Current Assets	334.2	263.44	297.63	263.26	181.34	128.13
Property, Plant & Equipment	547.45	409.93	412.82	404.81	383	414.7
Long-Term Investments	-	-	-	-	-	2.1
Goodwill	66.97	-	-	-	-	-
Other Intangible Assets	72.49	-	-	3.04	13.5	23.96
Other Long-Term Assets	22.16	9.7	-	-	-	-
Total Assets	1,043	683.07	710.44	671.12	577.84	568.88
Accounts Payable	92.34	64.21	50.4	53.01	40.7	30.25
Accrued Expenses	17.6	61.8	53.25	37.9	34.47	26.92
Current Portion of Leases	6.33	5.09	4.42	2.99	2.41	3.45
Current Income Taxes Payable	-	4.37	36.37	-	-	-
Total Current Liabilities	116.27	135.48	144.44	93.9	77.58	60.63
Long-Term Debt	139.12	-	-	29.82	-	-
Long-Term Leases	19.72	14.92	13.72	9.58	7.91	10.31
Long-Term Deferred Tax Liabilities	76.32	38.13	31.86	30.27	1.6	-
Other Long-Term Liabilities	4.76	6.15	3.36	2.88	1.35	-
Total Liabilities	356.18	194.68	193.38	166.45	88.44	70.94
Common Stock	836.91	679.37	753.08	829.2	893.85	927.99
Additional Paid-In Capital	72.21	75.29	83.34	85.79	87.8	89.39
Retained Earnings	-222.03	-266.26	-319.35	-410.33	-492.24	-520.25
Comprehensive Income & Other	-	-	-	-	-	0.8
Total Common Equity	687.09	488.39	517.07	504.67	489.4	497.95
Shareholders' Equity	687.09	488.39	517.07	504.67	489.4	497.95
Total Liabilities & Equity	1,043	683.07	710.44	671.12	577.84	568.88
Total Debt	165.16	20.01	18.14	42.39	10.32	13.77
Net Cash (Debt)	-156.64	6.27	70.61	15.72	19.19	8.84
Net Cash Growth	-	-91.12%	349.11%	-18.07%	117.08%	-
Net Cash Per Share	-0.82	0.03	0.32	0.06	0.07	0.03
Filing Date Shares Outstanding	212.23	188.37	208.26	228.79	247.71	255.19
Total Common Shares Outstanding	212.23	188.92	209.13	229.78	246.96	255.74
Working Capital	217.93	127.96	153.19	169.37	103.76	67.5
Book Value Per Share	3.24	2.59	2.47	2.20	1.98	1.95
Tangible Book Value	547.63	488.39	517.07	501.63	475.9	473.99
Tangible Book Value Per Share	2.58	2.59	2.47	2.18	1.93	1.85
Buildings	-	102.9	113.32	113.32	124.59	125.4
Machinery	-	808.53	867.67	883.68	911.23	923.52

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