LON:0HEC Balance Sheet

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

Millions USD. 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	1,068	202.9	330.1	509.4	403.4	392.7
Short-Term Investments	225.4	215.4	214.3	187.6	220.4	200.8
Accounts Receivable	2,770	2,568	2,399	2,618	1,908	1,810
Other Receivables	122.9	102.3	204.9	149.1	155.4	218.4
Inventory	1,586	1,715	1,880	1,350	989.2	1,310
Prepaid Expenses	260.8	17.2	274.2	255	129.8	127
Restricted Cash	39.1	43.1	48.9	47.1	48	45.6
Other Current Assets	788.5	925	731.5	1,659	3,955	247.4
Total Current Assets	6,860	5,789	6,082	6,776	7,809	4,352
Property, Plant & Equipment	88,596	82,996	77,314	73,985	66,580	64,768
Regulatory Assets	4,950	5,129	5,092	4,762	4,142	3,527
Goodwill	52.5	52.5	52.5	52.5	52.5	52.5
Long-Term Investments	-	-	-	14.3	1,448	1,406
Long-Term Deferred Charges	3,719	2,472	2,536	3,313	1,666	1,549
Other Long-Term Assets	6,076	6,640	5,607	4,502	5,972	5,103
Total Assets	110,254	103,078	96,684	93,403	87,669	80,757
Accounts Payable	2,807	2,638	2,033	2,671	2,055	1,710
Accrued Expenses	606.4	460.7	419.3	345.3	283.5	276.7
Short-Term Debt	1,158	2,524	2,830	4,112	2,614	2,479
Current Portion of Long-Term Debt	1,899	3,371	2,541	2,528	2,154	2,086
Current Portion of Leases	98.4	138.4	181.4	170.9	402.2	299.4
Current Income Taxes Payable	1,257	1,922	1,800	1,715	1,586	1,476
Other Current Liabilities	2,173	1,955	1,779	1,725	3,332	1,599
Total Current Liabilities	9,998	13,009	11,584	13,266	12,427	9,927
Long-Term Debt	44,239	39,343	37,710	34,406	31,301	28,986
Long-Term Leases	496.3	621.4	659.3	720.9	688.9	869.4
Pension & Post-Retirement Benefits	268.1	360.7	241.7	257.3	328.4	336.4
Long-Term Deferred Tax Liabilities	10,714	10,038	9,570	9,134	8,451	8,462
Other Long-Term Liabilities	13,059	12,720	11,634	11,497	11,793	11,402
Total Liabilities	78,774	76,092	71,398	69,281	64,989	59,983
Common Stock	3,486	3,472	3,428	3,413	3,409	3,359
Additional Paid-In Capital	11,562	9,606	9,074	8,051	7,173	6,589
Retained Earnings	15,369	13,869	12,800	12,346	11,667	10,688
Comprehensive Income & Other	-27.8	-3.1	-55.5	83.7	184.8	-85.1
Total Common Equity	30,389	26,944	25,247	23,893	22,433	20,551
Minority Interest	1,090	42.3	39.2	229	247	223.6
Shareholders' Equity	31,479	26,986	25,286	24,122	22,680	20,775
Total Liabilities & Equity	110,254	103,078	96,684	93,403	87,669	80,757
Total Debt	47,890	45,998	43,922	41,938	37,160	34,721
Net Cash (Debt)	-46,597	-45,580	-43,377	-41,241	-36,536	-34,127
Net Cash Per Share	-86.97	-85.78	-83.38	-80.31	-72.81	-68.63
Filing Date Shares Outstanding	535.27	532.91	526.18	513.87	504.21	496.6
Total Common Shares Outstanding	535.13	532.91	526.18	513.87	504.21	496.6
Working Capital	-3,138	-7,221	-5,502	-6,491	-4,618	-5,575
Book Value Per Share	56.79	50.56	47.98	46.50	44.49	41.38
Tangible Book Value	30,337	26,891	25,194	23,841	22,381	20,498
Tangible Book Value Per Share	56.69	50.46	47.88	46.40	44.39	41.28
Machinery	100,048	94,690	89,133	86,119	77,050	74,855
Construction In Progress	7,457	6,347	5,508	4,810	3,684	4,026

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