Zenith Energy Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	2.07	3.2	0.21	1.44	1.15
Cash & Short-Term Investments	2.07	3.2	0.21	1.44	1.15
Cash Growth	-35.39%	1445.41%	-85.65%	25.06%	-29.31%
Accounts Receivable	19.78	1.26	0.95	11.77	4.44
Other Receivables	-	17.88	1.83	14.91	14.74
Receivables	19.78	19.13	2.78	26.68	19.18
Inventory	2.47	2.41	2.03	6.45	8.45
Other Current Assets	5.48	5.48	-	-	-
Total Current Assets	29.79	30.22	5.02	34.57	28.77
Property, Plant & Equipment	167.82	134.5	134.46	227.57	229.77
Other Intangible Assets	-	-	0.54	-	-
Other Long-Term Assets	-	-	-	0.78	0.75
Total Assets	197.62	164.72	140.02	262.91	259.3
Accounts Payable	10.88	7.5	4	12.88	13.72
Short-Term Debt	4.84	-	-	-	-
Current Portion of Long-Term Debt	-	14.32	9.49	8.7	6.82
Other Current Liabilities	0.22	1.19	3.25	9.58	11.07
Total Current Liabilities	15.94	23.01	16.74	31.16	31.6
Long-Term Debt	49.02	34.18	32.19	25.25	11.52
Long-Term Deferred Tax Liabilities	2.4	2.4	2.4	14.23	14.23
Other Long-Term Liabilities	40.56	39.5	38.71	100.62	98.86
Total Liabilities	107.92	99.09	90.04	171.26	156.21
Common Stock	95.79	81.2	66.22	64.09	60.12
Additional Paid-In Capital	9.56	7.57	7.39	5.44	4.75
Retained Earnings	-51.52	-30.07	-27.02	16.8	32.93
Comprehensive Income & Other	35.87	6.92	3.38	5.33	5.28
Shareholders' Equity	89.69	65.63	49.98	91.65	103.09
Total Liabilities & Equity	197.62	164.72	140.02	262.91	259.3
Total Debt	53.86	48.5	41.68	33.94	18.34
Net Cash (Debt)	-51.8	-45.3	-41.48	-32.5	-17.18
Net Cash Per Share	-0.07	-0.14	-0.15	-0.14	-0.05
Filing Date Shares Outstanding	590.17	493.22	271.55	231.03	187.26
Total Common Shares Outstanding	590.17	466.87	271.55	231.03	187.26
Working Capital	13.85	7.21	-11.72	3.41	-2.83
Book Value Per Share	0.15	0.14	0.18	0.40	0.55
Tangible Book Value	89.69	65.63	49.44	91.65	103.09
Tangible Book Value Per Share	0.15	0.14	0.18	0.40	0.55