Channel Infrastructure NZ Balance Sheet

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

Millions NZD. 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	2.9	1.28	4.87	2.39	16.07
Cash & Short-Term Investments	2.9	1.28	4.87	2.39	16.07
Cash Growth	126.19%	-73.66%	104.11%	-85.15%	-62.88%
Accounts Receivable	14.32	13.43	17.79	19.01	20.6
Other Receivables	6.97	2.52	8.18	4.04	5.71
Receivables	21.29	15.96	25.97	23.05	26.31
Inventory	5.05	5.44	5.51	5.06	2.02
Other Current Assets	0.39	5.33	0.45	0.03	119.49
Total Current Assets	29.63	28.01	36.81	30.52	163.88
Property, Plant & Equipment	1,298	1,295	906.69	876.64	869.79
Long-Term Investments	1.12	4.22	8.79	12.75	4.88
Goodwill	6.6	-	-	-	-
Other Intangible Assets	6.04	1.59	1.79	5.91	27.06
Long-Term Deferred Tax Assets	-	-	-	-	82.06
Other Long-Term Assets	10.01	19.26	19.38	21.11	9.92
Total Assets	1,352	1,348	973.46	946.93	1,158
Accounts Payable	8.77	9.83	11.82	16.61	22.74
Accrued Expenses	4.57	4.17	3.92	3.6	124.51
Current Portion of Long-Term Debt	-	-	55.78	-	-
Current Portion of Leases	0.13	0.12	0.08	0.06	0.81
Current Unearned Revenue	8.24	8.2	7.26	-	17.85
Other Current Liabilities	7.03	10.29	19.13	35.63	87.48
Total Current Liabilities	28.74	32.61	97.98	55.9	253.38
Long-Term Debt	334.72	299.74	264.84	259.58	199.7
Long-Term Leases	0.7	0.81	0.56	0.56	1.6
Pension & Post-Retirement Benefits	2.98	3.12	3.22	5.88	7.95
Long-Term Deferred Tax Liabilities	132.2	123.61	40.14	36.02	101.11
Other Long-Term Liabilities	72.61	70	67.5	70.5	98.35
Total Liabilities	571.95	529.88	474.24	428.44	662.09
Common Stock	371.47	366.42	318.12	314.5	313.97
Retained Earnings	-319.59	-277.76	-248.02	-231.69	-245.38
Treasury Stock	-0.26	-0.34	-1.32	-1.46	-1.17
Comprehensive Income & Other	728	729.94	430.43	437.14	428.07
Total Common Equity	779.61	818.26	499.21	518.49	495.49
Shareholders' Equity	779.61	818.26	499.21	518.49	495.49
Total Liabilities & Equity	1,352	1,348	973.46	946.93	1,158
Total Debt	335.56	300.67	321.26	260.2	202.1
Net Cash (Debt)	-332.66	-299.39	-316.39	-257.82	-186.03
Net Cash Per Share	-0.81	-0.79	-0.84	-0.69	-0.59
Filing Date Shares Outstanding	412	409.73	378.32	371.69	371.05
Total Common Shares Outstanding	412	409.73	378.32	371.69	371.05
Working Capital	0.89	-4.59	-61.18	-25.38	-89.51
Book Value Per Share	1.89	2.00	1.32	1.39	1.34
Tangible Book Value	766.97	816.67	497.43	512.58	468.43
Tangible Book Value Per Share	1.86	1.99	1.31	1.38	1.26
Land	121.85	-	15.62	-	15.62
Machinery	19.3	-	28.8	-	33.7
Construction In Progress	50.54	-	51.51	-	24.28

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