Infratil Balance Sheet

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

Millions NZD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	220.5	293.7	236.2	774.5	851	133.8
Accounts Receivable	420.4	425.2	472.6	148.9	107.5	315.4
Other Receivables	24.6	0.2	10.7	9.1	12.3	17.6
Inventory	47.3	42.6	46.2	2.3	2	1.9
Other Current Assets	11.9	106.7	146.3	71.1	130.1	2,330
Total Current Assets	1,183	1,009	1,080	1,176	1,298	2,798
Property, Plant & Equipment	4,216	6,177	5,894	3,721	3,560	3,354
Goodwill	4,672	4,682	4,677	1,846	1,807	752.7
Other Intangible Assets	778.6	811.9	844.9	128.7	121.3	74
Long-Term Investments	5,381	4,001	2,712	2,532	2,227	1,693
Long-Term Loans Receivable	285.4	245.7	271.4	429.6	469.4	514.5
Long-Term Accounts Receivable	124.7	120	77.5	16.3	8.6	13.5
Other Long-Term Assets	140.6	196.3	167.4	339.1	360.2	352.1
Total Assets	16,781	17,243	15,724	10,188	9,852	9,553
Accounts Payable	758	853	882.3	361.9	445.9	305.8
Accrued Expenses	-	9.1	8	-	-	-
Current Portion of Long-Term Debt	348.5	336.9	485.7	691.6	536.7	345.9
Current Portion of Leases	85.7	82.7	81.4	19	22.7	20.3
Current Income Taxes Payable	1	17.7	2.1	5.7	9.4	4.1
Other Current Liabilities	133.2	201.5	159.5	107.1	99.2	995.9
Total Current Liabilities	1,326	1,501	1,619	1,185	1,114	1,672
Long-Term Debt	5,711	5,543	5,223	2,492	2,891	3,062
Long-Term Leases	1,104	1,087	1,068	189.2	226.6	182.3
Long-Term Deferred Tax Liabilities	76.5	280.7	324.6	253.7	257.4	284.8
Other Long-Term Liabilities	280.4	616.6	300.8	257.4	221.8	262.3
Total Liabilities	8,498	9,028	8,535	4,378	4,711	5,463
Common Stock	3,521	3,409	2,044	1,057	1,057	1,049
Retained Earnings	3,114	2,321	2,787	2,535	2,027	735.5
Comprehensive Income & Other	737.4	931.4	810.1	616.2	629.4	859.5
Total Common Equity	7,373	6,661	5,641	4,208	3,714	2,644
Minority Interest	910.4	1,554	1,548	1,603	1,427	1,445
Shareholders' Equity	8,283	8,215	7,189	5,811	5,141	4,089
Total Liabilities & Equity	16,781	17,243	15,724	10,188	9,852	9,553
Total Debt	7,249	7,049	6,858	3,392	3,677	3,611
Net Cash (Debt)	-7,028	-6,756	-6,622	-2,617	-2,826	-3,477
Net Cash Per Share	-6.98	-7.22	-8.19	-3.62	-3.91	-4.90
Filing Date Shares Outstanding	979.59	968.09	832.57	723.98	723.98	722.95
Total Common Shares Outstanding	979.59	968.09	832.57	723.98	723.98	722.95
Working Capital	-143.8	-492.4	-539.1	-9.6	183.8	1,126
Book Value Per Share	7.53	6.88	6.78	5.81	5.13	3.66
Tangible Book Value	1,922	1,167	118.8	2,233	1,785	1,817
Tangible Book Value Per Share	1.96	1.21	0.14	3.08	2.47	2.51
Land	-	921.6	914.8	858.7	724.8	684.3
Buildings	-	694.2	660.1	603.9	649	589.9
Machinery	-	3,623	3,132	1,980	2,049	1,979
Construction In Progress	-	399.5	404.7	175.4	103.4	111.7

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