Meridian Energy Balance Sheet

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	183	123	221	212	363	148
Accounts Receivable	295	406	536	347	415	516
Other Receivables	-	14	-	-	-	-
Other Current Assets	203	137	294	133	263	253
Total Current Assets	681	680	1,051	692	1,041	917
Property, Plant & Equipment	13,912	14,032	12,192	8,989	7,830	8,598
Goodwill	-	-	-	-	-	5
Other Intangible Assets	90	47	62	73	85	79
Long-Term Investments	55	-	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	35
Other Long-Term Assets	395	215	238	186	413	222
Total Assets	15,133	14,974	13,543	9,940	9,369	9,856
Accrued Expenses	-	-	-	20	18	25
Current Portion of Long-Term Debt	107	366	234	214	159	378
Current Unearned Revenue	-	-	-	14	13	23
Current Portion of Leases	-	3	3	3	4	7
Current Income Taxes Payable	68	-	85	46	32	37
Other Current Liabilities	464	666	682	368	496	640
Total Current Liabilities	639	1,035	1,004	665	722	1,110
Long-Term Debt	1,731	1,175	1,113	1,022	1,004	1,298
Long-Term Leases	28	25	27	24	37	90
Long-Term Deferred Tax Liabilities	3,232	3,268	2,949	2,103	1,932	1,940
Other Long-Term Liabilities	613	551	204	139	151	194
Total Liabilities	6,243	6,054	5,297	3,953	3,846	4,632
Common Stock	2,016	1,897	1,738	1,708	1,678	1,600
Retained Earnings	-2,786	-2,621	-1,631	-1,600	-1,242	-1,548
Treasury Stock	-	-13	-9	-8	-7	-5
Comprehensive Income & Other	9,660	9,657	8,148	5,887	5,094	5,177
Shareholders' Equity	8,890	8,920	8,246	5,987	5,523	5,224
Total Liabilities & Equity	15,133	14,974	13,543	9,940	9,369	9,856
Total Debt	1,866	1,569	1,377	1,263	1,204	1,773
Net Cash (Debt)	-1,683	-1,446	-1,156	-1,051	-841	-1,625
Net Cash Per Share	-0.64	-0.56	-0.45	-0.41	-0.33	-0.63
Filing Date Shares Outstanding	2,629	2,615	2,589	2,583	2,578	2,562
Total Common Shares Outstanding	2,629	2,615	2,589	2,583	2,578	2,562
Working Capital	42	-355	47	27	319	-193
Book Value Per Share	3.38	3.41	3.19	2.32	2.14	2.04
Tangible Book Value	8,800	8,873	8,184	5,914	5,438	5,140
Tangible Book Value Per Share	3.35	3.39	3.16	2.29	2.11	2.01
Land	-	75	60	55	56	21
Machinery	-	333	120	139	148	143
Construction In Progress	-	297	461	544	232	162

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