Vector 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	1.8	23.3	77.4	89.9	20	17.4
Short-Term Investments	-	-	27.2	447.1	2.5	-
Accounts Receivable	151	167.9	167.4	176.7	168.7	165.7
Other Receivables	41.8	36.4	40.5	57.4	40.8	43
Inventory	-	11.5	26.4	21.1	24.2	12.4
Prepaid Expenses	-	8.7	10	9	12.3	8.7
Other Current Assets	9.6	10.6	32.9	24.5	64	60.4
Total Current Assets	204.2	258.4	381.8	825.7	332.5	307.6
Property, Plant & Equipment	4,957	4,849	4,726	4,441	4,909	4,662
Goodwill	-	953.1	1,031	1,101	1,124	1,164
Other Intangible Assets	1,049	98.8	101.4	107.1	138.2	128.2
Long-Term Investments	593.7	605.5	684.7	736.2	12.2	12.3
Long-Term Deferred Tax Assets	0.1	0.1	2.1	2.9	2.4	2.1
Other Long-Term Assets	141.3	157.2	199.4	313.9	294.3	243.3
Total Assets	6,945	6,922	7,126	7,528	6,812	6,520
Accounts Payable	170.6	169.4	182.5	226.5	159.7	174.7
Accrued Expenses	-	37	40.6	44.7	39.9	47
Current Portion of Long-Term Debt	199.9	-	249.5	240.6	371	232.3
Current Unearned Revenue	53.4	52.6	73.9	72.7	97.5	65
Current Portion of Leases	4.6	6	7.1	8.2	9.3	8.4
Current Income Taxes Payable	-	-	0.7	1.5	0.4	1.8
Other Current Liabilities	0.5	1.2	2.8	21.1	22.3	22.2
Total Current Liabilities	429	266.2	557.1	615.3	700.1	551.4
Long-Term Debt	1,917	2,049	1,789	2,028	2,858	2,838
Long-Term Leases	45.6	45.5	61	56.8	18.4	29
Long-Term Unearned Revenue	2.1	2.9	6.8	11	17.9	30.2
Long-Term Deferred Tax Liabilities	848.4	814.1	762.2	692.1	651.6	561.8
Other Long-Term Liabilities	96.9	143.6	172.8	166.2	135.7	173.4
Total Liabilities	3,339	3,321	3,349	3,570	4,382	4,184
Common Stock	880	880	880	880	880	880
Retained Earnings	2,737	2,754	2,868	3,012	1,465	1,474
Treasury Stock	-	-0.1	-0.1	-0.1	-0.1	-0.2
Comprehensive Income & Other	-11.2	-32.9	13.3	50.7	68.7	-34.1
Total Common Equity	3,606	3,601	3,762	3,943	2,414	2,320
Minority Interest	-	-	15.2	15.2	16.1	15.7
Shareholders' Equity	3,606	3,601	3,777	3,958	2,430	2,335
Total Liabilities & Equity	6,945	6,922	7,126	7,528	6,812	6,520
Total Debt	2,167	2,101	2,107	2,334	3,257	3,108
Net Cash (Debt)	-2,166	-2,077	-2,002	-1,797	-3,235	-3,091
Net Cash Per Share	-2.17	-2.08	-2.00	-1.80	-3.23	-3.09
Filing Date Shares Outstanding	1,000	999.97	999.97	999.97	999.97	999.92
Total Common Shares Outstanding	1,000	999.97	999.97	999.97	999.97	999.92
Working Capital	-224.8	-7.8	-175.3	210.4	-367.6	-243.8
Book Value Per Share	3.61	3.60	3.76	3.94	2.41	2.32
Tangible Book Value	2,557	2,549	2,629	2,735	1,152	1,027
Tangible Book Value Per Share	2.56	2.55	2.63	2.73	1.15	1.03
Land	-	261.6	252.6	238.4	234	231.3
Machinery	-	6,438	6,271	5,892	6,879	6,438
Construction In Progress	-	146.8	192.2	151.8	113.5	91.4

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