Keyera Balance Sheet

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

Millions CAD. 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	2,332	118.44	20.09	-	15.94
Cash & Short-Term Investments	2,332	118.44	20.09	-	15.94
Cash Growth	1868.51%	489.61%	-	-	449.47%
Receivables	652.4	640.11	688.24	708.78	750.42
Inventory	206.49	270.23	225.79	300.88	280.74
Other Current Assets	2,114	103.4	133.9	98.47	52.03
Total Current Assets	5,305	1,132	1,068	1,108	1,099
Property, Plant & Equipment	7,573	7,440	7,494	7,231	6,809
Goodwill	32.02	32.02	32.02	32.02	40.81
Other Intangible Assets	36.2	46.52	50.44	59.69	63.29
Long-Term Deferred Tax Assets	74.5	80.35	80.31	32.24	30.19
Other Long-Term Assets	32.86	24.6	55.03	105.23	87.84
Total Assets	13,053	8,756	8,780	8,568	8,130
Accounts Payable	631.2	582.97	481.37	717.26	650.39
Accrued Expenses	-	39.88	20.74	34.34	7.7
Short-Term Debt	-	-	-	1.8	-
Current Portion of Long-Term Debt	230	321.66	186.02	30	60
Current Portion of Leases	39.37	48.66	40.82	28.23	31.55
Current Income Taxes Payable	-	105.06	0.64	27.66	30.42
Other Current Liabilities	2,116	94.87	65.63	160.7	132.9
Total Current Liabilities	3,016	1,193	795.22	1,000	912.96
Long-Term Debt	5,917	3,379	3,897	3,663	3,454
Long-Term Leases	109.84	150.71	162.69	181.17	151.75
Long-Term Deferred Tax Liabilities	986.89	935.24	898.3	726.52	683.4
Other Long-Term Liabilities	258.2	265.91	247.34	179.04	270.09
Total Liabilities	10,288	5,924	6,001	5,749	5,473
Common Stock	3,378	3,373	3,373	3,373	3,150
Retained Earnings	-636.57	-582.96	-602.12	-577.01	-479.64
Comprehensive Income & Other	23.12	41.8	9.03	22.98	-12.84
Shareholders' Equity	2,765	2,831	2,779	2,819	2,658
Total Liabilities & Equity	13,053	8,756	8,780	8,568	8,130
Total Debt	6,296	3,901	4,287	3,904	3,698
Net Cash (Debt)	-3,965	-3,782	-4,266	-3,904	-3,682
Net Cash Per Share	-17.33	-16.50	-18.62	-17.64	-16.66
Filing Date Shares Outstanding	227.46	229.15	229.15	229.15	221.02
Total Common Shares Outstanding	227.46	229.15	229.15	229.15	221.02
Working Capital	2,288	-60.93	272.79	108.13	186.17
Book Value Per Share	12.15	12.36	12.13	12.30	12.02
Tangible Book Value	2,696	2,753	2,697	2,727	2,554
Tangible Book Value Per Share	11.85	12.01	11.77	11.90	11.55
Land	-	188.31	188.94	173.62	186.24
Machinery	-	10,097	9,989	9,348	8,703

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.