Channel Infrastructure NZ Balance Sheet

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

Millions NZD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.54	1.28	4.87	2.39	16.07	43.29
Cash & Short-Term Investments	2.54	1.28	4.87	2.39	16.07	43.29
Cash Growth	87.86%	-73.66%	104.11%	-85.15%	-62.88%	723.77%
Accounts Receivable	14.47	13.43	17.79	19.01	20.6	18.69
Other Receivables	0.08	2.52	8.18	4.04	5.71	6.16
Receivables	14.54	15.96	25.97	23.05	26.31	24.85
Inventory	5.18	5.44	5.51	5.06	2.02	4.43
Other Current Assets	4.49	5.33	0.45	0.03	119.49	145.49
Total Current Assets	26.74	28.01	36.81	30.52	163.88	218.06
Property, Plant & Equipment	1,294	1,295	906.69	876.64	869.79	885.22
Long-Term Investments	-	4.22	8.79	12.75	4.88	-
Other Intangible Assets	1.56	1.59	1.79	5.91	27.06	9.97
Long-Term Deferred Tax Assets	-	-	-	-	82.06	34.86
Other Long-Term Assets	12.78	19.26	19.38	21.11	9.92	19.8
Total Assets	1,335	1,348	973.46	946.93	1,158	1,168
Accounts Payable	18.86	9.83	11.82	16.61	22.74	22.56
Accrued Expenses	2.2	4.17	3.92	3.6	124.51	143.6
Current Portion of Long-Term Debt	-	-	55.78	-	-	-
Current Portion of Leases	0.11	0.12	0.08	0.06	0.81	0.2
Current Unearned Revenue	-	8.2	7.26	-	17.85	3.49
Other Current Liabilities	9.1	10.29	19.13	35.63	87.48	5.1
Total Current Liabilities	30.28	32.61	97.98	55.9	253.38	174.95
Long-Term Debt	301.2	299.74	264.84	259.58	199.7	274.61
Long-Term Leases	0.77	0.81	0.56	0.56	1.6	3.94
Pension & Post-Retirement Benefits	3.12	3.12	3.22	5.88	7.95	44.82
Long-Term Deferred Tax Liabilities	127.86	123.61	40.14	36.02	101.11	96.87
Other Long-Term Liabilities	69.91	70	67.5	70.5	98.35	8.78
Total Liabilities	533.12	529.88	474.24	428.44	662.09	603.97
Common Stock	366.42	366.42	318.12	314.5	313.97	266.06
Retained Earnings	-293.19	-277.76	-248.02	-231.69	-245.38	292.69
Treasury Stock	-0.26	-0.34	-1.32	-1.46	-1.17	-0.9
Comprehensive Income & Other	728.73	729.94	430.43	437.14	428.07	6.08
Total Common Equity	801.7	818.26	499.21	518.49	495.49	563.93
Shareholders' Equity	801.7	818.26	499.21	518.49	495.49	563.93
Total Liabilities & Equity	1,335	1,348	973.46	946.93	1,158	1,168
Total Debt	302.08	300.67	321.26	260.2	202.1	278.75
Net Cash (Debt)	-299.54	-299.39	-316.39	-257.82	-186.03	-235.46
Net Cash Per Share	-0.75	-0.79	-0.84	-0.69	-0.59	-0.75
Filing Date Shares Outstanding	409.81	409.73	378.32	371.69	371.05	312.37
Total Common Shares Outstanding	409.81	409.73	378.32	371.69	371.05	312.37
Working Capital	-3.53	-4.59	-61.18	-25.38	-89.51	43.11
Book Value Per Share	1.96	2.00	1.32	1.39	1.34	1.81
Tangible Book Value	800.14	816.67	497.43	512.58	468.43	553.96
Tangible Book Value Per Share	1.95	1.99	1.31	1.38	1.26	1.77
Land	-	-	15.62	-	15.62	78.01
Buildings	-	-	-	-	-	208.62
Machinery	-	-	28.8	-	33.7	3,189
Construction In Progress	-	-	51.51	-	24.28	59.42

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