First Gen Balance Sheet

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

Millions USD. 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	978.21	676.8	974.57	816.19	724.66
Short-Term Investments	37.52	3.46	69.67	10.26	39.37
Trading Asset Securities	251	1.17	0.98	25.59	127.67
Accounts Receivable	133.68	505.16	467.82	489.09	379.03
Other Receivables	16.43	23.62	23.76	11.85	10.89
Inventory	241.05	299.39	248.78	194.13	206.94
Prepaid Expenses	35.41	34.75	41.63	25.22	22.07
Loans Receivable Current	0.98	0.78	0.82	0.78	0.87
Other Current Assets	23.95	40.55	44.54	20.34	26.68
Total Current Assets	1,718	1,586	1,873	1,593	1,538
Property, Plant & Equipment	2,876	3,507	3,035	2,637	2,720
Goodwill	812.25	834.61	871.51	867.15	946.94
Other Intangible Assets	318.13	330.94	16.8	19.69	25.64
Long-Term Investments	531.89	25.81	32.45	34.74	27.43
Long-Term Deferred Tax Assets	14.6	21.06	22.1	17.61	19.4
Long-Term Deferred Charges	-	0.91	2.67	-	2.04
Other Long-Term Assets	222.55	288.34	273.84	205.88	224.11
Total Assets	6,494	6,595	6,127	5,376	5,503
Accounts Payable	285.91	520.94	552.07	393.41	446.36
Accrued Expenses	26.19	63.3	51.46	20.22	24.47
Short-Term Debt	-	47	133.58	16	10
Current Portion of Long-Term Debt	239.63	261.18	319.88	346.15	423.16
Current Unearned Revenue	3.75	-	-	-	-
Current Portion of Leases	10.42	59.99	54.3	4.37	3.45
Current Income Taxes Payable	3.52	14.26	9.43	9.56	9.43
Other Current Liabilities	113.17	126.21	168.57	188.13	137.57
Total Current Liabilities	682.59	1,093	1,289	977.84	1,054
Long-Term Debt	1,751	1,660	1,136	1,245	1,297
Long-Term Leases	59.62	207.31	169.25	6.69	8.15
Pension & Post-Retirement Benefits	49.01	55.57	63.09	43.13	48.92
Long-Term Deferred Tax Liabilities	4.28	19.32	18.83	22.79	15.26
Other Long-Term Liabilities	90.82	111.02	148.75	120.84	106.42
Total Liabilities	2,637	3,146	2,826	2,416	2,530
Preferred Stock, Redeemable	90.49	85.67	85.67	85.67	85.67
Total Preferred Equity	-578.45	-535.07	-535.07	-535.02	-433.67
Common Stock	75.12	75.12	75.12	75.12	75.12
Additional Paid-In Capital	1,368	1,324	1,324	1,324	1,324
Retained Earnings	2,865	2,544	2,348	2,100	1,891
Treasury Stock	-26.17	-26.17	-26.17	-26.17	-26.17
Comprehensive Income & Other	-439.96	-619.17	-509.75	-524.33	-393.19
Total Common Equity	3,842	3,298	3,211	2,949	2,872
Minority Interest	593.34	686.25	624.95	545.64	535.19
Shareholders' Equity	3,857	3,449	3,301	2,960	2,973
Total Liabilities & Equity	6,494	6,595	6,127	5,376	5,503
Total Debt	2,060	2,235	1,813	1,618	1,742
Net Cash (Debt)	-793.57	-1,554	-768.13	-766.12	-850.06
Net Cash Per Share	-0.22	-0.43	-0.21	-0.21	-0.24
Filing Date Shares Outstanding	3,597	3,597	3,597	3,597	3,597
Total Common Shares Outstanding	3,597	3,597	3,597	3,597	3,597
Working Capital	1,036	492.82	583.28	615.62	483.73
Book Value Per Share	1.07	0.92	0.89	0.82	0.80
Tangible Book Value	2,711	2,132	2,323	2,062	1,899
Tangible Book Value Per Share	0.75	0.59	0.65	0.57	0.53
Land	20.03	63.75	64.35	62.53	64.27
Machinery	3,682	2,857	2,571	2,729	2,793
Construction In Progress	295.97	803.45	744.91	485.67	418.27

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