Air Canada Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	4,517	2,795	2,518	2,817	2,693	4,415
Short-Term Investments	2,494	2,730	4,464	5,734	5,295	4,554
Cash & Short-Term Investments	7,011	5,525	6,982	8,551	7,988	8,969
Cash Growth	10.25%	-20.87%	-18.35%	7.05%	-10.94%	19.57%
Accounts Receivable	1,416	1,292	1,089	1,121	1,037	691
Inventory	593	490	391	337	318	224
Other Current Assets	578	609	600	251	322	169
Total Current Assets	9,598	7,916	9,062	10,260	9,665	10,053
Net Property, Plant & Equipment	15,272	14,515	13,049	11,907	11,950	11,740
Other Intangible Assets	1,261	1,265	1,170	1,084	1,054	1,080
Goodwill	3,273	3,273	3,273	3,273	3,273	3,273
Long-Term Investments	870	959	1,080	1,009	1,073	858
Other Long-Term Assets	3,451	3,287	3,574	2,638	2,492	3,610
Total Assets	33,725	31,215	31,208	30,171	29,507	30,614
Accounts Payable	4,719	4,513	3,718	3,319	2,691	2,603
Current Portion of Long-Term Debt	3,377	2,967	1,755	866	1,263	1,012
Unearned Revenue	7,867	6,654	5,975	5,814	5,399	3,309
Total Current Liabilities	15,963	14,134	11,448	9,999	9,353	6,924
Long-Term Debt	9,417	8,609	10,915	12,996	15,043	15,511
Other Long-Term Liabilities	5,669	5,881	6,457	6,380	6,666	8,170
Total Long-Term Liabilities	15,086	14,490	17,372	19,376	21,709	23,681
Total Liabilities	31,049	28,624	28,820	29,375	31,062	30,605
Common Stock	2,164	2,275	2,612	2,744	2,743	2,735
Additional Paid-in Capital	173	166	149	133	118	104
Accumulated Other Comprehensive Income	-77	-52	-48	-57	-46	-45
Retained Earnings	416	202	-325	-2,024	-4,370	-2,785
Shareholders' Equity	2,676	2,591	2,388	796	-1,555	9
Total Liabilities & Equity	33,725	31,215	31,208	30,171	29,507	30,614
Total Debt	12,794	11,576	12,670	13,862	16,306	16,523
Net Cash (Debt)	-5,783	-6,051	-5,688	-5,311	-8,318	-7,554
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-19.58	-18.91	-15.13	-14.13	-23.23	-21.52
Book Value	2,676	2,591	2,388	796	-1,555	9
Book Value Per Share	9.06	8.10	6.35	2.12	-4.34	0.03
Tangible Book Value	-1,858	-1,947	-2,055	-3,561	-5,882	-4,344
Tangible Book Value Per Share	-6.29	-6.08	-5.47	-9.47	-16.43	-12.38