AKITA Drilling 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	8.87	7.03	11.19	13.31	1.77
Cash & Short-Term Investments	8.87	7.03	11.19	13.31	1.77
Cash Growth	26.07%	-37.14%	-15.96%	650.76%	-75.06%
Accounts Receivable	29.47	52.74	47.1	46.87	27.23
Receivables	29.47	52.74	47.1	46.87	27.23
Prepaid Expenses	1.83	0.23	0.81	1.6	1.22
Total Current Assets	40.17	60	59.1	61.78	30.22
Property, Plant & Equipment	202.87	199.87	198	202.07	213.3
Long-Term Investments	7.73	7.62	5.12	2.89	2.38
Other Long-Term Assets	1.21	1.27	1.42	1.55	1.68
Total Assets	251.97	268.76	263.64	268.28	247.57
Accounts Payable	7.01	15.7	16.82	12.24	6.99
Accrued Expenses	12.01	19.8	13.88	17.22	13.76
Current Portion of Long-Term Debt	-	-	-	-	1.72
Current Portion of Leases	0.68	0.63	0.65	0.99	0.97
Current Unearned Revenue	0.03	0.32	0.63	0.21	0.28
Total Current Liabilities	19.72	36.45	31.97	30.66	23.72
Long-Term Debt	34.72	49.58	69.54	93.51	84.44
Long-Term Leases	0.93	1.44	0.23	0.8	1.34
Pension & Post-Retirement Benefits	3.87	4	4.09	3.96	5.19
Long-Term Deferred Tax Liabilities	6.68	3.62	0.72	0.64	1.14
Other Long-Term Liabilities	2.9	2.16	1.13	0.85	0.26
Total Liabilities	68.81	97.26	107.68	130.43	116.09
Common Stock	144.87	146.37	146.35	146.31	146.26
Additional Paid-In Capital	7.19	6.56	6.06	5.69	5.45
Retained Earnings	29.29	15.37	2.51	-15.91	-20.2
Comprehensive Income & Other	1.82	3.21	1.04	1.76	-0.04
Shareholders' Equity	183.16	171.51	155.96	137.85	131.49
Total Liabilities & Equity	251.97	268.76	263.64	268.28	247.57
Total Debt	36.33	51.65	70.42	95.31	88.47
Net Cash (Debt)	-27.47	-44.62	-59.23	-82	-86.7
Net Cash Per Share	-0.68	-1.11	-1.48	-2.05	-2.19
Filing Date Shares Outstanding	38.54	39.73	39.73	39.65	39.61
Total Common Shares Outstanding	39	39.73	39.71	39.65	39.61
Working Capital	20.44	23.55	27.13	31.12	6.5
Book Value Per Share	4.70	4.32	3.93	3.48	3.32
Tangible Book Value	183.16	171.51	155.96	137.85	131.49
Tangible Book Value Per Share	4.70	4.32	3.93	3.48	3.32
Land	7.19	7.19	7.14	7.14	7.14
Machinery	634.34	615.99	594.08	590.35	572.61

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