CES Energy Solutions 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
Accounts Receivable	528.81	454.1	441.84	479.36	308.84
Other Receivables	0.26	0.01	0.07	0.94	0.82
Total Trade Receivables	529.07	454.11	441.9	480.3	309.66
Inventory	414.94	447.05	408.6	428.14	273.5
Other Current Assets	55.78	50.99	30.27	25.24	36.04
Total Current Assets	999.79	952.15	880.77	933.68	619.2
Net Property, Plant & Equipment	487.41	468.09	382.12	345.63	307.23
Other Intangible Assets	41.35	30.5	25.99	30.55	33.15
Goodwill	65.32	60.79	53.41	54.69	50.53
Other Long-Term Assets	23.99	27.81	34.98	46.45	77.49
Total Assets	1,618	1,539	1,377	1,411	1,088
Accounts Payable	288.48	248.14	234.35	234.3	153.28
Current Portion of Long-Term Debt	-	-	20.8	-	-
Current Portion of Leases	39.44	34.59	27.98	23.23	16.32
Other Current Liabilities	21.35	28.31	15.08	9.81	6.17
Total Current Liabilities	349.27	311.05	298.21	267.34	175.76
Long-Term Debt	382.3	344.89	369.82	491.48	395.18
Long-Term Leases	59.8	57.3	45.12	36.41	25.71
Other Long-Term Liabilities	24.97	11.86	6.12	6.71	4.27
Total Long-Term Liabilities	467.07	414.06	421.06	534.61	425.16
Total Liabilities	816.33	725.1	719.27	801.95	600.92
Common Stock	372	502.05	593.01	658.82	658.61
Additional Paid-in Capital	36.68	37.25	37.46	34.87	33.82
Accumulated Other Comprehensive Income	202.54	252.34	168.3	187.44	144.18
Retained Earnings	190.3	22.6	-140.77	-272.08	-349.94
Shareholders' Equity	801.52	814.23	658	609.05	486.68
Total Liabilities & Equity	1,618	1,539	1,377	1,411	1,088
Total Debt	481.54	436.78	463.72	551.13	437.21
Net Cash (Debt)	-481.54	-436.78	-463.72	-551.13	-437.21
Net Cash Per Share	-2.17	-1.85	-1.82	-2.11	-1.66
Book Value	801.52	814.23	658	609.05	486.68
Book Value Per Share	3.61	3.44	2.58	2.33	1.85
Tangible Book Value	694.85	722.94	578.59	523.81	403
Tangible Book Value Per Share	3.13	3.06	2.27	2.00	1.53

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.