CES Energy Solutions 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	Mar '26 Mar 31, 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
Accounts Receivable	552.86	528.81	454.1	441.84	479.36	308.84
Other Receivables	0.1	0.26	0.01	0.07	0.94	0.82
Total Trade Receivables	552.96	529.07	454.11	441.9	480.3	309.66
Inventory	429.14	414.94	447.05	408.6	428.14	273.5
Other Current Assets	79.49	55.78	50.99	30.27	25.24	36.04
Total Current Assets	1,062	999.79	952.15	880.77	933.68	619.2
Net Property, Plant & Equipment	498.64	487.41	468.09	382.12	345.63	307.23
Other Intangible Assets	43.47	41.35	30.5	25.99	30.55	33.15
Goodwill	66.43	65.32	60.79	53.41	54.69	50.53
Other Long-Term Assets	23.97	23.99	27.81	34.98	46.45	77.49
Total Assets	1,694	1,618	1,539	1,377	1,411	1,088
Accounts Payable	317.48	288.48	248.14	234.35	234.3	153.28
Current Portion of Long-Term Debt	-	-	-	20.8	-	-
Current Portion of Leases	38.83	39.44	34.59	27.98	23.23	16.32
Other Current Liabilities	30.32	21.35	28.31	15.08	9.81	6.17
Total Current Liabilities	386.63	349.27	311.05	298.21	267.34	175.76
Long-Term Debt	375.58	382.3	344.89	369.82	491.48	395.18
Long-Term Leases	55.5	59.8	57.3	45.12	36.41	25.71
Other Long-Term Liabilities	32.83	24.97	11.86	6.12	6.71	4.27
Total Long-Term Liabilities	463.91	467.07	414.06	421.06	534.61	425.16
Total Liabilities	850.54	816.33	725.1	719.27	801.95	600.92
Common Stock	361.34	372	502.05	593.01	658.82	658.61
Additional Paid-in Capital	32.77	36.68	37.25	37.46	34.87	33.82
Accumulated Other Comprehensive Income	220.49	202.54	252.34	168.3	187.44	144.18
Retained Earnings	228.96	190.3	22.6	-140.77	-272.08	-349.94
Shareholders' Equity	843.56	801.52	814.23	658	609.05	486.68
Total Liabilities & Equity	1,694	1,618	1,539	1,377	1,411	1,088
Total Debt	469.91	481.54	436.78	463.72	551.13	437.21
Net Cash (Debt)	-469.91	-481.54	-436.78	-463.72	-551.13	-437.21
Net Cash Per Share	-2.15	-2.17	-1.85	-1.82	-2.11	-1.66
Book Value	843.56	801.52	814.23	658	609.05	486.68
Book Value Per Share	3.87	3.61	3.44	2.58	2.33	1.85
Tangible Book Value	733.66	694.85	722.94	578.59	523.81	403
Tangible Book Value Per Share	3.36	3.13	3.06	2.27	2.00	1.53