Chorus Aviation Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Assets

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	26.77	28.66	222.22	85.99	100.03	123.57
Short-Term Investments	-	3.68	4.46	2.84	3.33	0.86
Cash & Short-Term Investments	26.77	32.34	226.67	88.83	103.36	124.44
Cash Growth	-52.27%	-85.73%	155.19%	-14.06%	-16.94%	-27.62%
Accounts Receivable	93.86	109.6	128.4	216.16	189.79	140.12
Other Receivables	6.46	13.35	13.71	15.18	14.02	3.37
Receivables	100.32	122.96	142.11	231.35	203.8	143.49
Inventory	169.41	168.29	155.17	208.17	116.26	78.79
Prepaid Expenses	26.67	11.96	13.32	12.04	12.44	7.98
Restricted Cash	-	-	-	90.43	67.88	54.87
Other Current Assets	-	1.21	3.22	-	-	-
Total Current Assets	323.18	336.75	540.49	630.81	503.75	409.57
Property, Plant & Equipment	845.07	920.11	1,011	2,967	3,282	2,589
Long-Term Investments	-	-	-	26.79	32.07	-
Goodwill	27.14	10.37	7.15	8.97	9.01	7.15
Other Intangible Assets	22.13	1.68	1.68	14.6	18.88	1.68
Long-Term Accounts Receivable	4.96	19.5	15.56	68.9	61.07	24.5
Long-Term Deferred Tax Assets	-	-	-	18.29	22.24	6.66
Long-Term Deferred Charges	-	2.2	3.5	4.68	4.55	5.57
Other Long-Term Assets	41.01	19.83	27.5	111.28	122.32	136.29
Total Assets	1,263	1,310	1,607	3,851	4,056	3,181

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
Accounts Payable	204.93	170.4	254.17	298.06	306.94	182.07
Accrued Expenses	6.18	20.24	21.89	29.58	18.15	20.81
Current Portion of Long-Term Debt	115	64.34	231.53	430.08	340.31	226.51
Current Portion of Leases	3.11	2.55	2.22	3.31	5.04	3.8
Current Income Taxes Payable	0.71	-	2.53	10.92	29.34	2.65
Current Unearned Revenue	-	-	58.87	-	-	-
Other Current Liabilities	3.13	1.28	-	32.83	32.91	15.83
Total Current Liabilities	333.06	258.82	571.2	804.77	732.69	451.68
Long-Term Debt	177.53	296.15	276.3	1,315	1,679	1,681
Long-Term Leases	12.22	11.12	6.33	7.27	6.27	6.34
Pension & Post-Retirement Benefits	-	39.85	40.6	27.67	22.28	24.74
Long-Term Deferred Tax Liabilities	191.35	187.62	194.72	212.92	187.68	196
Other Long-Term Liabilities	43.31	9.05	6.01	202.85	159.9	130.16
Total Liabilities	757.46	802.61	1,095	2,570	2,787	2,490

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
Common Stock	327.31	344.04	394.77	781.7	788.7	356.61
Additional Paid-In Capital	887.01	897.9	925.57	1,034	1,038	1,040
Retained Earnings	-735.22	-761	-837	-649.38	-702.41	-707.91
Comprehensive Income & Other	26.93	26.9	28.6	27.37	55.49	1.93
Total Common Equity	506.02	507.84	511.95	1,194	1,180	690.47
Minority Interest	-	-	-	86.59	88.85	-
Shareholders' Equity	506.02	507.84	511.95	1,280	1,268	690.47
Total Liabilities & Equity	1,263	1,310	1,607	3,851	4,056	3,181

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
Total Debt	307.86	374.16	516.38	1,756	2,030	1,918
Net Cash (Debt)	-281.09	-341.82	-289.71	-1,667	-1,927	-1,793
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-11.44	-13.05	-10.57	-57.98	-67.77	-71.28
Filing Date Shares Outstanding	22.57	23.42	26.94	27.63	28.62	25.38
Total Common Shares Outstanding	22.57	23.42	27.18	27.63	28.76	25.38
Working Capital	-9.88	77.93	-30.71	-173.96	-228.94	-42.1
Book Value Per Share	22.42	21.69	18.84	43.21	41.01	27.21
Tangible Book Value	456.75	495.79	503.12	1,170	1,152	681.64
Tangible Book Value Per Share	20.24	21.17	18.51	42.35	40.04	26.86
Machinery	-	1,658	1,694	4,111	4,233	3,476
Leasehold Improvements	-	12.08	16.37	14.38	14.41	20.03