Capital Power Income Statement

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
Revenue	3,615	3,677	4,068	2,712	1,757
Revenue Growth (YoY)	-1.69%	-9.61%	50.00%	54.35%	-1.90%
Fuel and Purchased Power Expense	2,101	1,787	2,166	1,578	667
Operations and Maintenance Expenses	653	664	491	481	441
Gross Profit	861	1,226	1,411	653	649
Depreciation & Amortization Expenses	580	503	574	553	539
Other Operating Expenses	21	-2	-6	-15	49
Operating Income	407	766	1,045	302	276
Interest Income	77	76	65	32	9
Interest Expense	-307	-221	-166	-156	-174
Other Non-Operating Income (Expense)	-10	278	-3	-37	36
Total Non-Operating Income (Expense)	-240	133	-104	-161	-129
Pretax Income	167	899	941	141	147
Provision for Income Taxes	-8	-198	-204	-13	-60
Net Income	160	699	744	138	98
Minority Interest in Earnings	-1	2	-7	-10	-11
Net Income to Common	160	699	744	138	98
Net Income Growth	-77.11%	-6.05%	439.13%	40.82%	-27.94%
Shares Outstanding (Basic)	150	129	117	117	112
Shares Outstanding (Diluted)	151	129	117	117	113
Shares Change (YoY)	16.71%	10.02%	0.20%	3.91%	6.57%
EPS (Basic)	0.88	5.16	6.07	0.85	0.39
EPS (Diluted)	0.88	5.15	6.04	0.84	0.39
EPS Growth	-82.91%	-14.74%	619.05%	115.39%	-49.35%
Shares Outstanding	155.96	138.98	117.68	116.89	116.19
Free Cash Flow	98	74	99	253	245
Free Cash Flow Growth	32.43%	-25.25%	-60.87%	3.26%	-16.38%
Free Cash Flow Per Share	0.65	0.57	0.84	2.16	2.17
Dividends Per Share	2.686	2.534	2.390	2.255	2.120
Dividend Growth	6.00%	6.02%	5.99%	6.37%	6.80%
Gross Margin	23.82%	33.34%	34.69%	24.08%	36.94%
Operating Margin	11.26%	20.83%	25.69%	11.14%	15.71%
Profit Margin	4.40%	19.06%	18.12%	4.72%	4.95%
FCF Margin	2.71%	2.01%	2.43%	9.33%	13.94%
EBITDA	987	1,269	1,619	855	815
EBITDA Margin	27.30%	34.51%	39.80%	31.53%	46.39%
EBIT	407	766	1,045	302	276
EBIT Margin	11.26%	20.83%	25.69%	11.14%	15.71%
Effective Tax Rate	-4.79%	-22.02%	-21.68%	-9.22%	-40.82%

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