Emera 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	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	396	349	196	567	310	394
Accounts Receivable	1,447	1,650	1,164	1,153	1,503	1,064
Other Receivables	100	103	43	10	9	8
Inventory	823	821	781	790	769	538
Prepaid Expenses	135	105	105	105	82	65
Restricted Cash	132	209	215	122	22	23
Other Current Assets	1,148	1,152	1,184	961	2,201	1,044
Total Current Assets	4,181	4,389	3,688	3,708	4,896	3,136
Property, Plant & Equipment	28,949	27,456	26,220	24,430	23,054	20,411
Regulatory Assets	2,873	2,789	2,832	2,766	3,018	2,313
Goodwill	5,785	5,580	5,858	5,871	6,012	5,696
Long-Term Investments	632	634	654	1,402	1,418	1,382
Long-Term Deferred Tax Assets	392	421	392	208	237	295
Long-Term Accounts Receivable	563	572	610	621	604	503
Other Long-Term Assets	3,181	2,976	2,697	474	503	508
Total Assets	46,556	44,817	42,951	39,480	39,742	34,244
Accounts Payable	1,690	1,948	1,992	1,454	2,025	1,485
Accrued Expenses	-	404	332	313	318	265
Short-Term Debt	2,530	1,807	1,400	1,433	2,726	1,742
Current Portion of Long-Term Debt	44	1,201	234	676	574	462
Current Portion of Leases	-	4	3	3	3	3
Current Income Taxes Payable	-	3	4	2	9	6
Other Current Liabilities	1,459	1,260	1,150	663	1,632	915
Total Current Liabilities	5,723	6,627	5,115	4,544	7,287	4,878
Long-Term Debt	19,543	18,453	18,173	17,689	15,744	14,196
Long-Term Leases	-	119	75	55	59	58
Pension & Post-Retirement Benefits	266	268	274	265	281	370
Long-Term Deferred Tax Liabilities	2,656	2,516	2,331	2,352	2,196	1,868
Other Long-Term Liabilities	3,994	3,438	3,692	2,487	2,734	2,724
Total Liabilities	32,182	31,421	29,660	27,392	28,301	24,094
Preferred Stock, Redeemable	1,422	1,422	1,422	1,422	1,422	1,422
Common Stock	9,750	9,387	9,042	8,462	7,762	7,242
Additional Paid-In Capital	87	86	84	82	81	79
Retained Earnings	1,835	1,614	1,468	1,803	1,584	1,348
Comprehensive Income & Other	1,280	873	1,261	305	578	25
Total Common Equity	12,952	11,960	11,855	10,652	10,005	8,694
Minority Interest	-	14	14	14	14	34
Shareholders' Equity	14,374	13,396	13,291	12,088	11,441	10,150
Total Liabilities & Equity	46,556	44,817	42,951	39,480	39,742	34,244
Total Debt	22,117	21,584	19,885	19,856	19,106	16,461
Net Cash (Debt)	-21,721	-21,235	-19,689	-19,289	-18,796	-16,067
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-71.56	-70.85	-68.08	-70.45	-70.69	-62.37
Filing Date Shares Outstanding	307.2	303	297.7	285.8	271.4	261.2
Total Common Shares Outstanding	307.15	301.75	295.94	284.12	269.95	261.07
Working Capital	-1,542	-2,238	-1,427	-836	-2,391	-1,742
Book Value Per Share	42.17	39.63	40.06	37.49	37.06	33.30
Tangible Book Value	7,167	6,380	5,997	4,781	3,993	2,998
Tangible Book Value Per Share	23.33	21.14	20.26	16.83	14.79	11.48
Machinery	-	35,869	33,651	32,273	30,576	26,868
Construction In Progress	-	2,384	2,959	2,097	1,994	2,224