Enbridge 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
Cash & Equivalents	1,635	1,094	1,803	5,901	861	286
Trading Asset Securities	71	106	67	65	660	64
Cash & Short-Term Investments	1,706	1,200	1,870	5,966	1,521	350
Cash Growth	-18.72%	-35.83%	-68.66%	292.24%	334.57%	-22.57%
Accounts Receivable	10,547	7,167	7,010	4,495	5,730	5,064
Other Receivables	-	346	375	347	323	841
Receivables	10,547	7,513	7,385	4,842	6,053	5,905
Inventory	1,846	1,621	1,488	1,479	2,255	1,670
Restricted Cash	186	83	92	84	46	34
Other Current Assets	4,574	2,778	2,328	2,028	2,272	1,000
Total Current Assets	18,859	13,195	13,163	14,399	12,147	8,959
Property, Plant & Equipment	134,408	132,195	131,889	105,310	105,140	100,712
Long-Term Investments	22,100	21,381	20,837	16,846	16,190	13,412
Goodwill	35,765	35,284	36,600	31,848	32,440	32,775
Other Intangible Assets	4,003	3,991	4,587	3,537	4,018	4,008
Long-Term Deferred Tax Assets	851	701	796	341	472	488
Long-Term Deferred Charges	-	-	-	-	-	1,048
Other Long-Term Assets	12,215	11,728	11,101	8,036	8,449	6,508
Total Assets	228,201	218,475	218,973	180,317	179,608	168,864
Accounts Payable	9,860	7,593	7,082	4,334	6,277	4,560
Accrued Expenses	1,212	1,176	1,231	958	763	693
Short-Term Debt	1,488	1,030	529	400	1,996	1,515
Current Portion of Long-Term Debt	5,058	5,079	7,809	6,270	6,045	6,314
Current Portion of Leases	-	125	137	117	104	105
Current Income Taxes Payable	-	901	959	596	683	478
Other Current Liabilities	5,693	5,100	6,065	4,760	4,433	4,564
Total Current Liabilities	23,311	21,004	23,812	17,435	20,301	18,229
Long-Term Debt	103,126	99,047	93,494	74,803	72,943	67,985
Long-Term Leases	-	1,118	1,038	916	716	645
Pension & Post-Retirement Benefits	-	410	448	518	461	728
Long-Term Deferred Tax Liabilities	21,012	20,282	19,596	15,031	13,781	11,689
Other Long-Term Liabilities	12,264	10,690	11,692	7,131	8,008	6,220
Total Liabilities	159,713	152,551	150,080	115,834	116,210	105,496
Common Stock	71,943	71,876	71,738	69,180	64,760	64,799
Additional Paid-In Capital	168	242	275	268	275	365
Retained Earnings	-19,611	-21,284	-20,046	-17,115	-15,486	-10,989
Comprehensive Income & Other	5,652	4,681	7,115	2,303	3,520	-1,096
Total Common Equity	58,152	55,515	59,082	54,636	53,069	53,079
Minority Interest	3,518	3,591	2,993	3,029	3,511	2,542
Shareholders' Equity	68,488	65,924	68,893	64,483	63,398	63,368
Total Liabilities & Equity	228,201	218,475	218,973	180,317	179,608	168,864
Total Debt	109,672	106,399	103,007	82,506	81,804	76,564
Net Cash (Debt)	-107,966	-105,199	-101,137	-76,540	-80,283	-76,214
Net Cash Per Share	-49.37	-48.12	-46.87	-37.19	-39.57	-37.64
Filing Date Shares Outstanding	2,184	2,182	2,179	2,126	2,025	2,026
Total Common Shares Outstanding	2,184	2,182	2,178	2,125	2,025	2,026
Working Capital	-4,452	-7,809	-10,649	-3,036	-8,154	-9,270
Book Value Per Share	26.63	25.44	27.13	25.71	26.21	26.20
Tangible Book Value	18,384	16,240	17,895	19,251	16,611	16,296
Tangible Book Value Per Share	8.42	7.44	8.22	9.06	8.20	8.04
Land	-	4,330	4,181	3,600	3,637	3,320
Machinery	-	5,818	4,798	4,511	4,912	4,912
Construction In Progress	-	7,240	5,648	2,829	2,316	2,268

Source: S&P Global Market Intelligence. Standard template. Financial Sources.