Hydro One 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	37	549	716	79	530	540
Cash & Short-Term Investments	37	549	716	79	530	540
Cash Growth	-69.92%	-23.32%	806.33%	-85.09%	-1.85%	-28.67%
Accounts Receivable	1,495	1,492	1,236	1,143	1,049	983
Other Current Assets	175	133	165	132	281	303
Total Current Assets	1,707	2,174	2,117	1,354	1,860	1,826
Net Property, Plant & Equipment	31,909	31,450	29,093	26,874	25,077	23,842
Other Intangible Assets	639	654	661	656	608	570
Goodwill	378	378	373	373	373	373
Long-Term Regulatory Assets	3,941	3,857	3,503	3,260	2,964	3,561
Other Long-Term Assets	1,147	1,158	935	335	575	211
Total Assets	39,721	39,671	36,682	32,852	31,457	30,383
Accounts Payable	2,158	2,565	2,151	1,741	1,545	1,330
Short-Term Debt	599	100	200	279	1,374	1,045
Current Portion of Long-Term Debt	425	925	1,150	700	733	603
Total Current Liabilities	3,182	3,590	3,501	2,720	3,652	2,978
Long-Term Debt	18,093	18,092	16,329	14,710	13,030	13,017
Long-Term Regulatory Liabilities	1,712	1,621	1,476	908	1,123	362
Other Long-Term Liabilities	3,770	3,622	3,203	2,749	2,260	3,050
Total Long-Term Liabilities	23,575	23,335	21,008	18,367	16,413	16,429
Total Liabilities	26,757	26,925	24,509	21,087	20,065	19,407
Common Stock	5,721	5,721	5,713	5,706	5,699	5,688
Additional Paid-in Capital	27	25	28	30	34	38
Accumulated Other Comprehensive Income	-8	-9	-12	-3	11	-12
Retained Earnings	7,102	6,911	6,360	5,947	5,562	5,174
Total Common Shareholders' Equity	12,842	12,648	12,089	11,680	11,306	10,888
Minority Interest	122	98	84	85	86	88
Shareholders' Equity	12,964	12,746	12,173	11,765	11,392	10,976
Total Liabilities & Equity	39,721	39,671	36,682	32,852	31,457	30,383
Total Debt	19,117	19,117	17,679	15,689	15,137	14,665
Net Cash (Debt)	-19,080	-18,568	-16,963	-15,610	-14,607	-14,125
Net Cash Per Share	-31.76	-30.91	-28.24	-25.99	-24.32	-23.53
Book Value	12,842	12,648	12,089	11,680	11,306	10,888
Book Value Per Share	21.38	21.05	20.13	19.45	18.82	18.14
Tangible Book Value	11,825	11,616	11,055	10,651	10,325	9,945
Tangible Book Value Per Share	19.68	19.34	18.40	17.74	17.19	16.57

Updated May 13, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.