TSX:NOA Balance Sheet

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
Cash & Equivalents	100.13	77.88	88.61	69.14	16.6
Cash & Short-Term Investments	100.13	77.88	88.61	69.14	16.6
Cash Growth	28.57%	-12.12%	28.16%	316.50%	-61.79%
Accounts Receivable	148.57	146.27	117.33	89.01	74.18
Other Receivables	30.83	23.94	15.55	10.61	4.37
Receivables	179.4	170.21	132.88	99.61	78.55
Inventory	75.66	69.03	64.96	49.9	44.54
Prepaid Expenses	6.93	7.68	7.4	10.59	6.83
Other Current Assets	0.11	0.68	1.34	1.12	0.66
Total Current Assets	362.22	325.47	295.2	230.36	147.18
Property, Plant & Equipment	1,370	1,265	1,156	660.55	655.72
Long-Term Investments	70.42	84.69	81.44	75.64	55.97
Goodwill	0.54	0.52	0.53	0.54	0.54
Other Intangible Assets	12.33	9.9	6.97	6.77	3.86
Long-Term Deferred Tax Assets	-	-	-	0.39	-
Long-Term Deferred Charges	3.79	4.85	5.89	0.89	3.51
Other Long-Term Assets	0.4	4.37	0.38	1.93	1.58
Total Assets	1,820	1,695	1,546	979.51	869.28
Accounts Payable	102.05	110.75	146.19	102.55	76.25
Accrued Expenses	63.59	46.14	31.65	21.68	22.6
Short-Term Debt	15.05	8.3	11.39	-	-
Current Portion of Long-Term Debt	160.56	84.19	81.31	42.09	19.69
Current Portion of Leases	1.5	1.77	1.74	2.47	28.35
Current Income Taxes Payable	5.54	20.55	26.52	8.19	5.06
Current Unearned Revenue	22.85	1.94	0.06	1.41	3.35
Other Current Liabilities	39.74	42.31	25.18	13.92	5.73
Total Current Liabilities	410.86	315.96	324.02	192.3	161.03
Long-Term Debt	668.39	664.84	558.46	345.56	258.09
Long-Term Leases	91.14	66	64.16	45.27	89.09
Long-Term Unearned Revenue	1.84	19.03	16.11	-	2.95
Long-Term Deferred Tax Liabilities	141.28	125.38	108.82	71.89	56.2
Other Long-Term Liabilities	49.63	114.26	118.24	18.58	23.45
Total Liabilities	1,363	1,305	1,190	673.59	590.82
Common Stock	282.96	228.96	229.46	229.46	246.94
Additional Paid-In Capital	2.81	20.82	20.74	22.1	37.46
Retained Earnings	176.46	156.27	123.03	70.5	11.86
Treasury Stock	-14.99	-15.91	-16.17	-16.44	-17.8
Comprehensive Income & Other	9.39	-1.1	-0.41	0.31	0
Total Common Equity	456.62	389.04	356.65	305.92	278.46
Shareholders' Equity	456.62	389.04	356.65	305.92	278.46
Total Liabilities & Equity	1,820	1,695	1,546	979.51	869.28
Total Debt	936.63	825.1	717.06	435.39	395.23
Net Cash (Debt)	-836.5	-747.23	-628.44	-366.24	-378.63
Net Cash Per Share	-25.92	-22.61	-19.03	-10.77	-11.15
Filing Date Shares Outstanding	27.64	28.7	26.73	26.41	28.45
Total Common Shares Outstanding	27.95	26.7	26.74	26.42	28.46
Working Capital	-48.64	9.51	-28.82	38.06	-13.86
Book Value Per Share	16.34	14.57	13.34	11.58	9.79
Tangible Book Value	443.75	378.62	349.16	298.6	274.06
Tangible Book Value Per Share	15.88	14.18	13.06	11.30	9.63
Land	26.27	10.47	10.47	10.47	10.47
Buildings	29.6	45.47	45.68	29.73	29.41
Machinery	723.68	683.73	582.75	428.69	420.25
Order Backlog	2,813	3,116	2,195	568.84	841

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