Northland Power Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Operating Revenue	2,220	2,346	2,233	2,449	2,093	2,061	Upgrade
Other Revenue	10.14	10.38	10.9	-	-	-	Upgrade
Revenue	2,230	2,357	2,244	2,449	2,093	2,061	Upgrade
Revenue Growth (YoY)	-8.58%	5.04%	-8.38%	16.99%	1.58%	24.21%	Upgrade
Operations & Maintenance	663.91	649.94	620.56	352	327.89	300.92	Upgrade
Selling, General & Admin	177.08	175.61	229.35	161.29	137.68	135.43	Upgrade
Depreciation & Amortization	628.65	615.34	595.6	571.09	612.76	529.57	Upgrade
Amortization of Goodwill & Intangibles	60.06	58.38	57.02	53.61	23.28	43.36	Upgrade
Other Operating Expenses	-	-	-	270.43	213.49	202.33	Upgrade
Total Operating Expenses	1,530	1,499	1,503	1,408	1,315	1,212	Upgrade
Operating Income	700.46	857.38	741.16	1,040	778.15	849.02	Upgrade
Interest Expense	-373.44	-380.73	-376.2	-332.81	-341.7	-321.23	Upgrade
Interest Income	60.67	71.39	61.52	24.79	18.45	20.6	Upgrade
Net Interest Expense	-312.77	-309.34	-314.68	-308.02	-323.25	-300.63	Upgrade
Income (Loss) on Equity Investments	-36.68	43.73	-279.85	-2.86	-	-	Upgrade
Currency Exchange Gain (Loss)	46.64	0.72	39.73	41.79	-81.32	71.34	Upgrade
Other Non-Operating Income (Expenses)	-328.92	15.55	-80.19	489.69	87.29	-12.19	Upgrade
EBT Excluding Unusual Items	68.74	608.04	106.17	1,261	460.88	607.54	Upgrade
Total Merger & Restructuring Charges	-0.6	-0.6	-	-0.9	-7.67	-7.47	Upgrade
Impairment of Goodwill	-	-	-163.17	-	-29.98	-	Upgrade
Gain (Loss) on Sale of Assets	-	-43.88	-	-	-	-	Upgrade
Pretax Income	68.14	563.56	-57	1,260	423.23	600.07	Upgrade
Income Tax Expense	50.74	192.17	39.13	304.66	153.35	115.01	Upgrade
Earnings From Continuing Ops.	17.4	371.39	-96.13	955.46	269.88	485.06	Upgrade
Minority Interest in Earnings	-63.18	-99.56	-79.06	-127.72	-80.32	-103.98	Upgrade
Net Income	-45.78	271.83	-175.19	827.73	189.56	381.08	Upgrade
Preferred Dividends & Other Adjustments	5.87	6.16	6.1	11.21	10.81	11.36	Upgrade
Net Income to Common	-51.65	265.66	-181.3	816.53	178.75	369.71	Upgrade
Net Income Growth	-	-	-	336.66%	-50.26%	18.80%	Upgrade
Shares Outstanding (Basic)	260	257	253	236	219	199	Upgrade
Shares Outstanding (Diluted)	260	257	253	236	219	201	Upgrade
Shares Change (YoY)	1.91%	1.82%	7.01%	7.90%	8.79%	7.22%	Upgrade
EPS (Basic)	-0.20	1.03	-0.72	3.46	0.82	1.86	Upgrade
EPS (Diluted)	-0.20	1.03	-0.72	3.46	0.82	1.85	Upgrade
EPS Growth	-	-	-	323.35%	-55.80%	9.89%	Upgrade
Free Cash Flow	1,284	476.75	369.59	1,380	1,140	1,095	Upgrade
Free Cash Flow Per Share	4.94	1.85	1.46	5.84	5.21	5.44	Upgrade
Dividend Per Share	1.200	1.200	1.200	1.200	1.200	1.200	Upgrade
Profit Margin	-2.32%	11.27%	-8.08%	33.34%	8.54%	17.94%	Upgrade
Free Cash Flow Margin	57.59%	20.23%	16.47%	56.37%	54.44%	53.14%	Upgrade
EBITDA	1,378	1,527	1,384	1,653	1,407	1,416	Upgrade
EBITDA Margin	61.79%	64.79%	61.68%	67.51%	67.20%	68.74%	Upgrade
D&A For EBITDA	677.45	669.51	642.71	612.86	628.56	567.37	Upgrade
EBIT	700.46	857.38	741.16	1,040	778.15	849.02	Upgrade
EBIT Margin	31.41%	36.38%	33.03%	42.49%	37.17%	41.20%	Upgrade
Effective Tax Rate	74.46%	34.10%	-	24.18%	36.23%	19.17%	Upgrade
Revenue as Reported	-	-	-	2,449	2,093	2,061	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.