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	2015 - 2019
Period Ending	Sep '25 Sep 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	2015 - 2019
Operating Revenue	2,284	2,346	2,233	2,449	2,093	2,061	Upgrade
Other Revenue	10.01	10.38	10.9	-	-	-	Upgrade
Revenue	2,294	2,357	2,244	2,449	2,093	2,061	Upgrade
Revenue Growth (YoY)	-5.18%	5.04%	-8.38%	16.99%	1.58%	24.21%	Upgrade
Operations & Maintenance	683.59	649.94	620.56	352	327.89	300.92	Upgrade
Selling, General & Admin	174.87	175.61	229.35	161.29	137.68	135.43	Upgrade
Depreciation & Amortization	641.51	615.34	595.6	571.09	612.76	529.57	Upgrade
Amortization of Goodwill & Intangibles	61.46	58.38	57.02	53.61	23.28	43.36	Upgrade
Other Operating Expenses	-	-	-	270.43	213.49	202.33	Upgrade
Total Operating Expenses	1,561	1,499	1,503	1,408	1,315	1,212	Upgrade
Operating Income	732.57	857.38	741.16	1,040	778.15	849.02	Upgrade
Interest Expense	-356.73	-380.73	-376.2	-332.81	-341.7	-321.23	Upgrade
Interest Income	58.73	71.39	61.52	24.79	18.45	20.6	Upgrade
Net Interest Expense	-297.99	-309.34	-314.68	-308.02	-323.25	-300.63	Upgrade
Income (Loss) on Equity Investments	98.47	43.73	-279.85	-2.86	-	-	Upgrade
Currency Exchange Gain (Loss)	57.52	0.72	39.73	41.79	-81.32	71.34	Upgrade
Other Non-Operating Income (Expenses)	-371.18	15.55	-80.19	489.69	87.29	-12.19	Upgrade
EBT Excluding Unusual Items	219.38	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
Asset Writedown	-526.53	-	-	-	-	-	Upgrade
Pretax Income	-307.74	563.56	-57	1,260	423.23	600.07	Upgrade
Income Tax Expense	-60.04	192.17	39.13	304.66	153.35	115.01	Upgrade
Earnings From Continuing Ops.	-247.71	371.39	-96.13	955.46	269.88	485.06	Upgrade
Minority Interest in Earnings	-32.59	-99.56	-79.06	-127.72	-80.32	-103.98	Upgrade
Net Income	-280.29	271.83	-175.19	827.73	189.56	381.08	Upgrade
Preferred Dividends & Other Adjustments	5.7	6.16	6.1	11.21	10.81	11.36	Upgrade
Net Income to Common	-285.99	265.66	-181.3	816.53	178.75	369.71	Upgrade
Net Income Growth	-	-	-	336.66%	-50.26%	18.80%	Upgrade
Shares Outstanding (Basic)	261	257	253	236	219	199	Upgrade
Shares Outstanding (Diluted)	261	257	253	236	219	201	Upgrade
Shares Change (YoY)	1.80%	1.82%	7.01%	7.90%	8.79%	7.22%	Upgrade
EPS (Basic)	-1.10	1.03	-0.72	3.46	0.82	1.86	Upgrade
EPS (Diluted)	-1.10	1.03	-0.72	3.46	0.82	1.85	Upgrade
EPS Growth	-	-	-	323.35%	-55.80%	9.89%	Upgrade
Free Cash Flow	1,432	476.75	369.59	1,380	1,140	1,095	Upgrade
Free Cash Flow Per Share	5.49	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	-12.47%	11.27%	-8.08%	33.34%	8.54%	17.94%	Upgrade
Free Cash Flow Margin	62.44%	20.23%	16.47%	56.37%	54.44%	53.14%	Upgrade
EBITDA	1,421	1,527	1,384	1,653	1,407	1,416	Upgrade
EBITDA Margin	61.94%	64.79%	61.68%	67.51%	67.20%	68.74%	Upgrade
D&A For EBITDA	688.45	669.51	642.71	612.86	628.56	567.37	Upgrade
EBIT	732.57	857.38	741.16	1,040	778.15	849.02	Upgrade
EBIT Margin	31.93%	36.38%	33.03%	42.49%	37.17%	41.20%	Upgrade
Effective Tax Rate	-	34.10%	-	24.18%	36.23%	19.17%	Upgrade
Revenue as Reported	-	-	-	2,449	2,093	2,061	Upgrade

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