Northland Power Balance Sheet

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
Cash & Equivalents	842.21	613.32	740.24	1,300	673.69	434.99	Upgrade
Short-Term Investments	-	-	-	146.52	-	-	Upgrade
Trading Asset Securities	28.68	44.43	121.44	181.9	0.12	-	Upgrade
Accounts Receivable	442.49	279.22	304.02	297.5	370.23	361.66	Upgrade
Other Receivables	-	256.75	91.99	105.62	18	15	Upgrade
Inventory	-	-	-	-	36.61	24.14	Upgrade
Prepaid Expenses	-	-	-	-	36.42	37.72	Upgrade
Restricted Cash	58.35	59.07	73.26	160.14	155.63	192.53	Upgrade
Other Current Assets	126.81	139.28	115.74	157.44	124	10.65	Upgrade
Total Current Assets	1,499	1,392	1,447	2,349	1,415	1,077	Upgrade
Property, Plant & Equipment	8,355	8,879	9,180	9,378	9,586	8,680	Upgrade
Goodwill	656.99	617.61	639.35	712.62	753.37	708.71	Upgrade
Other Intangible Assets	378.17	393.89	446.87	515.78	497.64	533.17	Upgrade
Long-Term Investments	1,307	1,182	1,056	800.87	166.19	4.6	Upgrade
Long-Term Loans Receivable	-	682.07	405.37	-	-	-	Upgrade
Long-Term Deferred Tax Assets	128.62	38.17	44.73	27.24	60.93	67.63	Upgrade
Long-Term Deferred Charges	2	3	5	3	-	-	Upgrade
Long-Term Accounts Receivable	108.8	130.76	140.68	126.01	131.28	136.2	Upgrade
Other Long-Term Assets	981.02	286.12	261.82	310.55	261.25	192.52	Upgrade
Total Assets	13,415	13,604	13,626	14,223	12,872	11,399	Upgrade
Accounts Payable	107.24	169.03	161.64	153.57	491.67	242.96	Upgrade
Accrued Expenses	-	-	26	18	-	-	Upgrade
Short-Term Debt	-	15.98	15	-	-	-	Upgrade
Current Portion of Long-Term Debt	1,013	867.98	746.26	804.38	772.79	749.18	Upgrade
Current Unearned Revenue	-	-	25.76	327.52	-	-	Upgrade
Current Portion of Leases	-	18.47	16.14	16.75	12.92	9.73	Upgrade
Current Income Taxes Payable	45.67	64.53	88.37	130.74	-	-	Upgrade
Other Current Liabilities	288.33	195.11	196.85	457.9	127.18	57.99	Upgrade
Total Current Liabilities	1,454	1,331	1,276	1,909	1,405	1,060	Upgrade
Long-Term Debt	6,218	6,378	6,488	6,184	7,212	7,432	Upgrade
Long-Term Leases	175.3	158.69	171.09	138.46	138.06	57.74	Upgrade
Pension & Post-Retirement Benefits	29.93	30.05	34.65	22.57	30.68	45.06	Upgrade
Long-Term Deferred Tax Liabilities	485.76	557.83	590.26	697.58	530.95	368.19	Upgrade
Other Long-Term Liabilities	805.44	591.96	583.82	546.53	589.48	433.78	Upgrade
Total Liabilities	9,168	9,048	9,144	9,498	9,906	9,397	Upgrade
Preferred Stock, Redeemable	144.84	144.84	144.84	144.84	260.88	260.88	Upgrade
Common Stock	5,221	5,193	5,085	4,946	4,005	2,956	Upgrade
Additional Paid-In Capital	7.24	6.28	5.98	5.54	3.59	3.23	Upgrade
Retained Earnings	-1,851	-1,202	-1,159	-701.14	-1,233	-1,148	Upgrade
Comprehensive Income & Other	399.42	43.62	107.65	-4.04	-279.96	-279.42	Upgrade
Total Common Equity	3,777	4,041	4,040	4,246	2,496	1,532	Upgrade
Minority Interest	325.23	370.3	297.55	333.09	208.83	209.88	Upgrade
Shareholders' Equity	4,247	4,556	4,483	4,724	2,966	2,003	Upgrade
Total Liabilities & Equity	13,415	13,604	13,626	14,223	12,872	11,399	Upgrade
Total Debt	7,406	7,439	7,436	7,144	8,136	8,249	Upgrade
Net Cash (Debt)	-6,535	-6,782	-6,575	-5,516	-7,462	-7,814	Upgrade
Net Cash Per Share	-25.07	-26.36	-26.02	-23.36	-34.10	-38.84	Upgrade
Filing Date Shares Outstanding	261.5	261	255.66	250.73	227.27	202.46	Upgrade
Total Common Shares Outstanding	261.5	259.95	254.94	250.02	226.88	202.17	Upgrade
Working Capital	44.72	60.97	170.68	440.1	10.15	16.82	Upgrade
Book Value Per Share	14.44	15.55	15.85	16.98	11.00	7.58	Upgrade
Tangible Book Value	2,742	3,030	2,954	3,018	1,245	290.14	Upgrade
Tangible Book Value Per Share	10.48	11.66	11.59	12.07	5.49	1.44	Upgrade
Land	-	2,226	2,054	1,875	1,990	2,097	Upgrade
Machinery	-	10,481	10,764	9,958	10,161	9,157	Upgrade
Construction In Progress	-	671.39	217.69	841.3	622.19	212.48	Upgrade

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