Northland Power Income Statement

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	Jun '26 Jun 30, 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
Operating Revenue	2,542	2,435	2,346	2,233	2,449	2,093
Other Revenue	9.61	9.88	10.38	10.9	-	-
Revenue	2,552	2,445	2,357	2,244	2,449	2,093
Revenue Growth	13.40%	3.74%	5.04%	-8.38%	16.99%	1.58%
Operations & Maintenance	768.08	740.11	649.94	620.56	352	327.89
Selling, General & Admin	190.92	182.61	176.21	229.35	161.29	137.68
Depreciation & Amortization	648.84	652.89	615.34	595.6	571.09	612.76
Amortization of Goodwill & Intangibles	63.57	62.7	58.38	57.02	53.61	23.28
Other Operating Expenses	-	-	-	-	270.43	213.49
Total Operating Expenses	1,671	1,638	1,500	1,503	1,408	1,315
Operating Income	880.09	806.55	856.78	741.16	1,040	778.15
Interest Expense	-337.4	-344.09	-380.73	-376.2	-332.81	-341.7
Interest Income	48.2	52.27	71.39	61.52	24.79	18.45
Net Interest Expense	-289.2	-291.81	-309.34	-314.68	-308.02	-323.25
Income (Loss) on Equity Investments	158.94	193.53	43.73	-279.85	-2.86	-
Currency Exchange Gain (Loss)	31.62	55.56	0.72	39.73	41.79	-81.32
Other Non-Operating Income (Expenses)	-235.23	-385.91	79.55	-80.19	489.69	87.29
EBT Excluding Unusual Items	546.23	377.91	671.44	106.17	1,261	460.88
Total Merger & Restructuring Charges	-	-	-	-	-0.9	-7.67
Impairment of Goodwill	-	-	-	-163.17	-	-29.98
Gain (Loss) on Sale of Assets	-	-	-107.88	-	-	-
Asset Writedown	-550.23	-527.16	-	-	-	-
Pretax Income	-4	-149.24	563.56	-57	1,260	423.23
Income Tax Expense	55.03	-40.88	192.17	39.13	304.66	153.35
Earnings From Continuing Ops.	-59.03	-108.36	371.39	-96.13	955.46	269.88
Minority Interest in Earnings	-81.52	-54.89	-99.56	-79.06	-127.72	-80.32
Net Income	-140.56	-163.25	271.83	-175.19	827.73	189.56
Preferred Dividends & Other Adjustments	7.69	6.32	6.16	6.1	11.21	10.81
Net Income to Common	-148.24	-169.57	265.66	-181.3	816.53	178.75
Net Income Growth	-	-	-	-	356.80%	-51.65%
Shares Outstanding (Basic)	262	261	257	253	236	219
Shares Outstanding (Diluted)	262	261	257	253	236	219
Shares Change	0.65%	1.55%	1.82%	7.01%	7.90%	8.79%
EPS (Basic)	-0.57	-0.65	1.03	-0.72	3.46	0.82
EPS (Diluted)	-0.57	-0.65	1.03	-0.72	3.46	0.82
EPS Growth	-	-	-	-	323.35%	-55.80%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	1,130	1,291	476.75	369.59	1,380	1,140
Free Cash Flow Per Share	4.32	4.94	1.85	1.46	5.84	5.21
Dividend Per Share	0.920	1.160	1.200	1.200	1.200	1.200
Dividend Growth	-23.33%	-3.33%	0%	0%	0%	0%
Profit Margin	-5.81%	-6.94%	11.27%	-8.08%	33.34%	8.54%
Free Cash Flow Margin	44.28%	52.79%	20.23%	16.47%	56.37%	54.44%
EBITDA	1,582	1,518	1,526	1,384	1,653	1,407
EBITDA Margin	62.01%	62.08%	64.77%	61.68%	67.51%	67.20%
D&A For EBITDA	702.16	711.22	669.51	642.71	612.86	628.56
EBIT	880.09	806.55	856.78	741.16	1,040	778.15
EBIT Margin	34.49%	32.99%	36.36%	33.03%	42.49%	37.17%
Effective Tax Rate	-	-	34.10%	-	24.18%	36.23%
Revenue as Reported	2,552	2,445	2,357	2,244	2,449	2,093