Polaris Renewable Energy Inc. (TSX: PIF)

Polaris Renewable Energy Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	41.79	40.05	35.33	97.93	60.06	32.6
Accounts Receivable	11.68	10.63	11.24	9.42	19.89	15.3
Other Receivables	-	1.57	1.2	1.41	0.83	-
Prepaid Expenses	4.14	0.92	0.99	0.94	0.57	0.78
Other Current Assets	-	0.88	1.85	0.43	0.37	-
Total Current Assets	57.61	54.04	50.61	110.14	81.72	48.68
Property, Plant & Equipment	364.1	383.82	402.07	358.85	374.68	372.76
Goodwill	12.36	12.36	12.36	-	-	-
Other Intangible Assets	53.02	55.01	57.53	22.97	24.33	25.68
Long-Term Investments	-	-	-	-	0.16	0.17
Long-Term Deferred Tax Assets	8	6.64	3.91	0.86	1.78	3.85
Long-Term Accounts Receivable	-	-	-	-	-	0.3
Other Long-Term Assets	10.12	7.52	8.63	9.89	7.33	12.31
Total Assets	505.2	519.4	535.1	502.7	489.99	463.74
Accounts Payable	14.96	11.97	9.5	8.15	6.06	1.43
Accrued Expenses	-	0.82	0.76	0.44	2.63	7.33
Current Portion of Long-Term Debt	16.32	15.85	14.94	23.12	21.07	16.92
Current Unearned Revenue	-	-	-	0.15	-	-
Current Portion of Leases	0.43	0.4	0.42	0.3	0.19	0.25
Other Current Liabilities	-	2.32	4.97	2.15	3.98	9.12
Total Current Liabilities	31.71	31.35	30.6	34.31	33.92	35.05
Long-Term Debt	146.99	156.53	169.47	146.57	168.23	166.75
Long-Term Leases	2.15	2.35	2.5	1	0.5	0.63
Long-Term Deferred Tax Liabilities	57.87	59.24	62.33	54.76	51.81	43.77
Other Long-Term Liabilities	-	-	-	5.24	8.77	10.32
Total Liabilities	238.73	249.47	264.89	241.88	263.22	256.52
Common Stock	666.49	666.39	666.04	649.08	598.98	598.98
Additional Paid-In Capital	14.03	14.02	13.84	14.27	19.72	19.62
Retained Earnings	-414.77	-411.07	-410.2	-400.59	-389.95	-409.37
Total Common Equity	265.74	269.34	269.68	262.76	228.75	209.23
Minority Interest	0.73	0.59	0.54	-1.94	-1.98	-2.01
Shareholders' Equity	266.48	269.93	270.21	260.82	226.77	207.23
Total Liabilities & Equity	505.2	519.4	535.1	502.7	489.99	463.74
Total Debt	165.9	175.12	187.33	170.99	189.99	184.55
Net Cash (Debt)	-124.11	-135.07	-152	-73.06	-129.93	-151.96
Net Cash Per Share	-5.88	-6.41	-7.54	-3.84	-7.68	-9.30
Filing Date Shares Outstanding	21.06	21.08	21.03	19.63	18.51	15.71
Total Common Shares Outstanding	21.07	21.06	21.03	19.53	15.71	15.71
Working Capital	25.89	22.69	20.01	75.84	47.8	13.64
Book Value Per Share	12.61	12.79	12.83	13.46	14.56	13.32
Tangible Book Value	200.37	201.97	199.8	239.79	204.42	183.56
Tangible Book Value Per Share	9.51	9.59	9.50	12.28	13.02	11.69
Construction In Progress	5.05	4.14	9.9	8.78	1.15	1.38

Source: S&P Capital IQ. Utility template. Financial Sources.