Polaris Renewable Energy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	88.62	213.31	40.05	35.33	97.93
Cash & Short-Term Investments	88.62	213.31	40.05	35.33	97.93
Cash Growth	-58.45%	432.56%	13.38%	-63.93%	63.06%
Accounts Receivable	11.41	11.28	10.63	11.24	9.32
Other Current Assets	3.23	3.98	3.36	4.05	2.89
Total Current Assets	103.26	228.56	54.04	50.61	110.14
Net Property, Plant & Equipment	355.34	357.68	381.02	399.04	357.44
Other Intangible Assets	46.62	50.84	55.01	57.53	22.97
Goodwill	9.31	8.56	12.36	12.36	-
Other Long-Term Assets	21.04	16.47	16.97	15.58	12.15
Total Assets	535.57	662.11	519.4	535.1	502.7
Accounts Payable	15.26	17.14	15.08	14.93	10.74
Current Portion of Long-Term Debt	4.04	16.27	15.85	14.94	23.12
Current Portion of Leases	0.36	0.43	0.4	0.42	0.3
Unearned Revenue	-	-	-	-	0.15
Other Current Liabilities	-	-	0.03	0.3	-
Total Current Liabilities	19.66	33.84	31.35	30.6	34.31
Long-Term Debt	213.31	312.08	156.53	169.47	146.57
Long-Term Leases	2.17	2.15	2.35	2.5	1
Other Long-Term Liabilities	57.56	54.51	59.24	62.33	60
Total Long-Term Liabilities	273.04	368.74	218.12	234.29	207.57
Total Liabilities	292.69	402.58	249.47	264.89	241.88
Common Stock	665.14	666.38	666.39	666.04	649.08
Additional Paid-in Capital	14.11	14.09	14.02	13.84	14.27
Retained Earnings	-436.08	-420.73	-411.07	-410.2	-400.59
Total Common Shareholders' Equity	243.17	259.75	269.34	269.68	262.76
Minority Interest	-0.29	-0.22	0.59	0.54	-1.94
Shareholders' Equity	242.88	259.53	269.93	270.21	260.82
Total Liabilities & Equity	535.57	662.11	519.4	535.1	502.7
Total Debt	219.87	330.93	175.12	187.33	170.99
Net Cash (Debt)	-131.25	-117.62	-135.07	-152	-73.06
Net Cash Per Share	-6.21	-5.56	-6.41	-7.54	-3.84
Book Value	243.17	259.75	269.34	269.68	262.76
Book Value Per Share	11.51	12.28	12.78	13.38	13.82
Tangible Book Value	187.24	200.35	201.97	199.8	239.79
Tangible Book Value Per Share	8.86	9.47	9.58	9.91	12.61

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.