Trican Well Service 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	8.53	26.28	88.75	58.11	29.51	22.61	Upgrade
Cash & Short-Term Investments	8.53	26.28	88.75	58.11	29.51	22.61	Upgrade
Cash Growth	182.01%	-70.39%	52.72%	96.93%	30.54%	213.90%	Upgrade
Accounts Receivable	286.77	210.62	181.13	175.44	127.79	77.1	Upgrade
Other Receivables	5.14	-	-	-	0.97	2.05	Upgrade
Receivables	291.92	210.62	181.13	175.44	128.77	79.16	Upgrade
Inventory	26.16	20.27	21.55	24.69	19.04	21.6	Upgrade
Prepaid Expenses	7.6	6.27	6.2	5.02	4.02	4.77	Upgrade
Total Current Assets	334.2	263.44	297.63	263.26	181.34	128.13	Upgrade
Property, Plant & Equipment	547.45	409.93	412.82	404.81	383	414.7	Upgrade
Long-Term Investments	-	-	-	-	-	2.1	Upgrade
Goodwill	66.97	-	-	-	-	-	Upgrade
Other Intangible Assets	72.49	-	-	3.04	13.5	23.96	Upgrade
Other Long-Term Assets	22.16	9.7	-	-	-	-	Upgrade
Total Assets	1,043	683.07	710.44	671.12	577.84	568.88	Upgrade
Accounts Payable	92.34	64.21	50.4	53.01	40.7	30.25	Upgrade
Accrued Expenses	17.6	61.8	53.25	37.9	34.47	26.92	Upgrade
Current Portion of Leases	6.33	5.09	4.42	2.99	2.41	3.45	Upgrade
Current Income Taxes Payable	-	4.37	36.37	-	-	-	Upgrade
Total Current Liabilities	116.27	135.48	144.44	93.9	77.58	60.63	Upgrade
Long-Term Debt	139.12	-	-	29.82	-	-	Upgrade
Long-Term Leases	19.72	14.92	13.72	9.58	7.91	10.31	Upgrade
Long-Term Deferred Tax Liabilities	76.32	38.13	31.86	30.27	1.6	-	Upgrade
Other Long-Term Liabilities	4.76	6.15	3.36	2.88	1.35	-	Upgrade
Total Liabilities	356.18	194.68	193.38	166.45	88.44	70.94	Upgrade
Common Stock	836.91	679.37	753.08	829.2	893.85	927.99	Upgrade
Additional Paid-In Capital	72.21	75.29	83.34	85.79	87.8	89.39	Upgrade
Retained Earnings	-222.03	-266.26	-319.35	-410.33	-492.24	-520.25	Upgrade
Comprehensive Income & Other	-	-	-	-	-	0.8	Upgrade
Total Common Equity	687.09	488.39	517.07	504.67	489.4	497.95	Upgrade
Shareholders' Equity	687.09	488.39	517.07	504.67	489.4	497.95	Upgrade
Total Liabilities & Equity	1,043	683.07	710.44	671.12	577.84	568.88	Upgrade
Total Debt	165.16	20.01	18.14	42.39	10.32	13.77	Upgrade
Net Cash (Debt)	-156.64	6.27	70.61	15.72	19.19	8.84	Upgrade
Net Cash Growth	-	-91.12%	349.11%	-18.07%	117.08%	-	Upgrade
Net Cash Per Share	-0.82	0.03	0.32	0.06	0.07	0.03	Upgrade
Filing Date Shares Outstanding	212.23	188.37	208.26	228.79	247.71	255.19	Upgrade
Total Common Shares Outstanding	212.23	188.92	209.13	229.78	246.96	255.74	Upgrade
Working Capital	217.93	127.96	153.19	169.37	103.76	67.5	Upgrade
Book Value Per Share	3.24	2.59	2.47	2.20	1.98	1.95	Upgrade
Tangible Book Value	547.63	488.39	517.07	501.63	475.9	473.99	Upgrade
Tangible Book Value Per Share	2.58	2.59	2.47	2.18	1.93	1.85	Upgrade
Buildings	-	102.9	113.32	113.32	124.59	125.4	Upgrade
Machinery	-	808.53	867.67	883.68	911.23	923.52	Upgrade

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