Tenaz Energy 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
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
Cash & Equivalents	213.79	139.91	50.3	1.83	25.47	-
Cash & Short-Term Investments	213.79	139.91	50.3	1.83	25.47	-
Cash Growth	1345.78%	178.14%	2645.63%	-92.81%	-	-
Accounts Receivable	73.05	6.23	8	10.25	1.78	1.09
Other Current Assets	72.7	42.4	34.19	60.23	0.25	0.22
Total Current Assets	359.54	188.54	92.49	72.32	27.5	1.31
Net Property, Plant & Equipment	1,765	133.34	115.99	104.29	47.9	32.87
Long-Term Investments	24.94	21.46	21.37	12.59	-	-
Other Long-Term Assets	94.05	47.49	8.87	5.55	-	0.26
Total Assets	2,244	390.83	238.72	194.74	75.4	34.44
Accounts Payable	116.97	20.99	15.67	14.29	6.75	1.18
Short-Term Debt	-	-	-	21.48	-	3.99
Current Portion of Leases	10.75	-	-	0.07	0.06	0.05
Other Current Liabilities	122.02	19.31	26.01	22.8	0.6	0.37
Total Current Liabilities	249.74	40.3	43.99	58.64	7.41	5.61
Long-Term Debt	138.51	138.28	-	-	-	-
Long-Term Leases	20.55	0.27	0.24	0.06	0.11	0.16
Other Long-Term Liabilities	1,523	119.86	100.44	64.67	2.57	2.13
Total Long-Term Liabilities	1,682	258.4	100.68	64.73	2.68	2.29
Total Liabilities	1,931	298.7	142.36	123.37	10.09	7.87
Common Stock	66.04	63.41	60.88	63.83	64.5	37.71
Additional Paid-in Capital	15.21	14.86	14.12	12.07	10.86	7.25
Accumulated Other Comprehensive Income	13.65	0.95	0.25	-	-	-
Retained Earnings	217.7	12.91	21.1	-4.53	-10.05	-18.39
Shareholders' Equity	312.59	92.13	96.35	71.37	65.32	26.57
Total Liabilities & Equity	2,244	390.83	238.72	194.74	75.4	34.44
Total Debt	169.81	138.54	0.24	21.61	0.17	4.19
Net Cash (Debt)	43.98	1.36	50.06	-19.78	25.3	-4.19
Net Cash Growth	3126.78%	-97.28%	-	-	-	-
Net Cash Per Share	1.35	0.05	1.72	-0.69	1.70	-0.39
Book Value	312.59	92.13	96.35	71.37	65.32	26.57
Book Value Per Share	9.56	3.40	3.32	2.47	4.39	2.44
Tangible Book Value	312.59	92.13	96.35	71.37	65.32	26.57
Tangible Book Value Per Share	9.56	3.40	3.32	2.47	4.39	2.44

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.