Tenaz Energy Balance Sheet

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	Mar '26 Mar 31, 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
Cash & Equivalents	24.42	64.24	139.91	50.3	1.83	25.47
Cash & Short-Term Investments	24.42	64.24	139.91	50.3	1.83	25.47
Cash Growth	-82.00%	-54.08%	178.14%	2645.63%	-92.81%	-
Accounts Receivable	153.15	151.61	6.23	8	10.25	1.78
Other Current Assets	0.53	14.64	42.4	34.19	60.23	0.25
Total Current Assets	298.41	287.05	188.54	92.49	72.32	27.5
Net Property, Plant & Equipment	2,145	2,064	133.34	115.99	104.29	47.9
Long-Term Investments	24.61	23.36	21.46	21.37	12.59	-
Other Long-Term Assets	158.35	140.61	47.49	8.87	5.55	-
Total Assets	2,627	2,530	390.83	238.72	194.74	75.4
Accounts Payable	198.16	174.17	23.31	15.67	14.29	6.75
Short-Term Debt	-	-	-	-	21.48	-
Current Portion of Leases	10.33	10.33	-	-	0.07	0.06
Other Current Liabilities	223.3	120.8	17	26.01	22.8	0.6
Total Current Liabilities	431.79	305.3	40.3	43.99	58.64	7.41
Long-Term Debt	347.45	312.96	138.28	-	-	-
Long-Term Leases	17.41	17.98	0.27	0.24	0.06	0.11
Other Long-Term Liabilities	56.87	1,455	119.86	100.44	64.67	2.57
Total Long-Term Liabilities	421.73	1,786	258.4	100.68	64.73	2.68
Total Liabilities	2,299	2,092	298.7	142.36	123.37	10.09
Common Stock	94.39	92.91	63.41	60.88	63.83	64.5
Additional Paid-in Capital	12.94	12.59	14.86	14.12	12.07	10.86
Accumulated Other Comprehensive Income	9.75	9.45	0.95	0.25	-	-
Retained Earnings	210.45	323.14	12.91	21.1	-4.53	-10.05
Shareholders' Equity	327.54	438.09	92.13	96.35	71.37	65.32
Total Liabilities & Equity	2,627	2,530	390.83	238.72	194.74	75.4
Total Debt	375.19	341.27	138.54	0.24	21.61	0.17
Net Cash (Debt)	-350.77	-277.03	1.36	50.06	-19.78	25.3
Net Cash Growth	-	-	-97.28%	-	-	-
Net Cash Per Share	-10.79	-8.79	0.05	1.72	-0.69	1.70
Book Value	327.54	438.09	92.13	96.35	71.37	65.32
Book Value Per Share	10.08	13.91	3.40	3.32	2.47	4.39
Tangible Book Value	327.54	438.09	92.13	96.35	71.37	65.32
Tangible Book Value Per Share	10.08	13.91	3.40	3.32	2.47	4.39