Topaz Energy Balance Sheet

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

Millions CAD. 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	0.58	0.15	3.46	-	-
Cash & Short-Term Investments	0.58	0.15	3.46	-	-
Cash Growth	294.56%	-95.75%	-	-	-
Accounts Receivable	55.62	52.49	47.34	62.47	46.76
Other Current Assets	5.26	11.39	9.58	7	1.59
Total Current Assets	61.46	64.02	60.38	69.47	48.34
Net Property, Plant & Equipment	2,159	2,157	1,581	1,741	1,511
Other Long-Term Assets	0.82	2.34	5.54	25.38	52.67
Total Assets	2,222	2,223	1,647	1,836	1,612
Accounts Payable	3.65	6.27	6.33	4.52	4.34
Other Current Liabilities	1.81	5.99	0.76	-	0.26
Total Current Liabilities	5.46	12.26	7.08	4.52	4.59
Long-Term Debt	570.77	540.4	391.64	464.58	276.86
Other Long-Term Liabilities	125.01	88.64	4.65	4.33	5.37
Total Long-Term Liabilities	695.78	629.03	396.29	468.92	282.24
Total Liabilities	701.24	641.3	403.37	473.44	286.83
Common Stock	1,745	1,734	1,526	1,519	1,425
Additional Paid-in Capital	71.19	63.83	55.25	51.91	50.02
Retained Earnings	-295.31	-216.36	-337.17	-208.5	-150.56
Shareholders' Equity	1,520	1,582	1,244	1,362	1,325
Total Liabilities & Equity	2,222	2,223	1,647	1,836	1,612
Total Debt	570.77	540.4	391.64	464.58	276.86
Net Cash (Debt)	-570.19	-540.25	-388.18	-464.58	-276.86
Net Cash Per Share	-3.69	-3.67	-2.67	-3.24	-2.23
Book Value	1,520	1,582	1,244	1,362	1,325
Book Value Per Share	9.85	10.75	8.56	9.51	10.65
Tangible Book Value	1,520	1,582	1,244	1,362	1,325
Tangible Book Value Per Share	9.85	10.75	8.56	9.51	10.65

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