TVA Group 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	5.31	-	-	-	5.18	2.84
Cash & Short-Term Investments	5.31	-	-	-	5.18	2.84
Cash Growth	-	-	-	-	82.56%	-16.11%
Accounts Receivable	104.91	108.45	123.08	129.18	170.03	112.64
Other Receivables	7.16	37.37	43.72	54.52	46.54	42.81
Receivables	112.06	145.82	166.8	183.7	216.57	155.45
Inventory	-	-	-	0.63	0.59	0.52
Prepaid Expenses	4.11	2.29	3.41	4.4	3.87	3.22
Other Current Assets	120.54	101.2	140.7	134.41	107.94	112.46
Total Current Assets	242.02	249.31	310.91	323.13	334.15	274.49
Property, Plant & Equipment	143.4	154.92	148.68	165.38	169.37	175.57
Long-Term Investments	12.45	12.72	12.24	12.02	12.12	11.24
Goodwill	9.1	9.1	16.88	21.7	21.7	21.7
Other Intangible Assets	71.58	91.45	89.43	102.9	93.1	82.27
Long-Term Deferred Tax Assets	12.41	6.58	8.5	5.83	9.35	23.92
Other Long-Term Assets	49.92	50.55	39.87	45.11	21.31	-
Total Assets	540.87	574.63	626.51	676.07	661.09	589.19
Accounts Payable	128.43	122.59	91.58	93.22	114.64	80.29
Accrued Expenses	-	15.37	24.27	19.76	22.84	23.12
Short-Term Debt	-	3.67	0.18	1.11	-	1.7
Current Portion of Long-Term Debt	32.99	33.98	-	8.96	11.98	27.12
Current Portion of Leases	1.95	2.52	1.88	2.32	2.5	3
Current Income Taxes Payable	0.36	0.65	1.62	0.56	1.62	8.42
Current Unearned Revenue	8.42	8.14	8.44	11.03	9.96	14.08
Other Current Liabilities	34.18	36.33	56.62	125.59	95.06	64.92
Total Current Liabilities	206.32	223.24	184.59	262.55	258.6	222.63
Long-Term Debt	-	-	83.88	-	-	-
Long-Term Leases	5.41	6.18	5.78	6.45	7.86	9.15
Long-Term Unearned Revenue	-	-	-	-	0.29	0.36
Pension & Post-Retirement Benefits	-	-	-	-	0.47	23.59
Long-Term Deferred Tax Liabilities	0.73	1.03	0.02	8.3	6.37	6.57
Other Long-Term Liabilities	8.22	6.9	4.9	5.4	7.04	14.27
Total Liabilities	220.69	237.35	279.16	282.69	280.63	276.57
Common Stock	207.28	207.28	207.28	207.28	207.28	207.28
Additional Paid-In Capital	0.58	0.58	0.58	0.58	0.58	0.58
Retained Earnings	45.49	62.58	81.92	129.81	138.68	108.18
Comprehensive Income & Other	66.84	66.84	57.57	55.71	32.71	-4.64
Total Common Equity	320.18	337.27	347.35	393.38	379.25	311.4
Minority Interest	-	-	-	-	1.21	1.22
Shareholders' Equity	320.18	337.27	347.35	393.38	380.46	312.62
Total Liabilities & Equity	540.87	574.63	626.51	676.07	661.09	589.19
Total Debt	40.35	46.34	91.71	18.84	22.34	40.97
Net Cash (Debt)	-35.05	-46.34	-91.71	-18.84	-17.16	-38.13
Net Cash Per Share	-0.81	-1.07	-2.12	-0.44	-0.40	-0.88
Filing Date Shares Outstanding	43.21	43.21	43.21	43.21	43.21	43.21
Total Common Shares Outstanding	43.21	43.21	43.21	43.21	43.21	43.21
Working Capital	35.7	26.06	126.32	60.59	75.55	51.86
Book Value Per Share	7.41	7.81	8.04	9.10	8.78	7.21
Tangible Book Value	239.5	236.72	241.03	268.78	264.46	207.43
Tangible Book Value Per Share	5.54	5.48	5.58	6.22	6.12	4.80
Land	-	209.16	205.83	204.84	204.49	199.19
Machinery	-	259.22	250.57	285.48	292.19	283.54
Construction In Progress	-	24.55	14.08	12.75	9.08	5.4

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