Vermilion 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	16.35	19.09	131.73	141.46	13.84	6.03
Cash & Short-Term Investments	16.35	19.09	131.73	141.46	13.84	6.03
Cash Growth	-30.50%	-85.51%	-6.88%	922.38%	129.53%	-12.69%
Accounts Receivable	268.32	261.53	298.49	242.93	373.65	328.58
Other Receivables	10.76	11.95	-	-	-	-
Receivables	279.07	273.49	298.49	242.93	373.65	328.58
Inventory	39.13	46.62	40.69	57.33	19.66	20.07
Prepaid Expenses	58.02	49.4	71.1	68.01	144.46	98.84
Other Current Assets	92.21	78.69	40.31	313.79	162.84	19.32
Total Current Assets	484.78	467.29	582.33	823.51	714.45	472.85
Property, Plant & Equipment	4,882	4,789	5,243	5,081	5,962	5,057
Long-Term Investments	45.51	43.89	78.86	73.26	56.37	-
Long-Term Deferred Tax Assets	113.89	19	197.71	182.05	125.53	374.99
Other Long-Term Assets	19.97	25.27	13.93	76.11	132.6	-
Total Assets	5,547	5,344	6,116	6,236	6,991	5,905
Accounts Payable	426.8	461.56	413.2	359.3	461.96	425.63
Current Portion of Leases	8.3	9.21	12.21	21.07	19.49	15.03
Current Income Taxes Payable	30.13	23.12	113.72	298.75	341.7	37.18
Other Current Liabilities	299.84	60.66	125.05	16.96	68.9	268.97
Total Current Liabilities	765.07	554.55	664.18	696.07	892.05	746.81
Long-Term Debt	1,254	1,243	963.46	914.02	1,081	1,652
Long-Term Leases	48.79	49.34	54.99	33	51.51	60.19
Long-Term Deferred Tax Liabilities	298.82	316.97	364.8	380.97	477.34	328.84
Other Long-Term Liabilities	1,135	958.1	1,257	1,180	1,088	1,052
Total Liabilities	3,502	3,122	3,305	3,204	3,590	3,839
Common Stock	3,863	3,872	3,919	4,143	4,244	4,242
Additional Paid-In Capital	48.92	46.47	45.23	43.35	35.41	49.53
Retained Earnings	-2,142	-1,980	-1,289	-1,264	-1,002	-2,254
Comprehensive Income & Other	274.91	283.76	135.85	109.3	123.51	28.47
Shareholders' Equity	2,045	2,222	2,811	3,032	3,401	2,066
Total Liabilities & Equity	5,547	5,344	6,116	6,236	6,991	5,905
Total Debt	1,311	1,302	1,031	968.08	1,152	1,727
Net Cash (Debt)	-1,295	-1,283	-898.92	-826.63	-1,139	-1,721
Net Cash Per Share	-8.44	-8.34	-5.69	-5.05	-6.76	-10.44
Filing Date Shares Outstanding	153.2	152.6	154.6	160.8	162.1	162.3
Total Common Shares Outstanding	152.6	152.95	154.34	162.27	163.23	162.26
Working Capital	-280.29	-87.26	-81.85	127.44	-177.6	-273.97
Book Value Per Share	13.40	14.53	18.21	18.68	20.84	12.73
Tangible Book Value	2,045	2,222	2,811	3,032	3,401	2,066
Tangible Book Value Per Share	13.40	14.53	18.21	18.68	20.84	12.73

Source: S&P Global Market Intelligence. Standard template. Financial Sources.