Western Energy Services 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	2.66	3.79	5.93	8.88	7.48
Cash & Short-Term Investments	2.66	3.79	5.93	8.88	7.48
Cash Growth	-29.80%	-36.17%	-33.21%	18.72%	-61.30%
Accounts Receivable	39.7	37.56	37.64	47.21	26.46
Other Current Assets	3.37	3.49	7.17	5.45	6.41
Total Current Assets	45.73	44.84	50.73	61.54	40.35
Net Property, Plant & Equipment	332.92	386.14	392.17	413.84	415.25
Other Long-Term Assets	-	-	0.03	0.32	0.41
Total Assets	378.65	430.98	442.93	475.71	456
Accounts Payable	21.36	27.59	26.56	34.46	24.59
Current Portion of Long-Term Debt	4.52	5.86	4.05	5.16	13.54
Current Portion of Leases	1.7	1.47	-	-	-
Total Current Liabilities	27.58	34.93	30.61	39.62	38.13
Long-Term Debt	81	91.66	111.17	126.53	226.88
Long-Term Leases	3.9	4.67	-	-	-
Other Long-Term Liabilities	0.72	3.88	5.49	7.03	4.49
Total Long-Term Liabilities	85.62	100.21	116.66	133.56	231.37
Total Liabilities	113.2	135.13	147.27	173.18	269.5
Common Stock	521.6	521.6	521.6	521.55	441.67
Additional Paid-in Capital	20.34	21.18	20.37	17.66	15.76
Accumulated Other Comprehensive Income	29.07	32.67	26.07	28.85	23.54
Retained Earnings	-307.83	-281.83	-274.68	-267.47	-296.47
Total Common Shareholders' Equity	263.19	293.62	293.37	300.59	184.51
Minority Interest	2.26	2.23	2.3	1.94	1.99
Shareholders' Equity	265.45	295.85	295.67	302.53	186.5
Total Liabilities & Equity	378.65	430.98	442.93	475.71	456
Total Debt	91.12	103.66	115.22	131.69	240.42
Net Cash (Debt)	-88.46	-99.88	-109.29	-122.81	-232.95
Net Cash Per Share	-	-2.95	-3.23	-5.21	-34.88
Book Value	263.19	293.62	293.37	300.59	184.51
Book Value Per Share	-	8.68	8.67	12.75	27.63
Tangible Book Value	263.19	293.62	293.37	300.59	184.51
Tangible Book Value Per Share	-	8.68	8.67	12.75	27.63

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