TSXV:NET.UN 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
Property, Plant & Equipment	-	-	-	277.84	275.43	252.95
Cash & Equivalents	0.9	0.96	0.88	0.99	0.21	0.61
Other Current Assets	1.91	1.26	0.96	7.2	8.11	1.33
Deferred Long-Term Tax Assets	-	-	-	0.03	0.02	0.02
Other Long-Term Assets	315.98	316.5	299.48	22.29	19.3	23.26
Total Assets	318.79	318.72	301.32	308.35	303.06	278.17
Current Portion of Long-Term Debt	26.41	18.79	22.08	21.24	16.52	11.8
Long-Term Debt	136.78	145.62	132.19	134.72	144.36	130.03
Accounts Payable	1.87	1.57	1.37	1.9	1.94	0.93
Accrued Expenses	2.31	2.32	1.48	0.61	-	-
Current Income Taxes Payable	-	0.07	0.18	-	-	-
Current Unearned Revenue	1.78	1.43	1.29	1.26	1.24	0.97
Other Current Liabilities	-	-	-	2.78	3.5	0.64
Long-Term Deferred Tax Liabilities	0.27	0.27	-	0.31	0.29	0.3
Other Long-Term Liabilities	0.28	0.18	0.04	0.08	0.8	0.8
Total Liabilities	178.76	179.55	171.88	178.86	184.37	148.35
Common Stock	103.43	103.25	103.04	103.1	103.43	101.09
Additional Paid-In Capital	0.07	0.07	0.07	0.07	0.07	0.07
Retained Earnings	36.53	35.85	26.33	26.32	15.19	28.65
Shareholders' Equity	140.03	139.17	129.44	129.49	118.69	129.81
Total Liabilities & Equity	318.79	318.72	301.32	308.35	303.06	278.17
Total Debt	172.25	173.72	167.51	171.93	176.6	144.71
Net Cash (Debt)	-171.35	-172.77	-166.63	-170.94	-176.4	-144.1
Net Cash Per Share	-8.32	-8.39	-8.11	-8.31	-8.60	-7.76
Filing Date Shares Outstanding	20.63	20.6	20.56	20.53	20.59	20.27
Total Common Shares Outstanding	20.63	20.6	20.56	20.53	20.59	20.27
Book Value Per Share	6.79	6.76	6.30	6.31	5.76	6.40
Tangible Book Value	140.03	139.17	129.44	129.49	118.69	129.81
Tangible Book Value Per Share	6.79	6.76	6.30	6.31	5.76	6.40