Pembina Pipeline Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	252	106	141	137	94	43
Trading Asset Securities	-	-	-	-	-	1
Cash & Short-Term Investments	252	106	141	137	94	44
Cash Growth	69.13%	-24.82%	2.92%	45.75%	113.64%	-45.68%
Accounts Receivable	1,061	686	844	698	696	743
Other Receivables	13	135	239	1,356	166	37
Receivables	1,074	821	1,083	2,054	862	780
Inventory	353	284	301	333	269	376
Prepaid Expenses	-	34	35	28	32	32
Other Current Assets	17	14	13	81	105	13
Total Current Assets	1,696	1,259	1,573	2,633	1,362	1,245
Property, Plant & Equipment	23,232	23,076	23,268	16,321	16,036	18,774
Long-Term Investments	4,620	4,344	4,267	6,987	7,382	4,630
Goodwill	-	4,988	5,024	4,551	4,557	4,693
Other Intangible Assets	6,301	1,357	1,504	1,514	1,574	1,545
Long-Term Accounts Receivable	208	239	223	230	219	211
Long-Term Deferred Tax Assets	-	-	-	285	261	257
Other Long-Term Assets	510	292	108	97	96	101
Total Assets	36,567	35,555	35,967	32,618	31,487	31,456

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,403	559	530	555	571	625
Current Portion of Long-Term Debt	600	600	1,525	650	600	1,000
Current Portion of Leases	86	83	89	77	79	88
Current Unearned Revenue	48	39	43	33	56	71
Other Current Liabilities	123	784	721	1,906	752	606
Total Current Liabilities	2,260	2,065	2,908	3,221	2,058	2,390
Long-Term Debt	12,503	12,088	11,131	9,849	10,000	10,239
Long-Term Leases	511	539	576	567	596	635
Long-Term Unearned Revenue	295	305	255	126	138	220
Long-Term Deferred Tax Liabilities	3,102	2,957	2,868	2,623	2,507	3,011
Other Long-Term Liabilities	703	830	719	419	399	598
Total Liabilities	19,374	18,784	18,457	16,805	15,698	17,093

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	17,017	17,016	17,008	15,765	15,793	15,678
Retained Earnings	-2,158	-2,381	-2,303	-2,372	-2,613	-3,920
Comprehensive Income & Other	612	407	641	221	341	28
Total Common Equity	15,471	15,042	15,346	13,614	13,521	11,786
Minority Interest	-	-	-	-	60	60
Shareholders' Equity	17,193	16,771	17,510	15,813	15,789	14,363
Total Liabilities & Equity	36,567	35,555	35,967	32,618	31,487	31,456

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	13,700	13,310	13,321	11,143	11,275	11,962
Net Cash (Debt)	-13,448	-13,204	-13,180	-11,006	-11,181	-11,918
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-23.11	-22.69	-22.96	-19.97	-20.18	-21.63
Filing Date Shares Outstanding	581.59	581.23	580.6	549.47	550.34	550.34
Total Common Shares Outstanding	582	581	581	549	550	550
Working Capital	-564	-806	-1,335	-588	-696	-1,145
Book Value Per Share	26.58	25.89	26.41	24.80	24.58	21.43
Tangible Book Value	9,170	8,697	8,818	7,549	7,390	5,548
Tangible Book Value Per Share	15.76	14.97	15.18	13.75	13.44	10.09
Land	652	650	694	480	481	456
Construction In Progress	800	1,001	565	588	367	915

SEC Filings: 10-K · 10-Q