Telesat Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,756	1,669	1,678	1,450	818.38	1,027
Short-Term Investments	0.67	0.63	0.52	0.86	0.45	0.21
Cash & Cash Equivalents	1,757	1,670	1,678	1,450	818.83	1,027
Cash Growth	2.74%	-0.51%	15.71%	77.14%	-20.30%	-
Receivables	65.25	78.29	41.25	122.7	51.93	64.06
Other Current Assets	75.91	68.68	68.73	44.28	22.86	43.72
Total Current Assets	1,898	1,817	1,788	1,617	893.62	1,135
Property, Plant & Equipment	1,272	1,260	1,364	1,430	1,319	1,459
Long-Term Investments	6.68	6.63	10.48	16.35	53.43	57.73
Goodwill and Intangibles	3,182	3,139	3,203	3,209	3,226	3,249
Other Long-Term Assets	51.21	51.38	113.26	89.72	89.83	20.68
Total Long-Term Assets	4,512	4,458	4,691	4,745	4,688	4,787
Total Assets	6,410	6,274	6,480	6,362	5,581	5,922
Accounts Payable	51.59	43.63	43.56	54.63	30.09	26.25
Current Debt	49.89	29.06	48.4	36.65	35.88	62.69
Other Current Liabilities	60.94	65.04	79.44	90.68	96.16	72.32
Total Current Liabilities	162.42	137.73	171.4	181.96	162.13	161.25
Long-Term Debt	3,269	3,197	3,850	3,793	3,187	3,688
Other Long-Term Liabilities	532.74	540.63	617.96	691.61	771.98	826.98
Total Long-Term Liabilities	3,802	3,738	4,468	4,484	3,959	4,515
Total Liabilities	3,964	3,875	4,639	4,666	4,121	4,677
Total Debt	3,319	3,226	3,898	3,829	3,223	3,751
Debt Growth	-15.15%	-17.25%	1.81%	18.81%	-14.08%	-
Retained Earnings	523.24	534.06	356.27	350.03	1,267	1,031
Shareholders' Equity	680.28	661.92	481.44	415.67	1,460	1,245
Net Cash / Debt	-1,561.94	-1,556.36	-2,220.17	-2,378.79	-2,404.21	-2,723.65
Net Cash Per Share	-113.96	-116.00	-180.34	-52.66	-48.53	-54.68
Working Capital	1,736	1,679	1,617	1,435	731.49	973.97
Book Value Per Share	49.63	49.33	39.10	9.20	29.47	25.15

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).