Canadian Utilities Limited (TSX:CU)

Canadian Utilities Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	347	171	207	698	753	781
Trading Asset Securities	2	226	220	5	-	-
Accounts Receivable	629	704	721	852	746	648
Other Receivables	-	59	84	61	55	42
Inventory	65	59	64	24	21	28
Prepaid Expenses	114	81	54	39	102	30
Other Current Assets	-	1	87	188	54	30
Total Current Assets	1,383	1,301	1,437	1,867	1,731	1,559
Property, Plant & Equipment	20,928	20,689	19,878	18,646	18,059	17,619
Goodwill	141	141	141	-	-	-
Other Intangible Assets	1,001	995	976	819	726	656
Long-Term Investments	245	242	234	282	204	165
Long-Term Deferred Tax Assets	42	37	30	26	33	72
Long-Term Accounts Receivable	109	117	131	141	152	164
Other Long-Term Assets	269	265	331	193	170	61
Total Assets	24,118	23,787	23,158	21,974	21,075	20,296
Accounts Payable	770	814	820	989	739	549
Short-Term Debt	429	251	-	-	209	3
Current Portion of Long-Term Debt	77	75	528	107	332	167
Current Portion of Leases	8	8	8	7	7	9
Current Income Taxes Payable	-	12	3	12	5	30
Other Current Liabilities	50	22	63	202	126	98
Total Current Liabilities	1,334	1,182	1,422	1,317	1,418	856
Long-Term Debt	10,758	10,736	10,008	9,436	8,977	8,907
Long-Term Leases	46	48	46	44	44	47
Pension & Post-Retirement Benefits	228	228	224	204	268	411
Long-Term Deferred Tax Liabilities	2,252	2,212	2,087	1,788	1,588	1,416
Other Long-Term Liabilities	2,287	2,260	2,215	2,119	1,958	1,851
Total Liabilities	16,905	16,666	16,002	14,908	14,253	13,488
Preferred Stock, Redeemable	1,571	1,601	1,601	1,601	1,601	1,510
Total Preferred Equity	1,571	1,571	1,571	1,571	1,571	1,483
Common Stock	1,299	1,295	1,276	1,251	1,230	1,248
Additional Paid-In Capital	15	16	14	9	8	8
Retained Earnings	4,083	3,999	4,084	3,936	3,862	3,928
Comprehensive Income & Other	35	28	-1	112	-36	-46
Total Common Equity	5,432	5,338	5,373	5,308	5,064	5,138
Minority Interest	210	212	212	187	187	187
Shareholders' Equity	7,213	7,121	7,156	7,066	6,822	6,808
Total Liabilities & Equity	24,118	23,787	23,158	21,974	21,075	20,296
Total Debt	11,318	11,118	10,590	9,594	9,569	9,133
Net Cash (Debt)	-10,743	-10,721	-10,163	-8,891	-8,816	-8,352
Net Cash Per Share	-39.56	-39.50	-37.60	-32.97	-32.61	-30.56
Filing Date Shares Outstanding	271.81	271.57	270.93	269.47	268.91	272.42
Total Common Shares Outstanding	271.65	271.56	270.93	269.47	268.91	272.42
Working Capital	49	119	15	550	313	703
Book Value Per Share	20.00	19.66	19.83	19.70	18.83	18.86
Tangible Book Value	4,290	4,202	4,256	4,489	4,338	4,482
Tangible Book Value Per Share	15.79	15.47	15.71	16.66	16.13	16.45
Land	796	791	764	760	756	700
Machinery	26,067	25,829	24,869	22,905	22,271	21,397
Construction In Progress	945	820	500	752	431	566

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.