AltaGas Ltd.

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024
Total Revenue	2.8B	4.0B	3.3B	2.8B	2.8B
Operating Revenue	2.5B	3.9B	3.2B	2.8B	2.7B
Cost Of Revenue	2.0B	2.8B	2.3B	2.2B	2.2B
Gross Profit	862.0M	1.2B	914.0M	573.0M	582.0M
Depreciation And Amortization In Income Statement	126.0M	128.0M	123.0M	119.0M	117.0M
Other Operating Expenses	431.0M	484.0M	491.0M	435.0M	427.0M
Operating Expense	557.0M	612.0M	473.0M	554.0M	544.0M
Operating Income	305.0M	593.0M	441.0M	19.0M	38.0M
EBIT	340.0M	628.0M	359.0M	130.0M	65.0M
Interest Expense	114.0M	115.0M	128.0M	110.0M	111.0M
Interest Expense Non Operating	114.0M	115.0M	128.0M	110.0M	111.0M
Net Interest Income	-114.0M	-115.0M	-115.0M	-110.0M	-111.0M
Other Income Expense	35.0M	35.0M	-95.0M	111.0M	27.0M
Other Non Operating Income Expenses	21.0M	21.0M	-134.0M	96.0M	19.0M
Gain On Sale Of Security	-1.0M	-2.0M	8.0M	-1.0M	1.0M
Earnings From Equity Interest	15.0M	16.0M	15.0M	16.0M	7.0M
Pretax Income	226.0M	513.0M	231.0M	20.0M	-46.0M
Tax Provision	44.0M	113.0M	22.0M	3.0M	-12.0M
Tax Effect Of Unusual Items	-194,690	-440,546	2.3M	-150,000	260,870
Net Income From Continuing And Discontinued Operation	180.0M	397.0M	208.0M	14.0M	-38.0M
Net Income From Continuing Operation Net Minority Interest	180.0M	397.0M	208.0M	14.0M	-38.0M
Net Income Including Noncontrolling Interests	182.0M	400.0M	209.0M	17.0M	-34.0M
Minority Interests	-2.0M	-3.0M	-1.0M	-3.0M	-4.0M
Net Income Common Stockholders	175.0M	392.0M	203.0M	9.0M	-42.0M
Net Income	180.0M	397.0M	208.0M	14.0M	-38.0M
EBITDA	466.0M	756.0M	482.0M	249.0M	182.0M
Normalized EBITDA	467.0M	758.0M	458.0M	250.0M	181.0M
Reconciled Depreciation	126.0M	128.0M	123.0M	119.0M	117.0M
Basic EPS	0.59	1.31	--	0.03	-0.14
Diluted EPS	0.58	1.31	--	0.03	-0.14
Basic Average Shares	299.1M	298.1M	--	297.6M	296.5M
Diluted Average Shares	299.8M	299.2M	--	298.8M	296.5M
Total Unusual Items	-1.0M	-2.0M	24.0M	-1.0M	1.0M
Total Unusual Items Excluding Goodwill	-1.0M	-2.0M	24.0M	-1.0M	1.0M
Tax Rate For Calcs	0.19	0.22	0.10	0.15	0.26
Normalized Income	180.8M	398.6M	186.3M	14.8M	-38.7M
Depreciation Amortization Depletion Income Statement	126.0M	128.0M	123.0M	119.0M	117.0M
Diluted NI Availto Com Stockholders	175.0M	392.0M	203.0M	9.0M	-42.0M
Net Income Continuous Operations	182.0M	400.0M	209.0M	17.0M	-34.0M
Net Non Operating Interest Income Expense	-114.0M	-115.0M	-115.0M	-110.0M	-111.0M
Preferred Stock Dividends	5.0M	5.0M	5.0M	5.0M	4.0M
Reconciled Cost Of Revenue	2.0B	2.8B	2.3B	2.2B	2.2B
Total Expenses	2.5B	3.4B	2.8B	2.7B	2.7B

Line Item	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024
Cash And Cash Equivalents	320.0M	197.0M	85.0M	772.0M	46.0M
Cash Cash Equivalents And Short Term Investments	320.0M	197.0M	85.0M	772.0M	46.0M
Accounts Receivable	1.3B	1.8B	1.6B	1.4B	1.4B
Receivables	1.3B	1.8B	1.8B	1.4B	1.4B
Inventory	574.0M	517.0M	676.0M	720.0M	734.0M
Other Current Assets	198.0M	247.0M	267.0M	216.0M	217.0M
Current Assets	2.5B	2.8B	2.8B	3.1B	2.5B
Gross PPE	15.1B	15.3B	17.8B	14.1B	13.9B
Accumulated Depreciation	--	--	-2.7B	--	--
Net PPE	15.1B	15.3B	15.1B	14.1B	13.9B
Goodwill	5.4B	5.7B	5.7B	5.4B	5.4B
Goodwill And Other Intangible Assets	5.6B	5.8B	5.8B	5.5B	5.6B
Other Intangible Assets	129.0M	127.0M	138.0M	142.0M	144.0M
Investments And Advances	731.0M	766.0M	769.0M	732.0M	727.0M
Long Term Equity Investment	731.0M	766.0M	769.0M	732.0M	727.0M
Other Non Current Assets	371.0M	386.0M	500.0M	395.0M	308.0M
Total Non Current Assets	22.8B	23.3B	23.3B	21.6B	21.4B
Total Assets	25.3B	26.2B	26.1B	24.7B	23.9B
Current Debt	452.0M	558.0M	868.0M	988.0M	858.0M
Current Debt And Capital Lease Obligation	612.0M	713.0M	1.0B	1.1B	993.0M
Payables And Accrued Expenses	1.8B	1.9B	2.1B	1.6B	1.7B
Current Deferred Revenue	66.0M	63.0M	98.0M	93.0M	72.0M
Other Current Liabilities	118.0M	247.0M	298.0M	220.0M	181.0M
Current Liabilities	2.6B	3.0B	3.5B	3.0B	2.9B
Long Term Debt	9.1B	9.2B	9.0B	9.3B	8.4B
Long Term Debt And Capital Lease Obligation	9.7B	9.7B	9.6B	9.7B	8.8B
Long Term Capital Lease Obligation	527.0M	523.0M	538.0M	439.0M	436.0M
Other Non Current Liabilities	1.4B	1.5B	1.4B	1.4B	1.4B
Total Non Current Liabilities Net Minority Interest	13.6B	13.7B	13.5B	13.5B	12.5B
Total Liabilities Net Minority Interest	16.2B	16.7B	17.0B	16.5B	15.5B
Common Stock	7.2B	7.2B	7.2B	7.2B	7.2B
Capital Stock	7.6B	7.6B	7.6B	7.6B	7.6B
Additional Paid In Capital	614.0M	615.0M	618.0M	618.0M	619.0M
Retained Earnings	-214.0M	-294.0M	-592.0M	-707.0M	-627.0M
Gains Losses Not Affecting Retained Earnings	619.0M	1.2B	1.2B	544.0M	723.0M
Other Equity Adjustments	619.0M	1.2B	1.2B	544.0M	723.0M
Common Stock Equity	8.2B	8.7B	8.4B	7.6B	7.9B
Stockholders Equity	8.6B	9.1B	8.8B	8.0B	8.3B
Total Equity Gross Minority Interest	9.1B	9.5B	9.0B	8.3B	8.5B
Minority Interest	458.0M	380.0M	294.0M	240.0M	197.0M
Total Capitalization	17.8B	18.3B	17.8B	17.3B	16.6B
Net Tangible Assets	3.1B	3.3B	2.9B	2.5B	2.7B
Tangible Book Value	2.7B	2.9B	2.5B	2.1B	2.3B
Working Capital	-95.0M	-143.0M	-681.0M	86.0M	-444.0M
Invested Capital	17.8B	18.4B	18.2B	17.9B	17.1B
Total Debt	10.3B	10.4B	10.6B	10.9B	9.8B
Net Debt	9.3B	9.5B	9.8B	9.5B	9.2B
Share Issued	299.2M	298.9M	297.9M	297.8M	297.2M
Ordinary Shares Number	299.2M	298.9M	297.9M	297.8M	297.2M
Allowance For Doubtful Accounts Receivable	-35.0M	-39.0M	--	-26.0M	-30.0M
Capital Lease Obligations	687.0M	678.0M	685.0M	561.0M	571.0M
Commercial Paper	--	--	10.0M	--	--
Current Capital Lease Obligation	160.0M	155.0M	147.0M	122.0M	135.0M
Current Deferred Liabilities	66.0M	63.0M	98.0M	93.0M	72.0M
Defined Pension Benefit	789.0M	824.0M	814.0M	744.0M	674.0M
Derivative Product Liabilities	138.0M	134.0M	160.0M	174.0M	140.0M
Duefrom Related Parties Non Current	14.0M	15.0M	16.0M	16.0M	17.0M
Employee Benefits	43.0M	47.0M	114.0M	47.0M	49.0M
Financial Assets	74.0M	67.0M	63.0M	56.0M	85.0M
Finished Goods	313.0M	196.0M	343.0M	389.0M	343.0M
Gross Accounts Receivable	1.4B	1.8B	--	1.4B	1.4B
Hedging Assets Current	51.0M	71.0M	25.0M	40.0M	82.0M
Long Term Provisions	486.0M	479.0M	482.0M	461.0M	462.0M
Non Current Accounts Receivable	33.0M	34.0M	35.0M	34.0M	66.0M
Non Current Deferred Assets	48.0M	48.0M	47.0M	38.0M	42.0M
Non Current Deferred Liabilities	1.8B	1.9B	1.8B	1.6B	1.7B
Non Current Deferred Revenue	--	--	24.0M	--	--
Non Current Deferred Taxes Liabilities	1.8B	1.9B	1.8B	1.6B	1.7B
Non Current Pension And Other Postretirement Benefit Plans	--	--	49.0M	--	--
Non Current Prepaid Assets	71.0M	72.0M	72.0M	70.0M	96.0M
Other Current Borrowings	452.0M	558.0M	858.0M	988.0M	858.0M
Other Inventories	149.0M	177.0M	165.0M	218.0M	222.0M
Other Properties	15.1B	15.3B	1.5B	14.1B	13.9B
Other Receivables	--	--	158.0M	--	--
Preferred Shares Number	16.0M	16.0M	16.0M	16.0M	16.0M
Preferred Stock	391.0M	391.0M	391.0M	391.0M	391.0M
Preferred Stock Equity	391.0M	391.0M	391.0M	391.0M	391.0M
Raw Materials	112.0M	144.0M	168.0M	113.0M	169.0M
Receivables Adjustments Allowances	--	--	-31.0M	--	--
Tradeand Other Payables Non Current	1.0M	1.0M	2.0M	1.0M	1.0M

Line Item	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024
Operating Cash Flow	365.0M	627.0M	508.0M	21.0M	452.0M
Cash Flow From Continuing Operating Activities	365.0M	627.0M	508.0M	21.0M	452.0M
Depreciation And Amortization	126.0M	128.0M	123.0M	119.0M	117.0M
Depreciation Amortization Depletion	126.0M	128.0M	123.0M	119.0M	117.0M
Deferred Tax	42.0M	79.0M	25.0M	-9.0M	-17.0M
Deferred Income Tax	42.0M	79.0M	25.0M	-9.0M	-17.0M
Change In Working Capital	142.0M	87.0M	129.0M	-64.0M	292.0M
Changes In Account Receivables	376.0M	-43.0M	-265.0M	32.0M	396.0M
Change In Receivables	376.0M	-43.0M	-265.0M	32.0M	396.0M
Change In Inventory	-82.0M	161.0M	-3.0M	14.0M	-150.0M
Change In Payables And Accrued Expense	-145.0M	-117.0M	385.0M	-107.0M	6.0M
Change In Other Working Capital	-2.0M	78.0M	-45.0M	-39.0M	21.0M
Change In Other Current Assets	22.0M	49.0M	-4.0M	5.0M	-6.0M
Change In Other Current Liabilities	-54.0M	-57.0M	100.0M	13.0M	-22.0M
Other Non Cash Items	9.0M	13.0M	2.0M	17.0M	11.0M
Capital Expenditure	-356.0M	-351.0M	-401.0M	-407.0M	-305.0M
Purchase Of Business	-1.0M	-1.0M	-1.0M	0.00	-1.0M
Sale Of Business	--	--	0.00	14.0M	--
Investing Cash Flow	-357.0M	-352.0M	-402.0M	-393.0M	-305.0M
Cash Flow From Continuing Investing Activities	-357.0M	-352.0M	-402.0M	-393.0M	-305.0M
Issuance Of Debt	639.0M	142.0M	1.3B	240.0M	314.0M
Repayment Of Debt	-507.0M	-308.0M	-880.0M	-314.0M	-455.0M
Net Issuance Payments Of Debt	132.0M	-166.0M	455.0M	-74.0M	-141.0M
Common Stock Dividend Paid	-95.0M	-94.0M	-88.0M	-89.0M	-88.0M
Financing Cash Flow	114.0M	-164.0M	-793.0M	1.1B	-202.0M
Cash Flow From Continuing Financing Activities	114.0M	-164.0M	-793.0M	1.1B	-202.0M
Changes In Cash	122.0M	111.0M	-687.0M	725.0M	-55.0M
Beginning Cash Position	203.0M	92.0M	779.0M	54.0M	109.0M
End Cash Position	325.0M	203.0M	92.0M	779.0M	54.0M
Free Cash Flow	9.0M	276.0M	107.0M	-386.0M	147.0M
Capital Expenditure Reported	-356.0M	-351.0M	-401.0M	-407.0M	-305.0M
Cash Dividends Paid	-100.0M	-99.0M	-93.0M	-94.0M	-92.0M
Change In Prepaid Assets	27.0M	16.0M	-39.0M	18.0M	47.0M
Dividend Received Cfo	20.0M	20.0M	17.0M	4.0M	4.0M
Earnings Losses From Equity Investments	-15.0M	-16.0M	-15.0M	-16.0M	-7.0M
Gain Loss On Investment Securities	-131.0M	-85.0M	2.0M	37.0M	90.0M
Long Term Debt Issuance	639.0M	142.0M	1.3B	240.0M	314.0M
Long Term Debt Payments	-507.0M	-308.0M	-880.0M	-314.0M	-455.0M
Net Business Purchase And Sale	-1.0M	-1.0M	-1.0M	14.0M	-1.0M
Net Income From Continuing Operations	182.0M	400.0M	209.0M	17.0M	-34.0M
Net Long Term Debt Issuance	132.0M	-166.0M	455.0M	-74.0M	-141.0M
Net Other Financing Charges	76.0M	83.0M	-1.2B	1.3B	6.0M
Net Other Investing Changes	--	--	0.00	--	1.0M
Operating Gains Losses	-160.0M	-116.0M	-29.0M	-69.0M	74.0M
Pension And Employee Benefit Expense	-15.0M	-17.0M	-12.0M	-76.0M	-12.0M
Preferred Stock Dividend Paid	-5.0M	-5.0M	-5.0M	-5.0M	-4.0M
Proceeds From Stock Option Exercised	6.0M	18.0M	3.0M	10.0M	25.0M
Provisionand Write Offof Assets	4.0M	16.0M	32.0M	6.0M	5.0M