Brookfield Renewable Corporation

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

Income Statement

Balance Sheet

Cash Flow

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Total Revenue	938.0M	931.0M	952.0M	907.0M	987.0M
Operating Revenue	938.0M	931.0M	952.0M	907.0M	987.0M
Cost Of Revenue	404.0M	370.0M	353.0M	368.0M	457.0M
Gross Profit	534.0M	561.0M	599.0M	539.0M	530.0M
Depreciation And Amortization In Income Statement	301.0M	313.0M	319.0M	307.0M	292.0M
Other Operating Expenses	35.0M	26.0M	26.0M	23.0M	35.0M
Operating Expense	336.0M	339.0M	345.0M	330.0M	327.0M
Operating Income	198.0M	222.0M	254.0M	209.0M	203.0M
EBIT	-240.0M	164.0M	-1.0B	415.0M	1.7B
Interest Expense	436.0M	398.0M	425.0M	413.0M	635.0M
Interest Expense Non Operating	436.0M	398.0M	425.0M	413.0M	635.0M
Net Interest Income	-299.0M	-398.0M	-425.0M	-413.0M	-534.0M
Other Income Expense	-575.0M	-58.0M	-1.3B	206.0M	1.4B
Other Non Operating Income Expenses	-711.0M	-48.0M	-1.3B	229.0M	899.0M
Gain On Sale Of Security	143.0M	-5.0M	-26.0M	-21.0M	160.0M
Earnings From Equity Interest	-2.0M	-5.0M	1.0M	-2.0M	-2.0M
Pretax Income	-676.0M	-234.0M	-1.4B	2.0M	1.0B
Tax Provision	-10.0M	-9.0M	-1.0M	7.0M	101.0M
Tax Effect Of Unusual Items	2.0M	-190,000	-26,000	-4.4M	46.3M
Net Income From Continuing And Discontinued Operation	-706.0M	-233.0M	-1.4B	5.0M	761.0M
Net Income From Continuing Operation Net Minority Interest	-706.0M	-233.0M	-1.4B	5.0M	761.0M
Net Income Including Noncontrolling Interests	-666.0M	-225.0M	-1.4B	-5.0M	945.0M
Minority Interests	-40.0M	-8.0M	37.0M	10.0M	-184.0M
Net Income Common Stockholders	-706.0M	-233.0M	-1.4B	5.0M	761.0M
Net Income	-706.0M	-233.0M	-1.4B	5.0M	761.0M
EBITDA	61.0M	477.0M	-704.0M	722.0M	2.0B
Normalized EBITDA	-77.0M	482.0M	-678.0M	743.0M	1.5B
Reconciled Depreciation	301.0M	313.0M	319.0M	307.0M	292.0M
Basic EPS	-3.93	--	-7.85	0.03	4.24
Diluted EPS	-3.93	--	-7.85	0.03	4.24
Basic Average Shares	179.6M	--	179.6M	179.6M	179.6M
Diluted Average Shares	179.6M	--	179.6M	179.6M	179.6M
Total Unusual Items	138.0M	-5.0M	-26.0M	-21.0M	480.0M
Total Unusual Items Excluding Goodwill	138.0M	-5.0M	-26.0M	-21.0M	480.0M
Tax Rate For Calcs	0.01	0.04	0.00	0.21	0.10
Normalized Income	-842.0M	-228.2M	-1.4B	21.6M	327.3M
Depreciation Amortization Depletion Income Statement	301.0M	313.0M	319.0M	307.0M	292.0M
Depreciation Income Statement	301.0M	313.0M	319.0M	307.0M	292.0M
Diluted NI Availto Com Stockholders	-706.0M	-233.0M	-1.4B	5.0M	761.0M
Net Income Continuous Operations	-666.0M	-225.0M	-1.4B	-5.0M	945.0M
Net Non Operating Interest Income Expense	-299.0M	-398.0M	-425.0M	-413.0M	-534.0M
Reconciled Cost Of Revenue	404.0M	370.0M	353.0M	368.0M	457.0M
Total Expenses	740.0M	709.0M	698.0M	698.0M	784.0M

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Cash And Cash Equivalents	637.0M	522.0M	523.0M	376.0M	392.0M
Cash Cash Equivalents And Short Term Investments	637.0M	522.0M	523.0M	483.0M	392.0M
Cash Equivalents	261.0M	199.0M	198.0M	50.0M	107.0M
Cash Financial	376.0M	323.0M	325.0M	326.0M	285.0M
Other Short Term Investments	--	--	--	107.0M	--
Accounts Receivable	532.0M	518.0M	525.0M	479.0M	462.0M
Receivables	2.3B	3.5B	2.7B	1.8B	2.0B
Inventory	32.0M	51.0M	49.0M	38.0M	35.0M
Prepaid Assets	60.0M	88.0M	93.0M	25.0M	88.0M
Other Current Assets	56.0M	53.0M	53.0M	59.0M	50.0M
Current Assets	3.9B	5.9B	3.7B	2.8B	3.1B
Gross PPE	56.3B	38.9B	40.1B	39.7B	55.5B
Accumulated Depreciation	-16.6B	--	--	--	-16.8B
Net PPE	39.7B	38.9B	40.1B	39.7B	38.7B
Goodwill	809.0M	783.0M	755.0M	727.0M	692.0M
Goodwill And Other Intangible Assets	809.0M	783.0M	755.0M	727.0M	692.0M
Other Intangible Assets	--	--	--	--	5.0M
Investments And Advances	1.0B	966.0M	816.0M	1.5B	753.0M
Long Term Equity Investment	1.0B	966.0M	816.0M	774.0M	753.0M
Other Non Current Assets	108.0M	177.0M	160.0M	153.0M	69.0M
Total Non Current Assets	42.3B	41.4B	42.3B	42.2B	41.0B
Total Assets	46.3B	47.3B	46.0B	45.0B	44.1B
Current Debt	2.8B	1.9B	1.6B	1.3B	1.3B
Current Debt And Capital Lease Obligation	2.8B	1.9B	1.6B	1.4B	1.3B
Accounts Payable	338.0M	359.0M	134.0M	137.0M	172.0M
Payables	1.5B	1.9B	1.7B	749.0M	783.0M
Payables And Accrued Expenses	1.8B	2.2B	2.0B	1.1B	1.1B
Current Accrued Expenses	301.0M	265.0M	340.0M	360.0M	307.0M
Other Current Liabilities	10.9B	11.0B	10.1B	8.8B	8.8B
Current Liabilities	15.5B	15.1B	13.7B	11.2B	11.3B
Long Term Debt	12.5B	12.8B	12.8B	12.8B	12.5B
Long Term Debt And Capital Lease Obligation	12.8B	12.8B	12.8B	12.8B	12.8B
Long Term Capital Lease Obligation	271.0M	--	--	--	293.0M
Other Non Current Liabilities	120.0M	432.0M	469.0M	840.0M	77.0M
Total Non Current Liabilities Net Minority Interest	21.6B	21.7B	21.6B	21.3B	20.8B
Total Liabilities Net Minority Interest	37.0B	36.8B	35.3B	32.5B	32.0B
Common Stock Equity	-406.0M	-212.0M	116.0M	1.4B	1.3B
Stockholders Equity	-406.0M	-212.0M	116.0M	1.4B	1.3B
Total Equity Gross Minority Interest	9.2B	10.5B	10.8B	12.4B	12.1B
Minority Interest	9.6B	10.7B	10.6B	11.0B	10.8B
Total Capitalization	12.1B	12.6B	12.9B	14.2B	13.8B
Net Tangible Assets	-1.2B	-995.0M	-639.0M	709.0M	649.0M
Tangible Book Value	-1.2B	-995.0M	-639.0M	709.0M	649.0M
Working Capital	-11.5B	-9.2B	-10.0B	-8.4B	-8.1B
Invested Capital	14.9B	14.5B	14.5B	15.5B	15.1B
Total Debt	15.6B	14.7B	14.4B	14.1B	14.1B
Net Debt	14.6B	14.2B	13.8B	13.7B	13.4B
Share Issued	179.6M	179.6M	179.6M	179.6M	179.6M
Ordinary Shares Number	179.6M	179.6M	179.6M	179.6M	179.6M
Assets Held For Sale Current	466.0M	1.4B	14.0M	13.0M	12.0M
Capital Lease Obligations	300.0M	22.0M	27.0M	27.0M	318.0M
Construction In Progress	1.9B	1.5B	1.5B	1.5B	1.4B
Current Capital Lease Obligation	29.0M	22.0M	27.0M	27.0M	25.0M
Current Provisions	7.0M	6.0M	7.0M	7.0M	13.0M
Derivative Product Liabilities	474.0M	579.0M	471.0M	--	408.0M
Dividends Payable	17.0M	17.0M	17.0M	17.0M	17.0M
Duefrom Related Parties Current	1.6B	2.9B	2.1B	1.2B	1.4B
Duefrom Related Parties Non Current	--	--	--	--	9.0M
Dueto Related Parties Current	1.0B	1.5B	1.4B	521.0M	544.0M
Dueto Related Parties Non Current	485.0M	541.0M	548.0M	535.0M	541.0M
Employee Benefits	52.0M	--	--	--	46.0M
Financial Assets	435.0M	401.0M	419.0M	--	684.0M
Hedging Assets Current	157.0M	82.0M	92.0M	--	102.0M
Income Tax Payable	23.0M	12.0M	11.0M	23.0M	9.0M
Interest Payable	113.0M	131.0M	107.0M	118.0M	89.0M
Investmentin Financial Assets	--	--	--	714.0M	--
Long Term Provisions	349.0M	346.0M	441.0M	441.0M	416.0M
Non Current Accounts Receivable	80.0M	--	--	--	65.0M
Non Current Deferred Assets	179.0M	145.0M	87.0M	62.0M	56.0M
Non Current Deferred Liabilities	7.3B	7.0B	6.8B	6.7B	6.5B
Non Current Deferred Taxes Assets	179.0M	145.0M	87.0M	62.0M	56.0M
Non Current Deferred Taxes Liabilities	7.3B	7.0B	6.8B	6.7B	6.5B
Other Current Borrowings	2.8B	1.9B	1.6B	1.3B	1.3B
Other Equity Interest	-406.0M	-212.0M	116.0M	1.4B	1.3B
Other Payable	69.0M	59.0M	57.0M	51.0M	41.0M
Other Properties	126.0M	152.0M	174.0M	183.0M	284.0M
Other Receivables	94.0M	67.0M	65.0M	82.0M	65.0M
Restricted Cash	216.0M	163.0M	193.0M	391.0M	467.0M
Taxes Receivable	68.0M	65.0M	41.0M	36.0M	37.0M
Total Tax Payable	23.0M	12.0M	11.0M	23.0M	9.0M
Tradeand Other Payables Non Current	0.00	0.00	0.00	0.00	0.00

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Cash Flow	-6.0M	259.0M	139.0M	110.0M	-156.0M
Cash Flow From Continuing Operating Activities	-6.0M	259.0M	139.0M	110.0M	-156.0M
Depreciation And Amortization	301.0M	313.0M	319.0M	307.0M	292.0M
Depreciation Amortization Depletion	301.0M	313.0M	319.0M	307.0M	292.0M
Deferred Tax	-74.0M	-16.0M	-13.0M	-29.0M	64.0M
Deferred Income Tax	-74.0M	-16.0M	-13.0M	-29.0M	64.0M
Change In Working Capital	-105.0M	60.0M	-9.0M	5.0M	-79.0M
Change In Other Working Capital	-100.0M	60.0M	-9.0M	5.0M	41.0M
Other Non Cash Items	640.0M	120.0M	1.3B	-172.0M	-1.3B
Capital Expenditure	-348.0M	-240.0M	-302.0M	-248.0M	-311.0M
Purchase Of PPE	-348.0M	-240.0M	-302.0M	-248.0M	-311.0M
Net PPE Purchase And Sale	-348.0M	-240.0M	-302.0M	-248.0M	-311.0M
Purchase Of Business	-29.0M	-83.0M	-21.0M	-20.0M	-110.0M
Sale Of Business	--	--	--	--	--
Sale Of Investment	0.00	0.00	314.0M	--	0.00
Net Investment Purchase And Sale	0.00	0.00	314.0M	--	-575.0M
Investing Cash Flow	56.0M	-344.0M	-36.0M	-252.0M	-125.0M
Cash Flow From Continuing Investing Activities	56.0M	-344.0M	-36.0M	-252.0M	-125.0M
Issuance Of Debt	2.0B	1.0B	756.0M	804.0M	1.5B
Repayment Of Debt	-722.0M	-959.0M	-683.0M	-652.0M	-1.1B
Net Issuance Payments Of Debt	1.3B	79.0M	73.0M	152.0M	397.0M
Issuance Of Capital Stock	--	--	--	--	0.00
Net Common Stock Issuance	--	--	--	--	0.00
Financing Cash Flow	62.0M	109.0M	-179.0M	104.0M	303.0M
Cash Flow From Continuing Financing Activities	62.0M	109.0M	-179.0M	104.0M	303.0M
Effect Of Exchange Rate Changes	-6.0M	4.0M	19.0M	27.0M	-46.0M
Changes In Cash	112.0M	24.0M	-76.0M	-38.0M	22.0M
Beginning Cash Position	559.0M	556.0M	614.0M	624.0M	619.0M
End Cash Position	682.0M	559.0M	556.0M	614.0M	624.0M
Free Cash Flow	-354.0M	19.0M	-163.0M	-138.0M	-467.0M
Income Tax Paid Supplemental Data	51.0M	22.0M	28.0M	15.0M	27.0M
Interest Paid Supplemental Data	444.0M	355.0M	487.0M	244.0M	652.0M
Cash Dividends Paid	0.00	0.00	-5.0M	--	--
Common Stock Issuance	--	--	--	--	0.00
Depreciation	301.0M	313.0M	319.0M	307.0M	292.0M
Dividend Received Cfo	4.0M	2.0M	1.0M	--	63.0M
Earnings Losses From Equity Investments	2.0M	5.0M	-1.0M	2.0M	2.0M
Gain Loss On Investment Securities	--	--	--	2.0M	--
Long Term Debt Issuance	2.0B	1.0B	756.0M	804.0M	1.5B
Long Term Debt Payments	-722.0M	-959.0M	-683.0M	-652.0M	-1.1B
Net Business Purchase And Sale	-29.0M	-83.0M	-21.0M	-20.0M	-110.0M
Net Foreign Currency Exchange Gain Loss	--	--	--	2.0M	--
Net Income From Continuing Operations	-666.0M	-225.0M	-1.4B	-5.0M	945.0M
Net Long Term Debt Issuance	1.3B	79.0M	73.0M	152.0M	397.0M
Net Other Financing Charges	-1.3B	30.0M	-247.0M	-48.0M	-94.0M
Net Other Investing Changes	433.0M	-21.0M	-27.0M	16.0M	871.0M
Operating Gains Losses	2.0M	5.0M	-1.0M	4.0M	2.0M
Other Cash Adjustment Outside Changein Cash	17.0M	-25.0M	-1.0M	1.0M	29.0M
Unrealized Gain Loss On Investment Securities	-108.0M	0.00	7.0M	2.0M	-160.0M