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Financial Statements — EMA
Balance Sheet
(in billions CAD)| Metric | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 |
|---|---|---|---|---|---|
| Short-term Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.16 |
| Inventory | 0.82 | 0.78 | 0.79 | 0.77 | 0.54 |
| Total Current Assets | 4.39 | 3.69 | 3.71 | 4.90 | 3.14 |
| Property, Plant & Equipment | 27.41 | 26.17 | 24.38 | 23.00 | 20.35 |
| Goodwill | 5.58 | 5.86 | 5.87 | 6.01 | 5.70 |
| Total Non-current Assets* | 40.43 | 39.26 | 35.77 | 34.85 | 31.11 |
| Total Assets | 44.82 | 42.95 | 39.48 | 39.74 | 34.24 |
| Accounts Payable | 1.95 | 1.99 | 1.45 | 2.03 | 1.49 |
| Short-term Debt | 1.81 | 1.40 | 1.43 | 2.73 | 1.74 |
| Total Current Liabilities | 6.63 | 5.12 | 4.54 | 7.29 | 4.88 |
| Long-term Debt | 18.45 | 18.17 | 17.69 | 15.74 | 14.20 |
| Total Non-current Liabilities | 24.79 | 24.55 | 22.85 | 21.01 | 19.22 |
| Total Liabilities* | 31.44 | 29.67 | 27.41 | 28.32 | 24.13 |
| Retained Earnings | 1.61 | 1.47 | 1.80 | 1.58 | 1.35 |
| Total Stockholder Equity | 13.38 | 13.28 | 12.07 | 11.43 | 10.12 |
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* Derived from reported values