Below are the financial statements of Tourmaline Oil, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of CAD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Accounts receivable | 792.07a | 731.06a |
Prepaid expenses and deposits | 83.03a | 87.9a |
Fair value of financial instruments | 437.74a | 476.45a |
Income tax receivable | 39.92a | 0a |
Total current assets | 1,352.76a | 1,295.41a |
Assets | — | — |
Long-term asset | 8.53a | 2.11a |
Fair value of financial instruments | 667.36a | 719.54a |
Exploration and evaluation assets | 191.08a | 231.9a |
Property, plant and equipment | 19,633.29a | 17,214.63a |
Right-of-use asset | 30.06a | 25.76a |
Investment in Topaz | 428.47a | 608.03a |
Total assets | 22,311.54a | 20,097.38a |
Current liabilities | — | — |
Accounts payable and accrued liabilities | 1,329.63a | 1,101.3a |
Fair value of financial instruments | 122.37a | 38.91a |
Lease liabilities | 8.39a | 5.8a |
Decommissioning obligations | 60a | 45a |
Income tax payable | 0a | 402.68a |
Total current liabilities | 1,520.39a | 1,593.69a |
Liabilities and shareholders equity | — | — |
Fair value of financial instruments | 141.54a | 27.51a |
Lease liabilities | 23a | 20.51a |
Decommissioning obligations | 950.46a | 922.04a |
Bank debt | 574.34a | 651.59a |
Senior unsecured notes | 698.44a | 448.64a |
Deferred taxes | 2,859.82a | 2,417.65a |
Shareholders equity | — | — |
Share capital | 9,856.12a | 8,487.84a |
Contributed surplus | 426.9a | 345.57a |
Retained earnings | 5,260.54a | 5,182.34a |
Total shareholders equity | 15,543.56a | 14,015.75a |
Total liabilities and shareholders equity | 22,311.54a | 20,097.38a |
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