Below are the financial statements of TransAlta, 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 | 2022 |
|---|---|---|---|
| Revenues | 2,845a | 3,355a | 2,976a |
| Fuel and purchased power | -939a | -1,060a | -1,263a |
| Carbon compliance | -112a | -112a | -78a |
| Gross margin | 1,794a | 2,183a | 1,635a |
| Operations, maintenance and administration | -655a | -539a | -521a |
| Depreciation and amortization | -531a | -621a | -599a |
| Asset impairment charges (reversals) | -46a | -48a | -9a |
| Taxes, other than income taxes | -36a | -29a | -33a |
| Net other operating income | -59a | -47a | -58a |
| Operating income | 585a | 1,089a | 531a |
| Equity income | 5a | 4a | 9a |
| Finance lease income | 14a | 12a | 19a |
| Interest income | 30a | 59a | 24a |
| Interest expense | -324a | -281a | -286a |
| Foreign exchange gain (loss) | 5a | -7a | 4a |
| Gain on sale of assets and other | 4a | 4a | 52a |
| Earnings before income taxes | 319a | 880a | 353a |
| Income tax expense | -80a | -84a | -192a |
| Net earnings | 239a | 796a | 161a |
| Net earnings attributable to | — | — | — |
| TransAlta shareholders | 229a | 695a | 50a |
| Non-controlling interests | 10a | 101a | 111a |
| Net earnings attributable to TransAlta shareholders | 229a | 695a | 50a |
| Preferred share dividends | 52a | 51a | 46a |
| Net earnings attributable to common shareholders | 177a | 644a | 4a |
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