Company research
HYDRO ONE INC
CIK 1114445
Filing activity
Latest filing
50 filings on record · 6-K, SUPPL, FWP, F-X/A, F-X, 305B2.
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Financials
FY 2025 · CADSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsCAD | 39,572,000,000Source | 36,598,000,000Source | 32,707,000,000Source | 31,290,000,000Source |
| Property, Plant and Equipment, NetCAD | 31,309,000,000Source | 28,969,000,000Source | 26,757,000,000Source | 24,970,000,000Source |
| GoodwillCAD | 373,000,000Source | 373,000,000Source | 373,000,000Source | 373,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)CAD | 650,000,000Source | 656,000,000Source | 653,000,000Source | 605,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueCAD | 521,000,000Source | 690,000,000Source | 0Source | 458,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentCAD | 1,071,000,000Source | 909,000,000Source | 827,000,000Source | 765,000,000Source |
| Assets, CurrentCAD | 2,397,000,000Source | 2,329,000,000Source | 1,488,000,000Source | 1,952,000,000Source |
| Prepaid Expense and Other Assets, CurrentCAD | 87,000,000Source | 88,000,000Source | 44,000,000Source | 58,000,000Source |
| Operating Lease, Right-of-Use AssetCAD | 42,000,000Source | 54,000,000Source | 47,000,000Source | 53,000,000Source |
| Other Assets, NoncurrentCAD | 975,000,000Source | 761,000,000Source | 171,000,000Source | 422,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesCAD | 26,516,000,000Source | 24,121,000,000Source | 20,641,000,000Source | 19,608,000,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)CAD | 10,016,000,000Source | 9,454,000,000Source | 9,033,000,000Source | 8,634,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxCAD | -15,000,000Source | -18,000,000Source | -9,000,000Source | 5,000,000Source |
| Stockholders' Equity Attributable to ParentCAD | 12,958,000,000Source | 12,393,000,000Source | 11,981,000,000Source | 11,596,000,000Source |
| Liabilities and EquityCAD | 39,572,000,000Source | 36,598,000,000Source | 32,707,000,000Source | 31,290,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentCAD | 3,624,000,000Source | 3,538,000,000Source | 2,691,000,000Source | 3,608,000,000Source |
| Operating Lease, Liability, CurrentCAD | 14,000,000Source | 14,000,000Source | 11,000,000Source | 11,000,000Source |
| Operating Lease, Liability, NoncurrentCAD | 28,000,000Source | 40,000,000Source | 36,000,000Source | 42,000,000Source |
| Deferred Income Tax Liabilities, NetCAD | 1,799,000,000Source | 1,452,000,000Source | 1,067,000,000Source | 713,000,000Source |
| Other Liabilities, NoncurrentCAD | 1,804,000,000Source | 1,750,000,000Source | 1,689,000,000Source | 1,558,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestCAD | 79,000,000Source | 65,000,000Source | 65,000,000Source | 66,000,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetCAD | 1,788,000,000Source | 1,445,000,000Source | 1,062,000,000Source | 709,000,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesCAD | 925,000,000Source | 1,150,000,000Source | 700,000,000Source | 733,000,000Source |
| Long-term Debt, Excluding Current MaturitiesCAD | 17,668,000,000Source | 15,905,000,000Source | 14,286,000,000Source | 12,606,000,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountCAD | 19,000,000Source | 19,000,000Source | 20,000,000Source | 20,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestCAD | 1,364,000,000Source | 1,183,000,000Source | 1,101,000,000Source | 1,065,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationCAD | 956,000,000Source | 911,000,000Source | 856,000,000Source | 822,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableCAD | 162,000,000Source | 82,000,000Source | 62,000,000Source | 72,000,000Source |
| Increase (Decrease) in Accounts PayableCAD | 19,000,000Source | 6,000,000Source | 20,000,000Source | 22,000,000Source |
| Deferred Income Tax Expense (Benefit)CAD | 79,000,000Source | 149,000,000Source | 141,000,000Source | 254,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesCAD | 2,671,000,000Source | 2,593,000,000Source | 2,351,000,000Source | 2,185,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesCAD | -3,488,000,000Source | -3,109,000,000Source | -2,661,000,000Source | -2,036,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesCAD | -16,000,000Source | -2,000,000Source | -4,000,000Source | -14,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentCAD | 2,953,000,000Source | 2,705,000,000Source | 2,322,000,000Source | 1,942,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesCAD | 648,000,000Source | 1,206,000,000Source | -148,000,000Source | -190,000,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesCAD | -12,000,000Source | -15,000,000Source | -6,000,000Source | -10,000,000Source |
| Repayments of Long-term DebtCAD | 1,150,000,000Source | 700,000,000Source | 731,000,000Source | 603,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectCAD | -169,000,000Source | 690,000,000Source | -458,000,000Source | -41,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsCAD | 521,000,000Source | 690,000,000Source | 0Source | 458,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesCAD | 718,000,000Source | 637,000,000Source | 581,000,000Source | 517,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCAD | 88,000,000Source | 81,000,000Source | 76,000,000Source | 81,000,000Source |
| DepreciationCAD | 865,000,000Source | 819,000,000Source | 766,000,000Source | 708,000,000Source |
| Derivative, Gain (Loss) on Derivative, NetCAD | -4,000,000Source | 4,000,000Source | 2,000,000Source | 3,000,000Source |
| Gain (Loss) on Disposition of AssetsCAD | — | — | 1,000,000Source | 39,000,000Source |
| GoodwillCAD | 373,000,000Source | 373,000,000Source | 373,000,000Source | 373,000,000Source |
| Income (Loss) from Equity Method InvestmentsCAD | 10,000,000Source | — | — | — |
| Income Tax Expense (Benefit)CAD | 223,000,000Source | 188,000,000Source | 182,000,000Source | 290,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestCAD | 10,000,000Source | 9,000,000Source | 9,000,000Source | 8,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCAD | 1,354,000,000Source | 1,174,000,000Source | 1,092,000,000Source | 1,057,000,000Source |
| Proceeds from Noncontrolling InterestsCAD | 16,000,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueCAD | 8,993,000,000Source | 8,447,000,000Source | 7,799,000,000Source | 7,740,000,000Source |
| Cost of RevenueCAD | 4,486,000,000Source | 4,143,000,000Source | 3,652,000,000Source | 3,724,000,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)CAD | 2,248,000,000Source | 1,988,000,000Source | 1,845,000,000Source | 1,833,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestCAD | 1,587,000,000Source | 1,371,000,000Source | 1,283,000,000Source | 1,355,000,000Source |
| Income Tax Expense (Benefit)CAD | 223,000,000Source | 188,000,000Source | 182,000,000Source | 290,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestCAD | 10,000,000Source | 9,000,000Source | 9,000,000Source | 8,000,000Source |
| Earnings Per Share, BasicCAD/shares | 9,519Source | 8,254Source | 7,677Source | 7,431Source |
| Earnings Per Share, DilutedCAD/shares | 9,519Source | 8,254Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 142,239Source | 142,239Source | 142,239Source | 142,239Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCAD | 88,000,000Source | 81,000,000Source | 76,000,000Source | 81,000,000Source |
| Costs and ExpensesCAD | 6,745,000,000Source | 6,459,000,000Source | 5,954,000,000Source | 5,907,000,000Source |
| Current Income Tax Expense (Benefit)CAD | 144,000,000Source | 39,000,000Source | 41,000,000Source | 36,000,000Source |
| Depreciation, Depletion and Amortization, NonproductionCAD | 1,101,000,000Source | 1,057,000,000Source | 986,000,000Source | 957,000,000Source |
| Income (Loss) from Equity Method InvestmentsCAD | 10,000,000Source | — | — | — |
| Interest Expense, DebtCAD | 11,432,000,000Source | 10,411,000,000Source | 9,086,000,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicCAD | 1,354,000,000Source | 1,174,000,000Source | 1,092,000,000Source | 1,057,000,000Source |
| Utilities Operating Expense, Maintenance, Operations, and Other Costs and ExpensesCAD | 1,158,000,000Source | 1,259,000,000Source | 1,316,000,000Source | 1,226,000,000Source |