DSM-Firmenich AG Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,782	2,667	2,456	2,755	1,561
Short-Term Investments	121	50	107	125	489
Cash & Short-Term Investments	1,903	2,717	2,563	2,880	2,050
Cash Growth	-29.96%	6.01%	-11.01%	40.49%	124.29%
Accounts Receivable	1,841	2,589	2,553	1,508	1,604
Other Receivables	226	145	220	78	88
Receivables	2,083	2,757	2,842	1,610	1,692
Inventory	2,121	3,290	3,390	2,339	2,297
Other Current Assets	2,786	35	49	1,299	91
Total Current Assets	8,893	8,799	8,844	8,128	6,130
Property, Plant & Equipment	4,174	5,725	5,549	3,576	3,964
Long-Term Investments	389	568	721	196	259
Goodwill	9,447	11,247	11,293	2,984	2,929
Other Intangible Assets	5,937	6,831	7,445	2,163	2,380
Long-Term Deferred Tax Assets	227	299	228	95	203
Other Long-Term Assets	200	224	179	259	154
Total Assets	29,345	33,747	34,270	17,403	16,020
Accounts Payable	1,475	2,271	2,166	1,411	1,561
Accrued Expenses	377	643	481	324	414
Short-Term Debt	43	173	31	30	43
Current Portion of Long-Term Debt	1,540	573	604	14	12
Current Portion of Leases	77	90	84	44	49
Current Income Taxes Payable	303	223	177	64	77
Current Unearned Revenue	6	5	8	4	10
Other Current Liabilities	1,772	382	968	667	264
Total Current Liabilities	5,593	4,360	4,519	2,558	2,430
Long-Term Debt	3,231	4,010	3,783	2,843	2,842
Long-Term Leases	386	434	331	135	153
Long-Term Unearned Revenue	21	63	70	55	62
Pension & Post-Retirement Benefits	193	487	520	287	358
Long-Term Deferred Tax Liabilities	1,351	1,556	1,751	476	490
Other Long-Term Liabilities	147	140	226	204	288
Total Liabilities	10,922	11,050	11,200	6,558	6,623
Common Stock	3	3	3	328	328
Additional Paid-In Capital	10,934	11,313	11,731	471	471
Retained Earnings	8,406	10,632	10,744	9,777	8,540
Treasury Stock	-1,208	-147	-44	-196	-177
Comprehensive Income & Other	109	710	474	363	156
Total Common Equity	18,244	22,511	22,908	10,743	9,318
Minority Interest	179	186	162	102	79
Shareholders' Equity	18,423	22,697	23,070	10,845	9,397
Total Liabilities & Equity	29,345	33,747	34,270	17,403	16,020
Total Debt	5,277	5,280	4,833	3,066	3,099
Net Cash (Debt)	-3,374	-2,563	-2,270	-186	-1,049
Net Cash Per Share	-13.01	-9.69	-9.73	-1.07	-6.05
Filing Date Shares Outstanding	251.53	264.27	265.28	173.08	172.97
Total Common Shares Outstanding	251.53	264.27	265.28	173.08	172.97
Working Capital	3,300	4,439	4,325	5,570	3,700
Book Value Per Share	72.53	85.18	86.35	62.07	53.87
Tangible Book Value	2,860	4,433	4,170	5,596	4,009
Tangible Book Value Per Share	11.37	16.77	15.72	32.33	23.18
Land	1,963	2,886	2,956	1,929	2,108
Machinery	2,963	5,651	5,642	4,625	5,707
Construction In Progress	888	930	809	572	564

Source: S&P Global Market Intelligence. Standard template. Financial Sources.