Heineken Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	2,831	4,773	2,350	2,377	2,765	3,248
Cash & Short-Term Investments	2,831	4,773	2,350	2,377	2,765	3,248
Cash Growth	37.03%	103.11%	-1.14%	-14.03%	-14.87%	-18.80%
Accounts Receivable	5,297	3,070	3,125	3,376	3,120	2,389
Other Receivables	245	1,124	1,066	1,307	1,010	962
Receivables	5,542	4,194	4,191	4,683	4,130	3,351
Inventory	3,535	3,263	3,572	3,721	3,250	2,438
Prepaid Expenses	-	520	562	532	485	408
Other Current Assets	316	143	224	86	385	133
Total Current Assets	12,224	12,893	10,899	11,399	11,015	9,578
Property, Plant & Equipment	15,392	14,537	14,677	14,772	13,623	12,401
Long-Term Investments	4,111	3,729	3,979	4,706	4,450	4,283
Goodwill	-	11,588	12,301	12,238	12,250	11,810
Other Intangible Assets	23,531	8,423	9,400	9,543	9,158	8,952
Long-Term Accounts Receivable	-	49	48	60	61	56
Long-Term Deferred Tax Assets	1,315	1,213	1,264	1,292	618	682
Other Long-Term Assets	1,226	1,307	1,201	1,133	1,216	1,060
Total Assets	58,044	53,753	53,773	55,153	52,406	48,850
Accounts Payable	10,318	5,830	5,986	5,735	5,852	4,631
Accrued Expenses	-	2,133	2,042	1,944	1,974	1,792
Short-Term Debt	1,512	961	1,090	1,443	1,704	1,254
Current Portion of Long-Term Debt	2,842	1,781	1,862	2,443	1,444	1,723
Current Portion of Leases	-	346	314	306	336	256
Current Income Taxes Payable	433	1,586	1,734	1,752	1,455	1,267
Other Current Liabilities	1,185	1,295	1,210	1,202	1,425	1,171
Total Current Liabilities	16,290	13,932	14,238	14,825	14,190	12,094
Long-Term Debt	14,694	15,021	12,753	13,085	11,988	12,790
Long-Term Leases	1,596	1,170	1,030	961	905	850
Pension & Post-Retirement Benefits	556	542	519	586	568	668
Long-Term Deferred Tax Liabilities	2,525	1,820	2,155	2,213	2,138	1,971
Other Long-Term Liabilities	677	654	676	694	697	777
Total Liabilities	36,338	33,139	31,371	32,364	30,486	29,150
Common Stock	905	922	922	922	922	922
Additional Paid-In Capital	2,701	2,701	2,701	2,701	2,701	2,701
Retained Earnings	21,585	21,662	21,184	21,054	19,593	17,669
Treasury Stock	-1,130	-1,310	-989	-966	-60	-37
Comprehensive Income & Other	-4,939	-5,997	-4,237	-3,655	-3,605	-3,899
Total Common Equity	19,122	17,978	19,581	20,056	19,551	17,356
Minority Interest	2,584	2,636	2,821	2,733	2,369	2,344
Shareholders' Equity	21,706	20,614	22,402	22,789	21,920	19,700
Total Liabilities & Equity	58,044	53,753	53,773	55,153	52,406	48,850
Total Debt	20,644	19,279	17,049	18,238	16,377	16,873
Net Cash (Debt)	-17,813	-14,506	-14,699	-15,861	-13,612	-13,625
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-32.29	-26.04	-26.22	-28.12	-23.63	-23.66
Filing Date Shares Outstanding	548.42	556.77	560.19	563.45	575.32	575.59
Total Common Shares Outstanding	548.42	556.77	560.19	563.45	575.32	575.59
Working Capital	-4,066	-1,039	-3,339	-3,426	-3,175	-2,516
Book Value Per Share	34.87	32.29	34.95	35.60	33.98	30.15
Tangible Book Value	-4,409	-2,033	-2,120	-1,725	-1,857	-3,406
Tangible Book Value Per Share	-8.04	-3.65	-3.78	-3.06	-3.23	-5.92
Land	-	8,635	8,311	8,283	7,765	7,534
Machinery	-	12,398	11,562	11,586	10,770	10,099
Construction In Progress	-	1,235	1,785	1,576	1,387	1,068