RELX PLC Balance Sheet

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

Millions GBP. 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	131	119	155	334	113
Cash & Short-Term Investments	131	119	155	334	113
Cash Growth	10.08%	-23.23%	-53.59%	195.58%	28.41%
Accounts Receivable	2,468	2,186	2,029	2,080	1,634
Other Receivables	-	42	6	15	10
Receivables	2,468	2,228	2,035	2,095	1,644
Inventory	311	331	318	309	253
Prepaid Expenses	-	283	288	310	316
Other Current Assets	50	35	78	21	31
Total Current Assets	2,960	2,996	2,874	3,069	2,357
Property, Plant & Equipment	159	171	212	271	292
Long-Term Investments	295	261	275	286	212
Goodwill	7,930	8,216	8,023	8,388	7,366
Other Intangible Assets	3,072	3,164	3,238	3,524	3,304
Long-Term Deferred Tax Assets	75	84	128	146	210
Other Long-Term Assets	266	241	167	145	117
Total Assets	14,757	15,133	14,917	15,829	13,858
Accounts Payable	4,260	223	171	129	109
Accrued Expenses	-	1,032	1,016	1,003	859
Short-Term Debt	-	762	220	102	131
Current Portion of Long-Term Debt	1,541	612	1,036	701	32
Current Portion of Leases	30	38	57	67	69
Current Income Taxes Payable	153	119	163	249	192
Current Unearned Revenue	-	2,328	2,297	2,368	1,956
Other Current Liabilities	9	604	530	568	400
Total Current Liabilities	5,993	5,718	5,490	5,187	3,748
Long-Term Debt	5,629	5,067	5,100	5,745	5,796
Long-Term Leases	67	65	84	115	139
Pension & Post-Retirement Benefits	154	165	182	184	315
Long-Term Deferred Tax Liabilities	405	473	473	590	591
Other Long-Term Liabilities	119	141	149	254	45
Total Liabilities	12,367	11,629	11,478	12,075	10,634
Common Stock	264	272	275	279	286
Additional Paid-In Capital	1,647	1,605	1,558	1,517	1,491
Treasury Stock	-406	-722	-553	-414	-876
Comprehensive Income & Other	861	2,326	2,180	2,394	2,331
Total Common Equity	2,366	3,481	3,460	3,776	3,232
Minority Interest	24	23	-21	-22	-8
Shareholders' Equity	2,390	3,504	3,439	3,754	3,224
Total Liabilities & Equity	14,757	15,133	14,917	15,829	13,858
Total Debt	7,267	6,544	6,497	6,730	6,167
Net Cash (Debt)	-7,136	-6,425	-6,342	-6,396	-6,054
Net Cash Per Share	-3.87	-3.42	-3.33	-3.32	-3.12
Filing Date Shares Outstanding	1,819	1,856	1,882	1,910	1,929
Total Common Shares Outstanding	1,819	1,856	1,882	1,910	1,929
Working Capital	-3,033	-2,722	-2,616	-2,118	-1,391
Book Value Per Share	1.30	1.88	1.84	1.98	1.68
Tangible Book Value	-8,636	-7,899	-7,801	-8,136	-7,438
Tangible Book Value Per Share	-4.75	-4.26	-4.15	-4.26	-3.86
Land	-	7	8	10	10
Buildings	-	103	126	156	157
Machinery	-	288	373	452	516

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.