Universal Music Group N.V. (AMS:UMG)

Universal Music Group Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	451	553	413	439	585
Short-Term Investments	43	27	91	-	-
Cash & Short-Term Investments	494	580	504	439	585
Cash Growth	-14.83%	15.08%	14.81%	-24.96%	-48.77%
Accounts Receivable	2,607	2,497	2,246	2,014	1,803
Inventory	263	255	210	163	99
Other Current Assets	1,211	1,241	1,096	988	847
Total Current Assets	4,575	4,573	4,056	3,604	3,334
Net Property, Plant & Equipment	721	688	493	485	555
Other Intangible Assets	3,312	3,625	3,200	3,177	3,078
Goodwill	1,754	1,895	1,624	1,578	1,480
Long-Term Investments	4,438	3,823	1,658	846	1,701
Other Long-Term Assets	2,656	2,716	2,060	1,949	1,946
Total Assets	17,456	17,320	13,091	11,639	12,094
Accounts Payable	6,229	6,394	5,711	5,150	4,875
Short-Term Debt	549	873	278	1,137	318
Current Portion of Leases	81	66	86	77	80
Other Current Liabilities	347	291	192	156	119
Total Current Liabilities	7,206	7,624	6,267	6,520	5,392
Long-Term Debt	2,297	1,778	1,826	1,113	2,277
Long-Term Leases	480	475	324	346	421
Other Long-Term Liabilities	2,905	2,892	1,691	1,308	1,974
Total Long-Term Liabilities	5,682	5,145	3,841	2,767	4,672
Total Liabilities	12,888	12,769	10,108	9,287	10,064
Total Common Shareholders' Equity	4,543	4,526	2,962	2,351	2,030
Minority Interest	25	25	21	1	-
Shareholders' Equity	4,568	4,551	2,983	2,352	2,030
Total Liabilities & Equity	17,456	17,320	13,091	11,639	12,094
Total Debt	3,407	3,192	2,514	2,673	3,096
Net Cash (Debt)	-2,913	-2,612	-2,010	-2,234	-2,511
Net Cash Per Share	-1.57	-1.41	-1.09	-1.23	-1.38
Book Value	4,543	4,526	2,962	2,351	2,030
Book Value Per Share	2.45	2.44	1.61	1.29	1.12
Tangible Book Value	-523	-994	-1,862	-2,404	-2,528
Tangible Book Value Per Share	-0.28	-0.54	-1.01	-1.32	-1.39

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.