BUD:BET Balance Sheet

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	9,837	8,655	4,164
Cash & Short-Term Investments	9,837	8,655	4,164
Cash Growth	-	107.85%	-
Receivables	702	1,062	1,785
Inventory	3	2	6
Prepaid Expenses	-	36	32
Total Current Assets	10,656	9,755	5,987
Property, Plant & Equipment	1,101	1,122	1,142
Long-Term Investments	20,534	18,366	16,891
Other Intangible Assets	177	235	304
Total Assets	32,489	29,500	24,342
Accounts Payable	98	78	111
Accrued Expenses	301	317	263
Current Portion of Leases	118	117	101
Current Income Taxes Payable	17	9	53
Current Unearned Revenue	193	56	58
Other Current Liabilities	-	470	657
Total Current Liabilities	727	1,047	1,243
Long-Term Leases	704	813	825
Pension & Post-Retirement Benefits	13	10	9
Long-Term Deferred Tax Liabilities	1,391	1,193	1,058
Total Liabilities	2,835	3,063	3,135
Common Stock	541	541	541
Retained Earnings	29,109	25,887	20,654
Comprehensive Income & Other	4	9	12
Shareholders' Equity	29,654	26,437	21,207
Total Liabilities & Equity	32,489	29,500	24,342
Total Debt	822	930	926
Net Cash (Debt)	9,015	7,725	3,238
Net Cash Growth	-	138.57%	-
Net Cash Per Share	1665.29	1426.99	598.14
Filing Date Shares Outstanding	5.41	5.41	5.41
Total Common Shares Outstanding	5.41	5.41	5.41
Working Capital	9,929	8,708	4,744
Book Value Per Share	5477.81	4883.55	3917.44
Tangible Book Value	29,477	26,202	20,903
Tangible Book Value Per Share	5445.11	4840.14	3861.29
Machinery	844	815	697

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