BUD:BET Balance Sheet

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	-	8,655	4,164
Cash & Short-Term Investments	9,837	8,655	4,164
Cash Growth	13.66%	107.85%	-
Receivables	-	1,062	1,785
Inventory	-	2	6
Prepaid Expenses	-	36	32
Total Current Assets	-	9,755	5,987
Property, Plant & Equipment	-	1,122	1,142
Long-Term Investments	-	18,366	16,891
Other Intangible Assets	-	235	304
Total Assets	-	29,500	24,342
Accounts Payable	-	78	111
Accrued Expenses	-	317	263
Current Portion of Leases	-	117	101
Current Income Taxes Payable	-	9	53
Current Unearned Revenue	-	56	58
Other Current Liabilities	-	470	657
Total Current Liabilities	-	1,047	1,243
Long-Term Leases	-	813	825
Pension & Post-Retirement Benefits	-	10	9
Long-Term Deferred Tax Liabilities	-	1,193	1,058
Total Liabilities	-	3,063	3,135
Common Stock	-	541	541
Retained Earnings	-	25,887	20,654
Comprehensive Income & Other	-	9	12
Shareholders' Equity	29,654	26,437	21,207
Total Liabilities & Equity	-	29,500	24,342
Total Debt	822	930	926
Net Cash (Debt)	9,015	7,725	3,238
Net Cash Growth	16.70%	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	-	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	-	815	697

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