BUD:BET Balance Sheet

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	10,889	10,111	8,655	4,164
Cash & Short-Term Investments	10,889	10,111	8,655	4,164
Cash Growth	17.60%	16.82%	107.85%	-
Receivables	955	717	1,062	1,785
Inventory	2	12	2	6
Prepaid Expenses	139	42	36	32
Total Current Assets	11,985	10,882	9,755	5,987
Property, Plant & Equipment	657	1,063	1,122	1,142
Long-Term Investments	25,550	24,504	18,366	16,891
Other Intangible Assets	259	236	235	304
Total Assets	38,471	36,705	29,500	24,342
Accounts Payable	171	117	78	111
Accrued Expenses	239	309	317	263
Current Portion of Leases	129	117	117	101
Current Income Taxes Payable	56	25	9	53
Current Unearned Revenue	571	56	56	58
Other Current Liabilities	-	-	470	657
Total Current Liabilities	1,166	624	1,047	1,243
Long-Term Leases	265	664	813	825
Pension & Post-Retirement Benefits	14	14	10	9
Long-Term Deferred Tax Liabilities	3	4	1,193	1,058
Total Liabilities	1,448	1,306	3,063	3,135
Common Stock	541	541	541	541
Retained Earnings	36,490	34,851	25,887	20,654
Comprehensive Income & Other	-8	7	9	12
Shareholders' Equity	37,023	35,399	26,437	21,207
Total Liabilities & Equity	38,471	36,705	29,500	24,342
Total Debt	394	781	930	926
Net Cash (Debt)	10,495	9,330	7,725	3,238
Net Cash Growth	25.60%	20.78%	138.57%	-
Net Cash Per Share	1938.68	1723.48	1426.99	598.14
Filing Date Shares Outstanding	5.41	5.41	5.41	5.41
Total Common Shares Outstanding	5.41	5.41	5.41	5.41
Working Capital	10,819	10,258	8,708	4,744
Book Value Per Share	6839.04	6539.05	4883.55	3917.44
Tangible Book Value	36,764	35,163	26,202	20,903
Tangible Book Value Per Share	6791.19	6495.45	4840.14	3861.29
Machinery	-	863	815	697