BUD:GSPARK Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Property, Plant & Equipment	1.04	202.69	215.44	211.3	214.87	213.69
Total Real Estate Assets	1.04	208.99	223.96	219.66	223.22	226.51
Cash & Equivalents	22.71	20.62	12.99	14.56	12.24	10.07
Accounts Receivable	1.49	0.74	1.57	1.1	1.25	0.56
Other Receivables	0.33	0.46	0.81	1.23	0.4	0.44
Investment In Debt and Equity Securities	-	2.8	3.5	5	8.12	0.03
Other Intangible Assets	0.03	0.04	0.03	0.06	0.07	0.09
Other Current Assets	3.34	2.68	2.57	2.53	3.86	2.31
Other Long-Term Assets	212.13	-	-	-	-	-
Total Assets	241.08	236.32	245.44	244.12	249.15	239.99
Current Portion of Long-Term Debt	-	16.17	13.23	5.51	5.31	5.24
Long-Term Debt	51.94	50.17	66.34	79.73	86.23	93.01
Accounts Payable	0.81	0.89	0.72	0.73	0.42	0.57
Accrued Expenses	-	0.17	0.11	0.07	2.08	0.08
Current Income Taxes Payable	0.97	0.52	0.47	0.4	0.46	0.3
Other Current Liabilities	3.58	3.41	3.47	4.78	3.78	3.05
Other Long-Term Liabilities	-	-	0.29	0.75	1.26	1.89
Total Liabilities	71	71.33	84.63	91.97	99.53	104.14
Common Stock	0.25	0.25	0.25	0.25	0.25	0.25
Retained Earnings	170.09	165.28	159.56	149.53	144.81	140.39
Treasury Stock	-1	-1	-0.98	-0.98	-0.97	-0.99
Comprehensive Income & Other	0.73	0.46	1.99	3.35	5.53	-3.8
Shareholders' Equity	170.08	164.99	160.81	152.16	149.62	135.85
Total Liabilities & Equity	241.08	236.32	245.44	244.12	249.15	239.99
Total Debt	65.64	66.34	79.57	85.24	91.54	98.25
Net Cash (Debt)	-42.93	-45.72	-66.58	-70.68	-79.31	-88.18
Net Cash Per Share	-4.25	-4.53	-6.60	-7.01	-7.87	-8.75
Filing Date Shares Outstanding	10.02	10.08	10.08	10.08	10.08	10.08
Total Common Shares Outstanding	10.02	10.08	10.08	10.08	10.08	10.08
Book Value Per Share	16.98	16.36	15.95	15.09	14.84	13.47
Tangible Book Value	170.05	164.96	160.78	152.1	149.55	135.76
Tangible Book Value Per Share	16.98	16.36	15.95	15.09	14.83	13.47