BUD:SPLUS Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	425.34	309.62	288.65	279.65	-	-
Cash & Equivalents	14.94	9.36	29.64	4.49	1.62	0
Accounts Receivable	6.26	8.18	8.06	11.93	-	-
Other Receivables	6.01	0.49	1	0.75	0.09	0
Investment In Debt and Equity Securities	-	-	-	-	-	0.72
Restricted Cash	11.71	43	9.93	9.45	-	-
Other Current Assets	-	1.01	0.76	4.61	-	-
Other Long-Term Assets	-	0.01	0.01	0	-	-
Total Assets	464.26	371.66	338.05	310.88	1.71	0.72
Current Portion of Long-Term Debt	1.55	6.28	5.91	5.53	-	-
Long-Term Debt	208.67	138.07	134.09	139.83	-	-
Accounts Payable	1.87	2.14	0.4	0.24	0.42	-
Accrued Expenses	-	4.66	5.61	13.05	0	0
Current Income Taxes Payable	0.06	0.18	0.2	0.03	-	-
Current Unearned Revenue	-	3.67	2.74	2.67	-	-
Other Current Liabilities	15.45	3.7	16.57	5.83	-	-
Long-Term Deferred Tax Liabilities	8.84	5.39	4.65	3.59	-	-
Other Long-Term Liabilities	8.56	6.79	7	15.94	-	-
Total Liabilities	245	170.88	177.16	191.71	0.42	0
Common Stock	1.5	1.5	1.31	0.96	0.02	0.02
Additional Paid-In Capital	152.19	152.19	130.52	95.36	1.6	-
Retained Earnings	58.95	44.48	30.22	22.59	-0.33	-0
Comprehensive Income & Other	-1.9	-1.69	-1.17	0.26	-	0.71
Total Common Equity	210.75	196.48	160.88	119.17	1.29	0.72
Minority Interest	8.51	4.31	-	-	-	-
Shareholders' Equity	219.25	200.78	160.88	119.17	1.29	0.72
Total Liabilities & Equity	464.26	371.66	338.05	310.88	1.71	0.72
Total Debt	210.21	144.35	140	150.37	-	-
Net Cash (Debt)	-195.28	-134.99	-110.36	-145.87	1.62	0
Net Cash (Debt) Growth	-	-	-	-	88418.22%	-
Net Cash Per Share	-13.36	-10.29	-10.76	-26.27	11.73	0.01
Filing Date Shares Outstanding	15	15	13.08	9.63	0.14	0.14
Total Common Shares Outstanding	15	15	13.08	9.63	0.14	0.14
Book Value Per Share	14.05	13.10	12.30	12.37	9.34	5.27
Tangible Book Value	210.75	196.48	160.88	119.17	1.29	0.72
Tangible Book Value Per Share	14.05	13.10	12.30	12.37	9.34	5.27

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