BUD:SPLUS 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	648.79	430	309.62	288.65	279.65	-
Cash & Equivalents	27.61	31.77	9.36	29.64	4.49	1.62
Accounts Receivable	11.83	11.5	8.18	8.06	11.93	-
Other Receivables	46.85	80.47	0.49	1	0.75	0.09
Restricted Cash	14.81	13.71	43	9.93	9.45	-
Other Current Assets	-	0.74	1.01	0.76	4.61	-
Other Long-Term Assets	0	0	0.01	0.01	0	-
Total Assets	749.89	568.19	371.66	338.05	310.88	1.71
Current Portion of Long-Term Debt	44.29	1.55	6.28	5.91	5.53	-
Long-Term Debt	312.01	207.18	138.07	134.09	139.83	-
Accounts Payable	2.2	3.07	2.14	0.4	0.24	0.42
Accrued Expenses	-	6.21	4.66	5.61	13.05	0
Current Income Taxes Payable	0.15	0.1	0.18	0.2	0.03	-
Current Unearned Revenue	-	3.92	3.67	2.74	2.67	-
Other Current Liabilities	17.88	7.03	3.7	16.57	5.83	-
Long-Term Deferred Tax Liabilities	13.31	8.75	5.39	4.65	3.59	-
Other Long-Term Liabilities	9.41	8.47	6.79	7	15.94	-
Total Liabilities	399.26	246.27	170.88	177.16	191.71	0.42
Common Stock	2.43	2.43	1.5	1.31	0.96	0.02
Additional Paid-In Capital	248.04	248.07	152.19	130.52	95.36	1.6
Retained Earnings	92.19	64.58	44.48	30.22	22.59	-0.33
Comprehensive Income & Other	-0.61	-1.37	-1.69	-1.17	0.26	-
Total Common Equity	342.05	313.71	196.48	160.88	119.17	1.29
Minority Interest	8.58	8.21	4.31	-	-	-
Shareholders' Equity	350.64	321.92	200.78	160.88	119.17	1.29
Total Liabilities & Equity	749.89	568.19	371.66	338.05	310.88	1.71
Total Debt	356.3	208.73	144.35	140	150.37	-
Net Cash (Debt)	-328.69	-176.96	-134.99	-110.36	-145.87	1.62
Net Cash (Debt) Growth	-	-	-	-	-	88418.22%
Net Cash Per Share	-18.54	-11.23	-10.29	-10.76	-26.27	11.73
Filing Date Shares Outstanding	24.22	24.3	15	13.08	9.63	0.14
Total Common Shares Outstanding	24.22	24.3	15	13.08	9.63	0.14
Book Value Per Share	14.12	12.91	13.10	12.30	12.37	9.34
Tangible Book Value	342.05	313.71	196.48	160.88	119.17	1.29
Tangible Book Value Per Share	14.12	12.91	13.10	12.30	12.37	9.34