Danone Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	1,983	1,475	2,363	1,051	659
Short-Term Investments	4,588	4,685	3,638	3,631	5,197
Cash & Short-Term Investments	6,571	6,160	6,001	4,682	5,856
Cash Growth	6.67%	2.65%	28.17%	-20.05%	37.05%
Accounts Receivable	3,042	2,922	2,919	3,272	2,862
Other Receivables	-	976	887	867	746
Receivables	3,044	3,900	3,809	4,142	3,616
Inventory	2,325	2,277	2,341	2,619	1,982
Other Current Assets	1,289	449	765	710	602
Total Current Assets	13,229	12,786	12,916	12,153	12,056
Property, Plant & Equipment	6,445	6,519	6,441	6,752	6,843
Long-Term Investments	1,008	1,322	1,131	1,266	1,329
Goodwill	17,275	18,062	17,340	17,938	17,871
Other Intangible Assets	5,861	5,946	5,754	6,301	6,182
Long-Term Deferred Tax Assets	534	528	746	735	890
Other Long-Term Assets	85	123	148	125	233
Total Assets	45,071	45,292	44,486	45,281	45,420
Accounts Payable	5,421	5,147	4,779	4,899	3,998
Accrued Expenses	-	3,203	2,955	3,036	2,618
Short-Term Debt	-	1,011	1,619	786	757
Current Portion of Long-Term Debt	5,045	3,403	3,722	2,639	3,077
Current Portion of Leases	-	213	192	203	215
Other Current Liabilities	4,159	755	715	567	413
Total Current Liabilities	14,625	13,732	13,982	12,130	11,078
Long-Term Debt	10,073	9,520	10,053	10,508	11,770
Long-Term Leases	-	655	687	730	767
Pension & Post-Retirement Benefits	771	870	873	745	1,074
Long-Term Deferred Tax Liabilities	1,461	1,480	1,489	1,583	1,502
Other Long-Term Liabilities	1,172	1,181	1,180	1,593	1,854
Total Liabilities	28,102	27,438	28,264	27,289	28,045
Common Stock	170	170	169	169	172
Additional Paid-In Capital	5,420	5,331	5,256	5,188	5,934
Retained Earnings	18,581	17,046	16,845	17,916	18,038
Treasury Stock	-1,978	-1,527	-1,552	-1,569	-2,380
Comprehensive Income & Other	-5,276	-3,225	-4,542	-3,781	-4,491
Total Common Equity	16,917	17,795	16,176	17,923	17,273
Minority Interest	52	59	46	69	102
Shareholders' Equity	16,969	17,854	16,222	17,992	17,375
Total Liabilities & Equity	45,071	45,292	44,486	45,281	45,420
Total Debt	15,118	14,802	16,273	14,866	16,586
Net Cash (Debt)	-8,547	-8,642	-10,272	-10,184	-10,730
Net Cash Per Share	-13.21	-13.41	-16.01	-15.93	-16.60
Filing Date Shares Outstanding	651.41	644.16	641.87	639.61	638.09
Total Common Shares Outstanding	651.41	644.16	641.87	639.61	638.09
Working Capital	-1,396	-946	-1,066	23	978
Book Value Per Share	25.97	27.63	25.20	28.02	27.07
Tangible Book Value	-6,219	-6,213	-6,918	-6,316	-6,780
Tangible Book Value Per Share	-9.55	-9.65	-10.78	-9.87	-10.63
Land	-	5,234	5,165	5,238	4,813
Machinery	-	9,257	8,472	8,964	8,764

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.