Bayer Aktiengesellschaft Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Cash & Equivalents	9,256	6,671	6,191	5,907	5,171	4,564
Short-Term Investments	3,346	36	75	755	32	669
Trading Asset Securities	-	1,149	1,821	3,925	4,950	2,506
Cash & Short-Term Investments	12,602	7,856	8,087	10,587	10,153	7,739
Cash Growth	74.01%	-2.86%	-23.61%	4.28%	31.19%	-34.87%
Accounts Receivable	10,402	9,082	8,973	9,348	10,317	10,052
Other Receivables	4,210	3,088	3,215	3,174	3,133	2,928
Receivables	14,612	12,170	12,188	12,522	13,450	12,980
Inventory	12,345	12,378	13,467	13,947	13,636	11,314
Other Current Assets	45	507	702	500	521	545
Total Current Assets	39,604	32,911	34,444	37,556	37,760	32,578
Property, Plant & Equipment	12,736	12,649	13,456	13,321	13,674	12,688
Long-Term Investments	3,005	2,670	3,022	3,060	2,895	2,612
Goodwill	28,844	28,061	30,016	32,299	39,648	40,106
Other Intangible Assets	19,825	20,622	22,112	19,822	20,419	21,958
Long-Term Accounts Receivable	-	34	20	23	24	24
Long-Term Deferred Tax Assets	6,660	5,745	6,164	5,471	5,605	4,580
Long-Term Deferred Charges	-	39	35	3,558	3,797	4,312
Other Long-Term Assets	2,795	1,810	1,581	1,149	1,055	1,383
Total Assets	113,469	104,541	110,850	116,259	124,877	120,241

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	6,707	7,081	7,518	7,456	7,545	6,792
Accrued Expenses	-	3,754	1,700	1,274	1,236	1,123
Current Portion of Long-Term Debt	5,723	5,487	5,004	6,536	7,579	4,155
Current Portion of Leases	-	259	309	294	282	236
Current Income Taxes Payable	1,081	678	547	619	1,056	686
Current Unearned Revenue	1,173	3,761	3,684	3,911	4,198	4,091
Other Current Liabilities	14,720	11,565	10,190	9,367	13,188	12,320
Total Current Liabilities	29,404	32,585	28,952	29,457	35,084	29,403
Long-Term Debt	37,702	30,806	34,559	37,232	32,839	35,552
Long-Term Leases	-	1,027	939	944	952	929
Long-Term Unearned Revenue	70	209	343	467	602	810
Pension & Post-Retirement Benefits	1,625	2,090	3,312	4,014	4,388	7,175
Long-Term Deferred Tax Liabilities	664	769	865	790	727	931
Other Long-Term Liabilities	11,702	10,992	9,835	10,277	11,359	12,273
Total Liabilities	81,167	78,478	78,805	83,181	85,951	87,073

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	2,515	2,515	2,515	2,515	2,515	2,515
Retained Earnings	-	6,726	9,867	12,175	17,233	13,345
Comprehensive Income & Other	26,660	16,706	19,526	18,237	19,025	17,160
Total Common Equity	29,175	25,947	31,908	32,927	38,773	33,020
Minority Interest	3,127	116	137	151	153	148
Shareholders' Equity	32,302	26,063	32,045	33,078	38,926	33,168
Total Liabilities & Equity	113,469	104,541	110,850	116,259	124,877	120,241

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	43,425	37,579	40,811	45,006	41,652	40,872
Net Cash (Debt)	-30,823	-29,723	-32,724	-34,419	-31,499	-33,133
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-31.37	-30.25	-33.31	-35.03	-32.06	-33.73
Filing Date Shares Outstanding	982.42	982.42	982.42	982.42	982.42	982.42
Total Common Shares Outstanding	982.42	982.42	982.42	982.42	982.42	982.42
Working Capital	10,200	326	5,492	8,099	2,676	3,175
Book Value Per Share	29.70	26.41	32.48	33.52	39.47	33.61
Tangible Book Value	-19,494	-22,736	-20,220	-19,194	-21,294	-29,044
Tangible Book Value Per Share	-19.84	-23.14	-20.58	-19.54	-21.67	-29.56
Land	-	11,220	11,574	10,739	10,478	9,827
Machinery	-	16,055	16,637	15,346	14,585	13,235
Construction In Progress	-	2,532	3,011	3,172	3,274	3,126