Heineken Holding 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	4,816	2,350	2,377	2,765	3,248
Cash & Short-Term Investments	4,816	2,350	2,377	2,765	3,248
Cash Growth	104.94%	-1.14%	-14.03%	-14.87%	-18.80%
Accounts Receivable	3,070	3,125	3,376	3,120	2,389
Other Receivables	1,124	1,066	1,307	1,010	962
Receivables	4,194	4,191	4,683	4,130	3,351
Inventory	3,263	3,572	3,721	3,250	2,438
Prepaid Expenses	520	562	532	485	408
Other Current Assets	143	224	86	385	133
Total Current Assets	12,936	10,899	11,399	11,015	9,578
Property, Plant & Equipment	14,537	14,677	14,772	13,623	12,401
Long-Term Investments	3,407	3,681	4,311	4,450	4,283
Goodwill	11,588	12,301	12,238	12,250	11,810
Other Intangible Assets	8,423	9,400	9,543	9,158	8,952
Long-Term Accounts Receivable	182	160	175	198	204
Long-Term Deferred Tax Assets	1,213	1,264	1,292	618	682
Other Long-Term Assets	1,174	1,089	1,018	1,079	912
Total Assets	53,474	53,475	54,758	52,406	48,850
Accounts Payable	5,830	5,986	5,735	5,852	4,631
Accrued Expenses	2,133	2,042	1,944	1,974	1,792
Short-Term Debt	961	1,090	1,443	1,704	1,254
Current Portion of Long-Term Debt	1,781	1,862	2,443	1,444	1,723
Current Portion of Leases	346	314	306	336	256
Current Income Taxes Payable	1,586	1,734	1,752	1,455	1,267
Other Current Liabilities	1,295	1,210	1,202	1,425	1,171
Total Current Liabilities	13,932	14,238	14,825	14,190	12,094
Long-Term Debt	15,021	12,753	13,085	11,988	12,790
Long-Term Leases	1,170	1,030	961	905	850
Pension & Post-Retirement Benefits	542	519	586	568	668
Long-Term Deferred Tax Liabilities	1,820	2,155	2,213	2,138	1,971
Other Long-Term Liabilities	654	676	694	697	777
Total Liabilities	33,139	31,371	32,364	30,486	29,150
Common Stock	461	461	461	461	461
Additional Paid-In Capital	1,257	1,257	1,257	1,257	1,257
Retained Earnings	10,599	10,308	10,247	9,789	8,834
Treasury Stock	-696	-390	-390	-	-
Comprehensive Income & Other	-2,991	-2,090	-1,842	-1,813	-1,959
Total Common Equity	8,630	9,546	9,733	9,694	8,593
Minority Interest	11,705	12,558	12,661	12,226	11,107
Shareholders' Equity	20,335	22,104	22,394	21,920	19,700
Total Liabilities & Equity	53,474	53,475	54,758	52,406	48,850
Total Debt	19,279	17,049	18,238	16,377	16,873
Net Cash (Debt)	-14,463	-14,699	-15,861	-13,612	-13,625
Net Cash Per Share	-51.45	-51.96	-55.86	-47.26	-47.30
Filing Date Shares Outstanding	277.97	282.87	282.87	288.03	288.03
Total Common Shares Outstanding	277.97	282.87	282.87	288.03	288.03
Working Capital	-996	-3,339	-3,426	-3,175	-2,516
Book Value Per Share	31.05	33.75	34.41	33.66	29.83
Tangible Book Value	-11,381	-12,155	-12,048	-11,714	-12,169
Tangible Book Value Per Share	-40.94	-42.97	-42.59	-40.67	-42.25
Land	8,635	8,311	8,283	7,765	7,534
Machinery	12,398	11,562	11,586	10,770	10,099
Construction In Progress	1,235	1,785	1,576	1,387	1,068

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