Jerónimo Martins, SGPS 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
Cash & Equivalents	1,698	1,823	1,938	1,781	1,494	1,041
Short-Term Investments	-	58	135	21	33	-
Trading Asset Securities	-	-	6	2	-	2
Cash & Short-Term Investments	1,698	1,881	2,079	1,804	1,527	1,043
Cash Growth	20.85%	-9.52%	15.24%	18.14%	46.41%	12.23%
Accounts Receivable	86	76	71	66	52	43
Other Receivables	824	860	709	541	417	367
Receivables	910	936	780	607	469	410
Inventory	1,967	1,997	1,790	1,493	1,108	974
Other Current Assets	26	20	19	13	8	7
Total Current Assets	4,601	4,834	4,668	3,917	3,112	2,434
Property, Plant & Equipment	9,730	9,266	8,451	6,866	6,241	5,984
Long-Term Investments	119	86	82	33	15	7
Goodwill	646	640	635	613	618	619
Other Intangible Assets	154	155	155	142	139	129
Long-Term Deferred Tax Assets	244	246	230	201	175	163
Long-Term Deferred Charges	5	5	3	3	3	12
Other Long-Term Assets	68	65	73	70	65	80
Total Assets	15,567	15,297	14,297	11,845	10,368	9,428
Accounts Payable	5,135	5,349	5,224	4,579	3,655	3,256
Accrued Expenses	968	940	942	785	711	611
Short-Term Debt	42	-	73	-	-	-
Current Portion of Long-Term Debt	601	496	412	232	113	160
Current Portion of Leases	648	607	530	430	394	377
Current Income Taxes Payable	28	9	94	55	47	50
Current Unearned Revenue	25	29	16	15	11	7
Other Current Liabilities	494	487	536	429	394	280
Total Current Liabilities	7,941	7,917	7,827	6,525	5,325	4,741
Long-Term Debt	420	507	280	238	347	364
Long-Term Leases	3,553	3,311	2,853	2,248	1,993	1,897
Pension & Post-Retirement Benefits	84	79	78	69	70	70
Long-Term Deferred Tax Liabilities	113	130	104	90	66	66
Other Long-Term Liabilities	105	100	88	90	35	33
Total Liabilities	12,216	12,044	11,230	9,260	7,836	7,171
Common Stock	629	629	629	629	629	629
Additional Paid-In Capital	22	22	22	22	22	22
Retained Earnings	2,572	2,460	2,278	1,869	1,773	1,491
Treasury Stock	-6	-6	-6	-6	-6	-6
Comprehensive Income & Other	-104	-99	-109	-183	-140	-128
Total Common Equity	3,113	3,006	2,814	2,331	2,278	2,008
Minority Interest	238	247	253	254	254	249
Shareholders' Equity	3,351	3,253	3,067	2,585	2,532	2,257
Total Liabilities & Equity	15,567	15,297	14,297	11,845	10,368	9,428
Total Debt	5,264	4,921	4,148	3,148	2,847	2,798
Net Cash (Debt)	-3,566	-3,040	-2,069	-1,344	-1,320	-1,755
Net Cash Per Share	-5.67	-4.84	-3.29	-2.14	-2.10	-2.79
Filing Date Shares Outstanding	628.43	628.43	628.43	628.43	628.43	628.43
Total Common Shares Outstanding	628.43	628.43	628.43	628.43	628.43	628.43
Working Capital	-3,340	-3,083	-3,159	-2,608	-2,213	-2,307
Book Value Per Share	4.95	4.78	4.48	3.71	3.62	3.20
Tangible Book Value	2,313	2,211	2,024	1,576	1,521	1,260
Tangible Book Value Per Share	3.68	3.52	3.22	2.51	2.42	2.00
Land	-	6,205	5,767	4,986	4,699	518
Buildings	-	-	-	-	-	3,987
Machinery	-	3,672	3,348	2,843	2,649	2,459
Construction In Progress	-	468	472	337	228	150

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