Nestlé Balance Sheet

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

Millions CHF. 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	4,579	5,556	4,816	5,511	6,988
Short-Term Investments	1,651	2,315	1,035	1,176	7,007
Trading Asset Securities	-	-	-	57	43
Cash & Short-Term Investments	6,230	7,871	5,851	6,744	14,038
Cash Growth	-20.85%	34.52%	-13.24%	-51.96%	61.26%
Accounts Receivable	8,749	9,419	9,001	8,831	8,572
Other Receivables	3,195	3,166	3,278	3,570	3,787
Receivables	11,944	12,585	12,279	12,401	12,359
Inventory	12,813	13,260	11,896	15,019	11,982
Prepaid Expenses	479	543	521	549	575
Other Current Assets	503	929	310	349	303
Total Current Assets	31,969	35,188	30,857	35,062	39,257
Property, Plant & Equipment	32,549	33,706	30,467	30,141	28,345
Long-Term Investments	15,737	17,976	16,035	16,276	14,630
Goodwill	27,636	30,595	28,693	31,262	31,012
Other Intangible Assets	16,673	19,245	18,225	20,237	22,223
Long-Term Deferred Tax Assets	946	995	1,181	1,043	1,258
Other Long-Term Assets	1,641	1,559	1,092	1,161	2,417
Total Assets	127,151	139,264	126,550	135,182	139,142
Accounts Payable	16,097	16,685	14,195	15,798	15,625
Accrued Expenses	7,089	7,158	6,777	6,880	6,923
Short-Term Debt	3,482	4,600	2,213	3,822	4,303
Current Portion of Long-Term Debt	7,450	6,176	6,328	6,412	5,473
Current Portion of Leases	674	1,087	875	658	635
Current Income Taxes Payable	2,338	2,435	2,360	2,447	2,962
Other Current Liabilities	3,564	4,722	4,336	3,959	4,099
Total Current Liabilities	40,694	42,863	37,084	39,976	40,020
Long-Term Debt	44,317	49,822	43,791	41,086	34,187
Long-Term Leases	1,929	1,875	2,034	2,334	2,295
Pension & Post-Retirement Benefits	2,299	2,629	2,718	2,884	3,779
Long-Term Deferred Tax Liabilities	3,554	3,767	2,886	3,671	3,794
Other Long-Term Liabilities	1,300	1,615	1,650	2,439	1,340
Total Liabilities	94,093	102,571	90,163	92,390	85,415
Common Stock	258	262	267	275	282
Retained Earnings	63,551	66,363	68,261	74,632	81,363
Treasury Stock	-388	-4,283	-5,155	-9,303	-6,194
Comprehensive Income & Other	-30,611	-26,425	-27,631	-23,622	-22,311
Total Common Equity	32,810	35,917	35,742	41,982	53,140
Minority Interest	248	776	645	810	587
Shareholders' Equity	33,058	36,693	36,387	42,792	53,727
Total Liabilities & Equity	127,151	139,264	126,550	135,182	139,142
Total Debt	57,852	63,560	55,241	54,312	46,893
Net Cash (Debt)	-51,622	-55,689	-49,390	-47,568	-32,855
Net Cash Per Share	-20.04	-21.43	-18.65	-17.56	-11.77
Filing Date Shares Outstanding	2,572	2,573	2,621	2,668	2,760
Total Common Shares Outstanding	2,572	2,573	2,621	2,668	2,760
Working Capital	-8,725	-7,675	-6,227	-4,914	-763
Book Value Per Share	12.76	13.96	13.64	15.73	19.26
Tangible Book Value	-11,499	-13,923	-11,176	-9,517	-95
Tangible Book Value Per Share	-4.47	-5.41	-4.26	-3.57	-0.03
Land	18,058	17,240	15,053	15,117	14,954
Machinery	36,698	36,910	33,352	34,915	34,363
Construction In Progress	5,635	7,277	7,464	6,527	4,704

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