Serco Group Balance Sheet

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

Millions GBP. 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	199.3	183	94.4	57.2	198.4
Cash & Short-Term Investments	199.3	183	94.4	57.2	198.4
Cash Growth	8.91%	93.86%	65.03%	-71.17%	-40.90%
Accounts Receivable	643.1	528.2	516.8	614.9	555.1
Other Receivables	23.9	73.5	77.4	52.4	32.2
Receivables	667	601.7	604.2	667.3	587.3
Inventory	20	24.1	24.1	22.4	19.6
Prepaid Expenses	-	55	55.2	63.8	42.9
Other Current Assets	0.5	0.8	4.9	3.3	2.6
Total Current Assets	886.8	864.6	782.8	814	850.8
Property, Plant & Equipment	539	571.7	485.2	482.3	472.2
Long-Term Investments	34.1	25.1	32.1	23.3	17.6
Goodwill	929.3	826.2	906.7	945	852.7
Other Intangible Assets	162.2	96.3	111.2	156.4	144
Long-Term Accounts Receivable	26.2	-	-	-	2.6
Long-Term Deferred Tax Assets	208.2	229.8	235.7	244.2	214.3
Long-Term Deferred Charges	-	5.1	4.4	1.6	-
Other Long-Term Assets	10.2	41.5	52.2	73.4	179.8
Total Assets	2,796	2,660	2,610	2,750	2,734
Accounts Payable	562.6	92.3	99.3	108.3	89.2
Accrued Expenses	46.5	384.9	318.7	337.1	313.1
Current Portion of Long-Term Debt	-	38.8	51	44.5	64.9
Current Portion of Leases	167.1	168.3	140	144.4	126.3
Current Income Taxes Payable	22.1	35.9	18.4	16	17.2
Current Unearned Revenue	87.1	37.5	35.8	60.5	61.3
Other Current Liabilities	66.8	233.3	234.6	313.4	205.3
Total Current Liabilities	952.2	991	897.8	1,024	877.3
Long-Term Debt	404.9	237.6	155.2	218.4	312.1
Long-Term Leases	337.3	361.7	313.7	301.6	304
Long-Term Unearned Revenue	84.6	60.7	59.3	36.3	48.6
Pension & Post-Retirement Benefits	8.1	11.2	12.9	6.2	18
Long-Term Deferred Tax Liabilities	41.1	52.1	50.9	53.8	40.3
Other Long-Term Liabilities	94.2	103.5	86.8	80	125.3
Total Liabilities	1,922	1,818	1,577	1,721	1,726
Common Stock	20.1	20.5	22.1	24.4	24.4
Additional Paid-In Capital	463.1	463.1	463.1	463.1	463.1
Retained Earnings	577	524.3	659.1	670.6	542.8
Treasury Stock	-	-20.7	-15	-98.9	-1.2
Comprehensive Income & Other	-186.6	-144.7	-95.3	-31	-22.4
Total Common Equity	873.6	842.5	1,034	1,028	1,007
Minority Interest	-	-	-0.3	1.5	1.7
Shareholders' Equity	873.6	842.5	1,034	1,030	1,008
Total Liabilities & Equity	2,796	2,660	2,610	2,750	2,734
Total Debt	909.3	806.4	659.9	708.9	807.3
Net Cash (Debt)	-710	-623.4	-565.5	-651.7	-608.9
Net Cash Per Share	-0.69	-0.58	-0.50	-0.54	-0.49
Filing Date Shares Outstanding	1,009	1,010	1,092	1,153	1,206
Total Common Shares Outstanding	1,009	1,010	1,092	1,153	1,206
Working Capital	-65.4	-126.4	-115	-210.2	-26.5
Book Value Per Share	0.87	0.83	0.95	0.89	0.83
Tangible Book Value	-217.9	-80	16.1	-73.2	10
Tangible Book Value Per Share	-0.22	-0.08	0.01	-0.06	0.01
Land	-	7.3	4.1	4.3	4.1
Leasehold Improvements	-	36.5	35.9	37.2	33.7
Order Backlog	14,500	13,300	13,600	14,800	13,700

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.