Asahi Group Holdings Balance Sheet

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

Millions JPY. 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	84,948	83,961	59,945	37,438	52,743	48,460
Cash & Short-Term Investments	84,948	83,961	59,945	37,438	52,743	48,460
Cash Growth	-	40.06%	60.12%	-29.02%	8.84%	-0.06%
Accounts Receivable	420,644	440,335	465,633	415,676	395,974	378,924
Other Receivables	2,615	4,844	2,930	7,354	2,232	24,403
Receivables	423,259	445,179	468,563	423,030	398,206	403,327
Inventory	305,988	271,430	267,317	234,969	200,828	183,166
Other Current Assets	56,059	57,321	51,128	42,092	48,399	54,133
Total Current Assets	870,254	857,891	846,953	737,529	700,176	689,086
Property, Plant & Equipment	960,929	935,441	888,070	834,721	818,398	810,264
Long-Term Investments	11,858	214,703	218,393	175,273	174,987	210,444
Goodwill	-	2,203,425	2,147,139	1,966,971	1,816,862	1,723,943
Other Intangible Assets	3,445,551	1,150,471	1,136,809	1,060,958	1,002,772	978,042
Long-Term Deferred Tax Assets	42,034	41,469	48,544	54,888	34,549	27,596
Other Long-Term Assets	247,297	5	5	4	4	3
Total Assets	5,577,923	5,403,405	5,285,913	4,830,344	4,547,748	4,439,378
Accounts Payable	664,015	720,870	714,781	591,869	531,573	477,098
Short-Term Debt	-	4,206	23,846	224,302	232,301	672,079
Current Portion of Long-Term Debt	623,447	446,921	366,000	142,965	191,350	252,679
Current Income Taxes Payable	34,439	31,280	26,263	30,906	36,841	35,683
Other Current Liabilities	264,801	307,031	266,060	275,904	250,826	214,982
Total Current Liabilities	1,586,702	1,510,308	1,396,950	1,265,946	1,242,891	1,652,521
Long-Term Debt	783,741	828,047	1,020,950	1,130,041	1,172,551	898,866
Pension & Post-Retirement Benefits	12,802	14,394	17,242	20,349	24,053	24,093
Long-Term Deferred Tax Liabilities	238,509	238,593	233,190	213,494	203,579	205,275
Other Long-Term Liabilities	140,349	138,012	151,800	137,570	145,527	140,808
Total Liabilities	2,762,103	2,729,354	2,820,132	2,767,400	2,788,601	2,921,563
Common Stock	220,044	220,044	220,044	220,044	220,044	220,044
Additional Paid-In Capital	162,141	162,216	161,867	161,793	161,731	161,783
Retained Earnings	1,445,154	1,418,660	1,282,432	1,165,542	1,064,644	967,230
Treasury Stock	-30,943	-31,214	-1,190	-1,178	-923	-1,031
Comprehensive Income & Other	1,014,788	899,095	797,395	514,533	311,608	168,098
Total Common Equity	2,811,184	2,668,801	2,460,548	2,060,734	1,757,104	1,516,124
Minority Interest	4,636	5,250	5,233	2,210	2,043	1,691
Shareholders' Equity	2,815,820	2,674,051	2,465,781	2,062,944	1,759,147	1,517,815
Total Liabilities & Equity	5,577,923	5,403,405	5,285,913	4,830,344	4,547,748	4,439,378
Total Debt	1,407,188	1,279,174	1,410,796	1,497,308	1,596,202	1,823,624
Net Cash (Debt)	-1,322,240	-1,195,213	-1,350,851	-1,459,870	-1,543,459	-1,775,164
Net Cash Per Share	-879.71	-787.95	-888.55	-960.25	-1015.21	-1252.54
Filing Date Shares Outstanding	1,503	1,503	1,520	1,520	1,520	1,520
Total Common Shares Outstanding	1,503	1,503	1,520	1,520	1,520	1,520
Working Capital	-716,448	-652,417	-549,997	-528,417	-542,715	-963,435
Book Value Per Share	1870.34	1775.82	1618.74	1355.71	1155.82	997.35
Tangible Book Value	-634,367	-685,095	-823,400	-967,195	-1,062,530	-1,185,861
Tangible Book Value Per Share	-422.06	-455.86	-541.70	-636.29	-698.93	-780.10

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