Deutsche Telekom AG 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	7,818	8,472	7,274	5,767	7,617
Short-Term Investments	-	-	-	-	6
Trading Asset Securities	10	6	6	5	-
Cash & Short-Term Investments	7,828	8,478	7,280	5,772	7,623
Cash Growth	-7.67%	16.46%	26.13%	-24.28%	-41.11%
Accounts Receivable	19,980	19,122	18,583	19,176	17,333
Other Receivables	1,159	1,406	977	936	1,064
Receivables	23,339	22,303	21,895	24,006	21,422
Inventory	2,866	2,451	2,419	2,639	2,855
Other Current Assets	7,144	3,929	4,769	6,727	6,899
Total Current Assets	41,177	37,161	36,363	39,144	38,799
Property, Plant & Equipment	88,109	92,775	91,613	92,532	87,240
Long-Term Investments	12,123	8,154	5,677	2,408	1,605
Goodwill	20,859	21,614	20,296	20,648	20,532
Other Intangible Assets	111,106	125,593	113,394	117,474	110,442
Long-Term Deferred Tax Assets	660	3,682	6,401	8,316	7,906
Long-Term Deferred Charges	3,936	3,682	3,511	3,205	2,585
Other Long-Term Assets	11,487	11,961	12,418	14,439	12,118
Total Assets	289,769	304,934	290,305	298,590	281,627
Accounts Payable	9,497	9,364	10,778	11,981	10,396
Accrued Expenses	4,389	4,400	4,444	4,495	4,594
Current Portion of Long-Term Debt	11,328	9,852	9,620	14,389	12,243
Current Portion of Leases	5,744	5,674	5,649	5,126	5,040
Current Income Taxes Payable	563	736	683	801	549
Current Unearned Revenue	2,695	2,448	2,081	1,972	1,900
Other Current Liabilities	2,632	2,708	2,810	6,625	4,081
Total Current Liabilities	36,848	35,182	36,065	45,389	38,803
Long-Term Debt	99,011	102,339	94,903	98,641	99,223
Long-Term Leases	30,640	34,574	35,144	33,666	28,094
Long-Term Unearned Revenue	1,139	1,110	932	814	744
Pension & Post-Retirement Benefits	2,213	3,664	4,465	4,608	6,659
Long-Term Deferred Tax Liabilities	22,291	24,260	21,918	22,800	19,809
Other Long-Term Liabilities	5,395	5,165	5,641	5,352	6,826
Total Liabilities	197,537	206,294	199,068	211,270	200,158
Common Stock	12,557	12,765	12,765	12,765	12,765
Retained Earnings	-1,637	-5,750	-12,081	-26,488	-32,182
Treasury Stock	-172	-220	-20	-35	-37
Comprehensive Income & Other	51,423	56,501	56,261	62,316	62,133
Total Common Equity	62,171	63,296	56,925	48,558	42,679
Minority Interest	30,061	35,344	34,312	38,762	38,790
Shareholders' Equity	92,232	98,640	91,237	87,320	81,469
Total Liabilities & Equity	289,769	304,934	290,305	298,590	281,627
Total Debt	146,723	152,439	145,316	151,822	144,600
Net Cash (Debt)	-138,895	-143,961	-138,036	-146,050	-136,977
Net Cash Per Share	-28.51	-29.15	-27.74	-29.37	-28.46
Filing Date Shares Outstanding	4,838	4,900	4,979	4,973	4,972
Total Common Shares Outstanding	4,838	4,900	4,979	4,973	4,972
Working Capital	4,329	1,979	298	-6,245	-4
Book Value Per Share	12.85	12.92	11.43	9.76	8.58
Tangible Book Value	-69,794	-83,911	-76,765	-89,564	-88,295
Tangible Book Value Per Share	-14.43	-17.12	-15.42	-18.01	-17.76
Land	19,501	19,863	18,691	18,454	18,197
Machinery	156,837	158,495	152,231	151,004	161,316

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