QVC Group Balance Sheet

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

Millions USD. 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	1,817	905	1,121	1,275	587	806
Cash & Short-Term Investments	1,817	905	1,121	1,275	587	806
Cash Growth	108.13%	-19.27%	-12.08%	117.21%	-27.17%	19.76%
Accounts Receivable	840	1,143	1,308	1,394	1,679	1,640
Other Receivables	-	-	-	50	324	345
Total Trade Receivables	840	1,143	1,308	1,444	2,003	1,985
Inventory	1,190	1,061	1,044	1,346	1,623	1,301
Other Current Assets	206	190	209	210	235	473
Total Current Assets	4,053	3,299	3,682	4,275	4,448	4,565
Net Property, Plant & Equipment	985	1,102	1,147	1,155	1,381	1,300
Other Intangible Assets	1,570	2,522	3,224	3,330	3,783	3,947
Goodwill	821	2,217	3,164	3,501	6,339	6,638
Other Long-Term Assets	131	103	151	310	251	549
Total Assets	7,560	9,243	11,368	12,571	16,202	16,999
Accounts Payable	660	776	895	976	1,429	1,305
Accrued Expenses	815	953	983	1,133	1,236	1,418
Current Portion of Long-Term Debt	82	867	642	828	1,315	1,750
Other Current Liabilities	68	128	97	162	244	231
Total Current Liabilities	1,625	2,724	2,617	3,099	4,224	4,704
Long-Term Debt	5,811	4,101	4,698	5,525	5,674	5,186
Long-Term Leases	586	598	615	518	303	-
Other Long-Term Liabilities	2,513	2,705	2,949	2,904	3,015	3,376
Total Long-Term Liabilities	8,910	7,404	8,262	8,947	8,992	8,562
Total Liabilities	10,535	10,128	10,879	12,046	13,216	13,266
Common Stock	-	-	4	4	4	4
Additional Paid-in Capital	141	138	99	53	-	-
Accumulated Other Comprehensive Income	283	-15	86	18	-79	72
Retained Earnings	-3,496	-1,094	196	337	2,925	3,522
Total Common Shareholders' Equity	-3,072	-971	385	412	2,850	3,598
Minority Interest	97	86	104	113	136	135
Shareholders' Equity	-2,975	-885	489	525	2,986	3,733
Total Liabilities & Equity	7,560	9,243	11,368	12,571	16,202	16,999
Total Debt	6,479	5,566	5,955	6,871	7,292	6,936
Net Cash (Debt)	-4,662	-4,661	-4,834	-5,596	-6,705	-6,130
Net Cash Per Share	-42.89	-588.51	-622.94	-730.55	-807.83	-728.03
Book Value	-3,072	-971	385	412	2,850	3,598
Book Value Per Share	-28.26	-122.60	49.61	53.79	343.37	427.32
Tangible Book Value	-5,463	-5,710	-6,003	-6,419	-7,272	-6,987
Tangible Book Value Per Share	-50.26	-720.96	-773.58	-837.99	-876.14	-829.81

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.