The Swatch Group AG Balance Sheet

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	1,132	1,010	1,103	1,683	2,176	1,979
Short-Term Investments	227	221	293	380	372	677
Cash & Short-Term Investments	1,359	1,231	1,396	2,063	2,548	2,656
Cash Growth	10.40%	-11.82%	-32.33%	-19.04%	-4.07%	48.21%
Accounts Receivable	618	594	612	672	663	710
Inventory	7,303	7,295	7,641	7,309	6,873	6,389
Other Current Assets	456	477	357	458	309	352
Total Current Assets	9,736	9,597	10,006	10,502	10,393	10,107
Net Property, Plant & Equipment	3,088	3,121	3,162	3,029	2,706	2,771
Other Intangible Assets	133	143	151	153	146	144
Long-Term Investments	36	30	34	13	19	21
Other Long-Term Assets	487	485	639	532	629	635
Total Assets	13,480	13,376	13,992	14,229	13,893	13,678
Accounts Payable	255	245	270	317	298	313
Accrued Expenses	498	421	424	567	533	596
Current Portion of Long-Term Debt	234	36	20	75	8	98
Other Current Liabilities	277	281	308	261	287	370
Total Current Liabilities	1,264	983	1,022	1,220	1,126	1,377
Long-Term Debt	2	2	2	2	2	2
Other Long-Term Liabilities	718	737	751	749	714	694
Total Long-Term Liabilities	720	739	753	751	716	696
Total Liabilities	1,984	1,722	1,775	1,971	1,842	2,073
Common Stock	118	118	118	118	118	118
Treasury Stock	-76	-81	-132	-114	-123	-131
Additional Paid-in Capital	-995	-994	-978	-971	-971	-971
Accumulated Other Comprehensive Income	-2,470	-2,525	-2,170	-2,252	-1,897	-1,812
Retained Earnings	14,818	15,043	15,274	15,416	14,858	14,336
Total Common Shareholders' Equity	11,395	11,561	12,112	12,197	11,985	11,540
Minority Interest	101	93	105	61	66	65
Shareholders' Equity	11,496	11,654	12,217	12,258	12,051	11,605
Total Liabilities & Equity	13,480	13,376	13,992	14,229	13,893	13,678