TSX:BAM Balance Sheet

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

Millions USD. 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	1,583	404	2,667	1	3,152
Cash & Short-Term Investments	1,583	404	2,667	1	3,152
Cash Growth	291.83%	-84.85%	266600.00%	-99.97%	17.86%
Trading Assets	417	231	37	-	-
Accounts Receivable	333	483	551	-	283.12
Other Receivables	3,280	2,500	2,504	782	8,272
Total Current Assets	5,613	3,618	5,759	783	11,708
Net Property, Plant & Equipment	92	58	73	-	60.67
Other Intangible Assets	234	38	42	-	80.89
Goodwill	236	251	251	-	314.71
Long-Term Investments	10,300	9,606	7,522	2,378	17,489
Other Long-Term Assets	572	586	643	-	2,867
Total Assets	17,047	14,157	14,290	3,161	32,519
Accounts Payable	2,459	1,349	1,677	781	2,568
Trading Liabilities	449	228	122	-	-
Other Current Liabilities	720	1,092	986	3	10,373
Total Current Liabilities	3,628	2,669	2,785	784	12,941
Long-Term Debt	2,940	251	-	-	582.66
Other Long-Term Liabilities	169	46	40	-	884.74
Total Long-Term Liabilities	3,109	297	40	-	1,467
Total Liabilities	6,737	2,966	2,825	784	14,409
Common Stock	9,153	9,017	9,014	2,410	-
Treasury Stock	-526	-91	-	-330	-
Additional Paid-in Capital	154	152	122	278	-
Accumulated Other Comprehensive Income	188	162	168	-	-
Retained Earnings	-851	-488	-178	19	-
Total Common Shareholders' Equity	8,118	8,752	9,126	2,377	12,383
Minority Interest	2,192	2,439	2,339	-	5,728
Shareholders' Equity	8,912	9,088	9,299	2,377	18,111
Total Liabilities & Equity	17,047	14,157	14,290	3,161	32,519
Total Debt	2,142	174.9	0	0	461
Net Cash (Debt)	-988.67	106.61	2,013	0.74	2,033
Net Cash Growth	-	-94.70%	273032.02%	-99.96%	-3.24%
Net Cash Per Share	-0.61	0.07	1.26	-	-
Book Value	5,915	6,099	6,888	1,752	9,797
Book Value Per Share	3.63	3.78	4.33	0.71	-
Tangible Book Value	5,572	5,897	6,666	1,752	9,484
Tangible Book Value Per Share	3.42	3.65	4.19	0.71	-

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.