TSX:BAM Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,096	1,583	404	2,667	3,545	2,494
Cash & Short-Term Investments	1,096	1,583	404	2,667	3,545	2,494
Cash Growth	230.12%	291.83%	-84.85%	-24.77%	42.14%	18.70%
Accounts Receivable	-	106	225	278	245	26
Other Receivables	2,939	3,280	2,500	799	924	158
Receivables	2,939	3,386	2,725	2,931	2,489	6,916
Prepaid Expenses	-	128	175	124	61	40
Other Current Assets	433	410	231	37	-	-
Total Current Assets	4,468	5,507	3,535	5,759	6,095	9,450
Property, Plant & Equipment	93	92	58	73	68	48
Long-Term Investments	11,897	10,307	9,606	7,522	6,877	13,564
Goodwill	236	236	251	251	249	249
Other Intangible Assets	229	234	38	42	59	64
Long-Term Deferred Tax Assets	574	572	586	643	739	2,268
Other Long-Term Assets	440	99	83	-	-	-
Total Assets	17,937	17,047	14,157	14,290	14,087	25,643
Accounts Payable	1,953	599	490	537	401	561
Accrued Expenses	932	1,631	1,694	1,562	991	5,182
Short-Term Debt	451	462	251	198	-	461
Current Portion of Long-Term Debt	-	-	-	-	-	4,102
Other Current Liabilities	632	444	228	122	1,261	234
Total Current Liabilities	3,968	3,136	2,663	2,419	2,653	10,540
Long-Term Debt	2,478	2,478	-	-	-	-
Long-Term Deferred Tax Liabilities	208	169	46	40	17	700
Other Long-Term Liabilities	14	954	257	366	-	-
Total Liabilities	6,702	6,737	2,966	2,825	2,670	11,240
Common Stock	9,157	9,153	9,017	9,014	9,271	9,715
Additional Paid-In Capital	218	154	152	122	-	-
Retained Earnings	-1,047	-851	-488	-178	84	-
Treasury Stock	-916	-526	-91	-	-	-
Comprehensive Income & Other	180	188	162	168	153	156
Total Common Equity	7,592	8,118	8,752	9,126	9,508	9,871
Minority Interest	3,643	2,192	2,439	2,339	1,909	4,532
Shareholders' Equity	11,235	10,310	11,191	11,465	11,417	14,403
Total Liabilities & Equity	17,937	17,047	14,157	14,290	14,087	25,643
Total Debt	2,963	2,940	251	198	-	4,563
Net Cash (Debt)	-1,867	-1,357	153	2,469	3,545	-2,069
Net Cash Growth	-	-	-93.80%	-30.35%	-	-
Net Cash Per Share	-1.15	-0.83	0.09	1.55	2.17	-
Filing Date Shares Outstanding	1,597	1,609	1,631	1,635	1,635	1,638
Total Common Shares Outstanding	1,601	1,609	1,631	1,635	1,635	1,638
Working Capital	500	2,371	872	3,340	3,442	-1,090
Book Value Per Share	4.74	5.05	5.37	5.58	5.81	6.03
Tangible Book Value	7,127	7,648	8,463	8,833	9,200	9,558
Tangible Book Value Per Share	4.45	4.75	5.19	5.40	5.63	5.83

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