BCE Inc. Balance Sheet

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

Millions CAD. 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	320	1,572	772	149	289
Short-Term Investments	-	400	1,000	-	-
Cash & Short-Term Investments	320	1,972	1,772	149	289
Cash Growth	-83.77%	11.29%	1089.26%	-48.44%	29.02%
Accounts Receivable	4,474	4,489	4,031	4,138	3,949
Inventory	389	420	465	656	482
Other Current Assets	2,224	2,042	1,630	1,544	1,478
Total Current Assets	7,407	8,923	7,898	6,487	6,198
Net Property, Plant & Equipment	33,541	30,001	30,352	29,256	28,235
Other Intangible Assets	17,234	16,786	16,609	16,183	15,570
Goodwill	13,231	10,261	10,942	10,906	10,572
Long-Term Investments	396	341	323	608	668
Other Long-Term Assets	8,356	7,173	5,816	5,889	5,521
Total Assets	80,165	73,485	71,940	69,329	66,764
Accounts Payable	4,392	4,507	4,729	5,221	4,455
Current Portion of Long-Term Debt	6,155	7,669	5,042	4,137	2,625
Unearned Revenue	872	774	811	857	799
Other Current Liabilities	1,437	1,896	1,525	1,254	1,234
Total Current Liabilities	12,856	14,846	12,107	11,469	9,113
Long-Term Debt	34,904	32,835	31,135	27,783	27,048
Other Long-Term Liabilities	9,095	8,444	8,141	7,562	7,662
Total Long-Term Liabilities	43,999	41,279	39,276	35,345	34,710
Total Liabilities	56,855	56,125	51,383	46,814	43,823
Preferred Stock	3,288	3,533	3,667	3,870	4,003
Common Stock	21,493	20,860	20,859	20,840	20,662
Additional Paid-in Capital	1,308	1,278	1,258	1,172	1,157
Accumulated Other Comprehensive Income	573	-159	-42	-55	213
Retained Earnings	-3,642	-8,441	-5,513	-3,649	-3,400
Total Common Shareholders' Equity	23,020	17,071	20,229	22,178	22,635
Minority Interest	290	289	328	337	306
Shareholders' Equity	23,310	17,360	20,557	22,515	22,941
Total Liabilities & Equity	80,165	73,485	71,940	69,329	66,764
Total Debt	41,059	40,504	36,177	31,920	29,673
Net Cash (Debt)	-40,739	-38,532	-34,405	-31,771	-29,384
Net Cash Per Share	-43.85	-42.24	-37.72	-34.86	-32.42
Book Value	23,020	17,071	20,229	22,178	22,635
Book Value Per Share	24.78	18.71	22.18	24.33	24.98
Tangible Book Value	-7,445	-9,976	-7,322	-4,911	-3,507
Tangible Book Value Per Share	-8.01	-10.93	-8.03	-5.39	-3.87

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