BCE Inc. (TSX:BCE)

BCE Inc. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	465	1,572	772	149	289	224
Short-Term Investments	-	400	1,000	-	-	-
Cash & Short-Term Investments	465	1,972	1,772	149	289	224
Cash Growth	-82.18%	11.29%	1089.26%	-48.44%	29.02%	54.48%
Accounts Receivable	4,622	4,471	4,139	4,249	3,952	3,767
Other Receivables	-	495	335	325	411	448
Receivables	4,622	4,966	4,474	4,574	4,363	4,215
Inventory	378	420	465	656	482	439
Prepaid Expenses	357	259	230	244	254	209
Other Current Assets	1,224	1,306	957	864	810	601
Total Current Assets	7,046	8,923	7,898	6,487	6,198	5,688
Property, Plant & Equipment	32,763	30,001	30,352	29,256	28,235	27,513
Long-Term Investments	1,298	1,218	910	823	851	882
Goodwill	14,544	10,261	10,942	10,906	10,572	10,604
Other Intangible Assets	16,122	16,786	16,609	16,183	15,570	13,102
Long-Term Accounts Receivable	257	692	693	674	638	256
Long-Term Deferred Tax Assets	241	136	96	84	105	106
Long-Term Deferred Charges	957	888	779	603	387	362
Other Long-Term Assets	5,355	4,580	3,661	4,313	4,208	2,152
Total Assets	78,583	73,485	71,940	69,329	66,764	60,665
Accounts Payable	4,178	2,961	3,308	3,602	2,931	2,595
Accrued Expenses	281	1,238	1,108	996	900	870
Short-Term Debt	-	3,803	1,795	2,457	1,635	1,442
Current Portion of Long-Term Debt	5,820	2,778	2,173	750	864	221
Current Portion of Leases	-	1,088	1,074	930	126	754
Current Income Taxes Payable	721	42	268	106	141	214
Current Unearned Revenue	737	774	811	857	799	717
Other Current Liabilities	442	2,162	1,570	1,771	1,717	1,458
Total Current Liabilities	12,179	14,846	12,107	11,469	9,113	8,271
Long-Term Debt	35,155	28,244	26,278	24,311	23,603	20,304
Long-Term Leases	-	4,591	4,857	3,472	3,445	3,602
Long-Term Unearned Revenue	377	350	277	228	246	242
Pension & Post-Retirement Benefits	1,186	1,204	1,278	1,311	1,734	1,962
Long-Term Deferred Tax Liabilities	5,526	5,244	4,869	4,953	4,679	3,810
Other Long-Term Liabilities	1,402	1,646	1,717	1,070	1,003	1,145
Total Liabilities	55,825	56,125	51,383	46,814	43,823	39,336
Common Stock	21,493	20,860	20,859	20,840	20,662	20,390
Additional Paid-In Capital	1,321	1,278	1,258	1,172	1,157	1,174
Retained Earnings	-4,064	-8,441	-5,513	-3,649	-3,400	-4,681
Comprehensive Income & Other	370	-159	-42	-55	213	103
Total Common Equity	19,120	13,538	16,562	18,308	18,632	16,986
Minority Interest	300	289	328	337	306	340
Shareholders' Equity	22,758	17,360	20,557	22,515	22,941	21,329
Total Liabilities & Equity	78,583	73,485	71,940	69,329	66,764	60,665
Total Debt	40,975	40,504	36,177	31,920	29,673	26,323
Net Cash (Debt)	-40,510	-38,532	-34,405	-31,771	-29,384	-26,099
Net Cash Per Share	-43.84	-42.24	-37.72	-34.84	-32.41	-28.86
Filing Date Shares Outstanding	932.53	921.82	912.28	912.16	910.92	904.56
Total Common Shares Outstanding	932.53	912.28	912.27	911.98	909.02	904.42
Working Capital	-5,133	-5,923	-4,209	-4,982	-2,915	-2,583
Book Value Per Share	20.50	14.84	18.15	20.07	20.50	18.78
Tangible Book Value	-11,546	-13,509	-10,989	-8,781	-7,510	-6,720
Tangible Book Value Per Share	-12.38	-14.81	-12.05	-9.63	-8.26	-7.43
Land	-	5,162	5,031	5,020	4,958	4,837
Construction In Progress	-	2,225	2,355	2,598	2,241	1,889

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.