BCE Inc. Balance Sheet

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

Millions CAD. 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	479	320	1,572	772	149	289
Short-Term Investments	-	-	400	1,000	-	-
Cash & Short-Term Investments	479	320	1,972	1,772	149	289
Cash Growth	-8.41%	-83.77%	11.29%	1089.26%	-48.44%	29.02%
Accounts Receivable	4,719	4,366	4,471	4,139	4,249	3,952
Other Receivables	-	683	495	335	325	411
Receivables	4,719	5,049	4,966	4,474	4,574	4,363
Inventory	449	389	420	465	656	482
Prepaid Expenses	491	379	259	230	244	254
Other Current Assets	1,406	1,270	1,306	957	864	810
Total Current Assets	7,544	7,407	8,923	7,898	6,487	6,198
Property, Plant & Equipment	32,973	33,541	30,001	30,352	29,256	28,235
Long-Term Investments	2,108	1,594	1,218	910	823	851
Goodwill	13,320	13,231	10,261	10,942	10,906	10,572
Other Intangible Assets	17,693	17,234	16,786	16,609	16,183	15,570
Long-Term Accounts Receivable	241	671	692	693	674	638
Long-Term Deferred Tax Assets	172	178	136	96	84	105
Long-Term Deferred Charges	912	959	888	779	603	387
Other Long-Term Assets	6,079	5,350	4,580	3,661	4,313	4,208
Total Assets	81,042	80,165	73,485	71,940	69,329	66,764
Accounts Payable	4,167	2,817	2,961	3,308	3,602	2,931
Accrued Expenses	451	1,293	1,238	1,108	996	900
Short-Term Debt	2,203	4,160	3,803	1,795	2,457	1,635
Current Portion of Long-Term Debt	2,051	1,062	2,778	2,173	750	864
Current Portion of Leases	-	933	1,088	1,074	930	126
Current Income Taxes Payable	160	567	42	268	106	141
Current Unearned Revenue	837	872	774	811	857	799
Other Current Liabilities	427	1,152	2,162	1,570	1,771	1,717
Total Current Liabilities	10,296	12,856	14,846	12,107	11,469	9,113
Long-Term Debt	37,522	30,595	28,244	26,278	24,311	23,603
Long-Term Leases	-	4,309	4,591	4,857	3,472	3,445
Long-Term Unearned Revenue	452	374	350	277	228	246
Pension & Post-Retirement Benefits	1,115	1,151	1,204	1,278	1,311	1,734
Long-Term Deferred Tax Liabilities	6,320	6,105	5,244	4,869	4,953	4,679
Other Long-Term Liabilities	1,159	1,465	1,646	1,717	1,070	1,003
Total Liabilities	56,864	56,855	56,125	51,383	46,814	43,823
Common Stock	21,493	21,493	20,860	20,859	20,840	20,662
Additional Paid-In Capital	1,308	1,308	1,278	1,258	1,172	1,157
Retained Earnings	-2,098	-3,642	-8,441	-5,513	-3,649	-3,400
Comprehensive Income & Other	-55	573	-159	-42	-55	213
Total Common Equity	20,648	19,732	13,538	16,562	18,308	18,632
Minority Interest	314	290	289	328	337	306
Shareholders' Equity	24,178	23,310	17,360	20,557	22,515	22,941
Total Liabilities & Equity	81,042	80,165	73,485	71,940	69,329	66,764
Total Debt	41,776	41,059	40,504	36,177	31,920	29,673
Net Cash (Debt)	-41,297	-40,739	-38,532	-34,405	-31,771	-29,384
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-44.28	-43.85	-42.24	-37.72	-34.84	-32.41
Filing Date Shares Outstanding	932.53	932.53	921.82	912.28	912.16	910.92
Total Common Shares Outstanding	932.53	932.53	912.28	912.27	911.98	909.02
Working Capital	-2,752	-5,449	-5,923	-4,209	-4,982	-2,915
Book Value Per Share	22.14	21.16	14.84	18.15	20.07	20.50
Tangible Book Value	-10,365	-10,733	-13,509	-10,989	-8,781	-7,510
Tangible Book Value Per Share	-11.11	-11.51	-14.81	-12.05	-9.63	-8.26
Land	-	5,723	5,162	5,031	5,020	4,958
Construction In Progress	-	2,581	2,225	2,355	2,598	2,241