Adecco Group AG Balance Sheet

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

Millions EUR. 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	388	482	556	782	3,051
Trading Asset Securities	-	-	-	-	1
Cash & Short-Term Investments	388	482	556	782	3,052
Cash Growth	-19.50%	-13.31%	-28.90%	-74.38%	104.83%
Accounts Receivable	4,202	4,118	4,466	4,758	4,076
Other Receivables	-	1	1	1	2
Receivables	4,202	4,119	4,467	4,759	4,078
Restricted Cash	-	71	49	86	61
Other Current Assets	485	408	416	497	532
Total Current Assets	5,075	5,080	5,488	6,124	7,723
Property, Plant & Equipment	923	704	749	717	465
Long-Term Investments	229	242	197	185	175
Goodwill	4,009	4,196	4,114	4,181	2,483
Other Intangible Assets	788	1,130	1,214	1,289	402
Long-Term Deferred Tax Assets	-	260	218	262	201
Other Long-Term Assets	732	487	450	498	416
Total Assets	11,756	12,099	12,430	13,256	11,865
Accounts Payable	4,508	757	832	1,162	879
Accrued Expenses	-	3,380	3,446	3,594	3,229
Short-Term Debt	118	53	87	134	49
Current Portion of Long-Term Debt	-	240	433	3	300
Current Portion of Leases	188	197	205	178	152
Current Income Taxes Payable	-	90	61	46	58
Other Current Liabilities	-	61	54	81	59
Total Current Liabilities	4,814	4,778	5,118	5,198	4,726
Long-Term Debt	2,560	2,747	2,684	3,161	2,786
Long-Term Leases	312	322	344	310	229
Pension & Post-Retirement Benefits	-	99	96	108	105
Long-Term Deferred Tax Liabilities	-	203	209	283	36
Other Long-Term Liabilities	674	364	378	303	183
Total Liabilities	8,360	8,513	8,829	9,363	8,065
Common Stock	11	11	11	11	11
Additional Paid-In Capital	554	552	557	669	814
Retained Earnings	3,388	3,269	3,398	3,412	3,361
Treasury Stock	-13	-36	-39	-58	-159
Comprehensive Income & Other	-554	-220	-332	-153	-237
Total Common Equity	3,386	3,576	3,595	3,881	3,790
Minority Interest	10	10	6	12	10
Shareholders' Equity	3,396	3,586	3,601	3,893	3,800
Total Liabilities & Equity	11,756	12,099	12,430	13,256	11,865
Total Debt	3,178	3,559	3,753	3,786	3,516
Net Cash (Debt)	-2,790	-3,077	-3,197	-3,004	-464
Net Cash Per Share	-16.55	-18.28	-19.03	-17.98	-2.85
Filing Date Shares Outstanding	168.04	167.44	167.56	167.12	165.08
Total Common Shares Outstanding	168.04	167.44	167.56	167.12	165.08
Working Capital	261	302	370	926	2,997
Book Value Per Share	20.15	21.36	21.46	23.22	22.96
Tangible Book Value	-1,411	-1,750	-1,733	-1,589	905
Tangible Book Value Per Share	-8.40	-10.45	-10.34	-9.51	5.48
Land	-	54	101	172	3
Machinery	-	258	266	259	223
Leasehold Improvements	-	255	249	205	198

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