Telefónica Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2019	FY 2018	FY 2016	FY 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Cash & Equivalents	4,392	7,151	6,042	5,692	3,736	2,615
Short-Term Investments	-	-	-	-	2,954	3,053
Cash & Short-Term Investments	4,392	7,151	6,042	5,692	6,690	5,668
Cash Growth	-45.86%	18.36%	6.15%	-14.92%	18.03%	-53.13%
Accounts Receivable	9,605	10,132	10,785	10,579	10,675	10,226
Other Receivables	1,077	1,193	1,561	1,676	1,533	1,341
Total Trade Receivables	10,682	11,325	12,346	12,255	12,208	11,567
Inventory	890	929	1,999	1,692	1,055	1,456
Other Current Assets	3,025	1,351	3,941	3,701	21	24
Total Current Assets	18,989	20,756	24,328	23,340	19,974	18,715
Net Property, Plant & Equipment	26,530	31,392	39,167	33,295	36,393	33,910
Other Intangible Assets	9,791	11,370	16,034	16,856	20,518	21,149
Goodwill	16,300	18,708	25,403	25,748	28,686	27,395
Long-Term Investments	7,729	8,590	140	68	76	80
Other Long-Term Assets	13,229	13,508	13,805	14,740	17,994	19,080
Total Assets	92,568	104,324	118,877	114,047	123,641	120,329
Accounts Payable	13,301	13,957	14,903	15,485	16,150	17,134
Short-Term Debt	4,461	3,701	9,076	9,368	14,749	12,970
Current Portion of Leases	1,954	2,239	1,600	-	-	-
Other Current Liabilities	2,809	3,502	4,612	4,796	4,552	4,280
Total Current Liabilities	22,525	23,399	30,191	29,649	35,451	34,384
Long-Term Debt	30,743	33,360	43,288	45,334	45,612	47,117
Long-Term Leases	5,746	6,708	5,626	-	-	-
Other Long-Term Liabilities	12,211	13,761	14,322	12,084	14,193	13,392
Total Long-Term Liabilities	48,700	53,829	63,236	57,418	59,805	60,509
Total Liabilities	71,225	77,228	93,427	87,067	95,256	94,893
Total Common Shareholders' Equity	17,614	21,852	17,118	17,947	18,157	15,771
Minority Interest	3,729	5,244	8,332	9,033	10,228	9,665
Shareholders' Equity	21,343	27,096	25,450	26,980	28,385	25,436
Total Liabilities & Equity	92,568	104,324	118,877	114,047	123,641	120,329
Total Debt	42,904	46,008	59,590	54,702	60,361	60,087
Net Cash (Debt)	-38,512	-38,857	-53,548	-49,010	-53,671	-54,419
Net Cash Per Share	-6.83	-6.80	-9.23	-8.97	-10.60	-10.73
Book Value	17,614	21,852	17,118	17,947	18,157	15,771
Book Value Per Share	3.12	3.82	2.95	3.29	3.59	3.11
Tangible Book Value	-8,477	-8,226	-24,319	-24,657	-31,047	-32,773
Tangible Book Value Per Share	-1.50	-1.44	-4.19	-4.51	-6.13	-6.46

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.