Telefónica, S.A. (TEF)

Telefónica Balance Sheet

Financials in millions EUR. 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	4,392	8,062	7,151	7,245	8,580	5,604
Short-Term Investments	-	139	209	101	1,350	1,035
Trading Asset Securities	-	295	257	312	832	806
Cash & Short-Term Investments	4,392	8,496	7,617	7,658	10,762	7,445
Cash Growth	-30.56%	11.54%	-0.53%	-28.84%	44.55%	-9.86%
Accounts Receivable	9,605	7,255	7,148	6,984	6,528	5,889
Other Receivables	1,077	2,401	1,869	2,892	2,744	1,434
Receivables	10,682	9,656	9,017	9,876	9,272	7,323
Inventory	890	954	929	1,546	1,749	1,718
Prepaid Expenses	-	1,558	1,502	714	583	619
Other Current Assets	3,025	1,705	1,691	2,795	2,563	16,550
Total Current Assets	18,989	22,369	20,756	22,589	24,929	33,655
Property, Plant & Equipment	26,530	29,346	31,392	31,993	30,304	28,751
Long-Term Investments	7,729	9,971	10,022	13,010	14,552	3,110
Goodwill	16,300	16,461	18,708	18,471	16,519	17,044
Other Intangible Assets	9,791	9,875	11,370	12,017	11,725	11,488
Long-Term Accounts Receivable	-	1,144	1,263	1,269	876	589
Long-Term Deferred Tax Assets	5,873	6,673	6,240	4,884	5,616	6,416
Long-Term Deferred Charges	-	1,073	1,001	854	555	331
Other Long-Term Assets	7,356	3,590	3,572	4,555	4,137	3,667
Total Assets	92,568	100,502	104,324	109,642	109,213	105,051
Accounts Payable	-	7,783	7,612	7,545	6,982	5,913
Accrued Expenses	-	1,939	1,847	1,494	1,519	1,395
Current Portion of Long-Term Debt	4,461	5,590	3,701	4,020	7,005	8,123
Current Portion of Leases	1,954	2,226	2,239	2,020	1,679	1,255
Current Income Taxes Payable	816	1,614	1,869	1,920	2,026	1,732
Current Unearned Revenue	-	1,710	1,598	1,490	1,338	1,286
Other Current Liabilities	15,294	4,872	4,533	4,611	4,946	8,413
Total Current Liabilities	22,525	25,734	23,399	23,100	25,495	28,117
Long-Term Debt	30,743	33,192	33,360	35,059	35,290	42,297
Long-Term Leases	5,746	6,077	6,708	6,657	6,391	4,039
Long-Term Unearned Revenue	-	904	904	1,090	1,046	955
Pension & Post-Retirement Benefits	-	2,798	3,488	3,852	5,021	4,481
Long-Term Deferred Tax Liabilities	2,612	2,905	2,702	3,067	2,602	2,620
Other Long-Term Liabilities	9,599	6,143	6,667	5,109	4,684	4,282
Total Liabilities	71,225	77,753	77,228	77,934	80,529	86,791
Common Stock	17,614	5,670	5,750	5,775	5,779	5,526
Additional Paid-In Capital	-	3,521	3,751	3,824	4,233	4,538
Retained Earnings	-	23,759	25,954	28,757	27,129	20,084
Treasury Stock	-	-106	-429	-341	-547	-476
Comprehensive Income & Other	-	-13,497	-13,174	-12,927	-14,387	-18,437
Total Common Equity	17,614	19,347	21,852	25,088	22,207	11,235
Minority Interest	3,729	3,402	5,244	6,620	6,477	7,025
Shareholders' Equity	21,343	22,749	27,096	31,708	28,684	18,260
Total Liabilities & Equity	92,568	100,502	104,324	109,642	109,213	105,051
Total Debt	42,904	47,085	46,008	47,756	50,365	55,714
Net Cash (Debt)	-38,512	-38,589	-38,391	-40,098	-39,603	-48,269
Net Cash Per Share	-6.83	-6.85	-6.77	-6.99	-6.74	-8.10
Filing Date Shares Outstanding	5,637	5,643	5,639	5,690	5,640	5,428
Total Common Shares Outstanding	5,637	5,643	5,639	5,690	5,640	5,428
Working Capital	-3,536	-3,365	-2,643	-511	-566	5,538
Book Value Per Share	3.12	3.43	3.87	4.41	3.94	2.07
Tangible Book Value	-8,477	-6,989	-8,226	-5,400	-6,037	-17,297
Tangible Book Value Per Share	-1.50	-1.24	-1.46	-0.95	-1.07	-3.19
Land	-	9,153	8,632	9,016	8,565	8,690
Machinery	-	94,429	93,124	96,049	91,150	89,526
Construction In Progress	-	1,987	1,863	2,332	1,761	1,641

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q