Bayer Group Condensed Consolidated Statements of Financial Position

€ million

 

June 30, 2025

 

Dec. 31, 2025

 

June 30, 2026

Noncurrent assets

 

 

 

 

 

 

Goodwill

 

28,114

 

28,061

 

28,778

Other intangible assets

 

20,196

 

20,622

 

20,579

Property, plant and equipment

 

12,468

 

12,649

 

12,758

Investments accounted for using the equity method

 

644

 

546

 

570

Other financial assets

 

2,241

 

2,265

 

2,443

Other receivables

 

1,509

 

1,742

 

2,133

Deferred taxes

 

6,310

 

5,745

 

6,380

 

 

71,482

 

71,630

 

73,641

Current assets

 

 

 

 

 

 

Inventories

 

12,111

 

12,378

 

11,971

Trade accounts receivable

 

12,876

 

9,077

 

12,880

Other financial assets

 

938

 

1,391

 

793

Other receivables

 

1,745

 

1,867

 

2,048

Claims for income tax refunds

 

1,507

 

1,504

 

1,638

Cash and cash equivalents

 

4,557

 

6,671

 

4,289

Assets held for sale

 

20

 

23

 

25

 

 

33,754

 

32,911

 

33,644

Total assets

 

105,236

 

104,541

 

107,285

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

Capital stock

 

2,515

 

2,515

 

2,515

Capital reserves

 

18,261

 

18,261

 

18,261

Other reserves

 

9,594

 

5,171

 

8,808

Equity attributable to Bayer AG stockholders

 

30,370

 

25,947

 

29,584

Equity attributable to noncontrolling interest

 

130

 

116

 

124

 

 

30,500

 

26,063

 

29,708

Noncurrent liabilities

 

 

 

 

 

 

Provisions for pensions and other post-employment benefits

 

2,400

 

2,090

 

1,739

Other provisions

 

7,483

 

8,976

 

9,095

Refund liabilities

 

154

 

7

 

6

Contract liabilities

 

236

 

169

 

102

Financial liabilities

 

31,706

 

31,833

 

31,164

Income tax liabilities

 

1,319

 

1,054

 

1,193

Other liabilities

 

891

 

995

 

1,299

Deferred taxes

 

765

 

769

 

709

 

 

44,954

 

45,893

 

45,307

Current liabilities

 

 

 

 

 

 

Other provisions

 

4,075

 

6,816

 

5,183

Refund liabilities

 

8,184

 

5,641

 

8,155

Contract liabilities

 

1,408

 

3,733

 

1,411

Financial liabilities

 

6,721

 

5,746

 

7,267

Trade accounts payable

 

6,038

 

7,081

 

6,393

Income tax liabilities

 

1,084

 

678

 

1,066

Other liabilities

 

2,272

 

2,890

 

2,795

 

 

29,782

 

32,585

 

32,270

Total equity and liabilities

 

105,236

 

104,541

 

107,285