Bayer Quarterly Statement Q1 2026
Bayer Group Condensed Consolidated Statements of Financial Position

€ million

 

Mar. 31, 2025

 

Dec. 31, 2025

 

Mar. 31, 2026

Noncurrent assets

 

 

 

 

 

 

Goodwill

 

29,583

 

28,061

 

28,500

Other intangible assets

 

21,056

 

20,622

 

20,352

Property, plant and equipment

 

13,098

 

12,649

 

12,727

Investments accounted for using the equity method

 

709

 

546

 

577

Other financial assets

 

2,251

 

2,265

 

2,303

Other receivables

 

1,597

 

1,742

 

1,942

Deferred taxes

 

6,057

 

5,745

 

6,242

 

 

74,351

 

71,630

 

72,643

Current assets

 

 

 

 

 

 

Inventories

 

12,687

 

12,378

 

12,014

Trade accounts receivable

 

13,261

 

9,077

 

12,907

Other financial assets

 

1,369

 

1,391

 

932

Other receivables

 

1,925

 

1,867

 

2,164

Claims for income tax refunds

 

1,556

 

1,504

 

1,540

Cash and cash equivalents

 

4,015

 

6,671

 

5,728

Assets held for sale

 

19

 

23

 

16

 

 

34,832

 

32,911

 

35,301

Total assets

 

109,183

 

104,541

 

107,944

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

Capital stock

 

2,515

 

2,515

 

2,515

Capital reserves

 

18,261

 

18,261

 

18,261

Other reserves

 

11,671

 

5,171

 

8,069

Equity attributable to Bayer AG stockholders

 

32,447

 

25,947

 

28,845

Equity attributable to noncontrolling interest

 

135

 

116

 

117

 

 

32,582

 

26,063

 

28,962

Noncurrent liabilities

 

 

 

 

 

 

Provisions for pensions and other post-employment benefits

 

2,724

 

2,090

 

2,142

Other provisions

 

7,385

 

8,976

 

9,594

Refund liabilities

 

78

 

7

 

6

Contract liabilities

 

269

 

169

 

135

Financial liabilities

 

35,020

 

31,833

 

30,684

Income tax liabilities

 

1,324

 

1,054

 

1,134

Other liabilities

 

1,081

 

995

 

1,095

Deferred taxes

 

761

 

769

 

732

 

 

48,642

 

45,893

 

45,522

Current liabilities

 

 

 

 

 

 

Other provisions

 

3,901

 

6,816

 

5,654

Refund liabilities

 

8,088

 

5,641

 

7,783

Contract liabilities

 

1,479

 

3,733

 

1,303

Financial liabilities

 

4,365

 

5,746

 

8,203

Trade accounts payable

 

6,587

 

7,081

 

6,585

Income tax liabilities

 

1,113

 

678

 

1,009

Other liabilities

 

2,426

 

2,890

 

2,923

 

 

27,959

 

32,585

 

33,460

Total equity and liabilities

 

109,183

 

104,541

 

107,944