Ambev S.A. (BVMF:ABEV3)

Ambev Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	16,404	28,596	16,059	14,926	16,628	17,090
Short-Term Investments	14.3	71.51	-	-	-	-
Trading Asset Securities	1,106	1,170	277.16	454.5	1,915	1,700
Cash & Short-Term Investments	17,525	29,838	16,336	15,381	18,542	18,790
Cash Growth	14.23%	82.65%	6.21%	-17.05%	-1.32%	57.70%
Accounts Receivable	5,087	6,270	5,741	5,349	4,792	4,303
Other Receivables	3,737	3,582	3,436	2,853	2,613	3,287
Receivables	8,823	9,852	9,177	8,203	7,404	7,590
Inventory	11,352	11,690	9,619	12,923	11,000	7,606
Other Current Assets	3,092	2,776	1,431	1,310	1,680	1,356
Total Current Assets	40,792	54,156	36,563	37,817	38,627	35,343
Property, Plant & Equipment	27,479	30,170	26,630	30,056	29,224	24,768
Long-Term Investments	462.61	579.85	531.23	550.99	498.06	551.33
Goodwill	41,680	44,343	38,004	40,594	42,411	40,023
Other Intangible Assets	11,358	12,531	10,042	9,222	8,689	7,581
Long-Term Deferred Tax Assets	8,882	8,692	7,970	6,439	4,728	4,561
Other Long-Term Assets	11,504	12,037	12,905	13,280	14,425	12,369
Total Assets	142,158	162,508	132,644	137,958	138,602	125,197
Accounts Payable	19,883	25,224	23,195	24,329	25,078	19,339
Accrued Expenses	5,680	8,428	8,365	8,149	7,025	5,475
Short-Term Debt	-	-	-	74.34	30.51	-
Current Portion of Long-Term Debt	174.53	163.63	151.21	198.96	194.08	2,333
Current Portion of Leases	926.04	1,113	1,147	783.61	653.04	406.01
Current Income Taxes Payable	1,659	1,942	1,340	1,119	1,491	1,167
Other Current Liabilities	8,549	12,519	6,806	5,888	4,394	4,758
Total Current Liabilities	36,872	49,389	41,005	40,541	38,866	33,478
Long-Term Debt	299.23	324.03	391.03	454.36	267.14	338.39
Long-Term Leases	1,758	1,852	1,812	2,334	1,986	1,715
Long-Term Deferred Tax Liabilities	4,220	5,008	3,318	3,726	3,214	3,043
Other Long-Term Liabilities	3,782	4,118	3,962	5,415	7,057	7,927
Total Liabilities	48,947	62,927	52,500	54,630	54,585	50,045
Common Stock	58,276	58,226	58,178	58,131	58,042	57,899
Additional Paid-In Capital	53,663	53,663	53,663	53,663	53,663	53,663
Retained Earnings	57,465	53,637	43,190	36,907	31,192	25,920
Treasury Stock	-3,073	-1,333	-1,012	-1,074	-1,038	-941.64
Comprehensive Income & Other	-73,859	-65,551	-75,049	-65,671	-59,216	-62,725
Total Common Equity	92,472	98,642	78,969	81,956	82,643	73,816
Minority Interest	739.32	938.38	1,175	1,372	1,375	1,335
Shareholders' Equity	93,211	99,581	80,144	83,328	84,018	75,151
Total Liabilities & Equity	142,158	162,508	132,644	137,958	138,602	125,197
Total Debt	3,158	3,453	3,501	3,845	3,131	4,792
Net Cash (Debt)	14,367	26,385	12,835	11,536	15,411	13,998
Net Cash Growth	20.88%	105.57%	11.26%	-25.15%	10.10%	58.13%
Net Cash Per Share	0.91	1.67	0.81	0.73	0.97	0.88
Filing Date Shares Outstanding	15,592	15,728	15,749	15,742	15,739	15,735
Total Common Shares Outstanding	15,592	15,728	15,749	15,742	15,739	15,735
Working Capital	3,920	4,767	-4,442	-2,724	-239.27	1,865
Book Value Per Share	5.93	6.27	5.01	5.21	5.25	4.69
Tangible Book Value	39,433	41,769	30,924	32,139	31,543	26,212
Tangible Book Value Per Share	2.53	2.66	1.96	2.04	2.00	1.67
Land	16,343	17,205	14,288	14,494	13,540	12,385
Machinery	7,427	7,883	7,074	7,683	7,527	7,219
Construction In Progress	2,345	2,522	2,546	4,350	5,405	2,831

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.