Bce Balance Sheet (2016-2025) | BCE

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Balance Sheet	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025
Assets
Current Assets
Cash & Equivalents	0.45B	0.33B	0.47B	0.45B	0.64B	0.38B	0.44B	0.35B	0.52B	0.34B	0.33B	0.54B	0.41B	0.32B	0.32B	0.97B	0.68B	0.11B	0.17B	1.46B	0.18B	0.18B	-0.23B	0.47B	0.23B	0.22B	0.07B	0.33B	0.48B	0.07B	0.40B	1.04B	0.58B	0.40B	1.13B	0.35B	1.13B	1.14B
Short-term Investments															151.50B	584.78B															0.73B	0.22B	0.55B	0.18B	0.29B
Cash & Current Investments	0.45B	0.33B	0.47B	0.45B	0.64B	0.38B	0.44B	0.35B	0.52B	0.34B	0.33B	0.54B	0.41B	0.32B	151.82B	585.75B	0.68B	0.11B	0.17B	1.46B	0.18B	0.18B	-0.23B	0.47B	0.23B	0.22B	0.07B	0.33B	0.48B	0.07B	1.14B	1.26B	1.13B	0.58B	1.41B	0.35B	1.13B	1.14B
Receivables - Net	2.05B	2.07B	2.08B	2.23B	2.13B	2.12B	2.28B	2.46B	2.27B	2.26B	2.28B	2.21B	2.23B	2.17B	2.30B	2.23B	2.03B	2.21B	2.71B	2.57B	2.64B	2.78B	3.13B	2.80B	2.81B	2.93B	3.05B	2.83B	2.81B	2.86B	2.96B	2.92B	2.86B	2.95B	3.21B	2.82B	2.89B	2.99B
Receivables - Other				0.09B				0.65B	0.66B	0.69B	0.75B	0.74B	0.75B	0.79B	0.14B	0.77B	0.66B	0.60B	0.53B	0.44B	0.38B	0.33B	0.15B	0.30B	0.29B	0.29B	0.20B	0.31B	0.30B	0.30B	0.23B	0.32B	0.31B	0.30B	0.34B	0.34B	0.35B	0.37B
Receivables	2.05B	2.07B	2.08B	2.32B	2.13B	2.12B	2.28B	3.12B	2.94B	2.95B	3.03B	2.94B	2.98B	2.97B	2.44B	3.00B	2.69B	2.81B	3.23B	3.01B	3.02B	3.10B	3.28B	3.11B	3.10B	3.22B	3.24B	3.14B	3.11B	3.16B	3.19B	3.24B	3.16B	3.25B	3.55B	3.16B	3.24B	3.36B
Finished Goods	0.26B	0.27B	0.29B	1.22B	0.40B	0.45B	0.51B	2.10B	0.51B	0.58B	2.29B	0.52B	0.52B	0.61B	2.44B	0.46B	0.40B	0.65B	2.34B	0.58B	0.54B	0.59B	2.46B	0.53B	0.49B	0.64B	2.37B	0.62B	0.57B	0.60B	2.58B
Inventory	0.30B	0.32B	0.32B	0.30B	0.32B	0.33B	0.35B	0.30B	0.34B	0.38B	0.33B	0.35B	0.36B	0.37B	0.32B	0.36B	0.32B	0.32B	0.34B	0.36B	0.34B	0.33B	0.38B	0.45B	0.44B	0.48B	0.48B	0.50B	0.49B	0.47B	0.34B	0.34B	0.30B	0.28B	0.30B	0.29B	0.33B	0.27B
Prepaid Assets	0.40B	0.42B	0.35B	0.31B	0.41B	0.41B	0.39B	0.17B	0.29B	0.24B	0.18B	0.26B	0.26B	0.20B	0.15B	0.21B	0.22B	0.20B	0.16B	0.27B	0.28B	0.23B	0.20B	0.30B	0.29B	0.23B	0.18B	0.28B	0.29B	0.25B	0.17B	0.29B	0.30B	0.24B	0.19B	0.24B	0.29B	0.26B
Current Assets	3.22B	3.45B	4.34B	3.64B	3.57B	3.35B	4.73B	4.45B	4.31B	4.59B	4.39B	4.54B	4.85B	4.74B	4.18B	6.20B	5.38B	5.65B	4.36B	6.23B	5.65B	5.99B	4.92B	4.59B	4.94B	5.24B	4.78B	5.30B	5.19B	5.03B	5.80B	5.86B	6.27B	6.46B	6.39B	5.42B	5.10B	5.12B
Non-Current Assets
Property, Plant & Equipment (Net)	15.72B	16.85B	16.78B	16.75B	17.71B	17.54B	18.94B	18.91B	18.91B	18.91B	18.82B	20.51B	20.49B	20.74B	20.93B	20.46B	19.36B	20.30B	21.10B	21.63B	22.42B	22.10B	22.40B	22.19B	22.08B	21.83B	21.55B	21.62B	22.27B	22.50B	22.29B	22.53B	21.98B	21.93B	21.48B	20.75B	21.30B	23.80B
Long-Term Investments	0.81B	0.86B	0.79B	0.64B	0.66B	0.66B	0.66B	0.64B	0.62B	0.59B	0.60B	0.60B	0.55B	0.53B	0.53B	0.54B	0.52B	0.58B	0.58B	0.59B	0.59B	0.55B	0.53B	0.52B	0.50B	0.47B	0.45B	0.49B	0.24B	0.24B	0.24B	0.24B	0.24B	0.23B	0.24B	0.23B	0.24B	0.27B
Goodwill	6.28B	6.69B	6.61B	6.72B	7.85B	7.72B	8.31B	8.21B	8.19B	8.15B	8.07B	8.01B	7.98B	8.08B	8.08B	7.96B	7.61B	7.92B	8.13B	8.38B	8.61B	8.40B	8.39B	8.47B	8.41B	8.20B	8.03B	8.01B	8.21B	8.22B	8.04B	8.16B	8.30B	7.54B	7.35B	7.09B	7.34B	10.57B
Intangibles	8.26B	8.87B	8.94B	8.99B	10.09B	9.98B	10.76B	10.44B	10.39B	10.22B	10.00B	9.98B	9.89B	10.20B	10.11B	10.08B	9.30B	9.70B	10.05B	10.45B	10.79B	10.62B	12.35B	12.49B	12.51B	12.39B	11.92B	12.09B	12.21B	12.30B	12.20B	12.45B	12.89B	12.33B	12.02B	11.72B	12.08B	11.71B
Goodwill & Intangibles	14.54B	15.55B	15.55B	15.71B	17.93B	17.70B	19.07B	18.64B	18.58B	18.37B	18.08B	17.99B	17.87B	18.28B	18.19B	18.04B	16.91B	17.62B	18.18B	18.83B	19.40B	19.02B	20.74B	20.96B	20.92B	20.60B	19.96B	20.10B	20.41B	20.52B	20.24B	20.61B	21.19B	19.88B	19.36B	18.81B	19.42B	22.28B
Long-Term Deferred Tax	0.08B	0.09B	0.09B	0.07B	0.13B	0.13B	0.15B	0.11B	0.12B	0.09B	0.08B	0.10B	0.10B	0.11B	0.07B	0.07B	0.09B	0.11B	0.08B	0.08B	0.10B	0.10B	0.08B	0.09B	0.08B	0.08B	0.06B	0.08B	0.08B	0.09B	0.07B	0.09B	0.09B	0.09B	0.10B	0.11B	0.10B	0.18B
Other Non-Current Assets	0.57B	0.65B	0.60B	0.76B	0.66B	0.47B	0.76B	0.60B	0.76B	0.97B	0.64B	0.65B	0.52B	0.89B	0.54B	1.00B	0.84B	0.84B	0.77B	0.89B	0.95B	1.44B	1.04B	1.09B	1.03B	1.01B	1.00B	0.99B	0.89B	0.93B	1.26B	1.34B	1.25B	1.32B	1.64B	1.60B	1.62B	1.65B
Non-Current Assets	31.71B	34.00B	33.82B	33.93B	37.10B	36.50B	39.58B	39.47B	39.53B	39.51B	38.87B	40.46B	40.15B	41.19B	41.38B	42.67B	38.75B	40.59B	42.17B	44.53B	46.52B	46.71B	48.05B	48.57B	48.42B	47.33B	46.30B	46.46B	46.96B	47.47B	47.04B	47.99B	48.01B	46.84B	46.22B	44.87B	46.24B	51.97B
Assets	34.93B	37.45B	38.16B	37.57B	40.68B	39.86B	44.31B	43.92B	43.84B	44.10B	43.26B	45.00B	45.00B	45.93B	45.56B	48.87B	44.13B	46.24B	46.53B	50.76B	52.17B	52.70B	52.97B	53.16B	53.36B	52.57B	51.07B	51.76B	52.15B	52.49B	52.84B	53.85B	54.28B	53.30B	52.60B	50.29B	51.34B	57.09B
Liabilities
Current Liabilities
Accounts Payables	2.97B	3.10B	3.09B	3.24B	3.05B	3.18B	3.56B	3.05B	2.79B	2.89B	2.99B	2.71B	2.78B	2.77B	3.00B	2.49B	2.41B	2.68B	3.02B	2.94B	3.18B	3.28B	3.53B	3.03B	3.33B	3.53B	3.85B	3.02B	3.24B	3.25B	3.47B	3.22B	3.17B	3.00B	3.23B	2.88B	3.09B	3.04B
Dividends payables	0.44B	0.47B	0.46B	0.46B	0.48B	0.49B	0.53B	0.53B	0.54B	0.54B	0.52B	0.55B	0.55B	0.55B	0.55B	0.57B	0.55B	0.58B	0.59B	0.64B	0.66B	0.64B	0.64B	0.67B	0.67B	0.66B	0.64B	0.67B	0.67B	0.68B	0.67B	0.70B	0.69B	0.69B	0.67B	0.66B	0.31B	0.32B
Payables	3.41B	3.57B	3.55B	3.71B	3.54B	3.66B	4.10B	3.58B	3.34B	3.43B	3.51B	3.27B	3.33B	3.32B	3.55B	3.06B	2.96B	3.25B	3.61B	3.58B	3.83B	3.93B	4.18B	3.71B	4.00B	4.19B	4.49B	3.68B	3.91B	3.93B	4.14B	3.92B	3.86B	3.69B	3.89B	3.54B	3.40B	3.35B
Accumulated Expenses	0.11B	0.11B	0.11B	0.12B	0.13B	0.12B	0.14B	0.13B	0.14B	0.18B	0.15B	0.15B	0.16B	0.16B	0.17B	0.14B	0.17B	0.14B	0.17B	0.14B	0.19B	0.13B	0.20B	0.13B	0.20B	0.15B	0.21B	0.15B	0.23B	0.19B	0.24B	0.25B	0.29B	0.24B	0.28B	0.20B	0.30B	0.20B
Other Accumulated Expenses															88.63B	95.47B
Short term Debt	3.29B	3.52B	3.83B	3.66B	4.76B	4.42B	4.85B	4.08B	4.44B	3.73B	3.52B	4.12B	4.24B	3.58B	2.94B	3.14B	1.86B	2.18B	1.85B	2.99B	1.87B	1.58B	2.08B	2.43B	2.60B	3.59B	3.05B	4.69B	4.50B	3.86B	3.70B	4.74B	4.82B	5.48B	5.49B	3.71B	3.64B	4.23B
Current Taxes	0.03B	0.09B	0.11B	0.09B	0.05B	0.13B	0.19B	0.11B	0.11B	0.12B	0.19B	0.16B	0.21B	0.29B	0.23B	0.14B	0.21B	0.22B	0.16B	0.21B	0.28B	0.13B	0.11B	0.15B	0.23B	0.20B	0.08B	0.12B	0.15B	0.21B	0.20B	0.13B	0.05B	0.04B	0.03B	0.10B	0.17B	0.52B
Current Deferred Revenue								0.55B			0.53B				0.52B				0.55B				0.63B				0.63B				0.60B				0.55B
Total Current Liabilities	6.84B	7.29B	7.61B	7.58B	8.48B	8.34B	9.28B	8.45B	8.56B	7.99B	7.90B	8.26B	8.48B	7.86B	7.41B	7.02B	5.87B	6.44B	6.34B	7.53B	6.80B	6.36B	7.23B	7.08B	7.65B	8.75B	8.45B	9.36B	9.37B	8.78B	8.89B	9.65B	9.59B	10.36B	10.63B	8.45B	8.35B	8.85B
Non-Current Liabilities
Non-Current Debt	11.54B	12.27B	12.66B	12.42B	13.41B	12.97B	14.72B	14.34B	14.24B	14.98B	14.97B	16.55B	16.40B	17.00B	16.98B	19.03B	18.05B	18.70B	18.34B	19.72B	20.68B	21.50B	21.46B	21.22B	21.18B	20.52B	20.47B	20.31B	21.08B	22.03B	22.87B	23.22B	24.07B	23.90B	23.50B	23.60B	23.47B	25.54B
Non-Current Deffered Revenue								0.55B	0.53B	0.54B	0.53B	0.55B	0.53B	0.52B	0.52B	0.54B	0.52B	0.52B	0.55B	0.60B	0.62B	0.59B	0.20B	0.66B	0.62B	0.61B	0.17B	0.63B	0.59B	0.60B	0.20B	0.61B	0.55B	0.52B	0.55B	0.54B	0.49B	0.54B
Pension	2.10B	2.57B	2.75B	1.58B	1.70B	1.85B	1.73B	1.66B	1.54B	1.45B	1.41B	1.50B	1.61B	1.54B	1.44B	1.20B	1.43B	1.48B	1.50B	1.36B	1.41B	1.33B	1.38B	1.16B	0.99B	0.99B	0.97B	1.00B	1.00B	0.91B	0.94B	0.91B	0.88B	0.91B	0.86B	0.83B	0.83B	0.86B
Liabilities from Discontinued Operations																	0.15B	0.12B					0.03B					0.08B			0.01B	0.01B	0.03B	0.39B	0.38B	0.37B	0.36B	0.01B
Non-Current Deferred Tax Liability	1.17B	1.22B	1.23B	1.64B	1.63B	1.59B	1.92B	2.26B	2.43B	2.47B	2.40B	2.38B	2.35B	2.59B	2.70B	3.31B	2.72B	2.87B	2.92B	3.39B	3.69B	3.83B	3.71B	4.00B	4.02B	3.77B	3.65B	3.68B	3.65B	3.70B	3.58B	3.70B	3.85B	3.85B	3.75B	3.72B	3.98B	4.01B
Other Non-Current Liabilities	1.03B	1.10B	1.07B	0.96B	0.95B	0.93B	1.00B	0.83B	0.85B	0.89B	0.76B	0.71B	0.70B	0.66B	0.66B	0.68B	0.67B	0.77B	0.88B	0.90B	0.88B	0.80B	0.80B	0.74B	0.69B	0.74B	0.79B	0.76B	0.89B	0.98B	1.26B	1.05B	1.04B	0.85B	1.18B	1.16B	1.17B	1.02B
Total Non-Current Liabilities	15.84B	17.15B	17.71B	16.60B	17.70B	17.33B	19.37B	19.24B	19.21B	19.94B	19.68B	21.29B	21.23B	21.96B	21.94B	24.37B	23.02B	23.99B	23.83B	25.56B	26.85B	27.66B	27.54B	27.30B	27.07B	26.20B	26.04B	25.93B	26.81B	27.82B	28.85B	29.08B	30.06B	29.77B	29.55B	29.57B	29.72B	31.71B
Total Liabilities	22.68B	24.44B	25.31B	24.18B	26.18B	25.67B	28.64B	27.69B	27.78B	27.93B	27.59B	29.55B	29.71B	29.82B	29.34B	31.40B	28.89B	30.42B	30.17B	33.09B	33.65B	34.02B	34.77B	34.38B	34.72B	34.95B	34.49B	35.29B	36.18B	36.60B	37.74B	38.73B	39.65B	40.12B	40.18B	38.01B	38.08B	40.55B
Shareholder's Equity
Total Debt	14.83B	15.79B	16.49B	16.09B	18.18B	17.38B	19.57B	18.41B	18.68B	18.71B	18.49B	20.68B	20.65B	20.59B	19.92B	22.17B	19.91B	20.88B	20.19B	22.72B	22.56B	23.09B	23.54B	23.65B	23.78B	24.12B	23.52B	25.00B	25.57B	25.89B	26.57B	27.95B	28.88B	29.38B	28.99B	27.31B	27.11B	29.77B
Common Equity	12.25B	13.01B	12.85B	13.39B	14.50B	14.19B	15.66B	16.23B	16.06B	16.17B	15.67B	15.44B	15.29B	16.11B	16.22B	17.47B	15.24B	15.82B	16.36B	17.67B	18.52B	18.68B	17.96B	18.78B	18.64B	17.62B	16.34B	16.47B	15.97B	15.89B	14.86B	15.12B	14.63B	13.18B	12.43B	12.28B	13.26B	16.53B
Shareholder's Equity	12.03B	12.77B	12.61B	13.15B	14.26B	13.95B	15.40B	15.98B	15.82B	15.93B	15.43B	15.21B	15.05B	15.85B	15.96B	17.22B	14.99B	15.56B	16.10B	17.40B	18.25B	18.40B	17.96B	18.53B	18.38B	17.36B	16.34B	16.22B	15.72B	15.64B	14.86B	14.88B	14.40B	12.96B	12.22B	12.08B	13.04B	16.31B
Liabilities and Shareholders Equity	34.93B	37.45B	38.16B	37.57B	40.68B	39.86B	44.31B	43.92B	43.84B	44.10B	43.26B	45.00B	45.00B	45.93B	45.56B	48.87B	44.13B	46.24B	46.53B	50.76B	52.17B	52.70B	52.97B	53.16B	53.36B	52.57B	51.07B	51.76B	52.15B	52.49B	52.84B	53.85B	54.28B	53.30B	52.60B	50.29B	51.34B	57.09B
Retained Earnings	5.04B	5.46B	5.44B	4.53B	4.78B	4.81B	4.68B	3.89B	3.73B	3.35B	-3.74B	-3.77B	-3.88B	-3.59B	-3.51B	-2.23B	-3.71B	-3.82B	-3.59B	-2.92B	-2.77B	-2.35B	-2.70B	-2.16B	-2.12B	-2.49B	-2.69B	-2.90B	-3.44B	-3.52B	-4.05B	-4.24B	-4.37B	-5.89B	-6.04B	-6.02B	-6.05B	-2.95B
Preferred Shares	2.92B	3.11B	3.07B	3.00B	3.02B	2.98B	3.19B	3.15B	3.10B	3.06B	3.03B	3.01B	2.99B	3.03B	3.03B	2.99B	2.89B	3.00B	3.07B	3.16B	3.26B	3.18B	3.18B	3.07B	3.05B	2.98B	2.85B	2.83B	2.81B	2.79B	2.69B	2.68B	2.60B	2.61B	2.53B	2.43B	2.47B	2.42B

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Bce Balance Sheet (2016-2025) | BCE

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