National Grid Balance Sheet (2009-2026)

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Balance Sheet	Mar2019	Mar2020	Mar2021	Jun2021	Mar2022	Sep2022	Dec2022	Mar2023	May2023	Sep2023	Dec2023	Mar2024	May2024	Sep2024	Dec2024	Mar2025	May2025	Sep2025	Nov2025	Mar2026
Assets
Current Assets
Cash & Equivalents (Quarter)	0.33B	0.09B	0.22B	0.06B	0.27B	0.31B	0.24B	0.20B	0.20B	0.29B	0.20B	0.71B	0.71B	1.44B	0.72B	1.48B	1.53B	1.59B	0.22B	0.51B
Short-term Investments (Quarter)	2.58B	2.56B	3.23B	0.10B	4.22B	3.17B	3.69B	3.17B	0.14B	2.12B	3.23B	4.69B	0.13B	7.86B	0.13B	7.25B	-0.16B	4.28B		3.31B
Cash & Current Investments (Quarter)	2.91B	2.65B	3.45B	0.16B	4.49B	3.47B	3.93B	3.36B	0.34B	2.40B	3.44B	5.40B	0.83B	9.31B	0.85B	8.73B	1.37B	5.87B	0.22B	3.81B
Receivables - Net (Quarter)	4.10B	3.83B	4.03B	0.37B	4.98B	4.34B	4.36B	3.14B	4.78B	4.20B	4.75B	4.33B	4.31B	3.41B	4.38B	5.15B	5.32B	3.82B	0.04B	5.21B
Receivables - Other (Quarter)	0.76B	0.33B	0.36B	0.00B	0.06B			0.07B				0.16B				0.41B				0.22B
Receivables (Quarter)	4.87B	4.15B	4.39B	0.38B	5.04B	4.34B	4.36B	3.21B	4.78B	4.20B	4.75B	4.49B	4.31B	3.41B	4.38B	5.56B	5.32B	3.82B	0.04B	5.43B
Raw Materials (Quarter)		0.34B	0.35B		0.40B			0.56B				0.69B				0.45B				0.48B
Inventory (Quarter)	0.48B	0.70B	0.61B		0.69B	1.14B	0.60B	1.06B	1.08B	1.17B	1.09B	1.05B	1.04B	0.82B	1.06B	0.70B	0.72B	0.86B		0.75B
Current Assets (Quarter)	10.34B	7.44B	13.70B	0.59B	24.10B	16.97B	21.07B	11.08B	11.28B	9.69B	11.31B	13.17B	13.09B	18.52B	13.32B	18.05B	18.63B	12.05B		10.09B
Non-Current Assets
Construction in Progress (Quarter)	6.57B
Land & Improvements (Quarter)	3.33B
Property, Plant & Equipment (Net) (Quarter)	72.21B	88.85B	91.08B	20.32B	103.18B	77.13B	67.48B	101.60B	79.31B	84.85B	79.97B	111.56B	86.93B	88.63B	88.44B	93.32B	96.29B	103.02B	1.28B	135.89B
Long-Term Investments (Quarter)	0.79B	1.28B	1.20B		1.66B	1.51B	1.45B	1.58B	-0.55B	1.78B	-0.55B	1.80B	-0.42B	1.15B	-0.43B	0.77B	-0.51B	0.84B		0.84B
Goodwill (Quarter)	6.99B	7.32B	6.33B	1.75B	12.79B	12.24B	11.18B	11.97B	12.12B	12.47B	12.22B	12.34B	12.27B	12.00B	12.49B	12.01B	12.39B	12.61B		12.70B
Intangibles (Quarter)	1.41B	3.31B	3.87B	0.07B	6.25B	4.17B	3.84B	6.49B	4.44B	4.68B	4.47B	4.35B	4.33B	4.35B	4.40B	4.49B	4.63B	4.95B	0.04B	5.23B
Goodwill & Intangibles (Quarter)	8.40B	10.63B	10.20B	1.82B	19.04B	16.40B	15.02B	18.46B	16.56B	17.15B	16.69B	16.69B	16.60B	16.34B	16.89B	16.49B	17.02B	17.56B	0.04B	17.93B
Long-Term Deferred Tax (Quarter)
Other Non-Current Assets (Quarter)	0.87B	0.70B	1.04B	0.04B	1.11B	0.64B	0.36B	1.04B	0.70B	0.72B	0.77B	1.12B	1.07B	1.09B	1.09B	1.21B	1.25B	1.21B	0.03B	1.87B
Non-Current Assets (Quarter)	-10.34B	-7.44B	-13.70B	-0.59B	103.18B	101.56B	90.19B	101.53B	102.81B	108.96B	103.74B	111.56B	110.95B	111.94B	112.88B	116.39B	120.10B	127.96B		-10.09B
Assets (Quarter)					127.29B	118.53B	111.26B	112.67B	114.10B	118.65B	115.05B	124.73B	124.04B	130.46B	126.20B	134.44B	138.72B	140.01B	1.60B
Liabilities
Current Liabilities
Accounts Payables (Quarter)	4.91B	4.62B	4.85B	0.74B	6.60B	-5.23B	-5.76B	6.16B	-6.24B	-5.62B	-6.29B	5.17B	-5.14B	-5.08B	-5.23B	-5.63B	-5.81B	-5.75B		6.81B
Notes Payables (Quarter)					-1.17B	-1.38B	-1.02B	-1.30B	-1.32B	-1.40B	-1.33B	-1.15B	-1.15B	-1.11B	-1.17B	-1.03B	-1.07B	-0.75B
Payables (Quarter)	4.91B	4.62B	4.85B	0.74B	6.60B	-5.23B	-5.76B	6.16B	-6.24B	-5.62B	-6.29B	5.17B	-5.14B	-5.08B	-5.23B	-5.63B	-5.81B	-6.50B		6.81B
Short term Debt (Quarter)	5.82B	5.22B	5.15B	1.02B	16.26B	10.85B		3.59B		3.39B		6.16B		3.46B		5.87B	-55.72B	-57.06B		5.26B
Current Taxes (Quarter)	0.21B	0.11B	0.10B		0.04B	-0.10B	-0.04B	0.29B	-0.29B	-0.29B	-0.29B	0.28B	-0.28B	-0.23B	-0.28B	-0.28B	-0.28B	-0.25B		0.06B
Current Deferred Revenue (Quarter)	1.29B	1.48B	1.60B		1.98B	-1.99B	-1.57B	2.44B	-2.16B	-2.40B	-2.18B	2.85B	-2.67B	-2.82B	-2.72B	-3.05B	-3.14B	-3.39B		3.79B
Total Current Liabilities (Quarter)	11.88B	10.98B	12.92B	1.81B	33.24B	-23.81B	-29.05B	11.10B	-11.24B	-10.42B	-11.33B	14.45B	-14.37B	-11.51B	-14.62B	-13.38B	-13.80B	-12.39B		13.21B
Non-Current Liabilities
Non-Current Debt (Quarter)	31.58B	34.25B	37.90B	8.33B	44.74B	-46.42B	-39.11B	48.66B	-49.27B	-53.01B	-49.68B	53.55B	-53.25B	-54.40B	-54.18B	-54.00B	-55.72B	57.06B		57.78B
Non-Current Deffered Revenue (Quarter)	1.21B	1.39B	1.51B	3.78B	1.80B	1.99B		2.13B		2.40B		2.69B		2.82B		3.05B		3.39B		3.64B
Pension (Quarter)	2.32B	3.59B	1.42B		1.09B	-0.95B	-0.09B	-2.37B	-0.06B	-2.19B	-0.06B	-2.30B	0.04B	-2.40B	-0.76B	-0.72B	-0.12B	-0.47B		0.49B
Minority Interest (Quarter)					0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.04B
Liabilities from Discontinued Operations (Quarter)			2.16B		9.65B	-6.41B	-8.43B	0.13B	-0.13B	-0.06B	-0.14B	1.87B	-1.86B	-1.68B	-1.89B	-0.55B	-0.56B	-0.44B
Non-Current Deferred Tax Liability (Quarter)	5.49B	5.70B	6.64B	1.41B	9.08B	-9.10B	-7.93B	8.73B	-8.84B	-9.21B	-8.91B	9.54B	-9.49B	-9.42B	-9.65B	-10.12B	-10.45B	-10.95B		12.19B
Operating Leases (Quarter)
Other Non-Current Liabilities (Quarter)	1.05B	1.14B	1.16B	0.08B	1.08B	-1.09B	-0.94B	1.12B	-1.13B	-1.26B	-1.14B	1.12B	-1.11B	-1.09B	-1.13B	-1.10B	-1.14B	-1.21B	0.26B	1.50B
Total Non-Current Liabilities (Quarter)	45.19B	50.25B	52.38B	13.60B	62.04B	-64.13B	-54.23B	65.64B	-66.47B	-71.12B	-67.03B	72.36B	-71.96B	-73.01B	-73.22B	-73.42B	-75.76B	-77.40B	0.18B	79.75B
Total Liabilities (Quarter)	57.08B	61.23B	65.30B	15.41B	95.28B	-87.94B	111.26B	-76.74B	114.10B	-81.54B	115.05B	86.81B	124.04B	-84.52B	126.20B	-86.80B	138.72B	-89.79B	0.44B	92.96B
Shareholder's Equity
Total Debt (Quarter)	37.40B	39.47B	43.05B	9.35B	61.01B	-35.57B	-39.11B	52.25B	-49.27B	-49.62B	-49.68B	59.71B	-53.25B	-50.94B	-54.18B	-48.13B	-55.72B			63.03B
Common Equity (Quarter)	25.48B	25.37B	27.39B	5.50B	32.01B	30.59B	27.98B	35.93B	36.39B	37.11B	36.69B	37.92B	37.71B	45.94B	38.37B	47.64B	49.16B	50.22B	1.16B	53.02B
Liabilities and Shareholders Equity (Quarter)					127.29B	118.53B	111.26B	112.67B	114.10B	118.65B	115.05B	124.73B	124.04B	130.46B	126.20B	134.44B	138.72B	140.01B	1.60B
Treasury Shares (Quarter)	0.36B	0.35B	0.37B		0.35B	0.02B	0.04B	0.31B	0.02B	0.03B	0.02B	0.31B	0.03B	0.31B	0.03B		0.02B	0.05B
Retained Earnings (Quarter)	-5.50B	-4.99B	-7.02B		-6.12B	-2.44B	-5.35B	-4.69B	-4.75B	-4.51B	-4.79B	40.68B	-5.03B	-6.09B	-5.12B	-5.33B	-5.50B	53.95B		56.50B

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National Grid NEWEN Balance Sheet (2009-2026)

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National Grid NEWEN Balance Sheet (2009-2026)

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