v3.25.4
Consolidated balance sheets - EUR (€)
€ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents € 1,599,113 € 1,180,187
Trade accounts and other receivables from unrelated parties 3,142,298 3,367,111
Accounts receivable from related parties 32,683 40,936
Inventories 2,140,771 2,067,922
Other current assets 533,436 671,835
Other current financial assets 446,504 433,740
Assets held for sale 3,595 161,013
Total current assets 7,898,400 7,922,744
Property, plant and equipment 3,486,293 3,646,126
Right-of-use assets 3,013,502 3,612,456
Intangible assets 1,254,489 1,370,080
Goodwill 13,571,394 15,170,652
Deferred taxes 236,547 229,509
Investment in equity method investees 663,652 620,831
Other non-current assets 218,225 198,325
Other non-current financial assets 659,831 795,856
Total non-current assets 23,103,933 25,643,835
Total assets 31,002,333 33,566,579
Liabilities    
Accounts payable to unrelated parties 737,595 904,278
Accounts payable to related parties 97,951 80,044
Current provisions and other current liabilities 1,471,113 1,499,934
Other current financial liabilities 1,601,517 1,787,373
Short-term debt from unrelated parties 17,015 2,099
Current portion of long-term debt 1,596,029 575,283
Current portion of lease liabilities from unrelated parties 577,392 615,983
Current portion of lease liabilities from related parties 6,896 24,901
Income tax liabilities 139,595 142,654
Liabilities directly associated with assets held for sale   27,511
Total current liabilities 6,245,103 5,660,060
Long-term debt, less current portion 5,691,852 6,260,825
Lease liabilities from unrelated parties, less current portion 2,895,215 3,411,855
Lease liabilities from related parties, less current portion 11,206 87,962
Non-current provisions and other non-current liabilities 320,914 374,163
Other non-current financial liabilities 182,166 538,685
Pension liabilities 574,807 678,673
Income tax liabilities 108,738 76,953
Deferred taxes 689,523 708,890
Total non-current liabilities 10,474,421 12,138,006
Total liabilities 16,719,524 17,798,066
Shareholders' equity:    
Ordinary shares, no par value, €1.00 nominal value, 382,754,793 shares authorized, 293,413,449 issued and 279,288,885 outstanding as of December 31, 2025 (December 31, 2024: 362,370,124 shares authorized, 293,413,449 issued and outstanding) 293,413 293,413
Treasury stock, at cost (586,094)  
Additional paid-in capital 3,079,368 3,345,408
Retained earnings 12,207,913 11,266,287
Accumulated other comprehensive income (loss) (1,684,768) (328,545)
Total FME AG shareholders' equity 13,309,832 14,576,563
Noncontrolling interests 972,977 1,191,950
Total equity 14,282,809 15,768,513
Total liabilities and equity € 31,002,333 € 33,566,579