FLSmidth & Co. A/S (CPH: FLS)

FLSmidth & Co. Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,512	1,352	2,130	1,935	946	1,001
Short-Term Investments	-	56	107	30	61	53
Cash & Short-Term Investments	1,512	1,408	2,237	1,965	1,007	1,054
Cash Growth	-13.80%	-37.06%	13.84%	95.13%	-4.46%	20.46%
Accounts Receivable	7,676	7,285	8,255	6,470	5,628	7,680
Other Receivables	1,692	1,131	1,305	986	920	879
Receivables	9,368	8,416	9,560	7,456	6,548	8,559
Inventory	3,544	3,450	3,971	2,464	2,368	2,714
Prepaid Expenses	516	423	874	871	333	591
Other Current Assets	-	37	54	31	189	36
Total Current Assets	14,940	13,734	16,696	12,787	10,445	12,954
Property, Plant & Equipment	2,290	2,389	2,647	2,308	2,321	2,512
Long-Term Investments	97	137	216	211	202	209
Goodwill	6,560	6,448	6,433	4,364	4,194	4,376
Other Intangible Assets	1,993	1,989	1,932	1,893	2,046	2,235
Long-Term Deferred Tax Assets	2,206	2,314	1,921	1,490	1,248	1,246
Total Assets	28,086	27,011	29,845	23,053	20,456	23,532
Accounts Payable	3,523	4,024	4,339	3,367	3,055	4,350
Accrued Expenses	2	2	2	2	3	4
Current Portion of Long-Term Debt	144	54	615	17	183	285
Current Portion of Leases	83	101	117	104	113	114
Current Income Taxes Payable	359	277	346	193	162	180
Current Unearned Revenue	5,411	4,620	5,785	4,276	2,860	3,095
Other Current Liabilities	3,452	3,609	3,349	2,100	1,986	1,960
Total Current Liabilities	12,974	12,687	14,553	10,059	8,362	9,988
Long-Term Debt	2,350	1,633	1,929	726	2,250	2,890
Long-Term Leases	87	132	206	200	209	204
Long-Term Unearned Revenue	190	338	578	587	240	251
Long-Term Deferred Tax Liabilities	210	207	294	169	200	352
Other Long-Term Liabilities	826	823	1,084	624	690	692
Total Liabilities	16,974	16,183	19,058	12,685	12,326	14,739
Common Stock	1,153	1,153	1,153	1,153	1,025	1,025
Retained Earnings	10,776	10,615	10,247	9,937	8,246	8,082
Comprensive Income & Other	-793	-911	-587	-719	-1,135	-328
Total Common Equity	11,136	10,857	10,813	10,371	8,136	8,779
Minority Interest	-24	-29	-26	-3	-6	14
Shareholders' Equity	11,112	10,828	10,787	10,368	8,130	8,793
Total Liabilities & Equity	28,086	27,011	29,845	23,053	20,456	23,532
Total Debt	2,664	1,920	2,867	1,047	2,755	3,493
Net Cash (Debt)	-1,152	-512	-630	918	-1,748	-2,439
Net Cash Per Share	-19.93	-8.96	-11.08	17.63	-34.85	-48.69
Filing Date Shares Outstanding	56.84	56.74	56.74	56.73	50.15	50.06
Total Common Shares Outstanding	56.84	56.74	56.74	56.73	50.15	50.06
Working Capital	1,966	1,047	2,143	2,728	2,083	2,966
Book Value Per Share	195.93	191.36	190.58	182.83	162.23	175.38
Tangible Book Value	2,583	2,420	2,448	4,114	1,896	2,168
Tangible Book Value Per Share	45.45	42.65	43.15	72.52	37.80	43.31
Land	-	2,469	2,595	2,529	2,306	2,498
Machinery	-	2,340	2,573	2,547	2,435	2,620
Construction In Progress	-	104	40	21	137	80
Order Backlog	-	17,593	23,541	16,592	14,874	14,192

Source: S&P Capital IQ. Standard template. Financial Sources.