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

FLSmidth & Co. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,427	1,352	2,130	1,935	946	1,001
Short-Term Investments	-	56	107	30	61	53
Cash & Short-Term Investments	1,427	1,408	2,237	1,965	1,007	1,054
Cash Growth	-5.50%	-37.06%	13.84%	95.13%	-4.46%	20.46%
Accounts Receivable	7,554	7,285	8,255	6,470	5,628	7,680
Other Receivables	1,611	1,131	1,305	986	920	879
Receivables	9,165	8,416	9,560	7,456	6,548	8,559
Inventory	3,416	3,450	3,971	2,464	2,368	2,714
Prepaid Expenses	486	423	874	871	333	591
Other Current Assets	-	37	54	31	189	36
Total Current Assets	14,494	13,734	16,696	12,787	10,445	12,954
Property, Plant & Equipment	2,311	2,389	2,647	2,308	2,321	2,512
Long-Term Investments	96	137	216	211	202	209
Goodwill	6,461	6,448	6,433	4,364	4,194	4,376
Other Intangible Assets	2,026	1,989	1,932	1,893	2,046	2,235
Long-Term Deferred Tax Assets	2,231	2,314	1,921	1,490	1,248	1,246
Total Assets	27,619	27,011	29,845	23,053	20,456	23,532
Accounts Payable	3,440	4,024	4,339	3,367	3,055	4,350
Accrued Expenses	1	2	2	2	3	4
Current Portion of Long-Term Debt	202	54	615	17	183	285
Current Portion of Leases	89	101	117	104	113	114
Current Income Taxes Payable	466	277	346	193	162	180
Current Unearned Revenue	4,681	4,620	5,785	4,276	2,860	3,095
Other Current Liabilities	3,828	3,609	3,349	2,100	1,986	1,960
Total Current Liabilities	12,707	12,687	14,553	10,059	8,362	9,988
Long-Term Debt	2,179	1,633	1,929	726	2,250	2,890
Long-Term Leases	83	132	206	200	209	204
Long-Term Unearned Revenue	191	338	578	587	240	251
Long-Term Deferred Tax Liabilities	218	207	294	169	200	352
Other Long-Term Liabilities	822	823	1,084	624	690	692
Total Liabilities	16,525	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	11,082	10,615	10,247	9,937	8,246	8,082
Comprehensive Income & Other	-1,118	-911	-587	-719	-1,135	-328
Total Common Equity	11,117	10,857	10,813	10,371	8,136	8,779
Minority Interest	-23	-29	-26	-3	-6	14
Shareholders' Equity	11,094	10,828	10,787	10,368	8,130	8,793
Total Liabilities & Equity	27,619	27,011	29,845	23,053	20,456	23,532
Total Debt	2,553	1,920	2,867	1,047	2,755	3,493
Net Cash (Debt)	-1,126	-512	-630	918	-1,748	-2,439
Net Cash Per Share	-19.68	-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	1,787	1,047	2,143	2,728	2,083	2,966
Book Value Per Share	195.59	191.36	190.58	182.83	162.23	175.38
Tangible Book Value	2,630	2,420	2,448	4,114	1,896	2,168
Tangible Book Value Per Share	46.27	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.