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

FLSmidth & Co. Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,070	1,352	2,130	1,935	946
Short-Term Investments	-	56	107	30	61
Cash & Short-Term Investments	1,070	1,408	2,237	1,965	1,007
Cash Growth	-24.01%	-37.06%	13.84%	95.13%	-4.46%
Accounts Receivable	7,082	7,285	8,255	6,470	5,628
Other Receivables	1,313	1,131	1,305	986	920
Receivables	8,395	8,416	9,560	7,456	6,548
Inventory	3,572	3,450	3,971	2,464	2,368
Prepaid Expenses	351	423	874	871	333
Other Current Assets	-	37	54	31	189
Total Current Assets	13,388	13,734	16,696	12,787	10,445
Property, Plant & Equipment	2,471	2,389	2,647	2,308	2,321
Long-Term Investments	92	137	216	211	202
Goodwill	6,559	6,448	6,433	4,364	4,194
Other Intangible Assets	2,067	1,989	1,932	1,893	2,046
Long-Term Deferred Tax Assets	2,358	2,314	1,921	1,490	1,248
Total Assets	26,935	27,011	29,845	23,053	20,456
Accounts Payable	3,538	4,024	4,339	3,367	3,055
Accrued Expenses	3	2	2	2	3
Short-Term Debt	47	-	-	-	-
Current Portion of Long-Term Debt	-	54	615	17	183
Current Portion of Leases	85	101	117	104	113
Current Income Taxes Payable	193	277	346	193	162
Current Unearned Revenue	4,271	4,620	5,785	4,276	2,860
Other Current Liabilities	3,658	3,609	3,349	2,100	1,986
Total Current Liabilities	11,795	12,687	14,553	10,059	8,362
Long-Term Debt	1,508	1,633	1,929	726	2,250
Long-Term Leases	133	132	206	200	209
Long-Term Unearned Revenue	303	338	578	587	240
Long-Term Deferred Tax Liabilities	220	207	294	169	200
Other Long-Term Liabilities	873	823	1,084	624	690
Total Liabilities	15,154	16,183	19,058	12,685	12,326
Common Stock	1,153	1,153	1,153	1,153	1,025
Retained Earnings	11,459	10,615	10,247	9,937	8,246
Comprehensive Income & Other	-811	-911	-587	-719	-1,135
Total Common Equity	11,801	10,857	10,813	10,371	8,136
Minority Interest	-20	-29	-26	-3	-6
Shareholders' Equity	11,781	10,828	10,787	10,368	8,130
Total Liabilities & Equity	26,935	27,011	29,845	23,053	20,456
Total Debt	1,773	1,920	2,867	1,047	2,755
Net Cash (Debt)	-703	-512	-630	918	-1,748
Net Cash Per Share	-12.29	-8.96	-11.08	17.63	-34.85
Filing Date Shares Outstanding	56.28	56.74	56.74	56.73	50.15
Total Common Shares Outstanding	56.28	56.74	56.74	56.73	50.15
Working Capital	1,593	1,047	2,143	2,728	2,083
Book Value Per Share	209.69	191.36	190.58	182.83	162.23
Tangible Book Value	3,175	2,420	2,448	4,114	1,896
Tangible Book Value Per Share	56.42	42.65	43.15	72.52	37.80
Land	-	2,469	2,595	2,529	2,306
Machinery	-	2,340	2,573	2,547	2,435
Construction In Progress	-	104	40	21	137
Order Backlog	-	17,593	23,541	16,592	14,874

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