FLSmidth & Co. Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	554	594	1,070	1,352	2,130	1,935
Cash & Short-Term Investments	554	594	1,070	1,352	2,130	1,935
Cash Growth	-35.51%	-44.49%	-20.86%	-36.53%	10.08%	104.55%
Accounts Receivable	2,879	3,102	4,073	4,516	5,108	4,112
Other Receivables	1,170	1,097	1,313	1,224	1,466	1,047
Total Trade Receivables	4,049	4,199	5,386	5,740	6,574	5,159
Inventory	3,707	3,435	3,572	3,450	3,971	2,464
Other Current Assets	2,459	2,354	3,360	3,192	4,021	3,229
Total Current Assets	10,769	10,534	13,388	13,734	16,696	12,787
Net Property, Plant & Equipment	2,413	2,319	2,471	2,389	2,647	2,308
Other Intangible Assets	1,510	1,534	2,067	1,989	1,932	1,893
Goodwill	6,381	6,293	6,559	6,448	6,433	4,364
Long-Term Investments	104	95	92	137	216	211
Other Long-Term Assets	2,688	2,625	4,808	4,765	4,058	3,191
Total Assets	22,469	22,088	26,935	27,011	29,845	23,053
Accounts Payable	2,627	2,585	3,538	4,024	4,339	3,367
Accrued Expenses	321	0	3	2	2	2
Current Portion of Long-Term Debt	2,022	113	47	54	615	17
Current Portion of Leases	206	66	85	101	117	104
Unearned Revenue	2,370	2,827	4,271	4,620	5,785	4,276
Other Current Liabilities	751	3,202	3,971	3,996	3,798	2,412
Total Current Liabilities	8,690	8,654	11,795	12,687	14,553	10,059
Long-Term Debt	128	2,208	1,508	1,633	1,929	726
Long-Term Leases	91	184	133	132	206	200
Other Long-Term Liabilities	3,860	1,403	1,598	1,621	2,267	1,581
Total Long-Term Liabilities	3,686	3,934	3,359	3,496	4,505	2,626
Total Liabilities	12,376	12,588	15,154	16,183	19,058	12,685
Common Stock	1,153	1,153	1,153	1,153	1,153	1,153
Accumulated Other Comprehensive Income	-1,462	-1,659	-811	-911	-587	-719
Retained Earnings	10,414	10,018	11,459	10,615	10,247	9,937
Total Common Shareholders' Equity	10,105	9,512	11,801	10,857	10,813	10,371
Minority Interest	-12	-12	-20	-29	-26	-3
Shareholders' Equity	10,093	9,500	11,781	10,828	10,787	10,368
Total Liabilities & Equity	22,469	22,088	26,935	27,011	29,845	23,053
Total Debt	2,447	2,571	1,773	1,920	2,867	1,047
Net Cash (Debt)	-1,893	-1,977	-703	-568	-737	888
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-34.91	-34.93	-12.26	-9.94	-12.96	17.05
Book Value	10,105	9,512	11,801	10,857	10,813	10,371
Book Value Per Share	186.37	168.05	205.83	190.02	190.10	199.14
Tangible Book Value	2,214	1,685	3,175	2,420	2,448	4,114
Tangible Book Value Per Share	40.83	29.77	55.38	42.35	43.04	78.99