Pearson plc (ETR: PES)

Pearson Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	332	312	558	937	1,097	437
Trading Asset Securities	-	-	-	-	-	15
Cash & Short-Term Investments	332	312	558	937	1,097	452
Cash Growth	-6.48%	-44.09%	-40.45%	-14.59%	142.70%	-20.42%
Accounts Receivable	1,081	725	856	882	825	939
Other Receivables	23	106	91	201	102	194
Receivables	1,104	831	947	1,083	927	1,133
Inventory	89	91	105	98	129	169
Prepaid Expenses	-	233	200	198	189	138
Other Current Assets	996	966	1,008	905	998	1,281
Total Current Assets	2,521	2,433	2,818	3,221	3,340	3,173
Property, Plant & Equipment	207	217	250	366	515	618
Long-Term Investments	152	165	158	137	144	129
Goodwill	2,436	2,434	2,480	2,145	2,094	2,139
Other Intangible Assets	614	657	697	624	648	761
Long-Term Accounts Receivable	134	85	107	102	121	191
Long-Term Deferred Tax Assets	34	35	57	57	32	59
Other Long-Term Assets	611	701	757	691	557	580
Total Assets	6,709	6,727	7,324	7,343	7,451	7,650
Accounts Payable	1,036	317	348	351	340	358
Accrued Expenses	-	632	513	492	337	336
Short-Term Debt	250	3	15	-	-	-
Current Portion of Long-Term Debt	44	5	11	91	193	18
Current Portion of Leases	63	64	71	68	73	89
Current Income Taxes Payable	15	32	43	125	84	55
Current Unearned Revenue	-	295	340	330	304	305
Other Current Liabilities	10	56	138	123	314	331
Total Current Liabilities	1,418	1,404	1,479	1,580	1,645	1,492
Long-Term Debt	845	649	664	710	827	847
Long-Term Leases	458	483	534	565	610	749
Long-Term Unearned Revenue	-	73	60	56	52	55
Long-Term Deferred Tax Liabilities	56	46	37	40	62	48
Other Long-Term Liabilities	79	40	74	46	36	44
Total Liabilities	2,898	2,739	2,909	3,063	3,317	3,327
Common Stock	167	174	179	189	188	195
Additional Paid-In Capital	2,644	2,642	2,633	2,626	2,620	2,614
Retained Earnings	574	745	881	1,067	865	911
Treasury Stock	-15	-19	-15	-12	-7	-24
Comprehensive Income & Other	426	432	724	400	459	617
Total Common Equity	3,796	3,974	4,402	4,270	4,125	4,313
Minority Interest	15	14	13	10	9	10
Shareholders' Equity	3,811	3,988	4,415	4,280	4,134	4,323
Total Liabilities & Equity	6,709	6,727	7,324	7,343	7,451	7,650
Total Debt	1,660	1,204	1,295	1,434	1,703	1,703
Net Cash (Debt)	-1,328	-892	-737	-497	-606	-1,251
Net Cash Per Share	-1.89	-1.24	-0.99	-0.65	-0.80	-1.61
Filing Date Shares Outstanding	680.5	695.14	713.87	755.23	752.35	778.84
Total Common Shares Outstanding	680.5	695.14	713.87	755.23	752.35	778.84
Working Capital	1,103	1,029	1,339	1,641	1,695	1,681
Book Value Per Share	5.58	5.72	6.17	5.65	5.48	5.54
Tangible Book Value	746	883	1,225	1,501	1,383	1,413
Tangible Book Value Per Share	1.10	1.27	1.72	1.99	1.84	1.81
Land	-	165	178	226	296	300
Machinery	-	237	257	250	308	325
Construction In Progress	-	9	22	29	21	36

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