Valmet Oyj Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	479	482	432	277	517	274
Short-Term Investments	30	38	28	31	47	74
Cash & Short-Term Investments	509	520	460	308	564	348
Cash Growth	-27.29%	13.04%	49.35%	-45.39%	62.07%	-2.79%
Accounts Receivable	1,042	1,206	1,448	1,319	924	831
Other Receivables	76	64	56	268	178	161
Receivables	1,118	1,270	1,504	1,587	1,102	992
Inventory	951	903	1,048	934	662	554
Other Current Assets	245	251	284	58	35	49
Total Current Assets	2,823	2,944	3,296	2,887	2,363	1,943
Property, Plant & Equipment	747	726	698	600	468	441
Long-Term Investments	29	29	26	25	472	478
Goodwill	1,798	1,808	1,735	1,611	730	711
Other Intangible Assets	1,059	1,127	1,142	1,030	274	272
Long-Term Accounts Receivable	19	22	8	-	-	-
Long-Term Deferred Tax Assets	96	94	90	60	66	61
Other Long-Term Assets	100	82	69	58	46	52
Total Assets	6,671	6,832	7,064	6,271	4,420	3,959
Accounts Payable	448	460	520	442	374	372
Accrued Expenses	-	239	237	214	159	145
Current Portion of Long-Term Debt	123	115	103	155	222	18
Current Portion of Leases	47	50	43	35	22	22
Current Income Taxes Payable	82	75	85	79	79	65
Current Unearned Revenue	887	904	1,151	1,205	1,263	1,002
Other Current Liabilities	883	513	525	608	450	405
Total Current Liabilities	2,470	2,356	2,664	2,738	2,569	2,029
Long-Term Debt	1,136	1,272	1,240	555	195	421
Long-Term Leases	134	107	98	63	37	40
Pension & Post-Retirement Benefits	160	157	154	132	189	201
Long-Term Deferred Tax Liabilities	261	284	283	238	69	65
Other Long-Term Liabilities	40	42	54	46	29	60
Total Liabilities	4,201	4,218	4,493	3,772	3,088	2,816
Common Stock	140	140	140	140	100	100
Retained Earnings	1,056	1,137	1,096	997	804	633
Comprehensive Income & Other	1,267	1,330	1,329	1,357	422	404
Total Common Equity	2,463	2,607	2,565	2,494	1,326	1,137
Minority Interest	7	7	6	5	6	6
Shareholders' Equity	2,470	2,614	2,571	2,499	1,332	1,143
Total Liabilities & Equity	6,671	6,832	7,064	6,271	4,420	3,959
Total Debt	1,440	1,544	1,484	808	476	501
Net Cash (Debt)	-931	-1,024	-1,024	-500	88	-153
Net Cash Per Share	-5.05	-5.56	-5.56	-2.85	0.59	-1.02
Filing Date Shares Outstanding	184.24	184.17	184.16	184.18	149.47	149.49
Total Common Shares Outstanding	184.24	184.17	184.16	184.18	149.47	149.49
Working Capital	353	588	632	149	-206	-86
Book Value Per Share	13.37	14.16	13.93	13.54	8.87	7.61
Tangible Book Value	-394	-328	-312	-147	322	154
Tangible Book Value Per Share	-2.14	-1.78	-1.69	-0.80	2.15	1.03
Land	-	41	40	41	25	25
Buildings	-	461	449	428	395	395
Machinery	-	1,083	1,029	976	941	916
Construction In Progress	-	83	81	84	72	48
Order Backlog	-	4,452	3,973	4,403	4,096	3,257

Source: S&P Global Market Intelligence. Standard template. Financial Sources.