FLSmidth & Co. Balance Sheet

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

Millions DKK. 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	801	1,070	1,352	2,130	1,935	946
Short-Term Investments	-	51	56	107	30	61
Cash & Short-Term Investments	801	1,121	1,408	2,237	1,965	1,007
Cash Growth	-43.87%	-20.38%	-37.06%	13.84%	95.13%	-4.46%
Accounts Receivable	4,399	7,082	7,285	8,255	6,470	5,628
Other Receivables	1,190	1,209	1,131	1,305	986	920
Receivables	5,589	8,291	8,416	9,560	7,456	6,548
Inventory	3,432	3,572	3,450	3,971	2,464	2,368
Prepaid Expenses	646	351	423	874	871	333
Other Current Assets	1,838	53	37	54	31	189
Total Current Assets	12,306	13,388	13,734	16,696	12,787	10,445
Property, Plant & Equipment	2,155	2,471	2,389	2,647	2,308	2,321
Long-Term Investments	89	92	137	216	211	202
Goodwill	6,267	6,559	6,448	6,433	4,364	4,194
Other Intangible Assets	1,697	2,067	1,989	1,932	1,893	2,046
Long-Term Deferred Tax Assets	2,161	2,358	2,314	1,921	1,490	1,248
Total Assets	24,675	26,935	27,011	29,845	23,053	20,456
Accounts Payable	2,482	3,538	4,024	4,339	3,367	3,055
Accrued Expenses	-	3	2	2	2	3
Current Portion of Long-Term Debt	148	47	54	615	17	183
Current Portion of Leases	54	85	101	117	104	113
Current Income Taxes Payable	485	193	277	346	193	162
Current Unearned Revenue	3,263	4,271	4,620	5,785	4,276	2,860
Other Current Liabilities	4,457	3,658	3,609	3,349	2,100	1,986
Total Current Liabilities	10,889	11,795	12,687	14,553	10,059	8,362
Long-Term Debt	1,959	1,508	1,633	1,929	726	2,250
Long-Term Leases	89	133	132	206	200	209
Long-Term Unearned Revenue	309	303	338	578	587	240
Pension & Post-Retirement Benefits	311	322	363	414	320	375
Long-Term Deferred Tax Liabilities	142	220	207	294	169	200
Other Long-Term Liabilities	793	873	823	1,084	624	690
Total Liabilities	14,492	15,154	16,183	19,058	12,685	12,326
Common Stock	1,153	1,153	1,153	1,153	1,153	1,025
Retained Earnings	10,796	11,459	10,615	10,247	9,937	8,246
Comprehensive Income & Other	-1,757	-811	-911	-587	-719	-1,135
Total Common Equity	10,192	11,801	10,857	10,813	10,371	8,136
Minority Interest	-9	-20	-29	-26	-3	-6
Shareholders' Equity	10,183	11,781	10,828	10,787	10,368	8,130
Total Liabilities & Equity	24,675	26,935	27,011	29,845	23,053	20,456
Total Debt	2,250	1,773	1,920	2,867	1,047	2,755
Net Cash (Debt)	-1,449	-652	-512	-630	918	-1,748
Net Cash Per Share	-25.32	-11.37	-8.96	-11.08	17.63	-34.85
Filing Date Shares Outstanding	55.75	56.84	56.74	56.74	56.73	50.15
Total Common Shares Outstanding	55.75	56.84	56.74	56.74	56.73	50.15
Working Capital	1,417	1,593	1,047	2,143	2,728	2,083
Book Value Per Share	182.82	207.63	191.36	190.58	182.83	162.23
Tangible Book Value	2,228	3,175	2,420	2,448	4,114	1,896
Tangible Book Value Per Share	39.97	55.86	42.65	43.15	72.52	37.80
Land	-	2,415	2,469	2,595	2,529	2,306
Machinery	-	2,143	2,340	2,573	2,547	2,435
Construction In Progress	-	352	104	40	21	137
Order Backlog	-	15,214	17,593	23,541	16,592	14,874

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