Sandvik AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	4,958	4,528	4,363	10,489	13,585
Cash & Short-Term Investments	4,958	4,528	4,363	10,489	13,585
Cash Growth	9.50%	3.78%	-58.40%	-22.79%	-42.80%
Accounts Receivable	31,720	20,258	18,847	19,188	17,623
Other Receivables	-	7,544	7,098	4,991	4,406
Receivables	31,720	31,039	29,051	26,771	24,255
Inventory	33,219	34,827	34,301	35,019	29,910
Prepaid Expenses	-	1,761	1,809	1,688	1,308
Other Current Assets	-	1,347	2,593	1,026	1,316
Total Current Assets	69,897	73,502	72,117	74,993	70,374
Property, Plant & Equipment	27,749	30,555	27,618	26,624	29,916
Long-Term Investments	9,619	634	1,321	1,219	689
Goodwill	-	51,181	46,661	47,572	34,283
Other Intangible Assets	62,594	17,196	16,102	17,046	12,255
Long-Term Deferred Tax Assets	-	4,115	3,461	3,373	3,458
Long-Term Deferred Charges	-	1,946	1,732	1,516	1,271
Other Long-Term Assets	1	1,943	2,007	1,643	1,413
Total Assets	169,860	184,384	174,210	176,682	155,517
Accounts Payable	-	10,077	9,488	11,625	11,907
Accrued Expenses	-	8,397	8,584	8,354	8,245
Current Portion of Long-Term Debt	5,094	4,972	11,126	8,634	9,762
Current Portion of Leases	-	1,297	1,114	1,059	942
Current Income Taxes Payable	-	3,031	3,024	2,904	2,820
Current Unearned Revenue	-	5,105	4,054	4,615	3,425
Other Current Liabilities	31,019	8,147	6,488	6,035	5,184
Total Current Liabilities	36,113	41,026	43,878	43,226	42,285
Long-Term Debt	29,949	31,672	28,453	38,321	20,671
Long-Term Leases	5,647	4,814	4,389	4,043	2,975
Pension & Post-Retirement Benefits	-	4,795	4,475	3,817	7,311
Long-Term Deferred Tax Liabilities	-	3,553	3,586	4,005	2,988
Other Long-Term Liabilities	4,914	1,525	1,732	2,000	1,955
Total Liabilities	76,623	87,385	86,513	95,412	78,185
Common Stock	93,166	1,505	1,505	1,505	1,505
Additional Paid-In Capital	-	7,678	7,678	7,678	7,678
Retained Earnings	-	71,779	67,028	58,346	61,872
Comprehensive Income & Other	-	15,962	11,420	13,698	6,145
Total Common Equity	93,166	96,924	87,631	81,227	77,200
Minority Interest	71	75	66	43	132
Shareholders' Equity	93,237	96,999	87,697	81,270	77,332
Total Liabilities & Equity	169,860	184,384	174,210	176,682	155,517
Total Debt	40,690	42,755	45,082	52,057	34,350
Net Cash (Debt)	-35,732	-38,227	-40,719	-41,568	-20,765
Net Cash Per Share	-28.46	-30.44	-32.42	-33.11	-16.54
Filing Date Shares Outstanding	1,254	1,254	1,254	1,254	1,254
Total Common Shares Outstanding	1,254	1,254	1,254	1,254	1,254
Working Capital	33,784	32,476	28,239	31,767	28,089
Book Value Per Share	74.27	77.27	69.86	64.75	61.54
Tangible Book Value	30,572	28,547	24,868	16,609	30,662
Tangible Book Value Per Share	24.37	22.76	19.82	13.24	24.44
Land	-	15,289	14,344	13,727	17,728
Machinery	-	41,068	37,558	36,960	48,997
Construction In Progress	-	3,108	3,069	3,017	2,787
Order Backlog	-	2,519	2,383	2,324	1,004

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