Fortum Oyj (HEL: FORTUM)

Fortum Oyj Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,225	4,183	3,772	7,592	1,897	1,357
Short-Term Investments	30	-	147	-	411	76
Trading Asset Securities	9	14	116	227	115	16
Accounts Receivable	692	1,120	1,628	12,933	7,130	736
Other Receivables	29	189	177	11,151	1,834	282
Inventory	348	452	465	2,275	1,936	230
Loans Receivable Current	52	64	130	-	151	103
Other Current Assets	1,569	1,325	4,540	65,935	9,428	993
Total Current Assets	6,954	7,347	10,975	100,113	22,902	3,793
Property, Plant & Equipment	6,072	6,127	6,753	17,877	17,765	9,704
Goodwill	-	249	250	1,021	1,069	612
Other Intangible Assets	560	394	407	1,146	1,199	531
Long-Term Investments	1,489	1,297	1,911	2,802	3,352	6,667
Long-Term Loans Receivable	539	644	624	2,469	2,221	651
Long-Term Deferred Tax Assets	889	958	933	2,149	1,089	77
Long-Term Accounts Receivable	-	-	-	72	181	-
Other Long-Term Assets	1,226	1,723	1,789	22,012	8,032	1,329
Total Assets	17,729	18,739	23,642	149,661	57,810	23,364
Accounts Payable	644	487	720	12,152	7,126	316
Accrued Expenses	-	393	406	472	518	273
Short-Term Debt	476	600	2,479	6,658	1,182	478
Current Portion of Long-Term Debt	90	954	1,683	1,839	715	126
Current Unearned Revenue	-	25	24	754	557	31
Current Portion of Leases	16	21	19	130	161	19
Current Income Taxes Payable	-	44	261	735	307	64
Other Current Liabilities	1,146	1,184	4,530	77,486	10,090	510
Total Current Liabilities	2,372	3,708	10,122	100,226	20,656	1,817
Long-Term Debt	4,829	4,571	3,679	7,792	8,009	6,103
Long-Term Leases	78	97	100	945	894	89
Long-Term Unearned Revenue	-	-	-	95	101	-
Pension & Post-Retirement Benefits	10	10	13	1,190	1,520	125
Long-Term Deferred Tax Liabilities	375	428	152	827	952	865
Other Long-Term Liabilities	1,482	1,427	1,839	24,921	10,101	1,130
Total Liabilities	9,146	10,241	15,905	135,996	42,233	10,129
Common Stock	3,046	3,046	3,046	3,046	3,046	3,046
Additional Paid-In Capital	73	73	73	73	73	73
Retained Earnings	6,410	6,618	9,498	12,830	13,097	12,441
Comprehensive Income & Other	-1,031	-1,299	-4,947	-3,818	-3,263	-2,577
Total Common Equity	8,498	8,438	7,670	12,131	12,953	12,983
Minority Interest	85	60	67	1,534	2,624	252
Shareholders' Equity	8,583	8,498	7,737	13,665	15,577	13,235
Total Liabilities & Equity	17,729	18,739	23,642	149,661	57,810	23,364
Total Debt	5,489	6,243	7,960	17,364	10,961	6,815
Net Cash (Debt)	-1,225	-2,046	-3,925	-9,545	-8,538	-5,366
Net Cash Per Share	-1.37	-2.28	-4.41	-10.75	-9.61	-6.04
Filing Date Shares Outstanding	897.26	897.26	897.26	888.29	888.29	888.29
Total Common Shares Outstanding	897.26	897.26	897.26	888.29	888.29	888.29
Working Capital	4,582	3,639	853	-113	2,246	1,976
Book Value Per Share	9.47	9.40	8.55	13.66	14.58	14.62
Tangible Book Value	7,938	7,795	7,013	9,964	10,685	11,840
Tangible Book Value Per Share	8.85	8.69	7.82	11.22	12.03	13.33
Land	-	2,433	2,429	4,371	4,436	2,578
Buildings	-	2,626	3,406	10,574	10,400	4,103
Machinery	-	5,868	7,524	32,996	32,286	8,667

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