Fortum Oyj Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,475	2,870	4,046	4,183	3,772	7,592
Short-Term Investments	3	33	90	-	147	-
Trading Asset Securities	45	2	30	14	116	227
Accounts Receivable	989	764	812	1,119	1,628	12,933
Other Receivables	-	125	296	226	177	11,151
Inventory	504	512	420	452	465	2,275
Loans Receivable Current	89	119	70	64	130	-
Other Current Assets	402	605	766	1,289	4,540	65,935
Total Current Assets	4,507	5,030	6,530	7,347	10,975	100,113
Property, Plant & Equipment	6,556	5,905	5,677	6,127	6,753	17,877
Goodwill	-	211	206	249	250	1,021
Other Intangible Assets	560	347	343	394	407	1,146
Long-Term Investments	1,542	1,517	1,504	1,297	1,911	2,802
Long-Term Loans Receivable	583	565	431	644	624	2,469
Long-Term Deferred Tax Assets	795	812	845	958	933	2,149
Long-Term Accounts Receivable	-	-	-	-	-	72
Other Long-Term Assets	1,451	2,057	1,771	1,723	1,789	22,012
Total Assets	15,994	16,444	17,307	18,739	23,642	149,661
Accounts Payable	1,304	322	361	487	720	12,152
Accrued Expenses	-	346	358	393	406	472
Short-Term Debt	242	366	459	599	2,479	6,658
Current Portion of Long-Term Debt	41	850	49	955	1,683	1,839
Current Unearned Revenue	-	-	-	25	24	754
Current Portion of Leases	17	18	16	21	19	130
Current Income Taxes Payable	-	20	93	44	261	735
Other Current Liabilities	565	367	541	1,184	4,530	77,486
Total Current Liabilities	2,169	2,289	1,877	3,708	10,122	100,226
Long-Term Debt	3,625	3,551	4,314	4,571	3,679	7,792
Long-Term Leases	85	87	78	97	100	945
Long-Term Unearned Revenue	-	-	-	-	-	95
Pension & Post-Retirement Benefits	-	4	12	10	13	1,190
Long-Term Deferred Tax Liabilities	314	362	386	428	152	827
Other Long-Term Liabilities	1,527	1,531	1,487	1,427	1,839	24,921
Total Liabilities	7,720	7,824	8,154	10,241	15,905	135,996
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	6,044	6,292	6,780	6,618	9,498	12,830
Comprehensive Income & Other	-969	-872	-825	-1,299	-4,947	-3,818
Total Common Equity	8,194	8,539	9,074	8,438	7,670	12,131
Minority Interest	80	81	79	60	67	1,534
Shareholders' Equity	8,274	8,620	9,153	8,498	7,737	13,665
Total Liabilities & Equity	15,994	16,444	17,307	18,739	23,642	149,661
Total Debt	4,010	4,872	4,916	6,243	7,960	17,364
Net Cash (Debt)	-1,487	-1,967	-750	-2,046	-3,925	-9,545
Net Cash Per Share	-1.66	-2.19	-0.84	-2.28	-4.41	-10.75
Filing Date Shares Outstanding	897.26	897.26	897.26	897.26	897.26	888.29
Total Common Shares Outstanding	897.26	897.26	897.26	897.26	897.26	888.29
Working Capital	2,338	2,741	4,653	3,639	853	-113
Book Value Per Share	9.13	9.52	10.11	9.40	8.55	13.66
Tangible Book Value	7,634	7,981	8,525	7,795	7,013	9,964
Tangible Book Value Per Share	8.51	8.89	9.50	8.69	7.82	11.22
Land	-	2,507	2,351	2,433	2,429	4,371
Buildings	-	2,676	2,555	2,626	3,406	10,574
Machinery	-	5,146	4,916	5,868	7,524	32,996

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