Stora Enso 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	2,228	1,999	2,464	1,917	1,481	1,661
Cash & Short-Term Investments	2,228	1,999	2,464	1,917	1,481	1,661
Cash Growth	11.46%	-18.87%	28.53%	29.44%	-10.84%	89.61%
Accounts Receivable	1,004	668	912	1,205	1,149	859
Other Receivables	35	245	278	211	235	204
Receivables	1,120	960	1,254	1,493	1,468	1,129
Inventory	1,776	1,672	1,545	1,810	1,478	1,270
Prepaid Expenses	-	87	80	68	82	96
Other Current Assets	-	1	-	514	-	-1
Total Current Assets	5,124	4,719	5,343	5,802	4,509	4,155
Property, Plant & Equipment	12,020	12,731	12,480	12,124	12,249	11,714
Long-Term Investments	1,957	1,567	1,745	2,277	1,498	873
Goodwill	170	162	505	244	282	281
Other Intangible Assets	331	350	412	244	261	170
Long-Term Deferred Tax Assets	173	205	134	74	143	117
Other Long-Term Assets	75	54	59	37	33	28
Total Assets	19,879	19,802	20,754	20,922	19,026	17,431
Accounts Payable	-	1,781	1,666	1,832	1,704	1,314
Accrued Expenses	-	343	349	375	411	377
Short-Term Debt	768	751	651	464	407	453
Current Portion of Long-Term Debt	1,136	1,051	282	653	154	401
Current Portion of Leases	-	83	71	63	64	80
Current Income Taxes Payable	8	13	45	64	61	78
Other Current Liabilities	2,257	209	282	483	364	192
Total Current Liabilities	4,169	4,231	3,346	3,934	3,165	2,895
Long-Term Debt	3,194	3,432	4,326	2,480	2,990	3,505
Long-Term Leases	453	462	449	312	323	317
Pension & Post-Retirement Benefits	171	181	217	159	347	473
Long-Term Deferred Tax Liabilities	1,281	1,416	1,433	1,443	1,430	1,332
Other Long-Term Liabilities	134	91	95	92	104	116
Total Liabilities	9,402	9,813	9,866	8,420	8,359	8,638
Common Stock	1,342	1,342	1,342	1,342	1,342	1,342
Additional Paid-In Capital	77	77	77	77	77	77
Retained Earnings	7,025	6,735	7,015	7,893	6,650	5,517
Comprehensive Income & Other	2,180	1,985	2,551	3,220	2,614	1,873
Total Common Equity	10,624	10,139	10,985	12,532	10,683	8,809
Minority Interest	-147	-150	-97	-30	-16	-16
Shareholders' Equity	10,477	9,989	10,888	12,502	10,667	8,793
Total Liabilities & Equity	19,879	19,802	20,754	20,922	19,026	17,431
Total Debt	5,551	5,779	5,779	3,972	3,938	4,756
Net Cash (Debt)	-3,323	-3,780	-3,315	-2,055	-2,457	-3,095
Net Cash Per Share	-4.21	-4.79	-4.20	-2.60	-3.11	-3.92
Filing Date Shares Outstanding	788.62	788.62	788.62	788.62	788.62	788.62
Total Common Shares Outstanding	788.62	788.62	788.62	788.62	788.62	788.62
Working Capital	955	488	1,997	1,868	1,344	1,260
Book Value Per Share	13.47	12.86	13.93	15.89	13.55	11.17
Tangible Book Value	10,123	9,627	10,068	12,044	10,140	8,358
Tangible Book Value Per Share	12.84	12.21	12.77	15.27	12.86	10.60
Land	-	2,090	2,378	2,418	2,318	2,133
Buildings	-	3,111	3,087	3,041	3,355	3,301
Machinery	-	11,214	11,089	10,909	13,420	13,257
Construction In Progress	-	1,172	745	454	394	549

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