UPM-Kymmene Oyj (HEL: UPM)

UPM-Kymmene 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	917	632	2,067	1,460	1,720	1,536
Short-Term Investments	-	1	1	100	-	-
Cash & Short-Term Investments	917	633	2,068	1,560	1,720	1,536
Cash Growth	18.63%	-69.39%	32.56%	-9.30%	11.98%	72.97%
Accounts Receivable	1,876	1,255	1,614	1,319	1,097	1,221
Other Receivables	63	354	626	428	414	327
Receivables	1,939	1,610	2,240	1,750	1,519	1,556
Inventory	2,222	1,948	2,289	1,594	1,285	1,367
Prepaid Expenses	-	13	17	25	57	54
Restricted Cash	-	187	500	292	-	-
Other Current Assets	70	168	117	36	128	69
Total Current Assets	5,148	4,559	7,231	5,257	4,709	4,582
Property, Plant & Equipment	10,277	9,166	6,895	8,505	6,954	6,770
Long-Term Investments	2,176	2,306	3,679	2,612	1,969	2,178
Goodwill	284	283	282	237	229	238
Other Intangible Assets	580	715	553	366	363	326
Long-Term Deferred Tax Assets	451	431	485	466	421	395
Other Long-Term Assets	92	1,005	3,074	225	205	218
Total Assets	19,008	18,473	22,207	17,676	14,858	14,722
Accounts Payable	2,305	1,297	1,855	1,697	1,128	1,130
Accrued Expenses	-	313	352	332	289	323
Current Portion of Long-Term Debt	189	233	474	17	15	21
Current Portion of Leases	-	94	84	69	75	83
Current Income Taxes Payable	27	28	73	32	30	27
Current Unearned Revenue	-	22	23	14	8	8
Other Current Liabilities	225	454	662	307	195	226
Total Current Liabilities	2,746	2,441	3,523	2,468	1,740	1,818
Long-Term Debt	3,711	2,444	3,893	2,062	1,483	691
Long-Term Leases	-	612	583	504	469	504
Long-Term Deferred Tax Liabilities	621	616	636	596	564	549
Other Long-Term Liabilities	260	327	167	263	318	226
Total Liabilities	7,836	6,942	9,329	6,569	5,345	4,547
Common Stock	890	890	890	890	890	890
Retained Earnings	6,745	6,998	7,433	6,419	5,735	5,912
Treasury Stock	-2	-2	-2	-2	-2	-2
Comprehensive Income & Other	3,169	3,275	4,181	3,539	2,728	3,262
Total Common Equity	10,802	11,161	12,502	10,846	9,351	10,062
Minority Interest	370	370	376	261	162	113
Shareholders' Equity	11,172	11,531	12,878	11,107	9,513	10,175
Total Liabilities & Equity	19,008	18,473	22,207	17,676	14,858	14,722
Total Debt	3,900	3,383	5,034	2,652	2,042	1,299
Net Cash (Debt)	-2,983	-2,750	-2,966	-1,092	-322	237
Net Cash Growth	-	-	-	-	-	115.45%
Net Cash Per Share	-5.59	-5.16	-5.56	-2.05	-0.60	0.44
Filing Date Shares Outstanding	533.32	533.32	533.32	533.32	533.32	533.32
Total Common Shares Outstanding	533.32	533.32	533.32	533.32	533.32	533.32
Working Capital	2,402	2,118	3,708	2,789	2,969	2,764
Book Value Per Share	20.25	20.93	23.44	20.34	17.53	18.87
Tangible Book Value	9,938	10,163	11,667	10,243	8,759	9,498
Tangible Book Value Per Share	18.63	19.06	21.88	19.21	16.42	17.81
Land	-	862	902	859	797	796
Buildings	-	4,766	3,707	3,452	3,423	3,522
Machinery	-	14,772	13,160	13,135	13,182	13,579
Construction In Progress	-	-	-	2,069	724	235

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