Varta AG (LON: 0GYQ)

Varta AG Balance Sheet

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Cash & Equivalents	39.84	108.71	73.11	121.89	244.78	149.74
Cash & Short-Term Investments	39.84	108.71	73.11	121.89	244.78	149.74
Cash Growth	23.11%	48.70%	-40.02%	-50.20%	63.47%	8.09%
Accounts Receivable	111.31	114.34	169.64	122.77	54	28.72
Other Receivables	4.44	60.48	42.22	54.41	16.87	12.99
Receivables	115.74	174.82	211.85	177.19	70.87	41.71
Inventory	213.65	223.32	157.11	133.33	64	56.7
Other Current Assets	53.7	2.39	1.79	3.5	0.72	1.72
Total Current Assets	422.94	509.23	443.86	435.9	380.37	249.87
Property, Plant & Equipment	564.3	591.89	711.35	596.58	247.9	112.8
Long-Term Investments	0.05	0.06	0.06	0.07	0.06	0.35
Goodwill	-	0.64	4.94	0.64	0.5	0.5
Other Intangible Assets	113.28	49	51.64	53.49	10.2	9.96
Long-Term Deferred Tax Assets	9.33	19.7	6.04	6.11	1.27	1.48
Long-Term Deferred Charges	-	49.97	24.88	9.81	10.08	10.71
Other Long-Term Assets	35.91	37.95	17.64	19.92	17.91	15.67
Total Assets	1,146	1,258	1,260	1,123	668.83	401.7
Accounts Payable	89.15	116.67	132.13	70.41	36.91	21.11
Accrued Expenses	87.54	100.12	95.99	109.77	20.32	12.38
Short-Term Debt	-	491.9	13	-	2.1	1.45
Current Portion of Long-Term Debt	143.7	3.72	67.13	4.2	-	-
Current Portion of Leases	16.62	17.4	17	14.2	4.6	-
Current Income Taxes Payable	31.26	46.43	50.54	45.71	14.33	7.26
Current Unearned Revenue	0.96	2.53	4.37	49.95	44.77	20.92
Other Current Liabilities	52.17	44.18	47.6	83.46	42.23	18.72
Total Current Liabilities	421.38	822.95	427.76	377.69	165.25	81.85
Long-Term Debt	-	-	97.52	41.64	0.14	-
Long-Term Leases	67.68	69.7	80.71	63.84	20.48	-
Long-Term Unearned Revenue	-	-	14.21	47.22	34.39	30.34
Long-Term Deferred Tax Liabilities	7.85	16.93	2.4	4.24	-	-
Other Long-Term Liabilities	420.82	55.48	36.48	12.02	6.54	6.44
Total Liabilities	970.49	1,019	727.91	623.73	254.03	142.27
Common Stock	42.64	40.42	40.42	40.42	40.42	38.2
Retained Earnings	-171.19	-56.39	236.97	209.83	119.09	66.89
Comprehensive Income & Other	303.85	255.44	255.11	248.52	255.08	152.91
Total Common Equity	175.31	239.47	532.5	498.76	414.59	258
Minority Interest	-	-	-	0.31	0.22	1.43
Shareholders' Equity	175.31	239.47	532.5	499.08	414.8	259.42
Total Liabilities & Equity	1,146	1,258	1,260	1,123	668.83	401.7
Total Debt	228	582.72	275.35	123.88	27.32	1.45
Net Cash (Debt)	-188.15	-474.01	-202.24	-1.99	217.47	148.29
Net Cash Growth	-	-	-	-	46.65%	8.18%
Net Cash Per Share	-4.46	-11.73	-5.00	-0.05	5.52	3.88
Filing Date Shares Outstanding	42.44	40.42	40.42	40.42	40.42	38.2
Total Common Shares Outstanding	42.44	40.42	40.42	40.42	40.42	38.2
Working Capital	1.55	-313.72	16.1	58.21	215.12	168.01
Book Value Per Share	4.13	5.92	13.17	12.34	10.26	6.75
Tangible Book Value	62.03	189.83	475.92	444.64	403.89	247.54
Tangible Book Value Per Share	1.46	4.70	11.77	11.00	9.99	6.48
Land	-	3.17	3.17	3.17	-	-
Buildings	-	19.93	19.68	18.06	0.36	0.26
Machinery	-	597.58	474.94	409.55	170.86	106.19
Construction In Progress	-	278.11	290.55	198.19	116.92	60.34

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