UPM-Kymmene Oyj (LON:0NV5)

UPM-Kymmene Oyj Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	892	632	2,067	1,460	1,720
Short-Term Investments	-	1	1	100	-
Cash & Short-Term Investments	892	633	2,068	1,560	1,720
Cash Growth	40.92%	-69.39%	32.56%	-9.30%	11.98%
Accounts Receivable	1,929	1,255	1,614	1,319	1,097
Other Receivables	40	354	626	428	414
Receivables	1,969	1,610	2,240	1,750	1,519
Inventory	2,104	1,948	2,289	1,594	1,285
Prepaid Expenses	-	13	17	25	57
Restricted Cash	-	187	500	292	-
Other Current Assets	69	168	117	36	128
Total Current Assets	5,034	4,559	7,231	5,257	4,709
Property, Plant & Equipment	10,449	9,166	6,895	8,505	6,954
Long-Term Investments	2,267	2,306	3,679	2,612	1,969
Goodwill	174	283	282	237	229
Other Intangible Assets	580	715	553	366	363
Long-Term Deferred Tax Assets	526	431	485	466	421
Other Long-Term Assets	66	1,005	3,074	225	205
Total Assets	19,096	18,473	22,207	17,676	14,858
Accounts Payable	1,938	1,297	1,855	1,697	1,128
Accrued Expenses	-	313	352	332	289
Current Portion of Long-Term Debt	166	233	474	17	15
Current Portion of Leases	-	94	84	69	75
Current Income Taxes Payable	18	28	73	32	30
Current Unearned Revenue	-	22	23	14	8
Other Current Liabilities	273	454	662	307	195
Total Current Liabilities	2,395	2,441	3,523	2,468	1,740
Long-Term Debt	3,747	2,444	3,893	2,062	1,483
Long-Term Leases	-	612	583	504	469
Long-Term Deferred Tax Liabilities	673	616	636	596	564
Other Long-Term Liabilities	245	327	167	263	318
Total Liabilities	7,556	6,942	9,329	6,569	5,345
Common Stock	890	890	890	890	890
Retained Earnings	6,644	6,998	7,433	6,419	5,735
Treasury Stock	-2	-2	-2	-2	-2
Comprehensive Income & Other	3,607	3,275	4,181	3,539	2,728
Total Common Equity	11,139	11,161	12,502	10,846	9,351
Minority Interest	401	370	376	261	162
Shareholders' Equity	11,540	11,531	12,878	11,107	9,513
Total Liabilities & Equity	19,096	18,473	22,207	17,676	14,858
Total Debt	3,913	3,383	5,034	2,652	2,042
Net Cash (Debt)	-3,021	-2,750	-2,966	-1,092	-322
Net Cash Per Share	-5.68	-5.16	-5.56	-2.05	-0.60
Filing Date Shares Outstanding	521.05	533.32	533.32	533.32	533.32
Total Common Shares Outstanding	521.05	533.32	533.32	533.32	533.32
Working Capital	2,639	2,118	3,708	2,789	2,969
Book Value Per Share	21.38	20.93	23.44	20.34	17.53
Tangible Book Value	10,385	10,163	11,667	10,243	8,759
Tangible Book Value Per Share	19.93	19.06	21.88	19.21	16.42
Land	-	862	902	859	797
Buildings	-	4,766	3,707	3,452	3,423
Machinery	-	14,772	13,160	13,135	13,182
Construction In Progress	-	-	-	2,069	724

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