Serco Group plc (LON:SRP)

Serco Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	173.6	183	94.4	57.2	198.4	335.7
Cash & Short-Term Investments	173.6	183	94.4	57.2	198.4	335.7
Cash Growth	21.91%	93.86%	65.03%	-71.17%	-40.90%	275.08%
Accounts Receivable	684.9	528.2	516.8	614.9	555.1	540.6
Other Receivables	13.8	73.5	77.4	52.4	32.2	28.4
Receivables	698.7	601.7	604.2	667.3	587.3	569
Inventory	21.9	24.1	24.1	22.4	19.6	21.4
Prepaid Expenses	-	55	55.2	63.8	42.9	45.5
Other Current Assets	0.7	0.8	4.9	3.3	2.6	4.5
Total Current Assets	894.9	864.6	782.8	814	850.8	976.1
Property, Plant & Equipment	566.5	571.7	485.2	482.3	472.2	441.7
Long-Term Investments	24.7	25.1	32.1	23.3	17.6	28.6
Goodwill	915.5	826.2	906.7	945	852.7	669.6
Other Intangible Assets	173.6	96.3	111.2	156.4	144	80.1
Long-Term Accounts Receivable	23.3	-	-	-	2.6	3.1
Long-Term Deferred Tax Assets	220.3	229.8	235.7	244.2	214.3	83.2
Long-Term Deferred Charges	-	5.1	4.4	1.6	-	0.5
Other Long-Term Assets	17.5	41.5	52.2	73.4	179.8	127.4
Total Assets	2,836	2,660	2,610	2,750	2,734	2,410
Accounts Payable	586.3	92.3	99.3	108.3	89.2	99.6
Accrued Expenses	44.6	384.9	318.7	337.1	313.1	299.8
Current Portion of Long-Term Debt	35.2	38.8	51	44.5	64.9	89.7
Current Portion of Leases	176.6	168.3	140	144.4	126.3	109.3
Current Income Taxes Payable	24.9	35.9	18.4	16	17.2	21.6
Current Unearned Revenue	54.1	37.5	35.8	60.5	61.3	42.3
Other Current Liabilities	60.6	233.3	234.6	313.4	205.3	205.9
Total Current Liabilities	982.3	991	897.8	1,024	877.3	868.2
Long-Term Debt	398.3	237.6	155.2	218.4	312.1	299.1
Long-Term Leases	346.9	361.7	313.7	301.6	304	293.3
Long-Term Unearned Revenue	86.6	60.7	59.3	36.3	48.6	47.5
Long-Term Deferred Tax Liabilities	48.1	52.1	50.9	53.8	40.3	26.9
Other Long-Term Liabilities	92.6	103.5	86.8	80	125.3	125.4
Total Liabilities	1,965	1,818	1,577	1,721	1,726	1,695
Common Stock	20.5	20.5	22.1	24.4	24.4	24.7
Additional Paid-In Capital	463.1	463.1	463.1	463.1	463.1	463.1
Retained Earnings	584.5	524.3	659.1	670.6	542.8	302.4
Treasury Stock	-	-20.7	-15	-98.9	-1.2	-2.1
Comprehensive Income & Other	-196.8	-144.7	-95.3	-31	-22.4	-74.8
Total Common Equity	871.3	842.5	1,034	1,028	1,007	713.3
Minority Interest	-	-	-0.3	1.5	1.7	1.7
Shareholders' Equity	871.3	842.5	1,034	1,030	1,008	715
Total Liabilities & Equity	2,836	2,660	2,610	2,750	2,734	2,410
Total Debt	957	806.4	659.9	708.9	807.3	791.4
Net Cash (Debt)	-783.4	-623.4	-565.5	-651.7	-608.9	-455.7
Net Cash Per Share	-0.75	-0.58	-0.50	-0.54	-0.49	-0.36
Filing Date Shares Outstanding	1,015	1,010	1,092	1,153	1,206	1,226
Total Common Shares Outstanding	1,015	1,010	1,092	1,153	1,206	1,226
Working Capital	-87.4	-126.4	-115	-210.2	-26.5	107.9
Book Value Per Share	0.86	0.83	0.95	0.89	0.83	0.58
Tangible Book Value	-217.8	-80	16.1	-73.2	10	-36.4
Tangible Book Value Per Share	-0.21	-0.08	0.01	-0.06	0.01	-0.03
Land	-	7.3	4.1	4.3	4.1	4.3
Leasehold Improvements	-	36.5	35.9	37.2	33.7	31.9
Order Backlog	-	13,300	13,600	14,800	13,700	13,500

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.