Telenor ASA (OSL:TEL)

Telenor ASA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10,542	10,380	19,556	9,929	15,223	20,577
Short-Term Investments	-	319	269	277	327	356
Trading Asset Securities	-	82	58	51	48	39
Cash & Short-Term Investments	10,542	10,781	19,883	10,257	15,598	20,972
Cash Growth	-41.75%	-45.78%	93.85%	-34.24%	-25.62%	45.55%
Accounts Receivable	13,687	10,768	12,490	15,025	15,277	16,554
Other Receivables	-	2,144	2,243	2,023	3,004	3,124
Receivables	13,687	12,995	14,734	17,083	19,332	21,914
Inventory	904	877	955	1,559	1,563	1,313
Prepaid Expenses	860	2,533	2,059	3,165	3,904	5,621
Other Current Assets	2,002	267	2,125	118	3,446	245
Total Current Assets	27,995	27,453	39,756	32,182	43,843	50,065
Property, Plant & Equipment	77,114	80,798	77,462	111,345	124,332	142,180
Long-Term Investments	64,022	72,068	55,958	40,853	10,946	10,788
Goodwill	26,439	26,319	25,232	27,334	27,448	28,947
Other Intangible Assets	9,235	9,542	9,279	9,689	10,195	11,222
Long-Term Accounts Receivable	-	-	-	1,046	1,356	1,810
Long-Term Deferred Tax Assets	4,507	4,614	4,306	5,536	2,195	2,841
Long-Term Deferred Charges	-	5,342	4,581	4,082	4,414	3,926
Other Long-Term Assets	12,142	1,617	971	7,182	1,011	3,703
Total Assets	221,454	228,808	218,376	239,249	225,740	256,529
Accounts Payable	21,613	6,636	5,501	7,955	9,082	9,064
Accrued Expenses	-	11,389	10,881	15,259	17,237	18,042
Short-Term Debt	-	-	537	616	596	628
Current Portion of Long-Term Debt	13,444	11,350	11,789	9,169	9,276	7,264
Current Portion of Leases	3,864	3,844	4,107	6,674	6,977	9,298
Current Income Taxes Payable	2,769	1,711	2,082	2,487	5,149	3,988
Current Unearned Revenue	-	4,749	4,726	5,013	6,001	6,785
Other Current Liabilities	11,752	6,705	6,367	6,604	7,849	5,467
Total Current Liabilities	53,442	46,384	45,990	53,777	62,167	60,536
Long-Term Debt	69,441	72,730	75,686	82,724	87,811	98,627
Long-Term Leases	12,765	13,697	13,201	24,417	28,101	35,584
Pension & Post-Retirement Benefits	2,058	2,068	1,821	1,919	2,429	2,747
Long-Term Deferred Tax Liabilities	4,130	3,874	3,379	3,639	4,374	4,831
Other Long-Term Liabilities	7,717	8,283	7,865	8,397	9,358	10,286
Total Liabilities	149,553	147,036	147,942	174,873	194,240	212,611
Common Stock	8,278	8,210	8,397	8,397	8,397	8,397
Additional Paid-In Capital	-	69	69	69	69	69
Retained Earnings	85,238	89,430	84,176	75,841	43,986	55,049
Treasury Stock	-	-	-86	-	-	-
Comprehensive Income & Other	-26,520	-21,854	-28,073	-24,168	-26,158	-25,191
Total Common Equity	66,996	75,855	64,483	60,139	26,294	38,324
Minority Interest	4,905	5,917	5,951	4,237	5,206	5,594
Shareholders' Equity	71,901	81,772	70,434	64,376	31,500	43,918
Total Liabilities & Equity	221,454	228,808	218,376	239,249	225,740	256,529
Total Debt	99,514	101,621	105,320	123,600	132,761	151,401
Net Cash (Debt)	-88,972	-90,840	-85,437	-113,343	-117,163	-130,429
Net Cash Per Share	-65.02	-66.00	-61.57	-80.99	-83.72	-92.65
Filing Date Shares Outstanding	1,370	1,368	1,385	1,399	1,399	1,399
Total Common Shares Outstanding	1,370	1,368	1,385	1,399	1,399	1,399
Working Capital	-25,447	-18,931	-6,234	-21,595	-18,324	-10,471
Book Value Per Share	48.91	55.44	46.56	42.97	18.79	27.38
Tangible Book Value	31,322	39,994	29,972	23,116	-11,349	-1,845
Tangible Book Value Per Share	22.87	29.23	21.64	16.52	-8.11	-1.32
Land	-	266	251	578	660	686
Buildings	-	3,823	4,666	5,494	6,386	7,229
Machinery	-	130,360	124,485	159,611	175,601	181,256
Construction In Progress	-	7,810	6,559	7,500	7,326	6,814

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.