BAE Systems plc (BAESF)

BAE Systems Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,831	4,067	3,107	2,917	2,768	2,587
Trading Asset Securities	-	43	23	8	9	7
Cash & Short-Term Investments	2,831	4,110	3,130	2,925	2,777	2,594
Cash Growth	-11.64%	31.31%	7.01%	5.33%	7.05%	-21.84%
Accounts Receivable	7,090	4,659	5,064	3,759	4,269	4,117
Other Receivables	95	711	687	693	582	505
Receivables	7,185	5,370	5,751	4,452	4,851	4,622
Inventory	1,355	1,156	976	811	858	835
Prepaid Expenses	-	933	509	444	646	855
Other Current Assets	159	204	268	186	274	338
Total Current Assets	11,530	11,773	10,634	8,818	9,406	9,244
Property, Plant & Equipment	6,276	4,946	4,660	3,943	3,708	3,575
Long-Term Investments	789	1,016	1,033	744	546	558
Goodwill	-	11,386	11,819	10,910	10,846	9,984
Other Intangible Assets	16,045	660	775	769	863	353
Long-Term Accounts Receivable	-	33	44	54	70	91
Long-Term Deferred Tax Assets	375	609	338	622	972	726
Long-Term Deferred Charges	-	53	50	37	36	34
Other Long-Term Assets	2,203	1,588	2,109	1,238	1,083	1,065
Total Assets	37,218	32,064	31,462	27,135	27,530	25,630
Accounts Payable	5,586	2,400	1,900	1,620	697	675
Accrued Expenses	-	2,715	2,794	2,655	2,664	2,217
Short-Term Debt	-	-	-	-	101	-
Current Portion of Long-Term Debt	738	790	132	490	411	435
Current Portion of Leases	230	147	241	212	236	238
Current Income Taxes Payable	10	285	103	27	72	55
Current Unearned Revenue	4,212	3,926	3,991	3,009	3,369	3,671
Other Current Liabilities	417	680	685	683	1,833	1,842
Total Current Liabilities	11,193	10,943	9,846	8,696	9,383	9,133
Long-Term Debt	8,234	4,489	5,224	4,734	5,143	3,026
Long-Term Leases	1,614	1,273	1,375	1,083	1,020	1,116
Long-Term Unearned Revenue	1,750	3,099	1,951	1,327	1,211	1,063
Long-Term Deferred Tax Liabilities	13	10	5	77	-	-
Other Long-Term Liabilities	2,334	952	1,010	943	959	1,024
Total Liabilities	25,757	21,341	20,062	19,467	22,609	20,119
Common Stock	80	81	82	85	87	87
Additional Paid-In Capital	1,253	1,253	1,252	1,252	1,249	1,249
Retained Earnings	3,430	3,024	3,132	414	-2,414	-1,883
Comprehensive Income & Other	6,496	6,201	6,749	5,685	5,721	5,954
Total Common Equity	11,259	10,559	11,215	7,436	4,643	5,407
Minority Interest	202	164	185	232	278	104
Shareholders' Equity	11,461	10,723	11,400	7,668	4,921	5,511
Total Liabilities & Equity	37,218	32,064	31,462	27,135	27,530	25,630
Total Debt	10,816	6,699	6,972	6,519	6,911	4,815
Net Cash (Debt)	-7,985	-2,589	-3,842	-3,594	-4,134	-2,221
Net Cash Per Share	-2.61	-0.84	-1.22	-1.12	-1.29	-0.69
Filing Date Shares Outstanding	3,016	3,026	3,070	3,160	3,212	3,203
Total Common Shares Outstanding	3,016	3,026	3,070	3,160	3,212	3,203
Working Capital	337	830	788	122	23	111
Book Value Per Share	3.73	3.49	3.65	2.35	1.45	1.69
Tangible Book Value	-4,786	-1,487	-1,379	-4,243	-7,066	-4,930
Tangible Book Value Per Share	-1.59	-0.49	-0.45	-1.34	-2.20	-1.54
Land	-	2,680	2,623	2,356	2,061	2,081
Machinery	-	3,945	3,829	3,482	3,350	3,221
Construction In Progress	-	1,144	839	672	730	527
Order Backlog	-	69,800	58,900	44,000	45,200	45,400

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