BAE Systems plc (BAESY)

BAE Systems Balance Sheet

Financials in millions GBP. 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	3,378	4,067	3,107	2,917	2,768
Trading Asset Securities	-	43	23	8	9
Cash & Short-Term Investments	3,378	4,110	3,130	2,925	2,777
Cash Growth	-17.81%	31.31%	7.01%	5.33%	7.05%
Accounts Receivable	6,663	4,659	5,064	3,759	4,269
Other Receivables	176	711	687	693	582
Receivables	6,839	5,370	5,751	4,452	4,851
Inventory	1,324	1,156	976	811	858
Prepaid Expenses	-	933	509	444	646
Other Current Assets	212	204	268	186	274
Total Current Assets	11,753	11,773	10,634	8,818	9,406
Property, Plant & Equipment	6,598	4,946	4,660	3,943	3,708
Long-Term Investments	906	1,016	1,033	744	546
Goodwill	13,297	11,386	11,819	10,910	10,846
Other Intangible Assets	2,965	660	775	769	863
Long-Term Accounts Receivable	734	33	44	54	70
Long-Term Deferred Tax Assets	315	609	338	622	972
Long-Term Deferred Charges	-	53	50	37	36
Other Long-Term Assets	1,574	1,588	2,109	1,238	1,083
Total Assets	38,142	32,064	31,462	27,135	27,530
Accounts Payable	6,383	2,400	1,900	1,620	697
Accrued Expenses	-	2,715	2,794	2,655	2,664
Short-Term Debt	-	-	-	-	101
Current Portion of Long-Term Debt	699	790	132	490	411
Current Portion of Leases	183	147	241	212	236
Current Income Taxes Payable	55	285	103	27	72
Current Unearned Revenue	4,504	3,926	3,991	3,009	3,369
Other Current Liabilities	518	680	685	683	1,833
Total Current Liabilities	12,342	10,943	9,846	8,696	9,383
Long-Term Debt	7,713	4,489	5,224	4,734	5,143
Long-Term Leases	1,658	1,273	1,375	1,083	1,020
Long-Term Unearned Revenue	1,720	3,099	1,951	1,327	1,211
Long-Term Deferred Tax Liabilities	14	10	5	77	-
Other Long-Term Liabilities	2,415	952	1,010	943	959
Total Liabilities	26,365	21,341	20,062	19,467	22,609
Common Stock	80	81	82	85	87
Additional Paid-In Capital	1,253	1,253	1,252	1,252	1,249
Retained Earnings	3,836	3,024	3,132	414	-2,414
Comprehensive Income & Other	6,447	6,201	6,749	5,685	5,721
Total Common Equity	11,616	10,559	11,215	7,436	4,643
Minority Interest	161	164	185	232	278
Shareholders' Equity	11,777	10,723	11,400	7,668	4,921
Total Liabilities & Equity	38,142	32,064	31,462	27,135	27,530
Total Debt	10,253	6,699	6,972	6,519	6,911
Net Cash (Debt)	-6,875	-2,589	-3,842	-3,594	-4,134
Net Cash Per Share	-2.25	-0.84	-1.22	-1.12	-1.29
Filing Date Shares Outstanding	3,010	3,026	3,070	3,160	3,212
Total Common Shares Outstanding	3,010	3,026	3,070	3,160	3,212
Working Capital	-589	830	788	122	23
Book Value Per Share	3.86	3.49	3.65	2.35	1.45
Tangible Book Value	-4,646	-1,487	-1,379	-4,243	-7,066
Tangible Book Value Per Share	-1.54	-0.49	-0.45	-1.34	-2.20
Land	-	2,680	2,623	2,356	2,061
Machinery	-	3,945	3,829	3,482	3,350
Construction In Progress	-	1,144	839	672	730
Order Backlog	77,800	69,800	58,900	44,000	45,200

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