CTT - Correios De Portugal, S.A. (CTTOF)

CTTOF Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	310.44	315.91	351.61	456.47	877.87	518.18
Short-Term Investments	2,270	2,405	1,638	585.34	43.9	74.42
Trading Asset Securities	-	-	-	26.48	25	-
Cash & Short-Term Investments	2,580	2,721	1,990	1,068	946.77	592.6
Cash Growth	15.83%	36.72%	86.28%	12.83%	59.77%	24.05%
Accounts Receivable	309.14	371.3	329.79	665.04	602.87	278.65
Other Receivables	-	0	0.02	1.13	0.05	0.06
Receivables	309.13	371.3	330.77	670.45	609.11	286.19
Inventory	6.4	6.52	6.66	8.04	6.87	6.6
Prepaid Expenses	-	-	-	-	8.73	-
Other Current Assets	92.71	90.3	74.55	57.44	43.39	25.2
Total Current Assets	2,989	3,189	2,402	1,804	1,615	910.59
Property, Plant & Equipment	350.82	338.54	296.92	303.05	291.52	293.75
Long-Term Investments	365.85	367.57	381.46	436.57	302.49	468.3
Goodwill	80.26	80.26	80.26	80.26	81.47	70.2
Other Intangible Assets	72.8	73.45	70.64	69.41	63.51	58.02
Long-Term Accounts Receivable	1,665	1,573	1,444	1,288	1,126	985.36
Long-Term Deferred Tax Assets	75.21	74.15	71.4	67.82	87.26	87.89
Long-Term Deferred Charges	3.82	3.42	-	-	-	-
Other Long-Term Assets	23.55	9.12	9.58	7.51	12.86	9.38
Total Assets	5,626	5,709	4,757	4,057	3,585	2,895
Accounts Payable	326.95	410.89	290.28	530.53	324.87	297.44
Accrued Expenses	25.36	94.97	104.91	81.6	81.75	74.26
Short-Term Debt	-	0.08	59.95	-	1.63	9.73
Current Portion of Long-Term Debt	18.17	24.88	36.45	56.07	22.08	7.14
Current Portion of Leases	34.3	31.57	25.52	30.38	28.11	25.98
Current Income Taxes Payable	9.14	6.53	6.67	-	11.61	1.34
Current Unearned Revenue	2.88	4.27	2.22	1.18	1.37	1.32
Other Current Liabilities	4,303	4,223	3,288	2,343	2,234	1,834
Total Current Liabilities	4,720	4,797	3,814	3,043	2,705	2,251
Long-Term Debt	286.78	304.24	415.47	485.93	339.92	119.31
Long-Term Leases	136.39	124.78	92.74	95.49	87.17	89.23
Long-Term Unearned Revenue	0.77	0.66	0.67	0.26	0.27	0.28
Long-Term Deferred Tax Liabilities	2.22	2.57	4.67	9.85	2.43	2.79
Other Long-Term Liabilities	12.02	12.39	26.34	12.63	14.68	17.42
Total Liabilities	5,320	5,401	4,503	3,833	3,411	2,745
Common Stock	69.22	69.22	71.96	72.68	75	75
Retained Earnings	175.01	179.54	176.27	144.07	142.95	122.47
Treasury Stock	-26.13	-15.83	-15.62	-10.83	-6.4	-0
Comprehensive Income & Other	24.27	14.65	19.03	17.68	-37.57	-47.52
Total Common Equity	242.38	247.58	251.63	223.6	173.98	149.95
Minority Interest	64.12	60.68	1.62	1.33	0.56	0.32
Shareholders' Equity	306.49	308.26	253.25	224.93	174.55	150.28
Total Liabilities & Equity	5,626	5,709	4,757	4,057	3,585	2,895
Total Debt	475.64	485.55	630.13	667.88	478.92	251.38
Net Cash (Debt)	2,105	2,235	1,360	400.41	467.86	341.21
Net Cash Growth	25.85%	64.37%	239.61%	-14.42%	37.12%	50.83%
Net Cash Per Share	15.50	16.32	9.59	2.72	3.14	2.27
Filing Date Shares Outstanding	133.02	134.65	139.51	146.71	148.5	150
Total Common Shares Outstanding	133.02	134.65	139.51	146.71	148.5	150
Working Capital	-1,731	-1,608	-1,412	-1,239	-1,091	-1,341
Book Value Per Share	1.82	1.84	1.80	1.52	1.17	1.00
Tangible Book Value	89.33	93.88	100.73	73.94	29	21.73
Tangible Book Value Per Share	0.67	0.70	0.72	0.50	0.20	0.14
Land	35.22	35.22	35.61	35.61	35.62	35.48
Buildings	351.7	351.04	347.21	343.04	340.48	339.12
Machinery	287.24	283.2	270.89	259.12	244.75	242.7
Construction In Progress	4.21	6.06	1.86	4.02	3.61	6.02

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.