International Workplace Group plc (IWGFF)

IWGFF Balance Sheet

Financials in millions USD. 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	446	148	141	193.99	105.62	96.94
Cash & Short-Term Investments	446	148	141	193.99	105.62	96.94
Cash Growth	178.75%	4.96%	-27.32%	83.67%	8.96%	9.90%
Accounts Receivable	692	484	512	538.59	354.76	389.25
Other Receivables	-	558	510	467.5	479.34	842.25
Receivables	692	1,042	1,022	1,006	834.1	1,232
Inventory	-	1	1	1.2	1.35	1.77
Prepaid Expenses	158	143	185	183.14	181.44	175.3
Other Current Assets	416	5	6	3.61	4.06	3.28
Total Current Assets	1,712	1,339	1,355	1,388	1,127	1,509
Property, Plant & Equipment	6,296	6,116	6,883	7,511	8,633	9,360
Long-Term Investments	58	62	56	54.22	60.93	15.43
Goodwill	1,254	1,148	1,172	1,125	953.26	949.57
Other Intangible Assets	180	227	266	257.85	105.62	72.77
Long-Term Accounts Receivable	-	88	81	114.46	-	-
Long-Term Deferred Tax Assets	368	586	576	550.64	442.78	256.95
Other Long-Term Assets	129	67	67	68.68	67.7	75.09
Total Assets	9,997	9,633	10,456	11,071	11,390	12,239
Accounts Payable	219	232	310	265.08	220.71	369.59
Accrued Expenses	866	556	586	467.5	417.05	410.14
Current Portion of Long-Term Debt	-	206	17	343.39	29.79	29.9
Current Portion of Leases	1,279	1,131	1,178	1,207	1,262	1,392
Current Income Taxes Payable	-	65	55	54.22	48.75	54.61
Current Unearned Revenue	581	525	552	548.23	468.5	449.05
Other Current Liabilities	632	848	802	753.06	622.87	619.85
Total Current Liabilities	3,799	3,563	3,500	3,639	3,070	3,325
Long-Term Debt	1,061	633	899	708.48	613.39	546.67
Long-Term Leases	5,255	5,031	5,678	6,069	7,026	7,562
Long-Term Deferred Tax Liabilities	-	220	220	210.86	190.92	0.27
Other Long-Term Liabilities	97	39	47	65.06	74.47	100.21
Total Liabilities	10,212	9,490	10,347	10,695	10,977	11,537
Common Stock	13	13	13	12.05	13.54	14.34
Additional Paid-In Capital	416	399	399	377.13	423.82	426.79
Retained Earnings	-266	128	123	50.61	111.03	386.38
Treasury Stock	-94	-182	-194	-183.14	-204.46	-210.39
Comprehensive Income & Other	-284	-265	-297	56.63	56.87	84.38
Total Common Equity	-215	93	44	313.27	400.8	701.49
Minority Interest	-	50	65	62.65	12.19	-
Shareholders' Equity	-215	143	109	375.93	412.99	701.49
Total Liabilities & Equity	9,997	9,633	10,456	11,071	11,390	12,239
Total Debt	7,817	7,001	7,772	8,328	8,931	9,531
Net Cash (Debt)	-7,371	-6,853	-7,631	-8,134	-8,826	-9,434
Net Cash Per Share	-7.21	-6.72	-7.58	-8.08	-8.76	-9.91
Filing Date Shares Outstanding	1,016	1,012	1,007	1,007	1,007	1,007
Total Common Shares Outstanding	1,016	1,012	1,007	1,007	1,007	1,007
Working Capital	-2,087	-2,224	-2,145	-2,251	-1,943	-1,816
Book Value Per Share	-0.21	0.09	0.04	0.31	0.40	0.70
Tangible Book Value	-1,649	-1,282	-1,394	-1,070	-658.07	-320.85
Tangible Book Value Per Share	-1.62	-1.27	-1.38	-1.06	-0.65	-0.32
Land	-	202	204	192.78	216.65	204.66
Machinery	-	1,128	1,165	1,278	1,271	1,234
Leasehold Improvements	-	2,073	2,134	2,054	2,011	2,077

Source: S&P Global Market Intelligence. Standard template. Financial Sources.