National Grid plc (NGGTF)

National Grid Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	1,178	559	163	204	157
Short-Term Investments	5,753	615	841	853	574
Trading Asset Securities	-	3,084	1,764	2,292	1,768
Accounts Receivable	4,092	2,018	2,072	1,953	1,493
Other Receivables	11	1,023	1,412	1,439	1,106
Inventory	557	730	740	393	347
Prepaid Expenses	-	385	389	429	387
Other Current Assets	2,741	1,965	1,732	10,400	4,106
Total Current Assets	14,332	10,379	9,113	17,963	9,938
Property, Plant & Equipment	74,091	68,907	64,433	57,532	47,043
Goodwill	9,532	9,729	9,847	9,532	4,588
Other Intangible Assets	3,564	3,431	3,604	3,272	1,443
Long-Term Investments	1,406	2,300	2,159	2,068	1,622
Other Long-Term Assets	3,817	3,579	3,541	4,493	2,582
Total Assets	106,742	98,325	92,697	94,860	67,216
Accounts Payable	4,472	2,786	3,249	3,113	2,165
Accrued Expenses	-	-	240	278	140
Short-Term Debt	-	1,444	840	1,303	628
Current Portion of Long-Term Debt	4,662	3,550	2,112	10,847	3,080
Current Unearned Revenue	96	127	252	130	66
Current Portion of Leases	-	114	96	107	99
Current Income Taxes Payable	219	220	236	32	75
Other Current Liabilities	1,172	3,148	2,105	8,960	3,115
Total Current Liabilities	10,621	11,389	9,130	24,770	9,368
Long-Term Debt	42,877	42,425	40,438	33,748	27,594
Long-Term Leases	-	665	618	451	586
Long-Term Unearned Revenue	2,418	2,130	1,838	1,383	1,172
Pension & Post-Retirement Benefits	573	593	694	810	1,032
Long-Term Deferred Tax Liabilities	8,038	7,519	7,181	6,765	4,815
Other Long-Term Liabilities	4,389	3,712	3,236	3,077	2,789
Total Liabilities	68,916	68,433	63,135	71,004	47,356
Common Stock	638	493	488	485	474
Additional Paid-In Capital	1,292	1,298	1,302	1,300	1,296
Retained Earnings	40,106	32,066	31,608	26,611	23,163
Comprehensive Income & Other	-4,233	-3,990	-3,860	-4,563	-5,094
Total Common Equity	37,803	29,867	29,538	23,833	19,839
Minority Interest	23	25	24	23	21
Shareholders' Equity	37,826	29,892	29,562	23,856	19,860
Total Liabilities & Equity	106,742	98,325	92,697	94,860	67,216
Total Debt	47,539	48,198	44,104	46,456	31,987
Net Cash (Debt)	-40,608	-43,940	-41,336	-43,107	-29,488
Net Cash Per Share	-8.59	-11.85	-11.24	-11.92	-8.33
Filing Date Shares Outstanding	4,894	3,720	3,678	3,645	3,549
Total Common Shares Outstanding	4,894	3,720	3,677	3,645	3,549
Working Capital	3,711	-1,010	-17	-6,807	570
Book Value Per Share	7.72	8.03	8.03	6.54	5.59
Tangible Book Value	24,707	16,707	16,087	11,029	13,808
Tangible Book Value Per Share	5.05	4.49	4.37	3.03	3.89
Land	-	4,210	4,066	3,659	3,752
Machinery	-	75,901	70,987	64,094	57,079
Construction In Progress	-	7,022	6,760	5,587	5,221

Updated Nov 7, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.