Universal Music Group N.V. (UMGNF)

Universal Music Group Balance Sheet

Financials in millions EUR. 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	438	413	439	585	1,141	336
Short-Term Investments	19	91	-	-	1	27
Cash & Short-Term Investments	457	504	439	585	1,142	363
Cash Growth	-15.68%	14.81%	-24.96%	-48.77%	214.60%	18.63%
Accounts Receivable	2,307	1,986	1,765	1,598	1,482	1,056
Other Receivables	49	296	253	208	160	593
Receivables	2,356	2,282	2,018	1,806	1,642	2,321
Inventory	244	210	163	99	79	90
Other Current Assets	1,154	1,060	984	844	677	1
Total Current Assets	4,211	4,056	3,604	3,334	3,540	2,775
Property, Plant & Equipment	652	493	485	555	592	739
Long-Term Investments	2,895	1,658	846	1,701	2,034	1,191
Goodwill	1,722	1,624	1,578	1,480	1,369	1,488
Other Intangible Assets	203	180	119	96	79	1
Long-Term Deferred Tax Assets	570	479	348	404	414	367
Long-Term Deferred Charges	3,052	3,020	3,058	2,982	2,330	-
Other Long-Term Assets	1,860	1,581	1,601	1,542	1,182	2,269
Total Assets	15,165	13,091	11,639	12,094	11,540	8,830
Accounts Payable	5,634	118	139	146	121	132
Accrued Expenses	-	4,346	3,937	3,420	2,935	2,251
Short-Term Debt	1,166	223	930	13	5	15
Current Portion of Long-Term Debt	60	55	207	305	635	-
Current Portion of Leases	70	86	77	80	78	86
Current Income Taxes Payable	101	70	53	39	27	-12
Current Unearned Revenue	-	408	377	388	454	-
Other Current Liabilities	169	961	800	1,001	753	1,661
Total Current Liabilities	7,200	6,267	6,520	5,392	5,008	4,133
Long-Term Debt	1,824	1,826	1,113	2,277	2,369	1
Long-Term Leases	482	324	346	421	447	510
Long-Term Deferred Tax Liabilities	913	676	580	850	896	659
Other Long-Term Liabilities	1,275	862	576	919	977	543
Total Liabilities	11,694	10,108	9,287	10,064	9,906	5,846
Common Stock	18,293	18,217	18,135	18,134	-	-
Additional Paid-In Capital	15,041	14,994	14,935	14,941	-	-
Retained Earnings	-29,900	-30,244	-30,714	-31,033	2,116	3,272
Treasury Stock	-5	-5	-5	-12	-	-
Comprehensive Income & Other	-	-	-	-	-482	-290
Total Common Equity	3,429	2,962	2,351	2,030	1,634	2,982
Minority Interest	42	21	1	-	-	2
Shareholders' Equity	3,471	2,983	2,352	2,030	1,634	2,984
Total Liabilities & Equity	15,165	13,091	11,639	12,094	11,540	8,830
Total Debt	3,602	2,514	2,673	3,096	3,534	612
Net Cash (Debt)	-3,145	-2,010	-2,234	-2,511	-2,392	-249
Net Cash Per Share	-1.69	-1.09	-1.23	-1.38	-1.32	-0.14
Filing Date Shares Outstanding	1,829	1,821	1,813	1,813	1,813	1,813
Total Common Shares Outstanding	1,829	1,821	1,813	1,813	1,813	1,813
Working Capital	-2,989	-2,211	-2,916	-2,058	-1,468	-1,358
Book Value Per Share	1.87	1.63	1.30	1.12	0.90	1.64
Tangible Book Value	1,504	1,158	654	454	186	1,493
Tangible Book Value Per Share	0.82	0.64	0.36	0.25	0.10	0.82
Land	-	242	241	234	220	-
Machinery	-	122	119	111	77	-
Construction In Progress	-	24	20	9	19	-

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