Varta AG (VARTY)

Varta AG Balance Sheet

Financials in millions EUR. 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	37.72	120.16	108.71	73.11	121.89
Cash & Short-Term Investments	37.72	120.16	108.71	73.11	121.89
Cash Growth	-68.61%	10.54%	48.70%	-40.02%	-50.20%
Accounts Receivable	105.85	118.21	114.34	169.64	122.77
Other Receivables	58.39	29.79	60.48	42.22	54.41
Receivables	164.24	148.01	174.82	211.85	177.19
Inventory	158	189.93	223.32	157.11	133.33
Other Current Assets	134.95	2.81	2.39	1.79	3.5
Total Current Assets	494.91	460.91	509.23	443.86	435.9
Property, Plant & Equipment	207.92	276.82	591.89	711.35	596.58
Long-Term Investments	0.01	0.05	0.06	0.06	0.07
Goodwill	0.14	0.14	0.64	4.94	0.64
Other Intangible Assets	41.29	43.66	49	51.64	53.49
Long-Term Deferred Tax Assets	6.47	7.21	19.7	6.04	6.11
Long-Term Deferred Charges	2.63	45.73	49.97	24.88	9.81
Other Long-Term Assets	35.92	36.17	37.95	17.64	19.92
Total Assets	789.29	870.68	1,258	1,260	1,123
Accounts Payable	41	73.69	78.21	132.13	70.41
Accrued Expenses	138.47	127.49	100.12	95.99	109.77
Short-Term Debt	0.5	1.5	6.9	13	-
Current Portion of Long-Term Debt	513.49	473.37	488.72	67.13	4.2
Current Portion of Leases	17.51	16.77	17.4	17	14.2
Current Income Taxes Payable	3.27	30.25	46.43	50.54	45.71
Current Unearned Revenue	15.2	15.34	17.83	4.37	49.95
Other Current Liabilities	109.06	74.83	67.34	47.6	83.46
Total Current Liabilities	838.5	813.24	822.95	427.76	377.69
Long-Term Debt	10.22	19.22	-	97.52	41.64
Long-Term Leases	60.2	68.8	69.7	80.71	63.84
Long-Term Unearned Revenue	-	-	-	14.21	47.22
Long-Term Deferred Tax Liabilities	1.18	0.47	16.93	2.4	4.24
Other Long-Term Liabilities	14.38	41.96	55.48	36.48	12.02
Total Liabilities	975.05	995.26	1,019	727.91	623.73
Common Stock	42.64	42.64	40.42	40.42	40.42
Retained Earnings	-241.07	-470.51	-56.39	236.97	209.83
Comprehensive Income & Other	12.67	303.29	255.44	255.11	248.52
Total Common Equity	-185.76	-124.59	239.47	532.5	498.76
Minority Interest	-	-	-	-	0.31
Shareholders' Equity	-185.76	-124.59	239.47	532.5	499.08
Total Liabilities & Equity	789.29	870.68	1,258	1,260	1,123
Total Debt	601.92	579.67	582.72	275.35	123.88
Net Cash (Debt)	-564.2	-459.5	-474.01	-202.24	-1.99
Net Cash Per Share	-1.32	-1.09	-1.17	-0.50	-0.00
Filing Date Shares Outstanding	426.42	426.42	404.22	404.22	404.22
Total Common Shares Outstanding	426.42	426.42	404.22	404.22	404.22
Working Capital	-343.59	-352.33	-313.72	16.1	58.21
Book Value Per Share	-0.44	-0.29	0.59	1.32	1.23
Tangible Book Value	-227.19	-168.38	189.83	475.92	444.64
Tangible Book Value Per Share	-0.53	-0.39	0.47	1.18	1.10
Land	3.17	3.17	3.17	3.17	3.17
Buildings	20.44	20.44	19.93	19.68	18.06
Machinery	704.29	686.97	597.58	474.94	409.55
Construction In Progress	80.62	232.2	278.11	290.55	198.19

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