Varta AG (VARTY)

Varta AG Balance Sheet

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	120.16	108.71	73.11	121.89	244.78
Cash & Short-Term Investments	120.16	108.71	73.11	121.89	244.78
Cash Growth	10.54%	48.70%	-40.02%	-50.20%	63.47%
Accounts Receivable	118.21	114.34	169.64	122.77	54
Other Receivables	29.79	60.48	42.22	54.41	16.87
Receivables	148.01	174.82	211.85	177.19	70.87
Inventory	189.93	223.32	157.11	133.33	64
Other Current Assets	2.81	2.39	1.79	3.5	0.72
Total Current Assets	460.91	509.23	443.86	435.9	380.37
Property, Plant & Equipment	276.82	591.89	711.35	596.58	247.9
Long-Term Investments	0.05	0.06	0.06	0.07	0.06
Goodwill	0.14	0.64	4.94	0.64	0.5
Other Intangible Assets	43.66	49	51.64	53.49	10.2
Long-Term Deferred Tax Assets	7.21	19.7	6.04	6.11	1.27
Long-Term Deferred Charges	45.73	49.97	24.88	9.81	10.08
Other Long-Term Assets	36.17	37.95	17.64	19.92	17.91
Total Assets	870.68	1,258	1,260	1,123	668.83
Accounts Payable	96.31	116.67	132.13	70.41	36.91
Accrued Expenses	127.49	100.12	95.99	109.77	20.32
Short-Term Debt	1.5	6.9	13	-	2.1
Current Portion of Long-Term Debt	473.37	488.72	67.13	4.2	-
Current Portion of Leases	16.77	17.4	17	14.2	4.6
Current Income Taxes Payable	30.25	46.43	50.54	45.71	14.33
Current Unearned Revenue	1.66	2.53	4.37	49.95	44.77
Other Current Liabilities	65.89	44.18	47.6	83.46	42.23
Total Current Liabilities	813.24	822.95	427.76	377.69	165.25
Long-Term Debt	19.22	-	97.52	41.64	0.14
Long-Term Leases	68.8	69.7	80.71	63.84	20.48
Long-Term Unearned Revenue	-	-	14.21	47.22	34.39
Long-Term Deferred Tax Liabilities	0.47	16.93	2.4	4.24	-
Other Long-Term Liabilities	41.96	55.48	36.48	12.02	6.54
Total Liabilities	995.26	1,019	727.91	623.73	254.03
Common Stock	42.64	40.42	40.42	40.42	40.42
Retained Earnings	-470.51	-56.39	236.97	209.83	119.09
Comprehensive Income & Other	303.29	255.44	255.11	248.52	255.08
Total Common Equity	-124.59	239.47	532.5	498.76	414.59
Minority Interest	-	-	-	0.31	0.22
Shareholders' Equity	-124.59	239.47	532.5	499.08	414.8
Total Liabilities & Equity	870.68	1,258	1,260	1,123	668.83
Total Debt	579.67	582.72	275.35	123.88	27.32
Net Cash (Debt)	-459.5	-474.01	-202.24	-1.99	217.47
Net Cash Growth	-	-	-	-	46.65%
Net Cash Per Share	-1.09	-1.17	-0.50	-0.00	0.55
Filing Date Shares Outstanding	426.42	404.22	404.22	404.22	404.22
Total Common Shares Outstanding	426.42	404.22	404.22	404.22	404.22
Working Capital	-352.33	-313.72	16.1	58.21	215.12
Book Value Per Share	-0.29	0.59	1.32	1.23	1.03
Tangible Book Value	-168.38	189.83	475.92	444.64	403.89
Tangible Book Value Per Share	-0.39	0.47	1.18	1.10	1.00
Land	3.17	3.17	3.17	3.17	-
Buildings	20.44	19.93	19.68	18.06	0.36
Machinery	686.97	597.58	474.94	409.55	170.86
Construction In Progress	232.2	278.11	290.55	198.19	116.92

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