AB Volvo (publ) (VOLVF)

AB Volvo Balance Sheet

Financials in millions SEK. 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	61,459	85,171	83,326	83,886	62,126	85,206
Short-Term Investments	172	218	89	93	167	213
Trading Asset Securities	-	1,689	1,460	759	840	1,612
Cash & Short-Term Investments	61,631	87,078	84,875	84,738	63,133	87,031
Cash Growth	-8.14%	2.60%	0.16%	34.22%	-27.46%	39.09%
Accounts Receivable	30,694	40,005	41,383	48,494	40,962	38,122
Other Receivables	24,427	18,403	16,549	15,258	13,066	10,247
Receivables	57,609	62,132	60,263	68,814	55,283	48,568
Inventory	72,763	77,121	75,959	75,382	63,714	47,273
Prepaid Expenses	-	4,296	3,837	3,624	3,225	2,700
Other Current Assets	27,629	786	12,248	-	1	29,362
Total Current Assets	329,015	358,309	351,373	323,847	255,504	280,116
Property, Plant & Equipment	118,772	125,072	110,303	106,630	94,326	87,007
Long-Term Investments	22,671	27,680	24,854	27,161	23,300	17,857
Other Intangible Assets	19,970	44,189	42,377	41,471	36,972	34,423
Long-Term Accounts Receivable	-	1,458	1,414	4,036	4,195	3,390
Long-Term Deferred Tax Assets	12,734	13,889	14,142	12,220	9,744	10,595
Other Long-Term Assets	6,116	6,289	4,812	5,844	6,629	6,446
Total Assets	677,596	714,564	674,068	629,064	515,856	510,821
Accounts Payable	68,320	77,607	81,884	89,174	76,079	59,013
Accrued Expenses	-	47,667	44,963	41,359	34,476	31,377
Short-Term Debt	-	-	-	-	13,701	8,629
Current Portion of Long-Term Debt	117,194	101,757	96,816	70,664	34,241	48,143
Current Portion of Leases	2,100	2,104	1,877	1,777	1,632	1,552
Current Income Taxes Payable	3,445	1,917	4,140	6,147	3,720	3,885
Current Unearned Revenue	-	16,250	13,290	16,019	13,075	14,367
Other Current Liabilities	103,238	31,536	39,327	25,170	24,218	30,324
Total Current Liabilities	296,230	280,989	284,361	252,097	202,411	203,476
Long-Term Debt	140,699	154,927	135,288	136,776	99,788	91,375
Long-Term Leases	5,600	5,944	5,314	4,806	4,469	4,434
Long-Term Unearned Revenue	-	31,642	26,622	27,514	22,492	18,498
Long-Term Deferred Tax Liabilities	2,316	2,483	2,487	3,060	2,773	1,166
Other Long-Term Liabilities	53,548	26,166	25,724	27,352	25,426	23,201
Total Liabilities	510,588	517,203	493,329	462,828	371,738	362,679
Common Stock	163,912	2,562	2,562	2,562	2,562	2,562
Retained Earnings	-	179,590	165,614	147,525	136,174	145,291
Comprehensive Income & Other	-	11,897	9,615	12,630	2,309	-2,558
Total Common Equity	163,912	194,049	177,791	162,717	141,045	145,295
Minority Interest	3,096	3,312	2,948	3,519	3,073	2,847
Shareholders' Equity	167,008	197,361	180,739	166,236	144,118	148,142
Total Liabilities & Equity	677,596	714,564	674,068	629,064	515,856	510,821
Total Debt	265,593	264,732	239,295	214,023	153,831	154,133
Net Cash (Debt)	-203,962	-177,654	-154,420	-129,285	-90,698	-67,102
Net Cash Per Share	-100.33	-87.39	-75.96	-63.59	-44.61	-33.01
Filing Date Shares Outstanding	2,033	2,033	2,033	2,033	2,033	2,033
Total Common Shares Outstanding	2,033	2,033	2,033	2,033	2,033	2,033
Working Capital	32,785	77,320	67,012	71,750	53,093	76,640
Book Value Per Share	80.61	95.43	87.43	80.02	69.36	71.45
Tangible Book Value	120,220	149,709	135,279	121,173	103,975	110,718
Tangible Book Value Per Share	59.12	73.62	66.53	59.59	51.13	54.45

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.