NOTE AB (publ) (STO: NOTE)

NOTE AB Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	316	169.84	87.66	99.17	67.74	72.62
Cash & Short-Term Investments	316	169.84	87.66	99.17	67.74	72.62
Cash Growth	79.55%	93.75%	-11.61%	46.41%	-6.72%	134.35%
Accounts Receivable	813	875.84	872.39	675.08	338.28	380.22
Other Receivables	82	26.81	29.2	32.3	18.27	13.41
Receivables	895	902.65	901.59	707.38	356.56	393.63
Inventory	1,067	1,290	1,254	886.64	354.09	370.06
Prepaid Expenses	-	17.38	13.12	11.79	5.95	4.33
Other Current Assets	-	0.95	0.63	0.34	0.34	0.49
Total Current Assets	2,278	2,381	2,257	1,705	784.68	841.13
Property, Plant & Equipment	545	511.88	299.02	276.19	191.88	149.57
Goodwill	268	258.88	165.58	141.01	105.71	109.86
Other Intangible Assets	53	51.99	34.69	35.36	20.59	26.73
Long-Term Deferred Tax Assets	15	14.39	7.31	4.94	5.75	1.13
Other Long-Term Assets	1	2.09	2.22	0.97	0.63	0.67
Total Assets	3,160	3,220	2,765	2,164	1,109	1,129
Accounts Payable	518	602.79	686.26	594.32	246.43	269.65
Accrued Expenses	-	140.22	118.14	98.65	81.79	75.52
Short-Term Debt	374	412.21	350.92	261.46	24.84	181.07
Current Portion of Long-Term Debt	-	-	1.98	2.97	-	-
Current Portion of Leases	27	64.48	47.43	46.04	32.83	25.72
Current Income Taxes Payable	-	37.63	43.46	52.75	20.35	10.36
Other Current Liabilities	380	226.14	225.01	121.14	25.06	30.9
Total Current Liabilities	1,299	1,483	1,473	1,177	431.3	593.22
Long-Term Debt	145	5.4	5.87	12.35	-	-
Long-Term Leases	110	271.24	146.8	146.15	95.34	58.91
Long-Term Deferred Tax Liabilities	65	63.9	41.01	27.72	14.96	11.7
Total Liabilities	1,619	1,824	1,667	1,364	541.61	663.84
Common Stock	1,541	15.01	15.01	14.81	14.7	14.44
Additional Paid-In Capital	-	246.95	246.95	235.49	229.48	218.09
Retained Earnings	-	1,099	778.97	524.73	330.66	215
Comprehensive Income & Other	-	35.23	57.56	25.24	-7.2	17.72
Shareholders' Equity	1,541	1,396	1,098	800.26	567.63	465.25
Total Liabilities & Equity	3,160	3,220	2,765	2,164	1,109	1,129
Total Debt	656	753.33	553	468.97	153.02	265.7
Net Cash (Debt)	-340	-583.49	-465.35	-369.8	-85.28	-193.08
Net Cash Per Share	-11.75	-20.13	-16.06	-12.81	-2.99	-6.90
Filing Date Shares Outstanding	28.48	28.98	28.98	28.58	28.37	28.87
Total Common Shares Outstanding	28.48	28.98	28.98	28.58	28.37	28.87
Working Capital	979	897.42	783.34	528	353.38	247.91
Book Value Per Share	54.10	48.17	37.90	28.00	20.01	16.11
Tangible Book Value	1,220	1,085	898.22	623.88	441.34	328.66
Tangible Book Value Per Share	42.83	37.44	30.99	21.83	15.56	11.38
Buildings	-	77.43	32.29	26.93	24.93	25.55
Machinery	-	589.74	444.52	389.78	329.46	281.18

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