Volvo Car AB (publ.) (STO: VOLCAR.B)

Volvo Car AB (publ.) 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	42,965	47,861	63,743	62,265	61,592	51,997
Short-Term Investments	565	9,918	3,415	7,996	8,087	3,518
Cash & Short-Term Investments	43,530	57,779	67,158	70,261	69,679	55,515
Cash Growth	-17.50%	-13.97%	-4.42%	0.84%	25.51%	32.98%
Accounts Receivable	23,878	19,284	25,239	18,553	14,776	13,243
Other Receivables	2,342	10,524	11,461	7,275	7,890	7,516
Receivables	27,515	29,808	36,700	25,828	22,666	20,759
Inventory	78,711	57,058	46,951	36,603	35,513	38,911
Prepaid Expenses	-	9,570	5,805	4,532	2,305	2,141
Restricted Cash	-	752	736	4	103	185
Other Current Assets	15,429	1,988	1,769	4,734	8,567	-
Total Current Assets	165,185	156,955	159,119	141,962	138,833	117,511
Property, Plant & Equipment	97,734	84,113	77,252	71,415	61,943	72,981
Long-Term Investments	25,461	26,208	19,952	8,696	12,446	9,507
Other Intangible Assets	81,166	49,731	37,845	22,803	9,746	8,453
Long-Term Deferred Tax Assets	11,103	10,135	9,131	7,367	7,164	7,275
Long-Term Deferred Charges	-	22,373	19,149	21,037	27,422	24,333
Other Long-Term Assets	5,794	5,520	5,122	5,032	4,758	3,307
Total Assets	386,443	356,362	330,924	283,358	262,312	243,367
Accounts Payable	65,693	62,304	68,913	48,283	46,635	44,876
Accrued Expenses	-	33,434	28,494	23,065	23,803	18,466
Current Portion of Long-Term Debt	6,481	7,597	2,755	4,471	7,529	4,105
Current Portion of Leases	1,853	1,266	1,515	1,477	1,175	1,073
Current Income Taxes Payable	1,098	1,607	1,566	1,402	1,486	1,302
Current Unearned Revenue	29,727	30,817	26,094	22,929	21,842	20,478
Other Current Liabilities	48,865	23,971	20,041	24,488	23,884	25,681
Total Current Liabilities	171,650	160,996	149,378	126,115	126,354	115,981
Long-Term Debt	25,057	22,649	26,055	20,944	26,832	26,132
Long-Term Leases	6,136	4,786	4,845	5,509	4,815	5,076
Long-Term Unearned Revenue	9,312	8,148	7,144	6,967	5,630	5,210
Long-Term Deferred Tax Liabilities	12,500	8,293	5,392	2,340	1,044	975
Other Long-Term Liabilities	11,124	13,395	13,949	15,010	13,032	13,762
Total Liabilities	243,406	225,877	213,646	188,846	191,894	179,719
Common Stock	138,361	61	61	61	51	51
Additional Paid-In Capital	-	40,106	40,106	40,107	19,949	19,949
Retained Earnings	-	80,096	68,353	49,601	40,323	37,170
Comprehensive Income & Other	-	6,108	5,427	416	-911	-3,287
Total Common Equity	138,361	126,371	113,947	90,185	59,412	53,883
Minority Interest	4,676	4,114	3,331	4,327	11,006	9,765
Shareholders' Equity	143,037	130,485	117,278	94,512	70,418	63,648
Total Liabilities & Equity	386,443	356,362	330,924	283,358	262,312	243,367
Total Debt	57,460	36,298	35,170	32,401	40,351	36,386
Net Cash (Debt)	-13,930	21,481	31,988	37,860	29,328	19,129
Net Cash Growth	-	-32.85%	-15.51%	29.09%	53.32%	5.69%
Net Cash Per Share	-4.67	7.21	10.74	14.67	11.47	382.58
Filing Date Shares Outstanding	2,975	2,980	2,980	2,980	50	50
Total Common Shares Outstanding	2,975	2,980	2,980	2,980	50	50
Working Capital	-6,465	-4,041	9,741	15,847	12,479	1,530
Book Value Per Share	46.50	42.41	38.24	30.27	1188.24	1077.66
Tangible Book Value	57,195	76,640	76,102	67,382	49,666	45,430
Tangible Book Value Per Share	19.22	25.72	25.54	22.62	993.32	908.60
Buildings	-	30,045	27,151	24,959	23,654	24,086
Machinery	-	112,832	114,590	110,086	101,311	110,918
Construction In Progress	-	12,755	7,813	4,274	2,873	4,759

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