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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	50,648	56,373	47,861	63,743	62,265	61,592
Short-Term Investments	-	-	9,918	3,415	7,996	8,087
Cash & Short-Term Investments	50,648	56,373	57,779	67,158	70,261	69,679
Cash Growth	16.35%	-2.43%	-13.97%	-4.42%	0.83%	25.51%
Accounts Receivable	23,585	22,780	19,284	25,239	18,553	14,776
Other Receivables	2,118	9,452	10,524	11,461	7,275	7,890
Receivables	25,703	32,232	29,808	36,700	25,828	22,666
Inventory	64,274	62,455	57,058	46,951	36,603	35,513
Prepaid Expenses	-	6,947	9,570	5,805	4,532	2,305
Restricted Cash	-	120	752	736	4	103
Other Current Assets	19,556	485	1,988	1,769	4,734	8,567
Total Current Assets	160,181	158,612	156,955	159,119	141,962	138,833
Property, Plant & Equipment	98,496	107,124	84,113	77,252	71,415	61,943
Long-Term Investments	17,824	21,751	26,208	19,952	8,696	12,446
Other Intangible Assets	81,895	34,296	49,731	37,845	22,803	9,746
Long-Term Deferred Tax Assets	10,679	10,982	10,135	9,131	7,367	7,164
Long-Term Deferred Charges	-	49,485	22,373	19,149	21,037	27,422
Other Long-Term Assets	4,992	4,545	5,520	5,122	5,032	4,758
Total Assets	375,272	388,235	356,362	330,924	283,358	262,312
Accounts Payable	53,933	56,479	62,304	68,913	48,283	46,635
Accrued Expenses	-	35,436	33,434	28,494	23,065	23,803
Current Portion of Long-Term Debt	4,328	6,993	7,597	2,755	4,471	7,529
Current Portion of Leases	-	2,279	1,266	1,515	1,477	1,175
Current Income Taxes Payable	1,976	1,246	1,607	1,566	1,402	1,486
Current Unearned Revenue	30,393	34,997	30,817	26,094	22,929	21,842
Other Current Liabilities	62,522	32,153	23,971	20,041	24,488	23,884
Total Current Liabilities	153,152	169,583	160,996	149,378	126,115	126,354
Long-Term Debt	35,063	22,933	22,653	26,055	20,944	26,832
Long-Term Leases	-	7,523	4,786	4,845	5,509	4,815
Long-Term Unearned Revenue	9,109	10,755	8,148	7,144	6,967	5,630
Pension & Post-Retirement Benefits	6,814	8,111	7,610	6,883	11,961	14,187
Long-Term Deferred Tax Liabilities	9,905	11,080	8,293	5,392	2,340	1,044
Other Long-Term Liabilities	15,091	16,051	13,391	13,949	15,010	13,032
Total Liabilities	229,134	246,036	225,877	213,646	188,846	191,894
Common Stock	143,213	61	61	61	61	51
Additional Paid-In Capital	-	40,106	40,106	40,106	40,107	19,949
Retained Earnings	-	95,045	80,096	68,353	49,601	40,323
Comprehensive Income & Other	-	2,249	6,108	5,427	416	-911
Total Common Equity	143,213	137,461	126,371	113,947	90,185	59,412
Minority Interest	2,925	4,738	4,114	3,331	4,327	11,006
Shareholders' Equity	146,138	142,199	130,485	117,278	94,512	70,418
Total Liabilities & Equity	375,272	388,235	356,362	330,924	283,358	262,312
Total Debt	39,391	39,728	36,302	35,170	32,401	40,351
Net Cash (Debt)	11,257	16,645	21,477	31,988	37,860	29,328
Net Cash Growth	-	-22.50%	-32.86%	-15.51%	29.09%	53.32%
Net Cash Per Share	3.79	5.59	7.21	10.74	14.67	11.47
Filing Date Shares Outstanding	2,965	2,975	2,980	2,980	2,980	50
Total Common Shares Outstanding	2,965	2,975	2,980	2,980	2,980	50
Working Capital	7,029	-10,971	-4,041	9,741	15,847	12,479
Book Value Per Share	48.31	46.21	42.41	38.24	30.27	1188.24
Tangible Book Value	61,318	103,165	76,640	76,102	67,382	49,666
Tangible Book Value Per Share	20.68	34.68	25.72	25.54	22.62	993.32
Buildings	-	33,422	30,045	27,151	24,959	23,654
Machinery	-	127,481	112,832	114,590	110,086	101,311
Construction In Progress	-	18,863	12,755	7,813	4,274	2,873

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.