Volvo Car AB (publ.) Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	46,396	57,564	56,373	47,861	63,743	62,265
Short-Term Investments	167	1	-	9,918	3,415	7,996
Cash & Short-Term Investments	46,563	57,565	56,373	57,779	67,158	70,261
Cash Growth	-1.31%	2.11%	-2.43%	-13.97%	-4.42%	0.83%
Accounts Receivable	20,050	21,241	22,780	19,284	25,239	18,553
Other Receivables	1,670	8,441	9,452	10,524	11,461	7,275
Receivables	21,720	29,682	32,232	29,808	36,700	25,828
Inventory	71,074	59,024	62,455	57,058	46,951	36,603
Prepaid Expenses	-	6,568	6,947	9,570	5,805	4,532
Restricted Cash	-	39	120	752	736	4
Other Current Assets	19,318	4,923	485	1,988	1,769	4,734
Total Current Assets	158,675	157,801	158,612	156,955	159,119	141,962
Property, Plant & Equipment	103,610	99,391	107,124	84,113	77,252	71,415
Long-Term Investments	18,378	17,457	21,751	26,208	19,952	8,696
Other Intangible Assets	83,764	34,315	34,296	49,731	37,845	22,803
Long-Term Deferred Tax Assets	8,038	8,363	12,260	10,135	9,131	7,367
Long-Term Deferred Charges	-	48,650	49,485	22,373	19,149	21,037
Other Long-Term Assets	5,586	5,960	3,267	5,520	5,122	5,032
Total Assets	379,239	373,172	388,235	356,362	330,924	283,358
Accounts Payable	59,979	57,768	56,479	62,304	68,913	48,283
Accrued Expenses	-	28,955	35,436	33,434	28,494	23,065
Current Portion of Long-Term Debt	2,596	2,430	7,096	7,597	2,755	4,471
Current Portion of Leases	-	1,562	2,176	1,266	1,515	1,477
Current Income Taxes Payable	1,474	1,322	1,246	1,607	1,566	1,402
Current Unearned Revenue	31,310	31,264	34,997	30,817	26,094	22,929
Other Current Liabilities	60,027	27,953	32,153	23,971	20,041	24,488
Total Current Liabilities	155,386	151,254	169,583	160,996	149,378	126,115
Long-Term Debt	33,703	28,414	22,933	22,653	26,055	20,944
Long-Term Leases	-	5,309	7,523	4,786	4,845	5,509
Long-Term Unearned Revenue	8,750	8,605	10,755	8,148	7,144	6,967
Pension & Post-Retirement Benefits	5,907	5,853	8,111	7,610	6,883	11,961
Long-Term Deferred Tax Liabilities	9,980	9,864	11,080	8,293	5,392	2,340
Other Long-Term Liabilities	15,417	15,495	16,051	13,391	13,949	15,010
Total Liabilities	229,143	224,794	246,036	225,877	213,646	188,846
Common Stock	149,673	61	61	61	61	61
Additional Paid-In Capital	-	40,106	40,106	40,106	40,106	40,107
Retained Earnings	-	101,347	95,045	80,096	68,353	49,601
Comprehensive Income & Other	-	5,565	2,249	6,108	5,427	416
Total Common Equity	149,673	147,079	137,461	126,371	113,947	90,185
Minority Interest	423	1,299	4,738	4,114	3,331	4,327
Shareholders' Equity	150,096	148,378	142,199	130,485	117,278	94,512
Total Liabilities & Equity	379,239	373,172	388,235	356,362	330,924	283,358
Total Debt	36,299	37,715	39,728	36,302	35,170	32,401
Net Cash (Debt)	10,264	19,850	16,645	21,477	31,988	37,860
Net Cash Growth	-14.05%	19.25%	-22.50%	-32.86%	-15.51%	29.09%
Net Cash Per Share	3.46	6.68	5.59	7.21	10.74	14.67
Filing Date Shares Outstanding	2,965	2,965	2,975	2,980	2,980	2,980
Total Common Shares Outstanding	2,965	2,965	2,975	2,980	2,980	2,980
Working Capital	3,289	6,547	-10,971	-4,041	9,741	15,847
Book Value Per Share	50.49	49.61	46.21	42.41	38.24	30.27
Tangible Book Value	65,909	112,764	103,165	76,640	76,102	67,382
Tangible Book Value Per Share	22.23	38.04	34.68	25.72	25.54	22.62
Buildings	-	33,329	33,422	30,045	27,151	24,959
Machinery	-	128,211	127,481	112,832	114,590	110,086
Construction In Progress	-	25,493	18,863	12,755	7,813	4,274

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