AB Volvo (publ) (STO:VOLV.B)

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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	56,953	85,171	83,326	83,886	62,126	85,206
Short-Term Investments	171	218	89	93	167	213
Trading Asset Securities	-	1,689	1,460	759	840	1,612
Cash & Short-Term Investments	57,124	87,078	84,875	84,738	63,133	87,031
Cash Growth	-16.89%	2.60%	0.16%	34.22%	-27.46%	39.09%
Accounts Receivable	30,844	40,005	41,383	48,494	40,962	38,122
Other Receivables	26,781	18,403	16,549	15,258	13,066	10,247
Receivables	59,866	62,132	60,263	68,814	55,283	48,568
Inventory	73,065	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	104	786	12,248	-	1	29,362
Total Current Assets	304,789	358,309	351,373	323,847	255,504	280,116
Property, Plant & Equipment	120,418	125,072	110,303	106,630	94,326	87,007
Long-Term Investments	22,538	27,680	24,854	27,161	23,300	17,857
Other Intangible Assets	21,237	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	11,987	13,889	14,142	12,220	9,744	10,595
Other Long-Term Assets	5,694	6,289	4,812	5,844	6,629	6,446
Total Assets	644,975	714,564	674,068	629,064	515,856	510,821
Accounts Payable	62,658	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	113,575	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	5,834	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	84,896	31,536	39,327	25,170	24,218	30,324
Total Current Liabilities	271,113	280,989	284,361	252,097	202,411	203,476
Long-Term Debt	129,527	154,927	135,288	136,776	99,788	91,375
Long-Term Leases	5,700	5,944	5,314	4,806	4,469	4,434
Long-Term Unearned Revenue	-	31,642	26,622	27,514	22,492	18,498
Pension & Post-Retirement Benefits	8,565	12,607	11,138	8,690	12,095	18,282
Long-Term Deferred Tax Liabilities	3,571	2,483	2,487	3,060	2,773	1,166
Other Long-Term Liabilities	53,107	26,166	25,724	27,352	25,426	23,201
Total Liabilities	473,108	517,203	493,329	462,828	371,738	362,679
Common Stock	171,797	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	171,797	194,049	177,791	162,717	141,045	145,295
Minority Interest	70	3,312	2,948	3,519	3,073	2,847
Shareholders' Equity	171,867	197,361	180,739	166,236	144,118	148,142
Total Liabilities & Equity	644,975	714,564	674,068	629,064	515,856	510,821
Total Debt	250,902	264,732	239,295	214,023	153,831	154,133
Net Cash (Debt)	-193,778	-177,654	-154,420	-129,285	-90,698	-67,102
Net Cash Per Share	-95.32	-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	33,676	77,320	67,012	71,750	53,093	76,640
Book Value Per Share	84.49	95.43	87.43	80.02	69.36	71.45
Tangible Book Value	126,584	149,709	135,279	121,173	103,975	110,718
Tangible Book Value Per Share	62.25	73.62	66.53	59.59	51.13	54.45

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