Adecco Group AG (SWX: ADEN)

Adecco Group AG Balance Sheet

Financials in millions EUR. 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	278	556	782	3,051	1,485	1,351
Trading Asset Securities	-	-	-	1	5	-
Cash & Short-Term Investments	278	556	782	3,052	1,490	1,351
Cash Growth	-24.25%	-28.90%	-74.38%	104.83%	10.29%	107.21%
Accounts Receivable	4,155	4,466	4,758	4,076	3,870	4,310
Other Receivables	-	1	1	2	2	-
Receivables	4,155	4,467	4,759	4,078	3,872	4,310
Restricted Cash	-	49	86	61	42	18
Other Current Assets	521	416	497	532	350	264
Total Current Assets	4,954	5,488	6,124	7,723	5,754	5,943
Property, Plant & Equipment	982	749	717	465	533	572
Long-Term Investments	230	197	185	175	133	99
Goodwill	4,092	4,114	4,181	2,483	2,339	2,846
Other Intangible Assets	860	1,214	1,289	402	412	510
Long-Term Deferred Tax Assets	-	218	262	201	175	155
Other Long-Term Assets	749	450	498	416	446	446
Total Assets	11,867	12,430	13,256	11,865	9,792	10,571
Accounts Payable	4,121	832	1,162	879	766	829
Accrued Expenses	-	3,522	3,594	3,229	3,094	3,061
Short-Term Debt	596	87	134	49	45	56
Current Portion of Long-Term Debt	-	433	3	300	249	116
Current Portion of Leases	198	205	178	152	178	196
Current Income Taxes Payable	-	61	46	58	52	164
Other Current Liabilities	-	54	81	59	78	52
Total Current Liabilities	4,915	5,194	5,198	4,726	4,462	4,474
Long-Term Debt	2,607	2,684	3,161	2,786	1,590	1,606
Long-Term Leases	321	344	310	229	251	265
Long-Term Deferred Tax Liabilities	-	209	283	36	48	44
Other Long-Term Liabilities	668	302	303	183	118	137
Total Liabilities	8,511	8,829	9,363	8,065	6,574	6,623
Common Stock	11	11	11	11	10	10
Additional Paid-In Capital	547	557	669	814	582	580
Retained Earnings	3,196	3,398	3,412	3,361	3,139	3,629
Treasury Stock	-36	-39	-58	-159	-89	-66
Comprehensive Income & Other	-368	-332	-153	-237	-433	-213
Total Common Equity	3,350	3,595	3,881	3,790	3,209	3,940
Minority Interest	6	6	12	10	9	8
Shareholders' Equity	3,356	3,601	3,893	3,800	3,218	3,948
Total Liabilities & Equity	11,867	12,430	13,256	11,865	9,792	10,571
Total Debt	3,722	3,753	3,786	3,516	2,313	2,239
Net Cash (Debt)	-3,444	-3,197	-3,004	-464	-823	-888
Net Cash Per Share	-20.45	-19.03	-17.98	-2.85	-5.08	-5.46
Filing Date Shares Outstanding	167.77	167.56	167.12	165.08	161.14	162.08
Total Common Shares Outstanding	167.77	167.56	167.12	165.08	161.14	162.08
Working Capital	39	294	926	2,997	1,292	1,469
Book Value Per Share	19.97	21.46	23.22	22.96	19.91	24.31
Tangible Book Value	-1,602	-1,733	-1,589	905	458	584
Tangible Book Value Per Share	-9.55	-10.34	-9.51	5.48	2.84	3.60
Land	-	101	172	3	3	3
Machinery	-	266	259	223	268	309
Leasehold Improvements	-	249	205	198	205	216

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