Litgrid AB (VSE: LGD1L)

Litgrid AB 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	0.3	0.63	0.5	1.82	0.03	0.03
Short-Term Investments	-	-	-	-	-	0.75
Accounts Receivable	33.92	26.91	63.64	60.66	32.02	21.23
Other Receivables	63.72	34.87	0.89	9.97	3.28	0.11
Inventory	0.02	0.04	0	0.01	0.03	0.04
Prepaid Expenses	2.99	1.88	1.62	1.13	0.99	0.53
Loans Receivable Current	222.31	167.08	232.01	43.59	1	1.2
Other Current Assets	6.66	33.38	35.96	5.36	1.62	1.62
Total Current Assets	329.92	264.8	334.62	122.54	38.97	25.51
Property, Plant & Equipment	441.75	400.51	367.31	342.56	336.5	326.21
Other Intangible Assets	4.2	4.94	5.48	4.95	6.25	4.86
Long-Term Investments	0.05	0.05	0.05	0.78	1.09	1.98
Long-Term Loans Receivable	-	-	-	-	-	1
Long-Term Deferred Tax Assets	3.2	7.12	11.09	18.99	13.51	8.46
Long-Term Accounts Receivable	-	-	-	-	18.04	8.19
Total Assets	779.1	677.42	718.55	489.83	414.35	376.2
Accounts Payable	24.89	26.68	53.74	42.28	13.12	11.84
Accrued Expenses	9.32	7.43	14.35	15.69	5.66	4.71
Short-Term Debt	0.11	0.04	-	-	-	-
Current Portion of Long-Term Debt	6.14	6.14	6.14	14.23	14.23	14.23
Current Unearned Revenue	57.39	65.47	322.31	30.54	11.65	6.79
Current Portion of Leases	0.46	0.46	0.4	0.18	0.27	0.27
Current Income Taxes Payable	-	-	-	3.16	5.94	0.43
Other Current Liabilities	52	32.46	15.62	15.49	15.26	16.72
Total Current Liabilities	150.31	138.67	412.55	121.56	66.12	54.97
Long-Term Debt	25.07	28.14	34.29	51.45	65.68	79.9
Long-Term Leases	4.71	5.04	5.3	4.41	4.59	4.77
Long-Term Unearned Revenue	347.1	264.46	97.05	90.11	57.34	40.16
Other Long-Term Liabilities	10.82	2.42	2.38	0.78	2.6	0.82
Total Liabilities	538.01	438.73	551.57	268.32	196.32	180.63
Common Stock	146.26	146.26	146.26	146.26	146.26	146.26
Additional Paid-In Capital	8.58	8.58	8.58	8.58	8.58	8.58
Retained Earnings	64.75	60.53	12.15	66.67	40.06	17.59
Comprehensive Income & Other	21.51	23.32	-	-	23.14	23.15
Total Common Equity	241.1	238.69	166.98	221.51	218.04	195.57
Shareholders' Equity	241.1	238.69	166.98	221.51	218.04	195.57
Total Liabilities & Equity	779.1	677.42	718.55	489.83	414.35	376.2
Total Debt	36.5	39.82	46.13	70.27	84.76	99.17
Net Cash (Debt)	-36.19	-39.19	-45.63	-68.45	-84.73	-98.39
Net Cash Per Share	-0.07	-0.08	-0.09	-0.14	-0.17	-0.20
Filing Date Shares Outstanding	505.71	504.33	504.33	504.33	504.33	504.33
Total Common Shares Outstanding	505.71	504.33	504.33	504.33	504.33	504.33
Working Capital	179.61	126.12	-77.93	0.98	-27.15	-29.47
Book Value Per Share	0.48	0.47	0.33	0.44	0.43	0.39
Tangible Book Value	236.9	233.75	161.5	216.56	211.79	190.71
Tangible Book Value Per Share	0.47	0.46	0.32	0.43	0.42	0.38
Land	-	-	0.52	0.52	0.91	0.52
Buildings	-	-	359.77	353.69	330.91	314
Construction In Progress	-	-	60.35	25.31	24.01	14.72

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