Cushman & Wakefield plc (CWK)

Cushman & Wakefield Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	793.3	767.7	644.5	770.7	1,075
Cash & Short-Term Investments	793.3	767.7	644.5	770.7	1,075
Cash Growth	3.33%	19.12%	-16.37%	-28.29%	32.17%
Accounts Receivable	1,654	1,779	1,821	1,765	1,549
Other Receivables	62.1	117	106.2	72.5	77.9
Receivables	1,716	1,896	1,927	1,837	1,627
Prepaid Expenses	181.2	105	118.2	101.7	97
Restricted Cash	-	33.5	74.5	119.6	89.3
Other Current Assets	-	1	2.8	0.9	2.5
Total Current Assets	2,690	2,803	2,767	2,830	2,891
Property, Plant & Equipment	426.1	502.8	530.6	608.1	674.1
Long-Term Investments	723.6	832	824	848.4	150.3
Goodwill	1,998	2,081	2,066	2,082	2,098
Other Intangible Assets	690.1	805.9	874.5	922.2	991.2
Long-Term Accounts Receivable	-	298.5	475.3	70.2	38.2
Long-Term Deferred Tax Assets	93.1	67.4	58.6	65.5	61.4
Other Long-Term Assets	927.6	383.3	354	463.8	434
Total Assets	7,549	7,774	7,949	7,890	7,338
Accounts Payable	1,111	1,087	1,130	1,043	1,012
Accrued Expenses	900.4	857.7	922.2	980.6	728.8
Short-Term Debt	103.2	6	5.6	4.9	3
Current Portion of Long-Term Debt	-	120	26.9	26.5	26.7
Current Portion of Leases	-	135	124.9	118.2	124.5
Current Income Taxes Payable	19.8	20.8	33.1	105.1	45.1
Current Unearned Revenue	-	57	68.7	62.8	42.8
Other Current Liabilities	196	113.8	78.7	93	83
Total Current Liabilities	2,330	2,397	2,390	2,435	2,066
Long-Term Debt	2,940	3,081	3,200	3,292	3,391
Long-Term Leases	270.3	341.8	356.9	406.8	414.6
Long-Term Deferred Tax Liabilities	12.6	13.7	57.2	48.7	102.2
Other Long-Term Liabilities	241.4	261.9	282.6	259.5	269.4
Total Liabilities	5,794	6,096	6,287	6,442	6,242
Common Stock	23	22.7	22.6	22.4	22.2
Additional Paid-In Capital	2,986	2,957	2,912	2,897	2,843
Retained Earnings	-985.9	-1,117	-1,082	-1,278	-1,528
Comprehensive Income & Other	-268.6	-185.4	-191	-193	-242.7
Total Common Equity	1,755	1,677	1,661	1,448	1,095
Minority Interest	0.5	0.6	0.8	0.8	0.9
Shareholders' Equity	1,755	1,678	1,662	1,449	1,096
Total Liabilities & Equity	7,549	7,774	7,949	7,890	7,338
Total Debt	3,313	3,684	3,714	3,849	3,959
Net Cash (Debt)	-2,520	-2,917	-3,070	-3,078	-2,885
Net Cash Per Share	-10.82	-12.85	-13.46	-13.59	-13.06
Filing Date Shares Outstanding	229.7	227.33	225.8	224.55	222.18
Total Common Shares Outstanding	229.7	227.28	225.78	223.71	222
Working Capital	360.5	406	376.4	395.8	825.2
Book Value Per Share	7.64	7.38	7.36	6.47	4.93
Tangible Book Value	-933.5	-1,209	-1,279	-1,556	-1,995
Tangible Book Value Per Share	-4.06	-5.32	-5.66	-6.96	-8.98
Machinery	-	121	118.7	107.5	121.9
Construction In Progress	-	12.7	11.9	13.1	11.1
Leasehold Improvements	-	256	243.7	225.1	229.4

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