Below are the financial statements of Magna International, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 1.25a | 1.2a |
| Accounts receivable | 7.38a | 7.88a |
| Inventories | 4.15a | 4.61a |
| Prepaid expenses and other | 0.34a | 0.35a |
| Investments | 1.05a | 1.27a |
| Fixed assets, net | 9.58a | 9.62a |
| Operating lease right-of-use assets | 1.94a | 1.74a |
| Intangible assets, net | 0.74a | 0.88a |
| Goodwill | 2.67a | 2.77a |
| Other assets | 1.12a | 1.32a |
| Deferred tax assets | 0.82a | 0.62a |
| Liabilities and shareholders’ equity | — | — |
| Current liabilities | — | — |
| Short-term borrowing | 0.27a | 0.51a |
| Accounts payable | 7.19a | 7.84a |
| Other accrued liabilities | 2.57a | 2.63a |
| Accrued salaries and wages | 0.87a | 0.91a |
| Income taxes payable | 0.19a | 0.13a |
| Long-term debt due within one year | 0.71a | 0.82a |
| Current portion of operating lease liabilities | 0.29a | 0.4a |
| Long-term debt | 4.13a | 4.18a |
| Operating lease liabilities | 1.66a | 1.32a |
| Long-term employee benefit liabilities | 0.53a | 0.59a |
| Other long-term liabilities | 0.4a | 0.48a |
| Deferred tax liabilities | 0.28a | 0.18a |
| Shareholders’ equity | — | — |
| Common shares | 3.36a | 3.35a |
| Contributed surplus | 0.15a | 0.13a |
| Retained earnings | 9.6a | 9.3a |
| Accumulated other comprehensive loss | -1.58a | -0.9a |
| Non-controlling interests | 0.42a | 0.39a |
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