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 | 2023 |
|---|---|---|
| Sales | 42.84a | 42.8a |
| Costs and expenses | — | — |
| Cost of goods sold | -37.04a | -37.19a |
| Selling, general and administrative | -2.06a | -2.05a |
| Depreciation | -1.51a | -1.44a |
| Amortization of acquired intangible assets | -0.11a | -0.09a |
| Interest expense, net | -0.21a | -0.16a |
| Equity income | -0.1a | -0.11a |
| Other expense, net | 0.46a | 0.39a |
| Income from operations before income taxes | 1.54a | 1.61a |
| Income taxes | -0.45a | -0.32a |
| Net income | 1.1a | 1.29a |
| Income attributable to non-controlling interests | -0.09a | -0.07a |
| Net income attributable to Magna International Inc. | 1.01a | 1.21a |
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