Below are the financial statements of Sandvik, 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 SEK | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Intangible assets | 70.32a | 64.5a |
| Property, plant and equipment | 24.68a | 22.23a |
| Right-of use assets | 5.88a | 5.38a |
| Shares in associates and joint ventures | 0.13a | 0.46a |
| Financial assets | 0.52a | 0.95a |
| Deferred tax assets | 4.12a | 3.46a |
| Non-current receivables | 5.24a | 5.11a |
| Total non-current assets | 110.88a | 102.09a |
| Current assets | — | — |
| Inventories | 34.83a | 34.3a |
| Trade receivables | 19.84a | 18.48a |
| Income tax receivables | 3.63a | 3.07a |
| Other receivables | 8.53a | 9.95a |
| Prepaid expenses and accrued income | 1.76a | 1.81a |
| Cash and cash equivalents | 4.53a | 4.36a |
| Assets held for sale | 0.4a | 0.15a |
| Total current assets | 73.5a | 72.12a |
| Total assets | 184.38a | 174.21a |
| Equity and liabilities | — | — |
| Equity | — | — |
| Share capital | 1.51a | 1.51a |
| Other paid-in capital | 7.68a | 7.68a |
| Reserves | 15.96a | 11.42a |
| Retained earnings incl. profit (loss) for the period | 71.78a | 67.03a |
| Equity attributable to owners of the parent company | 96.92a | 87.63a |
| Non-controlling interest | 0.08a | 0.07a |
| Total equity | 97a | 87.7a |
| Non-current liabilities | — | — |
| Provision for pensions | 4.38a | 4.09a |
| Interest-bearing liabilities | 36.49a | 32.84a |
| Deferred tax liabilities | 3.55a | 3.59a |
| Other provisions | 1.2a | 0.89a |
| Other liabilities | 0.74a | 1.23a |
| Total non-current liabilities | 46.36a | 42.64a |
| Current liabilities | — | — |
| Interest-bearing liabilities | 6.27a | 12.24a |
| Accounts payable | 10.08a | 9.49a |
| Income tax liabilities | 3.03a | 3.02a |
| Other liabilities | 11.08a | 8.64a |
| Other provisions | 2.55a | 2.43a |
| Accrued expenses | 7.98a | 8.02a |
| Liabilities directly attributed to assets held for sale | 0.04a | 0.04a |
| Total current liabilities | 41.03a | 43.88a |
| Total liabilities | 87.39a | 86.51a |
| Total equity and liabilities | 184.38a | 174.21a |
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