Below are the financial statements of UPM-Kymmene, 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 millions of EUR | 2024 as of Not Specified | 2023 as of Not Specified |
|---|---|---|
| Assets | — | — |
| Goodwill | 174a | 283a |
| Other intangible assets | 580a | 715a |
| Property, plant and equipment | 7,085a | 7,053a |
| Leased assets | 847a | 683a |
| Forest assets | 2,517a | 2,355a |
| Energy shareholdings | 2,247a | 2,283a |
| Other non-current financial assets | 44a | 60a |
| Deferred tax assets | 526a | 431a |
| Net retirement benefit assets | 1a | 1a |
| Investments in associates and joint ventures | 20a | 23a |
| Other non-current assets | 21a | 26a |
| Non-current assets | 14,062a | 13,913a |
| Inventories | 2,104a | 1,948a |
| Trade and other receivables | 1,929a | 1,782a |
| Other current financial assets | 69a | 64a |
| Income tax receivables | 40a | 27a |
| Cash and cash equivalents | 892a | 632a |
| Current assets | 5,034a | 4,454a |
| Assets classified as held for sale | 0a | 106a |
| Assets | 19,096a | 18,473a |
| Equity and liabilities | — | — |
| Share capital | 890a | 890a |
| Treasury shares | -2a | -2a |
| Translation reserve | 657a | 347a |
| Other reserves | 1,678a | 1,655a |
| Reserve for invested non-restricted equity | 1,273a | 1,273a |
| Retained earnings | 6,644a | 6,998a |
| Equity attributable to owners of the parent company | 11,139a | 11,161a |
| Non-controlling interests | 401a | 370a |
| Equity | 11,540a | 11,531a |
| Deferred tax liabilities | 673a | 616a |
| Net retirement benefit liabilities | 496a | 502a |
| Provisions | 89a | 170a |
| Non-current debt | 3,747a | 3,056a |
| Other non-current financial liabilities | 158a | 157a |
| Non-current liabilities | 5,162a | 4,501a |
| Current debt | 166a | 327a |
| Trade and other payables | 1,938a | 1,883a |
| Provisions | 165a | 96a |
| Other current financial liabilities | 108a | 51a |
| Income tax payables | 18a | 28a |
| Current liabilities | 2,395a | 2,385a |
| Liabilities related to assets classified as held for sale | 0a | 56a |
| Liabilities | 7,556a | 6,942a |
| Equity and liabilities | 19,096a | 18,473a |
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