Volvo Car AB financials

Volvo Car AB

Country: SE Reporting currency: SEK Latest annual report: 2024-12-31

LEI: 5299000EAMGGBEYP7J33

Financial statements (SEK, as reported — unscaled; 109 line items across 2 annual periods)

Line item	2024	2023
Income statement
Revenue	SEK 400.23B	SEK 399.34B
Cost of sales	SEK 320.82B	SEK 321.92B
Gross profit	SEK 79.41B	SEK 77.43B
Administrative expenses	SEK 12.04B	SEK 12.54B
Operating profit (EBIT)	SEK 22.32B	SEK 19.94B
Profit before tax	SEK 22.72B	SEK 20.86B
Income tax expense	SEK 6.79B	SEK 6.79B
Profit for the year	SEK 15.93B	SEK 14.07B
— attributable to owners	SEK 15.40B	SEK 13.05B
— attributable to NCI	SEK 533.0M	SEK 1.01B
Total comprehensive income	SEK 12.12B	SEK 13.11B
Per share
Basic EPS	SEK 5.17	SEK 4.38
Diluted EPS	SEK 5.17	SEK 4.38
Free cash flow / share	SEK 7.17	SEK 7.59
Cash flow statement
Net cash from operating activities	SEK 47.37B	SEK 42.87B
Income taxes paid	SEK 4.45B	SEK 4.49B
Net cash from investing activities	-SEK 46.24B	-SEK 51.84B
Purchase of PP&E (capex)	SEK 25.26B	SEK 18.48B
Purchase of intangibles	SEK 19.77B	SEK 20.68B
Net cash from financing activities	SEK 5.92B	-SEK 5.25B
Dividends paid	SEK 90.0M	—
Proceeds from borrowings	SEK 199.0M	SEK 3.97B
Repayments of borrowings	SEK 862.0M	SEK 673.0M
Net change in cash	SEK 7.04B	-SEK 14.23B
Balance sheet
Total assets	SEK 388.24B	SEK 356.36B
Non-current assets	SEK 229.62B	SEK 199.41B
Intangible assets & goodwill	SEK 83.78B	SEK 72.10B
Current assets	SEK 158.61B	SEK 156.96B
Inventories	SEK 62.45B	SEK 57.06B
Trade & other receivables	SEK 22.78B	SEK 19.28B
Cash & equivalents	SEK 56.37B	SEK 47.86B
Total equity	SEK 142.20B	SEK 130.49B
— attributable to owners	SEK 137.46B	SEK 126.37B
Non-controlling interests	SEK 4.74B	SEK 4.11B
Non-current liabilities	SEK 76.45B	SEK 64.88B
Current liabilities	SEK 169.58B	SEK 161.00B
Deferred tax liabilities	SEK 11.08B	SEK 8.29B
Derived metrics
Free cash flow	SEK 22.11B	SEK 24.38B
Operating margin	5.6%	5.0%
Net margin	4.0%	3.5%
Return on equity	11.2%	10.8%
Cash conversion ratio	2.97×	3.05×
Capex coverage	1.88×	2.32×
Other reported items
Adjustments For Decrease Increase In Inventories	-SEK 2.76B	-SEK 11.34B
Adjustments For Decrease Increase In Trade Account Receivable	-SEK 1.39B	SEK 4.75B
Adjustments For Depreciation and Amortisation Expense	SEK 22.73B	SEK 17.45B
Adjustments For Increase Decrease In Contract Liabilities	SEK 8.71B	SEK 8.71B
Adjustments For Increase Decrease In Trade Account Payable	-SEK 7.54B	-SEK 2.92B
Adjustments For Provisions	-SEK 1.91B	-SEK 1.91B
Cash Advances and Loans Made To Related Parties	SEK 75.0M	SEK 11.99B
Cash Flows From Used In Operations Before Changes In Working Capital	SEK 43.30B	SEK 40.04B
Comprehensive Income Attributable To Noncontrolling Interests	SEK 832.0M	SEK 764.0M
Comprehensive Income Attributable To Owners of Parent	SEK 11.29B	SEK 12.34B
Current Bonds Issued and Current Portion of Noncurrent Bonds Issued	SEK 5.72B	SEK 6.66B
Current Contract Liabilities	SEK 35.00B	SEK 30.82B
Current Derivative Financial Assets	SEK 485.0M	SEK 1.99B
Current Derivative Financial Liabilities	SEK 2.89B	SEK 1.05B
Current Loans Received and Current Portion of Noncurrent Loans Received	SEK 1.06B	SEK 937.0M
Current Provisions	SEK 11.38B	SEK 13.12B
Current Tax Assets Current	SEK 1.85B	SEK 997.0M
Current Tax Liabilities Current	SEK 1.25B	SEK 1.61B
Deferred Tax Assets	SEK 10.98B	SEK 10.13B
Dividends Received Classified As Operating Activities	SEK 213.0M	SEK 88.0M
Effect of Exchange Rate Changes On Cash and Cash Equivalents	SEK 1.47B	-SEK 1.66B
Equity and Liabilities	SEK 388.24B	SEK 356.36B
Gains Losses On Cash Flow Hedges Before Tax	-SEK 5.38B	SEK 1.98B
Income Tax Relating To Components of Other Comprehensive Income	-SEK 1.23B	SEK 11.0M
Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss	-SEK 1.17B	SEK 435.0M
Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss	-SEK 55.0M	-SEK 424.0M
Increase Decrease In Working Capital	-SEK 4.07B	-SEK 2.83B
Increase Decrease Through Acquisition of Subsidiary	-SEK 210.0M	—
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control	—	SEK 0
Increase Decrease Through Sharebased Payment Transactions	SEK 17.0M	SEK 109.0M
Increase Decrease Through Transactions With Owners	-SEK 403.0M	SEK 100.0M
Interest Expense	SEK 1.16B	SEK 772.0M
Interest Paid Classified As Operating Activities	SEK 1.62B	SEK 1.71B
Interest Received Classified As Operating Activities	SEK 2.19B	SEK 2.50B
Investment Accounted For Using Equity Method	SEK 9.00B	SEK 14.14B
Longterm Miscellaneous Other Provisions	SEK 9.50B	SEK 7.58B
Noncurrent Contract Liabilities	SEK 10.76B	SEK 8.15B
Noncurrent Derivative Financial Assets	SEK 283.0M	SEK 2.09B
Noncurrent Derivative Financial Liabilities	SEK 1.25B	SEK 424.0M
Noncurrent Portion of Noncurrent Bonds Issued	SEK 18.83B	SEK 18.09B
Noncurrent Portion of Noncurrent Loans Received	SEK 3.88B	SEK 4.56B
Noncurrent Provisions For Employee Benefits	SEK 8.11B	SEK 7.61B
Other Adjustments For Noncash Items	SEK 2.75B	SEK 6.09B
Other Comprehensive Income	-SEK 3.82B	-SEK 959.0M
Other Comprehensive Income Before Tax Exchange Differences On Translation	SEK 965.0M	-SEK 1.24B
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans	-SEK 312.0M	-SEK 1.81B
Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations	-SEK 316.0M	SEK 131.0M
Other Current Assets	SEK 14.66B	SEK 19.85B
Other Finance Income Cost	-SEK 625.0M	-SEK 802.0M
Other Inflows Outflows of Cash Classified As Financing Activities	-SEK 368.0M	SEK 376.0M
Other Noncurrent Assets	SEK 4.26B	SEK 3.43B
Other Noncurrent Financial Assets	SEK 12.75B	SEK 12.07B
Other Noncurrent Receivables	SEK 1.44B	SEK 1.33B
Other Operating Income Expense	SEK 2.06B	-SEK 381.0M
Payments To Acquire Or Redeem Entitys Shares	SEK 190.0M	SEK 0
Proceeds From Issue of Bonds Notes and Debentures	SEK 5.86B	SEK 1.50B
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities	SEK 981.0M	SEK 642.0M
Purchase of Treasury Shares	SEK 190.0M	—
Repayments of Bonds Notes and Debentures	SEK 6.94B	SEK 2.00B
Research and Development Expense	SEK 16.98B	SEK 12.88B
Revenue From Interest	SEK 2.19B	SEK 2.50B
Sale Or Issue of Treasury Shares	SEK 67.0M	—
Selling Expense	SEK 25.41B	SEK 26.06B
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method	-SEK 4.72B	-SEK 5.63B
Shortterm Deposits Not Classified As Cash Equivalents	SEK 0	SEK 9.92B
Trade and Other Current Payables To Trade Suppliers	SEK 56.48B	SEK 62.30B

Methodology

Every line item above is a fact tagged in Volvo Car AB's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (SEK), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.