Balance Sheet Fresenius SE & Co. KGaA

Equities

FRE

DE0005785604

Healthcare Facilities & Services

Real-time Estimate Tradegate Other stock markets 05:38:24 2024-09-16 am EDT			5-day change	1st Jan Change
33.86 ^EUR	-1.90%		+0.74%	+20.70%

Sep. 13	A central bank and it's off again?
Sep. 13	JPMorgan Upgrades Fresenius to Overweight, Lifts PT	MT

ea70.IzkBwXVcHzoHPkswaW8BbxT16278h5lnPtlEZC95aLY.cQBIsgUFLFQqdS5vOwljLlfH3znP1_sJRo8IAkk0IvtIb2uuPDNQDmNZKA

Published financial data: FRESENIUS SE & CO. KGAA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	35.41B	36.28B	37.52B	40.84B	22.3B
Total Revenues	35.41B	36.28B	37.52B	40.84B	22.3B
Cost of Goods Sold, Total	25.06B	26.19B	27.26B	30.12B	17.24B
Gross Profit	10.35B	10.09B	10.26B	10.72B	5.06B
Selling General & Admin Expenses, Total	5.41B	5.24B	5.45B	6.74B	3.16B
R&D Expenses	660M	758M	784M	842M	608M
Other Operating Expenses	-249M	-151M	86M	-231M	115M
Other Operating Expenses, Total	5.82B	5.84B	6.32B	7.36B	3.88B
Operating Income	4.53B	4.24B	3.94B	3.37B	1.18B
Interest Expense, Total	-881M	-752M	-630M	-694M	-534M
Interest And Investment Income	162M	93M	124M	187M	118M
Net Interest Expenses	-719M	-659M	-506M	-507M	-416M
Income (Loss) On Equity Invest.	-	94M	93M	68M	-12M
Currency Exchange Gains (Loss)	-18M	-72M	87M	-28M	16M
EBT, Excl. Unusual Items	3.79B	3.61B	3.61B	2.9B	768M
Impairment of Goodwill	-	-195M	-	-	-
Gain (Loss) On Sale Of Investments	74M	46M	-56M	-91M	-
Gain (Loss) On Sale Of Assets	29M	31M	-	-	-
Asset Writedown	15M	7M	-21M	-25M	-53M
Other Unusual Items	-	229M	116M	27M	-
EBT, Incl. Unusual Items	3.91B	3.73B	3.65B	2.81B	715M
Income Tax Expense	883M	903M	833M	697M	477M
Earnings From Continuing Operations	3.03B	2.82B	2.82B	2.12B	238M
Earnings Of Discontinued Operations	-	-	-	-	-947M
Net Income to Company	3.03B	2.82B	2.82B	2.12B	-709M
Minority Interest	-1.15B	-1.12B	-1B	-745M	115M
Net Income - (IS)	1.88B	1.71B	1.82B	1.37B	-594M
Net Income to Common Incl Extra Items	1.88B	1.71B	1.82B	1.37B	-594M
Net Income to Common Excl. Extra Items	1.88B	1.71B	1.82B	1.37B	353M
Per Share Items
Net EPS - Basic	3.38	3.06	3.26	2.44	-1.05
Basic EPS - Continuing Operations	3.38	3.06	3.26	2.44	0.63
Basic Weighted Average Shares Outstanding	557M	557M	558M	561M	563M
Net EPS - Diluted	3.38	3.06	3.26	2.44	-1.05
Diluted EPS - Continuing Operations	3.38	3.06	3.26	2.44	0.63
Diluted Weighted Average Shares Outstanding	557M	558M	558M	561M	563M
Normalized Basic EPS	2.2	2.04	2.25	1.91	1.06
Normalized Diluted EPS	2.2	2.04	2.25	1.91	1.06
Dividend Per Share	0.84	0.88	0.92	0.92	-
Payout Ratio	23.63	27.42	27.01	64.87	-92.59
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	5.98B	5.94B	5.51B	5.07B	1.79B
EBITA	4.75B	4.66B	4.15B	3.62B	1.39B
EBIT	4.53B	4.24B	3.94B	3.37B	1.18B
EBITDAR	6.12B	6.07B	5.64B	5.22B	1.87B
Effective Tax Rate - (Ratio)	22.57	24.24	22.81	24.77	66.71
Current Domestic Taxes	32M	137M	78M	78M	111M
Current Foreign Taxes	782M	723M	671M	744M	381M
Total Current Taxes	814M	860M	749M	822M	492M
Deferred Domestic Taxes	76M	-12M	19M	69M	59M
Deferred Foreign Taxes	-7M	55M	65M	-194M	-74M
Total Deferred Taxes	69M	43M	84M	-125M	-15M
Normalized Net Income	1.23B	1.14B	1.26B	1.07B	595M
Interest on Long-Term Debt	217M	205M	188M	202M	61M
Non-Cash Pension Expense	31M	22M	23M	25M	25M
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.02B	1.06B	1.06B	1.22B	750M
General and Administrative Expenses	4.39B	4.18B	4.39B	5.52B	2.4B
Research And Development Expense From Footnotes	645M	751M	805M	867M	661M
Net Rental Expense, Total	136M	135M	132M	154M	76M
Imputed Operating Lease Interest Expense	41.46M	30.55M	25.07M	31.14M	14.9M
Imputed Operating Lease Depreciation	94.54M	104M	107M	123M	61.1M
Stock-Based Comp., Other (Total)	9.85M	-4.11M	28M	-5M	18M
Total Stock-Based Compensation	9.85M	-4.11M	28M	-5M	18M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.65B	1.84B	2.76B	2.75B	2.56B
Short Term Investments	168M	200M	184M	196M	9M
Total Cash And Short Term Investments	1.82B	2.04B	2.95B	2.94B	2.57B
Accounts Receivable, Total	7.98B	7.52B	7.68B	7.61B	4.03B
Other Receivables	961M	1.12B	1.59B	1.49B	1.98B
Notes Receivable	31M	51M	42M	49M	18M
Total Receivables	8.97B	8.7B	9.31B	9.15B	6.03B
Inventory	3.63B	3.94B	4.22B	4.83B	2.52B
Prepaid Expenses	104M	107M	132M	161M	68M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	733M	988M	855M	1.19B	1.34B
Total Current Assets	15.26B	15.77B	17.46B	18.28B	12.52B
Gross Property Plant And Equipment	27.57B	27.48B	29.72B	34.64B	17.58B
Accumulated Depreciation	-10.3B	-9.88B	-11.14B	-15.8B	-6.8B
Net Property Plant And Equipment	17.27B	17.6B	18.58B	18.84B	10.78B
Long-term Investments	1.3B	1.4B	1.41B	1.29B	3.56B
Goodwill	27.74B	26.6B	28.94B	31.44B	15.09B
Other Intangibles, Total	3.2B	3.06B	3.12B	3.33B	1.68B
Accounts Receivable Long-Term	112M	109M	131M	129M	-
Loans Receivable Long-Term	72M	76M	76M	56M	23M
Deferred Tax Assets Long-Term	839M	812M	858M	831M	360M
Deferred Charges Long-Term	665M	681M	708M	1.07B	847M
Other Long-Term Assets, Total	543M	542M	669M	1.14B	423M
Total Assets	67.01B	66.65B	71.96B	76.42B	45.28B
Liabilities
Accounts Payable, Total	1.95B	1.88B	2.13B	2.16B	1.49B
Accrued Expenses, Total	2.55B	2.78B	3.05B	3.02B	1.78B
Short-term Borrowings	2.48B	250M	2.85B	867M	569M
Current Portion of Long-Term Debt	2.24B	2.65B	1.09B	1.32B	1.81B
Current Portion of Leases	793M	766M	832M	851M	206M
Current Income Taxes Payable	232M	230M	244M	216M	111M
Unearned Revenue Current, Total	92M	733M	646M	259M	272M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	3.55B	3.92B	4.22B	4.97B	3.1B
Total Current Liabilities	13.88B	13.22B	15.06B	13.66B	9.33B
Long-Term Debt	16.1B	16.82B	16.62B	18.99B	11.46B
Long-Term Leases	5.65B	5.42B	5.76B	5.74B	1.79B
Unearned Revenue Non Current	-	-	58M	47M	40M
Pension & Other Post Retirement Benefits	1.52B	1.58B	1.68B	1.1B	666M
Deferred Tax Liability Non Current	1.42B	1.39B	1.52B	1.67B	531M
Other Non Current Liabilities	1.85B	2.19B	1.98B	3B	1.82B
Total Liabilities	40.43B	40.62B	42.67B	44.2B	25.63B
Common Stock, Total	557M	557M	558M	563M	563M
Additional Paid In Capital	3.99B	3.99B	4.03B	4.32B	4.33B
Retained Earnings	12.42B	13.54B	14.86B	15.12B	14.09B
Comprehensive Income and Other	-190M	-1.14B	-446M	407M	18M
Total Common Equity	16.78B	16.95B	19B	20.42B	19B
Minority Interest	9.8B	9.07B	10.29B	11.8B	652M
Total Equity	26.58B	26.02B	29.29B	32.22B	19.65B
Total Liabilities And Equity	67.01B	66.65B	71.96B	76.42B	45.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	557M	558M	559M	563M	563M
ECS Total Common Shares Outstanding	557M	558M	559M	563M	563M
Book Value / Share	30.1	30.4	34.02	36.25	33.73
Tangible Book Value	-14.16B	-12.7B	-13.07B	-14.36B	2.23B
Tangible Book Value Per Share	-25.41	-22.79	-23.4	-25.49	3.95
Total Debt	27.26B	25.91B	27.16B	27.76B	15.83B
Net Debt	25.44B	23.88B	24.21B	24.82B	13.26B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.51B	1.56B	1.66B	1.08B	683M
Debt Equivalent Oper. Leases	1.09B	1.08B	1.06B	1.23B	608M
Minority Interest, Total (Incl. Fin. Div)	9.8B	9.07B	10.29B	11.8B	652M
Equity Method Investments, Total	697M	764M	804M	793M	3.52B
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	835M	913M	971M	1.2B	898M
Inventories - Work In Process, Total	370M	363M	440M	467M	279M
Inventories - Finished Goods, Total	2.56B	2.8B	2.96B	3.31B	1.47B
Land - (BS)	848M	879M	905M	891M	804M
Buildings, Total	8.34B	8.73B	9.62B	10.23B	6.31B
Machinery, Total	9.59B	10.06B	11.02B	11.7B	5.89B
Full Time Employees	294K	311K	316K	317K	194K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	351M	401M	449M	472M	348M
Order Backlog	2.86B	3.06B	3.47B	3.69B	1.96B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.88B	1.71B	1.82B	1.37B	-594M
Depreciation & Amortization - CF	2.12B	2.16B	2.25B	2.44B	996M
Amortization of Goodwill and Intangible Assets - (CF)	221M	412M	211M	245M	208M
Depreciation & Amortization, Total	2.35B	2.57B	2.46B	2.68B	1.2B
Amortization of Deferred Charges, Total - (CF)	106M	142M	203M	291M	250M
(Gain) Loss From Sale Of Asset	-37M	-60M	42M	-116M	-19M
(Gain) Loss on Sale of Investments - (CF)	-70M	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	24M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	12M
Net Cash From Discontinued Operations	-	-	-	-	2.32B
Other Operating Activities, Total	1.22B	1.16B	1.08B	630M	815M
Change In Accounts Receivable	-593M	-13M	77M	81M	-258M
Change In Inventories	-315M	-527M	-105M	-472M	-170M
Change In Accounts Payable	67M	1.82B	-154M	140M	986M
Change In Income Taxes	27M	1M	-32M	-50M	105M
Change in Other Net Operating Assets	-368M	-252M	-320M	-360M	-224M
Cash from Operations	4.26B	6.55B	5.08B	4.2B	4.46B
Capital Expenditure	-2.46B	-2.41B	-2.05B	-1.92B	-1.13B
Sale of Property, Plant, and Equipment	26M	40M	30M	140M	27M
Cash Acquisitions	-2.41B	-579M	-761M	-801M	-234M
Divestitures	-	-	-	-	-1.3B
Sale (Purchase) of Intangible assets	-38M	-33M	-32M	-47M	-
Investment in Marketable and Equity Securities, Total	26M	-33M	-7M	18M	1M
Other Investing Activities, Total	-	-	-	-	-544M
Cash from Investing	-4.86B	-3.01B	-2.82B	-2.61B	-3.19B
Short Term Debt Issued, Total	1.03B	282M	3.28B	698M	433M
Long-Term Debt Issued, Total	5.57B	4.64B	3.17B	3.7B	2.13B
Total Debt Issued	6.6B	4.92B	6.45B	4.4B	2.56B
Short Term Debt Repaid, Total	-936M	-2.53B	-688M	-2.66B	-75M
Long-Term Debt Repaid, Total	-4.64B	-4.09B	-6.16B	-2.52B	-1.72B
Total Debt Repaid	-5.58B	-6.62B	-6.85B	-5.18B	-1.8B
Issuance of Common Stock	49M	18M	38M	20M	-
Common Dividends Paid	-445M	-468M	-491M	-890M	-550M
Common & Preferred Stock Dividends Paid	-445M	-468M	-491M	-890M	-550M
Other Financing Activities, Total	-1.11B	-972M	-601M	45M	-1.59B
Cash from Financing	-484M	-3.12B	-1.45B	-1.6B	-1.38B
Foreign Exchange Rate Adjustments	22M	-238M	118M	-2M	-43M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-36M
Net Change in Cash	-1.06B	183M	927M	-15M	-187M
Supplemental Items
Cash Interest Paid	733M	627M	517M	610M	403M
Cash Income Tax Paid (Refund)	773M	765M	750M	850M	356M
Levered Free Cash Flow	799M	3.28B	2.75B	2.19B	2.25B
Unlevered Free Cash Flow	1.35B	3.75B	3.15B	2.62B	2.59B
Change In Net Working Capital	1.45B	-825M	-69M	489M	-1.51B
Net Debt Issued / Repaid	1.02B	-1.7B	-398M	-779M	762M