Veoneer, Inc. (VNE) financial statements (2021 and earlier)

Company profile

Business Address 26545 AMERICAN DRIVE
State of Incorp.
Fiscal Year End December 31
SIC 3714 - Motor Vehicle Parts and Accessories (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments859869
Cash and cash equivalents859864
Short-term investments 5
Inventory, net of allowances, customer advances and progress billings144172
Assets held-for-sale, not part of disposal group317 
Other current assets1822
Other undisclosed current assets58104
Total current assets:1,6491,543
Noncurrent Assets
Property, plant and equipment473499
Long-term investments and receivables969
Long-term investments968
Due from related parties 1
Intangible assets, net (including goodwill)307393
Intangible assets, net (excluding goodwill)17102
Contract with customer, asset, net81 
Other noncurrent assets11177
Other undisclosed noncurrent assets26111
Total noncurrent assets:1,0941,089
TOTAL ASSETS:2,7432,632
Current Liabilities
Accounts payable and accrued liabilities432571
Accounts payable233369
Accrued liabilities192193
Taxes payable79
Due to related parties11
Other liabilities3847
Other undisclosed current liabilities11717
Total current liabilities:591636
Noncurrent Liabilities
Long-term debt and lease obligation160 
Long-term debt, excluding current maturities160 
Liabilities, other than long-term debt4658
Liability, pension and other postretirement and postemployment benefits1720
Due to related parties 13
Other liabilities2925
Other undisclosed noncurrent liabilities12812
Total noncurrent liabilities:33470
Other undisclosed liabilities (1)
Total liabilities:925705
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7291,826
Common stock11187
Additional paid in capital2,3431,938
Accumulated other comprehensive loss(44)(19)
Accumulated deficit(681)(181)
Other undisclosed stockholders' equity attributable to parent 1
Stockholders' equity attributable to noncontrolling interest89101
Total stockholders' equity:1,8181,927

Income statement (P&L) ($ in millions)

Cost of revenue
(Cost of Goods and Services Sold)
Gross profit:311430
Operating expenses(209)(179)
Other operating income, net 18
Other undisclosed operating loss(562)(466)
Operating loss:(460)(197)
Nonoperating income217
Investment income, nonoperating207
Interest and debt expense(12)(1)
Loss from continuing operations before equity method investments, income taxes:(451)(191)
Loss from equity method investments(70)(63)
Other undisclosed income from continuing operations before income taxes 1
Loss from continuing operations before income taxes:(521)(253)
Income tax expense(1)(42)
Loss before gain (loss) on sale of properties:(522)(295)
Other undisclosed net income 1
Net loss:(522)(294)
Net income attributable to noncontrolling interest2219
Other undisclosed net loss attributable to parent (1)
Net loss available to common stockholders, diluted:(500)(276)

Comprehensive Income ($ in millions)

Net loss:(522)(294)
Other comprehensive loss(25)(10)
Comprehensive loss:(547)(304)
Comprehensive income, net of tax, attributable to noncontrolling interest2219
Comprehensive loss, net of tax, attributable to parent:(525)(285)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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