Koninklijke DSM N.V (DSM.AS) Financial Statements
Price: $114.05
Market Cap: $763.73M
Avg Volume: 343.13K
Market Cap: $763.73M
Avg Volume: 343.13K
Country: NL
Industry: Chemicals - Specialty
Sector: Basic Materials
Industry: Chemicals - Specialty
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Koninklijke DSM N.V.
Income Statement
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 | December 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.39B | $9.20B | $8.11B | $9.01B | $9.27B | $8.63B | $7.92B | $7.72B | $9.18B | $9.05B |
| Cost of Revenue | $5.70B | $6.04B | $5.33B | $5.96B | $5.86B | $5.70B | $5.26B | $5.27B | $6.78B | $6.57B |
| Gross Profit | $2.69B | $3.16B | $2.78B | $3.05B | $3.40B | $2.93B | $2.66B | $2.45B | $2.40B | $2.49B |
| Gross Profit Ratio | 32.06% | 34.40% | 34.25% | 33.88% | 36.74% | 33.98% | 33.56% | 31.74% | 26.17% | 27.47% |
| Research and Development Expenses | $295.00M | $323.00M | $398.00M | $349.00M | $348.00M | $334.00M | $309.00M | $330.00M | $322.00M | $351.00M |
| General and Administrative Expenses | $534.00M | $517.00M | $469.00M | $525.00M | $530.00M | $524.00M | $552.00M | $512.00M | $476.00M | $458.00M |
| Selling and Marketing Expenses | $1.24B | $1.27B | $1.15B | $1.26B | $1.30B | $1.22B | $1.13B | $1.06B | $1.02B | $987.00M |
| Selling General and Administrative Expenses | $1.77B | $1.79B | $1.62B | $1.79B | $1.83B | $1.75B | $1.68B | $1.57B | $1.49B | $1.45B |
| Other Expenses | $- | $29.00M | $84.00M | $20.00M | $7.00M | $- | $-21.00M | $- | $- | $- |
| Operating Expenses | $-2.01B | $2.14B | $2.10B | $2.16B | $2.19B | $2.13B | $2.02B | $1.88B | $1.79B | $1.76B |
| Cost and Expenses | $3.69B | $8.18B | $7.43B | $8.11B | $8.05B | $7.83B | $7.28B | $7.15B | $8.57B | $8.32B |
| Interest Income | $- | $3.00M | $17.00M | $9.00M | $13.00M | $11.00M | $23.00M | $10.00M | $13.00M | $2.00M |
| Interest Expense | $-82.00M | $110.00M | $98.00M | $111.00M | $115.00M | $133.00M | $136.00M | $138.00M | $125.00M | $126.00M |
| Depreciation and Amortization | $-582.00M | $689.00M | $740.00M | $563.00M | $509.00M | $502.00M | $489.00M | $520.00M | $549.00M | $555.00M |
| EBITDA | $1.23B | $1.71B | $1.40B | $1.52B | $1.73B | $1.31B | $1.13B | $1.07B | $1.18B | $1.27B |
| EBITDA Ratio | 14.71% | 18.58% | 17.30% | 16.84% | 18.70% | 15.22% | 14.23% | 13.84% | 12.81% | 14.01% |
| Operating Income | $1.82B | $1.02B | $662.00M | $954.00M | $1.25B | $846.00M | $685.00M | $573.00M | $619.00M | $749.00M |
| Operating Income Ratio | 21.64% | 11.09% | 8.17% | 10.59% | 13.43% | 9.80% | 8.65% | 7.42% | 6.74% | 8.28% |
| Total Other Income Expenses Net | $-1.22B | $-106.00M | $-67.00M | $-92.00M | $-101.00M | $-104.00M | $-133.00M | $-149.00M | $-118.00M | $-144.00M |
| Income Before Tax | $599.00M | $915.00M | $595.00M | $862.00M | $1.14B | $742.00M | $552.00M | $424.00M | $501.00M | $605.00M |
| Income Before Tax Ratio | 7.14% | 9.94% | 7.34% | 9.57% | 12.34% | 8.60% | 6.97% | 5.49% | 5.46% | 6.68% |
| Income Tax Expense | $124.00M | $168.00M | $106.00M | $152.00M | $194.00M | $115.00M | $89.00M | $97.00M | $89.00M | $108.00M |
| Net Income | $475.00M | $747.00M | $506.00M | $758.00M | $1.08B | $1.77B | $621.00M | $88.00M | $145.00M | $271.00M |
| Net Income Ratio | 5.66% | 8.12% | 6.24% | 8.41% | 11.62% | 20.49% | 7.84% | 1.14% | 1.58% | 2.99% |
| EPS | $2.74 | $4.31 | $2.91 | $4.27 | $6.11 | $10.07 | $3.52 | $0.45 | $0.78 | $1.52 |
| EPS Diluted | $2.74 | $4.31 | $2.89 | $4.24 | $6.11 | $10.04 | $3.51 | $0.45 | $0.78 | $1.51 |
| Weighted Average Shares Outstanding | 173.62M | 172.65M | 171.54M | 175.73M | 175.32M | 174.79M | 175.10M | 174.36M | 172.60M | 172.18M |
| Weighted Average Shares Outstanding Diluted | 173.62M | 173.40M | 172.43M | 176.82M | 176.32M | 175.48M | 175.70M | 174.98M | 173.37M | 173.38M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 | December 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.75B | $1.56B | $871.00M | $800.00M | $1.28B | $899.00M | $604.00M | $665.00M | $669.00M | $776.00M |
| Short Term Investments | $125.00M | $489.00M | $43.00M | $688.00M | $1.28B | $954.00M | $944.00M | $9.00M | $6.00M | $19.00M |
| Cash and Short Term Investments | $2.88B | $2.05B | $914.00M | $1.49B | $2.56B | $1.85B | $1.55B | $674.00M | $675.00M | $795.00M |
| Net Receivables | $- | $- | $- | $- | $1.57M | $- | $- | $- | $1.85B | $2.38B |
| Inventory | $2.34B | $2.30B | $1.88B | $2.02B | $1.99B | $1.85B | $1.80B | $1.63B | $1.74B | $1.68B |
| Other Current Assets | $- | $- | $- | $- | $1.76B | $- | $- | $- | $1.00M | $22.00M |
| Total Current Assets | $8.13B | $6.13B | $5.42B | $5.22B | $6.31B | $5.43B | $5.04B | $3.92B | $4.27B | $4.88B |
| Property Plant Equipment Net | $3.58B | $3.96B | $3.77B | $4.04B | $3.51B | $3.31B | $3.33B | $3.17B | $3.67B | $3.82B |
| Goodwill | $2.98B | $2.95B | $2.52B | $2.28B | $1.91B | $1.93B | $1.96B | $1.87B | $1.79B | $1.66B |
| Intangible Assets | $2.16B | $2.36B | $1.94B | $1.23B | $1.18B | $1.12B | $1.23B | $1.36B | $1.08B | $1.04B |
| Goodwill and Intangible Assets | $5.15B | $5.31B | $4.46B | $3.52B | $3.09B | $3.06B | $3.19B | $3.23B | $2.87B | $2.71B |
| Long Term Investments | $196.00M | $-230.00M | $278.00M | $-376.00M | $-899.00M | $-622.00M | $-284.00M | $941.00M | $841.00M | $129.00M |
| Tax Assets | $- | $203.00M | $239.00M | $217.00M | $248.00M | $281.00M | $355.00M | $366.00M | $427.00M | $369.00M |
| Other Non-Current Assets | $-8.92B | $644.00M | $193.00M | $823.00M | $1.38B | $2.68B | $1.33B | $122.00M | $51.00M | $117.00M |
| Total Non-Current Assets | $8.92B | $9.88B | $8.94B | $8.22B | $7.33B | $7.37B | $7.92B | $7.83B | $7.86B | $7.14B |
| Other Assets | $356.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $- | $16.01B | $14.36B | $13.44B | $13.64B | $12.80B | $12.96B | $11.74B | $12.13B | $12.02B |
| Account Payables | $1.41B | $1.57B | $1.22B | $1.34B | $1.43B | $1.45B | $1.38B | $1.17B | $1.36B | $1.33B |
| Short Term Debt | $- | $104.00M | $107.00M | $189.00M | $380.00M | $77.00M | $853.00M | $253.00M | $1.14B | $843.00M |
| Tax Payables | $- | $137.00M | $102.00M | $88.00M | $158.00M | $102.00M | $107.00M | $76.00M | $76.00M | $85.00M |
| Deferred Revenue | $- | $746.00M | $862.00M | $604.00M | $158.00M | $671.00M | $924.00M | $922.00M | $999.00M | $1.10B |
| Other Current Liabilities | $1.17B | $-127.00M | $-25.00M | $-63.00M | $445.00M | $-74.00M | $-88.00M | $-5.00M | $-56.00M | $-69.00M |
| Total Current Liabilities | $2.58B | $2.43B | $2.26B | $2.16B | $2.57B | $2.23B | $3.17B | $2.41B | $3.52B | $3.29B |
| Long Term Debt | $2.84B | $2.99B | $3.48B | $2.46B | $2.27B | $2.55B | $2.55B | $2.56B | $1.64B | $1.75B |
| Deferred Revenue Non-Current | $- | $62.00M | $76.00M | $65.00M | $39.00M | $40.00M | $41.00M | $40.00M | $42.00M | $45.00M |
| Deferred Tax Liabilities Non-Current | $- | $485.00M | $433.00M | $296.00M | $254.00M | $259.00M | $278.00M | $319.00M | $365.00M | $376.00M |
| Other Non-Current Liabilities | $- | $649.00M | $625.00M | $620.00M | $690.00M | $659.00M | $735.00M | $782.00M | $623.00M | $456.00M |
| Total Non-Current Liabilities | $2.84B | $4.18B | $4.61B | $3.44B | $3.25B | $3.51B | $3.61B | $3.70B | $2.67B | $2.63B |
| Other Liabilities | $1.14B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $6.56B | $6.62B | $6.88B | $5.61B | $5.83B | $5.74B | $6.78B | $6.11B | $6.19B | $5.92B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $328.00M | $328.00M | $338.00M | $338.00M | $338.00M | $338.00M | $338.00M | $338.00M | $338.00M | $338.00M |
| Retained Earnings | $9.78B | $8.54B | $7.79B | $7.71B | $7.38B | $6.73B | $5.19B | $4.86B | $5.08B | $5.34B |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Total Stockholders Equity | $-10.11B | $450.00M | $-730.00M | $-320.00M | $63.00M | $-108.00M | $546.00M | $341.00M | $306.00M | $230.00M |
| Total Stockholders Equity | $10.11B | $9.32B | $7.40B | $7.73B | $7.78B | $6.96B | $6.07B | $5.54B | $5.72B | $5.91B |
| Total Equity | $10.11B | $9.40B | $7.49B | $7.83B | $7.82B | $7.07B | $6.18B | $5.63B | $5.94B | $6.10B |
| Total Liabilities and Stockholders Equity | $- | $16.01B | $14.36B | $13.44B | $13.64B | $12.80B | $12.96B | $11.74B | $12.13B | $12.02B |
| Minority Interest | $- | $79.00M | $88.00M | $104.00M | $33.00M | $103.00M | $108.00M | $90.00M | $213.00M | $190.00M |
| Total Liabilities and Total Equity | $- | $16.01B | $14.36B | $13.44B | $13.64B | $12.80B | $12.96B | $11.74B | $12.13B | $12.02B |
| Total Investments | $321.00M | $259.00M | $321.00M | $312.00M | $378.00M | $332.00M | $660.00M | $950.00M | $847.00M | $148.00M |
| Total Debt | $- | $3.09B | $3.59B | $2.65B | $2.65B | $2.63B | $3.40B | $2.81B | $2.78B | $2.59B |
| Net Debt | $-2.75B | $1.53B | $2.71B | $1.85B | $1.37B | $1.73B | $2.80B | $2.15B | $2.11B | $1.82B |
Cash Flow Statement
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 | December 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.70B | $1.68B | $508.00M | $764.00M | $1.08B | $1.78B | $629.00M | $92.00M | $99.00M | $269.00M |
| Depreciation and Amortization | $632.00M | $681.00M | $740.00M | $632.00M | $509.00M | $502.00M | $489.00M | $520.00M | $549.00M | $555.00M |
| Deferred Income Tax | $- | $-920.00M | $47.00M | $-93.00M | $-60.00M | $- | $- | $- | $- | $- |
| Stock Based Compensation | $35.00M | $22.00M | $29.00M | $34.00M | $25.00M | $- | $- | $- | $- | $- |
| Change in Working Capital | $-575.00M | $-164.00M | $35.00M | $13.00M | $-279.00M | $-240.00M | $-69.00M | $-55.00M | $-123.00M | $-162.00M |
| Accounts Receivables | $-133.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $-442.00M | $-323.00M | $-36.00M | $114.00M | $-166.00M | $-201.00M | $-138.00M | $45.00M | $-8.00M | $-95.00M |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $159.00M | $71.00M | $-101.00M | $-113.00M | $-39.00M | $69.00M | $-100.00M | $-115.00M | $-67.00M |
| Other Non Cash Items | $-827.00M | $128.00M | $135.00M | $35.00M | $117.00M | $-1.05B | $-31.00M | $139.00M | $283.00M | $227.00M |
| Net Cash Provided by Operating Activities | $965.00M | $1.43B | $1.49B | $1.39B | $1.39B | $996.00M | $1.02B | $696.00M | $808.00M | $889.00M |
| Investments in Property Plant and Equipment | $-506.00M | $-577.00M | $-626.00M | $-641.00M | $-693.00M | $-555.00M | $-495.00M | $-543.00M | $-653.00M | $-735.00M |
| Acquisitions Net | $- | $1.09B | $-1.53B | $-519.00M | $294.00M | $1.28B | $84.00M | $211.00M | $71.00M | $-437.00M |
| Purchases of Investments | $- | $-2.11B | $-488.00M | $-1.25B | $-1.62B | $-1.44B | $-971.00M | $-190.00M | $-35.00M | $-39.00M |
| Sales Maturities of Investments | $- | $1.75B | $1.16B | $1.78B | $1.22B | $1.30B | $3.00M | $4.00M | $16.00M | $20.00M |
| Other Investing Activities | $1.38B | $63.00M | $6.00M | $99.00M | $192.00M | $-3.00M | $103.00M | $162.00M | $-11.00M | $-64.00M |
| Net Cash Used for Investing Activities | $876.00M | $208.00M | $-1.48B | $-525.00M | $-605.00M | $689.00M | $-1.19B | $-275.00M | $-515.00M | $-1.17B |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $34.00M | $63.00M | $180.00M | $97.00M | $107.00M | $137.00M | $39.00M | $26.00M | $145.00M |
| Common Stock Repurchased | $-210.00M | $-165.00M | $-309.00M | $-869.00M | $-236.00M | $-297.00M | $-273.00M | $-122.00M | $-189.00M | $-73.00M |
| Dividends Paid | $-345.00M | $-266.00M | $-289.00M | $-291.00M | $-225.00M | $-200.00M | $-190.00M | $-174.00M | $-175.00M | $-160.00M |
| Other Financing Activities | $-300.00M | $-718.00M | $372.00M | $-1.04B | $-176.00M | $-1.14B | $303.00M | $-266.00M | $-244.00M | $98.00M |
| Net Cash Used Provided by Financing Activities | $-645.00M | $-984.00M | $83.00M | $-1.33B | $-401.00M | $-1.34B | $113.00M | $-440.00M | $-419.00M | $-62.00M |
| Effect of Forex Changes on Cash | $-2.00M | $39.00M | $-24.00M | $-9.00M | $-3.00M | $-46.00M | $2.00M | $15.00M | $25.00M | $-2.00M |
| Net Change in Cash | $1.19B | $690.00M | $71.00M | $-481.00M | $382.00M | $295.00M | $-61.00M | $-4.00M | $-101.00M | $-345.00M |
| Cash at End of Period | $2.75B | $1.56B | $871.00M | $800.00M | $1.28B | $899.00M | $604.00M | $665.00M | $669.00M | $776.00M |
| Cash at Beginning of Period | $1.56B | $871.00M | $800.00M | $1.28B | $899.00M | $604.00M | $665.00M | $669.00M | $770.00M | $1.12B |
| Operating Cash Flow | $965.00M | $1.43B | $1.49B | $1.39B | $1.39B | $996.00M | $1.02B | $696.00M | $808.00M | $889.00M |
| Capital Expenditure | $-506.00M | $-577.00M | $-626.00M | $-641.00M | $-693.00M | $-555.00M | $-495.00M | $-543.00M | $-653.00M | $-735.00M |
| Free Cash Flow | $459.00M | $850.00M | $868.00M | $744.00M | $698.00M | $441.00M | $523.00M | $153.00M | $155.00M | $154.00M |