← Gates Industrial Corp plc
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| Current assets: | ||||||||||
| Cash and Cash Equivalents, at Carrying Value | — | — | — | — | — | — | — | — | $521.4m | |
| Cash and cash equivalents | $564.4m | $423.4m | $635.3m | $521.4m | $658.2m | $720.6m | $682.0m | $812.1m | — | |
| Inventories | $457.1m | $537.6m | $475.1m | $508.2m | $682.6m | $647.2m | $676.0m | $700.0m | — | |
| Prepaid Expense and Other Assets, Current | — | — | — | — | — | — | — | — | $153.4m | |
| Prepaid expenses and other assets | $76.8m | $104.1m | $131.4m | $153.4m | $210.7m | $234.9m | $196.7m | $181.8m | — | |
| Taxes receivable | $32.7m | $27.9m | $23.0m | $26.5m | $15.7m | $18.5m | $20.7m | $5.4m | — | |
| Trade accounts receivable, net | $713.8m | $742.3m | $694.7m | $695.0m | $708.1m | $768.2m | $722.7m | $744.2m | — | |
| Inventory, Net | — | — | — | — | — | — | — | — | $508.2m | |
| Assets, Current | — | — | — | — | — | — | — | — | $1.9b | |
| Total current assets | $1.8b | $1.8b | $2.0b | $1.9b | $2.3b | $2.4b | $2.3b | $2.5b | — | |
| Property, plant and equipment, net | $686.2m | $756.3m | $727.9m | $705.0m | $670.3m | $630.0m | $579.5m | $609.0m | — | |
| Goodwill | $2.1b | $2.0b | $2.1b | $2.1b | $2.1b | $2.0b | $1.9b | $2.0b | $2.1b | |
| Intangible Assets, Net (Excluding Goodwill) | — | — | — | — | — | — | — | — | $1.8b | |
| Intangible assets, net | $2.1b | $2.0b | $1.9b | $1.8b | $1.6b | $1.4b | $1.2b | $1.2b | — | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | — | — | — | — | $120.9m | |
| Other Assets, Noncurrent | — | — | — | — | — | — | — | — | $16.6m | |
| Right-of-use assets | — | — | $123.0m | $120.9m | $124.2m | $120.1m | $139.4m | $137.1m | — | |
| Additional Financial Items | ||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | — | — | — | — | — | — | — | — | $695.0m | |
| Accrued Liabilities, Current | — | — | — | — | — | — | — | — | $252.2m | |
| Accrued expenses and other current liabilities | $210.4m | $184.2m | $188.8m | $252.2m | $277.1m | $248.5m | $251.3m | $238.5m | — | |
| Deferred income taxes | $517.1m | $439.5m | $369.3m | $360.4m | $283.7m | $119.4m | $56.8m | $49.3m | — | |
| Lease liabilities | — | — | $116.2m | $113.6m | $116.4m | $110.6m | $127.3m | $124.5m | — | |
| Non-controlling interests | $413.8m | $386.3m | $359.7m | $379.3m | $381.7m | $323.7m | $316.7m | $355.2m | — | |
| Other non-current assets | $38.6m | $34.7m | $17.1m | $16.6m | $24.1m | $28.8m | $24.0m | $43.2m | — | |
| Other non-current liabilities | $63.4m | $79.2m | $84.7m | $121.0m | $59.2m | $123.1m | $68.7m | $225.8m | — | |
| Stockholders Equity | — | — | — | — | $3.1b | $3.2b | $3.0b | $3.3b | — | |
| Taxes payable | $100.6m | $81.9m | $108.8m | $111.5m | $103.7m | $79.4m | $82.2m | $62.1m | — | |
| —Shares, par value of $0.01 each - authorized shares: 3,000,000,000; outstanding shares: 253,543,540 (December 28, 2024: authorized shares: 3,000,000,000; outstanding shares: 255,203,987) | 2.5m | 2.9m | 2.9m | 2.9m | 2.9m | 2.6m | 2.6m | 2.6m | — | |
| —Treasury shares | — | — | — | — | — | — | $0 | $37.5m | — | |
| Total equity | $1.4b | $2.3b | $3.0b | $3.2b | $3.5b | $3.5b | $3.3b | $3.7b | — | |
| Total shareholders’ equity | $1.0b | $1.9b | $2.7b | $2.8b | $3.1b | $3.2b | $3.0b | $3.3b | — | |
| Assets | — | — | — | — | — | — | — | — | $7.4b | |
| Total assets | $6.9b | $6.7b | $7.4b | $7.4b | $7.5b | $7.3b | $6.8b | $7.2b | — | |
| LIABILITIES AND EQUITY | ||||||||||
| Current liabilities: | ||||||||||
| Debt, current portion | $66.4m | $51.6m | $46.1m | $42.7m | $38.1m | $36.5m | $39.1m | $36.2m | — | |
| Debt, less current portion | $3.9b | $3.0b | $2.9b | $2.7b | $2.5b | $2.4b | $2.3b | $2.2b | — | |
| Long-term Debt, Current Maturities | — | — | — | — | — | — | — | — | $42.7m | |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | — | — | — | $2.7b | |
| Operating Lease, Liability, Current | — | — | — | — | — | — | — | — | $21.8m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | — | — | — | — | $111.4m | |
| Trade accounts payable | $392.0m | $424.0m | $374.7m | $417.4m | $506.6m | $457.7m | $408.2m | $433.7m | — | |
| Liabilities, Current | — | — | — | — | — | — | — | — | $726.3m | |
| Total current liabilities | $697.8m | $679.0m | $658.1m | $726.3m | $855.9m | $779.3m | $721.5m | $735.4m | — | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | — | — | — | $360.4m | |
| Other Liabilities, Noncurrent | — | — | — | — | — | — | — | — | $121.0m | |
| Pension surplus | $57.7m | $52.6m | $38.1m | $69.3m | $75.5m | $8.6m | $5.7m | $7.6m | — | |
| Postretirement benefit obligations | $157.1m | $155.9m | $151.2m | $142.5m | $106.2m | $83.8m | $78.0m | $68.8m | — | |
| Liabilities | — | — | — | — | — | — | — | — | $4.2b | |
| Total liabilities | $5.4b | $4.4b | $4.4b | $4.2b | $4.1b | $3.7b | $3.4b | $3.5b | — | |
| Stockholders’ equity: | ||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | — | — | — | — | — | — | ($805.4m) | |
| Additional Paid in Capital | — | — | — | — | — | — | — | — | $2.5b | |
| Common Stock Equity | — | — | — | — | $3.1b | $3.2b | $3.0b | $3.3b | — | |
| Common Stock, Value, Issued | — | — | — | — | — | — | — | — | $2.9m | |
| Retained Earnings (Accumulated Deficit) | — | — | — | — | — | — | — | — | $1.2b | |
| —Accumulated other comprehensive loss | ($747.4m) | ($854.3m) | ($858.4m) | ($805.4m) | ($825.2m) | ($828.5m) | ($1.1b) | ($917.1m) | — | |
| —Additional paid-in capital | $1.6b | $2.4b | $2.4b | $2.5b | $2.5b | $2.6b | $2.6b | $2.6b | — | |
| —Retained earnings | $136.9m | $381.9m | $1.1b | $1.2b | $1.4b | $1.5b | $1.5b | $1.7b | — | |
| Stockholders' Equity Attributable to Parent | — | — | — | — | — | — | — | — | $2.8b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $379.3m | |
| Liabilities and Equity | — | — | — | — | — | — | — | — | $7.4b | |
| Total liabilities and equity | $6.9b | $6.7b | $7.4b | $7.4b | $7.5b | $7.3b | $6.8b | $7.2b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.