Andersons Inc

For the period ended Dec 31, 2023. Filed Feb 21, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 21, 2024

ANDE$55.18+0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

(In thousands, except share amounts)

	December 31, 2023	December 31, 2022
Assets
Current assets:
Cash and cash equivalents	$643,854	$115,269
Accounts receivable, less allowance for doubtful accounts of $35,939 in 2023; $26,392 in 2022	762,549	1,248,878
Inventories	1,166,700	1,731,725
Commodity derivative assets – current	178,083	295,588
Other current assets	55,777	74,493
Total current assets	2,806,963	3,465,953
Other assets:
Goodwill	127,856	129,342
Other intangible assets, net	85,579	100,907
Right of use assets, net	54,234	61,890
Other assets	87,010	87,175
Total other assets	354,679	379,314
Property, plant and equipment, net	693,365	762,729
Total assets	$3,855,007	$4,607,996
Liabilities and equity
Current liabilities:
Short-term debt	$43,106	$272,575
Trade and other payables	1,055,473	1,423,633
Customer prepayments and deferred revenue	187,054	370,524
Commodity derivative liabilities – current	90,849	98,519
Current maturities of long-term debt	27,561	110,155
Accrued expenses and other current liabilities	232,288	245,916
Total current liabilities	1,636,331	2,521,322
Long-term lease liabilities	31,659	37,147
Long-term debt, less current maturities	562,960	492,518
Deferred income taxes	58,581	64,080
Other long-term liabilities	49,089	63,160
Total liabilities	2,338,620	3,178,227
Commitments and contingencies (Note 14)
Shareholders’ equity:
Common shares, without par value (63,000,000 shares authorized; 34,063,983 shares issued in both 2023 and 2022)	142	142
Preferred shares, without par value (1,000,000 shares authorized; none issued)	—	—
Additional paid-in capital	387,210	385,248
Treasury shares, at cost (269,797 in 2023; 445,800 in 2022)	(10,261)	(15,043)
Accumulated other comprehensive income	22,865	20,484
Retained earnings	882,943	807,770
Total shareholders’ equity of The Andersons, Inc.	1,282,899	1,198,601
Noncontrolling interests	233,488	231,168
Total equity	1,516,387	1,429,769
Total liabilities and equity	$3,855,007	$4,607,996

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.