Ferrari Group Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	115.8	98.78	88.55	63.05	33.28
Short-Term Investments	8.95	6.65	7.52	2.01	1.14
Cash & Short-Term Investments	124.75	105.43	96.07	65.06	34.42
Cash Growth	18.32%	9.75%	47.66%	89.02%	-
Accounts Receivable	76.22	91.45	94.59	99.9	74.14
Other Receivables	7.96	6.32	5.47	4.82	2.59
Receivables	84.17	97.77	100.06	104.72	76.73
Inventory	0.07	0.21	0.15	0.97	0
Other Current Assets	7.22	4.66	3.31	2.41	2.35
Total Current Assets	216.21	208.07	199.58	173.16	113.5
Property, Plant & Equipment	60.03	51.26	38.61	37.55	46.16
Long-Term Investments	12.28	8.92	7.71	5.65	6.17
Goodwill	2.42	2.42	2.42	2.42	1.24
Other Intangible Assets	7.59	3.48	0.47	0.55	0.47
Long-Term Deferred Tax Assets	1.03	0.98	0.95	1.06	3.2
Other Long-Term Assets	13.33	4.48	3.58	2.71	3.27
Total Assets	312.89	279.62	253.32	223.1	174.02
Accounts Payable	27.79	30.97	29.29	34.22	40.36
Accrued Expenses	20.51	24.01	22.63	18.08	15.06
Short-Term Debt	0.24	0.21	-	-	-
Current Portion of Long-Term Debt	0.53	0.68	-	-	-
Current Portion of Leases	11.73	9.86	5.32	5.39	4.14
Current Income Taxes Payable	-	8.72	9.54	8.63	0.84
Other Current Liabilities	8.06	2.7	11.16	8.81	10.56
Total Current Liabilities	68.87	77.13	77.95	75.13	70.96
Long-Term Debt	0.64	0.94	10.07	-	17.45
Long-Term Leases	24.61	21.17	17.7	17.27	9.75
Long-Term Deferred Tax Liabilities	2.1	1.9	1.63	1.67	1.73
Other Long-Term Liabilities	2.73	1	3.56	18.4	4.95
Total Liabilities	101.49	104.56	113.04	114.6	106.91
Common Stock	85.84	85.84	85.84	85.84	83.63
Retained Earnings	107.97	77.5	44.62	21.64	-13.64
Comprehensive Income & Other	5.6	0.67	1.87	1.02	-2.88
Total Common Equity	199.41	164.02	132.33	108.51	67.11
Minority Interest	11.99	11.03	7.96	-	-
Shareholders' Equity	211.4	175.05	140.29	108.51	67.11
Total Liabilities & Equity	312.89	279.62	253.32	223.1	174.02
Total Debt	37.75	32.85	33.09	22.66	31.35
Net Cash (Debt)	86.99	72.58	62.98	42.41	3.07
Net Cash Growth	19.86%	15.24%	48.52%	1280.62%	-
Net Cash Per Share	1.13	0.94	0.82	0.55	0.04
Filing Date Shares Outstanding	91.3	77.05	77.05	77.05	75.19
Total Common Shares Outstanding	77.05	77.05	77.05	77.05	75.19
Working Capital	147.34	130.94	121.64	98.03	42.54
Book Value Per Share	2.59	2.13	1.72	1.41	0.89
Tangible Book Value	189.4	158.12	129.44	105.54	65.4
Tangible Book Value Per Share	2.46	2.05	1.68	1.37	0.87
Land	6.36	6.01	6.21	5.93	26.86
Machinery	9.25	7.24	6.31	5.61	5.73
Leasehold Improvements	8.43	4.95	3.59	3.89	6.27

Source: S&P Global Market Intelligence. Standard template. Financial Sources.