Ferrari Group Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	128.83	115.8	98.78	88.55	63.05	33.28
Short-Term Investments	4.18	8.95	6.65	7.52	2.01	1.14
Cash & Short-Term Investments	133.01	124.75	105.43	96.07	65.06	34.42
Cash Growth	14.90%	18.32%	9.75%	47.66%	89.02%	-
Accounts Receivable	83.45	76.22	91.45	94.59	99.9	74.14
Other Receivables	11.28	7.96	6.32	5.47	4.82	2.59
Receivables	94.73	84.17	97.77	100.06	104.72	76.73
Inventory	0.05	0.07	0.21	0.15	0.97	0
Other Current Assets	13.74	7.22	4.66	3.31	2.41	2.35
Total Current Assets	241.53	216.21	208.07	199.58	173.16	113.5
Property, Plant & Equipment	56.5	60.03	51.26	38.61	37.55	46.16
Long-Term Investments	12.47	12.28	8.92	7.71	5.65	6.17
Goodwill	2.42	2.42	2.42	2.42	2.42	1.24
Other Intangible Assets	7.9	7.59	3.48	0.47	0.55	0.47
Long-Term Deferred Tax Assets	0.47	1.03	0.98	0.95	1.06	3.2
Other Long-Term Assets	3.84	13.33	4.48	3.58	2.71	3.27
Total Assets	325.12	312.89	279.62	253.32	223.1	174.02
Accounts Payable	25.97	27.79	30.97	29.29	34.22	40.36
Accrued Expenses	23.38	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	11.53	11.73	9.86	5.32	5.39	4.14
Current Income Taxes Payable	2.53	-	8.72	9.54	8.63	0.84
Other Current Liabilities	28.71	8.06	2.7	11.16	8.81	10.56
Total Current Liabilities	92.12	68.87	77.13	77.95	75.13	70.96
Long-Term Debt	-	0.64	0.94	10.07	-	17.45
Long-Term Leases	19.82	24.61	21.17	17.7	17.27	9.75
Long-Term Deferred Tax Liabilities	2.23	2.1	1.9	1.63	1.67	1.73
Other Long-Term Liabilities	17.89	2.73	1	3.56	18.4	4.95
Total Liabilities	134.62	101.49	104.56	113.04	114.6	106.91
Common Stock	91.3	85.84	85.84	85.84	85.84	83.63
Retained Earnings	95.68	107.97	77.5	44.62	21.64	-13.64
Comprehensive Income & Other	-8.8	5.6	0.67	1.87	1.02	-2.88
Total Common Equity	178.19	199.41	164.02	132.33	108.51	67.11
Minority Interest	12.31	11.99	11.03	7.96	-	-
Shareholders' Equity	190.5	211.4	175.05	140.29	108.51	67.11
Total Liabilities & Equity	325.12	312.89	279.62	253.32	223.1	174.02
Total Debt	31.35	37.75	32.85	33.09	22.66	31.35
Net Cash (Debt)	101.67	86.99	72.58	62.98	42.41	3.07
Net Cash Growth	20.94%	19.86%	15.24%	48.52%	1280.62%	-
Net Cash Per Share	1.32	1.13	0.94	0.82	0.55	0.04
Filing Date Shares Outstanding	91.3	91.3	77.05	77.05	77.05	75.19
Total Common Shares Outstanding	91.3	77.05	77.05	77.05	77.05	75.19
Working Capital	149.41	147.34	130.94	121.64	98.03	42.54
Book Value Per Share	1.95	2.59	2.13	1.72	1.41	0.89
Tangible Book Value	167.87	189.4	158.12	129.44	105.54	65.4
Tangible Book Value Per Share	1.84	2.46	2.05	1.68	1.37	0.87
Land	5.72	6.36	6.01	6.21	5.93	26.86
Machinery	9.46	9.25	7.24	6.31	5.61	5.73
Leasehold Improvements	10.44	8.43	4.95	3.59	3.89	6.27

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