Fincantieri Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	513.16	684.46	757.27	564.58	1,236
Cash & Short-Term Investments	513.16	684.46	757.27	564.58	1,236
Cash Growth	-25.03%	-9.62%	34.13%	-54.33%	-3.02%
Accounts Receivable	4,246	4,049	3,265	3,855	3,575
Other Receivables	538.09	884.05	422.36	569.82	506.05
Receivables	4,785	4,933	3,687	4,425	4,081
Inventory	582.86	511.56	494.71	497.61	438.86
Prepaid Expenses	59.68	54.66	2.75	0.7	0.76
Other Current Assets	527.36	444.76	442.84	429.12	467.42
Total Current Assets	6,468	6,628	5,385	5,917	6,224
Property, Plant & Equipment	1,839	1,839	1,809	1,763	1,634
Long-Term Investments	60.82	69.08	59.62	117.94	122.76
Goodwill	350.29	156.31	116.13	123.3	272.38
Other Intangible Assets	614.24	343.23	306.29	341.64	358.88
Long-Term Deferred Tax Assets	272.13	248.18	231.39	182.92	109.18
Long-Term Deferred Charges	86.35	71.94	52.01	43.78	56.73
Other Long-Term Assets	93.14	112.97	86.38	87.77	53.36
Total Assets	10,345	9,562	8,710	8,710	9,082
Accounts Payable	2,651	2,421	1,978	2,072	1,897
Accrued Expenses	307.03	288.92	233.9	204.98	191.28
Short-Term Debt	1,172	948	1,097	1,370	1,950
Current Portion of Long-Term Debt	241.06	237.42	591.13	1,127	288.3
Current Portion of Leases	25.95	24.57	20.71	18.21	17.86
Current Income Taxes Payable	48.66	30.45	18.23	25.44	30.07
Current Unearned Revenue	2,290	2,028	1,604	1,156	1,375
Other Current Liabilities	601.33	576.5	351.7	205.44	310.59
Total Current Liabilities	7,337	6,555	5,895	6,178	6,060
Long-Term Debt	1,421	1,590	1,670	1,203	1,793
Long-Term Leases	103.57	103.86	109.81	114.25	101.25
Long-Term Unearned Revenue	52.25	60.87	50.49	48.67	46.14
Pension & Post-Retirement Benefits	54.48	53.57	54.35	53.85	63.66
Long-Term Deferred Tax Liabilities	88.58	40.39	72.32	82.7	70.1
Other Long-Term Liabilities	301.52	313.33	424.51	443.32	113.39
Total Liabilities	9,358	8,717	8,276	8,124	8,247
Common Stock	878.35	878.29	862.98	862.98	862.98
Additional Paid-In Capital	490.85	488.59	110.5	110.5	110.5
Retained Earnings	190.3	98.28	12.24	-243.8	80.58
Treasury Stock	-6.89	-2.43	-4.8	-0.93	-2.97
Comprehensive Income & Other	-555.34	-613.26	-547.8	-143.25	-232.51
Total Common Equity	997.27	849.46	433.12	585.5	818.58
Minority Interest	-10.22	-4.35	1.04	1.41	15.66
Shareholders' Equity	987.05	845.11	434.16	586.9	834.24
Total Liabilities & Equity	10,345	9,562	8,710	8,710	9,082
Total Debt	2,963	2,904	3,488	3,832	4,150
Net Cash (Debt)	-2,450	-2,220	-2,731	-3,267	-2,914
Net Cash Per Share	-7.17	-9.17	-16.10	-19.25	-16.97
Filing Date Shares Outstanding	324.28	322.75	169.16	169.85	169.66
Total Common Shares Outstanding	324.28	322.63	169.16	169.85	169.66
Working Capital	-869.13	73.24	-510.08	-261.23	163.95
Book Value Per Share	3.08	2.63	2.56	3.45	4.82
Tangible Book Value	32.74	349.93	10.69	120.55	187.32
Tangible Book Value Per Share	0.10	1.08	0.06	0.71	1.10
Land	967.64	1,064	1,022	975.1	849.66
Machinery	1,936	1,918	1,707	1,661	1,587
Construction In Progress	226.33	119.11	227.46	197.65	251.97
Leasehold Improvements	-	-	36.02	35.36	30.48
Order Backlog	-	-	34,772	34,326	35,519

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.