GPI S.p.A. 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	107.33	45.89	40.79	177.05	41.37
Short-Term Investments	6.64	11.75	2.97	3.86	3.5
Cash & Short-Term Investments	113.97	57.63	43.76	180.92	44.87
Cash Growth	97.75%	31.70%	-75.81%	303.19%	-45.15%
Accounts Receivable	404.92	367.35	307.33	234.99	188.04
Other Receivables	30.54	32.18	17.02	7.15	6.82
Receivables	435.46	399.52	324.35	242.14	194.85
Inventory	17.38	15.36	14.94	12.95	7.81
Other Current Assets	1.17	2.4	20.08	7.75	5.82
Total Current Assets	567.97	474.91	403.12	443.77	253.36
Property, Plant & Equipment	69.03	57.78	48.4	34.48	27.38
Long-Term Investments	14.9	10.55	8.46	6.13	0.54
Goodwill	209.07	187.56	186.7	99.88	51.93
Other Intangible Assets	199.21	199.85	202.19	121.39	83.44
Long-Term Deferred Tax Assets	16.64	14.7	11.89	9.14	7.81
Long-Term Deferred Charges	0.03	0.62	1.25	1.74	3.44
Other Long-Term Assets	11.76	12.76	11.31	5.97	0.61
Total Assets	1,089	958.73	873.31	722.5	428.51
Accounts Payable	87.11	90.2	70.09	51.38	41.46
Accrued Expenses	71.06	60.76	61.55	48.56	40
Short-Term Debt	14.01	11.25	12.52	9.38	15.03
Current Portion of Long-Term Debt	148.81	151.41	111.17	70.57	58.25
Current Portion of Leases	8.5	7.21	6.75	4.81	1.55
Current Income Taxes Payable	8.76	19.93	17.24	1.16	6.37
Current Unearned Revenue	6.8	4.72	7.62	6.51	4.56
Other Current Liabilities	1.46	2.26	5.52	2.51	3.76
Total Current Liabilities	346.5	347.73	292.46	194.87	170.98
Long-Term Debt	362.08	233.45	283.22	240.91	123.45
Long-Term Leases	18.66	14.9	13.84	11.03	12.23
Pension & Post-Retirement Benefits	21.72	15.45	10.39	5.84	6.82
Long-Term Deferred Tax Liabilities	29.23	28.68	31.47	20.13	7.96
Other Long-Term Liabilities	8.01	12.72	12.15	1.17	0.83
Total Liabilities	786.2	652.94	643.53	473.95	322.28
Common Stock	13.89	13.89	13.89	13.89	8.78
Additional Paid-In Capital	203.68	203.68	209.56	209.56	74.67
Comprehensive Income & Other	88.27	90.35	7.58	25.06	21.61
Total Common Equity	305.84	307.92	231.03	248.51	105.06
Minority Interest	-3.43	-2.13	-1.24	0.04	1.17
Shareholders' Equity	302.41	305.79	229.79	248.55	106.23
Total Liabilities & Equity	1,089	958.73	873.31	722.5	428.51
Total Debt	552.05	418.22	427.5	336.7	210.51
Net Cash (Debt)	-438.09	-360.59	-383.74	-155.78	-165.64
Net Cash Per Share	-15.16	-12.52	-13.32	-5.41	-9.12
Filing Date Shares Outstanding	28.89	28.89	28.81	39.11	18.16
Total Common Shares Outstanding	28.89	28.89	28.81	28.81	18.16
Working Capital	221.47	127.18	110.66	248.9	82.38
Book Value Per Share	10.59	10.66	8.02	8.63	5.79
Tangible Book Value	-102.44	-79.49	-157.86	27.24	-30.32
Tangible Book Value Per Share	-3.55	-2.75	-5.48	0.95	-1.67
Land	7.12	7.03	7.03	2.66	2.66
Buildings	56.04	36.13	32.63	34.05	30.96
Machinery	21.06	19.57	18.84	15.49	9.46
Construction In Progress	3.63	13.41	7.9	4.4	0.8

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