Italgas 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	531.93	402.66	249.96	451.95	1,392
Short-Term Investments	-	-	-	-	0.12
Trading Asset Securities	3.71	4.73	17.23	16.81	-
Accounts Receivable	1,218	751.97	694.33	315.71	388.61
Other Receivables	198.69	147.62	165.21	826.61	204.02
Inventory	74.72	57.23	79.05	120.49	105.29
Prepaid Expenses	-	-	8	5.71	4.7
Other Current Assets	527.91	248.15	168.01	90.83	73.65
Total Current Assets	2,554	1,612	1,382	1,828	2,168
Property, Plant & Equipment	488.06	383.33	386.04	379.03	372.11
Goodwill	-	190.46	190.46	190.46	74.51
Other Intangible Assets	14,736	8,643	8,582	8,319	7,395
Long-Term Investments	200.32	186.51	166.23	100.57	35.12
Other Long-Term Assets	891.45	956.87	432.97	213.5	106.82
Total Assets	18,870	11,972	11,140	11,031	10,152
Accounts Payable	377.07	249.66	278.31	709.35	300.91
Accrued Expenses	906.06	508.76	173.17	175.77	207.28
Short-Term Debt	46.67	293.71	498.66	3.13	383.27
Current Portion of Long-Term Debt	873.74	640.59	501.67	118.03	188.59
Current Unearned Revenue	10.06	5.35	4.4	4.17	2.27
Current Portion of Leases	54.92	46.27	33.11	21.57	19.63
Current Income Taxes Payable	2.57	25.56	20.45	16.11	3.43
Other Current Liabilities	539.95	434.91	391.37	337.9	271.8
Total Current Liabilities	2,811	2,205	1,901	1,386	1,377
Long-Term Debt	10,363	6,161	5,841	6,352	5,742
Long-Term Leases	77.78	44.21	45.98	50.48	50.37
Pension & Post-Retirement Benefits	80.45	61.28	65.33	69.92	95.65
Long-Term Deferred Tax Liabilities	12.24	48.35	47.78	91.63	50.79
Other Long-Term Liabilities	1,360	659.11	637.74	689.47	693.93
Total Liabilities	14,704	9,179	8,539	8,640	8,010
Common Stock	1,257	1,004	1,003	1,003	1,002
Additional Paid-In Capital	1,388	628.4	626.25	624.45	622.38
Retained Earnings	1,822	1,479	1,286	1,104	935.13
Comprehensive Income & Other	-648.02	-653.58	-635.37	-622.34	-668.11
Total Common Equity	3,819	2,458	2,280	2,108	1,891
Minority Interest	347.04	335.59	320.67	282.31	251.08
Shareholders' Equity	4,166	2,794	2,601	2,391	2,142
Total Liabilities & Equity	18,870	11,972	11,140	11,031	10,152
Total Debt	11,416	7,186	6,920	6,546	6,383
Net Cash (Debt)	-10,880	-6,778	-6,653	-6,077	-4,992
Net Cash Per Share	-11.54	-8.36	-8.21	-7.46	-6.19
Filing Date Shares Outstanding	1,016	811.24	810.75	810.25	809.77
Total Common Shares Outstanding	1,016	811.24	810.75	810.25	809.77
Working Capital	-256.57	-592.44	-519.34	442.08	791
Book Value Per Share	3.76	3.03	2.81	2.60	2.34
Tangible Book Value	-10,917	-6,375	-6,493	-6,401	-5,578
Tangible Book Value Per Share	-10.75	-7.86	-8.01	-7.90	-6.89
Land	21.75	19.42	18.84	14.48	12.74
Buildings	570.89	537.28	531.55	455.33	441.82
Machinery	382.13	240.27	217.89	153.64	146.7
Construction In Progress	47.99	23.16	12.23	8.87	7.37

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