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	531.9	402.66	249.96	451.95	1,392
Short-Term Investments	-	-	-	-	0.12
Trading Asset Securities	-	4.73	17.23	16.81	-
Accounts Receivable	1,218	751.97	694.33	315.71	388.61
Other Receivables	588.1	151.21	165.21	826.61	204.02
Inventory	74.7	57.23	79.05	120.49	105.29
Prepaid Expenses	-	10.47	8	5.71	4.7
Other Current Assets	966.2	234.09	168.01	90.83	73.65
Total Current Assets	3,378	1,612	1,382	1,828	2,168
Property, Plant & Equipment	488.1	383.33	386.04	379.03	372.11
Goodwill	-	190.46	190.46	190.46	74.51
Other Intangible Assets	13,561	8,643	8,582	8,319	7,395
Long-Term Investments	192	186.51	166.23	100.57	35.12
Other Long-Term Assets	8.7	956.87	432.97	213.5	106.82
Total Assets	17,628	11,972	11,140	11,031	10,152
Accounts Payable	377.1	249.66	278.31	709.35	300.91
Accrued Expenses	-	508.76	173.17	175.77	207.28
Short-Term Debt	920.4	293.71	498.66	3.13	383.27
Current Portion of Long-Term Debt	-	640.59	501.67	118.03	188.59
Current Unearned Revenue	-	5.35	4.4	4.17	2.27
Current Portion of Leases	-	46.27	33.11	21.57	19.63
Current Income Taxes Payable	-	25.56	20.45	16.11	3.43
Other Current Liabilities	1,101	434.91	391.37	337.9	271.8
Total Current Liabilities	2,398	2,205	1,901	1,386	1,377
Long-Term Debt	10,363	6,161	5,841	6,352	5,742
Long-Term Leases	134	44.21	45.98	50.48	50.37
Pension & Post-Retirement Benefits	80.5	61.28	65.33	69.92	95.65
Long-Term Deferred Tax Liabilities	12.2	48.35	47.78	91.63	50.79
Other Long-Term Liabilities	474.7	659.11	637.74	689.47	693.93
Total Liabilities	13,462	9,179	8,539	8,640	8,010
Common Stock	3,819	1,004	1,003	1,003	1,002
Additional Paid-In Capital	-	628.4	626.25	624.45	622.38
Retained Earnings	-	1,479	1,286	1,104	935.13
Comprehensive Income & Other	-	-653.58	-635.37	-622.34	-668.11
Total Common Equity	3,819	2,458	2,280	2,108	1,891
Minority Interest	347	335.59	320.67	282.31	251.08
Shareholders' Equity	4,166	2,794	2,601	2,391	2,142
Total Liabilities & Equity	17,628	11,972	11,140	11,031	10,152
Total Debt	11,417	7,186	6,920	6,546	6,383
Net Cash (Debt)	-10,885	-6,778	-6,653	-6,077	-4,992
Net Cash Per Share	-	-8.36	-8.21	-7.46	-6.19
Filing Date Shares Outstanding	-	811.24	810.75	810.25	809.77
Total Common Shares Outstanding	-	811.24	810.75	810.25	809.77
Working Capital	980.4	-592.44	-519.34	442.08	791
Book Value Per Share	-	3.03	2.81	2.60	2.34
Tangible Book Value	-9,742	-6,375	-6,493	-6,401	-5,578
Tangible Book Value Per Share	-	-7.86	-8.01	-7.90	-6.89
Land	-	19.42	18.84	14.48	12.74
Buildings	-	537.28	531.55	455.33	441.82
Machinery	-	240.27	217.89	153.64	146.7
Construction In Progress	-	23.16	12.23	8.87	7.37

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