Italgas Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,057	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	1,061	1,218	751.97	694.33	315.71	388.61
Other Receivables	507.9	198.69	147.62	165.21	826.61	204.02
Inventory	71.9	74.72	57.23	79.05	120.49	105.29
Prepaid Expenses	-	-	-	8	5.71	4.7
Other Current Assets	874.9	527.91	248.15	168.01	90.83	73.65
Total Current Assets	3,572	2,554	1,612	1,382	1,828	2,168
Property, Plant & Equipment	512.7	488.06	383.33	386.04	379.03	372.11
Goodwill	-	-	190.46	190.46	190.46	74.51
Other Intangible Assets	13,678	14,736	8,643	8,582	8,319	7,395
Long-Term Investments	187.9	200.32	186.51	166.23	100.57	35.12
Other Long-Term Assets	9.1	891.45	956.87	432.97	213.5	106.82
Total Assets	17,960	18,870	11,972	11,140	11,031	10,152
Accounts Payable	342.3	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	1,632	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	1,215	539.95	434.91	391.37	337.9	271.8
Total Current Liabilities	3,189	2,811	2,205	1,901	1,386	1,377
Long-Term Debt	9,650	10,363	6,161	5,841	6,352	5,742
Long-Term Leases	143.9	77.78	44.21	45.98	50.48	50.37
Pension & Post-Retirement Benefits	77.6	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	559.7	1,360	659.11	637.74	689.47	693.93
Total Liabilities	13,621	14,704	9,179	8,539	8,640	8,010
Common Stock	4,001	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	4,001	3,819	2,458	2,280	2,108	1,891
Minority Interest	338.2	347.04	335.59	320.67	282.31	251.08
Shareholders' Equity	4,339	4,166	2,794	2,601	2,391	2,142
Total Liabilities & Equity	17,960	18,870	11,972	11,140	11,031	10,152
Total Debt	11,426	11,416	7,186	6,920	6,546	6,383
Net Cash (Debt)	-10,370	-10,880	-6,778	-6,653	-6,077	-4,992
Net Cash Per Share	-10.21	-11.54	-8.36	-8.21	-7.46	-6.19
Filing Date Shares Outstanding	1,016	1,016	811.24	810.75	810.25	809.77
Total Common Shares Outstanding	1,016	1,016	811.24	810.75	810.25	809.77
Working Capital	382.6	-256.57	-592.44	-519.34	442.08	791
Book Value Per Share	3.94	3.76	3.03	2.81	2.60	2.34
Tangible Book Value	-9,677	-10,917	-6,375	-6,493	-6,401	-5,578
Tangible Book Value Per Share	-9.53	-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

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