Iren SpA 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	-	326.57	436.13	788.4	606.89
Short-Term Investments	239.28	-	-	-	-
Accounts Receivable	-	1,512	1,318	1,608	1,110
Other Receivables	-	742.49	700.06	345.98	318.55
Inventory	-	84.03	73.88	139.36	111.81
Loans Receivable Current	-	-	-	73.95	10.35
Other Current Assets	85.4	152.14	138.68	330.43	434.93
Total Current Assets	324.68	2,817	2,667	3,286	2,593
Property, Plant & Equipment	-	4,516	4,461	4,367	3,940
Goodwill	-	247.27	244.98	237.97	192.48
Other Intangible Assets	-	3,343	3,125	2,814	2,515
Long-Term Investments	148.39	312.93	245.31	221.51	250.53
Long-Term Loans Receivable	-	-	-	107.26	104.94
Long-Term Deferred Tax Assets	293.25	389.53	400.09	340.87	427.57
Long-Term Deferred Charges	-	14.38	14.9	12.89	7.4
Long-Term Accounts Receivable	-	334.08	261.8	177.17	98.09
Other Long-Term Assets	8,819	236.65	273.36	152.73	41.72
Total Assets	9,585	12,211	11,693	11,717	10,171
Accounts Payable	-	1,746	1,577	2,140	1,509
Accrued Expenses	-	428.13	227.51	166.84	190.54
Short-Term Debt	-	47.36	71.29	41.52	33.84
Current Portion of Long-Term Debt	118.94	593.02	650.4	238.05	423
Current Unearned Revenue	-	88.98	79.64	172.92	98.27
Current Portion of Leases	-	16.15	14.69	15.01	9.12
Current Income Taxes Payable	-	12.74	80.44	34.97	48.67
Other Current Liabilities	-241.42	247.68	495.3	307.33	144.75
Total Current Liabilities	-122.48	3,181	3,196	3,117	2,457
Long-Term Debt	4,490	4,408	4,001	4,216	3,520
Long-Term Leases	-	53.39	47.7	49.74	29.82
Long-Term Unearned Revenue	-	679.71	518.41	438.34	431.78
Pension & Post-Retirement Benefits	-	81.5	87.33	90.95	115.63
Long-Term Deferred Tax Liabilities	-	116.86	130.53	142.22	188.73
Other Long-Term Liabilities	1,507	348.11	468.31	471.57	476.99
Total Liabilities	5,875	8,868	8,449	8,526	7,220
Common Stock	3,711	1,301	1,301	1,301	1,301
Additional Paid-In Capital	-	133.02	133.02	133.02	133.02
Retained Earnings	-	388.18	365.85	324.18	390.39
Treasury Stock	-	-38.69	-38.69	-38.69	-38.69
Comprehensive Income & Other	-	1,093	1,045	1,026	784.97
Total Common Equity	3,711	2,876	2,806	2,745	2,571
Minority Interest	-	467.67	438.09	446.07	379.98
Shareholders' Equity	3,711	3,344	3,244	3,191	2,951
Total Liabilities & Equity	9,585	12,211	11,693	11,717	10,171
Total Debt	4,609	5,117	4,785	4,561	4,016
Net Cash (Debt)	-4,370	-4,791	-4,349	-3,772	-3,409
Net Cash Per Share	-3.41	-3.73	-3.39	-2.94	-2.66
Filing Date Shares Outstanding	1,283	1,283	1,283	1,283	1,283
Total Common Shares Outstanding	1,283	1,283	1,283	1,283	1,283
Working Capital	447.16	-363.56	-529.56	169.33	135.56
Book Value Per Share	2.89	2.24	2.19	2.14	2.00
Tangible Book Value	3,711	-714.39	-564.23	-306.69	-137.24
Tangible Book Value Per Share	2.89	-0.56	-0.44	-0.24	-0.11
Land	-	161.71	150.71	150.05	138.27
Buildings	-	966.53	918.44	892.87	788.13
Machinery	-	7,248	6,994	6,620	5,925
Construction In Progress	-	231.11	211.27	267.79	397.65

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