Iren SpA 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	333.14	205.77	326.57	436.13	788.4	606.89
Short-Term Investments	72.5	59.51	580.65	242.18	256.38	370.52
Cash & Short-Term Investments	405.63	265.28	907.21	678.32	1,045	977.4
Cash Growth	-66.99%	-70.76%	33.75%	-35.08%	6.89%	-0.96%
Accounts Receivable	1,481	1,364	1,442	1,288	1,409	1,064
Other Receivables	13.27	8.05	14.47	18.89	38.26	7.11
Total Trade Receivables	1,494	1,372	1,457	1,307	1,448	1,071
Inventory	68.46	68.22	84.03	73.88	139.36	111.81
Other Current Assets	543.91	574.08	368.8	607.49	654.31	432.6
Total Current Assets	2,512	2,279	2,817	2,667	3,286	2,593
Net Property, Plant & Equipment	4,596	4,614	4,516	4,461	4,367	3,940
Other Intangible Assets	3,744	3,715	3,358	3,140	2,827	2,523
Goodwill	272.46	272.46	247.27	244.98	237.97	192.48
Long-Term Investments	381.44	362.74	415.94	352.65	390.57	357.57
Other Long-Term Assets	961.49	883.98	857.25	827.92	608.97	565.28
Total Assets	12,468	12,128	12,211	11,693	11,717	10,171
Accounts Payable	1,811	1,655	1,787	1,635	2,279	1,524
Accrued Expenses	81.03	18.03	12.74	80.44	34.97	48.67
Short-Term Debt	182.84	126.38	656.53	-	-	-
Current Portion of Long-Term Debt	-	-	-	736.38	294.58	465.96
Unearned Revenue	3.14	28.54	88.98	79.64	39.21	89.26
Other Current Liabilities	616.36	713.61	635.08	665.06	468.66	329.69
Total Current Liabilities	2,694	2,542	3,181	3,196	3,117	2,457
Long-Term Debt	4,535	4,491	4,461	4,048	4,266	105.6
Other Long-Term Liabilities	1,402	1,384	1,226	1,205	1,143	1,108
Total Long-Term Liabilities	5,937	5,875	5,687	5,253	5,409	4,763
Total Liabilities	8,631	8,417	8,868	8,449	8,526	7,220
Common Stock	1,301	1,301	1,301	1,301	1,301	1,301
Retained Earnings	2,281	2,158	1,575	1,505	1,444	1,270
Total Common Shareholders' Equity	3,582	3,459	2,876	2,806	2,745	2,571
Minority Interest	254.8	251.52	467.67	438.09	446.07	379.98
Shareholders' Equity	3,836	3,711	3,344	3,244	3,191	2,951
Total Liabilities & Equity	12,468	12,128	12,211	11,693	11,717	10,171
Total Debt	4,717	4,617	5,117	4,785	4,561	571.56
Net Cash (Debt)	-4,312	-4,352	-4,210	-4,106	-3,516	405.84
Net Cash Per Share	-3.36	-3.39	-3.28	-3.20	-2.74	0.32
Book Value	3,582	3,459	2,876	2,806	2,745	2,571
Book Value Per Share	2.79	2.70	2.24	2.19	2.14	2.00
Tangible Book Value	-434.57	-528.9	-728.77	-579.13	-319.57	-144.64
Tangible Book Value Per Share	-0.34	-0.41	-0.57	-0.45	-0.25	-0.11