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	-	205.77	326.57	436.13	788.4	606.89
Accounts Receivable	-	1,404	1,512	1,318	1,608	1,110
Other Receivables	-	373.9	742.49	700.06	345.98	318.55
Inventory	-	68.22	84.03	73.88	139.36	111.81
Loans Receivable Current	-	-	-	-	73.95	10.35
Other Current Assets	448.72	227.02	152.14	138.68	330.43	434.93
Total Current Assets	448.72	2,279	2,817	2,667	3,286	2,593
Property, Plant & Equipment	-	4,614	4,516	4,461	4,367	3,940
Goodwill	-	272.46	247.27	244.98	237.97	192.48
Other Intangible Assets	-	3,697	3,343	3,125	2,814	2,515
Long-Term Investments	-	235.99	312.93	245.31	221.51	250.53
Long-Term Loans Receivable	-	-	-	-	107.26	104.94
Long-Term Deferred Tax Assets	300.68	386.35	389.53	400.09	340.87	427.57
Long-Term Deferred Charges	-	18.68	14.38	14.9	12.89	7.4
Long-Term Accounts Receivable	-	387.74	334.08	261.8	177.17	98.09
Other Long-Term Assets	8,993	236.64	236.65	273.36	152.73	41.72
Total Assets	9,743	12,127	12,211	11,693	11,717	10,171
Accounts Payable	-	1,628	1,746	1,577	2,140	1,509
Accrued Expenses	-	475.78	232.99	227.51	166.84	190.54
Short-Term Debt	-	49.59	47.36	71.29	41.52	33.84
Current Portion of Long-Term Debt	161.9	61.41	593.02	650.4	238.05	423
Current Unearned Revenue	-	28.54	88.98	79.64	172.92	98.27
Current Portion of Leases	-	15.38	16.15	14.69	15.01	9.12
Current Income Taxes Payable	-	18.03	12.74	80.44	34.97	48.67
Other Current Liabilities	-180.88	264.81	442.82	495.3	307.33	144.75
Total Current Liabilities	-18.98	2,542	3,181	3,196	3,117	2,457
Long-Term Debt	4,533	4,448	4,408	4,001	4,216	3,520
Long-Term Leases	-	43.24	53.39	47.7	49.74	29.82
Long-Term Unearned Revenue	-	744.12	679.71	518.41	438.34	431.78
Pension & Post-Retirement Benefits	-	80.47	81.5	87.33	90.95	115.63
Long-Term Deferred Tax Liabilities	-	93.1	116.86	130.53	142.22	188.73
Other Long-Term Liabilities	1,392	466.21	348.11	468.31	471.57	476.99
Total Liabilities	5,906	8,417	8,868	8,449	8,526	7,220
Common Stock	3,836	1,301	1,301	1,301	1,301	1,301
Additional Paid-In Capital	-	133.02	133.02	133.02	133.02	133.02
Retained Earnings	-	430.88	388.18	365.85	324.18	390.39
Treasury Stock	-	-38.69	-38.69	-38.69	-38.69	-38.69
Comprehensive Income & Other	-	1,633	1,093	1,045	1,026	784.97
Total Common Equity	3,836	3,459	2,876	2,806	2,745	2,571
Minority Interest	-	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	9,743	12,127	12,211	11,693	11,717	10,171
Total Debt	4,695	4,617	5,117	4,785	4,561	4,016
Net Cash (Debt)	-4,695	-4,412	-4,791	-4,349	-3,772	-3,409
Net Cash Per Share	-3.66	-3.44	-3.73	-3.39	-2.94	-2.66
Filing Date Shares Outstanding	1,283	1,283	1,283	1,283	1,283	1,283
Total Common Shares Outstanding	1,283	1,283	1,283	1,283	1,283	1,283
Working Capital	467.7	-262.8	-363.56	-529.56	169.33	135.56
Book Value Per Share	2.99	2.31	2.24	2.19	2.14	2.00
Tangible Book Value	3,836	-510.22	-714.39	-564.23	-306.69	-137.24
Tangible Book Value Per Share	2.99	-0.78	-0.56	-0.44	-0.24	-0.11
Land	-	173.69	161.71	150.71	150.05	138.27
Buildings	-	1,057	966.53	918.44	892.87	788.13
Machinery	-	7,627	7,248	6,994	6,620	5,925
Construction In Progress	-	205.8	231.11	211.27	267.79	397.65

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