Italian Wine Brands Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	53.58	59.5	70.9	61.05	59.1	33.4
Short-Term Investments	-	-	-	-	1.11	0.06
Cash & Short-Term Investments	53.58	59.5	70.9	61.05	60.22	33.46
Cash Growth	9.36%	-16.08%	16.14%	1.38%	79.97%	2.12%
Accounts Receivable	31.7	50.61	52.13	61.6	68.14	30.57
Other Receivables	2.64	1.23	2.34	4.06	7.91	2.71
Receivables	34.34	51.85	54.47	65.66	76.06	33.27
Inventory	76.65	65.26	78.55	101.2	77.91	25.49
Other Current Assets	11.1	12.39	8.16	6.19	1.89	0.79
Total Current Assets	175.67	189	212.09	234.1	216.07	93.01
Property, Plant & Equipment	53.65	54.26	67.29	69.84	64.17	24.74
Long-Term Investments	0	0.01	0.01	0.01	0	0
Goodwill	215.97	215.97	215.97	215.97	181.09	68.31
Other Intangible Assets	38.28	38.41	38.77	39.02	35.98	34
Long-Term Deferred Tax Assets	1.2	1.69	2.69	1.95	1.52	1.85
Long-Term Deferred Charges	0.06	0.06	0.01	-	-	-
Other Long-Term Assets	0.22	0.22	0.24	0.43	2.33	0.22
Total Assets	485.06	499.61	537.06	561.32	501.15	222.14
Accounts Payable	86.06	94.7	113.79	136.72	137.37	56.81
Accrued Expenses	8.78	8.72	9.17	8.16	7.93	2.09
Short-Term Debt	0.05	0.11	7.03	14.45	15.89	3.43
Current Portion of Long-Term Debt	1.01	2.34	21.77	24.38	16.58	6.65
Current Portion of Leases	3.29	3.32	3.11	3.09	2.39	1.09
Current Income Taxes Payable	8.18	7.84	4.22	2.91	1.33	2.1
Other Current Liabilities	0.85	1.38	1.59	0.78	1.58	2.07
Total Current Liabilities	108.22	118.4	160.68	190.48	183.06	74.24
Long-Term Debt	131.48	133.53	143.34	152.39	135.73	23.81
Long-Term Leases	8.76	10.05	12.11	13.96	10.89	8.82
Pension & Post-Retirement Benefits	1.43	1.55	1.65	1.44	1.21	0.62
Long-Term Deferred Tax Liabilities	9.1	9.38	9.49	9.43	9.97	9.87
Other Long-Term Liabilities	0.1	0.17	0.3	0.29	0.33	0.26
Total Liabilities	259.09	273.07	327.57	368	341.19	117.62
Common Stock	1.12	1.12	1.12	1.12	1.05	0.88
Additional Paid-In Capital	136.14	136.14	136.14	136.14	109.9	64.57
Retained Earnings	54.18	69.62	62.71	50.44	46.22	36.12
Treasury Stock	-2.75	-2.22	-1.24	-0.26	-	-0.58
Comprehensive Income & Other	37	21.81	10.97	6.23	2.79	3.54
Total Common Equity	225.69	226.47	209.7	193.68	159.95	104.52
Minority Interest	0.28	0.06	-0.21	-0.37	-	-
Shareholders' Equity	225.97	226.53	209.49	193.31	159.95	104.52
Total Liabilities & Equity	485.06	499.61	537.06	561.32	501.15	222.14
Total Debt	144.59	149.35	187.36	208.27	181.47	43.79
Net Cash (Debt)	-91.01	-89.85	-116.46	-147.22	-121.26	-10.33
Net Cash Per Share	-9.76	-9.60	-12.40	-15.58	-13.79	-1.40
Filing Date Shares Outstanding	9.33	9.36	9.39	9.45	8.8	7.36
Total Common Shares Outstanding	9.33	9.36	9.39	9.45	8.8	7.36
Working Capital	67.45	70.6	51.42	43.62	33	18.78
Book Value Per Share	24.19	24.21	22.32	20.50	18.18	14.19
Tangible Book Value	-28.56	-27.91	-45.04	-61.31	-57.11	2.21
Tangible Book Value Per Share	-3.06	-2.98	-4.79	-6.49	-6.49	0.30
Land	25.48	25.36	40.71	40.2	37.84	13.11
Machinery	55.44	54.63	79.47	77.15	74.41	18.05
Construction In Progress	0.96	0.13	2.21	1.1	0.02	1.16

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