Piaggio & C. 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	197.68	121.13	149.69	181.69	242.62	260.87
Cash & Short-Term Investments	197.68	121.13	149.69	181.69	242.62	260.87
Cash Growth	37.69%	-19.08%	-17.61%	-25.11%	-7.00%	13.38%
Accounts Receivable	101.53	74.7	72.12	58.88	67.14	71.23
Other Receivables	59.23	40.69	92.04	87.2	82.45	55.66
Receivables	160.76	115.39	164.15	146.08	149.59	126.88
Inventory	353.26	274.04	323.7	328.02	379.68	278.54
Other Current Assets	0.84	14.89	16.88	24.74	18.83	19.33
Total Current Assets	712.55	525.45	654.42	680.53	790.72	685.62
Property, Plant & Equipment	317.64	314.82	331.18	317.84	321.03	306.32
Long-Term Investments	4.58	4.54	7.13	8.67	10.51	11.06
Goodwill	-	446.94	446.94	446.94	446.94	446.94
Other Intangible Assets	772.35	205.13	213.36	189.62	203.29	193.12
Long-Term Deferred Tax Assets	75.6	75.51	71.35	70.44	71.61	72.48
Long-Term Deferred Charges	-	134.11	142.13	127	90.06	95.1
Other Long-Term Assets	25.21	26.47	25.36	24.89	24.68	25.04
Total Assets	1,908	1,733	1,892	1,866	1,959	1,836
Accounts Payable	549.39	475.46	571.12	619	739.83	623.56
Accrued Expenses	-	37.84	96.05	86.97	70.29	50.19
Short-Term Debt	-	68.17	89.61	58.23	22.48	30.19
Current Portion of Long-Term Debt	249.76	97.4	43.93	66.65	48.67	56.65
Current Portion of Leases	7.5	7.78	10.02	10.34	11.19	7.6
Current Income Taxes Payable	9.22	4.82	5.57	6.88	11.65	9.01
Current Unearned Revenue	-	14.12	6.36	9.71	4.23	3.8
Other Current Liabilities	88.25	44.25	43.48	43.07	41.62	31.76
Total Current Liabilities	904.13	749.83	866.12	900.84	949.96	812.76
Long-Term Debt	525.12	514.32	523.62	467.11	510.79	532.25
Long-Term Leases	13.1	11.15	16.59	19.67	17.71	14.54
Long-Term Unearned Revenue	-	9.93	11.64	7.38	11.32	8.07
Pension & Post-Retirement Benefits	23.22	23.62	24.8	25.22	25.71	33.07
Long-Term Deferred Tax Liabilities	5.58	5.52	6.73	7.09	5.17	7.5
Other Long-Term Liabilities	32.01	22.29	24.19	22.65	20.37	23.41
Total Liabilities	1,503	1,337	1,474	1,450	1,541	1,432
Common Stock	404.94	207.61	207.61	207.61	207.61	207.61
Additional Paid-In Capital	-	7.17	7.17	7.17	7.17	7.17
Retained Earnings	-	278.04	272.46	274.97	267.35	231.94
Treasury Stock	-	-4.99	-2.69	-1.41	-7.69	-2.02
Comprehensive Income & Other	-	-91.36	-66.24	-72.2	-56.47	-40.47
Total Common Equity	404.94	396.47	418.31	416.15	417.98	404.24
Minority Interest	-0.16	-0.15	-0.15	-0.18	-0.17	-0.15
Shareholders' Equity	404.78	396.33	418.16	415.97	417.81	404.09
Total Liabilities & Equity	1,908	1,733	1,892	1,866	1,959	1,836
Total Debt	795.48	698.81	683.77	621.98	610.84	641.22
Net Cash (Debt)	-597.79	-577.67	-534.08	-440.29	-368.23	-380.36
Net Cash Per Share	-1.69	-1.64	-1.51	-1.24	-1.03	-1.07
Filing Date Shares Outstanding	352.2	352.4	353.6	354.21	354.63	357.11
Total Common Shares Outstanding	352.2	352.4	353.6	354.21	354.63	357.11
Working Capital	-191.58	-224.38	-211.71	-220.31	-159.25	-127.14
Book Value Per Share	1.15	1.13	1.18	1.17	1.18	1.13
Tangible Book Value	-367.41	-255.6	-241.99	-220.42	-232.25	-235.82
Tangible Book Value Per Share	-1.04	-0.73	-0.68	-0.62	-0.65	-0.66
Land	-	36.26	37.65	-	-	-
Buildings	-	182.77	188.54	-	-	-
Machinery	-	1,082	1,093	-	-	-
Construction In Progress	-	63.32	48.73	-	-	-

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