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
Short-Term Investments	0.84	-	-	6.21	0.06	0.18
Cash & Short-Term Investments	198.52	121.13	149.69	187.9	242.68	261.04
Cash Growth	35.77%	-19.08%	-20.33%	-22.57%	-7.04%	12.18%
Accounts Receivable	101.53	74.7	72.12	58.88	67.14	71.23
Other Receivables	59.23	55.58	108.91	105.73	101.22	74.82
Total Trade Receivables	160.76	130.28	181.03	164.61	168.36	146.04
Inventory	353.26	274.04	323.7	328.02	379.68	278.54
Total Current Assets	712.55	525.45	654.42	680.53	790.72	685.62
Net Property, Plant & Equipment	317.64	320.39	338.17	324.38	328.23	313.77
Other Intangible Assets	772.35	779.39	793.64	754.14	729.52	720.21
Long-Term Investments	4.58	4.54	7.13	8.5	9.93	11.06
Other Long-Term Assets	100.81	103.2	98.51	98.38	100.45	105.01
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	88.25	87.45	138.29	132.71	108.77	77.78
Current Portion of Long-Term Debt	249.76	165.57	133.54	124.88	71.15	86.84
Current Portion of Leases	7.5	7.78	10.02	10.34	11.19	7.6
Other Current Liabilities	9.22	13.58	13.16	13.91	19.02	16.98
Total Current Liabilities	904.13	749.83	866.12	900.84	949.96	812.76
Long-Term Debt	525.12	514.29	523.52	467.05	510.79	532.21
Long-Term Leases	13.1	11.15	16.59	19.67	17.71	14.54
Other Long-Term Liabilities	60.81	61.39	67.47	62.39	62.57	72.08
Total Long-Term Liabilities	599.02	586.82	607.57	549.11	591.07	618.83
Total Liabilities	1,503	1,337	1,474	1,450	1,541	1,432
Total Common Shareholders' 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	698.78	683.67	621.93	610.84	641.19
Net Cash (Debt)	-596.96	-577.65	-533.97	-434.03	-368.17	-380.15
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.69	-1.64	-1.51	-1.22	-1.03	-1.06
Book Value	404.94	396.47	418.31	416.15	417.98	404.24
Book Value Per Share	1.15	1.12	1.18	1.17	1.17	1.13
Tangible Book Value	-367.41	-382.92	-375.33	-338	-311.55	-315.97
Tangible Book Value Per Share	-1.04	-1.09	-1.06	-0.95	-0.88	-0.88