Poste Italiane 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	5,337	4,447	4,680	4,211	4,983	7,958
Short-Term Investments	-	10,288	13,273	14,362	33,016	27,081
Trading Asset Securities	-	3,728	5,062	1,146	929	473
Cash & Short-Term Investments	5,337	18,463	23,015	19,719	38,928	35,512
Cash Growth	-86.08%	-19.78%	16.71%	-49.34%	9.62%	13.60%
Accounts Receivable	1,976	2,269	2,182	2,404	2,211	2,569
Other Receivables	3,130	3,023	3,567	2,608	2,004	1,425
Receivables	5,106	5,292	5,749	5,012	4,215	3,994
Inventory	177	176	177	172	157	155
Finance Div. Other Current Assets	4,552	23,740	19,128	20,313	5,848	7,659
Prepaid Expenses	-	-	-	62	-	-
Other Current Assets	31,510	1,149	984	735	998	756
Total Current Assets	46,682	48,820	49,053	46,013	50,146	48,076
Property, Plant & Equipment	4,449	4,375	3,970	3,811	3,738	3,383
Long-Term Investments	224,922	155,482	144,676	141,537	186,354	220,703
Goodwill	-	796	796	796	671	75
Other Intangible Assets	2,151	1,402	1,343	1,266	1,146	798
Long-Term Accounts Receivable	11	11	2	3	3	3
Long-Term Deferred Tax Assets	2,350	1,758	1,997	2,109	2,601	1,245
Other Long-Term Assets	7,313	7,740	9,477	10,879	17,415	10,445
Total Assets	287,878	290,325	277,098	270,827	262,074	284,728
Accounts Payable	1,794	1,764	1,780	1,689	1,681	1,424
Accrued Expenses	-	1,820	1,821	1,918	1,743	1,642
Short-Term Debt	-	-	-	-	72,505	72,038
Current Portion of Long-Term Debt	90,756	12,055	11,355	10,847	20,201	17,353
Current Portion of Leases	-	289	310	295	-	219
Finance Div. Debt Current	-	80,467	73,750	73,961	-	-
Finance Div. Other Current Liabilities	-	27	-24	50	5	29
Current Income Taxes Payable	227	48	65	189	60	16
Current Unearned Revenue	-	264	317	563	553	605
Other Current Liabilities	2,893	942	870	918	801	764
Total Current Liabilities	95,670	97,676	90,244	90,430	97,549	94,090
Long-Term Debt	8,130	2,614	2,026	1,467	9,463	14,142
Finance Div. Debt Long-Term	-	2,299	4,166	6,480	-	-
Finance Div. Other Long-Term Liabilities	-	820	1,398	1,093	-	-
Long-Term Leases	-	991	961	1,037	1,407	947
Long-Term Deferred Tax Liabilities	1,558	1,331	897	900	815	953
Other Long-Term Liabilities	168,854	170,597	165,696	158,981	144,962	162,486
Total Liabilities	274,212	276,328	265,388	260,388	254,196	272,618
Common Stock	1,306	1,306	1,306	1,306	1,306	1,306
Retained Earnings	10,146	9,637	9,154	8,326	7,399	7,536
Treasury Stock	-128	-128	-109	-94	-63	-40
Comprehensive Income & Other	2,180	3,024	1,232	784	-808	3,300
Total Common Equity	13,504	13,839	11,583	10,322	7,834	12,102
Minority Interest	162	158	127	117	44	8
Shareholders' Equity	13,666	13,997	11,710	10,439	7,878	12,110
Total Liabilities & Equity	287,878	290,325	277,098	270,827	262,074	284,728
Total Debt	98,886	98,715	92,568	94,087	103,576	104,699
Net Cash (Debt)	-93,549	-80,252	-69,553	-74,368	-64,648	-69,187
Net Cash Per Share	-72.29	-61.98	-53.72	-57.38	-49.74	-53.23
Filing Date Shares Outstanding	1,294	1,294	1,295	1,295	1,299	1,301
Total Common Shares Outstanding	1,294	1,294	1,295	1,295	1,299	1,301
Working Capital	-48,988	-48,856	-41,191	-44,417	-47,403	-46,014
Book Value Per Share	10.43	10.08	8.33	7.35	5.42	8.69
Tangible Book Value	11,353	11,641	9,444	8,260	6,017	11,229
Tangible Book Value Per Share	8.77	8.38	6.68	5.76	4.02	8.02
Land	-	97	85	85	77	76
Buildings	-	3,563	3,447	3,354	3,261	3,202
Machinery	-	3,357	3,200	2,991	2,894	2,742
Construction In Progress	-	226	197	203	145	93
Leasehold Improvements	-	982	861	-	706	660

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