Ferrari 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	-	1,411	1,687	1,122	1,389	1,344
Short-Term Investments	-	4.42	5.66	5.57	7.07	1.94
Trading Asset Securities	-	1.49	5.55	17.41	36.77	6.05
Cash & Short-Term Investments	1,417	1,417	1,698	1,145	1,433	1,352
Cash Growth	-24.27%	-16.59%	48.34%	-20.09%	5.96%	-0.90%
Accounts Receivable	-	360.34	349.18	261.38	232.41	185
Other Receivables	-	131.31	72.76	77.15	95.91	75.58
Receivables	-	491.65	421.93	338.53	328.33	260.58
Inventory	-	1,114	1,088	948.51	674.66	540.58
Finance Div. Loans and Leases	-	1,613	1,662	1,451	1,400	1,144
Finance Div. Other Current Assets	-	57	55	-	-	-
Prepaid Expenses	-	51.86	63.98	53.85	42.91	36.08
Other Current Assets	-	79.94	30.75	49.01	73.88	30.37
Total Current Assets	-	4,824	5,020	3,986	3,953	3,364
Property, Plant & Equipment	-	1,554	1,330	1,183	1,219	1,034
Long-Term Investments	-	96.44	80.82	67.67	59.53	54.51
Goodwill	-	785.18	785.18	785.18	785.18	785.18
Other Intangible Assets	-	42.67	42.78	49.8	42.92	31.03
Long-Term Deferred Tax Assets	-	226.01	236.79	217.55	203.38	168.76
Long-Term Deferred Charges	-	1,596	1,503	1,370	1,264	1,107
Other Long-Term Assets	-	503.44	499.14	391.79	238.61	318.9
Total Assets	-	9,628	9,497	8,051	7,766	6,864
Accounts Payable	-	841.26	945.66	930.56	902.97	797.83
Accrued Expenses	-	285.34	288.63	276.09	273.29	159.16
Current Portion of Long-Term Debt	-	12.37	459.06	-	394.63	501.34
Current Portion of Leases	-	31.35	26.49	16.45	15.92	14.78
Finance Div. Debt Current	-	669.19	649.17	514.6	422.74	-
Current Income Taxes Payable	-	4.95	37.87	89.27	58.56	112.91
Other Current Liabilities	-	144.2	214.07	144.04	146.06	145.29
Total Current Liabilities	-	2,097	2,649	2,007	2,255	1,749
Long-Term Debt	-	1,268	1,282	1,114	1,096	2,072
Finance Div. Debt Long-Term	-	772.82	835.83	775.4	841.26	-
Long-Term Leases	-	130.8	99.78	56.6	41.51	41.43
Long-Term Unearned Revenue	-	1,193	882.87	806.31	270.35	256.21
Pension & Post-Retirement Benefits	-	16.64	17.48	18	15.14	18.43
Long-Term Deferred Tax Liabilities	-	146.46	82.43	100.87	86.16	78.5
Other Long-Term Liabilities	-	89.38	105.43	102.4	558.68	436.28
Total Liabilities	-	5,714	5,954	4,981	5,163	4,652
Common Stock	-	2.57	2.57	2.57	2.57	2.57
Additional Paid-In Capital	-	5,769	5,769	5,769	5,769	5,769
Retained Earnings	-	-5,057	-4,582	-4,518	-4,541	-4,452
Comprehensive Income & Other	-	3,193	2,345	1,808	1,363	886.78
Total Common Equity	3,907	3,907	3,534	3,061	2,593	2,206
Minority Interest	-	7.85	9.29	9.73	9.63	5.52
Shareholders' Equity	3,915	3,915	3,543	3,071	2,602	2,211
Total Liabilities & Equity	-	9,628	9,497	8,051	7,766	6,864
Total Debt	2,884	2,884	3,352	2,477	2,812	2,630
Net Cash (Debt)	-1,468	-1,468	-1,653	-1,332	-1,379	-1,278
Net Cash Per Share	-8.25	-8.23	-9.19	-7.34	-7.53	-6.92
Filing Date Shares Outstanding	177.25	177.28	178.88	180.3	181.95	183.84
Total Common Shares Outstanding	177.25	177.28	179.04	180.42	181.95	183.84
Working Capital	-	2,728	2,371	1,979	1,698	1,615
Book Value Per Share	22.04	22.04	19.74	16.97	14.25	12.00
Tangible Book Value	3,079	3,079	2,706	2,226	1,765	1,390
Tangible Book Value Per Share	17.37	17.37	15.11	12.34	9.70	7.56
Land	-	158.13	152.81	151.23	131.99	50.06
Buildings	-	693.25	657.43	523.15	498.05	486.68
Machinery	-	3,681	3,350	3,206	3,071	2,767

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