SOL S.p.A. 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	245.33	231.59	205.63	134.64	139.64	269.18
Short-Term Investments	12.96	-	-	-	-	-
Cash & Short-Term Investments	258.3	231.59	205.63	134.64	139.64	269.18
Cash Growth	21.28%	12.63%	52.72%	-3.58%	-48.12%	55.17%
Accounts Receivable	537.81	491.44	448.45	431.05	340.02	297.95
Other Receivables	63.75	55.52	52.18	53.22	26.41	20.01
Receivables	601.56	546.95	500.63	484.28	366.44	317.96
Inventory	110.75	112	100.8	84.14	67.3	63.3
Prepaid Expenses	19.8	13.21	12.77	11.56	10.18	6.28
Other Current Assets	0.88	14.48	14.52	12.79	8.28	6.64
Total Current Assets	991.29	918.23	834.35	727.4	591.84	663.37
Property, Plant & Equipment	898.19	846.75	754.57	694.16	615.33	554.57
Long-Term Investments	27.53	36.64	40.18	13.77	13.78	10.59
Goodwill	264.22	264.4	245.63	216.81	170.31	139.87
Other Intangible Assets	47.81	46.72	38.7	23.54	20.23	16
Long-Term Deferred Tax Assets	21.57	18.15	19.21	18.56	21.03	21.7
Long-Term Deferred Charges	5.04	3.47	3.31	3.01	2.52	2.61
Other Long-Term Assets	10.73	4.59	4.72	21.33	9.41	5.58
Total Assets	2,266	2,139	1,941	1,719	1,444	1,414
Accounts Payable	189.58	193.54	168.37	175.11	150.29	122.22
Accrued Expenses	74.63	68.87	62.77	57.18	44.5	39.23
Short-Term Debt	6.29	4.2	3.19	6.86	1.64	2.22
Current Portion of Long-Term Debt	72.2	73.11	68.53	66.39	66.11	63.25
Current Income Taxes Payable	23.1	18.34	21.07	15.4	7.19	10.63
Current Unearned Revenue	33.14	32.03	29.82	28.23	24.48	17.51
Other Current Liabilities	33.3	30.48	25.71	21.67	21.19	25.95
Total Current Liabilities	432.24	420.56	379.46	370.84	315.4	281
Long-Term Debt	588.94	509.98	474.72	387.25	342.51	408.97
Long-Term Leases	66.56	59.94	53.67	47.73	34.57	36.49
Long-Term Deferred Tax Liabilities	17.57	14.38	15.1	12.16	7.36	4.26
Other Long-Term Liabilities	54.22	55.23	42.59	37.96	23.16	20.71
Total Liabilities	1,160	1,060	965.54	855.95	723	751.43
Common Stock	47.16	47.16	47.16	47.16	47.16	47.16
Additional Paid-In Capital	63.34	63.34	63.34	63.34	63.34	63.34
Retained Earnings	95.3	159.48	157.51	144.86	100.85	116.82
Comprehensive Income & Other	853.61	757.59	660.6	565.26	486.91	408.35
Total Common Equity	1,059	1,028	928.61	820.62	698.26	635.67
Minority Interest	47.45	51.29	46.52	42.02	23.19	27.17
Shareholders' Equity	1,107	1,079	975.13	862.63	721.45	662.85
Total Liabilities & Equity	2,266	2,139	1,941	1,719	1,444	1,414
Total Debt	733.99	647.23	600.11	508.24	444.84	510.93
Net Cash (Debt)	-475.7	-415.64	-394.48	-373.6	-305.2	-241.75
Net Cash Per Share	-5.24	-4.58	-4.35	-4.12	-3.36	-2.67
Filing Date Shares Outstanding	90.7	90.7	90.7	90.7	90.7	90.7
Total Common Shares Outstanding	90.7	90.7	90.7	90.7	90.7	90.7
Working Capital	559.05	497.67	454.89	356.56	276.44	382.36
Book Value Per Share	11.68	11.33	10.24	9.05	7.70	7.01
Tangible Book Value	747.38	716.45	644.28	580.26	507.72	479.81
Tangible Book Value Per Share	8.24	7.90	7.10	6.40	5.60	5.29
Land	37.65	33.92	37.89	26.05	25.83	22.07
Buildings	205.43	195.05	184.41	171.54	151.91	131.02
Machinery	1,899	1,866	1,772	1,671	1,536	1,349
Construction In Progress	131.39	109.62	53.62	26.27	32.13	32.44

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.