Saipem 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	1,217	1,707	2,158	2,136	2,052	1,632
Short-Term Investments	-	603	338	86	75	59
Trading Asset Securities	-	41	47	-	-	-
Cash & Short-Term Investments	1,217	2,351	2,543	2,222	2,127	1,691
Cash Growth	25.72%	-7.55%	14.45%	4.47%	25.78%	-3.65%
Accounts Receivable	-	4,628	5,120	3,929	3,562	3,187
Other Receivables	-	1,138	1,076	1,098	1,068	1,178
Receivables	-	5,766	6,196	5,027	4,630	4,365
Inventory	-	312	310	256	211	258
Other Current Assets	18	693	715	625	659	505
Total Current Assets	1,235	9,122	9,764	8,130	7,627	6,819
Property, Plant & Equipment	3,781	3,913	3,474	3,388	3,137	3,374
Long-Term Investments	-10	127	134	211	229	157
Goodwill	641	641	641	641	663	667
Other Intangible Assets	38	38	27	25	28	32
Long-Term Accounts Receivable	-	32	89	155	57	46
Long-Term Deferred Tax Assets	-	414	320	257	345	329
Other Long-Term Assets	-	154	70	58	311	118
Total Assets	5,685	14,441	14,519	12,865	12,397	11,542
Accounts Payable	-	3,585	3,569	2,668	2,630	2,378
Accrued Expenses	-	355	412	415	383	403
Short-Term Debt	-	38	61	97	159	412
Current Portion of Long-Term Debt	-	304	381	128	742	697
Current Portion of Leases	-	670	354	299	139	147
Current Income Taxes Payable	-	93	89	74	86	42
Current Unearned Revenue	-	3,237	3,434	3,088	2,613	2,517
Other Current Liabilities	1,583	111	264	112	162	248
Total Current Liabilities	1,583	8,393	8,564	6,881	6,914	6,844
Long-Term Debt	-	1,440	1,742	2,168	1,729	2,432
Long-Term Leases	1,240	654	478	431	264	247
Pension & Post-Retirement Benefits	197	195	208	193	183	238
Long-Term Deferred Tax Liabilities	-	10	9	6	3	5
Other Long-Term Liabilities	-	1,111	994	790	1,218	1,425
Total Liabilities	3,020	11,803	11,995	10,469	10,311	11,191
Common Stock	2,664	502	502	502	502	2,191
Additional Paid-In Capital	-	1,621	1,622	1,622	1,877	553
Retained Earnings	-	638	636	316	-118	-2,149
Treasury Stock	-	-179	-139	-74	-77	-84
Comprehensive Income & Other	-	55	-97	28	-116	-185
Total Common Equity	2,664	2,637	2,524	2,394	2,068	326
Minority Interest	1	1	-	2	18	25
Shareholders' Equity	2,665	2,638	2,524	2,396	2,086	351
Total Liabilities & Equity	5,685	14,441	14,519	12,865	12,397	11,542
Total Debt	1,240	3,106	3,016	3,123	3,033	3,935
Net Cash (Debt)	-23	-755	-473	-901	-906	-2,244
Net Cash Per Share	-0.01	-0.34	-0.21	-0.45	-0.96	-113.64
Filing Date Shares Outstanding	1,940	1,940	1,957	1,995	1,995	20.78
Total Common Shares Outstanding	1,940	1,940	1,957	1,995	1,995	20.78
Working Capital	-348	729	1,200	1,249	713	-25
Book Value Per Share	1.37	1.36	1.29	1.20	1.04	15.69
Tangible Book Value	1,985	1,958	1,856	1,728	1,377	-373
Tangible Book Value Per Share	1.02	1.01	0.95	0.87	0.69	-17.95
Land	-	37	37	44	56	52
Buildings	-	545	593	692	918	1,005
Machinery	-	9,358	9,275	9,009	9,398	11,801
Construction In Progress	-	84	67	173	124	115
Order Backlog	-	31,469	34,065	29,802	24,017	21,236

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.