Snam 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 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	-	1,643	1,806	1,382	1,757	1,337
Short-Term Investments	-	398	350	-	-	-
Cash & Short-Term Investments	-	2,041	2,156	1,382	1,757	1,337
Cash Growth	-	-5.33%	56.01%	-21.34%	31.41%	-56.09%
Accounts Receivable	-	2,549	3,082	4,387	4,308	2,780
Other Receivables	-	1,067	988	284	423	808
Receivables	-	3,616	4,070	4,671	4,731	3,588
Inventory	-	2,092	2,190	2,810	3,202	121
Prepaid Expenses	-	-	-	-	-	9
Other Current Assets	289	74	65	73	166	24
Total Current Assets	289	7,823	8,481	8,936	9,856	5,079
Property, Plant & Equipment	23,390	22,586	20,746	18,941	17,859	17,204
Long-Term Investments	3,196	3,236	3,298	3,078	2,369	2,656
Goodwill	-	80	80	80	96	60
Other Intangible Assets	1,966	1,890	1,480	1,369	1,225	1,107
Long-Term Accounts Receivable	-	-	-	-	74	40
Long-Term Deferred Tax Assets	-	487	451	375	331	302
Long-Term Deferred Charges	-	6	8	15	9	-
Other Long-Term Assets	458	892	1,245	731	574	713
Total Assets	29,299	37,000	35,789	33,525	32,393	27,161
Accounts Payable	-	912	987	987	1,546	1,348
Accrued Expenses	-	2,740	3,346	4,172	5,670	746
Short-Term Debt	-	1,377	2,021	2,931	1,280	3,115
Current Portion of Long-Term Debt	-	3,695	1,520	1,973	1,236	1,862
Current Portion of Leases	-	23	13	8	7	6
Current Income Taxes Payable	-	12	68	53	21	50
Other Current Liabilities	1,184	2,142	2,231	2,020	1,798	846
Total Current Liabilities	1,184	10,901	10,186	12,144	11,558	7,973
Long-Term Debt	18,501	14,366	14,761	11,705	11,131	10,364
Long-Term Leases	-	74	46	35	26	14
Pension & Post-Retirement Benefits	33	33	44	28	27	36
Long-Term Deferred Tax Liabilities	-	140	68	59	51	35
Other Long-Term Liabilities	-	2,208	1,711	1,874	2,076	1,499
Total Liabilities	19,718	27,722	26,816	25,845	24,869	19,921
Common Stock	9,539	2,736	2,736	2,736	2,736	2,736
Additional Paid-In Capital	-	611	611	611	611	611
Retained Earnings	-	5,499	5,203	4,875	4,671	4,817
Treasury Stock	-	-22	-27	-30	-33	-354
Comprehensive Income & Other	-	413	406	-557	-517	-607
Total Common Equity	9,539	9,237	8,929	7,635	7,468	7,203
Minority Interest	42	41	44	45	56	37
Shareholders' Equity	9,581	9,278	8,973	7,680	7,524	7,240
Total Liabilities & Equity	29,299	37,000	35,789	33,525	32,393	27,161
Total Debt	18,501	19,535	18,361	16,652	13,680	15,361
Net Cash (Debt)	-18,501	-17,494	-16,205	-15,270	-11,923	-14,024
Net Cash Per Share	-5.51	-5.21	-4.83	-4.55	-3.57	-4.18
Filing Date Shares Outstanding	3,356	3,356	3,354	3,354	3,361	3,272
Total Common Shares Outstanding	3,356	3,356	3,354	3,354	3,361	3,272
Working Capital	-895	-3,078	-1,705	-3,208	-1,702	-2,894
Book Value Per Share	2.84	2.45	2.36	2.28	2.22	2.20
Tangible Book Value	7,573	7,267	7,369	6,186	6,147	6,036
Tangible Book Value Per Share	2.26	1.87	1.90	1.84	1.83	1.84
Land	-	-	205	202	188	179
Buildings	-	-	604	556	534	552
Machinery	-	-	28,765	27,680	26,493	25,545
Construction In Progress	-	-	3,585	2,188	1,604	1,260
Order Backlog	-	1,418	1,430	1,208	1,860	1,039

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