Telecom Italia S.p.A. (BIT: TITR)

Telecom Italia Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	169.57	280.31	241.78	403.02	339.88	157.55
Short-Term Investments	47.3	98.44	142.41	-	-	44.59
Cash & Short-Term Investments	216.87	378.75	384.19	403.02	339.88	202.14
Cash Growth	-15.38%	-1.41%	-4.67%	18.58%	68.14%	109.42%
Accounts Receivable	195.4	198.56	220.04	217.59	165.68	132.51
Other Receivables	33.3	30.15	-	-	-	-
Receivables	228.7	228.71	220.04	217.59	165.68	132.51
Inventory	327.71	315.5	306.5	298.05	191.23	171.13
Other Current Assets	57.59	59.73	163.48	39.63	17.12	24.98
Total Current Assets	830.87	982.69	1,074	958.29	713.92	530.76
Property, Plant & Equipment	265.7	256.29	268.45	276.2	140.5	128.39
Long-Term Investments	0.03	0.03	0.03	0.03	0.03	0.03
Goodwill	823.41	799.37	826.35	789.63	154.77	164.68
Other Intangible Assets	770.24	761.9	836.44	854.37	112.9	127.59
Long-Term Deferred Tax Assets	31.31	31.81	34.46	38.23	33.08	31.65
Long-Term Deferred Charges	380.08	338.7	315.82	285.5	84.82	76.69
Other Long-Term Assets	23.88	40.66	52.34	28.91	6.43	3.77
Total Assets	3,126	3,211	3,408	3,231	1,246	1,064
Accounts Payable	98.67	100.71	104.2	84.77	65.49	55.73
Accrued Expenses	48.88	66.16	67.68	65.33	47.67	41.16
Current Portion of Long-Term Debt	51.51	100.74	111.52	94.2	-	0.01
Current Portion of Leases	8.1	8.91	8.5	9.64	4.21	4.8
Current Income Taxes Payable	20.52	9.4	13.79	6.26	29.83	10.8
Other Current Liabilities	38.69	34.2	41.33	38.03	13.01	9.97
Total Current Liabilities	266.37	320.12	347.02	298.23	160.21	122.48
Long-Term Debt	903.38	1,021	1,171	1,228	-	-
Long-Term Leases	66.13	62.09	61	66.48	30.45	24.47
Long-Term Deferred Tax Liabilities	204.79	199.6	229.31	185.34	10.07	7.14
Other Long-Term Liabilities	37.71	38.44	47.56	43.98	48.16	24.59
Total Liabilities	1,511	1,673	1,888	1,863	290.13	214.93
Common Stock	55.95	55.95	55.95	55.95	55.95	55.95
Additional Paid-In Capital	18.16	18.16	18.16	18.16	18.16	18.16
Retained Earnings	1,797	1,758	1,641	1,297	1,039	840.37
Treasury Stock	-301.34	-296.8	-281.28	-120.02	-109.55	-81.85
Comprensive Income & Other	46.02	3.37	84.73	115.71	-49.34	16
Total Common Equity	1,616	1,539	1,519	1,366	954.68	848.62
Minority Interest	-1.18	-0.64	0.76	1.56	1.64	-
Shareholders' Equity	1,615	1,538	1,520	1,368	956.32	848.62
Total Liabilities & Equity	3,126	3,211	3,408	3,231	1,246	1,064
Total Debt	1,029	1,193	1,352	1,399	34.66	29.28
Net Cash (Debt)	-812.25	-813.9	-967.8	-995.57	305.22	172.86
Net Cash Growth	-	-	-	-	76.57%	129.53%
Net Cash Per Share	-14.59	-14.60	-16.67	-17.29	5.54	3.15
Filing Date Shares Outstanding	53.32	53.36	53.52	54.76	54.76	54.79
Total Common Shares Outstanding	53.32	53.36	53.51	54.75	54.72	54.79
Working Capital	564.5	662.57	727.19	660.06	553.7	408.28
Book Value Per Share	30.31	28.83	28.39	24.96	17.45	15.49
Tangible Book Value	22.34	-22.65	-143.8	-277.63	687	556.35
Tangible Book Value Per Share	0.42	-0.42	-2.69	-5.07	12.55	10.15
Land	-	-	5.16	4.98	2.34	2.37
Buildings	-	-	42.64	35.56	27.64	25.57
Machinery	-	-	318.5	301.07	228.7	225.51
Construction In Progress	-	-	34.38	27.61	15.66	14.3

Source: S&P Capital IQ. Standard template. Financial Sources.