Terna S.p.A. (BIT:TRN)

Terna Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	1,378	2,155	1,567	2,689
Short-Term Investments	-	362.2	246.8	958.5	611.4
Accounts Receivable	1,324	2,123	2,358	2,777	1,245
Other Receivables	-	183.1	166.8	60.1	98.9
Inventory	-	106.4	83	69.9	66.4
Prepaid Expenses	-	24	22.7	16.8	14.8
Other Current Assets	15.2	118	88.4	408.6	51.4
Total Current Assets	1,339	4,295	5,121	5,858	4,778
Property, Plant & Equipment	19,237	17,597	16,201	15,317	14,560
Goodwill	-	252.3	251.5	256.5	230.1
Other Intangible Assets	982.2	614.9	524.3	400	347.8
Long-Term Investments	-	200.1	193.6	99.5	99.7
Long-Term Loans Receivable	-	10.9	11	10.4	9.6
Long-Term Deferred Tax Assets	-	168.7	121	146.6	111.8
Other Long-Term Assets	484.7	307	379.5	271.5	493.2
Total Assets	22,043	23,446	22,803	22,359	20,630
Accounts Payable	1,697	2,791	3,642	3,247	2,205
Accrued Expenses	-	183.5	183.2	118	83.1
Short-Term Debt	-	1,314	487.6	1,988	1,090
Current Portion of Long-Term Debt	-	1,368	1,911	1,645	1,391
Current Unearned Revenue	-	340.7	197.4	120.3	72
Current Portion of Leases	-	18.3	-	-	-
Current Income Taxes Payable	74.5	-	43.8	28.1	-
Other Current Liabilities	1,578	364.1	344.3	501.8	190.3
Total Current Liabilities	3,349	6,379	6,809	7,648	5,031
Long-Term Debt	11,160	9,526	8,596	8,882	10,077
Long-Term Leases	-	47.3	67.7	36.9	36.9
Long-Term Unearned Revenue	-	528.6	-	-	-
Pension & Post-Retirement Benefits	-	83.4	75.3	82.8	91.7
Other Long-Term Liabilities	-10.4	537.9	1,085	997	978.1
Total Liabilities	14,499	17,103	16,634	17,646	16,215
Common Stock	7,524	442.2	442.2	442.2	442.2
Additional Paid-In Capital	-	20	20	20	20
Retained Earnings	-	4,134	3,913	3,645	3,403
Treasury Stock	-	-29.8	-29.5	-19.5	-9.5
Comprehensive Income & Other	-	1,758	1,796	594.5	514.3
Total Common Equity	7,524	6,324	6,142	4,682	4,370
Minority Interest	19.8	18.9	27.1	31.1	46
Shareholders' Equity	7,544	6,343	6,169	4,713	4,416
Total Liabilities & Equity	22,043	23,446	22,803	22,359	20,630
Total Debt	11,160	12,274	11,062	12,552	12,594
Net Cash (Debt)	-11,160	-10,533	-8,660	-10,026	-9,294
Net Cash Per Share	-	-5.25	-4.31	-4.99	-4.63
Filing Date Shares Outstanding	-	2,006	2,006	2,007	2,008
Total Common Shares Outstanding	-	2,006	2,006	2,007	2,008
Working Capital	-2,010	-2,084	-1,688	-1,790	-252.3
Book Value Per Share	-	2.66	2.57	2.33	2.18
Tangible Book Value	6,542	5,457	5,366	4,025	3,792
Tangible Book Value Per Share	-	2.23	2.18	2.01	1.89
Land	-	232.5	217.7	211.7	210.1
Buildings	-	2,588	2,403	2,288	2,232
Machinery	-	22,643	21,212	20,375	19,513
Construction In Progress	-	2,885	2,581	2,193	1,848

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