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

Terna 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,213	1,378	2,155	1,567	2,689	1,057
Short-Term Investments	697.9	362.2	246.8	958.5	611.4	513.3
Accounts Receivable	1,213	2,123	2,358	2,777	1,245	1,291
Other Receivables	-	183.1	166.8	60.1	98.9	47.4
Inventory	-	106.4	83	69.9	66.4	50.9
Prepaid Expenses	-	24	22.7	16.8	14.8	10.3
Other Current Assets	72.3	118	88.4	408.6	51.4	16.2
Total Current Assets	4,196	4,295	5,121	5,858	4,778	2,986
Property, Plant & Equipment	18,566	17,597	16,201	15,317	14,560	13,864
Goodwill	-	252.3	251.5	256.5	230.1	230.1
Other Intangible Assets	916.9	614.9	524.3	400	347.8	312.6
Long-Term Investments	-	200.1	193.6	99.5	99.7	79.5
Long-Term Loans Receivable	-	10.9	11	10.4	9.6	9.8
Long-Term Deferred Tax Assets	-	168.7	121	146.6	111.8	64
Other Long-Term Assets	431.3	307	379.5	271.5	493.2	457.3
Total Assets	24,110	23,446	22,803	22,359	20,630	18,004
Accounts Payable	2,059	2,791	3,642	3,247	2,205	2,422
Accrued Expenses	-	183.5	183.2	118	83.1	98.6
Short-Term Debt	900.8	1,314	487.6	1,988	1,090	110.1
Current Portion of Long-Term Debt	1,469	1,368	1,911	1,645	1,391	129.1
Current Unearned Revenue	-	340.7	197.4	120.3	72	89.8
Current Portion of Leases	-	18.3	-	-	-	-
Current Income Taxes Payable	287.8	-	43.8	28.1	-	11.8
Other Current Liabilities	1,349	364.1	344.3	501.8	190.3	159.9
Total Current Liabilities	6,065	6,379	6,809	7,648	5,031	3,022
Long-Term Debt	10,558	9,526	8,596	8,882	10,077	9,616
Long-Term Leases	-	47.3	67.7	36.9	36.9	25
Long-Term Unearned Revenue	-	528.6	-	-	-	-
Pension & Post-Retirement Benefits	-	83.4	75.3	82.8	91.7	107.2
Other Long-Term Liabilities	-21.6	537.9	1,085	997	978.1	1,002
Total Liabilities	16,602	17,103	16,634	17,646	16,215	13,772
Common Stock	7,484	442.2	442.2	442.2	442.2	442.2
Additional Paid-In Capital	-	20	20	20	20	20
Retained Earnings	-	4,134	3,913	3,645	3,403	3,155
Treasury Stock	-	-29.8	-29.5	-19.5	-9.5	-
Comprehensive Income & Other	-	1,758	1,796	594.5	514.3	573.3
Total Common Equity	7,484	6,324	6,142	4,682	4,370	4,190
Minority Interest	24.1	18.9	27.1	31.1	46	41.6
Shareholders' Equity	7,508	6,343	6,169	4,713	4,416	4,232
Total Liabilities & Equity	24,110	23,446	22,803	22,359	20,630	18,004
Total Debt	12,928	12,274	11,062	12,552	12,594	9,880
Net Cash (Debt)	-10,018	-10,533	-8,660	-10,026	-9,294	-8,310
Net Cash Per Share	-	-5.25	-4.31	-4.99	-4.63	-4.14
Filing Date Shares Outstanding	-	2,006	2,006	2,007	2,008	2,010
Total Common Shares Outstanding	-	2,006	2,006	2,007	2,008	2,010
Working Capital	-1,869	-2,084	-1,688	-1,790	-252.3	-35.4
Book Value Per Share	-	2.66	2.57	2.33	2.18	2.08
Tangible Book Value	6,567	5,457	5,366	4,025	3,792	3,648
Tangible Book Value Per Share	-	2.23	2.18	2.01	1.89	1.81
Land	-	232.5	217.7	211.7	210.1	209.8
Buildings	-	2,588	2,403	2,288	2,232	2,066
Machinery	-	22,643	21,212	20,375	19,513	18,741
Construction In Progress	-	2,885	2,581	2,193	1,848	1,556

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