Italgas Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	-	402.66	249.96	451.95	1,392	664.03
Short-Term Investments	-	-	-	-	0.12	0.12
Trading Asset Securities	-	4.73	17.23	16.81	-	-
Accounts Receivable	-	751.97	694.33	315.71	388.61	462.17
Other Receivables	-	151.21	165.21	826.61	204.02	203.19
Inventory	-	57.23	79.05	120.49	105.29	101.18
Prepaid Expenses	-	10.47	8	5.71	4.7	4.73
Other Current Assets	1,494	234.09	168.01	90.83	73.65	58.43
Total Current Assets	1,494	1,612	1,382	1,828	2,168	1,494
Property, Plant & Equipment	455.6	383.33	386.04	379.03	372.11	369.9
Goodwill	-	190.46	190.46	190.46	74.51	67.44
Other Intangible Assets	13,422	8,643	8,582	8,319	7,395	6,988
Long-Term Investments	187.4	186.51	166.23	100.57	35.12	34.22
Other Long-Term Assets	-	956.87	432.97	213.5	106.82	170.94
Total Assets	15,559	11,972	11,140	11,031	10,152	9,124
Accounts Payable	-	249.66	278.31	709.35	300.91	303.02
Accrued Expenses	-	508.76	173.17	175.77	207.28	246.03
Short-Term Debt	674.7	293.71	498.66	3.13	383.27	600.72
Current Portion of Long-Term Debt	-	640.59	501.67	118.03	188.59	77.74
Current Unearned Revenue	-	5.35	4.4	4.17	2.27	2.4
Current Portion of Leases	-	46.27	33.11	21.57	19.63	20.25
Current Income Taxes Payable	-	25.56	20.45	16.11	3.43	34.47
Other Current Liabilities	-	434.91	391.37	337.9	271.8	225.22
Total Current Liabilities	674.7	2,205	1,901	1,386	1,377	1,510
Long-Term Debt	10,318	6,161	5,841	6,352	5,742	4,672
Long-Term Leases	115.3	44.21	45.98	50.48	50.37	56.05
Pension & Post-Retirement Benefits	82.6	61.28	65.33	69.92	95.65	104.62
Long-Term Deferred Tax Liabilities	-	48.35	47.78	91.63	50.79	55.22
Other Long-Term Liabilities	379.4	659.11	637.74	689.47	693.93	748.67
Total Liabilities	11,570	9,179	8,539	8,640	8,010	7,147
Common Stock	3,652	1,004	1,003	1,003	1,002	1,001
Additional Paid-In Capital	-	628.4	626.25	624.45	622.38	620.13
Retained Earnings	-	1,479	1,286	1,104	935.13	796.63
Comprehensive Income & Other	-	-653.58	-635.37	-622.34	-668.11	-680.56
Total Common Equity	3,652	2,458	2,280	2,108	1,891	1,737
Minority Interest	336.2	335.59	320.67	282.31	251.08	239.99
Shareholders' Equity	3,989	2,794	2,601	2,391	2,142	1,977
Total Liabilities & Equity	15,559	11,972	11,140	11,031	10,152	9,124
Total Debt	11,108	7,186	6,920	6,546	6,383	5,427
Net Cash (Debt)	-11,108	-6,778	-6,653	-6,077	-4,992	-4,763
Net Cash Per Share	-10.95	-8.36	-8.21	-7.46	-6.19	-5.94
Filing Date Shares Outstanding	1,015	811.24	810.75	810.25	809.77	809.14
Total Common Shares Outstanding	1,015	811.24	810.75	810.25	809.77	809.14
Working Capital	818.8	-592.44	-519.34	442.08	791	-16
Book Value Per Share	3.60	3.03	2.81	2.60	2.34	2.15
Tangible Book Value	-9,770	-6,375	-6,493	-6,401	-5,578	-5,318
Tangible Book Value Per Share	-9.63	-7.86	-8.01	-7.90	-6.89	-6.57
Land	-	19.42	18.84	14.48	12.74	13.02
Buildings	-	537.28	531.55	455.33	441.82	415.3
Machinery	-	240.27	217.89	153.64	146.7	150.89
Construction In Progress	-	23.16	12.23	8.87	7.37	18.91

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