Salvatore Ferragamo 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	Jun '25 Jun 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	155.61	238.19	268.99	391.35	511.8	327.88
Short-Term Investments	51.08	50.41	35.28	10	-	0.28
Cash & Short-Term Investments	206.69	288.61	304.27	401.35	511.8	328.16
Cash Growth	-19.26%	-5.15%	-24.19%	-21.58%	55.96%	47.60%
Accounts Receivable	91.68	97.37	122.43	110.07	125.03	120.12
Other Receivables	30.83	33.64	39.74	37.85	35.33	22.72
Receivables	122.5	131.01	162.17	147.91	160.36	142.84
Inventory	302.57	307.89	298.35	275.32	274.57	341.64
Prepaid Expenses	12.79	7.62	7.3	9.04	9.77	13.11
Other Current Assets	44.71	24.09	16.73	15.53	8.48	14.71
Total Current Assets	689.26	759.21	788.81	849.15	964.97	840.45
Property, Plant & Equipment	638.84	734.19	817.3	671.29	686.9	658.36
Goodwill	6.68	6.68	6.68	6.68	6.68	6.68
Other Intangible Assets	8.11	10.46	13.33	13.2	12.32	13.78
Long-Term Deferred Tax Assets	147.88	145.14	122.35	109.09	105.47	119.66
Long-Term Deferred Charges	20.11	21.41	23.55	21.7	21.1	25.11
Other Long-Term Assets	22.91	23.76	40.92	49.18	51.61	49.92
Total Assets	1,534	1,701	1,813	1,720	1,849	1,714
Accounts Payable	128.73	162.8	172	172.59	180.75	134.09
Accrued Expenses	21.05	28.04	33.5	40.04	33.82	19.72
Current Portion of Long-Term Debt	90.76	116.14	81.41	30.36	76.12	60.4
Current Portion of Leases	115.84	124	114.44	106.59	110.01	103.51
Current Income Taxes Payable	13.03	19.26	12.69	25.22	25.73	25.97
Current Unearned Revenue	5.97	3.46	3.54	4.01	7.29	5.96
Other Current Liabilities	17.11	25.78	22.65	45.31	30.17	15.13
Total Current Liabilities	392.47	479.47	440.23	424.11	463.89	364.78
Long-Term Debt	-	-	-	-	63.52	129.3
Long-Term Leases	495.84	552.34	596.6	468.74	487.23	464.4
Pension & Post-Retirement Benefits	5.61	6.03	6.95	7.58	8.97	11.87
Long-Term Deferred Tax Liabilities	8.83	5.68	6.83	6.07	3.38	6.94
Other Long-Term Liabilities	33.07	37.24	40.15	38.38	36.19	26.97
Total Liabilities	935.82	1,081	1,091	944.88	1,063	1,004
Common Stock	16.88	16.88	16.88	16.88	16.88	16.88
Additional Paid-In Capital	3	3	3	3	3	3
Retained Earnings	597.89	655.56	740.92	782.77	776.03	696.09
Treasury Stock	-53.68	-53.68	-56.22	-58.2	-15.53	-2.78
Comprehensive Income & Other	32.7	-2.67	16.6	7.37	-16.06	-19.61
Total Common Equity	596.79	619.09	721.17	751.81	764.31	693.58
Minority Interest	1.18	1	1	23.6	21.57	16.11
Shareholders' Equity	597.96	620.09	722.16	775.41	785.88	709.7
Total Liabilities & Equity	1,534	1,701	1,813	1,720	1,849	1,714
Total Debt	702.43	792.48	792.45	605.68	736.88	757.61
Net Cash (Debt)	-495.74	-503.87	-488.19	-204.33	-225.08	-429.45
Net Cash Per Share	-2.99	-3.04	-2.95	-1.23	-1.34	-2.55
Filing Date Shares Outstanding	165.68	165.68	165.53	165.53	168.02	168.64
Total Common Shares Outstanding	165.68	165.68	165.53	165.41	168.02	168.64
Working Capital	296.79	279.74	348.58	425.04	501.08	475.67
Book Value Per Share	3.60	3.74	4.36	4.55	4.55	4.11
Tangible Book Value	582	601.95	701.16	731.93	745.31	673.12
Tangible Book Value Per Share	3.51	3.63	4.24	4.42	4.44	3.99
Land	-	28.33	29	29.61	29.37	29.14
Buildings	-	103.52	101.67	100.28	98.96	96.55
Machinery	-	213.05	199.53	189.36	182.57	188.02
Construction In Progress	-	20.83	18.51	8.3	7.95	5.66
Leasehold Improvements	-	315.03	298.25	293.63	290.76	264.08

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