Telecom Italia S.p.A. (LON:0H6I)

Telecom Italia 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	2,924	2,912	3,555	6,904	4,829
Short-Term Investments	1,539	1,516	1,040	1,515	767
Trading Asset Securities	-	540	537	855	472
Cash & Short-Term Investments	4,463	4,968	5,132	9,274	6,068
Cash Growth	-10.17%	-3.20%	-44.66%	52.83%	47.25%
Accounts Receivable	4,190	3,160	2,960	2,751	2,985
Other Receivables	236	1,100	577	610	595
Receivables	4,426	4,260	3,537	3,361	3,580
Inventory	297	345	322	282	242
Other Current Assets	-	1,307	1,241	1,153	922
Total Current Assets	9,186	10,880	10,232	14,070	10,812
Property, Plant & Equipment	8,027	20,207	19,588	18,158	18,133
Long-Term Investments	415	1,740	2,209	5,170	4,796
Goodwill	11,030	19,170	19,111	18,568	22,847
Other Intangible Assets	6,011	7,122	7,656	7,147	6,740
Long-Term Accounts Receivable	40	112	49	45	43
Long-Term Deferred Tax Assets	513	701	769	3,513	7,496
Long-Term Deferred Charges	-	1,797	1,805	1,833	1,598
Other Long-Term Assets	2,441	430	608	683	769
Total Assets	37,663	62,159	62,027	69,187	73,234
Accounts Payable	7,074	5,441	5,295	5,161	4,133
Accrued Expenses	-	1,416	1,180	895	939
Current Portion of Long-Term Debt	3,870	5,771	5,039	5,945	3,677
Current Portion of Leases	523	838	870	651	631
Current Income Taxes Payable	44	27	34	295	271
Current Unearned Revenue	-	879	899	823	827
Other Current Liabilities	-	1,648	825	2,594	689
Total Current Liabilities	11,511	16,020	14,142	16,364	11,167
Long-Term Debt	8,728	21,284	21,739	23,437	23,655
Long-Term Leases	2,421	4,743	4,597	4,064	4,199
Long-Term Unearned Revenue	-	707	688	723	860
Long-Term Deferred Tax Liabilities	61	83	84	245	277
Other Long-Term Liabilities	1,381	1,298	1,368	1,616	3,512
Total Liabilities	24,302	44,646	43,302	47,148	44,394
Common Stock	11,957	11,677	11,677	11,677	11,677
Additional Paid-In Capital	-	575	2,133	2,133	2,133
Retained Earnings	-	-1,441	-2,925	-8,652	7,224
Treasury Stock	-	-57	-63	-63	-89
Comprehensive Income & Other	-	2,892	4,239	12,319	5,270
Total Common Equity	11,957	13,646	15,061	17,414	26,215
Minority Interest	1,404	3,867	3,664	4,625	2,625
Shareholders' Equity	13,361	17,513	18,725	22,039	28,840
Total Liabilities & Equity	37,663	62,159	62,027	69,187	73,234
Total Debt	15,542	32,636	32,245	34,097	32,162
Net Cash (Debt)	-11,079	-27,668	-27,113	-24,823	-26,094
Net Cash Per Share	-	-1.30	-1.28	-1.17	-1.18
Filing Date Shares Outstanding	-	21,252	21,241	21,241	21,196
Total Common Shares Outstanding	-	21,252	21,241	21,241	21,196
Working Capital	-2,325	-5,140	-3,910	-2,294	-355
Book Value Per Share	-	0.64	0.71	0.82	1.24
Tangible Book Value	-5,084	-12,646	-11,706	-8,301	-3,372
Tangible Book Value Per Share	-	-0.60	-0.55	-0.39	-0.16
Land	-	229	232	232	229
Buildings	-	2,053	2,051	1,960	1,907
Machinery	-	76,604	74,149	70,852	70,125
Construction In Progress	-	1,051	833	842	798

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