Terna S.p.A. (LON:0LBM)

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	2,312	1,378	2,155	1,567	2,689
Short-Term Investments	426.5	362.2	246.8	958.5	611.4
Accounts Receivable	3,195	2,155	2,358	2,777	1,245
Other Receivables	137.8	130.6	166.8	60.1	98.9
Inventory	108.2	75	83	69.9	66.4
Prepaid Expenses	26.7	24	22.7	16.8	14.8
Other Current Assets	48.7	118	88.4	408.6	51.4
Total Current Assets	6,254	4,243	5,121	5,858	4,778
Property, Plant & Equipment	19,237	17,597	16,201	15,317	14,560
Goodwill	250.9	252.3	251.5	256.5	230.1
Other Intangible Assets	731.3	614.9	524.3	400	347.8
Long-Term Investments	97.4	200.1	193.6	99.5	99.7
Long-Term Loans Receivable	10	10.9	11	10.4	9.6
Long-Term Deferred Tax Assets	228.4	168.7	121	146.6	111.8
Other Long-Term Assets	377.3	307	379.5	271.5	493.2
Total Assets	27,187	23,393	22,803	22,359	20,630
Accounts Payable	3,443	2,791	3,642	3,247	2,205
Accrued Expenses	159.6	131	183.2	118	83.1
Short-Term Debt	1,767	1,314	487.6	1,988	1,090
Current Portion of Long-Term Debt	662.5	1,386	1,911	1,645	1,391
Current Unearned Revenue	413.7	340.7	197.4	120.3	72
Current Portion of Leases	18.5	-	-	-	-
Current Income Taxes Payable	112.3	-	43.8	28.1	-
Other Current Liabilities	286.6	364.1	344.3	501.8	190.3
Total Current Liabilities	6,864	6,327	6,809	7,648	5,031
Long-Term Debt	11,417	9,508	8,596	8,882	10,077
Long-Term Leases	40.3	65.6	67.7	36.9	36.9
Long-Term Unearned Revenue	585.4	-	-	-	-
Pension & Post-Retirement Benefits	88	83.4	75.3	82.8	91.7
Other Long-Term Liabilities	647.9	1,067	1,085	997	978.1
Total Liabilities	19,643	17,050	16,634	17,646	16,215
Common Stock	442.2	442.2	442.2	442.2	442.2
Additional Paid-In Capital	20	20	20	20	20
Retained Earnings	4,501	4,134	3,913	3,645	3,403
Treasury Stock	-31.4	-29.8	-29.5	-19.5	-9.5
Comprehensive Income & Other	2,593	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	27,187	23,393	22,803	22,359	20,630
Total Debt	13,906	12,274	11,062	12,552	12,594
Net Cash (Debt)	-11,168	-10,533	-8,660	-10,026	-9,294
Net Cash Per Share	-5.57	-5.09	-4.31	-4.99	-4.63
Filing Date Shares Outstanding	2,006	2,006	2,006	2,007	2,008
Total Common Shares Outstanding	2,006	2,006	2,006	2,007	2,008
Working Capital	-609.7	-2,084	-1,688	-1,790	-252.3
Book Value Per Share	2.84	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	2.35	2.23	2.18	2.01	1.89
Land	242.8	232.5	217.7	211.7	210.1
Buildings	2,715	2,588	2,403	2,288	2,232
Machinery	23,827	22,643	21,212	20,375	19,513
Construction In Progress	3,755	2,885	2,581	2,193	1,848

Updated Nov 6, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.