Terna S.p.A. (TEZNY)

Terna Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,603	2,312	1,378	2,155	1,567	2,689
Short-Term Investments	493.8	426.5	362.2	246.8	958.5	611.4
Accounts Receivable	1,310	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	14.8	48.7	118	88.4	408.6	51.4
Total Current Assets	4,421	6,254	4,243	5,121	5,858	4,778
Property, Plant & Equipment	19,571	19,237	17,597	16,201	15,317	14,560
Goodwill	-	250.9	252.3	251.5	256.5	230.1
Other Intangible Assets	990	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	546.8	377.3	307	379.5	271.5	493.2
Total Assets	25,528	27,187	23,393	22,803	22,359	20,630
Accounts Payable	1,566	3,443	2,791	3,642	3,247	2,205
Accrued Expenses	-	159.6	131	183.2	118	83.1
Short-Term Debt	1,267	1,767	1,314	487.6	1,988	1,090
Current Portion of Long-Term Debt	870.6	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	276.1	112.3	-	43.8	28.1	-
Other Current Liabilities	1,681	286.6	364.1	344.3	501.8	190.3
Total Current Liabilities	5,660	6,864	6,327	6,809	7,648	5,031
Long-Term Debt	12,086	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	-22.3	647.9	1,067	1,085	997	978.1
Total Liabilities	17,723	19,643	17,050	16,634	17,646	16,215
Common Stock	7,785	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	7,785	7,524	6,324	6,142	4,682	4,370
Minority Interest	20.2	19.8	18.9	27.1	31.1	46
Shareholders' Equity	7,805	7,544	6,343	6,169	4,713	4,416
Total Liabilities & Equity	25,528	27,187	23,393	22,803	22,359	20,630
Total Debt	14,223	13,906	12,274	11,062	12,552	12,594
Net Cash (Debt)	-11,127	-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	-1,239	-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	6,795	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.