Pirelli & C. 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	926.19	1,503	1,253	1,290	1,885	2,275	Upgrade
Trading Asset Securities	73.25	165.97	228.76	250.18	113.9	59.29	Upgrade
Cash & Short-Term Investments	999.45	1,669	1,482	1,540	1,999	2,335	Upgrade
Cash Growth	5.42%	12.63%	-3.79%	-22.95%	-14.40%	40.81%	Upgrade
Accounts Receivable	997.3	658.2	678.87	671.55	692.13	622.98	Upgrade
Other Receivables	443.34	445.72	422.36	733.78	455.43	473.04	Upgrade
Receivables	1,441	1,104	1,101	1,405	1,148	1,096	Upgrade
Inventory	1,405	1,468	1,371	1,458	1,092	836.44	Upgrade
Other Current Assets	65.45	22.32	13.03	19.38	46.56	17.56	Upgrade
Total Current Assets	3,911	4,263	3,967	4,422	4,285	4,285	Upgrade
Property, Plant & Equipment	3,291	3,428	3,409	3,400	3,289	3,160	Upgrade
Long-Term Investments	218.27	188.41	152.12	155.08	142.41	115.31	Upgrade
Goodwill	-	1,887	1,885	1,885	1,884	1,884	Upgrade
Other Intangible Assets	5,063	3,273	3,379	3,498	3,602	3,698	Upgrade
Long-Term Accounts Receivable	-	6.25	3.99	7.2	6.71	11.17	Upgrade
Long-Term Deferred Tax Assets	218.64	228.74	202.85	176.97	137.64	109.38	Upgrade
Other Long-Term Assets	422.18	407.09	531.85	353.49	537	476.16	Upgrade
Total Assets	13,124	13,681	13,531	13,898	13,883	13,739	Upgrade
Accounts Payable	1,610	2,082	1,999	1,973	1,626	1,317	Upgrade
Accrued Expenses	35.72	328	345.15	347.29	272.16	269.17	Upgrade
Current Portion of Long-Term Debt	1,044	659.2	708.62	726.45	1,408	840.66	Upgrade
Current Portion of Leases	-	105.16	99.1	88.99	91.61	75.4	Upgrade
Current Income Taxes Payable	174.05	63.15	105.19	102.1	134.39	99.51	Upgrade
Current Unearned Revenue	-	6.15	3.21	7.97	4.42	4.2	Upgrade
Other Current Liabilities	364.48	97.13	103.01	96.09	87.07	110.18	Upgrade
Total Current Liabilities	3,228	3,340	3,364	3,342	3,624	2,716	Upgrade
Long-Term Debt	2,390	2,688	2,791	3,294	3,380	4,668	Upgrade
Long-Term Leases	365.9	380.47	383.39	396.5	412.8	390.45	Upgrade
Pension & Post-Retirement Benefits	172.67	184.04	180.22	180.56	220.6	243.93	Upgrade
Long-Term Deferred Tax Liabilities	943.46	990.25	990.87	1,042	1,034	1,007	Upgrade
Other Long-Term Liabilities	164.95	185.07	201.87	189.03	169.17	161.33	Upgrade
Total Liabilities	7,265	7,768	7,911	8,444	8,841	9,187	Upgrade
Common Stock	1,904	1,904	1,904	1,904	1,904	1,904	Upgrade
Retained Earnings	374.63	467.98	479.08	417.76	302.8	29.78	Upgrade
Comprehensive Income & Other	3,413	3,384	3,111	3,002	2,701	2,513	Upgrade
Total Common Equity	5,692	5,756	5,494	5,324	4,908	4,447	Upgrade
Minority Interest	166.88	156.18	125.2	130.03	134.53	104.43	Upgrade
Shareholders' Equity	5,859	5,912	5,620	5,454	5,043	4,552	Upgrade
Total Liabilities & Equity	13,124	13,681	13,531	13,898	13,883	13,739	Upgrade
Total Debt	3,800	3,833	3,982	4,506	5,292	5,975	Upgrade
Net Cash (Debt)	-2,801	-2,164	-2,501	-2,966	-3,294	-3,640	Upgrade
Net Cash Per Share	-2.81	-2.16	-2.50	-2.97	-3.29	-3.64	Upgrade
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000	Upgrade
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000	Upgrade
Working Capital	682.61	922.24	603.52	1,080	660.84	1,569	Upgrade
Book Value Per Share	5.69	5.76	5.49	5.32	4.91	4.45	Upgrade
Tangible Book Value	628.72	596.34	230.61	-59.04	-577.55	-1,135	Upgrade
Tangible Book Value Per Share	0.63	0.60	0.23	-0.06	-0.58	-1.13	Upgrade
Land	-	152.58	150.75	147.98	144.12	147.41	Upgrade
Buildings	-	945.39	910.76	909.18	848.14	787.49	Upgrade
Machinery	-	4,297	4,071	3,647	3,279	2,959	Upgrade

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