Pirelli & C. Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	1,503	1,253	1,290	1,885
Trading Asset Securities	-	165.97	228.76	250.18	113.9
Cash & Short-Term Investments	999.45	1,669	1,482	1,540	1,999
Cash Growth	-40.11%	12.63%	-3.79%	-22.95%	-14.40%
Accounts Receivable	-	658.2	678.87	671.55	692.13
Other Receivables	-	445.72	422.36	733.78	455.43
Receivables	-	1,104	1,101	1,405	1,148
Inventory	-	1,468	1,371	1,458	1,092
Other Current Assets	-	22.32	13.03	19.38	46.56
Total Current Assets	-	4,263	3,967	4,422	4,285
Property, Plant & Equipment	-	3,428	3,409	3,400	3,289
Long-Term Investments	-	188.41	152.12	155.08	142.41
Goodwill	-	1,887	1,885	1,885	1,884
Other Intangible Assets	-	3,273	3,379	3,498	3,602
Long-Term Accounts Receivable	-	6.25	3.99	7.2	6.71
Long-Term Deferred Tax Assets	-	228.74	202.85	176.97	137.64
Other Long-Term Assets	-	407.09	531.85	353.49	537
Total Assets	-	13,681	13,531	13,898	13,883
Accounts Payable	-	2,082	1,999	1,973	1,626
Accrued Expenses	-	328	345.15	347.29	272.16
Current Portion of Long-Term Debt	-	659.2	708.62	726.45	1,408
Current Portion of Leases	-	105.16	99.1	88.99	91.61
Current Income Taxes Payable	-	63.15	105.19	102.1	134.39
Current Unearned Revenue	-	6.15	3.21	7.97	4.42
Other Current Liabilities	-	97.13	103.01	96.09	87.07
Total Current Liabilities	-	3,340	3,364	3,342	3,624
Long-Term Debt	-	2,688	2,791	3,294	3,380
Long-Term Leases	-	380.47	383.39	396.5	412.8
Pension & Post-Retirement Benefits	-	184.04	180.22	180.56	220.6
Long-Term Deferred Tax Liabilities	-	990.25	990.87	1,042	1,034
Other Long-Term Liabilities	-	185.07	201.87	189.03	169.17
Total Liabilities	-	7,768	7,911	8,444	8,841
Common Stock	-	1,904	1,904	1,904	1,904
Retained Earnings	-	467.98	479.08	417.76	302.8
Comprehensive Income & Other	-	3,384	3,111	3,002	2,701
Total Common Equity	5,692	5,756	5,494	5,324	4,908
Minority Interest	-	156.18	125.2	130.03	134.53
Shareholders' Equity	5,859	5,912	5,620	5,454	5,043
Total Liabilities & Equity	-	13,681	13,531	13,898	13,883
Total Debt	3,800	3,833	3,982	4,506	5,292
Net Cash (Debt)	-2,801	-2,164	-2,501	-2,966	-3,294
Net Cash Per Share	-2.64	-2.16	-2.50	-2.97	-3.29
Filing Date Shares Outstanding	1,084	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Working Capital	-	922.24	603.52	1,080	660.84
Book Value Per Share	5.69	5.76	5.49	5.32	4.91
Tangible Book Value	628.72	596.34	230.61	-59.04	-577.55
Tangible Book Value Per Share	0.63	0.60	0.23	-0.06	-0.58
Land	-	152.58	150.75	147.98	144.12
Buildings	-	945.39	910.76	909.18	848.14
Machinery	-	4,297	4,071	3,647	3,279

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