Ferrari N.V. (RACE)

Ferrari Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,488	1,122	1,389	1,344	1,362	897.95
Short-Term Investments	8.35	5.57	7.07	1.94	1.45	1.99
Trading Asset Securities	5.23	17.41	36.77	6.05	0.5	0.09
Cash & Short-Term Investments	1,501	1,145	1,433	1,352	1,364	900.02
Cash Growth	39.51%	-20.09%	5.96%	-0.90%	51.59%	12.56%
Accounts Receivable	291.91	261.38	232.41	185	184.26	231.44
Other Receivables	16.32	77.15	95.91	75.58	44.06	69.8
Receivables	308.23	338.53	328.33	260.58	228.32	301.24
Inventory	1,031	948.51	674.66	540.58	460.62	420.05
Prepaid Expenses	-	53.85	42.91	36.08	38.83	39.86
Other Current Assets	205.49	49.01	73.88	30.37	44.16	13.59
Total Current Assets	4,618	3,986	3,953	3,364	3,076	2,641
Property, Plant & Equipment	1,767	1,183	1,219	1,034	896.89	868.26
Long-Term Investments	75.31	67.67	59.53	54.51	42.84	38.72
Goodwill	785.18	785.18	785.18	785.18	785.18	785.18
Other Intangible Assets	1,508	49.8	42.92	31.03	40.82	37.17
Long-Term Deferred Tax Assets	234.44	217.55	203.38	168.76	152.22	73.68
Long-Term Deferred Charges	-	1,370	1,264	1,107	938.47	800.77
Other Long-Term Assets	-	391.79	238.61	318.9	329.74	201.4
Total Assets	8,989	8,051	7,766	6,864	6,262	5,446
Accounts Payable	859.24	930.56	902.97	797.83	713.81	711.54
Accrued Expenses	172.45	277.55	273.29	159.16	117.18	134.57
Current Portion of Long-Term Debt	1,223	724.42	963.48	501.34	872.86	401.13
Current Portion of Leases	25.79	16.45	15.92	14.78	16.37	20.2
Current Income Taxes Payable	152.47	89.27	58.56	112.91	15.9	7.11
Current Unearned Revenue	409.01	62	-	-	-	-
Other Current Liabilities	162.09	144.04	146.06	145.29	109.08	122.6
Total Current Liabilities	3,004	2,280	2,401	1,749	1,862	1,402
Long-Term Debt	1,742	1,680	1,791	2,072	1,790	1,628
Long-Term Leases	105.69	56.6	41.51	41.43	45.92	40.3
Long-Term Unearned Revenue	-	233.68	270.35	256.21	270.83	275.44
Long-Term Deferred Tax Liabilities	128.76	100.87	86.16	78.5	96.18	77.33
Other Long-Term Liabilities	563.45	617.12	558.68	436.28	387.91	513.95
Total Liabilities	5,645	4,981	5,163	4,652	4,473	3,959
Common Stock	2.57	2.57	2.57	2.57	2.57	2.57
Additional Paid-In Capital	-	5,769	5,769	5,769	5,769	5,769
Retained Earnings	3,279	-4,518	-4,541	-4,452	-4,689	-4,849
Comprehensive Income & Other	55.61	1,808	1,363	886.78	703.34	559.43
Total Common Equity	3,337	3,061	2,593	2,206	1,785	1,481
Minority Interest	7.71	9.73	9.63	5.52	4.02	6
Shareholders' Equity	3,345	3,071	2,602	2,211	1,789	1,487
Total Liabilities & Equity	8,989	8,051	7,766	6,864	6,262	5,446
Total Debt	3,096	2,477	2,812	2,630	2,725	2,090
Net Cash (Debt)	-1,595	-1,332	-1,379	-1,278	-1,360	-1,190
Net Cash Per Share	-8.84	-7.34	-7.53	-6.92	-7.34	-6.34
Filing Date Shares Outstanding	179.4	180.42	181.95	183.84	184.75	185.07
Total Common Shares Outstanding	179.4	180.42	181.95	183.84	184.75	185.28
Working Capital	1,615	1,706	1,552	1,615	1,213	1,239
Book Value Per Share	18.60	16.97	14.25	12.00	9.66	7.99
Tangible Book Value	1,043	2,226	1,765	1,390	959.19	658.94
Tangible Book Value Per Share	5.82	12.34	9.70	7.56	5.19	3.56
Land	-	151.23	131.99	50.06	29.39	23.61
Buildings	-	523.15	498.05	486.68	430.46	388.16
Machinery	-	3,206	3,071	2,767	2,545	2,349

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