Ferrari N.V. (2RACE) Balance Sheet

	FY25	FY24	FY23	FY22	FY21	FY20	YoY
Assets
Current Assets	€4.8B	€5.0B	€4.0B	€4.0B	€3.4B	€3.1B	-3.9%
Inventories	€1.1B	€1.1B	€948.5M	€674.7M	€540.6M	€460.6M	+2.4%
Non-Current Assets	€4.8B	€4.5B	€4.1B	€3.8B	€3.5B	€3.2B	+7.3%
Cash & Equivalents	€1.5B	€1.7B	€1.1B	€1.4B	€1.3B	€1.4B	-15.8%
Property, Plant & Equipment	€2.1B	€1.8B	€1.6B	€1.5B	—	—	+12.5%
Goodwill	€785.2M	€785.2M	€785.2M	€785.2M	€785.2M	€785.2M	+0.0%
Intangible Assets	€1.6B	€1.5B	€1.4B	€1.3B	€1.1B	€979.3M	+6.0%
Deferred Tax Assets	€226.0M	€236.8M	€217.6M	€203.4M	€168.8M	€152.2M	-4.6%
Current Tax Assets	€31.7M	€15.9M	€11.6M	—	—	—	+99.2%
Total Assets	€9.6B	€9.5B	€8.1B	€7.8B	€6.9B	€6.3B	+1.4%
Liabilities
Borrowings	€2.9B	€3.4B	€2.5B	€2.8B	€2.6B	€2.7B	-14.0%
Deferred Tax Liabilities	€254.4M	€110.0M	€136.8M	€126.5M	€96.0M	€113.5M	+131.2%
Current Tax Liabilities	€5.0M	€37.9M	€89.3M	€58.6M	€112.9M	€15.9M	-86.9%
Other Liabilities	€1.4B	€1.1B	€1.0B	€952.0M	€726.8M	€687.5M	+25.8%
Equity
Minority Interests	€7.8M	€9.3M	€9.7M	€9.6M	€5.5M	€4.0M	-15.5%
Total Equity	€3.9B	€3.5B	€3.1B	€2.6B	€2.2B	€1.8B	+10.5%

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Ferrari N.V. — Balance Sheet