Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

Ferrari N.V.

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Debt

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Assets	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Cash and Cash Equivalents	1,418.6	1,742.2	1,122	1,388.9	1,344.1	1,362.4	897.9	793.7	647.7	457.8	321.9
Cash and Cash Equivalents
Deposits in FCA Group Cash Management Pools
Short-Term Investments	117.1	25	61.1	87.3	13.5	40.1	11.4	10.2	15.7	16.3	8.6
Current Financial Assets
Total Cash and Cash Equivalents	1,535.7	1,767.2	1,183.1	1,476.2	1,357.6	1,402.5	909.4	803.8	663.4	474.1	330.6
Accounts Receivable	349.9	349.2	261.4	232.4	185	184.3	231.4	211.4	239.4	244	158.2
Trade Receivables
Other Receivables	1,585.7	1,677.6	1,462.8	1,416.1	1,158.3	952	987.5	1,006.7	739.1	791.7	1,189.2
Receivables from Financing Activities
Tax Receivables
Total Trade Receivables	1,935.6	2,026.7	1,724.2	1,648.5	1,343.3	1,136.3	1,219	1,218.1	978.5	1,035.7	1,347.4
Inventories	1,077.6	1,088.2	948.5	674.7	540.6	460.6	420.1	391.1	393.8	324	295.4
Inventories
Other Current Assets	185.9	137.8	130.2	153.2	122.2	76.5	92.8	64.3	45.4	53.7	46.5
Other Current Assets
Total Current Assets	4,734.9	5,019.9	3,986	3,952.5	3,363.7	3,075.9	2,641.2	2,477.3	2,081.1	1,887.5	2,019.8
Total Current Assets
Net Property, Plant & Equipment	2,012.9	1,828.8	1,575.2	1,457.8	1,353.2	1,226.6	1,069.7	850.6	710.3	669.3	626.1
Property, Plant and Equipment
Net Intangible Assets	1,635.5	1,545.7	1,419.7	1,307.4	1,138.2	979.3	837.9	645.8	440.5	354.4	307.8
Intangible Assets
Goodwill	785.2	785.2	785.2	785.2	785.2	785.2	785.2	785.2	785.2	785.2	787.2
Goodwill
Long-Term Investments	92.2	80.8	67.7	59.5	54.5	42.8	38.7	32.1	30	33.9	11.8
Investments and Other Financial Assets
Other Long-Term Assets	221	236.8	217.6	203.4	168.8	152.2	73.7	60.7	94.1	119.4	122.6
Deferred Tax Assets
Total Assets	9,481.6	9,497.1	8,051.3	7,765.8	6,863.5	6,262	5,446.4	4,851.7	4,141.1	3,849.6	3,875.4
Total Assets

Liabilities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Accounts Payable	864.7	945.7	930.6	903	797.8	713.8	711.5	653.8	607.5	614.9	507.5
Trade Payables
Accrued Expenses	1,318.8	1,106.2	1,023	952	726.8	687.5	800	589.7	620.4	656.3	654.8
Other Liabilities
Other Current Liabilities	102.2	37.9	89.3	58.6	112.9	15.9	7.1	7.6	29.2	41.6	125.2
Tax Payables
Total Current Liabilities	2,285.7	2,089.8	2,042.8	1,913.6	1,637.5	1,417.2	1,518.7	1,251.1	1,257	1,312.8	1,287.5
Long-Term Debt	2,870.4	3,351.9	2,477.2	2,811.8	2,630	2,724.7	2,089.7	1,927.2	1,806.2	1,848	2,260.4
Debt
Other Long-Term Liabilities	545.5	512.3	460.7	438	384.6	330.9	350.7	319.6	294	359	346.9
Employee Benefits
Provisions
Deferred Tax Liabilities
Other Financial Liabilities
Total Long-Term Liabilities	3,415.9	3,864.2	2,937.9	3,249.8	3,014.6	3,055.7	2,440.4	2,246.8	2,100.2	2,207	2,607.3
Total Liabilities	5,701.6	5,953.9	4,980.7	5,163.3	4,652.1	4,472.8	3,959.1	3,497.9	3,357.2	3,519.8	3,894.8

Equity	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Common Shareholders' Equity	3,774.1	3,533.9	3,060.9	2,592.9	2,205.9	1,785.2	1,481.3	1,348.7	778.7	325	-25.1
Equity Attributable to Owners of the Parent
Minority Interests and Other	5.9	9.3	9.7	9.6	5.5	4	6	5.1	5.3	4.8	5.7
Non-Controlling Interests
Total Shareholders' Equity	3,780	3,543.2	3,070.6	2,602.5	2,211.4	1,789.2	1,487.3	1,353.8	783.9	329.8	-19.4
Total Equity
Total Liabilities and Shareholders' Equity	9,481.6	9,497.1	8,051.3	7,765.8	6,863.5	6,262	5,446.4	4,851.7	4,141.1	3,849.6	3,875.4
Total Equity and Liabilities