BALANCE SHEET

Download Pirelli Financials

Net Invested Capital

€ million

Source of Financing

€ million

€ million
FY 2020
FY 2021
FY 2022
FY 2023
FY 2024
Intangible assets 5,582 5,486 5,383 5,264 5,160
Tangible assets 3,160 3,289 3,400 3,409 3,428
Financial Investments 115 138 129 139 184
Net operating working capital 117 125 121 21 9
Other payables / receivables 23 1 42 46 42
Net Invested Capital 8,998 9,038 9,074 8,879 8,823
Net equity 4,552 5,043 5,454 5,620 5,912
Provisions 1,187 1,088 1,068 998 985
Net financial position 3,258 2,907 2,553 2,262 1,926
Source of financing 8,998 9,038 9,074 8,879 8,823

Net Invested Capital

€ million (reported figures)

Source of Financing

€ million (reported figures)

€ million (reported figures)
1Q 2024
1Q 2025
Intangible assets 5,242 5,133
Tangible assets 3,431 3,385
Financial Investments 154 205
Net operating working capital 900 898
Other payables / receivables 83 -8
Net Invested Capital 9,809 9,613
Net equity 5,869 6,013
Provisions 1,005 977
Net financial position 2,935 2,623
Source of financing 9,809 9,613

Last revised: 14 May 2025

Further information on the company's financial communications is available in the

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