7Baggers

Ferrari N.V
(NYSE:RACE) 

RACE stock logo

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 hypercars; one-off and track cars; and Icona cars. It also provides racing cars; and spare parts and engines, as wel...

Founded: 1947
Full Time Employees: 4,410
Sector: Consumer Cyclical
Industry: Auto Manufacturers

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At a glance:
Bull Thesis:
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Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-30 2016-09-30 2016-06-30 2016-05-06 2016-03-08 2015-12-31 2015-09-30 
                                              
      net revenues
    1,766,156 1,787,553 1,790,750 1,735,541 1,644,439 1,712,059 1,584,629 1,523,400 1,544,032 1,473,708 1,429,006 1,367,967 1,249,814 1,291,491 1,185,982 1,172,001 1,053,225 1,034,388 1,011,280 1,068,810 887,970 570,813 932,197 927,641 915,314 983,598 940,062 845,485 838,180 905,652 831,004 839,933 835,915 920,442 820,600 835,533 783,487 810,611 675,453 2,854,369 744,486 723,146 
      cost of sales
    882,180 846,590 857,491 864,215 827,074 856,561 781,633 779,780 778,749 726,312 711,036 726,593 655,264 678,894 588,202 574,880 524,178 498,091 483,464 510,695 425,577 299,240 450,812 437,861 425,457 480,385 461,607 399,703 400,994 431,430 390,778 399,234 395,710 458,223 397,693 429,788 395,876 421,029 332,997 1,498,806 404,791 372,277 
      selling, general and administrative costs
    160,332 159,970 149,069 159,358 134,929 142,883 123,974 116,512 118,632 113,369 114,067 128,235 106,292 103,483 89,964 113,090 82,340 80,984 71,610 102,273 76,745 78,105 79,003 87,752 96,153 90,601 68,673 87,076 86,874 87,017 66,374 74,270 90,585 91,633 72,577 63,910 76,574 94,335 60,423 338,626 106,333 80,193 
      research and development costs
    222,172 224,991 232,791 246,101 212,490 204,359 231,142 252,684 220,909 193,874 214,092 212,138 182,294 183,675 197,465 228,638 170,843 179,753 188,870 202,605 157,372 166,171 181,237 181,929 162,374 170,169 184,739 160,603 143,634 166,158 172,643 174,833 147,339 162,784 172,163 171,293 137,315 146,833 158,194 561,582 140,655 129,821 
      other expenses
    2,200      7,322                        -8,808 -1,997 588 6,646 1,630   2,269 2,590    
      result from investments
    2,937 2,820 2,598 2,602 2,196 1,931 1,516 1,864 1,235 1,468 1,570 1,057 1,459 1,779 1,880 2,146 1,569 1,745 1,436 1,093 1,096 1,182 1,276 1,121 1,011 422 968 715 604 1,433 -87 628 596 611 602        
      operating profit
    502,209 552,368 542,262 467,934 466,617 511,126 442,074 372,327 423,116                                  
      yoy
    7.63% 8.07% 22.66% 25.68% 10.28%                                      
      qoq
    -9.08% 1.86% 15.88% 0.28% -8.71% 15.62% 18.73% -12.00%                                   
      financial income
    22,856 74,636 45,536 49,198 30,615 35,201 32,086 27,379 25,456 45,113 34,371                                
      financial expenses
    35,687 82,008 59,528 44,833 31,502 35,668 33,892 31,921 23,372 53,403 38,638                                
      profit before taxes
    489,378 544,996 528,270 472,299 465,730 510,659 440,268 367,785 425,200 428,717 380,652 280,815 284,494 313,215 299,242 261,186 259,863 264,099 257,083 239,396 208,639 11,785 207,215 209,586 211,195 228,844 225,739 186,714 196,836 213,802 205,592 189,871 194,192 188,492 173,601 152,456 161,477 141,126 112,294 434,169 80,170 141,956 
      income tax expense
    107,662 119,900 116,219 86,795 90,817 97,377 88,054 73,292 93,544 94,318 83,743 59,081 56,899 62,643 59,849 46,638 53,009 58,032 51,416 -23,096 37,451 2,357 41,443 43,500 42,240 45,768 45,148 -3,402 -91,001 53,462 57,258 53,000 53,650 52,715 49,395 41,507 48,159 43,270 34,699 144,115 25,497 47,554 
      net profit
    381,716 425,096 412,051 385,504 374,913 413,282 352,214 294,493 331,656 334,399 296,909 221,734 227,595 250,572 239,393 214,548 206,854 206,067 205,667 262,492 171,188 9,428 165,772 166,086 168,955 183,076 180,591 190,116 287,837 160,340 148,334 136,871 140,542 135,777 124,206 110,949 113,318 97,856 77,595 290,054 54,673 94,402 
      net profit attributable to:
                                              
      owners of the parent
    381,324 424,266 411,643 384,216 374,173 412,114 351,374 293,506 329,821 333,189 295,532 219,862 225,767 249,015 237,970 214,255 205,778 205,811 204,923 262,120 170,750 8,943 166,004 167,572 167,851 182,110 178,285 189,851 286,922 160,270 147,635 135,643 140,146 135,938 123,666 110,926 112,856 97,643 77,337 287,816 54,217 93,965 
      non-controlling interests
    392 830 408 1,288 740 1,168 840 987 1,835 1,210 1,377 1,872 1,828 1,557 1,423 293 1,076 256 744 372 438 485 -232 -1,486 1,104 966 2,306 265 915 70 699 1,228 396 -161 540 23 462 213 258 2,238 456 437 
      basic earnings per common share
    2.14 2.38 2.3 2.15 2.08 2.29 1.95 1.63 1.82 1.84 1.63 1.21 1.24 1.36 1.3 1.16 1.12 1.11 1.11 1.42 0.92 0.05 0.9 0.91 0.9 0.97 0.95 1.01 1.52 0.85             
      diluted earnings per common share
    2.14 2.38 2.3 2.15 2.08 2.29 1.95 1.62 1.82 1.83 1.62 1.21 1.23 1.36 1.29 1.17 1.11 1.11 1.11 1.42 0.92 0.04 0.9 0.9 0.9 0.96 0.95 1.51 0.85             
      other incomes/(income)
     6,454                                         
      other incomes
      11,735 535 5,525                                      
      financial expenses/(income)
       790 887   2,618.25 -2,084                                  
      other (income)/expenses
         -939                                   810.25 -547 
      other expenses/(income)
           3,734.25 3,861 4,614 6,462 3,327 8,661 4,576 4,984 -7,458 7,066 3,491 2,462 3,712 7,341 5,377 2,130 836.5 5,517 4,271  -105.25 4,160 4,227      1,520.5 1,223   11,035   
      ebit
             437,007 384,919 298,731 298,762 322,642 307,247 264,997 270,367 273,814 266,310 250,703 222,031 23,102 220,291 219,575 226,824 238,594 232,453 195,202 203,122 218,253 209,930 194,221 202,289 201,767 177,139 155,189 172,499 146,145 121,249 444,320 84,913 141,402 
      net financial expenses
             8,290 4,267 17,916 14,268 9,427 8,005 3,811 10,504 9,715 9,227 11,307 13,392 11,317 13,076 9,989 15,629 9,750 6,714 8,488 6,286 4,451 4,338 54,170 -8,097 -13,275 -3,538   -5,019     
      other income
                              6,442                
      basic and diluted earnings per common share
                                  0.78 0.528 0.74 0.72 0.65 0.59 0.59 0.52 0.41 1.52   
      net financial (expenses)/income
                                       -2,733 -11,022  -8,955 -10,151   
      net financial income/
                                            -1,352 554 
      profit from continuing operations
                                            58,845.25 94,402 
      basic and diluted earnings per ordinary share
                                            0.31 0.5 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2016-03-08 2015-09-30 
                                               
        assets
                                               
        goodwill
      785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 785,182 787,178  787,178 
        intangible assets
      1,635,526 1,613,696 1,580,523 1,545,664 1,508,356 1,479,552 1,436,633 1,419,699 1,380,773 1,370,667 1,329,944 1,307,388 1,253,571 1,221,535 1,171,217 1,138,173 1,103,381 1,061,585 1,012,584 979,290 923,345 890,056 858,010 837,938 778,651 736,071 678,957 645,797 567,938 513,421 472,320 440,456 392,301 369,586 356,769 354,394 346,566 340,485 324,363  285,531 
        property, plant and equipment
      2,012,859 1,964,978 1,921,511 1,828,784 1,767,437 1,709,356 1,632,616 1,575,200 1,491,444 1,451,756 1,442,308 1,457,825 1,374,958 1,340,131 1,340,431 1,353,165 1,294,626 1,245,484 1,238,924 1,226,630 1,161,643 1,140,046 1,140,055 1,069,652 996,116 977,184 936,771 850,550 776,784 750,753 736,436 710,260 683,799 676,278 674,777 669,283 640,468 631,775 620,762 55 596,720 
        investments and other financial assets
      92,193 89,337 84,166 80,822 75,312 72,253 69,231 67,671 65,648 66,203 63,674 59,534 58,768 58,251 57,513 54,509 49,019 46,908 44,377 42,841 40,721 38,806 36,816 38,716 36,910 35,119 33,793 32,134 32,451 31,841 29,427 30,038 29,566 28,864 28,074 33,935 12,275 13,049 12,799  12,863 
        deferred tax assets
      220,979 243,891 247,082 236,791 234,435 253,277 221,888 217,553 214,543 225,644 210,739 203,382 200,229 213,638 193,397 168,757 163,021 159,873 154,380 152,221 54,846 59,466 61,328 73,683 63,329 70,612 66,533 60,744 59,520 81,328 93,050 94,091 109,863 116,472 134,308 119,357 101,386 103,228 107,269 23 132,507 
        total non-current assets
      4,746,739 4,697,084 4,618,464 4,477,243 4,370,722 4,299,620 4,145,550 4,065,305 3,937,590 3,899,452 3,831,847 3,813,311 3,672,708 3,618,737 3,547,740 3,499,786 3,395,229 3,299,032 3,235,447 3,186,164 2,965,737 2,913,556 2,881,391 2,805,171 2,660,188 2,604,168 2,501,236 2,374,407 2,221,875 2,162,525 2,116,415 2,060,027 2,000,711 1,976,382 1,979,110 1,962,151 1,885,877 1,873,719 1,852,371 8,778,201 1,814,799 
        inventories
      1,077,638 1,126,253 1,094,307 1,088,194 1,031,451 1,081,470 992,959 948,514 897,569 898,763 763,636 674,662 647,184 642,704 574,438 540,575 513,299 533,444 485,098 460,617 458,241 452,767 403,975 420,051 390,848 400,939 398,337 391,064 384,438 424,637 426,049 393,765 363,912 380,331 358,563 323,998 293,671 314,810 299,686 4,025 301,694 
        trade receivables
      349,945 416,844 411,210 349,176 291,908 329,718 364,842 261,380 299,374 313,112 285,484 232,414 244,070 281,642 289,079 185,000 226,215 237,982 248,966 184,260 290,821 252,134 263,524 231,439 250,060 264,043 240,785 211,399 207,225 246,543 253,953 239,410 239,410 251,435 277,787 243,977 259,167 230,609 186,586 4,102 135,620 
        receivables from financing activities
      1,557,067 1,518,546 1,600,599 1,661,632 1,531,018 1,569,041 1,501,569 1,451,158 1,495,539 1,428,234 1,399,221 1,399,997 1,483,002 1,352,472 1,190,615 1,143,968 1,095,897 1,021,093 1,014,437 939,607 967,837 989,394 978,291 966,448 980,765 918,555 913,511 878,496 829,937 803,999 721,443 732,947 748,123 760,775 776,020 790,377 710,895 708,780 1,123,265  1,198,727 
        tax receivables
      28,635 18,564 17,327 15,918 16,319 24,163 12,935 11,616                                  
        other current assets
      185,935 212,200 207,474 137,763 166,490 202,332 203,657 130,228 137,391 191,591 195,107 153,183 126,253 151,873 145,636 122,224 93,994 98,596 99,649 76,471 94,880 95,391 121,279 92,830 107,769 108,776 93,400 64,295 73,920 79,754 78,428 45,441 77,552 86,706 81,304 53,729 77,510 71,966 70,568 3,384 68,762 
        current financial assets
      117,059 143,436 48,427 25,006 52,580 51,096 60,145 61,130 97,756 93,176 86,324 87,301 72,870 53,926 42,036 13,500 7,988 12,252 14,662 40,084 37,123 22,858 23,878 11,409 8,202 12,036 18,392 10,174 13,137 9,527 14,977 15,683 22,129 23,171 9,587 16,276 24,341 32,492 23,300  7,950 
        cash and cash equivalents
      1,418,621 1,518,454 1,914,788 1,742,214 1,528,690 1,332,131 1,366,223 1,121,981 1,012,444 1,110,441 1,441,137 1,388,901 1,362,815 1,205,872 1,493,636 1,344,146 1,273,119 922,264 980,309 1,362,406 1,178,616 1,111,678 880,341 897,946 871,399 881,205 1,062,395 793,664 753,362 649,533 743,030 647,706 618,874 422,890 569,327 457,784 482,389 585,292 563,442 8,100 190,081 
        total current assets
      4,734,900 4,954,297 5,294,132 5,019,903 4,618,456 4,589,951 4,502,330 3,986,007 3,956,592 4,050,985 4,189,743 3,952,512 3,954,131 3,702,055 3,748,680 3,363,719 3,217,859 2,831,383 2,850,062 3,075,883 3,038,296 2,945,448 2,686,503 2,641,201 2,679,892 2,673,802 2,829,588 2,477,326 2,392,883 2,216,959 2,244,270 2,081,077 2,072,716 1,927,672 2,076,393 1,887,453 1,856,825 1,954,099 2,276,168 114,738 3,129,709 
        total assets
      9,481,639 9,651,381 9,912,596 9,497,146 8,989,178 8,889,571 8,647,880 8,051,312 7,894,182 7,950,437 8,021,590 7,765,823 7,626,839 7,320,792 7,296,420 6,863,505 6,613,088 6,130,415 6,085,509 6,262,047 6,004,033 5,859,004 5,567,894 5,446,372 5,340,080 5,277,970 5,330,824 4,851,733 4,614,758 4,379,484 4,360,685 4,141,104 4,073,427 3,904,054 4,055,503 3,849,604 4,219,305 4,321,338 4,128,539 8,892,939 4,944,508 
        equity and liabilities
                                               
        equity attributable to owners of the parent
      3,774,076 3,541,779 3,569,629 3,533,946 3,336,951 3,099,842 3,274,583 3,060,888 2,834,516 2,725,295 2,801,495 2,592,857 2,402,172 2,258,072 2,332,059 2,205,898 2,055,693 1,909,521 1,943,473 1,785,186 1,517,346 1,340,540 1,529,709 1,481,290 1,386,846 1,376,735 1,473,536 1,348,722 1,226,048 924,134 894,170 778,678 645,861 510,138 475,652      2,701,730 
        non-controlling interests
      5,936 5,511 5,043 9,292 7,713 7,037 5,836 9,734 8,880 6,884 6,030 9,630 8,260 6,413 4,785 5,518 5,037 3,838 4,950 4,018 3,677 6,162 5,793 5,998 7,494 6,348 7,686 5,117 4,794 4,017 3,943 5,258 4,028 4,918 5,320 4,810 4,647 4,228 5,747  5,224 
        total equity
      3,780,012 3,547,290 3,574,672 3,543,238 3,344,664 3,106,879 3,280,419 3,070,622 2,843,396 2,732,179 2,807,525 2,602,487 2,410,432 2,264,485 2,336,844 2,211,416 2,060,730 1,913,359 1,948,423 1,789,204 1,521,023 1,346,702 1,535,502 1,487,288 1,394,340 1,383,083 1,481,222 1,353,839 1,230,842 928,151 898,113 783,936 649,889 515,056 480,972     5,961,095 2,706,954 
        employee benefits
      116,712 81,564 121,903 134,147 101,275 77,916 111,497 123,045 101,576 68,599 102,076 110,807 93,374 63,908 91,530 101,200 83,264 57,558 66,298 59,985 54,533 55,934 65,051 88,116 76,883 47,176 62,226 86,575 83,409 74,551 85,225 84,159 98,602 85,587 87,326 91,024 93,349 81,521 79,855  74,494 
        provisions
      184,190 195,717 211,841 206,212 200,275 185,360 189,679 187,276 185,522 183,920 185,978 180,694 179,718 175,365 155,748 150,868 156,802 145,630 154,041 155,335 157,240 156,698 158,814 165,572 161,096 170,615 176,272 182,539 182,239 183,867 183,546 197,392 212,053 211,818 208,818 215,227 163,195 154,902 143,921  141,670 
        deferred tax liabilities
      240,614 226,387 154,099 110,016 128,760 128,314 126,945 136,846 107,929 131,875 129,672 126,507 87,020 102,023 103,597 95,973 95,928 115,081 103,902 113,474 97,378 107,072 91,715 82,208 62,815 65,632 45,197 39,142 9,820 10,215 10,011 10,977 12,394 12,567 13,100 13,111 16,131 16,045 24,583 25 19,562 
        debt
      2,870,404 3,157,902 3,334,095 3,351,888 3,095,780 3,129,116 2,622,786 2,477,186 2,541,969 2,681,136 2,707,513 2,811,779 2,904,785 2,765,070 2,654,855 2,630,011 2,591,327 2,360,104 2,282,967 2,724,745 2,740,492 2,757,067 2,141,632 2,089,737 2,108,141 2,048,192 2,064,252 1,927,167 1,887,553 1,853,095 1,822,421 1,806,181 1,798,313 1,754,668 1,870,124 1,848,041 2,198,935 2,482,820 2,442,221  579,154 
        other liabilities
      1,318,813 1,467,995 1,458,236 1,106,221 1,096,066 1,182,218 1,216,805 1,022,967 1,081,259 1,097,273 1,076,617 952,025 960,320 985,304 936,430 726,775 778,047 743,305 772,117 687,462 771,295 801,805 880,363 800,015 872,184 840,544 814,287 589,743 621,148 660,544 649,000 620,350 663,642 672,369 636,333 656,275 753,463 698,362 638,235  631,504 
        other financial liabilities
      4,012 1,847 17,727 61,894 10,654 23,547 21,558 13,539 38,225 18,782 6,577 19,993 106,897 70,959 37,340 36,520 27,873 14,933 16,436 2,140 5,690 5,524 20,597 14,791 30,366 12,754 25,363 11,342 8,358 8,880 3,374 1,444 1,772 499 23,441 39,638 20,663 42,170 50,077  119,418 
        trade payables
      864,661 931,015 906,161 945,657 859,235 940,375 902,324 930,560 812,800 937,841 860,736 902,968 762,651 791,722 797,358 797,832 693,945 720,904 687,505 713,807 639,978 625,867 664,239 711,539 607,794 686,327 646,652 653,751 546,858 628,568 628,045 607,505 543,002 603,189 631,769 614,888 535,794 574,390 500,868 5,077 448,568 
        tax payables
      102,221 41,664 133,862 37,873 152,469 115,846 175,867 89,271                                96  
        total equity and liabilities
      9,481,639 9,651,381 9,912,596 9,497,146 8,989,178 8,889,571 8,647,880 8,051,312 7,894,182 7,950,437 8,021,590 7,765,823 7,626,839 7,320,792 7,296,420 6,863,505 6,613,088 6,130,415 6,085,509 6,262,047 6,004,033 5,859,004 5,567,894 5,446,372 5,340,080 5,277,970 5,330,824 4,851,733 4,614,758 4,379,484 4,360,685 4,141,104 4,073,427 3,904,054 4,055,503     8,892,939 4,944,508 
        current tax receivables
              16,519 15,668 18,834 16,054 17,937 13,566 13,240 14,306 7,347 5,752 6,941 12,438 10,778 21,226 15,215 21,078 70,849 88,248 102,768 128,234 130,864 2,966 6,390 6,125 2,716 2,364 3,805 1,312 8,852 10,150 9,321  11,248 
        current tax payables
              181,506 98,832 144,896 58,563 121,642 101,956 182,718 112,910 125,172 59,541 53,820 15,895 16,404 2,335 9,981 7,106 26,461 23,647 15,353 7,635 44,531 31,613 80,950 29,160 93,760 48,301 103,620 41,595 186,111 144,611 154,088  223,184 
        deposits in fca group cash management pools
                                              1,215,627 
        equity/(deficit) and liabilities
                                               
        equity/(deficit) attributable to owners of the parent
                                         324,995 229,006 106,156 88,944   
        total equity/
                                         329,805 233,653 110,384 94,691   
        total equity/(deficit) and liabilities
                                         3,849,604 4,219,305 4,321,338 4,128,539   
        assets held for sale
                                          476,603 493,520    
        liabilities held for sale
                                          18,011 16,133    
        investments in subsidiaries
                                             8,778,123  
        financial receivables
                                             95,127  
        share capital
                                             3,778  
        share premium
                                             5,975,434  
        retained deficit
                                             -18,117  
        non-current debt
                                             1,261,897  
        total non-current liabilities
                                             1,261,922  
        current debt
                                             1,661,769  
        other current liabilities
                                             2,980  
        total current liabilities
                                             1,669,922  
        total liabilities
                                             2,931,844  
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-05-06 2016-03-31 2015-12-31 
                                                 
          cash and cash equivalents at the beginning of the period
                                                
          cash flows from operating activities:
                                                 
          net profit
        381,716 425,096 412,051 385,504 374,913 413,282 352,214                                   
          income tax expense
        107,662 119,900 116,219 86,795 90,817 97,377 88,054                                   
          amortization and depreciation
        167,416 156,605 150,994 174,364 171,265 158,344 162,804 186,057 172,608 151,797 151,843 171,006 136,015 123,702 115,502 132,731 100,875 112,783 109,600 120,285 108,137 101,637 96,578 114,219 83,568 75,750 78,409 78,606 75,260 72,438 62,444 63,706 63,664 68,478 64,758 67,260 62,356 61,658 56,443 56,443 72,015 
          provision accruals
        5,757 5,187 24,012 23,182 32,121 12,443 13,800 18,768 16,952 11,780 17,334 14,507 15,396 28,060 14,368 2,743 21,796 55 5,690 9,241 9,808 5,569 1,187 11,318 2,226 5,422 -4,713 8,911 3,960   -8,428 5,341 15,607 953 46,871 10,745 16,770 8,032 8,032 16,861 
          result from investments
        -2,937 -2,820 -2,598 -2,602 -2,196 -1,931 -1,516 -1,864 -1,235 -1,468 -1,570 -1,057 -1,459 -1,779 -1,880 -2,146 -1,569 -1,745 -1,436 -1,093 -1,096 -1,182 -1,276 -1,121 -1,011 -422 -968 -715 -604   -628 -596 -611 -602       
          financial income
        -22,856 -74,636 -45,536 -49,198 -30,615 -35,201 -32,086                                   
          financial expenses
        35,687 82,008 59,528     136,861                                  
          other non-cash expenses
        33,086 12,620 12,639 20,533 6,282 39,857 25,237 22,062 14,631 27,197 15,923 22,315 3,891 11,941 8,506 2,926 4,557 4,836 11,622 11,818 9,278 17,386 467 8,519 13,843 6,728 9,473  19,236 -3,717 12,742    27,495       
          change in inventories
        51,668 -59,832 -9,321 -46,546 46,238 -104,907 -52,311 -59,572 1,450 -150,586 -100,856 -48,077 -3,541 -65,039 -37,233 -24,432 20,360 -51,289 -25,948 -11,471 -10,895 -56,682 11,251 -33,197 9,502 -6,403 -10,529 -9,838 38,621 4,203 -37,624 -33,566 10,785 -29,453 -36,249 -27,475 16,839 -16,716 -5,835 -5,835 8,037 
          change in trade receivables
        76,634 -12,837 -69,253 -60,299 37,878 32,563 -104,171 36,983 14,541 -30,667 -54,238 5,259 42,042 -6,410 -89,291 42,214 9,217 14,145 -63,805 109,350 -45,570 -17,592 -1,711 13,585 16,266 -41,203 -11,025 -5,780 39,512 8,762 -15,604 -1,328 10,563 22,911 -33,891 14,187 -29,187 -46,339 -27,508 -27,508 -19,333 
          change in trade payables
        -69,373 49,708 -19,589 73,408 -76,427 38,178 -27,487 124,673 -130,260 84,392 -35,528 158,362 -36,822 -13,670 -3,889 98,139 -29,264 34,159 -30,466 79,974 18,909 -44,230 -46,059 107,213 -86,581 42,188 -8,880 103,086 -80,820 -5,536 23,587 70,228 -55,791 -1,994 16,890 72,429 -35,509 69,809 -566 -566 54,690 
          change in receivables from financing activities
        -46,186 -44,255 -6,430 -12,275 -33,469 -54,281 -18,662 -18,680 -31,943 -29,044 -27,580 -46,882 -40,826 -77,534 -22,648 -23,285 -46,900 -21,146 -31,415 -18,509 -25,117 -34,111 8,361 -18,493 -21,303 -17,917 -18,981 -35,605 -21,983 -41,735 -8,030 2,993 -13,506 -36,084 2,474 421,150 -2,662 -31,259 17,339 17,339 39,337 
          change in other operating assets and liabilities
        -81,629 -66,573 248,222 31,945 -5,073 -124,534 77,617 -4,652 33,216 -41,993 62,071 -13,715 13,421 -2,041 142,343 -79,422 63,852 -62,853 48,583 -61,631 -19,454 -43,591 -12,637 -42,913 56,099 1,083 131,278 -23,852 -29,118 -11,492 -18,551 -32,439 15,587 2,517 -58,468 -69,981 51,304 66,592 -40,766 -40,766 41,831 
          finance income received
        8,072 10,047 12,281 13,329 12,604 12,423 11,317 10,066 8,189 8,289 5,888 -5,144 8,079 1,632 591 501 433 447 298 458 312 544 795 1,008 719 -287 1,834 932 -2,641 3,687 679 750 -1 518 3,135       
          finance costs paid
        -45,285 -38,137 -29,881 819 -12,154 -22,045 -16,974 -17,846 -12,246 -32,006 -21,145 -13,050 -3,347 -9,325 -11,629 723 -5,115 -11,709 -13,101 -14,001 -13,657 -14,180 -12,589 -13,714 -12,080 -6,926 -9,880 -2,050 -2,874 3,658 -12,700 -4,285 -6,222 -11,835 -13,880       
          income tax paid
        -11,097 -167,184 -6,421 -188,773 -32,465 -181,521 -7,027 -140,793 -7,926 -140,227 -3,517 -111,031 -27,667 -156,532 -9,462 -60,059 -4,236 -42,787 -1,919 -64,222 -21,530 -3,731 -1,568 -9,206 -10,026 -10,189 -4,059 1,364 -3,140 -82,543 -3,426 -104,938 -570 -101,603 -8,375 -190,525 -6,780 -51,123 -3,598 -3,598 -118,139 
          total cash flows from operating activities
        588,335 394,897 846,917 495,019 611,221 315,715 504,701 527,529 501,093 294,471 393,544 431,224 403,944 155,647 412,525 355,630                          
          cash flows from investing activities:
                                                 
          investments in property, plant and equipment
        -115,693 -120,162 -109,074 -140,615 -124,882 -134,954 -81,826 -170,187 -96,008 -73,951 -41,616 -160,797 -95,339 -52,125 -39,464 -125,547 -100,165 -62,950 -63,654 -127,026 -72,220 -52,038 -105,734 -137,708 -65,142 -82,605 -66,699 -120,598 -65,440 -52,660 -62,096 -66,864 -43,466 -38,051 -40,523 -64,938 -40,555 -44,786 -25,368 -25,368 -65,818 
          investments in intangible assets
        -114,789 -118,824 -114,713 -136,463 -124,236 -133,421 -112,754 -145,539 -108,759 -124,458 -108,392 -148,572 -103,455 -113,920 -90,947 -105,468 -89,023 -103,523 -86,813 -117,109 -85,810 -80,780 -68,279 -115,002 -79,844 -90,169 -68,443 -114,262 -89,350 -75,007 -58,923 -74,656 -50,614 -45,100 -32,136 -41,395 -34,925 -47,376 -42,644 -42,644 -55,857 
          change in investments and other financial assets
        -458                                      747 
          proceeds from the sale of property, plant and equipment and intangible assets
        311 12 1,835 66 113 27   56 1,121 333 -560 801 2,826 249 555 775    216 2,206 982 698 653 738 234 -28 448   1,450 383 -613 786    
          proceeds from the sale of securities
            463                                   
          total cash flows from investing activities
              -194,090 -315,651 -203,561 -198,353 -148,887 -309,036 -198,790 -166,605 -130,977 -228,189                          
          cash flows from financing activities:
                                                 
          repayments of bonds and notes
                                                
          proceeds from bonds and notes
                                             
          repayments of borrowings from banks and other financial institutions
        -330,833 -8,333 -30,833 -8,318 -30,833 -34,706 -30,833 -20,834                                  
          proceeds from borrowings from banks and other financial institutions
          150,000 75,000                                  
          repayments of securitizations
        -9,898 -9,616 -13,028 -228,555 -2,041 -13,053                                   
          proceeds from securitizations
        27,427 47,903 24,618 220,775 42,368 41,212 36,144                                   
          repayments of lease liabilities
        -5,777 -4,015 -6,224 -6,640 -5,241 -6,231 -3,889                -3,379                   
          repayments of other debt
        -2,304 -17,926 -6,992 -5,472 -1,992 -20,616 -13,217                                   
          proceeds from other debt
        27,441 1,136 10,042 18,689 10,634 2,947 18,752                                   
          dividends paid to owners of the parent
        -31,808   -1,801 -24,592   -1,216 -19,949   -1,034 -17,381   -356 -10,652   31 -13,083   -11,552                
          dividends paid to non-controlling interests
                                             
          share repurchases
        -132,373 -423,676 -150,522 -146,790 -147,455 -136,317 -86,230 -194,809 -82,825 -96,765 -95,320 -85,011 -81,113 -135,078 -65,746 -55,605 -81,432 -28,116 -129,793 -83,464 -153,255 -99,340 -50,690               
          total cash flows from financing activities
              -67,413 -99,015 -397,878 -423,190 -189,324  -52,011 -281,079 -134,762                           
          translation exchange differences
        432 -8,404 -4,017 6,055 -2,335 684 1,044 -3,326 2,349 -3,624 -3,097 -10,394 3,800 4,273 2,704 4,599 2,940 -753 4,638 -2,265 -1,909 -2,900 1,667 -1,794 2,324 -4,257 4,518 1,523 -2,048 1,929 -452 52 -1,595 -6,048 -781 2,550 -2,494 4,812 -3,639 -3,639 3,165 
          total change in cash and cash equivalents
        -99,833 -396,334 172,574 213,524 196,559 -34,092 244,242 109,537 -97,997 -330,696 52,236 26,086 156,943 -287,764 149,490 71,027 350,855 -58,045 -382,097 183,790 66,938 231,337 -17,605 26,549 -9,808 -181,190 268,731 40,302 103,829 -93,497 95,324 28,832 195,984 -146,437 111,543 -33,172 -114,213 41,727 380,689 380,689 -7,328 
          cash and cash equivalents at the end of the period
        -99,833                                         
          cash flows used in investing activities:
                                                 
          total cash flows used in investing activities
         -238,675 -224,233 -275,706 -249,052                                     
          cash flows used in financing activities:
                                                 
          total cash flows used in financing activities
         -544,152 -446,093 -11,844 -163,275                                     
          cash and cash equivalents at beginning of the period
          1,742,214  1,121,981  1,388,901  1,344,146  1,362,406  897,946  793,664  647,706  457,784  182,753 182,753  
          cash and cash equivalents at end of the period
          1,914,788  196,559 -34,092 1,366,223  -97,997 -330,696 1,441,137  156,943 -287,764 1,493,636  350,855 -58,045 980,309  66,938 231,337 880,341  -9,808 -181,190 1,062,395  103,829 -93,497 743,030  195,984 -146,437 569,327  -102,903 21,850 563,442 563,442  
          cash and cash equivalents at the beginning of the year
                                                 
          investments in joint ventures
                   -1,367                           
          cash and cash equivalents at the end of the year
                                                 
          finance expense
            31,502                                     
          finance expenses
              33,892                                   
          profit before taxes
                425,200 428,717 380,652 280,815 284,494 313,215 299,242 261,186 259,863 264,099 257,083 239,396 208,639 11,785 207,215 209,586 211,195 228,844 225,739 186,714 196,836 213,802 205,592 189,871 194,192 188,492 173,601 152,456 161,477 141,126 112,294 112,294 80,170 
          proceeds from the sale of property, plant and equipment
                                                 
          repayment of bonds and notes
                -191,097 -384,605     -500,000                       
          proceeds from securitizations net of repayments
                30,443    62,789    45,364 -15,191 34,114  23,376 -15,909 26,758  46,775 -596 43,206      63,517         
          net change in other debt
                12,872 -10,916 -6,891 7,166 -8,403 7,865 4,613 7,206 -1,027 -2,851 -11,365 14,842 -6,472 11,862 -2,151 5,478 -9,278 -6,795 22,917 4,183 -2,711 -15,037 5,577 2,593 1,265 -10,347 -1,791 -14,088 12,721 -1,745 18,959 18,959 -1,618 
          repayment of lease liabilities
                -4,505                                 
          net financial expenses
                                                 
          net change in borrowings from banks and other financial institutions
                 -20,833 250,000   -12,495 -21,091                           
          net finance costs
                  4,267 17,916 14,268 9,427 8,005 3,811 10,504 9,715 9,227 11,307 13,392 11,317 13,076 9,989 15,629 9,750 6,714 8,488 6,286 4,451 4,338 4,350 8,097 13,275 3,538       
          net changes of lease liabilities
                  -4,251   -4,340 -3,430                           
          proceeds from securitizations, net of repayments
                  53,188    20,224                31,292           
          cash flows (used in)/from financing activities:
                                                 
          net change in borrowings to banks and other financial institutions
                                                 
          total cash flows (used in)/from financing activities
                                                 
          cash flows from operating activities
                                                 
          cash flows from financing activities
                                                 
          net change in bank borrowings and other financial institutions
                        10,010                         
          repayments in lease liabilities
                        -3,749                         
          dividends paid to non-controlling interest
                                     -813 -2,663    -13,176 
          cash flows (used in)/from financing activities
                                                 
          total (used in)/from financing activities
                                                 
          total
                         248,710 274,013 411,056 230,804 -66,739 263,090 357,291 278,077 286,313 384,412 314,867 238,393 171,088 209,693 155,064 232,751 133,978 141,006 438,115 250,468 204,339 112,377 112,377 173,214 
          net changes in lease liabilities
                          -5,689                       
          cash and cash equivalents at beginning of the year
                                                 
          net gains on disposal of property, plant and equipment and intangible assets
                               498 31   -145      -1,461 -373 281 -2,179     
          proceeds from the issuance of bonds and notes
                                                 
          net change in bank borrowings
                             -1,762    -84      9,309  2,820 2,390 -8,546 -8,546  
          net change in lease liabilities
                           -5,877    -1,484 -1,816 547 -1,143               
          cash and cash equivalents at end of the year
                                                 
          net gains on disposal of property, plant and equipment
                                                 
          cash flows from/(used) in financing activities:
                                                 
          repayment of bonds
                                                 
          net losses on disposal of property, plant and equipment and intangible assets
                                                 
          proceeds from exercising the delta topco option
                                       8,307       
          cash distribution of reserves
                                       -5,247       
          proceeds from the issuance of notes
                                                 
          other non-cash expenses/
                                       8,984 1,753         
          proceeds from the sale of a majority stake in ffs gmbh
                                                 
          net change in other bank borrowings
                                                 
          proceeds from bonds
                                                 
          repayment of term loan
                                       -695,584   -400,846      
          repayment of bridge loan
                                           -500,000 -500,000  
          net change in deposits in fca group cash management pools and financial liabilities with fca group
                                           166 -347 95 135,180 135,180  
          change in equity
                                           1,384 1,384  
          share buyback
                                    -4 -30,131           
          net proceeds from securitizations net of repayments
                                                 
          dividends paid to owners of the company
                                                 
          provision (releases) / accruals
                                      -3,754           
          net change in borrowings from banks
                                      -84           
          proceeds from the sale of assets and liabilities related to investment properties
                                                
          proceeds from term loan and bridge loan
                                                 
          acquisition of non-controlling interest
                                                
          net gains on disposals of property, plant and equipment
                                                 
          proceeds from disposals of property, plant and equipment
                                                 
          net change in other borrowings from banks
                                        -1         
          proceeds from bond
                                           490,729 490,729  
          net change in deposits in cash management pools and financial liabilities with fca group
                                                 
          cash and cash equivalents at the end of the period included within assets held for sale
                                            11,310     
          securitization net of repayments
                                          27,769  -24 22,390 201,743 201,743  
          result of investments
                                                 
          other non-cash (income) / expenses
                                                 
          cash acquired in change in scope of consolidation
                                                 
          other non-cash expenses /
                                            24,064     
          other non-cash expense and income
                                              -3,094 -3,094 -2,255 
          net gains on disposal of property, plant and equipment, intangible assets and investment properties
                                              -364 -364  
          proceeds from the sale of property, plant and equipment, intangible assets and investment properties
                                              514 514  
          proceeds from bank borrowings
                                                2,034,060 
          repayment of bank borrowings
                                                 
          net change in financial liabilities with fca group
                                                -3,179,439 
          net change in deposits in fca group cash management pools
                                                1,077,699