157 SePARATe FInAnCIAL STATeMenTS156 SePARATe FInAnCIAL STATeMenTS MONCLER GROUP 2023
FINANCIAL POSITION
(Euro) Notes 31/12/2023 of which 31/12/2022 of which related parties related parties (note 8.1) (note 8.1) Brands and other intangible 4.1 1,001,862,310 1,001,405,282 assets - net Property, plant 4.3 4,821,335 6,749,883 and equipment - net Investments in subsidiaries 4.4 970,786,533 948,755,953 Other non-current assets 4.9 208,600 257,900 deferred tax assets 4.5 1,858,864 1,957,703 non-current assets 1,979,537,642 1,959,126,721 Trade accounts receivable 4.6 1,535,319 1,910,103 Intra-group accounts receivable 4.6 96,772,391 96,772,391 111,688,675 111,688,675 Income taxes 4.14 5,365,258 0 Other current assets 4.9 610,519 1,849,521 Other current assets intra-group 4.9 42,424,724 42,424,724 28,000,606 28,000,606 Intra-group financial receivables 4.8 53,524,852 53,524,852 159,741 159,741 Cash and cash equivalent 4.7 964,198 12,966,224 Current assets 201,197,261 156,574,870 Total assets 2,180,734,903 2,115,701,591 Share capital 4.16 54,925,535 54,736,558 Premium reserve 4.16 745,308,990 745,308,990 Other reserve 4.16 402,618,519 388,733,560 net result 4.16 195,734,596 278,835,705 Equity 1,398,587,640 1,467,614,813 Long-term borrowings 4.14 3,475,266 4,985,590 Intra-group long-term borrowings 4.14 250,000,000 250,000,000 50,000,000 50,000,000 Provisions non-current 4.13 9,266,402 9,266,402 employees pension fund 4.12 2,372,829 1,825,276 deferred tax liabilities 4.5 49,437,369 4,914,807 Non-current liabilities 314,551,866 70,992,075 Short-term borrowings 4.14 933,973 1,146,328 Intra-group short-term borrowings 4.14 400,643,573 400,643,573 444,114,569 444,114,569 Trade accounts payable 4.10 38,161,686 41,137,651 Intra-group accounts payable 4.10 4,317,357 4,317,357 7,275,648 7,275,648 Tax liabilities 4.15 1,723,246 42,655,805 Other current liabilities 4.11 17,618,266 5,203,326 16,845,378 3,752,387 Other current liabilities intra-group 4.11 4,197,296 4,197,296 23,919,324 23,919,324 Current liabilities 467,595,397 577,094,703 Total liabilities and equity 2,180,734,903 2,115,701,591
InCOMe STATeMenT
(Euro) Notes 2023 of which 2022 of which related parties related parties (note 8.1) (note 8.1) Revenue 3.1 473,022,005 469,309,520 418,706,683 414,471,815 General and administrative expenses 3.2 (80,002,616) (22,998,521) (67,392,269) (16,719,331) Marketing expenses 3.3 (98,421,380) (997,194) (73,832,431) (4,349,396) Operating result 294,598,009 277,481,983 Financial income 3.5 699,909 681,977 4,651 4,651 Financial expenses 3.5 (24,877,636) (24,170,605) (4,395,888) (3,571,786) Result before taxes 270,420,282 273,090,746 Income taxes 3.6 (74,685,686) 5,744,959 Net result 195,734,596 278,835,705
COMPREHENSIVE INCOME
(Euro) Notes 2023 2022 net profit (loss) for the period 195,734,596 278,835,705 Gains/(Losses) on fair value of hedge derivatives 4.16 0 0 Items that are or may be reclassified to profit or loss 0 0 Actuarial Gains/(Losses) on pension funds 4.16 49,745 22,825 Items that will never be reclassified to profit or loss 49,745 22,825 Other comprehensive income/(loss), net of tax 49,745 22,825 Total Comprehensive income/(loss) 195,784,341 278,858,530
