Moncler Group | Annual Report 2024 Separate Financial Statements 416 Moncler Group | Annual Report 2024 Separate Financial Statements 417
Separate f inancial statements
Income statement
Statement of comprehensive income
EUR Notes 2024 of which related
parties (note 8.1)
2023 of which related
parties (note 8.1)
Revenue 3.1 491,917,863 489,342,566 473,022,005 469,309,520
General and administrative expenses 3.2(84,110,153)(21,185,371)(80,002,616)(23,492,437)
Marketing expenses 3.3(82,517,128)(51,801)(98,421,380)(997,194)
OPERATING RESULT 325,290,582 294,598,009
Financial income 3.5 438,583,530 2,465,380 699,909 681,977
Financial expenses 3.5(21,942,605)(21,442,132)(24,877,636)(24,170,605)
RESULT BEFORE TAXES 741,931,507 270,420,282
Income taxes 3.6(90,045,750) (74,685,686)
NET RESULT 651,885,757 195,734,596
EUR Note 2024 2023
Net prof it (loss) for the period 651,885,757 195,734,596
Gains/(Losses) on fair value of hedge derivatives 4.16 1 0
Items that are or may be reclassif ied to prof it or loss 1 0
Actuarial Gains/(Losses) on pension funds 4.16 45,651 49,745
Items that will never be reclassif ied to prof it or loss 45,651 49,745
OTHER COMPREHENSIVE INCOME/(LOSS), NET OF TAX 45,652 49,745
TOTAL COMPREHENSIVE INCOME/(LOSS) 651,931,409 195,784,341
Statement of f inancial position
EUR Notes 31 December
2024
of which related
parties (note 8.1)
31 December
2023
of which related
parties (note 8.1)
Brands and other intangible assets — net 4.1 1,002,557,770 1,001,862,310
Property, plant and equipment — net 4.3 1,140,559 4,821,335
Investments in subsidiaries 4.4 1,000,012,420 970,786,533
Other non-current assets 4.9 258,600 208,600
Deferred tax assets 4.5 4,125,602 1,858,864
NON-CURRENT ASSETS 2,008,094,951 1,979,537,642
Trade accounts receivable 4.6 968,558 1,535,319
Intra-group accounts receivable 4.6 67,875,527 67,875,527 96,772,391 96,772,391
Income taxes 4.15 4,772,267 5,365,258
Other current assets 4.9 6,110,822 610,519
Other current assets intra-group 4.9 14,866,857 14,866,857 42,424,724 42,424,724
Intra-group f inancial receivables 4.8 104,441,993 104,441,993 53,524,852 53,524,852
Cash and cash equivalent 4.7 130,655,043 964,198
CURRENT ASSETS 329,691,067 201,197,261
TOTAL ASSETS 2,337,786,018 2,180,734,903
Share capital 4.16 54,961,191 54,925,535
Premium reserve 4.16 745,308,990 745,308,990
Other reserves 4.16 331,323,321 402,618,519
Net result 4.16 651,885,757 195,734,596
EQUITY 1,783,479,259 1,398,587,640
Long-term borrowings 4.14 245,193 3,475,266
Intra-group long-term borrowings 4.14 150,000,000 150,000,000 250,000,000 250,000,000
Provisions non-current 4.13 1,900,000 9,266,402
Employees pension fund 4.12 2,637,165 2,372,829
Deferred tax liabilities 4.5 93,959,388 49,437,369
NON-CURRENT LIABILITIES 248,741,746 314,551,866
Short-term borrowings 4.14 209,535 933,973
Intra-group short-term borrowings 4.14 200,000,000 200,000,000 400,643,573 400,643,573
Trade accounts payable 4.10 29,728,196 38,161,686
Intra-group accounts payable 4.10 1,198,734 1,198,734 4,317,357 4,317,357
Tax liabilities 4.15 13,968,921 1,723,246
Other current liabilities 4.11 14,903,281 4,013,472 17,618,266 5,203,326
Other current liabilities intragroup 411 45556346 45556346 4197296 4197296
CURRENT LIABILITIES 305565013 467595397
TOTAL LIABILITIES AND EQUITY 2337786018 2180734903