| Schedule of Non-Current and Current Borrowings |
The following table provides a breakdown for non-current and current borrowings. | | | | | | | | | | | | | | | | | | | (€ thousands) | Committed loans | | Other borrowings | | Total borrowings | | At December 31, 2025 | 246,189 | | — | | 246,189 | | Repayments | (72,762) | | (45,000) | | (117,762) | | Proceeds | 49,881 | | 45,434 | | 95,315 | | Other | 1,055 | | — | | 1,055 | | At June 30, 2026 | 224,363 | | 434 | | 224,797 | | of which: | | | | | | | Non-current | 127,710 | | 434 | | 128,144 | | Current | 96,653 | | — | | 96,653 |
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| Schedule of Financial Liabilities by Maturity Grouping |
The following table summarizes the Group’s financial liabilities at June 30, 2026 into relevant maturity groupings based on their contractual maturities (contractual undiscounted cash flows, including interest).
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Contractual cash flows at June 30, 2026 | | Carrying amount at June 30, 2026 | | (€ thousands) | Within 1 year | | Between 1 and 2 years | | Between 2 and 3 years | | Beyond 3 years | | Total contractual cash flows | | | Derivative financial instruments | 18,610 | | — | | — | | 831 | | 19,441 | | 19,441 | | Trade payables and customer advances | 317,060 | | — | | — | | — | | 317,060 | | 317,060 | | Borrowings | 103,452 | | 32,810 | | 74,017 | | 28,115 | | 238,394 | | 224,797 | | Lease liabilities | 180,062 | | 160,095 | | 139,205 | | 634,641 | | 1,114,003 | | 927,195 | | Other non-current financial liabilities | — | | — | | 59,183 | | 50,505 | | 109,688 | | 109,688 | | Total | 619,184 | | 192,905 | | 272,405 | | 714,092 | | 1,798,586 | | 1,598,181 |
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