Overview
ASTM (formerly Autostrada Torino-Milano) manages a number of roads that don't lead to Rome -- and one that does. A leading Italian tollway operator (behind Atlantia), ASTM was established in 1928 to construct and maintain the Turin-Milan motorway. ASTM also controls, through SIAS S.p.A. and its subsidiaries, a number of motorway concessions that service tertiary tollways in northwestern and central Italy. One of its roads connects Pescara, on
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Read More Italy's Adriatic coast, with Rome. ASTM's main source of revenue is the collection of traffic tolls. Other sources are engineering, construction, and technology services. Argo Finanziaria, the holding company for the Gavio family, controls the company.
Read Less
Read More Italy's Adriatic coast, with Rome. ASTM's main source of revenue is the collection of traffic tolls. Other sources are engineering, construction, and technology services. Argo Finanziaria, the holding company for the Gavio family, controls the company.
Read Less
ANGELINO ALFANO
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Management of Companies and Enterprises
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Holding companies, nec
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Administrative management
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Financial Statements
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Financial data as of ? (12 month period) in USD
Annual Revenue 2020
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USD
Actual
1 USD = 0.92 EUR
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2020 | 2019 | 2018 |
---|---|---|---|
Net Operating Cash | $518 | $687 | $652 |
Net Investing Cash | -$664 | -$480 | -$583 |
Net Financing Cash | -$209 | -$159 | $506 |
Net Change in Cash | -$355 | $48 | $574 |
Cash at Beginning of Period | $1,302 | $1,182 | $603 |
Cash at End of Period | $955 | $1,302 | $1,182 |
Capital Expenditure | -$470 | -$366 | -$561 |
Assets (mil) | 2020 | 2019 | 2018 |
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Current Assets | |||
Cash and Cash Equivalents | $955 | $1,302 | $1,182 |
Accounts Receivable | $286 | $310 | $266 |
Inventories | $339 | $291 | $249 |
Other Current Assets | $1,275 | $612 | $571 |
Asset Summary | |||
Total Current Assets | $2,855 | $2,515 | $2,268 |
Tangible Fixed Assets | $235 | $224 | $141 |
Intangible Assets | $3,155 | $3,078 | $3,366 |
Total Assets | $7,414 | $7,598 | $7,176 |
Liabilities (mil) | 2020 | 2019 | 2018 |
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Current Liabilities | |||
Accounts Payable | $633 | $487 | $381 |
Short-Term Debt | $786 | $1,145 | $535 |
Other Current Liabilities | $461 | $439 | $449 |
Liability Summary | |||
Total Current Liabilities | $1,880 | $2,071 | $1,365 |
Long-Term Debt | $2,286 | $2,215 | $2,536 |
Other Long-Term Liabilities | $47 | $56 | $65 |
Total Liabilities | $4,871 | $5,042 | $4,456 |
Stakeholder's Equity (mil) | 2020 | 2019 | 2018 |
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Equity | |||
Common Stock | $71 | $71 | $50 |
Retained Earnings | $2,726 | $2,609 | $1,902 |
Equity Summary | |||
Total Equity | $2,787 | $2,829 | $2,093 |
Shares Outstanding | 129,772,947 | 136,617,881 | 91,407,897 |