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According to this: Exhibit 4 Ferrari: The 2 0 1 5 Initial Public Offering Ferrari Balance Sheet ( millions of euro ) table [
According to this:
Exhibit
Ferrari: The Initial Public Offering
Ferrari Balance Sheet millions of euro
tableDecDecJunCash and cash equivalents,Trade receivables,Receivables from financing activities,InventoriesOther current assets,Total current assets,Investments and other financial assets,Deferred tax assets,Property plant, and equipment,Intangible Assets GoodwillTotal assets,Trade payables,Current tax payables,Other current liabilities,Total current liabilities,Longterm debt,Other liabilities,Total equity,Total liabilities and equity,
Costs incurred for car project development are recognized as asset following the conditions of IAS Capitalized development costs are amortized on a straightline basis over the estimated life of the model generally four to eight years
What would be the debt in order to calculate the equity value for the year
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