XML 186 R137.htm IDEA: XBRL DOCUMENT
v3.22.4

DEBT - Narrative (Details) - EUR (€) | Jul. 29, 2021 | May 27, 2020 | Jul. 31, 2019 | Jul. 16, 2019 | Mar. 16, 2016 | Dec. 31, 2022 | Dec. 31, 2021 | Nov. 30, 2015
--- | --- | --- | --- | --- | --- | --- | --- | ---
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Debt |  |  |  |  |  | € 2,811,779,000 | € 2,630,011,000 |
Funding Limit |  |  |  |  |  | 669,000,000 | 676,000,000 |
Cash Collected From Settlements of Receivables or Collateral |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Restricted cash received from settlement of receivables or pledged lines of credit |  |  |  |  |  | 44,085,000 | 47,742,000 |
2023 Bond |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Borrowings, interest rate (percent) |  |  |  |  | 1.50% |  |  |
Principal amount of borrowings |  |  |  |  | € 500,000,000 |  |  |
Borrowings, issue price (percent) |  |  |  |  | 98.977% |  |  |
Proceeds from bonds |  |  |  |  | € 490,729,000 |  |  |
Borrowings, yield to maturity (percent) |  |  |  |  | 1.656% |  |  |
Voluntary prepayments made |  |  |  | € 115,395,000 |  |  |  |
Debt |  |  |  |  |  | 388,947,000 | 387,872,000 |
Accrued interest |  |  |  |  |  | 4,567,000 | 4,567,000 |
Borrowings from banks and other financial institutions |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Principal amount of borrowings |  |  |  |  |  |  |  | € 500,000,000
Debt |  |  |  |  |  | 113,165,000 | 154,419,000 |
2025 Bond |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Borrowings, interest rate (percent) |  | 1.50% |  |  |  |  |  |
Principal amount of borrowings |  | € 650,000,000 |  |  |  |  |  |
Borrowings, issue price (percent) |  | 98.898% |  |  |  |  |  |
Proceeds from bonds |  | € 640,073,000 |  |  |  |  |  |
Borrowings, yield to maturity (percent) |  | 1.732% |  |  |  |  |  |
Debt |  |  |  |  |  | 650,923,000 | 648,984,000 |
Accrued interest |  |  |  |  |  | 5,818,000 | 5,850,000 |
2029 Notes and 2031 Notes |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Proceeds from bonds |  |  | € 298,316,000 |  |  |  |  |
2029 Notes |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Borrowings, interest rate (percent) |  |  | 1.12% |  |  |  |  |
Principal amount of borrowings |  |  | € 150,000,000 |  |  |  |  |
Debt |  |  |  |  |  | 150,135,000 | 150,052,000 |
Accrued interest |  |  |  |  |  | 700,000 | 700,000 |
2031 Notes |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Borrowings, interest rate (percent) |  |  | 1.27% |  |  |  |  |
Debt |  |  |  |  |  | 150,178,000 | 150,111,000 |
Accrued interest |  |  |  |  |  | 794,000 | 794,000 |
2032 Notes |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Borrowings, interest rate (percent) | 0.91% |  |  |  |  |  |  |
Principal amount of borrowings | € 150,000,000 |  |  |  |  |  |  |
Proceeds from bonds | € 149,495,000 |  |  |  |  |  |  |
Debt |  |  |  |  |  | 150,136,000 | 150,091,000 |
Accrued interest |  |  |  |  |  | 577,000 | 576,000 |
Lease liabilities |  |  |  |  |  |  |  |
Disclosure of detailed information about borrowings [line items] |  |  |  |  |  |  |  |
Debt |  |  |  |  |  | € 57,423,000 | € 56,210,000 |

X
- Definition The amount of outstanding funds that the entity is obligated to repay. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_55&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_Borrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_7&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of interest recognised as a liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_InterestPayable
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow from the issuing of bonds, notes and debentures. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 7 -IssueDate 2022-03-24 -Paragraph 17 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2022-en-r&anchor=para_17&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow for repayments of non-current borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 7 -IssueDate 2022-03-24 -Paragraph 17 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2022-en-r&anchor=para_17&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_RepaymentsOfNoncurrentBorrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of cash and cash equivalents whose use or withdrawal is restricted. [Refer: Cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_55&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_RestrictedCashAndCashEquivalents
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of undrawn borrowing facilities that may be available for future operating activities and to settle capital commitments. [Refer: Capital commitments] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2022-03-24 -Paragraph 50 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2022-en-r&anchor=para_50_a&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_UndrawnBorrowingFacilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Borrowings, Issue Price + References No definition available. + Details
Name: | race_BorrowingsIssuePrice
Namespace Prefix: | race_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Borrowings, yield to maturity + References No definition available. + Details
Name: | race_BorrowingsYieldToMaturity
Namespace Prefix: | race_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | race_RestrictedCashandCashEquivalents1Axis=race_CashCollectedFromSettlementsofReceivablesorCollateral1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_A2023BondMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_BorrowingsFromBanksMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_May2025BondMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_A2029NotesAnd2031NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_A2029NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_A2031NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_A2032NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=race_LeaseLiabilities1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |