Tiscali 2001 Annual Report Download - page 115

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107
Parent Company Financial Statements
PROFIT AND LOSS STATEMENT 12.31.2001 12.31.2000
A) (+) VALUE OF PRODUCTION
1) revenue from sales and services 115,037,997 120,088,881
2) changes in inventories of work in progress, semi-finished an finished products
3) changes in work in progress to order
4) increase in assets for work in progress/internal 788,580
5) other revenues and income
-other revenues and income 1,960 891,629
-working account contributions
Total 115,828,537 120,980,510
B) (-) PRODUCTION COSTS
6) for raw materials, supplies, consumables and goods (10,700,217) (6,757,841)
7) for services (91,828,676) (117,195,159)
8) for use of third party assets (15,839,764) (9,733,898)
9) for personnel
a) salaries and wages (16,129,147) (9,962,584)
b) social security charges (1,913,876) (965,095)
c) staff severance pay (1,147,888) (607,868)
e) other expenses (34,703) (26,751)
10) depreciation, amortization and write-downs
a) amortization of intangible assets (8,521,116) (5,892,446)
b) depreciation of fixed assets (2,305,141) (965,678)
c) other write-downs/amortizations of non-current assets
d) writedowns of receivables included in working capital and cash and cash equivalents (8,054,917) (5,379,393)
11) changes in inventory of raw materials, supplies and consumables 558,901 (199,028)
12) risk provisions (14,371,467) (12,489,845)
13) other provisions
14) other operating expenses (1,591,769) (739,038)
Total (171,879,780) (170,914,624)
(A - B) DIFFERENCE BETWEEN VALUE AND COST OF PRODUCTION (56,051,243) (49,934,114)
C) FINANCIAL INCOME AND CHARGES
15) (+) income from participations
a) in subsidiaries 8,555,623
b) in affiliated Companies
c) in other Companies
16) (+) other financial income
a) from receivables registered under non-current assets
- from third parties
- from subsidiary Companies 1,106,805
- from affiliated Companies
- from Parent Companies
b) from securities registered under non-current assets other than participations
c) from securities registered in the working capital other than participations 465,457
d) earnings other than the above
- from third parties 524,858 1,378,155
- from subsidiary Companies 1,863
- from affiliated Companies
- from Parent Companies
17) (-) interest and other financial charges
a) due to third parties (1,241,149) (981,832)
b) due to subsidiary Companies (14,527,660) (2,612,947)
c) due to affiliated Companies
d) due to Parent Companies
Total (6,221,008) (1,109,819)