Tiscali 2001 Annual Report Download - page 80

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72
BALANCE OTHER BALANCE
COST 12.31.2000 INCREASES REVALUATIONS CHANGES (DISPOSALS) 12.31.2001
Land and buildings 8,342 48,157 267 (4) 56,762
Plant and equipment 37,609 24,401 29 62,039
Industrial and commerc. equipm. 142,375 200,181 (20,769) (141) 321,646
Other fixed assets 8,704 38,343 (2,526) (131) 44,390
Payments on account and
fixed assets in course of acquisition 2,757 56,511 (1,192) (2,338) 55,738
Total 199,787 367,593 (24,191) (2,614) 540,575
BALANCE DEPRECIATION OTHER BALANCE
DEPRECIATION FUNDS 12.31.2000 QUOTAS WRITE-DOWNS CHANGES (DISPOSALS) 12.31.2001
Land and buildings 2,585 1,104 3,689
Plant and equipment 7,216 6,251 7,780 21,247
Industrial and commercial equipm. 8,003 62,572 49,577 120,152
Other fixed assets 1,252 10,543 (2,469) 9,326
Payments on account and
fixed assets in course of acquisition
Total 16,471 81,951 55,992 154,414
BALANCE DEPRECIATION OTHER BALANCE
NET VALUE 12.31.2000 INCREASES AND WRITE-DOWNS CHANGES (DISPOSALS) 12.31.2001
Land and buildings 8,342 48,157 (2,585) (837) (4) 53,073
Plant and equipment 30,393 24,401 (6,251) (7,751) 40,792
Industrial and commercial equipm. 134,372 200,181 (62,572) (70,346) (141) 201,494
Other fixed assets 7,452 38,343 (10,543) (57) (131) 35,064
Payments on account and
fixed assets in course of acquisition 2,757 56,511 (1,192) (2,338) 55,738
Total 183,316 367,593 (81,951) (80,183) (2,614) 386,161
START-UP AND EXPANSION COSTS 12.31.2001 12.31.2000 CHANGE
Incorporation expenses 14 364 (350)
Expenses relative to capital increase 5,203 5,606 (403)
Start-up costs 3,552 6,813 (3,261)
Other 403 403
Total 9,172 12,783 (3,611)
The account "Start-up and expansion costs" mainly refers to the Parent Company Tiscali
SpA. It includes costs that will produce profits over a number of years, namely capital
increase expenses and start-up costs. The latter costs, which mainly accrued in 1999,
include the costs for starting network implementation activities (installation and
switchboard activation) as well as the "Tiscali Freenet" launching campaign.
II - FIXED ASSETS
Changes which occurred during the FY, with reference to the historical cost of fixed assets,
are as follows: