Tiscali 2001 Annual Report Download - page 90

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82
Deferred income consists in the main of the deferral to following FYs of pre-paid services
mainly accruing from Nets SA for EUR 23mn as pre-paid connectivity services, from the
recording as deferred income of the contra-entry of tax credit posted in the assets of
Tiscali SpA, matured on investments under Law 388/1999.
The decrease of accrued holiday bonus is due to a change in the classification criterion (in
the current FY, holidays due and not taken have been reclassified among payables to
personnel in lieu of holidays).
E) ACCRUED LIABILITIES AND DEFERRED INCOME
The composition of accrued liabilities and deferred income is as follows:
12.31.2001 12.31.2000 CHANGE
Accrued liabilities
Infra-group passive interest 280 280
Accrued holiday bonus 535 4,342 (3,807)
Other 20,508 45,090 (24,582)
Total accrued liabilities 21,323 49,432 (28,109)
Deferred income
Pre-paid Internet services 30,476 4,740 25,736
Pre-paid voice services 9,443 2,656 6,787
Other 14,708 2,002 12,706
Total deferred income 54,627 9,398 45,229
Total 75,950 58,830 17,120