Tiscali 2001 Annual Report Download - page 93
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85
Consolidated Financial Statements
variable cost, whose growth in absolute terms for 2001 is mainly linked to the expansion of
the consolidation area, in particular in France where the Group, besides Liberty Surf
Telecom, has acquired Intercall SA, a Company specialising in pre-paid telephone services.
Advertising and promotional costs. These costs, accounting for approximately 17% of total
costs for services and 16% of total revenues, have increased considerably, again as a
consequence of the expansion of the consolidation area, they were also influenced, to a
greater degree than in 2000, by the need to enhance Tiscali brand awareness in European
countries.
Maintenance costs. These costs totalled about EUR 16.9mn. They consist in the main of
regular maintenance fees pertaining to network equipment and software. The increase in
maintenance costs with respect to the previous FY is a direct consequence of greater
investment.
Advisory and professional services purchased. The composition of this item was
influenced in 2001 by the Group's corporate and operational restructuring, which
generated considerable costs for legal advisory services.
Other services. This item mainly includes costs for purchase of publishing contents.
COMPOSITION OF OTHER OPERATING EXPENSES
Analysis and composition of other operating expenses:
12.31.2001 12.31.2000 CHANGE
Government concessions, telecommunications licenses 978 1,299 (321)
Taxes other than income tax 349 730 (381)
Magazine and newspaper subscriptions 33 62 (29)
Other non-extraordinary contingent losses 4,057 544 3,513
Other minor charges 669 740 (71)
Total 6,086 3,375 2,711
Government concessions are mainly telephone licenses in Italy and France. Other non-
extraordinary contingent losses refer in the main to subsidiary Nets SA for EUR 2.7mn,
consisting of unverified charges.