Tiscali 2003 Annual Report Download - page 116

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118118
To provide a more complete picture, the table below shows shareholder’s equity figures for subsidiaries as they appeared in the
2003 accounts drawn up for the purpose of compiling the consolidated accounts of the Tiscali Group, which are in the course of
being approved by the relevant corporate bodies in each country. The table also shows the percentage owned and the book value
of the holdings in 2003 accounts.
OTHER INFORMATION
Holdings in subsidiaries
Holdings in affiliated companies
SHARE SHAREHOLDERS’ NET PROFIT % BALANCE
COMPANY NAME HEAD OFFICE CAPITAL EQUITY (LOSS) HELD SHEET
Best Engineering S.p.A. Turin 843 782 (41) 60% 1,290
Energy Byte S.r.l. Milan 129 36 (165) 100% -
Excite Italia B.V. Amsterdam 76 2,868 852 100% 12,770
Ideare S.p.A. Pisa 520 2,663 (402) 60% 2,998
Informedia S.r.l. Rome 52 77 (44) (***) 95% -
Liberty Surf Group Sa Paris ( * ) 75,280 ( * ) 89,207 ( * ) (42,896) 94.50% 518,929
Tiscali Business Services Spa (Ex Nextra) Reno (Bo) 100 248 (1,322) 100% 1,252
Quinary S.p.A. Milan 1,280 (786) (2,958) 85% 1,096
STS S.r.l. Rome 100 278 (266) ( **** ) 20% 1,291
Tiscali Datacomm AG Basel 3,091 2,674 (7,194) 83.39% 17,012
Tiscali Deutschland GmbH Hamburg ( * ) 74,471 ( * ) (141,275) ( * ) 6,082 100% 36,387
Tiscali Finance S.A. Brussels 125 (17,722) 1,665 100% 125
Tiscali Motoring S.r.l. Cagliari 100 64 (36) 60% 500
Tiscali Telecomunicaciones S.A. Madrid 2,100 (12,925) (8,253) 99.99% 125
World Online International N.V. Maarsen (NL) ( * ) (115,519) ( * ) (97,006) ( * ) (366,082) 99.50% 1,396,270
Andaledda S.p.A. Cagliari 103 97 (6) 100% 103
Connect Software Inc. S.Francisco ( ** ) 48 ( ** ) (43) ( ** ) (2) 100% 1,027
Gilla Servizi Telecomunicaz. S.r.l. Cagliari 50 (774) (824) 90% 45
Tiscali Czech Republic s.r.o. Prague 505 (43) (23) 100% 39
Tiscali I.T.S. S.r.l. Cagliari 780 1,525 (8) 100% 1,593
1,992,852
( * ) Data pertaining to subsidiaries' consolidated companies
( * ) Figures from the accounts at 31.12.2002
( *** ) The remaining 5% is held by Andaledda S.p.A.
( **** ) Andaledda S.p.A. and Gilla S.p.A. each own a 15% stake
SHARE SHAREHOLDERS’ NET PROFIT % BALANCE
COMPANY NAME HEAD OFFICE CAPITAL EQUITY (LOSS) HELD SHEET
Ariete Telemedia S.r.l. Milan 52 15 (31) 40% -
FreeTravel S.p.A. (being wound up) Milan 500 (142) (12) 50% -
Stud Soc Consortile Cagliari ( * ) 45 ( * ) 43 ( * ) ( 5 ) 33.33% 15
Netchemya Milan ( * ) 22,750 ( * ) 20,032 ( * ) (2,632) 20% -
Janna Scpa Cagliari 200 155 (43) 33.33% 34
49
( * ) Figures from the accounts at 31.12.2002