Tiscali 2007 Annual Report Download - page 3

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Tiscali Group 5
Directors and Auditors 7
Milestones 8
Core Countries’ Snapshot 10
Key Figures 12
Results by segment 14
A strategic asset: 16
International Network Infrastructure
Broadband: 2007, focus on organic growth 18
A strong brand 20
Report on Operations 23
Market overview 25
Regulatory background 32
Tiscali shares 34
Significant events during 37
the financial year
Analysis of the Group 40
economic and financial position
Events subsequent to the year, 48
outlook and prospects
Corporate Governance 49
Tiscali Group 63
Consolidated Financial
Statements at
31 December 2007
Consolidated Income Statement 64
Consolidated Balance Sheet 65
Consolidated Statement of Changes 66
in Shareholders’ Equity
Consolidated Cash Flow Statement 67
Notes to the Consolidated 69
Financial Statements
Tiscali Group Companies 110
Certification of the Consolidated 113
Financial Statements
pursuant to Art. 81-ter of Consob Regulation
no. 11971/99, as amended