Tiscali 2008 Annual Report Download - page 144

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TISCALI S.P.A. – FINANCIAL STATEMENTS AND EXPLANATORY NOTES
143
BALANCE SHEET VALUES Notes 31 december 2007
EUR (000) Trade Financial Trade Trade Trade Stock
receivables receivables payables payables payables Option
(within 12 mont.) (beyond 12 mont.) reserve
Energy Byte S.r.l 1 112
Quinary S.p.A. 1 122 328 7 268
Tiscali B.V. 1 - -
Tiscali Business Gmbh 1 505 546
Tiscali Deutschland Gmbh 1 4,151 -
Tiscali Gmbh 1 10,405 109
Tiscali Espana SLU 1 315 5
Tiscali International BV 1 - 7,960 234,270
Tiscali International Network BV 1 1,715 873
Tiscali International Network SA 1 16
Tiscali International Network S.p.A. 1 137 663 3
Tiscali Italia S.p.A. 1 2,733 31,948 2,179 509
Tiscali Media S.r.l 1 321
Tiscali Motoring S.r.l 1 351 69
Tiscali Services S.p.A. 1 526 19,421 2,140 927
Tiscali Telecomunicaciones SA 1 -
Tiscali UK Holdings Ltd 1 774 18,362
Tiscali UK Ltd 1 22,185
Total Group companies 43,568 53,144 32,182 234,270 1,792
Francesco Bizzarri 2 25
Borghesi e Colombo Associati S.r.l 3 270
Stock options 4 886
Other related parties - - 295 - 886
Total Group companies and other related parties 43.568 53,144 32,477 234,270 1,792 886
(1) Group companies
(2) Mr.. F. Bizzarri, member of Tiscali S.p.A.’s Board of Directors, stipulated an IPTV consultancy contract with the parent company, which concluded in June 2008. The entire cost was reversed to
the subsidiary Tiscali Italia S.p.A., because the service pertained to it, and therefore has been adjusted by the related revenue.
(3) Studio Borghesi e Colombo Associati S.r.l.: the director Arnaldo Borghesi, member of Tiscali S.p.A.’s Board of Directors, in the previous year provided Tiscali S.p.A. with consultancy services
as part of extraordinary finance transactions.
(4) Stock option – CEO and employees. Cost recorded in the item Payroll and related costs in the parent company’s financial statements