Tiscali 2008 Annual Report Download - page 58

Download and view the complete annual report

Please find page 58 of the 2008 Tiscali annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 173

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173

NOTES 31.12.2008 31.12.2007
Non-current assets
Goodwill 14 438,824 515,022
Intangible assets 15 191,931 286,042
Properties, plant and machinery 16 232,288 272,260
Equity investments 17 33 2,465
Other financial assets 18 17,313 28,269
Deferred tax assets 19 10,507 106,634
890,896 1,210,692
Current assets
Inventories 20 6,880 10,756
Receivables from customers 21 176,819 164,452
Other receivables and other current assets 22 46,794 71,652
Other current financial assets 23 3,430 8,158
Cash and cash equivalents 24 24,202 134,231
258,125 389,249
Assets held for sale 56,795 -
Total Assets 1,205,817 1,599,941
Share Capital and reserves
Share Capital 308,273 212,207
Share premium reserve 990,857 902,492
Stock option reserve 3,840 9,969
Equity Bond reserve - 22,053
Accumulated losses and Other reserves (1,049,424) (911,765)
Loss for the period (242,724) (65,308)
Group shareholders’ equity 25 10,823 169,647
Minority interests (6,046) 37,322
Shareholders’ equity pertaining to minority shareholders 26 (6,046) 37,322
Total Shareholders’ equity 4,777 206,970
Non-current liabilities
27
Bonds 27 bis - 43,842
Payables to banks and other lenders 28 30,743 480,139
Payables for finance leases 29 73,118 79,467
Other non-current liabilities 30 95,444 120,807
Liabilities for pension obligations and staff severance indemnities 31 5,001 5,852
Provisions for risks and charges 32 25,384 28,624
Provision for deferred taxation 33 - 27,891
229,690 786,623
Current liabilities
34
Payables to banks and other lenders 34 bis 510,012 176,204
Payables for finance leases 35 21,399 19,502
Payables to suppliers 36 268,899 239,127
Other current liabilities 37 148,765 171,515
949,076 606,348
Liabilities directly related to assets held for sale 22,274 -
Total Liabilities and Shareholders’ equity 1,205,817 1,599,941
6.2 Consolidated Balance Sheet EUR (000)
57
CONSOLIDATED FINANCIAL STATEMENTS AND EXPLANATORY NOTES