Tiscali 2009 Annual Report Download - page 117
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Tiscali Group: Annual Report 2009
116
Equity Investments (note 17)
As at 31 December 2009, equity investments, carried at equity, amount to zero. The balance of EUR 33
thousand reported at 31 December 2008 refers to STS S.r.l., which was disposed of in June 2009. Below is
a list of investments as at 31 December 2009:
Company name Country Investment held by Statutory value as at 31.12.2009
(EUR mln)
Percentuale
di parteci-
pazione
Share
Capital
Shareholders’
equity
Result
Tiscali S.p.A. Italy Parent Company 92,003 93,747 (248,254) n.a.
Tiscali Italia S.p.A. Italy Tiscali S.p.A. 185,000 135,731 4,335 100.0%
Tiscali Media S.r.l. Italy Tiscali Italia S.p.A. 10 66 39 100.0%
Tiscali Contact S.r.l. Italy Tiscali Italia S.p.A. 10 10 0 100.0%
Energy Byte S.r.l. (in liquidation) Italy Tiscali S.p.A. 68 - 404 100.0%
Tiscali Finance SA (in
liquidation) Luxemburg Tiscali S.p.A. 125 1 (1,044) 100.0%
Tiscali Financial Services SA Luxemburg Tiscali S.p.A. 31 (3,217) (176) 100.0%
Tiscali Deutschland Gmb* Germany Tiscali S.p.A. 555 (177,367) (2,353) 100.0%
Tiscali Holdings UK Ltd UK Tiscali S.p.A. 59 (251,889) (91,464) 100.0%
World Online International Nv Netherlands Tiscali S.p.A. 115,519 (4,100) (127,035) 99.5%
Tiscali International Bv Netherlands World Online
International Nv 115,469 356,498 22,215 99.5%
Tiscali B.V. Netherlands Tiscali International Bv 91 3,215 731 99.5%
Wolstar B.V. (in liquidation) Netherlands Tiscali International Bv - - - 49.7%
Tiscali Finance BV (in
liquidation) Netherlands Tiscali International Bv - - - 99.5%
Tiscali International Network B.V. Netherlands Tiscali International Bv 18 23,136 (6,362) 99.5%
Tiscali International Network SA
(in liquidation)
France Tiscali International
Network B.V. 50,000 (7,536) (63) 99.5%
Tiscali Business UK Ltd UK Tiscali International Bv 68 - 415 99.5%
Tiscali Business GmbH Germany Tiscali Business UK Ltd 2,046 (209,775) (4,318) 99.5%
Other non-current financial assets (note 18)
31 December 2009 31 December 2008
(EUR 000)
Guarantee deposits 6,877 12,725
Other receivables 7,514 2,256
Equity investments in other companies 2,332 2,332
Total 16,723 17,313
*Tiscali Gmbh and Tiscali Verwaltungs Gmbh are held by Tiscali Deutschland Gmbh