Tiscali 2009 Annual Report Download - page 138
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137
against which Tiscali International BV has made payments totalling around EUR 0.3 million. The remaining
amount mainly refers to stock options supposedly granted to Mr. Landefeld (who, by the way, is a resident
of Germany for tax purposes) and, in the opinion of Tiscali’s tax advisors, not subject to taxation in the
Netherlands. Given this circumstance and considering that this dispute is in the initial stages, it was decided
that the liability cannot be considered likely and therefore no related provision was made.
Segment reporting (by country and business segment)
The application of IFRS 8 “Operating Segments” did not have an impact on the segment report since the
operating segments are the same as when IAS 14 “Segment Reporting” was applied.
The activities of the Tiscali Group and the related strategies, as well as the underlying activities linked to
head office control, are structured and defined by geographic area, which therefore represents the primary
segment for the purposes of segment reporting.
Consolidated Financial Statements and Explanatory Notes