Tiscali 2009 Annual Report Download - page 152
Download and view the complete annual report
Please find page 152 of the 2009 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.-
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
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
 |
 |
151
At 31 December 2008, with net assets equal to EUR 154.1 million, Tiscali S.p.A. was under the conditions
set out under section 2446 of the Italian Civil Code for corporate equity reduction of more than one third
since the accumulated losses at the same date came to EUR 1,142.7 million.
During the course of the year 2009 the Directors have made appropriate arrangements described in detail
in the comments under the Net Assets item to which kindly refer.
Assets
Non-current assets
Non current assets mainly include controlling shareholdings in the value of EUR 112 million.
Other financial assets are mainly represented by financial loans to Group companies and come to EUR 23
million.
Current assets
Current assets mainly include Receivables from customers for EUR 15.5 million (of which EUR 15.1 million
are due from Group companies), compared with EUR 23.7 million last year (of which EUR 19.5 million due
from Group companies).
The same item also includes also “Other loans and sundry current assets” of EUR 2.1 million relating to
advances paid to suppliers of EUR 0.9 million and tax credits, and instalments on services.
Liabilities
Non-current liabilities
Non-current liabilities, other than items relating to the financial position for which reference should be made
to the next note, include provisions for risks and charges of EUR 3.6 million generated from provisions set
aside for disputes and contingent liabilities.
Current liabilities
Current liabilities not related to the financial position mainly include debts to suppliers for EUR 15.3 million
(of which EUR 3 million are due from Group companies), compared with EUR 22 million last year (of which
EUR 11 million due from Group companies).
Tiscali S.p.A. Financial Statements 2009