Tiscali 2009 Annual Report Download - page 153

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Tiscali Group: Annual Report 2009
152
Cash flow statement
The Parent Company’s financial position is shown in the table below:
31 December 2009 31 December 2008
(EUR 000)
A. Cash 6 1
B. Other cash equivalents 2,425 1,372
C. Securities held for trading - -
D. Cash and cash equivalents (A) + (B) + (C) 2,431 1,373
E. Current financial payables 2,120 5,026
F. Non Current financial receivables (*) 484 1,435
G. Current bank payables (590) (627)
H. Current portion of non-current debt - -
I. Other current financial payables (36,014) (45,753)
J. Current financial debt (G) + (H) + (I) (36,604) (46,379)
K. Net current financial debt (J) – (E) – (F) – (D) (31,569) (38,545)
L. Non-current bank payables -
M. Bonds issued -
N. Other non-current payables to Group companies (2,090) (3,108)
O. Other non-current payables to third parties - (515)
P. Non-current financial debt (L) + (M) + (N) + (O) (2,090) (3,623)
Q. Net financial debt (K) + (P) (33,659) (42,169)
Other “non-current payables” relate mainly to financial payables to subsidiary Tiscali International BV, a
sub-holding of the Tiscali Group.
It seems appropriate to stress that in the financial position set out in the financial statements at 31 December
2008, equal to EUR 43.6 million, the Non Current Financial Loans item was not included and came to EUR
1.4 million, included instead in the calculation at 31 December 2009, and for uniformity, in the comparison
with 2008.
(*) The table presented in note 25, Net financial position, does not include Non-Current financial receivables