Tiscali 2009 Annual Report Download - page 155

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Tiscali Group: Annual Report 2009
154
11.
Tiscali S.p.A.
Accounting Statements
and Explanatory Notes
11.1 Income Statement
Notes 31 December 2009 31 December 2008
(EUR)
Revenues 110,764,130 17,424,709
Other income - -
Purchase of materials and outsourced services 2(3,211,228) (7,883,497)
Payroll and related costs 3(5,343,961) (14,247,742)
Other operating costs 4(3,384,065) (1,769,006)
Write-downs of receivables from customers 5(1,814) -
Other write-downs 5(251,763,462) (972,045,889)
Amortisation/depreciation (346,666) (375,112)
Operating result (253,287,066) (978,896,537)
Portion of result of equity investments carried at equity
Net financial income (charges) 64,770,678 (1,915,079)
Pre-tax result (248,516,388) (980,811,616)
Income taxes 7(184,683) (262,604)
Net result from operating activities (on-going) (248,701,071) (981,074,220)
Result from assets disposed of and/or destined for disposal 8447,311 (250,000)
Results for the year (248,253,761) (981,324,220)