Tiscali 2009 Annual Report Download - page 175

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Tiscali Group: Annual Report 2009
174
At 31 December 2009, the company showed temporary differences of EUR 23.4 million EUR and tax losses
that could be deferred indefinitely of EUR 10.6 million. No tax advances were generated in the financial
statements.
Operating assets disposed of and/or assets held for sale (note 8)
2009 2008
(EUR mln)
Net capital gains (Losses) deriving from disposal
of subsidiaries and/or asset disposals 447 (250)
Result from assets disposed of and/or destined
for disposal 447 (250)
The results of assets sold and/or intended for sale, which is positive to the tune of EUR 0.4 million, includes
the positive effect of the capital value achieved on the sale of the 60% shareholding held in the Company
Tiscali International Network S.p.A. (which took place in May 2009) equal to EUR 3.4 million net of the
related charges of around EUR 0.4 million. The item also includes EUR 2.6 million of charges incurred on
the occasion of the sale of the UK Company Tiscali UK Ltd, which was controlled indirectly, and which took
place in July 2009 and was already amply commented upon in the Consolidated Management Report.
Intangible assets with a finite useful life (note 9)
Intangible asset movements for the year were as follows:
Intangible assets 31
December
2008
Increases Amortisation (Decreases)
and Other
changes
31
December
2009
(migliaia di euro)
Concessions, licenses and similar
rights 307 - (305) - 2
Total 307 - (305) - 2
Concessions, licenses and similar rights include a software license purchased at the end of 2004 for
management of territorial information via a system based on vectorial mapping and a geo-referencing
database.