Tiscali 2012 Annual Report Download - page 112

Download and view the complete annual report

Please find page 112 of the 2012 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.

Page out of 183

  • 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

7
6.2 Equity and financial position
31.12 31.12
(EUR 000) 2012 2011
Non-current assets 134,078 137,129
Current assets
1,783 829
Assets held for sale - -
Total Assets 135,861 137,958
Shareholders’ equity 61,940 65,055
Total Shareholders’ equity 61,940 65,055
Non-current liabilities 22,357 ,509
Current liabilities
51,564 52,394
Liabilities directly related to assets held for sale - -
Total Liabilities and Shareholders’ equity 135,861 137,958
Assets
Non-current assets
Non-current assets include controlling equity investments for a total of EUR 131 million and other
financial assets amounting to EUR 3 million essentially represented by financial receivables due to
Group companies.
Current assets
Current assets include “Receivables from customers” for EUR 1.5 million and “Other receivables and
other current assets” for EUR 0.2 million essentially relating to tax receivables, accrued income and
prepayments 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 18 million generated from
provisions set aside for disputes and contingent liabilities.
Current liabilities
Current liabilities not relating to the financial position are mainly represented by payables to suppliers
for EUR 5 million (all third parties) compared with EUR 7.8 million last year (EUR 0.4 million of which
due to Group companies).