Tiscali 2012 Annual Report Download - page 23

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Annual financial report as at 31 December 2012
Date File Name Status Page
-
Annual Report as at 31
December 2012 23
Financial position
At 31 December 2012, the Tiscali Group held cash and cash equivalents totalling EUR 4.5 million,
against a net financial debt, at the same date, of EUR 186.5 million (EUR 193.5 million as at 31
December 2011).
(EUR mln) Notes 31 December
2012
31 December
2011
A. Cash and Bank deposits 4.4 6.6
B. Other cash equivalents 0.1 0.1
C. Securities held for trading - -
D. Cash and cash equivalents (A) + (B) + (C) 4.5 6.7
E. Current financial receivables 0 -
F. Non-current financial receivables (1) 6.3 6.3
G. Current bank payables (2) 6.3 14
H. Current portion of non-current debt (3) 9.5 9.6
I. Other current financial payables (*) (4) 0.1 0.6
J. Current financial debt (G) + (H) + (I) 16.0 24
K. Net current financial debt (J) – (E) – (D) - (F) 5.1 11.0
L. Non-current bank payables (5) 122.7 124.4
M. Bonds issued - -
N. Other non-current payables (**) (6) 58.6 58.1
O. Non-current financial debt (N) + (L) + (M) 181.3 182.5
P. Net Financial Debt (K) + (O) 186.5 193.5
(*) includes short-term financial leasing payables
(**) includes long-term financial leasing payables
Notes:
(1) Includes the interest-bearing restricted deposit relating to the financial Sale & lease-back
transaction on Sa Illetta;
(2) Includes the bank payables of Tiscali Italia S.p.A. and Tiscali S.p.A.;
(3) Includes the short-term component equal to EUR 9.5 million relating to payables to Senior
Lenders (principal and interest portions repayable within 12 months);
(4) Includes EUR 0.1 million of short-term leasing of the subsidiary Tiscali Italia S.p.A.;
(5) The entire amount of EUR 122.7 million relates to the long-term component of the debt due to
Senior Lenders;
(6) Includes the “Sale and Lease Back Sa Illetta” debt for EUR 58 million.