Tiscali 2012 Annual Report Download - page 90

Download and view the complete annual report

Please find page 90 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

Annual financial report as at 31 December 2012
Date File Name Status Page
-
Annual Report as at 31
December 2012 90
Current and non-current financial liabilities (note 26)
Net financial position
The Group’s net financial position is illustrated in the following table:
EUR 000 31 December
2012
31 December
2011
A. Cash and Bank deposits 4,406 6,564
B. Other cash equivalents
C. Securities held for trading
D. Cash and cash equivalents (A) + (B) + (C) 4,406 6,564
E. Current financial receivables - -
F. Non-current financial receivables
G. Current bank payables 6,327 13,835
H. Current portion of non-current debt 9,542 9,625
I. Other current financial payables (*) 95 581
J. Current financial debt (G) + (H) + (I) 15,964 24,040
K. Net current financial debt (J) – (E) – (D) - (F) 11,558 17,476
L. Non-current bank payables 122,711 124,417
M. Bonds issued
N. Other non-current payables (**) 58,618 58,068
O. Non-current financial debt (N) + (L) + (M) 181,329 182,485
P. Net Financial Debt (K) + (O) 192,887 199,961
(*) includes short-term financial leasing payables
(**) includes long-term financial leasing payables
The table above has been drawn up in light of Consob Communication No. DEM/6064293 dated 28
July 2006.
The table below shows the reconciliation between the net financial position drawn up on the basis of
the Consob communication and the net financial position as show in the Report on operations.
(EUR mln) 31 December
2012
31 December
2011
Consolidated net financial debt 186.5 193.5
Other cash equivalents and non-current financial receivables 6.4 6.0
Consolidated net financial debt prepared on the basis of Consob
communication No. DEM/6064293 dated 28 July 2006 192.9 200.0