Tiscali 2014 Annual Report Download - page 146

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Annual financial report as at 31 December 2014
Date
File Name
Status
Page
-
Annual Report as at 31
December 2014
146
Payroll and related costs (note 3)
Payroll and related costs are stated in detail as follows:
(EUR 000)
2014
2013
Wages and salaries
1,457
1,292
Other personnel costs
467
408
Total
1,924
1,699
With regard to the payroll and related costs, there was a minor saving deriving from the use of the
solidarity agreement achieved by the Group in 2014, with respect to the previous year, also due to the
transfer of a number of resources to the subsidiary Tiscali Italia S.p.A. during the last few months of
2014.
At 31 December 2014, the Tiscali Group had 5 FTE employees. The breakdown by category and the
corresponding balance at 31 December 2013 are presented below.
Category
2014
2013
Executives
5
5
Middle managers
-
1
Office staff
-
3
Total
5
9
Other operating income/ (costs) (note 4)
The table below shows a breakdown of these costs:
EUR 000
2014
2013
Other operating costs/(income)
2,671
757
Total
2,671
757
The item includes the net effect deriving from sundry operating charges for EUR 0.1 million, write-offs
of liabilities from previous years for around EUR 0.6 million as well as the positive effect of the
recognition of the amount due from Synergo SGR for the issue of the escrow relating to the sale of
Tinet S.p.A. for EUR 0.5 million. The item also includes the recharge to the subsidiary Tiscali Italia
S.p.A. of the fines accrued on the VAT payable pertaining to the same.
Write-downs of receivables and other write-downs (note 5)
EUR 000
2014
2013
Write-down of receivables
165
372
Restructuring costs and other write-downs
1,415
913
Total
1,580
1,285