Tiscali 2014 Annual Report Download - page 163
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Annual financial report as at 31 December 2014
Date
File Name
Status
Page
-
Annual Report as at 31
December 2014
163
Transactions with related parties
During 2014, the Tiscali S.p.A. had a number of dealings with related parties.
These were transactions regulated on an arms’-length basis; the table below summarises the balance
sheet and income statement values recorded in the Parent Company’s financial statements at 31
December 2014 arising from transactions with related parties.
The effects on the income statement are indicated as follows:
INCOME STATEMENT
2014
of which:
related
parties
%
change
(EUR 000)
Revenues
4,399
4,264
97%
Other income
-
Purchase of materials and outsourced services
(1,376)
(415)
30%
Payroll and related costs
(1,924)
Other operating costs
2,671
2,889
108%
Write-downs of receivables from customers
(165)
Restructuring costs and other write-downs
(1,416)
(138)
10%
Amortisation/depreciation
-
Operating result
2,190
1,653
Portion of result of equity investments carried at equity
Net financial income (charges)
(1,590)
(1,141)
72%
Pre-tax result
600
511
Income taxes
(49)
Net result from operating activities (on-going)
550
511
Result from assets disposed of and/or destined for disposal
-
Net result
550
511