Tiscali 2014 Annual Report Download - page 98
Download and view the complete annual report
Please find page 98 of the 2014 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.-
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
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
 |
 |
Annual financial report as at 31 December 2014
Date
File Name
Status
Page
-
Annual Report as at 31
December 2014
98
“Plant and machinery” (EUR 27.2 million) include specific network equipment such as routers, DSLAM,
servers, and transmission devices installed at the LLU sites. The overall increase of EUR 2.6 million
reflects the investment pertaining to the development of the network infrastructure mainly for EUR 1.6
million inherent to the purchase of servers, EUR 0.6 million for transmission equipment and EUR 0.3
million for DSLAM installed as part of the project for developing the network which started to be
depreciated during 2014.
“Other tangible assets”, whose balance amounts to EUR 1.5 million, include furniture and furnishings,
electronic and electromechanical office equipment as well as motor vehicles.
The item “Tangible assets in course of construction and prepayments” whose balance comes to EUR
1.6 million, mainly include investments in network infrastructure.
Other non-current financial assets (note 15)
(EUR 000)
31 December 2014
31 December 2013
Guarantee deposits
6,944
6,944
Other receivables
1,848
1,670
Equity investments in other companies
1,982
2,099
Total
10,775
10,713
Guarantee deposits mainly relate to the Sale and lease back contract on the property in Cagliari (Sa
Illetta).
The item Equity investments in other companies mainly comprises the equity investment held by
Tiscali Italia S.p.A. in Janna S.c.p.a., a consortium company which is involved in the management of
an underwater fibre optics cable between Sardinia and the mainland and between Sardinia and Sicily.
Deferred tax assets (note 16)
At 31 December 2014, there were no prepaid tax assets recorded in the financial statements.
As at the balance sheet date, the Group had tax losses, which could be carried forward to subsequent
years for a total of EUR 758.2 million and timing differences for EUR 104.4 million. The taxes losses
refer to:
- the Parent company and the Italian subsidiaries for a total of EUR 244.8 million;
- Tiscali International B.V. and the Dutch subsidiaries for a total of EUR 35.1 million;
- the German subsidiaries for a total of EUR 274.5 million;
- Tiscali UK Holdings for a total of EUR 203.7 million;