Tiscali 2001 Annual Report Download - page 130

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122
III - LONG-TERM INVESTMENTS
1) PARTICIPATIONS
As of December 31, 2001, this account included participations in subsidiary Companies
amounting to approximately EUR 2,099.7mn, participations in affiliated Companies equal
to EUR 0.9mn and participations in other Companies amounting to EUR 4.7mn.
The tables below display the detailed balance sheet entries and changes thereto with
respect to the same period of the previous FY, as well as the listing of the Company's
participations in subsidiary and affiliated Companies pursuant to art. 2427, paragraph 5 of
the Italian Civil Code.
COMPOSITION OF PARTICIPATIONS
12.31.2001 12.31.2000
SUBSIDIARIES COST REVAL. (DEVAL.) B/S VALUE COST REVAL. (DEVAL.) B/S VALUE
Best Engineering SpA 5,643 (4,353) 1,290 5,643 5,643
CD Telekomunikace sro 22,641 (8,834) 13,807 20,372 20,372
Energy Byte SpA 523 523 523 523
Excite Italia BV 27,000 27,000
Gilla SpA 1,250 (1,250)
Guglielmo GmbH 14,704 (10,511) 4,193
Ideare SpA 6,745 (3,747) 2,998 6,745 6,745
Informedia Srl 535 (277) 258 558 (101) 457
Liberty Surf Group SA 599,812 (80,883) 518,929
Motorcity SpA 500 500 500 500
Nets SA 17,720 (3,105) 14,615 17,720 17,720
Quinary SpA 24,292 (18,378) 5,914 23,559 23,559
STS Srl 3,228 3,228 3,228 3,228
SurfEU.com Ltd being wound up 26,784 (18,219) 8,565
Tiscali Belgium Holding SA being wound up 57 (57) 57 57
Tiscali Datacomm AG (ex Datacomm AG) 63,682 (35,300) 28,382 63,682 (3,861) 59,821
Tiscali Finance SA 125 125 125 125
Tiscali Reseaux SA (ex Tiscali France SA) 154,597 (149,597) 5,000 121,366 (25,494) 95,872
Tiscali Deutschland GmbH (ex Nikoma) 283,475 (230,309) 53,166 283,475 (16,662) 266,813
Tiscali Telecomunicaciones SA 2,452 (2,327) 125 2,100 2,100
World Online International NV 1,809,694 (400,660) 1,409,034 1,752,051 1,752,051
Andaledda SpA 88 88 88 88
Tiscali Czech Republic sro 39 39 39 39
Connect Software Inc 1,027 1,027 1,000 1,000
Tiscali Armament Sarl 892 892
Total 3,067,505 (967,807) 2,099,698 2,302,831 (46,118) 2,256,713