Consolidated balance sheet as per Consob deliberation 15519 of 27 July 2006

Assets
(€ 000)
Note At
31/12/2010
Including related
parties (Note 33)
At
31/12/2009
Including related
parties (Note 33)






Intangible assets 2 901,468 - 904,283 -






Investment property 3 2,383 - 2,470 -






Land and buildings
10,680 - 11,374 -
Plant and machinery
5,513 - 7,184 -
Other tangible fixed assets
39,766 - 29,747 -
Property, plant and equipment 4 55,959 0 48,305 0






Investments accounted for using the equity method
131,464 - 143,329 -
Other investments
222 - 221 -
Total investments 5 131,686 0 143,550 0






Non-current financial assets 12 1,889 - 483 -
Deferred tax assets 6 45,679 - 46,238 -
Other non-current assets 7 1,390 - 2,897 -
Total non-current assets
1,140,454 0 1,148,226 0






Tax receivables 8 28,709 2,481 23,578 -
Other current assets 9 81,667 - 87,042 -
Inventories 10 131,484 - 124,010 -

11 385,207 39,155 378,269 39,288
Securities and other current financial assets 12 31,942 1,399 41,369 2,508
Cash and cash equivalents 13 84,901 - 119,627 -
Total current assets
743,910 43,035 773,895 41,796






Assets held for sale
- - - -






Total assets
1,884,364 43,035 1,922,121 41,796
Liabilities
(€ 000)
Note At
31/12/2010
Including related
parties (Note 33)
At
31/12/2009
Including related
parties (Note 33)






Share capital
67,452 - 67,452 -
Share premium reserve
286,857 - 286,857 -
Treasury shares
(144,968) - (138,840) -
Other reserves and retained earnings
327,771 - 294,701 -
Profit (loss) for the year
42,101 - 34,333 -
Total shareholders’ equity attributable to the Group 14 579,213 0 544,503 0






Capital and reserves attributable to minorities 15 1,750 - 1,778 -
Total shareholders’ equity
580,963 0 546,281 0






Provisions 16 43,416 - 58,381 -
Employees’ leaving entitlement and termination indemnities 17 53,159 - 59,037 -
Non-current financial liabilities 18 418,468 50,000 382,187 -
Deferred tax liabilities 6 91,189 - 89,140 -
Other non-current liabilities
- - 72 -
Total non-current liabilities
606,232 50,000 588,817 0






Income tax payables 19 22,619 18,487 20,380 19,880
Other current liabilities 20 250,966 - 256,731 -
Trade payables 21 380,895 90,891 357,693 92,243
Payables to banks and other financial liabilities 18 42,689 8,831 152,219 7,232
Total current liabilities
697,169 118,209 787,023 119,355






Liabilities held for sale
- - - -






Total liabilities and shareholders’ equity
1,884,364 168,209 1,922,121 119,355
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