Attachment A - Investments

(€ 000)                   value of financial statements
Name Head office Share capital Shareholders' equity Profit (loss) for 2010 Total shareholders' equity   Shares held   Attributable shareholders' equity Purchased/established Capital contributions Doubtful accounts Total
Subsidiary companies












Cemit Interactive Media SpA S. Mauro Torinese (TO) 3,835 7,535 1,746 9,281
100.00%
9,281 15,585

15,585
Edizioni Piemme SpA Milan 567 11,553 5,344 16,897
90.00%
15,207 22,100

22,100
Giulio Einaudi Editore SpA Turin 23,920 32,371 7,035 39,406
100.00%
39,406 28,504

28,504
Mondadori Education SpA Milan 10,608 39,000 10,336 49,336
100.00%
49,336 56,217

56,217
Mondadori Electa SpA Milan 1,594 6,462 (1,377 ) 5,085
100.00%
5,085 6,348

6,348
Mondadori Franchising SpA Rimini 1,954 5,876 5,635 11,511
100.00%
11,511 1,882 2,001
3,883
Mondadori Iniziative Editoriali SpA Milan 500 1,169
1,169
100.00%
1,169 500 700 (426) 774
Mondadori International SA Luxembourg 350,736 400,744 (10,179) 390,565
100.00%
390,565 357,012

357,012
Mondadori Pubblicità SpA Milan 3,120 9,251 (4,567) 4,684
100.00%
4,684 3,898 6,098 (5,311) 4,685
Mondadori Retail SpA Milan 2,700 7,293 (6,408) 885
100.00%
885 2,956 1,305 (3,376) 885
Mondolibri SpA Milan 1,040 8,383 (36) 8,347
100.00%
8,347 9,760

9,760
Press-Di Distribuzione Stampa e Multimedia Srl Milan 1,095 2,005 5,421 7,426
100.00%
7,426 1,095

1,095
Monradio Srl Milan 3,030 55,584 (11,518) 44,066
100.00%
44,066 49,499 49,956 (17,445) 82,010
Prisco Spain SA Barcelona 60 42 (5) 37
100.00%
37 7,856

7,856
Sperling & Kupfer Editori SpA Milan 1,556 2,158 1,410 3,568
100.00%
3,568 10,366

10,366
Sporting Club Verona Srl Milan 100 100
100
100.00%
100 100

100
Total                 590,673 573,678 60,060 (26,558) 607,180
Associate companies:












ACI-Mondadori SpA Milan 590 1,584 (15) 1,569
50.00%
785 540

540
Gruner und Jahr/Mondadori SpA Milan 2,600 4,507
4,507
50.00%
2,254 1,203

1,203
Random House Mondadori SA Barcelona 6,825 74,725 (8,161) 66,564 (d) 6.01% (b) 4,000 13,842
(1,800) 12,042
Harlequin Mondadori SpA Milan 258 315 896 1,211
50.00%
606 402

402
Hearst Mondadori Editoriale Srl Milan 100 306 269 575
50.00%
288 50 49
99
Mach 2 Libri SpA Peschiera Borromeo 646 10,055 1,523 11,578
30.91%
3,579 3,947


Mondadori Rodale Srl Milan 90 329 (113) 216
50.00%
108 45

45
Società Eurpea di Edizioni SpA Milan 10,298 11,498 (8,969) 2,529
36.90%
933 3,799 443 (3,270) 972
Mondadori Printing SpA Cisano Bergamasco 45,396 61,775 8,155 69,930
20.00%
13,986 15,864

15,864
Totale                 26,537 39,692 492 (5,070) 35,114
Other companies:












Consuledit Srl Milan 20 40
40
9.54%
4 1

1
Editrice Portoria SpA (in bankruptcy) Milan 364 300
300 (a) 16.78%
50 61
(60) 1
Immobiliare Editori Giornali Srl Rome 830 5,890
5,890
7.88%
464 52

52
Soc. Editrice Il Mulino SpA Bologna 1,175 1,685
1,685
7.05%
119 101

101
Total                 637 215 0 (60) 155
Total direct investments                 617,848 613,585 60,552 (31,688) 642,449
(a) Shareholders' equity at 31/12/1999
(b) Assocaited to 50% through Mondadori International SpA and Prisco Spain SA
(d) IAS consolidated financial statements
Note: the values refer to the equity and financial data prepared in accordance with accounting standards used for preparing the individual financial statements of the invested companies
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