Balance sheet as per Consob deliberation 15519 of 27 July 2006

Assets
(€ 000)
Note 31/12/2010 Including related parties
(note 30)

31/12/2009
Including related parties
(note 30)
Intangible assets 1 91,116
91,530
Investment property 2 2,383
2,470
Land and buildings
8,317
8,873
Plant and machinery
4,766
5,515
Other tangible fixed assets
3,907
3,441
Property, plant and equipment 3 16,990
17,829
Investments 4 642,449
604,703
Non-current financial assets
50,605 50,000 -
Advance tax assets 5 20,766
21,556
Other non-current assets 6 465
454
Total non-current assets
824,774 50,000 738,542
Tax receivables 7 14,859
6,378
Other current assets 8 39,101
119,631
Inventories 9 31,620
31,256
Trade receivables 10 222,635 132,283 204,399 122,209
Other current financial assets 11 93,699 91,536 104,471 103,098
Cash and cash equivalents 12 73,440
35,422
Total current assets
475,354 223,819 501,557 225,307
Assets held for sale
-
-
Total assets
1,300,128 273,819 1,240,099 225,307
Liabilities and shareholders’ equity
(€ 000)
Note 31/12/2010 Including related parties
(note 30)

31/12/2009
Including related parties
(note 30)
Share capital
67,452
67,452
Share premium reserve
286,857
286,857
Treasury shares
(110,130)
(104,002)
Other reserves and retained earnings
222,192
167,664
Profit (loss) for the year
51,733
53,180
Total shareholders’ equity 13 518,104
471,151
Provisions 14 27,521
36,398
Employees’ leaving entitlement and termination indemnities 15 24,393
32,434
Non-current financial liabilities 16 265,022 50,000 140,032
Deferred tax liabilities 5 19,936
19,032
Other non-current liabilities
-
-
Total non-current liabilities
336,872 50,000 227,896
Income tax payables 17 14,306 14,306 17,625 17,625
Other current liabilities 18 69,482
74,873 -
Trade payables 19 173,983 101,719 159,952 93,262
Payables to banks and other financial liabilities 16 187,381 157,024 288,602 161,656
Total current liabilities
445,152 273,049 541,052 272,543
Liabilities held for sale
-
-
Total liabilities and shareholders’ equity
1,300,128 323,049 1,240,099 272,543
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