2009 1st Half Report - Indesit

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Half-year report at 30 June 2009 List of related parties Faber Factor Spa Fines Fineldo Spa LTT Life Tool Technologies Spa Marcegaglia Spa Marcegaglia Building Spa M&B Marchi e Brevetti Spa MCP eventi Srl Merloni Maria Paola Merloni Progetti Spa MPE Spa M P & S Srl Mita srl MPE Energia Srl Protecno Sa Tradeplace BV Indesit Company UK Ltd Group Personal Pension Plan Co Env Type of relationship Other related - Controlled by Fineldo S.p.A., Group parent of Indesit company Other related - Related to a member of the Merloni family Group parent belonging to Vittorio Merloni Other related - Related to a member of the Merloni family Other related - Related to a Director of the Group Other related - Related to a Director of the Group Associate Other related - Related to a member of the Merloni family Other related - Member of the Merloni family Other related - Controlled by Fineldo S.p.A., Group parent of Indesit company Other related - Controlled by Fineldo S.p.A., Group parent of Indesit company Other related - Related to a member of the Merloni family Other related - Related to a member of the Vigilance Committee Other related - Controlled by Fineldo S.p.A., Group parent of Indesit company Other related - Related to a member of the Merloni family Associate Pension fund Associate Merloni Ireland Pension Plan Pension fund In addition to the above companies, the following physical persons are also deemed to be related parties: members of the Board of Directors and the Board of Statutory Auditors, managers with strategic responsibility for management, planning and control activities, and the close family members of these parties, as defined in IAS 24. Nature of relations with the principal related parties Indesit Company UK Ltd Group Personal Pension Plan and Merloni Ireland Pension Plan Indesit Company UK Ltd and the employees concerned contribute to The Indesit Company UK Ltd Group Personal Pension Plan and the Merloni Ireland Pension Plan under the pension rules applicable in the UK. The Merloni Progetti Group The Merloni Progetti Group leases property to Indesit Company. Schedules summarising transactions with related parties The table on the next page summarises the balances and transactions with the related parties identified above, distinguishing between the transactions with the parent company, associates and other related parties. Furthermore, in accordance with Consob Resolution no. 15519 dated 27 July 2006 and Consob Communication no. DEM/6064293 dated 28 July 2006, Attachments 3 and 4 present the consolidated income statement and balance sheet showing the transactions with related parties separately and indicating their percentage incidence with respect to each financial statement caption. There have not been any significant, atypical and/or unusual transactions with related parties (except those with regard to the pension funds described above). The increase in the cost of purchasing from related parties reported in Cost of sales is due to the classification of the cost of purchasing raw materials from the Marcegaglia group, which is considered a related part following the appointment of Emma Marcegaglia as a director of Indesit Company. Purchases for similar amounts were also made in previous years. 49
Half-year report at 30 June 2009 Schedules summarizing transactions with related parties (million Euro) 30 June 2009 30 June 2008 Revenue Other related 0,0 0,0 Associates - - Parent Company 0,2 0,2 Total 0,2 0,2 Cost of sales Associates - - Other related (3,5) (9,7) Total (3,5) (9,7) Selling and distribution expenses Other related (0,0) (0,5) Associates - - Total (0,0) (0,5) General and administrative expenses Associates - (0,4) Other related (0,0) (0,3) Parent Company - (0,1) Total (0,0) (0,7) Property, plant and equipment Associates - - Other related 3,5 Total 3,5 - Trade receivables Associates - - Other related 0,9 0,2 Parent Company 0,2 0,2 Total 1,2 0,4 Trade payables Associates - 0,0 Other related (2,9) 3,7 Parent Company 0,0 0,1 Total (2,9) 3,8 Other payables Parent Company - - Other related (0,1) (0,1) Total (0,1) (0,1) The amounts for other related parties within Cost of sales mainly relate to the Marcegaglia group, 2.8 million Euro, for the purchase of raw materials. The amounts for other related parties within Trade payables mainly relate to the Marcegaglia group, 2.6 million Euro. The amounts for other related parties within Trade receivables mainly relate to the advance paid to Vittorio Merloni (Chairman), 0.9 million Euro, for the property disposal assigned to home and guest quarters for Executives and Managers of the Group. The total amount of property disposal is 2.3 million Euro. 50
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Page 59: www.indesitcompany.com

2009 1st Half Report - Indesit

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