Separate Financial Statements 2007 - Indesit

Separate Financial Statements as of 31 December 2007
In terms of environmental policy, Indesit Company supports actions and projects that respect
the environment and meet the requirements of stakeholders. Respect for and compliance with
environmental regulations are monitored and assessed periodically, considering also the
principles of proper environmental policy based on sustainable development and respect for the
environment as strategic success factors in the competitive arena.
The regulations on product responsibility include the WEEE (Waste Electrical and Electronic
Equipment) Directive which makes manufacturers responsible at a European level for the
recovery and disposal of waste products. The Directive, in force in Italy from November 2007,
imposes collective responsibility for products put on the market prior to 13 August 2005 and
separate responsibility for products sold after that date.
Treasury shares and shares in the parent company
Indesit Company S.p.A. did not purchase or sell any treasury shares or shares in the parent
company during the year, whether directly or via third parties. Information on the treasury
shares held is provided in the explanatory notes.
Financial instruments
Information about the policies adopted for the management of financial risks is provided in the
explanatory notes (note 7).
Forecast for operations
Macroeconomic uncertainties are somewhat greater than in the past two years. In this regard,
important factors for Indesit Company S.p.A. and the Group as a whole include the
performance of the markets in Western Europe, which contracted overall during the last quarter
of 2007; the depreciation of the British pound to its lowest level against the euro since the
introduction of the single currency; and the pressure on oil prices that affects the cost of plastics
and transportation.
On the other hand, hopeful signs for the future include the continued growth of the markets in
Eastern Europe, especially Russia, and expectations of further rises in the retail prices for
household appliances. Against this economic background, the Indesit Company Group will
continue implementation of the actions envisaged at the end of 2005 as part of the three-year
plan for 2006-2008, while also launching major initiatives in new markets with a view to
improving sales and profitability, despite current market uncertainties.
Proposed allocation of profit and distribution of dividends
Shareholders,
The Company's 2007 financial statements report a profit of Euro 55,775,801.80.
With regard to the distribution of dividends, we propose the payment of Euro 0,507 for each
ordinary share and Euro 0,529 for each savings share.
We propose that the residual net profit following the payment of dividends will be allocated to
the extraordinary reserve.
The exact total amount of the residual profit to be used for the payment of dividends will be
determined on the day of the shareholders‟ meeting, depending on the actual number of
ordinary shares outstanding following any exercise of the stock options granted by the
Company.
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