Separate Financial Statements 2007 - Indesit

Separate Financial Statements as of 31 December 2007
(million euro)
12/31/2007 12/31/2006
Redundancy charges (2,5) (14,9)
Charges for disposal of assets in industrial areas involved in
restructuring plans
- (1,8)
Curtailment TFR 4,8 -
Other incomes/expenses non-current (0,7) (2,0)
Total 1,6 (18,7)
Net of the effect of recognising non-recurring income and expenses, the operating profit from
continuing activities is indicated below:
(million euro)
12/31/2007 12/31/2006
Revenue 1.634,0 1.602,0
Operating profit (10,4) (1,5)
Operating profit % (0,6%) (0,1%)
Non-recurring items 1,6 (18,7)
Operating profit of recurring activities (12,1) 17,2
Operating profit of recurring activities % (0,7%) 1,1%
The change in operating profit is analysed in the Report on operations.
Attachment 2 (Income statement for the year ended 31 December 2007, prepared in accordance
with Consob Resolution no. 15519 dated 27 July 2006 and Consob Communication no.
DEM/6064293 dated 28 July 2006) to these notes summarises the overall effect of nonrecurring
expenses on the income statement.
Non-recurring income and expenses have an immediate cash flow effect, except for the
redundancy costs recorded in accordance with IAS 37 which, on average, are incurred over the
twelve months following the accounting recognition.
There is no monetary effect in relation to the non-recurring income recognised on the
adjustment of severance indemnities following the reform of supplementary pensions. The cash
flow used by non-recurring transactions during 2007 amounted to 8.1 million euro.
6.10. Dividends from subsidiaries, associates and others
The dividends collected by the Company during 2007 are detailed in the following table.
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