Reply SpA

More documents

Recommendations

Info

Statutory financial statements at December 31, 2010 Notes to the financial statements General information Note 1 - General information Note 2 - Accounting principles Note Note 3 - Financial risk management 4 - Other Income Statement Note 5 - Revenues Note 6 - Other revenues Note 7 - Purchases Note 8 - Personnel Note 9 - Services and other costs Note 10 - Amortization, depreciation and write-downs Note 11 - Other unusual operating income/(expenses) Note 12 - Result of equity investments Note 13 - Financial income/(expenses) Note 14 - Income taxes Note 15 - Earnings per share Financial position - Assets Note 16 - Tangible assets Note 17 - Goodwill Note 18 - Other intangible assets Note 19 - Equity investments Note 20 - Non current financial assets Note 21 - Deferred tax assets Note 22 - Trade receivables Note 23 - Other receivables and current asset Note 24 - Current financial assets Note 25 - Cash and cash equivalents Financial position Liabilities and shareholders’ equity Note 26 - Shareholders’ equity Note 27 - Payables to minority shareholders Note 28 - Financial liabilities Note 29 - Employee benefits Note 30 - Deferred tax liabilities Note 31 - Trade payables Note 32 - Other current liabilities Note 33 - Provisions Other information Note 34 - Transactions with related parties Note 35 - Additional disclosures to financial instruments and risk management policies Note 36 - Significant non-recurring transactions Note 37 - Transactions resulting from unusual and/or abnormal operations Note 38 - Guarantees, commitments and contingent liabilities Note 39 - Emoluments to Directors, Statutory Auditors and Key management Note 40 - Events subsequent to December 31, 2010 140
Income statement Statement of comprehensive income Statement of financial position Statement of changes in equity Statement of cash flows Notes to the financial statements Annexed tables Note 1 - General information Reply S.p.A. is an Italian company with legal headquarters in Turin (Italy), it is listed on the STAR segment of the Italian Stock Exchange (REY.MI) and is the holding of a leading Italian group operating in the e-business segment. The company mainly carries out the operational coordination and technical management of the group and also the administration, financial assistance and some purchase and marketing activities. Reply S.p.A. also carries out “fronting” activities with primary clients as the sole manager of the processes that are ISO 9001 compliant. Note 2 - Accounting principles Compliance with International accounting principles The year ended 2009 financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (“IASB”) and endorsed by the European Union and with the provisions implementing Article 9 of legislative Decree 38/2005. The designation “IFRS” also includes all valid International Accounting Standards (“IAS”), as well as all interpretations of the International Financial Reporting Interpretations Committee (“IFRIC”), formerly the Standing Interpretations Committee (“SIC”). Following the coming into force of European Regulation No. 1606 dated 19 July 2002, starting from January 1, 2005, Reply adopted International Financial Reporting Standards (IFRS) in the preparation of the financial statements. On the basis of national law implementing that Regulation, starting from January 1, 2006, Reply S.p.A is presenting its financial statements in accordance with IFRS. General principles The financial statements are prepared under the historical cost convention, modified as required for the valuation of certain financial instruments. The criteria of fair value is adopted as defined by IAS 39. The financial statements have been prepared on the going concern assumption. In this respect, despite operating in a difficult economic and financial environment, the Group’s assessment is that no material uncertainties (as defined in paragraph 25 of IAS 1) exist about its ability to continue as a going concern. These financial statements are expressed in Euros and are compared to the financial statements of the previous year prepared in accordance with the same principles. These financial statements have been drawn up under the general principles of continuity, accrual based accounting, coherent presentation, relevancy and aggregation, prohibition of compensation and comparability of information. The fiscal year consists of a twelve (12) month period and closes December 31, each year. Format of the financial statements The financial statements include, statement of income, statement of comprehensive income, statement of financial position, statement of changes in shareholders’ equity, statement of cash flows and the explanatory notes. The income statement format adopted by the company classifies costs according to their nature, which is deemed to properly represent the company’s business. 141
Page 1:
Annual Financial Report 2010
Page 5 and 6:
Board of directors and controlling
Page 7:
Financial highlights Economic figur
Page 11:
A company like Reply operates in a
Page 14 and 15:
Reply Annual Financial Report 2010
Page 16 and 17:
Page 18:
Page 21 and 22:
Reply’s own Enterprise Private Cl
Page 23 and 24:
The ever-increasing demand for serv
Page 25:
Gaming With around 57 million Europ
Page 28 and 29:
Page 30:
Page 33 and 34:
same way, Reply operates on the res
Page 35 and 36:
Definio Reply The Definio Reply pla
Page 38 and 39:
Page 41:
Annual Financial Report 2010
Page 44 and 45:
Report on operations Main risks and
Page 46 and 47:
Report on operations Financial risk
Page 48 and 49:
Report on operations Reclassified c
Page 50 and 51:
Report on operations Revenues by ge
Page 52 and 53:
Report on operations Net financial
Page 54 and 55:
Report on operations Acquisition of
Page 56 and 57:
Report on operations Since April, c
Page 58 and 59:
Report on operations Revenues from
Page 60 and 61:
Report on operations Corporate Gove
Page 62 and 63:
Report on operations The group inte
Page 64 and 65:
Report on operations Events subsequ
Page 67 and 68:
Consolidated financial statements a
Page 69 and 70:
Consolidated income statement Cons
Page 71 and 72:
Consolidated income statement Conso
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90: Consolidated income statement Conso
Page 123 and 124: Annexed tables 123
Page 129 and 130: Attestation in respect of the Conso
Page 131 and 132: Furthermore the Report on Operation
Page 133 and 134: 133
Page 135 and 136: Statutory financial statements at D
Page 137 and 138: Income statement Statement of comp
Page 139: Income statement Statement of compr
Page 143 and 144: Income statement Statement of compr
Page 183 and 184: Annexed tables 183
Page 189 and 190: Attestation in respect of the Statu
Page 191 and 192:
Statutory Auditors’ report to the
Page 193 and 194:
With reference to the above mention
Page 195 and 196:
13. Compliance with the conduct cod
Page 197 and 198:
15. Proposals to make to the Annual
Page 199:
199
Page 202 and 203:
Report on Coporate Governance Index
Page 204 and 205:
Report on Coporate Governance 2. Ow
Page 206 and 207:
Report on Coporate Governance H. Ch
Page 208 and 209:
Report on Coporate Governance 4. Co
Page 210 and 211:
Report on Coporate Governance The t
Page 212 and 213:
Report on Coporate Governance Claud
Page 214 and 215:
Report on Coporate Governance g) ev
Page 216 and 217:
Report on Coporate Governance The m
Page 218 and 219:
Report on Coporate Governance The B
Page 220 and 221:
Report on Coporate Governance 7. Co
Page 222 and 223:
Report on Coporate Governance The t
Page 224 and 225:
Report on Coporate Governance 11. I
Page 226 and 227:
Report on Coporate Governance cont
Page 228 and 229:
Report on Coporate Governance C. Or
Page 230 and 231:
Report on Coporate Governance Under
Page 232 and 233:
Report on Coporate Governance 14. S
Page 234 and 235:
Report on Coporate Governance 15. R
Page 236:
show all

Reply SpA

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?