185000000 IT Holding Finance SA

IT HOLDING S.p.A. Notes to the consolidated financial statements for the year ended December 31, 2002
• Payables, as well as related costs, due to the Law Office of Pavia e Ansaldo, of which Mr. Antonio Di Pasquale,
IT HOLDING S.p.A. Director, is partner, relate to legal services. The costs incurred include Euro 536 thousand
for professional services and were capitalized under start-up and expansion costs as they are directly related to the
extraordinary transactions detailed in the “Directors’ Discussion and Analysis”.
• The remaining balances represent transactions with counterparties, some of whom are closely related to Group
directors.
There were no irregular or unusual transactions during 2002.
Transactions were carried out on an arm’s length basis.
Additional details on relationships with related parties are provided in the notes to the consolidated financial
statements.
Remuneration of Directors and Statutory Auditors
Category 2002 remuneration 2001 remuneration
Directors............................................................................................................... 2,576 1,373
Statutory Auditors................................................................................................ 414 257
Total remuneration due to directors and members of the board of statutory auditors amount to Euro 2,576 thousand
and Euro 414 thousand respectively.
Neither the Directors and the Statutory Auditors have any interest in extraordinary transactions performed by IT
HOLDING S.p.A. during 2002 or in begun in previous years and not yet concluded.
At the balance sheet date, no Directors or Statutory Auditors had received any loans from the company.
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