Annual Report 2011 - Fai
Annual Report 2011 - Fai
Annual Report 2011 - Fai
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Financial Statements - Balance Sheet<br />
ASSETS 31.12.<strong>2011</strong> 31.12.2010<br />
LIABILITIES 31.12.<strong>2011</strong> 31.12.2010<br />
FIXED ASSETS<br />
INTANGIBLE<br />
Costs with long-term utility 190,708 197,342<br />
Assets on loan or licensed 2,882,557 3,073,265 3,453,135 3,650,477<br />
EQUITY FUNDS<br />
INITIAL EQUITY AND RESERVES<br />
ENDOWMENT FUND 258,228 258,228<br />
RESERVE FOR OPERATING ACTIVITIES 14,648,920 13,673,769<br />
SURPLUS/(DEFICIT) FOR THE YEAR -442,871 14,464,277 -993,892 12,938,105<br />
TANGIBLE<br />
Land and Buildings<br />
- Institutional 73,136,681 65,572,754<br />
- Non - Institutional 3,480,224 3,225,273<br />
Total, Land and Buildings 76,616,905 68,798,027<br />
Tangible Assets subject to Depreciation<br />
Plant and Machinery 142,562 171,016<br />
Equipment 70,713 74.626<br />
Photo Library 1,301 263<br />
Motor vehicles 338 1,014<br />
Office Furniture and Furnishings 123,236 93,782<br />
Office Equipment 172,882 140,320<br />
Total, Tangible Assets subject to Depreciation 511,032 77,127,937 481,021 69,279,048<br />
FINANCIAL<br />
Participations in Subsidiaries - 1<br />
Receivables from Subsidiaries - - 181,842 181,843<br />
TOTAL FIXED ASSETS 80,201,202 73,111,368<br />
CURRENT ASSETS<br />
CLOSING BALANCE 158,488 149,783<br />
RECEIVABLES – short-term<br />
Receivable from customers 1,057,321 831,307<br />
Receivable from bodies corporate (approved contributions) 5,003,462 5,362,503<br />
Other Receivables 881,603 6,942,386 837,519 7,031,329<br />
OTHER EQUITY FUNDS<br />
RECAPITALISATION RESERVE 13,624,272 12,876,584<br />
PROVISION FOR SPECIFIC CONTRIBUTIONS 50,928,160 64,552,432 46,945,027 59,821,611<br />
EQUITY 79,016,709 72,759,716<br />
PROVISIONS FOR<br />
CONTINGENCIES AND<br />
OTHER LIABILITIES<br />
PROVISION FOR LOSSES FROM SUBSIDIARIES - 181,842<br />
PROVISION FOR SPECIFIC CONTRIBUTIONS<br />
2,814,814 3,284,140<br />
FOR ASSETS ON LOAN OR LICENSED<br />
PROVISION FOR CONTRIBUTIONS SPECIFIC<br />
118,968 157,879<br />
TO TANGIBLE ASSETS<br />
RESTRICTED RESERVES 3,443,959 6,377,741 5,769,599 9,393,460<br />
SEVERANCE INDEMNITY FUND<br />
FOR EMPLOYEES<br />
875,629 935,449<br />
LIABILITIES – short-term<br />
to Suppliers 4,595,272 3,197,094<br />
to Social Security Institutions 402,590 265,121<br />
to the Italian Revenue 354,462 218,651<br />
to Employees 513,732 414,868<br />
Sundry 142,969 385,279<br />
Deposits Received 50,764 84,964<br />
Bank and postal deposits 4,584,207 2,039,687<br />
Short-term payments, FRISL and other loans 72,351 10,716,347 160,881 6,766,545<br />
SECURITIES<br />
Available 6,534,574 6,106,604<br />
Inalienable – serving as security 4,734,805 11,269,379 4,696,183 10,802,787<br />
CASH AND CASH EQUIVALENTS<br />
Bank and postal deposits 222,224 449,744<br />
Cash 65,487 287,711 78,584 528,328<br />
LIABILITIES – long-term 974,568 923,131<br />
ACCRUED LIABILITIES AND<br />
DEFERRED INCOME<br />
1,145,316 1,029,309<br />
TOTAL LIABILITIES 99.106.310 91.807.610<br />
TOTAL CURRENT ASSETS 18,657,964 18,512,227<br />
MEMORANDUM ACCOUNTS<br />
Guarantees provided by third parties 1.164.750 1.788.022<br />
PREPAYMENTS AND ACCRUED INCOME 247,144 184,015<br />
TOTAL ASSETS 99,106,310 91,807,610<br />
70 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 71
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