Sisal Annual Report 2011 - Permira

More documents

Recommendations

Info

Consolidated Financial Statementsas of December 31, 2011Statement of Financial Position - Assets Notes 12.31.2011 12.31.2010(in thousands of Euro)A) NON-CURRENT ASSETSProperty, plant and equipment 1) 119,677,631 115,319,840Goodwill 2) 886,519,665 870,083,359Intangible assets 3) 286,437,364 338,289,966Investments accounted for using the equity method 4) 22,267 32,684Deferred tax assets 5) 18,997,531 8,781,664Other non-current assets 6) 11,883,007 11,713,925Assets held for sale/discontinued operations 7) 0 0Total non-current assets 1,323,537,465 1,344,221,438B) CURRENT ASSETSInventories 8) 14,506,910 10,408.097Trade receivables 9) 183,982,923 177,082,555Current financial assets 10) 1,004,098 1,549Other current assets 11) 39,780,744 24,616,817Taxes receivable 12) 12,266,096 9,417,418Cash and cash equivalents 13) 283,691,629 472,881,175Total current assets 535,232,400 694,407,611TOTAL ASSETS 1,858,769,865 2,038,629,04945 CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2011
Statement of Financial Position - Equity and Liabilities Notes 12.31.2011 12.31.2010(in thousands of Euro)A) EQUITY 14)Share capital 102,500,000 102,500,000Legal reserve 200,000 200,000Share premium reserve 94,484,316 94,484,316Other reserves (83,558,385) (70,658,030)Loss for the year (29,357,861) (13,383,754)Total equity attributable to Owners of the Parent 84,268,070 113,142,532Equity attributable to non-controlling interests 638,980 681,631Total equity 84,907,050 113,824,163B) NON-CURRENT LIABILITIESLong-term debt 15) 1,082,269,643 1,051,976,137Provision for employee severance indemnities 16) 7,876,214 7,592,445Deferred tax liabilities 17) 33,648,455 35,218,282Provisions for risks and charges 18) 15,222,577 9,151,522Other non-current liabilities 19) 6,319,908 2,576,025Liabilities relating to assets held for sale/discontinued operations 20) 0 0Total non-current liabilities 1,145,336,797 1,106,514,411C) CURRENT LIABILITIESTrade and other payables 21) 259,159,082 227,157,791Short-term debt 22) 40,894,021 35,791,395Current portion of long-term debt 23) 22,077,672 23,080,433Other current liabilities 24) 290,259,884 522,767,087Taxation payable 25) 16,135,359 9,493,769Provisions for risks and charges 26) 0 0Total current liabilities 628,526,018 818,290,475TOTAL LIABILITIES AND EQUITY 1,858,769,865 2,038,629,04946 SISAL ANNUAL REPORT 2011
Page 2 and 3: Sisal Annual Report 2011
Page 6: Finally, we focused on expanding ou
Page 9 and 10: Group CompaniesSisal Holding Istitu
Page 12 and 13: Ugo Nespolo, Polvere e basalto (det
Page 15 and 16: (in million of Euro) 2007 2008 2009
Page 17 and 18: ne10.3%4,4004,0183,9093,8492,596-16
Page 19 and 20: co-In the context of a market which
Page 21 and 22: Within the Group, the aforementione
Page 23 and 24: • The “convenience services bus
Page 25 and 26: The excellent level of operating pr
Page 27 and 28: • In Director’s Decree of Augus
Page 29 and 30: The Court therefore wished to clari
Page 31 and 32: Equally dubious and untrue is AAMS
Page 33 and 34: If the national Court of Auditors s
Page 35 and 36: Principal risks and uncertainties t
Page 37 and 38: At the same time the above inspecti
Page 39 and 40: In December 2011, a general tax ins
Page 41 and 42: As we know, the tenders for the awa
Page 43 and 44: Number and nominal value of treasur
Page 45: • issue of bank guarantees by the
Page 49 and 50: Statement of Changes in EquityATTRI
Page 51 and 52: Explanatory Notes to the Consolidat
Page 53 and 54: The second refers to the finalisati
Page 55 and 56: Translation of financial statements
Page 57 and 58: Intangible assetsThe intangible ass
Page 59 and 60: Financial assetsFinancial assets ar
Page 61 and 62: InventoriesInventories of playslips
Page 63 and 64: The severance indemnity cost in the
Page 65 and 66: Any charges related to disputes wit
Page 67 and 68: Changes in accounting standards ado
Page 69 and 70: Liquidity riskLiquidity risk is the
Page 71 and 72: Other informationAs part of a proce
Page 73 and 74: Property, plant and equipment, as d
Page 75 and 76: During the course of the year, the
Page 77 and 78: Intangible assets (3)Intangible ass
Page 79 and 80: Deferred tax assets (5)The informat
Page 81 and 82: Inventories of finished goods and m
Page 83 and 84: Current financial assets (10)Curren
Page 85 and 86: Cash and cash equivalents (13)Cash
Page 87 and 88: The plans thus structured co-exist
Page 89 and 90: Sisal S.p.A.Amortisation PlanResidu
Page 91 and 92: Deferred tax liabilities (17)The in
Page 93 and 94: C) Current LiabilitiesTrade and oth
Page 95 and 96: Payables for winnings include jackp
Page 97 and 98:
Taxation payable (25)Taxation payab
Page 99 and 100:
Categories of financial assets and
Page 101 and 102:
ReclassificationThe Group has not c
Page 103 and 104:
• Other receivables include insur
Page 105 and 106:
Market riskMarket risk is the risk
Page 107 and 108:
Notes to the Statementof Comprehens
Page 109 and 110:
Purchases of materials, consumables
Page 111 and 112:
Lease and rent expenses (32)These e
Page 113 and 114:
Finance income and similar (36)Fina
Page 115 and 116:
Annex 1List of Companies Included i
Page 117 and 118:
116 SISAL ANNUAL REPORT 2011
Page 119 and 120:
Sisal Holding Istituto di Pagamento
Page 121:
Printed by Arti Grafiche MeroniLiss
show all

Sisal Annual Report 2011 - Permira

Create successful ePaper yourself

Delete template?

Save as template?