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Half-yearly financial Report at June 30, 2013 - A2A

Half-yearly financial Report at June 30, 2013 - A2A

Half-yearly financial Report at June 30, 2013 - A2A

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<strong>Half</strong>-<strong>yearly</strong> <strong>financial</strong> report <strong>at</strong> <strong>June</strong> <strong>30</strong>, <strong>2013</strong>Other inform<strong>at</strong>ionFormer ASM S.p.A. (merged into <strong>A2A</strong> S.p.A. from January 1, 2008)ASM S.p.A. has also challenged the decision before the Court of First Instance in Luxembourgwith an appeal filed on its own account on January 2, 2003 and ad adiuvandum in support ofAEM S.p.A. and AMGA S.p.A..ASM moreover considered th<strong>at</strong> the European Commission’s decision no. 2003/293/EC of July5, 2002 was not applicable because of the particular n<strong>at</strong>ure of its situ<strong>at</strong>ion: during the periodunder consider<strong>at</strong>ion the services provided by ASM S.p.A. in its areas of oper<strong>at</strong>ions were notopen to the market or free competition.On January 6, 2003 the Commission filed an objection claiming th<strong>at</strong> it could not accept theappeal. ASM S.p.A. promptly replied before the legal deadline. The Court set the meetingconcerning the objection claiming th<strong>at</strong> it could not accept the appeal on the merit by orderd<strong>at</strong>ed August 5, 2005.On February 28, 2008 the Court of First Instance communic<strong>at</strong>ed to ASM S.p.A its intention tocombine (only for the oral phase) the various lawsuits being brought by ASM S.p.A.,Confservizi, other majority-held public sector commercial companies and the Italian St<strong>at</strong>e,asking for the opinions of the parties concerned. ASM S.p.A. communic<strong>at</strong>ed to the Court th<strong>at</strong>it would welcome such a move to combine the various lawsuits.113The final hearing was held on April 16, 2008, and by a ruling d<strong>at</strong>ed <strong>June</strong> 11, 2009 the Court ofFirst Instance declared th<strong>at</strong> the appeal filed by AEM S.p.A. was admissible, but rejected it onmerit - as for those filed by the other appellants - taking the view th<strong>at</strong> the measure in questionconstituted St<strong>at</strong>e aid th<strong>at</strong> was prohibited under article 87.1 of the EC Tre<strong>at</strong>y, thereforeconfirming the decision taken by the Commission. With Sentence C 320/09 P published onDecember 21, 2011 the European Court of Justice turned down the appeal made by <strong>A2A</strong> S.p.A.(a similar rejection was made of the parallel appeals filed by other former municipalcompanies).The companies of the ASM Group involved in the recovery procedure (ASM S.p.A., also onbehalf of the merged BAS S.p.A. and Azienda Servizi Valtrompia S.p.A), in accordance with therequest contained in article 27 of Law no. 62 of April 18, 2005, sent the declar<strong>at</strong>ion required byarticle 27 of said law for each of the periods affected by the tax mor<strong>at</strong>orium.BAS S.p.A. Bergamo, which was merged with effect from May 18, 2005, and Azienda ServiziValtrompia S.p.A had neg<strong>at</strong>ive taxable income during the years in which the mor<strong>at</strong>oriumapplied and so it is probable th<strong>at</strong> no tax will be due.In April 2007 ASM S.p.A. received notific<strong>at</strong>ion of the communic<strong>at</strong>ion-injunction under article1 of Legisl<strong>at</strong>ive Decree no. 10/2007 from the Brescia Tax Revenue Office for the periods 1998and 1999.

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