Toto S.p.A. Costruzioni Generali

TOTO S.P.A. COSTRUZIONI GENERALIThe main activities carried out in 2011 included: Substantial completion of the restoration of the existing roads on the sectionbetween the Pittaluga tunnel and the via Palmiro Togliatti intersection (betterknown as Zero lot). The construction of temporary structures, micropile bulkheads, jet groutingtension rods and large-diameter poles, as protection for the existing motorwayand for the construction of major and minor structures. The construction of the foundation piles for the main viaducts (Lunghezzina,Dell’Osa, Montegiardino, Aniene 2, Rampa E G.R.A. and La Rustica) The construction of foundation and elevation works for the Lunghezzina,Dell’Osa, Rampa E G.R.A. and La Rustica viaducts. The construction of minor structures for the S03, S01 and S04 underpasses andthe manholes. The movement of road box materials and materials needed for constructing thecellular walls and reinforced earth walls. The supply of steel structures for constructing the decks and pier caps. The construction of safety and sound barriers and the execution of both verticaland horizontal road signposting for the "Zero section" in particular.The recorded production, including charges for safety, for 2011 was around € 37,6million, while the progressive total from the beginning of the work (2010 and 2011)amounts to € 40.3 million. Total progress of the work under the contract is approximately20.5%.A24/25 Motorway – Execution of landmine clearances – Roma Est Slip RoadClient: Strada dei Parchi S.p.A.Description: Landmine clearance service – Preliminary work as part of the construction ofslip roads to the A24 Motorway from Via Palmiro Togliatti to the Roma Est station.Contractual amount: €. 766,026,00Contracting company: Toto S.p.A.In 2011 no progress on the landmine clearance work was made, pending the availabilityof the remaining areas to be cleared, which are currently not able to entered. Totalprogress therefore remained unchanged at 71%.Motorway A24/A25—Archaeological surveys and interference resolution - RomaEst slip roadsClient: Strada dei Parchi S.p.A.Description: Archaeological surveys and interference resolution – Preliminary work aspart of the construction of slip roads to the A24 Motorway from Via Palmiro Togliatti to theRoma Est station.Contractual amount: €. 8,023,941Contracting company: Toto S.p.A.The archaeological investigation and inference resolution work are part of the preliminaryactivities carried out by the operator Strada dei Parchi S.p.A.. The execution of thearchaeological surveys and the movement of the interferences were regulated by threesubsequent contractual agreements.Work was carried out by providing the operator Strada dei Parchi with the resourcesnecessary for the examination of the archaeological finds and to support interferenceresolution activities by the companies which own the infrastructure (distribution lines,electricity, telephone, water, etc.).In this respect, in 2011, production amounted to € 2.3 million, while total progress standsat € 7.0 million, equal to 88% of the work to be carried out.Thanks to the above archaeological surveys, in September 2010, the RomeArchaeological Department released all plot areas, except for two small areas called“Salone and “La Rustica”, which have already undergone in-depth investigations and forwhich the authorisation needed to be able to carry out the work is imminent.Directors’ Report to the financial statements as of 31/12/2011 Page 13