Toto S.p.A. Costruzioni Generali

TOTO SPA COSTRUZIONI GENERALI13) Social securitypayables- due within 12 months 3,260,53114) Other payables- due within 12 months 7,765,2373,260,5317,765,237Total payables 339,010,958 13,470E) Accruals and deferred income- premiums on loans- miscellaneous 923,409923,409Total liabilities 416,890,685 118,106Memorandum accounts 31/12/2011 31/12/20104) Other memorandum accounts 175,284,786Total memorandum accounts 175,284,786Financial statements as of 31/12/2011 Page 25