Toto S.p.A. Costruzioni Generali

TOTO SPA COSTRUZIONI GENERALICompanies Register 02208250692REA (Economic Administrative Index) 160647TOTO SPA COSTRUZIONI GENERALIJoint-stock company with sole shareholder managed and coordinated by Toto Holding S.p.A..Registered office in Viale Abruzzo 410 - 66100 CHIETI (CH)Share capital € 50,000,000.00 fully paid-upNotes to the financial statements as of 31/12/2011ForewordToto Spa Costruzioni Generali (in short Toto S.p.A.) is the company of the Toto group which directly andindirectly - through its subsidiary and affiliated companies – operates in the following areas of business:design and construction of infrastructure and residential and industrial buildings.Business activitiesOn the Italian market, Toto S.p.A. Costruzioni Generali is one of the top building firms specialised in thedesign and construction of large-scale transport infrastructure.At the reporting date, the company had an order portfolio of approximately € 519 million.Group membershipThe company belongs to the Toto group which is responsible for its management and coordination via thecompany Toto Holding S.p.A..In accordance with current law, the company made use of the option not to prepare the group’s consolidatedfinancial statements, despite holding controlling interests directly in the companies Alitec S.p.A., IMC Srl,Parchi Scarl, Interporto Scarl, Toto S.p.A. in Association With Taddei S.p.A. Scarl and Ics Toto Taddei Srlsince the consolidated financial statements are drawn up by the parent Toto Holding S.p.A.The following table provides key figures from the last financial statements approved by the aforesaidcompany which is responsible for management and coordination.Description 2010 2009BALANCE SHEETASSETS 0 0A) Subscribed capital unpaidB) Fixed assets 470,675,620 416,815,181C) Current assets 229,663,976 239,901,256D) Prepayments and accrued income 1,776,592 1,657,294Total Assets 702,116,188 658,373,731Notes to the financial statements as of 31/12/2011 Page 29