Toto S.p.A. Costruzioni Generali

TOTO SPA COSTRUZIONI GENERALIDescriptionAmountAutostrade per l’Italia S.p.A. 16,688,601Ambra Srl 5,721,960The nominal value of receivables is adjusted to their estimated presumable value through the provision forbad debts. The balance of the transferred provision as of 01/11/2011, amounting to € 1,951,685, wasincreased by € 100,000.DescriptionAmountTransfer 01/11/2011 1,951,685Decrease during the yearIncrease during the year 100,000Balance as of 31/12/2011 2,051,685The balance of amounts due from subsidiary companies is broken down as follows:DescriptionAmountToto S.p.A. in association with Taddei S.p.A. Scarl 432,242TB Bitumi Srl in liquidation 112,341Alitec S.p.A. 965,501Bital Srl in liquidation 5,000IMC Srl 57,300Consortium companies 6,446,481Balance as of 31/12/2011 8,018,865The balance of amounts due from affiliated companies is € 24,122,818. The most significant amounts areas follows: Amounts due from San Benedetto Val di Sambro Scarl, € 12,083,715 Amounts due from Intermodale Srl, € 6,357,284Details of prepaid taxes are provided in the last section of the explanatory notes.Other debtors as of 31/12/2011 amount to € 23,980,585. Among others, this item includes amounts duefrom employees for loans, advances and payments on account totalling € 1,419,105, amounts due fordeposits totalling € 366,421 and trade receivables due from subsidiaries, which total € 14,377,645 and arebroken down as follows:DescriptionAmountStrada dei Parchi S.p.A. 12,890,948Monteboli S.p.A. 1,444,065Ingraengineering Srl 12,932Azienda Aviagricola Abruzzese Srl 9,000Parchi Global Service S.p.A. 9,600Rail One S.p.A. 5,300Air One Executive S.p.A. 5,800Balance as of 31/12/2011 14,377,645The breakdown of receivables as of 31 December 2011 by geographic area is shown in the table below.Notes to the financial statements as of 31/12/2011 Page 46