Toto S.p.A. Costruzioni Generali

TOTO SPA COSTRUZIONI GENERALIThis item reflects income and expenses pertaining to previous or future years with respect to the relatedpayment or collection. These are recorded regardless of the date of payment of the respective income andexpenses, which relate to two or more years and can be spread out over time.As of 31/12/2011 there are no prepayments and accrued income with a duration of more than five years.The breakdown of this item is as follows:DescriptionAmountInsurance premiums 5,306,952Rent and leases 129,391Prepaid lease instalments 1,331,585Other 1,899,0358,666,963LiabilitiesA) Shareholders' equityBalance as ofBalance as ofChange31/12/201131/12/201071,240,722 104,636 71,136,086Description 31/12/2010 Increases Decrease 31/12/2011Capital 120,000 49,880,000 50,000,000Share premium reserve 20,699,616 20,699,616Euro rounding difference 2 2Net profit (loss) brought forward (4,594) (10,770) (15,364)Net profit (loss) for the year (10,770) 556,468 (10,770) 556,468104,636 71,125,316 (10,770) 71,240,722The table below provides details on the changes in shareholders’ equitySharecapitalSharepremiumreserveRoundingNet profit(loss)broughtforwardResult forthe yearPrior year opening balance 120,000 (2,287) (2,307) 115,406Allocation of profit for the year- carried forward (2,307) 2,307Net profit (loss) for the previous year (10,770) (10,770)Prior year closing balance120,000 (4,594) (10,770) 104,636Allocation of profit for the year- carried forward (10,770) 10,770Transfer of construction part- share capital 49,880,000 49,880,000- share premium reserve 20,699,616 2 20,699,618Euro rounding differenceNet profit (loss) for the current year 556,468 556,468Closing balance of the year 50,000,000 20,699,616 2 (15,364) 556,468 71,240,722TotalThe share capital is broken down as follows.Notes to the financial statements as of 31/12/2011 Page 48