The Benetton Group Annual Report 1996

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Consolidated financial statements as of December 31, 1995 and <strong>1996</strong>
Page 1: The Benetton Group Annual Report 19
Page 5: Dear Shareholders, in 1996 the Bene
Page 8 and 9: Manufacturing companies invested su
Page 11: Signori Azionisti, nell’esercizio
Page 14 and 15: Gli investimenti I programmi di inn
Page 17 and 18: Consolidated financial statements a
Page 19: The Benetton Group The Benetton Gro
Page 23 and 24: Management’s discussion and analy
Page 25: Net capital employed Net working ca
Page 29 and 30: C CURRENT ASSETS I Inventories (in
Page 31 and 32: E ACCRUED EXPENSES AND DEFERRED INC
Page 33 and 34: D ADJUSTMENTS TO FINANCIAL ASSETS (
Page 35 and 36: Statement of changes in minority in
Page 37 and 38: Cash flows from financing activitie
Page 39 and 40: The significant differences between
Page 41 and 42: Financial fixed assets Investments
Page 43 and 44: Income taxes Current income taxes a
Page 45 and 46: Benetton International N.V. has sol
Page 47 and 48: 7. Tangible fixed assets Tangible f
Page 49 and 50: Assets leased to third parties This
Page 51 and 52: 11. Financial assets not held as fi
Page 53 and 54: COMMENTS ON THE PRINCIPAL LIABILITY
Page 55 and 56: Minority interests As of December 3
Page 57 and 58: With regard to the dispute with Eco
Page 59 and 60: Long-term loans from banks outstand
Page 61 and 62: Notes payable These amount to Lire
Page 63 and 64: COMMENTS ON THE PRINCIPAL STATEMENT
Page 65 and 66: Payroll and related costs The decre
Page 67 and 68: As discussed in note 3, other finan
Page 69 and 70: 29. TRANSACTIONS WITH RELATED PARTI
Page 71 and 72: 32. RECONCILIATION TO GENERALLY ACC
Page 73 and 74: (f) Accounting for Deferred Income
Page 75 and 76: Stockholders' equity: Balance as re
Page 77 and 78:
Appendix 1
Page 79 and 80:
Name of the company Location Curren
Page 81 and 82:
(in millions of Lire) (Thousands of
Page 83 and 84:
Valuation and qualifying accounts A
Page 85:
REPORT OF INDEPENDENT PUBLIC ACCOUN
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The Benetton Group Annual Report 1996

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