1985 - Archivio Storico Vincenzo Maranghi

ANNEX I - PRINCIPLES AND DEFINITIONS
ESERCIZIO / ACCOUNTING PERIOD. As a mie the iigures refer to twelve-month penods
ended 31st December. Periods of other than twelve months or those ended on other dates are
denoted for companies by an asterisk following the year indicated. The accounting periods
concemed are given in Allegofo III / Anoex 111.
TABELLE l e Il / TABLES I and ii - Consolidated proiit and loss accounts and balance
sheets
The pinciples adopted in compiling the figigurcs are the same as those described for Tables 111
and IV with - the ~~~ exceotion of inventones. which are shown nel of orovisions far write downs.
if any, and with the following additions:
CONTO ~ c o i r o ~ / m PRO^ AND L ~ S
ACCOUNT. Profit or IOSS attributable to minority interests
and prafit or loss attributable lo Group shareholders.
STATO prrni~o~,~~ / BAMN~ smn. Minority interests: portion of capital and reserves held
by shareholden autside Group.
Certain concems have restated their consolidated accounts for the previous twelve months
with a view to providing a more significant comparison with their figures for the year under
review. Where rcslatements have been made to reiìect alterations in Group stmcture arising
from acquisitioos or disposals, the orienal accounts for the previous year have ben relained.
However, wbere restatemenu are solely due to changes in accounting methods or in principles
of cansolidation, then they have been included in thc presentation of the consolidated figures.
TABELLA /Il / TABLE li1 - The 1.228 principal Italian companies (Proiit and Lass
Accounts)
F~rru~rro / SAL= These include sales of linished and semi-finished goods, raw materials and
services, nel of value added tax, manufacturing tax, discounts and allowances. In the case of
companies working on a contract basis (e.g., shipbuilders, construction and &il engineering
enterprises), sales also include increases in wark-in-progress.
VALOREAGCIIIN~ / VALUEADDEDT~~S has been arrived at by deducting purchases of goods and
services from sales, adding (deducting) increases (decreases) in stocks and adding any
capitalization of fmed assets and cost adjustments, such as expenses rccovered from customen
or third parties and in genera1 al1 income additional Lo that eamed io the nomal come of
business.