STATEMENT OF FINANCIAL POSITION

(in thousands of euro)

ASSETS

Notes

 

31.12.2010

 

31.12.2009

NON-CURRENT ASSETS

4.791.833

4.287.814

INTANGIBLE ASSETS

(7.a)

1.391.359

1.316.903

TANGIBLE ASSETS

(7.b)

2.553.835

2.187.369

INVESTMENT PROPERTY

(7.c)

23.890

18.115

INVESTMENTS IN COMPANIES CONSOLIDATED

AT EQUITY

(7.d)

319.469

275.899

OTHER EQUITY INVESTMENTS

(7.e)

5.041

9.629

OTHER RECEIVABLES

(7.f)

179.082

207.899

   of which with related parties (*)

(7.f)

277

4.480

SECURITIES

(7.g)

100.772

83.051

DEFERRED TAXES

(7.h)

218.385

188.949

CURRENT ASSETS

2.829.753

2.362.336

INVENTORIES

(8.a)

151.283

156.150

CONTRACTED WORK IN PROGRESS

10.421

3.464

TRADE RECEIVABLES

(8.b)

1.137.448

1.042.030

   of which with related parties (*)

(8.b)

7.992

18.032

OTHER RECEIVABLES

(8.c)

177.660

200.627

   of which with related parties (*)

1.374

1.727

FINANCIAL RECEIVABLES

(8.d)

399.064

27.229

SECURITIES

(8.e)

216.552

278.548

AVAILABLE-FOR-SALE FINANCIAL ASSETS

(8.f)

144.244

104.967

CASH AND CASH EQUIVALENTS

(8.g)

593.081

549.321

ASSETS HELD FOR DISPOSAL

(8.h)

 

722

 

700

TOTAL ASSETS

 

 

7.622.308

 

6.650.850

LIABILITIES AND SHAREHOLDERS' EQUITY

 

 

31.12.2010

 

31.12.2009

SHAREHOLDERS' EQUITY

2.522.940

2.332.335

ISSUED CAPITAL

396.059

396.059

less OWN SHARES

(21.537)

(21.537)

SHARE CAPITAL

(9.a)

374.522

374.522

RESERVES

(9.b)

321.923

295.983

RETAINED EARNINGS (LOSSES)

(9.c)

733.733

582.818

NET INCOME FOR THE YEAR

56.850

143.432

EQUITY OF THE GROUP

1.487.028

1.396.755

MINORITY SHAREHOLDERS' EQUITY

1.035.912

935.580

NON-CURRENT LIABILITIES

3.118.360

2.958.552

BONDS AND NOTES

(10.a)

547.455

718.262

OTHER BORROWINGS

(10.b)

2.171.116

1.843.359

OTHER PAYABLES

2.021

1.177

   of which to related parties (*)

--

69

DEFERRED TAXES

(7.h)

193.228

181.489

PERSONNEL PROVISIONS

(10.c)

124.343

137.346

PROVISIONS FOR RISKS AND LOSSES

(10.d)

80.197

76.919

CURRENT LIABILITIES

1.981.008

1.359.963

BANK OVERDRAFTS

173.671

66.290

BONDS AND NOTES

(11.a)

157.978

731

OTHER BORROWINGS

(11.b)

469.494

132.499

  of which from related parties (*)

(11.b)

2

2

TRADE PAYABLES

(11.c)

863.344

836.587

   of which to related parties (*)

(11.c)

35.496

28.649

OTHER PAYABLES

(11.d)

234.170

228.178

   of which to related parties (*)

(11.d)

4.561

..

PROVISIONS FOR RISKS AND LOSSES

(11.e)

 

82.351

 

95.678

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

 

 

7.622.308

 

6.650.850

(*) As per Consob Resolution no. 6064293 of July 28 2006