5.a.        SUNDRY RECEIVABLES

 

(in thousands of euro)

31.12.2010

31.12.2009

Tax receivables

5,889

27,159

Other receivables with related parties

10,076

1,156

Receivables with others

2,285

3,272

Total

18,250

31,587

 

The item “Tax receivables” declined from € 27,159 thousand at December 31 2009 to € 5,889 thousand mainly as a result of the sale, for an amount of € 13,276 thousand, of tax credits from the tax consolidation for the year 2009 to companies of the Sorgenia group, which at the end of the three-year maturity did not then renew the option to take part in the tax consolidation of the Group.

 

The item “Other receivables with related parties” refers for € 10,065 thousand to the receivables with companies that took part in the tax consolidation (€ 7,173 thousand to companies of the Espresso group, € 2,606 thousand to companies of the KOS group, € 263 thousand to companies of the Sogefi group and € 23 thousand to companies of the Sorgenia group) and for € 11 thousand to the receivable with Jupiter Finance for rented premises.

IFRS7 – Additional disclosures: it should be noted that the information required does not include the item “Tax receivables”.