GRUPPO EDITORIALE L’ESPRESSO S.p.A.

Headquarters: ROME

Share capital at 31.12.2010: € 61,463,308.20

 

STATEMENT OF FINANCIAL POSITION

(in euro)

 

ASSETS

31.12.2010

31.12.2009

Intangible assets with an indefinite useful life

220.660.859

220.660.859

Other intangible assets

1.354.831

1.760.161

Intangible assets

222.015.690

222.421.020

Tangible assets

38.052.531

50.965.058

Equity investments

408.102.945

408.443.617

Non-current receivables

456.431

425.136

Deferred tax assets

15.370.013

21.515.014

NON-CURRENT ASSETS

683.997.610

703.769.845

Inventories

13.876.665

19.226.237

Trade receivables

100.852.606

101.319.095

Securities

60.338.972

25.127.285

Tax receivables

9.518.635

14.700.529

Other receivables

9.888.814

9.775.554

Cash and cash equivalents

176.606.397

182.438.739

CURRENT ASSETS

371.082.089

352.587.439

TOTAL ASSETS

1.055.079.699

1.056.357.284

LIABILITIES AND SHAREHOLDERS' EQUITY

31.12.2010

31.12.2009

Share capital

61.463.308

61.438.738

Reserves

90.769.262

86.854.917

Retained earnings (losses)

231.704.927

201.243.666

Net income (loss) for the year

58.265.692

30.386.900

SHAREHOLDERS' EQUITY

442.203.189

379.924.221

Borrowings

288.319.312

307.331.958

Provisions for risks and losses

34.152.921

34.452.040

TFR and other personnel provisions

28.965.988

36.592.580

Deferred tax liabilities

48.766.432

45.600.769

NON-CURRENT LIABILITIES

400.204.653

423.977.347

Borrowings

72.498.918

86.139.303

Provisions for risks and losses

11.720.967

25.993.927

Trade payables

78.842.926

91.486.396

Tax payables

10.714.367

7.317.326

Other payables

38.894.679

41.518.764

CURRENT LIABILITIES

212.671.857

252.455.716

TOTAL LIABILITIES

612.876.510

676.433.063

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

1.055.079.699

1.056.357.284

 


GRUPPO EDITORIALE L’ESPRESSO S.p.A.

Headquarters: ROME

Share capital at 31.12.2010: € 61,463,308.20

 

INCOME STATEMENT

(in euro)

 

 

2010

2009

Revenues

462.711.477

494.150.812

Change in product inventory

(1.352.074)

(651.934)

Other operating income

5.441.362

9.952.982

Costs for purchases

(60.330.420)

(79.772.239)

Costs for services

(213.429.134)

(248.335.709)

Other operating costs

(12.127.468)

(9.248.086)

Personnel costs

(120.244.253)

(129.927.169)

Amortization, depreciation & writedowns

(12.356.933)

(14.027.059)

Operating result

48.312.557

22.141.598

Net financial income/(expense)

(2.517.075)

(12.772.311)

Dividends

31.513.962

41.982.641

Result before taxes

77.309.444

51.351.928

Taxes

(19.043.752)

(20.965.028)

NET RESULT

58.265.692

30.386.900