Headquarters: MILAN
Share capital at 31.12.2010: € 50,000.00
STATEMENT OF FINANCIAL POSITION
(in euro)
|
ASSETS |
|
|
|
|
|
31.12.2010 |
31.12.2009 |
|||
|
A - |
RECEIVABLES FROM SHAREHOLDERS FOR PAYMENTS STILL DUE |
-- |
-- |
|||||||
|
B - |
FIXED ASSETS |
|||||||||
|
I |
Intangible assets |
4.329 |
-- |
|||||||
|
II |
Tangible assets |
-- |
-- |
|||||||
|
|
III |
Financial assets |
|
|
|
1.945.243 |
-- |
|||
|
TOTAL FIXED ASSETS |
|
|
|
1.949.572 |
-- |
|||||
|
C - |
CURRENT ASSETS |
|||||||||
|
I |
Inventories |
-- |
-- |
|||||||
|
II |
Receivables |
|||||||||
|
of which in up to one year |
8.879.448 |
-- |
||||||||
|
|
|
|
of which over one year |
|
|
1.732.438 |
218 |
|||
|
Total receivables |
10.611.886 |
218 |
||||||||
|
III |
Financial assets not classified as fixed assets |
-- |
-- |
|||||||
|
IV |
Cash and cash equivalents |
41.592 |
62.823 |
|||||||
|
TOTAL CURRENT ASSETS |
|
|
10.653.478 |
63.041 |
||||||
|
D - |
ACCRUED INCOME AND PREPAID EXPENSE |
-- |
-- |
|||||||
|
TOTAL ASSETS |
|
|
|
12.603.050 |
63.041 |
|||||
|
LIABILITIES AND SHAREHOLDERS' EQUITY |
31.12.2010 |
31.12.2009 |
||||||||
|
A - |
SHAREHOLDERS' EQUITY |
|||||||||
|
I |
Capital |
50.000 |
50.000 |
|||||||
|
II |
Share premium reserve |
-- |
-- |
|||||||
|
III |
Revaluation reserves |
-- |
-- |
|||||||
|
IV |
Legal reserve |
541 |
-- |
|||||||
|
V |
Statutory reserves |
-- |
-- |
|||||||
|
VI |
Reserve for own shares held |
-- |
-- |
|||||||
|
VII |
Other reserves |
1.782.629 |
-- |
|||||||
|
VIII |
Retained earnings (losses) |
7.023 |
(3.260) |
|||||||
|
IX |
Net income (loss) for the year |
(52.487) |
10.824 |
|||||||
|
TOTAL EQUITY |
|
|
|
1.787.706 |
57.564 |
|||||
|
B - |
PROVISIONS FOR RISKS AND LOSSES |
-- |
-- |
|||||||
|
C - |
EMPLOYEE LEAVING INDEMNITY |
|
|
50.746 |
-- |
|||||
|
D - |
ACCOUNTS PAYABLE |
|||||||||
|
up to one year |
10.742.487 |
-- |
||||||||
|
over one year |
-- |
5.477 |
||||||||
|
TOTAL PAYABLES |
|
|
|
10.742.487 |
5.477 |
|||||
|
E - |
ACCRUED EXPENSE AND DEFERRED INCOME |
22.111 |
-- |
|||||||
|
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
12.603.050 |
63.041 |
||||||||
NEXENTI S.r.l.
Headquarters: MILAN
Share capital at 31.12.2010: € 50,000.00
INCOME STATEMENT
(in euro)
|
|
|
|
|
|
|
|
|
2010 |
2009 |
|
|
A - |
VALUE OF PRODUCTION |
|
|
|
|
|||||
|
Revenues from sales and services |
21.436 |
-- |
||||||||
|
|
Other revenues and income |
|
|
-- |
18.671 |
|||||
|
TOTAL VALUE OF PRODUCTION |
21.436 |
18.671 |
||||||||
|
B - |
COSTS OF PRODUCTION |
|||||||||
|
Costs for services |
(58.014) |
(6.660) |
||||||||
|
Lease and rental costs |
(1.460) |
-- |
||||||||
|
Personnel costs |
(25.066) |
-- |
||||||||
|
salaries and wages |
(24.647) |
-- |
||||||||
|
social contributions |
(433) |
-- |
||||||||
|
employee leaving indemnity |
14 |
-- |
||||||||
|
Ammort. deprec. & writedowns |
(12) |
-- |
||||||||
|
Amortization of intangible assets |
(12) |
-- |
||||||||
|
Miscellaneous operating costs |
(5.339) |
(1.583) |
||||||||
|
TOTAL COSTS OF PRODUCTION |
|
|
(89.891) |
(8.243) |
||||||
|
OPERATING INCOME (LOSS) |
|
|
(68.455) |
10.428 |
||||||
|
C - |
FINANCIAL INCOME AND EXPENSE |
|||||||||
|
Other financial income |
304 |
807 |
||||||||
|
Interest and other financial expense |
(4.185) |
(294) |
||||||||
|
TOTAL FINANCIAL INCOME AND EXPENSE |
|
(3.881) |
513 |
|||||||
|
D - |
ADJUSTMENTS TO THE VALUE OF FINANCIAL ASSETS |
-- |
-- |
|||||||
|
E - |
EXTRAORDINARY INCOME AND EXPENSE |
|
(3) |
-- |
||||||
|
RESULT BEFORE TAXES |
|
|
|
(72.339) |
10.941 |
|||||
|
|
Income taxes for the year |
|
|
19.852 |
(117) |
|||||
|
NET INCOME (LOSS) FOR THE YEAR |
|
|
(52.487) |
10.824 |
||||||