Management Reports • Dec 29, 2015
Management Reports
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| Informazione Regolamentata n. 0260-87-2015 |
Data/Ora Ricezione 29 Dicembre 2015 17:56:14 |
MTA | |
|---|---|---|---|
| Societa' | : | TISCALI | |
| Identificativo Informazione Regolamentata |
: | 67506 | |
| Nome utilizzatore | : | TISCALIN01 - Nonnis | |
| Tipologia | : | IRAG 05 | |
| Data/Ora Ricezione | : | 29 Dicembre 2015 17:56:14 | |
| Data/Ora Inizio Diffusione presunta |
: | 29 Dicembre 2015 18:11:15 | |
| Oggetto | : | 114, paragraph 5 of Law Decree 58/98 | Information for the market pursuant to Art. |
| Testo del comunicato |
Information for the market pursuant to Art. 114, paragraph 5 of Law Decree 58/98
In compliance with Consob's request sent to the Company on 14th July 2009, pursuant to Article 114, comma 5, of Law Decree N. 58/98 the Company provides to the market the following information on the Tiscali Group, referred to 30th November 2015.
| EUR (000) | Note | Tiscali Group 30 November 2015 |
of which: Tiscali S.p.A. 30 November 2015 |
|---|---|---|---|
| A. Cash | 4.402 | 24 | |
| B. Other cash equivalents | - | - | |
| C. Securities held for trading | - | - | |
| D. Cash and cash equivalents (A) + (B) + (C) | 4.402 | 24 | |
| E. Current financial receivables | 6.139 | - | |
| (1) | |||
| F. Non-current financial receivables | - | ||
| G. Current bank payables | (2) | 15.549 | - |
| H. Current portion of non-current debt | (3) | 54.050 | - |
| I. Other current financial payables | (4) | 9.583 | - |
| J. Current financial debt (G) + (H) + (I) | 79.182 | - | |
| K. Net current financial debt (J) - (E) - (D) - (F) | 68641 | (24) | |
| L. Non-current bank payables | (5) | 72.472 | - |
| M. Bonds issued | - | - | |
| N. Other non-current payables | (6) | 50.901 | - |
| O. Non-current financial debt (N) + (L) + (M) | 123.372 | - | |
| P. Net financial debt (K) + (O) | 192.013 | (24) |
Investor Relations Gianluca Nonnis Ph. +39 070 4601207 - [email protected]
Press Office Image Building Simona Vecchies Ph: +39 02 89 01 13 00 – [email protected] Tiscali S.p.A. Sa Illetta 09122 Cagliari Italy
www.tiscali.it
Notes:
On 30th November 2015, overdue trade payables, net of payment plans negotiated with suppliers, amounted to EUR 28 million. There were also overdue tax debts for approximately EUR 15 million. There were no overdue debts towards the employees.
As of 30th November 2015, there were solicitations for payment only within the ordinary course of business. On that date the injunctions for payment received by the Company and not paid off because still in negotiation or opposition, amounted to a total of EUR 1.5 million, while the total orders received amounted to EUR 1.6 million.
There have been no suspensions of supply relationships which affected the course of business.
The Tiscali Group holds relationships with related parties on terms deemed customary in the respective reference markets, taking into account the characteristics of goods and services provided.
In the table below are summarised the economic and asset values for the Group Tiscali as of 30th November 2015 arising from transactions with related parties.
Investor Relations Gianluca Nonnis Ph. +39 070 4601207 - [email protected]
Press Office Image Building Simona Vecchies Ph: +39 02 89 01 13 00 – [email protected] Tiscali S.p.A. Sa Illetta 09122 Cagliari Italy
www.tiscali.it
| INCOME STATEMENT VALUES EUR (000) |
Note | Tiscali Group 30 November 2015 |
Of which: Tiscali S.p.A. 30 November 2015 |
|---|---|---|---|
| Studio Racugno | 1 | (66.0) | - |
| Monteverdi s.r.l. | 2 | (33.0) | - |
| TOTAL | (99.0) | - | |
| BALANCE SHEET VALUES EUR (000) |
Note | Tiscali Group 30 November 2015 |
Of which: Tiscali S.p.A. 30 November 2015 |
| Studio Racugno. | 1 | (53.4) | - |
| Monteverdi s.r.l. | 2 | (3.7) | - |
(1) Racugno Law Firm: the director Gabriele Racugno, member of the Board of Directors of Tiscali S.p.A since December 21st 2009, offers to Tiscali Italia S.p.A legal assistance, judicial and extrajudicial;
(2) Monteverdi s.r.l. company owned by the majority shareholder Renato Soru. The report in question refers to a lease of space used for the storage of business documentation.
I, the undersigned Pasquale Lionetti, executive in charge of drawing up the Company's accounting documents for Tiscali S.p.A., certify that pursuant to art. 154-bis, subsection 2, of the Legislative Decree 58/98, as subsequently modified, that the accounting information contained in this press release corresponds to the documental results, the books and the accounting entries.
Pasquale Lionetti
_______________________
Executive in charge of drawing up the Company's accounting documents
Tiscali S.p.A. (Borsa Italiana. Milan: TIS) is one of the leading alternative telecommunications companies in Italy. Tiscali provides its private and business customers with a vast range of services: internet access through dial-up, ADSL and Fiber Optic technology, as well as voice, VoIP, media, and added-value services and other technologically advanced products. As at 30 June 2015 Tiscali reported around 574.8 active customers, of which 457.2 thousand were ADSL customers and over 107 thousand are mobile customers. The Tiscali website may be accessed at www.tiscali.it
Investor Relations Gianluca Nonnis Ph. +39 070 4601207 - [email protected]
Press Office Image Building Simona Vecchies Ph: +39 02 89 01 13 00 – [email protected] Tiscali S.p.A. Sa Illetta 09122 Cagliari Italy
www.tiscali.it
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