Consolidated Financial Statements and Management Report - page 5

INDEX 5
10. INVESTMENTS VALUED USING THE EQUITY METHOD 81
11. NON-CURRENT FINANCIAL INVESTMENTS 82
11.1. Loans and Accounts Receivable Not Available for Trading 82
11.2. Other Non-Current Financial Investments 83
12. INVENTORY 83
13. TRADE RECEIVABLES 84
14. CASH AND CASH EQUIVALENTS 84
15. EQUITY 85
15.1. Subscribed Share Capital 85
15.2. Parent Company Reserves 86
15.3. Treasury Shares 86
15.4. Non-Controlling Interests 86
16. DEBT IN RESPECT OF BOND ISSUES AND BANK BORROWINGS 86
17. OTHER NON-CURRENT LIABILITIES 90
18. SHARE-BASED REMUNERATION SCHEMES 91
19. PROVISIONS FOR RISKS AND CHARGES 92
20. TAX NOTE 93
21. TRADE PAYABLES 98
22. INFORMATION ON DEFERRED PAYMENTS TO SUPPLIERS. THIRD ADDITIONAL PROVISION.
“DUTY TO REPORT” OF ACT 11/2013 OF 26 JULY 98
23. OTHER CURRENT LIABILITIES 98
24. THIRD-PARTY GUARANTEES AND CONTINGENT ASSETS AND LIABILITIES 99
25. INCOME AND EXPENSES 100
25.1. Income 100
25.2. Financial Income and Changes in the Fair Value of Financial Instruments 100
25.3. Personnel Expenses 101
25.4. Other Operating Expenses 102
25.5. Operating Leases 102
25.6. Financial Expenses and Changes in Fair Value of Financial Instruments 103
26. RELATED-PARTY TRANSACTIONS 103
27. INFORMATION BY SEGMENTS 106
27.1. Information on Main Segments 106
27.2. Information on Secondary Segments 107
28. REMUNERATION AND OTHER STATEMENTS MADE BY THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT 107
28.1. Remuneration of the Board of Directors 107
28.2. Remuneration of Senior Management 107
28.3. Information on Conflicts of Interest on the Part of Directors 108
29. EVENTS AFTER THE REPORTING PERIOD 110
30. INFORMATION ON ENVIRONMENTAL POLICY 110
31. EXPOSURE TO RISK 110
APPENDIX I: SUBSIDIARIES 112
APPENDIX II: ASSOCIATED COMPANIES 115
ANNUAL REPORT OF THE AUDIT COMMITTE 116