 |
|
|
ASSETS
|
|
Notes |
31 Dec. 2004
(€ thousand) |
|
31 Dec. 2003
(€ thousand) |
| |
|
|
|
|
|
| ASSETS |
|
|
|
|
|
Non-current assets
|
|
|
|
|
Intangible assets
|
1. |
12 |
|
5 |
Property, plant and equipment
|
2. |
183,100 |
|
64,644 |
Investment property
|
3. |
918,470 |
|
930,475 |
| Non-current financial assets |
|
4. |
101,669 |
|
100,320 |
| Non-current assets |
|
|
1,203,251 |
|
1,095,444 |
|
|
|
|
|
|
| Current assets |
|
|
|
|
|
Trade receivables
|
5. |
1,985 |
|
2,066 |
Receivables from affiliated companies
|
6. |
0 |
|
20,712 |
Other current assets
|
7. |
14,697 |
|
20,246 |
| Current financial assets |
|
8. |
63,945 |
|
21,990 |
| Cash |
|
9. |
86,330 |
|
79,998 |
| Current assets |
|
|
166,957 |
|
145,012 |
|
|
|
|
|
|
| Total assets |
|
|
1,370,208 |
|
1,240,456 |
| |
|
|
|
|
|
|
|
|
|
|
|
EQUITY AND LIABILITIES
|
Notes |
31 Dec. 2004
(€ thousand) |
|
31 Dec. 2003
(€ thousand) |
|
|
|
|
|
|
| EQUITY AND LIABILITIES |
|
|
|
|
Equity and reserves
|
|
|
|
|
| Share capital |
|
|
20,000 |
|
20,000 |
| Capital reserves |
|
|
496,363 |
|
507,365 |
| Retained earnings |
|
|
91,042 |
|
92,569 |
Consolidated net profit for the period
|
|
27,736 |
|
19,019 |
| Subtotal |
|
|
635,141 |
|
638,953 |
| Minority interest |
|
|
49,271 |
|
56,348 |
| Total equity |
|
10. |
684,412 |
|
695,301 |
|
|
|
|
|
|
|
|
|
|
|
|
Non-current liabilities
|
|
|
|
|
Bank loans and overdrafts
|
11. |
597,576 |
|
476,400 |
Other non-current liabilities
|
|
86 |
|
246 |
Non-current liabilities
|
|
597,662 |
|
476,646 |
|
|
|
|
|
|
| Deferred tax liabilities |
12. |
51,676 |
|
43,586 |
|
|
|
|
|
|
| Current liabilities |
|
|
|
|
Bank loans and overdrafts
|
11. |
6,675 |
|
5,012 |
Trade payables
|
13. |
3,742 |
|
3,872 |
| Tax provisions |
|
14. |
3,329 |
|
1,050 |
| Other provisions |
|
15. |
18,158 |
|
6,962 |
| Other liabilities |
|
16. |
4,554 |
|
8,027 |
Current liabilities
|
|
36,458 |
|
24,923 |
|
|
|
|
|
|
| Total equity and liabilities |
|
1,370,208 |
|
1,240,456 |
|
|
|
