STATEMENT OF FINANCIAL POSITION

STATEMENT OF FINANCIAL POSITION (in euro)

  2014 2013 
   of which related partiesof which related parties
7 Property plant and equipment 98,475,019   102,631,700  
8 Intangible assets 6,004,723   4,126,856  
9 Investments in subsidiaries 1,141,058,670   1,162,188,115  
10 Investments in associates 125,099,440   93,062,007  
11 Other financial assets 173,459,081   280,850,569 104,086,795
12 Deferred tax assets 119,085,130   101,312,131  
13 Other receivables 509,063,077 500,000,000 15,402,098  
Non-current assets 2,172,245,140   1,759,573,476  
14 Trade receivables 32,745,336 30.389.437  33,696,449 29,884,534
13 Other receivables 422,632,944 408,443,595
770,358,601 741,069,571
15 Cash and cash equivalents 7,883 14,843  
16 Tax receivables 91,003,635 39,111,994 43,213,125 18,719,195
17 Derivative financial instruments 208,573   1,654,650  
  Current assets 546,598,371 848,937,668  
  Total assets 2,718,843,511   2,608,511,144  
  Equity:        
  Share capital 1,343,285,421   1,343,285,421  
  Other reserves 209,191,418   184,663,134  
  Retained earnings reserve 245,738,903   220,185,053  
  Net income (loss) 257,963,959   191,891,145  
18 Equity 2,056,179,701   1,940,024,753  
19 Borrowings from banks and other financial institutions 500,590,378 1,650,000 500,866,521 1,650,000
23 Other payables -   8,809  
20 Provisions for liabilities and charges 17,055,654   37,166,924  
21 Employee benefit obligations 4,194,187   1,622,888  
  Non-current liabilities 521,840,219   539,665,142  
19 Borrowings from banks and other financial institutions 21,997,360   23,200,347  
22 Trade payables 27,302,326 1,204,719 27,775,728 3,758,562
23 Other payables 24,571,419 8,350,139 39,228,696 18,300,143
20 Provisions for liabilities and charges 2,656,657   -  
24 Tax payables 64,295,829 18,612,759 38,616,478 22,523,677
  Current liabilities 140,823,591   128,821,249  
  Total Liabilities and Equity 2,718,843,511   2,608,511,144  

For a description of the items reflecting related party transactions, please refer to note 35 of the Explanatory Notes.