Financial statements

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ASSETS NOTES 31/12/2019 31/12/2018
A) NON-CURRENT ASSETS 203.888.988 222.757.059
I - Intangible assets (Note 5) 7.821.550 10.156.774
4 - Other intangible assets 7.821.550 10.156.774
II - Property, plant and equipation (Note 6) 120.130.938 132.093.701
1 - Land and buildings 45.501.100 46.127.111
2 - Plant and equipment and other items 73.745.870 83.896.394
3 - PP&E under construction and advances 883.968 2.070.197
IV - Investments (Note 7) 75.936.499 80.506.584
IVa - Subsidiaries and associates 19.382.049 20.393.079
1 - Equity instruments 30.000 16.518.373
2- Loans and receivables 19.352.049 3.874.706
IVb - Other companies 56.554.451 60.113.504
1 - Equity instruments 45.916.887 42.475.611
3 - Non -current financial Investments 1.500.000 0
2 - Others (Note 15) 37.564 37.245
B) CURRENT ASSETS 199.493.280 171.854.298
II - Inventories (Note 8) 2.116.524 2.835.283
1 - Raw materials and consumables 2.060.041 2.580.144
3 - Finished goods and merchandise 54.458 52.621
4 - Advances to suppliers 2.025 202.518
III - Current loans and receivables (Note 9) 35.282.149 41.393.061
1 - Trade receivables for sales and services 33.837.645 39.389.719
2 - Loans and receivables in subsidiaries and associates 177.522 763.488
3 - Other loans and receivables 1.266.982 1.239.854
IV - Current financial investments (Note 10) 160.173.460 120.314.721
1 - Subsidiaries and associates 24.551.459 43.129.902
2 - Other financial assets 135.622.001 77.184.818
V - Cash and cash equivalents (Note 11) 1.200.881 6.689.335
VI - Prepayments and accrued income 720.266 441.898
TOTAL ASSETS 403.382.268 394.611.357

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LIABILITIES AND EQUITY NOTES 31/12/2019 31/12/2018
A) EQUITY (Note 12) 358.522.711 352.231.871
I - Capital 50.000.000 50.000.000
I - Capital 50.000.000 50.000.000
III - Reserves 275.231.870 283.753.676
1 - Legal reserve 10.000.000 10.000.000
5 - Other reserves 265.231.870 273.753.676
VI - Profit/(loss) for the year 33.290.841 18.478.194
B) NON-CURRENT LIABILITIES 7.347.569 3.879.370
I - Non-current provisions (Note 13) 7.347.569 3.879.370
C) CURRENT LIABILITIES 37.512.088 38.500.116
III - Current payables (Note 14) 8.157.539 2.511.276
4 - Others 8.157.539 2.511.276
V - Trade and other payables (Note 14) 29.354.549 35.988.839
1 - Trade payables 27.134.169 33.791.225
2 - Subsidiaries and associates 67.483 58.273
3 - Sundry payables 112.117 119.013
4 - Customer advances 119.236 143.698
5 - Others 1.921.544 1.876.630
TOTAL EQUITY AND LIABILITIES 403.382.268 394.611.357