A

A. FIXED/NON-CURRENT ASSETS
I. INTANGIBLE ASSETS

1. Constitution expenses (ct.201-2801)

2. Development expenses (ct.203-2803-2903)

3. Concessions, patents, licenses, brands, rights and similar values and other
intangible assets (ct.2051+2052+208-2805-2808-2905-2908)

4. Goodwill (ct.2071-2807-2907-2075)

5. Advance payments and intangible assets in progress(ct.233+234+2933)

TOTAL: (rd.01 la 05)

II. TANGIBLE ASSETS

1. Land and buildings (ct.211+212-2811-2812-2911-2912)

2. Machines and technical plants (ct.213-2813-2913)

3.Other plants, equipment and furniture (ct.214-2814-2914)

4. Advance payments and tangible assets in progress(ct. 231+2322931)

10

TOTAL: (rd.07 to 10)

11

III. FINANCIAL ASSETS

1. Partnership titles held with the companies within the group (ct.261-2961)

2. Receivables from the companies within the group

12

13

(ct.2671+2672-2965)
3. Titles held as partnership interests (ct.263-2963)

14

4. Receivables from partnership interests (ct.2675+2676-2967)

15

5. Titles held as assets (ct.262+264+265-2962-2964)

16

6. Other receivables (ct.2673+2674+2678+2679-2966-2969)

17

7. Treasury stocks (ct.2677-2968)

18

TOTAL: (rd.12 la 18)

19

FIXED/NON-CURRENT ASSETS - TOTAL ( rd.06+11+19)

20

B. CURRENT ASSETS
I. INVENTORIES

1. Raw materials and consumables (ct.301+3021+3022+

21
3023+3024+3025+3026+3028+303+/-308+351+358+381+/-388-391-3921-39223951-3958-398)

2.Manufacturing in progress (ct.331+332+341+/-3481+

22

3541-393-3941-3952)

3. Finished products and goods (ct.345+346+/-3485+/3486+3545+3546+356+357+361+/-368+371+/-378-3945-3946-3953-3954-39563957-396-397-4428)

23

4. Advance payment for buying stocks (ct.4091)

24

TOTAL: (rd.21 la 24)

25

II. RECEIVABLES

1. Trade receivables (ct.4092+4111+4118+413+418-491)

26

2. Amounts to be collected from the companies within the group(ct.4511+4518-4951)

27

3. Amounts to be collected from partnership interests

28

(ct.4521+4528-4952)

4. Other receivables(ct.425+4282+431+437+4382+441+4424+
29
4428+444+445+446+447+4482+4582+461+473-496+5187)

5. Receivables from subscribed and unpaid capital(ct.456-4953)

30

TOTAL: (rd.26 to 30)

31

III. SHORT RUN FINANCIAL INVESTMENTS

1. Partnership titles held with the companies within the group(ct. 501-591)

32

2. Treasury stocks (ct.502-592)

33

3. Other short run financial investments (ct.5031+5032+

34
505+5061+5062+5081+5088-593-595-596-598+5133+5114)

TOTAL: (rd.32 to 34)

35

IV. CASH AND BANK ACCOUNTS(ct.5112+5121+5124+

36
5125+5311+5314+5321+5322+5323+5328+5411+5412+542)

CURRENT ASSETS - TOTAL (rd.25+31+35+36)

37

C. DEFERRED EXPENSES (ct.471)

38

D. CURRENT LIABILITIES

1.Loans from bonds issuing (ct.1614+1615+1617+1618+1681-169)

39

2. Liabilities owed to the credit institutions

(ct.1621+1622+1624+1625+1627+1682+5191+5192+5198)

40

3. Advance payments collected for the orders (ct.419)

41

4. Trade liabilities (ct.401+404+408)

42

5. Bills payable (ct.403+405)

43

6. Liabilities to the companies within the group (ct.1661+

44

1685+2691+4511+4518)
7. Liabilities concerning the partnership interests (ct.1662+

45

1686+2692+4521+4528)

8. Other liabilities, including fiscal and social security debts

(ct.1623+1626+167+1687+2698+421+423+424+426+427+4281+431+437+4381+44
1+4423+4428+444+446+447+4481+4551+4558+456+457+4581+462+473+509+51
86+5193+5194+5195+5196+5197)

46

TOTAL: (rd.39 to 46)

47

E. CURRENT ASSETS, NET CURRENT LIABILITIES (rd.37+38-47-62)

48

F. TOTAL ASSETS MINUS CURRENT LIABILITIES (rd.20+48)

49

G. NON-CURRENT LIABILITIES

1. Loans from bonds issuing (ct.1614+1615+1617+1618+1681-169)

50

2. Liabilities to the credit institutions (ct.1621+1622+1624+

51
1625+1627+1682+5191+5192+5198)

3. Advance payments for orders(ct.419)

52

4. Trade liabilities (ct.401+404+408)

53

5. Bills payable (ct.403+405)

54

6. Liabilities to the companies within the group (ct.1661+

55

1685+2691+4511+4518)
7. Liabilities concerning the partnership interests (ct.1662+

56

1686+2692+4521+4528)

8. Other liabilities including fiscal and social security debts

(ct.1623+1626+167+1687+2698+421+423+424+426+427+4281+431+437+4381+44
1+4423+4428+444+446+447+4481+4551+4558+456+457+4581+462+473+509+51
86+5193+5194+5195+5196+5197)

57

TOTAL: (rd.50 la 57)

58

H. PROVISIONS FOR RISKS AND EXPENSES

1. Provisions for payment of retirement benefits and other similar

59

2. Other provisions (ct.151)

60

TOTAL PROVISIONS: (rd.59+60)

61

I. DEFERRED INCOME (ct.131+472)

62

J. CAPITAL AND RESERVES

I. CAPITAL (rd.64 la 66), from which:

63

- subscribed and unpaid capital (ct.1011)

64

- subscribed and paid-up capital (ct.1012)

65

- adminsitration patrimony (ct.1015)

66

II. SHARE PREMIUM (ct.1041+1042+1043+1044)

67

III. REVALUATION RESERVES (ct.105)

Credit
balance

68

Debit
balance

69

IV. RESERVES (ct.106) (rd.71 la 74)

70

1. Legal reserves (ct.1061)

71

2. Reserves for treasury stocks (ct.1062)

72

3. Statute or contract reserves (ct.1063)

73

4. Other reserves (ct.1068+/-107)

74

Credit
balance

75

Debit
balance

76

VI. RESULT/EARNINGS OF THE YEAR

Credit
balance

77

(ct.121)

Debit
balance

78

V. RETAINED EARNINGS(ct.117)

Profit allocation (ct.129)

79

TOTAL EQUITY
80
(rd.63+67+68+69+70+75-76+77-78-79)

Public patrimony (ct.1016)

TOTAL CAPITAL (rd.80+81)

81

Item

Row

Net turnover (rd.02 la 04)

Sold production

Revenues from sale of merchandise

Revenues from operating subventions related to net turnover

Variation of stocks

Balance C

Balance D

Capitalised production

Other operating revenues

OPERATING REVENUES - TOTAL (row 01+05-06+07+08)

a) Expenses with raw materials and consumables

10

Other material expenses

11

b) Other expenses(with electricity and water)

12

c) Expenses for merchandise

13

Expenses with personnel (row 15+16), thereof to:

14

a) Salaries

15

b) Expenses with insurances and social protection

16

a) Depreciations and provisions for the depreciation of tangible

and intangible assets (row 18-19)

17

a.1) Expenses

18

a.2) Revenues

19

b) Adjustement of current asset's value (row 21-22)

20

b.1) Expenses

21

b.2) Revenues

22

Other operating expenses (row 24 to 26)

23

8.1. Third party expenses

24

8.2. Expenses with other taxes, duties and similar expenses

25

8.3. Expenses with indemnities, donations and demised assets

26

Adjustments regarding the provisions for risks and

expenses (row 28-29)

27

- Expenses

28

- Revenues

29

OPERATING EXPENSES - TOTAL (row 10 to 14+17+20+23+27)

OPERATING RESULT

30

10

11

- Profit (row 09-30)

31

- Loss (row 30-09)

32

Investment revenues

33

- thereof to, with partners

34

Revenues from other financial investments and receivables from

fixed assets

35

- thereof to, with partners

36

Interest revenues

37

- thereof to, with partners

38

Other financial revenues

39

FINANCIAL REVENUES - TOTAL (row 33+35+37+39)

12

40

Adjustment of the value of financial assets and of financial

investments owned as current assets (row 42-43)

41

- Expenses

42

13

- Revenues

43

Expenses with interests

44

- thereof to, with partners

45

Other financial expenses

46

FINANCIAL EXPENSES - TOTAL (row 41+44+46)

47

FINANCIAL RESULT

14

- Profit (row 40-47)

48

- Loss (row 47-40)

49

CURRENT RESULT:

- Profit (row 09+40-30-47)

50

- Loss (row 30+47-09-40)

51

15

Extraordinary revenues

52

16

Extraordinary expenses

53

17

EXTRAORDINARY RESULT:

- Profit (row 52-53)

54

- Loss (row 53-52)

55

TOTAL REVENUES (row 09+40+52)

56

TOTAL EXPENSES (row 30+47+53)

18

57

GROSS RESULT:
- Profit (row 56-57)

58

- Loss (row 57-56)

59

19

PROFIT TAX

60

20

INCOME TAX

61

21

NET RESULT OF THE FINANCIAL EXERCISE:

- Profit (row 58-60-61)

- Loss (row 59+60+61); (row 60+61-58)

62