309 348
309
Net financial position
The Company's net financial position is reconciled below to
the amount that must be reported under Consob Communi-
cation DEM/6064293 issued on 28 July 2006 in compliance
with the CESR recommendation dated 10 February 2005
"Recommendations for the consistent implementation of the
European Commission's Regulation on Prospectuses":
Note 31 December 2014
of which 31 December 2013
of which
related parties
related parties
Long-term financial payables
Term loan facilities
400,000
400,000
Bank fees
(1,661)
(3,024)
Credit Agreements
10
398,339
396,976
EIB Loan
10
91,546
-
Non-convertible bond
10
-
398,576
Convertible bond
10
271,536
263,401
Finance leases
10
10,677
11,098
Total long-term financial payables
772,098
1,070,051
Short-term financial payables
Credit Agreements
10
418
88,388
Bank fees
10
-
(570)
EIB Loan
10
8,854
-
Non-convertible bond
10
414,997
15,305
Convertible bond
10
1,187
1,187
Finance leases
10
467
537
Revolving Credit Facility 2014
10
30,232
-
Other financial payables
10
65
223
Total short-term financial payables
456,220
105,070
Total financial liabilities
1,228,318
1,175,121
Long-term financial receivables
6
22
26
Long-term bank fees
6
5,219
-
Short-term financial receivables
6
3,306
55
Short-term financial receivables from Group companies 6
489,552
489,552
553,744
553,744
Short-term bank fees
6
1,525
4,029
Cash and cash equivalents
8
2,314
4,600
Net financial position
726,381
612,667
(in thousands of Euro)