14MB - Pirelli

EXTRAORDINARY SESSION CONSOLIDATED FINANCIAL STATEMENT SUSTAINABILITY REPORT DIRECTORS' REPORT PRELIMINARY INFORMATION
Segment assets, liabilities and capital expenditures at December 31, 2007 were as follows:
(in thousands of euros)
346 PIRELLI & C. S.p.A. MILAN
Tyre Real Estate Broadband
Access
Other Businesses
Other
Total
12/31/2007
Segment assets 3,256,011 905,832 55,803 43,520 107,839 4,369,005
Investments in associates and
joint ventures 718 480,341 - 2,410 50,725 534,194
Total allocated assets 3,256,729 1,386,173 55,803 45,930 158,564 4,903,199
Unallocated assets 4,050,041
Total assets 8,953,240
Segment liabilities 1,564,238 518,999 61,686 24,152 213,613 2,382,688
Unallocated liabilities 2,766,481
Total liabilities 5,149,169
Capital expenditures - property,
plant and equipment 262,378 6,469 4,093 9,709 4,060 286,709
Capital expenditures - intangible
assets 7,089 168,093 308 980 1,966 178,436
Segment assets mainly consist of property, plant and equipment, intangible assets, assets under
finance leases, inventories, trade receivables and other receivables. They exclude financial receivables,
cash and cash equivalents, other financial assets, securities held for trading and current
and deferred tax assets.
Segment liabilities mainly include trade payables and other payables, advances from customers,
provisions for other liabilities and charges and employee benefit obligations. They exclude financial
payables and current and deferred tax liabilities.
Capital expenditures mainly refer to the purchase of plant and machinery.
SECONDARY REPORTING FORMAT – GEOGRAPHICAL SEGMENT
Sales by geographical area, allocated on the basis of the country in which the customer resides,
are as follows:
(in millions of Euro)
2008 2007 (*)
Europe:
- Italy 810.4 17.39% 829.4 13.65%
- Other European countries (*) 1,586.1 34.03% 3,077.9 50.66%
North America 287.5 6.17% 329.5 5.42%
Central and South America 1,323.8 28.41% 1,187.7 19.55%
Oceania, Africa and Asia 652.4 14.00% 651.1 10.72%
4,660.2 100.00% 6,075.6 100.00%
* In 2007, this line included the effect of the deconsolidation of DGAG activities for an amount of Euros 1,295.6 million.