Financial statements

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ASSETS NOTES 31/12/2018 31/12/2017
A) NON-CURRENT ASSETS 222.757.059 253.645.857
I - Intangible assets (Note 5) 10.156.774 11.839.676
4 - Other intangible assets 10.156.774 11.839.676
II - Property, plant and equipation (Note 6) 132.093.701 140.897.930
1 - Land and buildings 46.170.052 46.236.681
2 - Plant and equipment and other items 83.853.453 91.314.074
3 - PP&E under construction and advances 2.070.197 3.347.175
IV - Investments (Note 7) 80.506.584 100.908.251
IVa - Subsidiaries and associates 20.393.079 55.689.322
1 - Equity instruments 16.518.373 16.518.373
2- Loans and receivables 3.874.706 39.170.949
IVb - Other companies 60.113.504 45.218.929
1 - Equity instruments 42.475.611 45.181.800
3 - Non -current financial Investments 17.600.648 0
2 - Others (Note 15) 37.245 37.129
B) CURRENT ASSETS 171.854.298 168.379.739
II - Inventories (Note 8) 2.835.283 2.834.369
1 - Raw materials and consumables 2.580.144 2.766.692
3 - Finished goods and merchandise 52.621 64.420
4 - Advances to suppliers 202.518 3.256
III - Current loans and receivables (Note 9) 41.393.061 48.640.843
1 - Trade receivables for sales and services 39.389.719 46.248.535
2 - Loans and receivables in subsidiaries and associates 763.488 229.158
3 - Other loans and receivables 1.239.854 2.163.151
IV - Current financial investments (Note 10) 120.314.721 100.916.096
1 - Subsidiaries and associates 43.129.902 7.754.142
2 - Other financial assets 77.184.818 93.161.956
V - Cash and cash equivalents (Note 11) 6.689.335 15.747.755
VI - Prepayments and accrued income 441.898 240.674
TOTAL ASSETS 394.611.357 422.025.596

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LIABILITIES AND EQUITY NOTES 31/12/2018 31/12/2017
A) EQUITY (Note 12) 352.231.871 360.909.685
I - Capital 50.000.000 50.000.000
I - Capital 50.000.000 50.000.000
III - Reserves 283.753.676 259.958.256
1 - Legal reserve 10.000.000 10.000.000
5 - Other reserves 273.753.676 249.958.256
VI - Profit/(loss) for the year 18.478.194 50.951.429
B) NON-CURRENT LIABILITIES 3.879.370 4.006.132
I - Non-current provisions (Note 13) 3.879.370 4.006.132
C) CURRENT LIABILITIES 38.500.116 57.109.779
III - Current payables (Note 14) 2.511.276 5.459.563
4 - Others 2.511.276 5.459.563
V - Trade and other payables (Note 14) 35.988.839 51.650.216
1 - Trade payables 33.791.225 48.133.836
2 - Subsidiaries and associates 58.273 72.902
3 - Sundry payables 119.013 1.459.130
4 - Customer advances 143.698 155.527
5 - Others 1.876.630 1.828.821
TOTAL EQUITY AND LIABILITIES 394.611.357 422.025.596