D
E
A C
APITAL
- A
NNUAL
F
INANCIAL
S
TATEMENTS
FOR
THE
Y
EAR
E
NDING
31 D
ECEMBER
2017
189
Deposit/financing operations falling within this Framework Agreement can only be carried out subject to verification that the
terms and conditions, as determined from time to time, are advantageous, and will be provided on a revolving basis, and with
maturities of not more than three months. The Framework Agreement has a duration of one year and will automatically renew
each year.
The amounts involved in the deposit/financing operations will, however, always be below the thresholds for transactions
defined as “non-material” pursuant to Consob Regulation 17221/2010 (Transactions with Related Parties) and the internal
procedure on Transactions with Related Parties adopted by DeA Capital S.p.A.
Lastly, the Company did not hold, purchase or dispose of the shares of any related parties in 2017.
The table below shows the balances arising from transactions with related parties.
(EUR thousand)
31.12.2017
Financial year 2017
Trade
receivables
Tax
receivables
Tax
payables
Trade
payables
Revenues
for services
Tax
income
Personnel
costs net of
recharged
*
Service
costs
Spc S.p.A.
14.6
-
-
-
24.0
-
(6.1)
-
DeA Capital Alternative Funds SGR S.p.A.
137.5
-
63.9
-
518.9
-
(403.4)
-
DeA Capital Real Estate SGR S.p.A.
260.5
-
-
-
1.013.0
-
(106.6)
-
DeA Capital Partecipazioni S.p.A.
-
-
-
-
40.0
-
(7.5)
-
Innovation Real Estate S.p.A.
10.0
-
-
-
3.8
-
(10.0)
-
I.R.E. Advisory S.r.l.
-
-
-
-
1.0
-
-
-
De Agostini S.p.A.
103.5
900.0
-
-
356.5
925.6
60.0
621.7
De Agostini Publishing Italia S.p.A.
-
-
-
-
-
-
-
2.9
Lottomatica S.p.A.
1.3
-
-
-
26.4
-
-
-
De Agostini Editore S.p.A.
-
-
-
53.3
-
-
-
174.0
Total related parties
527.4
900.0
63.9
53.3
1,983,6
925.6
(473.6)
798.6
Total financial statement line item
757.6
900.0
251.6 1,023.8
3,172.0
925.6
3,660.8
4,648.9
as % of financial statement line item
69.6%
100.0%
25.4%
5.2%
62.5%
100.0%
(12.9%)
17.2%
* Values Net of revenues concerning the recharge of cost of personnel to the Group Companies.