171
ANNUAL REPORT AND CONSOLIDATED ACCOUNTS 2012
Financial assets impairment is broken down as follows:
Dec/12
Dec/11
With
Impairment
Without
Impairment
With
Impairment
Without
Impairment
Clients c/a
877,350
4,029,229
862,019
3,327,525
Other debtors
196,486
1,865,566
200,768
1,391,463
1,073,837
5,894,794
1,062,787
4,718,988
As for clients and other debts without impairment, the amounts are broken down as follows:
Dec-12
Dec-11
Debt not due
1,589,417
1,292,572
Debt due:
For less than 1 month
659,859
452,930
From one to three months
674,263
764,268
Over three months
2,971,256
2,209,218
5,894,794
4,718,988
Impairment losses in the year regarding other current assets are broken down as follows:
Starting
balance
Cancellation
Losses in
the Year
Impairment
reversion
Closing
balance
Clients c/ a
862,019
-
47,296
-31,964 877,350
Other debtors
200,768
-
-
-4,282 196,486
1,062,787
-
47,296
-36,246 1,073,837
15. SHARE CAPITAL
On 31
st
December 2012 and 2011, fully subscribed and paid up share capital was represented by 20.000.000 shares
to the bearer with a par value of 1 euro each.
In the years 2012 and 2011 the group did not acquired nor sold any own shares. This shares are subordinated
to the policy stipulated for own shares which specifies that the respective voting rights are suspended whilst the
shares are held by the group, although the group may sell these shares.
