Milan, 28 February 2013 – In compliance with the request sent by Consob on 13 September 2012, pursuant to article 114, paragraph 5, of Legislative Decree 58/1998, the following information is provided on Prelios S.p.A. and its Group, as at 31 December 2012.
1) Net Financial Position, with current and non-current items reported separately.
Prelios Group Net Financial Position at 31 January 2013 is negative for 530 million euro, compared to -520.5 million euro in December 2012 (preliminary data not yet approved). The decline compared to the preceding month of December is limited to 9.5 million euro as a result of the Company’s attentive monitoring and management of the working capital in order to align to the target of the Company extraordinary financial restructuring project; accurate management is geared to favour compliance with the corporate events calendar for which the preliminary agreement with the various lending entities involved is necessary.
Prelios S.p.A. Net Financial Position at 31 January 2013 is negative for 545.9 million euro, substantially stable compared to -542.2 million euro in December 2012 (preliminary data not yet approved).
1) Net Financial Position, with current and non-current items reported separately.
Prelios Group Net Financial Position at 31 January 2013 is negative for 530 million euro, compared to -520.5 million euro in December 2012 (preliminary data not yet approved). The decline compared to the preceding month of December is limited to 9.5 million euro as a result of the Company’s attentive monitoring and management of the working capital in order to align to the target of the Company extraordinary financial restructuring project; accurate management is geared to favour compliance with the corporate events calendar for which the preliminary agreement with the various lending entities involved is necessary.
Prelios S.p.A. Net Financial Position at 31 January 2013 is negative for 545.9 million euro, substantially stable compared to -542.2 million euro in December 2012 (preliminary data not yet approved).