Consolidated Balance Sheet at December 31, 2019

Assets

Note

2019

2018

Fixed assets

Intangible fixed assets

4

26,895

20,142

Tangible fixed assets

5

9,064

9,267

Financial fixed assets

6

16,031

15,067

51,990

44,476

Current assets

Work in progress

7

-

-

Receivables

8

147,910

144,597

Cash and cash equivalents

9

127,765

123,817

275,675

268,414

327,665

312,890

Shareholders’ equity & liabilities

Note

2,019

2,018

Group equity

Shareholders’ equity

10

158,138

149,587

Minority interest

11

-257

117

157,881

149,704

Provisions

12

34,605

32,101

Non-current liabilities

13

4,645

178

Current liabilities

14

130,534

130,907