CONSOLIDATED STATEMENT
OF FINANCIAL POSITION
at 31 December 2012
Note
2012
2011
$000$000
Non-current assets
Property, plant and equipment
22
2,2322,128
2,2322,128
Current assets
Inventories24
220271
25
15,834
Other financial assets
26
36,84733,626
Short term investments
27
-3,863
Cash and cash equivalents
31,3378,927
Trade and other receivables
18,745
84,238
65,432
Total assets 67,560
86,470
Current liabilities
Trade and other payables
28
Other financial liabilities
29
27,11322,733
109
526
Total current liabilities
27,222
23,259
Total assets less current liabilities
59,24844,301
Non-current liabilities
Provisions
Deferred Income (Olympics)
30
519
519
31
10,767
Net assets
47,96243,782
Represented by
Equity
47,96243,782
These financial statements were approved by the Board of Directors on 26 March 2013 and were signed on its behalf by:
Francesco Ricci Bitti
President
46
ITF FINANCIAL STATEMENTS
David Jude
Honorary Treasurer
