ITF

CONSOLIDATED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST DECEMBER 2013 Note 2013 2012 $000 $000 Non-current assets Property, plant and equipment 22 2,027 2,232 2,027 2,232 Current assets Inventories 24 221 220 Trade and other receivables 25 12,733 15,834 Other financial assets 26 55,821 36,847 Cash and cash equivalents 13,859 31,337 82,634 84,238 Total assets 84,661 86,470 Current liabilities Trade and other payables 27 25,787 27,113 Other financial liabilities 28 91 109 Total current liabilities 25,878 27,222 Total assets less current liabilities 58,783 59,248 Non-current liabilities Provisions 29 519 519 Deferred Income (Olympics) 30 6,076 10,767 Net assets 52,188 47,962 Represented by Equity 52,188 47,962 These financial statements were approved by the Board of Directors on 06 March 2014 and were signed on its behalf by: Francesco Ricci Bitti Rene Stammbach President Chairman of the Finance Committee 51 ITF FINANCIAL STATEMENTS ITF FINANCIAL STATEMENTS CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31ST DECEMBER 2013 2013 2012 $000 $000 Surplus for the year 3,358 3,324 Other comprehensive income Foreign exchange translation differences (74) 26 Net change in fair value of cash flow hedges 942 830 Other comprehensive income for the year 868 856 Total comprehensive income for the year 4,226 4,180 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31ST DECEMBER 2013 2013 2012 $000 $000 Equity at start of the year 47,962 43,782 Total comprehensive income for the period Surplus for the year 3,358 3,324 Foreign exchange translation differences (74) 26 Net change in fair value of cash flow hedges 942 830 Total comprehensive income for the period 4,226 4,180 Equity at end of the year 52,188 47,962 50

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