{
 "documentInfo": {
  "documentType": "https://xbrl.org/2021/xbrl-json",
  "features": {
   "xbrl:canonicalValues": true
  },
  "namespaces": {
   "VIN": "http://zucchigroup.it/2022-12-31",
   "ifrs-full": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
   "iso4217": "http://www.xbrl.org/2003/iso4217",
   "scheme": "http://standards.iso.org/iso/17442",
   "xbrl": "https://xbrl.org/2021",
   "xbrli": "http://www.xbrl.org/2003/instance"
  },
  "taxonomy": [
   "http://zucchigroup.it/2022-12-31/81560052ACB913425086-2022-12-31.xsd"
  ]
 },
 "facts": {
  "f21245": {
   "value": "16177000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21249": {
   "value": "25311000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21257": {
   "value": "12712000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTradeReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21260": {
   "value": "5000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTradeReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21264": {
   "value": "17258000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTradeReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21267": {
   "value": "5917000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTradeReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21274": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:CurrentLoansAndReceivablesDueFromParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21278": {
   "value": "1179000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:CurrentLoansAndReceivablesDueFromParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21281": {
   "value": "1179000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:CurrentLoansAndReceivablesDueFromParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21288": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:CurrentLoansAndReceivablesDueFromRelatedParties",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21292": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:CurrentLoansAndReceivablesDueFromRelatedParties",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21300": {
   "value": "6577000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21303": {
   "value": "2000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21307": {
   "value": "4676000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21310": {
   "value": "34000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21317": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxAssetsCurrent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21321": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxAssetsCurrent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21328": {
   "value": "45866000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Inventories",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21332": {
   "value": "33555000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Inventories",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21338": {
   "value": "81332000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21342": {
   "value": "81979000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21349": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21352": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21365": {
   "value": "26899000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:PropertyPlantAndEquipment",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21369": {
   "value": "29376000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:PropertyPlantAndEquipment",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21376": {
   "value": "35655000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:RightofuseAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21380": {
   "value": "28680000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:RightofuseAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21389": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:InvestmentProperty",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21393": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:InvestmentProperty",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21402": {
   "value": "14961000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IntangibleAssetsAndGoodwill",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21406": {
   "value": "2090000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IntangibleAssetsAndGoodwill",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21414": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentFinancialAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21418": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentFinancialAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21426": {
   "value": "114000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:InvestmentAccountedForUsingEquityMethodAndNonCurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21430": {
   "value": "114000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:InvestmentAccountedForUsingEquityMethodAndNonCurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21438": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentTradeReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21442": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentTradeReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21449": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLoansAndReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21453": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLoansAndReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21461": {
   "value": "2344000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21465": {
   "value": "1040000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21471": {
   "value": "79973000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21475": {
   "value": "61300000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21481": {
   "value": "161305000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Assets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21485": {
   "value": "143279000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Assets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21544": {
   "value": "4641000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentLoansReceivedAndCurrentPortionOfNoncurrentLoansReceived",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21548": {
   "value": "862000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentLoansReceivedAndCurrentPortionOfNoncurrentLoansReceived",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21555": {
   "value": "447000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentFinancialLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21559": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentFinancialLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21566": {
   "value": "7776000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentLeaseLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21570": {
   "value": "6693000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentLeaseLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21579": {
   "value": "36488000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21582": {
   "value": "127000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21586": {
   "value": "26391000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21589": {
   "value": "1579000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21597": {
   "value": "787000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21601": {
   "value": "1900000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21608": {
   "value": "1572000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherShorttermProvisions",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21612": {
   "value": "887000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherShorttermProvisions",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21621": {
   "value": "481000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentProvisionsForEmployeeBenefits",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21625": {
   "value": "493000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentProvisionsForEmployeeBenefits",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21631": {
   "value": "52192000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21635": {
   "value": "37226000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CurrentLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21644": {
   "value": "16239000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentPortionOfNoncurrentLoansReceived",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21648": {
   "value": "17333000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentPortionOfNoncurrentLoansReceived",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21655": {
   "value": "206000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentFinancialLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21659": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentFinancialLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21666": {
   "value": "28664000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLeaseLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21670": {
   "value": "23699000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLeaseLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21677": {
   "value": "2608000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherLongtermProvisions",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21681": {
   "value": "1498000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherLongtermProvisions",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21690": {
   "value": "3911000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21694": {
   "value": "4345000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21703": {
   "value": "4367000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DeferredTaxLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21707": {
   "value": "4412000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DeferredTaxLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21714": {
   "value": "4050000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21718": {
   "value": "722000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21724": {
   "value": "60045000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21728": {
   "value": "52009000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21738": {
   "value": "17547000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IssuedCapital",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21742": {
   "value": "17547000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IssuedCapital",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21749": {
   "value": "28451000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21753": {
   "value": "31195000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21759": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:RetainedEarningsProfitLossForReportingPeriod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21763": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:RetainedEarningsProfitLossForReportingPeriod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21770": {
   "value": "49068000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:EquityAttributableToOwnersOfParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21774": {
   "value": "54044000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:EquityAttributableToOwnersOfParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21781": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncontrollingInterests",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21785": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:NoncontrollingInterests",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21791": {
   "value": "49068000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21795": {
   "value": "54044000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21801": {
   "value": "161305000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:EquityAndLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21805": {
   "value": "143279000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:EquityAndLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21878": {
   "value": "113885000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21881": {
   "value": "7484000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21885": {
   "value": "98713000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21888": {
   "value": "12958000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21901": {
   "value": "-412000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21908": {
   "value": "51422000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CostOfSales",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21911": {
   "value": "819000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CostOfSales",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21915": {
   "value": "50076000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CostOfSales",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21918": {
   "value": "792000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CostOfSales",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21931": {
   "value": "223000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CostOfSales",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21934": {
   "value": "2509000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CostOfSales",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21941": {
   "value": "62463000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:GrossProfit",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21945": {
   "value": "48637000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:GrossProfit",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21952": {
   "value": "39339000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:SellingExpenseAndDistributionCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21955": {
   "value": "101000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:SellingExpenseAndDistributionCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21959": {
   "value": "30949000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:SellingExpenseAndDistributionCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21962": {
   "value": "69000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:SellingExpenseAndDistributionCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21975": {
   "value": "1406000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:SellingExpenseAndDistributionCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21978": {
   "value": "350000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:SellingExpenseAndDistributionCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f21985": {
   "value": "1354000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:MarketingExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21989": {
   "value": "792000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:MarketingExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21996": {
   "value": "14222000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:StructuralExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f21999": {
   "value": "42000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:StructuralExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22003": {
   "value": "10531000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:StructuralExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22006": {
   "value": "24000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:StructuralExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22021": {
   "value": "306000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:StructuralExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22025": {
   "value": "76000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:StructuralExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22031": {
   "value": "54915000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OperatingExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22035": {
   "value": "42272000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OperatingExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22050": {
   "value": "1712000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OperatingExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22054": {
   "value": "426000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OperatingExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22062": {
   "value": "928000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherIncomeAndOtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22065": {
   "value": "-605000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherIncomeAndOtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22069": {
   "value": "1138000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherIncomeAndOtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22072": {
   "value": "-1553000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherIncomeAndOtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22085": {
   "value": "-664000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherIncomeAndOtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22088": {
   "value": "-472000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OtherIncomeAndOtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22095": {
   "value": "3473000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22099": {
   "value": "3427000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22107": {
   "value": "2545000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22111": {
   "value": "2289000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22124": {
   "value": "664000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22127": {
   "value": "472000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherExpenseByFunction",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "VIN:RecurringAndNonRecurringOperationsAxis": "VIN:NonRecurringOperationsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22136": {
   "value": "847000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ExpenseOfRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22139": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ExpenseOfRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22143": {
   "value": "381000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ExpenseOfRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22146": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ExpenseOfRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22152": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:GainOnRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22156": {
   "value": "413000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:GainOnRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22163": {
   "value": "847000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:LossOnRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22167": {
   "value": "794000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:LossOnRestructuringActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22183": {
   "value": "7629000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22187": {
   "value": "7122000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22195": {
   "value": "-2210000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncomeCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22198": {
   "value": "-29000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncomeCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22202": {
   "value": "-1638000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncomeCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22205": {
   "value": "-32000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncomeCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22222": {
   "value": "127000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22226": {
   "value": "216000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22232": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:FinanceIncomeFromWaiverOfBankDebt",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22235": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:FinanceIncomeFromWaiverOfBankDebt",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22252": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22255": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22262": {
   "value": "2337000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherFinanceCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22266": {
   "value": "1854000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherFinanceCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22274": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22277": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22281": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22284": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:CategoriesOfRelatedPartiesAxis": "ifrs-full:RelatedPartiesMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22291": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:GainsOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22295": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:GainsOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22302": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:LossesOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22306": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:LossesOnFinancialAssetsAtFairValueThroughProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22314": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22317": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22324": {
   "value": "5419000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22328": {
   "value": "5484000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22336": {
   "value": "2349000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22340": {
   "value": "182000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22346": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22350": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22402": {
   "value": "210000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22406": {
   "value": "159000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22414": {
   "value": "210000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22417": {
   "value": "159000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22430": {
   "value": "446000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22434": {
   "value": "-149000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22443": {
   "value": "446000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22446": {
   "value": "-149000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22453": {
   "value": "656000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22456": {
   "value": "10000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22463": {
   "value": "3726000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22467": {
   "value": "5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22478": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22482": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22490": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22494": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22498": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22502": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22513": {
   "value": "3726000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22517": {
   "value": "5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22525": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22529": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22533": {
   "value": "3726000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22537": {
   "value": "5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22546": {
   "value": "0.121",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:BasicEarningsLossPerShare",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "f22550": {
   "value": "0.209",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:BasicEarningsLossPerShare",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "f22557": {
   "value": "0.121",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:DilutedEarningsLossPerShare",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "f22561": {
   "value": "0.209",
   "decimals": 3,
   "dimensions": {
    "concept": "ifrs-full:DilutedEarningsLossPerShare",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "f22623": {
   "value": "17547000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22626": {
   "value": "-36146000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22629": {
   "value": "67331000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22632": {
   "value": "48732000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22635": {
   "value": "48732000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22643": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22647": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22650": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22662": {
   "value": "159000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22665": {
   "value": "159000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22668": {
   "value": "159000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22674": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ShareIssueRelatedCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22681": {
   "value": "-149000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22685": {
   "value": "-149000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22688": {
   "value": "-149000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22695": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22698": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22701": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22705": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22711": {
   "value": "10000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22714": {
   "value": "10000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22717": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22720": {
   "value": "10000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22727": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22730": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22733": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22736": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22741": {
   "value": "5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22744": {
   "value": "5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22747": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22750": {
   "value": "5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22761": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22764": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22768": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22771": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22775": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22778": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22783": {
   "value": "100000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22786": {
   "value": "16711000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22790": {
   "value": "50520000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22793": {
   "value": "-67331000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22797": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22800": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22806": {
   "value": "-152000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfIscaPantanelle",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22809": {
   "value": "152000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfIscaPantanelle",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22813": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfIscaPantanelle",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22816": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfIscaPantanelle",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22822": {
   "value": "-48000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToLandWriteDownOfNotarescoAndGalliate",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22825": {
   "value": "48000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToLandWriteDownOfNotarescoAndGalliate",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22829": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToLandWriteDownOfNotarescoAndGalliate",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22832": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToLandWriteDownOfNotarescoAndGalliate",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22842": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22845": {
   "value": "100000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22848": {
   "value": "16511000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22852": {
   "value": "50720000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22856": {
   "value": "-67331000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22859": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22862": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22865": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22869": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22872": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22877": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22880": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22883": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22886": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22889": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22892": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22895": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22898": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22904": {
   "value": "17547000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22907": {
   "value": "100000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22910": {
   "value": "16511000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22913": {
   "value": "14574000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22916": {
   "value": "5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22919": {
   "value": "54044000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22922": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22925": {
   "value": "54044000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22932": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22935": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22938": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22949": {
   "value": "210000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22953": {
   "value": "210000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22956": {
   "value": "210000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22961": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ShareIssueRelatedCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22964": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ShareIssueRelatedCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22967": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ShareIssueRelatedCost",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22974": {
   "value": "446000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22978": {
   "value": "446000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22982": {
   "value": "446000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22989": {
   "value": "656000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f22993": {
   "value": "656000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f22996": {
   "value": "656000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23003": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23006": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23009": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23012": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23015": {
   "value": "3726000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23018": {
   "value": "3726000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23021": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23024": {
   "value": "3726000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23035": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23038": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IssueOfEquity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23043": {
   "value": "457000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23046": {
   "value": "4855000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23049": {
   "value": "-5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23052": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23055": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23059": {
   "value": "11000000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23063": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23066": {
   "value": "11000000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23069": {
   "value": "11000000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23074": {
   "value": "2298000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughConsolidationAdjustments",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23077": {
   "value": "2298000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughConsolidationAdjustments",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23080": {
   "value": "2298000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughConsolidationAdjustments",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23085": {
   "value": "-1812000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfNotaresco",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23088": {
   "value": "1812000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfNotaresco",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23091": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfNotaresco",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23094": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToSaleOfNotaresco",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23100": {
   "value": "-5000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToWriteDownOfGalliateLand",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23103": {
   "value": "5000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToWriteDownOfGalliateLand",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23107": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToWriteDownOfGalliateLand",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23110": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseThroughTransfersDueToWriteDownOfGalliateLand",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23120": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23123": {
   "value": "457000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23126": {
   "value": "-1817000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23129": {
   "value": "-2030000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23132": {
   "value": "-5312000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23135": {
   "value": "-8702000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23138": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23141": {
   "value": "-8702000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23145": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23148": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23153": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23156": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23159": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23163": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23168": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23172": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23175": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23178": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23184": {
   "value": "17547000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23187": {
   "value": "557000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23190": {
   "value": "14694000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:IfrsReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23193": {
   "value": "12544000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "VIN:MiscellaneousOtherReservesAndRetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23196": {
   "value": "3726000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23199": {
   "value": "49068000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23202": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
    "unit": "iso4217:EUR"
   }
  },
  "f23205": {
   "value": "49068000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23243": {
   "value": "3070000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23246": {
   "value": "5302000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23257": {
   "value": "8986000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23260": {
   "value": "8061000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23265": {
   "value": "30000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23268": {
   "value": "30000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceIncome",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23273": {
   "value": "1473000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23276": {
   "value": "1474000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceCosts",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23284": {
   "value": "-60000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForLossesGainsOnDisposalOfPropertyPlantAndEquipmentAndIntangibleAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23287": {
   "value": "-2000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForLossesGainsOnDisposalOfPropertyPlantAndEquipmentAndIntangibleAssets",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23292": {
   "value": "154000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForLossesGainsOnDisposalOfNotaresco",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23295": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForLossesGainsOnDisposalOfNotaresco",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23300": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForLossesGainsOnDisposalOfNonCurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23303": {
   "value": "-413000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForLossesGainsOnDisposalOfNonCurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23310": {
   "value": "29000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForInterestIncomeFromParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23313": {
   "value": "29000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForInterestIncomeFromParent",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23320": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForInterestIncomeFromRelatedParties",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23323": {
   "value": "3000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForInterestIncomeFromRelatedParties",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23329": {
   "value": "2349000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23332": {
   "value": "182000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23336": {
   "value": "15913000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23339": {
   "value": "14542000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23350": {
   "value": "8918000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23353": {
   "value": "1611000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23360": {
   "value": "-6352000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23363": {
   "value": "-2017000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23371": {
   "value": "-5444000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23374": {
   "value": "2657000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23380": {
   "value": "-217000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForProvisionsAndAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23383": {
   "value": "588000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:AdjustmentsForProvisionsAndAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23387": {
   "value": "3095000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23390": {
   "value": "-2839000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23394": {
   "value": "12818000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperations",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23397": {
   "value": "17381000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperations",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23402": {
   "value": "654000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23405": {
   "value": "678000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23410": {
   "value": "2306000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23413": {
   "value": "1704000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23418": {
   "value": "210000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23421": {
   "value": "159000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23426": {
   "value": "10068000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23429": {
   "value": "15158000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23444": {
   "value": "1396000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23447": {
   "value": "14357000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23453": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23456": {
   "value": "18000000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23461": {
   "value": "81000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23464": {
   "value": "-260000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23469": {
   "value": "-5412000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23472": {
   "value": "-3825000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23477": {
   "value": "11000000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23480": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23485": {
   "value": "-6903000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23488": {
   "value": "7208000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23505": {
   "value": "2124000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:PurchaseOfPropertyPlantAndEquipmentAndPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23508": {
   "value": "1385000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:PurchaseOfPropertyPlantAndEquipmentAndPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23516": {
   "value": "66000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:ProceedsFromSalesOfPropertyPlantAndEquipmentAndProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23519": {
   "value": "12000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:ProceedsFromSalesOfPropertyPlantAndEquipmentAndProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23524": {
   "value": "3000000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:ProceedsFromSalesOfNotarescoClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23527": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:ProceedsFromSalesOfNotarescoClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23533": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromDisposalOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperations",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23536": {
   "value": "700000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromDisposalOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperations",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23542": {
   "value": "14541000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OpeningClosingLeasedAssetContractsAndOtherChangesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23545": {
   "value": "10269000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:OpeningClosingLeasedAssetContractsAndOtherChangesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23554": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseInLoansAndReceivablesFromRelatedPartiesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23557": {
   "value": "-654000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseInLoansAndReceivablesFromRelatedPartiesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23562": {
   "value": "62000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesAndCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23565": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesAndCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23575": {
   "value": "-1208000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseInLoansAndReceivablesFromParentClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23578": {
   "value": "1150000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:IncreaseDecreaseInLoansAndReceivablesFromParentClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23583": {
   "value": "30000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:InterestReceivedNotFromRelatedPartiesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23586": {
   "value": "30000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:InterestReceivedNotFromRelatedPartiesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23591": {
   "value": "0",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:InterestReceivedFromRelatedPartiesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23594": {
   "value": "3000",
   "decimals": -3,
   "dimensions": {
    "concept": "VIN:InterestReceivedFromRelatedPartiesClassifiedAsInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23601": {
   "value": "-12299000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23605": {
   "value": "-11405000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23613": {
   "value": "-9134000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23616": {
   "value": "10961000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23624": {
   "value": "25311000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23627": {
   "value": "14350000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2021-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23634": {
   "value": "16177000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "f23637": {
   "value": "25311000",
   "decimals": -3,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "s6_notes__6__11": {
   "value": "Sezione A - INFORMAZIONI G<span class=\"_ _0\"></span>ENERALI Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi, cos<span class=\"_ _0\"></span>tituito <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>1 s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _0\"></span>facent<span class=\"_ _0\"></span>i ca<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _0\"></span>Zucchi <span class=\"_ _0\"></span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>(soc<span class=\"_ _0\"></span>iet\u00e0 per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>ituita in <span class=\"_ _d\"></span>I<span class=\"_ _0\"></span>talia <span class=\"_ _5\"></span>presso <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>Registro <span class=\"_ _5\"> </span>delle <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>prese <span class=\"_ _5\"> </span>di <span class=\"_ _5\"> </span>M<span class=\"_ _0\"></span>ilano <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>quotata <span class=\"_ _e\"> </span>nel <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>egmento <span class=\"_ _5\"></span>st<span class=\"_ _0\"></span>andard <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>Mercato <span class=\"_ _5\"></span>T<span class=\"_ _0\"></span>elematico Azionario <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Borsa <span class=\"_ _3\"></span>It<span class=\"_ _0\"></span>aliana <span class=\"_ _d\"></span>S.p.A.) <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>oduce, <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>istribuisce <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>izza <span class=\"_ _3\"></span>prodott<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ttore <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>biancher<span class=\"_ _0\"></span>iaper <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>casa, <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>anche, <span class=\"_ _3\"></span>nello <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>tore, <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>servizi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>obilitazione <span class=\"_ _3\"></span>e, <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mai <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>misura <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>iduale, <span class=\"_ _0\"></span>con semilavorati. <span class=\"_\"> </span>Ino<span class=\"_ _0\"></span>ltre, <span class=\"_\"> </span>grazie <span class=\"_\"> </span>anche <span class=\"_\"> </span>all\u2019attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_\"> </span>del <span class=\"_\"> </span>marchio <span class=\"_\"> </span>Bassetti <span class=\"_\"> </span>Hom<span class=\"_ _0\"></span>e <span class=\"_\"> </span>Innovation <span class=\"_\"> </span>e <span class=\"_\"> </span>a nuovi <span class=\"_\"> </span>progetti <span class=\"_\"> </span>in cantiere, \u00e8 altres<span class=\"_ _0\"></span>\u00ec attivo ne<span class=\"_ _0\"></span>i servizi al cons<span class=\"_ _0\"></span>umatore, ne<span class=\"_ _0\"></span>lla ristrutturaz<span class=\"_ _0\"></span>ione della casa<span class=\"_ _0\"></span> e nell\u2019home dec<span class=\"_ _0\"></span>oration.<span class=\"_ _0\"></span> Gli <span class=\"_ _d\"></span>indir<span class=\"_ _0\"></span>izzi <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>sede <span class=\"_ _5\"></span>leg<span class=\"_ _0\"></span>ale <span class=\"_ _d\"></span>e <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>ltre <span class=\"_ _5\"></span>sedi <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>cui <span class=\"_ _5\"> </span>sono <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ondotte <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>Gruppo <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>ind<span class=\"_ _0\"></span>icati <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>egli allegati al pres<span class=\"_ _0\"></span>ente fascico<span class=\"_ _0\"></span>lo di bilancio.<span class=\"_ _0\"></span> Si <span class=\"_\"> </span>rimanda <span class=\"_\"> </span>alla <span class=\"_\"> </span>Relaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>sulla <span class=\"_\"> </span>gestione <span class=\"_ _a\"> </span>per <span class=\"_\"> </span>i <span class=\"_\"> </span>commenti <span class=\"_\"> </span>sull\u2019attivit\u00e0 <span class=\"_\"> </span>sv<span class=\"_ _0\"></span>olta <span class=\"_\"> </span>nel <span class=\"_\"> </span>2022 <span class=\"_\"> </span>dal <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_\"> </span>e <span class=\"_\"> </span>sulla prevedibile ev<span class=\"_ _0\"></span>oluzione dell<span class=\"_ _0\"></span>a gestione. 1. CONTENUTO E FORMA DEI PROSPETTI CONTABILI CONSOLIDATI Il <span class=\"_ _b\"> </span>bilancio <span class=\"_ _b\"> </span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _b\"> </span>Gruppo <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1 <span class=\"_ _b\"> </span>dicembre <span class=\"_ _14\"> </span>2022, <span class=\"_ _b\"> </span>approv<span class=\"_ _0\"></span>ato <span class=\"_ _b\"> </span>dal <span class=\"_ _b\"> </span>Co<span class=\"_ _0\"></span>nsiglio <span class=\"_ _b\"> </span>di Amministrazio<span class=\"_ _0\"></span>ne <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>28 <span class=\"_ _d\"></span>aprile <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>023, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>stat<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>edisposto <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>Principi <span class=\"_ _d\"></span>Contabi<span class=\"_ _0\"></span>li Internazionali <span class=\"_\"> </span>(\u201cIFRS\u201d) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span>messi <span class=\"_ _1\"> </span>da<span class=\"_ _0\"></span>ll\u2019International <span class=\"_\"> </span>A<span class=\"_ _2\"></span>ccounting <span class=\"_ _1\"> </span>St<span class=\"_ _0\"></span>andards <span class=\"_ _1\"> </span>Board <span class=\"_\"> </span>(\u201cIASB<span class=\"_ _2\"></span>\u201d) <span class=\"_ _1\"> </span>e omologati <span class=\"_ _3\"></span>dall\u2019Union<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Europea, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovvedimenti <span class=\"_ _3\"></span>emanat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>attuazione <span class=\"_ _d\"></span>dell\u2019Art. <span class=\"_ _3\"></span>9 del <span class=\"_ _a\"> </span>D. <span class=\"_ _b\"> </span>Lgs. <span class=\"_ _b\"> </span>n. <span class=\"_ _b\"> </span>38/2005. <span class=\"_ _b\"> </span>Con <span class=\"_ _a\"> </span>\u201cIFR<span class=\"_ _0\"></span>S\u201d <span class=\"_ _a\"> </span>si <span class=\"_ _b\"> </span>intendo<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>anche <span class=\"_ _b\"> </span>gli <span class=\"_ _b\"> </span>Internationa<span class=\"_ _0\"></span>l <span class=\"_ _a\"> </span>Ac<span class=\"_ _0\"></span>counting Standards <span class=\"_ _3\"></span>(\u201c<span class=\"_ _0\"></span>IAS\u201d) <span class=\"_ _3\"></span>tu<span class=\"_ _0\"></span>ttora <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>igore, <span class=\"_ _3\"></span>nonc<span class=\"_ _0\"></span>h\u00e9 <span class=\"_ _3\"></span>tutti <span class=\"_ _d\"></span>i <span class=\"_ _3\"></span>docu<span class=\"_ _0\"></span>menti <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span>erpretativi <span class=\"_ _d\"></span>emessi <span class=\"_ _d\"></span>dall\u2019IFRS Interpretation <span class=\"_ _e\"> </span>Com<span class=\"_ _0\"></span>mittee, <span class=\"_ _e\"> </span>precedentement<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>enomi<span class=\"_ _0\"></span>nato <span class=\"_ _5\"> </span>I<span class=\"_ _0\"></span>nternationa<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>Financial <span class=\"_ _e\"> </span>Reporting Interpretations <span class=\"_\"> </span>Com<span class=\"_ _0\"></span>mittee <span class=\"_\"> </span>(\u201cIFRIC\u201d<span class=\"_ _0\"></span>) <span class=\"_\"> </span>e <span class=\"_\"> </span>ancor <span class=\"_\"> </span>prima <span class=\"_\"> </span>Standard<span class=\"_ _0\"></span> <span class=\"_\"> </span>Interpretations <span class=\"_\"> </span>Comm<span class=\"_ _0\"></span>ittee (\u201cSIC\u201d). 1.1 <span class=\"_ _a\"> </span>Forma dei prospetti contabili consolidati Relativamente <span class=\"_ _10\"> </span>alla <span class=\"_ _10\"> </span>forma<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>dei <span class=\"_ _10\"> </span>prospett<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>conta<span class=\"_ _0\"></span>bili <span class=\"_ _10\"> </span>consolidati <span class=\"_ _10\"> </span>il <span class=\"_ _10\"> </span>Gruppo <span class=\"_ _10\"> </span>ha <span class=\"_ _10\"> </span>scelto <span class=\"_ _10\"> </span>di presentare le segu<span class=\"_ _0\"></span>enti tipo<span class=\"_ _0\"></span>logie di schem<span class=\"_ _0\"></span>i contabili:<span class=\"_ _0\"></span> Prospetto del<span class=\"_ _0\"></span>la situazione <span class=\"_ _0\"></span>patrimoniale \u2013<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>a consolidata Il <span class=\"_\"> </span>Pros<span class=\"_ _0\"></span>petto <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>situazi<span class=\"_ _0\"></span>one <span class=\"_ _a\"> </span>pa<span class=\"_ _2\"></span>trimonia<span class=\"_ _0\"></span>le <span class=\"_\"> </span>\u2013<span class=\"_ _0\"></span> <span class=\"_\"> </span>finanzi<span class=\"_ _0\"></span>aria <span class=\"_\"> </span>cons<span class=\"_ _0\"></span>olidata <span class=\"_ _a\"> </span>viene <span class=\"_\"> </span>pres<span class=\"_ _0\"></span>entato <span class=\"_ _a\"> </span>a sezioni contrappos<span class=\"_ _0\"></span>te con s<span class=\"_ _0\"></span>eparata ind<span class=\"_ _0\"></span>icazione delle <span class=\"_ _0\"></span>Attivit\u00e0, P<span class=\"_ _0\"></span>assivit\u00e0 e Patrimon<span class=\"_ _0\"></span>io Netto.<span class=\"_ _0\"></span> A <span class=\"_ _3\"></span>loro <span class=\"_ _d\"></span>volt<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>Attivit\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>Passivit\u00e0 <span class=\"_ _d\"></span>vengono <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>poste <span class=\"_ _d\"></span>sulla <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>loro <span class=\"_ _d\"></span>class<span class=\"_ _0\"></span>ificazione come correnti e no<span class=\"_ _0\"></span>n correnti.<span class=\"_ _0\"></span> Prospetto <span class=\"_\"> </span>dell\u2019ut<span class=\"_ _0\"></span>ile/(perdita)<span class=\"_ _0\"></span> <span class=\"_\"> </span>dell\u2019esercizio <span class=\"_\"> </span>e <span class=\"_\"> </span>delle <span class=\"_\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_\"> </span>componenti <span class=\"_\"> </span>di <span class=\"_\"> </span>conto <span class=\"_\"> </span>economic<span class=\"_ _0\"></span>o complessivo c<span class=\"_ _0\"></span>onsolidato  Il <span class=\"_ _e\"> </span>pros<span class=\"_ _0\"></span>petto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile/(p<span class=\"_ _0\"></span>erdita) <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>altre <span class=\"_ _f\"> </span>componenti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>conto <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span>conomico complessivo c<span class=\"_ _0\"></span>onsolidato vi<span class=\"_ _0\"></span>ene presentato <span class=\"_ _0\"></span>nella sua cl<span class=\"_ _0\"></span>assificazione per d<span class=\"_ _0\"></span>estinaz<span class=\"_ _0\"></span>ione.  Ai <span class=\"_ _3\"></span>fini <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>iara <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>omprensi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>risultati <span class=\"_ _3\"></span>tipici <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>gestione <span class=\"_ _3\"></span>industriale<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dinaria, finanziaria e<span class=\"_ _0\"></span> fiscale, il conto <span class=\"_ _0\"></span>economico pr<span class=\"_ _0\"></span>esenta i segu<span class=\"_ _0\"></span>enti risultati i<span class=\"_ _0\"></span>ntermedi:<span class=\"_ _0\"></span> - Margine ind<span class=\"_ _0\"></span>ustriale; - Risultato Operat<span class=\"_ _0\"></span>ivo (Ebit -<span class=\"_ _0\"></span> Utile prima di<span class=\"_ _0\"></span> interessi e<span class=\"_ _0\"></span> imposte); - Risultato prim<span class=\"_ _0\"></span>a delle impo<span class=\"_ _0\"></span>ste.  Prospetto del<span class=\"_ _0\"></span>le variazioni <span class=\"_ _0\"></span>di patrimonio nett<span class=\"_ _0\"></span>o consolidat<span class=\"_ _0\"></span>o Si <span class=\"_ _5\"></span>ri<span class=\"_ _0\"></span>porta <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>prosp<span class=\"_ _0\"></span>etto <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _e\"> </span>evidenza <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>eparata <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>risultato <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>prospett<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile<span class=\"_ _0\"></span>/(perdita) dell\u2019esercizio e de<span class=\"_ _0\"></span>lle altre c<span class=\"_ _0\"></span>omponenti di conto <span class=\"_ _0\"></span>economico c<span class=\"_ _0\"></span>omplessivo c<span class=\"_ _0\"></span>onsolid<span class=\"_ _0\"></span>ato. Rendiconto fi<span class=\"_ _0\"></span>nanziario con<span class=\"_ _0\"></span>solidato Viene <span class=\"_ _14\"> </span>presentat<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>il <span class=\"_ _14\"> </span>prospetto <span class=\"_ _14\"> </span>sudd<span class=\"_ _0\"></span>iviso <span class=\"_ _14\"> </span>per <span class=\"_ _14\"> </span>are<span class=\"_ _0\"></span>e <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>formazione <span class=\"_ _8\"> </span>dei <span class=\"_ _14\"> </span>flussi <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>cas<span class=\"_ _0\"></span>sa, predisposto secon<span class=\"_ _0\"></span>do il metodo <span class=\"_ _0\"></span>indiretto. Altre informaz<span class=\"_ _0\"></span>ioni Si precisa, <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>ine, che <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>state a<span class=\"_ _0\"></span>dottate t<span class=\"_ _0\"></span>utte <span class=\"_ _0\"></span>le indic<span class=\"_ _0\"></span>azioni prev<span class=\"_ _0\"></span>iste da<span class=\"_ _0\"></span>lle d<span class=\"_ _0\"></span>elibere Cons<span class=\"_ _0\"></span>ob 15519 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1552<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>nonch\u00e9 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>lla c<span class=\"_ _0\"></span>omunicazi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>DEM <span class=\"_ _0\"></span>/60<span class=\"_ _0\"></span>64293 <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Co<span class=\"_ _0\"></span>nsob, <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>prevedono la <span class=\"_\"> </span>presentazione <span class=\"_\"> </span>(qualora <span class=\"_\"> </span>significative) <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>posiz<span class=\"_ _0\"></span>ioni <span class=\"_\"> </span>o <span class=\"_ _1\"> </span>trans<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>con <span class=\"_ _1\"> </span>par<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>correlate nonch\u00e9 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ompon<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>reddito <span class=\"_ _d\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>eventi <span class=\"_ _5\"></span>o <span class=\"_ _d\"></span>fatti <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>cui <span class=\"_ _5\"></span>accadimento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>risulta <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n ricorrente, e l\u2019i<span class=\"_ _0\"></span>nformativa d<span class=\"_ _0\"></span>a fornire nelle n<span class=\"_ _0\"></span>ote esplicat<span class=\"_ _0\"></span>ive. Il bilancio <span class=\"_ _0\"></span>consolidato <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>prende <span class=\"_ _0\"></span>il bilanc<span class=\"_ _0\"></span>io della <span class=\"_ _0\"></span>Vince<span class=\"_ _0\"></span>nzo Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. e <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>da essa <span class=\"_ _f\"> </span>controllate <span class=\"_ _f\"> </span>(italiane <span class=\"_ _f\"> </span>ed <span class=\"_ _e\"> </span>es<span class=\"_ _0\"></span>tere) <span class=\"_ _f\"> </span>direttamente <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>indirettamente <span class=\"_ _f\"> </span>(vedas<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>N<span class=\"_ _0\"></span>ota <span class=\"_ _f\"> </span>45 <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> l\u2019elenco delle <span class=\"_ _0\"></span>Societ\u00e0 parte<span class=\"_ _0\"></span>cipate). Nella <span class=\"_ _8\"> </span>sez<span class=\"_ _0\"></span>ione <span class=\"_ _9\"> </span>D <span class=\"_ _9\"> </span>della <span class=\"_ _9\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _8\"> </span>no<span class=\"_ _0\"></span>ta <span class=\"_ _8\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>e<span class=\"_ _0\"></span>lencate <span class=\"_ _9\"> </span>le <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _9\"> </span>incluse <span class=\"_ _9\"> </span>nel<span class=\"_ _0\"></span>l\u2019area <span class=\"_ _9\"> </span>di consolidament<span class=\"_ _0\"></span>o e i loro rap<span class=\"_ _0\"></span>porti di parteci<span class=\"_ _0\"></span>pazione. <span class=\"_ _0\"></span> Il <span class=\"_ _f\"> </span>prese<span class=\"_ _0\"></span>nte <span class=\"_ _1\"> </span>bilancio <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>espr<span class=\"_ _0\"></span>esso <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>Euro <span class=\"_ _f\"> </span>(\u20ac) <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>ques<span class=\"_ _0\"></span>ta <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>valuta <span class=\"_ _1\"> </span>nella <span class=\"_ _1\"> </span>quale <span class=\"_ _1\"> </span>\u00e8 condotta <span class=\"_ _b\"> </span>la <span class=\"_ _14\"> </span>mag<span class=\"_ _0\"></span>gior <span class=\"_ _b\"> </span>parte <span class=\"_ _14\"> </span>delle <span class=\"_ _b\"> </span>o<span class=\"_ _0\"></span>perazioni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _b\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _b\"> </span>(moneta <span class=\"_ _14\"> </span>funzi<span class=\"_ _0\"></span>onale); <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>va<span class=\"_ _0\"></span>lori espressi <span class=\"_ _b\"> </span>nelle <span class=\"_ _14\"> </span>note <span class=\"_ _b\"> </span>es<span class=\"_ _0\"></span>plicative <span class=\"_ _b\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>arrotondati <span class=\"_ _14\"> </span>alle <span class=\"_ _b\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>Euro <span class=\"_ _b\"> </span>tr<span class=\"_ _0\"></span>anne<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>quando diversamente indic<span class=\"_ _0\"></span>ato.  I valori espost<span class=\"_ _0\"></span>i nei prospett<span class=\"_ _0\"></span>i contabili son<span class=\"_ _0\"></span>o espressi in mi<span class=\"_ _0\"></span>gliaia di E<span class=\"_ _0\"></span>uro.  Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>estere <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>luse <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _3\"></span>secondo <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>principi <span class=\"_ _3\"></span>indicati <span class=\"_ _3\"></span>nelle <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ote che seguono. 1.2   Contenuto del bilancio consolidat<span class=\"fs2\">o</span>e area di consolidamento Nell\u2019esercizio <span class=\"_ _e\"> </span>2022 <span class=\"_ _f\"> </span>l\u2019area <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>consolidamento <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stata <span class=\"_ _f\"> </span>ampliata <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>l\u2019acquisizione<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>integrale<span class=\"_ _0\"></span> della parte correlat<span class=\"_ _0\"></span>a Desca<span class=\"_ _0\"></span>mps S.A.S..<span class=\"_ _0\"></span> In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>luglio <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>quisito <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>orrispettivo <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>4 <span class=\"_ _3\"></span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> l\u2019intero <span class=\"_ _e\"> </span>capitale <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociale <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _e\"> </span>S.A.S., <span class=\"_ _e\"> </span>gi\u00e0 <span class=\"_ _5\"></span>part<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>quanto <span class=\"_ _e\"> </span>indirettament<span class=\"_ _0\"></span>e controllata da As<span class=\"_ _0\"></span>trance Capita<span class=\"_ _0\"></span>l S.A.S..<span class=\"_ _0\"></span> Descamps <span class=\"_ _b\"> </span>S.A.S. <span class=\"_ _b\"> </span>deti<span class=\"_ _0\"></span>ene <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>partecipaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>9<span class=\"_ _0\"></span>9,99% <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _b\"> </span>sociale <span class=\"_ _b\"> </span>di Descamps <span class=\"_ _0\"></span>Monaco S.A.<span class=\"_ _0\"></span>R.L. che, d<span class=\"_ _0\"></span>i consegu<span class=\"_ _0\"></span>enza, entra indir<span class=\"_ _0\"></span>ettament<span class=\"_ _0\"></span>e a far part<span class=\"_ _0\"></span>e dell\u2019area<span class=\"_ _0\"></span> di <span class=\"_ _3\"></span>consolidamen<span class=\"_ _0\"></span>to. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>societ\u00e0 <span class=\"_ _3\"></span>svolge<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>affini <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelle <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Desc<span class=\"_ _0\"></span>amps <span class=\"_ _3\"></span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _3\"></span>tramite <span class=\"_ _3\"></span>un negozio sito n<span class=\"_ _0\"></span>el Principato di<span class=\"_ _0\"></span> Monaco.<span class=\"_ _0\"></span> L\u2019acquisizione <span class=\"_ _f\"> </span>costituisc<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>part<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>ragione <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>circostanza<span class=\"_ _0\"></span> che <span class=\"_ _12\"> </span>Descamps <span class=\"_ _12\"> </span>S.A.S. <span class=\"_ _12\"> </span>\u00e8 <span class=\"_ _12\"> </span>contr<span class=\"_ _0\"></span>ollata <span class=\"_ _12\"> </span>indirettame<span class=\"_ _0\"></span>nte <span class=\"_ _12\"> </span>da <span class=\"_ _12\"> </span>Astrance <span class=\"_ _12\"> </span>Capita<span class=\"_ _0\"></span>l <span class=\"_ _12\"> </span>S.A.S.,<span class=\"_ _0\"></span> integralmente <span class=\"_ _11\"> </span>par<span class=\"_ _0\"></span>tecipata <span class=\"_ _11\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>amministrat<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>J<span class=\"_ _0\"></span>oel <span class=\"_ _10\"> </span>D<span class=\"_ _0\"></span>avid <span class=\"_ _11\"> </span>Ben<span class=\"_ _0\"></span>ilouche <span class=\"_ _11\"> </span>(Pres<span class=\"_ _0\"></span>idente <span class=\"_ _11\"> </span>e Amministratore <span class=\"_ _1\"> </span>Delegato <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>Vincenzo <span class=\"_ _f\"> </span>Zucchi <span class=\"_ _1\"> </span>S.p.A.) <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>Florian <span class=\"_ _f\"> </span>Gayet <span class=\"_ _f\"> </span>(am<span class=\"_ _0\"></span>ministratore<span class=\"_ _0\"></span> della Vincenzo Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A.). Conformemente <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quanto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>previsto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _a\"> </span>Rego<span class=\"_ _0\"></span>lamento <span class=\"_ _b\"> </span>OPC <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>dalla <span class=\"_ _a\"> </span>\u201c<span class=\"_ _0\"></span>Procedur<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>le operazioni <span class=\"_ _3e\"> </span>con <span class=\"_ _3e\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>correlate\u201d <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Capogrupp<span class=\"_ _0\"></span>o, <span class=\"_ _3e\"> </span>l\u2019operazione <span class=\"_ _3e\"> </span>\u00e8 <span class=\"_ _3e\"> </span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>approvata all\u2019unanimit\u00e0 <span class=\"_ _3e\"> </span>dal <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>A<span class=\"_ _0\"></span>mministrazione <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Vincenzo <span class=\"_ _3e\"> </span>Zucchi <span class=\"_ _3e\"> </span>S.p.A., <span class=\"_ _13\"> </span>c<span class=\"_ _0\"></span>on l\u2019astensione <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>onsiglieri <span class=\"_ _0\"></span>Joel <span class=\"_ _0\"></span>David <span class=\"_ _0\"></span>Benilouc<span class=\"_ _0\"></span>he e F<span class=\"_ _0\"></span>lorian <span class=\"_ _0\"></span>Gayet, <span class=\"_ _0\"></span>previo <span class=\"_ _0\"></span>parere <span class=\"_ _0\"></span>favorev<span class=\"_ _0\"></span>ole del <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>omitato <span class=\"_ _d\"></span>Contr<span class=\"_ _0\"></span>ollo <span class=\"_ _d\"></span>Inte<span class=\"_ _0\"></span>rno, <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>valendos<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>suppor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Audirevi <span class=\"_ _d\"></span>Tr<span class=\"_ _0\"></span>ansaction <span class=\"_ _5\"></span>Services S.r.l. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>esperto <span class=\"_ _3\"></span>indipendente <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>rilasci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>parere<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>congruit\u00e0 delle <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dizioni <span class=\"_ _3\"></span>indicate <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>partico<span class=\"_ _0\"></span>lare <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul <span class=\"_ _3\"></span>prezzo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquisto <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> Descamps S.A.<span class=\"_ _0\"></span>S.. L\u2019acquisizione <span class=\"_ _5\"> </span>ri<span class=\"_ _0\"></span>entra <span class=\"_ _5\"></span>tra<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>\u201cbus<span class=\"_ _0\"></span>iness <span class=\"_ _5\"></span>comb<span class=\"_ _0\"></span>inations <span class=\"_ _5\"></span>under<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>common <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontrol\u201d ed \u00e8 esclusa d<span class=\"_ _0\"></span>all\u2019ambito di <span class=\"_ _0\"></span>applicazione ob<span class=\"_ _0\"></span>bligatoria d<span class=\"_ _0\"></span>ell\u2019IFRS 3 \u201c<span class=\"_ _0\"></span>Aggregazion<span class=\"_ _0\"></span>i aziendali\u201d.<span class=\"_ _0\"></span> Si <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>tto <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>riferimento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>agli <span class=\"_ _0\"></span>\u201cOr<span class=\"_ _0\"></span>ientamenti <span class=\"_ _3\"></span>preliminari<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ASS<span class=\"_ _0\"></span>IREVI <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tema <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>- <span class=\"_ _3\"></span>OPI N.1 <span class=\"_ _c\"> </span>(revised)\u201d <span class=\"_ _c\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _c\"> </span>prevedon<span class=\"_ _0\"></span>o <span class=\"_ _c\"> </span>che <span class=\"_ _c\"> </span>le <span class=\"_ _c\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _c\"> </span>e <span class=\"_ _c\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _c\"> </span>del <span class=\"_ _c\"> </span>busines<span class=\"_ _0\"></span>s <span class=\"_ _c\"> </span>oggetto dell\u2019acquisizione <span class=\"_ _1\"> </span>siano <span class=\"_ _f\"> </span>rile<span class=\"_ _0\"></span>vate <span class=\"_ _f\"> </span>dall\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _f\"> </span>ai <span class=\"_ _f\"> </span>valori <span class=\"_ _1\"> </span>contabili <span class=\"_ _f\"> </span>storici <span class=\"_ _f\"> </span>(i<span class=\"_ _0\"></span>n <span class=\"_ _f\"> </span>coe<span class=\"_ _0\"></span>renza <span class=\"_ _f\"> </span>con l\u2019applicazione<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipio <span class=\"_ _f\"> </span>della <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontinuit\u00e0 <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>valori) <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>dif<span class=\"_ _0\"></span>ferenza <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> trasferimento <span class=\"_ _9\"> </span>(corr<span class=\"_ _0\"></span>ispettivo<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>in <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>anaro <span class=\"_ _9\"> </span>pagato)<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>e <span class=\"_ _10\"> </span>i <span class=\"_ _9\"> </span>valori <span class=\"_ _9\"> </span>conta<span class=\"_ _0\"></span>bili <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>torici <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>appresenti un\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>con <span class=\"_ _e\"> </span>soci <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>rilevare <span class=\"_ _e\"> </span>come <span class=\"_ _e\"> </span>una <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontribuzione <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>distribuzi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>patr<span class=\"_ _0\"></span>imonio netto, <span class=\"_ _0\"></span>ci\u00f2 <span class=\"_ _3\"></span>nella <span class=\"_ _0\"></span>circos<span class=\"_ _0\"></span>tanza, <span class=\"_ _0\"></span>qui <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzata, <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019aggregazi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>abbia <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>significativa influenza sui <span class=\"_ _0\"></span>flussi di cas<span class=\"_ _0\"></span>sa futuri delle att<span class=\"_ _0\"></span>ivit\u00e0 nette tr<span class=\"_ _0\"></span>asferite. Conseguentem<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>consolida<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>valori <span class=\"_ _3\"></span>derivanti <span class=\"_ _3\"></span>dall\u2019acqu<span class=\"_ _0\"></span>isizione <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>escamps S.A.S. \u00e8 avven<span class=\"_ _0\"></span>uto come se<span class=\"_ _0\"></span>gue: -<span class=\"ff3\"> <span class=\"_ _e3\"> </span>Pe<span class=\"_ _2\"></span>r <span class=\"_ _5\"></span>quanto <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iguarda <span class=\"_ _5\"> </span>i <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>torici <span class=\"_ _5\"></span>si <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _e\"> </span>fatto <span class=\"_ _5\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>cont<span class=\"_ _0\"></span>abili </span>del <span class=\"_ _b\"> </span>grupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _14\"> </span>S.A.S. <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>31.07.20<span class=\"_ _0\"></span>22 <span class=\"_ _b\"> </span>(sos<span class=\"_ _0\"></span>tanzialm<span class=\"_ _0\"></span>ente <span class=\"_ _14\"> </span>identici <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>elli riferibili <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>efficac<span class=\"_ _0\"></span>ia <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019acquisizion<span class=\"_ _0\"></span>e, <span class=\"_ _d\"></span>cio\u00e8 <span class=\"_ _5\"> </span>al <span class=\"_ _5\"></span>22.07.2022) <span class=\"_ _5\"></span>rivist<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>seco<span class=\"_ _0\"></span>ndo <span class=\"_ _5\"></span>i principi <span class=\"_ _d\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _d\"></span>internazional<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>(IAS/IFRS)<span class=\"_ _0\"></span>. <span class=\"_ _d\"></span>L\u2019adeguamento <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>principi <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>ernazionali<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>portato <span class=\"_ _3\"></span>l\u2019iscrizione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>TFR <span class=\"_ _3\"></span>dipendenti <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>83 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro. Si <span class=\"_ _e\"> </span>se<span class=\"_ _0\"></span>gnala <span class=\"_ _e\"> </span>ch<span class=\"_ _0\"></span>e, <span class=\"_ _f\"> </span>secondo <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>principi <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontabili <span class=\"_ _f\"> </span>francesi <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>T<span class=\"_ _0\"></span>FR <span class=\"_ _f\"> </span>non <span class=\"_ _e\"> </span>ra<span class=\"_ _0\"></span>ppresenta <span class=\"_ _f\"> </span>una voce del passiv<span class=\"_ _0\"></span>o, ma una voc<span class=\"_ _0\"></span>e fuori bilanc<span class=\"_ _0\"></span>io (conto d\u2019o<span class=\"_ _0\"></span>rdine).<span class=\"ff2\"> </span>-<span class=\"ff3\"> <span class=\"_ _e3\"> </span>La <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span>fferenza <span class=\"_ _1\"> </span>negativa <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>prez<span class=\"_ _0\"></span>zo <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>ac<span class=\"_ _0\"></span>quisizione <span class=\"_ _1\"> </span>(4.000 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>Euro) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span>d <span class=\"_ _f\"> </span>i </span>valori <span class=\"_ _3e\"> </span>storic<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>rettificati <span class=\"_ _4\"> </span>del <span class=\"_ _3e\"> </span>grup<span class=\"_ _0\"></span>po <span class=\"_ _3e\"> </span>Desca<span class=\"_ _0\"></span>mps <span class=\"_ _3e\"> </span>S.A.S. <span class=\"_ _4\"> </span>alla <span class=\"_ _3e\"> </span>da<span class=\"_ _0\"></span>ta <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>effica<span class=\"_ _0\"></span>cia dell\u2019acquisizione <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>essa (6.<span class=\"_ _0\"></span>298 mi<span class=\"_ _0\"></span>gliaia di<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>uro) p<span class=\"_ _0\"></span>ari a <span class=\"_ _0\"></span>2.298 <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stata iscritta <span class=\"_ _b\"> </span>ad <span class=\"_ _b\"> </span>increme<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>netto <span class=\"_ _b\"> </span>consoli<span class=\"_ _0\"></span>dato <span class=\"_ _b\"> </span>nella <span class=\"_ _b\"> </span>voce <span class=\"_ _b\"> </span>\u201cr<span class=\"_ _0\"></span>iserva <span class=\"_ _b\"> </span>da consolidament<span class=\"_ _0\"></span>o\u201d. Vengono <span class=\"_ _9\"> </span>presentati <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _8\"> </span>i <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>alori <span class=\"_ _8\"> </span>patrimo<span class=\"_ _0\"></span>niali <span class=\"_ _8\"> </span>del <span class=\"_ _8\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _8\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _8\"> </span>alla <span class=\"_ _9\"> </span>data dell\u2019acquisizione.<span class=\"_ _0\"></span> 31.07.2022<span class=\"_ _117\"> </span>31.07.2022(in migliaia di euro)A<span class=\"_ _2\"></span>ttivo correntePassivo correnteDisponibilit\u00e0 liquide e mezzi equivalenti4.062Debiti correnti verso banche991Crediti commerciali4.490Debiti verso altri finanziatori285Altri crediti 545Debiti comm<span class=\"_ _0\"></span>erciali e altri debiti9.411Crediti per imposte correnti1.667Debiti per imposte correnti2.127Rimanenze5.959Fondi rischi ed oneri 700Totale attivo corrente16.723Totale passivo corrente13.514A<span class=\"_ _2\"></span>ttivo non correntePassivo non correnteImmobil<span class=\"_ _0\"></span>i, impianti e m<span class=\"_ _0\"></span>acchinari141Debiti verso banche 3.009Attivit\u00e0 imm<span class=\"_ _0\"></span>ateriali12.709Debiti verso altri finanziatori206Altri crediti875Fondi rischi ed oneri 1.047Benefici ai dipendenti <span class=\"_ _118\"> </span>383Altri debiti<span class=\"_ _119\"> </span>5.991Totale attivo non corrente13.725Totale passivo non corrente10.636Patrimonio nettoCapitale sociale<span class=\"_ _95\"> </span>3.816Riserve e utili ( perdite) a  nuovo<span class=\"_ _11a\"> </span>998Risultato dell'esercizio<span class=\"_ _11b\"> </span>1.484Totale patrimonio netto del Gruppo<span class=\"_ _11c\"> </span>6.298Capitale e riserve di terziTotale patrimonio netto<span class=\"_ _11d\"> </span>6.298Totale attivo 30.448Totale passivo30.448Le <span class=\"_ _1\"> </span>informazioni <span class=\"_ _1\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _1\"> </span>utilizzate <span class=\"_\"> </span>a<span class=\"_ _2\"></span>i <span class=\"_ _1\"> </span>fini <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>consolida<span class=\"_ _0\"></span>mento <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>quelle <span class=\"_ _1\"> </span>predisp<span class=\"_ _0\"></span>oste dagli organi<span class=\"_ _0\"></span> amministrativi <span class=\"_ _0\"></span>delle singol<span class=\"_ _0\"></span>e societ\u00e0, ap<span class=\"_ _0\"></span>plicando i pr<span class=\"_ _0\"></span>incipi ed <span class=\"_ _0\"></span>i criteri co<span class=\"_ _0\"></span>ntabili del<span class=\"_ _0\"></span> Gruppo.  2. PRINCIPI CONTABILI E CRITERI DI VALUTAZIONE<span class=\"fc5\"> </span>Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>31 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>tato <span class=\"_ _f\"> </span>predisposto <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onformit\u00e0 <span class=\"_ _f\"> </span>ai <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipi contabili <span class=\"_ _3\"></span>inter<span class=\"_ _0\"></span>nazionali <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>messi <span class=\"_ _3\"></span>dallo <span class=\"_ _d\"></span>IASB<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>omologat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dall\u2019Uni<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>Europe<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>ta di <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>hiusura <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _11\"> </span>bilanci<span class=\"_ _0\"></span>o, <span class=\"_ _10\"> </span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _11\"> </span>ai <span class=\"_ _11\"> </span>provv<span class=\"_ _0\"></span>edimenti <span class=\"_ _11\"> </span>emana<span class=\"_ _0\"></span>ti <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>attuazione<span class=\"_ _0\"></span> dell\u2019articolo 9 d<span class=\"_ _0\"></span>el D.lgs 38<span class=\"_ _0\"></span>/2005 e a<span class=\"_ _0\"></span>lle altre norm<span class=\"_ _0\"></span>e di le<span class=\"_ _0\"></span>gge e disposiz<span class=\"_ _0\"></span>ioni Consob<span class=\"_ _0\"></span> in materia di bilancio per qua<span class=\"_ _0\"></span>nto appl<span class=\"_ _0\"></span>icabili. 2.1 Principi contabili Il <span class=\"_ _a\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>nsolidato<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _b\"> </span>dicembre <span class=\"_ _b\"> </span>2022 <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>mparato <span class=\"_ _b\"> </span>con <span class=\"_ _b\"> </span>il <span class=\"_ _b\"> </span>bilancio <span class=\"_ _b\"> </span>consolidato<span class=\"_ _0\"></span> dell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte, <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>cos<span class=\"_ _0\"></span>tituito <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>prospetto <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>situazione <span class=\"_ _a\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _a\"> </span>- finanziaria, <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>prospetto <span class=\"_ _1\"> </span>dell\u2019utile/(perdita) <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cont<span class=\"_ _0\"></span>o economico <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>plessivo <span class=\"_\"> </span>consolidato, <span class=\"_\"> </span>dal <span class=\"_ _1\"> </span>prospetto <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>movimentazioni <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>patri<span class=\"_ _0\"></span>monio netto <span class=\"_ _9\"> </span>consolidato, <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>re<span class=\"_ _0\"></span>ndiconto <span class=\"_ _9\"> </span>finanziario<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _9\"> </span>nonch\u00e9 <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>pre<span class=\"_ _0\"></span>senti <span class=\"_ _9\"> </span>note esplicative. Le <span class=\"_ _3\"></span>note <span class=\"_ _d\"></span>esplicat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>hann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>funzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>illustrar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipi <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>redazione <span class=\"_ _d\"></span>adottat<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>fornire <span class=\"_ _d\"></span>le informazioni <span class=\"_ _3\"></span>richieste <span class=\"_ _3\"></span>dai <span class=\"_ _3\"></span>principi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontabili <span class=\"_ _3\"></span>IFRS, <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>contenute <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>altre <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>bilancio, nonch\u00e8 <span class=\"_ _3\"></span>fornire<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>l\u2019ulteriore <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>esposta <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>pros<span class=\"_ _0\"></span>petti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>\u00e8 necessaria ai fini d<span class=\"_ _0\"></span>i una ra<span class=\"_ _0\"></span>ppresentaz<span class=\"_ _0\"></span>ione attendibil<span class=\"_ _0\"></span>e dell\u2019attivit\u00e0 azi<span class=\"_ _0\"></span>endale. Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>edatto <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ulla <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>pri<span class=\"_ _0\"></span>ncipio <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>cost<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>storico, <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>ecc<span class=\"_ _0\"></span>ezione degli strument<span class=\"_ _0\"></span>i finanziari de<span class=\"_ _0\"></span>rivati la<span class=\"_ _0\"></span> cui valutazione <span class=\"_ _0\"></span>\u00e8 ef<span class=\"_ _0\"></span>fettuata co<span class=\"_ _0\"></span>n il principio <span class=\"_ _0\"></span>del fair va<span class=\"_ _0\"></span>lue, e <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentate <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>titoli <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>optato <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificazione tra <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>valutate <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alue <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mputazione <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economico, <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>nch\u00e9 sul presupposto de<span class=\"_ _0\"></span>lla conti<span class=\"_ _0\"></span>nuit\u00e0 aziendal<span class=\"_ _0\"></span>e.  Continuit\u00e0 aziendale  Il G<span class=\"_ _0\"></span>ruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chius<span class=\"_ _0\"></span>o il <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>irca <span class=\"_ _0\"></span>3,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, un <span class=\"_ _0\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>total<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>positivo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>49,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>comprensivo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>suddett<span class=\"_ _0\"></span>o risultato) <span class=\"_ _f\"> </span>ed <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>posiz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolidat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>egativa <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _e\"> </span>4<span class=\"_ _0\"></span>5,8 <span class=\"_ _f\"> </span>milioni <span class=\"_ _f\"> </span>di Euro, <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>prensiva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>IFRS <span class=\"_ _d\"></span>16 <span class=\"_ _3\"></span>(le<span class=\"_ _0\"></span>ases) <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>36,4 <span class=\"_ _d\"></span>milioni <span class=\"_ _d\"></span>di Euro. La C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chiuso <span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>icembre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di c<span class=\"_ _0\"></span>irca 3,6<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni d<span class=\"_ _0\"></span>i Euro, <span class=\"_\"> </span>un <span class=\"_\"> </span>pa<span class=\"_ _2\"></span>trimoni<span class=\"_ _0\"></span>o <span class=\"_\"> </span>netto <span class=\"_\"> </span>positivo <span class=\"_\"> </span>per <span class=\"_\"> </span>circa <span class=\"_\"> </span>38,2<span class=\"_ _2\"></span> <span class=\"_\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>(comprensivo <span class=\"_\"> </span>di <span class=\"_\"> </span>t<span class=\"_ _2\"></span>ale risultato) <span class=\"_ _8\"> </span>ed <span class=\"_ _8\"> </span>una <span class=\"_ _8\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _8\"> </span>finanzi<span class=\"_ _0\"></span>aria <span class=\"_ _8\"> </span>netta <span class=\"_ _8\"> </span>nega<span class=\"_ _0\"></span>tiva <span class=\"_ _14\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _8\"> </span>34,1 <span class=\"_ _8\"> </span>milioni <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>Euro,<span class=\"_ _0\"></span> comprensiva de<span class=\"_ _0\"></span>i debiti iscri<span class=\"_ _0\"></span>tti in applicazione di<span class=\"_ _0\"></span> IFRS 16 (<span class=\"_ _0\"></span>leases) per 15<span class=\"_ _0\"></span>,5 milioni <span class=\"_ _0\"></span>di Euro.  Il <span class=\"_\"> </span>bilancio <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>stat<span class=\"_ _0\"></span>o <span class=\"_\"> </span>redatto<span class=\"_ _0\"></span> <span class=\"_\"> </span>ponendo <span class=\"_\"> </span>particolar<span class=\"_ _0\"></span>e <span class=\"_\"> </span>attenz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>a <span class=\"_\"> </span>tutti <span class=\"_\"> </span>i <span class=\"_\"> </span>fatt<span class=\"_ _0\"></span>ori <span class=\"_\"> </span>che <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ono influenzare il pres<span class=\"_ _0\"></span>upposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale.  In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>17 <span class=\"_ _3\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2021 <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>sottoscr<span class=\"_ _0\"></span>itto <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>per complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanziamento, <span class=\"_ _6a\"> </span>intera<span class=\"_ _0\"></span>mente <span class=\"_ _6a\"> </span>erogato <span class=\"_ _6a\"> </span>su <span class=\"_ _6a\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _11e\"> </span>corrente<span class=\"_ _0\"></span> <span class=\"_ _11e\"> </span>dedic<span class=\"_ _0\"></span>ato: <span class=\"_ _11e\"> </span>(i)\u00e8 <span class=\"_ _5\"> </span>st<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>ut<span class=\"_ _0\"></span>ilizzato, <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>14,357 <span class=\"_ _e\"> </span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>ine <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>rim<span class=\"_ _0\"></span>borsare <span class=\"_ _e\"> </span>unaquota <span class=\"_ _d\"></span>parte <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019indebita<span class=\"_ _0\"></span>mento <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iario <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>Capogruppo,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _d\"></span>data, <span class=\"_ _5\"></span>con <span class=\"_ _d\"></span>DeA<span class=\"_ _0\"></span> Capital <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lternative <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>unds <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>GR <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _0\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _0\"></span>(ii) <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3,643 milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inter<span class=\"_ _0\"></span>amente <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ilizzata <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>il p<span class=\"_ _0\"></span>agamento <span class=\"_ _3\"></span>di s<span class=\"_ _0\"></span>alari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stipend<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel corso<span class=\"_ _0\"></span> dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _a\"> </span>fina<span class=\"_ _0\"></span>nziamento <span class=\"_ _b\"> </span>prevede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>trimes<span class=\"_ _0\"></span>trali, <span class=\"_ _a\"> </span>compr<span class=\"_ _0\"></span>ensive <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _b\"> </span>mag<span class=\"_ _0\"></span>giorato <span class=\"_ _b\"> </span>del <span class=\"_ _14\"> </span>3,25% <span class=\"_ _b\"> </span>annuo<span class=\"_ _0\"></span>, <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quota <span class=\"_ _14\"> </span>capitale <span class=\"_ _b\"> </span>cos<span class=\"_ _0\"></span>tante <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _b\"> </span>dal <span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1 dicembre <span class=\"_ _f\"> </span>202<span class=\"_ _0\"></span>2 <span class=\"_ _f\"> </span>(incluso) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sino <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>data <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>30 <span class=\"_ _f\"> </span>settembre <span class=\"_ _1\"> </span>2027. <span class=\"_ _f\"> </span>Si segnala <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _b\"> </span>le <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ate <span class=\"_ _a\"> </span>sca<span class=\"_ _0\"></span>dute <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _a\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _a\"> </span>e <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _a\"> </span>marz<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>2023 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _a\"> </span>stat<span class=\"_ _0\"></span>e regolarmente <span class=\"_ _a\"> </span>rimborsate <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>un <span class=\"_\"> </span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _a\"> </span>pari <span class=\"_\"> </span>risp<span class=\"_ _0\"></span>ettivamente <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>1,101 <span class=\"_ _a\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro,<span class=\"_ _0\"></span> comprensivo <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>0,201 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>,236 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>lioni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _d\"></span>compr<span class=\"_ _0\"></span>ensivo <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i 0,236 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>interess<span class=\"_ _0\"></span>i. <span class=\"_ _d\"></span>Al <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>proprie <span class=\"_ _5\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l contratto <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>inanziamento, <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>Capogrupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncesso <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>\u2019ipoteca <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>grado<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>uni immobili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>gno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>taluni <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>finanziamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>altres\u00ec <span class=\"_ _3\"></span>assistito <span class=\"_ _3\"></span>da garanzia <span class=\"_ _14\"> </span>emes<span class=\"_ _0\"></span>sa <span class=\"_ _14\"> </span>da <span class=\"_ _14\"> </span>SA<span class=\"_ _0\"></span>CE <span class=\"_ _14\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _14\"> </span>ai <span class=\"_ _14\"> </span>sens<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>del <span class=\"_ _8\"> </span>Decreto-legge<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>8 <span class=\"_ _14\"> </span>aprile <span class=\"_ _14\"> </span>2<span class=\"_ _0\"></span>020 <span class=\"_ _14\"> </span>n. <span class=\"_ _14\"> </span>23<span class=\"_ _0\"></span> (convertito, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>modificazi<span class=\"_ _0\"></span>oni, <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Legge <span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.<span class=\"_ _0\"></span>U.I. <span class=\"_ _3\"></span>2020/199<span class=\"_ _0\"></span>0/2I; <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 dicembre <span class=\"_ _1\"> </span>2022 <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>ersato <span class=\"_ _1\"> </span>circa <span class=\"_ _1\"> </span>0,132 <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tito<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>spese<span class=\"_ _0\"></span> dovute a SACE <span class=\"_ _0\"></span>S.p.A. com<span class=\"_ _0\"></span>e previsto <span class=\"_ _0\"></span>dal contratto.<span class=\"_ _0\"></span> Il finanziamento pr<span class=\"_ _0\"></span>evede il r<span class=\"_ _0\"></span>ispetto di a<span class=\"_ _0\"></span>lcuni parametr<span class=\"_ _0\"></span>i finanziari:  a) <span class=\"_ _3e\"> </span>LTV <span class=\"_ _d\"></span>- <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>rapporto <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziamento <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _3\"></span>imm<span class=\"_ _0\"></span>obili <span class=\"_ _d\"></span>ipotecati <span class=\"_ _d\"></span>(come <span class=\"_ _d\"></span>da valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>izia), <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>risultato <span class=\"_ _0\"></span>inferiore <span class=\"_ _3\"></span>all\u2019 80% (ottanta per c<span class=\"_ _0\"></span>ento) d<span class=\"_ _0\"></span>egli stessi, com<span class=\"_ _0\"></span>e previsto da<span class=\"_ _0\"></span>l contratto di<span class=\"_ _0\"></span> finanziamento<span class=\"_ _0\"></span>;  b) <span class=\"_ _3e\"> </span>il <span class=\"_ _f\"> </span>rapporto <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _f\"> </span>consolid<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>depurata <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>effetti <span class=\"_ _f\"> </span>di IFRS <span class=\"_ _f\"> </span>16 <span class=\"_ _e\"> </span>\u2013 <span class=\"_ _f\"> </span>leases <span class=\"_ _f\"> </span>sul <span class=\"_ _f\"> </span>debito <span class=\"_ _f\"> </span>finanziario) <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>l\u2019Ebitda <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolida<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>sempre <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>etto degli <span class=\"_\"> </span>effetti <span class=\"_\"> </span>d<span class=\"_ _2\"></span>erivanti <span class=\"_\"> </span>dalla <span class=\"_\"> </span>\u201clea<span class=\"_ _2\"></span>se <span class=\"_\"> </span>accounting\u201d) <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 risultava <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>0,6 <span class=\"_ _b\"> </span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>mpiamente <span class=\"_ _b\"> </span>nel<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>parametri, <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>q<span class=\"_ _0\"></span>uanto<span class=\"_ _0\"></span> inferiore al limite <span class=\"_ _0\"></span>di 2,8 stab<span class=\"_ _0\"></span>ilito dal contrat<span class=\"_ _0\"></span>to di finanziament<span class=\"_ _0\"></span>o;  c) <span class=\"_ _c\"> </span>il <span class=\"_\"> </span>ra<span class=\"_ _0\"></span>pporto <span class=\"_\"> </span>tra <span class=\"_ _a\"> </span>la <span class=\"_\"> </span>posizion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fin<span class=\"_ _0\"></span>anziaria <span class=\"_ _a\"> </span>netta <span class=\"_\"> </span>consolidata <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>atrimonio <span class=\"_ _a\"> </span>netto consolidato <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>dic<span class=\"_ _0\"></span>embre <span class=\"_ _d\"></span>2022 <span class=\"_ _d\"></span>risultav<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>0,2 <span class=\"_ _d\"></span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>petto dei parametri<span class=\"_ _0\"></span>, in quanto inf<span class=\"_ _0\"></span>eriore allo 0,9 s<span class=\"_ _0\"></span>tabilito d<span class=\"_ _0\"></span>al contratto d<span class=\"_ _0\"></span>i finanziamento<span class=\"_ _0\"></span>. Con <span class=\"_ _b\"> </span>l\u2019ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>svilupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _b\"> </span>ch<span class=\"_ _0\"></span>e, <span class=\"_ _b\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>data <span class=\"_ _b\"> </span>22 <span class=\"_ _14\"> </span>lugl<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _b\"> </span>la Capogruppo <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>acquisito<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>l\u2019intero <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>sociale <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _a\"> </span>(indirettam<span class=\"_ _0\"></span>ente controllata <span class=\"_ _e\"> </span>da <span class=\"_ _d\"></span>As<span class=\"_ _0\"></span>trance <span class=\"_ _e\"> </span>Capital <span class=\"_ _5\"></span>S.A.<span class=\"_ _0\"></span>S.), <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>4 <span class=\"_ _5\"> </span>mil<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _5\"></span>creando cos\u00ec una delle pr<span class=\"_ _0\"></span>incipali rea<span class=\"_ _0\"></span>lt\u00e0 europee nel<span class=\"_ _0\"></span> settore de<span class=\"_ _0\"></span>i tessili per <span class=\"_ _0\"></span>la casa.  L\u2019acquisizione <span class=\"_ _f\"> </span>costituisc<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>part<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>ragione <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>circostanza<span class=\"_ _0\"></span> che <span class=\"_ _3e\"> </span>Descamps <span class=\"_ _3e\"> </span>S.A.S. <span class=\"_ _3e\"> </span>er<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>controllata <span class=\"_ _3e\"> </span>indirett<span class=\"_ _0\"></span>amente <span class=\"_ _3e\"> </span>da <span class=\"_ _3e\"> </span>Astr<span class=\"_ _0\"></span>ance <span class=\"_ _3e\"> </span>Capital <span class=\"_ _3e\"> </span>S.A.S.,<span class=\"_ _0\"></span> integralmente <span class=\"_ _11\"> </span>par<span class=\"_ _0\"></span>tecipata <span class=\"_ _11\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>amministrat<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>J<span class=\"_ _0\"></span>oel <span class=\"_ _10\"> </span>D<span class=\"_ _0\"></span>avid <span class=\"_ _11\"> </span>Ben<span class=\"_ _0\"></span>ilouche <span class=\"_ _11\"> </span>(Pres<span class=\"_ _0\"></span>idente <span class=\"_ _11\"> </span>e Amministratore<span class=\"_ _0\"></span> Delegato d<span class=\"_ _0\"></span>ella Societ\u00e0) e F<span class=\"_ _0\"></span>lorian Gay<span class=\"_ _0\"></span>et (amministr<span class=\"_ _0\"></span>atore della So<span class=\"_ _0\"></span>ciet\u00e0).<span class=\"_ _0\"></span> Conformemente <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quanto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>previsto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _a\"> </span>Rego<span class=\"_ _0\"></span>lamento <span class=\"_ _b\"> </span>OPC <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>dalla <span class=\"_ _a\"> </span>\u201c<span class=\"_ _0\"></span>Procedur<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>le operazioni <span class=\"_ _3e\"> </span>con <span class=\"_ _3e\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>correlate\u201d <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Capogrupp<span class=\"_ _0\"></span>o, <span class=\"_ _3e\"> </span>l\u2019operazione <span class=\"_ _3e\"> </span>\u00e8 <span class=\"_ _3e\"> </span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>approvata all\u2019unanimit\u00e0 <span class=\"_ _3e\"> </span>dal <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>A<span class=\"_ _0\"></span>mministrazione <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Vincenzo <span class=\"_ _3e\"> </span>Zucchi <span class=\"_ _3e\"> </span>S.p.A., <span class=\"_ _13\"> </span>c<span class=\"_ _0\"></span>on l\u2019astensione <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>onsiglieri <span class=\"_ _0\"></span>Joel <span class=\"_ _0\"></span>David <span class=\"_ _0\"></span>Benilouc<span class=\"_ _0\"></span>he e F<span class=\"_ _0\"></span>lorian <span class=\"_ _0\"></span>Gayet, <span class=\"_ _0\"></span>previo <span class=\"_ _0\"></span>parere <span class=\"_ _0\"></span>favorev<span class=\"_ _0\"></span>ole del <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>omitato <span class=\"_ _d\"></span>Contr<span class=\"_ _0\"></span>ollo <span class=\"_ _d\"></span>Inte<span class=\"_ _0\"></span>rno, <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>valendos<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>suppor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Audirevi <span class=\"_ _d\"></span>Tr<span class=\"_ _0\"></span>ansaction <span class=\"_ _5\"></span>Services S.r.l. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>esperto <span class=\"_ _3\"></span>indipendente <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>rilasci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>parere<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>congruit\u00e0 delle <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dizioni <span class=\"_ _3\"></span>indicate <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>partico<span class=\"_ _0\"></span>lare <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul <span class=\"_ _3\"></span>prezzo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquisto <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> Descamps S.A.<span class=\"_ _0\"></span>S.. Nell\u2019esercizio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>iniziata <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>ova <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>biancher<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>asa <span class=\"_ _3\"></span>nei <span class=\"_ _d\"></span>negozi<span class=\"_ _0\"></span> della <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trollata <span class=\"_ _d\"></span>Zuckids <span class=\"_ _d\"></span>S.r.l. <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _d\"></span>dell\u2019opera <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>riconversione <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>stessi <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>vend<span class=\"_ _0\"></span>ita di abbigliam<span class=\"_ _0\"></span>ento per <span class=\"_ _0\"></span>bambini a<span class=\"_ _0\"></span> negozi<span class=\"_ _0\"></span> di vendita<span class=\"_ _0\"></span> biancheria p<span class=\"_ _0\"></span>er la c<span class=\"_ _0\"></span>asa. I<span class=\"_ _0\"></span> negozi Z<span class=\"_ _0\"></span>uckids in<span class=\"_ _0\"></span> Italia <span class=\"_ _e\"> </span>vendono <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>prodotti <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>tto <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>insegna <span class=\"_ _e\"> </span>\u201cBassett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Home <span class=\"_ _e\"> </span>Innovation\u201d,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>marc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>propriet\u00e0 della <span class=\"_ _5\"></span>Vincenzo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A., <span class=\"_ _5\"> </span>mentre <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _5\"> </span>ubica<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Francia <span class=\"_ _5\"> </span>eserc<span class=\"_ _0\"></span>itano <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _5\"></span>sotto l\u2019insegna Des<span class=\"_ _0\"></span>camps. Inoltre, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>entrata <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno <span class=\"_ _e\"> </span>regi<span class=\"_ _0\"></span>me <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _e\"> </span>Basi<span class=\"_ _0\"></span>talia <span class=\"_ _e\"> </span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>legata <span class=\"_ _e\"> </span>all\u2019home<span class=\"_ _0\"></span> decor <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>alla <span class=\"_ _a\"> </span>rinnovazion<span class=\"_ _0\"></span>e, <span class=\"_\"> </span>iniziat<span class=\"_ _0\"></span>a <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>ll\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_\"> </span>p<span class=\"_ _0\"></span>recedente, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>rtato <span class=\"_\"> </span>un<span class=\"_ _0\"></span>a sostanziale <span class=\"_ _0\"></span>modifica nell\u2019att<span class=\"_ _0\"></span>ivit\u00e0 della societ<span class=\"_ _0\"></span>\u00e0. Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1,15<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evedeva <span class=\"_ _0\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>decorrere <span class=\"_ _3\"></span>dalla dat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>del 30 giugn<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>021 ca<span class=\"_ _0\"></span>lcolati <span class=\"_ _0\"></span>ad un<span class=\"_ _0\"></span> tass<span class=\"_ _0\"></span>o par<span class=\"_ _0\"></span>i a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span> punti <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e per <span class=\"_ _0\"></span>anno, <span class=\"_ _0\"></span>sulla <span class=\"_ _0\"></span>base <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>anno<span class=\"_ _0\"></span> di 365 giorni, <span class=\"_ _0\"></span>per il numero <span class=\"_ _0\"></span>effettivo di g<span class=\"_ _0\"></span>iorni trascorsi. <span class=\"_ _0\"></span> Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1,2 <span class=\"_ _0\"></span>milioni di Euro<span class=\"_ _0\"></span>. In <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>23 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _d\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _5\"></span>ha <span class=\"_ _5\"></span>ceduto <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019intero <span class=\"_ _5\"></span>comples<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>industriale <span class=\"_ _5\"></span>sit<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>in<span class=\"_ _0\"></span> Notaresco <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>3 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>zialmente <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>linea <span class=\"_ _3\"></span>col <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>dell\u2019area<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>21 <span class=\"_ _f\"> </span>otte<span class=\"_ _0\"></span>nuto <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>terz<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>indi<span class=\"_ _0\"></span>pendente.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>generato <span class=\"_ _1\"> </span>una minusvalenza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>154 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019ulteriore <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>erdita <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>150 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>ta ad <span class=\"_ _10\"> </span>u<span class=\"_ _0\"></span>n\u2019indennit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isarcitori<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>avore <span class=\"_ _11\"> </span>dell\u2019ac<span class=\"_ _0\"></span>quirente <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>prevista <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>a<span class=\"_ _0\"></span>lcune <span class=\"_ _13\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> Si <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>noltre <span class=\"_ _f\"> </span>che, <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>sostegno <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>esigenze <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>posto <span class=\"_ _e\"> </span>in essere <span class=\"_ _0\"></span>operazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cessio<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>venute <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condiz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>pro <span class=\"_ _0\"></span>soluto<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> crediti, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>circa <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>eliminati <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>bilanci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o dal <span class=\"_ _3\"></span>Fac<span class=\"_ _0\"></span>tor, <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>netto <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>si <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>circa <span class=\"_ _d\"></span>486 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>tra <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide. L\u2019aggravarsi <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>situazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>usata <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>guerra <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>Russia <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>Ucraina <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le tensioni <span class=\"_ _9\"> </span>internaziona<span class=\"_ _0\"></span>li <span class=\"_ _8\"> </span>che <span class=\"_ _9\"> </span>ne <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>derivate <span class=\"_ _9\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _8\"> </span>acuito <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>crisi <span class=\"_ _9\"> </span>energe<span class=\"_ _0\"></span>tica <span class=\"_ _8\"> </span>e<span class=\"_ _0\"></span>d <span class=\"_ _8\"> </span>il conseguente<span class=\"_ _0\"></span> rallentam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>della c<span class=\"_ _0\"></span>rescita. I<span class=\"_ _0\"></span>l rit<span class=\"_ _0\"></span>orno all\u2019<span class=\"_ _0\"></span>instabilit\u00e0 <span class=\"_ _0\"></span>dovuta<span class=\"_ _0\"></span> al c<span class=\"_ _0\"></span>onflitto <span class=\"_ _0\"></span>tuttora <span class=\"_ _0\"></span>in corso non <span class=\"_ _0\"></span>permette d<span class=\"_ _0\"></span>i prev<span class=\"_ _0\"></span>edere quant<span class=\"_ _0\"></span>o durer<span class=\"_ _0\"></span>anno gli<span class=\"_ _0\"></span> impatti <span class=\"_ _0\"></span>sulla fre<span class=\"_ _0\"></span>nata de<span class=\"_ _0\"></span>ll\u2019economia. I<span class=\"_ _0\"></span>l Gruppo <span class=\"_ _5\"></span>osserva <span class=\"_ _5\"> </span>con <span class=\"_ _5\"> </span>estrema <span class=\"_ _5\"> </span>atte<span class=\"_ _0\"></span>nzione <span class=\"_ _5\"></span>l\u2019evoluzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>crisi <span class=\"_ _5\"></span>anche <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019impatto <span class=\"_ _5\"></span>dirett<span class=\"_ _0\"></span>o sullo <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>circoscritto,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>aven<span class=\"_ _0\"></span>do <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>presenza <span class=\"_ _5\"></span>produtt<span class=\"_ _0\"></span>iva <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>quell\u2019area <span class=\"_ _5\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>essend<span class=\"_ _0\"></span>o limitata l\u2019espos<span class=\"_ _0\"></span>izione ai cli<span class=\"_ _0\"></span>enti della regi<span class=\"_ _0\"></span>one.  Alla <span class=\"_\"> </span>luce <span class=\"_\"> </span>dei <span class=\"_\"> </span>p<span class=\"_ _2\"></span>ositivi <span class=\"_\"> </span>eventi <span class=\"_\"> </span>che <span class=\"_\"> </span>hanno <span class=\"_\"> </span>sancito <span class=\"_\"> </span>il <span class=\"_\"> </span>riequilibrio <span class=\"_\"> </span>finanziario <span class=\"_\"> </span>del <span class=\"_\"> </span>Gruppo, <span class=\"_\"> </span>in considerazion<span class=\"_ _0\"></span>e delle <span class=\"_ _0\"></span>previsioni c<span class=\"_ _0\"></span>ontenute <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>2023 <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>fronte <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>buone <span class=\"_ _0\"></span>risultanze ottenute <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>impatt<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>derivanti <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>pande<span class=\"_ _0\"></span>mia <span class=\"_ _d\"></span>prima <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>conflitto <span class=\"_ _d\"></span>ucraino<span class=\"_ _0\"></span> poi, <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"></span>amministr<span class=\"_ _0\"></span>atori <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>ritengono <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>disporre <span class=\"_ _5\"></span>delle <span class=\"_ _e\"> </span>risorse <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iarie, <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i management <span class=\"_ _10\"> </span>e <span class=\"_ _9\"> </span>organ<span class=\"_ _0\"></span>izzative <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _9\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>necess<span class=\"_ _0\"></span>arie <span class=\"_ _9\"> </span>per <span class=\"_ _10\"> </span>continuare <span class=\"_ _10\"> </span>ad <span class=\"_ _9\"> </span>a<span class=\"_ _0\"></span>dottare <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> presupposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale nella r<span class=\"_ _0\"></span>edazione del<span class=\"_ _0\"></span> bilancio. 3. PRINCIPI DI CONSOLIDAMENTO E CRITERI DI VALUTAZIONE Il <span class=\"_ _d\"></span>bilancio <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onsolidato<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>include <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>della <span class=\"_ _5\"></span>Societ\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>delle <span class=\"_ _5\"></span>imprese <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e (le <span class=\"_ _f\"> </span>contr<span class=\"_ _0\"></span>ollate <span class=\"_ _1\"> </span>\u2013 <span class=\"_ _1\"> </span>l\u2019elenco <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>quali <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>Nota <span class=\"_ _1\"> </span>45) <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>edatti <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _f\"> </span>an<span class=\"_ _0\"></span>no modificati, ove n<span class=\"_ _0\"></span>ecessario, <span class=\"_ _0\"></span>per uniformarl<span class=\"_ _0\"></span>i ai principi adottat<span class=\"_ _0\"></span>i dal Grupp<span class=\"_ _0\"></span>o.  Il <span class=\"_ _1\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>control<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>un\u2019impresa <span class=\"_ _1\"> </span>quando <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>poter<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>determinare <span class=\"_ _1\"> </span>le <span class=\"_\"> </span>politiche finanziarie <span class=\"_ _3e\"> </span>e <span class=\"_ _13\"> </span>operat<span class=\"_ _0\"></span>ive <span class=\"_ _13\"> </span>dell<span class=\"_ _0\"></span>\u2019impresa <span class=\"_ _3e\"> </span>oggetto <span class=\"_ _13\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>in<span class=\"_ _0\"></span>vestimento <span class=\"_ _3e\"> </span>in <span class=\"_ _13\"> </span>modo <span class=\"_ _3e\"> </span>da <span class=\"_ _13\"> </span>inci<span class=\"_ _0\"></span>dere sull\u2019ammontare <span class=\"_ _a\"> </span>dei <span class=\"_\"> </span>benefici <span class=\"_\"> </span>attesi <span class=\"_\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>sua <span class=\"_\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>(esposizione <span class=\"_ _a\"> </span>o <span class=\"_\"> </span>diritti <span class=\"_\"> </span>ai <span class=\"_\"> </span>rendimenti<span class=\"_ _0\"></span> variabili). <span class=\"_\"> </span>Generalmente <span class=\"_ _1\"> </span>v<span class=\"_ _0\"></span>i <span class=\"_\"> </span>\u00e8<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>presunzione <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _1\"> </span>contr<span class=\"_ _0\"></span>ollo <span class=\"_\"> </span>q<span class=\"_ _2\"></span>uando <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>Gruppo <span class=\"_\"> </span>detiene <span class=\"_ _1\"> </span>la maggioranza d<span class=\"_ _0\"></span>ei diritti di voto, ev<span class=\"_ _0\"></span>entualment<span class=\"_ _0\"></span>e tenendo c<span class=\"_ _0\"></span>onto dei dir<span class=\"_ _0\"></span>itti di voto potenz<span class=\"_ _0\"></span>iali. 3.1  Principi di consolidamento Controllate<span class=\"_ _0\"></span> I <span class=\"_ _f\"> </span>risultati <span class=\"_ _f\"> </span>economici <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>imprese <span class=\"_ _f\"> </span>control<span class=\"_ _0\"></span>late <span class=\"_ _f\"> </span>acquisite <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>cedu<span class=\"_ _0\"></span>te <span class=\"_ _f\"> </span>nel <span class=\"_ _f\"> </span>corso <span class=\"_ _f\"> </span>dell\u2019esercizio sono <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nclusi <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ospetto <span class=\"_ _3\"></span>dell\u2019utile/(p<span class=\"_ _0\"></span>erdita) <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>conto economico <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>omplessivo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>consoli<span class=\"_ _0\"></span>dato <span class=\"_ _3\"></span>dall\u2019<span class=\"_ _0\"></span>effettiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>acquisiz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>fino <span class=\"_ _d\"></span>all\u2019effe<span class=\"_ _0\"></span>ttiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> di cessione. Il <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabile <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>pa<span class=\"_ _0\"></span>rtecipazioni <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>eliminato <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntro <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>rel<span class=\"_ _0\"></span>ativi patrimoni <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>tti <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>front<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>dell\u2019assunz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _f\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>passivit\u00e0 <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>stesse <span class=\"_ _1\"> </span>secondo <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> metodo <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>integrazi<span class=\"_ _0\"></span>one <span class=\"_ _3e\"> </span>globa<span class=\"_ _0\"></span>le. <span class=\"_ _3e\"> </span>La <span class=\"_ _3e\"> </span>differenza<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>tra <span class=\"_ _3e\"> </span>il <span class=\"_ _3e\"> </span>prezzo <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>acquis<span class=\"_ _0\"></span>to <span class=\"_ _3e\"> </span>della partecipazione <span class=\"_\"> </span>ed <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>patrimonio <span class=\"_\"> </span>netto <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ontabile <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _1\"> </span>cui <span class=\"_\"> </span>l\u2019impresa <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>inc<span class=\"_ _0\"></span>lusa <span class=\"_ _1\"> </span>n<span class=\"_ _0\"></span>el consolidament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputat<span class=\"_ _0\"></span>a, <span class=\"_ _f\"> </span>nei <span class=\"_ _f\"> </span>limiti <span class=\"_ _f\"> </span>attribuibili, <span class=\"_ _f\"> </span>agli <span class=\"_ _f\"> </span>elementi <span class=\"_ _f\"> </span>dell\u2019attivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>passivo <span class=\"_ _f\"> </span>e delle <span class=\"_ _8\"> </span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _9\"> </span>pote<span class=\"_ _0\"></span>nziali <span class=\"_ _9\"> </span>dell\u2019impresa <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>onsolidata.<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>L\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _9\"> </span>differenz<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>residu<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>e positiva \u00e8 attri<span class=\"_ _0\"></span>buita alla voc<span class=\"_ _0\"></span>e avviament<span class=\"_ _0\"></span>o, se negativa <span class=\"_ _0\"></span>viene imputata <span class=\"_ _0\"></span>al conto ec<span class=\"_ _0\"></span>onomico.<span class=\"_ _0\"></span> Tutte <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>perazioni <span class=\"_ _1\"> </span>signific<span class=\"_ _0\"></span>ative <span class=\"_ _1\"> </span>intercorse <span class=\"_ _1\"> </span>(costi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>ricavi) <span class=\"_ _1\"> </span>fra <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>societ\u00e0 <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>i relativi <span class=\"_ _3\"></span>sa<span class=\"_ _0\"></span>ldi <span class=\"_ _3\"></span>(cred<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>biti) <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>eliminat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>proc<span class=\"_ _0\"></span>esso <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>consolidam<span class=\"_ _0\"></span>ento, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>os\u00ec <span class=\"_ _3\"></span>come <span class=\"_ _d\"></span>gli utili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>real<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>tali <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nsazioni; <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>eliminat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> cui esse rappres<span class=\"_ _0\"></span>entino un <span class=\"_ _0\"></span>effettivo minor<span class=\"_ _0\"></span> valore del<span class=\"_ _0\"></span> bene.  Sono integralment<span class=\"_ _0\"></span>e elimina<span class=\"_ _0\"></span>ti i dividendi distr<span class=\"_ _0\"></span>ibuiti ne<span class=\"_ _0\"></span>ll\u2019ambito del grupp<span class=\"_ _0\"></span>o. La <span class=\"_ _d\"></span>quot<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interessenz<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _d\"></span>az<span class=\"_ _0\"></span>ionisti <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>mi<span class=\"_ _0\"></span>noranza <span class=\"_ _5\"></span>(partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>terz<span class=\"_ _0\"></span>i) <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 nette <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>olidate <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>identificata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>separatamente <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _3\"></span>netto di <span class=\"_ _f\"> </span>Gruppo; <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>quota <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>ter<span class=\"_ _0\"></span>zi <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>risulta<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>d\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>ev<span class=\"_ _0\"></span>idenziata separatamente <span class=\"_ _b\"> </span>nel <span class=\"_ _a\"> </span>pros<span class=\"_ _0\"></span>petto <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile/(perdita) <span class=\"_ _b\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>ltre <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>nenti <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompless<span class=\"_ _0\"></span>ivo <span class=\"_ _e\"> </span>consolidato.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Tal<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>inte<span class=\"_ _0\"></span>ressenza <span class=\"_ _f\"> </span>viene <span class=\"_ _e\"> </span>deter<span class=\"_ _0\"></span>minata <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bas<span class=\"_ _0\"></span>e alla <span class=\"_ _5\"> </span>percen<span class=\"_ _0\"></span>tuale <span class=\"_ _e\"> </span>da <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>detenuta <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>ei <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _e\"> </span>value <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _e\"> </span>iscritte <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data<span class=\"_ _0\"></span> dell\u2019acquisizione <span class=\"_ _3e\"> </span>ori<span class=\"_ _0\"></span>ginaria <span class=\"_ _3e\"> </span>e <span class=\"_ _3e\"> </span>nelle <span class=\"_ _3e\"> </span>variazioni <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _3e\"> </span>netto <span class=\"_ _3e\"> </span>dopo <span class=\"_ _3e\"> </span>tale <span class=\"_ _3e\"> </span>data.<span class=\"_ _0\"></span> Successivame<span class=\"_ _0\"></span>nte <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attribuibili <span class=\"_ _e\"> </span>agli<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>azionisti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>minoranza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>(partecipazioni <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>terzi) eccedenti <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>loro <span class=\"_ _3\"></span>spettanza <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tribuite <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Gruppo ad <span class=\"_ _f\"> </span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>casi <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>cui <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>inoranze <span class=\"_ _1\"> </span>hanno <span class=\"_ _1\"> </span>un\u2019obbligazione <span class=\"_ _1\"> </span>vincolante <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>in grado di fornire u<span class=\"_ _0\"></span>lteriori inv<span class=\"_ _0\"></span>estimenti per c<span class=\"_ _0\"></span>oprire le <span class=\"_ _0\"></span>perdite.<span class=\"_ _0\"></span> I <span class=\"_\"> </span>bilanci <span class=\"_\"> </span>separati <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>cias<span class=\"_ _0\"></span>cuna <span class=\"_\"> </span>societ\u00e0 <span class=\"_\"> </span>appartenente<span class=\"_ _0\"></span> <span class=\"_\"> </span>al <span class=\"_ _1\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_\"> </span>vengono <span class=\"_\"> </span>preparati <span class=\"_\"> </span>nella valuta <span class=\"_ _f\"> </span>dell\u2019ambient<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _f\"> </span>primari<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _f\"> </span>essa <span class=\"_ _f\"> </span>oper<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>(valuta <span class=\"_ _f\"> </span>fu<span class=\"_ _0\"></span>nzionale),<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>come <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> seguito indicato:<span class=\"_ _0\"></span> ValutaMascioni USA Inc.USDBassetti S<span class=\"_ _0\"></span>chweiz A.G.CHFNella <span class=\"_ _3\"></span>preparaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>bila<span class=\"_ _0\"></span>nci <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>singo<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>entit\u00e0, <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>operazion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>valute <span class=\"_ _3\"></span>diver<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>dall\u2019Euro sono inizialmen<span class=\"_ _0\"></span>te rilevate ai c<span class=\"_ _0\"></span>ambi alle date <span class=\"_ _0\"></span>delle stesse.<span class=\"_ _0\"></span> Ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"> </span>della <span class=\"_ _5\"> </span>pres<span class=\"_ _0\"></span>entazione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>bilancio <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>onsolidato, <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _5\"></span>imprese controllate <span class=\"_ _3\"></span>est<span class=\"_ _0\"></span>ere, <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>cui <span class=\"_ _d\"></span>valute <span class=\"_ _d\"></span>funziona<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iverse <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>all\u2019Euro, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>conv<span class=\"_ _0\"></span>ertite <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>cambi<span class=\"_ _0\"></span> correnti <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>bi<span class=\"_ _0\"></span>lancio, <span class=\"_ _d\"></span>mentre <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>oro <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economic<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>convertito <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>bio <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>edio dell\u2019esercizio, <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>itenuto <span class=\"_ _e\"> </span>rappr<span class=\"_ _0\"></span>esentativo <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>ai <span class=\"_ _e\"> </span>q<span class=\"_ _0\"></span>uali <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _f\"> </span>effettuate <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>relative operazioni. <span class=\"_ _5\"> </span>Le <span class=\"_ _e\"> </span>differenze <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ambio <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>mergenti <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>oce <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>pat<span class=\"_ _0\"></span>rimonio <span class=\"_ _e\"> </span>netto Riserva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>traduzione<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>Tale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rilevata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _3\"></span>provento <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome onere nel period<span class=\"_ _0\"></span>o in cui la relat<span class=\"_ _0\"></span>iva impresa<span class=\"_ _0\"></span> controllata \u00e8 cedut<span class=\"_ _0\"></span>a. Nell\u2019area <span class=\"_ _c\"> </span>di <span class=\"_ _c\"> </span>consolidame<span class=\"_ _0\"></span>nto <span class=\"_ _c\"> </span>non <span class=\"_ _4\"> </span>vi <span class=\"_ _c\"> </span>sono <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>prese <span class=\"_ _c\"> </span>controllate <span class=\"_ _c\"> </span>e/o<span class=\"_ _0\"></span> <span class=\"_ _4\"> </span>c<span class=\"_ _0\"></span>ollegate <span class=\"_ _c\"> </span>che appartengono <span class=\"_ _0\"></span>a Paesi ad e<span class=\"_ _0\"></span>conomia iperinf<span class=\"_ _0\"></span>lazionata.<span class=\"_ _0\"></span> L\u2019avviamento <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>le <span class=\"_ _5\"> </span>altre <span class=\"_ _5\"></span>rettifich<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>esporre <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lue <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>ntit\u00e0 acquisite <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>rilevati <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>passivit\u00e0 <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0. <span class=\"_ _e\"> </span>Nel <span class=\"_ _e\"> </span>caso <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _e\"> </span>estere acquisite sono c<span class=\"_ _0\"></span>onvertiti al <span class=\"_ _0\"></span>cambio d<span class=\"_ _0\"></span>i fine anno. I <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>applicati <span class=\"_ _e\"> </span>nella <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span>versione <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>bilanci <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>societ\u00e0 <span class=\"_ _e\"> </span>estere <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>paesi <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>adere<span class=\"_ _0\"></span>nti all\u2019Euro sono i s<span class=\"_ _0\"></span>eguenti:  2021<span class=\"_ _11f\"></span>2022medioal 31/12medioal 31/12Franco s<span class=\"_ _0\"></span>vizzero1,00170,98471,07991,0331Dollaro U.S.<span class=\"_ _0\"></span>A1,05001,06661,18161,1326Si <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>iporta <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>principio <span class=\"_\"> </span>per <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>contabilizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>aggregazi<span class=\"_ _0\"></span>oni <span class=\"_ _1\"> </span>aziendali <span class=\"_ _1\"> </span>in<span class=\"_ _0\"></span> conformit\u00e0 al<span class=\"_ _0\"></span>l\u2019IFRS 3 (rivist<span class=\"_ _0\"></span>o nel 2020)<span class=\"_ _0\"></span> Le <span class=\"_ _d\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>aggregazione <span class=\"_ _5\"></span>aziendale <span class=\"_ _5\"></span>(business<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>combination) <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>rilevate <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>accordo con <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019IFRS <span class=\"_ _3\"></span>3- <span class=\"_ _0\"></span>\u2018<span class=\"_ _0\"></span>Aggregazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>iendali\u2019, <span class=\"_ _3\"></span>applicando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osiddetto <span class=\"_ _3\"></span>acquisition <span class=\"_ _3\"></span>method<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>costo di <span class=\"_ _3\"></span>un\u2019acquisizione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>determinato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>somma <span class=\"_ _3\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrispettivi <span class=\"_ _3\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>un\u2019ag<span class=\"_ _0\"></span>gregazione aziendale, <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value, <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>acqu<span class=\"_ _0\"></span>isizione <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>ll\u2019ammontare <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l patrimonio <span class=\"_ _f\"> </span>nett<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>pertinenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>terzi, <span class=\"_ _f\"> </span>valutato <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>valore <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>o-quota <span class=\"_ _f\"> </span>delle attivit\u00e0 <span class=\"_\"> </span>nette <span class=\"_ _a\"> </span>riconosciute <span class=\"_ _a\"> </span>pe<span class=\"_ _2\"></span>r <span class=\"_\"> </span>l\u2019impres<span class=\"_ _0\"></span>a <span class=\"_\"> </span>acquist<span class=\"_ _0\"></span>ata. <span class=\"_ _a\"> </span>Nel <span class=\"_\"> </span>caso <span class=\"_\"> </span>di <span class=\"_\"> </span>aggreg<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>az<span class=\"_ _0\"></span>iendali avvenute <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>fasi<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>artecipazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>edentem<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>Soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>nell\u2019impres<span class=\"_ _0\"></span>a acquisita <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ivalutata <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di ac<span class=\"_ _0\"></span>quisizione <span class=\"_ _3\"></span>del c<span class=\"_ _0\"></span>ontrollo <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l\u2019eventuale <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>o perdita <span class=\"_ _a\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>ne <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onsegue <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ilevata <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>conto <span class=\"_ _a\"> </span>ec<span class=\"_ _0\"></span>onomico. <span class=\"_ _b\"> </span>I <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>ettivi <span class=\"_ _a\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _b\"> </span>a condizione <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>fair <span class=\"_ _14\"> </span>value <span class=\"_ _14\"> </span>alla <span class=\"_ _14\"> </span>data <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>acquisizione <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>sono <span class=\"_ _14\"> </span>inclusi <span class=\"_ _14\"> </span>tra <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span> corrispettivi <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _d\"></span>della <span class=\"_ _5\"></span>determinazione <span class=\"_ _5\"></span>dell\u2019avv<span class=\"_ _0\"></span>iamento. <span class=\"_ _d\"></span>Le <span class=\"_ _d\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>uccessive del <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>corrisp<span class=\"_ _0\"></span>ettivo <span class=\"_ _f\"> </span>sottopos<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>condizione, <span class=\"_ _f\"> </span>os<span class=\"_ _0\"></span>sia <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>amm<span class=\"_ _0\"></span>ontare <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>cui<span class=\"_ _0\"></span> erogazione <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ipendent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>eventi <span class=\"_ _d\"></span>futuri, <span class=\"_ _d\"></span>classif<span class=\"_ _0\"></span>icato <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _3\"></span>strum<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nanziar<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> rilevate <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>conto <span class=\"_ _a\"> </span>econ<span class=\"_ _0\"></span>omico <span class=\"_ _a\"> </span>o <span class=\"_ _a\"> </span>patrimonio <span class=\"_ _a\"> </span>netto <span class=\"_ _a\"> </span>nell\u2019am<span class=\"_ _0\"></span>bito <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>altre <span class=\"_ _a\"> </span>comp<span class=\"_ _0\"></span>onenti <span class=\"_ _a\"> </span>del risultato <span class=\"_ _9\"> </span>comples<span class=\"_ _0\"></span>sivo. <span class=\"_ _9\"> </span>I <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>orrispett<span class=\"_ _0\"></span>ivi <span class=\"_ _9\"> </span>sottopos<span class=\"_ _0\"></span>ti <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>cond<span class=\"_ _0\"></span>izione <span class=\"_ _9\"> </span>che <span class=\"_ _10\"> </span>non <span class=\"_ _9\"> </span>rappres<span class=\"_ _0\"></span>entano strumenti <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _3\"></span>regolati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>principio <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>9-<span class=\"_ _0\"></span>\u2018Strument<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>ari\u2019 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>valutati <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>e allo <span class=\"_\"> </span>sp<span class=\"_ _0\"></span>ecifico <span class=\"_ _a\"> </span>I<span class=\"_ _2\"></span>FRS/I<span class=\"_ _0\"></span>AS <span class=\"_\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_\"> </span>riferi<span class=\"_ _0\"></span>mento. <span class=\"_ _a\"> </span>I <span class=\"_\"> </span>corrispett<span class=\"_ _0\"></span>ivi <span class=\"_\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>condizione <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o classificati <span class=\"_ _8\"> </span>come <span class=\"_ _8\"> </span>stru<span class=\"_ _0\"></span>mento <span class=\"_ _8\"> </span>di <span class=\"_ _14\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _8\"> </span>non <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>rimisurat<span class=\"_ _0\"></span>i, <span class=\"_ _14\"> </span>e, <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>nseguente<span class=\"_ _0\"></span>mente <span class=\"_ _8\"> </span>il regolamento<span class=\"_ _0\"></span> <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _a\"> </span>n<span class=\"_ _2\"></span>ell\u2019ambito <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>p<span class=\"_ _0\"></span>atrimonio <span class=\"_ _a\"> </span>netto. <span class=\"_\"> </span>Gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>on<span class=\"_ _0\"></span>eri <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>cessori <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span>lla transazione son<span class=\"_ _0\"></span>o rilevati a <span class=\"_ _0\"></span>conto economico <span class=\"_ _0\"></span>nel momento <span class=\"_ _0\"></span>in cui sono s<span class=\"_ _0\"></span>ostenuti. Eventuali <span class=\"_ _3e\"> </span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _3e\"> </span>value <span class=\"_ _3e\"> </span>avvenute <span class=\"_ _3e\"> </span>in <span class=\"_ _3e\"> </span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _3e\"> </span>all\u2019ottenimento <span class=\"_ _3e\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>maggiori informazioni <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>periodo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>misurazione <span class=\"_ _0\"></span>(12 <span class=\"_ _0\"></span>mesi <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>data di <span class=\"_ _0\"></span>acquisizi<span class=\"_ _0\"></span>one) <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>incluse <span class=\"_ _0\"></span>in modo <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>etrospettivo <span class=\"_ _3\"></span>nell\u2019avviament<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>L\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _3\"></span>acquisito <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>aggregazione <span class=\"_ _3\"></span>azien<span class=\"_ _0\"></span>dale \u00e8 inizialme<span class=\"_ _0\"></span>nte misurat<span class=\"_ _0\"></span>o al c<span class=\"_ _0\"></span>osto r<span class=\"_ _0\"></span>appresentato <span class=\"_ _0\"></span>dall\u2019eccedenza <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>la somma <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>orrispettivi<span class=\"_ _0\"></span> trasferiti <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>una <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>gregaz<span class=\"_ _0\"></span>ione <span class=\"_ _e\"> </span>azienda<span class=\"_ _0\"></span>le, <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>patrimonio<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>pertinenza <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> terzi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _d\"></span>dell\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _d\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span>l\u2019impresa<span class=\"_ _0\"></span> acquisita <span class=\"_ _3\"></span>rispett<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Societ\u00e0 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>eq<span class=\"_ _0\"></span>uo <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span>, passivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>poten<span class=\"_ _0\"></span>ziali <span class=\"_ _3\"></span>identificabil<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dell\u2019impresa <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ita. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit<span class=\"_ _0\"></span>\u00e0 nette <span class=\"_ _b\"> </span>ac<span class=\"_ _0\"></span>quisite <span class=\"_ _14\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _14\"> </span>assun<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _14\"> </span>data <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>cquisizione <span class=\"_ _14\"> </span>ecc<span class=\"_ _0\"></span>ede <span class=\"_ _14\"> </span>la <span class=\"_ _14\"> </span>somma <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>ei corrispettivi <span class=\"_ _d\"></span>trasfer<span class=\"_ _0\"></span>iti, <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>patrimoni<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>netto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>terzi <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>l\u2019eventua<span class=\"_ _0\"></span>le partecipazione <span class=\"_\"> </span>preced<span class=\"_ _0\"></span>entemente <span class=\"_\"> </span>detenuta<span class=\"_ _0\"></span> <span class=\"_\"> </span>nell\u2019impresa <span class=\"_\"> </span>acquisita,<span class=\"_ _0\"></span> <span class=\"_\"> </span>tale <span class=\"_\"> </span>eccedenza <span class=\"_\"> </span>viene<span class=\"_ _0\"></span> contabilizzata <span class=\"_\"> </span>come <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ovento <span class=\"_\"> </span>della <span class=\"_\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_\"> </span>con<span class=\"_ _0\"></span>clusa <span class=\"_\"> </span>a <span class=\"_\"> </span>conto <span class=\"_\"> </span>economico.<span class=\"_ _0\"></span> <span class=\"_\"> </span>Dopo <span class=\"_\"> </span>la rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _0\"></span>l\u2019avviam<span class=\"_ _0\"></span>ento \u00e8<span class=\"_ _0\"></span> misur<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>al costo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al nett<span class=\"_ _0\"></span>o di r<span class=\"_ _0\"></span>iduzi<span class=\"_ _0\"></span>oni di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>cumulate.<span class=\"_ _0\"></span> Al <span class=\"_ _a\"> </span>fine <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>verifica<span class=\"_ _0\"></span>re <span class=\"_ _a\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>presenza <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>riduzion<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alore, <span class=\"_ _b\"> </span>l\u2019avviamento <span class=\"_ _b\"> </span>acquisito <span class=\"_ _b\"> </span>in <span class=\"_ _a\"> </span>una<span class=\"_ _0\"></span> aggregazione <span class=\"_ _3\"></span>aziendale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>allocato, <span class=\"_ _3\"></span>dalla <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>quisizione, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>singole <span class=\"_ _3\"></span>unit\u00e0 <span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>eneratrici di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iari, <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>gru<span class=\"_ _0\"></span>ppi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>ge<span class=\"_ _0\"></span>neratrici <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>fl<span class=\"_ _0\"></span>ussi <span class=\"_ _d\"></span>finanziari <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ovrebb<span class=\"_ _0\"></span>ero <span class=\"_ _d\"></span>trarre<span class=\"_ _0\"></span> beneficio <span class=\"_ _5\"></span>dalle <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span>nergie <span class=\"_ _5\"></span>dell\u2019aggre<span class=\"_ _0\"></span>gazione, <span class=\"_ _5\"></span>indipendentemente <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fatto <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>altre <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>o<span class=\"_ _0\"></span> passivit\u00e0 <span class=\"_ _1\"> </span>dell\u2019acquisita <span class=\"_ _1\"> </span>siano <span class=\"_ _1\"> </span>assegnate <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ta<span class=\"_ _0\"></span>li <span class=\"_ _1\"> </span>unit\u00e0 <span class=\"_ _f\"> </span>o <span class=\"_ _1\"> </span>raggruppame<span class=\"_ _0\"></span>nti <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>unit\u00e0.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Quando l\u2019avviamento <span class=\"_ _5\"> </span>cos<span class=\"_ _0\"></span>tituisce <span class=\"_ _5\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>una <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>generatr<span class=\"_ _0\"></span>ice <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>flussi <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _5\"></span>(grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>unit\u00e0 generatrici <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>flussi <span class=\"_ _14\"> </span>finanziari) <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>parte <span class=\"_ _14\"> </span>dell\u2019attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _14\"> </span>interna <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>ta<span class=\"_ _0\"></span>le <span class=\"_ _b\"> </span>uni<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _14\"> </span>ceduta, l\u2019avviamento <span class=\"_ _a\"> </span>associato <span class=\"_\"> </span>all\u2019attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_\"> </span>ced<span class=\"_ _0\"></span>uta <span class=\"_\"> </span>\u00e8 <span class=\"_ _a\"> </span>incluso <span class=\"_\"> </span>nel <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _a\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>er determinare <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>\u2019utile <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>la <span class=\"_ _14\"> </span>perdita <span class=\"_ _14\"> </span>derivante <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _b\"> </span>ces<span class=\"_ _0\"></span>sione. <span class=\"_ _b\"> </span>L\u2019avviamento<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cedut<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>tal<span class=\"_ _0\"></span>i circostanze <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"></span>misur<span class=\"_ _0\"></span>ato <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _5\"></span>dell\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"></span>ceduta <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>porzione <span class=\"_ _5\"></span>di unit\u00e0 mantenuta i<span class=\"_ _0\"></span>n essere. Negli <span class=\"_ _b\"> </span>eser<span class=\"_ _0\"></span>cizi <span class=\"_ _14\"> </span>fino <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>09 <span class=\"_ _b\"> </span>inc<span class=\"_ _0\"></span>luso <span class=\"_ _14\"> </span>le <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>ggregazioni <span class=\"_ _14\"> </span>aziend<span class=\"_ _0\"></span>ali <span class=\"_ _b\"> </span>ven<span class=\"_ _0\"></span>ivano <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontabilizzat<span class=\"_ _0\"></span>e applicando <span class=\"_ _d6\"> </span>il <span class=\"_ _12\"> </span>\u201cpurchas<span class=\"_ _0\"></span>e <span class=\"_ _d6\"> </span>method\u201d. <span class=\"_ _12\"> </span>I <span class=\"_ _d6\"> </span>costi <span class=\"_ _d6\"> </span>di <span class=\"_ _12\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_ _d6\"> </span>direttamente <span class=\"_ _d6\"> </span>attribuibili all\u2019aggregazio<span class=\"_ _0\"></span>ne <span class=\"_ _a\"> </span>venivano<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>considerati <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _a\"> </span>parte <span class=\"_ _b\"> </span>del <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>acquisto. <span class=\"_ _b\"> </span>Le <span class=\"_ _a\"> </span>quote <span class=\"_ _b\"> </span>di minoranza <span class=\"_ _3\"></span>venivano <span class=\"_ _3\"></span>misurate <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>dell\u2019attivo <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ntificabile dell\u2019acquisita. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>aggregaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>azi<span class=\"_ _0\"></span>endali <span class=\"_ _f\"> </span>realizzat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>pi\u00f9 <span class=\"_ _1\"> </span>fasi <span class=\"_ _f\"> </span>venivano <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ate <span class=\"_ _f\"> </span>in momenti separat<span class=\"_ _0\"></span>i. 3.2 Criteri di valutazione Collegate (partec<span class=\"_ _0\"></span>ipazioni c<span class=\"_ _0\"></span>ontabilizzate co<span class=\"_ _0\"></span>n il metodo del <span class=\"_ _0\"></span>patrimonio net<span class=\"_ _0\"></span>to) Le <span class=\"_ _a\"> </span>collegate <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>entit\u00e0 <span class=\"_ _a\"> </span>sulle <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>politiche <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>gest<span class=\"_ _0\"></span>ionali <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>esercita un\u2019influenza n<span class=\"_ _0\"></span>otevole, pur non av<span class=\"_ _0\"></span>endone il contr<span class=\"_ _0\"></span>ollo. Si <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>pone <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esista <span class=\"_ _3\"></span>un\u2019influenza <span class=\"_ _3\"></span>notevole <span class=\"_ _3\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>possiede <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>20% <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>50%<span class=\"_ _0\"></span> del potere di v<span class=\"_ _0\"></span>oto di un\u2019altr<span class=\"_ _0\"></span>a entit\u00e0.<span class=\"_ _0\"></span> Le <span class=\"_ _8\"> </span>collegate <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>tabilizzate <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>econdo <span class=\"_ _8\"> </span>il <span class=\"_ _8\"> </span>metodo <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _8\"> </span>netto <span class=\"_ _8\"> </span>e <span class=\"_ _9\"> </span>rilevate inizialmente al cos<span class=\"_ _0\"></span>to. Le <span class=\"_ _4\"> </span>partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _4\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _4\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>ompre<span class=\"_ _0\"></span>ndono <span class=\"_ _4\"> </span>l\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _4\"> </span>ident<span class=\"_ _0\"></span>ificato <span class=\"_ _c\"> </span>al <span class=\"_ _4\"> </span>momento<span class=\"_ _0\"></span> dell\u2019acquisizione a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>lle perdite di v<span class=\"_ _0\"></span>alore cumulate.<span class=\"_ _0\"></span> Il bilancio c<span class=\"_ _0\"></span>onsolidato comp<span class=\"_ _0\"></span>rende la qu<span class=\"_ _0\"></span>ota di pert<span class=\"_ _0\"></span>inenz<span class=\"_ _0\"></span>a del gruppo d<span class=\"_ _0\"></span>egli util<span class=\"_ _0\"></span>i o delle perd<span class=\"_ _0\"></span>ite delle <span class=\"_ _e\"> </span>partecipate <span class=\"_ _e\"> </span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>secondo <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _e\"> </span>netto, <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>rettifiche necessarie <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>allineare <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelli <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>gruppo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> inizio l\u2019influenza n<span class=\"_ _0\"></span>otevole f<span class=\"_ _0\"></span>ino alla data <span class=\"_ _0\"></span>in cui detta inf<span class=\"_ _0\"></span>luenza o c<span class=\"_ _0\"></span>ontrollo cessano.<span class=\"_ _0\"></span> Quando l<span class=\"_ _0\"></span>a quota <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite d<span class=\"_ _0\"></span>i perti<span class=\"_ _0\"></span>nenza <span class=\"_ _0\"></span>del gruppo<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>una par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _0\"></span>contabi<span class=\"_ _0\"></span>lizzata<span class=\"_ _0\"></span> con <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patrimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>eccede <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>detta <span class=\"_ _0\"></span>partecipata,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po azzera <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>partecipazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>cessa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevare <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>quota <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>lteriori <span class=\"_ _3\"></span>perd<span class=\"_ _0\"></span>ite, <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nne <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>cas<span class=\"_ _0\"></span>i in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>abbia <span class=\"_ _e\"> </span>contr<span class=\"_ _0\"></span>atto <span class=\"_ _e\"> </span>obbligazioni <span class=\"_ _e\"> </span>lega<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>implicite <span class=\"_ _e\"> </span>oppure <span class=\"_ _e\"> </span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _e\"> </span>effettuato <span class=\"_ _f\"> </span>dei pagamenti per c<span class=\"_ _0\"></span>onto della <span class=\"_ _0\"></span>partecipata. Disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide e mezz<span class=\"_ _0\"></span>i equivalenti (a<span class=\"_ _0\"></span>ttivit\u00e0 finanzi<span class=\"_ _0\"></span>arie non derivat<span class=\"_ _0\"></span>e) Le <span class=\"_ _3\"></span>disponibilit\u00e0 <span class=\"_ _3\"></span>liqu<span class=\"_ _0\"></span>ide <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>mezz<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>equivalenti <span class=\"_ _3\"></span>compr<span class=\"_ _0\"></span>endono <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>denaro <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>depositi <span class=\"_ _3\"></span>a vista e investim<span class=\"_ _0\"></span>enti avent<span class=\"_ _0\"></span>i scadenza entro tr<span class=\"_ _0\"></span>e mesi dall<span class=\"_ _0\"></span>a data di acq<span class=\"_ _0\"></span>uisizione.<span class=\"_ _0\"></span> Dopo <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>iniziale, <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>strume<span class=\"_ _0\"></span>nti <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>ari <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>derivati <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value rilevato a co<span class=\"_ _0\"></span>nto economico<span class=\"_ _0\"></span>. Gli scoperti d<span class=\"_ _0\"></span>i c/c sono clas<span class=\"_ _0\"></span>sificati tra <span class=\"_ _0\"></span>le passivit\u00e0 cor<span class=\"_ _0\"></span>renti. Rimanenze Le <span class=\"_ _d\"></span>rim<span class=\"_ _0\"></span>anenze <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>isc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>minore <span class=\"_ _5\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>costo <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>ac<span class=\"_ _0\"></span>quisto <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>produzion<span class=\"_ _0\"></span>e, <span class=\"_ _d\"></span>determ<span class=\"_ _0\"></span>inato secondo il metodo<span class=\"_ _0\"></span> del cost<span class=\"_ _0\"></span>o medio pondera<span class=\"_ _0\"></span>to, e il va<span class=\"_ _0\"></span>lore netto di<span class=\"_ _0\"></span> realizz<span class=\"_ _0\"></span>o. Il <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _0\"></span>net<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzo <span class=\"_ _3\"></span>corrisponde <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>prez<span class=\"_ _0\"></span>zo <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>dita <span class=\"_ _0\"></span>stimato <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>normale <span class=\"_ _3\"></span>svolgimento<span class=\"_ _0\"></span> dell\u2019attivit\u00e0 <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>netto <span class=\"_ _14\"> </span>dei <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>osti <span class=\"_ _b\"> </span>stimat<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ompletamento <span class=\"_ _14\"> </span>nonch\u00e9 <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _b\"> </span>stima <span class=\"_ _14\"> </span>dei <span class=\"_ _b\"> </span>cost<span class=\"_ _0\"></span>i necessari per r<span class=\"_ _0\"></span>ealizzare la <span class=\"_ _0\"></span>vendita. Il <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>produzione <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mprend<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>mate<span class=\"_ _0\"></span>rie <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ime, <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>costi <span class=\"_ _e\"> </span>dirett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>quelli indirettamente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>imputabili <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>fabbricaz<span class=\"_ _0\"></span>ione. <span class=\"_ _a\"> </span>Le <span class=\"_ _a\"> </span>scorte <span class=\"_ _a\"> </span>obso<span class=\"_ _0\"></span>lete <span class=\"_ _a\"> </span>o <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>lento <span class=\"_ _a\"> </span>rigiro <span class=\"_ _a\"> </span>sono svalutate in rela<span class=\"_ _0\"></span>zione alla loro pos<span class=\"_ _0\"></span>sibilit\u00e0 d<span class=\"_ _0\"></span>i utilizzo o real<span class=\"_ _0\"></span>izzo. Crediti iscritti n<span class=\"_ _0\"></span>ell\u2019attivo c<span class=\"_ _0\"></span>orrente (attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie non<span class=\"_ _0\"></span> derivate) I <span class=\"_ _e\"> </span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>rilevati <span class=\"_ _f\"> </span>inizialmente<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>da <span class=\"_ _f\"> </span>ricever<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>tale tipologia <span class=\"_\"> </span>corrisponde <span class=\"_\"> </span>nor<span class=\"_ _0\"></span>malmente <span class=\"_\"> </span>al <span class=\"_\"> </span>valore <span class=\"_\"> </span>nominale <span class=\"_\"> </span>indicato <span class=\"_\"> </span>in <span class=\"_\"> </span>fattura <span class=\"_\"> </span>adeguato <span class=\"_\"> </span>(s<span class=\"_ _0\"></span>e necessario) <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>presum<span class=\"_ _0\"></span>ibile <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>lizzo <span class=\"_ _3\"></span>mediante <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>posizioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>stanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _3\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _3\"></span>a rettifica <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>valori <span class=\"_ _e\"> </span>no<span class=\"_ _0\"></span>minali. <span class=\"_ _f\"> </span>Successivamente <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>crediti <span class=\"_ _f\"> </span>vengono <span class=\"_ _e\"> </span>valutat<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>criterio <span class=\"_ _f\"> </span>del costo <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>eneralmente <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>isponde <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>nominale <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>eventu<span class=\"_ _0\"></span>ali perdite di va<span class=\"_ _0\"></span>lore. Il <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>cre<span class=\"_ _0\"></span>diti <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>stimato <span class=\"_ _5\"></span>in <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>una <span class=\"_ _d\"></span>an<span class=\"_ _0\"></span>alisi <span class=\"_ _d\"></span>specifica <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _d\"></span>pratiche <span class=\"_ _5\"></span>in contenzioso <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>delle <span class=\"_\"> </span>pos<span class=\"_ _0\"></span>izioni <span class=\"_\"> </span>che, <span class=\"_ _a\"> </span>pur <span class=\"_\"> </span>non <span class=\"_\"> </span>es<span class=\"_ _0\"></span>sendo <span class=\"_ _a\"> </span>in <span class=\"_\"> </span>contenzioso, <span class=\"_ _a\"> </span>presentano <span class=\"_\"> </span>deg<span class=\"_ _0\"></span>li elementi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iticit\u00e0 (<span class=\"_ _0\"></span>es. <span class=\"_ _0\"></span>ritardo <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>egli <span class=\"_ _0\"></span>incassi). <span class=\"_ _3\"></span>Lo stanz<span class=\"_ _0\"></span>iamento <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ude <span class=\"_ _0\"></span>inoltre <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lutazione dei <span class=\"_ _a\"> </span>crediti <span class=\"_ _a\"> </span>residuali <span class=\"_ _a\"> </span>secondo <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>logica <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>perdita<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>attesa <span class=\"_ _a\"> </span>(<span class=\"ff4\">Expected <span class=\"_ _a\"> </span>Loss</span>) <span class=\"_ _a\"> </span>introdotto dall\u2019IFRS <span class=\"_ _8\"> </span>9<span class=\"_ _0\"></span>. <span class=\"_ _8\"> </span>Gli <span class=\"_ _9\"> </span>accanto<span class=\"_ _0\"></span>namenti <span class=\"_ _9\"> </span>al <span class=\"_ _8\"> </span>fo<span class=\"_ _0\"></span>ndo <span class=\"_ _8\"> </span>sva<span class=\"_ _0\"></span>lutazi<span class=\"_ _0\"></span>one <span class=\"_ _8\"> </span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _8\"> </span>sono <span class=\"_ _9\"> </span>rilevati <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>conto economico. I <span class=\"_ _1\"> </span>crediti <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>eduti <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>seguit<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>op<span class=\"_ _0\"></span>erazioni <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>factoring <span class=\"_\"> </span>sono <span class=\"_ _f\"> </span>elim<span class=\"_ _0\"></span>inati <span class=\"_ _1\"> </span>dall\u2019attivo <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ello <span class=\"_ _1\"> </span>Stato Patrimoniale <span class=\"_ _d\"></span>se <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>solo <span class=\"_ _d\"></span>se <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>contratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iferimento <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>evede <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>cess<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>tit<span class=\"_ _0\"></span>olarit\u00e0 <span class=\"_ _d\"></span>del credito, <span class=\"_ _3\"></span>unitament<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>titolarit\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>generant<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>redito <span class=\"_ _3\"></span>stesso, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> tutti <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>rischi <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>i <span class=\"_ _d\"></span>benefici <span class=\"_ _d\"></span>cor<span class=\"_ _0\"></span>relati <span class=\"_ _d\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _d\"></span>loro <span class=\"_ _d\"></span>tito<span class=\"_ _0\"></span>larit\u00e0, <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>capo <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>ces<span class=\"_ _0\"></span>sionario. <span class=\"_ _d\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei crediti <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>sodd<span class=\"_ _0\"></span>isfa <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>suddetti <span class=\"_ _0\"></span>requisit<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>riman<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>scritto <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ebbene il <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>legalmente <span class=\"_ _3\"></span>ceduto; <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tal <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>\u00e8 iscritta nel passivo <span class=\"_ _0\"></span>a fronte <span class=\"_ _0\"></span>dell\u2019anticipaz<span class=\"_ _0\"></span>ione ricevuta.<span class=\"_ _0\"></span> Immobili, impi<span class=\"_ _0\"></span>anti e macchinar<span class=\"_ _0\"></span>i I <span class=\"_ _3\"></span>terreni <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>i <span class=\"_ _3\"></span>fabbr<span class=\"_ _0\"></span>icati <span class=\"_ _3\"></span>util<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>produzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>for<span class=\"_ _0\"></span>nitura <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>eni <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>serv<span class=\"_ _0\"></span>izi <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>scopi amministrativi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>iscritti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>costo <span class=\"_ _d\"></span>stor<span class=\"_ _0\"></span>ico <span class=\"_ _d\"></span>dedo<span class=\"_ _0\"></span>tti <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>suc<span class=\"_ _0\"></span>cessivi <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>mmortamenti <span class=\"_ _5\"></span>e svalutazioni <span class=\"_ _d\"></span>accumulati. <span class=\"_ _3\"></span>Si <span class=\"_ _3\"></span>os<span class=\"_ _0\"></span>serva <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>sede <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pri<span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>applicazione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontabili<span class=\"_ _0\"></span> internazionali, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>terren<span class=\"_ _0\"></span>i s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>stati r<span class=\"_ _0\"></span>ilevati <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>ridet<span class=\"_ _0\"></span>erminato, <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>al fair <span class=\"_ _0\"></span>value <span class=\"_ _3\"></span>alla data <span class=\"_ _0\"></span>di transizione.  Gli <span class=\"_ _3\"></span>immob<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>corso<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ostruzione <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>fini <span class=\"_ _d\"></span>produttivi, <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>uso <span class=\"_ _d\"></span>amministrat<span class=\"_ _0\"></span>ivo <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>finalit\u00e0<span class=\"_ _0\"></span> non <span class=\"_ _f\"> </span>ancora<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>determ<span class=\"_ _0\"></span>inate, <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _f\"> </span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>costo, <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>netto <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _1\"> </span>svalutazioni <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>erdite <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> valore. I<span class=\"_ _0\"></span>l costo inc<span class=\"_ _0\"></span>lude ev<span class=\"_ _0\"></span>entuali o<span class=\"_ _0\"></span>norari profes<span class=\"_ _0\"></span>sionali. <span class=\"_ _0\"></span>L\u2019ammortamento <span class=\"_ _0\"></span>di ta<span class=\"_ _0\"></span>li attiv<span class=\"_ _0\"></span>it\u00e0, come<span class=\"_ _0\"></span> per tutti gli altr<span class=\"_ _0\"></span>i cespiti, c<span class=\"_ _0\"></span>omincia quand<span class=\"_ _0\"></span>o le attivit\u00e0 son<span class=\"_ _0\"></span>o disponibili per <span class=\"_ _0\"></span>l\u2019uso. Gli <span class=\"_ _0\"></span>impianti, <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>macc<span class=\"_ _0\"></span>hinari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attrezzature <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>de<span class=\"_ _2\"></span>gli <span class=\"_ _3\"></span>ammortamenti accumulati <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>eventuali <span class=\"_ _1\"> </span>svalutazi<span class=\"_ _0\"></span>oni <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _1\"> </span>perdite <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>valore. <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>costo <span class=\"_ _1\"> </span>ricomprende<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>g<span class=\"_ _0\"></span>li eventuali <span class=\"_ _d\"></span>costi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sma<span class=\"_ _0\"></span>ntellamento <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imozione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>bene <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>cost<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>bonifica <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>sito <span class=\"_ _d\"></span>su <span class=\"_ _d\"></span>cui<span class=\"_ _0\"></span> insiste <span class=\"_\"> </span>l\u2019immobi<span class=\"_ _0\"></span>lizzazione <span class=\"_ _a\"> </span>ma<span class=\"_ _2\"></span>teriale, <span class=\"_\"> </span>se <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ispondenti <span class=\"_\"> </span>all<span class=\"_ _0\"></span>e <span class=\"_\"> </span>previsioni <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ello <span class=\"_\"> </span>IAS <span class=\"_\"> </span>37. <span class=\"_ _a\"> </span>I<span class=\"_ _2\"></span> <span class=\"_\"> </span>ben<span class=\"_ _0\"></span>i composti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>componenti, <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>importo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>signi<span class=\"_ _0\"></span>ficativo, <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>vite <span class=\"_ _f\"> </span>utili <span class=\"_ _f\"> </span>differenti <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>cons<span class=\"_ _0\"></span>iderati separatamente n<span class=\"_ _0\"></span>ella determinaz<span class=\"_ _0\"></span>ione dell\u2019amm<span class=\"_ _0\"></span>ortamento.<span class=\"_ _0\"></span> Il <span class=\"_ _5\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sosten<span class=\"_ _0\"></span>uto <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>la <span class=\"_ _e\"> </span>sostituzione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>una <span class=\"_ _5\"></span>part<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"> </span>elem<span class=\"_ _0\"></span>ento <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>immob<span class=\"_ _0\"></span>ili, <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>mpianti <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> macchinari <span class=\"_ _0\"></span>\u00e8 som<span class=\"_ _0\"></span>mato a<span class=\"_ _0\"></span>l v<span class=\"_ _0\"></span>alore c<span class=\"_ _0\"></span>ontabile <span class=\"_ _0\"></span>dell\u2019element<span class=\"_ _0\"></span>o a c<span class=\"_ _0\"></span>ui s<span class=\"_ _0\"></span>i rifer<span class=\"_ _0\"></span>isce se <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>probabi<span class=\"_ _0\"></span>le che<span class=\"_ _0\"></span> i <span class=\"_ _a\"> </span>relativi <span class=\"_ _a\"> </span>futuri <span class=\"_ _a\"> </span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _a\"> </span>af<span class=\"_ _0\"></span>fluiranno <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>se<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>dell\u2019elem<span class=\"_ _0\"></span>ento <span class=\"_ _a\"> </span>pu\u00f2 <span class=\"_ _a\"> </span>es<span class=\"_ _0\"></span>sere determinato <span class=\"_ _3\"></span>attendibilmente. <span class=\"_ _3\"></span>Il <span class=\"_ _0\"></span>valore <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ostitu<span class=\"_ _0\"></span>ita <span class=\"_ _0\"></span>viene <span class=\"_ _3\"></span>eliminato. <span class=\"_ _3\"></span>I <span class=\"_ _0\"></span>costi per <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>manutenzi<span class=\"_ _0\"></span>one <span class=\"_\"> </span>ordinaria <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>immobili,<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>i<span class=\"_ _0\"></span>mpianti <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>acchinari <span class=\"_\"> </span>sono <span class=\"_ _1\"> </span>ri<span class=\"_ _0\"></span>levati <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>conto economico nell\u2019<span class=\"_ _0\"></span>esercizio in cui s<span class=\"_ _0\"></span>ono sostenut<span class=\"_ _0\"></span>i. L\u2019ammortamento <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _3\"></span>determinato, <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quote <span class=\"_ _0\"></span>costanti, <span class=\"_ _3\"></span>sul <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>beni <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativi valori residui, i<span class=\"_ _0\"></span>n funzione d<span class=\"_ _0\"></span>ella loro stimat<span class=\"_ _0\"></span>a vita util<span class=\"_ _0\"></span>e. Le vite utili sti<span class=\"_ _0\"></span>mate del peri<span class=\"_ _0\"></span>odo corrente e<span class=\"_ _0\"></span> di quello com<span class=\"_ _0\"></span>parativo son<span class=\"_ _0\"></span>o le seguenti:<span class=\"_ _0\"></span> Fabbricati <span class=\"_ _120\"> </span>34 anni Costruzioni leg<span class=\"_ _0\"></span>gere <span class=\"_ _121\"> </span>10 anni Impianti e macc<span class=\"_ _0\"></span>hinari <span class=\"_ _e6\"> </span>            6-8 anni Attrezzature <span class=\"_ _122\"> </span>4 anni Mobili e macchi<span class=\"_ _0\"></span>ne ufficio <span class=\"_ _df\"> </span>5-8 anni Automezzi <span class=\"_ _b0\"> </span>4-5 anni Altre <span class=\"_ _c3\"> </span>5-10 anni La voce \u201cAltre\u201d co<span class=\"_ _0\"></span>mprende le m<span class=\"_ _0\"></span>igliorie su <span class=\"_ _0\"></span>beni di terzi.<span class=\"_ _0\"></span> I v<span class=\"_ _0\"></span>alori r<span class=\"_ _0\"></span>esidu<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>ei c<span class=\"_ _0\"></span>espiti <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rivisti, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modif<span class=\"_ _0\"></span>icati <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>necess<span class=\"_ _0\"></span>ario, <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>hiusura del bilancio. <span class=\"_ _0\"></span> I terreni non v<span class=\"_ _0\"></span>engono amm<span class=\"_ _0\"></span>ortizzati, aven<span class=\"_ _0\"></span>do vita utile i<span class=\"_ _0\"></span>llimitata. Gli <span class=\"_ _8\"> </span>utili <span class=\"_ _8\"> </span>o <span class=\"_ _9\"> </span>le <span class=\"_ _9\"> </span>perdite <span class=\"_ _8\"> </span>ge<span class=\"_ _0\"></span>nerati <span class=\"_ _8\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _8\"> </span>cessione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>u<span class=\"_ _0\"></span>n\u2019immobilizzazione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>materiale <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>ono determinati <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>differe<span class=\"_ _0\"></span>nza <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>orrispett<span class=\"_ _0\"></span>ivo <span class=\"_ _d\"></span>netto <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>contabile<span class=\"_ _0\"></span> del bene, e s<span class=\"_ _0\"></span>ono rilevati a c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico al momen<span class=\"_ _0\"></span>to dell\u2019alienaz<span class=\"_ _0\"></span>ione. I <span class=\"_ _9\"> </span>costi <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>manutenz<span class=\"_ _0\"></span>ione <span class=\"_ _9\"> </span>ordinaria <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _9\"> </span>spesati <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>conto <span class=\"_ _9\"> </span>economico <span class=\"_ _9\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _9\"> </span>di sostenimento.<span class=\"_ _0\"></span> Immobilizzazioni <span class=\"_ _0\"></span>in leasing<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>partire <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>1\u00b0 <span class=\"_ _0\"></span>gennaio <span class=\"_ _3\"></span>2019, <span class=\"_ _0\"></span>l\u2019IFRS <span class=\"_ _3\"></span>16 h<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sostit<span class=\"_ _0\"></span>uito <span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>IA<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>17 <span class=\"_ _0\"></span>(e <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>relative <span class=\"_ _3\"></span>interpretazioni IFRIC <span class=\"_ _0\"></span>4, <span class=\"_ _3\"></span>SIC 1<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>SIC <span class=\"_ _3\"></span>27) <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>definiz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>principi per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>rilevazione, <span class=\"_ _3\"></span>la m<span class=\"_ _0\"></span>isurazion<span class=\"_ _0\"></span>e, la <span class=\"_ _a\"> </span>presentazione <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>l\u2019informativa <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>contratti <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>leasing. <span class=\"_ _a\"> </span>L\u2019IFRS <span class=\"_ _a\"> </span>16 <span class=\"_ _a\"> </span>prevede <span class=\"_ _a\"> </span>un <span class=\"_ _a\"> </span>unico modello <span class=\"_ _5\"></span>con<span class=\"_ _0\"></span>tabile <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _5\"></span>contratti <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>locazi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>quale <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>locatario <span class=\"_ _e\"> </span>rileva <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>llo stato <span class=\"_\"> </span>p<span class=\"_ _0\"></span>atrimoniale <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>delle <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_\"> </span>ine<span class=\"_ _0\"></span>renti <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span>ll\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>rappre<span class=\"_ _0\"></span>sentanti, rispettivamente, <span class=\"_ _10\"> </span>il <span class=\"_ _10\"> </span>diritto <span class=\"_ _10\"> </span>d\u2019uso <span class=\"_ _10\"> </span>del <span class=\"_ _10\"> </span>bene <span class=\"_ _10\"> </span>sottostan<span class=\"_ _0\"></span>te <span class=\"_ _10\"> </span>per <span class=\"_ _9\"> </span>la <span class=\"_ _10\"> </span>durat<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _9\"> </span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _10\"> </span>e l\u2019obbligazione <span class=\"_ _0\"></span>per i pagam<span class=\"_ _0\"></span>enti futuri de<span class=\"_ _0\"></span>i canoni di loc<span class=\"_ _0\"></span>azione. I <span class=\"_ _3\"></span>locatar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dovrann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>conta<span class=\"_ _0\"></span>bilizzare <span class=\"_ _d\"></span>separatamen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>spese <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _d\"></span>sulla <span class=\"_ _d\"></span>passivit\u00e0 <span class=\"_ _d\"></span>per leasing <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>l\u2019ammort<span class=\"_ _0\"></span>amento <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>diritto <span class=\"_ _3\"></span>d\u2019uso <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>I <span class=\"_ _0\"></span>locatari <span class=\"_ _3\"></span>dovranno <span class=\"_ _3\"></span>anche <span class=\"_ _0\"></span>rimisurare<span class=\"_ _0\"></span> la <span class=\"_ _5\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>leasing <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>verificarsi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>determinati <span class=\"_ _e\"> </span>eventi <span class=\"_ _e\"> </span>(ad <span class=\"_ _e\"> </span>esempio: <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>cam<span class=\"_ _0\"></span>biamento nelle <span class=\"_ _d\"></span>condizioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>leasing,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>ca<span class=\"_ _0\"></span>mbiamento <span class=\"_ _d\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>pagam<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>leasing<span class=\"_ _0\"></span> conseguente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>ca<span class=\"_ _0\"></span>mbiame<span class=\"_ _0\"></span>nto <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>indice <span class=\"_ _1\"> </span>o <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>t<span class=\"_ _0\"></span>asso <span class=\"_ _f\"> </span>ut<span class=\"_ _0\"></span>ilizzati <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>determi<span class=\"_ _0\"></span>nare <span class=\"_ _f\"> </span>quei pagamenti). <span class=\"_ _9\"> </span>Il <span class=\"_ _9\"> </span>locatario <span class=\"_ _9\"> </span>ricono<span class=\"_ _0\"></span>scer\u00e0 <span class=\"_ _8\"> </span>ge<span class=\"_ _0\"></span>neralmente<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>l\u2019importo <span class=\"_ _9\"> </span>della <span class=\"_ _9\"> </span>rimisuraz<span class=\"_ _0\"></span>ione <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>la passivit\u00e0 per <span class=\"_ _0\"></span>leasing come una r<span class=\"_ _0\"></span>ettifica d<span class=\"_ _0\"></span>el diritto d\u2019us<span class=\"_ _0\"></span>o dell\u2019attivit\u00e0.<span class=\"_ _0\"></span> I <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>anoni <span class=\"_ _3\"></span>leasing <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>anno <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>inferiore<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>lli che <span class=\"_ _5\"></span>hanno <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>oggetto <span class=\"_ _5\"> </span>be<span class=\"_ _0\"></span>ni <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>modico <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>imputati <span class=\"_ _5\"> </span>a <span class=\"_ _5\"></span>quote <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>tanti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>alla durata del contratto.<span class=\"_ _0\"></span> Investimenti i<span class=\"_ _0\"></span>mmobiliari Gli <span class=\"_\"> </span>investimenti <span class=\"_\"> </span>immobiliari, <span class=\"_\"> </span>rappresentat<span class=\"_ _0\"></span>i <span class=\"_\"> </span>da <span class=\"_\"> </span>i<span class=\"_ _2\"></span>mmob<span class=\"_ _0\"></span>ili <span class=\"_\"> </span>p<span class=\"_ _2\"></span>osseduti <span class=\"_\"> </span>per <span class=\"_\"> </span>la <span class=\"_\"> </span>concessione <span class=\"_\"> </span>in affitto <span class=\"_ _3\"></span>e/o <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>l\u2019apprez<span class=\"_ _0\"></span>zamento <span class=\"_ _3\"></span>patrimon<span class=\"_ _0\"></span>iale, <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>quisto, <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>degli ammortament<span class=\"_ _0\"></span>i e delle perdi<span class=\"_ _0\"></span>te di valore. <span class=\"_ _0\"></span> Attivit\u00e0 immater<span class=\"_ _0\"></span>iali Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>immater<span class=\"_ _0\"></span>iale <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>rilev<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>contabilm<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>ident<span class=\"_ _0\"></span>ificabile, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollabile, <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d \u00e8 <span class=\"_ _3\"></span>prevedibile <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>generi <span class=\"_ _3\"></span>benefic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onomici <span class=\"_ _3\"></span>futuri <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>minato <span class=\"_ _3\"></span>in modo attendibil<span class=\"_ _0\"></span>e. Le <span class=\"_ _1\"> </span>immobilizzazioni<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>immat<span class=\"_ _0\"></span>eriali <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>durata <span class=\"_ _1\"> </span>definita <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>iscritte <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>costo <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>acquisto <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>di produzione al net<span class=\"_ _0\"></span>to degli a<span class=\"_ _0\"></span>mmortamenti <span class=\"_ _0\"></span>e delle perdit<span class=\"_ _0\"></span>e di valor<span class=\"_ _0\"></span>i accumulati.<span class=\"_ _0\"></span> Le vite utili sti<span class=\"_ _0\"></span>mate del peri<span class=\"_ _0\"></span>odo corrente e<span class=\"_ _0\"></span> di quello com<span class=\"_ _0\"></span>parativo son<span class=\"_ _0\"></span>o le seguenti:<span class=\"_ _0\"></span> Diritti di brevetto <span class=\"_ _0\"></span>industriale<span class=\"_ _0\"></span> e altri diritti<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>         <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> 5 anni Concessioni, lice<span class=\"_ _0\"></span>nze e marc<span class=\"_ _0\"></span>hi            <span class=\"_ _0\"></span>                    <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>      10 a<span class=\"_ _0\"></span>nni  Altri <span class=\"_ _c6\"> </span> <span class=\"_ _0\"></span>               <span class=\"_ _0\"></span>                   <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>          5-6 a<span class=\"_ _0\"></span>nni L\u2019ammortamento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>param<span class=\"_ _0\"></span>etrato <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _5\"></span>della <span class=\"_ _d\"></span>prev<span class=\"_ _0\"></span>ista <span class=\"_ _5\"></span>vita <span class=\"_ _d\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019immobilizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>e inizia quando l\u2019<span class=\"_ _0\"></span>attivit\u00e0 \u00e8 d<span class=\"_ _0\"></span>isponibile all\u2019uso.<span class=\"_ _0\"></span> Nella <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>\u201c<span class=\"_ _0\"></span>Altri\u201d <span class=\"_ _e\"> </span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ompresi <span class=\"_ _5\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _5\"></span>impor<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>pagati <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"> </span>l\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>dei <span class=\"_ _e\"> </span>diritti <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>ingr<span class=\"_ _0\"></span>esso degli <span class=\"_ _3\"></span>esercizi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndita, <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>predefinita;<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>importi <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>ammortizz<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> base alla durata <span class=\"_ _0\"></span>del contrat<span class=\"_ _0\"></span>to. Gli <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span>dall\u2019alienazione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>bene <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>ateriale <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isurati <span class=\"_ _3\"></span>come <span class=\"_ _0\"></span>la differenza <span class=\"_ _3\"></span>fra <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>ricav<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bene <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>conto economico al m<span class=\"_ _0\"></span>omento dell\u2019alienaz<span class=\"_ _0\"></span>ione. Costi di ricerca <span class=\"_ _0\"></span> I <span class=\"_\"> </span>costi <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>ricerca <span class=\"_\"> </span>vengon<span class=\"_ _0\"></span>o <span class=\"_\"> </span>ad<span class=\"_ _2\"></span>debitati <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>Conto <span class=\"_\"> </span>Economico <span class=\"_\"> </span>quando <span class=\"_\"> </span>sostenuti <span class=\"_\"> </span>cos\u00ec <span class=\"_ _1\"> </span>come stabilito dallo I<span class=\"_ _0\"></span>AS 38. Software I <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>delle <span class=\"_ _d\"></span>licenze <span class=\"_ _3\"></span>softwar<span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>compre<span class=\"_ _0\"></span>nsivi <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _3\"></span>acces<span class=\"_ _0\"></span>sori, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>capital<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>isc<span class=\"_ _0\"></span>ritti in bilancio al n<span class=\"_ _0\"></span>etto degli am<span class=\"_ _0\"></span>mortamenti e de<span class=\"_ _0\"></span>lle eventua<span class=\"_ _0\"></span>li perdite di va<span class=\"_ _0\"></span>lore accumu<span class=\"_ _0\"></span>late. La vita utile \u00e8 st<span class=\"_ _0\"></span>imata med<span class=\"_ _0\"></span>iamente in c<span class=\"_ _0\"></span>inque anni.<span class=\"_ _0\"></span> Avviamento L\u2019avviamento <span class=\"_ _3\"></span>derivante <span class=\"_ _0\"></span>dall<span class=\"_ _0\"></span>\u2019acquisizione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>imprese <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>materiali <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>\u00e8 valutato al costo <span class=\"_ _0\"></span>al netto d<span class=\"_ _0\"></span>elle perdite<span class=\"_ _0\"></span> di valore accumu<span class=\"_ _0\"></span>late. L\u2019avviamento <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>me <span class=\"_ _f\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _1\"> </span>rivisto <span class=\"_ _1\"> </span>annualmente, <span class=\"_ _1\"> </span>o <span class=\"_ _f\"> </span>con <span class=\"_ _1\"> </span>frequenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>maggiore<span class=\"_ _0\"></span> qualora <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>verifich<span class=\"_ _0\"></span>ino <span class=\"_ _3\"></span>event<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>biamenti <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ossono <span class=\"_ _3\"></span>far <span class=\"_ _d\"></span>emergere <span class=\"_ _d\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _d\"></span>perdite <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> valore, <span class=\"_ _f\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>ificare <span class=\"_ _f\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>non <span class=\"_ _1\"> </span>abbia <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>minor <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>alore. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>perdite<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>valore<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sono <span class=\"_ _1\"> </span>iscritte immediatamente <span class=\"_ _0\"></span>a conto ec<span class=\"_ _0\"></span>onomico e non<span class=\"_ _0\"></span> sono succ<span class=\"_ _0\"></span>essivamente ri<span class=\"_ _0\"></span>pristinate.<span class=\"_ _0\"></span> In <span class=\"_ _8\"> </span>caso <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>cession<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>un\u2019impr<span class=\"_ _0\"></span>esa <span class=\"_ _8\"> </span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _9\"> </span>o <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>un\u2019ent<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>contro<span class=\"_ _0\"></span>llo <span class=\"_ _8\"> </span>cong<span class=\"_ _0\"></span>iunto, l\u2019ammontare <span class=\"_ _b\"> </span>dell\u2019avvia<span class=\"_ _0\"></span>mento <span class=\"_ _a\"> </span>ad <span class=\"_ _b\"> </span>esse <span class=\"_ _a\"> </span>attri<span class=\"_ _0\"></span>buibile <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _b\"> </span>incluso <span class=\"_ _b\"> </span>nella <span class=\"_ _a\"> </span>determ<span class=\"_ _0\"></span>inazione <span class=\"_ _b\"> </span>della plusvalenza o m<span class=\"_ _0\"></span>inusvalenz<span class=\"_ _0\"></span>a da alienazione.<span class=\"_ _0\"></span> Gli <span class=\"_ _3\"></span>avviamenti <span class=\"_ _d\"></span>derivanti <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>acquisizion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>effettuate <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ima <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>transizion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>IFRS sono m<span class=\"_ _0\"></span>antenuti <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>i va<span class=\"_ _0\"></span>lori r<span class=\"_ _0\"></span>isultanti <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019applicazione <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>principi <span class=\"_ _0\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _0\"></span>italiani <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>e sono assoggett<span class=\"_ _0\"></span>ati ad impair<span class=\"_ _0\"></span>ment test con la <span class=\"_ _0\"></span>frequenza s<span class=\"_ _0\"></span>opra indicata. <span class=\"_ _0\"></span> Qualora <span class=\"_ _1\"> </span>l\u2019avviament<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>iscritto <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>bilancio <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>riferisc<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>all\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>onerosa <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>diritti <span class=\"_ _1\"> </span>per l\u2019esercizio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>merciali ave<span class=\"_ _0\"></span>nti <span class=\"_ _0\"></span>vita <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>definit<span class=\"_ _0\"></span>a. Lo <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _0\"></span>viene s<span class=\"_ _0\"></span>istematicame<span class=\"_ _0\"></span>nte ammortizzato <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>periodo <span class=\"_ _f\"> </span>uguale <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>durata <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>locazione <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferisc<span class=\"_ _0\"></span>e l\u2019esercizio e v<span class=\"_ _0\"></span>iene iscritto al<span class=\"_ _0\"></span> costo, a<span class=\"_ _0\"></span>l netto di ammorta<span class=\"_ _0\"></span>menti ed event<span class=\"_ _0\"></span>uali perd<span class=\"_ _0\"></span>ite di va<span class=\"_ _0\"></span>lore. Se l\u2019<span class=\"_ _0\"></span>avviamento <span class=\"_ _0\"></span>iscritto <span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>lancio si <span class=\"_ _0\"></span>riferisce <span class=\"_ _0\"></span>all\u2019acquis<span class=\"_ _0\"></span>izione <span class=\"_ _0\"></span>onerosa <span class=\"_ _0\"></span>di d<span class=\"_ _0\"></span>iritti per<span class=\"_ _0\"></span> l\u2019<span class=\"_ _0\"></span>esercizio di <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>commercial<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>av<span class=\"_ _0\"></span>enti <span class=\"_ _5\"></span>vita <span class=\"_ _5\"></span>utile <span class=\"_ _5\"></span>indefinita, <span class=\"_ _e\"> </span>il <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _5\"></span>pi\u00f9 <span class=\"_ _5\"></span>sistematicame<span class=\"_ _0\"></span>nte ammortizzato, <span class=\"_ _b\"> </span>ma <span class=\"_ _a\"> </span>assoggettat<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>una <span class=\"_ _b\"> </span>verifica <span class=\"_ _a\"> </span>pe<span class=\"_ _0\"></span>riodica <span class=\"_ _a\"> </span>ai <span class=\"_ _a\"> </span>f<span class=\"_ _0\"></span>ini <span class=\"_ _a\"> </span>dell\u2019identific<span class=\"_ _0\"></span>azione <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i eventuali per<span class=\"_ _0\"></span>dite di valore.<span class=\"_ _0\"></span> Perdite di valor<span class=\"_ _0\"></span>e (\u201cImpairm<span class=\"_ _0\"></span>ent\u201d) Ad <span class=\"_ _b\"> </span>ogni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ata <span class=\"_ _b\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>bilancio,<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _b\"> </span>freq<span class=\"_ _0\"></span>uenza <span class=\"_ _b\"> </span>magg<span class=\"_ _0\"></span>iore <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>alora <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>verifichino<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>event<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>o cambiamenti <span class=\"_ _b\"> </span>che <span class=\"_ _b\"> </span>possono <span class=\"_ _a\"> </span>far<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>e<span class=\"_ _0\"></span>mergere <span class=\"_ _b\"> </span>perdite <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>valor<span class=\"_ _0\"></span>e, <span class=\"_ _a\"> </span>il <span class=\"_ _b\"> </span>Gruppo <span class=\"_ _b\"> </span>rivede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>valore<span class=\"_ _0\"></span> contabile de<span class=\"_ _0\"></span>lle pr<span class=\"_ _0\"></span>oprie att<span class=\"_ _0\"></span>ivit\u00e0 mater<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>e immat<span class=\"_ _0\"></span>eriali pe<span class=\"_ _0\"></span>r deter<span class=\"_ _0\"></span>minare s<span class=\"_ _0\"></span>e vi s<span class=\"_ _0\"></span>iano <span class=\"_ _0\"></span>indicaz<span class=\"_ _0\"></span>ioni che <span class=\"_ _3\"></span>queste <span class=\"_ _d\"></span>attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _3\"></span>abbi<span class=\"_ _0\"></span>ano <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ubito <span class=\"_ _3\"></span>riduzio<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>valore. <span class=\"_ _d\"></span>Qualora <span class=\"_ _d\"></span>queste <span class=\"_ _d\"></span>indicazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istano, viene <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>timato <span class=\"_ _5\"></span>l\u2019ammont<span class=\"_ _0\"></span>are <span class=\"_ _5\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"> </span>per <span class=\"_ _5\"> </span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019eventuale <span class=\"_ _5\"> </span>importo della <span class=\"_\"> </span>svalut<span class=\"_ _0\"></span>azione. <span class=\"_\"> </span>Dove <span class=\"_ _a\"> </span>non <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>possib<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>stimare <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>valore <span class=\"_\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>di <span class=\"_\"> </span>u<span class=\"_ _0\"></span>na <span class=\"_\"> </span>attivit\u00e0<span class=\"_ _0\"></span> individualmente,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _d\"></span>effettua<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>sti<span class=\"_ _0\"></span>ma <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _d\"></span>recupera<span class=\"_ _0\"></span>bile <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>generatr<span class=\"_ _0\"></span>ice di flussi finanz<span class=\"_ _0\"></span>iari a cui l\u2019at<span class=\"_ _0\"></span>tivit\u00e0 appartiene.<span class=\"_ _0\"></span> Le <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>v<span class=\"_ _0\"></span>ita <span class=\"_ _a\"> </span>utile <span class=\"_ _a\"> </span>indefinita<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>tra <span class=\"_ _a\"> </span>cui <span class=\"_ _a\"> </span>l\u2019avviamento <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>marchi,<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>vengono verificate annu<span class=\"_ _0\"></span>almente e<span class=\"_ _0\"></span> ogniqualvolta v<span class=\"_ _0\"></span>i \u00e8 un\u2019indic<span class=\"_ _0\"></span>azione di<span class=\"_ _0\"></span> una pos<span class=\"_ _0\"></span>sibile perdita<span class=\"_ _0\"></span> di valor<span class=\"_ _0\"></span>e, al fine di deter<span class=\"_ _0\"></span>minare se la <span class=\"_ _0\"></span>perdita d<span class=\"_ _0\"></span>i valore effettivam<span class=\"_ _0\"></span>ente esista.<span class=\"_ _0\"></span> L\u2019ammontare <span class=\"_ _3\"></span>recu<span class=\"_ _0\"></span>perabile <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>rappresentato <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aggiore <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>fr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>dei costi <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>vendita <span class=\"_ _e\"> </span>e <span class=\"_ _5\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso. <span class=\"_ _5\"></span>Nella <span class=\"_ _e\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _5\"></span>d\u2019us<span class=\"_ _0\"></span>o, <span class=\"_ _5\"></span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>cassa futuri <span class=\"_ _3\"></span>stimati <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>scontati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>loro <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>lordo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>imposte che <span class=\"_ _f\"> </span>riflette <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>denaro <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>rischi <span class=\"_ _f\"> </span>specifici dell\u2019attivit\u00e0. Se <span class=\"_ _0\"></span>l\u2019ammontare <span class=\"_ _3\"></span>recuperabi<span class=\"_ _0\"></span>le d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>(o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>unit\u00e0 <span class=\"_ _3\"></span>generatrice <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>lussi <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iari) <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> stimato <span class=\"_ _d\"></span>essere <span class=\"_ _5\"></span>inferiore <span class=\"_ _d\"></span>rispetto <span class=\"_ _5\"></span>al <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elativo <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>contabile, <span class=\"_ _5\"></span>esso <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>ridotto <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>minor <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alore recuperabile. Una p<span class=\"_ _0\"></span>erdita d<span class=\"_ _0\"></span>i valore \u00e8 rilevat<span class=\"_ _0\"></span>a nel conto <span class=\"_ _0\"></span>economico im<span class=\"_ _0\"></span>mediatame<span class=\"_ _0\"></span>nte,  Quando <span class=\"_\"> </span>u<span class=\"_ _2\"></span>na <span class=\"_ _1\"> </span>svalut<span class=\"_ _0\"></span>azione <span class=\"_\"> </span>non <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>p<span class=\"_ _0\"></span>i\u00f9 <span class=\"_ _1\"> </span>ragione <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>essere <span class=\"_ _1\"> </span>mantenut<span class=\"_ _0\"></span>a, <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>con<span class=\"_ _2\"></span>tabile<span class=\"_ _0\"></span> dell\u2019attivit\u00e0 <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>g<span class=\"_ _0\"></span>eneratrice <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>flussi <span class=\"_ _e\"> </span>finanziar<span class=\"_ _0\"></span>i), <span class=\"_ _5\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>dell<span class=\"_ _0\"></span>\u2019avviamento, <span class=\"_ _e\"> </span>\u00e8 incrementato <span class=\"_ _f\"> </span>al <span class=\"_ _5\"> </span>nu<span class=\"_ _0\"></span>ovo <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>derivant<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>stima<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>uo <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>recuper<span class=\"_ _0\"></span>abile, <span class=\"_ _e\"> </span>ma <span class=\"_ _f\"> </span>non oltre <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>netto <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>carico <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>avrebb<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>vuto <span class=\"_ _e\"> </span>se <span class=\"_ _e\"> </span>non <span class=\"_ _5\"> </span>fos<span class=\"_ _0\"></span>se <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _e\"> </span>effettuata <span class=\"_ _f\"> </span>la svalutazione <span class=\"_ _f\"> </span>per <span class=\"_ _e\"> </span>perdita <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>valore. <span class=\"_ _e\"> </span>Il <span class=\"_ _f\"> </span>ripristino <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputato <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico<span class=\"_ _0\"></span> immediatamente, <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>meno <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _1\"> </span>l\u2019attivit\u00e0 <span class=\"_ _1\"> </span>sia <span class=\"_ _1\"> </span>valutata <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>valore <span class=\"_ _1\"> </span>rivalutato, <span class=\"_\"> </span>n<span class=\"_ _2\"></span>el <span class=\"_ _1\"> </span>qual <span class=\"_ _1\"> </span>caso <span class=\"_ _1\"> </span>il ripristino di val<span class=\"_ _0\"></span>ore \u00e8 imputat<span class=\"_ _0\"></span>o alla riserv<span class=\"_ _0\"></span>a di rivalutazion<span class=\"_ _0\"></span>e. Attivit\u00e0 non corr<span class=\"_ _0\"></span>enti detenu<span class=\"_ _0\"></span>te per <span class=\"_ _0\"></span>la vendita Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>corrente <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ismissione <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ompost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0) <span class=\"_ _3\"></span>viene classificata <span class=\"_\"> </span>come <span class=\"_\"> </span>posseduta <span class=\"_\"> </span>per <span class=\"_\"> </span>la <span class=\"_\"> </span>vendita <span class=\"_ _1\"> </span>se <span class=\"_\"> </span>il <span class=\"_\"> </span>suo <span class=\"_ _1\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_\"> </span>contabile <span class=\"_\"> </span>sar\u00e0 <span class=\"_\"> </span>recuperato principalmente c<span class=\"_ _0\"></span>on un\u2019oper<span class=\"_ _0\"></span>azione di vend<span class=\"_ _0\"></span>ita anzich\u00e9 tr<span class=\"_ _0\"></span>amite il suo ut<span class=\"_ _0\"></span>ilizzo cont<span class=\"_ _0\"></span>inuato. Immediatament<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ima <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>lassificazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>iniziale <span class=\"_ _e\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _e\"> </span>(o <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>dismissione)<span class=\"_ _0\"></span> come <span class=\"_ _5\"></span>posseduta<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>vendita,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>conta<span class=\"_ _0\"></span>bili <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>utati <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onformit\u00e0 <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>i principi contab<span class=\"_ _0\"></span>ili del Grupp<span class=\"_ _0\"></span>o. Successivame<span class=\"_ _0\"></span>nte, <span class=\"_ _f\"> </span>l\u2019attivit\u00e0 <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>gruppo <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>dismission<span class=\"_ _0\"></span>e) <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>valutat<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>minore <span class=\"_ _1\"> </span>tra <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>suo valore <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>abile <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fair <span class=\"_ _d\"></span>value <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>net<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>ven<span class=\"_ _0\"></span>dita. <span class=\"_ _d\"></span>L\u2019eventuale <span class=\"_ _d\"></span>perdita <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>di un <span class=\"_ _d\"></span>gruppo <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>dismissione <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>allocata <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>primo <span class=\"_ _5\"></span>luogo <span class=\"_ _d\"></span>all\u2019av<span class=\"_ _0\"></span>viamento, <span class=\"_ _d\"></span>qu<span class=\"_ _0\"></span>indi <span class=\"_ _d\"></span>alle <span class=\"_ _5\"></span>restanti attivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>passivit\u00e0 <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>sura <span class=\"_ _3\"></span>proporzion<span class=\"_ _0\"></span>ale, <span class=\"_ _3\"></span>ad <span class=\"_ _d\"></span>eccezione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rimane<span class=\"_ _0\"></span>nze, <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziarie,<span class=\"_ _0\"></span> attivit\u00e0 <span class=\"_ _8\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>impos<span class=\"_ _0\"></span>te <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>ifferite, <span class=\"_ _9\"> </span>benefici <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>dipen<span class=\"_ _0\"></span>denti <span class=\"_ _9\"> </span>e <span class=\"_ _8\"> </span>inves<span class=\"_ _0\"></span>timenti <span class=\"_ _9\"> </span>immobi<span class=\"_ _0\"></span>liari, <span class=\"_ _8\"> </span>che<span class=\"_ _0\"></span> continuano ad es<span class=\"_ _0\"></span>sere valut<span class=\"_ _0\"></span>ate in conform<span class=\"_ _0\"></span>it\u00e0 ai principi c<span class=\"_ _0\"></span>ontabili del Gru<span class=\"_ _0\"></span>ppo. Le <span class=\"_ _0\"></span>perdite <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span>dalla <span class=\"_ _0\"></span>classif<span class=\"_ _0\"></span>icazione <span class=\"_ _0\"></span>iniz<span class=\"_ _0\"></span>iale <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>seduta <span class=\"_ _3\"></span>per la <span class=\"_ _5\"></span>vendit<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>e <span class=\"_ _e\"> </span>le <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferenze <span class=\"_ _e\"> </span>di <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alutazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>succe<span class=\"_ _0\"></span>ssive <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>rilevate <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>conto <span class=\"_ _5\"> </span>ec<span class=\"_ _0\"></span>onomico.<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>Le variazioni <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>positive <span class=\"_ _e\"> </span>sono <span class=\"_ _f\"> </span>rilevate <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>olo <span class=\"_ _e\"> </span>fino <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>concorrenza <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>eventuali <span class=\"_ _f\"> </span>perdite <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i valore cumulate.<span class=\"_ _0\"></span> Finanziamenti<span class=\"_ _0\"></span> I <span class=\"_ _3\"></span>finanziamenti <span class=\"_ _d\"></span>sono <span class=\"_ _3\"></span>rico<span class=\"_ _0\"></span>nosc<span class=\"_ _0\"></span>iuti <span class=\"_ _3\"></span>inizialmente <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lue <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>ricevuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli oneri accessor<span class=\"_ _0\"></span>i di acquisizione <span class=\"_ _0\"></span>del finanziam<span class=\"_ _0\"></span>ento. Dopo <span class=\"_\"> </span>t<span class=\"_ _0\"></span>ale <span class=\"_ _a\"> </span>rilevazione <span class=\"_ _a\"> </span>iniziale <span class=\"_ _a\"> </span>i <span class=\"_\"> </span>finanziament<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>vengono <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _a\"> </span>con <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>criterio <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>costo ammortizzato ca<span class=\"_ _0\"></span>lcolato tra<span class=\"_ _0\"></span>mite l\u2019applicaz<span class=\"_ _0\"></span>ione del tasso <span class=\"_ _0\"></span>d\u2019interesse eff<span class=\"_ _0\"></span>ettivo. Il <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>ten<span class=\"_ _0\"></span>endo <span class=\"_ _3\"></span>conto <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>emissione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ogni <span class=\"_ _3\"></span>eventuale<span class=\"_ _0\"></span> sconto o prem<span class=\"_ _0\"></span>io previsti al <span class=\"_ _0\"></span>momento della r<span class=\"_ _0\"></span>egolazione<span class=\"_ _0\"></span>. Debiti commerci<span class=\"_ _0\"></span>ali e altri debit<span class=\"_ _0\"></span>i I debiti sono r<span class=\"_ _0\"></span>ilevati inizialmente <span class=\"_ _0\"></span>al fair va<span class=\"_ _0\"></span>lue del corrisp<span class=\"_ _0\"></span>ettivo da pag<span class=\"_ _0\"></span>are. Successivame<span class=\"_ _0\"></span>nte <span class=\"_ _d\"></span>i <span class=\"_ _5\"></span>debiti <span class=\"_ _5\"></span>vengono <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>utati <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>on <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>riterio <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>ammort<span class=\"_ _0\"></span>izzato <span class=\"_ _5\"></span>calcolato tramite l\u2019applicaz<span class=\"_ _0\"></span>ione del ta<span class=\"_ _0\"></span>sso d\u2019interesse e<span class=\"_ _0\"></span>ffettivo. Fondi per risc<span class=\"_ _0\"></span>hi e oneri I <span class=\"_\"> </span>fondi <span class=\"_\"> </span>per <span class=\"_\"> </span>risc<span class=\"_ _0\"></span>hi <span class=\"_\"> </span>e <span class=\"_\"> </span>oneri <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_\"> </span>relativi <span class=\"_\"> </span>ad <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>cantoname<span class=\"_ _0\"></span>nti <span class=\"_\"> </span>che <span class=\"_\"> </span>vengo<span class=\"_ _0\"></span>no <span class=\"_\"> </span>stanziati <span class=\"_\"> </span>sol<span class=\"_ _0\"></span>o quando <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>rit<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>dov<span class=\"_ _0\"></span>er <span class=\"_ _d\"></span>far <span class=\"_ _d\"></span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span>\u2019obbligazion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>(legale <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>implicita) <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>un evento <span class=\"_ _0\"></span>passato <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ale <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>probabile <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>utilizzo d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>risorse <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>montare d<span class=\"_ _0\"></span>eve <span class=\"_ _0\"></span>poter essere stimato <span class=\"_ _0\"></span>in maniera atten<span class=\"_ _0\"></span>dibile. L\u2019importo <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>fo<span class=\"_ _0\"></span>ndi <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>rappresentato <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _f\"> </span>valore <span class=\"_ _1\"> </span>attuale <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _f\"> </span>attes<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>stimat<span class=\"_ _0\"></span>i, attualizzati <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>tasso <span class=\"_ _e\"> </span>lordo <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>impost<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>riflette<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>valutazioni <span class=\"_ _e\"> </span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>merc<span class=\"_ _0\"></span>ato <span class=\"_ _e\"> </span>del valore attuale de<span class=\"_ _0\"></span>l denaro e <span class=\"_ _0\"></span>i risultati speci<span class=\"_ _0\"></span>fici connessi <span class=\"_ _0\"></span>alle passivit\u00e0. Non <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>procede <span class=\"_ _3\"></span>invece <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>alcun <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tanziamento<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>fronte <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ali <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ifestarsi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di una <span class=\"_ _f\"> </span>passivit\u00e0 <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>soltanto <span class=\"_ _f\"> </span>poss<span class=\"_ _0\"></span>ibile. <span class=\"_ _f\"> </span>In <span class=\"_ _f\"> </span>questa <span class=\"_ _f\"> </span>evenienz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>si <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ocede <span class=\"_ _f\"> </span>unicament<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>darne menzione nell\u2019ap<span class=\"_ _0\"></span>posita sezi<span class=\"_ _0\"></span>one informativa s<span class=\"_ _0\"></span>u impegni e r<span class=\"_ _0\"></span>ischi.  Accantonament<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>relativ<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>a <span class=\"_ _5\"></span>operazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>riorgani<span class=\"_ _0\"></span>zzazione <span class=\"_ _5\"></span>azienda<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>vengo<span class=\"_ _0\"></span>no <span class=\"_ _d\"></span>sta<span class=\"_ _0\"></span>nziati <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>olo quando <span class=\"_ _0\"></span>esiste <span class=\"_ _0\"></span>un pia<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>formale <span class=\"_ _0\"></span>dettagliat<span class=\"_ _0\"></span>o approv<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>Direzione <span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>ali oper<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>sono portate a conos<span class=\"_ _0\"></span>cenza delle <span class=\"_ _0\"></span>principali parti co<span class=\"_ _0\"></span>involte. Benefici a<span class=\"_ _0\"></span>i dipendenti  L\u2019obbligazione <span class=\"_ _3\"></span>netta <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>lungo <span class=\"_ _3\"></span>termine, <span class=\"_ _3\"></span>diversi da <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lli <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _5\"></span>da <span class=\"_ _5\"></span>pian<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>pens<span class=\"_ _0\"></span>ionistici, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>onde <span class=\"_ _5\"></span>all\u2019impor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>ben<span class=\"_ _0\"></span>eficio <span class=\"_ _5\"></span>futuro <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>i dipendenti <span class=\"_ _a\"> </span>hanno <span class=\"_ _a\"> </span>maturato <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>le <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>estazion<span class=\"_ _0\"></span>i <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>lav<span class=\"_ _0\"></span>oro <span class=\"_ _a\"> </span>nell\u2019esercizio <span class=\"_ _a\"> </span>corrente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>negli esercizi preceden<span class=\"_ _0\"></span>ti. Tale <span class=\"_ _0\"></span>beneficio vi<span class=\"_ _0\"></span>ene attua<span class=\"_ _0\"></span>lizzato, mentre<span class=\"_ _0\"></span> il fair va<span class=\"_ _0\"></span>lue di ev<span class=\"_ _0\"></span>entuali attivi<span class=\"_ _0\"></span>t\u00e0 viene <span class=\"_ _a\"> </span>detratto <span class=\"_\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _a\"> </span>passivit\u00e0. <span class=\"_\"> </span>Il <span class=\"_ _a\"> </span>tasso <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>attu<span class=\"_ _0\"></span>alizzazione <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>rendimento, <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_ _a\"> </span>di riferimento <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>obbligazi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>primarie <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>cui <span class=\"_ _3\"></span>date <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>scade<span class=\"_ _0\"></span>nza <span class=\"_ _3\"></span>approssimano<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> termini <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _d\"></span>obbligaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>Grupp<span class=\"_ _0\"></span>o. <span class=\"_ _d\"></span>L\u2019obbligaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>viene <span class=\"_ _d\"></span>calc<span class=\"_ _0\"></span>olata <span class=\"_ _d\"></span>util<span class=\"_ _0\"></span>izzando <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>metodo della <span class=\"_ _f\"> </span>proiezione <span class=\"_ _f\"> </span>unitaria <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>credito. <span class=\"_ _f\"> </span>Gli <span class=\"_ _f\"> </span>eventu<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>utili <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span>dite <span class=\"_ _f\"> </span>attuariali <span class=\"_ _f\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>rilevati <span class=\"_ _f\"> </span>a conto economico <span class=\"_ _0\"></span>nell\u2019eserc<span class=\"_ _0\"></span>izio in cui sono rea<span class=\"_ _0\"></span>lizzati o sos<span class=\"_ _0\"></span>tenuti. La valutazione<span class=\"_ _0\"></span> della passivi<span class=\"_ _0\"></span>t\u00e0 \u00e8 effettuat<span class=\"_ _0\"></span>a da attuari <span class=\"_ _0\"></span>indipende<span class=\"_ _0\"></span>nti. Piani a contribuz<span class=\"_ _0\"></span>ione definit<span class=\"_ _0\"></span>a I <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontributi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>ersare <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>piani <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontribuzione <span class=\"_ _5\"></span>definita <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>rilevati <span class=\"_ _d\"></span>come <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>Cont<span class=\"_ _0\"></span>o Economico de<span class=\"_ _0\"></span>ll\u2019esercizio in<span class=\"_ _0\"></span> cui sono s<span class=\"_ _0\"></span>ostenuti. Piani a benefic<span class=\"_ _0\"></span>i definiti Il <span class=\"_ _10\"> </span>Trattamento <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>Fine <span class=\"_ _11\"> </span>Rapporto <span class=\"_ _10\"> </span>(TF<span class=\"_ _0\"></span>R) <span class=\"_ _10\"> </span>dovuto <span class=\"_ _11\"> </span>ai <span class=\"_ _10\"> </span>dipendent<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>delle <span class=\"_ _10\"> </span>soci<span class=\"_ _0\"></span>et\u00e0 <span class=\"_ _10\"> </span>ital<span class=\"_ _0\"></span>iane appartenenti <span class=\"_\"> </span>al <span class=\"_\"> </span>Gruppo<span class=\"_ _0\"></span> <span class=\"_\"> </span>ai <span class=\"_\"> </span>sensi <span class=\"_\"> </span>dell\u2019articolo <span class=\"_\"> </span>2120 <span class=\"_\"> </span>del <span class=\"_\"> </span>Codice<span class=\"_ _0\"></span> <span class=\"_\"> </span>civile, <span class=\"_\"> </span>rientra <span class=\"_\"> </span>tra <span class=\"_\"> </span>i <span class=\"_\"> </span>piani pensionistici <span class=\"_\"> </span>a <span class=\"_\"> </span>benefici <span class=\"_\"> </span>definiti,<span class=\"_ _0\"></span> <span class=\"_\"> </span>piani <span class=\"_\"> </span>basati <span class=\"_\"> </span>sulla <span class=\"_\"> </span>vita <span class=\"_\"> </span>lavorativa <span class=\"_\"> </span>dei <span class=\"_\"> </span>dipenden<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>e <span class=\"_\"> </span>sulla remunerazione p<span class=\"_ _0\"></span>ercepita dal dipend<span class=\"_ _0\"></span>ente ne<span class=\"_ _0\"></span>l corso di un pred<span class=\"_ _0\"></span>eterminato <span class=\"_ _0\"></span>periodo di s<span class=\"_ _0\"></span>ervizio. In <span class=\"_ _3\"></span>particolare, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>trattament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>iscr<span class=\"_ _0\"></span>itta <span class=\"_ _3\"></span>in bilancio <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>valore<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>stessa, <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>quanto <span class=\"_ _5\"></span>qualificabil<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>quale <span class=\"_ _d\"></span>be<span class=\"_ _0\"></span>neficio <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> dipendenti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ovuto <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _e\"> </span>pia<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>finite. <span class=\"_ _e\"> </span>L<span class=\"_ _0\"></span>\u2019iscrizione <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bil<span class=\"_ _0\"></span>ancio <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> piani <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _f\"> </span>definite <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ichiede <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>stima <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>tec<span class=\"_ _0\"></span>niche <span class=\"_ _e\"> </span>att<span class=\"_ _0\"></span>uariali <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019ammon<span class=\"_ _0\"></span>tare <span class=\"_ _e\"> </span>delle<span class=\"_ _0\"></span> prestazioni <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>aturate <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>pendenti <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>cambio <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 <span class=\"_ _d\"></span>lav<span class=\"_ _0\"></span>orativa <span class=\"_ _d\"></span>prest<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>nell<span class=\"_ _0\"></span>\u2019esercizio corrente <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quelli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019<span class=\"_ _0\"></span>attualizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>prestaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>determinare <span class=\"_ _d\"></span>il valore attuale de<span class=\"_ _0\"></span>gli impegn<span class=\"_ _0\"></span>i del Gruppo<span class=\"_ _0\"></span>. La <span class=\"_ _f\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>27 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _1\"> </span>2006, <span class=\"_ _f\"> </span>n. <span class=\"_ _1\"> </span>296 <span class=\"_ _1\"> </span>(Legge <span class=\"_ _f\"> </span>Fi<span class=\"_ _0\"></span>nanziaria <span class=\"_ _f\"> </span>2<span class=\"_ _0\"></span>007) <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>introdotto <span class=\"_ _1\"> </span>nuove regole per il TF<span class=\"_ _0\"></span>R che matur<span class=\"_ _0\"></span>a a partire da<span class=\"_ _0\"></span>l 1\u00b0 gennaio 2<span class=\"_ _0\"></span>007. Per effetto de<span class=\"_ _0\"></span>lla riforma de<span class=\"_ _0\"></span>lla previdenza com<span class=\"_ _0\"></span>plement<span class=\"_ _0\"></span>are: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le quote d<span class=\"_ _0\"></span>i TFR maturat<span class=\"_ _0\"></span>e fino al 3<span class=\"_ _0\"></span>1 dicembre 20<span class=\"_ _0\"></span>06 rimango<span class=\"_ _0\"></span>no in azienda; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le <span class=\"_ _a\"> </span>quote <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>TFR <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>matura <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>1\u00b0 <span class=\"_ _a\"> </span>gennaio <span class=\"_ _a\"> </span>2007 <span class=\"_ _a\"> </span>devono, <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>scelta <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el </span>dipendente e sec<span class=\"_ _0\"></span>ondo le m<span class=\"_ _0\"></span>odalit\u00e0 di ad<span class=\"_ _0\"></span>esione esplicita<span class=\"_ _0\"></span> o adesione t<span class=\"_ _0\"></span>acita: -<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e destinate a f<span class=\"_ _0\"></span>orme di previde<span class=\"_ _0\"></span>nza complementar<span class=\"_ _0\"></span>e; </span>-<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>mante<span class=\"_ _0\"></span>nute <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>azienda, <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>qu<span class=\"_ _0\"></span>ale <span class=\"_ _1\"> </span>provveder\u00e0 <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tras<span class=\"_ _0\"></span>ferire <span class=\"_ _f\"> </span>le <span class=\"_ _1\"> </span>quote <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>TFR<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al </span>Fondo di Tes<span class=\"_ _0\"></span>oreria istitu<span class=\"_ _0\"></span>ito presso l\u2019INP<span class=\"_ _0\"></span>S. In <span class=\"_\"> </span>entrambi <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>cas<span class=\"_ _0\"></span>i <span class=\"_\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>quote <span class=\"_\"> </span>di <span class=\"_\"> </span>TFR <span class=\"_ _1\"> </span>matur<span class=\"_ _0\"></span>ate <span class=\"_\"> </span>dopo <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>1\u00b0 <span class=\"_\"> </span>genna<span class=\"_ _0\"></span>io <span class=\"_ _1\"> </span>20<span class=\"_ _0\"></span>07 <span class=\"_\"> </span>(o <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>asi <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>previdenza <span class=\"_ _3\"></span>complementare) <span class=\"_ _3\"></span>\u00e8 considerato u<span class=\"_ _0\"></span>n piano a con<span class=\"_ _0\"></span>tribuzione defini<span class=\"_ _0\"></span>ta. La <span class=\"_\"> </span>Legge <span class=\"_ _a\"> </span>Finanziaria <span class=\"_\"> </span>200<span class=\"_ _0\"></span>7 <span class=\"_\"> </span>non <span class=\"_ _a\"> </span>ha <span class=\"_\"> </span>comportato <span class=\"_ _a\"> </span>alcuna <span class=\"_\"> </span>m<span class=\"_ _0\"></span>odifica <span class=\"_\"> </span>re<span class=\"_ _0\"></span>lativament<span class=\"_ _0\"></span>e <span class=\"_\"> </span>al <span class=\"_\"> </span>TFR<span class=\"_ _0\"></span> maturato al <span class=\"_ _0\"></span>31 dice<span class=\"_ _0\"></span>mbre 2006 <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>pertanto ri<span class=\"_ _0\"></span>entra tra <span class=\"_ _0\"></span>i piani pens<span class=\"_ _0\"></span>ionistici a <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>efici definit<span class=\"_ _0\"></span>i. Peraltro, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>se<span class=\"_ _0\"></span>guito <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>n<span class=\"_ _0\"></span>ovit\u00e0 <span class=\"_ _5\"></span>normative<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>introdotte<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _5\"></span>Finanziaria <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>07, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>TFR<span class=\"_ _0\"></span> \u201cmaturato\u201d <span class=\"_\"> </span>ante <span class=\"_\"> </span>1\u00b0 <span class=\"_\"> </span>gennaio <span class=\"_\"> </span>2007 <span class=\"_\"> </span>(o <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>di <span class=\"_\"> </span>effettuazione <span class=\"_\"> </span>della <span class=\"_\"> </span>scelta <span class=\"_\"> </span>nei <span class=\"_\"> </span>casi <span class=\"_\"> </span>di destinazione <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>forme <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>previdenza <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>plementare)<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>subisce <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levante <span class=\"_ _f\"> </span>variazione <span class=\"_ _f\"> </span>di calcolo <span class=\"_ _d\"></span>per <span class=\"_ _e\"> </span>effetto <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>veni<span class=\"_ _0\"></span>r <span class=\"_ _d\"></span>meno<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>delle <span class=\"_ _5\"> </span>ipotes<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>attuar<span class=\"_ _0\"></span>iali <span class=\"_ _5\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>egate agli incrementi sa<span class=\"_ _0\"></span>lariali. In <span class=\"_ _1\"> </span>part<span class=\"_ _0\"></span>icolare, <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>connessa <span class=\"_ _1\"> </span>al <span class=\"_\"> </span>\u201cTFR <span class=\"_\"> </span>maturato\u201d <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>valuta<span class=\"_ _0\"></span>ta <span class=\"_ _1\"> </span>uti<span class=\"_ _0\"></span>lizzando <span class=\"_\"> </span>tecniche attuariali <span class=\"_ _0\"></span>al 1 <span class=\"_ _0\"></span>gennai<span class=\"_ _0\"></span>o 2007<span class=\"_ _0\"></span> (o <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>di e<span class=\"_ _0\"></span>ffettuazi<span class=\"_ _0\"></span>one de<span class=\"_ _0\"></span>lla scelta <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>casi d<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>stinazi<span class=\"_ _0\"></span>one a <span class=\"_ _0\"></span>forme <span class=\"_ _0\"></span>di pr<span class=\"_ _0\"></span>evidenza <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plementare) <span class=\"_ _0\"></span>senza <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l pro-r<span class=\"_ _0\"></span>ata (<span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>serviz<span class=\"_ _0\"></span>io gi\u00e0<span class=\"_ _0\"></span> prestati/anni <span class=\"_ _3\"></span>complessivi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>servizio), <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quanto <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>benef<span class=\"_ _0\"></span>ici <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>pendenti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>utto <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>31 dicembre <span class=\"_ _3\"></span>2006 <span class=\"_ _3\"></span>(o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>casi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> previdenza c<span class=\"_ _0\"></span>omplement<span class=\"_ _0\"></span>are) <span class=\"_ _0\"></span>possono<span class=\"_ _0\"></span> essere <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>iderati <span class=\"_ _0\"></span>quasi <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _0\"></span>(con <span class=\"_ _0\"></span>la sola <span class=\"_ _5\"></span>eccezi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ivalu<span class=\"_ _0\"></span>tazione). <span class=\"_ _5\"> </span>Ne <span class=\"_ _e\"> </span>consegue <span class=\"_ _e\"> </span>che, <span class=\"_ _5\"> </span>ai <span class=\"_ _e\"> </span>fini <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>q<span class=\"_ _0\"></span>uesto <span class=\"_ _5\"></span>calc<span class=\"_ _0\"></span>olo, <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>current service <span class=\"_ _5\"></span>costs\u201d <span class=\"_ _5\"></span>relativi <span class=\"_ _d\"></span>alle <span class=\"_ _5\"></span>prestazioni <span class=\"_ _5\"></span>future <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>avoro <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>considerarsi<span class=\"_ _0\"></span> nulli <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _b\"> </span>ra<span class=\"_ _0\"></span>ppres<span class=\"_ _0\"></span>entati <span class=\"_ _b\"> </span>dai<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>versamenti<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>contr<span class=\"_ _0\"></span>ibutivi <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fondi <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>previde<span class=\"_ _0\"></span>nza integrativa o <span class=\"_ _0\"></span>al Fondo d<span class=\"_ _0\"></span>i Tesoreria del<span class=\"_ _0\"></span>l\u2019INPS. Benefici a brev<span class=\"_ _0\"></span>e termine I <span class=\"_ _f\"> </span>benefici <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>breve <span class=\"_ _f\"> </span>termine<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levati <span class=\"_ _f\"> </span>su <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>attualizzat<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>come costo nel momento <span class=\"_ _0\"></span>in cui vi<span class=\"_ _0\"></span>ene fornita la pres<span class=\"_ _0\"></span>tazione c<span class=\"_ _0\"></span>he d\u00e0 luog<span class=\"_ _0\"></span>o a tali benefic<span class=\"_ _0\"></span>i. Il Gr<span class=\"_ _0\"></span>uppo ri<span class=\"_ _0\"></span>leva u<span class=\"_ _0\"></span>na pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>prevede <span class=\"_ _0\"></span>dovr\u00e0 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere pa<span class=\"_ _0\"></span>gato <span class=\"_ _0\"></span>sotto <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a di compartec<span class=\"_ _0\"></span>ipazion<span class=\"_ _0\"></span>e agli u<span class=\"_ _0\"></span>tili e <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span>i di i<span class=\"_ _0\"></span>ncentivazione <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>un\u2019obbl<span class=\"_ _0\"></span>igazione <span class=\"_ _0\"></span>effettiva, legale <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>implicita, <span class=\"_ _d\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>effett<span class=\"_ _0\"></span>uare <span class=\"_ _3\"></span>t<span class=\"_ _0\"></span>ali <span class=\"_ _d\"></span>pagamenti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>conseguenz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>pas<span class=\"_ _0\"></span>sati <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>pu\u00f2 essere effettuat<span class=\"_ _0\"></span>a una st<span class=\"_ _0\"></span>ima attendibile dell<span class=\"_ _0\"></span>\u2019obbligazion<span class=\"_ _0\"></span>e. Imposte  La <span class=\"_ _5\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _e\"> </span>Vincenzo <span class=\"_ _e\"> </span>Zucchi <span class=\"_ _e\"> </span>S.p.A. <span class=\"_ _5\"> </span>ha<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>aderit<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>consolidato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>fisca<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>nazion<span class=\"_ _0\"></span>ale <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>il periodo <span class=\"_ _5\"></span>2<span class=\"_ _0\"></span>019-2021 <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>mondiale <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>il <span class=\"_ _5\"> </span>qua<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>verr\u00e0 <span class=\"_ _e\"> </span>rinnovata <span class=\"_ _e\"> </span>la <span class=\"_ _5\"></span>richiesta <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>ades<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l periodo <span class=\"_ _8\"> </span>2022-2024. <span class=\"_ _8\"> </span>Con <span class=\"_ _8\"> </span>tale <span class=\"_ _8\"> </span>sistem<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>tass<span class=\"_ _0\"></span>azione, <span class=\"_ _8\"> </span>gli <span class=\"_ _8\"> </span>imponibil<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _14\"> </span>di <span class=\"_ _8\"> </span>tutte <span class=\"_ _8\"> </span>le controllate <span class=\"_ _123\"> </span>residenti <span class=\"_ _123\"> </span>ed <span class=\"_ _123\"> </span>estere <span class=\"_ _123\"> </span>sono <span class=\"_ _123\"> </span>inclusi, <span class=\"_ _123\"> </span>integralmente <span class=\"_ _123\"> </span>nel <span class=\"_ _123\"> </span>primo <span class=\"_ _123\"> </span>caso, proporzionalmente <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"></span>per<span class=\"_ _0\"></span>centuale <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>possesso <span class=\"_ _5\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>econdo, <span class=\"_ _5\"> </span>nella <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>imponi<span class=\"_ _0\"></span>bile <span class=\"_ _5\"></span>della Capogruppo, ven<span class=\"_ _0\"></span>endosi co<span class=\"_ _0\"></span>s\u00ec a determinare <span class=\"_ _0\"></span>un unico redd<span class=\"_ _0\"></span>ito (perdita) i<span class=\"_ _0\"></span>mponibile. Le imposte d<span class=\"_ _0\"></span>ell\u2019esercizio rappr<span class=\"_ _0\"></span>esentano la s<span class=\"_ _0\"></span>omma dell<span class=\"_ _0\"></span>e imposte correnti<span class=\"_ _0\"></span> e differ<span class=\"_ _0\"></span>ite. Le <span class=\"_ _3\"></span>imposte <span class=\"_ _d\"></span>corrent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>basate <span class=\"_ _d\"></span>sul <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _d\"></span>imponibile <span class=\"_ _d\"></span>dell\u2019es<span class=\"_ _0\"></span>ercizio. <span class=\"_ _3\"></span>Il <span class=\"_ _d\"></span>redd<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>impon<span class=\"_ _0\"></span>ibile differisce <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _d\"></span>riport<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>conto <span class=\"_ _d\"></span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _d\"></span>poich\u00e9 <span class=\"_ _5\"></span>esclude <span class=\"_ _d\"></span>compone<span class=\"_ _0\"></span>nti <span class=\"_ _d\"></span>posit<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>e negativi <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>aranno <span class=\"_ _d\"></span>tas<span class=\"_ _0\"></span>sabili <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>deducibili <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>altri <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>ercizi <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>esc<span class=\"_ _0\"></span>lude <span class=\"_ _d\"></span>inoltre <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>oci <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>non saranno <span class=\"_ _3\"></span>mai <span class=\"_ _3\"></span>tassabili <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>deduc<span class=\"_ _0\"></span>ibili. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>imposte <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcol<span class=\"_ _0\"></span>ata <span class=\"_ _3\"></span>utilizzando le aliquote vi<span class=\"_ _0\"></span>genti o di fatto <span class=\"_ _0\"></span>vigenti alla d<span class=\"_ _0\"></span>ata del bila<span class=\"_ _0\"></span>ncio. Le <span class=\"_ _1\"> </span>imposte <span class=\"_ _1\"> </span>differite <span class=\"_ _1\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>imposte <span class=\"_ _1\"> </span>che <span class=\"_ _1\"> </span>ci <span class=\"_ _1\"> </span>si <span class=\"_\"> </span>a<span class=\"_ _2\"></span>spetta <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>pagare<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>recuperar<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>sulle differenze <span class=\"_ _5\"></span>tem<span class=\"_ _0\"></span>poranee <span class=\"_ _5\"></span>fra <span class=\"_ _5\"> </span>il <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>contabi<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>atti<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>bilancio <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>il corrispondente <span class=\"_\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fisc<span class=\"_ _0\"></span>ale <span class=\"_\"> </span>utilizzato <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_\"> </span>calcolo <span class=\"_ _a\"> </span>dell\u2019imponibile <span class=\"_\"> </span>fiscale, <span class=\"_\"> </span>con<span class=\"_ _0\"></span>tabilizzate secondo <span class=\"_ _0\"></span>liability <span class=\"_ _0\"></span>method. <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>fisca<span class=\"_ _0\"></span>li d<span class=\"_ _0\"></span>ifferite s<span class=\"_ _0\"></span>ono ge<span class=\"_ _0\"></span>neralmente<span class=\"_ _0\"></span> rilevate<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per t<span class=\"_ _0\"></span>utte le<span class=\"_ _0\"></span> differenze te<span class=\"_ _0\"></span>mporanee <span class=\"_ _0\"></span>imponibi<span class=\"_ _0\"></span>li, mentre <span class=\"_ _0\"></span>le at<span class=\"_ _0\"></span>tivit\u00e0 fisc<span class=\"_ _0\"></span>ali differit<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ono rilevate <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>misura in <span class=\"_ _10\"> </span>cui <span class=\"_ _10\"> </span>si <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>itenga <span class=\"_ _10\"> </span>proba<span class=\"_ _0\"></span>bile <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>vi <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>aranno <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isultati <span class=\"_ _10\"> </span>fiscali <span class=\"_ _10\"> </span>imp<span class=\"_ _0\"></span>onibili <span class=\"_ _10\"> </span>in <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>uturo <span class=\"_ _10\"> </span>che<span class=\"_ _0\"></span> consentiranno <span class=\"_ _5\"></span>l\u2019utilizzo <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>diff<span class=\"_ _0\"></span>erenze <span class=\"_ _d\"></span>temp<span class=\"_ _0\"></span>oranee <span class=\"_ _d\"></span>deduc<span class=\"_ _0\"></span>ibili. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>ali <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n sono <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>temp<span class=\"_ _0\"></span>oranee <span class=\"_ _3\"></span>derivano <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>avviamento <span class=\"_ _d\"></span>o <span class=\"_ _3\"></span>dall\u2019iscrizione <span class=\"_ _d\"></span>iniziale<span class=\"_ _0\"></span> (non <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>aggr<span class=\"_ _0\"></span>egazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>impr<span class=\"_ _0\"></span>ese) <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>che non hanno inf<span class=\"_ _0\"></span>luenza n\u00e9 sul <span class=\"_ _0\"></span>risultato contab<span class=\"_ _0\"></span>ile n\u00e9 sul risulta<span class=\"_ _0\"></span>to imponibi<span class=\"_ _0\"></span>le. Il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>carico<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fiscali <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ferite <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>rivist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>bilanci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ridotto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>nella misura <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>cui <span class=\"_ _b\"> </span>non<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>sia <span class=\"_ _b\"> </span>pi<span class=\"_ _0\"></span>\u00f9 <span class=\"_ _a\"> </span>probab<span class=\"_ _0\"></span>ile <span class=\"_ _b\"> </span>l\u2019esistenza <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>sufficienti <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>edditi <span class=\"_ _b\"> </span>imponib<span class=\"_ _0\"></span>ili <span class=\"_ _a\"> </span>t<span class=\"_ _0\"></span>ali <span class=\"_ _a\"> </span>da consentire in tutt<span class=\"_ _0\"></span>o o in part<span class=\"_ _0\"></span>e il recupero d<span class=\"_ _0\"></span>i tali attivit\u00e0. Le <span class=\"_ _f\"> </span>im<span class=\"_ _0\"></span>poste <span class=\"_ _f\"> </span>differ<span class=\"_ _0\"></span>ite <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>calcolate <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>base <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span>l\u2019aliquo<span class=\"_ _0\"></span>ta <span class=\"_ _f\"> </span>fiscale <span class=\"_ _1\"> </span>che <span class=\"_ _f\"> </span>ci<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>si <span class=\"_ _1\"> </span>aspetta <span class=\"_ _f\"> </span>sar\u00e0<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>in vigore <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>momento <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>realizzo <span class=\"_ _1\"> </span>del<span class=\"_ _0\"></span>l\u2019attivit\u00e0 <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>dell\u2019es<span class=\"_ _0\"></span>tinzione <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>passivit\u00e0<span class=\"_ _0\"></span>. <span class=\"_ _1\"> </span>Le <span class=\"_ _1\"> </span>imposte differite <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>imputate<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dir<span class=\"_ _0\"></span>ettamente<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al <span class=\"_ _d\"></span>cont<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>econo<span class=\"_ _0\"></span>mico, <span class=\"_ _d\"></span>ad <span class=\"_ _d\"></span>eccezion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _d\"></span>a voci <span class=\"_\"> </span>rilevate <span class=\"_\"> </span>direttamen<span class=\"_ _0\"></span>te <span class=\"_\"> </span>a <span class=\"_\"> </span>patrimonio <span class=\"_\"> </span>netto, <span class=\"_\"> </span>nel <span class=\"_\"> </span>qual <span class=\"_\"> </span>caso <span class=\"_\"> </span>anche<span class=\"_ _0\"></span> <span class=\"_\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>relative <span class=\"_\"> </span>impost<span class=\"_ _0\"></span>e differite sono anc<span class=\"_ _0\"></span>h\u2019esse im<span class=\"_ _0\"></span>putate al p<span class=\"_ _0\"></span>atrimonio netto.<span class=\"_ _0\"></span> Le <span class=\"_ _1\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>p<span class=\"_ _2\"></span>assivit\u00e0 <span class=\"_ _1\"> </span>f<span class=\"_ _0\"></span>iscali <span class=\"_ _1\"> </span>differite <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>compe<span class=\"_ _0\"></span>nsate <span class=\"_ _1\"> </span>quando <span class=\"_ _1\"> </span>vi <span class=\"_\"> </span>\u00e8 <span class=\"_ _f\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>diritto<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>legale <span class=\"_ _1\"> </span>a compensare <span class=\"_ _3\"></span>le i<span class=\"_ _0\"></span>mposte <span class=\"_ _3\"></span>correnti <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>passive <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>quando <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riferiscono <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>imposte <span class=\"_ _3\"></span>dovute alla <span class=\"_ _d\"></span>medesima <span class=\"_ _5\"></span>autorit\u00e0 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>iscale <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>ntende <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>iquidare <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _5\"></span>passi<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _d\"></span>fiscali correnti su base n<span class=\"_ _0\"></span>etta.<span class=\"_ _0\"></span> Ricavi  Vendita di m<span class=\"_ _0\"></span>erci I ricavi<span class=\"_ _0\"></span> dalla <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita di <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci sono<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alutati <span class=\"_ _0\"></span>al f<span class=\"_ _0\"></span>air <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>del corr<span class=\"_ _0\"></span>ispettivo <span class=\"_ _0\"></span>ricev<span class=\"_ _0\"></span>uto o<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>spettante tenendo <span class=\"_ _d\"></span>conto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>ev<span class=\"_ _0\"></span>entuali <span class=\"_ _d\"></span>resi, <span class=\"_ _d\"></span>abb<span class=\"_ _0\"></span>uoni, <span class=\"_ _d\"></span>sconti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>merciali <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>prem<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>legati <span class=\"_ _d\"></span>alla<span class=\"_ _0\"></span> qualit\u00e0. I <span class=\"_ _0\"></span>ricavi sono <span class=\"_ _0\"></span>rilevat<span class=\"_ _0\"></span>i quando <span class=\"_ _0\"></span>il co<span class=\"_ _0\"></span>ntrollo dei be<span class=\"_ _0\"></span>ni \u00e8 <span class=\"_ _0\"></span>trasferito all\u2019ac<span class=\"_ _0\"></span>quirente, <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>la recuperabilit\u00e0 <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>orrispet<span class=\"_ _0\"></span>tivo <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>probabile, <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>rel<span class=\"_ _0\"></span>ativi <span class=\"_ _f\"> </span>costi <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>l\u2019eventuale <span class=\"_ _f\"> </span>restituzi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle merci possono<span class=\"_ _0\"></span> essere sti<span class=\"_ _0\"></span>mati atte<span class=\"_ _0\"></span>ndibilmente, <span class=\"_ _0\"></span>e se la <span class=\"_ _0\"></span>direzione smett<span class=\"_ _0\"></span>e di es<span class=\"_ _0\"></span>ercitare il live<span class=\"_ _0\"></span>llo continuativo d<span class=\"_ _0\"></span>i attivit\u00e0 solit<span class=\"_ _0\"></span>amente assoc<span class=\"_ _0\"></span>iate con la<span class=\"_ _0\"></span> propriet\u00e0 de<span class=\"_ _0\"></span>lla merce v<span class=\"_ _0\"></span>enduta. Vendita di serv<span class=\"_ _0\"></span>izi I <span class=\"_ _0\"></span>ricav<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>prestaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vizi <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rilevati <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>allo <span class=\"_ _3\"></span>stato di avanzamento<span class=\"_ _0\"></span> della prestaz<span class=\"_ _0\"></span>ione alla data d<span class=\"_ _0\"></span>i riferimen<span class=\"_ _0\"></span>to del bilanci<span class=\"_ _0\"></span>o. Lo stato d<span class=\"_ _0\"></span>i avanzamento viene v<span class=\"_ _0\"></span>alutato sull<span class=\"_ _0\"></span>a base delle misur<span class=\"_ _0\"></span>azioni del <span class=\"_ _0\"></span>lavoro svolto.<span class=\"_ _0\"></span> Proventi e oner<span class=\"_ _0\"></span>i finanziari I <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>oventi <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>compr<span class=\"_ _0\"></span>endono <span class=\"_ _f\"> </span>gli <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>nteressi <span class=\"_ _f\"> </span>attivi <span class=\"_ _f\"> </span>sulla <span class=\"_ _f\"> </span>liquidit\u00e0 <span class=\"_ _f\"> </span>investita <span class=\"_ _f\"> </span>(comprese <span class=\"_ _f\"> </span>le attivit\u00e0 <span class=\"_\"> </span>finanziarie <span class=\"_\"> </span>disponibili <span class=\"_\"> </span>p<span class=\"_ _2\"></span>er <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>vendita), <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>divide<span class=\"_ _0\"></span>ndi <span class=\"_ _1\"> </span>attiv<span class=\"_ _0\"></span>i, <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>proventi <span class=\"_\"> </span>derivanti <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>alla vendita <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>strumenti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>copertura rilevati <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econ<span class=\"_ _0\"></span>omico. <span class=\"_ _14\"> </span>G<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _14\"> </span>attiv<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _14\"> </span>rilevat<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _14\"> </span>per<span class=\"_ _0\"></span> competenza <span class=\"_\"> </span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_\"> </span>il <span class=\"_\"> </span>metodo <span class=\"_\"> </span>dell\u2019inter<span class=\"_ _0\"></span>esse <span class=\"_\"> </span>effet<span class=\"_ _0\"></span>tivo. <span class=\"_\"> </span>I <span class=\"_\"> </span>dividendi <span class=\"_\"> </span>attivi <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_\"> </span>rilevati quando <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>tabilisce <span class=\"_ _1\"> </span>il <span class=\"_ _f\"> </span>diritto <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>Gruppo <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ricevere <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>pagament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>che, <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>titoli<span class=\"_ _0\"></span> quotati, corr<span class=\"_ _0\"></span>isponde alla d<span class=\"_ _0\"></span>ata di stacco c<span class=\"_ _0\"></span>edola. Gli <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _5\"></span>compre<span class=\"_ _0\"></span>ndono <span class=\"_ _5\"></span>gli <span class=\"_ _5\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _5\"></span>pass<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>sui <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _5\"></span>calcolat<span class=\"_ _0\"></span>i, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>rilasci<span class=\"_ _0\"></span>o dell\u2019attualizz<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fondi,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lue d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue rilevato a<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>o eco<span class=\"_ _0\"></span>nomico; le <span class=\"_ _0\"></span>perdite<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> attivit\u00e0<span class=\"_ _0\"></span> finanz<span class=\"_ _0\"></span>iarie s<span class=\"_ _0\"></span>ono ri<span class=\"_ _0\"></span>levati a<span class=\"_ _0\"></span> conto economico uti<span class=\"_ _0\"></span>lizzando il metodo <span class=\"_ _0\"></span>dell\u2019interesse <span class=\"_ _0\"></span>effettivo.<span class=\"_ _0\"></span> Dividendi I dividendi d<span class=\"_ _0\"></span>eliberati sono r<span class=\"_ _0\"></span>iconosc<span class=\"_ _0\"></span>iuti come d<span class=\"_ _0\"></span>ebito verso i soc<span class=\"_ _0\"></span>i al m<span class=\"_ _0\"></span>omento della <span class=\"_ _0\"></span>delibera di<span class=\"_ _0\"></span> distribuzione.<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>Inoltre,<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>ess<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>engono <span class=\"_ _9\"> </span>registrat<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>quando <span class=\"_ _9\"> </span>sorge <span class=\"_ _9\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>dirit<span class=\"_ _0\"></span>to <span class=\"_ _8\"> </span>all\u2019inc<span class=\"_ _0\"></span>asso <span class=\"_ _9\"> </span>che normalmente c<span class=\"_ _0\"></span>oincide con la de<span class=\"_ _0\"></span>libera ass<span class=\"_ _0\"></span>embleare di distribuz<span class=\"_ _0\"></span>ione dei divide<span class=\"_ _0\"></span>ndi. Conversione d<span class=\"_ _0\"></span>elle poste in <span class=\"_ _0\"></span>valuta estera Il <span class=\"_ _d\"></span>bilancio <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>pres<span class=\"_ _0\"></span>entato <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>Euro, <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>valuta <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>unzionale <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>presentazi<span class=\"_ _0\"></span>one adottata. Le <span class=\"_ _0\"></span>transaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>valuta <span class=\"_ _3\"></span>estera <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>rilev<span class=\"_ _0\"></span>ate, <span class=\"_ _0\"></span>iniz<span class=\"_ _0\"></span>ialmente, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>tass<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>cambio <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _3\"></span>all<span class=\"_ _2\"></span>a data dell\u2019oper<span class=\"_ _0\"></span>azione. Le differe<span class=\"_ _0\"></span>nze cambi<span class=\"_ _0\"></span>o realiz<span class=\"_ _0\"></span>zate nel c<span class=\"_ _0\"></span>orso del<span class=\"_ _0\"></span>l\u2019esercizio, <span class=\"_ _0\"></span>in occas<span class=\"_ _0\"></span>ione del<span class=\"_ _0\"></span>l\u2019incasso <span class=\"_ _0\"></span>dei cred<span class=\"_ _0\"></span>iti e del pagamen<span class=\"_ _0\"></span>to dei debiti i<span class=\"_ _0\"></span>n valuta estera, s<span class=\"_ _0\"></span>ono iscritte <span class=\"_ _0\"></span>a conto econo<span class=\"_ _0\"></span>mico. Alla <span class=\"_ _0\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _3\"></span>dell\u2019esercizio, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>monetarie <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nominate <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>valut<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>estera, sono riconvert<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>nella valut<span class=\"_ _0\"></span>a funziona<span class=\"_ _0\"></span>le di <span class=\"_ _0\"></span>riferimento <span class=\"_ _0\"></span>al tass<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i cambio <span class=\"_ _0\"></span>in es<span class=\"_ _0\"></span>sere alla <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a di <span class=\"_\"> </span>chiusura <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_\"> </span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_\"> </span>registran<span class=\"_ _0\"></span>do <span class=\"_\"> </span>a <span class=\"_\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_\"> </span>econo<span class=\"_ _0\"></span>mico <span class=\"_\"> </span>l\u2019eventua<span class=\"_ _0\"></span>le <span class=\"_\"> </span>differenz<span class=\"_ _0\"></span>a <span class=\"_\"> </span>cambio<span class=\"_ _0\"></span> rilevata. Le <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>monetarie, <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utate <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>torico <span class=\"_ _3\"></span>in v<span class=\"_ _0\"></span>aluta <span class=\"_ _0\"></span>estera, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>convert<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>usando <span class=\"_ _3\"></span>i tassi <span class=\"_ _5\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ambio <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>vigore <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>iniziale <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ilevazione <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>ansazione.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Le <span class=\"_ _e\"> </span>poste <span class=\"_ _5\"> </span>no<span class=\"_ _0\"></span>n monetarie <span class=\"_ _3\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>equo <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>valuta <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tera <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>convertite <span class=\"_ _0\"></span>usando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>io alla data di <span class=\"_ _0\"></span>determinazione <span class=\"_ _0\"></span>di tale valore.<span class=\"_ _0\"></span> Attivit\u00e0 e passivi<span class=\"_ _0\"></span>t\u00e0 finanziar<span class=\"_ _0\"></span>ie Al <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>omento<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ua <span class=\"_ _e\"> </span>rilevaz<span class=\"_ _0\"></span>ione <span class=\"_ _e\"> </span>iniziale, <span class=\"_ _e\"> </span>un\u2019attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanziaria <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>rientra<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>nel<span class=\"_ _0\"></span>l\u2019ambito <span class=\"_ _e\"> </span>di applicazione <span class=\"_ _d\"></span>dell\u2019IFRS <span class=\"_ _d\"></span>9 <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>classificat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>una <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>seguenti <span class=\"_ _d\"></span>tre <span class=\"_ _3\"></span>cat<span class=\"_ _0\"></span>egorie <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>sua<span class=\"_ _0\"></span> valutazione:<span class=\"_ _0\"></span> 1. <span class=\"_ _6a\"> </span>attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie valutat<span class=\"_ _0\"></span>e al costo am<span class=\"_ _0\"></span>mortizzato;<span class=\"_ _0\"></span> 2. <span class=\"_ _6a\"> </span>attivit\u00e0 <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ie <span class=\"_ _b\"> </span>va<span class=\"_ _0\"></span>lutate <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _14\"> </span>rilevato <span class=\"_ _14\"> </span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _b\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omponenti <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>conto<span class=\"_ _0\"></span> economico compl<span class=\"_ _0\"></span>essivo (F<span class=\"_ _0\"></span>VOCI); 3. <span class=\"_ _6a\"> </span>attivit\u00e0 <span class=\"_ _11\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _11\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_ _13\"> </span>al <span class=\"_ _11\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _11\"> </span>value <span class=\"_ _11\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _13\"> </span>nell\u2019utile/(perdita) <span class=\"_ _13\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio (FVTPL). La <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificazione <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>atti<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>tre<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>categ<span class=\"_ _0\"></span>orie <span class=\"_ _d\"></span>sud<span class=\"_ _0\"></span>dette <span class=\"_ _5\"></span>dip<span class=\"_ _0\"></span>ende <span class=\"_ _d\"></span>dal<span class=\"_ _0\"></span> modello <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>busines<span class=\"_ _0\"></span>s <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _9\"> </span>Societ\u00e0 <span class=\"_ _9\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>delle <span class=\"_ _10\"> </span>attivit\u00e0 <span class=\"_ _8\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _10\"> </span>e <span class=\"_ _8\"> </span>dal<span class=\"_ _0\"></span>le caratteristiche d<span class=\"_ _0\"></span>ei flussi finanz<span class=\"_ _0\"></span>iari contrattua<span class=\"_ _0\"></span>li dell\u2019attivi<span class=\"_ _0\"></span>t\u00e0 finanziaria.<span class=\"_ _0\"></span> Le <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziarie <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>riclas<span class=\"_ _0\"></span>sificate <span class=\"_ _d\"></span>successivamen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>loro <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevazione <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>niziale,<span class=\"_ _0\"></span> salvo <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>modific<span class=\"_ _0\"></span>hi <span class=\"_ _5\"></span>il <span class=\"_ _e\"> </span>proprio <span class=\"_ _e\"> </span>modello <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>business <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _e\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 finanziarie. <span class=\"_ _f\"> </span>In <span class=\"_ _f\"> </span>tal <span class=\"_ _f\"> </span>caso,<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>tutte <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _f\"> </span>finanziarie <span class=\"_ _f\"> </span>int<span class=\"_ _0\"></span>eressate <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>ricl<span class=\"_ _0\"></span>assificate <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>prim<span class=\"_ _0\"></span>o giorno del prim<span class=\"_ _0\"></span>o esercizio s<span class=\"_ _0\"></span>uccessivo alla m<span class=\"_ _0\"></span>odifica del m<span class=\"_ _0\"></span>odello di busin<span class=\"_ _0\"></span>ess. 1. Attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie valutat<span class=\"_ _0\"></span>e al costo a<span class=\"_ _0\"></span>mmortizzato In <span class=\"_ _d\"></span>questa <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _5\"></span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificate <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>stite <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>base <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>model<span class=\"_ _0\"></span>lo <span class=\"_ _d\"></span>di business <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>cui <span class=\"_ _5\"></span>ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>poss<span class=\"_ _0\"></span>esso <span class=\"_ _d\"></span>dell\u2019<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _d\"></span>fi<span class=\"_ _0\"></span>nanziaria <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>fine <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>ncassare<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _5\"></span>di cassa <span class=\"_ _1\"> </span>contrattual<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>siano <span class=\"_ _1\"> </span>rappresentat<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>esclusiva<span class=\"_ _0\"></span>mente <span class=\"_ _1\"> </span>da <span class=\"_ _1\"> </span>pagamenti <span class=\"_ _1\"> </span>del <span class=\"_\"> </span>capitale <span class=\"_ _f\"> </span>e degli interessi matur<span class=\"_ _0\"></span>ati sul <span class=\"_ _0\"></span>capitale. Tali <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>valutate <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>costo <span class=\"_ _5\"></span>ammortizzato,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>tasso <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>ef<span class=\"_ _0\"></span>fettivo. Gli <span class=\"_ _f\"> </span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>tale<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>misuraz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _f\"> </span>rilevat<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>conto <span class=\"_ _1\"> </span>economico<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>tra <span class=\"_ _1\"> </span>i <span class=\"_ _f\"> </span>prove<span class=\"_ _0\"></span>nti <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>neri finanziari. <span class=\"_ _3\"></span>Tali <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>inoltre <span class=\"_ _3\"></span>soggette <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>modello<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mpairment <span class=\"_ _3\"></span>desc<span class=\"_ _0\"></span>ritto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>paragrafo Crediti iscritti n<span class=\"_ _0\"></span>ell\u2019attivo c<span class=\"_ _0\"></span>orrente (attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie non<span class=\"_ _0\"></span> derivate)<span class=\"ff3\">.<span class=\"_ _0\"></span> </span>2. <span class=\"_ _8\"> </span>Attivit\u00e0 <span class=\"_ _8\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _9\"> </span>valutate <span class=\"_ _8\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>fair <span class=\"_ _8\"> </span>va<span class=\"_ _0\"></span>lue <span class=\"_ _8\"> </span>rilevat<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>nelle <span class=\"_ _9\"> </span>altre <span class=\"_ _8\"> </span>compone<span class=\"_ _0\"></span>nti <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>conto economico compl<span class=\"_ _0\"></span>essivo (F<span class=\"_ _0\"></span>VOCI)<span class=\"_ _0\"></span> In <span class=\"_ _d\"></span>questa <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _5\"></span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificate <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>stite <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>base <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>model<span class=\"_ _0\"></span>lo <span class=\"_ _d\"></span>di business <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>biettivo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>raggiunto <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>l\u2019incas<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratt<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> la <span class=\"_ _3\"></span>vendita <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>flus<span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>assa <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>esclusivament<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>da pagamenti <span class=\"_ _11\"> </span>del <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>apitale <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>degli <span class=\"_ _11\"> </span>interess<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>maturat<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>ul <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>apitale. <span class=\"_ _11\"> </span>Come <span class=\"_ _11\"> </span>la <span class=\"_ _10\"> </span>categ<span class=\"_ _0\"></span>oria precedente, <span class=\"_ _1\"> </span>anche <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>finanzi<span class=\"_ _0\"></span>arie <span class=\"_ _f\"> </span>valutate <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>FVOCI <span class=\"_ _1\"> </span>sono <span class=\"_ _f\"> </span>sogg<span class=\"_ _0\"></span>ette <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>odello <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> impairment <span class=\"_ _5\"></span>descritto<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>paragrafo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span><span class=\"ff4\">Cred<span class=\"_ _0\"></span>iti <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ell\u2019attivo <span class=\"_ _5\"></span>corrente <span class=\"_ _5\"></span>(attivit\u00e0 <span class=\"_ _5\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n </span>derivate)<span class=\"ff3\">. </span>Tali <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>valutate <span class=\"_ _f\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _e\"> </span>value <span class=\"_ _e\"> </span>e <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>eventuali <span class=\"_ _e\"> </span>variazioni <span class=\"_ _f\"> </span>successive <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>fair <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lue vengono rilevat<span class=\"_ _0\"></span>e nelle altre c<span class=\"_ _0\"></span>omponenti di c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico complessivo.<span class=\"_ _0\"></span> 3. Attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie valutat<span class=\"_ _0\"></span>e al fair value ri<span class=\"_ _0\"></span>levato nell\u2019ut<span class=\"_ _0\"></span>ile/(perdita) <span class=\"_ _0\"></span>dell\u2019esercizio (<span class=\"_ _0\"></span>FVTPL) Sono classificate<span class=\"_ _0\"></span> in questa <span class=\"_ _0\"></span>categoria le a<span class=\"_ _0\"></span>ttivit\u00e0 finanz<span class=\"_ _0\"></span>iarie che:  (i) <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>uno <span class=\"_ _f\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>capita<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>sod<span class=\"_ _0\"></span>disfa <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>cl<span class=\"_ _0\"></span>assificazione <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>osto ammortizzato e a<span class=\"_ _0\"></span>l FVOCI; <span class=\"_ _0\"></span> (ii) <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>una<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>partec<span class=\"_ _0\"></span>ipazione <span class=\"_ _5\"></span>in <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>capit<span class=\"_ _0\"></span>ale <span class=\"_ _d\"></span>che <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>sua<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevazion<span class=\"_ _0\"></span>e iniziale al FVOC<span class=\"_ _0\"></span>I;  (iii) <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>uno<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>deb<span class=\"_ _0\"></span>ito <span class=\"_ _a\"> </span>che, <span class=\"_ _a\"> </span>alla <span class=\"_ _b\"> </span>rilevazion<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>iniziale, <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _b\"> </span>stato <span class=\"_ _b\"> </span>irrevocabilmente<span class=\"_ _0\"></span> designato al FVT<span class=\"_ _0\"></span>PL (fair va<span class=\"_ _0\"></span>lue option \u201cF<span class=\"_ _0\"></span>VO\u201d). Tali <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>misurate<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>le <span class=\"_ _5\"> </span>ev<span class=\"_ _0\"></span>entuali <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ariazioni <span class=\"_ _e\"> </span>successive <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>fair <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alue vengono <span class=\"_\"> </span>rilevate <span class=\"_\"> </span>a <span class=\"_\"> </span>conto <span class=\"_\"> </span>economico <span class=\"_\"> </span>tra <span class=\"_\"> </span>i <span class=\"_\"> </span>proventi <span class=\"_\"> </span>e <span class=\"_\"> </span>gli <span class=\"_\"> </span>oneri <span class=\"_\"> </span>finanziari. <span class=\"_\"> </span>Come <span class=\"_\"> </span>per <span class=\"_\"> </span>le categorie <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ecedenti, <span class=\"_ _a\"> </span>anche <span class=\"_\"> </span>le <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_\"> </span>al <span class=\"_\"> </span>F<span class=\"_ _0\"></span>VTPL <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_\"> </span>s<span class=\"_ _0\"></span>oggette <span class=\"_ _a\"> </span>al modello <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>impairment <span class=\"_ _a\"> </span>descritto <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>paragr<span class=\"_ _0\"></span>afo <span class=\"_ _a\"> </span><span class=\"ff4\">Crediti <span class=\"_ _a\"> </span>iscritti <span class=\"_ _a\"> </span>nell\u2019attivo <span class=\"_ _a\"> </span>corrente <span class=\"_ _a\"> </span>(attivit\u00e0 </span>finanziarie n<span class=\"_ _0\"></span>on derivate)<span class=\"ff3\">.<span class=\"_ _0\"></span> </span>Gli <span class=\"_ _3\"></span>strument<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>deriva<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>vengono <span class=\"_ _d\"></span>inclusi <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>ques<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>categor<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>men<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>iano <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignati come strument<span class=\"_ _0\"></span>i copertura (<span class=\"_ _0\"></span>hedge instrume<span class=\"_ _0\"></span>nts). Le <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificate <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>valutate <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>FVTPL<span class=\"_ _0\"></span>. Una <span class=\"_ _10\"> </span>passivit\u00e0 <span class=\"_ _11\"> </span>finanziaria <span class=\"_ _10\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _10\"> </span>classific<span class=\"_ _0\"></span>ata <span class=\"_ _10\"> </span>al <span class=\"_ _10\"> </span>FVT<span class=\"_ _0\"></span>PL <span class=\"_ _10\"> </span>quando <span class=\"_ _10\"> </span>\u00e8 <span class=\"_ _11\"> </span>posseduta <span class=\"_ _10\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>la negoziazione, <span class=\"_ _9\"> </span>rappresenta<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>un <span class=\"_ _8\"> </span>derivato <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _8\"> </span>des<span class=\"_ _0\"></span>ignata <span class=\"_ _8\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _8\"> </span>ta<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>momento <span class=\"_ _9\"> </span>della rilevazione iniziale.<span class=\"_ _0\"></span> Le <span class=\"_\"> </span>attivit\u00e0 <span class=\"_\"> </span>e <span class=\"_\"> </span>le <span class=\"_\"> </span>passivit\u00e0 <span class=\"_\"> </span>finanziarie <span class=\"_\"> </span>dete<span class=\"_ _0\"></span>nute <span class=\"_\"> </span>dal <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>consistono <span class=\"_\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_\"> </span>in disponibilit\u00e0 <span class=\"_ _3\"></span>liquide <span class=\"_ _3\"></span>(cassa <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>depositi <span class=\"_ _3\"></span>bancari),<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>commerciali, <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>bancari <span class=\"_ _3\"></span>e altre passivit<span class=\"_ _0\"></span>\u00e0 finanziarie, a<span class=\"_ _0\"></span>ltre attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie corr<span class=\"_ _0\"></span>enti e non corr<span class=\"_ _0\"></span>enti. Gli <span class=\"_\"> </span>amminis<span class=\"_ _0\"></span>tratori <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _a\"> </span>hanno <span class=\"_\"> </span>rivisto <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>valutat<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _a\"> </span>del Gruppo <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _0\"></span>di I<span class=\"_ _0\"></span>FRS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>(1 <span class=\"_ _0\"></span>gennaio <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>018) s<span class=\"_ _0\"></span>ulla ba<span class=\"_ _0\"></span>se de<span class=\"_ _0\"></span>i fatti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>delle <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ircostanze <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>essere <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>tale <span class=\"_ _5\"></span>data <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>concl<span class=\"_ _0\"></span>uso <span class=\"_ _5\"></span>che <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"></span>finanziarie<span class=\"_ _0\"></span> classificate <span class=\"_ _5\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>crediti <span class=\"_ _5\"></span> <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>allo <span class=\"_ _5\"></span>IAS <span class=\"_ _5\"></span>39<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>erano <span class=\"_ _5\"></span>valut<span class=\"_ _0\"></span>ate <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>osto ammortizzato <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontinua<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>d <span class=\"_ _5\"></span>essere <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_ _e\"> </span>al <span class=\"_ _5\"></span>costo <span class=\"_ _e\"> </span>ammortizzato <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>all\u2019IF<span class=\"_ _0\"></span>RS <span class=\"_ _5\"></span>9 <span class=\"_ _e\"> </span>in quanto <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>ge<span class=\"_ _2\"></span>stite <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>un <span class=\"_ _a\"> </span>modello <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>b<span class=\"_ _0\"></span>usiness <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>obiettivo <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>possesso dell\u2019attivit\u00e0 <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>inanziaria <span class=\"_ _10\"> </span>al <span class=\"_ _11\"> </span>fine <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>incass<span class=\"_ _0\"></span>are <span class=\"_ _10\"> </span>i <span class=\"_ _10\"> </span>flussi <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>cas<span class=\"_ _0\"></span>sa <span class=\"_ _10\"> </span>contrattua<span class=\"_ _0\"></span>li <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>siano<span class=\"_ _0\"></span> rappresentati <span class=\"_ _a\"> </span>esclusivamente <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>pagamenti <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _a\"> </span>interessi <span class=\"_ _a\"> </span>maturati <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span> capitale. Determinazion<span class=\"_ _0\"></span>e del fair val<span class=\"_ _0\"></span>ue L\u2019IFRS <span class=\"_ _1\"> </span>13 <span class=\"_\"> </span>definisce <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>me <span class=\"_\"> </span>il <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>ezzo <span class=\"_\"> </span>che <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>percepire<span class=\"_ _0\"></span>bbe <span class=\"_ _1\"> </span>per <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>vendita <span class=\"_ _1\"> </span>di<span class=\"_ _0\"></span> un\u2019attivit\u00e0 <span class=\"_ _5\"></span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _5\"></span>che <span class=\"_ _e\"> </span>si <span class=\"_ _5\"></span>pagher<span class=\"_ _0\"></span>ebbe <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>trasf<span class=\"_ _0\"></span>erimento <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _5\"></span>in <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>rego<span class=\"_ _0\"></span>lare operazione tra o<span class=\"_ _0\"></span>peratori di m<span class=\"_ _0\"></span>ercato alla d<span class=\"_ _0\"></span>ata di valutaz<span class=\"_ _0\"></span>ione.  L\u2019IFRS <span class=\"_ _a\"> </span>13 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>tabilisce<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>una <span class=\"_ _a\"> </span>gerarch<span class=\"_ _0\"></span>ia <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>cl<span class=\"_ _0\"></span>assifica <span class=\"_ _b\"> </span>in <span class=\"_ _a\"> </span>livelli <span class=\"_ _b\"> </span>gli <span class=\"_ _a\"> </span>input <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>tecniche <span class=\"_ _b\"> </span>di valutazione <span class=\"_ _3\"></span>adottat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>surare <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value. <span class=\"_ _0\"></span>I <span class=\"_ _3\"></span>livell<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evisti, <span class=\"_ _3\"></span>esposti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ordine <span class=\"_ _3\"></span>gerarchico,<span class=\"_ _0\"></span> sono i seguent<span class=\"_ _0\"></span>i: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello <span class=\"_ _d\"></span>1: <span class=\"_ _d\"></span>quotazi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _d\"></span>su <span class=\"_ _3\"></span>un <span class=\"_ _d\"></span>mercato <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivo <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>attivit\u00e0 <span class=\"_ _d\"></span>o <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _d\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>di </span>valutazione;<span class=\"_ _0\"></span> \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello <span class=\"_ _d6\"> </span>2: <span class=\"_ _12\"> </span>tecniche <span class=\"_ _12\"> </span>valutative <span class=\"_ _12\"> </span>basat<span class=\"_ _0\"></span>e <span class=\"_ _12\"> </span>su <span class=\"_ _12\"> </span>dati <span class=\"_ _12\"> </span>di <span class=\"_ _12\"> </span>mercato <span class=\"_ _12\"> </span>d<span class=\"_ _0\"></span>irettamente <span class=\"_ _d6\"> </span>o </span>indirettamente <span class=\"_ _0\"></span>osservabili; \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello 3:<span class=\"_ _0\"></span> tecnich<span class=\"_ _0\"></span>e valutative<span class=\"_ _0\"></span> non basate s<span class=\"_ _0\"></span>u dati di merc<span class=\"_ _0\"></span>ato osservab<span class=\"_ _0\"></span>ili. </span>Cancellazion<span class=\"_ _0\"></span>e di attivit\u00e0 e <span class=\"_ _0\"></span>passivit\u00e0 fina<span class=\"_ _0\"></span>nziarie Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _0\"></span>(o, <span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>applicab<span class=\"_ _0\"></span>ile, <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziaria <span class=\"_ _3\"></span>o parte <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>grupp<span class=\"_ _0\"></span>o di attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie simili) <span class=\"_ _0\"></span>viene cancellat<span class=\"_ _0\"></span>a dal bilanci<span class=\"_ _0\"></span>o quando: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>i d<span class=\"_ _0\"></span>iritti a ricev<span class=\"_ _0\"></span>ere flussi fina<span class=\"_ _0\"></span>nziari dall\u2019attivit\u00e0<span class=\"_ _0\"></span> sono estinti;<span class=\"_ _0\"></span> </span>\uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>la <span class=\"_ _5\"></span>societ\u00e0 <span class=\"_ _5\"></span>conserva <span class=\"_ _5\"> </span>il <span class=\"_ _5\"></span>diritto <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>icevere <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>ll\u2019attivit\u00e0, <span class=\"_ _5\"></span>ma <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>as<span class=\"_ _0\"></span>sunto </span>l\u2019obbligo contrattu<span class=\"_ _0\"></span>ale di c<span class=\"_ _0\"></span>orrisponderli intera<span class=\"_ _0\"></span>mente e se<span class=\"_ _0\"></span>nza ritardi a<span class=\"_ _0\"></span> una terza parte<span class=\"_ _0\"></span>; \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>la <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0<span class=\"_ _0\"></span> <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>trasferito <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>diritto <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>ricevere <span class=\"_ _a\"> </span>flussi <span class=\"_\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_\"> </span>d<span class=\"_ _0\"></span>all\u2019attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>(i) <span class=\"_ _a\"> </span>ha </span>trasferito <span class=\"_ _10\"> </span>sos<span class=\"_ _0\"></span>tanzialmente<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>tutti <span class=\"_ _10\"> </span>i <span class=\"_ _11\"> </span>risch<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>e <span class=\"_ _10\"> </span>ben<span class=\"_ _0\"></span>efici <span class=\"_ _11\"> </span>della <span class=\"_ _10\"> </span>propr<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _10\"> </span>dell\u2019<span class=\"_ _0\"></span>attivit\u00e0 finanziaria <span class=\"_ _3\"></span>oppure <span class=\"_ _3\"></span>(ii) <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>n\u00e9 <span class=\"_ _3\"></span>trattenuto <span class=\"_ _3\"></span>sos<span class=\"_ _0\"></span>tanzialmente <span class=\"_ _3\"></span>tutti <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>e benefici dell\u2019att<span class=\"_ _0\"></span>ivit\u00e0, ma ha <span class=\"_ _0\"></span>trasferito il<span class=\"_ _0\"></span> controllo de<span class=\"_ _0\"></span>lla stess<span class=\"_ _0\"></span>a. Nei <span class=\"_ _d\"></span>casi <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>societ\u00e0 <span class=\"_ _5\"></span>abbia <span class=\"_ _5\"></span>trasferito <span class=\"_ _5\"></span>i <span class=\"_ _5\"></span>diritti <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>rice<span class=\"_ _0\"></span>vere <span class=\"_ _d\"></span>fluss<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>fina<span class=\"_ _0\"></span>nziari <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>un\u2019<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _d\"></span>e non <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>bbia <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>asferito <span class=\"_ _e\"> </span>n\u00e9 <span class=\"_ _e\"> </span>trattenuto <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ostanz<span class=\"_ _0\"></span>ialmente <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _5\"></span>rischi <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>benefici <span class=\"_ _5\"> </span>o <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>abbia perso <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollo <span class=\"_ _3\"></span>sulla <span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span>sa, <span class=\"_ _0\"></span>l\u2019att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>viene <span class=\"_ _3\"></span>rilevata <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>societ\u00e0,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>misura<span class=\"_ _0\"></span> del suo coinvolgi<span class=\"_ _0\"></span>mento resi<span class=\"_ _0\"></span>duo dell\u2019attivit\u00e0 stes<span class=\"_ _0\"></span>sa. Una <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziaria <span class=\"_ _a\"> </span>viene <span class=\"_ _a\"> </span>can<span class=\"_ _2\"></span>cellat<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>dal <span class=\"_\"> </span>bilan<span class=\"_ _0\"></span>cio <span class=\"_ _a\"> </span>quando <span class=\"_\"> </span>l<span class=\"_ _0\"></span>\u2019obbligo <span class=\"_ _a\"> </span>sottostante <span class=\"_ _a\"> </span>la passivit\u00e0 \u00e8 est<span class=\"_ _0\"></span>into, o ann<span class=\"_ _0\"></span>ullato o ad<span class=\"_ _0\"></span>empiuto. Nei <span class=\"_\"> </span>casi <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>cui <span class=\"_\"> </span>una <span class=\"_\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>finanziaria <span class=\"_\"> </span>esistente <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>sostituita <span class=\"_\"> </span>da <span class=\"_\"> </span>un\u2019altra <span class=\"_\"> </span>dello <span class=\"_\"> </span>stesso prestatore, <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>condizioni <span class=\"_\"> </span>sostanzialmente <span class=\"_\"> </span>diverse, <span class=\"_ _1\"> </span>oppure<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>cond<span class=\"_ _0\"></span>izioni <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>u<span class=\"_ _0\"></span>na <span class=\"_\"> </span>passivit\u00e0 esistente <span class=\"_ _0\"></span>vengono <span class=\"_ _0\"></span>sostanzi<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>modificate, <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>scamb<span class=\"_ _0\"></span>io o <span class=\"_ _0\"></span>modifica <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>trattata <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me una cance<span class=\"_ _0\"></span>llazione c<span class=\"_ _0\"></span>ontabile <span class=\"_ _0\"></span>della passivi<span class=\"_ _0\"></span>t\u00e0 origina<span class=\"_ _0\"></span>le e <span class=\"_ _0\"></span>la rilevazione <span class=\"_ _0\"></span>di una <span class=\"_ _0\"></span>nuova <span class=\"_ _0\"></span>passivit\u00e0, con iscrizione a<span class=\"_ _0\"></span> conto econ<span class=\"_ _0\"></span>omico di eventua<span class=\"_ _0\"></span>li differenz<span class=\"_ _0\"></span>e tra i valori c<span class=\"_ _0\"></span>ontabili. Strumenti derivat<span class=\"_ _0\"></span>i e contab<span class=\"_ _0\"></span>ilizzazione d<span class=\"_ _0\"></span>elle operazion<span class=\"_ _0\"></span>i di copertura<span class=\"_ _0\"></span> Come previsto <span class=\"_ _0\"></span>dall\u2019IFRS 9, <span class=\"_ _0\"></span>tutti gli strument<span class=\"_ _0\"></span>i finanziari<span class=\"_ _0\"></span> derivati son<span class=\"_ _0\"></span>o valutati a<span class=\"_ _0\"></span>l fair value. Uno strumento <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nziario d<span class=\"_ _0\"></span>erivato pu\u00f2 <span class=\"_ _0\"></span>essere ac<span class=\"_ _0\"></span>quistato <span class=\"_ _0\"></span>con finalit\u00e0 <span class=\"_ _0\"></span>di ne<span class=\"_ _0\"></span>goziazione <span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span> finalit\u00e0 di coper<span class=\"_ _0\"></span>tura.  Gli <span class=\"_\"> </span>strumenti<span class=\"_ _0\"></span> <span class=\"_\"> </span>derivati <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>quistati <span class=\"_\"> </span>con <span class=\"_ _a\"> </span>finalit\u00e0 <span class=\"_\"> </span>di <span class=\"_\"> </span>co<span class=\"_ _0\"></span>pertura <span class=\"_ _a\"> </span>possono <span class=\"_\"> </span>essere <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ati secondo <span class=\"_ _11\"> </span>le <span class=\"_ _10\"> </span>mo<span class=\"_ _0\"></span>dalit\u00e0 <span class=\"_ _11\"> </span>dell\u2019hedge <span class=\"_ _11\"> </span>accounting, <span class=\"_ _11\"> </span>che <span class=\"_ _11\"> </span>compens<span class=\"_ _0\"></span>a <span class=\"_ _10\"> </span>la <span class=\"_ _11\"> </span>rilevazi<span class=\"_ _0\"></span>one <span class=\"_ _10\"> </span>a <span class=\"_ _11\"> </span>conto<span class=\"_ _0\"></span> economico dei der<span class=\"_ _0\"></span>ivati con <span class=\"_ _0\"></span>quella delle p<span class=\"_ _0\"></span>oste coperte, <span class=\"_ _0\"></span>solo quando: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>gli <span class=\"_ _3e\"> </span>elementi <span class=\"_ _3e\"> </span>copert<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>e <span class=\"_ _3e\"> </span>gli <span class=\"_ _13\"> </span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>copertura <span class=\"_ _3e\"> </span>soddisfano <span class=\"_ _3e\"> </span>i <span class=\"_ _3e\"> </span>requisiti <span class=\"_ _3e\"> </span>di </span>ammissibilit\u00e0;  \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>all'<span class=\"_ _0\"></span>inizio <span class=\"_\"> </span>della <span class=\"_\"> </span>relazion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>di <span class=\"_\"> </span>copertura <span class=\"_\"> </span>vi <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>una <span class=\"_\"> </span>designazi<span class=\"_ _0\"></span>one <span class=\"_\"> </span>e <span class=\"_\"> </span>documentazi<span class=\"_ _0\"></span>one </span>formale della re<span class=\"_ _0\"></span>lazione d<span class=\"_ _0\"></span>i copertura; \uf0b7larelazione <span class=\"_ _1\"> </span>di copertura <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>efficacesullabase <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>valutazione <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>relazioneeconomica es<span class=\"_ _0\"></span>istente tra ele<span class=\"_ _0\"></span>mento copert<span class=\"_ _0\"></span>o e strument<span class=\"_ _0\"></span>o di copertura.<span class=\"_ _0\"></span> Ai <span class=\"_ _3\"></span>fini <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>ilizzazione, <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>op<span class=\"_ _0\"></span>erazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>copertur<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classific<span class=\"_ _0\"></span>ate <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>\u201ccopertur<span class=\"_ _0\"></span>e del <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value\u201d <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>fronte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>variazione <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>merc<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>dell\u2019attiv<span class=\"_ _0\"></span>it\u00e0 sottostante, <span class=\"_ _f\"> </span>oppure <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>\u201c<span class=\"_ _0\"></span>coperture <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>flus<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iari\u201d <span class=\"_ _e\"> </span>se <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>fronte <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di variabilit\u00e0 <span class=\"_ _a\"> </span>n<span class=\"_ _0\"></span>ei <span class=\"_ _a\"> </span>flussi <span class=\"_ _b\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _a\"> </span>derivanti <span class=\"_ _b\"> </span>sia <span class=\"_ _a\"> </span>da <span class=\"_ _b\"> </span>un\u2019es<span class=\"_ _0\"></span>istente <span class=\"_ _a\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _a\"> </span>o <span class=\"_ _b\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>sia <span class=\"_ _b\"> </span>da<span class=\"_ _0\"></span> un\u2019operazion<span class=\"_ _0\"></span>e futura. Per <span class=\"_ _d\"></span>quanto <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iguarda <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _d\"></span>value, <span class=\"_ _5\"></span>gli <span class=\"_ _d\"></span>utili <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>perdite <span class=\"_ _d\"></span>derivant<span class=\"_ _0\"></span>i dalla <span class=\"_ _b\"> </span>rideterminaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>fair <span class=\"_ _b\"> </span>value <span class=\"_ _b\"> </span>de<span class=\"_ _0\"></span>llo <span class=\"_ _b\"> </span>str<span class=\"_ _0\"></span>umento <span class=\"_ _b\"> </span>deriva<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>imputati <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>conto economico tra <span class=\"_ _0\"></span>i proventi e gli<span class=\"_ _0\"></span> oneri finanziar<span class=\"_ _0\"></span>i. Per <span class=\"_ _5\"></span>quanto<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>riguard<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>o<span class=\"_ _0\"></span>perazion<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"></span>flussi <span class=\"_ _e\"> </span>finanziari, <span class=\"_ _5\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>perdite <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> valutazione <span class=\"_\"> </span>dello <span class=\"_ _1\"> </span>strumento <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>copertura <span class=\"_\"> </span>sono <span class=\"_ _1\"> </span>rilevati <span class=\"_\"> </span>nelle <span class=\"_ _1\"> </span>altre <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>ponenti <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>conto economico <span class=\"_ _1\"> </span>complessivo<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>arte <span class=\"_ _1\"> </span>efficace, <span class=\"_ _1\"> </span>mentre <span class=\"_ _1\"> </span>l\u2019eventuale <span class=\"_ _1\"> </span>porz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_ _1\"> </span>efficace viene rilevata im<span class=\"_ _0\"></span>mediatame<span class=\"_ _0\"></span>nte nell\u2019utile/(perdi<span class=\"_ _0\"></span>ta) dell\u2019eser<span class=\"_ _0\"></span>cizio. Gli <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>valutazione <span class=\"_ _3\"></span>correlati <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>derivat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>acquista<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>finalit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>negoz<span class=\"_ _0\"></span>iazione sono imputati a c<span class=\"_ _0\"></span>onto econ<span class=\"_ _0\"></span>omico tra i prov<span class=\"_ _0\"></span>enti e gli on<span class=\"_ _0\"></span>eri finanziari.  <span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>utilizza <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>strumenti <span class=\"_ _3\"></span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _3\"></span>derivati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>coprire <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>propria <span class=\"_ _3\"></span>esposiz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>rischi di cambio che,<span class=\"_ _0\"></span> tuttavia, no<span class=\"_ _0\"></span>n sono qua<span class=\"_ _0\"></span>lificati di copert<span class=\"_ _0\"></span>ura. Principali <span class=\"_ _b\"> </span>scelte <span class=\"_ _b\"> </span>valutative<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>nell\u2019applicazione <span class=\"_ _b\"> </span>dei <span class=\"_ _b\"> </span>principi <span class=\"_ _b\"> </span>contabi<span class=\"_ _0\"></span>li <span class=\"_ _b\"> </span>e <span class=\"_ _a\"> </span>f<span class=\"_ _0\"></span>onti <span class=\"_ _a\"> </span>di <span class=\"_ _14\"> </span>incertezze nell\u2019effettuazione<span class=\"_ _0\"></span> delle sti<span class=\"_ _0\"></span>me  La <span class=\"_ _0\"></span>redazione <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ancio <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>relative<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>note <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>applic<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>degl<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>IFRS <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ichiede,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>da <span class=\"_ _3\"></span>parte della d<span class=\"_ _0\"></span>irezione <span class=\"_ _0\"></span>l\u2019effettu<span class=\"_ _0\"></span>azione di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utazioni <span class=\"_ _0\"></span>discrez<span class=\"_ _0\"></span>ionali <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>time c<span class=\"_ _0\"></span>ontabili <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>hanno <span class=\"_ _0\"></span>effetto<span class=\"_ _0\"></span> sui <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>delle <span class=\"_ _5\"></span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>passivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>sull\u2019informativa <span class=\"_ _5\"> </span>di <span class=\"_ _5\"> </span>bilanc<span class=\"_ _0\"></span>io. <span class=\"_ _5\"></span>Tali <span class=\"_ _d\"></span>stime sono basate su<span class=\"_ _0\"></span>ll\u2019esperienza e s<span class=\"_ _0\"></span>u altri fattor<span class=\"_ _0\"></span>i considera<span class=\"_ _0\"></span>ti rilevanti.  I risultati che si c<span class=\"_ _0\"></span>onsuntiveranno<span class=\"_ _0\"></span> potranno, p<span class=\"_ _0\"></span>ertanto, di<span class=\"_ _0\"></span>fferire da tal<span class=\"_ _0\"></span>i stime. Le <span class=\"_ _b\"> </span>aree <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>maggiore <span class=\"_ _14\"> </span>incert<span class=\"_ _0\"></span>ezza <span class=\"_ _b\"> </span>nella <span class=\"_ _14\"> </span>formulaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>stim<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>va<span class=\"_ _0\"></span>lutazioni <span class=\"_ _b\"> </span>dur<span class=\"_ _0\"></span>ante <span class=\"_ _b\"> </span>il<span class=\"_ _0\"></span> processo di ap<span class=\"_ _0\"></span>plicazione<span class=\"_ _0\"></span> degli IFRS ch<span class=\"_ _0\"></span>e hanno <span class=\"_ _0\"></span>un effett<span class=\"_ _0\"></span>o significativo<span class=\"_ _0\"></span> sugli im<span class=\"_ _0\"></span>porti rilevat<span class=\"_ _0\"></span>i a bilancio riguard<span class=\"_ _0\"></span>ano:  \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischi su c<span class=\"_ _0\"></span>rediti; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>obsolesc<span class=\"_ _0\"></span>enza di magazzin<span class=\"_ _0\"></span>o; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>fondi per r<span class=\"_ _0\"></span>ischi ed oneri; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>valutazion<span class=\"_ _0\"></span>e strumenti finan<span class=\"_ _0\"></span>ziari; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>perdite <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _a\"> </span>dell\u2019attivo <span class=\"_\"> </span>(ad <span class=\"_ _a\"> </span>esempio <span class=\"_ _a\"> </span>immobili, <span class=\"_ _a\"> </span>impianti <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>macchinar<span class=\"_ _0\"></span>i <span class=\"_\"> </span>ed <span class=\"_ _a\"> </span>attivit\u00e0<span class=\"_ _0\"></span> </span>immateriali); \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>recuperab<span class=\"_ _0\"></span>ilit\u00e0 delle attivit<span class=\"_ _0\"></span>\u00e0 per imposte<span class=\"_ _0\"></span> differite;<span class=\"_ _0\"></span> </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rettifica v<span class=\"_ _0\"></span>alore attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie.<span class=\"_ _0\"></span> </span>Le stime <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>assunzioni <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>lizzate sono<span class=\"_ _0\"></span> basat<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span> ele<span class=\"_ _0\"></span>menti not<span class=\"_ _0\"></span>i alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>predispos<span class=\"_ _0\"></span>izione del <span class=\"_\"> </span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ull\u2019esperienz<span class=\"_ _0\"></span>a <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_\"> </span>e<span class=\"_ _0\"></span> <span class=\"_\"> </span>su<span class=\"_ _0\"></span> <span class=\"_\"> </span>altri <span class=\"_ _a\"> </span>elementi <span class=\"_\"> </span>ev<span class=\"_ _0\"></span>entualmente<span class=\"_ _0\"></span> <span class=\"_\"> </span>consider<span class=\"_ _0\"></span>ati rilevanti. In <span class=\"_ _d\"></span>tale <span class=\"_ _d\"></span>am<span class=\"_ _0\"></span>bito <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>gnala <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>situazione<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>causata <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _5\"></span>perduranti <span class=\"_ _d\"></span>diff<span class=\"_ _0\"></span>icolt\u00e0 <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>contest<span class=\"_ _0\"></span>o economico <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>finanz<span class=\"_ _0\"></span>iario, <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>ticolare <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>ll\u2019Eurozona<span class=\"_ _0\"></span>, <span class=\"_ _f\"> </span>hanno <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>omport<span class=\"_ _0\"></span>ato <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>ecessit\u00e0 <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> effettuare <span class=\"_ _12\"> </span>assunzioni <span class=\"_ _12\"> </span>riguardanti <span class=\"_ _12\"> </span>l\u2019andamento <span class=\"_ _12\"> </span>futuro <span class=\"_ _c\"> </span>car<span class=\"_ _0\"></span>atterizzato<span class=\"_ _0\"></span> <span class=\"_ _c\"> </span>da <span class=\"_ _12\"> </span>significativa incertezza, <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>cui <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>pu\u00f2 <span class=\"_ _5\"></span>escludere<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>concr<span class=\"_ _0\"></span>etizzarsi, <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>futuro,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>risult<span class=\"_ _0\"></span>ati <span class=\"_ _5\"></span>diversi <span class=\"_ _5\"></span>da quanto <span class=\"_ _a\"> </span>sti<span class=\"_ _0\"></span>mato <span class=\"_ _a\"> </span>e <span class=\"_ _b\"> </span>che <span class=\"_ _b\"> </span>quindi <span class=\"_ _b\"> </span>potrebbero <span class=\"_ _b\"> </span>richied<span class=\"_ _0\"></span>ere <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ettifiche, <span class=\"_ _a\"> </span>ad <span class=\"_ _b\"> </span>ogg<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>ovvi<span class=\"_ _0\"></span>amente <span class=\"_ _b\"> </span>n\u00e9 stimabili <span class=\"_ _3\"></span>n\u00e9<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prevedi<span class=\"_ _0\"></span>bili, <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>nche <span class=\"_ _3\"></span>significa<span class=\"_ _0\"></span>tive, <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>contabile <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>ive <span class=\"_ _d\"></span>poste. <span class=\"_ _3\"></span>L<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>voci<span class=\"_ _0\"></span> di <span class=\"_ _e\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>pri<span class=\"_ _0\"></span>ncipalmente <span class=\"_ _f\"> </span>interessate <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>tali <span class=\"_ _e\"> </span>situaz<span class=\"_ _0\"></span>ioni <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>incertezza <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _e\"> </span>non<span class=\"_ _0\"></span> correnti <span class=\"_ _3\"></span>(attivit\u00e0 <span class=\"_ _3\"></span>immaterial<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>materiali), <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _3\"></span>differite <span class=\"_ _3\"></span>attive, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>fondi <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti, <span class=\"_ _3\"></span>i fondi svalutazione <span class=\"_ _0\"></span>magazzi<span class=\"_ _0\"></span>no. Le <span class=\"_\"> </span>stime <span class=\"_\"> </span>e<span class=\"_ _0\"></span> <span class=\"_\"> </span>le <span class=\"_\"> </span>assunz<span class=\"_ _0\"></span>ioni <span class=\"_\"> </span>utilizz<span class=\"_ _0\"></span>ate <span class=\"_\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_\"> </span>verificate<span class=\"_ _0\"></span> <span class=\"_\"> </span>periodicam<span class=\"_ _0\"></span>ente <span class=\"_\"> </span>e <span class=\"_\"> </span>regol<span class=\"_ _0\"></span>armente <span class=\"_\"> </span>dal<span class=\"_ _0\"></span> Gruppo. <span class=\"_ _3\"></span>ln <span class=\"_ _3\"></span>caso <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>diverso <span class=\"_ _3\"></span>andamento <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>elementi <span class=\"_ _3\"></span>considera<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>processo, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>e che <span class=\"_\"> </span>si <span class=\"_\"> </span>consuntiveranno <span class=\"_\"> </span>potrebbero <span class=\"_\"> </span>differire <span class=\"_\"> </span>da <span class=\"_\"> </span>quelle <span class=\"_\"> </span>originarie <span class=\"_\"> </span>e <span class=\"_\"> </span>richiedere <span class=\"_\"> </span>di <span class=\"_\"> </span>essere modificate. Gl<span class=\"_ _0\"></span>i effetti <span class=\"_ _0\"></span>di ogn<span class=\"_ _0\"></span>i variazione d<span class=\"_ _0\"></span>i stima <span class=\"_ _0\"></span>sono r<span class=\"_ _0\"></span>iflessi a <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economico n<span class=\"_ _0\"></span>el periodo<span class=\"_ _0\"></span> in <span class=\"_ _5\"></span>cui <span class=\"_ _e\"> </span>avviene <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>revision<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>se <span class=\"_ _5\"> </span>quest<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>effetti <span class=\"_ _e\"> </span>solo <span class=\"_ _e\"> </span>su <span class=\"_ _5\"> </span>tal<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span>iodo, <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>anche <span class=\"_ _e\"> </span>nei <span class=\"_ _5\"></span>p<span class=\"_ _0\"></span>eriodi successivi s<span class=\"_ _0\"></span>e la revisione h<span class=\"_ _0\"></span>a effetti sia sull<span class=\"_ _0\"></span>\u2019esercizio c<span class=\"_ _0\"></span>orrente, sia s<span class=\"_ _0\"></span>u quelli futur<span class=\"_ _0\"></span>i. Perdita di valor<span class=\"_ _0\"></span>e di attivit\u00e0<span class=\"_ _0\"></span> Per <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>eterminare <span class=\"_ _d\"></span>se <span class=\"_ _d\"></span>vi <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _d\"></span>indicatori <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>perdi<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>nec<span class=\"_ _0\"></span>essario <span class=\"_ _d\"></span>stimare <span class=\"_ _d\"></span>il fair <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _a\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _a\"> </span>oppure <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>s<span class=\"_ _0\"></span>uo <span class=\"_ _a\"> </span>valore <span class=\"_ _a\"> </span>d\u2019uso. <span class=\"_ _a\"> </span>La <span class=\"_ _a\"> </span>determinazione <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _a\"> </span>d\u2019uso richiede <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ima <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cassa <span class=\"_ _5\"></span>attesi <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>l\u2019impre<span class=\"_ _0\"></span>sa <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>atten<span class=\"_ _0\"></span>de <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>otte<span class=\"_ _0\"></span>nere <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>all\u2019attivit\u00e0, nonch\u00e9 la deter<span class=\"_ _0\"></span>minazione <span class=\"_ _0\"></span>di un appropr<span class=\"_ _0\"></span>iato tasso d<span class=\"_ _0\"></span>i sconto.  Accantonament<span class=\"_ _0\"></span>i Gli <span class=\"_ _e\"> </span>accantonam<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>alle <span class=\"_ _f\"> </span>poste <span class=\"_ _e\"> </span>dell\u2019attivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>circolante <span class=\"_ _e\"> </span>(c<span class=\"_ _0\"></span>rediti, <span class=\"_ _e\"> </span>magazz<span class=\"_ _0\"></span>ino) <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>stati <span class=\"_ _f\"> </span>iscritti, quanto <span class=\"_ _a\"> </span>ai <span class=\"_ _a\"> </span>crediti, <span class=\"_ _a\"> </span>sulla <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>una <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alutazione <span class=\"_ _a\"> </span>dell\u2019esi<span class=\"_ _0\"></span>gibilit\u00e0 <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>crediti <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>essere <span class=\"_ _a\"> </span>e sull\u2019esperienza <span class=\"_ _a\"> </span>storica <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>perdite <span class=\"_ _a\"> </span>su <span class=\"_ _a\"> </span>crediti; <span class=\"_\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>magazzino, <span class=\"_ _a\"> </span>sulle <span class=\"_ _a\"> </span>prospettive <span class=\"_ _a\"> </span>di utilizzo <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>giacenze <span class=\"_ _f\"> </span>nel <span class=\"_ _e\"> </span>ciclo <span class=\"_ _f\"> </span>produttivo <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>sul<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>po<span class=\"_ _0\"></span>ssibilit\u00e0 <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _f\"> </span>realizzo <span class=\"_ _f\"> </span>delle giacenze di prodott<span class=\"_ _0\"></span>i finiti.  Gli <span class=\"_ _5\"></span>accantona<span class=\"_ _0\"></span>menti <span class=\"_ _5\"> </span>rel<span class=\"_ _0\"></span>ativi <span class=\"_ _5\"></span>agli <span class=\"_ _5\"></span>oneri<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>ristrutturaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>conse<span class=\"_ _0\"></span>guenti <span class=\"_ _5\"> </span>alle <span class=\"_ _e\"> </span>dismissioni <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o stati <span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _0\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>isioni <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tempi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>dell\u2019entit<span class=\"_ _0\"></span>\u00e0 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ifesteranno <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>varie<span class=\"_ _0\"></span> forme <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>incentivazione<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>co<span class=\"_ _0\"></span>ncordate <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>organizz<span class=\"_ _0\"></span>azioni <span class=\"_ _e\"> </span>sindacali,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>gestione<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>gli esuberi. Gli <span class=\"_ _3\"></span>accant<span class=\"_ _0\"></span>onamenti <span class=\"_ _d\"></span>relativi <span class=\"_ _d\"></span>all\u2019esist<span class=\"_ _0\"></span>enza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>enziosi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>terze <span class=\"_ _d\"></span>parti <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tati <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itti <span class=\"_ _3\"></span>nel caso <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>si <span class=\"_ _f\"> </span>pensi <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>far <span class=\"_ _e\"> </span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _e\"> </span>ad<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>un\u2019obbl<span class=\"_ _0\"></span>igazione <span class=\"_ _f\"> </span>(legale <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>implicita) <span class=\"_ _f\"> </span>derivante <span class=\"_ _e\"> </span>da <span class=\"_ _f\"> </span>un evento <span class=\"_ _f\"> </span>passato <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>quale <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>probabile <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>utilizzo <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>isorse <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>am<span class=\"_ _0\"></span>montar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>iene stimato in manier<span class=\"_ _0\"></span>a attendibi<span class=\"_ _0\"></span>le. Informazioni per<span class=\"_ _0\"></span> settore In <span class=\"_ _d\"></span>applicazio<span class=\"_ _0\"></span>ne <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>quanto <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>evisto <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019IFRS <span class=\"_ _d\"></span>8 <span class=\"_ _d\"></span>\u201cSett<span class=\"_ _0\"></span>ori <span class=\"_ _d\"></span>operati<span class=\"_ _0\"></span>vi\u201d, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _d\"></span>disci<span class=\"_ _0\"></span>plina <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>concetto dell\u2019approcci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>direziona<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>edisporre <span class=\"_ _d\"></span>l\u2019informativa<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ettore, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>segnala <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _d\"></span>alto livello <span class=\"_ _f\"> </span>decision<span class=\"_ _0\"></span>ale <span class=\"_ _f\"> </span>operativo <span class=\"_ _f\"> </span>(CODM <span class=\"_ _f\"> </span>\u2013 <span class=\"_ _f\"> </span>Chi<span class=\"_ _0\"></span>ef <span class=\"_ _f\"> </span>Operating <span class=\"_ _f\"> </span>Decis<span class=\"_ _0\"></span>ion <span class=\"_ _f\"> </span>Maker) <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>identific<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>nel Consiglio <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Amministr<span class=\"_ _0\"></span>azione. <span class=\"_ _a\"> </span>I <span class=\"_ _a\"> </span>settor<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>attivit\u00e0, <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>andamenti <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>risultati<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>vengono periodicamente <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ivisti <span class=\"_ _5\"> </span>dal <span class=\"_ _e\"> </span>CODM, <span class=\"_ _5\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>locare <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>risors<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>valu<span class=\"_ _0\"></span>tarne <span class=\"_ _5\"> </span>i <span class=\"_ _5\"></span>ri<span class=\"_ _0\"></span>sultati, <span class=\"_ _5\"></span>sono<span class=\"_ _0\"></span> rappresentati <span class=\"_ _13\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _13\"> </span>seguenti <span class=\"_ _13\"> </span>Busines<span class=\"_ _0\"></span>s <span class=\"_ _13\"> </span>Unit: <span class=\"_ _13\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _13\"> </span>Zucchi <span class=\"_ _13\"> </span>con <span class=\"_ _13\"> </span>le <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>oprie <span class=\"_ _13\"> </span>filiali commerciali <span class=\"_ _5\"></span>estere, <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>consoc<span class=\"_ _0\"></span>iata <span class=\"_ _d\"></span>americana<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>M<span class=\"_ _0\"></span>ascioni <span class=\"_ _d\"></span>U<span class=\"_ _0\"></span>SA <span class=\"_ _5\"></span>Inc., <span class=\"_ _5\"></span>attualmente <span class=\"_ _5\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>ancora <span class=\"_ _5\"> </span>in fase <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>istrutturaz<span class=\"_ _0\"></span>ione, <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>si <span class=\"_ _1\"> </span>occupa <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>settore <span class=\"_ _1\"> </span>hospitalit<span class=\"_ _0\"></span>y, <span class=\"_ _f\"> </span>Basi<span class=\"_ _0\"></span>talia <span class=\"_ _f\"> </span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>svolge prevalentemente u<span class=\"_ _0\"></span>n\u2019attiv<span class=\"_ _0\"></span>it\u00e0 legata all\u2019hom<span class=\"_ _0\"></span>e decor ed al<span class=\"_ _0\"></span>la rinnovazio<span class=\"_ _0\"></span>ne. 4. PRINCIPI CONTABILI, EMENDAMENTI ED INTERPRETAZIONI RECEPITI DALLA U.E.  ED APPLICATI DAL 1<span class=\"_ _0\"></span>\u00b0 GENNAIO 2022 Nel <span class=\"_ _5\"></span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _e\"> </span>vengono <span class=\"_ _e\"> </span>indicati <span class=\"_ _e\"> </span>e <span class=\"_ _5\"></span>succin<span class=\"_ _0\"></span>tamente <span class=\"_ _e\"> </span>illustrati <span class=\"_ _e\"> </span>gli <span class=\"_ _e\"> </span>IFRS <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>vigore <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>partire <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>1\u00b0 gennaio dell\u2019eserc<span class=\"_ _0\"></span>izio corrente.<span class=\"_ _0\"></span> In data 14 magg<span class=\"_ _0\"></span>io 2020, sono s<span class=\"_ _0\"></span>tati emessi d<span class=\"_ _0\"></span>egli eme<span class=\"_ _0\"></span>ndamenti ad <span class=\"_ _0\"></span>alcuni stand<span class=\"_ _0\"></span>ard:  \u201cReference to t<span class=\"_ _0\"></span>he Conceptual Fra<span class=\"_ _0\"></span>mework (<span class=\"_ _0\"></span>Amendements<span class=\"_ _0\"></span> to IFRS 3)\u201d<span class=\"_ _0\"></span><span class=\"ff3\">  </span>che <span class=\"_ _5\"></span>aggiorna <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>rifer<span class=\"_ _0\"></span>imento <span class=\"_ _5\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _5\"></span>nell\u2019IF<span class=\"_ _0\"></span>RS <span class=\"_ _5\"></span>3 <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>Conceptual <span class=\"_ _e\"> </span>Framework <span class=\"_ _e\"> </span>nella <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ersione rivista, senza che c<span class=\"_ _0\"></span>i\u00f2 compor<span class=\"_ _0\"></span>ti modifiche alle<span class=\"_ _0\"></span> disposizioni de<span class=\"_ _0\"></span>llo standard.<span class=\"_ _0\"></span> \u201cProperty, Plant a<span class=\"_ _0\"></span>nd Eq<span class=\"_ _0\"></span>uipment - Proceeds<span class=\"_ _0\"></span> before Int<span class=\"_ _0\"></span>ended Use (<span class=\"_ _0\"></span>Amendement t<span class=\"_ _0\"></span>o IAS 16)\u201d<span class=\"ff3\">  </span>che <span class=\"_\"> </span>vieta<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_\"> </span>dedurre<span class=\"_ _0\"></span> <span class=\"_\"> </span>dal <span class=\"_ _a\"> </span>costo <span class=\"_\"> </span>delle <span class=\"_\"> </span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>mat<span class=\"_ _0\"></span>eriali <span class=\"_\"> </span>l\u2019impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>ricevuto <span class=\"_ _a\"> </span>dalla vendita d<span class=\"_ _0\"></span>i beni <span class=\"_ _0\"></span>prodotti <span class=\"_ _0\"></span>nella fas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>i test <span class=\"_ _0\"></span>dell\u2019immobiliz<span class=\"_ _0\"></span>zazioni st<span class=\"_ _0\"></span>essa. <span class=\"_ _0\"></span>Tali ricav<span class=\"_ _0\"></span>i di <span class=\"_ _0\"></span>vendita e<span class=\"_ _0\"></span> i relativi costi sara<span class=\"_ _0\"></span>nno rilev<span class=\"_ _0\"></span>ati a conto econ<span class=\"_ _0\"></span>omico. \u201cOnerous Contr<span class=\"_ _0\"></span>acts \u2013 Cost of F<span class=\"_ _0\"></span>ulfilling a C<span class=\"_ _0\"></span>ontract (Am<span class=\"_ _0\"></span>endement I<span class=\"_ _0\"></span>AS 37)\u201d<span class=\"ff3\">  </span>che <span class=\"_ _1\"> </span>chiarisce <span class=\"_\"> </span>quali <span class=\"_ _1\"> </span>costi <span class=\"_ _1\"> </span>dev<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>essere <span class=\"_\"> </span>considerati <span class=\"_ _1\"> </span>nella <span class=\"_ _1\"> </span>val<span class=\"_ _0\"></span>utazione <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>ll\u2019oneros<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _1\"> </span>del contratto. <span class=\"_ _3\"></span>Pi\u00f9 <span class=\"_ _0\"></span>precisam<span class=\"_ _0\"></span>ente, <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>adempimento <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>comprende <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>che si r<span class=\"_ _0\"></span>iferiscono <span class=\"_ _0\"></span>diret<span class=\"_ _0\"></span>tamente <span class=\"_ _3\"></span>al contratt<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Pu\u00f2 <span class=\"_ _0\"></span>tratt<span class=\"_ _0\"></span>arsi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>incrementali <span class=\"_ _0\"></span>(ad<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>esempio, <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>i del <span class=\"_ _3\"></span>materiale <span class=\"_ _3\"></span>diretto <span class=\"_ _3\"></span>impieg<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>nella <span class=\"_ _3\"></span>lavorazione) <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>anc<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>l\u2019impresa<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>u\u00f2 evitare <span class=\"_ _8\"> </span>in <span class=\"_ _14\"> </span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _8\"> </span>ha <span class=\"_ _14\"> </span>sti<span class=\"_ _0\"></span>pulato <span class=\"_ _8\"> </span>il <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _8\"> </span>(es. <span class=\"_ _8\"> </span>la <span class=\"_ _8\"> </span>quota <span class=\"_ _8\"> </span>del <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>osto <span class=\"_ _8\"> </span>del <span class=\"_ _8\"> </span>personale <span class=\"_ _8\"> </span>e dell\u2019ammortam<span class=\"_ _0\"></span>ento dei mac<span class=\"_ _0\"></span>chinari impiegat<span class=\"_ _0\"></span>i per l\u2019adem<span class=\"_ _0\"></span>pimento del co<span class=\"_ _0\"></span>ntratto).<span class=\"_ _0\"></span> \u201cAnnual Improvem<span class=\"_ _0\"></span>ents to IF<span class=\"_ _0\"></span>RS Standards 2018-<span class=\"_ _0\"></span>2020\u201d<span class=\"ff3\">  </span>che <span class=\"_ _3\"></span>contiene <span class=\"_ _3\"></span>proposte<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>modifica <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>quattr<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>principi: <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>1 <span class=\"_ _3\"></span>\u2013 <span class=\"_ _3\"></span>\u201cSubsi<span class=\"_ _0\"></span>diary <span class=\"_ _3\"></span>as <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>first-time<span class=\"_ _0\"></span> adopter\u201d; IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u2013 \u201cF<span class=\"_ _0\"></span>eels <span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e \u201910<span class=\"_ _0\"></span> per <span class=\"_ _0\"></span>cent\u2019 <span class=\"_ _0\"></span>test <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>derecognition<span class=\"_ _0\"></span> of <span class=\"_ _0\"></span>financi<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>iabilities\u201d: <span class=\"_ _0\"></span>la modifica <span class=\"_ _d\"></span>chiarisc<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _d\"></span>fe<span class=\"_ _0\"></span>es <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>iderare <span class=\"_ _d\"></span>ne<span class=\"_ _0\"></span>ll\u2019esecuzione <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>test <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>ap<span class=\"_ _0\"></span>plicazione del <span class=\"_ _3\"></span>par. <span class=\"_ _0\"></span>B3<span class=\"_ _0\"></span>.3.6 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019IFRS <span class=\"_ _3\"></span>9, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutare <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>cancellazione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziaria; <span class=\"_ _3\"></span>IFRS<span class=\"_ _0\"></span> 16 <span class=\"_ _d\"></span>\u2013 <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Lease <span class=\"_ _d\"></span>inc<span class=\"_ _0\"></span>entives\u201d: <span class=\"_ _d\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mod<span class=\"_ _0\"></span>ifica <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iguarda <span class=\"_ _5\"></span>un <span class=\"_ _d\"></span>esempio <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>llustrativo <span class=\"_ _d\"></span>ed <span class=\"_ _5\"></span>infine <span class=\"_ _d\"></span>l\u2019IF<span class=\"_ _0\"></span>RS <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>1 <span class=\"_ _d\"></span>\u2013 \u201cTaxation in fa<span class=\"_ _0\"></span>ir value mea<span class=\"_ _0\"></span>surements\u201d.<span class=\"_ _0\"></span> L\u2019adozione de<span class=\"_ _0\"></span>i suddetti emenda<span class=\"_ _0\"></span>menti non ha c<span class=\"_ _0\"></span>omportato eff<span class=\"_ _0\"></span>etti sul bila<span class=\"_ _0\"></span>ncio delle Soc<span class=\"_ _0\"></span>iet\u00e0. 5 PRINCIPI CONTABILI, EMENDAMENTI ED INTERPRETAZIONI NON ANCORA IN VIGORE E NON ADOTTATI ANTICIPATAMENTE DAL GRUPPO<span class=\"ff2 fc0\"> </span>Alla <span class=\"_\"> </span>data <span class=\"_\"> </span>del <span class=\"_\"> </span>presente <span class=\"_\"> </span>bi<span class=\"_ _0\"></span>lancio, <span class=\"_\"> </span>gli <span class=\"_\"> </span>organ<span class=\"_ _0\"></span>i <span class=\"_\"> </span>competenti <span class=\"_\"> </span>dell\u2019Un<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>Europea <span class=\"_\"> </span>non <span class=\"_\"> </span>han<span class=\"_ _0\"></span>no ancora <span class=\"_ _a\"> </span>concluso <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>processo <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>omologazi<span class=\"_ _0\"></span>one <span class=\"_ _a\"> </span>necess<span class=\"_ _0\"></span>ario <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>l\u2019adozion<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>seguenti<span class=\"_ _0\"></span> principi <span class=\"_ _e\"> </span>ed <span class=\"_ _f\"> </span>eme<span class=\"_ _0\"></span>ndamenti, <span class=\"_ _f\"> </span>ovvero <span class=\"_ _f\"> </span>tali <span class=\"_ _e\"> </span>principi <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>emendamenti, <span class=\"_ _f\"> </span>pur <span class=\"_ _f\"> </span>omologati, <span class=\"_ _f\"> </span>non <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ono ancora entrati i<span class=\"_ _0\"></span>n vigore: IFRS 17 (Insuranc<span class=\"_ _0\"></span>e Contrac<span class=\"_ _0\"></span>ts) In data <span class=\"_ _0\"></span>18 mag<span class=\"_ _0\"></span>gio 20<span class=\"_ _0\"></span>17 \u00e8 s<span class=\"_ _0\"></span>tato e<span class=\"_ _0\"></span>messo l\u2019IFR<span class=\"_ _0\"></span>S 17 <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>quale introduc<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>n approcci<span class=\"_ _0\"></span>o coer<span class=\"_ _0\"></span>ente, a <span class=\"_ _3\"></span>livello <span class=\"_ _3\"></span>internaz<span class=\"_ _0\"></span>ionale, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>merito <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>ilizzazione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>assicurativi. <span class=\"_ _d\"></span>In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>25<span class=\"_ _0\"></span> giugno 2020 \u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>o emesso <span class=\"_ _0\"></span>un emend<span class=\"_ _0\"></span>amento a <span class=\"_ _0\"></span>tale p<span class=\"_ _0\"></span>rincipio cont<span class=\"_ _0\"></span>abile. Le <span class=\"_ _0\"></span>modifi<span class=\"_ _0\"></span>che sono<span class=\"_ _0\"></span> efficaci per gl<span class=\"_ _0\"></span>i esercizi che inizier<span class=\"_ _0\"></span>anno il 1<span class=\"_ _0\"></span>\u00b0 gennaio 2023 o s<span class=\"_ _0\"></span>uccessivament<span class=\"_ _0\"></span>e. Aggiornamento <span class=\"_ _11\"> </span>dello <span class=\"_ _11\"> </span>IAS <span class=\"_ _11\"> </span>1 <span class=\"_ _10\"> </span>(<span class=\"_ _0\"></span>Presentation <span class=\"_ _10\"> </span>o<span class=\"_ _0\"></span>f <span class=\"_ _11\"> </span>Financial <span class=\"_ _10\"> </span>St<span class=\"_ _0\"></span>atements)<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>e <span class=\"_ _11\"> </span>dello <span class=\"_ _10\"> </span>I<span class=\"_ _0\"></span>AS <span class=\"_ _10\"> </span>8 (Accounting polici<span class=\"_ _0\"></span>es, Changes<span class=\"_ _0\"></span> in Accou<span class=\"_ _0\"></span>nting Estimate<span class=\"_ _0\"></span>s and Errors<span class=\"_ _0\"></span>). Nel <span class=\"_ _3\"></span>mese <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>febbraio <span class=\"_ _3\"></span>2021 <span class=\"_ _3\"></span>lo <span class=\"_ _3\"></span>IASB <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>emesso <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>emendam<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>allo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>1 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>8. Le <span class=\"_ _1\"> </span>modifiche<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>volte<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>migliorare<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>disclos<span class=\"_ _0\"></span>ure <span class=\"_ _1\"> </span>sulle <span class=\"_ _1\"> </span>account<span class=\"_ _0\"></span>ing <span class=\"_ _1\"> </span>policy <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>modo <span class=\"_ _1\"> </span>da migliorare <span class=\"_ _f\"> </span>l\u2019informativa <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>dare <span class=\"_ _f\"> </span>agli <span class=\"_ _e\"> </span>inves<span class=\"_ _0\"></span>titori <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>agli <span class=\"_ _f\"> </span>altri <span class=\"_ _f\"> </span>utilizzatori <span class=\"_ _f\"> </span>primari <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>bilancio, nonch\u00e9 <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>d <span class=\"_ _8\"> </span>aiutare<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>le <span class=\"_ _8\"> </span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _8\"> </span>a <span class=\"_ _14\"> </span>di<span class=\"_ _0\"></span>stinguere<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>i <span class=\"_ _8\"> </span>ca<span class=\"_ _0\"></span>mbiamenti <span class=\"_ _8\"> </span>nelle <span class=\"_ _8\"> </span>stim<span class=\"_ _0\"></span>e <span class=\"_ _14\"> </span>co<span class=\"_ _0\"></span>ntabili <span class=\"_ _8\"> </span>dai<span class=\"_ _0\"></span> cambiamenti <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>ac<span class=\"_ _0\"></span>counting <span class=\"_ _10\"> </span>pol<span class=\"_ _0\"></span>icy. <span class=\"_ _10\"> </span>Le <span class=\"_ _10\"> </span>modifiche <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _10\"> </span>efficac<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>per <span class=\"_ _10\"> </span>gli <span class=\"_ _10\"> </span>eserc<span class=\"_ _0\"></span>izi <span class=\"_ _10\"> </span>che inizieranno il 1\u00b0 <span class=\"_ _0\"></span>gennaio 20<span class=\"_ _0\"></span>23 o successivam<span class=\"_ _0\"></span>ente. Emendamento <span class=\"_ _1\"> </span>allo <span class=\"_ _1\"> </span>IAS <span class=\"_\"> </span>12 <span class=\"_ _f\"> </span>Imp<span class=\"_ _0\"></span>oste <span class=\"_ _1\"> </span>sul <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>eddito <span class=\"_ _1\"> </span>\u2013 <span class=\"_ _1\"> </span>Imposte <span class=\"_\"> </span>d<span class=\"_ _2\"></span>ifferite <span class=\"_ _1\"> </span>relativ<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>ad <span class=\"_ _1\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e passivit\u00e0 deriva<span class=\"_ _0\"></span>nti da sing<span class=\"_ _0\"></span>ola operazione. L\u2019emendament<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>sp<span class=\"_ _0\"></span>ecifica <span class=\"_ _5\"></span>come <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _5\"></span>dovrebber<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>contabilizz<span class=\"_ _0\"></span>are <span class=\"_ _d\"></span>l'<span class=\"_ _0\"></span>imposta <span class=\"_ _5\"></span>differita <span class=\"_ _5\"></span>su operazioni <span class=\"_ _3\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _3\"></span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>obb<span class=\"_ _0\"></span>lighi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>mantellamento.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ircostanze <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>ecifiche, <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>societ\u00e0<span class=\"_ _0\"></span> possono <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>entate <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>rilev<span class=\"_ _0\"></span>are <span class=\"_ _3\"></span>l'imposta <span class=\"_ _3\"></span>diff<span class=\"_ _0\"></span>erita <span class=\"_ _3\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>rilevano <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>passivit<span class=\"_ _0\"></span>\u00e0 per la pri<span class=\"_ _0\"></span>ma volta. <span class=\"_ _0\"></span>Tale dis<span class=\"_ _0\"></span>posizione i<span class=\"_ _0\"></span>n preced<span class=\"_ _0\"></span>enza ha <span class=\"_ _0\"></span>fatto sorgere <span class=\"_ _0\"></span>incertez<span class=\"_ _0\"></span>ze sul <span class=\"_ _0\"></span>fatto che<span class=\"_ _0\"></span> l'esenzione <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>applicass<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>transaz<span class=\"_ _0\"></span>ioni c<span class=\"_ _0\"></span>ome l<span class=\"_ _0\"></span>easing e <span class=\"_ _0\"></span>obb<span class=\"_ _0\"></span>lighi d<span class=\"_ _0\"></span>i disatt<span class=\"_ _0\"></span>ivazione, <span class=\"_ _0\"></span>operazioni<span class=\"_ _0\"></span> per <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>quali <span class=\"_ _e\"> </span>le <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _e\"> </span>riconoscono <span class=\"_ _e\"> </span>sia <span class=\"_ _e\"> </span>un'att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>una <span class=\"_ _e\"> </span>passivit\u00e0. <span class=\"_ _e\"> </span>Con <span class=\"_ _e\"> </span>l\u2019emendam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> allo <span class=\"_ _d\"></span>IAS <span class=\"_ _d\"></span>12<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stato<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>chiarito<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _d\"></span>l'esenzi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>non <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>applica <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>le <span class=\"_ _3\"></span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>ten<span class=\"_ _0\"></span>ute <span class=\"_ _d\"></span>a rilevare l'impost<span class=\"_ _0\"></span>a differita s<span class=\"_ _0\"></span>u tali operaz<span class=\"_ _0\"></span>ioni.  Il <span class=\"_ _5\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _5\"> </span>non <span class=\"_ _e\"> </span>ha <span class=\"_ _5\"></span>adotta<span class=\"_ _0\"></span>to <span class=\"_ _5\"> </span>ant<span class=\"_ _0\"></span>icipatament<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>nuovi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>princ<span class=\"_ _0\"></span>ipi, <span class=\"_ _5\"></span>interpret<span class=\"_ _0\"></span>azioni <span class=\"_ _5\"> </span>o <span class=\"_ _e\"> </span>modifiche <span class=\"_ _e\"> </span>che sono stati emes<span class=\"_ _0\"></span>si, ma non anc<span class=\"_ _0\"></span>ora in vigore.<span class=\"_ _0\"></span> 6. GESTIONE E TIPOLOGIA DEI RISCHI FINANZIARI Il <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>sua <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>all\u2019utilizzo <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziari, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>posto, <span class=\"_ _3\"></span>oltre al rischio genera<span class=\"_ _0\"></span>le legato a<span class=\"_ _0\"></span>lla conduzi<span class=\"_ _0\"></span>one del business<span class=\"_ _0\"></span>, ai seguenti<span class=\"_ _0\"></span> rischi: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di cr<span class=\"_ _0\"></span>edito; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di liqui<span class=\"_ _0\"></span>dit\u00e0; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di m<span class=\"_ _0\"></span>ercato; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio con<span class=\"_ _0\"></span>nesso alle c<span class=\"_ _0\"></span>ondizioni risolutive<span class=\"_ _0\"></span> contenute n<span class=\"_ _0\"></span>ell\u2019Accordo d<span class=\"_ _0\"></span>i Ristrutturazi<span class=\"_ _0\"></span>one. </span>Nella <span class=\"_ _3\"></span>presente <span class=\"_ _3\"></span>sez<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _3\"></span>fornite <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormazioni <span class=\"_ _3\"></span>integrat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>relative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>all\u2019esposizione <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> Gruppo <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>ciascuno <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _1\"> </span>elencati <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>preced<span class=\"_ _0\"></span>enza, <span class=\"_\"> </span>agli <span class=\"_ _1\"> </span>obiettivi, <span class=\"_\"> </span>alle <span class=\"_ _1\"> </span>po<span class=\"_ _0\"></span>litiche <span class=\"_ _1\"> </span>ed <span class=\"_\"> </span>ai processi <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>gesti<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>tali <span class=\"_ _1\"> </span>rischi<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ed <span class=\"_ _1\"> </span>ai <span class=\"_ _1\"> </span>metod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>utilizzati <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>va<span class=\"_ _0\"></span>lutarli. <span class=\"_ _1\"> </span>La <span class=\"_\"> </span>presente <span class=\"_ _1\"> </span>nota contiene <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>informaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>qua<span class=\"_ _0\"></span>ntitative <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>utare <span class=\"_ _3\"></span>l'entit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _d\"></span>dagli strumenti <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>cui <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>esposto <span class=\"_ _a\"> </span>nel <span class=\"_ _a\"> </span>corso <span class=\"_ _a\"> </span>dell'es<span class=\"_ _0\"></span>ercizio <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>data <span class=\"_ _a\"> </span>di riferimento <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>bilancio. <span class=\"_ _1\"> </span>Ulteriori<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>nformazioni <span class=\"_ _1\"> </span>quantitat<span class=\"_ _0\"></span>ive <span class=\"_ _1\"> </span>sono <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span>sposte <span class=\"_ _1\"> </span>nelle <span class=\"_ _1\"> </span>spec<span class=\"_ _0\"></span>ifiche note al bilanc<span class=\"_ _0\"></span>io relative alle<span class=\"_ _0\"></span> attivit\u00e0 e pas<span class=\"_ _0\"></span>sivit\u00e0 finanz<span class=\"_ _0\"></span>iarie. La <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ponsabilit\u00e0 <span class=\"_ _3\"></span>complessiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>creazione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>upervisione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>sistema <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gestione dei <span class=\"_ _3\"></span>risch<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>Consiglio <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Amministraz<span class=\"_ _0\"></span>ione. <span class=\"_ _3\"></span>L<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Direz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>mministr<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>e Finanza <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>respo<span class=\"_ _0\"></span>nsabile <span class=\"_ _f\"> </span>dello <span class=\"_ _e\"> </span>sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>politiche <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>ges<span class=\"_ _0\"></span>tione <span class=\"_ _f\"> </span>dei rischi <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Gruppo <span class=\"_ _5\"></span>ed <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>nforma <span class=\"_ _5\"></span>periodicamente <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>A<span class=\"_ _0\"></span>mministrazion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>propri<span class=\"_ _0\"></span>e attivit\u00e0.  Le politiche d<span class=\"_ _0\"></span>i gestione d<span class=\"_ _0\"></span>ei rischi del Grup<span class=\"_ _0\"></span>po hanno lo <span class=\"_ _0\"></span>scopo di: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>identificare <span class=\"_ _0\"></span>ed analizzar<span class=\"_ _0\"></span>e i rischi ai quali <span class=\"_ _0\"></span>il Gruppo \u00e8 es<span class=\"_ _0\"></span>posto; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>definire <span class=\"_ _4\"> </span>l\u2019archite<span class=\"_ _0\"></span>ttura <span class=\"_ _3e\"> </span>or<span class=\"_ _0\"></span>ganizzat<span class=\"_ _0\"></span>iva, <span class=\"_ _4\"> </span>con <span class=\"_ _4\"> </span>individua<span class=\"_ _0\"></span>zione <span class=\"_ _3e\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _3e\"> </span>uni<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _4\"> </span>organiz<span class=\"_ _0\"></span>zative </span>coinvolte, relat<span class=\"_ _0\"></span>ive responsabil<span class=\"_ _0\"></span>it\u00e0 e siste<span class=\"_ _0\"></span>ma di deleghe;<span class=\"_ _0\"></span> \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>individuare <span class=\"_ _0\"></span>i principi di risk<span class=\"_ _0\"></span> manage<span class=\"_ _0\"></span>ment su cui si fo<span class=\"_ _0\"></span>nda la gest<span class=\"_ _0\"></span>ione operativa de<span class=\"_ _0\"></span>i rischi;<span class=\"_ _0\"></span> </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>individuare <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>tipologi<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>operazioni <span class=\"_ _f\"> </span>ammes<span class=\"_ _0\"></span>se <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>copertura <span class=\"_ _1\"> </span>dell\u2019esposizion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>(es. </span>negoziazione di der<span class=\"_ _0\"></span>ivati di <span class=\"_ _0\"></span>copertura). La <span class=\"_ _3\"></span>Funzion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Internal <span class=\"_ _d\"></span>Audit <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrolla <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>policy <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>procedure<span class=\"_ _0\"></span> applicate <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _5\"> </span>fi<span class=\"_ _0\"></span>nanziari. <span class=\"_ _e\"> </span>La <span class=\"_ _5\"></span>Fu<span class=\"_ _0\"></span>nzione <span class=\"_ _e\"> </span>Internal <span class=\"_ _5\"> </span>A<span class=\"_ _0\"></span>udit <span class=\"_ _e\"> </span>svolge <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>erifiche periodiche riport<span class=\"_ _0\"></span>andone gli es<span class=\"_ _0\"></span>iti al Consiglio <span class=\"_ _0\"></span>di Amminis<span class=\"_ _0\"></span>trazione.  6.1 Rischi finanziari 6.1.1. Rischio di credito Il <span class=\"_ _f\"> </span>rischio <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _f\"> </span>che <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>cliente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>una<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>contr<span class=\"_ _0\"></span>oparti <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>uno <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>trumento<span class=\"_ _0\"></span> finanziario <span class=\"_ _a\"> </span>causi <span class=\"_\"> </span>una <span class=\"_ _a\"> </span>perdita <span class=\"_ _a\"> </span>finanziaria <span class=\"_\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_\"> </span>ade<span class=\"_ _0\"></span>mpiendo <span class=\"_ _a\"> </span>ad <span class=\"_\"> </span>un\u2019obb<span class=\"_ _0\"></span>ligazione <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>deriva principalmente d<span class=\"_ _0\"></span>ai crediti c<span class=\"_ _0\"></span>ommerciali e<span class=\"_ _0\"></span> dagli investimenti<span class=\"_ _0\"></span> finanziari del<span class=\"_ _0\"></span> Gruppo. <span class=\"_ _0\"></span> Crediti commercial<span class=\"_ _0\"></span>i e altri c<span class=\"_ _0\"></span>rediti Il <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>credito<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>principalmente <span class=\"_ _f\"> </span>connesso <span class=\"_ _f\"> </span>alla <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>ossibilit\u00e0 <span class=\"_ _e\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>clienti <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>onorino <span class=\"_ _e\"> </span>i propri debiti v<span class=\"_ _0\"></span>erso le societ<span class=\"_ _0\"></span>\u00e0 del Gruppo a<span class=\"_ _0\"></span>lle scadenze<span class=\"_ _0\"></span> pattuite. <span class=\"_ _0\"></span> L\u2019esposizione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>credit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dipende <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>carat<span class=\"_ _0\"></span>teristiche specifiche <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>iascun <span class=\"_ _5\"></span>client<span class=\"_ _0\"></span>e. <span class=\"_ _5\"></span>I <span class=\"_ _5\"></span>credit<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>iscritti <span class=\"_ _5\"></span>a <span class=\"_ _5\"> </span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _5\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>seg<span class=\"_ _0\"></span>mentab<span class=\"_ _0\"></span>ili <span class=\"_ _5\"></span>innanzitutto <span class=\"_ _e\"> </span>per canale <span class=\"_ _b\"> </span>dis<span class=\"_ _0\"></span>tributivo, <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>indi <span class=\"_ _b\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _14\"> </span>verso <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ettaglianti<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>(affiliat<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>ter<span class=\"_ _0\"></span>zi), <span class=\"_ _b\"> </span>gros<span class=\"_ _0\"></span>sisti, Grande <span class=\"_ _a\"> </span>Distribuzione<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>Organizzata <span class=\"_ _a\"> </span>(GDO)<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>Export. <span class=\"_ _a\"> </span>Il <span class=\"_ _a\"> </span>grado <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>concentrazione <span class=\"_ _b\"> </span>delle esposizioni <span class=\"_ _0\"></span>\u00e8 in <span class=\"_ _0\"></span>genere mi<span class=\"_ _0\"></span>nimo ad <span class=\"_ _0\"></span>eccezio<span class=\"_ _0\"></span>ne del can<span class=\"_ _0\"></span>ale G<span class=\"_ _0\"></span>DO, ov<span class=\"_ _0\"></span>e l'entit<span class=\"_ _0\"></span>\u00e0 dei sing<span class=\"_ _0\"></span>oli credit<span class=\"_ _0\"></span>i \u00e8 <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _3\"></span>signif<span class=\"_ _0\"></span>icativa <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>nche <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>considerazione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _3\"></span>sta<span class=\"_ _0\"></span>gionalit\u00e0 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>atturato <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>concentra nell'ultimo <span class=\"_ _f\"> </span>trimestre <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ell'eserc<span class=\"_ _0\"></span>izio. <span class=\"_ _f\"> </span>Il <span class=\"_ _f\"> </span>grado <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>oncen<span class=\"_ _0\"></span>trazione <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>crediti <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>primi <span class=\"_ _f\"> </span>diec<span class=\"_ _0\"></span>i clienti \u00e8 pari a<span class=\"_ _0\"></span>l 17,8% (16,7%<span class=\"_ _0\"></span> nel 2021).<span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ha <span class=\"_ _3\"></span>adottato <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>procedura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>secondo <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>ne <span class=\"_ _3\"></span>determinata <span class=\"_ _0\"></span>l\u2019aff<span class=\"_ _0\"></span>idabilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ciascun nuovo <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>liente, <span class=\"_ _d\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>clusione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>alcuni <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lienti <span class=\"_ _5\"></span>gestiti <span class=\"_ _5\"></span>direttamen<span class=\"_ _0\"></span>te <span class=\"_ _5\"></span>dalla <span class=\"_ _d\"></span>direz<span class=\"_ _0\"></span>ione, <span class=\"_ _5\"></span>cui <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono poi <span class=\"_ _b\"> </span>offerte <span class=\"_ _b\"> </span>le <span class=\"_ _b\"> </span>condizioni <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>tandard <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>anale <span class=\"_ _b\"> </span>relativ<span class=\"_ _0\"></span>amente <span class=\"_ _b\"> </span>a <span class=\"_ _a\"> </span>t<span class=\"_ _0\"></span>ermini <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>pagamen<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>e consegna. <span class=\"_ _d\"></span>L'a<span class=\"_ _0\"></span>nalisi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>affid<span class=\"_ _0\"></span>abilit\u00e0 <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>asa <span class=\"_ _d\"></span>su <span class=\"_ _d\"></span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>rat<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ommerc<span class=\"_ _0\"></span>iali <span class=\"_ _d\"></span>e, se <span class=\"_ _3\"></span>disponibi<span class=\"_ _0\"></span>li, <span class=\"_ _3\"></span>analisi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>bilancio. <span class=\"_ _3\"></span>Per <span class=\"_ _d\"></span>ciascun <span class=\"_ _d\"></span>cliente <span class=\"_ _d\"></span>vengono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tabiliti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>limiti <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>acquisto, rappresentativi <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>linea <span class=\"_\"> </span>di <span class=\"_\"> </span>credito <span class=\"_\"> </span>mass<span class=\"_ _0\"></span>ima; <span class=\"_\"> </span>esposizion<span class=\"_ _0\"></span>i <span class=\"_\"> </span>oltre <span class=\"_\"> </span>il <span class=\"_\"> </span>fido <span class=\"_\"> </span>accordato <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o soggette a livell<span class=\"_ _0\"></span>i di autorizz<span class=\"_ _0\"></span>azione delle funz<span class=\"_ _0\"></span>ioni a ci\u00f2 <span class=\"_ _0\"></span>delegate. <span class=\"_ _0\"></span> Si <span class=\"_ _f\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _f\"> </span>che <span class=\"_ _1\"> </span>nell\u2019amb<span class=\"_ _0\"></span>ito <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>processo <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>delega, <span class=\"_ _f\"> </span>nec<span class=\"_ _0\"></span>essario <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>normale svolgimento <span class=\"_ _0\"></span>dell\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _0\"></span>commercia<span class=\"_ _0\"></span>le, <span class=\"_ _0\"></span>i res<span class=\"_ _0\"></span>ponsabi<span class=\"_ _0\"></span>li di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>funzione, <span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>o nor<span class=\"_ _0\"></span>male c<span class=\"_ _0\"></span>ondivis<span class=\"_ _0\"></span>ione con il vertice <span class=\"_ _0\"></span>aziendale e<span class=\"_ _0\"></span> nell\u2019ambito <span class=\"_ _0\"></span>degli obiettiv<span class=\"_ _0\"></span>i di budge<span class=\"_ _0\"></span>t, hanno la <span class=\"_ _0\"></span>facolt\u00e0 di <span class=\"_ _0\"></span>autorizzare<span class=\"_ _0\"></span> sconfinamenti <span class=\"_ _0\"></span>di fido o sb<span class=\"_ _0\"></span>locchi di ordini/cons<span class=\"_ _0\"></span>egne e di def<span class=\"_ _0\"></span>inire le cond<span class=\"_ _0\"></span>izioni di pagamento.<span class=\"_ _0\"></span> Con <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>magg<span class=\"_ _0\"></span>ioranza <span class=\"_ _d\"></span>dei <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>ienti, <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>intr<span class=\"_ _0\"></span>attiene <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporti <span class=\"_ _d\"></span>commerciali <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>molto <span class=\"_ _d\"></span>tempo<span class=\"_ _0\"></span>. L'attivit\u00e0 <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>monitor<span class=\"_ _0\"></span>aggio <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>rischi<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>credito <span class=\"_ _a\"> </span>verso <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>clienti <span class=\"_ _a\"> </span>avvi<span class=\"_ _0\"></span>ene <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>una<span class=\"_ _0\"></span> reportistica <span class=\"_ _13\"> </span>che <span class=\"_ _13\"> </span>prevede<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>ana<span class=\"_ _0\"></span>lisi <span class=\"_ _13\"> </span>della <span class=\"_ _13\"> </span>situazione<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>es<span class=\"_ _0\"></span>positoria <span class=\"_ _13\"> </span>sulla <span class=\"_ _13\"> </span>bas<span class=\"_ _0\"></span>e <span class=\"_ _11\"> </span>d<span class=\"_ _0\"></span>elle caratteristiche <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>redito, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onsiderando <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>l'altro <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>tratta <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ersone <span class=\"_ _3\"></span>fisich<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pers<span class=\"_ _0\"></span>one giuridiche, <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>dislocazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>geografica, <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>canale <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>apparten<span class=\"_ _0\"></span>enza, <span class=\"_ _e\"> </span>l\u2019anzianit\u00e0 <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>credito <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span> l'esperienza stor<span class=\"_ _0\"></span>ica sui pag<span class=\"_ _0\"></span>amenti.  Si <span class=\"_ _1\"> </span>segnala <span class=\"_ _1\"> </span>che <span class=\"_\"> </span>la <span class=\"_ _f\"> </span>C<span class=\"_ _0\"></span>apogruppo<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>essere <span class=\"_\"> </span>una <span class=\"_ _1\"> </span>polizza <span class=\"_ _1\"> </span>assicurativa <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>garanzia <span class=\"_ _1\"> </span>della<span class=\"_ _0\"></span> validit\u00e0 <span class=\"_\"> </span>ed <span class=\"_\"> </span>es<span class=\"_ _0\"></span>igibilit\u00e0 <span class=\"_\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_\"> </span>propri <span class=\"_\"> </span>crediti <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ommerciali <span class=\"_\"> </span>anc<span class=\"_ _0\"></span>he <span class=\"_\"> </span>oggetto <span class=\"_\"> </span>di <span class=\"_\"> </span>ant<span class=\"_ _0\"></span>icipaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>e/o sconto a vale<span class=\"_ _0\"></span>re sulle event<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>linee di credito <span class=\"_ _0\"></span>autoliqu<span class=\"_ _0\"></span>idanti accordat<span class=\"_ _0\"></span>e, emesse <span class=\"_ _0\"></span>a copertura<span class=\"_ _0\"></span> integrale degli <span class=\"_ _0\"></span>importi finan<span class=\"_ _0\"></span>ziati dalle Banc<span class=\"_ _0\"></span>he Finanzia<span class=\"_ _0\"></span>trici attravers<span class=\"_ _0\"></span>o tali linee.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>accantona<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un <span class=\"_ _5\"></span>fondo <span class=\"_ _d\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>perdite <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iflette <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ima <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>le possibili <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommerciali <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> sug<span class=\"_ _0\"></span>li <span class=\"_ _0\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti, <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>compon<span class=\"_ _0\"></span>enti pr<span class=\"_ _0\"></span>incipali <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono svalutazioni <span class=\"_ _11\"> </span>specific<span class=\"_ _0\"></span>he <span class=\"_ _11\"> </span>individua<span class=\"_ _0\"></span>li <span class=\"_ _10\"> </span>di <span class=\"_ _11\"> </span>espos<span class=\"_ _0\"></span>izioni <span class=\"_ _11\"> </span>scadute <span class=\"_ _11\"> </span>si<span class=\"_ _0\"></span>gnificative <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>sv<span class=\"_ _0\"></span>alutazioni generiche <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>esposizioni <span class=\"_ _10\"> </span>omogen<span class=\"_ _0\"></span>ee <span class=\"_ _9\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>scadenze. <span class=\"_ _10\"> </span>La <span class=\"_ _10\"> </span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>ollettiva <span class=\"_ _10\"> </span>viene determinata <span class=\"_ _e\"> </span>sulla <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>dell'es<span class=\"_ _0\"></span>perienza <span class=\"_ _e\"> </span>storica, <span class=\"_ _5\"> </span>te<span class=\"_ _0\"></span>nendo <span class=\"_ _e\"> </span>anche <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>consideraz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019attuale stato di crisi a<span class=\"_ _0\"></span> livello inter<span class=\"_ _0\"></span>nazionale. Tra <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>commerciali <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>egnala <span class=\"_ _3\"></span>l\u2019esist<span class=\"_ _0\"></span>enza <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>liente <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo appartenente <span class=\"_ _11\"> </span>al <span class=\"_ _10\"> </span>ca<span class=\"_ _0\"></span>nale <span class=\"_ _11\"> </span>affiliati <span class=\"_ _11\"> </span>il <span class=\"_ _10\"> </span>cui <span class=\"_ _11\"> </span>credito, <span class=\"_ _11\"> </span>pari <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>1,<span class=\"_ _0\"></span>1 <span class=\"_ _10\"> </span>milioni <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _11\"> </span>\u00e8 <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>tato completamente <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>valutato <span class=\"_ _3\"></span>a segu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>dichiaraz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>limento <span class=\"_ _0\"></span>avvenuta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>dicembre 2018.  In <span class=\"_ _d\"></span>nota <span class=\"_ _d\"></span>6.2.1, <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>fornite <span class=\"_ _5\"></span>le <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormazioni <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uantitative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ull'esposizione <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _5\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>redito per quanto riguar<span class=\"_ _0\"></span>da i credit<span class=\"_ _0\"></span>i commercial<span class=\"_ _0\"></span>i e gli altri cred<span class=\"_ _0\"></span>iti, richieste <span class=\"_ _0\"></span>dall'IFRS 7.<span class=\"_ _0\"></span> Attivit\u00e0 finanz<span class=\"_ _0\"></span>iarie disponibi<span class=\"_ _0\"></span>li alla negoziazi<span class=\"_ _0\"></span>one In <span class=\"_ _1\"> </span>tale <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _1\"> </span>r<span class=\"_ _0\"></span>ientrano <span class=\"_\"> </span>investimenti <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _1\"> </span>titoli <span class=\"_\"> </span>azionari <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_\"> </span>quotate, <span class=\"_ _1\"> </span>obbligaz<span class=\"_ _0\"></span>ioni emesse da soc<span class=\"_ _0\"></span>iet\u00e0 ad e<span class=\"_ _0\"></span>levato rat<span class=\"_ _0\"></span>ing, fondi az<span class=\"_ _0\"></span>ionari ed<span class=\"_ _0\"></span> obbligazionar<span class=\"_ _0\"></span>i<span class=\"fc0\">.</span> In consegu<span class=\"_ _0\"></span>enza della natura, <span class=\"_ _a\"> </span>dell\u2019importo <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ating <span class=\"_\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _a\"> </span>emittenti, <span class=\"_ _a\"> </span>i <span class=\"_\"> </span>rischi <span class=\"_\"> </span>di<span class=\"_ _0\"></span> <span class=\"_\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_\"> </span>legat<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>alla <span class=\"_\"> </span>possibi<span class=\"_ _0\"></span>le inadempienza <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>mittenti <span class=\"_ _d\"></span>strumenti <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari, <span class=\"_ _d\"></span>iscritti <span class=\"_ _d\"></span>nell\u2019attivo <span class=\"_ _d\"></span>circolante <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>voc<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Attivit\u00e0<span class=\"_ _0\"></span> finanziarie a<span class=\"_ _0\"></span>l fair value imput<span class=\"_ _0\"></span>ato a con<span class=\"_ _0\"></span>to economico, s<span class=\"_ _0\"></span>ono ritenuti <span class=\"_ _0\"></span>non significativ<span class=\"_ _0\"></span>i. Altre attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie e c<span class=\"_ _0\"></span>rediti finanziari<span class=\"_ _0\"></span> Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _3\"></span>S.p.A.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>1.150<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>preve<span class=\"_ _0\"></span>deva <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>decor<span class=\"_ _0\"></span>rere <span class=\"_ _d\"></span>dalla <span class=\"_ _3\"></span>data del <span class=\"_ _3\"></span>30 <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>calcola<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>ad <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tass<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>500 <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>unti <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>anno, <span class=\"_ _d\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>un anno di 365 g<span class=\"_ _0\"></span>iorni, per il nu<span class=\"_ _0\"></span>mero effettivo di<span class=\"_ _0\"></span> giorni tras<span class=\"_ _0\"></span>corsi.  Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1.2<span class=\"_ _0\"></span>07 migliaia di<span class=\"_ _0\"></span> Euro. Garanzie prest<span class=\"_ _0\"></span>ate, impegn<span class=\"_ _0\"></span>i e altre pas<span class=\"_ _0\"></span>sivit\u00e0 potenziali<span class=\"_ _0\"></span> Garanzie prest<span class=\"_ _0\"></span>ate Al <span class=\"_\"> </span>3<span class=\"_ _2\"></span>1 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 <span class=\"_\"> </span>i<span class=\"_ _2\"></span>l <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_\"> </span>essere <span class=\"_ _1\"> </span>fid<span class=\"_ _0\"></span>eiussioni <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>fav<span class=\"_ _0\"></span>ore <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>ter<span class=\"_ _0\"></span>zi <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>utenze<span class=\"_ _0\"></span> energetiche, <span class=\"_ _0\"></span>cauzion<span class=\"_ _0\"></span>i doga<span class=\"_ _0\"></span>nali, co<span class=\"_ _0\"></span>ncession<span class=\"_ _0\"></span>i pubbl<span class=\"_ _0\"></span>iche <span class=\"_ _0\"></span>e contra<span class=\"_ _0\"></span>tti d'af<span class=\"_ _0\"></span>fitto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>azienda p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>1,9 milioni di Euro (<span class=\"_ _0\"></span>1,9 milioni d<span class=\"_ _0\"></span>i Euro al 31 d<span class=\"_ _0\"></span>icembre 2021<span class=\"_ _0\"></span>). Il fair value d<span class=\"_ _0\"></span>elle garanzie <span class=\"_ _0\"></span>e degli im<span class=\"_ _0\"></span>pegni di cui sopr<span class=\"_ _0\"></span>a \u00e8 pari a z<span class=\"_ _0\"></span>ero. Altri contratti e d<span class=\"_ _0\"></span>iritti contr<span class=\"_ _0\"></span>attuali rilevanti<span class=\"_ _0\"></span> Contratti di lice<span class=\"_ _0\"></span>nza Al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>licenz<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>terzi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>adenza nel <span class=\"_ _0\"></span>2023. <span class=\"_ _0\"></span>Ta<span class=\"_ _0\"></span>li c<span class=\"_ _0\"></span>ontratti <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>edono <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>ricon<span class=\"_ _0\"></span>oscimento<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>licenzia<span class=\"_ _0\"></span>nti d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>royalt<span class=\"_ _0\"></span>ies <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpensi <span class=\"_ _0\"></span>in percentuale <span class=\"_ _d\"></span>sul <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>atturato <span class=\"_ _d\"></span>netto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _d\"></span>vendite<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _d\"></span>re<span class=\"_ _0\"></span>lative <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ollezioni, <span class=\"_ _d\"></span>ta<span class=\"_ _0\"></span>lvolta <span class=\"_ _d\"></span>con degli importi mi<span class=\"_ _0\"></span>nimi garantit<span class=\"_ _0\"></span>i annuali. Tali <span class=\"_ _5\"></span>minim<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>g<span class=\"_ _0\"></span>arantiti <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"> </span>dov<span class=\"_ _0\"></span>uti <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>caso <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>resc<span class=\"_ _0\"></span>issione <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>anno <span class=\"_ _5\"> </span>in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _5\"> </span>lo stesso viene res<span class=\"_ _0\"></span>cisso e quello s<span class=\"_ _0\"></span>uccessivo.<span class=\"_ _0\"></span> In <span class=\"_\"> </span>ogni <span class=\"_ _a\"> </span>caso <span class=\"_\"> </span>il <span class=\"_\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_\"> </span>la <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ibilit\u00e0 <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>uscire <span class=\"_\"> </span>unilat<span class=\"_ _0\"></span>eralmente <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>al <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_\"> </span>senz<span class=\"_ _0\"></span>a corrispondere <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>minimi<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>cui <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>opra <span class=\"_\"> </span>nel <span class=\"_ _1\"> </span>caso<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>in <span class=\"_\"> </span>cui <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>licenz<span class=\"_ _0\"></span>iatario <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>adem<span class=\"_ _0\"></span>pisse <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>gli obblighi <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>trattuali <span class=\"_ _9\"> </span>consistenti <span class=\"_ _9\"> </span>nello <span class=\"_ _9\"> </span>svolgimento <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>alcune <span class=\"_ _8\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _8\"> </span>op<span class=\"_ _0\"></span>erative <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la realizzazione de<span class=\"_ _0\"></span>i prodotti oggett<span class=\"_ _0\"></span>o della licenz<span class=\"_ _0\"></span>a. Cessioni di cr<span class=\"_ _0\"></span>editi A <span class=\"_ _1\"> </span>sos<span class=\"_ _0\"></span>tegno <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>esige<span class=\"_ _0\"></span>nze <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>posto <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>ess<span class=\"_ _0\"></span>ere <span class=\"_\"> </span>operazioni <span class=\"_ _1\"> </span>di<span class=\"_ _0\"></span> cessione <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>venut<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _d\"></span>pro <span class=\"_ _d\"></span>soluto. <span class=\"_ _d\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>crediti, <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>circ<span class=\"_ _0\"></span>a 13 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>liminati <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Facto<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>netto<span class=\"_ _0\"></span> di interessi per c<span class=\"_ _0\"></span>irca 486 mi<span class=\"_ _0\"></span>gliaia di Euro, \u00e8<span class=\"_ _0\"></span> stato conta<span class=\"_ _0\"></span>bilizzato tra l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide.  Passivit\u00e0 potenzi<span class=\"_ _0\"></span>ali Il <span class=\"_ _3\"></span>Gruppo, <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>perando <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>livello <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>espos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>numerosi <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>legali, <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>norme <span class=\"_ _3\"></span>a tutela della <span class=\"_ _0\"></span>concorrenz<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>di ambiente <span class=\"_ _0\"></span>e in <span class=\"_ _0\"></span>materia f<span class=\"_ _0\"></span>iscale o c<span class=\"_ _0\"></span>ontributiva. <span class=\"_ _0\"></span>\u00c8 possibil<span class=\"_ _0\"></span>e che gli<span class=\"_ _0\"></span> esiti <span class=\"_ _b\"> </span>giud<span class=\"_ _0\"></span>iziari <span class=\"_ _b\"> </span>pos<span class=\"_ _0\"></span>sano <span class=\"_ _14\"> </span>determinare <span class=\"_ _14\"> </span>o<span class=\"_ _0\"></span>neri <span class=\"_ _b\"> </span>non <span class=\"_ _14\"> </span>copert<span class=\"_ _0\"></span>i, <span class=\"_ _b\"> </span>o <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>totalmente <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>operti, <span class=\"_ _b\"> </span>da indennizzi <span class=\"_ _e\"> </span>assicurat<span class=\"_ _0\"></span>ivi <span class=\"_ _e\"> </span>aventi <span class=\"_ _e\"> </span>pertan<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>effetti <span class=\"_ _e\"> </span>sulla <span class=\"_ _e\"> </span>si<span class=\"_ _0\"></span>tuazione <span class=\"_ _e\"> </span>fina<span class=\"_ _0\"></span>nziaria <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>sui <span class=\"_ _e\"> </span>ris<span class=\"_ _0\"></span>ultati <span class=\"_ _e\"> </span>del Gruppo. <span class=\"_\"> </span>Alla <span class=\"_ _1\"> </span>data <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>bilan<span class=\"_ _0\"></span>cio <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>Gruppo <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>ha <span class=\"_\"> </span>passivit\u00e0 <span class=\"_ _1\"> </span>potenz<span class=\"_ _0\"></span>iali <span class=\"_\"> </span>tali <span class=\"_ _1\"> </span>da <span class=\"_\"> </span>necessitare stanziamenti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>fondi <span class=\"_ _e\"> </span>rischi <span class=\"_ _e\"> </span>ed <span class=\"_ _e\"> </span>oneri <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>quanto <span class=\"_ _e\"> </span>ritiene <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>vi <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ia <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>esborso <span class=\"_ _e\"> </span>probabile <span class=\"_ _e\"> </span>di risorse.  Laddove <span class=\"_ _d\"></span>sia <span class=\"_ _5\"></span>probabile <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sar\u00e0 <span class=\"_ _d\"></span>dovut<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>esbor<span class=\"_ _0\"></span>so <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>risor<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>adempi<span class=\"_ _0\"></span>ere <span class=\"_ _d\"></span>a delle <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>tale <span class=\"_ _5\"></span>importo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sia <span class=\"_ _5\"></span>sti<span class=\"_ _0\"></span>mabile <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>modo <span class=\"_ _5\"></span>attendibile,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _d\"></span>ha <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>ffettuato<span class=\"_ _0\"></span> specifici accanto<span class=\"_ _0\"></span>namenti a <span class=\"_ _0\"></span>fondi rischi <span class=\"_ _0\"></span>ed oneri (vedi <span class=\"_ _0\"></span>Nota 24).  <span class=\"_ _0\"></span> 6.1.2 Rischio di liquidit\u00e0 Il <span class=\"_ _0\"></span>rischio <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>liquidit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>abbia <span class=\"_ _3\"></span>difficolt\u00e0 <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>adempier<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alle <span class=\"_ _3\"></span>obbligazioni associate <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziarie. <span class=\"_ _a\"> </span>L\u2019approccio <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>Gruppo<span class=\"_ _0\"></span> <span class=\"_\"> </span>nella <span class=\"_ _a\"> </span>gestione <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>liquid<span class=\"_ _0\"></span>it\u00e0 prevede <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>g<span class=\"_ _0\"></span>arantire, <span class=\"_ _b\"> </span>per <span class=\"_ _a\"> </span>quanto <span class=\"_ _a\"> </span>poss<span class=\"_ _0\"></span>ibile, <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _a\"> </span>vi<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>siano <span class=\"_ _a\"> </span>sem<span class=\"_ _0\"></span>pre <span class=\"_ _a\"> </span>fondi <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _a\"> </span>per adempiere <span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oprie <span class=\"_ _0\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>alla s<span class=\"_ _0\"></span>cadenz<span class=\"_ _0\"></span>a, s<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _0\"></span>normali <span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tensione finanziaria, <span class=\"_ _5\"></span>senz<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>dover <span class=\"_ _5\"></span>sostenere <span class=\"_ _5\"> </span>oner<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ignificativi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>rischiare <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>anneggiare <span class=\"_ _5\"></span>la <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ia reputazione, <span class=\"_ _1\"> </span>grazie <span class=\"_ _1\"> </span>anche <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>sup<span class=\"_ _0\"></span>porto <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>forn<span class=\"_ _0\"></span>itori <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _1\"> </span>hanno <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onsentito <span class=\"_ _1\"> </span>di adottare una <span class=\"_ _0\"></span>leva finanziar<span class=\"_ _0\"></span>ia ritardando i <span class=\"_ _0\"></span>pagamenti d<span class=\"_ _0\"></span>ovuti. I maggiori f<span class=\"_ _0\"></span>abbisog<span class=\"_ _0\"></span>ni di cas<span class=\"_ _0\"></span>sa s<span class=\"_ _0\"></span>i evidenziano, per<span class=\"_ _0\"></span> effett<span class=\"_ _0\"></span>o della <span class=\"_ _0\"></span>stagionalit\u00e0 <span class=\"_ _0\"></span>del busi<span class=\"_ _0\"></span>ness, <span class=\"_ _0\"></span>nel periodo compreso tr<span class=\"_ _0\"></span>a i mes<span class=\"_ _0\"></span>i di maggio <span class=\"_ _0\"></span>e settembre. Generalmente, <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>assicura <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>vi <span class=\"_ _3\"></span>siano <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0 <span class=\"_ _3\"></span>liqu<span class=\"_ _0\"></span>ide <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>vista <span class=\"_ _3\"></span>suf<span class=\"_ _0\"></span>ficienti <span class=\"_ _3\"></span>per coprire <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>necessit<span class=\"_ _0\"></span>\u00e0 <span class=\"_\"> </span>generate <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_\"> </span>ciclo <span class=\"_ _1\"> </span>oper<span class=\"_ _0\"></span>ativo <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>dagli <span class=\"_\"> </span>investimenti, <span class=\"_\"> </span>compre<span class=\"_ _0\"></span>si <span class=\"_\"> </span>i<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>cos<span class=\"_ _0\"></span>ti relativi <span class=\"_ _a\"> </span>alle <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziarie. <span class=\"_ _a\"> </span>I <span class=\"_ _a\"> </span>servizi <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>tesoreria <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _a\"> </span>effettua<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>modo continuativo <span class=\"_ _3\"></span>previsi<span class=\"_ _0\"></span>oni <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _3\"></span>basate <span class=\"_ _3\"></span>sulle <span class=\"_ _3\"></span>entrate <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>cite <span class=\"_ _3\"></span>attese <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>mesi <span class=\"_ _3\"></span>successivi<span class=\"_ _0\"></span> e <span class=\"_ _e\"> </span>adottano <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>conseg<span class=\"_ _0\"></span>uenti <span class=\"_ _e\"> </span>azioni <span class=\"_ _e\"> </span>corr<span class=\"_ _0\"></span>ettive. <span class=\"_ _e\"> </span>Tuttavia,<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>resta <span class=\"_ _e\"> </span>escluso <span class=\"_ _e\"> </span>l\u2019effett<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>potenzia<span class=\"_ _0\"></span>le <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i circostanze <span class=\"_ _f\"> </span>estreme <span class=\"_ _e\"> </span>che <span class=\"_ _f\"> </span>non <span class=\"_ _e\"> </span>possono <span class=\"_ _f\"> </span>esser <span class=\"_ _e\"> </span>ragione<span class=\"_ _0\"></span>volmente <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>iste, <span class=\"_ _e\"> </span>qual<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>le <span class=\"_ _f\"> </span>calamit\u00e0 naturali.  Si rinv<span class=\"_ _0\"></span>ia a<span class=\"_ _0\"></span>ltres\u00ec <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>paragrafo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dedicato <span class=\"_ _0\"></span>alla c<span class=\"_ _0\"></span>ontinuit\u00e0 <span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>endale p<span class=\"_ _0\"></span>er gl<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ulteriori <span class=\"_ _0\"></span>aspetti <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> al rischio liqui<span class=\"_ _0\"></span>dit\u00e0. 6.1.3 Rischio di mercato Il <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>ri<span class=\"_ _0\"></span>schio <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _f\"> </span>futuri <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>uno <span class=\"_ _f\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iario fluttuino <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>prezzi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>mercato <span class=\"_ _e\"> </span>per <span class=\"_ _5\"></span>effetto <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>variazi<span class=\"_ _0\"></span>oni <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"> </span>tassi <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> cambio, <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>interesse <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>ad <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>rezzo. <span class=\"_ _1\"> </span>L\u2019obiet<span class=\"_ _0\"></span>tivo <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>gestione <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>rischio <span class=\"_ _1\"> </span>di mercato <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>gestione <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>controllo <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019esposizione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>tal<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>risch<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>ntro <span class=\"_ _d\"></span>livelli accettabili ott<span class=\"_ _0\"></span>imizzando, allo <span class=\"_ _0\"></span>stesso tempo, <span class=\"_ _0\"></span>il rendimen<span class=\"_ _0\"></span>to degli investi<span class=\"_ _0\"></span>menti. Rischio di cambi<span class=\"_ _0\"></span>o Il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>op<span class=\"_ _0\"></span>era <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>ernazionalment<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sia <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _d\"></span>ac<span class=\"_ _0\"></span>quirente <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>merc<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>e <span class=\"_ _5\"></span>lavorazioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ome venditore <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>propri <span class=\"_ _0\"></span>prodotti<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ervizi ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>quindi <span class=\"_ _0\"></span>espos<span class=\"_ _0\"></span>to al <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutario d<span class=\"_ _0\"></span>erivante <span class=\"_ _0\"></span>dalle<span class=\"_ _0\"></span> fluttuazioni <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _a\"> </span>valute <span class=\"_ _b\"> </span>con <span class=\"_ _a\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>avvengono <span class=\"_ _a\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>trans<span class=\"_ _0\"></span>azioni <span class=\"_ _a\"> </span>commerciali<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>(soprattutto <span class=\"_ _a\"> </span>g<span class=\"_ _0\"></span>li acquisti), <span class=\"_\"> </span>in<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>particol<span class=\"_ _0\"></span>are <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>dollaro <span class=\"_\"> </span>statunitense. <span class=\"_ _1\"> </span>\u00c8 <span class=\"_\"> </span>p<span class=\"_ _2\"></span>olitica <span class=\"_\"> </span>del <span class=\"_ _f\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_\"> </span> <span class=\"_ _f\"> </span>fronte<span class=\"_ _0\"></span>ggiare, <span class=\"_ _1\"> </span>ove possibile, <span class=\"_ _f\"> </span>quest<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>rischi <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ediante <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>copert<span class=\"_ _0\"></span>ura <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>termine <span class=\"_ _1\"> </span>delle <span class=\"_ _f\"> </span>singo<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>posizioni <span class=\"_ _1\"> </span>valutarie attive e <span class=\"_ _0\"></span>passive <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>iste a <span class=\"_ _0\"></span>date <span class=\"_ _0\"></span>future; <span class=\"_ _0\"></span>la co<span class=\"_ _0\"></span>pertura,<span class=\"_ _0\"></span> che t<span class=\"_ _0\"></span>iene c<span class=\"_ _0\"></span>onto s<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>el cambio <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>isto a <span class=\"_ _d\"></span>bud<span class=\"_ _0\"></span>get <span class=\"_ _5\"></span>sia <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>aspettat<span class=\"_ _0\"></span>ive <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>andame<span class=\"_ _0\"></span>nto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ambi, <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"> </span>attu<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>totali<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle posizioni <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>a, <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>tener <span class=\"_ _5\"> </span>conto <span class=\"_ _5\"></span>delle <span class=\"_ _5\"> </span>pos<span class=\"_ _0\"></span>sibili <span class=\"_ _5\"></span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>dell\u2019<span class=\"_ _0\"></span>entit\u00e0 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _5\"></span>transazioni <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ispetto alle pr<span class=\"_ _0\"></span>evisioni <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>poter<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>fruttare <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mmercialmente <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ventuali v<span class=\"_ _0\"></span>ariazi<span class=\"_ _0\"></span>oni de<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>ambio, <span class=\"_ _0\"></span>vien<span class=\"_ _0\"></span>e coperta <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>perc<span class=\"_ _0\"></span>entuale <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>fl<span class=\"_ _0\"></span>ussi <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>tesi <span class=\"_ _3\"></span>nei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>successivi <span class=\"_ _d\"></span>12 <span class=\"_ _3\"></span>mesi; <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>perc<span class=\"_ _0\"></span>entuale scende <span class=\"_ _d\"></span>man <span class=\"_ _5\"></span>mano <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>manifestazione <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>utura <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>flussi <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>allontana <span class=\"_ _5\"></span>nel <span class=\"_ _d\"></span>tempo.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>Per <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>parte non <span class=\"_ _1\"> </span>coperta, <span class=\"_\"> </span>si <span class=\"_ _1\"> </span>determinano <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _1\"> </span>differenze <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>cambio <span class=\"_ _1\"> </span>rispetto <span class=\"_\"> </span>ai <span class=\"_ _f\"> </span>cam<span class=\"_ _0\"></span>bi <span class=\"_ _1\"> </span>registrati <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>he impattano il conto <span class=\"_ _0\"></span>economi<span class=\"_ _0\"></span>co. Ove <span class=\"_ _5\"> </span>non <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"></span>poss<span class=\"_ _0\"></span>ibile, <span class=\"_ _5\"> </span>si <span class=\"_ _e\"> </span>fronteg<span class=\"_ _0\"></span>gia <span class=\"_ _5\"></span>il <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>ca<span class=\"_ _0\"></span>mbio <span class=\"_ _5\"> </span>mediant<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _e\"> </span>degli <span class=\"_ _5\"></span>antici<span class=\"_ _0\"></span>pi all\u2019importazione <span class=\"_ _11\"> </span>delle <span class=\"_ _10\"> </span>singol<span class=\"_ _0\"></span>e <span class=\"_ _10\"> </span>posizioni <span class=\"_ _11\"> </span>valutarie <span class=\"_ _11\"> </span>passive <span class=\"_ _10\"> </span>prev<span class=\"_ _0\"></span>iste <span class=\"_ _10\"> </span>a <span class=\"_ _10\"> </span>da<span class=\"_ _0\"></span>te <span class=\"_ _10\"> </span>future; <span class=\"_ _10\"> </span>l<span class=\"_ _0\"></span>a copertura, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>tien<span class=\"_ _0\"></span>e <span class=\"_\"> </span>con<span class=\"_ _0\"></span>to <span class=\"_\"> </span>sia <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>cam<span class=\"_ _0\"></span>bio <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>evisto<span class=\"_ _0\"></span> <span class=\"_\"> </span>a <span class=\"_ _a\"> </span>budget, <span class=\"_\"> </span>sia <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>as<span class=\"_ _0\"></span>pettative <span class=\"_ _a\"> </span>di andamento <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>camb<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>attuata<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>volta<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>olta <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _d\"></span>ogn<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ingolo <span class=\"_ _5\"></span>anticipo <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>funz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el cambio <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>egistrato <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>aspettat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>future. <span class=\"_ _0\"></span>Anche <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>esto <span class=\"_ _3\"></span>caso <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>differenze <span class=\"_ _3\"></span>di cambio che s<span class=\"_ _0\"></span>i determinano <span class=\"_ _0\"></span>rispetto ai ca<span class=\"_ _0\"></span>mbi registrati im<span class=\"_ _0\"></span>pattano il cont<span class=\"_ _0\"></span>o economic<span class=\"_ _0\"></span>o. Rischio tass<span class=\"_ _0\"></span>o di interesse Esso <span class=\"_ _5\"></span>afferisce <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>particolar<span class=\"_ _0\"></span>e, <span class=\"_ _5\"></span>quanto <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>finan<span class=\"_ _0\"></span>ziarie <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>etenute <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>negoz<span class=\"_ _0\"></span>iazione, agli <span class=\"_ _d\"></span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _d\"></span>che <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>variazioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>nei <span class=\"_ _d\"></span>t<span class=\"_ _0\"></span>assi <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>hanno <span class=\"_ _5\"></span>sul <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>ezzo <span class=\"_ _5\"></span>delle <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>ddette <span class=\"_ _5\"></span>attivit\u00e0; svalutazioni <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ivalutazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ezzi <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>tal<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>addebitate/ac<span class=\"_ _0\"></span>creditate <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>conto economico. <span class=\"_\"> </span>Quanto <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nvec<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>alle <span class=\"_\"> </span>passivit\u00e0 <span class=\"_\"> </span>finanziarie, <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>rischio <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>var<span class=\"_ _0\"></span>iazioni <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>tassi <span class=\"_\"> </span>di interesse <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>effetti <span class=\"_ _3\"></span>sul <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>deter<span class=\"_ _0\"></span>minand<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nor <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>magg<span class=\"_ _0\"></span>ior <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>oneri<span class=\"_ _0\"></span> finanziari. Non esistono s<span class=\"_ _0\"></span>trumenti a c<span class=\"_ _0\"></span>opertura de<span class=\"_ _0\"></span>l rischio oscillaz<span class=\"_ _0\"></span>ione del tas<span class=\"_ _0\"></span>so di interesse.<span class=\"_ _0\"></span> Altri rischi di pr<span class=\"_ _0\"></span>ezzo Riguardano <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>possibil<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>fair <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lue <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>uno <span class=\"_ _e\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanziario <span class=\"_ _e\"> </span>poss<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ariare <span class=\"_ _e\"> </span>per motivi differenti <span class=\"_ _0\"></span>dal variare <span class=\"_ _0\"></span>dei tassi di i<span class=\"_ _0\"></span>nteresse o d<span class=\"_ _0\"></span>i cambio.  Il Gruppo non <span class=\"_ _0\"></span>\u00e8 esposto a t<span class=\"_ _0\"></span>ali rischi. 6.2 Esposizione al rischio  6.2.1 Rischio di credito Il valore c<span class=\"_ _0\"></span>ontabile delle a<span class=\"_ _0\"></span>ttivit\u00e0 fina<span class=\"_ _0\"></span>nziarie rappres<span class=\"_ _0\"></span>enta l\u2019es<span class=\"_ _0\"></span>posizione m<span class=\"_ _0\"></span>assima del <span class=\"_ _0\"></span>Gruppo a<span class=\"_ _0\"></span>l rischio di cred<span class=\"_ _0\"></span>ito. Alla data <span class=\"_ _0\"></span>di chiusura del<span class=\"_ _0\"></span>l\u2019esercizio tal<span class=\"_ _0\"></span>e esposizione er<span class=\"_ _0\"></span>a la seguente:<span class=\"_ _0\"></span> 2022<span class=\"_ _10c\"> </span>2021Svalutazioni Svalutazioni<span class=\"_ _0\"></span> Valori l<span class=\"_ _0\"></span>ordiValori lordi(in migliaia di Euro)Attualizzaz.Attualizzaz.Attivit\u00e0 finanziarie correnti<span class=\"_ _0\"></span> e non co<span class=\"_ _0\"></span>rrentiAttivit\u00e0 finanzia<span class=\"_ _0\"></span>rie al<span class=\"_ _0\"></span> fair value <span class=\"_ _0\"></span>rilevato a conto ec<span class=\"_ _0\"></span>onomic<span class=\"_ _0\"></span>o-<span class=\"_ _124\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _2f\"> </span>-<span class=\"_ _125\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _126\"> </span>-<span class=\"_ _127\"></span>       <span class=\"_ _0\"></span>      <span class=\"_ _29\"> </span>-<span class=\"_ _128\"></span>              Crediti comm<span class=\"_ _0\"></span>ercial<span class=\"_ _0\"></span>i 16.852(4.140)21.879(4.621)Crediti fin<span class=\"_ _0\"></span>anziari verso <span class=\"_ _0\"></span>controllant<span class=\"_ _0\"></span>e--1.179-Crediti fin<span class=\"_ _0\"></span>anziari verso <span class=\"_ _0\"></span>correlate----Disponib<span class=\"_ _0\"></span>ilit\u00e0 liqui<span class=\"_ _0\"></span>de e m<span class=\"_ _0\"></span>ezzi equivalenti16.177-25.311-Altri credit<span class=\"_ _0\"></span>i8.921-5.716-Contratti a<span class=\"_ _0\"></span> termine <span class=\"_ _0\"></span>su camb<span class=\"_ _0\"></span>i:----Attivit\u00e0 per <span class=\"_ _0\"></span>derivati----41.950(4.140)54.085(4.621)La <span class=\"_ _e\"> </span>voce <span class=\"_ _f\"> </span>\u201cCrediti <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mmerci<span class=\"_ _0\"></span>ali\u201d <span class=\"_ _e\"> </span>inc<span class=\"_ _0\"></span>ludeva <span class=\"_ _e\"> </span>nel<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>precedente <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>credit<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>verso<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>parte correlata <span class=\"_ _3\"></span>Descamps <span class=\"_ _3\"></span>SAS <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>complessivi <span class=\"_ _3\"></span>5.91<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span>(al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>attualizz<span class=\"_ _0\"></span>azioni 598 migliaia d<span class=\"_ _0\"></span>i Euro), princi<span class=\"_ _0\"></span>palmente derivant<span class=\"_ _0\"></span>i da cess<span class=\"_ _0\"></span>ioni di merci <span class=\"_ _0\"></span>e servizi. I <span class=\"_ _5\"></span>crediti <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontrollante <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>riferiva<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>2021 <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"></span>inte<span class=\"_ _0\"></span>rcompany tra la <span class=\"_ _0\"></span>Vincenz<span class=\"_ _0\"></span>o Zucchi<span class=\"_ _0\"></span> S.p.<span class=\"_ _0\"></span>A. e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>controllan<span class=\"_ _0\"></span>te Zucch<span class=\"_ _0\"></span>i S.p.<span class=\"_ _0\"></span>A.. <span class=\"_ _0\"></span>Come <span class=\"_ _0\"></span>gi\u00e0 segn<span class=\"_ _0\"></span>alato, <span class=\"_ _0\"></span>alla dat<span class=\"_ _0\"></span>a di <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>30 <span class=\"_ _f\"> </span>giugno <span class=\"_ _1\"> </span>2022 <span class=\"_ _f\"> </span>la <span class=\"_ _1\"> </span>controllante <span class=\"_ _f\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _1\"> </span>S.p.A. <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>mborsato <span class=\"_ _1\"> </span>alla Capogruppo <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>un\u2019unica <span class=\"_ _5\"></span>so<span class=\"_ _0\"></span>luzione <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>finanziamento <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>gli <span class=\"_ _d\"></span>inter<span class=\"_ _0\"></span>essi <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>importo<span class=\"_ _0\"></span> complessivo d<span class=\"_ _0\"></span>i 1.207 migliaia d<span class=\"_ _0\"></span>i Euro. Il <span class=\"_ _5\"></span>rischio <span class=\"_ _e\"> </span>massimo <span class=\"_ _e\"> </span>derivant<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>dal<span class=\"_ _0\"></span>l\u2019eventuale <span class=\"_ _5\"></span>es<span class=\"_ _0\"></span>cussione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>garanz<span class=\"_ _0\"></span>ie <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>5,2 <span class=\"_ _e\"> </span>milioni <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> Euro <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>fro<span class=\"_ _0\"></span>nte <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>ideiussioni <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>favore <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>t<span class=\"_ _0\"></span>erzi <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>utenz<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>energetich<span class=\"_ _0\"></span>e, <span class=\"_ _e\"> </span>cauzi<span class=\"_ _0\"></span>oni <span class=\"_ _e\"> </span>doga<span class=\"_ _0\"></span>nali, concessioni <span class=\"_ _5\"></span>pubbliche <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _5\"></span>d'affitto <span class=\"_ _5\"></span>d\u2019aziend<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>loc<span class=\"_ _0\"></span>azioni <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _d\"></span>(6,<span class=\"_ _0\"></span>0 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di Euro al 31 dicem<span class=\"_ _0\"></span>bre 2021).<span class=\"_ _0\"></span> La <span class=\"_ _8\"> </span>m<span class=\"_ _0\"></span>assima <span class=\"_ _9\"> </span>es<span class=\"_ _0\"></span>posizione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>al <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>redito <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>fine <span class=\"_ _9\"> </span>esercizio <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>erivante <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>rediti commerciali, s<span class=\"_ _0\"></span>uddivisa per <span class=\"_ _0\"></span>regione geografica<span class=\"_ _0\"></span>, era la s<span class=\"_ _0\"></span>eguente: 2022<span class=\"_ _10c\"> </span>2021(in migliaia di Euro)Valori lo<span class=\"_ _0\"></span>rdiSvalutazioniValori lo<span class=\"_ _0\"></span>rdiSvalutazioniItalia8.186(3.610)9.985(3.614)Francia2.291(26)6.468(598)Altri paes<span class=\"_ _0\"></span>i europe<span class=\"_ _0\"></span>i5.431(319)5.373(382)Altri paes<span class=\"_ _0\"></span>i extraeuropei944(185)53(27)Totale16.852(4.140)21.879(4.621)La <span class=\"_ _8\"> </span>m<span class=\"_ _0\"></span>assima <span class=\"_ _9\"> </span>es<span class=\"_ _0\"></span>posizione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>al <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>redito <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>fine <span class=\"_ _9\"> </span>esercizio <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>erivante <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>rediti commerciali, s<span class=\"_ _0\"></span>uddivisa per <span class=\"_ _0\"></span>tipologia di client<span class=\"_ _0\"></span>ela (cana<span class=\"_ _0\"></span>le distributivo)<span class=\"_ _0\"></span>, era la segu<span class=\"_ _0\"></span>ente: 2022<span class=\"_ _10c\"> </span>2021(in migliaia di Euro)Valori l<span class=\"_ _0\"></span>ordiSvalutazioniValori lordiSvalutazioniDettaglio e<span class=\"_ _0\"></span> Affiliat<span class=\"_ _0\"></span>i<span class=\"_ _129\"> </span>12.904<span class=\"_ _12a\"></span>          <span class=\"_ _0\"></span> <span class=\"_ _7a\"> </span>(3.233)<span class=\"_ _22\"> </span>10.782<span class=\"_ _124\"></span>   <span class=\"_ _0\"></span>    <span class=\"_ _8a\"> </span>(2.41<span class=\"_ _0\"></span>1)Ingrosso833(42)178(36)Grande Distri<span class=\"_ _0\"></span>b. Organizzata e <span class=\"_ _0\"></span>Promoz.1.583(605)3.949(714)Altri1.532(260)6.970(1.460)Totale16.852(4.140)21.879(4.621)Il canale \u201cAltri\u201d \u00e8 r<span class=\"_ _0\"></span>iferito in par<span class=\"_ _0\"></span>ticolar modo <span class=\"_ _0\"></span>alle vendit<span class=\"_ _0\"></span>e industriali. L\u2019anzianit\u00e0 de<span class=\"_ _0\"></span>i crediti com<span class=\"_ _0\"></span>merciali alla data <span class=\"_ _0\"></span>di bilancio er<span class=\"_ _0\"></span>a la seguente:<span class=\"_ _0\"></span> 2022<span class=\"_ _10c\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Valori lo<span class=\"_ _0\"></span>rdiSvalutazioniValori lord<span class=\"_ _0\"></span>iSvalutazioniNon ancora <span class=\"_ _0\"></span>scaduti12.492(2.018)13.518(2.404)Scaduti da<span class=\"_ _0\"></span> 1-30 gi<span class=\"_ _0\"></span>orni545(6)1.004(20)Scaduti da<span class=\"_ _0\"></span> 31-120 g<span class=\"_ _0\"></span>iorni279(6)2.510(175)Oltre3.536(2.110)4.847(2.022)Totale16.852(4.140)21.879(4.621)I <span class=\"_ _d\"></span>movimenti <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>svalutazione <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>merciali <span class=\"_ _d\"></span>nel <span class=\"_ _d\"></span>corso <span class=\"_ _5\"></span>dell\u2019esercizio <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ati <span class=\"_ _d\"></span>i seguenti: 2022<span class=\"_ _69\"> </span>2021(in migliaia di Euro)Saldo al 1\u00b0 gennai<span class=\"_ _2\"></span>o 4.6215.327Perdita di valore de<span class=\"_ _2\"></span>ll'esercizio 12553Utilizzi dell'esercizio(67)(43)Rilascio dell'e<span class=\"_ _2\"></span>sercizio(720)Differenze di conver<span class=\"_ _2\"></span>sione144Apporto per acqui<span class=\"_ _2\"></span>sizione Descamps45-Eliminazione fon<span class=\"_ _2\"></span>do svalutazione crediti Desca<span class=\"_ _2\"></span>mps(598)-Saldo al 31 dicembre4.1404.621L\u2019utilizzo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>fondo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>svalutazione <span class=\"_ _e\"> </span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>princi<span class=\"_ _0\"></span>palmente <span class=\"_ _e\"> </span>imputabile <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _e\"> </span>stralcio<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>lcuni crediti <span class=\"_ _3\"></span>divenuti <span class=\"_ _3\"></span>inesigib<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>seguito <span class=\"_ _3\"></span>dell\u2019attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>recupero <span class=\"_ _3\"></span>posta <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ess<span class=\"_ _0\"></span>ere <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>l\u2019assistenza<span class=\"_ _0\"></span> del legale. L\u2019eliminazione <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>fondo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _b\"> </span>crediti <span class=\"_ _b\"> </span>verso <span class=\"_ _b\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _b\"> </span>(598 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>Euro<span class=\"_ _0\"></span>) consegue <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>integrale <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>controllata<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>princip<span class=\"_ _0\"></span>iato <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rente <span class=\"_ _0\"></span>eserc<span class=\"_ _0\"></span>izio <span class=\"_ _0\"></span>ed alla realtiva e<span class=\"_ _0\"></span>liminazione d<span class=\"_ _0\"></span>ei crediti e deb<span class=\"_ _0\"></span>iti reciproci. Il <span class=\"_\"> </span>rilascio <span class=\"_ _a\"> </span>dell\u2019esercizio <span class=\"_ _a\"> </span>2021 <span class=\"_\"> </span>comprend<span class=\"_ _0\"></span>eva <span class=\"_\"> </span>638 <span class=\"_ _a\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro, <span class=\"_\"> </span>relativi <span class=\"_ _a\"> </span>alla <span class=\"_\"> </span>corr<span class=\"_ _0\"></span>elata Descamps <span class=\"_\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_\"> </span>di <span class=\"_\"> </span>cui <span class=\"_\"> </span>484 <span class=\"_\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>relat<span class=\"_ _0\"></span>ivi <span class=\"_\"> </span>alla <span class=\"_\"> </span>procedura <span class=\"_\"> </span>di <span class=\"_\"> </span>R\u00e8dr<span class=\"_ _0\"></span>essement judiciaire.   La <span class=\"_ _e\"> </span>perdita <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>val<span class=\"_ _0\"></span>ore <span class=\"_ _f\"> </span>dell'esercizio, <span class=\"_ _f\"> </span>imputata <span class=\"_ _e\"> </span>tr<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>spese <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>vendita <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>determinata <span class=\"_ _f\"> </span>in modo <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>sal<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fond<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>fine <span class=\"_ _d\"></span>dell'eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>rappresen<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>gionevole<span class=\"_ _0\"></span> riduzione <span class=\"_ _e\"> </span>del <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ie <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"> </span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _e\"> </span>ritenuti <span class=\"_ _e\"> </span>inesigibil<span class=\"_ _0\"></span>i. <span class=\"_ _5\"></span>Essa <span class=\"_ _e\"> </span>\u00e8 determinata <span class=\"_\"> </span>sulla <span class=\"_ _a\"> </span>base <span class=\"_\"> </span>di <span class=\"_\"> </span>dati <span class=\"_\"> </span>storici <span class=\"_\"> </span>relativi <span class=\"_\"> </span>al<span class=\"_ _0\"></span>le <span class=\"_\"> </span>perdite <span class=\"_\"> </span>su <span class=\"_\"> </span>crediti <span class=\"_\"> </span>e <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_\"> </span>ragionevoli prospettive <span class=\"_\"> </span>d<span class=\"_ _2\"></span>i <span class=\"_ _1\"> </span>incas<span class=\"_ _0\"></span>so, <span class=\"_ _1\"> </span>applicando <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>tutt<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>i <span class=\"_ _1\"> </span>crediti <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>essere <span class=\"_ _1\"> </span>percentuali <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>svalutazione diverse a seco<span class=\"_ _0\"></span>nda dell\u2019anzi<span class=\"_ _0\"></span>anit\u00e0 del cred<span class=\"_ _0\"></span>ito.  Il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>utilizza <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>fondi <span class=\"_ _a\"> </span>svalutazione <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>riconoscere <span class=\"_ _a\"> </span>le <span class=\"_ _a\"> </span>perdite <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>valore <span class=\"_ _a\"> </span>sui <span class=\"_ _a\"> </span>crediti commerciali; <span class=\"_ _d\"></span>tuttavi<span class=\"_ _0\"></span>a, <span class=\"_ _d\"></span>quando <span class=\"_ _d\"></span>vi <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>certezza <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>sar\u00e0 <span class=\"_ _d\"></span>pos<span class=\"_ _0\"></span>sibile <span class=\"_ _d\"></span>recuperar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>\u2019importo dovuto, <span class=\"_ _e\"> </span>l\u2019ammontar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>consi<span class=\"_ _0\"></span>derato <span class=\"_ _e\"> </span>irrecuperab<span class=\"_ _0\"></span>ile <span class=\"_ _e\"> </span>viene <span class=\"_ _e\"> </span>diret<span class=\"_ _0\"></span>tamente <span class=\"_ _e\"> </span>storna<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>rel<span class=\"_ _0\"></span>ativa attivit\u00e0 f<span class=\"_ _0\"></span>inanziaria c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>contropartita, <span class=\"_ _0\"></span>fino <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>capienza, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>svalutaz<span class=\"_ _0\"></span>ione e, <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l'eventua<span class=\"_ _0\"></span>le eccedenza, il c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico. Per qua<span class=\"_ _0\"></span>nto c<span class=\"_ _0\"></span>oncerne <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>movi<span class=\"_ _0\"></span>menti de<span class=\"_ _0\"></span>l fon<span class=\"_ _0\"></span>do s<span class=\"_ _0\"></span>valutazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>crediti c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i, incl<span class=\"_ _0\"></span>usivo del<span class=\"_ _0\"></span>le attualizzazioni eff<span class=\"_ _0\"></span>ettuate, s<span class=\"_ _0\"></span>i rinvia a q<span class=\"_ _0\"></span>uanto esposto n<span class=\"_ _0\"></span>elle note es<span class=\"_ _0\"></span>plicative al b<span class=\"_ _0\"></span>ilancio. Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>polizza <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>icurativa <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>garanzia <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>validit\u00e0 <span class=\"_ _0\"></span>ed esigibilit\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>pro<span class=\"_ _0\"></span>pri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _d\"></span>commerciali <span class=\"_ _3\"></span>anche <span class=\"_ _3\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>anticipazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e/o <span class=\"_ _3\"></span>sconto <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>valere<span class=\"_ _0\"></span> sulle <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>entual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nee <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dito <span class=\"_ _3\"></span>autoliquidant<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>accordate, <span class=\"_ _3\"></span>emesse <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>pertura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>grale <span class=\"_ _3\"></span>degli importi finanziati <span class=\"_ _0\"></span>dalle Ba<span class=\"_ _0\"></span>nche Finanziatrici <span class=\"_ _0\"></span>attraverso tali<span class=\"_ _0\"></span> linee. 6.2.2 Rischio di liquidit\u00e0 Le <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>adenze <span class=\"_ _3\"></span>contrattuali <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>finanziarie, <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>interessi <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ersare, <span class=\"_ _3\"></span>sono esposte nella t<span class=\"_ _0\"></span>abella segue<span class=\"_ _0\"></span>nte: 31 dicembre 2021Valore Flussi Fin<span class=\"_ _0\"></span>.  0-12 mesi<span class=\"_ _4d\"> </span>1-2 anni<span class=\"_ _3b\"> </span>2-<span class=\"_ _0\"></span>5 anni<span class=\"_ _e4\"> </span>Oltre <span class=\"_ _0\"></span>5 anni(in migliaia di Euro)contabilecontrattualiPassivit\u00e0 finanzi<span class=\"_ _0\"></span>arie non derivateBanche862862862---Leasing f<span class=\"_ _0\"></span>inanziari------Banche a m-<span class=\"_ _0\"></span>l/t17.33317.333807.1707.1762.907Debiti commer<span class=\"_ _0\"></span>ciali e al<span class=\"_ _0\"></span>tri debiti<span class=\"_ _12b\"> </span>30.393<span class=\"_ _a9\"> </span>30.393<span class=\"_ _26\"> </span>29.671<span class=\"_ _12c\"></span>       <span class=\"_ _38\"> </span>299<span class=\"_ _12d\"></span>              <span class=\"_ _0\"></span>  <span class=\"_ _90\"> </span>314<span class=\"_ _12c\"></span>     <span class=\"_ _0\"></span>       <span class=\"_ _d9\"> </span>10<span class=\"_ _0\"></span>9<span class=\"_ _12c\"></span>            Debiti verso altri f<span class=\"_ _0\"></span>inanziator<span class=\"_ _0\"></span>i------Debiti verso altri f<span class=\"_ _0\"></span>inanziator<span class=\"_ _0\"></span>i per Lease30.39230.3926.6825.65112.2245.835Elisione d<span class=\"_ _0\"></span>ebiti------Passivit\u00e0 finanzi<span class=\"_ _0\"></span>arie  derivateInterest ra<span class=\"_ _0\"></span>te swap di copert<span class=\"_ _0\"></span>ura------Contratti a termine su ca<span class=\"_ _0\"></span>mbiFlussi in e<span class=\"_ _0\"></span>ntrata------Flussi in u<span class=\"_ _0\"></span>scita-----31 dicembre 2022Valore Fluss<span class=\"_ _0\"></span>i Fin.  0-12 mes<span class=\"_ _0\"></span>i<span class=\"_ _6d\"> </span>1-2 anni<span class=\"_ _1e\"> </span>2-<span class=\"_ _0\"></span>5 anni<span class=\"_ _e4\"> </span>Oltre 5 anni(in migliaia di Euro)contabi<span class=\"_ _0\"></span>lecontrattualiPassivit\u00e0 finanziar<span class=\"_ _0\"></span>ie non derivateBanche4.6414.6414.641---Leasing finan<span class=\"_ _0\"></span>ziari------Banche a m-l<span class=\"_ _0\"></span>/t16.23916.239-8.5597.680-Debiti commer<span class=\"_ _0\"></span>ciali e alt<span class=\"_ _0\"></span>ri debiti<span class=\"_ _12e\"> </span>43.378<span class=\"_ _12f\"></span>       <span class=\"_ _90\"> </span>43.37<span class=\"_ _0\"></span>8<span class=\"_ _12f\"></span>   <span class=\"_ _2\"></span>    <span class=\"_ _90\"> </span>39.3<span class=\"_ _0\"></span>28<span class=\"_ _12f\"></span>       <span class=\"_ _69\"> </span>2.201<span class=\"_ _130\"></span>           <span class=\"_ _0\"></span>  <span class=\"_ _2a\"> </span>1.<span class=\"_ _0\"></span>849<span class=\"_ _12f\"></span>         <span class=\"_ _23\"> </span>-<span class=\"_ _131\"></span>           <span class=\"_ _0\"></span>  Debiti verso al<span class=\"_ _0\"></span>tri finanziatori653653447206--Debiti verso al<span class=\"_ _0\"></span>tri finanziatori per<span class=\"_ _0\"></span> Lease36.44036.4407.7767.02714.7146.923Elisione deb<span class=\"_ _0\"></span>iti------Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ie  derivateInterest rate <span class=\"_ _0\"></span>swap di copertura------Contratti a termine s<span class=\"_ _0\"></span>u cambiFlussi in<span class=\"_ _0\"></span> entrata------Flussi in<span class=\"_ _0\"></span> uscita-----I flussi futur<span class=\"_ _0\"></span>i indicizzati all\u2019<span class=\"_ _0\"></span>Euribor sono d<span class=\"_ _0\"></span>eterminati in f<span class=\"_ _0\"></span>unzione d<span class=\"_ _0\"></span>ell\u2019ultimo fix<span class=\"_ _0\"></span>ing dell\u2019Euribor.<span class=\"_ _0\"></span> Si evidenzia c<span class=\"_ _0\"></span>he alla data d<span class=\"_ _0\"></span>el 31 dicem<span class=\"_ _0\"></span>bre 2022 non<span class=\"_ _0\"></span> sono in esser<span class=\"_ _0\"></span>e lettere di credit<span class=\"_ _0\"></span>o. Per <span class=\"_ _f\"> </span>ogn<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>u<span class=\"_ _0\"></span>lteriore <span class=\"_ _1\"> </span>informazione <span class=\"_ _f\"> </span>sui <span class=\"_ _1\"> </span>rischi <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>sod<span class=\"_ _0\"></span>disfacimento <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>fabbis<span class=\"_ _0\"></span>ogni <span class=\"_ _1\"> </span>finanziari <span class=\"_ _1\"> </span>si rinvia al paragr<span class=\"_ _0\"></span>afo sulla \u201cContin<span class=\"_ _0\"></span>uit\u00e0 aziendal<span class=\"_ _0\"></span>e\u201d. 6.2.3 Rischio di cambio La <span class=\"_ _f\"> </span>tabella <span class=\"_ _f\"> </span>segue<span class=\"_ _0\"></span>nte <span class=\"_ _f\"> </span>evide<span class=\"_ _0\"></span>nzia <span class=\"_ _f\"> </span>l\u2019esposizion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>rischio <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ambio<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>al valore noziona<span class=\"_ _0\"></span>le:   31/12<span class=\"_ _0\"></span>/2022<span class=\"_ _13a\"> </span> 31/12/2<span class=\"_ _0\"></span>021USD <span class=\"_ _a8\"> </span>CHF<span class=\"_ _cd\"> </span>USD <span class=\"_ _1c\"> </span>CHFCrediti<span class=\"_ _0\"></span> commerc<span class=\"_ _0\"></span>iali<span class=\"_ _132\"> </span>197<span class=\"_ _133\"></span>           <span class=\"_ _0\"></span>     <span class=\"_ _9d\"> </span>40<span class=\"_ _134\"></span>          <span class=\"_ _0\"></span>    <span class=\"_ _ce\"> </span>421<span class=\"_ _135\"></span>           <span class=\"_ _0\"></span>  <span class=\"_ _43\"> </span>1.179<span class=\"_ _134\"></span>    <span class=\"_ _0\"></span>     Debiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali<span class=\"_ _16\"> </span>716<span class=\"_ _133\"></span>               <span class=\"_ _0\"></span> <span class=\"_ _85\"> </span>290<span class=\"_ _134\"></span>          <span class=\"_ _0\"></span>  <span class=\"_ _38\"> </span>362<span class=\"_ _135\"></span>            <span class=\"_ _0\"></span> <span class=\"_ _46\"> </span>172<span class=\"_ _134\"></span> <span class=\"_ _0\"></span>           Espos<span class=\"_ _0\"></span>izione lord<span class=\"_ _0\"></span>a nel pr<span class=\"_ _0\"></span>ospetto de<span class=\"_ _0\"></span>lla situa<span class=\"_ _0\"></span>zione patrim<span class=\"_ _0\"></span>oniale-<span class=\"_ _0\"></span>finanziaria519<span class=\"_ _136\"></span>-           <span class=\"_ _0\"></span>     <span class=\"_ _85\"> </span>250<span class=\"_ _137\"></span>-          <span class=\"_ _0\"></span>  <span class=\"_ _138\"> </span>59<span class=\"_ _135\"></span>         <span class=\"_ _0\"></span>      <span class=\"_ _cf\"> </span>1.007<span class=\"_ _139\"></span>         Espos<span class=\"_ _0\"></span>izione lord<span class=\"_ _0\"></span>a -           <span class=\"_ _0\"></span>    519-          <span class=\"_ _0\"></span> 250591.007Acqui<span class=\"_ _0\"></span>sti previsti<span class=\"_ _0\"></span> stima<span class=\"_ _0\"></span>tiContratti a<span class=\"_ _0\"></span> termin<span class=\"_ _0\"></span>e su ca<span class=\"_ _0\"></span>mbiEspos<span class=\"_ _0\"></span>izione nett<span class=\"_ _0\"></span>a-           <span class=\"_ _0\"></span>    519-          <span class=\"_ _0\"></span> 250591.007I principali tassi<span class=\"_ _0\"></span> di cambio a<span class=\"_ _0\"></span>pplicati nel cors<span class=\"_ _0\"></span>o dell\u2019eser<span class=\"_ _0\"></span>cizio sono i segue<span class=\"_ _0\"></span>nti:  Cambio m<span class=\"_ _0\"></span>edio<span class=\"_ _29\"> </span>Cambio<span class=\"_ _0\"></span> fine ese<span class=\"_ _0\"></span>rc.2022<span class=\"_ _cf\"> </span>2021<span class=\"_ _a3\"> </span>2022<span class=\"_ _f3\"> </span>2021USD1,05001,181<span class=\"_ _0\"></span>61,06661,1326CHF1,00171,079<span class=\"_ _0\"></span>90,98471,0331Analisi di sensit<span class=\"_ _0\"></span>ivit\u00e0  Un <span class=\"_ _e\"> </span>apprezzame<span class=\"_ _0\"></span>nto <span class=\"_ _e\"> </span>dell\u2019Euro <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>5 <span class=\"_ _e\"> </span>cent<span class=\"_ _0\"></span>esimi <span class=\"_ _e\"> </span>rispetto <span class=\"_ _f\"> </span>al <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>ollaro <span class=\"_ _e\"> </span>avrebbe <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>omportato <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>31<span class=\"_ _0\"></span> dicembre <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>diminu<span class=\"_ _0\"></span>zione <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>23 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di Euro <span class=\"_ _3\"></span>(aumento <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>021). <span class=\"_ _3\"></span>Un <span class=\"_ _3\"></span>deprezzamento <span class=\"_ _3\"></span>dell\u2019Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>centes<span class=\"_ _0\"></span>imi rispetto <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>llaro <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>causato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>aumento <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>ultato <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>al 31 <span class=\"_ _f\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>25 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Euro <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>diminuz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>2 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>nel <span class=\"_ _1\"> </span>2021), presupponendo ch<span class=\"_ _0\"></span>e tutte le altre v<span class=\"_ _0\"></span>ariabili si<span class=\"_ _0\"></span>ano rimaste <span class=\"_ _0\"></span>costanti. <span class=\"_ _0\"></span> Un <span class=\"_ _3\"></span>apprezzamento <span class=\"_ _3\"></span>dell\u2019Euro <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>centesimi <span class=\"_ _3\"></span>rispetto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>franco <span class=\"_ _3\"></span>svizzero <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>comportato<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _f\"> </span>2022<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>una<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>diminuz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>patrimoni<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>netto <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>risultato <span class=\"_ _1\"> </span>netto <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>12 migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>(aumento <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>45 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>2021). <span class=\"_ _3\"></span>Un <span class=\"_ _3\"></span>deprez<span class=\"_ _0\"></span>zamento <span class=\"_ _3\"></span>dell\u2019Euro <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> 5 <span class=\"_\"> </span>c<span class=\"_ _0\"></span>entesimi <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>dollaro <span class=\"_\"> </span>avrebb<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>causato <span class=\"_\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>au<span class=\"_ _2\"></span>mento <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _a\"> </span>netto <span class=\"_ _a\"> </span>e<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>del patrimonio <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>13 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>(d<span class=\"_ _0\"></span>iminuzione <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>50 <span class=\"_ _5\"></span>migliaia <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> Euro nel 20<span class=\"_ _0\"></span>21), presuppon<span class=\"_ _0\"></span>endo che tutte <span class=\"_ _0\"></span>le altre var<span class=\"_ _0\"></span>iabili siano rimaste c<span class=\"_ _0\"></span>ostanti. <span class=\"_ _0\"></span> 6.2.4 Rischio di tasso di interesse Il <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>strumenti <span class=\"_ _f\"> </span>finanziari <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>Gr<span class=\"_ _0\"></span>uppo, <span class=\"_ _f\"> </span>distinto <span class=\"_ _f\"> </span>tra <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _f\"> </span>fruttiferi <span class=\"_ _f\"> </span>di interessi e strum<span class=\"_ _0\"></span>enti infruttif<span class=\"_ _0\"></span>eri, alla data <span class=\"_ _0\"></span>di chiusura de<span class=\"_ _0\"></span>l bilanci<span class=\"_ _0\"></span>o era il segu<span class=\"_ _0\"></span>ente: 2022<span class=\"_ _13b\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Strumenti fin<span class=\"_ _0\"></span>anziari frutt<span class=\"_ _0\"></span>iferi  a tass<span class=\"_ _0\"></span>o fissoAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie--Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie--Strumenti fin<span class=\"_ _0\"></span>anziari frutt<span class=\"_ _0\"></span>iferi a tasso variabileAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie16.17<span class=\"_ _0\"></span>725.311Elisi<span class=\"_ _0\"></span>one  cred<span class=\"_ _0\"></span>iti--Totale attivit\u00e0<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>e16.17<span class=\"_ _0\"></span>725.311Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie(57.973<span class=\"_ _0\"></span>)(48.587)Elisi<span class=\"_ _0\"></span>one debitiTotale pass<span class=\"_ _0\"></span>ivit\u00e0 fina<span class=\"_ _0\"></span>nziarie(57.973<span class=\"_ _0\"></span>)(48.587)Strumenti fin<span class=\"_ _0\"></span>anziari in<span class=\"_ _0\"></span>fruttiferiAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie21.63<span class=\"_ _0\"></span>322.974Elisi<span class=\"_ _0\"></span>one  cred<span class=\"_ _0\"></span>iti--Totale attivit\u00e0<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>e21.63<span class=\"_ _0\"></span>322.974Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie(43.378<span class=\"_ _0\"></span>)(30.393)Elisi<span class=\"_ _0\"></span>one debiti--Totale pass<span class=\"_ _0\"></span>ivit\u00e0 fina<span class=\"_ _0\"></span>nziarie(43.378<span class=\"_ _0\"></span>)(30.393)Gli <span class=\"_ _3\"></span>strumenti<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _3\"></span>frutt<span class=\"_ _0\"></span>iferi <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>tasso <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>ariabile <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ostituiti <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>disp<span class=\"_ _0\"></span>onibilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>assa,<span class=\"_ _0\"></span> dai <span class=\"_ _5\"></span>crediti <span class=\"_ _e\"> </span>finanziari <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ollegate/correlate, <span class=\"_ _e\"> </span>dai <span class=\"_ _5\"> </span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _5\"></span>correnti <span class=\"_ _e\"> </span>e <span class=\"_ _5\"></span>a <span class=\"_ _5\"> </span>me<span class=\"_ _0\"></span>dio-lungo <span class=\"_ _5\"> </span>t<span class=\"_ _0\"></span>ermine per l\u2019utilizzo de<span class=\"_ _0\"></span>i beni in Le<span class=\"_ _0\"></span>ase, dai de<span class=\"_ _0\"></span>biti correnti e medio-<span class=\"_ _0\"></span>lungo ter<span class=\"_ _0\"></span>mine verso banc<span class=\"_ _0\"></span>he.  La <span class=\"_ _d\"></span>variazione <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>tassi <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>effetti <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span>gnificativi <span class=\"_ _d\"></span>so<span class=\"_ _0\"></span>ltanto <span class=\"_ _5\"></span>sui <span class=\"_ _d\"></span>flussi <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>debiti <span class=\"_ _d\"></span>a medio/lungo t<span class=\"_ _0\"></span>ermine in con<span class=\"_ _0\"></span>siderazione de<span class=\"_ _0\"></span>lla loro <span class=\"ff4\">matu<span class=\"_ _0\"></span>rity</span>. I de<span class=\"_ _0\"></span>biti <span class=\"_ _0\"></span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _0\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>uovo <span class=\"_ _0\"></span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>edono <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>rimborso<span class=\"_ _0\"></span> delle <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>omme <span class=\"_ _5\"></span>erogate <span class=\"_ _d\"></span>ad <span class=\"_ _5\"></span>un <span class=\"_ _d\"></span>tasso <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>all\u2019Euri<span class=\"_ _0\"></span>bor <span class=\"_ _d\"></span>maggiorat<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>3,<span class=\"_ _0\"></span>25% <span class=\"_ _d\"></span>(325 punti base per <span class=\"_ _0\"></span>anno) per tut<span class=\"_ _0\"></span>ta la durata <span class=\"_ _0\"></span>del contratt<span class=\"_ _0\"></span>o. 6.3 Gestione del capitale L\u2019obiettivo pr<span class=\"_ _0\"></span>imario de<span class=\"_ _0\"></span>lla gestione d<span class=\"_ _0\"></span>el cap<span class=\"_ _0\"></span>itale d<span class=\"_ _0\"></span>el Gruppo <span class=\"_ _0\"></span>\u00e8 garantire <span class=\"_ _0\"></span>che si<span class=\"_ _0\"></span>a mant<span class=\"_ _0\"></span>enuto un<span class=\"_ _0\"></span> solido <span class=\"_ _3\"></span>rat<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editizio <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>adegu<span class=\"_ _0\"></span>ati <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>ivelli <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>indic<span class=\"_ _0\"></span>atori <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>pitale <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>odo <span class=\"_ _d\"></span>da <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>upportare l\u2019attivit\u00e0, massim<span class=\"_ _0\"></span>izzare il valor<span class=\"_ _0\"></span>e per gli azionist<span class=\"_ _0\"></span>i e ridurr<span class=\"_ _0\"></span>e il costo del ca<span class=\"_ _0\"></span>pitale.  Il <span class=\"_ _f\"> </span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _1\"> </span>gestisce <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>strut<span class=\"_ _0\"></span>tura <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>capit<span class=\"_ _0\"></span>ale <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>lo <span class=\"_ _f\"> </span>mod<span class=\"_ _0\"></span>ifica <span class=\"_ _1\"> </span>in <span class=\"_ _f\"> </span>funz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>var<span class=\"_ _0\"></span>iazioni <span class=\"_ _1\"> </span>nelle condizioni econom<span class=\"_ _0\"></span>iche.  Per <span class=\"_ _f\"> </span>mantenere <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>ade<span class=\"_ _0\"></span>guare <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>struttur<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>apitale, <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _e\"> </span>pu\u00f2 <span class=\"_ _f\"> </span>adeg<span class=\"_ _0\"></span>uare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>dividend<span class=\"_ _0\"></span>i pagati agli azion<span class=\"_ _0\"></span>isti, rimbor<span class=\"_ _0\"></span>sare il capital<span class=\"_ _0\"></span>e o emettere <span class=\"_ _0\"></span>nuove azioni.<span class=\"_ _0\"></span> Il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>ver<span class=\"_ _0\"></span>ifica <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _d\"></span>capitale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>mediant<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>rappo<span class=\"_ _0\"></span>rto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span><span class=\"ff4\">gearing</span>,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _d\"></span>ra<span class=\"_ _0\"></span>pportando <span class=\"_ _d\"></span>il<span class=\"_ _0\"></span> debito netto a<span class=\"_ _0\"></span>l totale del pa<span class=\"_ _0\"></span>trimonio net<span class=\"_ _0\"></span>to pi\u00f9 il de<span class=\"_ _0\"></span>bito netto.  L\u2019indice <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>quale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>proporzione <span class=\"_ _d\"></span>le <span class=\"_ _d\"></span>risorse <span class=\"_ _d\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>terzi <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iano <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>qu<span class=\"_ _0\"></span>antit\u00e0 di capitale neces<span class=\"_ _0\"></span>sario per <span class=\"_ _0\"></span>la continuit\u00e0 de<span class=\"_ _0\"></span>lla vita azien<span class=\"_ _0\"></span>dale. 2022<span class=\"_ _13b\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Debiti fi<span class=\"_ _0\"></span>nanziari<span class=\"_ _3c\"> </span>57.973<span class=\"_ _13c\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _13d\"> </span>48.587<span class=\"_ _13e\"></span>       <span class=\"_ _0\"></span>    Crediti fin<span class=\"_ _0\"></span>anziari<span class=\"_ _13f\"> </span>-<span class=\"_ _135\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _78\"> </span>-<span class=\"_ _140\"></span>       <span class=\"_ _0\"></span>          Disponib<span class=\"_ _0\"></span>ilit\u00e0<span class=\"_ _141\"> </span>(16.177<span class=\"_ _0\"></span>)<span class=\"_ _18\"> </span>(25.311)Debito net<span class=\"_ _0\"></span>to<span class=\"_ _b0\"> </span>4<span class=\"_ _0\"></span>1.796<span class=\"_ _13c\"></span>         <span class=\"_ _0\"></span>  <span class=\"_ _13d\"> </span>23.276<span class=\"_ _13e\"></span>         <span class=\"_ _0\"></span>  Patrimoni<span class=\"_ _0\"></span>o nett<span class=\"_ _0\"></span>o<span class=\"_ _16\"> </span>49.068<span class=\"_ _13c\"></span>           <span class=\"_ _13d\"> </span>54.<span class=\"_ _0\"></span>044<span class=\"_ _13c\"></span> <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   Totale capi<span class=\"_ _0\"></span>tale<span class=\"_ _142\"> </span>90.86<span class=\"_ _0\"></span>4<span class=\"_ _143\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _13d\"> </span>77.320<span class=\"_ _13e\"></span>       <span class=\"_ _0\"></span>    Gearing ra<span class=\"_ _0\"></span>tio<span class=\"_ _144\"> </span><span class=\"ff3\">46,00<span class=\"_ _0\"></span>%<span class=\"_ _cd\"> </span>30,1<span class=\"_ _0\"></span>0%</span>6.4 Classi di strumenti finanziariGli <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _5\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>scritti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ello <span class=\"_ _5\"></span>stato <span class=\"_ _5\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>Gruppo <span class=\"_ _5\"> </span>sono <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>\u00ec <span class=\"_ _5\"></span>raggruppabili per classi: Finanziamen<span class=\"_ _0\"></span>ti Attiv. Fin.ri<span class=\"_ _0\"></span>e al fair<span class=\"_ _0\"></span> Passi<span class=\"_ _0\"></span>vit\u00e0  al e cred<span class=\"_ _0\"></span>iti - costo<span class=\"_ _0\"></span> value imp<span class=\"_ _0\"></span>utato a costo<span class=\"_ _0\"></span> Totaleammortizzatoconto e<span class=\"_ _0\"></span>conomicoammo<span class=\"_ _0\"></span>rtizzato(in migliaia di e<span class=\"_ _0\"></span>uro)31 dic<span class=\"_ _0\"></span>embre 2021ATTIVODisponibil<span class=\"_ _0\"></span>it\u00e025.311--25.311Attiv. Fin.r<span class=\"_ _0\"></span>ie al fair<span class=\"_ _0\"></span> value imp<span class=\"_ _0\"></span>utato a conto e<span class=\"_ _0\"></span>conomico-<span class=\"_ _145\"></span>             <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span>      <span class=\"_ _146\"> </span>-<span class=\"_ _147\"></span>             <span class=\"_ _0\"></span>    Crediti per<span class=\"_ _0\"></span> derivati----Crediti c<span class=\"_ _0\"></span>ommercia<span class=\"_ _0\"></span>li e altr<span class=\"_ _0\"></span>i crediti22.97422.974Totale48.285--48.285PASSIVODebiti verso<span class=\"_ _0\"></span> banche e<span class=\"_ _0\"></span> altre pas<span class=\"_ _0\"></span>s.fin.--48.58748.587Debiti pe<span class=\"_ _0\"></span>r derivati---Debiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali e alt<span class=\"_ _0\"></span>ri debiti30.39330.393Totale--78.98078.980Finanziamen<span class=\"_ _0\"></span>ti Attiv. Fin.rie<span class=\"_ _0\"></span> al fair Passivit\u00e0  <span class=\"_ _0\"></span>al e credit<span class=\"_ _0\"></span>i - cost<span class=\"_ _0\"></span>o value imputa<span class=\"_ _0\"></span>to a costo Totaleammortizzatoconto e<span class=\"_ _0\"></span>conomic<span class=\"_ _0\"></span>oammortizzato(in migliaia di euro)31 dicembr<span class=\"_ _0\"></span>e 2022ATTIVODisponib<span class=\"_ _0\"></span>ilit\u00e016.177--16.177Attiv. Fin.ri<span class=\"_ _0\"></span>e al fair valu<span class=\"_ _0\"></span>e imputa<span class=\"_ _0\"></span>to a conto e<span class=\"_ _0\"></span>conomic<span class=\"_ _0\"></span>o-<span class=\"_ _148\"></span>         <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>        <span class=\"_ _149\"> </span>-<span class=\"_ _14a\"></span>         <span class=\"_ _0\"></span>        Crediti per <span class=\"_ _0\"></span>derivati----Crediti co<span class=\"_ _0\"></span>mmercia<span class=\"_ _0\"></span>li e altr<span class=\"_ _0\"></span>i crediti21.63321.633Totale37.810--37.810PASSIVODebiti verso<span class=\"_ _0\"></span> banche e <span class=\"_ _0\"></span>altre pas<span class=\"_ _0\"></span>s.fin.--57.97357.973Debiti per <span class=\"_ _0\"></span>derivati---Debiti co<span class=\"_ _0\"></span>mmercia<span class=\"_ _0\"></span>li e altri d<span class=\"_ _0\"></span>ebiti43.37843.378Totale--101.351101.351Si segnala che n<span class=\"_ _0\"></span>on vi sono s<span class=\"_ _0\"></span>tate riclass<span class=\"_ _0\"></span>ifiche tra le dive<span class=\"_ _0\"></span>rse categori<span class=\"_ _0\"></span>e. 6.5 Fair value Nella <span class=\"_\"> </span>s<span class=\"_ _0\"></span>eguente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>t<span class=\"_ _2\"></span>abe<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>esposti <span class=\"_ _a\"> </span>per <span class=\"_\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _a\"> </span>finanziaria, <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>valore contabile iscr<span class=\"_ _0\"></span>itto nello stato<span class=\"_ _0\"></span> patrimonia<span class=\"_ _0\"></span>le ed il relativo f<span class=\"_ _0\"></span>air value: 31 di<span class=\"_ _0\"></span>cembre 202<span class=\"_ _0\"></span>2<span class=\"_ _9d\"> </span>31 dicembre 2<span class=\"_ _0\"></span>021Valore Valore Fair ValueFair Value(in migliaia di euro)contabi<span class=\"_ _0\"></span>lecontabi<span class=\"_ _0\"></span>leDisponibi<span class=\"_ _0\"></span>lit\u00e0 investi<span class=\"_ _0\"></span>te in valori<span class=\"_ _0\"></span> mobili<span class=\"_ _0\"></span>ariCrediti com<span class=\"_ _0\"></span>merciali<span class=\"_ _0\"></span>/finanziari<span class=\"_ _0\"></span> e altri cre<span class=\"_ _0\"></span>diti21.63321.63322.97422.974Disponibi<span class=\"_ _0\"></span>lit\u00e0 liqu<span class=\"_ _0\"></span>ide e me<span class=\"_ _0\"></span>zzi equivalenti16.17716.17725.31125.311Contratti a t<span class=\"_ _0\"></span>ermine su<span class=\"_ _0\"></span> cambi <span class=\"_ _0\"></span>di copertu<span class=\"_ _0\"></span>raAttivit\u00e0 ----Passivit\u00e0----Altri cont<span class=\"_ _0\"></span>ratti a term<span class=\"_ _0\"></span>ine su <span class=\"_ _0\"></span>cambi----Passivit\u00e0 pe<span class=\"_ _0\"></span>r leasing<span class=\"_ _0\"></span> finanzia<span class=\"_ _0\"></span>ri----Debiti banca<span class=\"_ _0\"></span>ri a breve<span class=\"_ _0\"></span> termine (4.641<span class=\"_ _0\"></span>)(4.641)(862)(862)Debiti verso<span class=\"_ _0\"></span> banche a <span class=\"_ _0\"></span>m/l termin<span class=\"_ _0\"></span>e(16.239)(16.239)(17.333)(17.33<span class=\"_ _0\"></span>3)Debiti v/alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> (653)(653)--Debiti v.so<span class=\"_ _0\"></span> altri fina<span class=\"_ _0\"></span>n. a breve pe<span class=\"_ _0\"></span>r Lease(7.776<span class=\"_ _0\"></span>)(7.776)(6.693)(6.693)Debiti v.so<span class=\"_ _0\"></span> altri fin. <span class=\"_ _0\"></span>a m/lungo<span class=\"_ _0\"></span> per Lease(28.664)(28.664)(23.699)(23.69<span class=\"_ _0\"></span>9)Debiti co<span class=\"_ _0\"></span>mmerciali <span class=\"_ _0\"></span>e altri <span class=\"_ _0\"></span>debiti(43.378)(43.378)(30.393)(30.39<span class=\"_ _0\"></span>3)Elisione <span class=\"_ _0\"></span>crediti e<span class=\"_ _0\"></span> debiti ----Totale (63.541)(63.541)(30.695)(30.69<span class=\"_ _0\"></span>5)Criteri per la d<span class=\"_ _0\"></span>eterminazion<span class=\"_ _0\"></span>e del fair value  I <span class=\"_\"> </span>me<span class=\"_ _2\"></span>tod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_\"> </span>assunzioni <span class=\"_\"> </span>utilizzate <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _1\"> </span>degl<span class=\"_ _0\"></span>i strumenti f<span class=\"_ _0\"></span>inanziari sono indic<span class=\"_ _0\"></span>ati di seguito<span class=\"_ _0\"></span>.  Strumenti fina<span class=\"_ _0\"></span>nziari derivati Il <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>termine <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>cambi <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>determinato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>quotazione alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>disponib<span class=\"_ _0\"></span>ile. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quotazione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> mercato, i<span class=\"_ _0\"></span>l fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>\u00e8 s<span class=\"_ _0\"></span>timato <span class=\"_ _0\"></span>attual<span class=\"_ _0\"></span>izzando la<span class=\"_ _0\"></span> differe<span class=\"_ _0\"></span>nza <span class=\"_ _0\"></span>tra il <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ermine <span class=\"_ _0\"></span>definito <span class=\"_ _0\"></span>dal contratto <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>esiduale <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>utilizzando <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>privo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>risc<span class=\"_ _0\"></span>hio. <span class=\"_ _3\"></span>Nell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>eff<span class=\"_ _0\"></span>ettuate <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span>perazioni<span class=\"_ _0\"></span> che hanno prev<span class=\"_ _0\"></span>isto l\u2019utilizzo<span class=\"_ _0\"></span> di strumenti f<span class=\"_ _0\"></span>inanziari derivati. Passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie  Il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _3\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span> attesi <span class=\"_ _5\"></span>futuri <span class=\"_ _e\"> </span>attualizz<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>tasso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>mercato <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _5\"></span>del bilancio.  Crediti commercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti Il <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>dei flussi <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>capitale <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>interessi <span class=\"_ _d\"></span>attua<span class=\"_ _0\"></span>lizzato <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interess<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>mercato<span class=\"_ _0\"></span> rilevato alla da<span class=\"_ _0\"></span>ta di chiusur<span class=\"_ _0\"></span>a del bilancio. <span class=\"_ _0\"></span> Tassi di interes<span class=\"_ _0\"></span>se utilizzati <span class=\"_ _0\"></span>per calcolare il fair v<span class=\"_ _0\"></span>alue I <span class=\"_ _e\"> </span>tassi <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>interesse <span class=\"_ _f\"> </span>utilizzati <span class=\"_ _e\"> </span>per <span class=\"_ _f\"> </span>attualizzare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>isti, <span class=\"_ _e\"> </span>ove <span class=\"_ _f\"> </span>applicabile, <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i basano su<span class=\"_ _0\"></span>lla curva <span class=\"_ _0\"></span>dei tas<span class=\"_ _0\"></span>si di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di bila<span class=\"_ _0\"></span>ncio increm<span class=\"_ _0\"></span>entati d<span class=\"_ _0\"></span>i un cr<span class=\"_ _0\"></span>edit spread<span class=\"_ _0\"></span> adeguato e so<span class=\"_ _0\"></span>no riportati n<span class=\"_ _0\"></span>ella tabe<span class=\"_ _0\"></span>lla seguente: <span class=\"_ _0\"></span> (in migliaia di euro)2022<span class=\"_ _ce\"> </span>2021Contratti d<span class=\"_ _0\"></span>i fina<span class=\"_ _0\"></span>nziamento3,25%3,25%Contratti d<span class=\"_ _0\"></span>i leas<span class=\"_ _0\"></span>ing (IFRS 1<span class=\"_ _0\"></span>6)1,00 <span class=\"_ _0\"></span>% -3,75%1,00 <span class=\"_ _0\"></span>% -3,75%SEZIONE B - INFORMATIVA SETTOR<span class=\"_ _0\"></span>IALE Nota 7 INFORMATIVA PER SETTORI OPERATIVI In <span class=\"_ _d\"></span>applicaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uanto <span class=\"_ _5\"></span>previsto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019IFRS <span class=\"_ _5\"></span>8 <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>Settori <span class=\"_ _5\"></span>operativi\u201d, <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>isciplina <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>oncetto dell\u2019approcci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>direzi<span class=\"_ _0\"></span>onale <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>predisporr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>\u2019informativa<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>sett<span class=\"_ _0\"></span>ore, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>gnala <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>pi\u00f9 <span class=\"_ _d\"></span>alt<span class=\"_ _0\"></span>o livello <span class=\"_ _f\"> </span>decis<span class=\"_ _0\"></span>ionale <span class=\"_ _f\"> </span>op<span class=\"_ _0\"></span>erativo <span class=\"_ _f\"> </span>(CO<span class=\"_ _0\"></span>DM <span class=\"_ _f\"> </span>\u2013 <span class=\"_ _1\"> </span>Chief <span class=\"_ _f\"> </span>Operati<span class=\"_ _0\"></span>ng <span class=\"_ _f\"> </span>Decision <span class=\"_ _1\"> </span>Maker) <span class=\"_ _f\"> </span>si <span class=\"_ _1\"> </span>identifica <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>l Consiglio <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>Amministrazi<span class=\"_ _0\"></span>one. <span class=\"_ _a\"> </span>I <span class=\"_ _b\"> </span>settori <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>attivit\u00e0, <span class=\"_ _b\"> </span>i <span class=\"_ _a\"> </span>cui <span class=\"_ _b\"> </span>andamenti<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>risultat<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>vengono<span class=\"_ _0\"></span> periodicamente <span class=\"_ _e\"> </span>rivisti <span class=\"_ _e\"> </span>dal <span class=\"_ _5\"></span>COD<span class=\"_ _0\"></span>M, <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>fine <span class=\"_ _5\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>alloc<span class=\"_ _0\"></span>are <span class=\"_ _5\"> </span>le <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>isorse <span class=\"_ _e\"> </span>e <span class=\"_ _5\"> </span>val<span class=\"_ _0\"></span>utarne <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>isultati, <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> rappresentati <span class=\"_ _3e\"> </span>dalle <span class=\"_ _13\"> </span>seg<span class=\"_ _0\"></span>uenti <span class=\"_ _13\"> </span>Bus<span class=\"_ _0\"></span>iness <span class=\"_ _3e\"> </span>Unit: <span class=\"_ _13\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _13\"> </span>Zucchi <span class=\"_ _3e\"> </span>con <span class=\"_ _13\"> </span>le <span class=\"_ _3e\"> </span>proprie <span class=\"_ _13\"> </span>f<span class=\"_ _0\"></span>iliali commerciali <span class=\"_ _3\"></span>estere, <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsociata <span class=\"_ _3\"></span>americana <span class=\"_ _3\"></span>Mascioni <span class=\"_ _3\"></span>USA <span class=\"_ _0\"></span>Inc., <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>attualmente <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ancora in <span class=\"_\"> </span>fase <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>ristrutturaz<span class=\"_ _0\"></span>ione, <span class=\"_ _a\"> </span>si <span class=\"_\"> </span>occupa <span class=\"_\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_\"> </span>settor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>hospita<span class=\"_ _0\"></span>lity, <span class=\"_\"> </span>Bas<span class=\"_ _0\"></span>italia <span class=\"_ _a\"> </span>S.r.l. <span class=\"_\"> </span>che <span class=\"_\"> </span>s<span class=\"_ _0\"></span>volge<span class=\"_ _0\"></span> prevalentemente u<span class=\"_ _0\"></span>n\u2019attiv<span class=\"_ _0\"></span>it\u00e0 legata all\u2019hom<span class=\"_ _0\"></span>e decor ed al<span class=\"_ _0\"></span>la rinnovazio<span class=\"_ _0\"></span>ne. La <span class=\"_ _e\"> </span>Busi<span class=\"_ _0\"></span>ness <span class=\"_ _e\"> </span>U<span class=\"_ _0\"></span>nit <span class=\"_ _e\"> </span>Zuc<span class=\"_ _0\"></span>chi <span class=\"_ _e\"> </span>e <span class=\"_ _f\"> </span>Filiali <span class=\"_ _f\"> </span>si <span class=\"_ _e\"> </span>occupa<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>della <span class=\"_ _f\"> </span>vendita <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>della <span class=\"_ _f\"> </span>commercia<span class=\"_ _0\"></span>lizzazione <span class=\"_ _f\"> </span>di articoli di bianc<span class=\"_ _0\"></span>heria per la <span class=\"_ _0\"></span>casa a marchio Z<span class=\"_ _0\"></span>ucchi, Ba<span class=\"_ _0\"></span>ssetti e Descamps.<span class=\"_ _0\"></span> Gli <span class=\"_ _5\"> </span>artic<span class=\"_ _0\"></span>oli <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>preced<span class=\"_ _0\"></span>enza <span class=\"_ _e\"> </span>citati <span class=\"_ _5\"></span>sono <span class=\"_ _e\"> </span>venduti <span class=\"_ _e\"> </span>nella <span class=\"_ _e\"> </span>fascia <span class=\"_ _e\"> </span>media <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>medio-alta <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>mercato attraverso <span class=\"_ _b\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _14\"> </span>l\u2019utilizzo <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>de<span class=\"_ _0\"></span>ttaglianti <span class=\"_ _b\"> </span>tra<span class=\"_ _0\"></span>dizionali, <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>catena <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>neg<span class=\"_ _0\"></span>ozi monomarca dirett<span class=\"_ _0\"></span>i o in fran<span class=\"_ _0\"></span>chising e della <span class=\"_ _0\"></span>grande distr<span class=\"_ _0\"></span>ibuzione (\u201cGDO\u201d<span class=\"_ _0\"></span>). Nella <span class=\"_ _f\"> </span>Business <span class=\"_ _f\"> </span>Unit <span class=\"_ _e\"> </span>Zuc<span class=\"_ _0\"></span>chi <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>F<span class=\"_ _0\"></span>iliali, <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>par<span class=\"_ _0\"></span>tire <span class=\"_ _f\"> </span>dalla <span class=\"_ _f\"> </span>data <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>acq<span class=\"_ _0\"></span>uisizione <span class=\"_ _f\"> </span>integra<span class=\"_ _0\"></span>le <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>22 luglio 2022, sono s<span class=\"_ _0\"></span>tate incl<span class=\"_ _0\"></span>use le vendite <span class=\"_ _0\"></span>del gruppo D<span class=\"_ _0\"></span>escamps S.A.<span class=\"_ _0\"></span>S.. Si <span class=\"_ _5\"></span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _e\"> </span>che <span class=\"_ _5\"></span>la <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _e\"> </span>S.r.l., <span class=\"_ _e\"> </span>che <span class=\"_ _5\"> </span>inizialmente <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>occupava <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>vendita <span class=\"_ _5\"> </span>di<span class=\"_ _0\"></span> abbigliamento <span class=\"_ _9\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>ba<span class=\"_ _0\"></span>mbini <span class=\"_ _9\"> </span>tramite <span class=\"_ _9\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>negozi<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>ramo <span class=\"_ _9\"> </span>Kid<span class=\"_ _0\"></span>iliz <span class=\"_ _9\"> </span>acq<span class=\"_ _0\"></span>uisiti <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>Tribunale Fallimentare <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Parigi, ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onvertito <span class=\"_ _0\"></span>l\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>negozi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>dita d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>bianch<span class=\"_ _0\"></span>eria <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la casa. <span class=\"_ _5\"> </span>Conseg<span class=\"_ _0\"></span>uentemente <span class=\"_ _e\"> </span>la <span class=\"_ _5\"></span>societ\u00e0,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dall\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>2022, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"></span>stata <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>nglobata <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>ella <span class=\"_ _5\"> </span>Bus<span class=\"_ _0\"></span>iness Unit <span class=\"_ _f\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>F<span class=\"_ _0\"></span>iliali; <span class=\"_ _1\"> </span>i <span class=\"_ _1\"> </span>risultati <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ettore <span class=\"_ _1\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ell\u2019esercizio <span class=\"_ _1\"> </span>precedente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>riferivano principalmente a<span class=\"_ _0\"></span>lle vendite <span class=\"_ _0\"></span>di abbigliamen<span class=\"_ _0\"></span>to per bambi<span class=\"_ _0\"></span>ni. Basitalia <span class=\"_ _0\"></span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>occupa <span class=\"_ _0\"></span>prevale<span class=\"_ _0\"></span>ntemente <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>nuovo <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>legat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>all\u2019ho<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>alla rinnovazione.<span class=\"_ _0\"></span> Si <span class=\"_ _123\"> </span>evidenzia <span class=\"_ _123\"> </span>che <span class=\"_ _123\"> </span>la <span class=\"_ _123\"> </span>Busines<span class=\"_ _0\"></span>s <span class=\"_ _123\"> </span>Unit <span class=\"_ _123\"> </span>Hospitali<span class=\"_ _0\"></span>ty, <span class=\"_ _123\"> </span>che <span class=\"_ _123\"> </span>dovr\u00e0 <span class=\"_ _123\"> </span>occupa<span class=\"_ _0\"></span>rsi <span class=\"_ _123\"> </span>della commercializz<span class=\"_ _0\"></span>azione di<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>dotti pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>hotels <span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>unit\u00e0, <span class=\"_ _0\"></span>attualmente<span class=\"_ _0\"></span> \u00e8<span class=\"_ _0\"></span> ancora<span class=\"_ _0\"></span> in <span class=\"_ _0\"></span>fase <span class=\"_ _0\"></span>di ristrutturazione <span class=\"_ _0\"></span>e non si prev<span class=\"_ _0\"></span>edono effetti<span class=\"_ _0\"></span> per l\u2019anno 20<span class=\"_ _0\"></span>23.  Conto economico 2021 2021V. Zuc<span class=\"_ _0\"></span>chi e (in migliaia di euro)Hospitality<span class=\"_ _e4\"> </span>B<span class=\"_ _0\"></span>asitalia<span class=\"_ _81\"> </span>Zuck<span class=\"_ _0\"></span>ids<span class=\"_ _26\"> </span>Rettifiche<span class=\"_ _14b\"> </span>ConsolidatoFilialiVendite di sett<span class=\"_ _0\"></span>ore 88.873-4259.415-98.713Vendite da transazioni con altri settori <span class=\"_ _0\"></span>operativi3.681--3(3.684)-Vendite verso terzi92.554-4259.418(3.684)98.713Variaz.% 2021/202031,1%100,0%1912,4%38,9%Costo del venduto49.366-2893.653(3.232)50.076Margine industriale43.188-1365.765(452)48.637Costi operativi32.164-1.3439.608(843)42.272Altri costi<span class=\"_ _0\"></span> e (ricavi)(556)-(924)(535)877(1.138)Oneri e (proventi) di ristrutturazione375--6-381Risultato operativo (EBIT)11.205-(283)(3.314)(486)7.122% sui ricav<span class=\"_ _0\"></span>i12,1%-66,6%-35,2%7,2%Oneri (proventi) finanziar<span class=\"_ _2\"></span>i netti1.226-56405(49)1.638(Proventi) finanziari netti(216)----(216)Oneri finanziari netti1.442-56405(49)1.854(Proventi finanziari) da rinuncia debito bancario------Oneri  (proventi) da partecipazioni------Quote  (utili) perdite di partecipazioni contab. con il <span class=\"_ _0\"></span><span class=\"fc4 sc0\">m</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">P</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\">N</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">a</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">n</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">e</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">i</span><span class=\"fc4 sc0\">s</span><span class=\"fc4 sc0\">ca</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\"> </span>-<span class=\"_ _71\"> </span>-<span class=\"_ _90\"> </span>-<span class=\"_ _10a\"> </span>-<span class=\"_ _43\"> </span>-<span class=\"_ _40\"> </span>-RISULTATO PRIMA DELLE IMPOST<span class=\"_ _0\"></span>E9.979-(339)(3.719)(437)5.484Impost<span class=\"_ _0\"></span>e sul reddito1.117--(809)(126)182Risultato d'esercizio 8.862-(339)(2.910)(311)5.302Risultato d'esercizio di pertinenza di terzi------RISULTATO NETTO8.862-(339)(2.910)(311)5.302Amm<span class=\"_ _0\"></span>ortamenti e svalutazioni5.104-8212.876(740)8.061Stato patrimoniale 2021 al 31 dicembre 2021V. Zucchi e Hospitality<span class=\"_ _e7\"> </span>Basitalia<span class=\"_ _14c\"> </span>Zuckids<span class=\"_ _1b\"> </span>Rettifiche<span class=\"_ _14d\"> </span>Consolidato(in migliaia di euro)FilialiCrediti commerc<span class=\"_ _0\"></span>iali21.426327435(4.309)17.258Crediti finanziari verso controllante1.179----1.179Altri crediti e crediti <span class=\"_ _0\"></span>per imposte correnti3.678-259758(20)4.676Rimanenze31.276--2.731(452)33.555Debiti a breve (commerciali e altri<span class=\"_ _0\"></span> debiti)(26.069)(445)(722)(5.383)4.329(28.291)Capitale circolante netto31.490(413)(389)-1.859(452)28.377A<span class=\"_ _2\"></span>ttivit\u00e0 non correnti destinate alla vendita<span class=\"_ _31\"> </span><span class=\"ff3\">-<span class=\"_ _a3\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _113\"> </span></span>-Imm<span class=\"_ _0\"></span>obili, impianti e m<span class=\"_ _0\"></span>acchinari28.851-8517-29.376Diritto di utilizzo beni in Lease16.427-4.70111.654(4.102)28.680Attivit\u00e0 im<span class=\"_ _0\"></span>materiali 2.069-21--2.090Partecipazioni contabilizzate con il metodo del P.N. e altre230<span class=\"_ _a3\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _1c\"> </span>(116)<span class=\"_ _41\"> </span>114Altre attivit\u00e0 non correnti850-22323(155)1.040A<span class=\"_ _2\"></span>ttivo non corrente48.427-4.75212.494(4.373)61.300Benefici a dipendenti e altri debi<span class=\"_ _0\"></span>ti esigibili o<span class=\"_ _0\"></span>ltre l'esercizio successivo(4.635)-(8)(195)-(4.838)Fondi per rischi e one<span class=\"_ _0\"></span>ri e passivit\u00e0 per imposte differite(7.427)<span class=\"_ _a3\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _3a\"> </span>(47)<span class=\"_ _87\"> </span>677<span class=\"_ _2b\"> </span>(6.797)Rettifiche per minor valore dell'attivoCapitale investito netto67.855(413)4.35510.393(4.148)78.042Coperto da:Debiti correnti verso banche ed altri finanziatori862---862Debiti non correnti verso banche ed altri finanziatori17.333----17.333Debiti finanziari correnti verso altri finanziatori per beni in Lease3.565<span class=\"_ _a3\"> </span>-<span class=\"_ _86\"> </span>761<span class=\"_ _cc\"> </span>3.092<span class=\"_ _a3\"> </span>(725)<span class=\"_ _72\"> </span>6.693Debiti finanziari non correnti verso altri finanziatori per beni in Lease<span class=\"_ _a5\"> </span>13.207<span class=\"_ _a3\"> </span>-<span class=\"_ _3a\"> </span>3.971<span class=\"_ _150\"> </span>9.963<span class=\"_ _28\"> </span>(3.442)<span class=\"_ _a6\"> </span>23.699Disponibilit\u00e0 liquide e attivit\u00e0 finanziarie a breve(23.799)(20)(89)(1.403)-(25.311)Crediti finanziari verso controllate/collegate------Debiti comm<span class=\"_ _0\"></span>erciali ed altri debiti non correnti722----722Crediti finanziari verso correlate------Posizione <span class=\"_ _0\"></span>finanziaria netta11.890(20)4.64311.652(4.167)23.998Capitale e riserve di terzi------Patrimonio netto del Gru<span class=\"_ _0\"></span>ppo55.965(393)(288)-1.2591954.044Totale come sopra67.855(413)4.35510.393(4.148)78.042Conto economico 2022 2022Zuckids V. Zucchi<span class=\"_ _0\"></span> e (in migliaia di euro)Basitaliaabbigliamento Hospitality<span class=\"_ _ef\"> </span>Rett<span class=\"_ _0\"></span>ifiche<span class=\"_ _14d\"> </span>ConsolidatoFilialibambinoVendite di settore <span class=\"_ _151\"> </span>108.511<span class=\"_ _a9\"> </span>4.<span class=\"_ _0\"></span>814<span class=\"_ _18\"> </span>560<span class=\"_ _152\"> </span>-<span class=\"_ _47\"> </span>113.885Vendite da transazioni con altri settori operativi<span class=\"_ _153\"> </span>-<span class=\"_ _154\"> </span>-Vendite verso terzi<span class=\"_ _155\"> </span>108.511<span class=\"_ _a9\"> </span>4.<span class=\"_ _0\"></span>814<span class=\"_ _18\"> </span>560<span class=\"_ _152\"> </span>-<span class=\"_ _47\"> </span>113.885Variaz<span class=\"_ _2\"></span>.% 2022/2021<span class=\"_ _156\"> </span>17,2%<span class=\"_ _c6\"> </span>1032,7%<span class=\"_ _4a\"> </span>-94,1%<span class=\"_ _157\"> </span>15,4%Costo del venduto<span class=\"_ _158\"> </span>47.907<span class=\"_ _150\"> </span>3.299<span class=\"_ _18\"> </span>216<span class=\"_ _152\"> </span>-<span class=\"_ _a6\"> </span>51.422Margine ind<span class=\"_ _2\"></span>ustriale<span class=\"_ _159\"> </span>60.604<span class=\"_ _150\"> </span>1.515<span class=\"_ _18\"> </span>344<span class=\"_ _152\"> </span>-<span class=\"_ _a6\"> </span>62.463Costi operativi<span class=\"_ _bf\"> </span>52.868<span class=\"_ _150\"> </span>2<span class=\"_ _2\"></span>.174<span class=\"_ _8c\"> </span>1.119<span class=\"_ _15a\"> </span>(1.246)<span class=\"_ _a6\"> </span>54.915Altri costi e<span class=\"_ _0\"></span> (ricavi)<span class=\"_ _11d\"> </span>(1.342)<span class=\"_ _47\"> </span>(934)<span class=\"_ _15b\"> </span>68<span class=\"_ _e6\"> </span>1.280<span class=\"_ _28\"> </span>(928)Oneri e (proventi) di ristrutturazion<span class=\"_ _2\"></span>e<span class=\"_ _15c\"> </span>847<span class=\"_ _da\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _da\"> </span>847Risultato operativo (EBIT)<span class=\"_ _15d\"> </span>8.231<span class=\"_ _8e\"> </span>275<span class=\"_ _82\"> </span>(843)<span class=\"_ _da\"> </span>-<span class=\"_ _d9\"> </span>(34)<span class=\"_ _72\"> </span>7.629% sui ricavi<span class=\"_ _42\"> </span>7,6%<span class=\"_ _47\"> </span>5,7%<span class=\"_ _3b\"> </span>-150,5%<span class=\"_ _118\"> </span>6,7%Oneri (proven<span class=\"_ _2\"></span>ti) finanziari netti<span class=\"_ _15e\"> </span>2.204<span class=\"_ _28\"> </span>44<span class=\"_ _40\"> </span>-<span class=\"_ _bb\"> </span>(38)<span class=\"_ _72\"> </span>2.210(Proventi) finanziari netti<span class=\"_ _15f\"> </span>(127)<span class=\"_ _41\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _74\"> </span>(127)Oneri finanziari netti<span class=\"_ _d3\"> </span>2.331<span class=\"_ _28\"> </span>44<span class=\"_ _40\"> </span>-<span class=\"_ _bb\"> </span>(38)<span class=\"_ _72\"> </span>2.337(Proventi finanziari) da rinuncia de<span class=\"_ _2\"></span>bito bancario<span class=\"_ _5a\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _40\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-Oneri  (proventi) da par<span class=\"_ _2\"></span>tecipazioni<span class=\"_ _de\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _40\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-Quote  (utili) perdite di partecipazioni contab. con il <span class=\"fc4 sc0\">m</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">P</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\">N</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">a</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">n</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">i</span><span class=\"fc4 sc0\">s</span><span class=\"fc4 sc0\">c</span><span class=\"fc4 sc0\">a</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\"> </span>-<span class=\"_ _da\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-RISULTATO PRIMA DELLE IMPOSTE<span class=\"_ _58\"> </span>6.027<span class=\"_ _8e\"> </span>231<span class=\"_ _82\"> </span>(843)<span class=\"_ _da\"> </span>-<span class=\"_ _5d\"> </span>4<span class=\"_ _72\"> </span>5.419Imposte su<span class=\"_ _0\"></span>l reddito<span class=\"_ _160\"> </span>2.310<span class=\"_ _28\"> </span>39<span class=\"_ _40\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _72\"> </span>2.349Risultato d'esercizio <span class=\"_ _151\"> </span>3.717<span class=\"_ _8e\"> </span>192<span class=\"_ _82\"> </span>(843)<span class=\"_ _161\"> </span>4<span class=\"_ _72\"> </span>3.070Risultato d'esercizio di pertinenza di terzi<span class=\"_ _e5\"> </span>-<span class=\"_ _41\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-RISULTATO NETTO<span class=\"_ _1a\"> </span>3.717<span class=\"_ _8e\"> </span>192<span class=\"_ _82\"> </span>(843)<span class=\"_ _a3\"> </span>-<span class=\"_ _43\"> </span>4<span class=\"_ _72\"> </span>3.070Ammort<span class=\"_ _0\"></span>amenti e svalutazioni<span class=\"_ _de\"> </span>8.687<span class=\"_ _8e\"> </span>815<span class=\"_ _18\"> </span>214<span class=\"_ _11c\"> </span>(730)<span class=\"_ _82\"> </span>8.986Stato patrimoniale 2022 al 31 dicembre 2022V. Zucc<span class=\"_ _0\"></span>hi e Basitalia<span class=\"_ _ab\"> </span>Hospitality<span class=\"_ _162\"> </span>Rettifiche<span class=\"_ _81\"> </span>Consolidato(in migliaia di euro)FilialiCrediti comm<span class=\"_ _0\"></span>erciali14.12910533(1.555)12.712Crediti finanziari verso controllante-----Altri c<span class=\"_ _0\"></span>rediti e crediti per imposte co<span class=\"_ _0\"></span>rrenti3.2173.584-(224)6.577Rimanenze45.866---45.866Debiti a breve (commercial<span class=\"_ _0\"></span>i e altri debiti)(34.693)(3.890)(471)1.779(37.275)Capitale circolante netto28.519(201)(438)-27.880A<span class=\"_ _2\"></span>ttivit\u00e0 non correnti destinate alla vendita-<span class=\"_ _14e\"> </span>-<span class=\"_ _23\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _163\"> </span>-Imm<span class=\"_ _0\"></span>obili, impi<span class=\"_ _0\"></span>anti e macchi<span class=\"_ _0\"></span>nari26.8936--26.899Diritto di utilizzo beni in Lease35.1363.891-(3.372)35.655Attivit\u00e0 im<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>riali 14.94318--14.961Partecipazioni contabilizzate con il m<span class=\"_ _0\"></span>etodo del P.N. e altr<span class=\"_ _0\"></span>e580<span class=\"_ _14e\"> </span>-<span class=\"_ _23\"> </span>-<span class=\"_ _a6\"> </span>(466)<span class=\"_ _56\"> </span>114Altre attivit\u00e0 non cor<span class=\"_ _0\"></span>renti2.177167--2.344A<span class=\"_ _2\"></span>ttivo non corrente79.7294.082-(3.838)79.973Benefici a dipendenti e al<span class=\"_ _0\"></span>tri debiti esigibili<span class=\"_ _0\"></span> oltre l'esercizio successivo(4.369)(23)--(4.392)Fondi per ri<span class=\"_ _0\"></span>schi e oneri e passivit\u00e0 per impos<span class=\"_ _0\"></span>te differite(8.943)<span class=\"_ _87\"> </span>-<span class=\"_ _23\"> </span>-<span class=\"_ _74\"> </span>396<span class=\"_ _71\"> </span>(8.547)Rettifiche per minor valore dell'<span class=\"_ _0\"></span>attivoCapitale investito netto94.9363.858(438)(3.442)94.914Coperto da:Debiti correnti verso banche ed altri finanziatori5.088--5.088Debiti non correnti verso banche ed altri finanziatori16.445---16.445Debiti finanziari correnti verso altri finanziatori per beni in Lease7.740<span class=\"_ _74\"> </span>765<span class=\"_ _f6\"> </span>-<span class=\"_ _3a\"> </span>(729)<span class=\"_ _90\"> </span>7.776Debiti finanziari non correnti verso altri finanziatori per beni in Lease28.213<span class=\"_ _22\"> </span>3.163<span class=\"_ _23\"> </span>-<span class=\"_ _1b\"> </span>(2.713)<span class=\"_ _41\"> </span>28.664Disponibilit\u00e0 liquide e attivit\u00e0 f<span class=\"_ _0\"></span>inanziar<span class=\"_ _2\"></span>ie a breve(15.821)(334)(22)-(16.177)Crediti finanziari verso controllate/collegate-----Debiti com<span class=\"_ _0\"></span>merciali ed altri debiti non c<span class=\"_ _0\"></span>orrenti4.050---4.050Crediti finanziari verso correlate-----Posizione <span class=\"_ _0\"></span>finanziaria netta45.7153.594(22)(3.442)45.846Capitale e riserve di terzi-----Patrimonio ne<span class=\"_ _0\"></span>tto del Gruppo49.221264(416)-49.068Totale come sopra94.9363.858(438)(3.442)94.914Settori geograficiIl Gruppo opera co<span class=\"_ _0\"></span>n tutti i s<span class=\"_ _0\"></span>uoi settori di <span class=\"_ _0\"></span>attivit\u00e0 princ<span class=\"_ _0\"></span>ipalmente i<span class=\"_ _0\"></span>n Italia e<span class=\"_ _0\"></span>d Europa.  Le <span class=\"_ _e\"> </span>tabelle <span class=\"_ _e\"> </span>se<span class=\"_ _0\"></span>guenti <span class=\"_ _e\"> </span>presen<span class=\"_ _0\"></span>tano <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>esercizi <span class=\"_ _f\"> </span>2021 <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>ri<span class=\"_ _0\"></span>partizione <span class=\"_ _f\"> </span>dei <span class=\"_ _e\"> </span>ricavi <span class=\"_ _e\"> </span>per area <span class=\"_\"> </span>geografica <span class=\"_\"> </span>\u201cdi <span class=\"_ _1\"> </span>dest<span class=\"_ _0\"></span>inazione\u201d, <span class=\"_\"> </span>ovvero <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_\"> </span>riferimento <span class=\"_\"> </span>alla <span class=\"_ _1\"> </span>n<span class=\"_ _0\"></span>azionalit\u00e0 <span class=\"_\"> </span>del <span class=\"_\"> </span>cliente, <span class=\"_ _1\"> </span>e forniscono <span class=\"_ _0\"></span>dati patrimonia<span class=\"_ _0\"></span>li in <span class=\"_ _0\"></span>relazione al<span class=\"_ _0\"></span>le aree <span class=\"_ _0\"></span>geografiche <span class=\"_ _0\"></span>\u201cdi or<span class=\"_ _0\"></span>igine\u201d, <span class=\"_ _0\"></span>ovvero p<span class=\"_ _0\"></span>rendendo a <span class=\"_ _0\"></span>riferimento <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>paes<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>ubi<span class=\"_ _0\"></span>cazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>cui <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ere <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>apporto. <span class=\"_ _3\"></span>Nello <span class=\"_ _0\"></span>Stato<span class=\"_ _0\"></span> Patrimoniale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>quindi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>ripartite<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>riguardano, <span class=\"_ _5\"></span>oltre <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>voci <span class=\"_ _5\"></span>citate <span class=\"_ _5\"></span>per l\u2019informativa <span class=\"_\"> </span>primaria <span class=\"_\"> </span>di <span class=\"_\"> </span>settore, <span class=\"_\"> </span>anche <span class=\"_\"> </span>i <span class=\"_\"> </span>crediti <span class=\"_\"> </span>e <span class=\"_\"> </span>debiti <span class=\"_\"> </span>per <span class=\"_\"> </span>area <span class=\"_\"> </span>ge<span class=\"_ _2\"></span>ografica <span class=\"_\"> </span>in <span class=\"_\"> </span>quanto<span class=\"_ _0\"></span> caratterizzati da<span class=\"_ _0\"></span>lla \u201cdestina<span class=\"_ _0\"></span>zione\u201d e non \u201cda<span class=\"_ _0\"></span>ll\u2019origine\u201d c<span class=\"_ _0\"></span>ome criterio di<span class=\"_ _0\"></span> allocazione<span class=\"_ _0\"></span>.  Ricavi 2021 2021Altri paesi Paesi Italia<span class=\"_ _1b\"> </span>FranciaRettifiche<span class=\"_ _164\"> </span>Consolida<span class=\"_ _0\"></span>to(in migliaia di euro)europeiextraeuropeiRICAVIVendite  a terzi53.13315.05528.7281.797-98.713Variaz.%2021/202046,3%111,1%8,8%47,7%38,9%Stato patrimoniale 2021 2021Altri paes<span class=\"_ _0\"></span>i Paesi extra ItaliaRettific<span class=\"_ _0\"></span>he<span class=\"_ _e7\"> </span>Consoli<span class=\"_ _0\"></span>dato(in migliaia di euro)europeieuropeiATTIVITA'Attivit\u00e0 del s<span class=\"_ _0\"></span>ettore99.1723.327-(3.082)99.417Attivit\u00e0 non rip<span class=\"_ _0\"></span>artite43.86243.862Totale99.1723.327-40.780143.279PASSIVITA'Passivit\u00e0 d<span class=\"_ _0\"></span>el settor<span class=\"_ _0\"></span>e12.0901.8387(403)13.532Passivit\u00e0 n<span class=\"_ _0\"></span>on ripartit<span class=\"_ _0\"></span>e129.747129.747Totale12.0901.8387129.344143.279ALTRE INFORM<span class=\"_ _2\"></span>AZIONIInvestimen<span class=\"_ _0\"></span>ti in immo<span class=\"_ _0\"></span>bilizzazioni mate<span class=\"_ _0\"></span>riali e immateria<span class=\"_ _0\"></span>li1.101<span class=\"_ _130\"></span>      <span class=\"_ _0\"></span>   <span class=\"_ _126\"> </span>30<span class=\"_ _165\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _166\"> </span>1.131<span class=\"_ _124\"></span>        <span class=\"_ _0\"></span>   Ammortame<span class=\"_ _0\"></span>nti e svaluta<span class=\"_ _0\"></span>zioni7.7421.059-(740)8.061Ricavi 2022 2022Altri paesi Paesi Italia<span class=\"_ _34\"> </span>Franc<span class=\"_ _0\"></span>iaRettific<span class=\"_ _0\"></span>he<span class=\"_ _e1\"> </span>Consolidatoeuropeiextraeuropei(in migliaia di euro)RICAVIVendite  a te<span class=\"_ _0\"></span>rzi<span class=\"_ _146\"> </span>56.088<span class=\"_ _f1\"> </span>19.748<span class=\"_ _f1\"> </span>3<span class=\"_ _0\"></span>5.273<span class=\"_ _a6\"> </span>2.77<span class=\"_ _0\"></span>6<span class=\"_ _86\"> </span>-<span class=\"_ _ed\"></span>      <span class=\"_ _0\"></span>         <span class=\"_ _d0\"> </span>113<span class=\"_ _0\"></span>.885Variaz.%2022/2021<span class=\"_ _88\"> </span>5,6%<span class=\"_ _6d\"> </span>31,2%<span class=\"_ _6d\"> </span>22,8%<span class=\"_ _167\"> </span>54,5%<span class=\"_ _168\"> </span>15,4%Con <span class=\"_ _3\"></span>riferimento <span class=\"_ _3\"></span>alle <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>dite <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>mercati <span class=\"_ _3\"></span>geograf<span class=\"_ _0\"></span>ici <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>opera <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>registrato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un incremento <span class=\"_ _e\"> </span>generalizzato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>in <span class=\"_ _5\"> </span>tut<span class=\"_ _0\"></span>te <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>aree <span class=\"_ _5\"> </span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _e\"> </span>all\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _5\"></span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _5\"> </span>che,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>oprattutto per <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>paesi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>europei, <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>primo <span class=\"_ _3\"></span>trimestre<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aveva <span class=\"_ _3\"></span>subito <span class=\"_ _3\"></span>anc<span class=\"_ _0\"></span>ora <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>trizioni <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>causa della pandemia <span class=\"_ _0\"></span>da COVID-<span class=\"_ _0\"></span>19. Al <span class=\"_ _0\"></span>netto <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>consoli<span class=\"_ _0\"></span>damento <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Descamps <span class=\"_ _3\"></span>l\u2019incremento<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sarebbe <span class=\"_ _3\"></span>stato <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>8%, con <span class=\"_ _e\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>incrementi <span class=\"_ _f\"> </span>riguardanti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>altri <span class=\"_ _f\"> </span>paesi <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>paesi <span class=\"_ _f\"> </span>extraeuropei. <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>Francia <span class=\"_ _f\"> </span>sar<span class=\"_ _0\"></span>ebbe rimasta <span class=\"_ _8\"> </span>sostanz<span class=\"_ _0\"></span>ialmente <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>tabile <span class=\"_ _14\"> </span>m<span class=\"_ _0\"></span>entre <span class=\"_ _8\"> </span>per <span class=\"_ _8\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>riguarda <span class=\"_ _8\"> </span>l\u2019Italia <span class=\"_ _9\"> </span>si <span class=\"_ _14\"> </span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _8\"> </span>che l\u2019incremento <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>da <span class=\"_ _e\"> </span>ricondurr<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>nuova <span class=\"_ _e\"> </span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _e\"> </span>della<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>controllata <span class=\"_ _f\"> </span>Basitalia <span class=\"_ _e\"> </span>entrat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno regime nell\u2019es<span class=\"_ _0\"></span>ercizio in cor<span class=\"_ _0\"></span>so. Stato patrimoniale 2022 2022Altri paesi Paesi extra Italia<span class=\"_ _1b\"> </span>Fr<span class=\"_ _2\"></span>anciaRettifiche<span class=\"_ _164\"> </span>Consolidato(in migliaia di euro)europeieuropeiATTIVITA<span class=\"_ _2\"></span>'Attivit\u00e0 del se<span class=\"_ _0\"></span>ttore102.45826.9787.430-(4.564)132.302Attivit\u00e0 non rip<span class=\"_ _0\"></span>artite29.00329.003Totale102.45826.9787.430-24.439161.305PASSIVITA'Passivit\u00e0 del s<span class=\"_ _0\"></span>ettore12.4236.8061.6008(396)20.441Passivit\u00e0 non <span class=\"_ _0\"></span>ripartite140.864140.864Totale12.4236.8061.6008140.468161.305ALTRE INFORMAZION<span class=\"_ _2\"></span>IInvestimenti i<span class=\"_ _0\"></span>n immob<span class=\"_ _0\"></span>ilizzazioni mater<span class=\"_ _0\"></span>iali e immateriali1.808<span class=\"_ _169\"></span>         <span class=\"_ _30\"> </span>1<span class=\"_ _0\"></span>63<span class=\"_ _12c\"></span>  <span class=\"_ _0\"></span>         <span class=\"_ _fc\"> </span>409<span class=\"_ _12c\"></span>  <span class=\"_ _0\"></span>         <span class=\"_ _16a\"> </span>-<span class=\"_ _ed\"></span>               <span class=\"_ _2e\"> </span>2.380<span class=\"_ _16b\"></span>             Ammortamenti<span class=\"_ _0\"></span> e svalutazioni7.8458161.055-(730)8.986Sezione <span class=\"_ _ad\"> </span>C1 <span class=\"_ _ad\"> </span>- <span class=\"_ _ad\"> </span>NOTE <span class=\"_ _d6\"> </span>AL<span class=\"_ _0\"></span> <span class=\"_ _ad\"> </span>PROSPETTO <span class=\"_ _ad\"> </span>DELLA <span class=\"_ _d6\"> </span>SI<span class=\"_ _0\"></span>TUAZIONE <span class=\"_ _ad\"> </span>PATRIMONIALE <span class=\"_ _ad\"> </span>-FINANZIARIA CONSOLID<span class=\"_ _0\"></span>ATA ATTIVA Nota 8 DISPONIBILITA\u2019 LIQUIDE E MEZZI EQUIVALENTI<span class=\"fs2\"> </span>31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Depositi<span class=\"_ _0\"></span> bancari15.71<span class=\"_ _0\"></span>424.855Assegni25133Denaro e val<span class=\"_ _0\"></span>ori di c<span class=\"_ _0\"></span>assa438323Totale16.17<span class=\"_ _0\"></span>725.311I depositi banc<span class=\"_ _0\"></span>ari sono a vi<span class=\"_ _0\"></span>sta e son<span class=\"_ _0\"></span>o remunerati ad un tas<span class=\"_ _0\"></span>so variabile <span class=\"_ _0\"></span>di circa 0,0<span class=\"_ _0\"></span>1%.  Il valore di carico <span class=\"_ _0\"></span>delle d<span class=\"_ _0\"></span>isponibilit\u00e0 si ri<span class=\"_ _0\"></span>tiene sia a<span class=\"_ _0\"></span>llineato al fa<span class=\"_ _0\"></span>ir value alla d<span class=\"_ _0\"></span>ata di bilanci<span class=\"_ _0\"></span>o. Al <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>garantire <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazioni <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>sensi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>stipu<span class=\"_ _0\"></span>lato con <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span>limity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncess<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pegno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo<span class=\"fs0 fc6\"> <span class=\"_ _3\"></span></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente dedicato <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>pagamenti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ostituiti <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rza <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>atto <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>ottobre <span class=\"_ _3\"></span>2020 <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>che al <span class=\"_ _e\"> </span>31 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _e\"> </span>presentavano <span class=\"_ _f\"> </span>rispettiva<span class=\"_ _0\"></span>mente <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>saldo <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>11 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>8 migliaia di E<span class=\"_ _0\"></span>uro. Si <span class=\"_ _3\"></span>segnala <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>liqui<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>vincolati <span class=\"_ _3\"></span>della Capogruppo <span class=\"_\"> </span>per <span class=\"_\"> </span>un <span class=\"_ _1\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>20 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>depos<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>cauzionali <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span> garanzia di fidejus<span class=\"_ _0\"></span>sioni per <span class=\"_ _0\"></span>contratti d\u2019aff<span class=\"_ _0\"></span>itto della contr<span class=\"_ _0\"></span>ollata Bass<span class=\"_ _0\"></span>etti Deutschl<span class=\"_ _0\"></span>and. Per ulteriori co<span class=\"_ _0\"></span>mmenti si rimand<span class=\"_ _0\"></span>a alla Nota 2<span class=\"_ _0\"></span>0. Nota 9 ATTIVITA\u2019 FINANZIARIE DETENUTE PER LA NEGOZIAZIONE 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _cf\"> </span>31.12<span class=\"_ _0\"></span>.2021(in migliaia di euro)Titoli--Al <span class=\"_ _b\"> </span>31 <span class=\"_ _14\"> </span>dicembre <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _14\"> </span>nessuna <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>detiene <span class=\"_ _14\"> </span>attivit\u00e0 <span class=\"_ _14\"> </span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _b\"> </span>per <span class=\"_ _14\"> </span>la negoziazione. Nota 10 ALTRE ATTIVIT<span class=\"_ _0\"></span>A\u2019 FINANZIARIE 31.12<span class=\"_ _0\"></span>.2021<span class=\"_ _16c\"></span>31.12<span class=\"_ _0\"></span>.2022(in migliaia di euro)Correnti--Non corrent<span class=\"_ _0\"></span>i--Totale--Al 31 dicembre 2<span class=\"_ _0\"></span>022 non s<span class=\"_ _0\"></span>ussistono attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie c<span class=\"_ _0\"></span>os\u00ec come nel<span class=\"_ _0\"></span>l\u2019esercizio prec<span class=\"_ _0\"></span>edente. Nota 11 RIMANENZE<span class=\"fs2\"> </span>31.12.202231.12.2021Fondo Valori l<span class=\"_ _0\"></span>ordiValori netti<span class=\"_ _4d\"> </span>Valori netti(in migliaia di E<span class=\"_ _0\"></span>uro)deprezzamentoMaterie prim<span class=\"_ _0\"></span>e e sussidi<span class=\"_ _0\"></span>arieMaterie prime888861Materie sussi<span class=\"_ _0\"></span>diarie e <span class=\"_ _0\"></span>scorte varie1.4867767101.0061.5747767981.067Prodotti in la<span class=\"_ _0\"></span>v. e semila<span class=\"_ _0\"></span>voratiMerci in lavorazion<span class=\"_ _0\"></span>e56-5662Semila<span class=\"_ _0\"></span>vorati9.2138148.3999.2609.2698148.4559.322Prodotti finiti38.8272.21436.61323.166Totale 49.6703.80445.86633.555Si <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>egnala <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>rimanenz<span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>lordo <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fond<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _5\"></span>aumentato <span class=\"_ _d\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>valori del <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>21 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _d\"></span>12,0 <span class=\"_ _d\"></span>milioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro; <span class=\"_ _5\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _5\"></span>del <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>solidamento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Descam<span class=\"_ _0\"></span>ps <span class=\"_ _d\"></span>l\u2019incr<span class=\"_ _0\"></span>emento sarebbe <span class=\"_ _1\"> </span>st<span class=\"_ _0\"></span>ato <span class=\"_ _1\"> </span>pari<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>6,2 <span class=\"_ _1\"> </span>milion<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_\"> </span>principalmente <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>causa <span class=\"_\"> </span>d<span class=\"_ _2\"></span>ello <span class=\"_\"> </span>stoccaggio derivante <span class=\"_ _5\"></span>dal <span class=\"_ _d\"></span>rallenta<span class=\"_ _0\"></span>mento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>endite <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>part<span class=\"_ _0\"></span>ire <span class=\"_ _d\"></span>dal <span class=\"_ _5\"></span>mese <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>marzo <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _5\"></span>della <span class=\"_ _d\"></span>cr<span class=\"_ _0\"></span>isi economica pr<span class=\"_ _0\"></span>ovocata dalla <span class=\"_ _0\"></span>guerra tra Rus<span class=\"_ _0\"></span>sia e Ucraina<span class=\"_ _0\"></span>. Per <span class=\"_ _e\"> </span>quanto <span class=\"_ _e\"> </span>riguarda <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>tipologie <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>artico<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>che <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ompongo<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>magazzino, <span class=\"_ _e\"> </span>regis<span class=\"_ _0\"></span>triamo <span class=\"_ _e\"> </span>un incremento <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>prodotti <span class=\"_ _e\"> </span>finiti <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _5\"></span>13,0 <span class=\"_ _5\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>una <span class=\"_ _5\"> </span>dimi<span class=\"_ _0\"></span>nuzione <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>mater<span class=\"_ _0\"></span>ie prime <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>sussidiari<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>circa <span class=\"_ _5\"></span>0,3 <span class=\"_ _5\"> </span>mi<span class=\"_ _0\"></span>lioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>emilavorati <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>circ<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>0,7 <span class=\"_ _5\"> </span>milioni <span class=\"_ _e\"> </span>di Euro. Si <span class=\"_ _d\"></span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>rotazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>magazzino <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>passat<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>dai <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _5\"></span>8,0 <span class=\"_ _5\"></span>mesi <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>2021 <span class=\"_ _5\"> </span>a <span class=\"_ _5\"></span>circ<span class=\"_ _0\"></span>a 11,7 mesi de<span class=\"_ _0\"></span>l 2022. La movimentaz<span class=\"_ _0\"></span>ione del fon<span class=\"_ _0\"></span>do svalutazione <span class=\"_ _0\"></span>magazzino \u00e8 s<span class=\"_ _0\"></span>tata la segu<span class=\"_ _0\"></span>ente: Saldo al<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>204.843Utilizzo e ril<span class=\"_ _0\"></span>asci del<span class=\"_ _0\"></span>l'esercizio<span class=\"_ _0\"></span> 2021(791)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> 202192Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one9Saldo al<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>214.153Utilizzo e ril<span class=\"_ _0\"></span>asci del<span class=\"_ _0\"></span>l'esercizio<span class=\"_ _0\"></span> 2022(430)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> 202275Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one6Saldo al<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>223.804Le ri<span class=\"_ _0\"></span>manenze <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>minore <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>costo <span class=\"_ _3\"></span>di acq<span class=\"_ _0\"></span>uisto <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>uzione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>i<span class=\"_ _2\"></span>l <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tto di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ealizzo. <span class=\"_ _d\"></span>Il<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>realizz<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>corrispon<span class=\"_ _0\"></span>de <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>prez<span class=\"_ _0\"></span>zo <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>imato <span class=\"_ _d\"></span>nel <span class=\"_ _5\"></span>normale<span class=\"_ _0\"></span> svolgimento <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>netto <span class=\"_ _d\"></span>dei <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>stimati <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>pletamento <span class=\"_ _5\"></span>nonch\u00e9 <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>stima <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i costi necessari per<span class=\"_ _0\"></span> realizza<span class=\"_ _0\"></span>re la vendita.  Negli <span class=\"_ _11\"> </span>ultimi <span class=\"_ _11\"> </span>anni <span class=\"_ _11\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _11\"> </span>verificati <span class=\"_ _11\"> </span>radica<span class=\"_ _0\"></span>li <span class=\"_ _11\"> </span>cambiament<span class=\"_ _0\"></span>i <span class=\"_ _11\"> </span>che <span class=\"_ _11\"> </span>hanno <span class=\"_ _11\"> </span>tras<span class=\"_ _0\"></span>formato <span class=\"_ _11\"> </span>la Capogruppo <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>azienda <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>oduzione <span class=\"_ _e\"> </span>ad <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>zienda <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>empre <span class=\"_ _e\"> </span>pi\u00f9 <span class=\"_ _e\"> </span>orientata <span class=\"_ _e\"> </span>verso <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>etail, <span class=\"_ _e\"> </span>di conseguenza <span class=\"_ _14\"> </span>il <span class=\"_ _14\"> </span>metodo <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>ondo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _14\"> </span>delle <span class=\"_ _14\"> </span>rimane<span class=\"_ _0\"></span>nze <span class=\"_ _14\"> </span>viene calcolato basand<span class=\"_ _0\"></span>osi principalm<span class=\"_ _0\"></span>ente sul<span class=\"_ _0\"></span>la stagionalit\u00e0 e<span class=\"_ _0\"></span> la continuit\u00e0 d<span class=\"_ _0\"></span>el prodotto. Nota 12 CREDITI COMMERCIALI<span class=\"fc5\"> </span>31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _cf\"> </span>31.1<span class=\"_ _0\"></span>2.2021(in migliaia di euro)CorrenteCrediti verso<span class=\"_ _0\"></span> terzi15.70320.737Crediti verso<span class=\"_ _0\"></span> imprese<span class=\"_ _0\"></span> coll<span class=\"_ _0\"></span>egateSvalutazione <span class=\"_ _0\"></span>crediti p<span class=\"_ _0\"></span>er risc<span class=\"_ _0\"></span>hi di in<span class=\"_ _0\"></span>esigibil<span class=\"_ _0\"></span>it\u00e0 e attua<span class=\"_ _0\"></span>lizzazione(2.991)<span class=\"_ _a0\"> </span>(3.47<span class=\"_ _0\"></span>9)12.71217.258Non correnteCrediti verso<span class=\"_ _0\"></span> terzi1.1491.142Crediti verso<span class=\"_ _0\"></span> imprese<span class=\"_ _0\"></span> coll<span class=\"_ _0\"></span>egateSvalutazione <span class=\"_ _0\"></span>crediti p<span class=\"_ _0\"></span>er risc<span class=\"_ _0\"></span>hi di in<span class=\"_ _0\"></span>esigibil<span class=\"_ _0\"></span>it\u00e0 e attua<span class=\"_ _0\"></span>lizzazione(1.149)<span class=\"_ _a0\"> </span>(1.14<span class=\"_ _0\"></span>2)--Totale 12.71217.258L\u2019adeguamento <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>cambio <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>vigor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>bilanci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>espressi <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>luta <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>era in <span class=\"_ _e\"> </span>esser<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _f\"> </span>data <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>comportato <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>\u2019iscrizione <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>differenze ritenute sign<span class=\"_ _0\"></span>ificative.  La <span class=\"_ _3\"></span>Capogruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>posto <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>essere<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cred<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>avvenute<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>condizioni<span class=\"_ _0\"></span> pro <span class=\"_ _3\"></span>soluto. <span class=\"_ _d\"></span>Pertanto, <span class=\"_ _d\"></span>i <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editi, <span class=\"_ _3\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>circ<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>mil<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>stati <span class=\"_ _d\"></span>eliminati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dal bilancio <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019importo <span class=\"_ _3\"></span>incassato <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>actor, <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>486 <span class=\"_ _0\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro,<span class=\"_ _0\"></span> \u00e8 stato conta<span class=\"_ _0\"></span>bilizzato tra le <span class=\"_ _0\"></span>disponibilit\u00e0 <span class=\"_ _0\"></span>liquide.  I <span class=\"_ _1\"> </span>crediti<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>commerc<span class=\"_ _0\"></span>iali <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _1\"> </span>compre<span class=\"_ _0\"></span>ndono <span class=\"_ _1\"> </span>qu<span class=\"_ _0\"></span>elli <span class=\"_ _1\"> </span>vers<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ex-cli<span class=\"_ _0\"></span>ente <span class=\"_ _1\"> </span>affi<span class=\"_ _0\"></span>liato <span class=\"_ _1\"> </span>del<span class=\"_ _0\"></span>la Capogruppo <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui, <span class=\"_ _5\"></span>in <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>2<span class=\"_ _0\"></span>0 <span class=\"_ _5\"></span>n<span class=\"_ _0\"></span>ovembre <span class=\"_ _5\"> </span>2012,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ottosc<span class=\"_ _0\"></span>ritta <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>scrittu<span class=\"_ _0\"></span>ra <span class=\"_ _5\"></span>privata notarile <span class=\"_ _a\"> </span>con <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>quale <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>cliente, <span class=\"_ _a\"> </span>riconoscen<span class=\"_ _0\"></span>do <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>debito, <span class=\"_ _a\"> </span>si <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>impegnato <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>adempiere regolarmente a<span class=\"_ _0\"></span>l pag<span class=\"_ _0\"></span>amento delle <span class=\"_ _0\"></span>obbligazion<span class=\"_ _0\"></span>i nascenti <span class=\"_ _0\"></span>oltre a q<span class=\"_ _0\"></span>uelle con<span class=\"_ _0\"></span>nesse al <span class=\"_ _0\"></span>rientro de<span class=\"_ _0\"></span>l debito <span class=\"_ _1\"> </span>esistente <span class=\"_ _1\"> </span>alla <span class=\"_ _1\"> </span>data. <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>debito <span class=\"_ _f\"> </span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>ristrutturazione <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>fruttifero <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>interess<span class=\"_ _0\"></span>i. <span class=\"_ _1\"> </span>A garanzia <span class=\"_ _14\"> </span>del<span class=\"_ _0\"></span>l\u2019adempiment<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>delle <span class=\"_ _14\"> </span>o<span class=\"_ _0\"></span>bbligazioni <span class=\"_ _8\"> </span>patrimon<span class=\"_ _0\"></span>iali <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>cui <span class=\"_ _8\"> </span>alla <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>crittu<span class=\"_ _0\"></span>ra <span class=\"_ _14\"> </span>privata, l\u2019affiliato <span class=\"_ _e\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>riconosc<span class=\"_ _0\"></span>iuto <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>diritto <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>opzione <span class=\"_ _e\"> </span>su<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>pu<span class=\"_ _0\"></span>nti vendita <span class=\"_ _a\"> </span>dallo <span class=\"_ _a\"> </span>stesso <span class=\"_ _a\"> </span>gestiti <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>costi<span class=\"_ _0\"></span>tuito <span class=\"_ _a\"> </span>ipoteca <span class=\"_ _a\"> </span>volontaria <span class=\"_ _a\"> </span>su <span class=\"_ _a\"> </span>alcuni <span class=\"_ _a\"> </span>immobili. <span class=\"_ _a\"> </span>Tale ristrutturazione <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>redito <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>comport<span class=\"_ _0\"></span>ato <span class=\"_ _d\"></span>l\u2019<span class=\"_ _0\"></span>iscrizione <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>credito <span class=\"_ _5\"></span>commerciale <span class=\"_ _5\"></span>tra <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>part<span class=\"_ _0\"></span>ite non c<span class=\"_ _0\"></span>orrenti. <span class=\"_ _0\"></span>Nel <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>deg<span class=\"_ _0\"></span>li eserc<span class=\"_ _0\"></span>izi 2013-2017 <span class=\"_ _3\"></span>il cliente <span class=\"_ _3\"></span>ha<span class=\"_ _2\"></span> o<span class=\"_ _0\"></span>norato <span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span>larmente <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>nuove scadenze e ha<span class=\"_ _0\"></span> adempiuto <span class=\"_ _0\"></span>al pagamento <span class=\"_ _0\"></span>delle rate<span class=\"_ _0\"></span> previste nel p<span class=\"_ _0\"></span>iano di rim<span class=\"_ _0\"></span>borso. Al term<span class=\"_ _0\"></span>ine dell\u2019esercizio<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>2018, <span class=\"_ _3e\"> </span>il <span class=\"_ _13\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _13\"> </span>res<span class=\"_ _0\"></span>iduo <span class=\"_ _3e\"> </span>pari <span class=\"_ _13\"> </span>a <span class=\"_ _3e\"> </span>1,1 <span class=\"_ _13\"> </span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _13\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>\u00e8 <span class=\"_ _3e\"> </span>invece <span class=\"_ _13\"> </span>s<span class=\"_ _0\"></span>tato completamente <span class=\"_ _3\"></span>svalutato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>seguito <span class=\"_ _0\"></span>dichi<span class=\"_ _0\"></span>arazione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>allimento <span class=\"_ _3\"></span>avvenuta <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>5 <span class=\"_ _3\"></span>dicembre 2018. Con riferimen<span class=\"_ _0\"></span>to ai credit<span class=\"_ _0\"></span>i dell\u2019eserciz<span class=\"_ _0\"></span>io precedente<span class=\"_ _0\"></span> si ev<span class=\"_ _0\"></span>idenzia che il Gru<span class=\"_ _0\"></span>ppo vant<span class=\"_ _0\"></span>ava c<span class=\"_ _0\"></span>rediti commerciali <span class=\"_ _f\"> </span>nei <span class=\"_ _f\"> </span>confront<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>della <span class=\"_ _e\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>S.A.S., <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>llora <span class=\"_ _f\"> </span>parte <span class=\"_ _f\"> </span>correlata, <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>complessivi<span class=\"_ _0\"></span> 5.911 <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>(al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>59<span class=\"_ _0\"></span>8 <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>E<span class=\"_ _0\"></span>uro <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>attualizzazioni<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>sv<span class=\"_ _0\"></span>alutazioni) relativi a: - <span class=\"_ _d8\"> </span>5.387 <span class=\"_ _9\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>Euro <span class=\"_ _10\"> </span>derivanti <span class=\"_ _10\"> </span>da <span class=\"_ _10\"> </span>cessioni <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>b<span class=\"_ _0\"></span>eni <span class=\"_ _9\"> </span>e <span class=\"_ _10\"> </span>serv<span class=\"_ _0\"></span>izi <span class=\"_ _10\"> </span>dai <span class=\"_ _10\"> </span>contratti commerciali in es<span class=\"_ _0\"></span>sere; - <span class=\"_ _d8\"> </span>1.082 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>(<span class=\"_ _0\"></span>svalutati <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>598 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>E<span class=\"_ _0\"></span>uro) <span class=\"_ _d\"></span>relativi <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>procedura <span class=\"_ _5\"></span>di R\u00e8dressement Jud<span class=\"_ _0\"></span>iciaire<span class=\"ff3\">; </span>- <span class=\"_ _d8\"> </span>40 migliaia di Euro rel<span class=\"_ _0\"></span>ativi ad altr<span class=\"_ _0\"></span>i crediti comm<span class=\"_ _0\"></span>erciali. Le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>poste <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>la D<span class=\"_ _0\"></span>escamps <span class=\"_ _0\"></span>S.<span class=\"_ _0\"></span>A.S. <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>corso <span class=\"_ _3\"></span>dell\u2019esercizio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>state regolate <span class=\"_ _d\"></span>dai <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _d\"></span>commer<span class=\"_ _0\"></span>ciali <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>cui<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>caratt<span class=\"_ _0\"></span>eristiche, <span class=\"_ _d\"></span>moda<span class=\"_ _0\"></span>lit\u00e0, <span class=\"_ _3\"></span>ter<span class=\"_ _0\"></span>mini <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ndizioni <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o contenuti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>docum<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>inf<span class=\"_ _0\"></span>ormativi <span class=\"_ _d\"></span>pu<span class=\"_ _0\"></span>bblicati <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>data <span class=\"_ _5\"></span>3 <span class=\"_ _d\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _d\"></span>20<span class=\"_ _0\"></span>18, <span class=\"_ _d\"></span>7 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ebbra<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>2020 <span class=\"_ _5\"></span>e 26 luglio 2021.<span class=\"_ _0\"></span> Di seguito la m<span class=\"_ _0\"></span>ovimentaz<span class=\"_ _0\"></span>ione del fondo s<span class=\"_ _0\"></span>valutazione c<span class=\"_ _0\"></span>rediti verso c<span class=\"_ _0\"></span>lienti: 31.12.2021<span class=\"_ _16f\"></span>31.12.2022(in migliaia di Euro)Saldo iniziale4.6215.260Accantonamento dell'e<span class=\"_ _2\"></span>sercizio 12053Utilizzi dell'esercizio (66)(43)Rilascio dell'e<span class=\"_ _2\"></span>sercizio (653)Differenze da conversion<span class=\"_ _2\"></span>e114Apporto per acquisizion<span class=\"_ _2\"></span>e nuova controllata52-Eliminazione fondo<span class=\"_ _2\"></span> svalutazione crediti Descamp<span class=\"_ _2\"></span>s<span class=\"_ _e6\"> </span>(598)<span class=\"_ _16d\"> </span>-<span class=\"_ _16e\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>        Saldo finale4.1404.621Il <span class=\"_ _1\"> </span>rilascio <span class=\"_ _1\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _1\"> </span>2021 <span class=\"_ _1\"> </span>compr<span class=\"_ _0\"></span>endeva <span class=\"_ _1\"> </span>638 <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro, <span class=\"_ _1\"> </span>relativ<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>alla <span class=\"_ _1\"> </span>Descamps<span class=\"_ _0\"></span> S.A.S., <span class=\"_ _8\"> </span>allora <span class=\"_ _8\"> </span>par<span class=\"_ _0\"></span>te <span class=\"_ _8\"> </span>correlata, <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>484 <span class=\"_ _8\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>Euro <span class=\"_ _8\"> </span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _8\"> </span>procedura <span class=\"_ _8\"> </span>di<span class=\"_ _0\"></span> R\u00e8dressement j<span class=\"_ _0\"></span>udiciaire.   L\u2019eliminazione<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>ondo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _14\"> </span>crediti <span class=\"_ _14\"> </span>verso <span class=\"_ _b\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _14\"> </span>(598 <span class=\"_ _b\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>Euro)<span class=\"_ _0\"></span> consegue <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsolidament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>integrale <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>controllata <span class=\"_ _3\"></span>principiato <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>eserc<span class=\"_ _0\"></span>izio <span class=\"_ _0\"></span>ed alla realtiva e<span class=\"_ _0\"></span>liminazione d<span class=\"_ _0\"></span>ei crediti e deb<span class=\"_ _0\"></span>iti reciproci. Nota 13 CREDITI FINANZIARI   31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Correntecontroll<span class=\"_ _0\"></span>ante-1.179Crediti pe<span class=\"_ _0\"></span>r finanziam<span class=\"_ _0\"></span>enti a s<span class=\"_ _0\"></span>ociet<span class=\"_ _0\"></span>\u00e0 correlate--Totale -1.179I <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _5\"> </span>ver<span class=\"_ _0\"></span>so <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontrollante <span class=\"_ _e\"> </span>nell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>precedente <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>riferivano <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>credito <span class=\"_ _e\"> </span>della Capogruppo <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>ollante <span class=\"_ _3\"></span>Zucchi <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>1.179 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _3\"></span>(comprensivo di <span class=\"_ _5\"></span>29 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>interessi <span class=\"_ _e\"> </span>maturati). <span class=\"_ _e\"> </span>Come <span class=\"_ _e\"> </span>gi\u00e0 <span class=\"_ _5\"></span>seg<span class=\"_ _0\"></span>nalato, <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"></span>data <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>scadenza finale <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>30<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>giugno <span class=\"_ _5\"></span>2<span class=\"_ _0\"></span>022 <span class=\"_ _5\"> </span>la <span class=\"_ _5\"></span>co<span class=\"_ _0\"></span>ntrollante <span class=\"_ _5\"> </span>Zuc<span class=\"_ _0\"></span>chi <span class=\"_ _5\"> </span>S.p.A. <span class=\"_ _e\"> </span>ha <span class=\"_ _5\"></span>rimborsato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _5\"></span>in un\u2019unica <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>oluzione <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>un <span class=\"_ _5\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>plessivo <span class=\"_ _e\"> </span>di 1.207 migliaia <span class=\"_ _0\"></span>di Euro.<span class=\"_ _0\"></span> Nota 14 ALTRI CREDITI Gli <span class=\"_ _f\"> </span>\u201c<span class=\"_ _0\"></span>Altri <span class=\"_ _1\"> </span>crediti\u201d <span class=\"_ _1\"> </span>ammonta<span class=\"_ _0\"></span>no <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>mplessivamente<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>8.921<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>in <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>umento <span class=\"_ _1\"> </span>di 3.205 <span class=\"_ _e\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _f\"> </span>rispetto <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _e\"> </span>stes<span class=\"_ _0\"></span>so <span class=\"_ _e\"> </span>periodo <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ecedente. <span class=\"_ _f\"> </span>Al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>del gruppo Descamps<span class=\"_ _0\"></span> l\u2019increm<span class=\"_ _0\"></span>ento sarebb<span class=\"_ _0\"></span>e stato pari a 1<span class=\"_ _0\"></span>.889 migliai<span class=\"_ _0\"></span>a di Euro. 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _cf\"> </span>31.1<span class=\"_ _0\"></span>2.2021(in migliaia di euro)Corrente6.5774.676Non corrent<span class=\"_ _0\"></span>e2.3441.0408.9215.716Il dettaglio della <span class=\"_ _0\"></span>quota corr<span class=\"_ _0\"></span>ente e del<span class=\"_ _0\"></span>la quota non c<span class=\"_ _0\"></span>orrente \u00e8 cos<span class=\"_ _0\"></span>\u00ec composto:<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.<span class=\"_ _0\"></span>2021(in migliaia di euro)CorrenteAnticipi<span class=\"_ _0\"></span> a forni<span class=\"_ _0\"></span>tori6231.005Inps157190IVA5022.034Altri5.2951.4476.5774.676Non correnteDepositi<span class=\"_ _0\"></span> cauzionali1.7371.040Piani a <span class=\"_ _0\"></span>benefic<span class=\"_ _0\"></span>i definit<span class=\"_ _0\"></span>i a cred<span class=\"_ _0\"></span>ito (TFR)--Credito im<span class=\"_ _0\"></span>posta pe<span class=\"_ _0\"></span>r investim<span class=\"_ _0\"></span>enti i<span class=\"_ _0\"></span>ndustria <span class=\"_ _0\"></span>4.0264-Credito im<span class=\"_ _0\"></span>posta pe<span class=\"_ _0\"></span>r rice<span class=\"_ _0\"></span>rca e svilu<span class=\"_ _0\"></span>ppo42-Credito im<span class=\"_ _0\"></span>posta s<span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>50% - art.<span class=\"_ _0\"></span> 121145-Altri156-2.3441.040Totale8.9215.716La <span class=\"_ _c\"> </span>v<span class=\"_ _0\"></span>oce <span class=\"_ _12\"> </span>\u201cAltri\u201d <span class=\"_ _12\"> </span>della <span class=\"_ _c\"> </span>p<span class=\"_ _0\"></span>arte <span class=\"_ _12\"> </span>corrente <span class=\"_ _12\"> </span>comprende <span class=\"_ _12\"> </span>541 <span class=\"_ _12\"> </span>migliaia <span class=\"_ _12\"> </span>di <span class=\"_ _c\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _12\"> </span>derivanti dall\u2019acquisizione <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _1\"> </span>controllata <span class=\"_ _1\"> </span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>S.A.S., <span class=\"_ _1\"> </span>mentre <span class=\"_\"> </span>l<span class=\"_ _2\"></span>\u2019increment<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>attribuirsi principalmente <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>credito <span class=\"_ _3\"></span>d\u2019imposta <span class=\"_ _0\"></span>(s<span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>50% <span class=\"_ _3\"></span>art.121) <span class=\"_ _3\"></span>relativo <span class=\"_ _3\"></span>all\u2019attivit\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollata Basitalia S.r.l.<span class=\"_ _0\"></span> per un impor<span class=\"_ _0\"></span>to di 2.949 mi<span class=\"_ _0\"></span>gliaia di Euro.<span class=\"_ _0\"></span> La <span class=\"_ _d\"></span>qu<span class=\"_ _0\"></span>ota <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>corrente <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"></span>rappres<span class=\"_ _0\"></span>entata <span class=\"_ _5\"></span>dai <span class=\"_ _5\"></span>depositi <span class=\"_ _e\"> </span>cauzionali <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>ati <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>ut<span class=\"_ _0\"></span>enze <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>per alcuni <span class=\"_ _10\"> </span>contratti <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>locazi<span class=\"_ _0\"></span>one. <span class=\"_ _10\"> </span>L\u2019incremento <span class=\"_ _10\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>dov<span class=\"_ _0\"></span>uto <span class=\"_ _10\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _10\"> </span>all\u2019appo<span class=\"_ _0\"></span>rto <span class=\"_ _10\"> </span>della controllata Desc<span class=\"_ _0\"></span>amps S.A.<span class=\"_ _0\"></span>S.. Nota 15 IMMOBILI, IMPIANTI E MACCHINARI La <span class=\"_ _5\"></span>compos<span class=\"_ _0\"></span>izione <span class=\"_ _5\"></span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _5\"> </span>\u201cImmobi<span class=\"_ _0\"></span>li, <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>macchinari\u201d <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>am<span class=\"_ _0\"></span>mortamenti accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2<span class=\"_ _0\"></span>02231.12.2<span class=\"_ _0\"></span>021Fondo Valori lordiValori ne<span class=\"_ _0\"></span>tti <span class=\"_ _81\"> </span>Valori nett<span class=\"_ _0\"></span>i(in migliaia di Eu<span class=\"_ _0\"></span>ro)ammortame<span class=\"_ _0\"></span>ntoTerreni19.258-19.25821.950Fabbric<span class=\"_ _0\"></span>ati37.43732.2545.1835.925Impiant<span class=\"_ _0\"></span>i e macch<span class=\"_ _0\"></span>inari24.14123.726415200Attrezzature257257--Altri ben<span class=\"_ _0\"></span>i22.44521.446999503Migliorie su <span class=\"_ _0\"></span>beni di terzi3.9472.9281.019517Immobi<span class=\"_ _0\"></span>lizzazioni in cors<span class=\"_ _0\"></span>o e acc<span class=\"_ _0\"></span>onti25-25281107.51080.61126.89929.376Si <span class=\"_\"> </span>for<span class=\"_ _0\"></span>nisce <span class=\"_ _a\"> </span>inoltre <span class=\"_\"> </span>q<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>seguit<span class=\"_ _0\"></span>o <span class=\"_\"> </span>l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _a\"> </span>movimenti <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>imm<span class=\"_ _0\"></span>obilizzazioni <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>degli ammortament<span class=\"_ _0\"></span>i accumulati i<span class=\"_ _0\"></span>ntervenuti nel c<span class=\"_ _0\"></span>orso dell\u2019es<span class=\"_ _0\"></span>ercizio: Ammorta<span class=\"_ _0\"></span>menti Valore lordoaccumul<span class=\"_ _0\"></span>ati e Valore net<span class=\"_ _0\"></span>to(in migliaia di E<span class=\"_ _0\"></span>uro)svalutazioniSaldi al 3<span class=\"_ _0\"></span>1.12.2020108.08478.83729.247Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2021:per acquis<span class=\"_ _0\"></span>ti819-819per accon<span class=\"_ _0\"></span>ti252-252per svaluta<span class=\"_ _0\"></span>zioni(67)-(67)per rilasc<span class=\"_ _0\"></span>io fondo <span class=\"_ _0\"></span>svalutazioni---per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(176)(166)(10)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he ---per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori46<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>45<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>1<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2021108.95879.58229.376Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2022:per acquis<span class=\"_ _0\"></span>ti1.683-1.683per apport<span class=\"_ _0\"></span>i nuova con<span class=\"_ _0\"></span>trollata11.01010.888122per accon<span class=\"_ _0\"></span>ti(252)-(252)per svaluta<span class=\"_ _0\"></span>zioni(7)-(7)per ammo<span class=\"_ _0\"></span>rtamenti-900(900)per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(13.971)(10.811)(3.160)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he 33-33per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori56<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>52<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>4<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2022107.51080.61126.899Gli <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferiscon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>prev<span class=\"_ _0\"></span>alentement<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>vendita <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>1.0<span class=\"_ _0\"></span>69 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>all\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>nuov<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>macchinario <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>180 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>a lavori <span class=\"_ _3\"></span>sug<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>stabi<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>82 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>all\u2019acquis<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>computer<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ed altri beni per 35<span class=\"_ _0\"></span>2 migliaia d<span class=\"_ _0\"></span>i Euro. La <span class=\"_ _5\"></span>sv<span class=\"_ _0\"></span>alutazione <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>7 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferita <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>ter<span class=\"_ _0\"></span>reno <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Galliate, <span class=\"_ _e\"> </span>effettuata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Come gi\u00e0 s<span class=\"_ _0\"></span>egnalato, <span class=\"_ _0\"></span>in data 23 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022 l<span class=\"_ _0\"></span>a Capogrup<span class=\"_ _0\"></span>po ha ced<span class=\"_ _0\"></span>uto l\u2019intero<span class=\"_ _0\"></span> comples<span class=\"_ _0\"></span>so industriale di N<span class=\"_ _0\"></span>otaresc<span class=\"_ _0\"></span>o che <span class=\"_ _0\"></span>era c<span class=\"_ _0\"></span>onsiderato in <span class=\"_ _0\"></span>dismissione m<span class=\"_ _0\"></span>a non c<span class=\"_ _0\"></span>lassificato <span class=\"_ _0\"></span>tra le <span class=\"_ _0\"></span>attivit\u00e0 non <span class=\"_\"> </span>correnti <span class=\"_\"> </span>destinate <span class=\"_\"> </span>alla <span class=\"_\"> </span>vendita <span class=\"_\"> </span>non <span class=\"_\"> </span>essendosi <span class=\"_ _1\"> </span>v<span class=\"_ _0\"></span>erificate <span class=\"_\"> </span>tutte <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_\"> </span>previste<span class=\"_ _0\"></span> dall\u2019IFRS <span class=\"_ _3\"></span>5. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>corrispettivo <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>essione, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3.000 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span>tanzialmente <span class=\"_ _3\"></span>in linea <span class=\"_\"> </span>col <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>del<span class=\"_ _0\"></span>l\u2019area <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2021 <span class=\"_\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_\"> </span>un <span class=\"_\"> </span>terzo <span class=\"_ _a\"> </span>indipendente, <span class=\"_ _a\"> </span>ha generato <span class=\"_ _f\"> </span>una <span class=\"_ _e\"> </span>minusval<span class=\"_ _0\"></span>enza <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>154 <span class=\"_ _e\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _f\"> </span>Si <span class=\"_ _e\"> </span>evidenzia <span class=\"_ _f\"> </span>inoltre <span class=\"_ _e\"> </span>che,<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>nell\u2019amb<span class=\"_ _0\"></span>ito dell\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>Capogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>reg<span class=\"_ _0\"></span>istrato <span class=\"_ _1\"> </span>un\u2019ulter<span class=\"_ _0\"></span>iore <span class=\"_ _1\"> </span>perdita <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>150 <span class=\"_\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>Euro riferita <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>un\u2019indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _a\"> </span>risarcitoria <span class=\"_ _a\"> </span>p<span class=\"_ _0\"></span>agata <span class=\"_ _a\"> </span>all\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>prevista <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>alc<span class=\"_ _0\"></span>une <span class=\"_ _a\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> La <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>posizione <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _e\"> </span>\u201cDiritto <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>ut<span class=\"_ _0\"></span>ilizzo <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>Lease\u201d <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>relativi <span class=\"_ _e\"> </span>ammortamenti<span class=\"_ _0\"></span> accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2022<span class=\"_ _161\"> </span>3<span class=\"_ _0\"></span>1.12.202<span class=\"_ _0\"></span>1Ammortamenti<span class=\"_ _0\"></span> Valore lordoValore nett<span class=\"_ _0\"></span>o<span class=\"_ _ef\"> </span>Va<span class=\"_ _0\"></span>lore netto(in migli<span class=\"_ _0\"></span>aia di Euro)accumu<span class=\"_ _0\"></span>latiFabbricati<span class=\"_ _0\"></span> in Lease52.92318.45634.46728.472Impianti e<span class=\"_ _0\"></span> macchina<span class=\"_ _0\"></span>ri in Le<span class=\"_ _0\"></span>ase1.2301821.048-Altri beni i<span class=\"_ _0\"></span>n Lease60946914020854.76219.10735.65528.680La voce <span class=\"_ _0\"></span>\u201cFabbricati <span class=\"_ _0\"></span>in l<span class=\"_ _0\"></span>ease\u201d s<span class=\"_ _0\"></span>i riferisce <span class=\"_ _0\"></span>alla loc<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>degli immob<span class=\"_ _0\"></span>ili ove s<span class=\"_ _0\"></span>ono ub<span class=\"_ _0\"></span>icati i <span class=\"_ _0\"></span>punti vendita <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _d\"></span>gli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Impianti <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>mac<span class=\"_ _0\"></span>chinari <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>Lease\u201d <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>riferit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>leas<span class=\"_ _0\"></span>ing finanziario <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>eso <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>l\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>macchinari<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>mentre <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>\u201caltri <span class=\"_ _3\"></span>beni in Lease\u201d si riferisc<span class=\"_ _0\"></span>ono alla <span class=\"_ _0\"></span>locazione di <span class=\"_ _0\"></span>autovetture. Si f<span class=\"_ _0\"></span>ornisce <span class=\"_ _0\"></span>inoltre <span class=\"_ _3\"></span>qui di <span class=\"_ _0\"></span>seguit<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i m<span class=\"_ _0\"></span>ovimenti<span class=\"_ _0\"></span> dei\u201d <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>iritti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>utilizz<span class=\"_ _0\"></span>o be<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Lease\u201d <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> degli ammortam<span class=\"_ _0\"></span>enti accum<span class=\"_ _0\"></span>ulati al 31 dicem<span class=\"_ _0\"></span>bre 2021 e<span class=\"_ _0\"></span> 2022: Ammortam<span class=\"_ _0\"></span>enti Valore lo<span class=\"_ _0\"></span>rdoaccumu<span class=\"_ _0\"></span>lati e Valore n<span class=\"_ _0\"></span>etto(in migliaia di Euro)svalutazioniSaldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>033.0877.85125.236Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2021:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase141141per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease6.825(6.825)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(882)(882)-per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati10.11010.110per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori685018Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>142.52413.84428.680Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2022:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase5.2035.203per appo<span class=\"_ _0\"></span>rto nuova co<span class=\"_ _0\"></span>ntrollata7.7777.777per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease7.566(7.566)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(3.018)(2.356)(662)per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati2.1782.178per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori985345Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>254.76219.10735.655Nell\u2019esercizio <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ncrementi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>5.203 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l\u2019apertura <span class=\"_ _3\"></span>di nuov<span class=\"_ _0\"></span>i contratti <span class=\"_ _f\"> </span>relativi <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>mac<span class=\"_ _0\"></span>chinario <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>noleggio <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>autov<span class=\"_ _0\"></span>etture <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>di contratti <span class=\"_ _e\"> </span>d\u2019<span class=\"_ _0\"></span>affitto <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _e\"> </span>all<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _e\"> </span>Bas<span class=\"_ _0\"></span>setti <span class=\"_ _e\"> </span>Sch<span class=\"_ _0\"></span>weiz <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>Z<span class=\"_ _0\"></span>uckids. <span class=\"_ _f\"> </span>Dagli <span class=\"_ _e\"> </span>inc<span class=\"_ _0\"></span>rementi <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> diritti <span class=\"_ _0\"></span>d\u2019uso re<span class=\"_ _0\"></span>lativi all<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>estensioni d<span class=\"_ _0\"></span>ei c<span class=\"_ _0\"></span>ontratti <span class=\"_ _0\"></span>di aff<span class=\"_ _0\"></span>itto <span class=\"_ _0\"></span>gi\u00e0 in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e, pari<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>2.178 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>derivato <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>ana<span class=\"_ _0\"></span>logo <span class=\"_ _f\"> </span>incremen<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>delle <span class=\"_ _1\"> </span>corrispondenti <span class=\"_ _f\"> </span>passivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _f\"> </span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _f\"> </span>(c<span class=\"_ _0\"></span>ome pure <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nuovi <span class=\"_ _3\"></span>contratti <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>periodo). <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>verificata <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>duzione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori pari a 662 m<span class=\"_ _0\"></span>igliaia di Euro <span class=\"_ _0\"></span>a seguito de<span class=\"_ _0\"></span>lla chiusura d<span class=\"_ _0\"></span>i alcuni contr<span class=\"_ _0\"></span>atti.   Valutazione aree<span class=\"_ _0\"></span> in dismiss<span class=\"_ _0\"></span>ione Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>l\u2019area <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Ca<span class=\"_ _0\"></span>sorezzo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>considerata <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>smissione <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alcun<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>eserciz<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n classificata <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>corrent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>destinate<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>vendita <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>essen<span class=\"_ _0\"></span>dosi <span class=\"_ _0\"></span>verific<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>tutt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> condizioni <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>all\u2019IFRS <span class=\"_ _5\"></span>5. <span class=\"_ _d\"></span>La <span class=\"_ _5\"></span>valut<span class=\"_ _0\"></span>azione <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019area <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"></span>2022, <span class=\"_ _d\"></span>ottenu<span class=\"_ _0\"></span>ta <span class=\"_ _d\"></span>da un terzo indipend<span class=\"_ _0\"></span>ente, am<span class=\"_ _0\"></span>monta a 12,1<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o. Il fa<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>dell\u2019unit\u00e0 <span class=\"_ _3\"></span>immobiliare <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>all\u2019ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stimato <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i u<span class=\"_ _0\"></span>na pro<span class=\"_ _0\"></span>priet\u00e0<span class=\"_ _0\"></span> dovr<span class=\"_ _0\"></span>ebbe essere <span class=\"_ _0\"></span>cedu<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>acquistata<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utazione<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nditore <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquirente<span class=\"_ _0\"></span> entrambi <span class=\"_ _10\"> </span>inter<span class=\"_ _0\"></span>essati <span class=\"_ _10\"> </span>alla <span class=\"_ _11\"> </span>transazione, <span class=\"_ _10\"> </span>a <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_ _11\"> </span>concorrenziali, <span class=\"_ _10\"> </span>do<span class=\"_ _0\"></span>po <span class=\"_ _10\"> </span>un\u2019adeg<span class=\"_ _0\"></span>uata trattativa <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>parti<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>biano <span class=\"_ _0\"></span>agito <span class=\"_ _3\"></span>in modo <span class=\"_ _0\"></span>informa<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>hanno <span class=\"_ _0\"></span>considerat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>i beni <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>destinazione <span class=\"_ _e\"> </span>d\u2019uso <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferimen<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>della <span class=\"_ _5\"></span>stima <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>mobili <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tati stimati <span class=\"_ _e\"> </span>sul<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>criter<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>trasf<span class=\"_ _0\"></span>ormazione <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>quale <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ene deriva <span class=\"_ _e\"> </span>dall\u2019attualizzazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>cash <span class=\"_ _e\"> </span>flow <span class=\"_ _5\"> </span>ge<span class=\"_ _0\"></span>nerato <span class=\"_ _e\"> </span>dall\u2019operazione <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _e\"> </span>immobiliare, sulla <span class=\"_ _f\"> </span>b<span class=\"_ _0\"></span>ase <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>ricavi <span class=\"_ _1\"> </span>attesi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>som<span class=\"_ _0\"></span>matoria <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>costi <span class=\"_ _1\"> </span>da <span class=\"_ _f\"> </span>sos<span class=\"_ _0\"></span>tenere <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>realizz<span class=\"_ _0\"></span>are <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a trasformazione.<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>appropr<span class=\"_ _0\"></span>iato <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ualizzazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>considera<span class=\"_ _0\"></span> le <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>omponent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>finanziarie ed <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>rischi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>mprenditorial<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>ll\u2019operazione. <span class=\"_ _1\"> </span>La <span class=\"_ _f\"> </span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>tenuto <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>costi <span class=\"_ _1\"> </span>di cessione. Valutazione terr<span class=\"_ _0\"></span>eni I <span class=\"_ _0\"></span>terr<span class=\"_ _0\"></span>eni <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osto <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>determinato <span class=\"_ _3\"></span>corrispondente <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>della transizione <span class=\"_ _5\"></span>agl<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>IFR<span class=\"_ _0\"></span>S <span class=\"_ _d\"></span>(1<span class=\"_ _0\"></span>\u00b0 <span class=\"_ _5\"></span>gennaio <span class=\"_ _5\"></span>2004)<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>seguito <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>perizia <span class=\"_ _5\"> </span>di <span class=\"_ _5\"></span>periti <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>perti <span class=\"_ _5\"></span>indipende<span class=\"_ _0\"></span>nti, redatta <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _f\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>Standard <span class=\"_ _f\"> </span>In<span class=\"_ _0\"></span>ternazion<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ione; <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>riva<span class=\"_ _0\"></span>lutazion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>stata effettuata sulla <span class=\"_ _0\"></span>base dei va<span class=\"_ _0\"></span>lori di mercato.<span class=\"_ _0\"></span> L\u2019importo <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>lutazione <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>trans<span class=\"_ _0\"></span>izione a<span class=\"_ _0\"></span>gli IF<span class=\"_ _0\"></span>RS (<span class=\"_ _0\"></span>36,8 <span class=\"_ _0\"></span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro), <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto delle imposte <span class=\"_ _0\"></span>differite (11,7<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o), \u00e8 stato a<span class=\"_ _0\"></span>llocato a patr<span class=\"_ _0\"></span>imonio netto.<span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>iduo <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ggi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla riva<span class=\"_ _0\"></span>lutazione, <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iminuit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di dism<span class=\"_ _0\"></span>issioni <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzate <span class=\"_ _0\"></span>dal<span class=\"_ _0\"></span> 2004 <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>oggi, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>20,4 <span class=\"_ _3\"></span>milioni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>relative <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _3\"></span>differite <span class=\"_ _3\"></span>ammontano <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>7 milioni di Euro.<span class=\"_ _0\"></span> Trattandosi <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>terren<span class=\"_ _0\"></span>i, <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>mercato <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>stato <span class=\"_\"> </span>determinato <span class=\"_\"> </span>facendo <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>imento <span class=\"_\"> </span>alla destinazione <span class=\"_ _3\"></span>urbanistica <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>suo<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>potenz<span class=\"_ _0\"></span>ialit\u00e0 <span class=\"_ _0\"></span>edific<span class=\"_ _0\"></span>atorie <span class=\"_ _0\"></span>previste<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>umenti <span class=\"_ _0\"></span>di pianificazione <span class=\"_ _0\"></span>urbanistica v<span class=\"_ _0\"></span>igenti (appr<span class=\"_ _0\"></span>ovati o adottat<span class=\"_ _0\"></span>i). Laddove <span class=\"_ _b\"> </span>ritenuto <span class=\"_ _a\"> </span>oppor<span class=\"_ _0\"></span>tuno <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>stati <span class=\"_ _b\"> </span>applicati <span class=\"_ _a\"> </span>fa<span class=\"_ _0\"></span>ttori <span class=\"_ _a\"> </span>cor<span class=\"_ _0\"></span>rettivi <span class=\"_ _a\"> </span>per <span class=\"_ _b\"> </span>tener <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _a\"> </span>del<span class=\"_ _0\"></span>le caratteristiche i<span class=\"_ _0\"></span>ntrinseche ed es<span class=\"_ _0\"></span>trinseche ai s<span class=\"_ _0\"></span>ingoli lotti <span class=\"_ _0\"></span>di terreno. Ai <span class=\"_ _b\"> </span>fi<span class=\"_ _0\"></span>ni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _14\"> </span>redaz<span class=\"_ _0\"></span>ione <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>31 <span class=\"_ _14\"> </span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>022, <span class=\"_ _14\"> </span>stante<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>persistente<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cr<span class=\"_ _0\"></span>isi economico-finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>carat<span class=\"_ _0\"></span>terizzato <span class=\"_ _3\"></span>l\u2019econo<span class=\"_ _0\"></span>mia <span class=\"_ _3\"></span>mondiale, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _3\"></span>richiesto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>perito indipendente, <span class=\"_ _5\"></span>seppur <span class=\"_ _d\"></span>non <span class=\"_ _5\"></span>fosse <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>corso <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>trienn<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>dall<span class=\"_ _0\"></span>\u2019ultima <span class=\"_ _d\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>otte<span class=\"_ _0\"></span>nuta <span class=\"_ _d\"></span>deg<span class=\"_ _0\"></span>li stessi, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>confer<span class=\"_ _0\"></span>mato <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>erreni <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>differiscono in maniera rilevante <span class=\"_ _0\"></span>dai valori isc<span class=\"_ _0\"></span>ritti in bilanc<span class=\"_ _0\"></span>io. Valutazione fa<span class=\"_ _0\"></span>bbricati e impianti <span class=\"_ _0\"></span>generici Per <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uanto <span class=\"_ _3\"></span>concerne <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>abbricati <span class=\"_ _3\"></span>iscritto <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ichiesta <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>erizia <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>zo indipendente <span class=\"_\"> </span>volta <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>stim<span class=\"_ _0\"></span>are <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>corrente <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>utilizz<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>attribuibile <span class=\"_\"> </span>ai <span class=\"_ _1\"> </span>fabbric<span class=\"_ _0\"></span>ati <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>agli impianti <span class=\"_ _0\"></span>generic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mplessi <span class=\"_ _0\"></span>immobiliar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>siti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Cu<span class=\"_ _0\"></span>ggiono <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>escaldina. <span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ali <span class=\"_ _0\"></span>perizie <span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>no evidenziato valor<span class=\"_ _0\"></span>i superiori di que<span class=\"_ _0\"></span>lli iscr<span class=\"_ _0\"></span>itti in bilancio.<span class=\"_ _0\"></span> In <span class=\"_ _1\"> </span>relazione <span class=\"_ _1\"> </span>alle <span class=\"_ _1\"> </span>carat<span class=\"_ _0\"></span>teristiche, <span class=\"_\"> </span>all<span class=\"_ _2\"></span>e <span class=\"_ _1\"> </span>destinaz<span class=\"_ _0\"></span>ioni <span class=\"_ _1\"> </span>d\u2019uso <span class=\"_ _1\"> </span>ed <span class=\"_\"> </span>a<span class=\"_ _2\"></span>lle <span class=\"_ _1\"> </span>potenzia<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>utilizzo <span class=\"_ _1\"> </span>di ciascun <span class=\"_ _3\"></span>immobi<span class=\"_ _0\"></span>le, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>determinazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mercato <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tati <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>ottati, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>ma autonoma o co<span class=\"_ _0\"></span>mbinati tra l<span class=\"_ _0\"></span>oro, i seguent<span class=\"_ _0\"></span>i approcci: -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do <span class=\"_ _d\"></span>compar<span class=\"_ _0\"></span>ativo: <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _5\"></span>dell\u2019immob<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _d\"></span>confro<span class=\"_ _0\"></span>nto <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>quo<span class=\"_ _0\"></span>tazioni </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>relativ<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>immobili <span class=\"_ _f\"> </span>assimilabi<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>(comparables), <span class=\"_ _f\"> </span>attr<span class=\"_ _0\"></span>averso <span class=\"_ _f\"> </span>un processo <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201caggiustament<span class=\"_ _0\"></span>o\u201d <span class=\"_ _e\"> </span>che <span class=\"_ _f\"> </span>apprezza <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>pecu<span class=\"_ _0\"></span>liarit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019immobile <span class=\"_ _f\"> </span>oggetto <span class=\"_ _e\"> </span>di stima rispetto a<span class=\"_ _0\"></span>lle corrispondent<span class=\"_ _0\"></span>i caratteristich<span class=\"_ _0\"></span>e dei comparables<span class=\"_ _0\"></span>; -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do dell\u2019attua<span class=\"_ _0\"></span>lizzazione <span class=\"_ _0\"></span>dei fluss<span class=\"_ _0\"></span>i di c<span class=\"_ _0\"></span>assa (<span class=\"_ _0\"></span>DCF): il <span class=\"_ _0\"></span>valore d<span class=\"_ _0\"></span>ell\u2019immobile, <span class=\"_ _0\"></span>nel s<span class=\"_ _0\"></span>uo </span>insieme, <span class=\"_ _3\"></span>deriva <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>attualiz<span class=\"_ _0\"></span>zazione <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>low <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ci <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>attende <span class=\"_ _3\"></span>verr\u00e0 <span class=\"_ _3\"></span>generato dai <span class=\"_ _a\"> </span>contra<span class=\"_ _0\"></span>tti <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>locazione <span class=\"_ _b\"> </span>e/o <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ai <span class=\"_ _a\"> </span>prov<span class=\"_ _0\"></span>enti <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>endite, <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>n<span class=\"_ _0\"></span>etto <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>costi <span class=\"_ _b\"> </span>di pertinenza <span class=\"_ _13\"> </span>della <span class=\"_ _13\"> </span>propriet\u00e0; <span class=\"_ _13\"> </span>il <span class=\"_ _11\"> </span>procedi<span class=\"_ _0\"></span>mento <span class=\"_ _11\"> </span>ut<span class=\"_ _0\"></span>ilizza <span class=\"_ _13\"> </span>un <span class=\"_ _11\"> </span>appr<span class=\"_ _0\"></span>opriato <span class=\"_ _13\"> </span>tasso <span class=\"_ _13\"> </span>di attualizzazione, <span class=\"_ _e\"> </span>che <span class=\"_ _5\"></span>consi<span class=\"_ _0\"></span>dera <span class=\"_ _5\"> </span>ana<span class=\"_ _0\"></span>liticamente <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _5\"> </span>car<span class=\"_ _0\"></span>atteristici <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>ll\u2019immobile <span class=\"_ _e\"> </span>in esame. Nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>aso <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>immobil<span class=\"_ _0\"></span>i-porzioni <span class=\"_ _d\"></span>immo<span class=\"_ _0\"></span>biliari <span class=\"_ _d\"></span>trasform<span class=\"_ _0\"></span>abili/<span class=\"_ _0\"></span>da <span class=\"_ _3\"></span>valor<span class=\"_ _0\"></span>izzare <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stata sviluppata a<span class=\"_ _0\"></span>pplicando<span class=\"_ _0\"></span> il criterio de<span class=\"_ _0\"></span>l Valore d<span class=\"_ _0\"></span>i Trasf<span class=\"_ _0\"></span>ormazione, <span class=\"_ _0\"></span>in base <span class=\"_ _0\"></span>al quale <span class=\"_ _0\"></span>il Valore<span class=\"_ _0\"></span> della propriet\u00e0 <span class=\"_ _1\"> </span>deriva <span class=\"_ _f\"> </span>dalla <span class=\"_ _1\"> </span>attualizzazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>h <span class=\"_ _f\"> </span>f<span class=\"_ _0\"></span>low <span class=\"_ _1\"> </span>generato <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>ll\u2019operazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>sv<span class=\"_ _0\"></span>iluppo immobiliare, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>luce <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cavi att<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>sommatoria <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>realizzaz<span class=\"_ _0\"></span>ione, <span class=\"_ _0\"></span>tene<span class=\"_ _0\"></span>ndo conto degli oner<span class=\"_ _0\"></span>i/proventi fi<span class=\"_ _0\"></span>nanziari e de<span class=\"_ _0\"></span>l rischio impre<span class=\"_ _0\"></span>nditoriale. Valutazioni imp<span class=\"_ _0\"></span>ianti, macch<span class=\"_ _0\"></span>inari e altri<span class=\"_ _0\"></span> beni \u2013 assunzi<span class=\"_ _0\"></span>oni utilizzate<span class=\"_ _0\"></span> Il <span class=\"_ _c\"> </span>parc<span class=\"_ _0\"></span>o <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _12\"> </span>e <span class=\"_ _c\"> </span>macc<span class=\"_ _0\"></span>hinari <span class=\"_ _c\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _c\"> </span>quello <span class=\"_ _12\"> </span>delle <span class=\"_ _12\"> </span>attrezzature <span class=\"_ _12\"> </span>comprendono <span class=\"_ _12\"> </span>cespiti contabilmente <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>i\u00e0 <span class=\"_ _3\"></span>totalmen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>ammor<span class=\"_ _0\"></span>tizzati, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ncora<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>impiegati <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>produzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>essendo la loro capacit\u00e0 pr<span class=\"_ _0\"></span>oduttiva s<span class=\"_ _0\"></span>uperiore a<span class=\"_ _0\"></span>lla vita contabile.<span class=\"_ _0\"></span> Valutata <span class=\"_ _e\"> </span>la <span class=\"_ _5\"> </span>na<span class=\"_ _0\"></span>tura <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>egli <span class=\"_ _e\"> </span>asset <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>revalenza <span class=\"_ _e\"> </span>generica, <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>loro <span class=\"_ _5\"></span>attu<span class=\"_ _0\"></span>ale utilizzo <span class=\"_ _3\"></span>operativo, <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>tatat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>sussistenza <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>diverse <span class=\"_ _d\"></span>metodologie <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value che <span class=\"_ _3\"></span>ben <span class=\"_ _3\"></span>sembra<span class=\"_ _0\"></span>no <span class=\"_ _3\"></span>adattarsi <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>pred<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>assets<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ritenuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>recepire <span class=\"_ _3\"></span>la metodologia <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>cont<span class=\"_ _0\"></span>enuti <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>periz<span class=\"_ _0\"></span>ia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tima <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>mmobilizz<span class=\"_ _0\"></span>azioni tecniche <span class=\"_ _e\"> </span>redatta <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>perito <span class=\"_ _e\"> </span>professionalmente <span class=\"_ _e\"> </span>qua<span class=\"_ _0\"></span>lificato <span class=\"_ _e\"> </span>incaricato <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>Vincen<span class=\"_ _0\"></span>zo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi S.p.A., <span class=\"_ _9\"> </span>ossia <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>Pr<span class=\"_ _0\"></span>axi <span class=\"_ _9\"> </span>S.p.A.<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>deter<span class=\"_ _0\"></span>minazione <span class=\"_ _10\"> </span>del <span class=\"_ _8\"> </span>rec<span class=\"_ _0\"></span>overable <span class=\"_ _9\"> </span>am<span class=\"_ _0\"></span>ount <span class=\"_ _9\"> </span>delle immobilizzaz<span class=\"_ _0\"></span>ioni <span class=\"_ _b\"> </span>tecniche <span class=\"_ _14\"> </span>ai <span class=\"_ _b\"> </span>fini <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>giudizio <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>im<span class=\"_ _0\"></span>pairment <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evista <span class=\"_ _b\"> </span>dallo <span class=\"_ _14\"> </span>IAS <span class=\"_ _b\"> </span>36. <span class=\"_ _b\"> </span>I<span class=\"_ _0\"></span>n particolare, per <span class=\"_ _0\"></span>la stima de<span class=\"_ _0\"></span>gli asset in o<span class=\"_ _0\"></span>ggetto Praxi S.<span class=\"_ _0\"></span>p.A. si \u00e8 <span class=\"_ _0\"></span>avvalsa:  -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del <span class=\"_ _8\"> </span>metodo <span class=\"_ _9\"> </span>com<span class=\"_ _0\"></span>parativo, <span class=\"_ _9\"> </span>attraverso <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>quale <span class=\"_ _9\"> </span>il <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _9\"> </span>di <span class=\"_ _8\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _9\"> </span>bene <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _8\"> </span>st<span class=\"_ _0\"></span>imato <span class=\"_ _9\"> </span>per </span>comparazione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>beni <span class=\"_ _3\"></span>analoghi <span class=\"_ _3\"></span>(per <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>ologia, <span class=\"_ _3\"></span>caratteristiche <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>d\u2019uso) di <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>noto <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valore.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>metodo <span class=\"_ _1\"> </span>co<span class=\"_ _0\"></span>mparativo <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>util<span class=\"_ _0\"></span>izzabile <span class=\"_ _1\"> </span>laddove <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>ia <span class=\"_ _1\"> </span>presente <span class=\"_ _1\"> </span>un numero <span class=\"_ _b\"> </span>sufficien<span class=\"_ _0\"></span>te <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alori <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>riferim<span class=\"_ _0\"></span>ento. <span class=\"_ _b\"> </span>Per <span class=\"_ _b\"> </span>la <span class=\"_ _b\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>valore <span class=\"_ _b\"> </span>final<span class=\"_ _0\"></span>e dell\u2019asset, <span class=\"_ _0\"></span>quindi, i<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>erito ha <span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>olto le <span class=\"_ _0\"></span>seguenti <span class=\"_ _0\"></span>attivit\u00e0:<span class=\"_ _0\"></span> (i) <span class=\"_ _0\"></span>individuaz<span class=\"_ _0\"></span>ione dei <span class=\"_ _0\"></span><span class=\"ff4\">comparabl<span class=\"_ _0\"></span>e</span>, (ii) <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>parazione, <span class=\"_ _d\"></span>(iii) <span class=\"_ _d\"></span>appr<span class=\"_ _0\"></span>ezzamento/d<span class=\"_ _0\"></span>eprezzamento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dell\u2019as<span class=\"_ _0\"></span>set <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span><span class=\"ff4\">compara<span class=\"_ _0\"></span>ble</span>, in funzione delle s<span class=\"_ _0\"></span>ue caratter<span class=\"_ _0\"></span>istiche specific<span class=\"_ _0\"></span>he e (iv) calcolo del <span class=\"_ _0\"></span>valore final<span class=\"_ _0\"></span>e; -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del metodo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>costo, <span class=\"_ _3\"></span>attravers<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>quale <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>bene, <span class=\"_ _0\"></span>chiam<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>dal <span class=\"_ _3\"></span>perito <span class=\"_ _0\"></span>\u201cValore<span class=\"_ _0\"></span> </span>Corrente <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>U<span class=\"_ _0\"></span>tilizzo\u201d <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stimato <span class=\"_ _e\"> </span>partendo <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>suo <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>icostruzione <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>nuovo <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>cui sono po<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sottratti <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>deprez<span class=\"_ _0\"></span>zamenti <span class=\"_ _0\"></span>imputabili <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>gravano <span class=\"_ _0\"></span>sul <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span> stesso <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>eccesso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>investi<span class=\"_ _0\"></span>mento, <span class=\"_ _3\"></span>usura <span class=\"_ _3\"></span>fis<span class=\"_ _0\"></span>ica, <span class=\"_ _3\"></span>inad<span class=\"_ _0\"></span>eguatezza <span class=\"_ _3\"></span>tecn<span class=\"_ _0\"></span>ologica, <span class=\"_ _3\"></span>obsol<span class=\"_ _0\"></span>escenza funzionale). <span class=\"_ _e\"> </span>Il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _f\"> </span>costo <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>utilizzato <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>valutazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>presentano<span class=\"_ _0\"></span> specificit\u00e0 tal<span class=\"_ _0\"></span>i da non consentir<span class=\"_ _0\"></span>e un confront<span class=\"_ _0\"></span>o diretto co<span class=\"_ _0\"></span>n altri ben<span class=\"_ _0\"></span>i. Praxi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imato <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alue, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita, <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>impian<span class=\"_ _0\"></span>ti, <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>e degli <span class=\"_ _a\"> </span>altri <span class=\"_ _a\"> </span>beni <span class=\"_ _a\"> </span>app<span class=\"_ _0\"></span>licando <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>m<span class=\"_ _0\"></span>etodo <span class=\"_ _a\"> </span>comparat<span class=\"_ _0\"></span>ivo; <span class=\"_ _a\"> </span>quello <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>impianti <span class=\"_ _a\"> </span>e macchinari non stand<span class=\"_ _0\"></span>ard e <span class=\"_ _0\"></span>installati in opera<span class=\"_ _0\"></span>.  Per <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>lizzazioni <span class=\"_ _5\"></span>tecnic<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>detenute <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>altre <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>nsolidate <span class=\"_ _e\"> </span>non <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>ritenuto<span class=\"_ _0\"></span> necessario richieder<span class=\"_ _0\"></span>e una perizi<span class=\"_ _0\"></span>a di stima d<span class=\"_ _0\"></span>el fair value. <span class=\"_ _0\"></span> Altre informaz<span class=\"_ _0\"></span>ioni Si <span class=\"_ _a\"> </span>segnala <span class=\"_ _b\"> </span>che <span class=\"_ _a\"> </span>le <span class=\"_ _b\"> </span>obblig<span class=\"_ _0\"></span>azioni <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>F<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>garantite, <span class=\"_ _a\"> </span>i<span class=\"_ _0\"></span>nter <span class=\"_ _b\"> </span>alia, <span class=\"_ _a\"> </span>da un\u2019ipoteca <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ostituita <span class=\"_ _3\"></span>sugli <span class=\"_ _3\"></span>immobili <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opriet\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>Vi<span class=\"_ _0\"></span>ncenzo <span class=\"_ _3\"></span>Zucchi <span class=\"_ _3\"></span>S.p.A. di Casorezzo, V<span class=\"_ _0\"></span>imercate e Res<span class=\"_ _0\"></span>caldina. Si e<span class=\"_ _0\"></span>videnzia <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>emessi <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>\u2019acquisto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>obilizzazi<span class=\"_ _0\"></span>oni m<span class=\"_ _0\"></span>ateriali <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> data di bilanc<span class=\"_ _0\"></span>io era di impor<span class=\"_ _0\"></span>to non rilevan<span class=\"_ _0\"></span>te. Nota 16 INVESTIMENTI IMMOBILIARI<span class=\"fs2 fc5\"> </span>Gli <span class=\"_ _3\"></span>inv<span class=\"_ _0\"></span>estimenti <span class=\"_ _d\"></span>immobiliar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _d\"></span>2022 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>box<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>detenuto dalla Capogrup<span class=\"_ _0\"></span>po e il cui v<span class=\"_ _0\"></span>alore di iscrizion<span class=\"_ _0\"></span>e a bilancio \u00e8 par<span class=\"_ _0\"></span>i a zero.<span class=\"_ _0\"></span> Gli <span class=\"_ _a\"> </span>inves<span class=\"_ _0\"></span>timenti <span class=\"_ _b\"> </span>immobiliari <span class=\"_ _b\"> </span>sono <span class=\"_ _b\"> </span>iscritti <span class=\"_ _a\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>costo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>torico, <span class=\"_ _a\"> </span>ev<span class=\"_ _0\"></span>entualmente <span class=\"_ _b\"> </span>rettificato <span class=\"_ _b\"> </span>per riconoscere p<span class=\"_ _0\"></span>erdite di valor<span class=\"_ _0\"></span>e, che \u00e8 rappr<span class=\"_ _0\"></span>esentativo de<span class=\"_ _0\"></span>l fair value a<span class=\"_ _0\"></span>lla data di bi<span class=\"_ _0\"></span>lancio<span class=\"ff5 fs3\">. </span>Nel corso del 20<span class=\"_ _0\"></span>22, cos\u00ec co<span class=\"_ _0\"></span>me nell\u2019eserc<span class=\"_ _0\"></span>izio 2021, la v<span class=\"_ _0\"></span>oce non ha r<span class=\"_ _0\"></span>egistrato mov<span class=\"_ _0\"></span>imenti. Si <span class=\"_\"> </span>evidenzia <span class=\"_\"> </span>che <span class=\"_\"> </span>nel <span class=\"_\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_\"> </span>non <span class=\"_\"> </span>sono <span class=\"_\"> </span>stati <span class=\"_\"> </span>re<span class=\"_ _0\"></span>gistrati <span class=\"_\"> </span>ricav<span class=\"_ _0\"></span>i <span class=\"_\"> </span>per <span class=\"_\"> </span>canoni <span class=\"_\"> </span>e <span class=\"_\"> </span>costi <span class=\"_\"> </span>operativi relativamente ag<span class=\"_ _0\"></span>li invest<span class=\"_ _0\"></span>imenti immobi<span class=\"_ _0\"></span>liare di cui sopr<span class=\"_ _0\"></span>a. Nota 17 ATTIVITA\u2019 IMMATERIALI<span class=\"fc5\"> </span>La <span class=\"_ _1\"> </span>composizi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>delle <span class=\"_\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>relativi <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>mmortament<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>accumu<span class=\"_ _0\"></span>lati <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 dicembre 2022 e 2<span class=\"_ _0\"></span>021 \u00e8 la <span class=\"_ _0\"></span>seguente: 31.12.2<span class=\"_ _0\"></span>02231.12.2<span class=\"_ _0\"></span>021Fondo Valori lordiValori ne<span class=\"_ _0\"></span>tti<span class=\"_ _6d\"> </span>Valori nett<span class=\"_ _0\"></span>i(in migliaia di Eu<span class=\"_ _0\"></span>ro)ammortame<span class=\"_ _0\"></span>ntoDiritti di<span class=\"_ _0\"></span> brevetto indus<span class=\"_ _0\"></span>triale <span class=\"_ _0\"></span>e diritti di utilizzazione d<span class=\"_ _0\"></span>i opere del<span class=\"_ _0\"></span>l'ingegno2.849<span class=\"_ _173\"></span>            <span class=\"_ _0\"></span>          <span class=\"_ _e5\"> </span>2.59<span class=\"_ _0\"></span>8<span class=\"_ _174\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _58\"> </span>251<span class=\"_ _135\"></span>      <span class=\"_ _0\"></span>           <span class=\"_ _175\"> </span>115<span class=\"_ _135\"></span>                 Concessi<span class=\"_ _0\"></span>oni, li<span class=\"_ _0\"></span>cenze, marchi5.0475954.45211Avviamenti c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i7.856-7.856-Immobi<span class=\"_ _0\"></span>lizzazioni in cors<span class=\"_ _0\"></span>o e acc<span class=\"_ _0\"></span>onti557-557509Altre2.4716261.8451.45518.7803.81914.9612.090I \u201cDiritti di <span class=\"_ _0\"></span>brevett<span class=\"_ _0\"></span>o industri<span class=\"_ _0\"></span>ale e <span class=\"_ _0\"></span>diritti <span class=\"_ _0\"></span>di utilizzaz<span class=\"_ _0\"></span>ione delle o<span class=\"_ _0\"></span>pere del<span class=\"_ _0\"></span>l\u2019ingegno\u201d <span class=\"_ _0\"></span>comprendono in <span class=\"_ _5\"></span>pr<span class=\"_ _0\"></span>evalenza <span class=\"_ _e\"> </span>acquisti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>software <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>elaboratori <span class=\"_ _e\"> </span>ele<span class=\"_ _0\"></span>ttronici. <span class=\"_ _e\"> </span>La <span class=\"_ _e\"> </span>loro <span class=\"_ _e\"> </span>iscrizione <span class=\"_ _e\"> </span>avv<span class=\"_ _0\"></span>iene <span class=\"_ _5\"> </span>al costo <span class=\"_ _f\"> </span>stor<span class=\"_ _0\"></span>ico <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>vie<span class=\"_ _0\"></span>ne <span class=\"_ _f\"> </span>ammort<span class=\"_ _0\"></span>izzato <span class=\"_ _f\"> </span>sulla <span class=\"_ _f\"> </span>b<span class=\"_ _0\"></span>ase <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>ita <span class=\"_ _f\"> </span>ut<span class=\"_ _0\"></span>ile,<span class=\"ff2 fc0\"> <span class=\"_ _f\"> </span></span>defi<span class=\"_ _0\"></span>nita <span class=\"_ _f\"> </span>mediamen<span class=\"_ _0\"></span>te <span class=\"_ _f\"> </span>in<span class=\"_ _0\"></span> cinque anni. Gli <span class=\"_ _d\"></span>avviament<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mmerciali<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferiscon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>l\u2019acquisizione <span class=\"_ _5\"></span>onerosa <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>dir<span class=\"_ _0\"></span>itti <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>l\u2019eser<span class=\"_ _0\"></span>cizio <span class=\"_ _d\"></span>di attivit\u00e0 <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>merciali <span class=\"_\"> </span>a<span class=\"_ _2\"></span>venti <span class=\"_\"> </span>vita <span class=\"_ _1\"> </span>utile <span class=\"_\"> </span>in<span class=\"_ _2\"></span>definit<span class=\"_ _0\"></span>a, <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>val<span class=\"_ _0\"></span>ore <span class=\"_ _1\"> </span>non <span class=\"_\"> </span>viene <span class=\"_ _1\"> </span>pi\u00f9 <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>istematicamente ammortizzato, <span class=\"_ _b\"> </span>ma <span class=\"_ _b\"> </span>as<span class=\"_ _0\"></span>soggettato <span class=\"_ _b\"> </span>ad <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>ver<span class=\"_ _0\"></span>ifica <span class=\"_ _b\"> </span>periodica <span class=\"_ _b\"> </span>ai <span class=\"_ _b\"> </span>fini <span class=\"_ _b\"> </span>dell\u2019ident<span class=\"_ _0\"></span>ificaz<span class=\"_ _0\"></span>ione <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i eventuali per<span class=\"_ _0\"></span>dite di valore.<span class=\"_ _0\"></span> Di <span class=\"_\"> </span>conseguenza, <span class=\"_\"> </span>al <span class=\"_\"> </span>31 <span class=\"_\"> </span>d<span class=\"_ _2\"></span>icembre <span class=\"_\"> </span>2022 <span class=\"_\"> </span>il <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_\"> </span>provveduto <span class=\"_\"> </span>a <span class=\"_\"> </span>t<span class=\"_ _2\"></span>estare <span class=\"_\"> </span>se <span class=\"_\"> </span>il <span class=\"_\"> </span>valore contabile <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>Key <span class=\"_ _3\"></span>money <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>nuova <span class=\"_ _3\"></span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _3\"></span>Descamps <span class=\"_ _3\"></span>S.A.<span class=\"_ _0\"></span>S., <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>7.856 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di Euro, <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>subito <span class=\"_ _3\"></span>una<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>riduzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alore. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>recuper<span class=\"_ _0\"></span>abile <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>determi<span class=\"_ _0\"></span>nato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _3\"></span>dei calcoli <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso. <span class=\"_ _e\"> </span>L<span class=\"_ _0\"></span>\u2019impiego <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>questo <span class=\"_ _e\"> </span>metodo <span class=\"_ _f\"> </span>richiede <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>stima <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>flus<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>cas<span class=\"_ _0\"></span>sa futuri <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"> </span>tass<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>attualizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>calco<span class=\"_ _0\"></span>lare <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>at<span class=\"_ _0\"></span>tuale <span class=\"_ _5\"></span>dei flussi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>cas<span class=\"_ _0\"></span>sa. <span class=\"_ _e\"> </span>Per <span class=\"_ _e\"> </span>valutar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _e\"> </span>singole <span class=\"_ _e\"> </span>CGU<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>(31 <span class=\"_ _e\"> </span>punti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>vendita)<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stato utilizzato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>attualizzazione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>9% <span class=\"_ _3\"></span>WACC <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>icavato <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>fonti <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nternazional<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>Aswath Damodaran). <span class=\"_ _f\"> </span>I <span class=\"_ _e\"> </span>valor<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>rec<span class=\"_ _0\"></span>uperabili <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>tutte <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>CGU <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cui <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>opra <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _e\"> </span>sta<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>eterminati <span class=\"_ _f\"> </span>dai calcoli d<span class=\"_ _0\"></span>el val<span class=\"_ _0\"></span>ore d\u2019<span class=\"_ _0\"></span>uso su<span class=\"_ _0\"></span>lla bas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>elle proi<span class=\"_ _0\"></span>ezioni d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>flussi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span>ricavate <span class=\"_ _0\"></span>dai <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>per un <span class=\"_\"> </span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>cinque <span class=\"_ _a\"> </span>anni <span class=\"_ _a\"> </span>fino <span class=\"_\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_\"> </span>31 <span class=\"_ _a\"> </span>dicembre <span class=\"_ _a\"> </span>2027. <span class=\"_ _a\"> </span>Tra <span class=\"_\"> </span>le <span class=\"_ _a\"> </span>altre <span class=\"_ _a\"> </span>ipotesi <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_ _a\"> </span>si evidenzia <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _3\"></span>utilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cresc<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>prudenziale <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u20191%, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>assunto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i COGS c<span class=\"_ _0\"></span>rescano <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>linea c<span class=\"_ _0\"></span>on i <span class=\"_ _0\"></span>ricavi, <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> il c<span class=\"_ _0\"></span>osto de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>personale <span class=\"_ _0\"></span>dipendent<span class=\"_ _0\"></span>e e <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>affitti <span class=\"_ _0\"></span>non abbiano variaz<span class=\"_ _0\"></span>ioni rispetto al 2<span class=\"_ _0\"></span>022. Tenuto <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>recuperabile <span class=\"_ _d\"></span>della <span class=\"_ _3\"></span>CGU<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>(3<span class=\"_ _0\"></span>3.540 <span class=\"_ _3\"></span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro)<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>uperiore <span class=\"_ _3\"></span>al valore <span class=\"_ _d\"></span>contabile <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>essa <span class=\"_ _d\"></span>(7.856 <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>Euro) <span class=\"_ _d\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ileva <span class=\"_ _3\"></span>alc<span class=\"_ _0\"></span>una <span class=\"_ _d\"></span>perdita<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lore sui key money all<span class=\"_ _0\"></span>a data del <span class=\"_ _0\"></span>31 dicembre 2<span class=\"_ _0\"></span>022. Nella <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>\u201c<span class=\"_ _0\"></span>Altre\u201d <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>compresi <span class=\"_ _e\"> </span>gli <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>mporti <span class=\"_ _5\"></span>pa<span class=\"_ _0\"></span>gati <span class=\"_ _5\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>l\u2019acquisizione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"></span>ag<span class=\"_ _0\"></span>li esercizi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>dita, <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>urata <span class=\"_ _3\"></span>predefinita; <span class=\"_ _d\"></span>detti <span class=\"_ _3\"></span>impor<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>mmortizzati <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>base alla <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>urata <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>contratto. <span class=\"_ _e\"> </span>Sono <span class=\"_ _e\"> </span>comprese <span class=\"_ _e\"> </span>inoltre <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>immobilizzazio<span class=\"_ _0\"></span>ni <span class=\"_ _e\"> </span>materiali <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>elative <span class=\"_ _e\"> </span>alla creazione di nu<span class=\"_ _0\"></span>ovi modelli <span class=\"_ _0\"></span>di business, tr<span class=\"_ _0\"></span>a i quali la piattaf<span class=\"_ _0\"></span>orma e-comm<span class=\"_ _0\"></span>erce. Le <span class=\"_ _d\"></span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>cor<span class=\"_ _0\"></span>so <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferisc<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _d\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>realizz<span class=\"_ _0\"></span>azione <span class=\"_ _d\"></span>dell\u2019upgrad<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>e all\u2019implementaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>del <span class=\"_\"> </span>si<span class=\"_ _0\"></span>stema <span class=\"_\"> </span>informat<span class=\"_ _0\"></span>ico <span class=\"_\"> </span>util<span class=\"_ _0\"></span>izzato <span class=\"_\"> </span>dal <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_\"> </span>e <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ai <span class=\"_\"> </span>progetti <span class=\"_\"> </span>per<span class=\"_ _0\"></span> <span class=\"_\"> </span>la creazione di nu<span class=\"_ _0\"></span>ovi modelli <span class=\"_ _0\"></span>di business. Si <span class=\"_\"> </span>fornisce <span class=\"_\"> </span>inoltre<span class=\"_ _0\"></span> <span class=\"_\"> </span>qui <span class=\"_\"> </span>di <span class=\"_\"> </span>seguito <span class=\"_\"> </span>l\u2019analisi <span class=\"_\"> </span>dei <span class=\"_\"> </span>movi<span class=\"_ _0\"></span>menti <span class=\"_\"> </span>delle <span class=\"_\"> </span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>e <span class=\"_\"> </span>degli ammortament<span class=\"_ _0\"></span>i accumulati i<span class=\"_ _0\"></span>ntervenuti nel c<span class=\"_ _0\"></span>orso dell\u2019es<span class=\"_ _0\"></span>ercizio: Ammort<span class=\"_ _0\"></span>amenti Valore lo<span class=\"_ _0\"></span>rdoaccumul<span class=\"_ _0\"></span>ati e Valore ne<span class=\"_ _0\"></span>tto(in migliaia di Euro)svalutazioniSaldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>202.6695892.080Increment<span class=\"_ _0\"></span>i (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2021:per acqu<span class=\"_ _0\"></span>isti312-312per ammort<span class=\"_ _0\"></span>amenti-303(303)per vendite e<span class=\"_ _0\"></span>d elimi<span class=\"_ _0\"></span>nazioni(115)(115)-per ricl<span class=\"_ _0\"></span>assifich<span class=\"_ _0\"></span>e---per differen<span class=\"_ _0\"></span>ze di con<span class=\"_ _0\"></span>versione e al<span class=\"_ _0\"></span>tre min<span class=\"_ _0\"></span>ori3<span class=\"_ _170\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>2<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>      <span class=\"_ _ec\"> </span>1<span class=\"_ _172\"></span>        <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>  Saldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>212.8697792.090Increment<span class=\"_ _0\"></span>i (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2022:per acqu<span class=\"_ _0\"></span>isti697-697per appor<span class=\"_ _0\"></span>ti nuova cont<span class=\"_ _0\"></span>rollata15.4762.75812.718per ammort<span class=\"_ _0\"></span>amenti-513(513)per vendite e<span class=\"_ _0\"></span>d elimi<span class=\"_ _0\"></span>nazioni(231)(231)-per ricl<span class=\"_ _0\"></span>assifich<span class=\"_ _0\"></span>e(33)-(33)per differen<span class=\"_ _0\"></span>ze di con<span class=\"_ _0\"></span>versione e al<span class=\"_ _0\"></span>tre min<span class=\"_ _0\"></span>ori2<span class=\"_ _170\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>         <span class=\"_ _15a\"> </span>-<span class=\"_ _174\"></span>          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>   <span class=\"_ _c1\"> </span>2<span class=\"_ _172\"></span>               <span class=\"_ _0\"></span>      Saldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>2218.7803.81914.961Gli <span class=\"_ _1\"> </span>investim<span class=\"_ _0\"></span>enti <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _1\"> </span>immateriali <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_\"> </span>2022, <span class=\"_ _1\"> </span>compless<span class=\"_ _0\"></span>ivamente <span class=\"_ _1\"> </span>pari <span class=\"_\"> </span>a <span class=\"_ _f\"> </span>697<span class=\"_ _0\"></span> migliaia <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Euro, <span class=\"_ _f\"> </span>sono <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>spese <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>iferite <span class=\"_ _f\"> </span>ai <span class=\"_ _f\"> </span>sistemi <span class=\"_ _f\"> </span>informativi <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>lo <span class=\"_ _f\"> </span>sviluppo <span class=\"_ _f\"> </span>della<span class=\"_ _0\"></span> nuova <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pp <span class=\"_ _3\"></span>w<span class=\"_ _0\"></span>holesale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>altre <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>89 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _d\"></span>allo <span class=\"_ _d\"></span>svilup<span class=\"_ _0\"></span>po <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el nuovo <span class=\"_ _3\"></span>sistema <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormatico <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1<span class=\"_ _0\"></span>68 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>definizione <span class=\"_ _d\"></span>e sviluppo <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>nuovo <span class=\"_ _5\"></span>modello <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ncept <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ore <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>53 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro<span class=\"_ _0\"></span>. <span class=\"_ _d\"></span>Sono <span class=\"_ _5\"></span>comprese <span class=\"_ _5\"></span>287 migliaia d<span class=\"_ _0\"></span>i Euro <span class=\"_ _0\"></span>riferite <span class=\"_ _0\"></span>all\u2019a<span class=\"_ _0\"></span>pertura <span class=\"_ _0\"></span>di un n<span class=\"_ _0\"></span>uovo <span class=\"_ _0\"></span>negozio <span class=\"_ _0\"></span>sito in <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>Venezia <span class=\"_ _0\"></span>a M<span class=\"_ _0\"></span>ilano, che,<span class=\"_ _0\"></span> oltre <span class=\"_ _e\"> </span>ai <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>odotti <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>ommercializza <span class=\"_ _e\"> </span>anche <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>rticoli <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>brand <span class=\"_ _e\"> </span>Hypsi, <span class=\"_ _e\"> </span>effettuata<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lla Capogruppo. <span class=\"_ _0\"></span> La <span class=\"_ _d\"></span>voce <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>vendite <span class=\"_ _d\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>eliminaz<span class=\"_ _0\"></span>ioni\u201d <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>costituita <span class=\"_ _5\"></span>dall\u2019eliminazi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ori <span class=\"_ _d\"></span>lordi <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>elativi ammortament<span class=\"_ _0\"></span>i dei beni che<span class=\"_ _0\"></span> hanno raggiunto<span class=\"_ _0\"></span> il complet<span class=\"_ _0\"></span>amento dell\u2019<span class=\"_ _0\"></span>ammortamento<span class=\"_ _0\"></span>. Nota 18 PARTECIPAZIONI <span class=\"_ _4\"> </span>IN <span class=\"_ _4\"> </span>IMPRESE <span class=\"_ _3e\"> </span>COLLE<span class=\"_ _0\"></span>GATE <span class=\"_ _4\"> </span>CONTABILIZZATE <span class=\"_ _4\"> </span>CON <span class=\"_ _4\"> </span>IL <span class=\"_ _3e\"> </span>M<span class=\"_ _0\"></span>ETODO <span class=\"_ _3e\"> </span>DEL PATRIMONIO NETTO ED ALTRE PART<span class=\"_ _0\"></span>ECIPAZIONI La <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>partec<span class=\"_ _0\"></span>ipazioni <span class=\"_ _5\"> </span>par<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>a <span class=\"_ _e\"> </span>114 <span class=\"_ _d\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"></span>(1<span class=\"_ _0\"></span>14 <span class=\"_ _5\"></span>migliaia <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _5\"></span>nel <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>21) <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>os\u00ec composta: 31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.202<span class=\"_ _0\"></span>2(in migliaia di euro)Partecipa<span class=\"_ _0\"></span>zioni in im<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>e collega<span class=\"_ _0\"></span>te--Partecipa<span class=\"_ _0\"></span>zioni in al<span class=\"_ _0\"></span>tre im<span class=\"_ _0\"></span>prese114114Totale 114114Partecipazioni in imprese collegate Di <span class=\"_ _1\"> </span>seguito <span class=\"_ _1\"> </span>si <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>iporta <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>dettaglio <span class=\"_ _1\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _1\"> </span>partecipazioni <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _1\"> </span>collegate <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>l\u2019analisi <span class=\"_ _1\"> </span>sulle variazioni interv<span class=\"_ _0\"></span>enute nel c<span class=\"_ _0\"></span>orso del 20<span class=\"_ _0\"></span>22. 31.12.202131.12.20<span class=\"_ _0\"></span>22Altri incre<span class=\"_ _0\"></span>menti Quota utili<span class=\"_ _0\"></span> (perdite)% di (decrementi<span class=\"_ _0\"></span>)% di Valori<span class=\"_ _176\"> </span>Valori(in migliaia di Euro)possessopossessoIntesa<span class=\"_ _0\"></span> S.r.l.24,5----24,5----Si <span class=\"_ _3\"></span>segnal<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>inoltre <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>artecipazioni <span class=\"_ _d\"></span>detenu<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>nelle <span class=\"_ _d\"></span>societ\u00e0 <span class=\"_ _d\"></span>collegate <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itte <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>il metodo <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>patrimonio <span class=\"_ _5\"></span>netto. <span class=\"_ _d\"></span>S<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _d\"></span>infine<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _d\"></span>non <span class=\"_ _5\"></span>esistono <span class=\"_ _d\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>otenziali <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he sorgono <span class=\"_ _b\"> </span>a <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ausa <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>responsabilit\u00e0 <span class=\"_ _b\"> </span>so<span class=\"_ _0\"></span>lidale <span class=\"_ _b\"> </span>della <span class=\"_ _b\"> </span>partecipa<span class=\"_ _0\"></span>nte <span class=\"_ _b\"> </span>per <span class=\"_ _a\"> </span>tutt<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>parte <span class=\"_ _b\"> </span>delle passivit\u00e0 de<span class=\"_ _0\"></span>lle collegate sopra indica<span class=\"_ _0\"></span>te.   Una sintesi <span class=\"_ _0\"></span>dell\u2019in<span class=\"_ _0\"></span>formazione <span class=\"_ _0\"></span>finanziaria <span class=\"_ _0\"></span>delle c<span class=\"_ _0\"></span>ollegate <span class=\"_ _0\"></span>\u00e8 r<span class=\"_ _0\"></span>iportata ne<span class=\"_ _0\"></span>lla Nota<span class=\"_ _0\"></span> 43 <span class=\"_ _0\"></span>del b<span class=\"_ _0\"></span>ilancio separato della Ca<span class=\"_ _0\"></span>pogruppo<span class=\"_ _0\"></span>.  Partecipazioni in altre imprese  31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _15e\"> </span>31.<span class=\"_ _0\"></span>12.202<span class=\"_ _0\"></span>2% di Valori<span class=\"_ _8c\"> </span>% di possess<span class=\"_ _0\"></span>o<span class=\"_ _a3\"> </span>Valori(in migliaia di Euro)posse<span class=\"_ _0\"></span>ssoAltre mi<span class=\"_ _0\"></span>nori-114-114114114La <span class=\"_ _1\"> </span>voce <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>riferisce <span class=\"_ _1\"> </span>pr<span class=\"_ _0\"></span>incipalmente <span class=\"_\"> </span>alla <span class=\"_ _1\"> </span>partecipazione <span class=\"_ _1\"> </span>nel<span class=\"_ _0\"></span>la <span class=\"_ _1\"> </span>societ\u00e0 <span class=\"_ _1\"> </span>Interfi<span class=\"_ _0\"></span>dicom <span class=\"_ _1\"> </span>S.Con. S.r.l. detenuta d<span class=\"_ _0\"></span>alla Cap<span class=\"_ _0\"></span>ogruppo per <span class=\"_ _0\"></span>un valore di <span class=\"_ _0\"></span>100 migliaia d<span class=\"_ _0\"></span>i Euro. Nota 19 ATTIVITA\u2019 PER IMPOSTE DIFFERITE  Le <span class=\"_ _5\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>le <span class=\"_ _e\"> </span>passivit\u00e0 <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _e\"> </span>differite <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>ompensate<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _5\"> </span>esiste<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>un <span class=\"_ _5\"></span>diritto legale <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>compensa<span class=\"_ _0\"></span>re <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _e\"> </span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>orrenti <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>quan<span class=\"_ _0\"></span>do <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>impost<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span>fferite <span class=\"_ _e\"> </span>si<span class=\"_ _0\"></span> riferiscono alla <span class=\"_ _0\"></span>medesima g<span class=\"_ _0\"></span>iurisdizione fisc<span class=\"_ _0\"></span>ale. Il <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_\"> </span>imposte <span class=\"_\"> </span>differite <span class=\"_\"> </span>attive <span class=\"_\"> </span>conseguen<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_\"> </span>differenze <span class=\"_\"> </span>tempor<span class=\"_ _0\"></span>ali <span class=\"_\"> </span>che <span class=\"_\"> </span>si riverseranno <span class=\"_ _8\"> </span>negli <span class=\"_ _8\"> </span>eserciz<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fut<span class=\"_ _0\"></span>uri; <span class=\"_ _8\"> </span>tali <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>ttivit\u00e0 <span class=\"_ _8\"> </span>per <span class=\"_ _8\"> </span>imposte <span class=\"_ _8\"> </span>differite <span class=\"_ _8\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>sta<span class=\"_ _0\"></span>te <span class=\"_ _14\"> </span>iscr<span class=\"_ _0\"></span>itte considerando <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>redditi <span class=\"_ _3\"></span>impo<span class=\"_ _0\"></span>nibili <span class=\"_ _3\"></span>futuri <span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>cedenti <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mponibili <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _3\"></span>dall<span class=\"_ _0\"></span>\u2019annullamento <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i differenze tempor<span class=\"_ _0\"></span>anee imponi<span class=\"_ _0\"></span>bili esistenti. <span class=\"_ _0\"></span> Per <span class=\"_ _f\"> </span>quanto <span class=\"_ _f\"> </span>concerne <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>composizione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>della <span class=\"_ _e\"> </span>voc<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>esame <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>sua <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>ovimentaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>si rinvia <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>qu<span class=\"_ _0\"></span>anto <span class=\"_ _a\"> </span>esposto <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>Nota <span class=\"_ _a\"> </span>23 <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>commento <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>voce <span class=\"_\"> </span>\u201c<span class=\"_ _0\"></span>Passivit\u00e0 <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>imposte differite\u201d. Sezione <span class=\"_ _123\"> </span>C2 <span class=\"_ _177\"> </span>- <span class=\"_ _123\"> </span>NOTE <span class=\"_ _123\"> </span>AL <span class=\"_ _123\"> </span>PROSPETTO <span class=\"_ _177\"> </span>DELLA <span class=\"_ _123\"> </span>SITUAZIONE <span class=\"_ _177\"> </span>PATRIMONIALEFINANZIARIA CONSOLID<span class=\"_ _0\"></span>ATA PASSIVA Nota 20 DEBITI VERSO BANCHE E ALTRI FINANZIATORI<span class=\"fs2 fc1\"> </span>31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)CorrenteDebiti vers<span class=\"_ _0\"></span>o banche4.641862Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori447-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease7.7766.69312.86<span class=\"_ _0\"></span>47.555Non correnteDebiti vers<span class=\"_ _0\"></span>o banche16.23<span class=\"_ _0\"></span>917.333Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori206-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease28.66<span class=\"_ _0\"></span>423.69945.10<span class=\"_ _0\"></span>941.032Totale 57.97<span class=\"_ _0\"></span>348.587In <span class=\"_ _3\"></span>data <span class=\"_ _d\"></span>17 <span class=\"_ _d\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _d\"></span>ha <span class=\"_ _3\"></span>sott<span class=\"_ _0\"></span>oscritto <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _178\"> </span>interamente <span class=\"_ _6a\"> </span>er<span class=\"_ _0\"></span>ogato <span class=\"_ _6a\"> </span>s<span class=\"_ _0\"></span>u <span class=\"_ _178\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _6a\"> </span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _178\"> </span>dedicato: <span class=\"_ _6a\"> </span>(<span class=\"_ _0\"></span>i)\u00e8 <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _5\"></span>utilizzat<span class=\"_ _0\"></span>o, <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>importo <span class=\"_ _e\"> </span>pari <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>4.357 <span class=\"_ _5\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro, <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fine <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ri<span class=\"_ _0\"></span>mborsare <span class=\"_ _5\"></span>unaquota <span class=\"_ _5\"></span>parte <span class=\"_ _5\"></span>dell\u2019i<span class=\"_ _0\"></span>ndebitamento <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _d\"></span>Ca<span class=\"_ _0\"></span>pogruppo, <span class=\"_ _5\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data, <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>DeA Capital <span class=\"_ _3\"></span>Alternative <span class=\"_ _3\"></span>Funds <span class=\"_ _3\"></span>SGR <span class=\"_ _3\"></span>S.A. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _3\"></span>(ii) <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>parte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>3.64<span class=\"_ _0\"></span>3 migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>\u00e8 stata <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>lizzata per <span class=\"_ _0\"></span>il pa<span class=\"_ _0\"></span>gamento di <span class=\"_ _0\"></span>salari e <span class=\"_ _0\"></span>stipe<span class=\"_ _0\"></span>ndi <span class=\"_ _0\"></span>nel corso dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _b\"> </span>finanziamento <span class=\"_ _14\"> </span>prevede <span class=\"_ _14\"> </span>il <span class=\"_ _b\"> </span>rimborso <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>tri<span class=\"_ _0\"></span>mestrali, <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omprensive <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _0\"></span>maggiorato de<span class=\"_ _0\"></span>l 3,25%<span class=\"_ _0\"></span> annuo, a<span class=\"_ _0\"></span> quota c<span class=\"_ _0\"></span>apitale c<span class=\"_ _0\"></span>ostante <span class=\"_ _0\"></span>a partire <span class=\"_ _0\"></span>dal 31 <span class=\"_ _0\"></span>dicembre 2022 <span class=\"_ _0\"></span>(inc<span class=\"_ _0\"></span>luso) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sino <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _3\"></span>finale <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>30 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ettembre <span class=\"_ _3\"></span>2027. <span class=\"_ _0\"></span>Si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>segnal<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>le rate <span class=\"_ _3\"></span>scadute <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>arzo <span class=\"_ _3\"></span>2023 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>golarmente <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imborsate per <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>impor<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>rispettivamente <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>1.101 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>comprens<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>201 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di Euro <span class=\"_\"> </span>per <span class=\"_ _a\"> </span>interessi <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>1<span class=\"_ _2\"></span>.236 <span class=\"_ _a\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro, <span class=\"_ _a\"> </span>comprensivo <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>236 <span class=\"_\"> </span>migliai<span class=\"_ _0\"></span>a <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>per interessi.. <span class=\"_ _3\"></span>Al <span class=\"_ _3\"></span>fine <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>garantire <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>proprie <span class=\"_ _3\"></span>obbligazioni <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>sensi <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>finanziame<span class=\"_ _0\"></span>nto, la <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _5\"></span>h<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>conces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>un\u2019ipotec<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>primo <span class=\"_ _5\"></span>grado <span class=\"_ _e\"> </span>su <span class=\"_ _5\"></span>taluni<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>pegno <span class=\"_ _5\"></span>sul saldo <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>taluni <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>nti <span class=\"_ _f\"> </span>correnti.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>Il <span class=\"_ _f\"> </span>finanziamento<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>altres\u00ec <span class=\"_ _f\"> </span>assistit<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>garanzi<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>emessa <span class=\"_ _f\"> </span>da SACE <span class=\"_ _3\"></span>S.<span class=\"_ _0\"></span>p.A. <span class=\"_ _d\"></span>ai <span class=\"_ _3\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>Decreto-legge <span class=\"_ _d\"></span>8 <span class=\"_ _d\"></span>aprile <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>020 <span class=\"_ _d\"></span>n. <span class=\"_ _3\"></span>23 <span class=\"_ _d\"></span>(conver<span class=\"_ _0\"></span>tito, <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>modific<span class=\"_ _0\"></span>azioni, dalla <span class=\"_ _0\"></span>Legg<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>5 <span class=\"_ _0\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.U.<span class=\"_ _0\"></span>I. <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>20/1990/2I; <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Capogr<span class=\"_ _0\"></span>uppo ha <span class=\"_ _0\"></span>versato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>circa <span class=\"_ _3\"></span>132 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>titolo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>spese <span class=\"_ _3\"></span>dovute <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>SACE <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>o dal contratto.<span class=\"_ _0\"></span> Il <span class=\"_ _b\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _b\"> </span>stato <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span>scritto <span class=\"_ _b\"> </span>al <span class=\"_ _14\"> </span>costo <span class=\"_ _b\"> </span>ammortiz<span class=\"_ _0\"></span>zato, <span class=\"_ _b\"> </span>come <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evisto <span class=\"_ _b\"> </span>da<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>principi <span class=\"_ _b\"> </span>di riferimento, <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>include <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>effetto <span class=\"_ _f\"> </span>derivante <span class=\"_ _f\"> </span>dalla <span class=\"_ _f\"> </span>component<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201ctrans<span class=\"_ _0\"></span>action <span class=\"_ _f\"> </span>cost\u201d <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>un valore residuo al 31<span class=\"_ _0\"></span> dicembr<span class=\"_ _0\"></span>e 2022 di 252 mi<span class=\"_ _0\"></span>gliaia di Euro.<span class=\"_ _0\"></span> Debiti verso banc<span class=\"_ _0\"></span>he Nei <span class=\"_ _f\"> </span>debiti <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>so <span class=\"_ _f\"> </span>banc<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onfluiti <span class=\"_ _1\"> </span>gli <span class=\"_ _f\"> </span>importi <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>rivanti <span class=\"_ _f\"> </span>dal <span class=\"_ _f\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _1\"> </span>che, <span class=\"_ _f\"> </span>come sopra <span class=\"_ _f\"> </span>desc<span class=\"_ _0\"></span>ritto, <span class=\"_ _f\"> </span>prevede <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>rimborso <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>somme <span class=\"_ _1\"> </span>erogate <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>tasso <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>inter<span class=\"_ _0\"></span>esse <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>i all\u2019Euribor magg<span class=\"_ _0\"></span>iorato del 3<span class=\"_ _0\"></span>,25% ann<span class=\"_ _0\"></span>uo. Inoltre, <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>debiti <span class=\"_ _b\"> </span>vers<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ba<span class=\"_ _0\"></span>nche <span class=\"_ _b\"> </span>includono <span class=\"_ _b\"> </span>un <span class=\"_ _b\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _b\"> </span>COVID-<span class=\"_ _0\"></span>19 <span class=\"_ _b\"> </span>della <span class=\"_ _b\"> </span>controllat<span class=\"_ _0\"></span>a Bassetti <span class=\"_\"> </span>Schweiz <span class=\"_ _1\"> </span>ott<span class=\"_ _0\"></span>enuto <span class=\"_\"> </span>da <span class=\"_ _1\"> </span>Cred<span class=\"_ _0\"></span>it <span class=\"_ _1\"> </span>Suiss<span class=\"_ _0\"></span>e. <span class=\"_ _1\"> </span>I<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>fina<span class=\"_ _0\"></span>nziamento, <span class=\"_\"> </span>che <span class=\"_ _1\"> </span>ha <span class=\"_\"> </span>durata <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>8 <span class=\"_\"> </span>anni scadenti <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>30 <span class=\"_\"> </span>settembre <span class=\"_\"> </span>2027, <span class=\"_\"> </span>p<span class=\"_ _2\"></span>revede <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>42 <span class=\"_ _1\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>CHF<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_\"> </span>rate semestrali <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>partire <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>marzo <span class=\"_ _3\"></span>2022; <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>cembre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>finanzia<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>416 migliaia di CHF<span class=\"_ _0\"></span> (422 migliai<span class=\"_ _0\"></span>a di E<span class=\"_ _0\"></span>uro). I debit<span class=\"_ _0\"></span>i verso ba<span class=\"_ _0\"></span>nche compren<span class=\"_ _0\"></span>dono un finanz<span class=\"_ _0\"></span>iamento garantito <span class=\"_ _b\"> </span>dallo <span class=\"_ _b\"> </span>St<span class=\"_ _0\"></span>ato <span class=\"_ _b\"> </span>(PG<span class=\"_ _0\"></span>E), <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>4.<span class=\"_ _0\"></span>000 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>Euro, <span class=\"_ _b\"> </span>otten<span class=\"_ _0\"></span>uto <span class=\"_ _b\"> </span>dalla <span class=\"_ _14\"> </span>controllata Descamps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>da<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>banque <span class=\"_\"> </span>CIC <span class=\"_ _a\"> </span>Nord <span class=\"_ _a\"> </span>Ouest <span class=\"_\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_\"> </span>2<span class=\"_ _0\"></span>3 <span class=\"_ _a\"> </span>marzo <span class=\"_\"> </span>2020 <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>far <span class=\"_\"> </span>fronte all\u2019emergenza <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>OVID-19. <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>estito <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>prevedev<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inizialment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>rimborso<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dopo <span class=\"_ _3\"></span>un anno <span class=\"_ _3\"></span>a tasso 0% <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stato <span class=\"_ _0\"></span>riscadenz<span class=\"_ _0\"></span>iato s<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>un per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>di 5 <span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>con u<span class=\"_ _0\"></span>ltima sca<span class=\"_ _0\"></span>denza <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>luglio 2<span class=\"_ _0\"></span>026, possibilit\u00e0 <span class=\"_ _3\"></span>prevista <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tratto. <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>segna<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>lo <span class=\"_ _3\"></span>riscadenziamento <span class=\"_ _3\"></span>prevede <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>pagamento di interessi, <span class=\"_ _0\"></span>ad un <span class=\"_ _0\"></span>tasso i<span class=\"_ _0\"></span>niziale del<span class=\"_ _0\"></span>lo 0,70% <span class=\"_ _0\"></span>annuo, <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>un totale di <span class=\"_ _0\"></span>circa <span class=\"_ _0\"></span>85 mig<span class=\"_ _0\"></span>liaia di E<span class=\"_ _0\"></span>uro e <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>comm<span class=\"_ _0\"></span>issioni <span class=\"_ _e\"> </span>legate<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>garanzia <span class=\"_ _f\"> </span>PGE <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>var<span class=\"_ _0\"></span>iano <span class=\"_ _e\"> </span>dallo <span class=\"_ _e\"> </span>0,<span class=\"_ _0\"></span>5 <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>primo <span class=\"_ _e\"> </span>an<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>fino all\u20191% <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>into <span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>totale <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i circ<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>84 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro. <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022, <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>rimbors<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>412 <span class=\"_ _f\"> </span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>pari <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>3.588<span class=\"_ _0\"></span> migliaia di E<span class=\"_ _0\"></span>uro di cui 992 <span class=\"_ _0\"></span>migliaia di E<span class=\"_ _0\"></span>uro scadenti en<span class=\"_ _0\"></span>tro 1 anno. La movimentaz<span class=\"_ _0\"></span>ione nell\u2019eser<span class=\"_ _0\"></span>cizio dei deb<span class=\"_ _0\"></span>iti \u00e8 stata la <span class=\"_ _0\"></span>seguente: (in migliaia di E<span class=\"_ _0\"></span>uro)Debiti c<span class=\"_ _0\"></span>orrenti <span class=\"_ _26\"> </span>Debiti<span class=\"_ _0\"></span> non cor<span class=\"_ _0\"></span>renti Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.202186217.333Rimborso<span class=\"_ _0\"></span> finanziame<span class=\"_ _0\"></span>nto(984)(412)Apporto nu<span class=\"_ _0\"></span>ova control<span class=\"_ _0\"></span>lata9903.010Giroconto <span class=\"_ _0\"></span>da lungo <span class=\"_ _0\"></span>a bre<span class=\"_ _0\"></span>ve termine3.713(3.713)Variazione <span class=\"_ _0\"></span>linee di c<span class=\"_ _0\"></span>redit<span class=\"_ _0\"></span>o c/c1Costo am<span class=\"_ _0\"></span>mortizzato on<span class=\"_ _0\"></span>eri finanzia<span class=\"_ _0\"></span>mentoAttualizzazione<span class=\"_ _0\"></span> costo a<span class=\"_ _0\"></span>mmortizzato(2)Ammortam<span class=\"_ _0\"></span>ento cos<span class=\"_ _0\"></span>to am<span class=\"_ _0\"></span>mortizzato60Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one121Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _179\"> </span>4.641<span class=\"_ _17a\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>  <span class=\"_ _8b\"> </span>16.2<span class=\"_ _0\"></span>39<span class=\"_ _17b\"></span>      <span class=\"_ _0\"></span>             Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i I <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziatori <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _3\"></span>16<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>liquidit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>incass<span class=\"_ _0\"></span>ate <span class=\"_ _3\"></span>dalla Capogruppo <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>client<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>uti <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>factor <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>clausol<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro <span class=\"_ _3\"></span>soluto, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>mantenuto il <span class=\"_ _e\"> </span>servizio <span class=\"_ _e\"> </span>d\u2019incasso; <span class=\"_ _e\"> </span>tali <span class=\"_ _e\"> </span>provv<span class=\"_ _0\"></span>iste <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _e\"> </span>girate <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>factor <span class=\"_ _e\"> </span>nei <span class=\"_ _e\"> </span>primi <span class=\"_ _e\"> </span>giorni <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>mese <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> gennaio <span class=\"_ _d\"></span>2023. <span class=\"_ _3\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>voce <span class=\"_ _d\"></span>include <span class=\"_ _d\"></span>inoltre, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanzi<span class=\"_ _0\"></span>amento, <span class=\"_ _d\"></span>pari <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>491 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _d\"></span>della controllata <span class=\"_ _a\"> </span>Desca<span class=\"_ _0\"></span>mps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>Cofac<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>S.A. <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>lo <span class=\"_ _a\"> </span>sviluppo <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>commer<span class=\"_ _0\"></span>cio internazionale.<span class=\"_ _0\"></span> Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i per beni in L<span class=\"_ _0\"></span>ease I <span class=\"_ _0\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iatori <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>beni <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>lease <span class=\"_ _3\"></span>derivano <span class=\"_ _3\"></span>dai <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _3\"></span>di af<span class=\"_ _0\"></span>fitto <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>im<span class=\"_ _2\"></span>mob<span class=\"_ _0\"></span>ili ove <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>ubicat<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>ve<span class=\"_ _0\"></span>ndita <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>Grup<span class=\"_ _0\"></span>po, <span class=\"_ _d\"></span>dal <span class=\"_ _d\"></span>noleggi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>lungo <span class=\"_ _5\"></span>termine <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>aut<span class=\"_ _0\"></span>ovetture <span class=\"_ _d\"></span>e dal <span class=\"_ _11\"> </span>contratto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _11\"> </span>finanziar<span class=\"_ _0\"></span>io <span class=\"_ _11\"> </span>acceso <span class=\"_ _11\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _11\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _11\"> </span>per <span class=\"_ _13\"> </span>l\u2019acquisto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>un macchinario. Essi corrispon<span class=\"_ _0\"></span>dono al valor<span class=\"_ _0\"></span>e attuale dei <span class=\"_ _0\"></span>pagamenti fut<span class=\"_ _0\"></span>uri dei ca<span class=\"_ _0\"></span>noni di locazione.<span class=\"_ _0\"></span> Nella tabella sottos<span class=\"_ _0\"></span>tante v<span class=\"_ _0\"></span>iene illustrata la <span class=\"_ _0\"></span>posizione fin<span class=\"_ _0\"></span>anziaria n<span class=\"_ _0\"></span>etta del Grup<span class=\"_ _0\"></span>po. (in migliaia di E<span class=\"_ _0\"></span>uro)31.12.<span class=\"_ _0\"></span>202231.12.20<span class=\"_ _0\"></span>21ADisponib<span class=\"_ _0\"></span>ilit\u00e0 li<span class=\"_ _0\"></span>quide 16.17725.311BMezzi equivalenti a<span class=\"_ _0\"></span> disponibi<span class=\"_ _0\"></span>lit\u00e0 l<span class=\"_ _0\"></span>iquide--CAltre atti<span class=\"_ _0\"></span>vit\u00e0 finanziar<span class=\"_ _0\"></span>ie co<span class=\"_ _0\"></span>rrenti--di cui co<span class=\"_ _0\"></span>n parti correlateD= (A+B+C)Liquidit\u00e0<span class=\"_ _0\"></span> 16.17725.311EDebito fina<span class=\"_ _0\"></span>nziario corre<span class=\"_ _0\"></span>nte8.2446.713FParte corrent<span class=\"_ _0\"></span>e del debito <span class=\"_ _0\"></span>finanz. non <span class=\"_ _0\"></span>corrente4.620842Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente12.8647.555G= (E+F)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente<span class=\"_ _0\"></span> netto(3.313)(17.756)H= (G-D)IDebito fi<span class=\"_ _0\"></span>nanziario no<span class=\"_ _0\"></span>n corre<span class=\"_ _0\"></span>nte45.10941.032JStrument<span class=\"_ _0\"></span>i di debit<span class=\"_ _0\"></span>o--KDebiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali e <span class=\"_ _0\"></span>altri deb<span class=\"_ _0\"></span>iti non  c<span class=\"_ _0\"></span>orrenti4.050722L=(I+J+K)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario non <span class=\"_ _0\"></span>corrente 49.15941.754M=(H+L)Totale <span class=\"_ _0\"></span>indebitame<span class=\"_ _0\"></span>nto finanzia<span class=\"_ _0\"></span>rio 45.84623.998Al <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>garantire <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazioni <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>sensi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>stipu<span class=\"_ _0\"></span>lato con <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span>limity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncess<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pegno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo<span class=\"fs0 fc6\"> <span class=\"_ _3\"></span></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente \u201cdedicato\u201d <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>pagamenti\u201d <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>tituiti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>forza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>13 <span class=\"_ _d\"></span>ottob<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>0 <span class=\"_ _3\"></span>e che <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>entavano <span class=\"_ _0\"></span>rispett<span class=\"_ _0\"></span>ivamente <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> saldo <span class=\"_ _3\"></span>di 11<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>28 migliaia di E<span class=\"_ _0\"></span>uro. Si <span class=\"_ _3\"></span>segnala <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>liqui<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>vincolati <span class=\"_ _3\"></span>della Capogruppo <span class=\"_\"> </span>per <span class=\"_\"> </span>un <span class=\"_ _1\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>20 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>depos<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>cauzionali <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span> garanzia di fidejus<span class=\"_ _0\"></span>soni per c<span class=\"_ _0\"></span>ontratti d\u2019affitto <span class=\"_ _0\"></span>della contr<span class=\"_ _0\"></span>ollata Bassett<span class=\"_ _0\"></span>i Deutschland<span class=\"_ _0\"></span>. Il <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>corrente <span class=\"_ _e\"> </span>include <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>quota <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>breve <span class=\"_ _e\"> </span>termine <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lla Capogruppo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>3.544 <span class=\"_ _3\"></span>migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>orrente <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>COVID<span class=\"_ _0\"></span>-19 de<span class=\"_ _0\"></span>lla controllata <span class=\"_\"> </span>Bassetti <span class=\"_\"> </span>Schweiz<span class=\"_ _0\"></span> <span class=\"_\"> </span>pari <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_\"> </span>83 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>C<span class=\"_ _0\"></span>HF <span class=\"_\"> </span>(84 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>E<span class=\"_ _2\"></span>uro), <span class=\"_\"> </span>la <span class=\"_\"> </span>quota scadente e<span class=\"_ _0\"></span>ntro l\u2019anno<span class=\"_ _0\"></span> dei finanz<span class=\"_ _0\"></span>iamenti del<span class=\"_ _0\"></span>la Descam<span class=\"_ _0\"></span>ps S.A.S.<span class=\"_ _0\"></span> pari <span class=\"_ _0\"></span>a 1.277 mi<span class=\"_ _0\"></span>gliaia d<span class=\"_ _0\"></span>i Euro e quella relat<span class=\"_ _0\"></span>iva ai debiti ve<span class=\"_ _0\"></span>rso altri finanzi<span class=\"_ _0\"></span>atori per Lea<span class=\"_ _0\"></span>se pari a 7.776<span class=\"_ _0\"></span> migliaia di Eur<span class=\"_ _0\"></span>o.  Il <span class=\"_ _14\"> </span>debito <span class=\"_ _14\"> </span>finanziari<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>orrente <span class=\"_ _b\"> </span>com<span class=\"_ _0\"></span>prende <span class=\"_ _14\"> </span>la <span class=\"_ _8\"> </span>quota <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>corre<span class=\"_ _0\"></span>nte <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontratt<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>di finanziamento <span class=\"_ _5\"> </span>della <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>Illim<span class=\"_ _0\"></span>ity <span class=\"_ _5\"></span>Bank <span class=\"_ _5\"></span>S.p.A.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>13.305<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>la quota <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>medio-lungo <span class=\"_ _9\"> </span>t<span class=\"_ _0\"></span>ermine <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>C<span class=\"_ _0\"></span>OVID-19 <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>ntrollata <span class=\"_ _8\"> </span>Bass<span class=\"_ _0\"></span>etti Schweiz <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>33 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>CHF <span class=\"_ _3\"></span>(338 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>scadente <span class=\"_ _3\"></span>oltre <span class=\"_ _3\"></span>l\u2019anno<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i finanziamenti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Descamps <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>ari <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>2.802 <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _e\"> </span>\u00c8 <span class=\"_ _e\"> </span>compres<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>inoltre, <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>quota <span class=\"_ _e\"> </span>non corrente dei <span class=\"_ _0\"></span>debiti verso alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> per Lease <span class=\"_ _0\"></span>pari a 28.664 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro.  I <span class=\"_ _d\"></span>debit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ommercia<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>altri <span class=\"_ _5\"></span>debiti <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>correnti <span class=\"_ _5\"></span>inclu<span class=\"_ _0\"></span>dono <span class=\"_ _5\"></span>i <span class=\"_ _d\"></span>versa<span class=\"_ _0\"></span>menti <span class=\"_ _5\"></span>Irpef <span class=\"_ _5\"></span>(423 <span class=\"_ _5\"> </span>migliaia <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> Euro), <span class=\"_ _d\"></span>dovuti <span class=\"_ _5\"></span>nell\u2019ann<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _d\"></span>esistenti <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>deposito <span class=\"_ _5\"> </span>della <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>omand<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>mmissione ex <span class=\"_ _f\"> </span>art.161, <span class=\"_ _f\"> </span>sesto <span class=\"_ _f\"> </span>com<span class=\"_ _0\"></span>ma, <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>L.F. <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>rateizzati <span class=\"_ _f\"> </span>fino<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>settembre <span class=\"_ _f\"> </span>2026. <span class=\"_ _1\"> </span>Sono <span class=\"_ _f\"> </span>compresi inoltre, <span class=\"_ _e\"> </span>3.<span class=\"_ _0\"></span>627 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>riferiti <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _e\"> </span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>debiti fiscali e contr<span class=\"_ _0\"></span>ibutivi. In <span class=\"_ _0\"></span>merito <span class=\"_ _3\"></span>all\u2019andamento <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>posizione <span class=\"_ _3\"></span>finanziaria <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>si <span class=\"_ _0\"></span>rinvia <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>quant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dett<span class=\"_ _0\"></span>agliatamente<span class=\"_ _0\"></span> descritto nella re<span class=\"_ _0\"></span>lazione sul<span class=\"_ _0\"></span>la gestione. Nota 21 DEBITI COMMERCIALI E ALTRI DEBITI Debiti verso fornitori I <span class=\"_ _f\"> </span>debiti <span class=\"_ _f\"> </span>comm<span class=\"_ _0\"></span>erciali <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>gli <span class=\"_ _1\"> </span>altri <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ebiti <span class=\"_ _f\"> </span>ammo<span class=\"_ _0\"></span>ntano <span class=\"_ _f\"> </span>comples<span class=\"_ _0\"></span>sivamente <span class=\"_ _f\"> </span>a <span class=\"_ _1\"> </span>40.538 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i Euro (27.113 m<span class=\"_ _0\"></span>igliaia di E<span class=\"_ _0\"></span>uro al 31 dicem<span class=\"_ _0\"></span>bre 2021) e s<span class=\"_ _0\"></span>ono cos\u00ec co<span class=\"_ _0\"></span>mposti: 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Corrente24.53620.038Non corrent<span class=\"_ _0\"></span>e686Totale A25.22220.038I debiti verso forn<span class=\"_ _0\"></span>itori relativ<span class=\"_ _0\"></span>i al gruppo Des<span class=\"_ _0\"></span>camps sono<span class=\"_ _0\"></span> pari a 2.758 <span class=\"_ _0\"></span>migliaia di <span class=\"_ _0\"></span>Euro. Analizzando<span class=\"_ _0\"></span> <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>suddiv<span class=\"_ _0\"></span>isione <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>ar<span class=\"_ _0\"></span>ea <span class=\"_\"> </span>geografica <span class=\"_\"> </span>dei <span class=\"_\"> </span>debiti <span class=\"_\"> </span>commerciali, <span class=\"_\"> </span>si <span class=\"_\"> </span>e<span class=\"_ _2\"></span>videnziano debiti ver<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i ap<span class=\"_ _0\"></span>partenenti <span class=\"_ _0\"></span>all\u2019area <span class=\"_ _0\"></span>europea <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>esclusa <span class=\"_ _0\"></span>Ita<span class=\"_ _0\"></span>lia) p<span class=\"_ _0\"></span>er 6.0<span class=\"_ _0\"></span>43 m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro di <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>2.<span class=\"_ _0\"></span>536 <span class=\"_ _f\"> </span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _f\"> </span>relativ<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>4.899 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>31 dicembre <span class=\"_ _e\"> </span>2021) <span class=\"_ _e\"> </span>e <span class=\"_ _5\"></span>verso <span class=\"_ _e\"> </span>fornitori <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>ppartene<span class=\"_ _0\"></span>nti <span class=\"_ _5\"> </span>a <span class=\"_ _e\"> </span>Paesi <span class=\"_ _e\"> </span>extra <span class=\"_ _e\"> </span>Europa <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>3.121 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di Euro <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>cui <span class=\"_ _e\"> </span>208 <span class=\"_ _5\"></span>miglia<span class=\"_ _0\"></span>ia <span class=\"_ _5\"> </span>d <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>riferiti <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _5\"> </span>grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>2.342 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>31 dicembre 2021). T<span class=\"_ _0\"></span>utti gli altr<span class=\"_ _0\"></span>i debiti sono r<span class=\"_ _0\"></span>elativi a cred<span class=\"_ _0\"></span>itori italiani. Alla <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _d\"></span>odierna <span class=\"_ _d\"></span>non <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>azioni <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>corso <span class=\"_ _d\"></span>(decr<span class=\"_ _0\"></span>eti <span class=\"_ _3\"></span>ingiuntiv<span class=\"_ _0\"></span>i, <span class=\"_ _3\"></span>etc<span class=\"_ _0\"></span>.) <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>parte <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>creditori del <span class=\"_ _f\"> </span>Gruppo. <span class=\"_ _1\"> </span>Si <span class=\"_ _f\"> </span>evidenzia <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>nfine <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _f\"> </span>vi <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>ticolari <span class=\"_ _1\"> </span>concentrazioni <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>volumi <span class=\"_ _f\"> </span>di acquisti <span class=\"_ _d\"></span>verso <span class=\"_ _5\"></span>uno <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>poc<span class=\"_ _0\"></span>hi <span class=\"_ _d\"></span>fornitor<span class=\"_ _0\"></span>i. <span class=\"_ _d\"></span>Per <span class=\"_ _d\"></span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _d\"></span>riguarda <span class=\"_ _d\"></span>l\u2019es<span class=\"_ _0\"></span>posizione <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>rischio <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ambio verso fornitori s<span class=\"_ _0\"></span>i rinvia alla <span class=\"_ _0\"></span>nota 6.2.3. <span class=\"_ _0\"></span> I debiti verso forn<span class=\"_ _0\"></span>itori non s<span class=\"_ _0\"></span>ono soggett<span class=\"_ _0\"></span>i ad interes<span class=\"_ _0\"></span>si. Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>bilancio <span class=\"_ _0\"></span>l\u2019es<span class=\"_ _0\"></span>posizione <span class=\"_ _3\"></span>debitoria <span class=\"_ _0\"></span>scaduta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>nei <span class=\"_ _0\"></span>confronti dei fornitori \u00e8 c<span class=\"_ _0\"></span>os\u00ec rappres<span class=\"_ _0\"></span>entata:<span class=\"_ _0\"></span> \uf0a7<span class=\"ff2 sc0\"> <span class=\"_ _64\"> </span><span class=\"ff3\"> 4.110 migliaia di E<span class=\"_ _0\"></span>uro scaduti da 1-30 <span class=\"_ _0\"></span>giorni   (3.3<span class=\"_ _0\"></span>38 migliaia a<span class=\"_ _0\"></span>l 31 dicembre 20<span class=\"_ _0\"></span>21);  </span></span>\uf0a7<span class=\"ff2 sc0\"> <span class=\"_ _64\"> </span><span class=\"ff3\"> 2.259 migliaia di E<span class=\"_ _0\"></span>uro scaduti da 31-6<span class=\"_ _0\"></span>0 giorni (1.3<span class=\"_ _0\"></span>78 migliaia al 31<span class=\"_ _0\"></span> dicembre 20<span class=\"_ _0\"></span>21); </span></span>\uf0a7<span class=\"ff2 sc0\"> <span class=\"_ _64\"> </span><span class=\"ff3\"> 6.383 migliaia di E<span class=\"_ _0\"></span>uro scaduti oltre 60<span class=\"_ _0\"></span> giorni   (2.<span class=\"_ _0\"></span>538 migliaia a<span class=\"_ _0\"></span>l 31 dicembre 20<span class=\"_ _0\"></span>21).  <span class=\"_ _0\"></span> </span></span>Debiti verso imprese collegate Alla <span class=\"_ _a\"> </span>data <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>31 <span class=\"_ _a\"> </span>dic<span class=\"_ _0\"></span>embre <span class=\"_ _a\"> </span>2022 <span class=\"_ _a\"> </span>si <span class=\"_ _a\"> </span>riferiscono <span class=\"_ _a\"> </span>interamente <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>debiti <span class=\"_ _a\"> </span>verso <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>societ\u00e0 collegata Intes<span class=\"_ _0\"></span>a S.r.l., cos<span class=\"_ _0\"></span>\u00ec come al 3<span class=\"_ _0\"></span>1 dicembre 20<span class=\"_ _0\"></span>21. 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Corrente8444Non corrent<span class=\"_ _0\"></span>e--Totale B8444Debiti verso altri 31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.2022(in migliaia di euro)CorrenteSalari e s<span class=\"_ _0\"></span>tipendi<span class=\"_ _0\"></span> da pa<span class=\"_ _0\"></span>gare di co<span class=\"_ _0\"></span>mpetenza dicembre<span class=\"_ _0\"></span>, ferie<span class=\"_ _0\"></span>, e premi<span class=\"_ _0\"></span> maturati3.697<span class=\"_ _17a\"></span>        <span class=\"_ _0\"></span>              <span class=\"_ _dd\"> </span>2.431<span class=\"_ _17b\"></span>   <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>       Debiti e a<span class=\"_ _0\"></span>ntici<span class=\"_ _0\"></span>pi da cli<span class=\"_ _0\"></span>enti1.055172Debiti vers<span class=\"_ _0\"></span>o istituti<span class=\"_ _0\"></span> previdenzia<span class=\"_ _0\"></span>li3.3211.044IVA268705Irpef per d<span class=\"_ _0\"></span>ipendent<span class=\"_ _0\"></span>i634616Altri debi<span class=\"_ _0\"></span>ti2.8931.341Totale ( B)11.86<span class=\"_ _0\"></span>86.309Non correnteDebiti vers<span class=\"_ _0\"></span>o istituti<span class=\"_ _0\"></span> previdenzia<span class=\"_ _0\"></span>li907-Altri debi<span class=\"_ _0\"></span>ti2.457722Totale (C)3.364722Totale (B+C)15.23<span class=\"_ _0\"></span>27.031L\u2019incremento <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>biti <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>salari <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>stipendi,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _0\"></span>clienti <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>biti <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evidenziali \u00e8 <span class=\"_ _f\"> </span>da <span class=\"_ _1\"> </span>rico<span class=\"_ _0\"></span>ndurre <span class=\"_ _1\"> </span>alla <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>uova <span class=\"_ _1\"> </span>controllata<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _1\"> </span>che <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>entrata <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>f<span class=\"_ _0\"></span>ar <span class=\"_ _1\"> </span>parte <span class=\"_ _1\"> </span>dell\u2019area <span class=\"_ _1\"> </span>di consolidament<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>partire <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>luglio <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>(salari e<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>ipendi <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>869 <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro, d<span class=\"_ _0\"></span>ebiti verso clienti per<span class=\"_ _0\"></span> 843 migliaia di<span class=\"_ _0\"></span> Euro e deb<span class=\"_ _0\"></span>iti previdenz<span class=\"_ _0\"></span>iali per 2.371 <span class=\"_ _0\"></span>migliaia di Eu<span class=\"_ _0\"></span>ro). Con <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>imento <span class=\"_\"> </span>ai <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ebiti <span class=\"_ _1\"> </span>tr<span class=\"_ _0\"></span>ibutari <span class=\"_\"> </span>non <span class=\"_ _1\"> </span>correnti, <span class=\"_\"> </span>la <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>inoltrato <span class=\"_\"> </span>domande <span class=\"_\"> </span>di rateazione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>debiti <span class=\"_ _0\"></span>IR<span class=\"_ _0\"></span>PEF <span class=\"_ _0\"></span>esist<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>deposito <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>domanda <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>ammissione <span class=\"_ _3\"></span>ex art. <span class=\"_ _b\"> </span>161, <span class=\"_ _b\"> </span>sesto <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omma, <span class=\"_ _14\"> </span>della <span class=\"_ _b\"> </span>L.F..<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>Per <span class=\"_ _b\"> </span>tali <span class=\"_ _b\"> </span>de<span class=\"_ _0\"></span>biti <span class=\"_ _b\"> </span>sono <span class=\"_ _b\"> </span>gi\u00e0 <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>tati <span class=\"_ _b\"> </span>definiti <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>piani <span class=\"_ _b\"> </span>di ammortamento <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>pagamenti <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ltima <span class=\"_ _3\"></span>scadenza <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ettembre <span class=\"_ _3\"></span>2026 (423 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di<span class=\"_ _0\"></span> <span class=\"_\"> </span>Euro). <span class=\"_\"> </span>Sono <span class=\"_\"> </span>co<span class=\"_ _0\"></span>mpresi <span class=\"_\"> </span>inoltre<span class=\"_ _0\"></span>, <span class=\"_\"> </span>3.627 <span class=\"_\"> </span>migliaia <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>i <span class=\"_\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>al <span class=\"_\"> </span>grupp<span class=\"_ _0\"></span>o Descamps princ<span class=\"_ _0\"></span>ipalmente r<span class=\"_ _0\"></span>elativi a debit<span class=\"_ _0\"></span>i fiscali e contr<span class=\"_ _0\"></span>ibutivi. Gli <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ebiti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _3\"></span>compe<span class=\"_ _0\"></span>nsi <span class=\"_ _3\"></span>ad <span class=\"_ _3\"></span>amministratori <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1.003 <span class=\"_ _3\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro e sindaci per 52<span class=\"_ _0\"></span> migliaia di <span class=\"_ _0\"></span>Euro. Sono <span class=\"_ _3\"></span>compresi <span class=\"_ _d\"></span>inoltre, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>biti <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>riferisc<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>impeg<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>assunti <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogrupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>nei confronti <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019Amministrazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>Comunale <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>Casorezz<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>relativamente <span class=\"_ _f\"> </span>all\u2019esecuzione <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>elle opere d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>urbanizzazione <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>imaria <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>realizzarsi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>piano <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>grato d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>intervento interessante <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>recup<span class=\"_ _0\"></span>ero <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019area <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>dustriale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ismessa. <span class=\"_ _d\"></span>Alla <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>31 <span class=\"_ _3\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _3\"></span>tali impegni <span class=\"_ _a\"> </span>ammontano <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _a\"> </span>importo <span class=\"_ _a\"> </span>preventivato <span class=\"_ _a\"> </span>pari <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>293 <span class=\"_ _a\"> </span>migliaia <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Euro <span class=\"_ _a\"> </span>garantiti mediante <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>olizza <span class=\"_\"> </span>fid<span class=\"_ _0\"></span>eiussoria <span class=\"_\"> </span>di<span class=\"_ _0\"></span> <span class=\"_\"> </span>1.059 <span class=\"_\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro, <span class=\"_\"> </span>nel <span class=\"_\"> </span>rispetto <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_\"> </span>convenzi<span class=\"_ _0\"></span>one sottoscritta con<span class=\"_ _0\"></span> l\u2019Amministr<span class=\"_ _0\"></span>azione Comunal<span class=\"_ _0\"></span>e di Casor<span class=\"_ _0\"></span>ezzo in data 21 mar<span class=\"_ _0\"></span>zo 201<span class=\"_ _0\"></span>1. Totale debiti commerciali e altri debiti 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Totale  (A+B+<span class=\"_ _0\"></span>C)40.53<span class=\"_ _0\"></span>827.113Nota 22 CREDITI/DEBITI PER IMPOSTE CORRENTI 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)IRES  a cred<span class=\"_ _0\"></span>ito113IRAP a cred<span class=\"_ _0\"></span>ito1(266)IRES a debi<span class=\"_ _0\"></span>to(15)-IRAP a debi<span class=\"_ _0\"></span>to(80)(58)Erario per i<span class=\"_ _0\"></span>mposte c<span class=\"_ _0\"></span>orrenti a<span class=\"_ _0\"></span> cred<span class=\"_ _0\"></span>ito (debito<span class=\"_ _0\"></span>)(694)(1.589)(787)(1.900)Si segnala che n<span class=\"_ _0\"></span>on vi sono pos<span class=\"_ _0\"></span>izioni debitor<span class=\"_ _0\"></span>ie scadute di n<span class=\"_ _0\"></span>atura tributari<span class=\"_ _0\"></span>a. Nota 23 PASSIVITA\u2019 PER IMPOSTE DIFFERITE<span class=\"fs2 fc5\"> </span>Si <span class=\"_ _3\"></span>ripor<span class=\"_ _0\"></span>tano <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>passivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _d\"></span>differ<span class=\"_ _0\"></span>ite <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>loro <span class=\"_ _d\"></span>movimentaz<span class=\"_ _0\"></span>ione nel corso de<span class=\"_ _0\"></span>ll\u2019esercizio. Attivit\u00e0<span class=\"_ _a0\"> </span>Passivit\u00e0<span class=\"_ _d4\"> </span>Im<span class=\"_ _0\"></span>porto netto(in migliaia di euro)2022<span class=\"_ _1b\"> </span>20<span class=\"_ _0\"></span>21<span class=\"_ _94\"> </span>2022<span class=\"_ _cc\"> </span>2021<span class=\"_ _2b\"> </span>2<span class=\"_ _0\"></span>022<span class=\"_ _1b\"> </span>202<span class=\"_ _0\"></span>0Immobil<span class=\"_ _0\"></span>i, impia<span class=\"_ _0\"></span>nti e mac<span class=\"_ _0\"></span>chinari<span class=\"_ _17c\"> </span>258<span class=\"_ _4a\"> </span>212<span class=\"_ _cc\"> </span>(5.<span class=\"_ _0\"></span>686)<span class=\"_ _e7\"> </span>(6.408)<span class=\"_ _26\"> </span>(5.428)<span class=\"_ _e7\"> </span>(6.1<span class=\"_ _0\"></span>96)Attivit\u00e0 im<span class=\"_ _0\"></span>materiali<span class=\"_ _17d\"> </span>19<span class=\"_ _ee\"> </span>25<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _18\"> </span>19<span class=\"_ _50\"> </span>25Altre atti<span class=\"_ _0\"></span>vit\u00e0 finanziarie<span class=\"_ _118\"> </span>36<span class=\"_ _ee\"> </span>3<span class=\"_ _0\"></span>6<span class=\"_ _40\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _10a\"> </span>36<span class=\"_ _ee\"> </span>36Crediti co<span class=\"_ _0\"></span>mmercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti<span class=\"_ _c0\"> </span>1.058<span class=\"_ _6d\"> </span>1.100<span class=\"_ _d2\"> </span>-<span class=\"_ _1f\"> </span>-<span class=\"_ _4a\"> </span>1.058<span class=\"_ _6d\"> </span>1.100Rimanen<span class=\"_ _0\"></span>ze<span class=\"_ _17e\"> </span>1.166<span class=\"_ _6d\"> </span>1.152<span class=\"_ _d2\"> </span>-<span class=\"_ _53\"> </span>(73)<span class=\"_ _167\"> </span>1.166<span class=\"_ _6d\"> </span>1.079Debiti co<span class=\"_ _0\"></span>mmerciali<span class=\"_ _0\"></span> ed altri d<span class=\"_ _0\"></span>ebiti<span class=\"_ _51\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _90\"> </span>-<span class=\"_ _18\"> </span>-Benefici <span class=\"_ _0\"></span>per i di<span class=\"_ _0\"></span>pendenti<span class=\"_ _17f\"> </span>-<span class=\"_ _4a\"> </span>122<span class=\"_ _d0\"> </span>(5<span class=\"_ _0\"></span>0)<span class=\"_ _1f\"> </span>-<span class=\"_ _44\"> </span>(50)<span class=\"_ _4a\"> </span>122Fondo ris<span class=\"_ _0\"></span>chi ed on<span class=\"_ _0\"></span>eri<span class=\"_ _17f\"> </span>3<span class=\"_ _0\"></span>99<span class=\"_ _4a\"> </span>466<span class=\"_ _f9\"> </span>(2<span class=\"_ _0\"></span>5)<span class=\"_ _1f\"> </span>-<span class=\"_ _72\"> </span>374<span class=\"_ _4a\"> </span>466Altro<span class=\"_ _108\"> </span>1<span class=\"_ _1f\"> </span>-<span class=\"_ _cd\"> </span>(4)<span class=\"_ _94\"> </span>(4)<span class=\"_ _27\"> </span>(3)<span class=\"_ _94\"> </span>(4)Perdite fi<span class=\"_ _0\"></span>scali ripo<span class=\"_ _0\"></span>rtate a nuo<span class=\"_ _0\"></span>vo<span class=\"_ _15d\"> </span>945<span class=\"_ _6d\"> </span>1.052<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _72\"> </span>945<span class=\"_ _1f\"> </span>-(Attivit\u00e0)/pas<span class=\"_ _0\"></span>sivit\u00e0 per i<span class=\"_ _0\"></span>mposte dif<span class=\"_ _0\"></span>ferite<span class=\"_ _e5\"> </span>3.<span class=\"_ _0\"></span>882<span class=\"_ _6d\"> </span>4.165<span class=\"_ _47\"> </span>(5.765)<span class=\"_ _e7\"> </span>(6.48<span class=\"_ _0\"></span>5)<span class=\"_ _26\"> </span>(1.883)<span class=\"_ _e7\"> </span>(2.320)Imposte <span class=\"_ _0\"></span>differite a<span class=\"_ _0\"></span>ttive non rilevat<span class=\"_ _0\"></span>e<span class=\"_ _12e\"> </span>(2.484)<span class=\"_ _e7\"> </span>(2.092)<span class=\"_ _40\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _34\"> </span>(2.484)<span class=\"_ _e7\"> </span>(2.0<span class=\"_ _0\"></span>92)(Attivit\u00e0)/Pas<span class=\"_ _0\"></span>sivit\u00e0 per i<span class=\"_ _0\"></span>mposte dif<span class=\"_ _0\"></span>ferite nette<span class=\"_ _60\"> </span>1.<span class=\"_ _0\"></span>398<span class=\"_ _6d\"> </span>2.073<span class=\"_ _47\"> </span>(5.765)<span class=\"_ _e7\"> </span>(6.48<span class=\"_ _0\"></span>5)<span class=\"_ _26\"> </span>(4.367)<span class=\"_ _e7\"> </span>(4.412)Attivit\u00e0 per imposte differite(in migliaia di euro)Saldo Rilevate a Rilevate Saldo Rilevate Rilevate nel Saldo 31.12.20CEnel PN31.12.21a CEPN31.12.22Crediti commer<span class=\"_ _0\"></span>ciali1.258<span class=\"_ _81\"> </span>(158)-1.100<span class=\"_ _f1\"> </span>(42)-1.058Rimanenze1.194<span class=\"_ _1b\"> </span>(42)-1.152<span class=\"_ _3b\"> </span>14-1.166Fondo rischi<span class=\"_ _0\"></span> ed oneri274<span class=\"_ _3b\"> </span>192-466<span class=\"_ _f1\"> </span>(67)-399Immobili, im<span class=\"_ _0\"></span>pianti e m<span class=\"_ _0\"></span>acchin<span class=\"_ _0\"></span>ari208<span class=\"_ _50\"> </span>4-212<span class=\"_ _3b\"> </span>46-258Attivit\u00e0 immate<span class=\"_ _0\"></span>riali32<span class=\"_ _167\"> </span>(7)-25<span class=\"_ _1b\"> </span>(6)-19Altre attivit\u00e0 fin<span class=\"_ _0\"></span>anziarie36-<span class=\"_ _a6\"> </span>-36-<span class=\"_ _cf\"> </span>-36Benefici per<span class=\"_ _0\"></span> i dipendenti119<span class=\"_ _1b\"> </span>(43)<span class=\"_ _3b\"> </span>46<span class=\"_ _19\"> </span>122-(122)-Altre minori3<span class=\"_ _53\"> </span>(3)-<span class=\"_ _87\"> </span>-1-<span class=\"_ _180\"> </span>1Perdite fisca<span class=\"_ _0\"></span>li riportate a<span class=\"_ _0\"></span> nuovo <span class=\"_ _16a\"> </span>-1.052-1.052<span class=\"_ _e1\"> </span>(107)-945Attivit\u00e0 per im<span class=\"_ _0\"></span>poste dif<span class=\"_ _0\"></span>ferite non rile<span class=\"_ _0\"></span>vate (*)(2.195)<span class=\"_ _3b\"> </span>103-(2.092)<span class=\"_ _e1\"> </span>(392)-(2.484)Totale attivit\u00e0 per <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>differite9291.098462.073(553)(122)1.398Passivit\u00e0 per impost<span class=\"_ _0\"></span>e differite(in migliaia di euro)Saldo Rilevate a Rilevate Saldo Rilevate Rilevate nel Saldo 31.12.19CEnel PN31.12.20a CEPN31.12.21Immobili, im<span class=\"_ _0\"></span>pianti e m<span class=\"_ _0\"></span>acchin<span class=\"_ _0\"></span>ari(6.509)<span class=\"_ _3b\"> </span>101-(6.408)<span class=\"_ _14c\"> </span>72<span class=\"_ _0\"></span>2-(5.686)Rimanenze(740)<span class=\"_ _3b\"> </span>667-(73)<span class=\"_ _3b\"> </span>73-<span class=\"_ _86\"> </span>-Benefici a d<span class=\"_ _0\"></span>ipendenti<span class=\"_ _121\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-(50)-(50)Debiti com<span class=\"_ _0\"></span>merciali ed a<span class=\"_ _0\"></span>ltri debit<span class=\"_ _0\"></span>i<span class=\"_ _152\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _181\"> </span>-<span class=\"_ _cf\"> </span>-<span class=\"_ _86\"> </span>-Fondo rischi<span class=\"_ _0\"></span> ed oneri<span class=\"_ _182\"> </span>-<span class=\"_ _82\"> </span>-<span class=\"_ _181\"> </span>-<span class=\"_ _14e\"> </span>-(25)-(25)Altre minori<span class=\"_ _176\"> </span>-(4)-(4)-<span class=\"_ _cf\"> </span>-(4)Passivit\u00e0 per i<span class=\"_ _0\"></span>mposte di<span class=\"_ _0\"></span>fferite non ri<span class=\"_ _0\"></span>levate<span class=\"_ _9d\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _40\"> </span>-<span class=\"_ _86\"> </span>-Totale pass<span class=\"_ _0\"></span>ivit\u00e0 per im<span class=\"_ _0\"></span>poste dif<span class=\"_ _0\"></span>ferite(7.249)764-(6.485)720-(5.765)Attivit\u00e0/Passivit\u00e0 per imposte diff<span class=\"_ _0\"></span>erite nette(6.320)<span class=\"_ _17\"> </span>1.862<span class=\"_ _a9\"> </span>46<span class=\"_ _3b\"> </span>(<span class=\"_ _0\"></span>4.412)167<span class=\"_ _8c\"> </span>(122)(4.367)(*) escluso il valore delle perdite fiscali riportate a nuovo del GruppoNon <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>stat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _5\"></span>sulle <span class=\"_ _5\"></span>riserve <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>u<span class=\"_ _0\"></span>tili <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>istribuiti <span class=\"_ _5\"></span>dalle <span class=\"_ _5\"></span>controllate, dal <span class=\"_ _3\"></span>momento <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>ruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>control<span class=\"_ _0\"></span>lare <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>tempistiche<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>dett<span class=\"_ _0\"></span>e riserve ed \u00e8 prob<span class=\"_ _0\"></span>abile che <span class=\"_ _0\"></span>non siano distr<span class=\"_ _0\"></span>ibuite nel prev<span class=\"_ _0\"></span>edibile futuro.<span class=\"_ _0\"></span> Nota 24 FONDI PER RISCHI ED ONERI  31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.202<span class=\"_ _0\"></span>2(in migliaia di euro)CorrenteFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni673754Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi899133Altri fond<span class=\"_ _0\"></span>i risc<span class=\"_ _0\"></span>hi--1.572887Non correntiFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni112-Fondo in<span class=\"_ _0\"></span>dennit\u00e0 d<span class=\"_ _0\"></span>i ces<span class=\"_ _0\"></span>sazione d<span class=\"_ _0\"></span>el rapport<span class=\"_ _0\"></span>o di agenzia1.142<span class=\"_ _17a\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _dd\"> </span>1.233<span class=\"_ _17b\"></span>             <span class=\"_ _0\"></span>        Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi1.3542652.6081.498Totale fond<span class=\"_ _0\"></span>o rischi e<span class=\"_ _0\"></span>d oneri4.1802.385Di seguito si pr<span class=\"_ _0\"></span>esenta la m<span class=\"_ _0\"></span>ovimentazione det<span class=\"_ _0\"></span>tagliata d<span class=\"_ _0\"></span>ei fondi per<span class=\"_ _0\"></span> rischi ed oner<span class=\"_ _0\"></span>i:  Fondo rischi Fondo Fondo inden<span class=\"_ _0\"></span>nit\u00e0 Fondo risc<span class=\"_ _0\"></span>hi su ristruttura<span class=\"_ _0\"></span>zionicess.ra<span class=\"_ _0\"></span>pp.  agenziadiversipartecipaz<span class=\"_ _0\"></span>ioni(in migliaia di Euro)Saldi al 31.<span class=\"_ _0\"></span>12.2020<span class=\"_ _183\"> </span>42<span class=\"_ _184\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _163\"> </span>1<span class=\"_ _0\"></span>.146<span class=\"_ _185\"></span>             <span class=\"_ _0\"></span>        <span class=\"_ _31\"> </span>501<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _128\"></span>                 Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>1<span class=\"_ _1d\"> </span>7<span class=\"_ _0\"></span>32<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _ae\"> </span>259<span class=\"_ _185\"></span>               <span class=\"_ _0\"></span>         <span class=\"_ _126\"> </span>-<span class=\"_ _187\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _91\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2021<span class=\"_ _188\"> </span>(20)<span class=\"_ _ce\"> </span>(160)<span class=\"_ _41\"> </span>(105)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>         <span class=\"_ _0\"></span>        Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(12)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2021<span class=\"_ _3f\"> </span>754<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.233<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _31\"> </span>398<span class=\"_ _134\"></span>            <span class=\"_ _0\"></span>    <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>2<span class=\"_ _1d\"> </span>3<span class=\"_ _0\"></span>37<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _18a\"> </span>56<span class=\"_ _185\"></span>                   <span class=\"_ _0\"></span>       <span class=\"_ _43\"> </span>664<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>    <span class=\"_ _0\"></span>             Apporto Descam<span class=\"_ _0\"></span>ps<span class=\"_ _18b\"> </span>121<span class=\"_ _184\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _6e\"> </span>-<span class=\"_ _18c\"></span>             <span class=\"_ _0\"></span>            <span class=\"_ _d2\"> </span>1.<span class=\"_ _0\"></span>472<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>       Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2022<span class=\"_ _10c\"> </span>(427)<span class=\"_ _46\"> </span>(52)<span class=\"_ _41\"> </span>(283)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>                <span class=\"_ _0\"></span> Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(95)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2022<span class=\"_ _3f\"> </span>785<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.142<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _39\"> </span>2<span class=\"_ _0\"></span>.253<span class=\"_ _139\"></span>            <span class=\"_ _0\"></span> <span class=\"_ _58\"> </span>-<span class=\"_ _187\"></span>        <span class=\"_ _0\"></span>         Fondo ristrutturaz<span class=\"_ _0\"></span>ioni L\u2019accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>fon<span class=\"_ _0\"></span>do <span class=\"_ _14\"> </span>ristrutturaz<span class=\"_ _0\"></span>ioni <span class=\"_ _14\"> </span>\u00e8 <span class=\"_ _14\"> </span>ri<span class=\"_ _0\"></span>ferito <span class=\"_ _14\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>incentivi<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>all\u2019esodo <span class=\"_ _8\"> </span>effettuati<span class=\"_ _0\"></span> nell\u2019ambito <span class=\"_ _11\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _11\"> </span>procedur<span class=\"_ _0\"></span>a <span class=\"_ _10\"> </span>di <span class=\"_ _11\"> </span>ristrutt<span class=\"_ _0\"></span>urazione <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _10\"> </span>p<span class=\"_ _0\"></span>osta <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>essere <span class=\"_ _11\"> </span>dalla<span class=\"_ _0\"></span> Capogruppo <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>dalla <span class=\"_ _5\"></span>contro<span class=\"_ _0\"></span>llata <span class=\"_ _d\"></span>Descam<span class=\"_ _0\"></span>ps <span class=\"_ _d\"></span>S.A.<span class=\"_ _0\"></span>S.. <span class=\"_ _d\"></span>Ne<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>cors<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>dell\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>fondo <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>stato utilizzato a seg<span class=\"_ _0\"></span>uito delle us<span class=\"_ _0\"></span>cite del pers<span class=\"_ _0\"></span>onale legato al <span class=\"_ _0\"></span>piano di ristr<span class=\"_ _0\"></span>utturazione.<span class=\"_ _0\"></span><span class=\"ffa\"> </span>Fondo rischi diver<span class=\"_ _0\"></span>si Il <span class=\"_ _3\"></span>fondo <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>increm<span class=\"_ _0\"></span>entato <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>seguito <span class=\"_ _3\"></span>dello <span class=\"_ _3\"></span>stanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _3\"></span>effet<span class=\"_ _0\"></span>tuato <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>un fondo <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dito <span class=\"_ _0\"></span>verso <span class=\"_ _0\"></span>l\u2019erario <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>ito I<span class=\"_ _0\"></span>VA <span class=\"_ _0\"></span>tras<span class=\"_ _0\"></span>ferito <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>Hospitality nel 2016 ed il cui<span class=\"_ _0\"></span> recupero <span class=\"_ _0\"></span>\u00e8 divenuto i<span class=\"_ _0\"></span>mprobabile. <span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>\u201cFondo <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iversi\u201d <span class=\"_ _3\"></span>comprende,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>altri, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>205 <span class=\"_ _3\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro che <span class=\"_ _5\"></span>si <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferisce <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>proces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>verba<span class=\"_ _0\"></span>le <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>constatazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>notificato <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogrup<span class=\"_ _0\"></span>po <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>3 luglio <span class=\"_ _f\"> </span>2009 <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>controllo <span class=\"_ _f\"> </span>sull\u2019esercizio <span class=\"_ _f\"> </span>2006 <span class=\"_ _f\"> </span>e, <span class=\"_ _e\"> </span>succes<span class=\"_ _0\"></span>sivamente, <span class=\"_ _f\"> </span>esteso <span class=\"_ _e\"> </span>agl<span class=\"_ _0\"></span>i esercizi <span class=\"_ _f\"> </span>200<span class=\"_ _0\"></span>4 <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>2005 <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>i <span class=\"_ _f\"> </span>quali <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>av<span class=\"_ _0\"></span>uto <span class=\"_ _1\"> </span>esito <span class=\"_ _f\"> </span>positivo <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>ricorsi presentati. I <span class=\"_ _f\"> </span>rilievi <span class=\"_ _f\"> </span>evidenziati <span class=\"_ _f\"> </span>dall\u2019Ag<span class=\"_ _0\"></span>enzia <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>Entrate <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferis<span class=\"_ _0\"></span>cono <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>una <span class=\"_ _f\"> </span>indebita <span class=\"_ _f\"> </span>deduzione <span class=\"_ _f\"> </span>di perdite <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>credit<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>inerenti, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>finanziam<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rcompany e perdite fisc<span class=\"_ _0\"></span>ali de<span class=\"_ _0\"></span>lle filiali es<span class=\"_ _0\"></span>tere tr<span class=\"_ _0\"></span>amite politica <span class=\"_ _0\"></span>transf<span class=\"_ _0\"></span>er pricing. <span class=\"_ _0\"></span>Sono s<span class=\"_ _0\"></span>tati altres\u00ec<span class=\"_ _0\"></span> contestati costi, <span class=\"_ _e\"> </span>relativi <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>ac<span class=\"_ _0\"></span>quisti <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>ma<span class=\"_ _0\"></span>terie <span class=\"_ _e\"> </span>prime, <span class=\"_ _5\"></span>sos<span class=\"_ _0\"></span>tenuti <span class=\"_ _e\"> </span>con <span class=\"_ _5\"> </span>operator<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>esidenti <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>paes<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>con regime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privilegiat<span class=\"_ _0\"></span>o. I<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>consulente <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>ritie<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>il m<span class=\"_ _0\"></span>aggior <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 fiscale <span class=\"_ _d\"></span>ap<span class=\"_ _0\"></span>paia <span class=\"_ _5\"></span>legato <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>rilievi, <span class=\"_ _5\"></span>sia <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"></span>Ires, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>IVA <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _5\"></span>Irap, <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"></span>alle <span class=\"_ _5\"> </span>ded<span class=\"_ _0\"></span>uzioni <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle perdite <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>sti <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inerent<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ritenen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ongruo <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ppostato <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>bilanci<span class=\"_ _0\"></span>o. Si <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>isa <span class=\"_ _d\"></span>altres\u00ec <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>Commiss<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>Tributaria <span class=\"_ _d\"></span>Pro<span class=\"_ _0\"></span>vinciale <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Milano<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>accolt<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>icorso della <span class=\"_ _3\"></span>Vincenz<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>Zucch<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>estazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sollevate <span class=\"_ _d\"></span>aventi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>ogge<span class=\"_ _0\"></span>tto le o<span class=\"_ _0\"></span>perazioni <span class=\"_ _0\"></span>poste<span class=\"_ _0\"></span> in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>operator<span class=\"_ _0\"></span>i res<span class=\"_ _0\"></span>identi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>paesi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n reg<span class=\"_ _0\"></span>ime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privileg<span class=\"_ _0\"></span>iato, sentenza poi parz<span class=\"_ _0\"></span>ialmente r<span class=\"_ _0\"></span>iformata in C<span class=\"_ _0\"></span>ommissione T<span class=\"_ _0\"></span>ributaria Reg<span class=\"_ _0\"></span>ionale. L\u2019intervenuta<span class=\"_ _0\"></span> novit\u00e0<span class=\"_ _0\"></span> legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in tem<span class=\"_ _0\"></span>a di <span class=\"_ _0\"></span>deduc<span class=\"_ _0\"></span>ibilit\u00e0, <span class=\"_ _0\"></span>ad ogg<span class=\"_ _0\"></span>i inte<span class=\"_ _0\"></span>grale, sa<span class=\"_ _0\"></span>lvo <span class=\"_ _0\"></span>eccezioni, <span class=\"_ _0\"></span>dei costi <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ostenuti <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>poste <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>prese <span class=\"_ _3\"></span>residenti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>Paesi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.d. <span class=\"_ _3\"></span>black <span class=\"_ _0\"></span>list; la pres<span class=\"_ _0\"></span>enza, <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l punto,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>c.d. <span class=\"_ _0\"></span>dopp<span class=\"_ _0\"></span>ia co<span class=\"_ _0\"></span>nforme <span class=\"_ _0\"></span>non<span class=\"_ _0\"></span>ch\u00e9 la <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ircostanza <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>rilievi c<span class=\"_ _0\"></span>on riferimento <span class=\"_ _e\"> </span>ai <span class=\"_ _5\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>societ\u00e0 <span class=\"_ _e\"> </span>Vincenzo <span class=\"_ _e\"> </span>Zucchi <span class=\"_ _e\"> </span>S.p.A. <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>risultata<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>occombente <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>sta<span class=\"_ _0\"></span>ti, dall\u2019Ufficio <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso, <span class=\"_ _3\"></span>annullati <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>autotutela <span class=\"_ _3\"></span>nei <span class=\"_ _0\"></span>periodi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>imposta <span class=\"_ _3\"></span>2004 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>005, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eleme<span class=\"_ _0\"></span>nti che inducono a <span class=\"_ _0\"></span>qualificare med<span class=\"_ _0\"></span>io/basso il risc<span class=\"_ _0\"></span>hio di soc<span class=\"_ _0\"></span>combenza. In <span class=\"_\"> </span>data<span class=\"_ _0\"></span> <span class=\"_\"> </span>21<span class=\"_ _0\"></span> <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2012 <span class=\"_\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _a\"> </span>S.p.A. <span class=\"_\"> </span>ha <span class=\"_\"> </span>r<span class=\"_ _0\"></span>icevuto <span class=\"_ _a\"> </span>notifica <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>avvisi <span class=\"_ _a\"> </span>di accertamento <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>l\u2019anno <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07, <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini <span class=\"_ _0\"></span>IRES,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IVA <span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IRAP, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>l\u2019Agenzia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>Entrate<span class=\"_ _0\"></span> ha <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntestato <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>deducibilit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>sostenut<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>con <span class=\"_ _5\"> </span>op<span class=\"_ _0\"></span>eratori <span class=\"_ _5\"></span>residenti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>paesi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>con <span class=\"_ _5\"></span>regime fiscale <span class=\"_ _e\"> </span>privil<span class=\"_ _0\"></span>egiato, <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>violazione <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>l\u2019art. <span class=\"_ _e\"> </span>11<span class=\"_ _0\"></span>0, <span class=\"_ _e\"> </span>comma<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>10 <span class=\"_ _e\"> </span>TU<span class=\"_ _0\"></span>IR <span class=\"_ _e\"> </span>nonch\u00e9 <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>comp<span class=\"_ _0\"></span>etenza <span class=\"_ _e\"> </span>di alcuni <span class=\"_ _e\"> </span>costi <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>edotti<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>ll\u2019anno <span class=\"_ _e\"> </span>accertato. <span class=\"_ _e\"> </span>La <span class=\"_ _e\"> </span>Commissione <span class=\"_ _e\"> </span>Tr<span class=\"_ _0\"></span>ibutaria <span class=\"_ _e\"> </span>Provinciale <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Milano,<span class=\"_ _0\"></span> con <span class=\"_ _1\"> </span>sentenza <span class=\"_ _1\"> </span>confermata <span class=\"_\"> </span>anche <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>Co<span class=\"_ _0\"></span>mmissione <span class=\"_ _1\"> </span>Tri<span class=\"_ _0\"></span>butaria <span class=\"_ _1\"> </span>Regionale, <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>parz<span class=\"_ _0\"></span>ialmente accolto <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>ricors<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _0\"></span>ann<span class=\"_ _0\"></span>ullando <span class=\"_ _0\"></span>cos\u00ec <span class=\"_ _3\"></span>i riliev<span class=\"_ _0\"></span>i co<span class=\"_ _0\"></span>ncernenti <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>sostenuti <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> operazioni di ac<span class=\"_ _0\"></span>quisto di be<span class=\"_ _0\"></span>ni da fornitor<span class=\"_ _0\"></span>i residenti in <span class=\"_ _0\"></span>Paesi c.d. \u201c<span class=\"_ _0\"></span>black list\u201d.<span class=\"_ _0\"></span> Quanto <span class=\"_ _0\"></span>all\u2019a<span class=\"_ _0\"></span>nno <span class=\"_ _0\"></span>2007, <span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>tre <span class=\"_ _3\"></span>alla ri<span class=\"_ _0\"></span>chiamata <span class=\"_ _0\"></span>novi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>tema <span class=\"_ _3\"></span>di de<span class=\"_ _0\"></span>ducibilit\u00e0 <span class=\"_ _3\"></span>dei cos<span class=\"_ _0\"></span>ti black <span class=\"_ _e\"> </span>list, <span class=\"_ _e\"> </span>evidenziata<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontenzios<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>sere <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>l\u2019anno <span class=\"_ _e\"> </span>2006,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>dev<span class=\"_ _0\"></span>ono <span class=\"_ _e\"> </span>sottolinerars<span class=\"_ _0\"></span>i anche <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>modif<span class=\"_ _0\"></span>iche <span class=\"_ _3\"></span>apportate <span class=\"_ _3\"></span>all\u2019art. <span class=\"_ _3\"></span>1, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>4, <span class=\"_ _0\"></span>d.l<span class=\"_ _0\"></span>gs. <span class=\"_ _0\"></span>n. <span class=\"_ _3\"></span>471/199<span class=\"_ _0\"></span>7, <span class=\"_ _3\"></span>dall\u2019art. <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>5, <span class=\"_ _3\"></span>comma <span class=\"_ _3\"></span>1, lett. <span class=\"_ _f\"> </span>A)<span class=\"_ _0\"></span>, <span class=\"_ _f\"> </span>d.lgs<span class=\"_ _0\"></span>. <span class=\"_ _f\"> </span>15<span class=\"_ _0\"></span>8/2015; <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>ossequio <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>principio <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>favor <span class=\"_ _f\"> </span>rei, <span class=\"_ _1\"> </span>potr\u00e0 <span class=\"_ _1\"> </span>essere <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>chiesta <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>n Cassazione <span class=\"_ _1\"> </span>l\u2019appl<span class=\"_ _0\"></span>icazione <span class=\"_ _1\"> </span>della <span class=\"_\"> </span>n<span class=\"_ _2\"></span>uova <span class=\"_ _1\"> </span>sanzi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>prevista <span class=\"_ _1\"> </span>(in <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>isura <span class=\"_ _1\"> </span>fissa <span class=\"_ _1\"> </span>o, <span class=\"_ _1\"> </span>comunqu<span class=\"_ _0\"></span>e, ridotta) <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>ipotesi <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>errore <span class=\"_ _f\"> </span>nell\u2019applicazi<span class=\"_ _0\"></span>one <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>regole <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompetenza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>costi, <span class=\"_ _f\"> </span>in assenza, <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>specie, <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>dann<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>l\u2019Erario. <span class=\"_ _0\"></span>Anc<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>questo periodo <span class=\"_ _3\"></span>di im<span class=\"_ _0\"></span>posta, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>tanto, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alificarsi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>edio/basso <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>occombenza<span class=\"_ _0\"></span> per la societ\u00e0 V<span class=\"_ _0\"></span>incenzo Zuc<span class=\"_ _0\"></span>chi S.p.A..<span class=\"_ _0\"></span> Ad <span class=\"_ _3\"></span>oggi<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>contenzios<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>relati<span class=\"_ _0\"></span>vi <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>periodi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>\u2019impost<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>2006 <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>07 <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>entram<span class=\"_ _0\"></span>be <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>endenti <span class=\"_ _d\"></span>in Corte di Cas<span class=\"_ _0\"></span>sazione. Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>\u00e8 p<span class=\"_ _0\"></span>arte <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>causa <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>oni l<span class=\"_ _0\"></span>egali <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>controvers<span class=\"_ _0\"></span>ie. <span class=\"_ _0\"></span>Si r<span class=\"_ _0\"></span>itiene <span class=\"_ _0\"></span>tuttavi<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>risoluzion<span class=\"_ _0\"></span>i di <span class=\"_ _d\"></span>tali <span class=\"_ _5\"></span>contr<span class=\"_ _0\"></span>oversie <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>debbano <span class=\"_ _5\"></span>generar<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ilievo <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>isultino <span class=\"_ _5\"></span>gi\u00e0 stanziati apposi<span class=\"_ _0\"></span>ti fondi rischi.<span class=\"_ _0\"></span> Fondo indennit<span class=\"_ _0\"></span>\u00e0 di cessazi<span class=\"_ _0\"></span>one del rapporto <span class=\"_ _0\"></span>di agenz<span class=\"_ _0\"></span>ia Il <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>cessazione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>rap<span class=\"_ _0\"></span>porto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>agen<span class=\"_ _0\"></span>zia <span class=\"_ _d\"></span>rapprese<span class=\"_ _0\"></span>nta <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>attual<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>delle obbligazioni, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ggior <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>capo <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _3\"></span>valutat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tecniche attuariali <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>esprimere <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>benef<span class=\"_ _0\"></span>icio <span class=\"_ _0\"></span>eroga<span class=\"_ _0\"></span>bile <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>termine <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>rapporto<span class=\"_ _0\"></span> di lavoro.  Ai <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ini <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>valutazio<span class=\"_ _0\"></span>ne <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>state <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onside<span class=\"_ _0\"></span>rate <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>seguenti <span class=\"_ _e\"> </span>assunzioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>natura demografica e f<span class=\"_ _0\"></span>inanziaria: 2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>imissi<span class=\"_ _0\"></span>oni volon<span class=\"_ _0\"></span>tarie0,00%0,00%Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>ispens<span class=\"_ _0\"></span>a dal se<span class=\"_ _0\"></span>rvizio10,00<span class=\"_ _0\"></span>%10,00%Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di dec<span class=\"_ _0\"></span>esso Tabelle R.G.48Tabelle R.G.48Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di in<span class=\"_ _0\"></span>abilit\u00e0Tavole InpsTavole InpsTasso di a<span class=\"_ _0\"></span>ttualizzazione3,57%0,29%Il <span class=\"_ _14\"> </span>tas<span class=\"_ _0\"></span>so <span class=\"_ _8\"> </span>annuo <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>attuali<span class=\"_ _0\"></span>zzazione <span class=\"_ _8\"> </span>utilizzato <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la <span class=\"_ _9\"> </span>determinazione <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>valore <span class=\"_ _8\"> </span>attua<span class=\"_ _0\"></span>le dell\u2019obbligazione <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _e\"> </span>desunto <span class=\"_ _5\"></span>dall\u2019indice <span class=\"_ _5\"> </span>I<span class=\"_ _0\"></span>boxx <span class=\"_ _5\"></span>Cor<span class=\"_ _0\"></span>porate <span class=\"_ _5\"></span>AA <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>relazione <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>duration del collettivo.<span class=\"_ _0\"></span> Al <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>vita <span class=\"_ _3\"></span>lavorat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>residua <span class=\"_ _3\"></span>med<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>agent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>stata <span class=\"_ _3\"></span>consid<span class=\"_ _0\"></span>erata <span class=\"_ _3\"></span>l\u2019et\u00e0 terminale di 6<span class=\"_ _0\"></span>5 anni. Nota 25 BENEFICI AI DIPENDENTI Con <span class=\"_ _d\"></span>riferimento <span class=\"_ _d\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _d\"></span>alle <span class=\"_ _d\"></span>controllate <span class=\"_ _d\"></span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>D<span class=\"_ _0\"></span>escamps, <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>tratt<span class=\"_ _0\"></span>amento <span class=\"_ _d\"></span>di fine <span class=\"_ _3\"></span>rapporto <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>lavoro <span class=\"_ _3\"></span>sub<span class=\"_ _0\"></span>ordinato <span class=\"_ _3\"></span>(che <span class=\"_ _3\"></span>rap<span class=\"_ _0\"></span>presenta <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>copertura <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _d\"></span>emergenti alla <span class=\"_ _d\"></span>chiusura <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>norma <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>vigenti <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span>sposizioni <span class=\"_ _d\"></span>contr<span class=\"_ _0\"></span>attuali <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>materia) <span class=\"_ _d\"></span>rientra nella <span class=\"_ _0\"></span>tipo<span class=\"_ _0\"></span>logia <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>definiti <span class=\"_ _3\"></span>(fino <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2006) <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>quind<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>soggetto <span class=\"_ _0\"></span>a valutazione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>natura<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>attuar<span class=\"_ _0\"></span>iale <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fine <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>espr<span class=\"_ _0\"></span>imere <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>beneficio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>erogabile al termine del r<span class=\"_ _0\"></span>apporto di la<span class=\"_ _0\"></span>voro, che i di<span class=\"_ _0\"></span>pendenti han<span class=\"_ _0\"></span>no maturato<span class=\"_ _0\"></span> alla data de<span class=\"_ _0\"></span>l bilancio. La voce ha avut<span class=\"_ _0\"></span>o la seguen<span class=\"_ _0\"></span>te movimentazi<span class=\"_ _0\"></span>one: (in migliaia di euro)Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>204.751Utilizzi per e<span class=\"_ _0\"></span>rogazioni e <span class=\"_ _0\"></span>trasf.  f<span class=\"_ _0\"></span>.di pens<span class=\"_ _0\"></span>ione(953)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 20<span class=\"_ _0\"></span>211.040Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>214.838Apporto Des<span class=\"_ _0\"></span>camps383Utilizzi per e<span class=\"_ _0\"></span>rogazioni e <span class=\"_ _0\"></span>trasf.  f<span class=\"_ _0\"></span>.di pens<span class=\"_ _0\"></span>ione(1.284)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 20<span class=\"_ _0\"></span>22455Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>224.392Gli <span class=\"_ _14\"> </span>utilizzi <span class=\"_ _14\"> </span>per <span class=\"_ _14\"> </span>er<span class=\"_ _0\"></span>ogazioni <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>riferiscono <span class=\"_ _8\"> </span>prevalentement<span class=\"_ _0\"></span>e <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>persona<span class=\"_ _0\"></span>le <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>oinvolto <span class=\"_ _8\"> </span>nelle procedure di ristr<span class=\"_ _0\"></span>utturazione.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>debito <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dicembre <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>022 <span class=\"_ _3\"></span>compre<span class=\"_ _0\"></span>nde <span class=\"_ _3\"></span>481 <span class=\"_ _3\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>breve <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>21 <span class=\"_ _3\"></span>il debito a breve <span class=\"_ _0\"></span>termine am<span class=\"_ _0\"></span>montava a 493<span class=\"_ _0\"></span> migliaia di Euro. <span class=\"_ _0\"></span> Gli accanton<span class=\"_ _0\"></span>amenti dell\u2019ese<span class=\"_ _0\"></span>rcizio sono c<span class=\"_ _0\"></span>os\u00ec suddivisibili<span class=\"_ _0\"></span>: 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Costo previd<span class=\"_ _0\"></span>enziale1.019846(Provento) one<span class=\"_ _0\"></span>re finanzia<span class=\"_ _0\"></span>rio21(1)(Utile) perdi<span class=\"_ _0\"></span>ta attu<span class=\"_ _0\"></span>ariale(585)1954551.040Il <span class=\"_ _0\"></span>costo <span class=\"_ _3\"></span>previdenziale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>lavoro, <span class=\"_ _0\"></span>mentre <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>provent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nziario <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>incluso nei \u201cProventi f<span class=\"_ _0\"></span>inanziari netti<span class=\"_ _0\"></span>\u201d (vedi Nota 3<span class=\"_ _0\"></span>4). Le principali assunz<span class=\"_ _0\"></span>ioni attuaria<span class=\"_ _0\"></span>li utilizzate n<span class=\"_ _0\"></span>el calcolo s<span class=\"_ _0\"></span>ono le seguenti:<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021Tasso di a<span class=\"_ _0\"></span>ttualizzazione3,57%0,44%Tasso di i<span class=\"_ _0\"></span>nflazione f<span class=\"_ _0\"></span>utura2,30%1,75%Tavola di mo<span class=\"_ _0\"></span>rtalit\u00e0Tabelle R.G.48Tabelle R.G.48Tavola di ina<span class=\"_ _0\"></span>bilit\u00e0INPSINPSTavola di pen<span class=\"_ _0\"></span>sioname<span class=\"_ _0\"></span>nto100% r<span class=\"_ _0\"></span>equisiti<span class=\"_ _0\"></span> AGO100% req<span class=\"_ _0\"></span>uisiti<span class=\"_ _0\"></span> AGOTasso annuo<span class=\"_ _0\"></span> increm<span class=\"_ _0\"></span>ento t.f<span class=\"_ _0\"></span>.r. 3,225<span class=\"_ _0\"></span>0%2,8125%Tasso relati<span class=\"_ _0\"></span>vo alle d<span class=\"_ _0\"></span>imiss<span class=\"_ _0\"></span>ioni5,00%5,00%Il <span class=\"_ _14\"> </span>tas<span class=\"_ _0\"></span>so <span class=\"_ _8\"> </span>annuo <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>attuali<span class=\"_ _0\"></span>zzazione <span class=\"_ _8\"> </span>utilizzato <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la <span class=\"_ _9\"> </span>determinazione <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>valore <span class=\"_ _8\"> </span>attua<span class=\"_ _0\"></span>le dell\u2019obbligazione <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>stato <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>esunto, <span class=\"_ _f\"> </span>coerentement<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>par. <span class=\"_ _f\"> </span>83 <span class=\"_ _f\"> </span>dello <span class=\"_ _f\"> </span>IAS <span class=\"_ _f\"> </span>19, <span class=\"_ _f\"> </span>dall\u2019indice Iboxx <span class=\"_ _e\"> </span>Corporate <span class=\"_ _e\"> </span>AA <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>dur<span class=\"_ _0\"></span>ation <span class=\"_ _e\"> </span>7-10 <span class=\"_ _e\"> </span>rilevato <span class=\"_ _e\"> </span>alla<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>valutazione.<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>A<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>tal <span class=\"_ _e\"> </span>fine <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>\u00e8 scelto <span class=\"_\"> </span>il <span class=\"_\"> </span>rendimento <span class=\"_\"> </span>avente <span class=\"_\"> </span>durata <span class=\"_\"> </span>compara<span class=\"_ _0\"></span>bile <span class=\"_\"> </span>alla <span class=\"_\"> </span>duration <span class=\"_\"> </span>del <span class=\"_\"> </span>collettivo <span class=\"_\"> </span>di <span class=\"_\"> </span>lavoratori oggetto della valut<span class=\"_ _0\"></span>azione. Nota 26 PATRIMONIO NETTO Capitale sociale Il <span class=\"_ _3\"></span>capitale <span class=\"_ _3\"></span>soc<span class=\"_ _0\"></span>iale, <span class=\"_ _3\"></span>sott<span class=\"_ _0\"></span>oscritto <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>17<span class=\"_ _0\"></span>.546.782,5<span class=\"_ _0\"></span>7, <span class=\"_ _3\"></span>interam<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>liber<span class=\"_ _0\"></span>ato, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>uddiviso <span class=\"_ _3\"></span>in numero <span class=\"_\"> </span>3.94<span class=\"_ _0\"></span>2.878 <span class=\"_\"> </span>azioni<span class=\"_ _0\"></span> <span class=\"_\"> </span>ordinarie <span class=\"_ _a\"> </span>quotate, <span class=\"_\"> </span>prive<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_\"> </span>valore <span class=\"_\"> </span>nom<span class=\"_ _0\"></span>inale <span class=\"_\"> </span>aventi <span class=\"_ _a\"> </span>godimento regolare, <span class=\"_ _d\"></span>numero <span class=\"_ _5\"></span>21.388.8<span class=\"_ _0\"></span>88 <span class=\"_ _3\"></span>az<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>ordinarie <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>quotate<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>prive <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>minale <span class=\"_ _d\"></span>av<span class=\"_ _0\"></span>enti godimento re<span class=\"_ _0\"></span>golare. <span class=\"ff2\"> </span>Il <span class=\"_\"> </span>capitale <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ociale <span class=\"_\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_\"> </span>stato <span class=\"_\"> </span>interament<span class=\"_ _0\"></span>e <span class=\"_\"> </span>liberato<span class=\"_ _0\"></span> <span class=\"_\"> </span>nel <span class=\"_\"> </span>mese <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>settembre <span class=\"_\"> </span>20<span class=\"_ _0\"></span>16 <span class=\"_\"> </span>a <span class=\"_\"> </span>seguit<span class=\"_ _0\"></span>o dell\u2019aumento <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>servato, <span class=\"_ _1\"> </span>con <span class=\"_ _f\"> </span>es<span class=\"_ _0\"></span>clusione <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>diritto <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>opz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>ai <span class=\"_ _f\"> </span>sensi <span class=\"_ _1\"> </span>dell\u2019art. 2441, c<span class=\"_ _0\"></span>omma <span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.c., <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span>10 mili<span class=\"_ _0\"></span>oni c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>deliberato <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019assemblea <span class=\"_ _0\"></span>riun<span class=\"_ _0\"></span>ita in <span class=\"_ _f\"> </span>sede<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>straord<span class=\"_ _0\"></span>inaria <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _f\"> </span>data<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>26<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>magg<span class=\"_ _0\"></span>io <span class=\"_ _f\"> </span>2016, <span class=\"_ _1\"> </span>mediante <span class=\"_ _1\"> </span>emissione <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>n. <span class=\"_ _1\"> </span>2.000.000.00<span class=\"_ _0\"></span>0 nuove <span class=\"_ _1\"> </span>azioni<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ord<span class=\"_ _0\"></span>inarie <span class=\"_ _1\"> </span>V<span class=\"_ _0\"></span>incenzo <span class=\"_ _1\"> </span>Zuc<span class=\"_ _0\"></span>chi, <span class=\"_\"> </span>p<span class=\"_ _2\"></span>rive <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>valore <span class=\"_\"> </span>nominale, <span class=\"_\"> </span>aventi <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>medesimo godimento <span class=\"_ _10\"> </span>e <span class=\"_ _10\"> </span>le <span class=\"_ _9\"> </span>m<span class=\"_ _0\"></span>edesime <span class=\"_ _10\"> </span>caratterist<span class=\"_ _0\"></span>iche <span class=\"_ _9\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _10\"> </span>azioni <span class=\"_ _10\"> </span>ordinarie <span class=\"_ _10\"> </span>Vincenzo <span class=\"_ _10\"> </span>Zucchi <span class=\"_ _10\"> </span>in circolazione alla d<span class=\"_ _0\"></span>ata di emiss<span class=\"_ _0\"></span>ione. Riserva legale La riserv<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egale, par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a 55<span class=\"_ _0\"></span>7 mig<span class=\"_ _0\"></span>liaia d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stata <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>tituita <span class=\"_ _0\"></span>accantonando<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>arte leg<span class=\"_ _0\"></span>ale relativa agli ut<span class=\"_ _0\"></span>ili degli eser<span class=\"_ _0\"></span>cizi 2020 e 2021. <span class=\"_ _0\"></span> Riserva IFRS Si <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>isa <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Riserv<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS\u201d, <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>28.510 <span class=\"_ _d\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _5\"></span>dicembre 2010, er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>stata <span class=\"_ _0\"></span>interament<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>azzerata <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>copertura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>elibera <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>24 gennaio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>11. <span class=\"_ _0\"></span>La <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>coglieva <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rett<span class=\"_ _0\"></span>ifiche <span class=\"_ _0\"></span>effett<span class=\"_ _0\"></span>uate <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>alcun<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>bilancio alla d<span class=\"_ _0\"></span>ata d<span class=\"_ _0\"></span>ella <span class=\"_ _0\"></span>transizi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>agli <span class=\"_ _0\"></span>IFRS/IA<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019effetto f<span class=\"_ _0\"></span>iscale. <span class=\"_ _0\"></span>In <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ticolare, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>riserv<span class=\"_ _0\"></span>a era <span class=\"_ _e\"> </span>stata <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>stituita <span class=\"_ _f\"> </span>per <span class=\"_ _e\"> </span>effetto <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>fair<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>value <span class=\"_ _e\"> </span>dei <span class=\"_ _f\"> </span>terreni, <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019applicazione<span class=\"_ _0\"></span> dello <span class=\"_ _3\"></span>IAS<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>17 <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>cespiti <span class=\"_ _d\"></span>acqu<span class=\"_ _0\"></span>isiti <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>suo <span class=\"_ _d\"></span>tempo <span class=\"_ _d\"></span>con <span class=\"_ _d\"></span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _d\"></span>finanziari, <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fair value <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>dispon<span class=\"_ _0\"></span>ibili <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la n<span class=\"_ _0\"></span>egoziazione <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>l\u2019effetto <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutazione attuariale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>benefici <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dipendenti <span class=\"_ _0\"></span>(tr<span class=\"_ _0\"></span>attamento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>rapporto), <span class=\"_ _0\"></span>mentre <span class=\"_ _3\"></span>\u00e8 st<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>addebita<span class=\"_ _0\"></span>ta per <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>storno <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>alcuni <span class=\"_ _5\"> </span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ecede<span class=\"_ _0\"></span>ntemente <span class=\"_ _e\"> </span>iscritti <span class=\"_ _e\"> </span>tra <span class=\"_ _e\"> </span>gli <span class=\"_ _e\"> </span>oneri <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>d <span class=\"_ _5\"> </span>ut<span class=\"_ _0\"></span>ilit\u00e0 <span class=\"_ _e\"> </span>differita,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>cui capitalizzazione no<span class=\"_ _0\"></span>n \u00e8 pi\u00f9 cons<span class=\"_ _0\"></span>entita dai pri<span class=\"_ _0\"></span>ncipi conta<span class=\"_ _0\"></span>bili internazio<span class=\"_ _0\"></span>nali. La <span class=\"_ _0\"></span>riser<span class=\"_ _0\"></span>va <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>agli <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>ionisti <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>poste <span class=\"_ _3\"></span>che hanno <span class=\"_ _f\"> </span>generato <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _f\"> </span>finanziari <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi, <span class=\"_ _f\"> </span>previa <span class=\"_ _f\"> </span>approvazione <span class=\"_ _f\"> </span>dell\u2019assemblea <span class=\"_ _f\"> </span>nei <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>asi <span class=\"_ _e\"> </span>di legge previsti. In <span class=\"_ _3\"></span>particolare, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>segn<span class=\"_ _0\"></span>ala <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ques<span class=\"_ _0\"></span>tione <span class=\"_ _3\"></span>include <span class=\"_ _3\"></span>quella <span class=\"_ _3\"></span>relativa <span class=\"_ _d\"></span>alla <span class=\"_ _3\"></span>valutazione al fair value<span class=\"_ _0\"></span> dei ter<span class=\"_ _0\"></span>reni alla dat<span class=\"_ _0\"></span>a di trans<span class=\"_ _0\"></span>izione (<span class=\"_ _0\"></span>25.149 migliai<span class=\"_ _0\"></span>a di Eur<span class=\"_ _0\"></span>o) che \u00e8 <span class=\"_ _0\"></span>utilizz<span class=\"_ _0\"></span>abile per l\u2019importo di 10.<span class=\"_ _0\"></span>604 migliaia <span class=\"_ _0\"></span>di Euro; ta<span class=\"_ _0\"></span>le quota si r<span class=\"_ _0\"></span>iferisce a terr<span class=\"_ _0\"></span>eni gi\u00e0 ced<span class=\"_ _0\"></span>uti alla d<span class=\"_ _0\"></span>ata del 31 dicembre <span class=\"_ _f\"> </span>2022 <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>plusvalori <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>st<span class=\"_ _0\"></span>ati <span class=\"_ _f\"> </span>realizzati. <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>riserv<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>relativa <span class=\"_ _f\"> </span>alla valutazione <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Fair <span class=\"_ _d\"></span>Value <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>terreni, <span class=\"_ _5\"></span>essendo <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>interamente <span class=\"_ _5\"></span>utilizzata <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>copertur<span class=\"_ _0\"></span>a delle <span class=\"_ _5\"></span>perdite <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>app<span class=\"_ _0\"></span>licazione <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>discip<span class=\"_ _0\"></span>lina <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tabilita <span class=\"_ _5\"></span>dall<span class=\"_ _0\"></span>\u2019art. <span class=\"_ _d\"></span>7, <span class=\"_ _5\"> </span>co<span class=\"_ _0\"></span>mma <span class=\"_ _5\"></span>6, <span class=\"_ _5\"></span>del <span class=\"_ _e\"> </span>D.Lgs. <span class=\"_ _d\"></span>28 febbraio <span class=\"_ _e\"> </span>2005, <span class=\"_ _e\"> </span>n. <span class=\"_ _e\"> </span>38, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _e\"> </span>obbligator<span class=\"_ _0\"></span>iamente <span class=\"_ _e\"> </span>rico<span class=\"_ _0\"></span>stituita, <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>l\u2019utile <span class=\"_ _e\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _e\"> </span>2020, per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>parte <span class=\"_ _e\"> </span>relativa <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>terreni <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_ _e\"> </span>ancora <span class=\"_ _e\"> </span>ced<span class=\"_ _0\"></span>uti <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>16.<span class=\"_ _0\"></span>559 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>net<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>anche delle <span class=\"_\"> </span>successive <span class=\"_ _a\"> </span>riduzioni <span class=\"_\"> </span>di <span class=\"_\"> </span>valore <span class=\"_\"> </span>per <span class=\"_\"> </span>ad<span class=\"_ _0\"></span>eguame<span class=\"_ _0\"></span>nto <span class=\"_\"> </span>al <span class=\"_\"> </span>fair <span class=\"_\"> </span>value) <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_\"> </span>da <span class=\"_\"> </span>Deliber<span class=\"_ _0\"></span>a Assembleare <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>30.04.2<span class=\"_ _0\"></span>021. <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dell\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iminuita <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>16.511 migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>causa <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>effettua<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nell\u2019ambi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dell\u2019app<span class=\"_ _0\"></span>licazione <span class=\"_ _0\"></span>dell<span class=\"_ _0\"></span>o I<span class=\"_ _0\"></span>AS 36 dei terreni di<span class=\"_ _0\"></span> Notaresco <span class=\"_ _0\"></span>e Galliate.  Al 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>ulter<span class=\"_ _0\"></span>iormente<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>idotta <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>4.694 <span class=\"_ _0\"></span>miglia<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> a <span class=\"_ _3\"></span>seguito della vend<span class=\"_ _0\"></span>ita de<span class=\"_ _0\"></span>l compl<span class=\"_ _0\"></span>esso indu<span class=\"_ _0\"></span>striale <span class=\"_ _0\"></span>di No<span class=\"_ _0\"></span>taresco <span class=\"_ _0\"></span>che h<span class=\"_ _0\"></span>a rea<span class=\"_ _0\"></span>lizzato <span class=\"_ _0\"></span>un p<span class=\"_ _0\"></span>lus va<span class=\"_ _0\"></span>lore da<span class=\"_ _0\"></span> fair value <span class=\"_ _c\"> </span>pari <span class=\"_ _12\"> </span>a <span class=\"_ _c\"> </span>1.812 <span class=\"_ _c\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _12\"> </span>di <span class=\"_ _c\"> </span>Euro <span class=\"_ _c\"> </span>e <span class=\"_ _12\"> </span>della <span class=\"_ _c\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _12\"> </span>effettuata <span class=\"_ _12\"> </span>nell\u2019ambito dell\u2019applicazion<span class=\"_ _0\"></span>e dello IAS 36 d<span class=\"_ _0\"></span>el terreno di G<span class=\"_ _0\"></span>alliate p<span class=\"_ _0\"></span>er un importo <span class=\"_ _0\"></span>di 5 migliaia di <span class=\"_ _0\"></span>Euro. Altre riserve Le <span class=\"_ _f\"> </span>altre <span class=\"_ _f\"> </span>riser<span class=\"_ _0\"></span>ve <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>evalentem<span class=\"_ _0\"></span>ente <span class=\"_ _f\"> </span>costitu<span class=\"_ _0\"></span>ite <span class=\"_ _f\"> </span>dalla <span class=\"_ _1\"> </span>differenza <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>i <span class=\"_ _1\"> </span>patrimoni <span class=\"_ _f\"> </span>rettif<span class=\"_ _0\"></span>icati delle societ\u00e0 co<span class=\"_ _0\"></span>nsolidate ed i<span class=\"_ _0\"></span>l relativo <span class=\"_ _0\"></span>valore di carico.<span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>traduzione <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>positiva <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1.616 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>(positiva <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>1.406 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di Euro al 31 dicem<span class=\"_ _0\"></span>bre 2021).<span class=\"_ _0\"></span>  Sezione <span class=\"_ _123\"> </span>D <span class=\"_ _177\"> </span> <span class=\"_ _123\"> </span>NOTE <span class=\"_ _123\"> </span>ALLE <span class=\"_ _177\"> </span>PRINCIPALI <span class=\"_ _123\"> </span>VO<span class=\"_ _0\"></span>CI <span class=\"_ _123\"> </span>DI <span class=\"_ _123\"> </span>BILANCIO <span class=\"_ _123\"> </span>\u2013 <span class=\"_ _177\"> </span>PROSPETTODELL\u2019UTILE/(<span class=\"_ _0\"></span>PERDITA) <span class=\"_ _e\"></span>DELL\u2019ESE<span class=\"_ _0\"></span>RCIZIO <span class=\"_ _e\"> </span>E <span class=\"_ _f\"> </span>DELLE <span class=\"_ _e\"></span>ALTRE <span class=\"_ _f\"> </span>COMPONENTI <span class=\"_ _f\"> </span>DI <span class=\"_ _e\"> </span>CONTO ECONOMICO COMPLES<span class=\"_ _0\"></span>SIVO CONSOLIDATO Si <span class=\"_ _a\"> </span>riport<span class=\"_ _0\"></span>ano <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _b\"> </span>informazioni <span class=\"_ _b\"> </span>sulla <span class=\"_ _b\"> </span>natura <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>pese <span class=\"_ _b\"> </span>incluse <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>prospetto <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>con<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>economicocomplessivo <span class=\"_ _a\"> </span>consolidato <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>alcuni <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ettagli <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_ _a\"> </span>voci <span class=\"_\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>f<span class=\"_ _2\"></span>unzione <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>de<span class=\"_ _2\"></span>lle <span class=\"_ _a\"> </span>altre <span class=\"_\"> </span>com<span class=\"_ _0\"></span>ponenti del prospetto di c<span class=\"_ _0\"></span>onto economi<span class=\"_ _0\"></span>co complessivo c<span class=\"_ _0\"></span>onsolidato<span class=\"_ _0\"></span>. In <span class=\"_ _0\"></span>merito <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>princ<span class=\"_ _0\"></span>ipali v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>esposte <span class=\"_ _3\"></span>nelle <span class=\"_ _0\"></span>voc<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>prosp<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plessivo <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidato si rinvia a qua<span class=\"_ _0\"></span>nto dettagliat<span class=\"_ _0\"></span>amente descr<span class=\"_ _0\"></span>itto nella Rela<span class=\"_ _0\"></span>zione sulla Gest<span class=\"_ _0\"></span>ione.  Nota 27 DETTAGLIO SPESE PER NATURA<span class=\"fs2 fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Consumi <span class=\"_ _0\"></span>e altri<span class=\"_ _0\"></span> acquist<span class=\"_ _0\"></span>i31.32<span class=\"_ _0\"></span>133.425Prestazion<span class=\"_ _0\"></span>i di servizi38.81<span class=\"_ _0\"></span>129.465Costo del<span class=\"_ _0\"></span> lavoro26.25<span class=\"_ _0\"></span>521.344Ammortam<span class=\"_ _0\"></span>enti e s<span class=\"_ _0\"></span>valutazioni8.9868.061Svalutazione <span class=\"_ _0\"></span>crediti12053Altri3.3892.289Totale cos<span class=\"_ _0\"></span>to del vend<span class=\"_ _0\"></span>uto, spes<span class=\"_ _0\"></span>e di vend<span class=\"_ _0\"></span>ita e distri<span class=\"_ _0\"></span>buzione, pubb<span class=\"_ _0\"></span>licit\u00e0<span class=\"_ _0\"></span>,struttura<span class=\"_ _0\"></span> e altri <span class=\"_ _0\"></span>costi108.8<span class=\"_ _0\"></span>82<span class=\"_ _18d\"></span>       <span class=\"_ _0\"></span>           <span class=\"_ _18e\"> </span>94.637<span class=\"_ _18f\"></span>       <span class=\"_ _0\"></span>            Nella tabella seg<span class=\"_ _0\"></span>uente vien<span class=\"_ _0\"></span>e riportato il nu<span class=\"_ _0\"></span>mero medio <span class=\"_ _0\"></span>dei dipendenti per<span class=\"_ _0\"></span> categori<span class=\"_ _0\"></span>a: 2021<span class=\"_ _190\"></span>2022Dirigenti810Impiegati<span class=\"_ _0\"></span> 761567Operai119115888692Il <span class=\"_ _3\"></span>numero <span class=\"_ _3\"></span>med<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>dipen<span class=\"_ _0\"></span>denti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>forz<span class=\"_ _0\"></span>a, <span class=\"_ _3\"></span>esclus<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>gruppo <span class=\"_ _d\"></span>Descamps <span class=\"_ _d\"></span>(215 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ipendenti), <span class=\"_ _3\"></span>nel corso <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>ridotto <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>19 <span class=\"_ _f\"> </span>unit\u00e0 <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipalmente<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>rifer<span class=\"_ _0\"></span>ito <span class=\"_ _e\"> </span>alla<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>ridu<span class=\"_ _0\"></span>zione <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i punti vendit<span class=\"_ _0\"></span>a della control<span class=\"_ _0\"></span>lata Zuckids <span class=\"_ _0\"></span>S.r.l.. Il <span class=\"_ _3\"></span>numer<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>ef<span class=\"_ _0\"></span>fettivo <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>dipenden<span class=\"_ _0\"></span>ti <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>forz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>al <span class=\"_ _d\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _d\"></span>2022<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>876 <span class=\"_ _d\"></span>contr<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>707 del 31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2021.<span class=\"_ _0\"></span> Al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>del p<span class=\"_ _0\"></span>ersonale r<span class=\"_ _0\"></span>elativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>gruppo D<span class=\"_ _0\"></span>escamps <span class=\"_ _0\"></span>S.A.S., <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isito nel <span class=\"_ _3\"></span>mese <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>luglio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>(206 <span class=\"_ _3\"></span>dipendenti)<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>registra<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>riduz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>person<span class=\"_ _0\"></span>ale <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a 37 unit\u00e0 rispett<span class=\"_ _0\"></span>o al 31 dice<span class=\"_ _0\"></span>mbre 2021.<span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>dimi<span class=\"_ _0\"></span>nuzione <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>fine <span class=\"_ _d\"></span>dell\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>da <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>tribuirsi <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>riduzione <span class=\"_ _d\"></span>del numero <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _5\"></span>della <span class=\"_ _e\"> </span>controllata <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _5\"> </span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>causa <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _5\"></span>riduzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>del <span class=\"_ _e\"> </span>numero dei punti vendita.<span class=\"_ _0\"></span> Si <span class=\"_ _a\"> </span>ricorda <span class=\"_ _a\"> </span>che, <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _a\"> </span>nell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _a\"> </span>2022 <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>fatto <span class=\"_ _a\"> </span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>CIGS <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>ha<span class=\"_ _0\"></span> comportato <span class=\"_ _14\"> </span>un <span class=\"_ _14\"> </span>risparm<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ul <span class=\"_ _b\"> </span>costo <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _14\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>circa <span class=\"_ _14\"> </span>267 <span class=\"_ _14\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>Eur<span class=\"_ _0\"></span>o. Nell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>le <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontrollate<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>Zuckids, <span class=\"_ _a\"> </span>Bassetti <span class=\"_ _a\"> </span>Schweiz <span class=\"_ _a\"> </span>e Bassetti <span class=\"_ _e\"> </span>Deutschl<span class=\"_ _0\"></span>and <span class=\"_ _5\"> </span>av<span class=\"_ _0\"></span>evano <span class=\"_ _e\"> </span>fatto <span class=\"_ _e\"> </span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _e\"> </span>ad <span class=\"_ _e\"> </span>ammortizzatori <span class=\"_ _e\"> </span>soc<span class=\"_ _0\"></span>iali <span class=\"_ _e\"> </span>(tra <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>quali <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>CIGO COVID-19) co<span class=\"_ _0\"></span>n una riduzio<span class=\"_ _0\"></span>ne del costo <span class=\"_ _0\"></span>del pers<span class=\"_ _0\"></span>onale pari a circ<span class=\"_ _0\"></span>a 1.644 migliaia d<span class=\"_ _0\"></span>i Euro. Note 28 COSTO DEL VENDUTO (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Consumo<span class=\"_ _0\"></span> material<span class=\"_ _0\"></span>i31.32<span class=\"_ _0\"></span>132.178di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>216<span class=\"_ _e6\"> </span>2<span class=\"_ _2\"></span>.442Manodopera3.3343.257Costi per <span class=\"_ _0\"></span>energie333136Ammortam<span class=\"_ _0\"></span>enti370381Lavorazioni <span class=\"_ _0\"></span>esterne15.61<span class=\"_ _0\"></span>713.543Spese gen<span class=\"_ _0\"></span>erali<span class=\"_ _0\"></span> di produzione447581di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span> <span class=\"_ _22\"> </span>7<span class=\"_ _92\"> </span>6751.42<span class=\"_ _0\"></span>250.076di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span> <span class=\"_ _22\"> </span>223<span class=\"_ _191\"> </span>2.509La <span class=\"_ _3\"></span>voce <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>cost<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>ve<span class=\"_ _0\"></span>nduto <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>increment<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rispetto <span class=\"_ _d\"></span>all\u2019esercizio <span class=\"_ _d\"></span>2021 <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>termini<span class=\"_ _0\"></span> di <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>assoluto <span class=\"_ _3\"></span>mentre <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ridotto <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>termini <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>incidenza <span class=\"_ _3\"></span>percentua<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ulle <span class=\"_ _3\"></span>vendite <span class=\"_ _3\"></span>nett<span class=\"_ _0\"></span>e per <span class=\"_ _e\"> </span>effetto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>consolidamento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>grupp<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>Descamp<span class=\"_ _0\"></span>s <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>dell\u2019entrata <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>pieno <span class=\"_ _e\"> </span>regim<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>della controllata <span class=\"_ _f\"> </span>B<span class=\"_ _0\"></span>asitalia <span class=\"_ _1\"> </span>che <span class=\"_ _f\"> </span>hanno<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>marginalit\u00e0 <span class=\"_ _1\"> </span>pi\u00f9 <span class=\"_ _f\"> </span>elev<span class=\"_ _0\"></span>ate. <span class=\"_ _f\"> </span>Al <span class=\"_ _1\"> </span>netto <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onsolida<span class=\"_ _0\"></span>mento <span class=\"_ _f\"> </span>del gruppo <span class=\"_ _1\"> </span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>costo <span class=\"_\"> </span>d<span class=\"_ _2\"></span>el <span class=\"_ _1\"> </span>vendut<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>incrementato<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>termine<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>valore <span class=\"_ _1\"> </span>assoluto<span class=\"_ _0\"></span> mentre \u00e8 rimasto s<span class=\"_ _0\"></span>ostanzial<span class=\"_ _0\"></span>mente stabile i<span class=\"_ _0\"></span>n termini per<span class=\"_ _0\"></span>centuali. Gli <span class=\"_ _d\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>ricorren<span class=\"_ _0\"></span>ti <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019esercizio <span class=\"_ _5\"> </span>si <span class=\"_ _5\"></span>rif<span class=\"_ _0\"></span>eriscono <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>l\u2019impor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>211 <span class=\"_ _5\"></span>migliaia <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>ai costi <span class=\"_ _14\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _14\"> </span>v<span class=\"_ _0\"></span>ariazione <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _14\"> </span>rimanenz<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>della <span class=\"_ _8\"> </span>controllat<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>Zuc<span class=\"_ _0\"></span>kids <span class=\"_ _8\"> </span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>deriva<span class=\"_ _0\"></span>nti dall\u2019applicazion<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>incipio <span class=\"_ _b\"> </span>cont<span class=\"_ _0\"></span>abile <span class=\"_ _b\"> </span>IF<span class=\"_ _0\"></span>RS <span class=\"_ _b\"> </span>3 <span class=\"_ _14\"> </span>\u2013 <span class=\"_ _b\"> </span>Bus<span class=\"_ _0\"></span>iness <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ombination <span class=\"_ _b\"> </span>\u2013 <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _b\"> </span>gi\u00e0 evidenziato nel<span class=\"_ _0\"></span>la R<span class=\"_ _0\"></span>elazione dell\u2019es<span class=\"_ _0\"></span>ercizio pr<span class=\"_ _0\"></span>ecedente e<span class=\"_ _0\"></span> per 5 m<span class=\"_ _0\"></span>igliaia d<span class=\"_ _0\"></span>i Euro agl<span class=\"_ _0\"></span>i acquisti <span class=\"_ _0\"></span>di prodotti <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _3\"></span>dell<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>control<span class=\"_ _0\"></span>lata <span class=\"_ _3\"></span>Zuckids <span class=\"_ _d\"></span>S.r.<span class=\"_ _0\"></span>l. <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>cedut<span class=\"_ _0\"></span>i. <span class=\"_ _3\"></span>Le <span class=\"_ _d\"></span>restanti <span class=\"_ _3\"></span>7 migliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>rifer<span class=\"_ _0\"></span>iscono <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>svalutazione <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>terreno <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Gal<span class=\"_ _0\"></span>liate, <span class=\"_ _3\"></span>effett<span class=\"_ _0\"></span>uata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Gli <span class=\"_ _3\"></span>oneri <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>icorrenti <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iferivano <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l\u2019imp<span class=\"_ _0\"></span>orto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>2.44<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia di <span class=\"_ _13\"> </span>Euro <span class=\"_ _11\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _11\"> </span>var<span class=\"_ _0\"></span>iazione <span class=\"_ _13\"> </span>delle <span class=\"_ _13\"> </span>rimanenze <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _11\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _13\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>a <span class=\"_ _13\"> </span>se<span class=\"_ _0\"></span>guito <span class=\"_ _13\"> </span>della contabilizzazion<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>efinitiva <span class=\"_\"> </span>della <span class=\"_\"> </span>Business <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>binati<span class=\"_ _0\"></span>on <span class=\"_ _1\"> </span>rel<span class=\"_ _0\"></span>ativa <span class=\"_\"> </span>all\u2019acquisizione <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>rami d\u2019azienda Kidiliz avv<span class=\"_ _0\"></span>enuta nel <span class=\"_ _0\"></span>2020. Le <span class=\"_ _f\"> </span>restanti <span class=\"_ _f\"> </span>67 <span class=\"_ _f\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Euro <span class=\"_ _f\"> </span>erano <span class=\"_ _f\"> </span>relative <span class=\"_ _1\"> </span>alla <span class=\"_ _f\"> </span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>valore <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>terreno <span class=\"_ _f\"> </span>di Notaresco <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>terreno <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>alliate <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>5 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>effet<span class=\"_ _0\"></span>tuata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Consumo materiali(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Materie prime172120Materie suss<span class=\"_ _0\"></span>idiarie4.2263.912Semilavora<span class=\"_ _0\"></span>ti e prod<span class=\"_ _0\"></span>otti finiti25.63<span class=\"_ _0\"></span>927.712di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>216<span class=\"_ _191\"> </span>2.442Altri acq<span class=\"_ _0\"></span>uisti1.28443431.32<span class=\"_ _0\"></span>132.178Nota 29 SPESE DI VENDITA E DISTRIBUZIONE Spese di distribuzione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Magazzinaggio5.4884.150di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>420<span class=\"_ _191\"> </span>29Trasporto a <span class=\"_ _0\"></span>clienti2.4012.411di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _121\"> </span>133Altre spes<span class=\"_ _0\"></span>e697.9586.561di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>4<span class=\"_ _0\"></span>20<span class=\"_ _191\"> </span>162Le <span class=\"_ _e\"> </span>\u201c<span class=\"_ _0\"></span>Spese <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>istribuzione<span class=\"_ _0\"></span>\u201d <span class=\"_ _f\"> </span>sono <span class=\"_ _e\"> </span>aument<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>causa<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>l\u2019incremento <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>costi <span class=\"_ _f\"> </span>energetici susseguenti <span class=\"_ _0\"></span>alla cr<span class=\"_ _0\"></span>isi provoc<span class=\"_ _0\"></span>ata dalla<span class=\"_ _0\"></span> guerr<span class=\"_ _0\"></span>a tra Rus<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> ed Ucr<span class=\"_ _0\"></span>aina. <span class=\"_ _0\"></span>Si evidenz<span class=\"_ _0\"></span>ia inoltre, <span class=\"_ _0\"></span>che l\u2019esercizio <span class=\"_ _1\"> </span>precedente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>be<span class=\"_ _0\"></span>neficiava <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>risparmi <span class=\"_ _1\"> </span>derivanti <span class=\"_ _1\"> </span>dall\u2019uti<span class=\"_ _0\"></span>lizzo <span class=\"_ _f\"> </span>deg<span class=\"_ _0\"></span>li <span class=\"_ _1\"> </span>ammortizzatori sociali, tra i q<span class=\"_ _0\"></span>uali la CIGO<span class=\"_ _0\"></span>-COVID 19.<span class=\"_ _0\"></span> Gli <span class=\"_ _d\"></span>oneri <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>ricorrenti, <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ostenut<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>dalla <span class=\"_ _5\"></span>Capogruppo, <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>relativi <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>13<span class=\"_ _0\"></span>5 <span class=\"_ _d\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>Euro alle sanz<span class=\"_ _0\"></span>ioni per<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>itardato <span class=\"_ _0\"></span>pagament<span class=\"_ _0\"></span>o delle <span class=\"_ _0\"></span>impost<span class=\"_ _0\"></span>e TASI/<span class=\"_ _0\"></span>TARI <span class=\"_ _0\"></span>dovute <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>lo s<span class=\"_ _0\"></span>tabilimento<span class=\"_ _0\"></span> di Rescaldina <span class=\"_ _0\"></span>riferite <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>esercizi prec<span class=\"_ _0\"></span>edenti <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er 28<span class=\"_ _0\"></span>5 migliai<span class=\"_ _0\"></span>a di E<span class=\"_ _0\"></span>uro a<span class=\"_ _0\"></span>i cos<span class=\"_ _0\"></span>ti per <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>montaggio di un nuovo impia<span class=\"_ _0\"></span>nto press<span class=\"_ _0\"></span>o il magazzino d<span class=\"_ _0\"></span>i Rescaldina.<span class=\"_ _0\"></span> Gli <span class=\"_ _f\"> </span>oneri <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>ricorrenti <span class=\"_ _f\"> </span>dell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _f\"> </span>precedente <span class=\"_ _f\"> </span>erano <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alle <span class=\"_ _f\"> </span>sanzi<span class=\"_ _0\"></span>oni <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>ritarda<span class=\"_ _0\"></span>to pagamento <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>T<span class=\"_ _0\"></span>ASI <span class=\"_ _e\"> </span>dovute <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Capogruppo <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>lo <span class=\"_ _e\"> </span>stabilimento <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Rescaldina <span class=\"_ _e\"> </span>riferite all\u2019esercizio <span class=\"_ _d\"></span>2015 <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>cui <span class=\"_ _d\"></span>pagamento <span class=\"_ _d\"></span>non <span class=\"_ _d\"></span>era <span class=\"_ _d\"></span>stato <span class=\"_ _5\"></span>effettuato <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>domanda <span class=\"_ _d\"></span>di rateazione <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>debiti <span class=\"_ _e\"> </span>esist<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>data <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>deposito <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>dom<span class=\"_ _0\"></span>anda <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>ammissione <span class=\"_ _e\"> </span>ex <span class=\"_ _e\"> </span>art.<span class=\"_ _0\"></span> 161, <span class=\"_\"> </span>sesto <span class=\"_\"> </span>comma, <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_\"> </span>L.F.. <span class=\"_\"> </span>Nella <span class=\"_\"> </span>voce <span class=\"_\"> </span>tr<span class=\"_ _0\"></span>asporti <span class=\"_\"> </span>a <span class=\"_\"> </span>clie<span class=\"_ _0\"></span>nti <span class=\"_\"> </span>erano <span class=\"_\"> </span>compresi <span class=\"_ _a\"> </span>costi <span class=\"_\"> </span>non ricorrenti <span class=\"_ _3\"></span>sos<span class=\"_ _0\"></span>tenuti <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>istribuzion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>prod<span class=\"_ _0\"></span>otti <span class=\"_ _3\"></span>nei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>negozi <span class=\"_ _d\"></span>durante <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>periodo <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>start-u<span class=\"_ _0\"></span>p della nuova contr<span class=\"_ _0\"></span>ollata Zuc<span class=\"_ _0\"></span>kids. Royalties (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Royalties412116Nel <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>orso <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _f\"> </span>2022 <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>verific<span class=\"_ _0\"></span>ato <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>increm<span class=\"_ _0\"></span>ento <span class=\"_ _e\"> </span>dovuto<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>consolida<span class=\"_ _0\"></span>mento <span class=\"_ _e\"> </span>del gruppo Descamps<span class=\"_ _0\"></span> che presenta r<span class=\"_ _0\"></span>oyalties p<span class=\"_ _0\"></span>er un import<span class=\"_ _0\"></span>o di 390 m<span class=\"_ _0\"></span>igliaia di Euro. <span class=\"_ _0\"></span> Spese di vendita dirette (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Venditori <span class=\"_ _0\"></span>ed agent<span class=\"_ _0\"></span>i1.7362.157Negozi e s<span class=\"_ _0\"></span>pacci - sp<span class=\"_ _0\"></span>ese <span class=\"_ _0\"></span>di gestio<span class=\"_ _0\"></span>ne28.12<span class=\"_ _0\"></span>421.794di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>9<span class=\"_ _0\"></span>86<span class=\"_ _191\"> </span>188Altre spes<span class=\"_ _0\"></span>e1.10932130.96<span class=\"_ _0\"></span>924.272di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>9<span class=\"_ _0\"></span>86<span class=\"_ _191\"> </span>188La voce \u201cSpes<span class=\"_ _0\"></span>e di vendit<span class=\"_ _0\"></span>a dirette\u201d, a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>l gruppo <span class=\"_ _0\"></span>Descamps (5.595<span class=\"_ _0\"></span> migliaia di Eur<span class=\"_ _0\"></span>o), si \u00e8 <span class=\"_ _0\"></span>incre<span class=\"_ _0\"></span>mentata <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ispett<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _3\"></span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>maggiori <span class=\"_ _3\"></span>aperture <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>gozi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>spacci rispetto <span class=\"_ _e\"> </span>all\u2019esercizio <span class=\"_ _e\"> </span>202<span class=\"_ _0\"></span>1, <span class=\"_ _e\"> </span>che <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>primo <span class=\"_ _e\"> </span>trimestre <span class=\"_ _e\"> </span>aveva <span class=\"_ _e\"> </span>ancora <span class=\"_ _e\"> </span>risent<span class=\"_ _0\"></span>ito <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>restrizioni<span class=\"_ _0\"></span> dovute <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>andemia <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>COVID-19, <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>le <span class=\"_ _d\"></span>spese <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ostenut<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>l\u2019apert<span class=\"_ _0\"></span>ura <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nuov<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>negozi<span class=\"_ _0\"></span> nonch\u00e9 <span class=\"_ _a\"> </span>per <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>maggiori <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>osti <span class=\"_ _a\"> </span>e<span class=\"_ _0\"></span>nergetici. <span class=\"_ _b\"> </span>Si <span class=\"_ _b\"> </span>segnala <span class=\"_ _a\"> </span>in<span class=\"_ _0\"></span>oltre, <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _a\"> </span>l\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_ _b\"> </span>precedente beneficiava de<span class=\"_ _0\"></span>i risparmi derivant<span class=\"_ _0\"></span>i dall\u2019utilizz<span class=\"_ _0\"></span>o degli amm<span class=\"_ _0\"></span>ortizzatori soc<span class=\"_ _0\"></span>iali. Gli <span class=\"_ _0\"></span>oneri <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>ricorre<span class=\"_ _0\"></span>nti, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>86 <span class=\"_ _0\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riferiscono <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>909 <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>ai costi rel<span class=\"_ _0\"></span>ativi ai <span class=\"_ _0\"></span>negozi c<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>ono sta<span class=\"_ _0\"></span>ti ce<span class=\"_ _0\"></span>duti d<span class=\"_ _0\"></span>alla co<span class=\"_ _0\"></span>ntrollata Z<span class=\"_ _0\"></span>uckids<span class=\"_ _0\"></span>, per <span class=\"_ _0\"></span>77 migli<span class=\"_ _0\"></span>aia di <span class=\"_ _0\"></span>Euro alle commissio<span class=\"_ _0\"></span>ni sostenute <span class=\"_ _0\"></span>per l\u2019apertura <span class=\"_ _0\"></span>di nuovi ne<span class=\"_ _0\"></span>gozi.  Nell\u2019esercizio <span class=\"_ _3\"></span>precedente <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>oneri <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>orrenti, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>8 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>riferivano <span class=\"_ _3\"></span>ai costi relativi alla r<span class=\"_ _0\"></span>iconversio<span class=\"_ _0\"></span>ne dei negozi d<span class=\"_ _0\"></span>ella controll<span class=\"_ _0\"></span>ata Zuckids <span class=\"_ _0\"></span>S.r.l.. Totale spese di vendita e distribuzione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Totale spes<span class=\"_ _0\"></span>e di vendi<span class=\"_ _0\"></span>ta e dis<span class=\"_ _0\"></span>tribuzione39.33<span class=\"_ _0\"></span>930.949di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>1.<span class=\"_ _0\"></span>406<span class=\"_ _192\"> </span>350La <span class=\"_\"> </span>voce <span class=\"_\"> </span>comprende <span class=\"_\"> </span>7.<span class=\"_ _0\"></span>754 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>per <span class=\"_\"> </span>a<span class=\"_ _0\"></span>mmortamenti <span class=\"_\"> </span>mater<span class=\"_ _0\"></span>iali <span class=\"_\"> </span>ed <span class=\"_\"> </span>immaterial<span class=\"_ _0\"></span>i (7.083 migliaia d<span class=\"_ _0\"></span>i Euro per <span class=\"_ _0\"></span>ammortament<span class=\"_ _0\"></span>i materiali e<span class=\"_ _0\"></span>d immateriali n<span class=\"_ _0\"></span>ell\u2019eserc<span class=\"_ _0\"></span>izio 2021).<span class=\"fc0\"> </span>Nota 30 PUBBLICITA\u2019 E PROMOZIONE<span class=\"fs2 fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Spese di<span class=\"_ _0\"></span> pubb<span class=\"_ _0\"></span>licit\u00e0790496Contributi<span class=\"_ _0\"></span> e materia<span class=\"_ _0\"></span>li pr<span class=\"_ _0\"></span>omozionali436296Partecipa<span class=\"_ _0\"></span>zioni a fier<span class=\"_ _0\"></span>e128-Altre spese-<span class=\"_ _16e\"></span>                <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   <span class=\"_ _92\"> </span>-<span class=\"_ _193\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>     1.354792Le spese di pu<span class=\"_ _0\"></span>bblicit\u00e0, al <span class=\"_ _0\"></span>netto di que<span class=\"_ _0\"></span>lle del grup<span class=\"_ _0\"></span>po Des<span class=\"_ _0\"></span>camps pari a 200<span class=\"_ _0\"></span> migliaia di E<span class=\"_ _0\"></span>uro, si sono <span class=\"_ _0\"></span>incre<span class=\"_ _0\"></span>mentate <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>guito <span class=\"_ _3\"></span>di magg<span class=\"_ _0\"></span>iori <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pubblicit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omozione <span class=\"_ _3\"></span>effettuate <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ine di sostenere <span class=\"_ _0\"></span>la politica di ri<span class=\"_ _0\"></span>presa delle ven<span class=\"_ _0\"></span>dite. Nota 31 COSTI DI STRUTTURA Marketing e prodotto (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Marketing2.4341.505Prodotto337395Quadri sta<span class=\"_ _0\"></span>mpa624582Altri cost<span class=\"_ _0\"></span>i<span class=\"_ _194\"> </span>-<span class=\"_ _16e\"></span>               <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _92\"> </span>-<span class=\"_ _193\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>      3.3952.482I c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>per mark<span class=\"_ _0\"></span>eting <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>otto a<span class=\"_ _0\"></span>l 31 <span class=\"_ _3\"></span>dicembre 2<span class=\"_ _0\"></span>022, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i 746 <span class=\"_ _0\"></span>migl<span class=\"_ _0\"></span>iaia d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>Euro <span class=\"_ _0\"></span>relativi al <span class=\"_ _13\"> </span>gruppo <span class=\"_ _13\"> </span>Descam<span class=\"_ _0\"></span>ps, <span class=\"_ _13\"> </span>non <span class=\"_ _13\"> </span>hann<span class=\"_ _0\"></span>o <span class=\"_ _13\"> </span>subito <span class=\"_ _13\"> </span>sostan<span class=\"_ _0\"></span>ziali <span class=\"_ _13\"> </span>variaz<span class=\"_ _0\"></span>ioni <span class=\"_ _13\"> </span>rispetto <span class=\"_ _13\"> </span>a<span class=\"_ _0\"></span>ll\u2019esercizio precedente. Amministrazione e vendite sede (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Direzione c<span class=\"_ _0\"></span>ommerc<span class=\"_ _0\"></span>iale d<span class=\"_ _0\"></span>i sede<span class=\"_ _129\"> </span>2.<span class=\"_ _0\"></span>280<span class=\"_ _17a\"></span>       <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> <span class=\"_ _195\"> </span>1.101<span class=\"_ _196\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> La <span class=\"_ _b\"> </span>voce, <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>netto <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _b\"> </span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>per <span class=\"_ _b\"> </span>23<span class=\"_ _0\"></span>0 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>Euro, <span class=\"_ _b\"> </span>ha <span class=\"_ _b\"> </span>r<span class=\"_ _0\"></span>egistrato <span class=\"_ _b\"> </span>un<span class=\"_ _0\"></span> incremento <span class=\"_ _10\"> </span>rispetto <span class=\"_ _10\"> </span>all\u2019esercizio <span class=\"_ _10\"> </span>precedente.<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>Si <span class=\"_ _10\"> </span>evidenzia <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>l\u2019esercizio <span class=\"_ _10\"> </span>precedente<span class=\"_ _0\"></span> comprendeva <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilascio <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ondo <span class=\"_ _3\"></span>svalutazione <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>iscritto <span class=\"_ _3\"></span>nell\u2019attivo <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>638 <span class=\"_ _3\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>elativi<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _b\"> </span>Descamps <span class=\"_ _b\"> </span>S.<span class=\"_ _0\"></span>A.S., <span class=\"_ _b\"> </span>allora <span class=\"_ _b\"> </span>parte<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>correlata.<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>In<span class=\"_ _0\"></span>oltre, <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>2021 <span class=\"_ _b\"> </span>la <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>oce beneficiava <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>isparmi <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019utilizzo <span class=\"_ _0\"></span>degli <span class=\"_ _3\"></span>ammortizzatori <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iali, <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>CIG<span class=\"_ _0\"></span>O-COVID 19. Generali e amministrative (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Direzione ge<span class=\"_ _0\"></span>nerale    <span class=\"_ _0\"></span>          <span class=\"_ _0\"></span>          <span class=\"_ _0\"></span>         2.3642.101di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>31Ammini<span class=\"_ _0\"></span>strazione e<span class=\"_ _0\"></span> finanza2.6142.313di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>218EDP1.540974Personale529384Acquisti2727Legale269265di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>31<span class=\"_ _8b\"> </span>76Servizi genera<span class=\"_ _0\"></span>li1.204884di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>268.5476.948di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _197\"> </span>306<span class=\"_ _191\"> </span>76Gli <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _5\"></span>ricorrenti, <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ostenut<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"></span>Capogr<span class=\"_ _0\"></span>uppo, <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>rif<span class=\"_ _0\"></span>eriscono <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>62 <span class=\"_ _5\"></span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>Euro<span class=\"_ _0\"></span> alle <span class=\"_ _d\"></span>spese <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>consul<span class=\"_ _0\"></span>enza <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>legali <span class=\"_ _d\"></span>relative<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>ad <span class=\"_ _5\"></span>operazioni <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>traordinari<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>18 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i Euro <span class=\"_ _1\"> </span>alle <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>pese <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>evisione <span class=\"_ _1\"> </span>relative <span class=\"_ _1\"> </span>ad <span class=\"_ _1\"> </span>esercizi <span class=\"_ _1\"> </span>precedent<span class=\"_ _0\"></span>i. <span class=\"_ _1\"> </span>Sono <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>mprese <span class=\"_ _1\"> </span>inoltre, <span class=\"_ _1\"> </span>26 migliaia di E<span class=\"_ _0\"></span>uro riferite alla <span class=\"_ _0\"></span>TARI relativa ad<span class=\"_ _0\"></span> esercizi prec<span class=\"_ _0\"></span>edenti. Nell\u2019esercizio <span class=\"_ _3\"></span>precedente <span class=\"_ _0\"></span>erano <span class=\"_ _0\"></span>inclus<span class=\"_ _0\"></span>i c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ricorr<span class=\"_ _0\"></span>enti, <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>76<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro, c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>si riferivano <span class=\"_ _1\"> </span>alle <span class=\"_\"> </span>spese <span class=\"_ _1\"> </span>legali <span class=\"_\"> </span>relative <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _1\"> </span>start-<span class=\"_ _0\"></span>up <span class=\"_ _1\"> </span>ed <span class=\"_ _1\"> </span>all\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>riconv<span class=\"_ _0\"></span>ersione <span class=\"_ _1\"> </span>dell<span class=\"_ _0\"></span>a nuova <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _14\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>sostenute <span class=\"_ _14\"> </span>dalla <span class=\"_ _14\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _b\"> </span>(2<span class=\"_ _0\"></span>2 <span class=\"_ _b\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>Euro) <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>dalla controllata Zuc<span class=\"_ _0\"></span>kids (54 migliaia di<span class=\"_ _0\"></span> Euro).<span class=\"_ _0\"></span> Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Totale cos<span class=\"_ _0\"></span>ti di <span class=\"_ _0\"></span>struttura14.22<span class=\"_ _0\"></span>210.531di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>306<span class=\"_ _e6\"> </span>76La <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>omprende <span class=\"_ _5\"></span>8<span class=\"_ _0\"></span>55 <span class=\"_ _5\"></span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>ammortamen<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>materi<span class=\"_ _0\"></span>ali <span class=\"_ _5\"></span>ed <span class=\"_ _5\"> </span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>532 migliaia di E<span class=\"_ _0\"></span>uro per ammortam<span class=\"_ _0\"></span>enti nell\u2019es<span class=\"_ _0\"></span>ercizio 2021).<span class=\"_ _0\"></span> Nota 32 ALTRI RICAVI E COSTI Altri ricavi Sono cos\u00ec com<span class=\"_ _0\"></span>posti: (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Ricavi per <span class=\"_ _0\"></span>servizi a terzi(405)(775)Ricavi per <span class=\"_ _0\"></span>addebiti <span class=\"_ _0\"></span>vari(272)(634)Vendita g<span class=\"_ _0\"></span>reggi--Vendita p<span class=\"_ _0\"></span>rodotti--Ricavi da af<span class=\"_ _0\"></span>fitti(337)(297)Plusvalenze<span class=\"_ _0\"></span> alienazion<span class=\"_ _0\"></span>e cespi<span class=\"_ _0\"></span>ti(60)(3)Sopravvenienze atti<span class=\"_ _0\"></span>ve(373)(333)Altri(2.026)(1.385)(3.473)(3.427)I <span class=\"_ _0\"></span>ricavi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>servizi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>zi <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riferiscono <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>erviz<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>intercompany <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>market<span class=\"_ _0\"></span>ing, <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ministrativ<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>e di IT <span class=\"_ _0\"></span>tra <span class=\"_ _3\"></span>la Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>rollata <span class=\"_ _0\"></span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S.A.S. <span class=\"_ _0\"></span>risa<span class=\"_ _0\"></span>lenti a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>dell\u2019ac<span class=\"_ _0\"></span>quisizione. I <span class=\"_ _f\"> </span>ricav<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>addebiti <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>ari <span class=\"_ _1\"> </span>comprendono <span class=\"_ _1\"> </span>146 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>ubblicitari <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>12<span class=\"_ _0\"></span>6 migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>market<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>I.T. <span class=\"_ _3\"></span>sost<span class=\"_ _0\"></span>enuti <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>riadd<span class=\"_ _0\"></span>ebitati <span class=\"_ _3\"></span>alla Descamps S.A.<span class=\"_ _0\"></span>S. prima de<span class=\"_ _0\"></span>ll\u2019acquisizion<span class=\"_ _0\"></span>e. La <span class=\"_ _0\"></span>voc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u201cAltr<span class=\"_ _0\"></span>i\u201d <span class=\"_ _3\"></span>comprende <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>incipalmente <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>neficio, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>647 <span class=\"_ _0\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>derivant<span class=\"_ _0\"></span>e dal credito <span class=\"_ _0\"></span>d\u2019imposta r<span class=\"_ _0\"></span>elativo al bo<span class=\"_ _0\"></span>nus <span class=\"_ _0\"></span>industria 4.<span class=\"_ _0\"></span>0 per <span class=\"_ _0\"></span>investimenti <span class=\"_ _0\"></span>in beni <span class=\"_ _0\"></span>strumental<span class=\"_ _0\"></span>i della Capogruppo. <span class=\"_ _1\"> </span>La <span class=\"_ _1\"> </span>voce <span class=\"_\"> </span>include <span class=\"_ _1\"> </span>anche <span class=\"_ _1\"> </span>127 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_\"> </span>q<span class=\"_ _2\"></span>uali <span class=\"_ _1\"> </span>contri<span class=\"_ _0\"></span>buti <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>ricerc<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>e sviluppo <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>6<span class=\"_ _0\"></span>3 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>royal<span class=\"_ _0\"></span>ties <span class=\"_ _d\"></span>attive <span class=\"_ _d\"></span>rifer<span class=\"_ _0\"></span>ite <span class=\"_ _d\"></span>alla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo; <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>comprese inoltre, <span class=\"_ _e\"> </span>70 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>un\u2019inde<span class=\"_ _0\"></span>nnit\u00e0 <span class=\"_ _e\"> </span>incassata <span class=\"_ _e\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>controllata <span class=\"_ _e\"> </span>Zucki<span class=\"_ _0\"></span>ds <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>seguito della chiusura <span class=\"_ _0\"></span>del negozio <span class=\"_ _0\"></span>di Trieste, com<span class=\"_ _0\"></span>e previsto d<span class=\"_ _0\"></span>al contratto di aff<span class=\"_ _0\"></span>itto. Nella <span class=\"_ _0\"></span>voce <span class=\"_ _0\"></span>\u201c<span class=\"_ _0\"></span>Sopravvenienz<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>attive\u201d <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>stati <span class=\"_ _0\"></span>regis<span class=\"_ _0\"></span>trati <span class=\"_ _3\"></span>storni d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>accantona<span class=\"_ _0\"></span>menti <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tanziati <span class=\"_ _0\"></span>in eccesso negli eser<span class=\"_ _0\"></span>cizi prec<span class=\"_ _0\"></span>edenti.  Gli <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>ffitti <span class=\"_ _5\"></span>att<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iferiscon<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>pri<span class=\"_ _0\"></span>ncipalmente <span class=\"_ _5\"> </span>ai<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>icavi <span class=\"_ _5\"> </span>derivant<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>dal <span class=\"_ _5\"></span>contrat<span class=\"_ _0\"></span>to <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>affitto<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>una porzione <span class=\"_ _10\"> </span>del <span class=\"_ _11\"> </span>magazzino <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>Cuggiono, <span class=\"_ _11\"> </span>pari <span class=\"_ _10\"> </span>a <span class=\"_ _11\"> </span>213 <span class=\"_ _10\"> </span>migliaia <span class=\"_ _10\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>Euro, <span class=\"_ _11\"> </span>stipulato <span class=\"_ _10\"> </span>dalla Capogruppo con <span class=\"_ _0\"></span>una societ\u00e0 di <span class=\"_ _0\"></span>logistica. <span class=\"_ _0\"></span> Altri costi (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Costi per <span class=\"_ _0\"></span>servizi a terzi396775Costo per <span class=\"_ _0\"></span>addebiti<span class=\"_ _0\"></span> vari248473Costo ese<span class=\"_ _0\"></span>rcizio fab<span class=\"_ _0\"></span>bricati<span class=\"_ _0\"></span> affittati138-Minusvalenze alien<span class=\"_ _0\"></span>azione ce<span class=\"_ _0\"></span>spiti-1Sopravvenienze pas<span class=\"_ _0\"></span>sive608835di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>68<span class=\"_ _8b\"> </span>472Altri 1.155205di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>   <span class=\"_ _70\"> </span>5962.5452.289di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>664<span class=\"_ _191\"> </span>472I <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>addeb<span class=\"_ _0\"></span>iti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>ervizi <span class=\"_ _5\"></span>sono <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>riaddebiti <span class=\"_ _5\"></span>effett<span class=\"_ _0\"></span>uati <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"></span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la societ\u00e0 control<span class=\"_ _0\"></span>lata Descam<span class=\"_ _0\"></span>ps S.A.S. pr<span class=\"_ _0\"></span>ima dell\u2019ac<span class=\"_ _0\"></span>quisizione. La voce \u201cSopravv<span class=\"_ _0\"></span>enienze p<span class=\"_ _0\"></span>assive\u201d include cost<span class=\"_ _0\"></span>i per fat<span class=\"_ _0\"></span>ture relative ad <span class=\"_ _0\"></span>esercizi pre<span class=\"_ _0\"></span>cedenti. Gli <span class=\"_ _a\"> </span>\u201con<span class=\"_ _0\"></span>eri <span class=\"_ _a\"> </span>non <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>icorrent<span class=\"_ _0\"></span>i\u201d <span class=\"_ _a\"> </span>si <span class=\"_ _b\"> </span>riferiscono <span class=\"_ _a\"> </span>pr<span class=\"_ _0\"></span>incipalmen<span class=\"_ _0\"></span>te <span class=\"_ _a\"> </span>a <span class=\"_ _b\"> </span>costi <span class=\"_ _b\"> </span>e <span class=\"_ _a\"> </span>acca<span class=\"_ _0\"></span>ntonamenti <span class=\"_ _b\"> </span>della controllata <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>relativi <span class=\"_ _a\"> </span>ad <span class=\"_\"> </span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _a\"> </span>straordinarie. <span class=\"_ _a\"> </span>Comprendon<span class=\"_ _0\"></span>o <span class=\"_\"> </span>i<span class=\"_ _0\"></span>noltre, sopravvenienz<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>passive <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iguardanti <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>egozi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>rollata <span class=\"_ _3\"></span>Zucki<span class=\"_ _0\"></span>ds <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>ati <span class=\"_ _3\"></span>ceduti nel mese di nov<span class=\"_ _0\"></span>embre 202<span class=\"_ _0\"></span>2. Gli <span class=\"_ _0\"></span>\u201coneri <span class=\"_ _3\"></span>non r<span class=\"_ _0\"></span>icorr<span class=\"_ _0\"></span>enti\u201d <span class=\"_ _0\"></span>registr<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _0\"></span>prec<span class=\"_ _0\"></span>edente <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>sopravv<span class=\"_ _0\"></span>enienze<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>passive <span class=\"_ _3\"></span>si riferivano <span class=\"_\"> </span>per <span class=\"_\"> </span>279 <span class=\"_\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>a <span class=\"_\"> </span>sanzio<span class=\"_ _0\"></span>ni <span class=\"_\"> </span>su <span class=\"_\"> </span>imposte <span class=\"_\"> </span>relative <span class=\"_\"> </span>all\u2019<span class=\"_ _0\"></span>anno <span class=\"_\"> </span>2015 <span class=\"_\"> </span>il <span class=\"_\"> </span>cui pagamento <span class=\"_ _a\"> </span>non <span class=\"_\"> </span>era <span class=\"_ _a\"> </span>stato<span class=\"_ _0\"></span> <span class=\"_\"> </span>effett<span class=\"_ _0\"></span>uato <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>omanda <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ateazione<span class=\"_ _0\"></span> <span class=\"_\"> </span>dei <span class=\"_ _a\"> </span>debiti esistenti <span class=\"_ _0\"></span>alla data di <span class=\"_ _0\"></span>deposi<span class=\"_ _0\"></span>to della dom<span class=\"_ _0\"></span>anda d<span class=\"_ _0\"></span>i ammiss<span class=\"_ _0\"></span>ione ex <span class=\"_ _0\"></span>art. 161, s<span class=\"_ _0\"></span>esto com<span class=\"_ _0\"></span>ma, della L.F.. <span class=\"_ _9\"> </span>Erano <span class=\"_ _9\"> </span>co<span class=\"_ _0\"></span>mprese <span class=\"_ _9\"> </span>inoltre, <span class=\"_ _9\"> </span>19<span class=\"_ _0\"></span>3 <span class=\"_ _9\"> </span>migliaia <span class=\"_ _10\"> </span>di <span class=\"_ _9\"> </span>Euro <span class=\"_ _9\"> </span>quali <span class=\"_ _9\"> </span>comm<span class=\"_ _0\"></span>issioni <span class=\"_ _9\"> </span>pa<span class=\"_ _0\"></span>gate <span class=\"_ _9\"> </span>dalla controllata Bas<span class=\"_ _0\"></span>setti Deutsc<span class=\"_ _0\"></span>hland relat<span class=\"_ _0\"></span>ive al 2020. Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Totale altr<span class=\"_ _0\"></span>i ricavi e c<span class=\"_ _0\"></span>osti(928)(1.138)di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>664<span class=\"_ _191\"> </span>472Nota 33  ONERI E PROVENTI DI RISTRUTTURAZIONE Proventi di ristrutturazione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Plusvalenza<span class=\"_ _0\"></span> cessio<span class=\"_ _0\"></span>ne att<span class=\"_ _0\"></span>ivit\u00e0 non c<span class=\"_ _0\"></span>orrenti desti<span class=\"_ _0\"></span>nate alla<span class=\"_ _0\"></span> vendita-<span class=\"_ _16e\"></span>                <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   <span class=\"_ _198\"> </span>(413)Rilascio<span class=\"_ _0\"></span> fondi <span class=\"_ _0\"></span>rischi i<span class=\"_ _0\"></span>n esube<span class=\"_ _0\"></span>ro---(413)I <span class=\"_ _8\"> </span>proventi <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>ristruttur<span class=\"_ _0\"></span>azione <span class=\"_ _8\"> </span>dell\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_ _8\"> </span>2021 <span class=\"_ _8\"> </span>si<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>riferivano <span class=\"_ _8\"> </span>alla <span class=\"_ _8\"> </span>ces<span class=\"_ _0\"></span>sione<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>dell\u2019intero complesso <span class=\"_ _a\"> </span>industriale <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>Isca <span class=\"_ _a\"> </span>Pantanelle <span class=\"_\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_\"> </span>av<span class=\"_ _0\"></span>eva <span class=\"_ _a\"> </span>generato <span class=\"_\"> </span>una <span class=\"_ _a\"> </span>plusvalenza<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>413 migliaia di E<span class=\"_ _0\"></span>uro. Oneri di ristrutturazione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Incentivi a<span class=\"_ _0\"></span>ll'esodo506770Spese le<span class=\"_ _0\"></span>gali p<span class=\"_ _0\"></span>iano di <span class=\"_ _0\"></span>ristruttura<span class=\"_ _0\"></span>zione3724Minusvalenza cess<span class=\"_ _0\"></span>ione Notar<span class=\"_ _0\"></span>esco304-847794Gli <span class=\"_ _e\"> </span>oneri <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>istrutturazione<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>relativi<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>cessione <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019intero <span class=\"_ _e\"> </span>compl<span class=\"_ _0\"></span>esso <span class=\"_ _e\"> </span>indus<span class=\"_ _0\"></span>triale <span class=\"_ _e\"> </span>di Notaresco <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>3 <span class=\"_ _d\"></span>milion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>zialmente <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>linea <span class=\"_ _3\"></span>col<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>dell\u2019area al <span class=\"_\"> </span>31 <span class=\"_\"> </span>dicembre<span class=\"_ _0\"></span> <span class=\"_\"> </span>2021 <span class=\"_\"> </span>otte<span class=\"_ _0\"></span>nuto <span class=\"_\"> </span>da <span class=\"_\"> </span>un<span class=\"_ _0\"></span> <span class=\"_\"> </span>terzo <span class=\"_ _a\"> </span>i<span class=\"_ _2\"></span>ndipendent<span class=\"_ _0\"></span>e. <span class=\"_\"> </span>La <span class=\"_\"> </span>vendita <span class=\"_ _a\"> </span>ha <span class=\"_\"> </span>generato <span class=\"_\"> </span>u<span class=\"_ _0\"></span>na minusvalenza <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>15<span class=\"_ _0\"></span>4 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un\u2019u<span class=\"_ _0\"></span>lteriore <span class=\"_ _d\"></span>perdita <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>15<span class=\"_ _0\"></span>0 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rifer<span class=\"_ _0\"></span>ita ad <span class=\"_ _11\"> </span>un<span class=\"_ _0\"></span>\u2019indennit\u00e0 <span class=\"_ _13\"> </span>risarcitori<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>a <span class=\"_ _13\"> </span>favore <span class=\"_ _13\"> </span>dell\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _13\"> </span>e <span class=\"_ _11\"> </span>prevista <span class=\"_ _13\"> </span>da <span class=\"_ _13\"> </span>alcune <span class=\"_ _13\"> </span>clausole contrattuali. <span class=\"_\"> </span>Sono <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>presi <span class=\"_\"> </span>inoltre, <span class=\"_\"> </span>gli <span class=\"_ _1\"> </span>incentivi <span class=\"_\"> </span>all\u2019esodo <span class=\"_\"> </span>accantonati <span class=\"_\"> </span>dalla <span class=\"_ _1\"> </span>Capogruppo<span class=\"_ _0\"></span> (225 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>Eur<span class=\"_ _0\"></span>o) <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>dalle <span class=\"_ _e\"> </span>controllate <span class=\"_ _e\"> </span>Zuckids <span class=\"_ _e\"> </span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _5\"></span>(65 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro) <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>Des<span class=\"_ _0\"></span>camps S.A.S. (213 mi<span class=\"_ _0\"></span>gliaia di Eur<span class=\"_ _0\"></span>o) e quelli <span class=\"_ _0\"></span>pagati dalla Capo<span class=\"_ _0\"></span>gruppo per <span class=\"_ _0\"></span>3 migliaia di <span class=\"_ _0\"></span>Euro. Gli <span class=\"_ _12\"> </span>oneri<span class=\"_ _0\"></span> <span class=\"_ _12\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _12\"> </span>ristruttur<span class=\"_ _0\"></span>azione <span class=\"_ _d6\"> </span>dell\u2019esercizio <span class=\"_ _d6\"> </span>precedente <span class=\"_ _d6\"> </span>erano <span class=\"_ _12\"> </span>relativi <span class=\"_ _d6\"> </span>al <span class=\"_ _d6\"> </span>piano <span class=\"_ _12\"> </span>di riorganizzazione <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>personale <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>Capogru<span class=\"_ _0\"></span>ppo <span class=\"_\"> </span>e<span class=\"_ _0\"></span> <span class=\"_\"> </span>si <span class=\"_ _a\"> </span>ri<span class=\"_ _2\"></span>ferivano <span class=\"_ _a\"> </span>ad<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>in<span class=\"_ _2\"></span>centiv<span class=\"_ _0\"></span>i <span class=\"_\"> </span>all\u2019esodo, pagati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>32 <span class=\"_ _3\"></span>miglia<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>accan<span class=\"_ _0\"></span>tonati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>732 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>alle <span class=\"_ _3\"></span>spese <span class=\"_ _3\"></span>legali per 24 migliaia d<span class=\"_ _0\"></span>i Euro. <span class=\"_ _0\"></span> Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Totale one<span class=\"_ _0\"></span>ri e (proventi<span class=\"_ _0\"></span>) di ristrut<span class=\"_ _0\"></span>turazione847381Nota 34 ONERI E PROVENTI FINANZIARI NETTI Proventi finanziari (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Da crediti a<span class=\"_ _0\"></span> lungo termi<span class=\"_ _0\"></span>ne--Proventi di<span class=\"_ _0\"></span>versi dai pr<span class=\"_ _0\"></span>ecedenti<span class=\"_ _0\"></span>:da impres<span class=\"_ _0\"></span>e correlate-(3)da impres<span class=\"_ _0\"></span>a controlla<span class=\"_ _0\"></span>nte(29)(29)da altriAltri int<span class=\"_ _0\"></span>eressi<span class=\"_ _0\"></span> attivi(1)(1)Proventi di<span class=\"_ _0\"></span> attualizzazione e <span class=\"_ _0\"></span>rettifi<span class=\"_ _0\"></span>che di valore di a<span class=\"_ _0\"></span>ttivit\u00e0 (2)<span class=\"_ _75\"> </span>(99)Altri provent<span class=\"_ _0\"></span>i finanziar<span class=\"_ _0\"></span>i(95)(84)Totale proventi d<span class=\"_ _0\"></span>a alt<span class=\"_ _0\"></span>ri(98)(184)Totale proven<span class=\"_ _0\"></span>ti finanziari(127)(216)Gli <span class=\"_ _3\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>impresa <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollante <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iferiscono <span class=\"_ _3\"></span>ag<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>maturat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nei <span class=\"_ _d\"></span>prim<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sei <span class=\"_ _d\"></span>mesi dell\u2019esercizio <span class=\"_ _5\"></span>sul <span class=\"_ _5\"></span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _d\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>la <span class=\"_ _d\"></span>contro<span class=\"_ _0\"></span>llante <span class=\"_ _5\"></span>Zucchi <span class=\"_ _d\"></span>S.<span class=\"_ _0\"></span>p.A. <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _5\"></span>r<span class=\"_ _0\"></span>imborsato alla scadenz<span class=\"_ _0\"></span>a del 30 giugn<span class=\"_ _0\"></span>o 2022. Proventi finanziari da rinuncia al debito bancario (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Proventi fina<span class=\"_ _0\"></span>nziari da r<span class=\"_ _0\"></span>inuncia <span class=\"_ _0\"></span>al debit<span class=\"_ _0\"></span>o bancario-<span class=\"_ _16e\"></span>           <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>  <span class=\"_ _92\"> </span>-<span class=\"_ _193\"></span>       <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>      di cui non ricorrenti      <span class=\"_ _0\"></span>   <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>    Al <span class=\"_\"> </span>31 <span class=\"_ _a\"> </span>dicembre <span class=\"_ _a\"> </span>2022, <span class=\"_\"> </span>c<span class=\"_ _0\"></span>os\u00ec <span class=\"_ _a\"> </span>come <span class=\"_\"> </span>nell\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ecedente, <span class=\"_ _a\"> </span>non <span class=\"_ _a\"> </span>si <span class=\"_\"> </span>registrano <span class=\"_ _a\"> </span>proventi finanziari non r<span class=\"_ _0\"></span>icorrenti da r<span class=\"_ _0\"></span>inuncia al deb<span class=\"_ _0\"></span>ito bancario. <span class=\"_ _0\"></span> Rettifiche di valore di cred<span class=\"_ _0\"></span>iti finanziari Nell\u2019esercizio n<span class=\"_ _0\"></span>on sono state r<span class=\"_ _0\"></span>egistrate rettific<span class=\"_ _0\"></span>he di valo<span class=\"_ _0\"></span>re ai crediti finanz<span class=\"_ _0\"></span>iari. Oneri finanziari (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Verso altriInteressi<span class=\"_ _0\"></span> su de<span class=\"_ _0\"></span>biti banc<span class=\"_ _0\"></span>ari654678Interessi<span class=\"_ _0\"></span> su al<span class=\"_ _0\"></span>tri debiti1.350908Oneri di a<span class=\"_ _0\"></span>ttualizzazione e<span class=\"_ _0\"></span> rettifich<span class=\"_ _0\"></span>e di valo<span class=\"_ _0\"></span>re60216Altri oneri<span class=\"_ _0\"></span> finan<span class=\"_ _0\"></span>ziari133-Totale one<span class=\"_ _0\"></span>ri finanziari2.1971.802Negli <span class=\"_ _1\"> </span>\u201cinteres<span class=\"_ _0\"></span>si <span class=\"_ _1\"> </span>su <span class=\"_ _1\"> </span>altri <span class=\"_ _1\"> </span>debit<span class=\"_ _0\"></span>i\u201d <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>stati <span class=\"_ _1\"> </span>regis<span class=\"_ _0\"></span>trati <span class=\"_ _1\"> </span>798 <span class=\"_\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _1\"> </span>per finanziamenti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>lease. <span class=\"_ _d\"></span>La <span class=\"_ _d\"></span>voce <span class=\"_ _d\"></span>\u201cInteress<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>su <span class=\"_ _d\"></span>altri <span class=\"_ _d\"></span>debiti\u201d <span class=\"_ _d\"></span>comprende<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>tres\u00ec, <span class=\"_ _d\"></span>486 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di Euro <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>inter<span class=\"_ _0\"></span>essi <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>u <span class=\"_ _a\"> </span>o<span class=\"_ _0\"></span>peraz<span class=\"_ _0\"></span>ioni <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>factoring<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _a\"> </span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _b\"> </span>ed <span class=\"_ _b\"> </span>interessi <span class=\"_ _b\"> </span>derivanti dall\u2019applicazion<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>llo I<span class=\"_ _0\"></span>AS <span class=\"_ _0\"></span>19 <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollata Zuckids per 21 <span class=\"_ _0\"></span>migliaia di <span class=\"_ _0\"></span>Euro. Nella <span class=\"_\"> </span>voce\u201d <span class=\"_\"> </span>Oneri <span class=\"_\"> </span>di <span class=\"_\"> </span>attualizzazione<span class=\"_ _0\"></span> <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>ret<span class=\"_ _0\"></span>tifiche <span class=\"_\"> </span>di <span class=\"_\"> </span>valore\u201d <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>registrato <span class=\"_\"> </span>l\u2019ammortament<span class=\"_ _0\"></span>o finanziario d<span class=\"_ _0\"></span>el costo ammor<span class=\"_ _0\"></span>tizzato relat<span class=\"_ _0\"></span>ivo al nuovo f<span class=\"_ _0\"></span>inanziamento d<span class=\"_ _0\"></span>ella Capogrup<span class=\"_ _0\"></span>po. Differenze cambio (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2<span class=\"_ _0\"></span>021Differenze c<span class=\"_ _0\"></span>ambio att<span class=\"_ _0\"></span>ive(741)(267)DIfferenze ca<span class=\"_ _0\"></span>mbio pa<span class=\"_ _0\"></span>ssive881319Totale diffe<span class=\"_ _0\"></span>renze cam<span class=\"_ _0\"></span>bio14052Le <span class=\"_ _e\"> </span>differ<span class=\"_ _0\"></span>enze <span class=\"_ _f\"> </span>cambio <span class=\"_ _e\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>3<span class=\"_ _0\"></span>1 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _f\"> </span>2022 <span class=\"_ _e\"> </span>h<span class=\"_ _0\"></span>anno <span class=\"_ _f\"> </span>registrato <span class=\"_ _f\"> </span>un <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span>ffetto <span class=\"_ _f\"> </span>negativo <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>140 migliaia di E<span class=\"_ _0\"></span>uro rispetto ad <span class=\"_ _0\"></span>un saldo negativo <span class=\"_ _0\"></span>di 52 mi<span class=\"_ _0\"></span>gliaia di Euro<span class=\"_ _0\"></span> dell\u2019anno prec<span class=\"_ _0\"></span>edente.<span class=\"_ _0\"></span> Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Totale (provent<span class=\"_ _0\"></span>i) oneri f<span class=\"_ _0\"></span>inanziari <span class=\"_ _0\"></span>netti2.2101.638Nota 35 ONERI E PROVENTI DA PARTECIPAZIONI<span class=\"fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Dividendi--Minusvalenza su al<span class=\"_ _0\"></span>ienazione<span class=\"_ _0\"></span> partecipazi<span class=\"_ _0\"></span>oni----Nell\u2019esercizio <span class=\"_ _5\"></span>2<span class=\"_ _0\"></span>022 <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>stati <span class=\"_ _5\"></span>registra<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>prov<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>part<span class=\"_ _0\"></span>ecipazione <span class=\"_ _e\"> </span>cos\u00ec <span class=\"_ _5\"></span>come nell\u2019esercizio pr<span class=\"_ _0\"></span>ecedente. Nota 36 IMPOSTE SUL REDDITO<span class=\"fs2 fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Imposte <span class=\"_ _0\"></span>corren<span class=\"_ _0\"></span>ti2.5332.044Imposte <span class=\"_ _0\"></span>antici<span class=\"_ _0\"></span>pate518(97)Imposte <span class=\"_ _0\"></span>diffe<span class=\"_ _0\"></span>rite (702)(1.765)2.349182Le <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _3\"></span>correnti, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>circa<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>2.53<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>ituite <span class=\"_ _3\"></span>principalmente <span class=\"_ _3\"></span>dalle imposte <span class=\"_ _5\"></span>accant<span class=\"_ _0\"></span>onate, <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>parte <span class=\"_ _e\"> </span>versate, <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _5\"> </span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _5\"></span>(1<span class=\"_ _0\"></span>88 <span class=\"_ _5\"></span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>Eur<span class=\"_ _0\"></span>o) <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lle controllate <span class=\"_ _d\"></span>Descamps <span class=\"_ _d\"></span>S.A.S. <span class=\"_ _d\"></span>(170 <span class=\"_ _d\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro), <span class=\"_ _d\"></span>Bassetti <span class=\"_ _3\"></span>D<span class=\"_ _0\"></span>eutsch<span class=\"_ _0\"></span>land <span class=\"_ _d\"></span>G.m.b.H. <span class=\"_ _d\"></span>(1.834<span class=\"_ _0\"></span> migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro), <span class=\"_ _3\"></span>Ba<span class=\"_ _2\"></span>ssetti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Schw<span class=\"_ _0\"></span>eiz <span class=\"_ _3\"></span>A.G. <span class=\"_ _3\"></span>(302 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro)<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>Basital<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>S.r.l. <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>39 <span class=\"_ _3\"></span>migliaia di Euro).  Sono <span class=\"_\"> </span>state <span class=\"_ _1\"> </span>rilevate <span class=\"_\"> </span>variazioni <span class=\"_\"> </span>delle <span class=\"_\"> </span>imposte <span class=\"_ _1\"> </span>differ<span class=\"_ _0\"></span>ite <span class=\"_\"> </span>attive <span class=\"_ _1\"> </span>e/o <span class=\"_\"> </span>passive <span class=\"_\"> </span>considerando <span class=\"_\"> </span>le differenze <span class=\"_ _f\"> </span>temporane<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>daranno <span class=\"_ _f\"> </span>luogo <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>ammontar<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>imponibili <span class=\"_ _f\"> </span>nella <span class=\"_ _f\"> </span>deter<span class=\"_ _0\"></span>minazione dell\u2019utile <span class=\"_ _e\"> </span>impo<span class=\"_ _0\"></span>nibile <span class=\"_ _e\"> </span>(o <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _e\"> </span>perdita <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>iscale) <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>futuri <span class=\"_ _e\"> </span>es<span class=\"_ _0\"></span>ercizi <span class=\"_ _e\"> </span>nei <span class=\"_ _e\"> </span>qua<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>conta<span class=\"_ _0\"></span>bile dell\u2019attivit\u00e0 o pas<span class=\"_ _0\"></span>sivit\u00e0 sar\u00e0 r<span class=\"_ _0\"></span>ecuperato o p<span class=\"_ _0\"></span>agato. Non <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>stat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _5\"></span>sulle <span class=\"_ _5\"></span>riserve <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>u<span class=\"_ _0\"></span>tili <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>istribuiti <span class=\"_ _5\"></span>dalle <span class=\"_ _5\"></span>controllate, dal <span class=\"_ _3\"></span>momento <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>ruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>control<span class=\"_ _0\"></span>lare <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>tempistiche<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>dett<span class=\"_ _0\"></span>e riserve ed \u00e8 prob<span class=\"_ _0\"></span>abile che <span class=\"_ _0\"></span>non siano distr<span class=\"_ _0\"></span>ibuite nel prev<span class=\"_ _0\"></span>edibile futuro.<span class=\"_ _0\"></span> In <span class=\"_ _3\"></span>fase <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>olidamento, <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>stat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>levate <span class=\"_ _d\"></span>variazioni <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>impos<span class=\"_ _0\"></span>te <span class=\"_ _d\"></span>differite <span class=\"_ _d\"></span>relative <span class=\"_ _5\"></span>alle scritture effettuate.<span class=\"_ _0\"></span> Per le variaz<span class=\"_ _0\"></span>ioni delle impo<span class=\"_ _0\"></span>ste anticipate <span class=\"_ _0\"></span>e differite si<span class=\"_ _0\"></span> rinvia alla No<span class=\"_ _0\"></span>ta 23. La <span class=\"_ _d\"></span>differ<span class=\"_ _0\"></span>enza <span class=\"_ _d\"></span>tra<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>on<span class=\"_ _0\"></span>ere <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>iscale <span class=\"_ _5\"></span>iscritto <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>l\u2019oner<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>fiscale <span class=\"_ _5\"> </span>teor<span class=\"_ _0\"></span>ico <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>princ<span class=\"_ _0\"></span>ipalmente riferita <span class=\"_ _e\"> </span>all\u2019utilizzo <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>perdite <span class=\"_ _e\"> </span>fiscali <span class=\"_ _e\"> </span>portate <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>nuovo <span class=\"_ _e\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Capogruppo <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>fronte <span class=\"_ _e\"> </span>dell<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>quali, nell\u2019esercizio pr<span class=\"_ _0\"></span>ecedente, n<span class=\"_ _0\"></span>on erano state at<span class=\"_ _0\"></span>tivate imp<span class=\"_ _0\"></span>oste anticipate<span class=\"_ _0\"></span> Nota 37 DIVIDENDI<span class=\"fs2 fc5\"> </span>Relativamente <span class=\"_ _a\"> </span>all\u2019esercizio <span class=\"_\"> </span>2022<span class=\"_ _0\"></span> <span class=\"_\"> </span>viene <span class=\"_\"> </span>propos<span class=\"_ _0\"></span>ta <span class=\"_\"> </span>all\u2019As<span class=\"_ _0\"></span>semblea <span class=\"_\"> </span>ord<span class=\"_ _0\"></span>inaria <span class=\"_\"> </span>degl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>azionist<span class=\"_ _0\"></span>i, convocata <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>giorno <span class=\"_ _3\"></span>5 <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>2023<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>distribuzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>divi<span class=\"_ _0\"></span>dendo <span class=\"_ _3\"></span>ordinario,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mediante utilizzo <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>parte <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>esercizio <span class=\"_ _e\"> </span>20<span class=\"_ _0\"></span>22, <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>importo <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mplessiv<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a circa <span class=\"_ _e\"> </span>3 <span class=\"_ _f\"> </span>milioni <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _f\"> </span>corrispondente <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>0,1184 <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>cias<span class=\"_ _0\"></span>cuna <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>n. <span class=\"_ _e\"> </span>25.331.766 <span class=\"_ _e\"> </span>az<span class=\"_ _0\"></span>ioni ordinarie in circ<span class=\"_ _0\"></span>olazione. Si ricorda <span class=\"_ _0\"></span>che, <span class=\"_ _0\"></span>in data 3 <span class=\"_ _0\"></span>feb<span class=\"_ _0\"></span>braio 202<span class=\"_ _0\"></span>2, l\u2019Assem<span class=\"_ _0\"></span>blea or<span class=\"_ _0\"></span>dinaria d<span class=\"_ _0\"></span>egli azion<span class=\"_ _0\"></span>isti ha ap<span class=\"_ _0\"></span>provato l<span class=\"_ _0\"></span>a distribuzione <span class=\"_\"> </span>d<span class=\"_ _2\"></span>i <span class=\"_ _1\"> </span>un <span class=\"_ _1\"> </span>divi<span class=\"_ _0\"></span>dendo, <span class=\"_ _1\"> </span>mediante<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>utilizzo <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>serve <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>capita<span class=\"_ _0\"></span>le <span class=\"_ _1\"> </span>disponibi<span class=\"_ _0\"></span>li, <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>un importo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mplessivo <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>circa <span class=\"_ _0\"></span>2.898<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>stato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>posto <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>amento <span class=\"_ _3\"></span>il 9 febbraio 2022.<span class=\"_ _0\"></span> Inoltre, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativamente <span class=\"_ _3\"></span>all\u2019esercizio <span class=\"_ _3\"></span>2021, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>giorno <span class=\"_ _0\"></span>28 <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>prile <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>l\u2019Assemb<span class=\"_ _0\"></span>lea <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>naria <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>gli azionisti <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>approvato <span class=\"_\"> </span>la <span class=\"_\"> </span>distribuz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>di <span class=\"_\"> </span>un<span class=\"_ _0\"></span> <span class=\"_\"> </span>divide<span class=\"_ _0\"></span>ndo, <span class=\"_\"> </span>mediante<span class=\"_ _0\"></span> <span class=\"_\"> </span>utilizzo <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>una <span class=\"_\"> </span>parte dell\u2019utile <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ercizio <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>complessivo <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>6.001 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia di Euro che \u00e8 s<span class=\"_ _0\"></span>tato posto <span class=\"_ _0\"></span>in pagamento il<span class=\"_ _0\"></span> 4 maggio 20<span class=\"_ _0\"></span>22. Si <span class=\"_ _0\"></span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>i<span class=\"_ _2\"></span>nfine <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>l\u2019As<span class=\"_ _0\"></span>semblea <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>naria <span class=\"_ _3\"></span>degli <span class=\"_ _0\"></span>azionisti, <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>iorno <span class=\"_ _0\"></span>22 <span class=\"_ _3\"></span>dicembre <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>022, <span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>a approvato <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _b\"> </span>distribuzione<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>un <span class=\"_ _b\"> </span>div<span class=\"_ _0\"></span>idendo, <span class=\"_ _14\"> </span>median<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>utilizzo <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>par<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>riserve<span class=\"_ _0\"></span> disponibili, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _0\"></span>comples<span class=\"_ _0\"></span>sivo <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cir<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>2.101 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>stato <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to in pagamento <span class=\"_ _0\"></span>in data 29 dic<span class=\"_ _0\"></span>embre 2022. Nota 38 UTILE (PERDITA) PER AZIONE Utile (perdita) per azione base Il calcolo degli ut<span class=\"_ _0\"></span>ili (perdite)<span class=\"_ _0\"></span> per azione di <span class=\"_ _0\"></span>base e diluito<span class=\"_ _0\"></span> \u00e8 basato su<span class=\"_ _0\"></span>i seguenti d<span class=\"_ _0\"></span>ati:  (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Utile (perd<span class=\"_ _0\"></span>ita) attri<span class=\"_ _0\"></span>buibile<span class=\"_ _0\"></span> agli azio<span class=\"_ _0\"></span>nisti3.0705.302Media pondera<span class=\"_ _0\"></span>ta azioni o<span class=\"_ _0\"></span>rdinarie eme<span class=\"_ _0\"></span>sse (<span class=\"_ _0\"></span>in '000)25.33<span class=\"_ _0\"></span>2<span class=\"_ _58\"> </span>25.332Utile (perd<span class=\"_ _0\"></span>ita) per azio<span class=\"_ _0\"></span>ne base0,1210,209Utile (perdita) per azione diluito (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Utile (perd<span class=\"_ _0\"></span>ita) attri<span class=\"_ _0\"></span>buibile<span class=\"_ _0\"></span> agli azio<span class=\"_ _0\"></span>nisti per<span class=\"_ _0\"></span> determin<span class=\"_ _0\"></span>are l'utile<span class=\"_ _0\"></span> (perdi<span class=\"_ _0\"></span>ta) per azio<span class=\"_ _0\"></span>ne diluito3.070<span class=\"_ _7a\"> </span>5<span class=\"_ _0\"></span>.302Azioni ordin<span class=\"_ _0\"></span>arie eme<span class=\"_ _0\"></span>sse per<span class=\"_ _0\"></span> il cal<span class=\"_ _0\"></span>colo de<span class=\"_ _0\"></span>ll'utile<span class=\"_ _0\"></span> (perdita) p<span class=\"_ _0\"></span>er azione d<span class=\"_ _0\"></span>iluit<span class=\"_ _0\"></span>o (in '000)25.33<span class=\"_ _0\"></span>2<span class=\"_ _17a\"></span>                   <span class=\"_ _0\"></span> <span class=\"_ _195\"> </span>25.3<span class=\"_ _0\"></span>32<span class=\"_ _17b\"></span>      <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> Utile (perd<span class=\"_ _0\"></span>ita) per azio<span class=\"_ _0\"></span>ne dilui<span class=\"_ _0\"></span>to0,1210,209Nota 39 RAPPORTI CON PARTI CORRELATE<span class=\"fs2 fc5\"> </span>Secondo <span class=\"_ _3\"></span>quanto <span class=\"_ _3\"></span>dispost<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>dallo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>24 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>deliber<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Consob <span class=\"_ _3\"></span>15519 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>27 <span class=\"_ _3\"></span>lug<span class=\"_ _0\"></span>lio <span class=\"_ _3\"></span>2006, <span class=\"_ _3\"></span>i rapporti <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span>ervenuti <span class=\"_ _d\"></span>nel <span class=\"_ _d\"></span>cors<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>022, <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>egolati <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>ormali <span class=\"_ _3\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>merc<span class=\"_ _0\"></span>ato, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ondizioni equivalenti <span class=\"_ _13\"> </span>a <span class=\"_ _11\"> </span>qu<span class=\"_ _0\"></span>elle <span class=\"_ _11\"> </span>pre<span class=\"_ _0\"></span>valenti <span class=\"_ _13\"> </span>in <span class=\"_ _11\"> </span>liber<span class=\"_ _0\"></span>e <span class=\"_ _11\"> </span>tra<span class=\"_ _0\"></span>nsazioni <span class=\"_ _13\"> </span>tra <span class=\"_ _13\"> </span>parti <span class=\"_ _13\"> </span>indipendenti <span class=\"_ _13\"> </span>e <span class=\"_ _13\"> </span>riferiti principalmente <span class=\"_ _f\"> </span>ai <span class=\"_ _e\"> </span>rapporti <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>socie<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _e\"> </span>collegate<span class=\"_ _0\"></span>, <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>tati <span class=\"_ _e\"> </span>ev<span class=\"_ _0\"></span>idenziati <span class=\"_ _e\"> </span>neg<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>sc<span class=\"_ _0\"></span>hemi <span class=\"_ _e\"> </span>di bilancio e nel r<span class=\"_ _0\"></span>endiconto f<span class=\"_ _0\"></span>inanziario. Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>amps <span class=\"_ _0\"></span>S.A.S.,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>gi\u00e0 <span class=\"_ _3\"></span>evidenziato, <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>22 <span class=\"_ _3\"></span>luglio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>\u00e8 stata <span class=\"_ _e\"> </span>interam<span class=\"_ _0\"></span>ente <span class=\"_ _f\"> </span>acquisita <span class=\"_ _e\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Vince<span class=\"_ _0\"></span>nzo <span class=\"_ _e\"> </span>Zucc<span class=\"_ _0\"></span>hi <span class=\"_ _e\"> </span>S<span class=\"_ _0\"></span>.p.A. <span class=\"_ _e\"> </span>div<span class=\"_ _0\"></span>enendo <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>ntrollata <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>100%, conseguente<span class=\"_ _0\"></span>mente <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>valori <span class=\"_ _a\"> </span>esposti <span class=\"_ _a\"> </span>nelle <span class=\"_ _a\"> </span>tabelle <span class=\"_ _a\"> </span>sottost<span class=\"_ _0\"></span>anti <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>riferiti <span class=\"_ _a\"> </span>alle <span class=\"_ _a\"> </span>operazion<span class=\"_ _0\"></span>i effettuate <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ecedenza.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>A <span class=\"_ _0\"></span>far<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>dall\u2019acquisizione,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _3\"></span>S.A.S. <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidata integralmente <span class=\"_ _e\"> </span>nel <span class=\"_ _f\"> </span>bilancio <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>Gruppo <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>elative <span class=\"_ _e\"> </span>tr<span class=\"_ _0\"></span>ansazioni <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>sa<span class=\"_ _0\"></span>ldi <span class=\"_ _e\"> </span>patrimonia<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono stati elisi nell\u2019am<span class=\"_ _0\"></span>bito del pro<span class=\"_ _0\"></span>cesso di consoli<span class=\"_ _0\"></span>damento.<span class=\"_ _0\"></span> Di <span class=\"_ _a\"> </span>segui<span class=\"_ _0\"></span>to <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>riporta<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>tab<span class=\"_ _0\"></span>ella <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ettaglio <span class=\"_ _b\"> </span>dell\u2019incidenz<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>delle <span class=\"_ _b\"> </span>oper<span class=\"_ _0\"></span>azioni <span class=\"_ _b\"> </span>con <span class=\"_ _a\"> </span>par<span class=\"_ _0\"></span>ti correlate <span class=\"_ _3\"></span>sulla <span class=\"_ _0\"></span>situaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>patrimoniale <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>sul <span class=\"_ _3\"></span>risultato <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po; <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riporta <span class=\"_ _3\"></span>inoltre una tabella d<span class=\"_ _0\"></span>i dettaglio dei r<span class=\"_ _0\"></span>apporti con le s<span class=\"_ _0\"></span>tesse.<span class=\"_ _0\"></span> Oneri e Quota Spese di Costi di Oneri e Costo del<span class=\"_ _0\"></span> Costi di Altri (ricavi) (proventi) (utile) Vendite nettevendita e pubblici<span class=\"_ _0\"></span>t\u00e0 e (proventi) vendutostrutturae costida perdita distribuzionepromozionefinanziari(in migliaia di Euro)partecipaz.collegateSociet\u00e0 controllant<span class=\"_ _0\"></span>eZucchi S.p.A<span class=\"_ _0\"></span>.             <span class=\"_ _0\"></span>      -   <span class=\"_ _a\"> </span>                       <span class=\"_ _0\"></span>-   <span class=\"_ _f\"> </span>         <span class=\"_ _0\"></span>          -   <span class=\"_ _199\"> </span>              <span class=\"_ _0\"></span>     -   <span class=\"_ _1\"> </span>                 -   (1)(29)              <span class=\"_ _0\"></span> -                <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>A              <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>        -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>   -   (1)(29)               <span class=\"_ _0\"></span>-                 -   Societ\u00e0 colleg<span class=\"_ _0\"></span>ateIntesa              <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>     276               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>    2               <span class=\"_ _0\"></span>-              <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -                 <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>        -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>   -                 <span class=\"_ _0\"></span>-              <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   B              <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>     276               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>    2               <span class=\"_ _0\"></span>-              <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   Altre parti correlateDescamps              7.<span class=\"_ _0\"></span>484                <span class=\"_ _0\"></span>     543               <span class=\"_ _0\"></span>  101               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>  40 (604)           <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   C             7.<span class=\"_ _0\"></span>484                <span class=\"_ _0\"></span>     543               <span class=\"_ _0\"></span>  101               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>  40 (604)           <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   Totale A+B+C             7.<span class=\"_ _0\"></span>484                <span class=\"_ _0\"></span>     819               <span class=\"_ _0\"></span>  101               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>  42 (605)(29)               <span class=\"_ _0\"></span>-                 -   Totale a bilan<span class=\"_ _0\"></span>cio         113.88<span class=\"_ _0\"></span>5                <span class=\"_ _0\"></span>51.422            39.33<span class=\"_ _0\"></span>9              <span class=\"_ _0\"></span>1.354          14.<span class=\"_ _0\"></span>222 (928)           <span class=\"_ _0\"></span> 2.210                <span class=\"_ _0\"></span>-                 -   Incidenza %6,57%1,59%0,26%              <span class=\"_ _0\"></span>     -   0,30%65,19%-1,31%               <span class=\"_ _0\"></span>-                 -   Debiti Crediti Crediti fi<span class=\"_ _0\"></span>nanziari<span class=\"_ _19a\"> </span>Altri cre<span class=\"_ _0\"></span>diticommerc<span class=\"_ _0\"></span>iali e commerci<span class=\"_ _0\"></span>alialtri debit<span class=\"_ _0\"></span>i(in migliaia di Euro)Societ\u00e0 cont<span class=\"_ _0\"></span>rollanteZucchi S.<span class=\"_ _0\"></span>p.A.          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -   <span class=\"_ _a\"> </span>       <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   -                        <span class=\"_ _0\"></span>   2               <span class=\"_ _0\"></span>         - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>A          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -   <span class=\"_ _a\"> </span>       <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   -                        <span class=\"_ _0\"></span>   2               <span class=\"_ _0\"></span>         - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Societ\u00e0 col<span class=\"_ _0\"></span>legateIntesa          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>        64 B          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>        64 Altre parti correlateAstrance <span class=\"_ _0\"></span>S.A.S.5              <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -   13Astrance <span class=\"_ _0\"></span>S.A.              <span class=\"_ _0\"></span>        50 C5              <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -   63Totale A+B+C5              <span class=\"_ _0\"></span>         -   2127Totale a bila<span class=\"_ _0\"></span>ncio12.712              <span class=\"_ _0\"></span>         -   8.92140.538Incidenza %0,04%              <span class=\"_ _0\"></span>         -   0,02%0,31%Si <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>invia <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ntenuto <span class=\"_ _d\"></span>nelle <span class=\"_ _d\"></span>Note <span class=\"_ _d\"></span>6.2 <span class=\"_ _d\"></span>relativam<span class=\"_ _0\"></span>ente <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>credito <span class=\"_ _d\"></span>nei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>confr<span class=\"_ _0\"></span>onti delle parti corr<span class=\"_ _0\"></span>elate. Flusso<span class=\"_ _0\"></span> di cassa<span class=\"_ _0\"></span> Flusso<span class=\"_ _0\"></span> di cassa<span class=\"_ _0\"></span> Flusso<span class=\"_ _0\"></span> di cas<span class=\"_ _0\"></span>sa generato/as<span class=\"_ _0\"></span>sorbito <span class=\"_ _0\"></span>dalle attivit<span class=\"_ _0\"></span>\u00e0 generato<span class=\"_ _0\"></span>/assorbito <span class=\"_ _0\"></span>dalle generato/as<span class=\"_ _0\"></span>sorbito da<span class=\"_ _0\"></span>lle operativeattivit\u00e0 di fi<span class=\"_ _0\"></span>nanziamen<span class=\"_ _0\"></span>toattivit\u00e0 <span class=\"_ _0\"></span>di investim<span class=\"_ _0\"></span>ento(in migli<span class=\"_ _0\"></span>aia di <span class=\"_ _0\"></span>Euro)Societ\u00e0 contr<span class=\"_ _0\"></span>ollanteZucchi<span class=\"_ _0\"></span> S.p.A.         <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>         1.<span class=\"_ _0\"></span>235 (9.131<span class=\"_ _0\"></span>)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>A         <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>         1.<span class=\"_ _0\"></span>235 (9.131<span class=\"_ _0\"></span>)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Societ\u00e0 coll<span class=\"_ _0\"></span>egateIntesa(258)         <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>          - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>B(258)         <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>          - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Altre parti correlateAstrance<span class=\"_ _0\"></span> Capital S.A.(4.255)<span class=\"_ _dd\"> </span>(<span class=\"_ _0\"></span>767)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>C(4.255)<span class=\"_ _dd\"> </span>(<span class=\"_ _0\"></span>767)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Totale A+B+C(3.278)<span class=\"_ _c8\"> </span>(9.898)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Totale voce            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>    16.191<span class=\"_ _0\"></span> (2.412)<span class=\"_ _9d\"> </span>(22.913<span class=\"_ _0\"></span>)Incidenza perc<span class=\"_ _0\"></span>entual<span class=\"_ _0\"></span>e-20,2%<span class=\"_ _f7\"> </span>41<span class=\"_ _0\"></span>0,4%            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>In <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>erito <span class=\"_\"> </span>ad <span class=\"_\"> </span>alt<span class=\"_ _2\"></span>re <span class=\"_\"> </span>informazioni<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>circa<span class=\"_ _0\"></span> <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>correla<span class=\"_ _0\"></span>te <span class=\"_\"> </span>si <span class=\"_\"> </span>rin<span class=\"_ _2\"></span>via <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>q<span class=\"_ _0\"></span>uanto <span class=\"_\"> </span>esposto <span class=\"_\"> </span>nella Relazione sulla <span class=\"_ _0\"></span>gestione.<span class=\"_ _0\"></span> Nota 40 EVENTI ED OPERAZIONI SIGNIFICATIVE NON RICORRENTI Sulla <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>qu<span class=\"_ _0\"></span>anto <span class=\"_ _5\"></span>indicato <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>alla <span class=\"_ _5\"></span>delibera <span class=\"_ _5\"></span>C<span class=\"_ _0\"></span>onsob <span class=\"_ _5\"> </span>N.155<span class=\"_ _0\"></span>19 <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>27 <span class=\"_ _5\"> </span>luglio <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>06 <span class=\"_ _5\"></span>veng<span class=\"_ _0\"></span>ono riportate <span class=\"_\"> </span>di <span class=\"_\"> </span>seguito <span class=\"_\"> </span>gli <span class=\"_\"> </span>effetti <span class=\"_\"> </span>delle <span class=\"_\"> </span>\u201cOperazioni <span class=\"_\"> </span>significat<span class=\"_ _0\"></span>ive <span class=\"_\"> </span>non <span class=\"_\"> </span>ricorrenti\u201d <span class=\"_\"> </span>nell\u2019esercizio 2022. Isolando <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>\u2019effetto <span class=\"_ _5\"></span>della <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ilevazione <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>provent<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ed <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>ricorren<span class=\"_ _0\"></span>ti, <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>risultato <span class=\"_ _5\"></span>operativo delle attivit\u00e0 r<span class=\"_ _0\"></span>icorrenti \u00e8 <span class=\"_ _0\"></span>il seguente: (in migliaia di E<span class=\"_ _0\"></span>uro)2021<span class=\"_ _190\"></span>2022Vendite n<span class=\"_ _0\"></span>ette113.8<span class=\"_ _0\"></span>8598.713Risultat<span class=\"_ _0\"></span>o operativo (<span class=\"_ _0\"></span>EBIT)7.6297.122Risultat<span class=\"_ _0\"></span>o operativo (<span class=\"_ _0\"></span>EBIT)%6,7%7,2%Proventi ed <span class=\"_ _0\"></span>oneri non<span class=\"_ _0\"></span> ricorrenti<span class=\"_ _0\"></span> e di <span class=\"_ _0\"></span>ristrutt.3.0343.788Risultat<span class=\"_ _0\"></span>o operativo (<span class=\"_ _0\"></span>EBIT) delle at<span class=\"_ _0\"></span>tivit\u00e0 correnti 10.66<span class=\"_ _0\"></span>3<span class=\"_ _17a\"></span>                   <span class=\"_ _0\"></span> <span class=\"_ _195\"> </span>10.9<span class=\"_ _0\"></span>10<span class=\"_ _17b\"></span>      <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> Risultat<span class=\"_ _0\"></span>o operativo (<span class=\"_ _0\"></span>EBIT) delle at<span class=\"_ _0\"></span>tivit\u00e0 correnti <span class=\"_ _0\"></span>%9,4%<span class=\"_ _eb\"> </span>11,1%Si riportano di segu<span class=\"_ _0\"></span>ito gli ef<span class=\"_ _0\"></span>fetti sul risulta<span class=\"_ _0\"></span>to netto de<span class=\"_ _0\"></span>ll\u2019esercizio di ta<span class=\"_ _0\"></span>li operazioni:<span class=\"_ _0\"></span> (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _19c\"> </span>2021Vendite(412)Costo del<span class=\"_ _0\"></span> venduto<span class=\"_ _19b\"> </span>223<span class=\"_ _17a\"></span>            <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _f7\"> </span>2.50<span class=\"_ _0\"></span>9<span class=\"_ _17b\"></span>           <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   Spese di<span class=\"_ _0\"></span> vendita e <span class=\"_ _0\"></span>distri<span class=\"_ _0\"></span>buzione1.406350Costi di<span class=\"_ _0\"></span> struttur<span class=\"_ _0\"></span>a30676Altri cost<span class=\"_ _0\"></span>i e (ri<span class=\"_ _0\"></span>cavi)664472Oneri (proven<span class=\"_ _0\"></span>ti) di rist<span class=\"_ _0\"></span>rutturazione847381(Proventi) fin<span class=\"_ _0\"></span>anziari  rinu<span class=\"_ _0\"></span>ncia al<span class=\"_ _0\"></span> debito<span class=\"_ _0\"></span> bancari<span class=\"_ _0\"></span>o--Risul<span class=\"_ _0\"></span>tato lordo(3.034)(3.788)Effetto fi<span class=\"_ _0\"></span>scale(101)(117)Effetto tota<span class=\"_ _0\"></span>le(2.933)(3.671)Risul<span class=\"_ _0\"></span>tato netto d<span class=\"_ _0\"></span>elle atti<span class=\"_ _0\"></span>vit\u00e03.0705.302Incid<span class=\"_ _0\"></span>enza (%)(95,54%)(69,24%)I <span class=\"_ _1\"> </span>ricavi <span class=\"_ _1\"> </span>non <span class=\"_ _f\"> </span>ric<span class=\"_ _0\"></span>orrenti <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>iscono <span class=\"_ _1\"> </span>interamente <span class=\"_ _1\"> </span>alle <span class=\"_\"> </span>ven<span class=\"_ _2\"></span>dite <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>negozi <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>contr<span class=\"_ _0\"></span>ollata Zuckids S.r.l. c<span class=\"_ _0\"></span>he sono stat<span class=\"_ _0\"></span>i ceduti nel m<span class=\"_ _0\"></span>ese di novem<span class=\"_ _0\"></span>bre 2022.<span class=\"_ _0\"></span> Gli <span class=\"_ _1\"> </span>oneri <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_ _1\"> </span>ricorrenti <span class=\"_ _1\"> </span>nel <span class=\"_ _1\"> </span>costo <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>venduto <span class=\"_ _1\"> </span>riguardano <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>svalutazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _1\"> </span>valore <span class=\"_ _1\"> </span>del terreno <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>G<span class=\"_ _0\"></span>alliate <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>7 <span class=\"_ _5\"></span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>Euro, <span class=\"_ _5\"></span>effett<span class=\"_ _0\"></span>uata <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ell\u2019ambito<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019applicazione <span class=\"_ _5\"></span>dello <span class=\"_ _5\"></span>IAS 36. <span class=\"_ _a\"> </span>Sono <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ompresi <span class=\"_ _a\"> </span>inoltre<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>l<span class=\"_ _2\"></span>\u2019importo <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>211 <span class=\"_ _a\"> </span>migliaia <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _a\"> </span>gli <span class=\"_ _a\"> </span>oneri <span class=\"_\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _a\"> </span>alla variazione <span class=\"_\"> </span>d<span class=\"_ _2\"></span>elle <span class=\"_ _1\"> </span>rimanenz<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>control<span class=\"_ _0\"></span>lata <span class=\"_ _1\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>S.r.l. <span class=\"_ _1\"> </span>derivanti<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>dall\u2019applicaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>del principio <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS <span class=\"_ _3\"></span>3 <span class=\"_ _3\"></span>\u2013 <span class=\"_ _3\"></span>Business <span class=\"_ _3\"></span>combinat<span class=\"_ _0\"></span>ion <span class=\"_ _3\"></span>\u2013 <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>gi\u00e0 <span class=\"_ _3\"></span>evidenz<span class=\"_ _0\"></span>iato <span class=\"_ _3\"></span>nella<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Relazione dell\u2019esercizio <span class=\"_ _d\"></span>precede<span class=\"_ _0\"></span>nte, <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>cui <span class=\"_ _d\"></span>si <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imanda. <span class=\"_ _3\"></span>Le <span class=\"_ _d\"></span>rest<span class=\"_ _0\"></span>anti <span class=\"_ _d\"></span>5 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferisc<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>ag<span class=\"_ _0\"></span>li acquisti di prodott<span class=\"_ _0\"></span>i relativi a<span class=\"_ _0\"></span>i negozi della contr<span class=\"_ _0\"></span>ollata Z<span class=\"_ _0\"></span>uckids<span class=\"_ _0\"></span> S.r.l. che sono stat<span class=\"_ _0\"></span>i ceduti.<span class=\"_ _0\"></span> La <span class=\"_ _8\"> </span>voce <span class=\"_ _9\"> </span>\u201cspese <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>vendi<span class=\"_ _0\"></span>ta <span class=\"_ _8\"> </span>e <span class=\"_ _9\"> </span>distri<span class=\"_ _0\"></span>buzione\u201d <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>mprende<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>le <span class=\"_ _9\"> </span>imposte <span class=\"_ _9\"> </span>TASI/T<span class=\"_ _0\"></span>ARI <span class=\"_ _9\"> </span>della Capogruppo <span class=\"_ _d\"></span>riferite <span class=\"_ _d\"></span>ad <span class=\"_ _d\"></span>anni <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>edenti <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>135 <span class=\"_ _d\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>costi <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>ontaggio <span class=\"_ _d\"></span>di un <span class=\"_ _d\"></span>nuovo <span class=\"_ _d\"></span>impianto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _d\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>285 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ommission<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>sostenute dalla <span class=\"_ _e\"> </span>Capogruppo <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>l\u2019ap<span class=\"_ _0\"></span>ertura <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>nuovi <span class=\"_ _e\"> </span>negozi, <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>77 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro. <span class=\"_ _e\"> </span>Sono <span class=\"_ _e\"> </span>inclusi inoltre, c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>909<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o rifer<span class=\"_ _0\"></span>iti <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>negozi <span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>la con<span class=\"_ _0\"></span>trollata <span class=\"_ _0\"></span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S.r.l. <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>sono stati ceduti.<span class=\"_ _0\"></span> I <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>truttura <span class=\"_ _d\"></span>includon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>spese <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>ulenza <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>legali <span class=\"_ _d\"></span>sostenut<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> operazioni <span class=\"_ _d\"></span>straordinar<span class=\"_ _0\"></span>ie <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>62 <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>pese <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>revis<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>rel<span class=\"_ _0\"></span>ative <span class=\"_ _d\"></span>ad <span class=\"_ _d\"></span>esercizi precedenti <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>218 <span class=\"_ _d\"></span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro; <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprese <span class=\"_ _3\"></span>inoltre,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>26 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>rifer<span class=\"_ _0\"></span>ite <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla TARI relativa ad<span class=\"_ _0\"></span> esercizi pr<span class=\"_ _0\"></span>ecedenti. Gli <span class=\"_ _1\"> </span>altri <span class=\"_ _f\"> </span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _1\"> </span>non <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>icorrenti <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>riferiscono <span class=\"_ _1\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>ac<span class=\"_ _0\"></span>cantonam<span class=\"_ _0\"></span>enti <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ella controllata <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>relativi <span class=\"_ _a\"> </span>ad <span class=\"_\"> </span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _a\"> </span>straordinarie. <span class=\"_ _a\"> </span>Comprendon<span class=\"_ _0\"></span>o <span class=\"_\"> </span>i<span class=\"_ _0\"></span>noltre, soppravvenienz<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>assive <span class=\"_ _0\"></span>riguardant<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>i n<span class=\"_ _0\"></span>egozi <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trollata Z<span class=\"_ _0\"></span>uckids <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ati ced<span class=\"_ _0\"></span>uti nel mese di nov<span class=\"_ _0\"></span>embre 202<span class=\"_ _0\"></span>2. Gli <span class=\"_ _f\"> </span>on<span class=\"_ _0\"></span>eri <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>ristruttur<span class=\"_ _0\"></span>azione <span class=\"_ _1\"> </span>comprendono <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>mi<span class=\"_ _0\"></span>nusvalenza, <span class=\"_ _1\"> </span>registrata <span class=\"_ _1\"> </span>dalla <span class=\"_ _1\"> </span>Capogruppo, derivante da<span class=\"_ _0\"></span>lla ces<span class=\"_ _0\"></span>sione dell<span class=\"_ _0\"></span>\u2019intero com<span class=\"_ _0\"></span>plesso industr<span class=\"_ _0\"></span>iale di Not<span class=\"_ _0\"></span>aresco <span class=\"_ _0\"></span>pari a 30<span class=\"_ _0\"></span>4 migliaia <span class=\"_ _0\"></span>di Euro. <span class=\"_\"> </span>Sono <span class=\"_\"> </span>incluse <span class=\"_\"> </span>inoltre, <span class=\"_\"> </span>37 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>p<span class=\"_ _2\"></span>er <span class=\"_\"> </span>le <span class=\"_\"> </span>spese <span class=\"_ _1\"> </span>leg<span class=\"_ _0\"></span>ali, <span class=\"_\"> </span>riferite <span class=\"_\"> </span>al <span class=\"_\"> </span>piano <span class=\"_\"> </span>di ristrutturazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>personale <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>incent<span class=\"_ _0\"></span>ivi <span class=\"_ _3\"></span>all\u2019esodo <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>antonati <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>dalle controllate <span class=\"_ _d\"></span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _d\"></span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _d\"></span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>503 <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lli <span class=\"_ _d\"></span>pagati <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>alla Capogruppo p<span class=\"_ _0\"></span>er 3 migliaia <span class=\"_ _0\"></span>di Euro. Si ripor<span class=\"_ _0\"></span>tano d<span class=\"_ _0\"></span>i se<span class=\"_ _0\"></span>guito <span class=\"_ _0\"></span>gli ef<span class=\"_ _0\"></span>fetti sui<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alori patr<span class=\"_ _0\"></span>imoniali <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sui <span class=\"_ _0\"></span>flussi <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>i che <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>operazioni hanno avuto:<span class=\"_ _0\"></span> Valore Valore p<span class=\"_ _0\"></span>atrimoni<span class=\"_ _0\"></span>ale Effetto fin.<span class=\"_ _0\"></span> del Valore econ<span class=\"_ _0\"></span>omicopatrimonial<span class=\"_ _0\"></span>e al al 31.12.20<span class=\"_ _0\"></span>21periodo(in migliaia di Euro)31.12.2<span class=\"_ _0\"></span>022Vendite(412)412Costo de<span class=\"_ _0\"></span>l venduto223---Spese d<span class=\"_ _0\"></span>i vendita e d<span class=\"_ _0\"></span>istribuzion<span class=\"_ _0\"></span>e1.406-(1.406)-Costi di s<span class=\"_ _0\"></span>truttura306(12)<span class=\"_ _cd\"> </span>(306)<span class=\"_ _49\"> </span>(12)Altri cos<span class=\"_ _0\"></span>ti e (rica<span class=\"_ _0\"></span>vi)664-(409)-Oneri (proventi<span class=\"_ _0\"></span>) di rist<span class=\"_ _0\"></span>rutturazione847(742)<span class=\"_ _cd\"> </span>(612)<span class=\"_ _180\"> </span>(1.1<span class=\"_ _0\"></span>90)Oneri (proventi<span class=\"_ _0\"></span>) finanziari----Totale3.034(754)<span class=\"_ _180\"> </span>(2.3<span class=\"_ _0\"></span>21)<span class=\"_ _180\"> </span>(1.20<span class=\"_ _0\"></span>2)Nota 41 COMPENSI AGLI AMMINISTRATO-RI E SINDACI Periodo 2022 pe<span class=\"_ _0\"></span>r Compensi Carica cui \u00e8 stat<span class=\"_ _0\"></span>a Scadenza Emolume<span class=\"_ _0\"></span>nti Benifici<span class=\"_ _0\"></span> non Altri incarichi <span class=\"_ _0\"></span>in PremiNotericopertaricoperta l<span class=\"_ _0\"></span>a della cari<span class=\"_ _0\"></span>caper la caricamonetaricompensialtre soci<span class=\"_ _0\"></span>et\u00e0 caricadel gruppoPresidente e Joel David BenilloucheAmmi<span class=\"_ _0\"></span>nistratore 1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2024<span class=\"_ _26\"> </span>330<span class=\"_ _ec\"> </span>310DelegatoFlorian Gayet<span class=\"_ _56\"> </span>Amminis<span class=\"_ _0\"></span>tratore<span class=\"_ _19e\"> </span>1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2021<span class=\"_ _3b\"> </span>20Patrizia Polliotto<span class=\"_ _2a\"> </span>A<span class=\"_ _0\"></span>mminis<span class=\"_ _0\"></span>tratore<span class=\"_ _19e\"> </span>1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2024<span class=\"_ _1e\"> </span>20<span class=\"_ _35\"> </span>18Didier Barsus<span class=\"_ _56\"> </span>Amminis<span class=\"_ _0\"></span>tratore<span class=\"_ _19e\"> </span>1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2024<span class=\"_ _1e\"> </span>20Elena Nembrini<span class=\"_ _a8\"> </span>Ammi<span class=\"_ _0\"></span>nistratore<span class=\"_ _19e\"> </span>1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2024<span class=\"_ _3b\"> </span>20<span class=\"_ _1d\"> </span>10Presidente Collegio 1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2024<span class=\"_ _1e\"> </span>35Alessandro MusaiosindacaleSindaco 1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2024<span class=\"_ _1e\"> </span>25Gian Piero BalduccieffettivoSindaco 1/1-31/12/2022<span class=\"_ _19d\"> </span>31/12/2024<span class=\"_ _1e\"> </span>25Annamaria Esposito Aba<span class=\"_ _0\"></span>teeffettivoSi <span class=\"_ _3e\"> </span>segnala <span class=\"_ _3e\"> </span>i<span class=\"_ _0\"></span>noltre <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _3e\"> </span>i <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>ompensi <span class=\"_ _3e\"> </span>spe<span class=\"_ _0\"></span>ttanti <span class=\"_ _3e\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _3e\"> </span>dirigente <span class=\"_ _3e\"> </span>pr<span class=\"_ _0\"></span>eposto, <span class=\"_ _4\"> </span>dirigente <span class=\"_ _4\"> </span>con responsabilit\u00e0 <span class=\"_ _d6\"> </span>strategica,<span class=\"_ _0\"></span> <span class=\"_ _d6\"> </span>ammontano <span class=\"_ _d6\"> </span>complessiv<span class=\"_ _0\"></span>amente <span class=\"_ _d6\"> </span>a <span class=\"_ _12\"> </span>15<span class=\"_ _0\"></span>2 <span class=\"_ _d6\"> </span>migliaia <span class=\"_ _d6\"> </span>di <span class=\"_ _12\"> </span>Euro<span class=\"_ _0\"></span> comprensivi <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>compensi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>fi<span class=\"_ _0\"></span>ssi <span class=\"_ _5\"></span>(115 <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro), <span class=\"_ _5\"> </span>bonus<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>altri <span class=\"_ _5\"></span>ince<span class=\"_ _0\"></span>ntivi <span class=\"_ _d\"></span>(1<span class=\"_ _0\"></span>7 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di Euro), comp<span class=\"_ _0\"></span>ensi per <span class=\"_ _0\"></span>incarichi in <span class=\"_ _0\"></span>altre s<span class=\"_ _0\"></span>ociet\u00e0 de<span class=\"_ _0\"></span>l Gruppo <span class=\"_ _0\"></span>(20 migli<span class=\"_ _0\"></span>aia di <span class=\"_ _0\"></span>Euro). Ne<span class=\"_ _0\"></span>ll\u2019eserc<span class=\"_ _0\"></span>izio precedente <span class=\"_ _3\"></span>erano <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>124 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>115 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ompensi <span class=\"_ _3\"></span>fissi e 9 migliaia d<span class=\"_ _0\"></span>i Euro per bon<span class=\"_ _0\"></span>us ed altri ince<span class=\"_ _0\"></span>ntivi.<span class=\"_ _0\"></span> Nota 42 COMPENSI ALLA SOCIETA\u2019 DI REVISIONE Compensi      <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Tipologia di servizi<span class=\"_ _5a\"> </span>Soggetto che ha erogato il servizio<span class=\"_ _49\"> </span>Destinatario(migliaia d<span class=\"_ _2\"></span>i Euro)Revisione contabile<span class=\"_ _f6\"> </span>BDO IT<span class=\"_ _0\"></span>ALIA SpA<span class=\"_ _7a\"> </span>Vincenzo Zucchi S.p.A.<span class=\"_ _ca\"> </span>95<span class=\"_ _18c\"></span>       <span class=\"_ _0\"></span>              Revisione sui dati della Dichiarazione di carattere non finanziarioBDO ITALIA SpA<span class=\"_ _7a\"> </span>Vincenzo Zucchi S.p.A.<span class=\"_ _79\"> </span>22<span class=\"_ _18c\"></span>                     TOTALE COMPENS<span class=\"_ _0\"></span>I<span class=\"_ _19f\"> </span>117<span class=\"_ _18c\"></span>           <span class=\"_ _0\"></span>        Revisione contabile<span class=\"_ _f6\"> </span>BDO F<span class=\"_ _0\"></span>RANCE S.A.<span class=\"_ _f8\"> </span>Descamps S.A.<span class=\"_ _188\"> </span>55<span class=\"_ _18c\"></span>                     Revisione contabile<span class=\"_ _f6\"> </span>BDO A<span class=\"_ _0\"></span>.G.<span class=\"_ _1a0\"> </span>Bassetti Deutschland G.m.b.H.<span class=\"_ _85\"> </span>20<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Revisione contabile<span class=\"_ _f6\"> </span>BDO A<span class=\"_ _0\"></span>.G.<span class=\"_ _1a0\"> </span>Bassetti Schweiz A.G.<span class=\"_ _1a1\"> </span>13<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Revisione contabile<span class=\"_ _f6\"> </span>BDO A<span class=\"_ _0\"></span>UDITORES S.L.P.<span class=\"_ _cd\"> </span>Bassetti Espanola S.A.<span class=\"_ _1a2\"> </span>10<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Revisione contabile<span class=\"_ _f6\"> </span>BDO IT<span class=\"_ _0\"></span>ALIA SpA<span class=\"_ _7a\"> </span>Zuckids S.r.l.<span class=\"_ _bd\"> </span>2<span class=\"_ _2\"></span>7<span class=\"_ _18c\"></span>             <span class=\"_ _0\"></span>        Revisione contabile<span class=\"_ _f6\"> </span>BDO IT<span class=\"_ _0\"></span>ALIA SpA<span class=\"_ _7a\"> </span>Basitalia S.r.l.<span class=\"_ _be\"> </span>20<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Totale262<span class=\"_ _18c\"></span>           <span class=\"_ _0\"></span>        I <span class=\"_ _5\"></span>servizi <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>revisione <span class=\"_ _5\"></span>contabil<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>includono <span class=\"_ _5\"> </span>la <span class=\"_ _5\"></span>revisi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ilanci <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _e\"> </span>2022 <span class=\"_ _d\"></span>e <span class=\"_ _5\"> </span>la revisione contabi<span class=\"_ _0\"></span>le limitata <span class=\"_ _0\"></span>della situazi<span class=\"_ _0\"></span>one semestra<span class=\"_ _0\"></span>le al 30 giugno <span class=\"_ _0\"></span>2022. Nota 43 OPERAZIONI ATIPICHE E/O INUSUALI<span class=\"fs2 fc5\"> </span>Il bilancio cons<span class=\"_ _0\"></span>olidato 2022 <span class=\"_ _0\"></span>non riflette com<span class=\"_ _0\"></span>ponenti <span class=\"_ _0\"></span>di reddito e poste pa<span class=\"_ _0\"></span>trimon<span class=\"_ _0\"></span>iali e finanziarie (pos<span class=\"_ _0\"></span>itive e/o ne<span class=\"_ _0\"></span>gative) derivant<span class=\"_ _0\"></span>i da eve<span class=\"_ _0\"></span>nti e operazion<span class=\"_ _0\"></span>i atipiche e/o <span class=\"_ _0\"></span>inusuali. Nota 44 FATTI DI RILI<span class=\"_ _0\"></span>EVO SUCCESSIVI AL 31 DICEMBRE 2022 Dando <span class=\"_ _5\"></span>seguito <span class=\"_ _5\"></span>ad <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>prog<span class=\"_ _0\"></span>etto <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>ottimizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>avviato <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>marzo <span class=\"_ _5\"> </span>2023<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _5\"></span>1\u00b0 <span class=\"_ _5\"></span>aprile 2023 <span class=\"_ _14\"> </span>la <span class=\"_ _b\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _14\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>completato <span class=\"_ _14\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>onferimento <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>propr<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>ra<span class=\"_ _0\"></span>mo d\u2019azienda <span class=\"_\"> </span>relativo <span class=\"_\"> </span>all\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_\"> </span>\u201cretail\u201d <span class=\"_\"> </span>a <span class=\"_\"> </span>favore <span class=\"_\"> </span>di <span class=\"_\"> </span>Bass<span class=\"_ _0\"></span>etti <span class=\"_\"> </span>Italia <span class=\"_\"> </span>S.r.l. <span class=\"_\"> </span>(gi\u00e0 <span class=\"_\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_\"> </span>S.r.l.), controllata <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>100%.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>I<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>ramo <span class=\"_ _f\"> </span>d\u2019az<span class=\"_ _0\"></span>ienda <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>nferito <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>cos<span class=\"_ _0\"></span>tituito <span class=\"_ _f\"> </span>da <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>comp<span class=\"_ _0\"></span>lesso <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>attivit\u00e0 avente <span class=\"_ _e\"> </span>ad <span class=\"_ _e\"> </span>oggetto <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>vendita <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>dettaglio,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>quali <span class=\"_ _e\"> </span>vi <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>elementi <span class=\"_ _e\"> </span>patrim<span class=\"_ _0\"></span>oniali <span class=\"_ _e\"> </span>attivi <span class=\"_ _e\"> </span>e passivi <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>a<span class=\"_ _2\"></span>i <span class=\"_\"> </span>n<span class=\"_ _2\"></span>egozi, <span class=\"_\"> </span>outlet <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>spacci, <span class=\"_ _1\"> </span>personale <span class=\"_\"> </span>dipendente, <span class=\"_\"> </span>contratti <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>altri <span class=\"_ _1\"> </span>rapporti giuridici. <span class=\"_ _8\"> </span>Il <span class=\"_ _8\"> </span>valore <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>ll\u2019intero <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>amo <span class=\"_ _14\"> </span>\u00e8 <span class=\"_ _9\"> </span>stato <span class=\"_ _8\"> </span>assev<span class=\"_ _0\"></span>erato <span class=\"_ _8\"> </span>dall\u2019esper<span class=\"_ _0\"></span>to <span class=\"_ _14\"> </span>indi<span class=\"_ _0\"></span>pendente, <span class=\"_ _8\"> </span>con relazione di <span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>a ex <span class=\"_ _0\"></span>art. <span class=\"_ _0\"></span>2465 <span class=\"_ _0\"></span>del c.c<span class=\"_ _0\"></span>., sulla <span class=\"_ _0\"></span>base <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>situazione <span class=\"_ _0\"></span>patri<span class=\"_ _0\"></span>moniale <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>del 31 dicembre 20<span class=\"_ _0\"></span>22 ed \u00e8 par<span class=\"_ _0\"></span>i a circa 6.406 <span class=\"_ _0\"></span>migliaia di <span class=\"_ _0\"></span>Euro. Nota 45 ELENCO DELLE SOCIETA\u2019 PARTECIPATE AL 31 DICEMBRE 2022 Le <span class=\"_ _e\"> </span>partecipazioni <span class=\"_ _f\"> </span>nelle <span class=\"_ _e\"> </span>seguenti <span class=\"_ _e\"> </span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _e\"> </span>controll<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _e\"> </span>cons<span class=\"_ _0\"></span>olidate <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo integrale: % di posse<span class=\"_ _0\"></span>sso in<span class=\"_ _0\"></span> % di Capitale <span class=\"_ _0\"></span>sociale (in<span class=\"_ _0\"></span> consolidat<span class=\"_ _0\"></span>o al partecip<span class=\"_ _0\"></span>azione indiretta tr<span class=\"_ _0\"></span>amite societ<span class=\"_ _0\"></span>\u00e0migliaia<span class=\"_ _0\"></span>)31.12.2022diretta(in migliaia di Euro)Descamps <span class=\"_ _0\"></span>S.A.Euro3.816100,0100,0-Parigi (Franc<span class=\"_ _0\"></span>ia)Descamps <span class=\"_ _0\"></span>Monaco S.A.R.L.Euro1599,99-99,99Descamps <span class=\"_ _0\"></span>S.A.S.Principat<span class=\"_ _0\"></span>o di MonacoBassetti Sc<span class=\"_ _0\"></span>hweiz AGFr. Sv.200100,0100,0-Lamone (Svizzera)Bassetti Es<span class=\"_ _0\"></span>panola S.A<span class=\"_ _0\"></span>.Euro299100,0100,0-Caldes de <span class=\"_ _0\"></span>Montbui (Spagna)Bassetti De<span class=\"_ _0\"></span>utschland <span class=\"_ _0\"></span>G.m.b.H.Euro200100,0100,0-Oberhachin<span class=\"_ _0\"></span>g (Germania)Zuckids S<span class=\"_ _0\"></span>.r.l.Euro10100,0100,0-Rescaldina<span class=\"_ _0\"></span> (MI)Zucchi S<span class=\"_ _0\"></span>.A. Euro75100,074,925,1Bassetti<span class=\"_ _0\"></span> Schweiz S.A.Bruxelles (Belgio)Ta Tria Epsilon Bian<span class=\"_ _0\"></span>ca S.A.Euro800100,0100,0-Atene (Greci<span class=\"_ _0\"></span>a)Basital<span class=\"_ _0\"></span>ia S.r.l.Euro120100,0100,0-Rescaldina<span class=\"_ _0\"></span> (MI)Mascioni USA INC.$ USA80100,0100,0-New York (USA)Le <span class=\"_ _f\"> </span>partecipazioni <span class=\"_ _f\"> </span>nel<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>seguenti <span class=\"_ _f\"> </span>societ\u00e0 <span class=\"_ _f\"> </span>coll<span class=\"_ _0\"></span>egate <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>state <span class=\"_ _f\"> </span>valutat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>metodo <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span> patrimonio nett<span class=\"_ _0\"></span>o: % di pos<span class=\"_ _0\"></span>sesso in % di Capitale soci<span class=\"_ _0\"></span>ale (in consolidato<span class=\"_ _0\"></span> al partecipazion<span class=\"_ _0\"></span>e indiretta t<span class=\"_ _0\"></span>ramite soci<span class=\"_ _0\"></span>et\u00e0migliaia<span class=\"_ _0\"></span>)31.12.2022diretta(in migliaia di Euro)Intesa S.r.l<span class=\"_ _0\"></span>.Euro2224,524,5-Arconate (MI)Rescaldina, 28 apri<span class=\"_ _0\"></span>le 2023<span class=\"_ _0\"></span> Il Consiglio d<span class=\"_ _0\"></span>i Amministraz<span class=\"_ _0\"></span>ione Attestazione a<span class=\"_ _2\"></span>l bilancio consolidato ai sensi dell'ar<span class=\"_ _0\"></span>t. 81-ter del R<span class=\"_ _0\"></span>egolamento CO<span class=\"_ _0\"></span>NSOB n\u00b0 <span class=\"_ _0\"></span>11971 del 14 <span class=\"_ _0\"></span>maggio 1999 <span class=\"_ _0\"></span>e successive mod<span class=\"_ _0\"></span>ifiche ed integrazioni I <span class=\"_\"> </span>sottoscritti <span class=\"_\"> </span>Joel <span class=\"_\"> </span>Davi<span class=\"_ _0\"></span>d <span class=\"_\"> </span>Benillouche, <span class=\"_\"> </span>in <span class=\"_\"> </span>qualit\u00e0<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_\"> </span>Presidente <span class=\"_\"> </span>e <span class=\"_\"> </span>Amministrat<span class=\"_ _0\"></span>ore <span class=\"_\"> </span>Delegato, <span class=\"_\"> </span>ed<span class=\"_ _0\"></span> <span class=\"_\"> </span>Emanuele Cordara, <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>qualit\u00e0 <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Dirigente <span class=\"_ _f\"> </span>Pr<span class=\"_ _0\"></span>eposto <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _f\"> </span>redaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>documenti <span class=\"_ _1\"> </span>contabil<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>societari <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>Vincenzo<span class=\"_ _0\"></span> Zucchi <span class=\"_ _e\"> </span>S.p.<span class=\"_ _0\"></span>A., <span class=\"_ _e\"> </span>attestano <span class=\"_ _e\"> </span>t<span class=\"_ _0\"></span>enuto <span class=\"_ _e\"> </span>anche <span class=\"_ _e\"> </span>cont<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _e\"> </span>previsto <span class=\"_ _e\"> </span>da<span class=\"_ _0\"></span>ll'art.154-bis, <span class=\"_ _f\"> </span>commi <span class=\"_ _e\"> </span>3 <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>4, <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>decreto legislativo 24 fe<span class=\"_ _0\"></span>bbraio 1998<span class=\"_ _0\"></span>, n\u00b0 58: \uf0a7<span class=\"ff3\"> <span class=\"_ _1a3\"> </span>l'adeguatezza in r<span class=\"_ _0\"></span>elazione all<span class=\"_ _0\"></span>e caratteristich<span class=\"_ _0\"></span>e dell'impres<span class=\"_ _0\"></span>a e </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _1a3\"> </span>l'effettiva appl<span class=\"_ _0\"></span>icazione </span>delle <span class=\"_ _3\"></span>procedure <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>mministrativ<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>formazione <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>bilancio <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onsolidato <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>dell'eserc<span class=\"_ _0\"></span>izio 2022. La <span class=\"_ _e\"> </span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019adeguatezza <span class=\"_ _f\"> </span>delle <span class=\"_ _e\"> </span>proc<span class=\"_ _0\"></span>edure <span class=\"_ _e\"> </span>am<span class=\"_ _0\"></span>ministrative <span class=\"_ _e\"> </span>e <span class=\"_ _f\"> </span>contabili <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>for<span class=\"_ _0\"></span>mazione <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>bilancio consolidato <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>2022 <span class=\"_ _3\"></span>\u00e8 b<span class=\"_ _0\"></span>asata <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>proc<span class=\"_ _0\"></span>esso <span class=\"_ _0\"></span>definito <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>Vince<span class=\"_ _0\"></span>nzo <span class=\"_ _0\"></span>Zucchi <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>erenza con <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>mode<span class=\"_ _0\"></span>llo <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>nterna<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>Con<span class=\"_ _0\"></span>trol-Integrate<span class=\"_ _0\"></span>d <span class=\"_ _d\"></span>Fram<span class=\"_ _0\"></span>ework, <span class=\"_ _d\"></span>eman<span class=\"_ _0\"></span>ato <span class=\"_ _d\"></span>dal <span class=\"_ _d\"></span><span class=\"ff4\">Co<span class=\"_ _0\"></span>mmitee</span> <span class=\"_ _d\"></span><span class=\"ff4\">of <span class=\"_ _d\"></span>Spo<span class=\"_ _0\"></span>nsoring <span class=\"_ _d\"></span>Organ<span class=\"_ _0\"></span>izations </span>of <span class=\"_ _3\"></span>the <span class=\"_ _0\"></span>Tr<span class=\"_ _0\"></span>eadway<span class=\"ff3\"> <span class=\"_ _3\"></span></span>Comm<span class=\"_ _0\"></span>ission<span class=\"ff3\"> <span class=\"_ _3\"></span>(CoSO), <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>rappresent<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>fram<span class=\"_ _0\"></span>ework <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>riferimento <span class=\"_ _3\"></span>genera<span class=\"_ _0\"></span>lmente <span class=\"_ _3\"></span>accettato </span>a livello internaz<span class=\"_ _0\"></span>ionale. Si attesta, inoltr<span class=\"_ _0\"></span>e, che i<span class=\"_ _0\"></span>l bilancio d\u2019esercizi<span class=\"_ _0\"></span>o: a) <span class=\"_ _c\"> </span>corr<span class=\"_ _0\"></span>isponde alle risult<span class=\"_ _0\"></span>anze dei libri e de<span class=\"_ _0\"></span>lle scritture c<span class=\"_ _0\"></span>ontabili; b) <span class=\"_ _c\"> </span>redatto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>conformit\u00e0 <span class=\"_ _a\"> </span>agli <span class=\"_ _a\"> </span>Internationa<span class=\"_ _0\"></span>l <span class=\"_ _a\"> </span>Financial <span class=\"_ _a\"> </span>Reporting <span class=\"_ _a\"> </span>Standar<span class=\"_ _0\"></span>ds <span class=\"_ _a\"> </span>adottati <span class=\"_ _a\"> </span>dall'Union<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>Europea nonch\u00e9 ai prov<span class=\"_ _0\"></span>vedimenti e<span class=\"_ _0\"></span>manati in attuaz<span class=\"_ _0\"></span>ione dell'art<span class=\"_ _0\"></span>. 9 del D.Lgs. <span class=\"_ _0\"></span>38/2005;<span class=\"_ _0\"></span> c) <span class=\"_ _d6\"> </span>\u00e8 <span class=\"_ _3\"></span>idoneo <span class=\"_ _5\"></span>a <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>nire <span class=\"_ _d\"></span>una <span class=\"_ _d\"></span>rap<span class=\"_ _0\"></span>presentazione <span class=\"_ _5\"></span>veritiera <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>corr<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>situaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>trimonia<span class=\"_ _0\"></span>le, <span class=\"_ _d\"></span>economica <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span> finanziaria d<span class=\"_ _0\"></span>ell\u2019Emittente. 28 aprile 2023 <span class=\"_ _0\"></span> /f/ Joel Davi<span class=\"_ _0\"></span>d Benillouche<span class=\"_ _0\"></span> <span class=\"_ _167\"> </span> <span class=\"_ _180\"> </span> <span class=\"_ _180\"> </span> <span class=\"_ _28\"> </span> <span class=\"_ _180\"> </span> <span class=\"_ _180\"> </span>/f/ Eman<span class=\"_ _0\"></span>uele Cordara Il Presidente <span class=\"_ _0\"></span>e Amministrat<span class=\"_ _0\"></span>ore Deleg<span class=\"_ _0\"></span>ato  <span class=\"_ _94\"> </span> <span class=\"_ _28\"> </span> <span class=\"_ _180\"> </span> <span class=\"_ _180\"> </span>Il Dirigente<span class=\"_ _0\"></span> Preposto<span class=\"_ _0\"></span> Joel David Be<span class=\"_ _0\"></span>nillouche <span class=\"_ _1\"> </span><span class=\"ff1 fs0 fc0\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNotesAndOtherExplanatoryInformationExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__5": {
   "value": "Vincenzo Zucchi S.p.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__6": {
   "value": "S.p.A.",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__9": {
   "value": "Italia",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__8": {
   "value": "Italia",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__7": {
   "value": "Milano",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__10": {
   "value": "produce, distribuisce e commercializza prodotti nel settore della biancheriaper la casa, ed opera anche, nello stesso settore, con servizi di nobilitazione e, ormai in misura residuale, con semilavorati.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__12": {
   "value": "1. CONTENUTO E FORMA DEI PROSPETTI CONTABILI CONSOLIDATI Il <span class=\"_ _b\"> </span>bilancio <span class=\"_ _b\"> </span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _b\"> </span>Gruppo <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1 <span class=\"_ _b\"> </span>dicembre <span class=\"_ _14\"> </span>2022, <span class=\"_ _b\"> </span>approv<span class=\"_ _0\"></span>ato <span class=\"_ _b\"> </span>dal <span class=\"_ _b\"> </span>Co<span class=\"_ _0\"></span>nsiglio <span class=\"_ _b\"> </span>di Amministrazio<span class=\"_ _0\"></span>ne <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>28 <span class=\"_ _d\"></span>aprile <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>023, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>stat<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>edisposto <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>Principi <span class=\"_ _d\"></span>Contabi<span class=\"_ _0\"></span>li Internazionali <span class=\"_\"> </span>(\u201cIFRS\u201d) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span>messi <span class=\"_ _1\"> </span>da<span class=\"_ _0\"></span>ll\u2019International <span class=\"_\"> </span>A<span class=\"_ _2\"></span>ccounting <span class=\"_ _1\"> </span>St<span class=\"_ _0\"></span>andards <span class=\"_ _1\"> </span>Board <span class=\"_\"> </span>(\u201cIASB<span class=\"_ _2\"></span>\u201d) <span class=\"_ _1\"> </span>e omologati <span class=\"_ _3\"></span>dall\u2019Union<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Europea, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovvedimenti <span class=\"_ _3\"></span>emanat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>attuazione <span class=\"_ _d\"></span>dell\u2019Art. <span class=\"_ _3\"></span>9 del <span class=\"_ _a\"> </span>D. <span class=\"_ _b\"> </span>Lgs. <span class=\"_ _b\"> </span>n. <span class=\"_ _b\"> </span>38/2005. <span class=\"_ _b\"> </span>Con <span class=\"_ _a\"> </span>\u201cIFR<span class=\"_ _0\"></span>S\u201d <span class=\"_ _a\"> </span>si <span class=\"_ _b\"> </span>intendo<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>anche <span class=\"_ _b\"> </span>gli <span class=\"_ _b\"> </span>Internationa<span class=\"_ _0\"></span>l <span class=\"_ _a\"> </span>Ac<span class=\"_ _0\"></span>counting Standards <span class=\"_ _3\"></span>(\u201c<span class=\"_ _0\"></span>IAS\u201d) <span class=\"_ _3\"></span>tu<span class=\"_ _0\"></span>ttora <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>igore, <span class=\"_ _3\"></span>nonc<span class=\"_ _0\"></span>h\u00e9 <span class=\"_ _3\"></span>tutti <span class=\"_ _d\"></span>i <span class=\"_ _3\"></span>docu<span class=\"_ _0\"></span>menti <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span>erpretativi <span class=\"_ _d\"></span>emessi <span class=\"_ _d\"></span>dall\u2019IFRS Interpretation <span class=\"_ _e\"> </span>Com<span class=\"_ _0\"></span>mittee, <span class=\"_ _e\"> </span>precedentement<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>enomi<span class=\"_ _0\"></span>nato <span class=\"_ _5\"> </span>I<span class=\"_ _0\"></span>nternationa<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>Financial <span class=\"_ _e\"> </span>Reporting Interpretations <span class=\"_\"> </span>Com<span class=\"_ _0\"></span>mittee <span class=\"_\"> </span>(\u201cIFRIC\u201d<span class=\"_ _0\"></span>) <span class=\"_\"> </span>e <span class=\"_\"> </span>ancor <span class=\"_\"> </span>prima <span class=\"_\"> </span>Standard<span class=\"_ _0\"></span> <span class=\"_\"> </span>Interpretations <span class=\"_\"> </span>Comm<span class=\"_ _0\"></span>ittee (\u201cSIC\u201d).",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__13": {
   "value": "1.1 <span class=\"_ _a\"> </span>Forma dei prospetti contabili consolidati Relativamente <span class=\"_ _10\"> </span>alla <span class=\"_ _10\"> </span>forma<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>dei <span class=\"_ _10\"> </span>prospett<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>conta<span class=\"_ _0\"></span>bili <span class=\"_ _10\"> </span>consolidati <span class=\"_ _10\"> </span>il <span class=\"_ _10\"> </span>Gruppo <span class=\"_ _10\"> </span>ha <span class=\"_ _10\"> </span>scelto <span class=\"_ _10\"> </span>di presentare le segu<span class=\"_ _0\"></span>enti tipo<span class=\"_ _0\"></span>logie di schem<span class=\"_ _0\"></span>i contabili:<span class=\"_ _0\"></span> Prospetto del<span class=\"_ _0\"></span>la situazione <span class=\"_ _0\"></span>patrimoniale \u2013<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>a consolidata Il <span class=\"_\"> </span>Pros<span class=\"_ _0\"></span>petto <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>situazi<span class=\"_ _0\"></span>one <span class=\"_ _a\"> </span>pa<span class=\"_ _2\"></span>trimonia<span class=\"_ _0\"></span>le <span class=\"_\"> </span>\u2013<span class=\"_ _0\"></span> <span class=\"_\"> </span>finanzi<span class=\"_ _0\"></span>aria <span class=\"_\"> </span>cons<span class=\"_ _0\"></span>olidata <span class=\"_ _a\"> </span>viene <span class=\"_\"> </span>pres<span class=\"_ _0\"></span>entato <span class=\"_ _a\"> </span>a sezioni contrappos<span class=\"_ _0\"></span>te con s<span class=\"_ _0\"></span>eparata ind<span class=\"_ _0\"></span>icazione delle <span class=\"_ _0\"></span>Attivit\u00e0, P<span class=\"_ _0\"></span>assivit\u00e0 e Patrimon<span class=\"_ _0\"></span>io Netto.<span class=\"_ _0\"></span> A <span class=\"_ _3\"></span>loro <span class=\"_ _d\"></span>volt<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>Attivit\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>Passivit\u00e0 <span class=\"_ _d\"></span>vengono <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>poste <span class=\"_ _d\"></span>sulla <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>loro <span class=\"_ _d\"></span>class<span class=\"_ _0\"></span>ificazione come correnti e no<span class=\"_ _0\"></span>n correnti.<span class=\"_ _0\"></span> Prospetto <span class=\"_\"> </span>dell\u2019ut<span class=\"_ _0\"></span>ile/(perdita)<span class=\"_ _0\"></span> <span class=\"_\"> </span>dell\u2019esercizio <span class=\"_\"> </span>e <span class=\"_\"> </span>delle <span class=\"_\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_\"> </span>componenti <span class=\"_\"> </span>di <span class=\"_\"> </span>conto <span class=\"_\"> </span>economic<span class=\"_ _0\"></span>o complessivo c<span class=\"_ _0\"></span>onsolidato  Il <span class=\"_ _e\"> </span>pros<span class=\"_ _0\"></span>petto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile/(p<span class=\"_ _0\"></span>erdita) <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>altre <span class=\"_ _f\"> </span>componenti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>conto <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span>conomico complessivo c<span class=\"_ _0\"></span>onsolidato vi<span class=\"_ _0\"></span>ene presentato <span class=\"_ _0\"></span>nella sua cl<span class=\"_ _0\"></span>assificazione per d<span class=\"_ _0\"></span>estinaz<span class=\"_ _0\"></span>ione.  Ai <span class=\"_ _3\"></span>fini <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>iara <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>omprensi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>risultati <span class=\"_ _3\"></span>tipici <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>gestione <span class=\"_ _3\"></span>industriale<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dinaria, finanziaria e<span class=\"_ _0\"></span> fiscale, il conto <span class=\"_ _0\"></span>economico pr<span class=\"_ _0\"></span>esenta i segu<span class=\"_ _0\"></span>enti risultati i<span class=\"_ _0\"></span>ntermedi:<span class=\"_ _0\"></span> - Margine ind<span class=\"_ _0\"></span>ustriale; - Risultato Operat<span class=\"_ _0\"></span>ivo (Ebit -<span class=\"_ _0\"></span> Utile prima di<span class=\"_ _0\"></span> interessi e<span class=\"_ _0\"></span> imposte); - Risultato prim<span class=\"_ _0\"></span>a delle impo<span class=\"_ _0\"></span>ste.  Prospetto del<span class=\"_ _0\"></span>le variazioni <span class=\"_ _0\"></span>di patrimonio nett<span class=\"_ _0\"></span>o consolidat<span class=\"_ _0\"></span>o Si <span class=\"_ _5\"></span>ri<span class=\"_ _0\"></span>porta <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>prosp<span class=\"_ _0\"></span>etto <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _e\"> </span>evidenza <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>eparata <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>risultato <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>prospett<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile<span class=\"_ _0\"></span>/(perdita) dell\u2019esercizio e de<span class=\"_ _0\"></span>lle altre c<span class=\"_ _0\"></span>omponenti di conto <span class=\"_ _0\"></span>economico c<span class=\"_ _0\"></span>omplessivo c<span class=\"_ _0\"></span>onsolid<span class=\"_ _0\"></span>ato. Rendiconto fi<span class=\"_ _0\"></span>nanziario con<span class=\"_ _0\"></span>solidato Viene <span class=\"_ _14\"> </span>presentat<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>il <span class=\"_ _14\"> </span>prospetto <span class=\"_ _14\"> </span>sudd<span class=\"_ _0\"></span>iviso <span class=\"_ _14\"> </span>per <span class=\"_ _14\"> </span>are<span class=\"_ _0\"></span>e <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>formazione <span class=\"_ _8\"> </span>dei <span class=\"_ _14\"> </span>flussi <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>cas<span class=\"_ _0\"></span>sa, predisposto secon<span class=\"_ _0\"></span>do il metodo <span class=\"_ _0\"></span>indiretto. Altre informaz<span class=\"_ _0\"></span>ioni Si precisa, <span class=\"_ _0\"></span>inf<span class=\"_ _0\"></span>ine, che <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>state a<span class=\"_ _0\"></span>dottate t<span class=\"_ _0\"></span>utte <span class=\"_ _0\"></span>le indic<span class=\"_ _0\"></span>azioni prev<span class=\"_ _0\"></span>iste da<span class=\"_ _0\"></span>lle d<span class=\"_ _0\"></span>elibere Cons<span class=\"_ _0\"></span>ob 15519 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>1552<span class=\"_ _0\"></span>0, <span class=\"_ _0\"></span>nonch\u00e9 <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>lla c<span class=\"_ _0\"></span>omunicazi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>DEM <span class=\"_ _0\"></span>/60<span class=\"_ _0\"></span>64293 <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Co<span class=\"_ _0\"></span>nsob, <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>prevedono la <span class=\"_\"> </span>presentazione <span class=\"_\"> </span>(qualora <span class=\"_\"> </span>significative) <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>posiz<span class=\"_ _0\"></span>ioni <span class=\"_\"> </span>o <span class=\"_ _1\"> </span>trans<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>con <span class=\"_ _1\"> </span>par<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>correlate nonch\u00e9 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ompon<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>reddito <span class=\"_ _d\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>eventi <span class=\"_ _5\"></span>o <span class=\"_ _d\"></span>fatti <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>cui <span class=\"_ _5\"></span>accadimento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>risulta <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n ricorrente, e l\u2019i<span class=\"_ _0\"></span>nformativa d<span class=\"_ _0\"></span>a fornire nelle n<span class=\"_ _0\"></span>ote esplicat<span class=\"_ _0\"></span>ive. Il bilancio <span class=\"_ _0\"></span>consolidato <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>prende <span class=\"_ _0\"></span>il bilanc<span class=\"_ _0\"></span>io della <span class=\"_ _0\"></span>Vince<span class=\"_ _0\"></span>nzo Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. e <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>da essa <span class=\"_ _f\"> </span>controllate <span class=\"_ _f\"> </span>(italiane <span class=\"_ _f\"> </span>ed <span class=\"_ _e\"> </span>es<span class=\"_ _0\"></span>tere) <span class=\"_ _f\"> </span>direttamente <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>indirettamente <span class=\"_ _f\"> </span>(vedas<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>N<span class=\"_ _0\"></span>ota <span class=\"_ _f\"> </span>45 <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> l\u2019elenco delle <span class=\"_ _0\"></span>Societ\u00e0 parte<span class=\"_ _0\"></span>cipate). Nella <span class=\"_ _8\"> </span>sez<span class=\"_ _0\"></span>ione <span class=\"_ _9\"> </span>D <span class=\"_ _9\"> </span>della <span class=\"_ _9\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _8\"> </span>no<span class=\"_ _0\"></span>ta <span class=\"_ _8\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>e<span class=\"_ _0\"></span>lencate <span class=\"_ _9\"> </span>le <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _9\"> </span>incluse <span class=\"_ _9\"> </span>nel<span class=\"_ _0\"></span>l\u2019area <span class=\"_ _9\"> </span>di consolidament<span class=\"_ _0\"></span>o e i loro rap<span class=\"_ _0\"></span>porti di parteci<span class=\"_ _0\"></span>pazione. <span class=\"_ _0\"></span> Il <span class=\"_ _f\"> </span>prese<span class=\"_ _0\"></span>nte <span class=\"_ _1\"> </span>bilancio <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>espr<span class=\"_ _0\"></span>esso <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>Euro <span class=\"_ _f\"> </span>(\u20ac) <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>ques<span class=\"_ _0\"></span>ta <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>valuta <span class=\"_ _1\"> </span>nella <span class=\"_ _1\"> </span>quale <span class=\"_ _1\"> </span>\u00e8 condotta <span class=\"_ _b\"> </span>la <span class=\"_ _14\"> </span>mag<span class=\"_ _0\"></span>gior <span class=\"_ _b\"> </span>parte <span class=\"_ _14\"> </span>delle <span class=\"_ _b\"> </span>o<span class=\"_ _0\"></span>perazioni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _b\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _b\"> </span>(moneta <span class=\"_ _14\"> </span>funzi<span class=\"_ _0\"></span>onale); <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>va<span class=\"_ _0\"></span>lori espressi <span class=\"_ _b\"> </span>nelle <span class=\"_ _14\"> </span>note <span class=\"_ _b\"> </span>es<span class=\"_ _0\"></span>plicative <span class=\"_ _b\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>arrotondati <span class=\"_ _14\"> </span>alle <span class=\"_ _b\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>Euro <span class=\"_ _b\"> </span>tr<span class=\"_ _0\"></span>anne<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>quando diversamente indic<span class=\"_ _0\"></span>ato.  I valori espost<span class=\"_ _0\"></span>i nei prospett<span class=\"_ _0\"></span>i contabili son<span class=\"_ _0\"></span>o espressi in mi<span class=\"_ _0\"></span>gliaia di E<span class=\"_ _0\"></span>uro.  Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>estere <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>luse <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _3\"></span>secondo <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>principi <span class=\"_ _3\"></span>indicati <span class=\"_ _3\"></span>nelle <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ote che seguono. 1.2   Contenuto del bilancio consolidat<span class=\"fs2\">o</span>e area di consolidamento Nell\u2019esercizio <span class=\"_ _e\"> </span>2022 <span class=\"_ _f\"> </span>l\u2019area <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>consolidamento <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stata <span class=\"_ _f\"> </span>ampliata <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>l\u2019acquisizione<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>integrale<span class=\"_ _0\"></span> della parte correlat<span class=\"_ _0\"></span>a Desca<span class=\"_ _0\"></span>mps S.A.S..<span class=\"_ _0\"></span> In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>luglio <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>quisito <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>orrispettivo <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>4 <span class=\"_ _3\"></span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> l\u2019intero <span class=\"_ _e\"> </span>capitale <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociale <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _e\"> </span>S.A.S., <span class=\"_ _e\"> </span>gi\u00e0 <span class=\"_ _5\"></span>part<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>quanto <span class=\"_ _e\"> </span>indirettament<span class=\"_ _0\"></span>e controllata da As<span class=\"_ _0\"></span>trance Capita<span class=\"_ _0\"></span>l S.A.S..<span class=\"_ _0\"></span> Descamps <span class=\"_ _b\"> </span>S.A.S. <span class=\"_ _b\"> </span>deti<span class=\"_ _0\"></span>ene <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>partecipaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>9<span class=\"_ _0\"></span>9,99% <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _b\"> </span>sociale <span class=\"_ _b\"> </span>di Descamps <span class=\"_ _0\"></span>Monaco S.A.<span class=\"_ _0\"></span>R.L. che, d<span class=\"_ _0\"></span>i consegu<span class=\"_ _0\"></span>enza, entra indir<span class=\"_ _0\"></span>ettament<span class=\"_ _0\"></span>e a far part<span class=\"_ _0\"></span>e dell\u2019area<span class=\"_ _0\"></span> di <span class=\"_ _3\"></span>consolidamen<span class=\"_ _0\"></span>to. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>societ\u00e0 <span class=\"_ _3\"></span>svolge<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>affini <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelle <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Desc<span class=\"_ _0\"></span>amps <span class=\"_ _3\"></span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _3\"></span>tramite <span class=\"_ _3\"></span>un negozio sito n<span class=\"_ _0\"></span>el Principato di<span class=\"_ _0\"></span> Monaco.<span class=\"_ _0\"></span> L\u2019acquisizione <span class=\"_ _f\"> </span>costituisc<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>part<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>ragione <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>circostanza<span class=\"_ _0\"></span> che <span class=\"_ _12\"> </span>Descamps <span class=\"_ _12\"> </span>S.A.S. <span class=\"_ _12\"> </span>\u00e8 <span class=\"_ _12\"> </span>contr<span class=\"_ _0\"></span>ollata <span class=\"_ _12\"> </span>indirettame<span class=\"_ _0\"></span>nte <span class=\"_ _12\"> </span>da <span class=\"_ _12\"> </span>Astrance <span class=\"_ _12\"> </span>Capita<span class=\"_ _0\"></span>l <span class=\"_ _12\"> </span>S.A.S.,<span class=\"_ _0\"></span> integralmente <span class=\"_ _11\"> </span>par<span class=\"_ _0\"></span>tecipata <span class=\"_ _11\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>amministrat<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>J<span class=\"_ _0\"></span>oel <span class=\"_ _10\"> </span>D<span class=\"_ _0\"></span>avid <span class=\"_ _11\"> </span>Ben<span class=\"_ _0\"></span>ilouche <span class=\"_ _11\"> </span>(Pres<span class=\"_ _0\"></span>idente <span class=\"_ _11\"> </span>e Amministratore <span class=\"_ _1\"> </span>Delegato <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>Vincenzo <span class=\"_ _f\"> </span>Zucchi <span class=\"_ _1\"> </span>S.p.A.) <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>Florian <span class=\"_ _f\"> </span>Gayet <span class=\"_ _f\"> </span>(am<span class=\"_ _0\"></span>ministratore<span class=\"_ _0\"></span> della Vincenzo Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A.). Conformemente <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quanto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>previsto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _a\"> </span>Rego<span class=\"_ _0\"></span>lamento <span class=\"_ _b\"> </span>OPC <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>dalla <span class=\"_ _a\"> </span>\u201c<span class=\"_ _0\"></span>Procedur<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>le operazioni <span class=\"_ _3e\"> </span>con <span class=\"_ _3e\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>correlate\u201d <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Capogrupp<span class=\"_ _0\"></span>o, <span class=\"_ _3e\"> </span>l\u2019operazione <span class=\"_ _3e\"> </span>\u00e8 <span class=\"_ _3e\"> </span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>approvata all\u2019unanimit\u00e0 <span class=\"_ _3e\"> </span>dal <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>A<span class=\"_ _0\"></span>mministrazione <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Vincenzo <span class=\"_ _3e\"> </span>Zucchi <span class=\"_ _3e\"> </span>S.p.A., <span class=\"_ _13\"> </span>c<span class=\"_ _0\"></span>on l\u2019astensione <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>onsiglieri <span class=\"_ _0\"></span>Joel <span class=\"_ _0\"></span>David <span class=\"_ _0\"></span>Benilouc<span class=\"_ _0\"></span>he e F<span class=\"_ _0\"></span>lorian <span class=\"_ _0\"></span>Gayet, <span class=\"_ _0\"></span>previo <span class=\"_ _0\"></span>parere <span class=\"_ _0\"></span>favorev<span class=\"_ _0\"></span>ole del <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>omitato <span class=\"_ _d\"></span>Contr<span class=\"_ _0\"></span>ollo <span class=\"_ _d\"></span>Inte<span class=\"_ _0\"></span>rno, <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>valendos<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>suppor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Audirevi <span class=\"_ _d\"></span>Tr<span class=\"_ _0\"></span>ansaction <span class=\"_ _5\"></span>Services S.r.l. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>esperto <span class=\"_ _3\"></span>indipendente <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>rilasci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>parere<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>congruit\u00e0 delle <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dizioni <span class=\"_ _3\"></span>indicate <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>partico<span class=\"_ _0\"></span>lare <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul <span class=\"_ _3\"></span>prezzo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquisto <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> Descamps S.A.<span class=\"_ _0\"></span>S.. L\u2019acquisizione <span class=\"_ _5\"> </span>ri<span class=\"_ _0\"></span>entra <span class=\"_ _5\"></span>tra<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>\u201cbus<span class=\"_ _0\"></span>iness <span class=\"_ _5\"></span>comb<span class=\"_ _0\"></span>inations <span class=\"_ _5\"></span>under<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>common <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontrol\u201d ed \u00e8 esclusa d<span class=\"_ _0\"></span>all\u2019ambito di <span class=\"_ _0\"></span>applicazione ob<span class=\"_ _0\"></span>bligatoria d<span class=\"_ _0\"></span>ell\u2019IFRS 3 \u201c<span class=\"_ _0\"></span>Aggregazion<span class=\"_ _0\"></span>i aziendali\u201d.<span class=\"_ _0\"></span> Si <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>tto <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>riferimento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>agli <span class=\"_ _0\"></span>\u201cOr<span class=\"_ _0\"></span>ientamenti <span class=\"_ _3\"></span>preliminari<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ASS<span class=\"_ _0\"></span>IREVI <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tema <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>- <span class=\"_ _3\"></span>OPI N.1 <span class=\"_ _c\"> </span>(revised)\u201d <span class=\"_ _c\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _c\"> </span>prevedon<span class=\"_ _0\"></span>o <span class=\"_ _c\"> </span>che <span class=\"_ _c\"> </span>le <span class=\"_ _c\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _c\"> </span>e <span class=\"_ _c\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _c\"> </span>del <span class=\"_ _c\"> </span>busines<span class=\"_ _0\"></span>s <span class=\"_ _c\"> </span>oggetto dell\u2019acquisizione <span class=\"_ _1\"> </span>siano <span class=\"_ _f\"> </span>rile<span class=\"_ _0\"></span>vate <span class=\"_ _f\"> </span>dall\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _f\"> </span>ai <span class=\"_ _f\"> </span>valori <span class=\"_ _1\"> </span>contabili <span class=\"_ _f\"> </span>storici <span class=\"_ _f\"> </span>(i<span class=\"_ _0\"></span>n <span class=\"_ _f\"> </span>coe<span class=\"_ _0\"></span>renza <span class=\"_ _f\"> </span>con l\u2019applicazione<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipio <span class=\"_ _f\"> </span>della <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontinuit\u00e0 <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>valori) <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>dif<span class=\"_ _0\"></span>ferenza <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> trasferimento <span class=\"_ _9\"> </span>(corr<span class=\"_ _0\"></span>ispettivo<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>in <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>anaro <span class=\"_ _9\"> </span>pagato)<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>e <span class=\"_ _10\"> </span>i <span class=\"_ _9\"> </span>valori <span class=\"_ _9\"> </span>conta<span class=\"_ _0\"></span>bili <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>torici <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>appresenti un\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>con <span class=\"_ _e\"> </span>soci <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>rilevare <span class=\"_ _e\"> </span>come <span class=\"_ _e\"> </span>una <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontribuzione <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>distribuzi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>patr<span class=\"_ _0\"></span>imonio netto, <span class=\"_ _0\"></span>ci\u00f2 <span class=\"_ _3\"></span>nella <span class=\"_ _0\"></span>circos<span class=\"_ _0\"></span>tanza, <span class=\"_ _0\"></span>qui <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzata, <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019aggregazi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>abbia <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>significativa influenza sui <span class=\"_ _0\"></span>flussi di cas<span class=\"_ _0\"></span>sa futuri delle att<span class=\"_ _0\"></span>ivit\u00e0 nette tr<span class=\"_ _0\"></span>asferite. Conseguentem<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>consolida<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>valori <span class=\"_ _3\"></span>derivanti <span class=\"_ _3\"></span>dall\u2019acqu<span class=\"_ _0\"></span>isizione <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>escamps S.A.S. \u00e8 avven<span class=\"_ _0\"></span>uto come se<span class=\"_ _0\"></span>gue: -<span class=\"ff3\"> <span class=\"_ _e3\"> </span>Pe<span class=\"_ _2\"></span>r <span class=\"_ _5\"></span>quanto <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iguarda <span class=\"_ _5\"> </span>i <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>torici <span class=\"_ _5\"></span>si <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _e\"> </span>fatto <span class=\"_ _5\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>cont<span class=\"_ _0\"></span>abili </span>del <span class=\"_ _b\"> </span>grupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _14\"> </span>S.A.S. <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>31.07.20<span class=\"_ _0\"></span>22 <span class=\"_ _b\"> </span>(sos<span class=\"_ _0\"></span>tanzialm<span class=\"_ _0\"></span>ente <span class=\"_ _14\"> </span>identici <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>elli riferibili <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>efficac<span class=\"_ _0\"></span>ia <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019acquisizion<span class=\"_ _0\"></span>e, <span class=\"_ _d\"></span>cio\u00e8 <span class=\"_ _5\"> </span>al <span class=\"_ _5\"></span>22.07.2022) <span class=\"_ _5\"></span>rivist<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>seco<span class=\"_ _0\"></span>ndo <span class=\"_ _5\"></span>i principi <span class=\"_ _d\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _d\"></span>internazional<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>(IAS/IFRS)<span class=\"_ _0\"></span>. <span class=\"_ _d\"></span>L\u2019adeguamento <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>principi <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>ernazionali<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>portato <span class=\"_ _3\"></span>l\u2019iscrizione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>TFR <span class=\"_ _3\"></span>dipendenti <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>83 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro. Si <span class=\"_ _e\"> </span>se<span class=\"_ _0\"></span>gnala <span class=\"_ _e\"> </span>ch<span class=\"_ _0\"></span>e, <span class=\"_ _f\"> </span>secondo <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>principi <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontabili <span class=\"_ _f\"> </span>francesi <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>T<span class=\"_ _0\"></span>FR <span class=\"_ _f\"> </span>non <span class=\"_ _e\"> </span>ra<span class=\"_ _0\"></span>ppresenta <span class=\"_ _f\"> </span>una voce del passiv<span class=\"_ _0\"></span>o, ma una voc<span class=\"_ _0\"></span>e fuori bilanc<span class=\"_ _0\"></span>io (conto d\u2019o<span class=\"_ _0\"></span>rdine).<span class=\"ff2\"> </span>-<span class=\"ff3\"> <span class=\"_ _e3\"> </span>La <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span>fferenza <span class=\"_ _1\"> </span>negativa <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>prez<span class=\"_ _0\"></span>zo <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>ac<span class=\"_ _0\"></span>quisizione <span class=\"_ _1\"> </span>(4.000 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>Euro) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span>d <span class=\"_ _f\"> </span>i </span>valori <span class=\"_ _3e\"> </span>storic<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>rettificati <span class=\"_ _4\"> </span>del <span class=\"_ _3e\"> </span>grup<span class=\"_ _0\"></span>po <span class=\"_ _3e\"> </span>Desca<span class=\"_ _0\"></span>mps <span class=\"_ _3e\"> </span>S.A.S. <span class=\"_ _4\"> </span>alla <span class=\"_ _3e\"> </span>da<span class=\"_ _0\"></span>ta <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>effica<span class=\"_ _0\"></span>cia dell\u2019acquisizione <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>essa (6.<span class=\"_ _0\"></span>298 mi<span class=\"_ _0\"></span>gliaia di<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>uro) p<span class=\"_ _0\"></span>ari a <span class=\"_ _0\"></span>2.298 <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stata iscritta <span class=\"_ _b\"> </span>ad <span class=\"_ _b\"> </span>increme<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>netto <span class=\"_ _b\"> </span>consoli<span class=\"_ _0\"></span>dato <span class=\"_ _b\"> </span>nella <span class=\"_ _b\"> </span>voce <span class=\"_ _b\"> </span>\u201cr<span class=\"_ _0\"></span>iserva <span class=\"_ _b\"> </span>da consolidament<span class=\"_ _0\"></span>o\u201d. Vengono <span class=\"_ _9\"> </span>presentati <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _8\"> </span>i <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>alori <span class=\"_ _8\"> </span>patrimo<span class=\"_ _0\"></span>niali <span class=\"_ _8\"> </span>del <span class=\"_ _8\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _8\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _8\"> </span>alla <span class=\"_ _9\"> </span>data dell\u2019acquisizione.<span class=\"_ _0\"></span> 31.07.2022<span class=\"_ _117\"> </span>31.07.2022(in migliaia di euro)A<span class=\"_ _2\"></span>ttivo correntePassivo correnteDisponibilit\u00e0 liquide e mezzi equivalenti4.062Debiti correnti verso banche991Crediti commerciali4.490Debiti verso altri finanziatori285Altri crediti 545Debiti comm<span class=\"_ _0\"></span>erciali e altri debiti9.411Crediti per imposte correnti1.667Debiti per imposte correnti2.127Rimanenze5.959Fondi rischi ed oneri 700Totale attivo corrente16.723Totale passivo corrente13.514A<span class=\"_ _2\"></span>ttivo non correntePassivo non correnteImmobil<span class=\"_ _0\"></span>i, impianti e m<span class=\"_ _0\"></span>acchinari141Debiti verso banche 3.009Attivit\u00e0 imm<span class=\"_ _0\"></span>ateriali12.709Debiti verso altri finanziatori206Altri crediti875Fondi rischi ed oneri 1.047Benefici ai dipendenti <span class=\"_ _118\"> </span>383Altri debiti<span class=\"_ _119\"> </span>5.991Totale attivo non corrente13.725Totale passivo non corrente10.636Patrimonio nettoCapitale sociale<span class=\"_ _95\"> </span>3.816Riserve e utili ( perdite) a  nuovo<span class=\"_ _11a\"> </span>998Risultato dell'esercizio<span class=\"_ _11b\"> </span>1.484Totale patrimonio netto del Gruppo<span class=\"_ _11c\"> </span>6.298Capitale e riserve di terziTotale patrimonio netto<span class=\"_ _11d\"> </span>6.298Totale attivo 30.448Totale passivo30.448Le <span class=\"_ _1\"> </span>informazioni <span class=\"_ _1\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _1\"> </span>utilizzate <span class=\"_\"> </span>a<span class=\"_ _2\"></span>i <span class=\"_ _1\"> </span>fini <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>consolida<span class=\"_ _0\"></span>mento <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>quelle <span class=\"_ _1\"> </span>predisp<span class=\"_ _0\"></span>oste dagli organi<span class=\"_ _0\"></span> amministrativi <span class=\"_ _0\"></span>delle singol<span class=\"_ _0\"></span>e societ\u00e0, ap<span class=\"_ _0\"></span>plicando i pr<span class=\"_ _0\"></span>incipi ed <span class=\"_ _0\"></span>i criteri co<span class=\"_ _0\"></span>ntabili del<span class=\"_ _0\"></span> Gruppo.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__18": {
   "value": "2. PRINCIPI CONTABILI E CRITERI DI VALUTAZIONE<span class=\"fc5\"> </span>Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>31 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>tato <span class=\"_ _f\"> </span>predisposto <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onformit\u00e0 <span class=\"_ _f\"> </span>ai <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipi contabili <span class=\"_ _3\"></span>inter<span class=\"_ _0\"></span>nazionali <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>messi <span class=\"_ _3\"></span>dallo <span class=\"_ _d\"></span>IASB<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>omologat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dall\u2019Uni<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>Europe<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>ta di <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>hiusura <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _11\"> </span>bilanci<span class=\"_ _0\"></span>o, <span class=\"_ _10\"> </span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _11\"> </span>ai <span class=\"_ _11\"> </span>provv<span class=\"_ _0\"></span>edimenti <span class=\"_ _11\"> </span>emana<span class=\"_ _0\"></span>ti <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>attuazione<span class=\"_ _0\"></span> dell\u2019articolo 9 d<span class=\"_ _0\"></span>el D.lgs 38<span class=\"_ _0\"></span>/2005 e a<span class=\"_ _0\"></span>lle altre norm<span class=\"_ _0\"></span>e di le<span class=\"_ _0\"></span>gge e disposiz<span class=\"_ _0\"></span>ioni Consob<span class=\"_ _0\"></span> in materia di bilancio per qua<span class=\"_ _0\"></span>nto appl<span class=\"_ _0\"></span>icabili. 2.1 Principi contabili Il <span class=\"_ _a\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>nsolidato<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _b\"> </span>dicembre <span class=\"_ _b\"> </span>2022 <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>mparato <span class=\"_ _b\"> </span>con <span class=\"_ _b\"> </span>il <span class=\"_ _b\"> </span>bilancio <span class=\"_ _b\"> </span>consolidato<span class=\"_ _0\"></span> dell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte, <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>cos<span class=\"_ _0\"></span>tituito <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>prospetto <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>situazione <span class=\"_ _a\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _a\"> </span>- finanziaria, <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>prospetto <span class=\"_ _1\"> </span>dell\u2019utile/(perdita) <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cont<span class=\"_ _0\"></span>o economico <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>plessivo <span class=\"_\"> </span>consolidato, <span class=\"_\"> </span>dal <span class=\"_ _1\"> </span>prospetto <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>movimentazioni <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>patri<span class=\"_ _0\"></span>monio netto <span class=\"_ _9\"> </span>consolidato, <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>re<span class=\"_ _0\"></span>ndiconto <span class=\"_ _9\"> </span>finanziario<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _9\"> </span>nonch\u00e9 <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>pre<span class=\"_ _0\"></span>senti <span class=\"_ _9\"> </span>note esplicative. Le <span class=\"_ _3\"></span>note <span class=\"_ _d\"></span>esplicat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>hann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>funzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>illustrar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipi <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>redazione <span class=\"_ _d\"></span>adottat<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>fornire <span class=\"_ _d\"></span>le informazioni <span class=\"_ _3\"></span>richieste <span class=\"_ _3\"></span>dai <span class=\"_ _3\"></span>principi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontabili <span class=\"_ _3\"></span>IFRS, <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>contenute <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>altre <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>bilancio, nonch\u00e8 <span class=\"_ _3\"></span>fornire<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>l\u2019ulteriore <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>esposta <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>pros<span class=\"_ _0\"></span>petti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>\u00e8 necessaria ai fini d<span class=\"_ _0\"></span>i una ra<span class=\"_ _0\"></span>ppresentaz<span class=\"_ _0\"></span>ione attendibil<span class=\"_ _0\"></span>e dell\u2019attivit\u00e0 azi<span class=\"_ _0\"></span>endale. Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>edatto <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ulla <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>pri<span class=\"_ _0\"></span>ncipio <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>cost<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>storico, <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>ecc<span class=\"_ _0\"></span>ezione degli strument<span class=\"_ _0\"></span>i finanziari de<span class=\"_ _0\"></span>rivati la<span class=\"_ _0\"></span> cui valutazione <span class=\"_ _0\"></span>\u00e8 ef<span class=\"_ _0\"></span>fettuata co<span class=\"_ _0\"></span>n il principio <span class=\"_ _0\"></span>del fair va<span class=\"_ _0\"></span>lue, e <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentate <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>titoli <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>optato <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificazione tra <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>valutate <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alue <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mputazione <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economico, <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>nch\u00e9 sul presupposto de<span class=\"_ _0\"></span>lla conti<span class=\"_ _0\"></span>nuit\u00e0 aziendal<span class=\"_ _0\"></span>e.  Continuit\u00e0 aziendale  Il G<span class=\"_ _0\"></span>ruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chius<span class=\"_ _0\"></span>o il <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>irca <span class=\"_ _0\"></span>3,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, un <span class=\"_ _0\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>total<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>positivo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>49,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>comprensivo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>suddett<span class=\"_ _0\"></span>o risultato) <span class=\"_ _f\"> </span>ed <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>posiz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolidat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>egativa <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _e\"> </span>4<span class=\"_ _0\"></span>5,8 <span class=\"_ _f\"> </span>milioni <span class=\"_ _f\"> </span>di Euro, <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>prensiva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>IFRS <span class=\"_ _d\"></span>16 <span class=\"_ _3\"></span>(le<span class=\"_ _0\"></span>ases) <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>36,4 <span class=\"_ _d\"></span>milioni <span class=\"_ _d\"></span>di Euro. La C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chiuso <span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>icembre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di c<span class=\"_ _0\"></span>irca 3,6<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni d<span class=\"_ _0\"></span>i Euro, <span class=\"_\"> </span>un <span class=\"_\"> </span>pa<span class=\"_ _2\"></span>trimoni<span class=\"_ _0\"></span>o <span class=\"_\"> </span>netto <span class=\"_\"> </span>positivo <span class=\"_\"> </span>per <span class=\"_\"> </span>circa <span class=\"_\"> </span>38,2<span class=\"_ _2\"></span> <span class=\"_\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>(comprensivo <span class=\"_\"> </span>di <span class=\"_\"> </span>t<span class=\"_ _2\"></span>ale risultato) <span class=\"_ _8\"> </span>ed <span class=\"_ _8\"> </span>una <span class=\"_ _8\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _8\"> </span>finanzi<span class=\"_ _0\"></span>aria <span class=\"_ _8\"> </span>netta <span class=\"_ _8\"> </span>nega<span class=\"_ _0\"></span>tiva <span class=\"_ _14\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _8\"> </span>34,1 <span class=\"_ _8\"> </span>milioni <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>Euro,<span class=\"_ _0\"></span> comprensiva de<span class=\"_ _0\"></span>i debiti iscri<span class=\"_ _0\"></span>tti in applicazione di<span class=\"_ _0\"></span> IFRS 16 (<span class=\"_ _0\"></span>leases) per 15<span class=\"_ _0\"></span>,5 milioni <span class=\"_ _0\"></span>di Euro.  Il <span class=\"_\"> </span>bilancio <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>stat<span class=\"_ _0\"></span>o <span class=\"_\"> </span>redatto<span class=\"_ _0\"></span> <span class=\"_\"> </span>ponendo <span class=\"_\"> </span>particolar<span class=\"_ _0\"></span>e <span class=\"_\"> </span>attenz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>a <span class=\"_\"> </span>tutti <span class=\"_\"> </span>i <span class=\"_\"> </span>fatt<span class=\"_ _0\"></span>ori <span class=\"_\"> </span>che <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ono influenzare il pres<span class=\"_ _0\"></span>upposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale.  In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>17 <span class=\"_ _3\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2021 <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>sottoscr<span class=\"_ _0\"></span>itto <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>per complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanziamento, <span class=\"_ _6a\"> </span>intera<span class=\"_ _0\"></span>mente <span class=\"_ _6a\"> </span>erogato <span class=\"_ _6a\"> </span>su <span class=\"_ _6a\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _11e\"> </span>corrente<span class=\"_ _0\"></span> <span class=\"_ _11e\"> </span>dedic<span class=\"_ _0\"></span>ato: <span class=\"_ _11e\"> </span>(i)\u00e8 <span class=\"_ _5\"> </span>st<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>ut<span class=\"_ _0\"></span>ilizzato, <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>14,357 <span class=\"_ _e\"> </span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>ine <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>rim<span class=\"_ _0\"></span>borsare <span class=\"_ _e\"> </span>unaquota <span class=\"_ _d\"></span>parte <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019indebita<span class=\"_ _0\"></span>mento <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iario <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>Capogruppo,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _d\"></span>data, <span class=\"_ _5\"></span>con <span class=\"_ _d\"></span>DeA<span class=\"_ _0\"></span> Capital <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lternative <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>unds <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>GR <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _0\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _0\"></span>(ii) <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3,643 milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inter<span class=\"_ _0\"></span>amente <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ilizzata <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>il p<span class=\"_ _0\"></span>agamento <span class=\"_ _3\"></span>di s<span class=\"_ _0\"></span>alari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stipend<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel corso<span class=\"_ _0\"></span> dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _a\"> </span>fina<span class=\"_ _0\"></span>nziamento <span class=\"_ _b\"> </span>prevede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>trimes<span class=\"_ _0\"></span>trali, <span class=\"_ _a\"> </span>compr<span class=\"_ _0\"></span>ensive <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _b\"> </span>mag<span class=\"_ _0\"></span>giorato <span class=\"_ _b\"> </span>del <span class=\"_ _14\"> </span>3,25% <span class=\"_ _b\"> </span>annuo<span class=\"_ _0\"></span>, <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quota <span class=\"_ _14\"> </span>capitale <span class=\"_ _b\"> </span>cos<span class=\"_ _0\"></span>tante <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _b\"> </span>dal <span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1 dicembre <span class=\"_ _f\"> </span>202<span class=\"_ _0\"></span>2 <span class=\"_ _f\"> </span>(incluso) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sino <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>data <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>30 <span class=\"_ _f\"> </span>settembre <span class=\"_ _1\"> </span>2027. <span class=\"_ _f\"> </span>Si segnala <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _b\"> </span>le <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ate <span class=\"_ _a\"> </span>sca<span class=\"_ _0\"></span>dute <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _a\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _a\"> </span>e <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _a\"> </span>marz<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>2023 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _a\"> </span>stat<span class=\"_ _0\"></span>e regolarmente <span class=\"_ _a\"> </span>rimborsate <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>un <span class=\"_\"> </span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _a\"> </span>pari <span class=\"_\"> </span>risp<span class=\"_ _0\"></span>ettivamente <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>1,101 <span class=\"_ _a\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro,<span class=\"_ _0\"></span> comprensivo <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>0,201 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>,236 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>lioni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _d\"></span>compr<span class=\"_ _0\"></span>ensivo <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i 0,236 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>interess<span class=\"_ _0\"></span>i. <span class=\"_ _d\"></span>Al <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>proprie <span class=\"_ _5\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l contratto <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>inanziamento, <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>Capogrupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncesso <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>\u2019ipoteca <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>grado<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>uni immobili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>gno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>taluni <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>finanziamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>altres\u00ec <span class=\"_ _3\"></span>assistito <span class=\"_ _3\"></span>da garanzia <span class=\"_ _14\"> </span>emes<span class=\"_ _0\"></span>sa <span class=\"_ _14\"> </span>da <span class=\"_ _14\"> </span>SA<span class=\"_ _0\"></span>CE <span class=\"_ _14\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _14\"> </span>ai <span class=\"_ _14\"> </span>sens<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>del <span class=\"_ _8\"> </span>Decreto-legge<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>8 <span class=\"_ _14\"> </span>aprile <span class=\"_ _14\"> </span>2<span class=\"_ _0\"></span>020 <span class=\"_ _14\"> </span>n. <span class=\"_ _14\"> </span>23<span class=\"_ _0\"></span> (convertito, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>modificazi<span class=\"_ _0\"></span>oni, <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Legge <span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.<span class=\"_ _0\"></span>U.I. <span class=\"_ _3\"></span>2020/199<span class=\"_ _0\"></span>0/2I; <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 dicembre <span class=\"_ _1\"> </span>2022 <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>ersato <span class=\"_ _1\"> </span>circa <span class=\"_ _1\"> </span>0,132 <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tito<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>spese<span class=\"_ _0\"></span> dovute a SACE <span class=\"_ _0\"></span>S.p.A. com<span class=\"_ _0\"></span>e previsto <span class=\"_ _0\"></span>dal contratto.<span class=\"_ _0\"></span> Il finanziamento pr<span class=\"_ _0\"></span>evede il r<span class=\"_ _0\"></span>ispetto di a<span class=\"_ _0\"></span>lcuni parametr<span class=\"_ _0\"></span>i finanziari:  a) <span class=\"_ _3e\"> </span>LTV <span class=\"_ _d\"></span>- <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>rapporto <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziamento <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _3\"></span>imm<span class=\"_ _0\"></span>obili <span class=\"_ _d\"></span>ipotecati <span class=\"_ _d\"></span>(come <span class=\"_ _d\"></span>da valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>izia), <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>risultato <span class=\"_ _0\"></span>inferiore <span class=\"_ _3\"></span>all\u2019 80% (ottanta per c<span class=\"_ _0\"></span>ento) d<span class=\"_ _0\"></span>egli stessi, com<span class=\"_ _0\"></span>e previsto da<span class=\"_ _0\"></span>l contratto di<span class=\"_ _0\"></span> finanziamento<span class=\"_ _0\"></span>;  b) <span class=\"_ _3e\"> </span>il <span class=\"_ _f\"> </span>rapporto <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _f\"> </span>consolid<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>depurata <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>effetti <span class=\"_ _f\"> </span>di IFRS <span class=\"_ _f\"> </span>16 <span class=\"_ _e\"> </span>\u2013 <span class=\"_ _f\"> </span>leases <span class=\"_ _f\"> </span>sul <span class=\"_ _f\"> </span>debito <span class=\"_ _f\"> </span>finanziario) <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>l\u2019Ebitda <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolida<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>sempre <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>etto degli <span class=\"_\"> </span>effetti <span class=\"_\"> </span>d<span class=\"_ _2\"></span>erivanti <span class=\"_\"> </span>dalla <span class=\"_\"> </span>\u201clea<span class=\"_ _2\"></span>se <span class=\"_\"> </span>accounting\u201d) <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 risultava <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>0,6 <span class=\"_ _b\"> </span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>mpiamente <span class=\"_ _b\"> </span>nel<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>parametri, <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>q<span class=\"_ _0\"></span>uanto<span class=\"_ _0\"></span> inferiore al limite <span class=\"_ _0\"></span>di 2,8 stab<span class=\"_ _0\"></span>ilito dal contrat<span class=\"_ _0\"></span>to di finanziament<span class=\"_ _0\"></span>o;  c) <span class=\"_ _c\"> </span>il <span class=\"_\"> </span>ra<span class=\"_ _0\"></span>pporto <span class=\"_\"> </span>tra <span class=\"_ _a\"> </span>la <span class=\"_\"> </span>posizion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fin<span class=\"_ _0\"></span>anziaria <span class=\"_ _a\"> </span>netta <span class=\"_\"> </span>consolidata <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>atrimonio <span class=\"_ _a\"> </span>netto consolidato <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>dic<span class=\"_ _0\"></span>embre <span class=\"_ _d\"></span>2022 <span class=\"_ _d\"></span>risultav<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>0,2 <span class=\"_ _d\"></span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>petto dei parametri<span class=\"_ _0\"></span>, in quanto inf<span class=\"_ _0\"></span>eriore allo 0,9 s<span class=\"_ _0\"></span>tabilito d<span class=\"_ _0\"></span>al contratto d<span class=\"_ _0\"></span>i finanziamento<span class=\"_ _0\"></span>. Con <span class=\"_ _b\"> </span>l\u2019ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>svilupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _b\"> </span>ch<span class=\"_ _0\"></span>e, <span class=\"_ _b\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>data <span class=\"_ _b\"> </span>22 <span class=\"_ _14\"> </span>lugl<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _b\"> </span>la Capogruppo <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>acquisito<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>l\u2019intero <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>sociale <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _a\"> </span>(indirettam<span class=\"_ _0\"></span>ente controllata <span class=\"_ _e\"> </span>da <span class=\"_ _d\"></span>As<span class=\"_ _0\"></span>trance <span class=\"_ _e\"> </span>Capital <span class=\"_ _5\"></span>S.A.<span class=\"_ _0\"></span>S.), <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>4 <span class=\"_ _5\"> </span>mil<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _5\"></span>creando cos\u00ec una delle pr<span class=\"_ _0\"></span>incipali rea<span class=\"_ _0\"></span>lt\u00e0 europee nel<span class=\"_ _0\"></span> settore de<span class=\"_ _0\"></span>i tessili per <span class=\"_ _0\"></span>la casa.  L\u2019acquisizione <span class=\"_ _f\"> </span>costituisc<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>part<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>ragione <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>circostanza<span class=\"_ _0\"></span> che <span class=\"_ _3e\"> </span>Descamps <span class=\"_ _3e\"> </span>S.A.S. <span class=\"_ _3e\"> </span>er<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>controllata <span class=\"_ _3e\"> </span>indirett<span class=\"_ _0\"></span>amente <span class=\"_ _3e\"> </span>da <span class=\"_ _3e\"> </span>Astr<span class=\"_ _0\"></span>ance <span class=\"_ _3e\"> </span>Capital <span class=\"_ _3e\"> </span>S.A.S.,<span class=\"_ _0\"></span> integralmente <span class=\"_ _11\"> </span>par<span class=\"_ _0\"></span>tecipata <span class=\"_ _11\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>amministrat<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>J<span class=\"_ _0\"></span>oel <span class=\"_ _10\"> </span>D<span class=\"_ _0\"></span>avid <span class=\"_ _11\"> </span>Ben<span class=\"_ _0\"></span>ilouche <span class=\"_ _11\"> </span>(Pres<span class=\"_ _0\"></span>idente <span class=\"_ _11\"> </span>e Amministratore<span class=\"_ _0\"></span> Delegato d<span class=\"_ _0\"></span>ella Societ\u00e0) e F<span class=\"_ _0\"></span>lorian Gay<span class=\"_ _0\"></span>et (amministr<span class=\"_ _0\"></span>atore della So<span class=\"_ _0\"></span>ciet\u00e0).<span class=\"_ _0\"></span> Conformemente <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quanto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>previsto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _a\"> </span>Rego<span class=\"_ _0\"></span>lamento <span class=\"_ _b\"> </span>OPC <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>dalla <span class=\"_ _a\"> </span>\u201c<span class=\"_ _0\"></span>Procedur<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>le operazioni <span class=\"_ _3e\"> </span>con <span class=\"_ _3e\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>correlate\u201d <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Capogrupp<span class=\"_ _0\"></span>o, <span class=\"_ _3e\"> </span>l\u2019operazione <span class=\"_ _3e\"> </span>\u00e8 <span class=\"_ _3e\"> </span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>approvata all\u2019unanimit\u00e0 <span class=\"_ _3e\"> </span>dal <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>A<span class=\"_ _0\"></span>mministrazione <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Vincenzo <span class=\"_ _3e\"> </span>Zucchi <span class=\"_ _3e\"> </span>S.p.A., <span class=\"_ _13\"> </span>c<span class=\"_ _0\"></span>on l\u2019astensione <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>onsiglieri <span class=\"_ _0\"></span>Joel <span class=\"_ _0\"></span>David <span class=\"_ _0\"></span>Benilouc<span class=\"_ _0\"></span>he e F<span class=\"_ _0\"></span>lorian <span class=\"_ _0\"></span>Gayet, <span class=\"_ _0\"></span>previo <span class=\"_ _0\"></span>parere <span class=\"_ _0\"></span>favorev<span class=\"_ _0\"></span>ole del <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>omitato <span class=\"_ _d\"></span>Contr<span class=\"_ _0\"></span>ollo <span class=\"_ _d\"></span>Inte<span class=\"_ _0\"></span>rno, <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>valendos<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>suppor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Audirevi <span class=\"_ _d\"></span>Tr<span class=\"_ _0\"></span>ansaction <span class=\"_ _5\"></span>Services S.r.l. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>esperto <span class=\"_ _3\"></span>indipendente <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>rilasci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>parere<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>congruit\u00e0 delle <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dizioni <span class=\"_ _3\"></span>indicate <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>partico<span class=\"_ _0\"></span>lare <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul <span class=\"_ _3\"></span>prezzo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquisto <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> Descamps S.A.<span class=\"_ _0\"></span>S.. Nell\u2019esercizio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>iniziata <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>ova <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>biancher<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>asa <span class=\"_ _3\"></span>nei <span class=\"_ _d\"></span>negozi<span class=\"_ _0\"></span> della <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trollata <span class=\"_ _d\"></span>Zuckids <span class=\"_ _d\"></span>S.r.l. <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _d\"></span>dell\u2019opera <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>riconversione <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>stessi <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>vend<span class=\"_ _0\"></span>ita di abbigliam<span class=\"_ _0\"></span>ento per <span class=\"_ _0\"></span>bambini a<span class=\"_ _0\"></span> negozi<span class=\"_ _0\"></span> di vendita<span class=\"_ _0\"></span> biancheria p<span class=\"_ _0\"></span>er la c<span class=\"_ _0\"></span>asa. I<span class=\"_ _0\"></span> negozi Z<span class=\"_ _0\"></span>uckids in<span class=\"_ _0\"></span> Italia <span class=\"_ _e\"> </span>vendono <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>prodotti <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>tto <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>insegna <span class=\"_ _e\"> </span>\u201cBassett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Home <span class=\"_ _e\"> </span>Innovation\u201d,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>marc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>propriet\u00e0 della <span class=\"_ _5\"></span>Vincenzo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A., <span class=\"_ _5\"> </span>mentre <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _5\"> </span>ubica<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Francia <span class=\"_ _5\"> </span>eserc<span class=\"_ _0\"></span>itano <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _5\"></span>sotto l\u2019insegna Des<span class=\"_ _0\"></span>camps. Inoltre, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>entrata <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno <span class=\"_ _e\"> </span>regi<span class=\"_ _0\"></span>me <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _e\"> </span>Basi<span class=\"_ _0\"></span>talia <span class=\"_ _e\"> </span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>legata <span class=\"_ _e\"> </span>all\u2019home<span class=\"_ _0\"></span> decor <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>alla <span class=\"_ _a\"> </span>rinnovazion<span class=\"_ _0\"></span>e, <span class=\"_\"> </span>iniziat<span class=\"_ _0\"></span>a <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>ll\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_\"> </span>p<span class=\"_ _0\"></span>recedente, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>rtato <span class=\"_\"> </span>un<span class=\"_ _0\"></span>a sostanziale <span class=\"_ _0\"></span>modifica nell\u2019att<span class=\"_ _0\"></span>ivit\u00e0 della societ<span class=\"_ _0\"></span>\u00e0. Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1,15<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evedeva <span class=\"_ _0\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>decorrere <span class=\"_ _3\"></span>dalla dat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>del 30 giugn<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>021 ca<span class=\"_ _0\"></span>lcolati <span class=\"_ _0\"></span>ad un<span class=\"_ _0\"></span> tass<span class=\"_ _0\"></span>o par<span class=\"_ _0\"></span>i a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span> punti <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e per <span class=\"_ _0\"></span>anno, <span class=\"_ _0\"></span>sulla <span class=\"_ _0\"></span>base <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>anno<span class=\"_ _0\"></span> di 365 giorni, <span class=\"_ _0\"></span>per il numero <span class=\"_ _0\"></span>effettivo di g<span class=\"_ _0\"></span>iorni trascorsi. <span class=\"_ _0\"></span> Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1,2 <span class=\"_ _0\"></span>milioni di Euro<span class=\"_ _0\"></span>. In <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>23 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _d\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _5\"></span>ha <span class=\"_ _5\"></span>ceduto <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019intero <span class=\"_ _5\"></span>comples<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>industriale <span class=\"_ _5\"></span>sit<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>in<span class=\"_ _0\"></span> Notaresco <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>3 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>zialmente <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>linea <span class=\"_ _3\"></span>col <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>dell\u2019area<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>21 <span class=\"_ _f\"> </span>otte<span class=\"_ _0\"></span>nuto <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>terz<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>indi<span class=\"_ _0\"></span>pendente.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>generato <span class=\"_ _1\"> </span>una minusvalenza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>154 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019ulteriore <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>erdita <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>150 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>ta ad <span class=\"_ _10\"> </span>u<span class=\"_ _0\"></span>n\u2019indennit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isarcitori<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>avore <span class=\"_ _11\"> </span>dell\u2019ac<span class=\"_ _0\"></span>quirente <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>prevista <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>a<span class=\"_ _0\"></span>lcune <span class=\"_ _13\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> Si <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>noltre <span class=\"_ _f\"> </span>che, <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>sostegno <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>esigenze <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>posto <span class=\"_ _e\"> </span>in essere <span class=\"_ _0\"></span>operazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cessio<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>venute <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condiz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>pro <span class=\"_ _0\"></span>soluto<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> crediti, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>circa <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>eliminati <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>bilanci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o dal <span class=\"_ _3\"></span>Fac<span class=\"_ _0\"></span>tor, <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>netto <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>si <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>circa <span class=\"_ _d\"></span>486 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>tra <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide. L\u2019aggravarsi <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>situazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>usata <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>guerra <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>Russia <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>Ucraina <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le tensioni <span class=\"_ _9\"> </span>internaziona<span class=\"_ _0\"></span>li <span class=\"_ _8\"> </span>che <span class=\"_ _9\"> </span>ne <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>derivate <span class=\"_ _9\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _8\"> </span>acuito <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>crisi <span class=\"_ _9\"> </span>energe<span class=\"_ _0\"></span>tica <span class=\"_ _8\"> </span>e<span class=\"_ _0\"></span>d <span class=\"_ _8\"> </span>il conseguente<span class=\"_ _0\"></span> rallentam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>della c<span class=\"_ _0\"></span>rescita. I<span class=\"_ _0\"></span>l rit<span class=\"_ _0\"></span>orno all\u2019<span class=\"_ _0\"></span>instabilit\u00e0 <span class=\"_ _0\"></span>dovuta<span class=\"_ _0\"></span> al c<span class=\"_ _0\"></span>onflitto <span class=\"_ _0\"></span>tuttora <span class=\"_ _0\"></span>in corso non <span class=\"_ _0\"></span>permette d<span class=\"_ _0\"></span>i prev<span class=\"_ _0\"></span>edere quant<span class=\"_ _0\"></span>o durer<span class=\"_ _0\"></span>anno gli<span class=\"_ _0\"></span> impatti <span class=\"_ _0\"></span>sulla fre<span class=\"_ _0\"></span>nata de<span class=\"_ _0\"></span>ll\u2019economia. I<span class=\"_ _0\"></span>l Gruppo <span class=\"_ _5\"></span>osserva <span class=\"_ _5\"> </span>con <span class=\"_ _5\"> </span>estrema <span class=\"_ _5\"> </span>atte<span class=\"_ _0\"></span>nzione <span class=\"_ _5\"></span>l\u2019evoluzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>crisi <span class=\"_ _5\"></span>anche <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019impatto <span class=\"_ _5\"></span>dirett<span class=\"_ _0\"></span>o sullo <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>circoscritto,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>aven<span class=\"_ _0\"></span>do <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>presenza <span class=\"_ _5\"></span>produtt<span class=\"_ _0\"></span>iva <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>quell\u2019area <span class=\"_ _5\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>essend<span class=\"_ _0\"></span>o limitata l\u2019espos<span class=\"_ _0\"></span>izione ai cli<span class=\"_ _0\"></span>enti della regi<span class=\"_ _0\"></span>one.  Alla <span class=\"_\"> </span>luce <span class=\"_\"> </span>dei <span class=\"_\"> </span>p<span class=\"_ _2\"></span>ositivi <span class=\"_\"> </span>eventi <span class=\"_\"> </span>che <span class=\"_\"> </span>hanno <span class=\"_\"> </span>sancito <span class=\"_\"> </span>il <span class=\"_\"> </span>riequilibrio <span class=\"_\"> </span>finanziario <span class=\"_\"> </span>del <span class=\"_\"> </span>Gruppo, <span class=\"_\"> </span>in considerazion<span class=\"_ _0\"></span>e delle <span class=\"_ _0\"></span>previsioni c<span class=\"_ _0\"></span>ontenute <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>2023 <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>fronte <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>buone <span class=\"_ _0\"></span>risultanze ottenute <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>impatt<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>derivanti <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>pande<span class=\"_ _0\"></span>mia <span class=\"_ _d\"></span>prima <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>conflitto <span class=\"_ _d\"></span>ucraino<span class=\"_ _0\"></span> poi, <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"></span>amministr<span class=\"_ _0\"></span>atori <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>ritengono <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>disporre <span class=\"_ _5\"></span>delle <span class=\"_ _e\"> </span>risorse <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iarie, <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i management <span class=\"_ _10\"> </span>e <span class=\"_ _9\"> </span>organ<span class=\"_ _0\"></span>izzative <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _9\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>necess<span class=\"_ _0\"></span>arie <span class=\"_ _9\"> </span>per <span class=\"_ _10\"> </span>continuare <span class=\"_ _10\"> </span>ad <span class=\"_ _9\"> </span>a<span class=\"_ _0\"></span>dottare <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> presupposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale nella r<span class=\"_ _0\"></span>edazione del<span class=\"_ _0\"></span> bilancio. 3. PRINCIPI DI CONSOLIDAMENTO E CRITERI DI VALUTAZIONE Il <span class=\"_ _d\"></span>bilancio <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onsolidato<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>include <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>della <span class=\"_ _5\"></span>Societ\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>delle <span class=\"_ _5\"></span>imprese <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e (le <span class=\"_ _f\"> </span>contr<span class=\"_ _0\"></span>ollate <span class=\"_ _1\"> </span>\u2013 <span class=\"_ _1\"> </span>l\u2019elenco <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>quali <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>Nota <span class=\"_ _1\"> </span>45) <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>edatti <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _f\"> </span>an<span class=\"_ _0\"></span>no modificati, ove n<span class=\"_ _0\"></span>ecessario, <span class=\"_ _0\"></span>per uniformarl<span class=\"_ _0\"></span>i ai principi adottat<span class=\"_ _0\"></span>i dal Grupp<span class=\"_ _0\"></span>o.  Il <span class=\"_ _1\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>control<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>un\u2019impresa <span class=\"_ _1\"> </span>quando <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>poter<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>determinare <span class=\"_ _1\"> </span>le <span class=\"_\"> </span>politiche finanziarie <span class=\"_ _3e\"> </span>e <span class=\"_ _13\"> </span>operat<span class=\"_ _0\"></span>ive <span class=\"_ _13\"> </span>dell<span class=\"_ _0\"></span>\u2019impresa <span class=\"_ _3e\"> </span>oggetto <span class=\"_ _13\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>in<span class=\"_ _0\"></span>vestimento <span class=\"_ _3e\"> </span>in <span class=\"_ _13\"> </span>modo <span class=\"_ _3e\"> </span>da <span class=\"_ _13\"> </span>inci<span class=\"_ _0\"></span>dere sull\u2019ammontare <span class=\"_ _a\"> </span>dei <span class=\"_\"> </span>benefici <span class=\"_\"> </span>attesi <span class=\"_\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>sua <span class=\"_\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>(esposizione <span class=\"_ _a\"> </span>o <span class=\"_\"> </span>diritti <span class=\"_\"> </span>ai <span class=\"_\"> </span>rendimenti<span class=\"_ _0\"></span> variabili). <span class=\"_\"> </span>Generalmente <span class=\"_ _1\"> </span>v<span class=\"_ _0\"></span>i <span class=\"_\"> </span>\u00e8<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>presunzione <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _1\"> </span>contr<span class=\"_ _0\"></span>ollo <span class=\"_\"> </span>q<span class=\"_ _2\"></span>uando <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>Gruppo <span class=\"_\"> </span>detiene <span class=\"_ _1\"> </span>la maggioranza d<span class=\"_ _0\"></span>ei diritti di voto, ev<span class=\"_ _0\"></span>entualment<span class=\"_ _0\"></span>e tenendo c<span class=\"_ _0\"></span>onto dei dir<span class=\"_ _0\"></span>itti di voto potenz<span class=\"_ _0\"></span>iali. 3.1  Principi di consolidamento Controllate<span class=\"_ _0\"></span> I <span class=\"_ _f\"> </span>risultati <span class=\"_ _f\"> </span>economici <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>imprese <span class=\"_ _f\"> </span>control<span class=\"_ _0\"></span>late <span class=\"_ _f\"> </span>acquisite <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>cedu<span class=\"_ _0\"></span>te <span class=\"_ _f\"> </span>nel <span class=\"_ _f\"> </span>corso <span class=\"_ _f\"> </span>dell\u2019esercizio sono <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nclusi <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ospetto <span class=\"_ _3\"></span>dell\u2019utile/(p<span class=\"_ _0\"></span>erdita) <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>conto economico <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>omplessivo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>consoli<span class=\"_ _0\"></span>dato <span class=\"_ _3\"></span>dall\u2019<span class=\"_ _0\"></span>effettiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>acquisiz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>fino <span class=\"_ _d\"></span>all\u2019effe<span class=\"_ _0\"></span>ttiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> di cessione. Il <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabile <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>pa<span class=\"_ _0\"></span>rtecipazioni <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>eliminato <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntro <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>rel<span class=\"_ _0\"></span>ativi patrimoni <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>tti <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>front<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>dell\u2019assunz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _f\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>passivit\u00e0 <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>stesse <span class=\"_ _1\"> </span>secondo <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> metodo <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>integrazi<span class=\"_ _0\"></span>one <span class=\"_ _3e\"> </span>globa<span class=\"_ _0\"></span>le. <span class=\"_ _3e\"> </span>La <span class=\"_ _3e\"> </span>differenza<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>tra <span class=\"_ _3e\"> </span>il <span class=\"_ _3e\"> </span>prezzo <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>acquis<span class=\"_ _0\"></span>to <span class=\"_ _3e\"> </span>della partecipazione <span class=\"_\"> </span>ed <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>patrimonio <span class=\"_\"> </span>netto <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ontabile <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _1\"> </span>cui <span class=\"_\"> </span>l\u2019impresa <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>inc<span class=\"_ _0\"></span>lusa <span class=\"_ _1\"> </span>n<span class=\"_ _0\"></span>el consolidament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputat<span class=\"_ _0\"></span>a, <span class=\"_ _f\"> </span>nei <span class=\"_ _f\"> </span>limiti <span class=\"_ _f\"> </span>attribuibili, <span class=\"_ _f\"> </span>agli <span class=\"_ _f\"> </span>elementi <span class=\"_ _f\"> </span>dell\u2019attivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>passivo <span class=\"_ _f\"> </span>e delle <span class=\"_ _8\"> </span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _9\"> </span>pote<span class=\"_ _0\"></span>nziali <span class=\"_ _9\"> </span>dell\u2019impresa <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>onsolidata.<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>L\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _9\"> </span>differenz<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>residu<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>e positiva \u00e8 attri<span class=\"_ _0\"></span>buita alla voc<span class=\"_ _0\"></span>e avviament<span class=\"_ _0\"></span>o, se negativa <span class=\"_ _0\"></span>viene imputata <span class=\"_ _0\"></span>al conto ec<span class=\"_ _0\"></span>onomico.<span class=\"_ _0\"></span> Tutte <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>perazioni <span class=\"_ _1\"> </span>signific<span class=\"_ _0\"></span>ative <span class=\"_ _1\"> </span>intercorse <span class=\"_ _1\"> </span>(costi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>ricavi) <span class=\"_ _1\"> </span>fra <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>societ\u00e0 <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>i relativi <span class=\"_ _3\"></span>sa<span class=\"_ _0\"></span>ldi <span class=\"_ _3\"></span>(cred<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>biti) <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>eliminat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>proc<span class=\"_ _0\"></span>esso <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>consolidam<span class=\"_ _0\"></span>ento, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>os\u00ec <span class=\"_ _3\"></span>come <span class=\"_ _d\"></span>gli utili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>real<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>tali <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nsazioni; <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>eliminat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> cui esse rappres<span class=\"_ _0\"></span>entino un <span class=\"_ _0\"></span>effettivo minor<span class=\"_ _0\"></span> valore del<span class=\"_ _0\"></span> bene.  Sono integralment<span class=\"_ _0\"></span>e elimina<span class=\"_ _0\"></span>ti i dividendi distr<span class=\"_ _0\"></span>ibuiti ne<span class=\"_ _0\"></span>ll\u2019ambito del grupp<span class=\"_ _0\"></span>o. La <span class=\"_ _d\"></span>quot<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interessenz<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _d\"></span>az<span class=\"_ _0\"></span>ionisti <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>mi<span class=\"_ _0\"></span>noranza <span class=\"_ _5\"></span>(partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>terz<span class=\"_ _0\"></span>i) <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 nette <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>olidate <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>identificata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>separatamente <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _3\"></span>netto di <span class=\"_ _f\"> </span>Gruppo; <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>quota <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>ter<span class=\"_ _0\"></span>zi <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>risulta<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>d\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>ev<span class=\"_ _0\"></span>idenziata separatamente <span class=\"_ _b\"> </span>nel <span class=\"_ _a\"> </span>pros<span class=\"_ _0\"></span>petto <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile/(perdita) <span class=\"_ _b\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>ltre <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>nenti <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompless<span class=\"_ _0\"></span>ivo <span class=\"_ _e\"> </span>consolidato.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Tal<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>inte<span class=\"_ _0\"></span>ressenza <span class=\"_ _f\"> </span>viene <span class=\"_ _e\"> </span>deter<span class=\"_ _0\"></span>minata <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bas<span class=\"_ _0\"></span>e alla <span class=\"_ _5\"> </span>percen<span class=\"_ _0\"></span>tuale <span class=\"_ _e\"> </span>da <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>detenuta <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>ei <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _e\"> </span>value <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _e\"> </span>iscritte <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data<span class=\"_ _0\"></span> dell\u2019acquisizione <span class=\"_ _3e\"> </span>ori<span class=\"_ _0\"></span>ginaria <span class=\"_ _3e\"> </span>e <span class=\"_ _3e\"> </span>nelle <span class=\"_ _3e\"> </span>variazioni <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _3e\"> </span>netto <span class=\"_ _3e\"> </span>dopo <span class=\"_ _3e\"> </span>tale <span class=\"_ _3e\"> </span>data.<span class=\"_ _0\"></span> Successivame<span class=\"_ _0\"></span>nte <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attribuibili <span class=\"_ _e\"> </span>agli<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>azionisti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>minoranza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>(partecipazioni <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>terzi) eccedenti <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>loro <span class=\"_ _3\"></span>spettanza <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tribuite <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Gruppo ad <span class=\"_ _f\"> </span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>casi <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>cui <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>inoranze <span class=\"_ _1\"> </span>hanno <span class=\"_ _1\"> </span>un\u2019obbligazione <span class=\"_ _1\"> </span>vincolante <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>in grado di fornire u<span class=\"_ _0\"></span>lteriori inv<span class=\"_ _0\"></span>estimenti per c<span class=\"_ _0\"></span>oprire le <span class=\"_ _0\"></span>perdite.<span class=\"_ _0\"></span> I <span class=\"_\"> </span>bilanci <span class=\"_\"> </span>separati <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>cias<span class=\"_ _0\"></span>cuna <span class=\"_\"> </span>societ\u00e0 <span class=\"_\"> </span>appartenente<span class=\"_ _0\"></span> <span class=\"_\"> </span>al <span class=\"_ _1\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_\"> </span>vengono <span class=\"_\"> </span>preparati <span class=\"_\"> </span>nella valuta <span class=\"_ _f\"> </span>dell\u2019ambient<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _f\"> </span>primari<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _f\"> </span>essa <span class=\"_ _f\"> </span>oper<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>(valuta <span class=\"_ _f\"> </span>fu<span class=\"_ _0\"></span>nzionale),<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>come <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> seguito indicato:<span class=\"_ _0\"></span> ValutaMascioni USA Inc.USDBassetti S<span class=\"_ _0\"></span>chweiz A.G.CHFNella <span class=\"_ _3\"></span>preparaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>bila<span class=\"_ _0\"></span>nci <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>singo<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>entit\u00e0, <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>operazion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>valute <span class=\"_ _3\"></span>diver<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>dall\u2019Euro sono inizialmen<span class=\"_ _0\"></span>te rilevate ai c<span class=\"_ _0\"></span>ambi alle date <span class=\"_ _0\"></span>delle stesse.<span class=\"_ _0\"></span> Ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"> </span>della <span class=\"_ _5\"> </span>pres<span class=\"_ _0\"></span>entazione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>bilancio <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>onsolidato, <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _5\"></span>imprese controllate <span class=\"_ _3\"></span>est<span class=\"_ _0\"></span>ere, <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>cui <span class=\"_ _d\"></span>valute <span class=\"_ _d\"></span>funziona<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iverse <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>all\u2019Euro, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>conv<span class=\"_ _0\"></span>ertite <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>cambi<span class=\"_ _0\"></span> correnti <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>bi<span class=\"_ _0\"></span>lancio, <span class=\"_ _d\"></span>mentre <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>oro <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economic<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>convertito <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>bio <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>edio dell\u2019esercizio, <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>itenuto <span class=\"_ _e\"> </span>rappr<span class=\"_ _0\"></span>esentativo <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>ai <span class=\"_ _e\"> </span>q<span class=\"_ _0\"></span>uali <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _f\"> </span>effettuate <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>relative operazioni. <span class=\"_ _5\"> </span>Le <span class=\"_ _e\"> </span>differenze <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ambio <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>mergenti <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>oce <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>pat<span class=\"_ _0\"></span>rimonio <span class=\"_ _e\"> </span>netto Riserva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>traduzione<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>Tale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rilevata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _3\"></span>provento <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome onere nel period<span class=\"_ _0\"></span>o in cui la relat<span class=\"_ _0\"></span>iva impresa<span class=\"_ _0\"></span> controllata \u00e8 cedut<span class=\"_ _0\"></span>a. Nell\u2019area <span class=\"_ _c\"> </span>di <span class=\"_ _c\"> </span>consolidame<span class=\"_ _0\"></span>nto <span class=\"_ _c\"> </span>non <span class=\"_ _4\"> </span>vi <span class=\"_ _c\"> </span>sono <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>prese <span class=\"_ _c\"> </span>controllate <span class=\"_ _c\"> </span>e/o<span class=\"_ _0\"></span> <span class=\"_ _4\"> </span>c<span class=\"_ _0\"></span>ollegate <span class=\"_ _c\"> </span>che appartengono <span class=\"_ _0\"></span>a Paesi ad e<span class=\"_ _0\"></span>conomia iperinf<span class=\"_ _0\"></span>lazionata.<span class=\"_ _0\"></span> L\u2019avviamento <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>le <span class=\"_ _5\"> </span>altre <span class=\"_ _5\"></span>rettifich<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>esporre <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lue <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>ntit\u00e0 acquisite <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>rilevati <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>passivit\u00e0 <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0. <span class=\"_ _e\"> </span>Nel <span class=\"_ _e\"> </span>caso <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _e\"> </span>estere acquisite sono c<span class=\"_ _0\"></span>onvertiti al <span class=\"_ _0\"></span>cambio d<span class=\"_ _0\"></span>i fine anno. I <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>applicati <span class=\"_ _e\"> </span>nella <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span>versione <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>bilanci <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>societ\u00e0 <span class=\"_ _e\"> </span>estere <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>paesi <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>adere<span class=\"_ _0\"></span>nti all\u2019Euro sono i s<span class=\"_ _0\"></span>eguenti:  2021<span class=\"_ _11f\"></span>2022medioal 31/12medioal 31/12Franco s<span class=\"_ _0\"></span>vizzero1,00170,98471,07991,0331Dollaro U.S.<span class=\"_ _0\"></span>A1,05001,06661,18161,1326Si <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>iporta <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>principio <span class=\"_\"> </span>per <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>contabilizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>aggregazi<span class=\"_ _0\"></span>oni <span class=\"_ _1\"> </span>aziendali <span class=\"_ _1\"> </span>in<span class=\"_ _0\"></span> conformit\u00e0 al<span class=\"_ _0\"></span>l\u2019IFRS 3 (rivist<span class=\"_ _0\"></span>o nel 2020)<span class=\"_ _0\"></span> Le <span class=\"_ _d\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>aggregazione <span class=\"_ _5\"></span>aziendale <span class=\"_ _5\"></span>(business<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>combination) <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>rilevate <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>accordo con <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019IFRS <span class=\"_ _3\"></span>3- <span class=\"_ _0\"></span>\u2018<span class=\"_ _0\"></span>Aggregazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>iendali\u2019, <span class=\"_ _3\"></span>applicando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osiddetto <span class=\"_ _3\"></span>acquisition <span class=\"_ _3\"></span>method<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>costo di <span class=\"_ _3\"></span>un\u2019acquisizione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>determinato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>somma <span class=\"_ _3\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrispettivi <span class=\"_ _3\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>un\u2019ag<span class=\"_ _0\"></span>gregazione aziendale, <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value, <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>acqu<span class=\"_ _0\"></span>isizione <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>ll\u2019ammontare <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l patrimonio <span class=\"_ _f\"> </span>nett<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>pertinenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>terzi, <span class=\"_ _f\"> </span>valutato <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>valore <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>o-quota <span class=\"_ _f\"> </span>delle attivit\u00e0 <span class=\"_\"> </span>nette <span class=\"_ _a\"> </span>riconosciute <span class=\"_ _a\"> </span>pe<span class=\"_ _2\"></span>r <span class=\"_\"> </span>l\u2019impres<span class=\"_ _0\"></span>a <span class=\"_\"> </span>acquist<span class=\"_ _0\"></span>ata. <span class=\"_ _a\"> </span>Nel <span class=\"_\"> </span>caso <span class=\"_\"> </span>di <span class=\"_\"> </span>aggreg<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>az<span class=\"_ _0\"></span>iendali avvenute <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>fasi<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>artecipazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>edentem<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>Soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>nell\u2019impres<span class=\"_ _0\"></span>a acquisita <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ivalutata <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di ac<span class=\"_ _0\"></span>quisizione <span class=\"_ _3\"></span>del c<span class=\"_ _0\"></span>ontrollo <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l\u2019eventuale <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>o perdita <span class=\"_ _a\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>ne <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onsegue <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ilevata <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>conto <span class=\"_ _a\"> </span>ec<span class=\"_ _0\"></span>onomico. <span class=\"_ _b\"> </span>I <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>ettivi <span class=\"_ _a\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _b\"> </span>a condizione <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>fair <span class=\"_ _14\"> </span>value <span class=\"_ _14\"> </span>alla <span class=\"_ _14\"> </span>data <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>acquisizione <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>sono <span class=\"_ _14\"> </span>inclusi <span class=\"_ _14\"> </span>tra <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span> corrispettivi <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _d\"></span>della <span class=\"_ _5\"></span>determinazione <span class=\"_ _5\"></span>dell\u2019avv<span class=\"_ _0\"></span>iamento. <span class=\"_ _d\"></span>Le <span class=\"_ _d\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>uccessive del <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>corrisp<span class=\"_ _0\"></span>ettivo <span class=\"_ _f\"> </span>sottopos<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>condizione, <span class=\"_ _f\"> </span>os<span class=\"_ _0\"></span>sia <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>amm<span class=\"_ _0\"></span>ontare <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>cui<span class=\"_ _0\"></span> erogazione <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ipendent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>eventi <span class=\"_ _d\"></span>futuri, <span class=\"_ _d\"></span>classif<span class=\"_ _0\"></span>icato <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _3\"></span>strum<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nanziar<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> rilevate <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>conto <span class=\"_ _a\"> </span>econ<span class=\"_ _0\"></span>omico <span class=\"_ _a\"> </span>o <span class=\"_ _a\"> </span>patrimonio <span class=\"_ _a\"> </span>netto <span class=\"_ _a\"> </span>nell\u2019am<span class=\"_ _0\"></span>bito <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>altre <span class=\"_ _a\"> </span>comp<span class=\"_ _0\"></span>onenti <span class=\"_ _a\"> </span>del risultato <span class=\"_ _9\"> </span>comples<span class=\"_ _0\"></span>sivo. <span class=\"_ _9\"> </span>I <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>orrispett<span class=\"_ _0\"></span>ivi <span class=\"_ _9\"> </span>sottopos<span class=\"_ _0\"></span>ti <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>cond<span class=\"_ _0\"></span>izione <span class=\"_ _9\"> </span>che <span class=\"_ _10\"> </span>non <span class=\"_ _9\"> </span>rappres<span class=\"_ _0\"></span>entano strumenti <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _3\"></span>regolati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>principio <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>9-<span class=\"_ _0\"></span>\u2018Strument<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>ari\u2019 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>valutati <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>e allo <span class=\"_\"> </span>sp<span class=\"_ _0\"></span>ecifico <span class=\"_ _a\"> </span>I<span class=\"_ _2\"></span>FRS/I<span class=\"_ _0\"></span>AS <span class=\"_\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_\"> </span>riferi<span class=\"_ _0\"></span>mento. <span class=\"_ _a\"> </span>I <span class=\"_\"> </span>corrispett<span class=\"_ _0\"></span>ivi <span class=\"_\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>condizione <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o classificati <span class=\"_ _8\"> </span>come <span class=\"_ _8\"> </span>stru<span class=\"_ _0\"></span>mento <span class=\"_ _8\"> </span>di <span class=\"_ _14\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _8\"> </span>non <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>rimisurat<span class=\"_ _0\"></span>i, <span class=\"_ _14\"> </span>e, <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>nseguente<span class=\"_ _0\"></span>mente <span class=\"_ _8\"> </span>il regolamento<span class=\"_ _0\"></span> <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _a\"> </span>n<span class=\"_ _2\"></span>ell\u2019ambito <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>p<span class=\"_ _0\"></span>atrimonio <span class=\"_ _a\"> </span>netto. <span class=\"_\"> </span>Gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>on<span class=\"_ _0\"></span>eri <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>cessori <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span>lla transazione son<span class=\"_ _0\"></span>o rilevati a <span class=\"_ _0\"></span>conto economico <span class=\"_ _0\"></span>nel momento <span class=\"_ _0\"></span>in cui sono s<span class=\"_ _0\"></span>ostenuti. Eventuali <span class=\"_ _3e\"> </span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _3e\"> </span>value <span class=\"_ _3e\"> </span>avvenute <span class=\"_ _3e\"> </span>in <span class=\"_ _3e\"> </span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _3e\"> </span>all\u2019ottenimento <span class=\"_ _3e\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>maggiori informazioni <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>periodo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>misurazione <span class=\"_ _0\"></span>(12 <span class=\"_ _0\"></span>mesi <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>data di <span class=\"_ _0\"></span>acquisizi<span class=\"_ _0\"></span>one) <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>incluse <span class=\"_ _0\"></span>in modo <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>etrospettivo <span class=\"_ _3\"></span>nell\u2019avviament<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>L\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _3\"></span>acquisito <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>aggregazione <span class=\"_ _3\"></span>azien<span class=\"_ _0\"></span>dale \u00e8 inizialme<span class=\"_ _0\"></span>nte misurat<span class=\"_ _0\"></span>o al c<span class=\"_ _0\"></span>osto r<span class=\"_ _0\"></span>appresentato <span class=\"_ _0\"></span>dall\u2019eccedenza <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>la somma <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>orrispettivi<span class=\"_ _0\"></span> trasferiti <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>una <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>gregaz<span class=\"_ _0\"></span>ione <span class=\"_ _e\"> </span>azienda<span class=\"_ _0\"></span>le, <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>patrimonio<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>pertinenza <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> terzi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _d\"></span>dell\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _d\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span>l\u2019impresa<span class=\"_ _0\"></span> acquisita <span class=\"_ _3\"></span>rispett<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Societ\u00e0 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>eq<span class=\"_ _0\"></span>uo <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span>, passivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>poten<span class=\"_ _0\"></span>ziali <span class=\"_ _3\"></span>identificabil<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dell\u2019impresa <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ita. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit<span class=\"_ _0\"></span>\u00e0 nette <span class=\"_ _b\"> </span>ac<span class=\"_ _0\"></span>quisite <span class=\"_ _14\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _14\"> </span>assun<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _14\"> </span>data <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>cquisizione <span class=\"_ _14\"> </span>ecc<span class=\"_ _0\"></span>ede <span class=\"_ _14\"> </span>la <span class=\"_ _14\"> </span>somma <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>ei corrispettivi <span class=\"_ _d\"></span>trasfer<span class=\"_ _0\"></span>iti, <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>patrimoni<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>netto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>terzi <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>l\u2019eventua<span class=\"_ _0\"></span>le partecipazione <span class=\"_\"> </span>preced<span class=\"_ _0\"></span>entemente <span class=\"_\"> </span>detenuta<span class=\"_ _0\"></span> <span class=\"_\"> </span>nell\u2019impresa <span class=\"_\"> </span>acquisita,<span class=\"_ _0\"></span> <span class=\"_\"> </span>tale <span class=\"_\"> </span>eccedenza <span class=\"_\"> </span>viene<span class=\"_ _0\"></span> contabilizzata <span class=\"_\"> </span>come <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ovento <span class=\"_\"> </span>della <span class=\"_\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_\"> </span>con<span class=\"_ _0\"></span>clusa <span class=\"_\"> </span>a <span class=\"_\"> </span>conto <span class=\"_\"> </span>economico.<span class=\"_ _0\"></span> <span class=\"_\"> </span>Dopo <span class=\"_\"> </span>la rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _0\"></span>l\u2019avviam<span class=\"_ _0\"></span>ento \u00e8<span class=\"_ _0\"></span> misur<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>al costo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al nett<span class=\"_ _0\"></span>o di r<span class=\"_ _0\"></span>iduzi<span class=\"_ _0\"></span>oni di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>cumulate.<span class=\"_ _0\"></span> Al <span class=\"_ _a\"> </span>fine <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>verifica<span class=\"_ _0\"></span>re <span class=\"_ _a\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>presenza <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>riduzion<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alore, <span class=\"_ _b\"> </span>l\u2019avviamento <span class=\"_ _b\"> </span>acquisito <span class=\"_ _b\"> </span>in <span class=\"_ _a\"> </span>una<span class=\"_ _0\"></span> aggregazione <span class=\"_ _3\"></span>aziendale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>allocato, <span class=\"_ _3\"></span>dalla <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>quisizione, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>singole <span class=\"_ _3\"></span>unit\u00e0 <span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>eneratrici di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iari, <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>gru<span class=\"_ _0\"></span>ppi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>ge<span class=\"_ _0\"></span>neratrici <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>fl<span class=\"_ _0\"></span>ussi <span class=\"_ _d\"></span>finanziari <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ovrebb<span class=\"_ _0\"></span>ero <span class=\"_ _d\"></span>trarre<span class=\"_ _0\"></span> beneficio <span class=\"_ _5\"></span>dalle <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span>nergie <span class=\"_ _5\"></span>dell\u2019aggre<span class=\"_ _0\"></span>gazione, <span class=\"_ _5\"></span>indipendentemente <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fatto <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>altre <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>o<span class=\"_ _0\"></span> passivit\u00e0 <span class=\"_ _1\"> </span>dell\u2019acquisita <span class=\"_ _1\"> </span>siano <span class=\"_ _1\"> </span>assegnate <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ta<span class=\"_ _0\"></span>li <span class=\"_ _1\"> </span>unit\u00e0 <span class=\"_ _f\"> </span>o <span class=\"_ _1\"> </span>raggruppame<span class=\"_ _0\"></span>nti <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>unit\u00e0.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Quando l\u2019avviamento <span class=\"_ _5\"> </span>cos<span class=\"_ _0\"></span>tituisce <span class=\"_ _5\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>una <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>generatr<span class=\"_ _0\"></span>ice <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>flussi <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _5\"></span>(grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>unit\u00e0 generatrici <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>flussi <span class=\"_ _14\"> </span>finanziari) <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>parte <span class=\"_ _14\"> </span>dell\u2019attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _14\"> </span>interna <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>ta<span class=\"_ _0\"></span>le <span class=\"_ _b\"> </span>uni<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _14\"> </span>ceduta, l\u2019avviamento <span class=\"_ _a\"> </span>associato <span class=\"_\"> </span>all\u2019attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_\"> </span>ced<span class=\"_ _0\"></span>uta <span class=\"_\"> </span>\u00e8 <span class=\"_ _a\"> </span>incluso <span class=\"_\"> </span>nel <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _a\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>er determinare <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>\u2019utile <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>la <span class=\"_ _14\"> </span>perdita <span class=\"_ _14\"> </span>derivante <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _b\"> </span>ces<span class=\"_ _0\"></span>sione. <span class=\"_ _b\"> </span>L\u2019avviamento<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cedut<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>tal<span class=\"_ _0\"></span>i circostanze <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"></span>misur<span class=\"_ _0\"></span>ato <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _5\"></span>dell\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"></span>ceduta <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>porzione <span class=\"_ _5\"></span>di unit\u00e0 mantenuta i<span class=\"_ _0\"></span>n essere. Negli <span class=\"_ _b\"> </span>eser<span class=\"_ _0\"></span>cizi <span class=\"_ _14\"> </span>fino <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>09 <span class=\"_ _b\"> </span>inc<span class=\"_ _0\"></span>luso <span class=\"_ _14\"> </span>le <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>ggregazioni <span class=\"_ _14\"> </span>aziend<span class=\"_ _0\"></span>ali <span class=\"_ _b\"> </span>ven<span class=\"_ _0\"></span>ivano <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontabilizzat<span class=\"_ _0\"></span>e applicando <span class=\"_ _d6\"> </span>il <span class=\"_ _12\"> </span>\u201cpurchas<span class=\"_ _0\"></span>e <span class=\"_ _d6\"> </span>method\u201d. <span class=\"_ _12\"> </span>I <span class=\"_ _d6\"> </span>costi <span class=\"_ _d6\"> </span>di <span class=\"_ _12\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_ _d6\"> </span>direttamente <span class=\"_ _d6\"> </span>attribuibili all\u2019aggregazio<span class=\"_ _0\"></span>ne <span class=\"_ _a\"> </span>venivano<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>considerati <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _a\"> </span>parte <span class=\"_ _b\"> </span>del <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>acquisto. <span class=\"_ _b\"> </span>Le <span class=\"_ _a\"> </span>quote <span class=\"_ _b\"> </span>di minoranza <span class=\"_ _3\"></span>venivano <span class=\"_ _3\"></span>misurate <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>dell\u2019attivo <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ntificabile dell\u2019acquisita. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>aggregaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>azi<span class=\"_ _0\"></span>endali <span class=\"_ _f\"> </span>realizzat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>pi\u00f9 <span class=\"_ _1\"> </span>fasi <span class=\"_ _f\"> </span>venivano <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ate <span class=\"_ _f\"> </span>in momenti separat<span class=\"_ _0\"></span>i. 3.2 Criteri di valutazione Collegate (partec<span class=\"_ _0\"></span>ipazioni c<span class=\"_ _0\"></span>ontabilizzate co<span class=\"_ _0\"></span>n il metodo del <span class=\"_ _0\"></span>patrimonio net<span class=\"_ _0\"></span>to) Le <span class=\"_ _a\"> </span>collegate <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>entit\u00e0 <span class=\"_ _a\"> </span>sulle <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>politiche <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>gest<span class=\"_ _0\"></span>ionali <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>esercita un\u2019influenza n<span class=\"_ _0\"></span>otevole, pur non av<span class=\"_ _0\"></span>endone il contr<span class=\"_ _0\"></span>ollo. Si <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>pone <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esista <span class=\"_ _3\"></span>un\u2019influenza <span class=\"_ _3\"></span>notevole <span class=\"_ _3\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>possiede <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>20% <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>50%<span class=\"_ _0\"></span> del potere di v<span class=\"_ _0\"></span>oto di un\u2019altr<span class=\"_ _0\"></span>a entit\u00e0.<span class=\"_ _0\"></span> Le <span class=\"_ _8\"> </span>collegate <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>tabilizzate <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>econdo <span class=\"_ _8\"> </span>il <span class=\"_ _8\"> </span>metodo <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _8\"> </span>netto <span class=\"_ _8\"> </span>e <span class=\"_ _9\"> </span>rilevate inizialmente al cos<span class=\"_ _0\"></span>to. Le <span class=\"_ _4\"> </span>partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _4\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _4\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>ompre<span class=\"_ _0\"></span>ndono <span class=\"_ _4\"> </span>l\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _4\"> </span>ident<span class=\"_ _0\"></span>ificato <span class=\"_ _c\"> </span>al <span class=\"_ _4\"> </span>momento<span class=\"_ _0\"></span> dell\u2019acquisizione a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>lle perdite di v<span class=\"_ _0\"></span>alore cumulate.<span class=\"_ _0\"></span> Il bilancio c<span class=\"_ _0\"></span>onsolidato comp<span class=\"_ _0\"></span>rende la qu<span class=\"_ _0\"></span>ota di pert<span class=\"_ _0\"></span>inenz<span class=\"_ _0\"></span>a del gruppo d<span class=\"_ _0\"></span>egli util<span class=\"_ _0\"></span>i o delle perd<span class=\"_ _0\"></span>ite delle <span class=\"_ _e\"> </span>partecipate <span class=\"_ _e\"> </span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>secondo <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _e\"> </span>netto, <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>rettifiche necessarie <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>allineare <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelli <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>gruppo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> inizio l\u2019influenza n<span class=\"_ _0\"></span>otevole f<span class=\"_ _0\"></span>ino alla data <span class=\"_ _0\"></span>in cui detta inf<span class=\"_ _0\"></span>luenza o c<span class=\"_ _0\"></span>ontrollo cessano.<span class=\"_ _0\"></span> Quando l<span class=\"_ _0\"></span>a quota <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite d<span class=\"_ _0\"></span>i perti<span class=\"_ _0\"></span>nenza <span class=\"_ _0\"></span>del gruppo<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>una par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _0\"></span>contabi<span class=\"_ _0\"></span>lizzata<span class=\"_ _0\"></span> con <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patrimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>eccede <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>detta <span class=\"_ _0\"></span>partecipata,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po azzera <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>partecipazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>cessa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevare <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>quota <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>lteriori <span class=\"_ _3\"></span>perd<span class=\"_ _0\"></span>ite, <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nne <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>cas<span class=\"_ _0\"></span>i in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>abbia <span class=\"_ _e\"> </span>contr<span class=\"_ _0\"></span>atto <span class=\"_ _e\"> </span>obbligazioni <span class=\"_ _e\"> </span>lega<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>implicite <span class=\"_ _e\"> </span>oppure <span class=\"_ _e\"> </span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _e\"> </span>effettuato <span class=\"_ _f\"> </span>dei pagamenti per c<span class=\"_ _0\"></span>onto della <span class=\"_ _0\"></span>partecipata. Disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide e mezz<span class=\"_ _0\"></span>i equivalenti (a<span class=\"_ _0\"></span>ttivit\u00e0 finanzi<span class=\"_ _0\"></span>arie non derivat<span class=\"_ _0\"></span>e) Le <span class=\"_ _3\"></span>disponibilit\u00e0 <span class=\"_ _3\"></span>liqu<span class=\"_ _0\"></span>ide <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>mezz<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>equivalenti <span class=\"_ _3\"></span>compr<span class=\"_ _0\"></span>endono <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>denaro <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>depositi <span class=\"_ _3\"></span>a vista e investim<span class=\"_ _0\"></span>enti avent<span class=\"_ _0\"></span>i scadenza entro tr<span class=\"_ _0\"></span>e mesi dall<span class=\"_ _0\"></span>a data di acq<span class=\"_ _0\"></span>uisizione.<span class=\"_ _0\"></span> Dopo <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>iniziale, <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>strume<span class=\"_ _0\"></span>nti <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>ari <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>derivati <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value rilevato a co<span class=\"_ _0\"></span>nto economico<span class=\"_ _0\"></span>. Gli scoperti d<span class=\"_ _0\"></span>i c/c sono clas<span class=\"_ _0\"></span>sificati tra <span class=\"_ _0\"></span>le passivit\u00e0 cor<span class=\"_ _0\"></span>renti. Rimanenze Le <span class=\"_ _d\"></span>rim<span class=\"_ _0\"></span>anenze <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>isc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>minore <span class=\"_ _5\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>costo <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>ac<span class=\"_ _0\"></span>quisto <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>produzion<span class=\"_ _0\"></span>e, <span class=\"_ _d\"></span>determ<span class=\"_ _0\"></span>inato secondo il metodo<span class=\"_ _0\"></span> del cost<span class=\"_ _0\"></span>o medio pondera<span class=\"_ _0\"></span>to, e il va<span class=\"_ _0\"></span>lore netto di<span class=\"_ _0\"></span> realizz<span class=\"_ _0\"></span>o. Il <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _0\"></span>net<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzo <span class=\"_ _3\"></span>corrisponde <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>prez<span class=\"_ _0\"></span>zo <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>dita <span class=\"_ _0\"></span>stimato <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>normale <span class=\"_ _3\"></span>svolgimento<span class=\"_ _0\"></span> dell\u2019attivit\u00e0 <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>netto <span class=\"_ _14\"> </span>dei <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>osti <span class=\"_ _b\"> </span>stimat<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ompletamento <span class=\"_ _14\"> </span>nonch\u00e9 <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _b\"> </span>stima <span class=\"_ _14\"> </span>dei <span class=\"_ _b\"> </span>cost<span class=\"_ _0\"></span>i necessari per r<span class=\"_ _0\"></span>ealizzare la <span class=\"_ _0\"></span>vendita. Il <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>produzione <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mprend<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>mate<span class=\"_ _0\"></span>rie <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ime, <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>costi <span class=\"_ _e\"> </span>dirett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>quelli indirettamente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>imputabili <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>fabbricaz<span class=\"_ _0\"></span>ione. <span class=\"_ _a\"> </span>Le <span class=\"_ _a\"> </span>scorte <span class=\"_ _a\"> </span>obso<span class=\"_ _0\"></span>lete <span class=\"_ _a\"> </span>o <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>lento <span class=\"_ _a\"> </span>rigiro <span class=\"_ _a\"> </span>sono svalutate in rela<span class=\"_ _0\"></span>zione alla loro pos<span class=\"_ _0\"></span>sibilit\u00e0 d<span class=\"_ _0\"></span>i utilizzo o real<span class=\"_ _0\"></span>izzo. Crediti iscritti n<span class=\"_ _0\"></span>ell\u2019attivo c<span class=\"_ _0\"></span>orrente (attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie non<span class=\"_ _0\"></span> derivate) I <span class=\"_ _e\"> </span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>rilevati <span class=\"_ _f\"> </span>inizialmente<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>da <span class=\"_ _f\"> </span>ricever<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>tale tipologia <span class=\"_\"> </span>corrisponde <span class=\"_\"> </span>nor<span class=\"_ _0\"></span>malmente <span class=\"_\"> </span>al <span class=\"_\"> </span>valore <span class=\"_\"> </span>nominale <span class=\"_\"> </span>indicato <span class=\"_\"> </span>in <span class=\"_\"> </span>fattura <span class=\"_\"> </span>adeguato <span class=\"_\"> </span>(s<span class=\"_ _0\"></span>e necessario) <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>presum<span class=\"_ _0\"></span>ibile <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>lizzo <span class=\"_ _3\"></span>mediante <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>posizioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>stanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _3\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _3\"></span>a rettifica <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>valori <span class=\"_ _e\"> </span>no<span class=\"_ _0\"></span>minali. <span class=\"_ _f\"> </span>Successivamente <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>crediti <span class=\"_ _f\"> </span>vengono <span class=\"_ _e\"> </span>valutat<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>criterio <span class=\"_ _f\"> </span>del costo <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>eneralmente <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>isponde <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>nominale <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>eventu<span class=\"_ _0\"></span>ali perdite di va<span class=\"_ _0\"></span>lore. Il <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>cre<span class=\"_ _0\"></span>diti <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>stimato <span class=\"_ _5\"></span>in <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>una <span class=\"_ _d\"></span>an<span class=\"_ _0\"></span>alisi <span class=\"_ _d\"></span>specifica <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _d\"></span>pratiche <span class=\"_ _5\"></span>in contenzioso <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>delle <span class=\"_\"> </span>pos<span class=\"_ _0\"></span>izioni <span class=\"_\"> </span>che, <span class=\"_ _a\"> </span>pur <span class=\"_\"> </span>non <span class=\"_\"> </span>es<span class=\"_ _0\"></span>sendo <span class=\"_ _a\"> </span>in <span class=\"_\"> </span>contenzioso, <span class=\"_ _a\"> </span>presentano <span class=\"_\"> </span>deg<span class=\"_ _0\"></span>li elementi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iticit\u00e0 (<span class=\"_ _0\"></span>es. <span class=\"_ _0\"></span>ritardo <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>egli <span class=\"_ _0\"></span>incassi). <span class=\"_ _3\"></span>Lo stanz<span class=\"_ _0\"></span>iamento <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ude <span class=\"_ _0\"></span>inoltre <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lutazione dei <span class=\"_ _a\"> </span>crediti <span class=\"_ _a\"> </span>residuali <span class=\"_ _a\"> </span>secondo <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>logica <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>perdita<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>attesa <span class=\"_ _a\"> </span>(<span class=\"ff4\">Expected <span class=\"_ _a\"> </span>Loss</span>) <span class=\"_ _a\"> </span>introdotto dall\u2019IFRS <span class=\"_ _8\"> </span>9<span class=\"_ _0\"></span>. <span class=\"_ _8\"> </span>Gli <span class=\"_ _9\"> </span>accanto<span class=\"_ _0\"></span>namenti <span class=\"_ _9\"> </span>al <span class=\"_ _8\"> </span>fo<span class=\"_ _0\"></span>ndo <span class=\"_ _8\"> </span>sva<span class=\"_ _0\"></span>lutazi<span class=\"_ _0\"></span>one <span class=\"_ _8\"> </span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _8\"> </span>sono <span class=\"_ _9\"> </span>rilevati <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>conto economico. I <span class=\"_ _1\"> </span>crediti <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>eduti <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>seguit<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>op<span class=\"_ _0\"></span>erazioni <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>factoring <span class=\"_\"> </span>sono <span class=\"_ _f\"> </span>elim<span class=\"_ _0\"></span>inati <span class=\"_ _1\"> </span>dall\u2019attivo <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ello <span class=\"_ _1\"> </span>Stato Patrimoniale <span class=\"_ _d\"></span>se <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>solo <span class=\"_ _d\"></span>se <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>contratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iferimento <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>evede <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>cess<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>tit<span class=\"_ _0\"></span>olarit\u00e0 <span class=\"_ _d\"></span>del credito, <span class=\"_ _3\"></span>unitament<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>titolarit\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>generant<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>redito <span class=\"_ _3\"></span>stesso, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> tutti <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>rischi <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>i <span class=\"_ _d\"></span>benefici <span class=\"_ _d\"></span>cor<span class=\"_ _0\"></span>relati <span class=\"_ _d\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _d\"></span>loro <span class=\"_ _d\"></span>tito<span class=\"_ _0\"></span>larit\u00e0, <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>capo <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>ces<span class=\"_ _0\"></span>sionario. <span class=\"_ _d\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei crediti <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>sodd<span class=\"_ _0\"></span>isfa <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>suddetti <span class=\"_ _0\"></span>requisit<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>riman<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>scritto <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ebbene il <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>legalmente <span class=\"_ _3\"></span>ceduto; <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tal <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>\u00e8 iscritta nel passivo <span class=\"_ _0\"></span>a fronte <span class=\"_ _0\"></span>dell\u2019anticipaz<span class=\"_ _0\"></span>ione ricevuta.<span class=\"_ _0\"></span> Immobili, impi<span class=\"_ _0\"></span>anti e macchinar<span class=\"_ _0\"></span>i I <span class=\"_ _3\"></span>terreni <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>i <span class=\"_ _3\"></span>fabbr<span class=\"_ _0\"></span>icati <span class=\"_ _3\"></span>util<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>produzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>for<span class=\"_ _0\"></span>nitura <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>eni <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>serv<span class=\"_ _0\"></span>izi <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>scopi amministrativi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>iscritti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>costo <span class=\"_ _d\"></span>stor<span class=\"_ _0\"></span>ico <span class=\"_ _d\"></span>dedo<span class=\"_ _0\"></span>tti <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>suc<span class=\"_ _0\"></span>cessivi <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>mmortamenti <span class=\"_ _5\"></span>e svalutazioni <span class=\"_ _d\"></span>accumulati. <span class=\"_ _3\"></span>Si <span class=\"_ _3\"></span>os<span class=\"_ _0\"></span>serva <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>sede <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pri<span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>applicazione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontabili<span class=\"_ _0\"></span> internazionali, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>terren<span class=\"_ _0\"></span>i s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>stati r<span class=\"_ _0\"></span>ilevati <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>ridet<span class=\"_ _0\"></span>erminato, <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>al fair <span class=\"_ _0\"></span>value <span class=\"_ _3\"></span>alla data <span class=\"_ _0\"></span>di transizione.  Gli <span class=\"_ _3\"></span>immob<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>corso<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ostruzione <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>fini <span class=\"_ _d\"></span>produttivi, <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>uso <span class=\"_ _d\"></span>amministrat<span class=\"_ _0\"></span>ivo <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>finalit\u00e0<span class=\"_ _0\"></span> non <span class=\"_ _f\"> </span>ancora<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>determ<span class=\"_ _0\"></span>inate, <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _f\"> </span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>costo, <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>netto <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _1\"> </span>svalutazioni <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>erdite <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> valore. I<span class=\"_ _0\"></span>l costo inc<span class=\"_ _0\"></span>lude ev<span class=\"_ _0\"></span>entuali o<span class=\"_ _0\"></span>norari profes<span class=\"_ _0\"></span>sionali. <span class=\"_ _0\"></span>L\u2019ammortamento <span class=\"_ _0\"></span>di ta<span class=\"_ _0\"></span>li attiv<span class=\"_ _0\"></span>it\u00e0, come<span class=\"_ _0\"></span> per tutti gli altr<span class=\"_ _0\"></span>i cespiti, c<span class=\"_ _0\"></span>omincia quand<span class=\"_ _0\"></span>o le attivit\u00e0 son<span class=\"_ _0\"></span>o disponibili per <span class=\"_ _0\"></span>l\u2019uso. Gli <span class=\"_ _0\"></span>impianti, <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>macc<span class=\"_ _0\"></span>hinari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attrezzature <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>de<span class=\"_ _2\"></span>gli <span class=\"_ _3\"></span>ammortamenti accumulati <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>eventuali <span class=\"_ _1\"> </span>svalutazi<span class=\"_ _0\"></span>oni <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _1\"> </span>perdite <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>valore. <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>costo <span class=\"_ _1\"> </span>ricomprende<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>g<span class=\"_ _0\"></span>li eventuali <span class=\"_ _d\"></span>costi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sma<span class=\"_ _0\"></span>ntellamento <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imozione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>bene <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>cost<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>bonifica <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>sito <span class=\"_ _d\"></span>su <span class=\"_ _d\"></span>cui<span class=\"_ _0\"></span> insiste <span class=\"_\"> </span>l\u2019immobi<span class=\"_ _0\"></span>lizzazione <span class=\"_ _a\"> </span>ma<span class=\"_ _2\"></span>teriale, <span class=\"_\"> </span>se <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ispondenti <span class=\"_\"> </span>all<span class=\"_ _0\"></span>e <span class=\"_\"> </span>previsioni <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ello <span class=\"_\"> </span>IAS <span class=\"_\"> </span>37. <span class=\"_ _a\"> </span>I<span class=\"_ _2\"></span> <span class=\"_\"> </span>ben<span class=\"_ _0\"></span>i composti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>componenti, <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>importo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>signi<span class=\"_ _0\"></span>ficativo, <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>vite <span class=\"_ _f\"> </span>utili <span class=\"_ _f\"> </span>differenti <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>cons<span class=\"_ _0\"></span>iderati separatamente n<span class=\"_ _0\"></span>ella determinaz<span class=\"_ _0\"></span>ione dell\u2019amm<span class=\"_ _0\"></span>ortamento.<span class=\"_ _0\"></span> Il <span class=\"_ _5\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sosten<span class=\"_ _0\"></span>uto <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>la <span class=\"_ _e\"> </span>sostituzione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>una <span class=\"_ _5\"></span>part<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"> </span>elem<span class=\"_ _0\"></span>ento <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>immob<span class=\"_ _0\"></span>ili, <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>mpianti <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> macchinari <span class=\"_ _0\"></span>\u00e8 som<span class=\"_ _0\"></span>mato a<span class=\"_ _0\"></span>l v<span class=\"_ _0\"></span>alore c<span class=\"_ _0\"></span>ontabile <span class=\"_ _0\"></span>dell\u2019element<span class=\"_ _0\"></span>o a c<span class=\"_ _0\"></span>ui s<span class=\"_ _0\"></span>i rifer<span class=\"_ _0\"></span>isce se <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>probabi<span class=\"_ _0\"></span>le che<span class=\"_ _0\"></span> i <span class=\"_ _a\"> </span>relativi <span class=\"_ _a\"> </span>futuri <span class=\"_ _a\"> </span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _a\"> </span>af<span class=\"_ _0\"></span>fluiranno <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>se<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>dell\u2019elem<span class=\"_ _0\"></span>ento <span class=\"_ _a\"> </span>pu\u00f2 <span class=\"_ _a\"> </span>es<span class=\"_ _0\"></span>sere determinato <span class=\"_ _3\"></span>attendibilmente. <span class=\"_ _3\"></span>Il <span class=\"_ _0\"></span>valore <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ostitu<span class=\"_ _0\"></span>ita <span class=\"_ _0\"></span>viene <span class=\"_ _3\"></span>eliminato. <span class=\"_ _3\"></span>I <span class=\"_ _0\"></span>costi per <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>manutenzi<span class=\"_ _0\"></span>one <span class=\"_\"> </span>ordinaria <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>immobili,<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>i<span class=\"_ _0\"></span>mpianti <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>acchinari <span class=\"_\"> </span>sono <span class=\"_ _1\"> </span>ri<span class=\"_ _0\"></span>levati <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>conto economico nell\u2019<span class=\"_ _0\"></span>esercizio in cui s<span class=\"_ _0\"></span>ono sostenut<span class=\"_ _0\"></span>i. L\u2019ammortamento <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _3\"></span>determinato, <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quote <span class=\"_ _0\"></span>costanti, <span class=\"_ _3\"></span>sul <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>beni <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativi valori residui, i<span class=\"_ _0\"></span>n funzione d<span class=\"_ _0\"></span>ella loro stimat<span class=\"_ _0\"></span>a vita util<span class=\"_ _0\"></span>e. Le vite utili sti<span class=\"_ _0\"></span>mate del peri<span class=\"_ _0\"></span>odo corrente e<span class=\"_ _0\"></span> di quello com<span class=\"_ _0\"></span>parativo son<span class=\"_ _0\"></span>o le seguenti:<span class=\"_ _0\"></span> Fabbricati <span class=\"_ _120\"> </span>34 anni Costruzioni leg<span class=\"_ _0\"></span>gere <span class=\"_ _121\"> </span>10 anni Impianti e macc<span class=\"_ _0\"></span>hinari <span class=\"_ _e6\"> </span>            6-8 anni Attrezzature <span class=\"_ _122\"> </span>4 anni Mobili e macchi<span class=\"_ _0\"></span>ne ufficio <span class=\"_ _df\"> </span>5-8 anni Automezzi <span class=\"_ _b0\"> </span>4-5 anni Altre <span class=\"_ _c3\"> </span>5-10 anni La voce \u201cAltre\u201d co<span class=\"_ _0\"></span>mprende le m<span class=\"_ _0\"></span>igliorie su <span class=\"_ _0\"></span>beni di terzi.<span class=\"_ _0\"></span> I v<span class=\"_ _0\"></span>alori r<span class=\"_ _0\"></span>esidu<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>ei c<span class=\"_ _0\"></span>espiti <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rivisti, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modif<span class=\"_ _0\"></span>icati <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>necess<span class=\"_ _0\"></span>ario, <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>hiusura del bilancio. <span class=\"_ _0\"></span> I terreni non v<span class=\"_ _0\"></span>engono amm<span class=\"_ _0\"></span>ortizzati, aven<span class=\"_ _0\"></span>do vita utile i<span class=\"_ _0\"></span>llimitata. Gli <span class=\"_ _8\"> </span>utili <span class=\"_ _8\"> </span>o <span class=\"_ _9\"> </span>le <span class=\"_ _9\"> </span>perdite <span class=\"_ _8\"> </span>ge<span class=\"_ _0\"></span>nerati <span class=\"_ _8\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _8\"> </span>cessione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>u<span class=\"_ _0\"></span>n\u2019immobilizzazione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>materiale <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>ono determinati <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>differe<span class=\"_ _0\"></span>nza <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>orrispett<span class=\"_ _0\"></span>ivo <span class=\"_ _d\"></span>netto <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>contabile<span class=\"_ _0\"></span> del bene, e s<span class=\"_ _0\"></span>ono rilevati a c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico al momen<span class=\"_ _0\"></span>to dell\u2019alienaz<span class=\"_ _0\"></span>ione. I <span class=\"_ _9\"> </span>costi <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>manutenz<span class=\"_ _0\"></span>ione <span class=\"_ _9\"> </span>ordinaria <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _9\"> </span>spesati <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>conto <span class=\"_ _9\"> </span>economico <span class=\"_ _9\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _9\"> </span>di sostenimento.<span class=\"_ _0\"></span> Immobilizzazioni <span class=\"_ _0\"></span>in leasing<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>partire <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>1\u00b0 <span class=\"_ _0\"></span>gennaio <span class=\"_ _3\"></span>2019, <span class=\"_ _0\"></span>l\u2019IFRS <span class=\"_ _3\"></span>16 h<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sostit<span class=\"_ _0\"></span>uito <span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>IA<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>17 <span class=\"_ _0\"></span>(e <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>relative <span class=\"_ _3\"></span>interpretazioni IFRIC <span class=\"_ _0\"></span>4, <span class=\"_ _3\"></span>SIC 1<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>SIC <span class=\"_ _3\"></span>27) <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>definiz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>principi per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>rilevazione, <span class=\"_ _3\"></span>la m<span class=\"_ _0\"></span>isurazion<span class=\"_ _0\"></span>e, la <span class=\"_ _a\"> </span>presentazione <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>l\u2019informativa <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>contratti <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>leasing. <span class=\"_ _a\"> </span>L\u2019IFRS <span class=\"_ _a\"> </span>16 <span class=\"_ _a\"> </span>prevede <span class=\"_ _a\"> </span>un <span class=\"_ _a\"> </span>unico modello <span class=\"_ _5\"></span>con<span class=\"_ _0\"></span>tabile <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _5\"></span>contratti <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>locazi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>quale <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>locatario <span class=\"_ _e\"> </span>rileva <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>llo stato <span class=\"_\"> </span>p<span class=\"_ _0\"></span>atrimoniale <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>delle <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_\"> </span>ine<span class=\"_ _0\"></span>renti <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span>ll\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>rappre<span class=\"_ _0\"></span>sentanti, rispettivamente, <span class=\"_ _10\"> </span>il <span class=\"_ _10\"> </span>diritto <span class=\"_ _10\"> </span>d\u2019uso <span class=\"_ _10\"> </span>del <span class=\"_ _10\"> </span>bene <span class=\"_ _10\"> </span>sottostan<span class=\"_ _0\"></span>te <span class=\"_ _10\"> </span>per <span class=\"_ _9\"> </span>la <span class=\"_ _10\"> </span>durat<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _9\"> </span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _10\"> </span>e l\u2019obbligazione <span class=\"_ _0\"></span>per i pagam<span class=\"_ _0\"></span>enti futuri de<span class=\"_ _0\"></span>i canoni di loc<span class=\"_ _0\"></span>azione. I <span class=\"_ _3\"></span>locatar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dovrann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>conta<span class=\"_ _0\"></span>bilizzare <span class=\"_ _d\"></span>separatamen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>spese <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _d\"></span>sulla <span class=\"_ _d\"></span>passivit\u00e0 <span class=\"_ _d\"></span>per leasing <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>l\u2019ammort<span class=\"_ _0\"></span>amento <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>diritto <span class=\"_ _3\"></span>d\u2019uso <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>I <span class=\"_ _0\"></span>locatari <span class=\"_ _3\"></span>dovranno <span class=\"_ _3\"></span>anche <span class=\"_ _0\"></span>rimisurare<span class=\"_ _0\"></span> la <span class=\"_ _5\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>leasing <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>verificarsi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>determinati <span class=\"_ _e\"> </span>eventi <span class=\"_ _e\"> </span>(ad <span class=\"_ _e\"> </span>esempio: <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>cam<span class=\"_ _0\"></span>biamento nelle <span class=\"_ _d\"></span>condizioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>leasing,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>ca<span class=\"_ _0\"></span>mbiamento <span class=\"_ _d\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>pagam<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>leasing<span class=\"_ _0\"></span> conseguente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>ca<span class=\"_ _0\"></span>mbiame<span class=\"_ _0\"></span>nto <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>indice <span class=\"_ _1\"> </span>o <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>t<span class=\"_ _0\"></span>asso <span class=\"_ _f\"> </span>ut<span class=\"_ _0\"></span>ilizzati <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>determi<span class=\"_ _0\"></span>nare <span class=\"_ _f\"> </span>quei pagamenti). <span class=\"_ _9\"> </span>Il <span class=\"_ _9\"> </span>locatario <span class=\"_ _9\"> </span>ricono<span class=\"_ _0\"></span>scer\u00e0 <span class=\"_ _8\"> </span>ge<span class=\"_ _0\"></span>neralmente<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>l\u2019importo <span class=\"_ _9\"> </span>della <span class=\"_ _9\"> </span>rimisuraz<span class=\"_ _0\"></span>ione <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>la passivit\u00e0 per <span class=\"_ _0\"></span>leasing come una r<span class=\"_ _0\"></span>ettifica d<span class=\"_ _0\"></span>el diritto d\u2019us<span class=\"_ _0\"></span>o dell\u2019attivit\u00e0.<span class=\"_ _0\"></span> I <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>anoni <span class=\"_ _3\"></span>leasing <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>anno <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>inferiore<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>lli che <span class=\"_ _5\"></span>hanno <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>oggetto <span class=\"_ _5\"> </span>be<span class=\"_ _0\"></span>ni <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>modico <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>imputati <span class=\"_ _5\"> </span>a <span class=\"_ _5\"></span>quote <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>tanti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>alla durata del contratto.<span class=\"_ _0\"></span> Investimenti i<span class=\"_ _0\"></span>mmobiliari Gli <span class=\"_\"> </span>investimenti <span class=\"_\"> </span>immobiliari, <span class=\"_\"> </span>rappresentat<span class=\"_ _0\"></span>i <span class=\"_\"> </span>da <span class=\"_\"> </span>i<span class=\"_ _2\"></span>mmob<span class=\"_ _0\"></span>ili <span class=\"_\"> </span>p<span class=\"_ _2\"></span>osseduti <span class=\"_\"> </span>per <span class=\"_\"> </span>la <span class=\"_\"> </span>concessione <span class=\"_\"> </span>in affitto <span class=\"_ _3\"></span>e/o <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>l\u2019apprez<span class=\"_ _0\"></span>zamento <span class=\"_ _3\"></span>patrimon<span class=\"_ _0\"></span>iale, <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>quisto, <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>degli ammortament<span class=\"_ _0\"></span>i e delle perdi<span class=\"_ _0\"></span>te di valore. <span class=\"_ _0\"></span> Attivit\u00e0 immater<span class=\"_ _0\"></span>iali Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>immater<span class=\"_ _0\"></span>iale <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>rilev<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>contabilm<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>ident<span class=\"_ _0\"></span>ificabile, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollabile, <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d \u00e8 <span class=\"_ _3\"></span>prevedibile <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>generi <span class=\"_ _3\"></span>benefic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onomici <span class=\"_ _3\"></span>futuri <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>minato <span class=\"_ _3\"></span>in modo attendibil<span class=\"_ _0\"></span>e. Le <span class=\"_ _1\"> </span>immobilizzazioni<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>immat<span class=\"_ _0\"></span>eriali <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>durata <span class=\"_ _1\"> </span>definita <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>iscritte <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>costo <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>acquisto <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>di produzione al net<span class=\"_ _0\"></span>to degli a<span class=\"_ _0\"></span>mmortamenti <span class=\"_ _0\"></span>e delle perdit<span class=\"_ _0\"></span>e di valor<span class=\"_ _0\"></span>i accumulati.<span class=\"_ _0\"></span> Le vite utili sti<span class=\"_ _0\"></span>mate del peri<span class=\"_ _0\"></span>odo corrente e<span class=\"_ _0\"></span> di quello com<span class=\"_ _0\"></span>parativo son<span class=\"_ _0\"></span>o le seguenti:<span class=\"_ _0\"></span> Diritti di brevetto <span class=\"_ _0\"></span>industriale<span class=\"_ _0\"></span> e altri diritti<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>         <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> 5 anni Concessioni, lice<span class=\"_ _0\"></span>nze e marc<span class=\"_ _0\"></span>hi            <span class=\"_ _0\"></span>                    <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>      10 a<span class=\"_ _0\"></span>nni  Altri <span class=\"_ _c6\"> </span> <span class=\"_ _0\"></span>               <span class=\"_ _0\"></span>                   <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>          5-6 a<span class=\"_ _0\"></span>nni L\u2019ammortamento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>param<span class=\"_ _0\"></span>etrato <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _5\"></span>della <span class=\"_ _d\"></span>prev<span class=\"_ _0\"></span>ista <span class=\"_ _5\"></span>vita <span class=\"_ _d\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019immobilizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>e inizia quando l\u2019<span class=\"_ _0\"></span>attivit\u00e0 \u00e8 d<span class=\"_ _0\"></span>isponibile all\u2019uso.<span class=\"_ _0\"></span> Nella <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>\u201c<span class=\"_ _0\"></span>Altri\u201d <span class=\"_ _e\"> </span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ompresi <span class=\"_ _5\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _5\"></span>impor<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>pagati <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"> </span>l\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>dei <span class=\"_ _e\"> </span>diritti <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>ingr<span class=\"_ _0\"></span>esso degli <span class=\"_ _3\"></span>esercizi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndita, <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>predefinita;<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>importi <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>ammortizz<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> base alla durata <span class=\"_ _0\"></span>del contrat<span class=\"_ _0\"></span>to. Gli <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span>dall\u2019alienazione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>bene <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>ateriale <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isurati <span class=\"_ _3\"></span>come <span class=\"_ _0\"></span>la differenza <span class=\"_ _3\"></span>fra <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>ricav<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bene <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>conto economico al m<span class=\"_ _0\"></span>omento dell\u2019alienaz<span class=\"_ _0\"></span>ione. Costi di ricerca <span class=\"_ _0\"></span> I <span class=\"_\"> </span>costi <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>ricerca <span class=\"_\"> </span>vengon<span class=\"_ _0\"></span>o <span class=\"_\"> </span>ad<span class=\"_ _2\"></span>debitati <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>Conto <span class=\"_\"> </span>Economico <span class=\"_\"> </span>quando <span class=\"_\"> </span>sostenuti <span class=\"_\"> </span>cos\u00ec <span class=\"_ _1\"> </span>come stabilito dallo I<span class=\"_ _0\"></span>AS 38. Software I <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>delle <span class=\"_ _d\"></span>licenze <span class=\"_ _3\"></span>softwar<span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>compre<span class=\"_ _0\"></span>nsivi <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _3\"></span>acces<span class=\"_ _0\"></span>sori, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>capital<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>isc<span class=\"_ _0\"></span>ritti in bilancio al n<span class=\"_ _0\"></span>etto degli am<span class=\"_ _0\"></span>mortamenti e de<span class=\"_ _0\"></span>lle eventua<span class=\"_ _0\"></span>li perdite di va<span class=\"_ _0\"></span>lore accumu<span class=\"_ _0\"></span>late. La vita utile \u00e8 st<span class=\"_ _0\"></span>imata med<span class=\"_ _0\"></span>iamente in c<span class=\"_ _0\"></span>inque anni.<span class=\"_ _0\"></span> Avviamento L\u2019avviamento <span class=\"_ _3\"></span>derivante <span class=\"_ _0\"></span>dall<span class=\"_ _0\"></span>\u2019acquisizione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>imprese <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>materiali <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>\u00e8 valutato al costo <span class=\"_ _0\"></span>al netto d<span class=\"_ _0\"></span>elle perdite<span class=\"_ _0\"></span> di valore accumu<span class=\"_ _0\"></span>late. L\u2019avviamento <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>me <span class=\"_ _f\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _1\"> </span>rivisto <span class=\"_ _1\"> </span>annualmente, <span class=\"_ _1\"> </span>o <span class=\"_ _f\"> </span>con <span class=\"_ _1\"> </span>frequenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>maggiore<span class=\"_ _0\"></span> qualora <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>verifich<span class=\"_ _0\"></span>ino <span class=\"_ _3\"></span>event<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>biamenti <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ossono <span class=\"_ _3\"></span>far <span class=\"_ _d\"></span>emergere <span class=\"_ _d\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _d\"></span>perdite <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> valore, <span class=\"_ _f\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>ificare <span class=\"_ _f\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>non <span class=\"_ _1\"> </span>abbia <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>minor <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>alore. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>perdite<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>valore<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sono <span class=\"_ _1\"> </span>iscritte immediatamente <span class=\"_ _0\"></span>a conto ec<span class=\"_ _0\"></span>onomico e non<span class=\"_ _0\"></span> sono succ<span class=\"_ _0\"></span>essivamente ri<span class=\"_ _0\"></span>pristinate.<span class=\"_ _0\"></span> In <span class=\"_ _8\"> </span>caso <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>cession<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>un\u2019impr<span class=\"_ _0\"></span>esa <span class=\"_ _8\"> </span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _9\"> </span>o <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>un\u2019ent<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>contro<span class=\"_ _0\"></span>llo <span class=\"_ _8\"> </span>cong<span class=\"_ _0\"></span>iunto, l\u2019ammontare <span class=\"_ _b\"> </span>dell\u2019avvia<span class=\"_ _0\"></span>mento <span class=\"_ _a\"> </span>ad <span class=\"_ _b\"> </span>esse <span class=\"_ _a\"> </span>attri<span class=\"_ _0\"></span>buibile <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _b\"> </span>incluso <span class=\"_ _b\"> </span>nella <span class=\"_ _a\"> </span>determ<span class=\"_ _0\"></span>inazione <span class=\"_ _b\"> </span>della plusvalenza o m<span class=\"_ _0\"></span>inusvalenz<span class=\"_ _0\"></span>a da alienazione.<span class=\"_ _0\"></span> Gli <span class=\"_ _3\"></span>avviamenti <span class=\"_ _d\"></span>derivanti <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>acquisizion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>effettuate <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ima <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>transizion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>IFRS sono m<span class=\"_ _0\"></span>antenuti <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>i va<span class=\"_ _0\"></span>lori r<span class=\"_ _0\"></span>isultanti <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019applicazione <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>principi <span class=\"_ _0\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _0\"></span>italiani <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>e sono assoggett<span class=\"_ _0\"></span>ati ad impair<span class=\"_ _0\"></span>ment test con la <span class=\"_ _0\"></span>frequenza s<span class=\"_ _0\"></span>opra indicata. <span class=\"_ _0\"></span> Qualora <span class=\"_ _1\"> </span>l\u2019avviament<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>iscritto <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>bilancio <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>riferisc<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>all\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>onerosa <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>diritti <span class=\"_ _1\"> </span>per l\u2019esercizio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>merciali ave<span class=\"_ _0\"></span>nti <span class=\"_ _0\"></span>vita <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>definit<span class=\"_ _0\"></span>a. Lo <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _0\"></span>viene s<span class=\"_ _0\"></span>istematicame<span class=\"_ _0\"></span>nte ammortizzato <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>periodo <span class=\"_ _f\"> </span>uguale <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>durata <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>locazione <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferisc<span class=\"_ _0\"></span>e l\u2019esercizio e v<span class=\"_ _0\"></span>iene iscritto al<span class=\"_ _0\"></span> costo, a<span class=\"_ _0\"></span>l netto di ammorta<span class=\"_ _0\"></span>menti ed event<span class=\"_ _0\"></span>uali perd<span class=\"_ _0\"></span>ite di va<span class=\"_ _0\"></span>lore. Se l\u2019<span class=\"_ _0\"></span>avviamento <span class=\"_ _0\"></span>iscritto <span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>lancio si <span class=\"_ _0\"></span>riferisce <span class=\"_ _0\"></span>all\u2019acquis<span class=\"_ _0\"></span>izione <span class=\"_ _0\"></span>onerosa <span class=\"_ _0\"></span>di d<span class=\"_ _0\"></span>iritti per<span class=\"_ _0\"></span> l\u2019<span class=\"_ _0\"></span>esercizio di <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>commercial<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>av<span class=\"_ _0\"></span>enti <span class=\"_ _5\"></span>vita <span class=\"_ _5\"></span>utile <span class=\"_ _5\"></span>indefinita, <span class=\"_ _e\"> </span>il <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _5\"></span>pi\u00f9 <span class=\"_ _5\"></span>sistematicame<span class=\"_ _0\"></span>nte ammortizzato, <span class=\"_ _b\"> </span>ma <span class=\"_ _a\"> </span>assoggettat<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>una <span class=\"_ _b\"> </span>verifica <span class=\"_ _a\"> </span>pe<span class=\"_ _0\"></span>riodica <span class=\"_ _a\"> </span>ai <span class=\"_ _a\"> </span>f<span class=\"_ _0\"></span>ini <span class=\"_ _a\"> </span>dell\u2019identific<span class=\"_ _0\"></span>azione <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i eventuali per<span class=\"_ _0\"></span>dite di valore.<span class=\"_ _0\"></span> Perdite di valor<span class=\"_ _0\"></span>e (\u201cImpairm<span class=\"_ _0\"></span>ent\u201d) Ad <span class=\"_ _b\"> </span>ogni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ata <span class=\"_ _b\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>bilancio,<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _b\"> </span>freq<span class=\"_ _0\"></span>uenza <span class=\"_ _b\"> </span>magg<span class=\"_ _0\"></span>iore <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>alora <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>verifichino<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>event<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>o cambiamenti <span class=\"_ _b\"> </span>che <span class=\"_ _b\"> </span>possono <span class=\"_ _a\"> </span>far<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>e<span class=\"_ _0\"></span>mergere <span class=\"_ _b\"> </span>perdite <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>valor<span class=\"_ _0\"></span>e, <span class=\"_ _a\"> </span>il <span class=\"_ _b\"> </span>Gruppo <span class=\"_ _b\"> </span>rivede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>valore<span class=\"_ _0\"></span> contabile de<span class=\"_ _0\"></span>lle pr<span class=\"_ _0\"></span>oprie att<span class=\"_ _0\"></span>ivit\u00e0 mater<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>e immat<span class=\"_ _0\"></span>eriali pe<span class=\"_ _0\"></span>r deter<span class=\"_ _0\"></span>minare s<span class=\"_ _0\"></span>e vi s<span class=\"_ _0\"></span>iano <span class=\"_ _0\"></span>indicaz<span class=\"_ _0\"></span>ioni che <span class=\"_ _3\"></span>queste <span class=\"_ _d\"></span>attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _3\"></span>abbi<span class=\"_ _0\"></span>ano <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ubito <span class=\"_ _3\"></span>riduzio<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>valore. <span class=\"_ _d\"></span>Qualora <span class=\"_ _d\"></span>queste <span class=\"_ _d\"></span>indicazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istano, viene <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>timato <span class=\"_ _5\"></span>l\u2019ammont<span class=\"_ _0\"></span>are <span class=\"_ _5\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"> </span>per <span class=\"_ _5\"> </span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019eventuale <span class=\"_ _5\"> </span>importo della <span class=\"_\"> </span>svalut<span class=\"_ _0\"></span>azione. <span class=\"_\"> </span>Dove <span class=\"_ _a\"> </span>non <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>possib<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>stimare <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>valore <span class=\"_\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>di <span class=\"_\"> </span>u<span class=\"_ _0\"></span>na <span class=\"_\"> </span>attivit\u00e0<span class=\"_ _0\"></span> individualmente,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _d\"></span>effettua<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>sti<span class=\"_ _0\"></span>ma <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _d\"></span>recupera<span class=\"_ _0\"></span>bile <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>generatr<span class=\"_ _0\"></span>ice di flussi finanz<span class=\"_ _0\"></span>iari a cui l\u2019at<span class=\"_ _0\"></span>tivit\u00e0 appartiene.<span class=\"_ _0\"></span> Le <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>v<span class=\"_ _0\"></span>ita <span class=\"_ _a\"> </span>utile <span class=\"_ _a\"> </span>indefinita<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>tra <span class=\"_ _a\"> </span>cui <span class=\"_ _a\"> </span>l\u2019avviamento <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>marchi,<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>vengono verificate annu<span class=\"_ _0\"></span>almente e<span class=\"_ _0\"></span> ogniqualvolta v<span class=\"_ _0\"></span>i \u00e8 un\u2019indic<span class=\"_ _0\"></span>azione di<span class=\"_ _0\"></span> una pos<span class=\"_ _0\"></span>sibile perdita<span class=\"_ _0\"></span> di valor<span class=\"_ _0\"></span>e, al fine di deter<span class=\"_ _0\"></span>minare se la <span class=\"_ _0\"></span>perdita d<span class=\"_ _0\"></span>i valore effettivam<span class=\"_ _0\"></span>ente esista.<span class=\"_ _0\"></span> L\u2019ammontare <span class=\"_ _3\"></span>recu<span class=\"_ _0\"></span>perabile <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>rappresentato <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aggiore <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>fr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>dei costi <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>vendita <span class=\"_ _e\"> </span>e <span class=\"_ _5\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso. <span class=\"_ _5\"></span>Nella <span class=\"_ _e\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _5\"></span>d\u2019us<span class=\"_ _0\"></span>o, <span class=\"_ _5\"></span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>cassa futuri <span class=\"_ _3\"></span>stimati <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>scontati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>loro <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>lordo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>imposte che <span class=\"_ _f\"> </span>riflette <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>denaro <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>rischi <span class=\"_ _f\"> </span>specifici dell\u2019attivit\u00e0. Se <span class=\"_ _0\"></span>l\u2019ammontare <span class=\"_ _3\"></span>recuperabi<span class=\"_ _0\"></span>le d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>(o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>unit\u00e0 <span class=\"_ _3\"></span>generatrice <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>lussi <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iari) <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> stimato <span class=\"_ _d\"></span>essere <span class=\"_ _5\"></span>inferiore <span class=\"_ _d\"></span>rispetto <span class=\"_ _5\"></span>al <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elativo <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>contabile, <span class=\"_ _5\"></span>esso <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>ridotto <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>minor <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alore recuperabile. Una p<span class=\"_ _0\"></span>erdita d<span class=\"_ _0\"></span>i valore \u00e8 rilevat<span class=\"_ _0\"></span>a nel conto <span class=\"_ _0\"></span>economico im<span class=\"_ _0\"></span>mediatame<span class=\"_ _0\"></span>nte,  Quando <span class=\"_\"> </span>u<span class=\"_ _2\"></span>na <span class=\"_ _1\"> </span>svalut<span class=\"_ _0\"></span>azione <span class=\"_\"> </span>non <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>p<span class=\"_ _0\"></span>i\u00f9 <span class=\"_ _1\"> </span>ragione <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>essere <span class=\"_ _1\"> </span>mantenut<span class=\"_ _0\"></span>a, <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>con<span class=\"_ _2\"></span>tabile<span class=\"_ _0\"></span> dell\u2019attivit\u00e0 <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>g<span class=\"_ _0\"></span>eneratrice <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>flussi <span class=\"_ _e\"> </span>finanziar<span class=\"_ _0\"></span>i), <span class=\"_ _5\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>dell<span class=\"_ _0\"></span>\u2019avviamento, <span class=\"_ _e\"> </span>\u00e8 incrementato <span class=\"_ _f\"> </span>al <span class=\"_ _5\"> </span>nu<span class=\"_ _0\"></span>ovo <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>derivant<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>stima<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>uo <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>recuper<span class=\"_ _0\"></span>abile, <span class=\"_ _e\"> </span>ma <span class=\"_ _f\"> </span>non oltre <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>netto <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>carico <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>avrebb<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>vuto <span class=\"_ _e\"> </span>se <span class=\"_ _e\"> </span>non <span class=\"_ _5\"> </span>fos<span class=\"_ _0\"></span>se <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _e\"> </span>effettuata <span class=\"_ _f\"> </span>la svalutazione <span class=\"_ _f\"> </span>per <span class=\"_ _e\"> </span>perdita <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>valore. <span class=\"_ _e\"> </span>Il <span class=\"_ _f\"> </span>ripristino <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputato <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico<span class=\"_ _0\"></span> immediatamente, <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>meno <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _1\"> </span>l\u2019attivit\u00e0 <span class=\"_ _1\"> </span>sia <span class=\"_ _1\"> </span>valutata <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>valore <span class=\"_ _1\"> </span>rivalutato, <span class=\"_\"> </span>n<span class=\"_ _2\"></span>el <span class=\"_ _1\"> </span>qual <span class=\"_ _1\"> </span>caso <span class=\"_ _1\"> </span>il ripristino di val<span class=\"_ _0\"></span>ore \u00e8 imputat<span class=\"_ _0\"></span>o alla riserv<span class=\"_ _0\"></span>a di rivalutazion<span class=\"_ _0\"></span>e. Attivit\u00e0 non corr<span class=\"_ _0\"></span>enti detenu<span class=\"_ _0\"></span>te per <span class=\"_ _0\"></span>la vendita Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>corrente <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ismissione <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ompost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0) <span class=\"_ _3\"></span>viene classificata <span class=\"_\"> </span>come <span class=\"_\"> </span>posseduta <span class=\"_\"> </span>per <span class=\"_\"> </span>la <span class=\"_\"> </span>vendita <span class=\"_ _1\"> </span>se <span class=\"_\"> </span>il <span class=\"_\"> </span>suo <span class=\"_ _1\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_\"> </span>contabile <span class=\"_\"> </span>sar\u00e0 <span class=\"_\"> </span>recuperato principalmente c<span class=\"_ _0\"></span>on un\u2019oper<span class=\"_ _0\"></span>azione di vend<span class=\"_ _0\"></span>ita anzich\u00e9 tr<span class=\"_ _0\"></span>amite il suo ut<span class=\"_ _0\"></span>ilizzo cont<span class=\"_ _0\"></span>inuato. Immediatament<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ima <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>lassificazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>iniziale <span class=\"_ _e\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _e\"> </span>(o <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>dismissione)<span class=\"_ _0\"></span> come <span class=\"_ _5\"></span>posseduta<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>vendita,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>conta<span class=\"_ _0\"></span>bili <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>utati <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onformit\u00e0 <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>i principi contab<span class=\"_ _0\"></span>ili del Grupp<span class=\"_ _0\"></span>o. Successivame<span class=\"_ _0\"></span>nte, <span class=\"_ _f\"> </span>l\u2019attivit\u00e0 <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>gruppo <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>dismission<span class=\"_ _0\"></span>e) <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>valutat<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>minore <span class=\"_ _1\"> </span>tra <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>suo valore <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>abile <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fair <span class=\"_ _d\"></span>value <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>net<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>ven<span class=\"_ _0\"></span>dita. <span class=\"_ _d\"></span>L\u2019eventuale <span class=\"_ _d\"></span>perdita <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>di un <span class=\"_ _d\"></span>gruppo <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>dismissione <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>allocata <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>primo <span class=\"_ _5\"></span>luogo <span class=\"_ _d\"></span>all\u2019av<span class=\"_ _0\"></span>viamento, <span class=\"_ _d\"></span>qu<span class=\"_ _0\"></span>indi <span class=\"_ _d\"></span>alle <span class=\"_ _5\"></span>restanti attivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>passivit\u00e0 <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>sura <span class=\"_ _3\"></span>proporzion<span class=\"_ _0\"></span>ale, <span class=\"_ _3\"></span>ad <span class=\"_ _d\"></span>eccezione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rimane<span class=\"_ _0\"></span>nze, <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziarie,<span class=\"_ _0\"></span> attivit\u00e0 <span class=\"_ _8\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>impos<span class=\"_ _0\"></span>te <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>ifferite, <span class=\"_ _9\"> </span>benefici <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>dipen<span class=\"_ _0\"></span>denti <span class=\"_ _9\"> </span>e <span class=\"_ _8\"> </span>inves<span class=\"_ _0\"></span>timenti <span class=\"_ _9\"> </span>immobi<span class=\"_ _0\"></span>liari, <span class=\"_ _8\"> </span>che<span class=\"_ _0\"></span> continuano ad es<span class=\"_ _0\"></span>sere valut<span class=\"_ _0\"></span>ate in conform<span class=\"_ _0\"></span>it\u00e0 ai principi c<span class=\"_ _0\"></span>ontabili del Gru<span class=\"_ _0\"></span>ppo. Le <span class=\"_ _0\"></span>perdite <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span>dalla <span class=\"_ _0\"></span>classif<span class=\"_ _0\"></span>icazione <span class=\"_ _0\"></span>iniz<span class=\"_ _0\"></span>iale <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>seduta <span class=\"_ _3\"></span>per la <span class=\"_ _5\"></span>vendit<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>e <span class=\"_ _e\"> </span>le <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferenze <span class=\"_ _e\"> </span>di <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alutazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>succe<span class=\"_ _0\"></span>ssive <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>rilevate <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>conto <span class=\"_ _5\"> </span>ec<span class=\"_ _0\"></span>onomico.<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>Le variazioni <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>positive <span class=\"_ _e\"> </span>sono <span class=\"_ _f\"> </span>rilevate <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>olo <span class=\"_ _e\"> </span>fino <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>concorrenza <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>eventuali <span class=\"_ _f\"> </span>perdite <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i valore cumulate.<span class=\"_ _0\"></span> Finanziamenti<span class=\"_ _0\"></span> I <span class=\"_ _3\"></span>finanziamenti <span class=\"_ _d\"></span>sono <span class=\"_ _3\"></span>rico<span class=\"_ _0\"></span>nosc<span class=\"_ _0\"></span>iuti <span class=\"_ _3\"></span>inizialmente <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lue <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>ricevuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli oneri accessor<span class=\"_ _0\"></span>i di acquisizione <span class=\"_ _0\"></span>del finanziam<span class=\"_ _0\"></span>ento. Dopo <span class=\"_\"> </span>t<span class=\"_ _0\"></span>ale <span class=\"_ _a\"> </span>rilevazione <span class=\"_ _a\"> </span>iniziale <span class=\"_ _a\"> </span>i <span class=\"_\"> </span>finanziament<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>vengono <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _a\"> </span>con <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>criterio <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>costo ammortizzato ca<span class=\"_ _0\"></span>lcolato tra<span class=\"_ _0\"></span>mite l\u2019applicaz<span class=\"_ _0\"></span>ione del tasso <span class=\"_ _0\"></span>d\u2019interesse eff<span class=\"_ _0\"></span>ettivo. Il <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>ten<span class=\"_ _0\"></span>endo <span class=\"_ _3\"></span>conto <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>emissione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ogni <span class=\"_ _3\"></span>eventuale<span class=\"_ _0\"></span> sconto o prem<span class=\"_ _0\"></span>io previsti al <span class=\"_ _0\"></span>momento della r<span class=\"_ _0\"></span>egolazione<span class=\"_ _0\"></span>. Debiti commerci<span class=\"_ _0\"></span>ali e altri debit<span class=\"_ _0\"></span>i I debiti sono r<span class=\"_ _0\"></span>ilevati inizialmente <span class=\"_ _0\"></span>al fair va<span class=\"_ _0\"></span>lue del corrisp<span class=\"_ _0\"></span>ettivo da pag<span class=\"_ _0\"></span>are. Successivame<span class=\"_ _0\"></span>nte <span class=\"_ _d\"></span>i <span class=\"_ _5\"></span>debiti <span class=\"_ _5\"></span>vengono <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>utati <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>on <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>riterio <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>ammort<span class=\"_ _0\"></span>izzato <span class=\"_ _5\"></span>calcolato tramite l\u2019applicaz<span class=\"_ _0\"></span>ione del ta<span class=\"_ _0\"></span>sso d\u2019interesse e<span class=\"_ _0\"></span>ffettivo. Fondi per risc<span class=\"_ _0\"></span>hi e oneri I <span class=\"_\"> </span>fondi <span class=\"_\"> </span>per <span class=\"_\"> </span>risc<span class=\"_ _0\"></span>hi <span class=\"_\"> </span>e <span class=\"_\"> </span>oneri <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_\"> </span>relativi <span class=\"_\"> </span>ad <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>cantoname<span class=\"_ _0\"></span>nti <span class=\"_\"> </span>che <span class=\"_\"> </span>vengo<span class=\"_ _0\"></span>no <span class=\"_\"> </span>stanziati <span class=\"_\"> </span>sol<span class=\"_ _0\"></span>o quando <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>rit<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>dov<span class=\"_ _0\"></span>er <span class=\"_ _d\"></span>far <span class=\"_ _d\"></span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span>\u2019obbligazion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>(legale <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>implicita) <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>un evento <span class=\"_ _0\"></span>passato <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ale <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>probabile <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>utilizzo d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>risorse <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>montare d<span class=\"_ _0\"></span>eve <span class=\"_ _0\"></span>poter essere stimato <span class=\"_ _0\"></span>in maniera atten<span class=\"_ _0\"></span>dibile. L\u2019importo <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>fo<span class=\"_ _0\"></span>ndi <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>rappresentato <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _f\"> </span>valore <span class=\"_ _1\"> </span>attuale <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _f\"> </span>attes<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>stimat<span class=\"_ _0\"></span>i, attualizzati <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>tasso <span class=\"_ _e\"> </span>lordo <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>impost<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>riflette<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>valutazioni <span class=\"_ _e\"> </span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>merc<span class=\"_ _0\"></span>ato <span class=\"_ _e\"> </span>del valore attuale de<span class=\"_ _0\"></span>l denaro e <span class=\"_ _0\"></span>i risultati speci<span class=\"_ _0\"></span>fici connessi <span class=\"_ _0\"></span>alle passivit\u00e0. Non <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>procede <span class=\"_ _3\"></span>invece <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>alcun <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tanziamento<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>fronte <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ali <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ifestarsi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di una <span class=\"_ _f\"> </span>passivit\u00e0 <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>soltanto <span class=\"_ _f\"> </span>poss<span class=\"_ _0\"></span>ibile. <span class=\"_ _f\"> </span>In <span class=\"_ _f\"> </span>questa <span class=\"_ _f\"> </span>evenienz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>si <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ocede <span class=\"_ _f\"> </span>unicament<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>darne menzione nell\u2019ap<span class=\"_ _0\"></span>posita sezi<span class=\"_ _0\"></span>one informativa s<span class=\"_ _0\"></span>u impegni e r<span class=\"_ _0\"></span>ischi.  Accantonament<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>relativ<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>a <span class=\"_ _5\"></span>operazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>riorgani<span class=\"_ _0\"></span>zzazione <span class=\"_ _5\"></span>azienda<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>vengo<span class=\"_ _0\"></span>no <span class=\"_ _d\"></span>sta<span class=\"_ _0\"></span>nziati <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>olo quando <span class=\"_ _0\"></span>esiste <span class=\"_ _0\"></span>un pia<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>formale <span class=\"_ _0\"></span>dettagliat<span class=\"_ _0\"></span>o approv<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>Direzione <span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>ali oper<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>sono portate a conos<span class=\"_ _0\"></span>cenza delle <span class=\"_ _0\"></span>principali parti co<span class=\"_ _0\"></span>involte. Benefici a<span class=\"_ _0\"></span>i dipendenti  L\u2019obbligazione <span class=\"_ _3\"></span>netta <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>lungo <span class=\"_ _3\"></span>termine, <span class=\"_ _3\"></span>diversi da <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lli <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _5\"></span>da <span class=\"_ _5\"></span>pian<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>pens<span class=\"_ _0\"></span>ionistici, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>onde <span class=\"_ _5\"></span>all\u2019impor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>ben<span class=\"_ _0\"></span>eficio <span class=\"_ _5\"></span>futuro <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>i dipendenti <span class=\"_ _a\"> </span>hanno <span class=\"_ _a\"> </span>maturato <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>le <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>estazion<span class=\"_ _0\"></span>i <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>lav<span class=\"_ _0\"></span>oro <span class=\"_ _a\"> </span>nell\u2019esercizio <span class=\"_ _a\"> </span>corrente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>negli esercizi preceden<span class=\"_ _0\"></span>ti. Tale <span class=\"_ _0\"></span>beneficio vi<span class=\"_ _0\"></span>ene attua<span class=\"_ _0\"></span>lizzato, mentre<span class=\"_ _0\"></span> il fair va<span class=\"_ _0\"></span>lue di ev<span class=\"_ _0\"></span>entuali attivi<span class=\"_ _0\"></span>t\u00e0 viene <span class=\"_ _a\"> </span>detratto <span class=\"_\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _a\"> </span>passivit\u00e0. <span class=\"_\"> </span>Il <span class=\"_ _a\"> </span>tasso <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>attu<span class=\"_ _0\"></span>alizzazione <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>rendimento, <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_ _a\"> </span>di riferimento <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>obbligazi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>primarie <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>cui <span class=\"_ _3\"></span>date <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>scade<span class=\"_ _0\"></span>nza <span class=\"_ _3\"></span>approssimano<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> termini <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _d\"></span>obbligaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>Grupp<span class=\"_ _0\"></span>o. <span class=\"_ _d\"></span>L\u2019obbligaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>viene <span class=\"_ _d\"></span>calc<span class=\"_ _0\"></span>olata <span class=\"_ _d\"></span>util<span class=\"_ _0\"></span>izzando <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>metodo della <span class=\"_ _f\"> </span>proiezione <span class=\"_ _f\"> </span>unitaria <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>credito. <span class=\"_ _f\"> </span>Gli <span class=\"_ _f\"> </span>eventu<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>utili <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span>dite <span class=\"_ _f\"> </span>attuariali <span class=\"_ _f\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>rilevati <span class=\"_ _f\"> </span>a conto economico <span class=\"_ _0\"></span>nell\u2019eserc<span class=\"_ _0\"></span>izio in cui sono rea<span class=\"_ _0\"></span>lizzati o sos<span class=\"_ _0\"></span>tenuti. La valutazione<span class=\"_ _0\"></span> della passivi<span class=\"_ _0\"></span>t\u00e0 \u00e8 effettuat<span class=\"_ _0\"></span>a da attuari <span class=\"_ _0\"></span>indipende<span class=\"_ _0\"></span>nti. Piani a contribuz<span class=\"_ _0\"></span>ione definit<span class=\"_ _0\"></span>a I <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontributi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>ersare <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>piani <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontribuzione <span class=\"_ _5\"></span>definita <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>rilevati <span class=\"_ _d\"></span>come <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>Cont<span class=\"_ _0\"></span>o Economico de<span class=\"_ _0\"></span>ll\u2019esercizio in<span class=\"_ _0\"></span> cui sono s<span class=\"_ _0\"></span>ostenuti. Piani a benefic<span class=\"_ _0\"></span>i definiti Il <span class=\"_ _10\"> </span>Trattamento <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>Fine <span class=\"_ _11\"> </span>Rapporto <span class=\"_ _10\"> </span>(TF<span class=\"_ _0\"></span>R) <span class=\"_ _10\"> </span>dovuto <span class=\"_ _11\"> </span>ai <span class=\"_ _10\"> </span>dipendent<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>delle <span class=\"_ _10\"> </span>soci<span class=\"_ _0\"></span>et\u00e0 <span class=\"_ _10\"> </span>ital<span class=\"_ _0\"></span>iane appartenenti <span class=\"_\"> </span>al <span class=\"_\"> </span>Gruppo<span class=\"_ _0\"></span> <span class=\"_\"> </span>ai <span class=\"_\"> </span>sensi <span class=\"_\"> </span>dell\u2019articolo <span class=\"_\"> </span>2120 <span class=\"_\"> </span>del <span class=\"_\"> </span>Codice<span class=\"_ _0\"></span> <span class=\"_\"> </span>civile, <span class=\"_\"> </span>rientra <span class=\"_\"> </span>tra <span class=\"_\"> </span>i <span class=\"_\"> </span>piani pensionistici <span class=\"_\"> </span>a <span class=\"_\"> </span>benefici <span class=\"_\"> </span>definiti,<span class=\"_ _0\"></span> <span class=\"_\"> </span>piani <span class=\"_\"> </span>basati <span class=\"_\"> </span>sulla <span class=\"_\"> </span>vita <span class=\"_\"> </span>lavorativa <span class=\"_\"> </span>dei <span class=\"_\"> </span>dipenden<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>e <span class=\"_\"> </span>sulla remunerazione p<span class=\"_ _0\"></span>ercepita dal dipend<span class=\"_ _0\"></span>ente ne<span class=\"_ _0\"></span>l corso di un pred<span class=\"_ _0\"></span>eterminato <span class=\"_ _0\"></span>periodo di s<span class=\"_ _0\"></span>ervizio. In <span class=\"_ _3\"></span>particolare, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>trattament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>iscr<span class=\"_ _0\"></span>itta <span class=\"_ _3\"></span>in bilancio <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>valore<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>stessa, <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>quanto <span class=\"_ _5\"></span>qualificabil<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>quale <span class=\"_ _d\"></span>be<span class=\"_ _0\"></span>neficio <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> dipendenti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ovuto <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _e\"> </span>pia<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>finite. <span class=\"_ _e\"> </span>L<span class=\"_ _0\"></span>\u2019iscrizione <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bil<span class=\"_ _0\"></span>ancio <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> piani <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _f\"> </span>definite <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ichiede <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>stima <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>tec<span class=\"_ _0\"></span>niche <span class=\"_ _e\"> </span>att<span class=\"_ _0\"></span>uariali <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019ammon<span class=\"_ _0\"></span>tare <span class=\"_ _e\"> </span>delle<span class=\"_ _0\"></span> prestazioni <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>aturate <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>pendenti <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>cambio <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 <span class=\"_ _d\"></span>lav<span class=\"_ _0\"></span>orativa <span class=\"_ _d\"></span>prest<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>nell<span class=\"_ _0\"></span>\u2019esercizio corrente <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quelli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019<span class=\"_ _0\"></span>attualizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>prestaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>determinare <span class=\"_ _d\"></span>il valore attuale de<span class=\"_ _0\"></span>gli impegn<span class=\"_ _0\"></span>i del Gruppo<span class=\"_ _0\"></span>. La <span class=\"_ _f\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>27 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _1\"> </span>2006, <span class=\"_ _f\"> </span>n. <span class=\"_ _1\"> </span>296 <span class=\"_ _1\"> </span>(Legge <span class=\"_ _f\"> </span>Fi<span class=\"_ _0\"></span>nanziaria <span class=\"_ _f\"> </span>2<span class=\"_ _0\"></span>007) <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>introdotto <span class=\"_ _1\"> </span>nuove regole per il TF<span class=\"_ _0\"></span>R che matur<span class=\"_ _0\"></span>a a partire da<span class=\"_ _0\"></span>l 1\u00b0 gennaio 2<span class=\"_ _0\"></span>007. Per effetto de<span class=\"_ _0\"></span>lla riforma de<span class=\"_ _0\"></span>lla previdenza com<span class=\"_ _0\"></span>plement<span class=\"_ _0\"></span>are: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le quote d<span class=\"_ _0\"></span>i TFR maturat<span class=\"_ _0\"></span>e fino al 3<span class=\"_ _0\"></span>1 dicembre 20<span class=\"_ _0\"></span>06 rimango<span class=\"_ _0\"></span>no in azienda; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le <span class=\"_ _a\"> </span>quote <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>TFR <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>matura <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>1\u00b0 <span class=\"_ _a\"> </span>gennaio <span class=\"_ _a\"> </span>2007 <span class=\"_ _a\"> </span>devono, <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>scelta <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el </span>dipendente e sec<span class=\"_ _0\"></span>ondo le m<span class=\"_ _0\"></span>odalit\u00e0 di ad<span class=\"_ _0\"></span>esione esplicita<span class=\"_ _0\"></span> o adesione t<span class=\"_ _0\"></span>acita: -<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e destinate a f<span class=\"_ _0\"></span>orme di previde<span class=\"_ _0\"></span>nza complementar<span class=\"_ _0\"></span>e; </span>-<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>mante<span class=\"_ _0\"></span>nute <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>azienda, <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>qu<span class=\"_ _0\"></span>ale <span class=\"_ _1\"> </span>provveder\u00e0 <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tras<span class=\"_ _0\"></span>ferire <span class=\"_ _f\"> </span>le <span class=\"_ _1\"> </span>quote <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>TFR<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al </span>Fondo di Tes<span class=\"_ _0\"></span>oreria istitu<span class=\"_ _0\"></span>ito presso l\u2019INP<span class=\"_ _0\"></span>S. In <span class=\"_\"> </span>entrambi <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>cas<span class=\"_ _0\"></span>i <span class=\"_\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>quote <span class=\"_\"> </span>di <span class=\"_\"> </span>TFR <span class=\"_ _1\"> </span>matur<span class=\"_ _0\"></span>ate <span class=\"_\"> </span>dopo <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>1\u00b0 <span class=\"_\"> </span>genna<span class=\"_ _0\"></span>io <span class=\"_ _1\"> </span>20<span class=\"_ _0\"></span>07 <span class=\"_\"> </span>(o <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>asi <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>previdenza <span class=\"_ _3\"></span>complementare) <span class=\"_ _3\"></span>\u00e8 considerato u<span class=\"_ _0\"></span>n piano a con<span class=\"_ _0\"></span>tribuzione defini<span class=\"_ _0\"></span>ta. La <span class=\"_\"> </span>Legge <span class=\"_ _a\"> </span>Finanziaria <span class=\"_\"> </span>200<span class=\"_ _0\"></span>7 <span class=\"_\"> </span>non <span class=\"_ _a\"> </span>ha <span class=\"_\"> </span>comportato <span class=\"_ _a\"> </span>alcuna <span class=\"_\"> </span>m<span class=\"_ _0\"></span>odifica <span class=\"_\"> </span>re<span class=\"_ _0\"></span>lativament<span class=\"_ _0\"></span>e <span class=\"_\"> </span>al <span class=\"_\"> </span>TFR<span class=\"_ _0\"></span> maturato al <span class=\"_ _0\"></span>31 dice<span class=\"_ _0\"></span>mbre 2006 <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>pertanto ri<span class=\"_ _0\"></span>entra tra <span class=\"_ _0\"></span>i piani pens<span class=\"_ _0\"></span>ionistici a <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>efici definit<span class=\"_ _0\"></span>i. Peraltro, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>se<span class=\"_ _0\"></span>guito <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>n<span class=\"_ _0\"></span>ovit\u00e0 <span class=\"_ _5\"></span>normative<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>introdotte<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _5\"></span>Finanziaria <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>07, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>TFR<span class=\"_ _0\"></span> \u201cmaturato\u201d <span class=\"_\"> </span>ante <span class=\"_\"> </span>1\u00b0 <span class=\"_\"> </span>gennaio <span class=\"_\"> </span>2007 <span class=\"_\"> </span>(o <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>di <span class=\"_\"> </span>effettuazione <span class=\"_\"> </span>della <span class=\"_\"> </span>scelta <span class=\"_\"> </span>nei <span class=\"_\"> </span>casi <span class=\"_\"> </span>di destinazione <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>forme <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>previdenza <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>plementare)<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>subisce <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levante <span class=\"_ _f\"> </span>variazione <span class=\"_ _f\"> </span>di calcolo <span class=\"_ _d\"></span>per <span class=\"_ _e\"> </span>effetto <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>veni<span class=\"_ _0\"></span>r <span class=\"_ _d\"></span>meno<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>delle <span class=\"_ _5\"> </span>ipotes<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>attuar<span class=\"_ _0\"></span>iali <span class=\"_ _5\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>egate agli incrementi sa<span class=\"_ _0\"></span>lariali. In <span class=\"_ _1\"> </span>part<span class=\"_ _0\"></span>icolare, <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>connessa <span class=\"_ _1\"> </span>al <span class=\"_\"> </span>\u201cTFR <span class=\"_\"> </span>maturato\u201d <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>valuta<span class=\"_ _0\"></span>ta <span class=\"_ _1\"> </span>uti<span class=\"_ _0\"></span>lizzando <span class=\"_\"> </span>tecniche attuariali <span class=\"_ _0\"></span>al 1 <span class=\"_ _0\"></span>gennai<span class=\"_ _0\"></span>o 2007<span class=\"_ _0\"></span> (o <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>di e<span class=\"_ _0\"></span>ffettuazi<span class=\"_ _0\"></span>one de<span class=\"_ _0\"></span>lla scelta <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>casi d<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>stinazi<span class=\"_ _0\"></span>one a <span class=\"_ _0\"></span>forme <span class=\"_ _0\"></span>di pr<span class=\"_ _0\"></span>evidenza <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plementare) <span class=\"_ _0\"></span>senza <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l pro-r<span class=\"_ _0\"></span>ata (<span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>serviz<span class=\"_ _0\"></span>io gi\u00e0<span class=\"_ _0\"></span> prestati/anni <span class=\"_ _3\"></span>complessivi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>servizio), <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quanto <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>benef<span class=\"_ _0\"></span>ici <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>pendenti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>utto <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>31 dicembre <span class=\"_ _3\"></span>2006 <span class=\"_ _3\"></span>(o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>casi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> previdenza c<span class=\"_ _0\"></span>omplement<span class=\"_ _0\"></span>are) <span class=\"_ _0\"></span>possono<span class=\"_ _0\"></span> essere <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>iderati <span class=\"_ _0\"></span>quasi <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _0\"></span>(con <span class=\"_ _0\"></span>la sola <span class=\"_ _5\"></span>eccezi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ivalu<span class=\"_ _0\"></span>tazione). <span class=\"_ _5\"> </span>Ne <span class=\"_ _e\"> </span>consegue <span class=\"_ _e\"> </span>che, <span class=\"_ _5\"> </span>ai <span class=\"_ _e\"> </span>fini <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>q<span class=\"_ _0\"></span>uesto <span class=\"_ _5\"></span>calc<span class=\"_ _0\"></span>olo, <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>current service <span class=\"_ _5\"></span>costs\u201d <span class=\"_ _5\"></span>relativi <span class=\"_ _d\"></span>alle <span class=\"_ _5\"></span>prestazioni <span class=\"_ _5\"></span>future <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>avoro <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>considerarsi<span class=\"_ _0\"></span> nulli <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _b\"> </span>ra<span class=\"_ _0\"></span>ppres<span class=\"_ _0\"></span>entati <span class=\"_ _b\"> </span>dai<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>versamenti<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>contr<span class=\"_ _0\"></span>ibutivi <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fondi <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>previde<span class=\"_ _0\"></span>nza integrativa o <span class=\"_ _0\"></span>al Fondo d<span class=\"_ _0\"></span>i Tesoreria del<span class=\"_ _0\"></span>l\u2019INPS. Benefici a brev<span class=\"_ _0\"></span>e termine I <span class=\"_ _f\"> </span>benefici <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>breve <span class=\"_ _f\"> </span>termine<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levati <span class=\"_ _f\"> </span>su <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>attualizzat<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>come costo nel momento <span class=\"_ _0\"></span>in cui vi<span class=\"_ _0\"></span>ene fornita la pres<span class=\"_ _0\"></span>tazione c<span class=\"_ _0\"></span>he d\u00e0 luog<span class=\"_ _0\"></span>o a tali benefic<span class=\"_ _0\"></span>i. Il Gr<span class=\"_ _0\"></span>uppo ri<span class=\"_ _0\"></span>leva u<span class=\"_ _0\"></span>na pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>prevede <span class=\"_ _0\"></span>dovr\u00e0 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere pa<span class=\"_ _0\"></span>gato <span class=\"_ _0\"></span>sotto <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a di compartec<span class=\"_ _0\"></span>ipazion<span class=\"_ _0\"></span>e agli u<span class=\"_ _0\"></span>tili e <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span>i di i<span class=\"_ _0\"></span>ncentivazione <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>un\u2019obbl<span class=\"_ _0\"></span>igazione <span class=\"_ _0\"></span>effettiva, legale <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>implicita, <span class=\"_ _d\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>effett<span class=\"_ _0\"></span>uare <span class=\"_ _3\"></span>t<span class=\"_ _0\"></span>ali <span class=\"_ _d\"></span>pagamenti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>conseguenz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>pas<span class=\"_ _0\"></span>sati <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>pu\u00f2 essere effettuat<span class=\"_ _0\"></span>a una st<span class=\"_ _0\"></span>ima attendibile dell<span class=\"_ _0\"></span>\u2019obbligazion<span class=\"_ _0\"></span>e. Imposte  La <span class=\"_ _5\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _e\"> </span>Vincenzo <span class=\"_ _e\"> </span>Zucchi <span class=\"_ _e\"> </span>S.p.A. <span class=\"_ _5\"> </span>ha<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>aderit<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>consolidato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>fisca<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>nazion<span class=\"_ _0\"></span>ale <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>il periodo <span class=\"_ _5\"></span>2<span class=\"_ _0\"></span>019-2021 <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>mondiale <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>il <span class=\"_ _5\"> </span>qua<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>verr\u00e0 <span class=\"_ _e\"> </span>rinnovata <span class=\"_ _e\"> </span>la <span class=\"_ _5\"></span>richiesta <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>ades<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l periodo <span class=\"_ _8\"> </span>2022-2024. <span class=\"_ _8\"> </span>Con <span class=\"_ _8\"> </span>tale <span class=\"_ _8\"> </span>sistem<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>tass<span class=\"_ _0\"></span>azione, <span class=\"_ _8\"> </span>gli <span class=\"_ _8\"> </span>imponibil<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _14\"> </span>di <span class=\"_ _8\"> </span>tutte <span class=\"_ _8\"> </span>le controllate <span class=\"_ _123\"> </span>residenti <span class=\"_ _123\"> </span>ed <span class=\"_ _123\"> </span>estere <span class=\"_ _123\"> </span>sono <span class=\"_ _123\"> </span>inclusi, <span class=\"_ _123\"> </span>integralmente <span class=\"_ _123\"> </span>nel <span class=\"_ _123\"> </span>primo <span class=\"_ _123\"> </span>caso, proporzionalmente <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"></span>per<span class=\"_ _0\"></span>centuale <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>possesso <span class=\"_ _5\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>econdo, <span class=\"_ _5\"> </span>nella <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>imponi<span class=\"_ _0\"></span>bile <span class=\"_ _5\"></span>della Capogruppo, ven<span class=\"_ _0\"></span>endosi co<span class=\"_ _0\"></span>s\u00ec a determinare <span class=\"_ _0\"></span>un unico redd<span class=\"_ _0\"></span>ito (perdita) i<span class=\"_ _0\"></span>mponibile. Le imposte d<span class=\"_ _0\"></span>ell\u2019esercizio rappr<span class=\"_ _0\"></span>esentano la s<span class=\"_ _0\"></span>omma dell<span class=\"_ _0\"></span>e imposte correnti<span class=\"_ _0\"></span> e differ<span class=\"_ _0\"></span>ite. Le <span class=\"_ _3\"></span>imposte <span class=\"_ _d\"></span>corrent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>basate <span class=\"_ _d\"></span>sul <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _d\"></span>imponibile <span class=\"_ _d\"></span>dell\u2019es<span class=\"_ _0\"></span>ercizio. <span class=\"_ _3\"></span>Il <span class=\"_ _d\"></span>redd<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>impon<span class=\"_ _0\"></span>ibile differisce <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _d\"></span>riport<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>conto <span class=\"_ _d\"></span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _d\"></span>poich\u00e9 <span class=\"_ _5\"></span>esclude <span class=\"_ _d\"></span>compone<span class=\"_ _0\"></span>nti <span class=\"_ _d\"></span>posit<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>e negativi <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>aranno <span class=\"_ _d\"></span>tas<span class=\"_ _0\"></span>sabili <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>deducibili <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>altri <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>ercizi <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>esc<span class=\"_ _0\"></span>lude <span class=\"_ _d\"></span>inoltre <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>oci <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>non saranno <span class=\"_ _3\"></span>mai <span class=\"_ _3\"></span>tassabili <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>deduc<span class=\"_ _0\"></span>ibili. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>imposte <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcol<span class=\"_ _0\"></span>ata <span class=\"_ _3\"></span>utilizzando le aliquote vi<span class=\"_ _0\"></span>genti o di fatto <span class=\"_ _0\"></span>vigenti alla d<span class=\"_ _0\"></span>ata del bila<span class=\"_ _0\"></span>ncio. Le <span class=\"_ _1\"> </span>imposte <span class=\"_ _1\"> </span>differite <span class=\"_ _1\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>imposte <span class=\"_ _1\"> </span>che <span class=\"_ _1\"> </span>ci <span class=\"_ _1\"> </span>si <span class=\"_\"> </span>a<span class=\"_ _2\"></span>spetta <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>pagare<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>recuperar<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>sulle differenze <span class=\"_ _5\"></span>tem<span class=\"_ _0\"></span>poranee <span class=\"_ _5\"></span>fra <span class=\"_ _5\"> </span>il <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>contabi<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>atti<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>bilancio <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>il corrispondente <span class=\"_\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fisc<span class=\"_ _0\"></span>ale <span class=\"_\"> </span>utilizzato <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_\"> </span>calcolo <span class=\"_ _a\"> </span>dell\u2019imponibile <span class=\"_\"> </span>fiscale, <span class=\"_\"> </span>con<span class=\"_ _0\"></span>tabilizzate secondo <span class=\"_ _0\"></span>liability <span class=\"_ _0\"></span>method. <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>fisca<span class=\"_ _0\"></span>li d<span class=\"_ _0\"></span>ifferite s<span class=\"_ _0\"></span>ono ge<span class=\"_ _0\"></span>neralmente<span class=\"_ _0\"></span> rilevate<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per t<span class=\"_ _0\"></span>utte le<span class=\"_ _0\"></span> differenze te<span class=\"_ _0\"></span>mporanee <span class=\"_ _0\"></span>imponibi<span class=\"_ _0\"></span>li, mentre <span class=\"_ _0\"></span>le at<span class=\"_ _0\"></span>tivit\u00e0 fisc<span class=\"_ _0\"></span>ali differit<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ono rilevate <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>misura in <span class=\"_ _10\"> </span>cui <span class=\"_ _10\"> </span>si <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>itenga <span class=\"_ _10\"> </span>proba<span class=\"_ _0\"></span>bile <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>vi <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>aranno <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isultati <span class=\"_ _10\"> </span>fiscali <span class=\"_ _10\"> </span>imp<span class=\"_ _0\"></span>onibili <span class=\"_ _10\"> </span>in <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>uturo <span class=\"_ _10\"> </span>che<span class=\"_ _0\"></span> consentiranno <span class=\"_ _5\"></span>l\u2019utilizzo <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>diff<span class=\"_ _0\"></span>erenze <span class=\"_ _d\"></span>temp<span class=\"_ _0\"></span>oranee <span class=\"_ _d\"></span>deduc<span class=\"_ _0\"></span>ibili. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>ali <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n sono <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>temp<span class=\"_ _0\"></span>oranee <span class=\"_ _3\"></span>derivano <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>avviamento <span class=\"_ _d\"></span>o <span class=\"_ _3\"></span>dall\u2019iscrizione <span class=\"_ _d\"></span>iniziale<span class=\"_ _0\"></span> (non <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>aggr<span class=\"_ _0\"></span>egazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>impr<span class=\"_ _0\"></span>ese) <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>che non hanno inf<span class=\"_ _0\"></span>luenza n\u00e9 sul <span class=\"_ _0\"></span>risultato contab<span class=\"_ _0\"></span>ile n\u00e9 sul risulta<span class=\"_ _0\"></span>to imponibi<span class=\"_ _0\"></span>le. Il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>carico<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fiscali <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ferite <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>rivist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>bilanci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ridotto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>nella misura <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>cui <span class=\"_ _b\"> </span>non<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>sia <span class=\"_ _b\"> </span>pi<span class=\"_ _0\"></span>\u00f9 <span class=\"_ _a\"> </span>probab<span class=\"_ _0\"></span>ile <span class=\"_ _b\"> </span>l\u2019esistenza <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>sufficienti <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>edditi <span class=\"_ _b\"> </span>imponib<span class=\"_ _0\"></span>ili <span class=\"_ _a\"> </span>t<span class=\"_ _0\"></span>ali <span class=\"_ _a\"> </span>da consentire in tutt<span class=\"_ _0\"></span>o o in part<span class=\"_ _0\"></span>e il recupero d<span class=\"_ _0\"></span>i tali attivit\u00e0. Le <span class=\"_ _f\"> </span>im<span class=\"_ _0\"></span>poste <span class=\"_ _f\"> </span>differ<span class=\"_ _0\"></span>ite <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>calcolate <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>base <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span>l\u2019aliquo<span class=\"_ _0\"></span>ta <span class=\"_ _f\"> </span>fiscale <span class=\"_ _1\"> </span>che <span class=\"_ _f\"> </span>ci<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>si <span class=\"_ _1\"> </span>aspetta <span class=\"_ _f\"> </span>sar\u00e0<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>in vigore <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>momento <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>realizzo <span class=\"_ _1\"> </span>del<span class=\"_ _0\"></span>l\u2019attivit\u00e0 <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>dell\u2019es<span class=\"_ _0\"></span>tinzione <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>passivit\u00e0<span class=\"_ _0\"></span>. <span class=\"_ _1\"> </span>Le <span class=\"_ _1\"> </span>imposte differite <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>imputate<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dir<span class=\"_ _0\"></span>ettamente<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al <span class=\"_ _d\"></span>cont<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>econo<span class=\"_ _0\"></span>mico, <span class=\"_ _d\"></span>ad <span class=\"_ _d\"></span>eccezion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _d\"></span>a voci <span class=\"_\"> </span>rilevate <span class=\"_\"> </span>direttamen<span class=\"_ _0\"></span>te <span class=\"_\"> </span>a <span class=\"_\"> </span>patrimonio <span class=\"_\"> </span>netto, <span class=\"_\"> </span>nel <span class=\"_\"> </span>qual <span class=\"_\"> </span>caso <span class=\"_\"> </span>anche<span class=\"_ _0\"></span> <span class=\"_\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>relative <span class=\"_\"> </span>impost<span class=\"_ _0\"></span>e differite sono anc<span class=\"_ _0\"></span>h\u2019esse im<span class=\"_ _0\"></span>putate al p<span class=\"_ _0\"></span>atrimonio netto.<span class=\"_ _0\"></span> Le <span class=\"_ _1\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>p<span class=\"_ _2\"></span>assivit\u00e0 <span class=\"_ _1\"> </span>f<span class=\"_ _0\"></span>iscali <span class=\"_ _1\"> </span>differite <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>compe<span class=\"_ _0\"></span>nsate <span class=\"_ _1\"> </span>quando <span class=\"_ _1\"> </span>vi <span class=\"_\"> </span>\u00e8 <span class=\"_ _f\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>diritto<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>legale <span class=\"_ _1\"> </span>a compensare <span class=\"_ _3\"></span>le i<span class=\"_ _0\"></span>mposte <span class=\"_ _3\"></span>correnti <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>passive <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>quando <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riferiscono <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>imposte <span class=\"_ _3\"></span>dovute alla <span class=\"_ _d\"></span>medesima <span class=\"_ _5\"></span>autorit\u00e0 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>iscale <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>ntende <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>iquidare <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _5\"></span>passi<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _d\"></span>fiscali correnti su base n<span class=\"_ _0\"></span>etta.<span class=\"_ _0\"></span> Ricavi  Vendita di m<span class=\"_ _0\"></span>erci I ricavi<span class=\"_ _0\"></span> dalla <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita di <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci sono<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alutati <span class=\"_ _0\"></span>al f<span class=\"_ _0\"></span>air <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>del corr<span class=\"_ _0\"></span>ispettivo <span class=\"_ _0\"></span>ricev<span class=\"_ _0\"></span>uto o<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>spettante tenendo <span class=\"_ _d\"></span>conto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>ev<span class=\"_ _0\"></span>entuali <span class=\"_ _d\"></span>resi, <span class=\"_ _d\"></span>abb<span class=\"_ _0\"></span>uoni, <span class=\"_ _d\"></span>sconti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>merciali <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>prem<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>legati <span class=\"_ _d\"></span>alla<span class=\"_ _0\"></span> qualit\u00e0. I <span class=\"_ _0\"></span>ricavi sono <span class=\"_ _0\"></span>rilevat<span class=\"_ _0\"></span>i quando <span class=\"_ _0\"></span>il co<span class=\"_ _0\"></span>ntrollo dei be<span class=\"_ _0\"></span>ni \u00e8 <span class=\"_ _0\"></span>trasferito all\u2019ac<span class=\"_ _0\"></span>quirente, <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>la recuperabilit\u00e0 <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>orrispet<span class=\"_ _0\"></span>tivo <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>probabile, <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>rel<span class=\"_ _0\"></span>ativi <span class=\"_ _f\"> </span>costi <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>l\u2019eventuale <span class=\"_ _f\"> </span>restituzi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle merci possono<span class=\"_ _0\"></span> essere sti<span class=\"_ _0\"></span>mati atte<span class=\"_ _0\"></span>ndibilmente, <span class=\"_ _0\"></span>e se la <span class=\"_ _0\"></span>direzione smett<span class=\"_ _0\"></span>e di es<span class=\"_ _0\"></span>ercitare il live<span class=\"_ _0\"></span>llo continuativo d<span class=\"_ _0\"></span>i attivit\u00e0 solit<span class=\"_ _0\"></span>amente assoc<span class=\"_ _0\"></span>iate con la<span class=\"_ _0\"></span> propriet\u00e0 de<span class=\"_ _0\"></span>lla merce v<span class=\"_ _0\"></span>enduta. Vendita di serv<span class=\"_ _0\"></span>izi I <span class=\"_ _0\"></span>ricav<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>prestaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vizi <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rilevati <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>allo <span class=\"_ _3\"></span>stato di avanzamento<span class=\"_ _0\"></span> della prestaz<span class=\"_ _0\"></span>ione alla data d<span class=\"_ _0\"></span>i riferimen<span class=\"_ _0\"></span>to del bilanci<span class=\"_ _0\"></span>o. Lo stato d<span class=\"_ _0\"></span>i avanzamento viene v<span class=\"_ _0\"></span>alutato sull<span class=\"_ _0\"></span>a base delle misur<span class=\"_ _0\"></span>azioni del <span class=\"_ _0\"></span>lavoro svolto.<span class=\"_ _0\"></span> Proventi e oner<span class=\"_ _0\"></span>i finanziari I <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>oventi <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>compr<span class=\"_ _0\"></span>endono <span class=\"_ _f\"> </span>gli <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>nteressi <span class=\"_ _f\"> </span>attivi <span class=\"_ _f\"> </span>sulla <span class=\"_ _f\"> </span>liquidit\u00e0 <span class=\"_ _f\"> </span>investita <span class=\"_ _f\"> </span>(comprese <span class=\"_ _f\"> </span>le attivit\u00e0 <span class=\"_\"> </span>finanziarie <span class=\"_\"> </span>disponibili <span class=\"_\"> </span>p<span class=\"_ _2\"></span>er <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>vendita), <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>divide<span class=\"_ _0\"></span>ndi <span class=\"_ _1\"> </span>attiv<span class=\"_ _0\"></span>i, <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>proventi <span class=\"_\"> </span>derivanti <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>alla vendita <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>strumenti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>copertura rilevati <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econ<span class=\"_ _0\"></span>omico. <span class=\"_ _14\"> </span>G<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _14\"> </span>attiv<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _14\"> </span>rilevat<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _14\"> </span>per<span class=\"_ _0\"></span> competenza <span class=\"_\"> </span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_\"> </span>il <span class=\"_\"> </span>metodo <span class=\"_\"> </span>dell\u2019inter<span class=\"_ _0\"></span>esse <span class=\"_\"> </span>effet<span class=\"_ _0\"></span>tivo. <span class=\"_\"> </span>I <span class=\"_\"> </span>dividendi <span class=\"_\"> </span>attivi <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_\"> </span>rilevati quando <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>tabilisce <span class=\"_ _1\"> </span>il <span class=\"_ _f\"> </span>diritto <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>Gruppo <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ricevere <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>pagament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>che, <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>titoli<span class=\"_ _0\"></span> quotati, corr<span class=\"_ _0\"></span>isponde alla d<span class=\"_ _0\"></span>ata di stacco c<span class=\"_ _0\"></span>edola. Gli <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _5\"></span>compre<span class=\"_ _0\"></span>ndono <span class=\"_ _5\"></span>gli <span class=\"_ _5\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _5\"></span>pass<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>sui <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _5\"></span>calcolat<span class=\"_ _0\"></span>i, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>rilasci<span class=\"_ _0\"></span>o dell\u2019attualizz<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fondi,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lue d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue rilevato a<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>o eco<span class=\"_ _0\"></span>nomico; le <span class=\"_ _0\"></span>perdite<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> attivit\u00e0<span class=\"_ _0\"></span> finanz<span class=\"_ _0\"></span>iarie s<span class=\"_ _0\"></span>ono ri<span class=\"_ _0\"></span>levati a<span class=\"_ _0\"></span> conto economico uti<span class=\"_ _0\"></span>lizzando il metodo <span class=\"_ _0\"></span>dell\u2019interesse <span class=\"_ _0\"></span>effettivo.<span class=\"_ _0\"></span> Dividendi I dividendi d<span class=\"_ _0\"></span>eliberati sono r<span class=\"_ _0\"></span>iconosc<span class=\"_ _0\"></span>iuti come d<span class=\"_ _0\"></span>ebito verso i soc<span class=\"_ _0\"></span>i al m<span class=\"_ _0\"></span>omento della <span class=\"_ _0\"></span>delibera di<span class=\"_ _0\"></span> distribuzione.<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>Inoltre,<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>ess<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>engono <span class=\"_ _9\"> </span>registrat<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>quando <span class=\"_ _9\"> </span>sorge <span class=\"_ _9\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>dirit<span class=\"_ _0\"></span>to <span class=\"_ _8\"> </span>all\u2019inc<span class=\"_ _0\"></span>asso <span class=\"_ _9\"> </span>che normalmente c<span class=\"_ _0\"></span>oincide con la de<span class=\"_ _0\"></span>libera ass<span class=\"_ _0\"></span>embleare di distribuz<span class=\"_ _0\"></span>ione dei divide<span class=\"_ _0\"></span>ndi. Conversione d<span class=\"_ _0\"></span>elle poste in <span class=\"_ _0\"></span>valuta estera Il <span class=\"_ _d\"></span>bilancio <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>pres<span class=\"_ _0\"></span>entato <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>Euro, <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>valuta <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>unzionale <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>presentazi<span class=\"_ _0\"></span>one adottata. Le <span class=\"_ _0\"></span>transaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>valuta <span class=\"_ _3\"></span>estera <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>rilev<span class=\"_ _0\"></span>ate, <span class=\"_ _0\"></span>iniz<span class=\"_ _0\"></span>ialmente, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>tass<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>cambio <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _3\"></span>all<span class=\"_ _2\"></span>a data dell\u2019oper<span class=\"_ _0\"></span>azione. Le differe<span class=\"_ _0\"></span>nze cambi<span class=\"_ _0\"></span>o realiz<span class=\"_ _0\"></span>zate nel c<span class=\"_ _0\"></span>orso del<span class=\"_ _0\"></span>l\u2019esercizio, <span class=\"_ _0\"></span>in occas<span class=\"_ _0\"></span>ione del<span class=\"_ _0\"></span>l\u2019incasso <span class=\"_ _0\"></span>dei cred<span class=\"_ _0\"></span>iti e del pagamen<span class=\"_ _0\"></span>to dei debiti i<span class=\"_ _0\"></span>n valuta estera, s<span class=\"_ _0\"></span>ono iscritte <span class=\"_ _0\"></span>a conto econo<span class=\"_ _0\"></span>mico. Alla <span class=\"_ _0\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _3\"></span>dell\u2019esercizio, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>monetarie <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nominate <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>valut<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>estera, sono riconvert<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>nella valut<span class=\"_ _0\"></span>a funziona<span class=\"_ _0\"></span>le di <span class=\"_ _0\"></span>riferimento <span class=\"_ _0\"></span>al tass<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i cambio <span class=\"_ _0\"></span>in es<span class=\"_ _0\"></span>sere alla <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a di <span class=\"_\"> </span>chiusura <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_\"> </span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_\"> </span>registran<span class=\"_ _0\"></span>do <span class=\"_\"> </span>a <span class=\"_\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_\"> </span>econo<span class=\"_ _0\"></span>mico <span class=\"_\"> </span>l\u2019eventua<span class=\"_ _0\"></span>le <span class=\"_\"> </span>differenz<span class=\"_ _0\"></span>a <span class=\"_\"> </span>cambio<span class=\"_ _0\"></span> rilevata. Le <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>monetarie, <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utate <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>torico <span class=\"_ _3\"></span>in v<span class=\"_ _0\"></span>aluta <span class=\"_ _0\"></span>estera, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>convert<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>usando <span class=\"_ _3\"></span>i tassi <span class=\"_ _5\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ambio <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>vigore <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>iniziale <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ilevazione <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>ansazione.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Le <span class=\"_ _e\"> </span>poste <span class=\"_ _5\"> </span>no<span class=\"_ _0\"></span>n monetarie <span class=\"_ _3\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>equo <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>valuta <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tera <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>convertite <span class=\"_ _0\"></span>usando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>io alla data di <span class=\"_ _0\"></span>determinazione <span class=\"_ _0\"></span>di tale valore.<span class=\"_ _0\"></span> Attivit\u00e0 e passivi<span class=\"_ _0\"></span>t\u00e0 finanziar<span class=\"_ _0\"></span>ie Al <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>omento<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ua <span class=\"_ _e\"> </span>rilevaz<span class=\"_ _0\"></span>ione <span class=\"_ _e\"> </span>iniziale, <span class=\"_ _e\"> </span>un\u2019attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanziaria <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>rientra<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>nel<span class=\"_ _0\"></span>l\u2019ambito <span class=\"_ _e\"> </span>di applicazione <span class=\"_ _d\"></span>dell\u2019IFRS <span class=\"_ _d\"></span>9 <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>classificat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>una <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>seguenti <span class=\"_ _d\"></span>tre <span class=\"_ _3\"></span>cat<span class=\"_ _0\"></span>egorie <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>sua<span class=\"_ _0\"></span> valutazione:<span class=\"_ _0\"></span> 1. <span class=\"_ _6a\"> </span>attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie valutat<span class=\"_ _0\"></span>e al costo am<span class=\"_ _0\"></span>mortizzato;<span class=\"_ _0\"></span> 2. <span class=\"_ _6a\"> </span>attivit\u00e0 <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ie <span class=\"_ _b\"> </span>va<span class=\"_ _0\"></span>lutate <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _14\"> </span>rilevato <span class=\"_ _14\"> </span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _b\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omponenti <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>conto<span class=\"_ _0\"></span> economico compl<span class=\"_ _0\"></span>essivo (F<span class=\"_ _0\"></span>VOCI); 3. <span class=\"_ _6a\"> </span>attivit\u00e0 <span class=\"_ _11\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _11\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_ _13\"> </span>al <span class=\"_ _11\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _11\"> </span>value <span class=\"_ _11\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _13\"> </span>nell\u2019utile/(perdita) <span class=\"_ _13\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio (FVTPL). La <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificazione <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>atti<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>tre<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>categ<span class=\"_ _0\"></span>orie <span class=\"_ _d\"></span>sud<span class=\"_ _0\"></span>dette <span class=\"_ _5\"></span>dip<span class=\"_ _0\"></span>ende <span class=\"_ _d\"></span>dal<span class=\"_ _0\"></span> modello <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>busines<span class=\"_ _0\"></span>s <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _9\"> </span>Societ\u00e0 <span class=\"_ _9\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>delle <span class=\"_ _10\"> </span>attivit\u00e0 <span class=\"_ _8\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _10\"> </span>e <span class=\"_ _8\"> </span>dal<span class=\"_ _0\"></span>le caratteristiche d<span class=\"_ _0\"></span>ei flussi finanz<span class=\"_ _0\"></span>iari contrattua<span class=\"_ _0\"></span>li dell\u2019attivi<span class=\"_ _0\"></span>t\u00e0 finanziaria.<span class=\"_ _0\"></span> Le <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziarie <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>riclas<span class=\"_ _0\"></span>sificate <span class=\"_ _d\"></span>successivamen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>loro <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevazione <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>niziale,<span class=\"_ _0\"></span> salvo <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>modific<span class=\"_ _0\"></span>hi <span class=\"_ _5\"></span>il <span class=\"_ _e\"> </span>proprio <span class=\"_ _e\"> </span>modello <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>business <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _e\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 finanziarie. <span class=\"_ _f\"> </span>In <span class=\"_ _f\"> </span>tal <span class=\"_ _f\"> </span>caso,<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>tutte <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _f\"> </span>finanziarie <span class=\"_ _f\"> </span>int<span class=\"_ _0\"></span>eressate <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>ricl<span class=\"_ _0\"></span>assificate <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>prim<span class=\"_ _0\"></span>o giorno del prim<span class=\"_ _0\"></span>o esercizio s<span class=\"_ _0\"></span>uccessivo alla m<span class=\"_ _0\"></span>odifica del m<span class=\"_ _0\"></span>odello di busin<span class=\"_ _0\"></span>ess. 1. Attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie valutat<span class=\"_ _0\"></span>e al costo a<span class=\"_ _0\"></span>mmortizzato In <span class=\"_ _d\"></span>questa <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _5\"></span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificate <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>stite <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>base <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>model<span class=\"_ _0\"></span>lo <span class=\"_ _d\"></span>di business <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>cui <span class=\"_ _5\"></span>ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>poss<span class=\"_ _0\"></span>esso <span class=\"_ _d\"></span>dell\u2019<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _d\"></span>fi<span class=\"_ _0\"></span>nanziaria <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>fine <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>ncassare<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _5\"></span>di cassa <span class=\"_ _1\"> </span>contrattual<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>siano <span class=\"_ _1\"> </span>rappresentat<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>esclusiva<span class=\"_ _0\"></span>mente <span class=\"_ _1\"> </span>da <span class=\"_ _1\"> </span>pagamenti <span class=\"_ _1\"> </span>del <span class=\"_\"> </span>capitale <span class=\"_ _f\"> </span>e degli interessi matur<span class=\"_ _0\"></span>ati sul <span class=\"_ _0\"></span>capitale. Tali <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>valutate <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>costo <span class=\"_ _5\"></span>ammortizzato,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>tasso <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>ef<span class=\"_ _0\"></span>fettivo. Gli <span class=\"_ _f\"> </span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>tale<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>misuraz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _f\"> </span>rilevat<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>conto <span class=\"_ _1\"> </span>economico<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>tra <span class=\"_ _1\"> </span>i <span class=\"_ _f\"> </span>prove<span class=\"_ _0\"></span>nti <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>neri finanziari. <span class=\"_ _3\"></span>Tali <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>inoltre <span class=\"_ _3\"></span>soggette <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>modello<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mpairment <span class=\"_ _3\"></span>desc<span class=\"_ _0\"></span>ritto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>paragrafo Crediti iscritti n<span class=\"_ _0\"></span>ell\u2019attivo c<span class=\"_ _0\"></span>orrente (attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie non<span class=\"_ _0\"></span> derivate)<span class=\"ff3\">.<span class=\"_ _0\"></span> </span>2. <span class=\"_ _8\"> </span>Attivit\u00e0 <span class=\"_ _8\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _9\"> </span>valutate <span class=\"_ _8\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>fair <span class=\"_ _8\"> </span>va<span class=\"_ _0\"></span>lue <span class=\"_ _8\"> </span>rilevat<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>nelle <span class=\"_ _9\"> </span>altre <span class=\"_ _8\"> </span>compone<span class=\"_ _0\"></span>nti <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>conto economico compl<span class=\"_ _0\"></span>essivo (F<span class=\"_ _0\"></span>VOCI)<span class=\"_ _0\"></span> In <span class=\"_ _d\"></span>questa <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _5\"></span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificate <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>stite <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>base <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>model<span class=\"_ _0\"></span>lo <span class=\"_ _d\"></span>di business <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>biettivo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>raggiunto <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>l\u2019incas<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratt<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> la <span class=\"_ _3\"></span>vendita <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>flus<span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>assa <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>esclusivament<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>da pagamenti <span class=\"_ _11\"> </span>del <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>apitale <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>degli <span class=\"_ _11\"> </span>interess<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>maturat<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>ul <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>apitale. <span class=\"_ _11\"> </span>Come <span class=\"_ _11\"> </span>la <span class=\"_ _10\"> </span>categ<span class=\"_ _0\"></span>oria precedente, <span class=\"_ _1\"> </span>anche <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>finanzi<span class=\"_ _0\"></span>arie <span class=\"_ _f\"> </span>valutate <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>FVOCI <span class=\"_ _1\"> </span>sono <span class=\"_ _f\"> </span>sogg<span class=\"_ _0\"></span>ette <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>odello <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> impairment <span class=\"_ _5\"></span>descritto<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>paragrafo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span><span class=\"ff4\">Cred<span class=\"_ _0\"></span>iti <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ell\u2019attivo <span class=\"_ _5\"></span>corrente <span class=\"_ _5\"></span>(attivit\u00e0 <span class=\"_ _5\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n </span>derivate)<span class=\"ff3\">. </span>Tali <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>valutate <span class=\"_ _f\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _e\"> </span>value <span class=\"_ _e\"> </span>e <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>eventuali <span class=\"_ _e\"> </span>variazioni <span class=\"_ _f\"> </span>successive <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>fair <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lue vengono rilevat<span class=\"_ _0\"></span>e nelle altre c<span class=\"_ _0\"></span>omponenti di c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico complessivo.<span class=\"_ _0\"></span> 3. Attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie valutat<span class=\"_ _0\"></span>e al fair value ri<span class=\"_ _0\"></span>levato nell\u2019ut<span class=\"_ _0\"></span>ile/(perdita) <span class=\"_ _0\"></span>dell\u2019esercizio (<span class=\"_ _0\"></span>FVTPL) Sono classificate<span class=\"_ _0\"></span> in questa <span class=\"_ _0\"></span>categoria le a<span class=\"_ _0\"></span>ttivit\u00e0 finanz<span class=\"_ _0\"></span>iarie che:  (i) <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>uno <span class=\"_ _f\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>capita<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>sod<span class=\"_ _0\"></span>disfa <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>cl<span class=\"_ _0\"></span>assificazione <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>osto ammortizzato e a<span class=\"_ _0\"></span>l FVOCI; <span class=\"_ _0\"></span> (ii) <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>una<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>partec<span class=\"_ _0\"></span>ipazione <span class=\"_ _5\"></span>in <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>capit<span class=\"_ _0\"></span>ale <span class=\"_ _d\"></span>che <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>sua<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevazion<span class=\"_ _0\"></span>e iniziale al FVOC<span class=\"_ _0\"></span>I;  (iii) <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>uno<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>deb<span class=\"_ _0\"></span>ito <span class=\"_ _a\"> </span>che, <span class=\"_ _a\"> </span>alla <span class=\"_ _b\"> </span>rilevazion<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>iniziale, <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _b\"> </span>stato <span class=\"_ _b\"> </span>irrevocabilmente<span class=\"_ _0\"></span> designato al FVT<span class=\"_ _0\"></span>PL (fair va<span class=\"_ _0\"></span>lue option \u201cF<span class=\"_ _0\"></span>VO\u201d). Tali <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>misurate<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>le <span class=\"_ _5\"> </span>ev<span class=\"_ _0\"></span>entuali <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ariazioni <span class=\"_ _e\"> </span>successive <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>fair <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alue vengono <span class=\"_\"> </span>rilevate <span class=\"_\"> </span>a <span class=\"_\"> </span>conto <span class=\"_\"> </span>economico <span class=\"_\"> </span>tra <span class=\"_\"> </span>i <span class=\"_\"> </span>proventi <span class=\"_\"> </span>e <span class=\"_\"> </span>gli <span class=\"_\"> </span>oneri <span class=\"_\"> </span>finanziari. <span class=\"_\"> </span>Come <span class=\"_\"> </span>per <span class=\"_\"> </span>le categorie <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ecedenti, <span class=\"_ _a\"> </span>anche <span class=\"_\"> </span>le <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_\"> </span>al <span class=\"_\"> </span>F<span class=\"_ _0\"></span>VTPL <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_\"> </span>s<span class=\"_ _0\"></span>oggette <span class=\"_ _a\"> </span>al modello <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>impairment <span class=\"_ _a\"> </span>descritto <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>paragr<span class=\"_ _0\"></span>afo <span class=\"_ _a\"> </span><span class=\"ff4\">Crediti <span class=\"_ _a\"> </span>iscritti <span class=\"_ _a\"> </span>nell\u2019attivo <span class=\"_ _a\"> </span>corrente <span class=\"_ _a\"> </span>(attivit\u00e0 </span>finanziarie n<span class=\"_ _0\"></span>on derivate)<span class=\"ff3\">.<span class=\"_ _0\"></span> </span>Gli <span class=\"_ _3\"></span>strument<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>deriva<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>vengono <span class=\"_ _d\"></span>inclusi <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>ques<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>categor<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>men<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>iano <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignati come strument<span class=\"_ _0\"></span>i copertura (<span class=\"_ _0\"></span>hedge instrume<span class=\"_ _0\"></span>nts). Le <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificate <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>valutate <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>FVTPL<span class=\"_ _0\"></span>. Una <span class=\"_ _10\"> </span>passivit\u00e0 <span class=\"_ _11\"> </span>finanziaria <span class=\"_ _10\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _10\"> </span>classific<span class=\"_ _0\"></span>ata <span class=\"_ _10\"> </span>al <span class=\"_ _10\"> </span>FVT<span class=\"_ _0\"></span>PL <span class=\"_ _10\"> </span>quando <span class=\"_ _10\"> </span>\u00e8 <span class=\"_ _11\"> </span>posseduta <span class=\"_ _10\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>la negoziazione, <span class=\"_ _9\"> </span>rappresenta<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>un <span class=\"_ _8\"> </span>derivato <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _8\"> </span>des<span class=\"_ _0\"></span>ignata <span class=\"_ _8\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _8\"> </span>ta<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>momento <span class=\"_ _9\"> </span>della rilevazione iniziale.<span class=\"_ _0\"></span> Le <span class=\"_\"> </span>attivit\u00e0 <span class=\"_\"> </span>e <span class=\"_\"> </span>le <span class=\"_\"> </span>passivit\u00e0 <span class=\"_\"> </span>finanziarie <span class=\"_\"> </span>dete<span class=\"_ _0\"></span>nute <span class=\"_\"> </span>dal <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>consistono <span class=\"_\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_\"> </span>in disponibilit\u00e0 <span class=\"_ _3\"></span>liquide <span class=\"_ _3\"></span>(cassa <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>depositi <span class=\"_ _3\"></span>bancari),<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>commerciali, <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>bancari <span class=\"_ _3\"></span>e altre passivit<span class=\"_ _0\"></span>\u00e0 finanziarie, a<span class=\"_ _0\"></span>ltre attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie corr<span class=\"_ _0\"></span>enti e non corr<span class=\"_ _0\"></span>enti. Gli <span class=\"_\"> </span>amminis<span class=\"_ _0\"></span>tratori <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _a\"> </span>hanno <span class=\"_\"> </span>rivisto <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>valutat<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _a\"> </span>del Gruppo <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _0\"></span>di I<span class=\"_ _0\"></span>FRS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>(1 <span class=\"_ _0\"></span>gennaio <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>018) s<span class=\"_ _0\"></span>ulla ba<span class=\"_ _0\"></span>se de<span class=\"_ _0\"></span>i fatti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>delle <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ircostanze <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>essere <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>tale <span class=\"_ _5\"></span>data <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>concl<span class=\"_ _0\"></span>uso <span class=\"_ _5\"></span>che <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"></span>finanziarie<span class=\"_ _0\"></span> classificate <span class=\"_ _5\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>crediti <span class=\"_ _5\"></span> <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>allo <span class=\"_ _5\"></span>IAS <span class=\"_ _5\"></span>39<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>erano <span class=\"_ _5\"></span>valut<span class=\"_ _0\"></span>ate <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>osto ammortizzato <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontinua<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>d <span class=\"_ _5\"></span>essere <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_ _e\"> </span>al <span class=\"_ _5\"></span>costo <span class=\"_ _e\"> </span>ammortizzato <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>all\u2019IF<span class=\"_ _0\"></span>RS <span class=\"_ _5\"></span>9 <span class=\"_ _e\"> </span>in quanto <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>ge<span class=\"_ _2\"></span>stite <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>un <span class=\"_ _a\"> </span>modello <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>b<span class=\"_ _0\"></span>usiness <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>obiettivo <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>possesso dell\u2019attivit\u00e0 <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>inanziaria <span class=\"_ _10\"> </span>al <span class=\"_ _11\"> </span>fine <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>incass<span class=\"_ _0\"></span>are <span class=\"_ _10\"> </span>i <span class=\"_ _10\"> </span>flussi <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>cas<span class=\"_ _0\"></span>sa <span class=\"_ _10\"> </span>contrattua<span class=\"_ _0\"></span>li <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>siano<span class=\"_ _0\"></span> rappresentati <span class=\"_ _a\"> </span>esclusivamente <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>pagamenti <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _a\"> </span>interessi <span class=\"_ _a\"> </span>maturati <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span> capitale. Determinazion<span class=\"_ _0\"></span>e del fair val<span class=\"_ _0\"></span>ue L\u2019IFRS <span class=\"_ _1\"> </span>13 <span class=\"_\"> </span>definisce <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>me <span class=\"_\"> </span>il <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>ezzo <span class=\"_\"> </span>che <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>percepire<span class=\"_ _0\"></span>bbe <span class=\"_ _1\"> </span>per <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>vendita <span class=\"_ _1\"> </span>di<span class=\"_ _0\"></span> un\u2019attivit\u00e0 <span class=\"_ _5\"></span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _5\"></span>che <span class=\"_ _e\"> </span>si <span class=\"_ _5\"></span>pagher<span class=\"_ _0\"></span>ebbe <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>trasf<span class=\"_ _0\"></span>erimento <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _5\"></span>in <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>rego<span class=\"_ _0\"></span>lare operazione tra o<span class=\"_ _0\"></span>peratori di m<span class=\"_ _0\"></span>ercato alla d<span class=\"_ _0\"></span>ata di valutaz<span class=\"_ _0\"></span>ione.  L\u2019IFRS <span class=\"_ _a\"> </span>13 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>tabilisce<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>una <span class=\"_ _a\"> </span>gerarch<span class=\"_ _0\"></span>ia <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>cl<span class=\"_ _0\"></span>assifica <span class=\"_ _b\"> </span>in <span class=\"_ _a\"> </span>livelli <span class=\"_ _b\"> </span>gli <span class=\"_ _a\"> </span>input <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>tecniche <span class=\"_ _b\"> </span>di valutazione <span class=\"_ _3\"></span>adottat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>surare <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value. <span class=\"_ _0\"></span>I <span class=\"_ _3\"></span>livell<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evisti, <span class=\"_ _3\"></span>esposti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ordine <span class=\"_ _3\"></span>gerarchico,<span class=\"_ _0\"></span> sono i seguent<span class=\"_ _0\"></span>i: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello <span class=\"_ _d\"></span>1: <span class=\"_ _d\"></span>quotazi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _d\"></span>su <span class=\"_ _3\"></span>un <span class=\"_ _d\"></span>mercato <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivo <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>attivit\u00e0 <span class=\"_ _d\"></span>o <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _d\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>di </span>valutazione;<span class=\"_ _0\"></span> \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello <span class=\"_ _d6\"> </span>2: <span class=\"_ _12\"> </span>tecniche <span class=\"_ _12\"> </span>valutative <span class=\"_ _12\"> </span>basat<span class=\"_ _0\"></span>e <span class=\"_ _12\"> </span>su <span class=\"_ _12\"> </span>dati <span class=\"_ _12\"> </span>di <span class=\"_ _12\"> </span>mercato <span class=\"_ _12\"> </span>d<span class=\"_ _0\"></span>irettamente <span class=\"_ _d6\"> </span>o </span>indirettamente <span class=\"_ _0\"></span>osservabili; \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello 3:<span class=\"_ _0\"></span> tecnich<span class=\"_ _0\"></span>e valutative<span class=\"_ _0\"></span> non basate s<span class=\"_ _0\"></span>u dati di merc<span class=\"_ _0\"></span>ato osservab<span class=\"_ _0\"></span>ili. </span>Cancellazion<span class=\"_ _0\"></span>e di attivit\u00e0 e <span class=\"_ _0\"></span>passivit\u00e0 fina<span class=\"_ _0\"></span>nziarie Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _0\"></span>(o, <span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>applicab<span class=\"_ _0\"></span>ile, <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziaria <span class=\"_ _3\"></span>o parte <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>grupp<span class=\"_ _0\"></span>o di attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie simili) <span class=\"_ _0\"></span>viene cancellat<span class=\"_ _0\"></span>a dal bilanci<span class=\"_ _0\"></span>o quando: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>i d<span class=\"_ _0\"></span>iritti a ricev<span class=\"_ _0\"></span>ere flussi fina<span class=\"_ _0\"></span>nziari dall\u2019attivit\u00e0<span class=\"_ _0\"></span> sono estinti;<span class=\"_ _0\"></span> </span>\uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>la <span class=\"_ _5\"></span>societ\u00e0 <span class=\"_ _5\"></span>conserva <span class=\"_ _5\"> </span>il <span class=\"_ _5\"></span>diritto <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>icevere <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>ll\u2019attivit\u00e0, <span class=\"_ _5\"></span>ma <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>as<span class=\"_ _0\"></span>sunto </span>l\u2019obbligo contrattu<span class=\"_ _0\"></span>ale di c<span class=\"_ _0\"></span>orrisponderli intera<span class=\"_ _0\"></span>mente e se<span class=\"_ _0\"></span>nza ritardi a<span class=\"_ _0\"></span> una terza parte<span class=\"_ _0\"></span>; \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>la <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0<span class=\"_ _0\"></span> <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>trasferito <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>diritto <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>ricevere <span class=\"_ _a\"> </span>flussi <span class=\"_\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_\"> </span>d<span class=\"_ _0\"></span>all\u2019attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>(i) <span class=\"_ _a\"> </span>ha </span>trasferito <span class=\"_ _10\"> </span>sos<span class=\"_ _0\"></span>tanzialmente<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>tutti <span class=\"_ _10\"> </span>i <span class=\"_ _11\"> </span>risch<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>e <span class=\"_ _10\"> </span>ben<span class=\"_ _0\"></span>efici <span class=\"_ _11\"> </span>della <span class=\"_ _10\"> </span>propr<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _10\"> </span>dell\u2019<span class=\"_ _0\"></span>attivit\u00e0 finanziaria <span class=\"_ _3\"></span>oppure <span class=\"_ _3\"></span>(ii) <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>n\u00e9 <span class=\"_ _3\"></span>trattenuto <span class=\"_ _3\"></span>sos<span class=\"_ _0\"></span>tanzialmente <span class=\"_ _3\"></span>tutti <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>e benefici dell\u2019att<span class=\"_ _0\"></span>ivit\u00e0, ma ha <span class=\"_ _0\"></span>trasferito il<span class=\"_ _0\"></span> controllo de<span class=\"_ _0\"></span>lla stess<span class=\"_ _0\"></span>a. Nei <span class=\"_ _d\"></span>casi <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>societ\u00e0 <span class=\"_ _5\"></span>abbia <span class=\"_ _5\"></span>trasferito <span class=\"_ _5\"></span>i <span class=\"_ _5\"></span>diritti <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>rice<span class=\"_ _0\"></span>vere <span class=\"_ _d\"></span>fluss<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>fina<span class=\"_ _0\"></span>nziari <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>un\u2019<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _d\"></span>e non <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>bbia <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>asferito <span class=\"_ _e\"> </span>n\u00e9 <span class=\"_ _e\"> </span>trattenuto <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ostanz<span class=\"_ _0\"></span>ialmente <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _5\"></span>rischi <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>benefici <span class=\"_ _5\"> </span>o <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>abbia perso <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollo <span class=\"_ _3\"></span>sulla <span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span>sa, <span class=\"_ _0\"></span>l\u2019att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>viene <span class=\"_ _3\"></span>rilevata <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>societ\u00e0,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>misura<span class=\"_ _0\"></span> del suo coinvolgi<span class=\"_ _0\"></span>mento resi<span class=\"_ _0\"></span>duo dell\u2019attivit\u00e0 stes<span class=\"_ _0\"></span>sa. Una <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziaria <span class=\"_ _a\"> </span>viene <span class=\"_ _a\"> </span>can<span class=\"_ _2\"></span>cellat<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>dal <span class=\"_\"> </span>bilan<span class=\"_ _0\"></span>cio <span class=\"_ _a\"> </span>quando <span class=\"_\"> </span>l<span class=\"_ _0\"></span>\u2019obbligo <span class=\"_ _a\"> </span>sottostante <span class=\"_ _a\"> </span>la passivit\u00e0 \u00e8 est<span class=\"_ _0\"></span>into, o ann<span class=\"_ _0\"></span>ullato o ad<span class=\"_ _0\"></span>empiuto. Nei <span class=\"_\"> </span>casi <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>cui <span class=\"_\"> </span>una <span class=\"_\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>finanziaria <span class=\"_\"> </span>esistente <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>sostituita <span class=\"_\"> </span>da <span class=\"_\"> </span>un\u2019altra <span class=\"_\"> </span>dello <span class=\"_\"> </span>stesso prestatore, <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>condizioni <span class=\"_\"> </span>sostanzialmente <span class=\"_\"> </span>diverse, <span class=\"_ _1\"> </span>oppure<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>cond<span class=\"_ _0\"></span>izioni <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>u<span class=\"_ _0\"></span>na <span class=\"_\"> </span>passivit\u00e0 esistente <span class=\"_ _0\"></span>vengono <span class=\"_ _0\"></span>sostanzi<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>modificate, <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>scamb<span class=\"_ _0\"></span>io o <span class=\"_ _0\"></span>modifica <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>trattata <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me una cance<span class=\"_ _0\"></span>llazione c<span class=\"_ _0\"></span>ontabile <span class=\"_ _0\"></span>della passivi<span class=\"_ _0\"></span>t\u00e0 origina<span class=\"_ _0\"></span>le e <span class=\"_ _0\"></span>la rilevazione <span class=\"_ _0\"></span>di una <span class=\"_ _0\"></span>nuova <span class=\"_ _0\"></span>passivit\u00e0, con iscrizione a<span class=\"_ _0\"></span> conto econ<span class=\"_ _0\"></span>omico di eventua<span class=\"_ _0\"></span>li differenz<span class=\"_ _0\"></span>e tra i valori c<span class=\"_ _0\"></span>ontabili. Strumenti derivat<span class=\"_ _0\"></span>i e contab<span class=\"_ _0\"></span>ilizzazione d<span class=\"_ _0\"></span>elle operazion<span class=\"_ _0\"></span>i di copertura<span class=\"_ _0\"></span> Come previsto <span class=\"_ _0\"></span>dall\u2019IFRS 9, <span class=\"_ _0\"></span>tutti gli strument<span class=\"_ _0\"></span>i finanziari<span class=\"_ _0\"></span> derivati son<span class=\"_ _0\"></span>o valutati a<span class=\"_ _0\"></span>l fair value. Uno strumento <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nziario d<span class=\"_ _0\"></span>erivato pu\u00f2 <span class=\"_ _0\"></span>essere ac<span class=\"_ _0\"></span>quistato <span class=\"_ _0\"></span>con finalit\u00e0 <span class=\"_ _0\"></span>di ne<span class=\"_ _0\"></span>goziazione <span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span> finalit\u00e0 di coper<span class=\"_ _0\"></span>tura.  Gli <span class=\"_\"> </span>strumenti<span class=\"_ _0\"></span> <span class=\"_\"> </span>derivati <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>quistati <span class=\"_\"> </span>con <span class=\"_ _a\"> </span>finalit\u00e0 <span class=\"_\"> </span>di <span class=\"_\"> </span>co<span class=\"_ _0\"></span>pertura <span class=\"_ _a\"> </span>possono <span class=\"_\"> </span>essere <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ati secondo <span class=\"_ _11\"> </span>le <span class=\"_ _10\"> </span>mo<span class=\"_ _0\"></span>dalit\u00e0 <span class=\"_ _11\"> </span>dell\u2019hedge <span class=\"_ _11\"> </span>accounting, <span class=\"_ _11\"> </span>che <span class=\"_ _11\"> </span>compens<span class=\"_ _0\"></span>a <span class=\"_ _10\"> </span>la <span class=\"_ _11\"> </span>rilevazi<span class=\"_ _0\"></span>one <span class=\"_ _10\"> </span>a <span class=\"_ _11\"> </span>conto<span class=\"_ _0\"></span> economico dei der<span class=\"_ _0\"></span>ivati con <span class=\"_ _0\"></span>quella delle p<span class=\"_ _0\"></span>oste coperte, <span class=\"_ _0\"></span>solo quando: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>gli <span class=\"_ _3e\"> </span>elementi <span class=\"_ _3e\"> </span>copert<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>e <span class=\"_ _3e\"> </span>gli <span class=\"_ _13\"> </span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>copertura <span class=\"_ _3e\"> </span>soddisfano <span class=\"_ _3e\"> </span>i <span class=\"_ _3e\"> </span>requisiti <span class=\"_ _3e\"> </span>di </span>ammissibilit\u00e0;  \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>all'<span class=\"_ _0\"></span>inizio <span class=\"_\"> </span>della <span class=\"_\"> </span>relazion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>di <span class=\"_\"> </span>copertura <span class=\"_\"> </span>vi <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>una <span class=\"_\"> </span>designazi<span class=\"_ _0\"></span>one <span class=\"_\"> </span>e <span class=\"_\"> </span>documentazi<span class=\"_ _0\"></span>one </span>formale della re<span class=\"_ _0\"></span>lazione d<span class=\"_ _0\"></span>i copertura; \uf0b7larelazione <span class=\"_ _1\"> </span>di copertura <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>efficacesullabase <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>valutazione <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>relazioneeconomica es<span class=\"_ _0\"></span>istente tra ele<span class=\"_ _0\"></span>mento copert<span class=\"_ _0\"></span>o e strument<span class=\"_ _0\"></span>o di copertura.<span class=\"_ _0\"></span> Ai <span class=\"_ _3\"></span>fini <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>ilizzazione, <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>op<span class=\"_ _0\"></span>erazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>copertur<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classific<span class=\"_ _0\"></span>ate <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>\u201ccopertur<span class=\"_ _0\"></span>e del <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value\u201d <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>fronte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>variazione <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>merc<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>dell\u2019attiv<span class=\"_ _0\"></span>it\u00e0 sottostante, <span class=\"_ _f\"> </span>oppure <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>\u201c<span class=\"_ _0\"></span>coperture <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>flus<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iari\u201d <span class=\"_ _e\"> </span>se <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>fronte <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di variabilit\u00e0 <span class=\"_ _a\"> </span>n<span class=\"_ _0\"></span>ei <span class=\"_ _a\"> </span>flussi <span class=\"_ _b\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _a\"> </span>derivanti <span class=\"_ _b\"> </span>sia <span class=\"_ _a\"> </span>da <span class=\"_ _b\"> </span>un\u2019es<span class=\"_ _0\"></span>istente <span class=\"_ _a\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _a\"> </span>o <span class=\"_ _b\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>sia <span class=\"_ _b\"> </span>da<span class=\"_ _0\"></span> un\u2019operazion<span class=\"_ _0\"></span>e futura. Per <span class=\"_ _d\"></span>quanto <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iguarda <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _d\"></span>value, <span class=\"_ _5\"></span>gli <span class=\"_ _d\"></span>utili <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>perdite <span class=\"_ _d\"></span>derivant<span class=\"_ _0\"></span>i dalla <span class=\"_ _b\"> </span>rideterminaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>fair <span class=\"_ _b\"> </span>value <span class=\"_ _b\"> </span>de<span class=\"_ _0\"></span>llo <span class=\"_ _b\"> </span>str<span class=\"_ _0\"></span>umento <span class=\"_ _b\"> </span>deriva<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>imputati <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>conto economico tra <span class=\"_ _0\"></span>i proventi e gli<span class=\"_ _0\"></span> oneri finanziar<span class=\"_ _0\"></span>i. Per <span class=\"_ _5\"></span>quanto<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>riguard<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>o<span class=\"_ _0\"></span>perazion<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"></span>flussi <span class=\"_ _e\"> </span>finanziari, <span class=\"_ _5\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>perdite <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> valutazione <span class=\"_\"> </span>dello <span class=\"_ _1\"> </span>strumento <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>copertura <span class=\"_\"> </span>sono <span class=\"_ _1\"> </span>rilevati <span class=\"_\"> </span>nelle <span class=\"_ _1\"> </span>altre <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>ponenti <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>conto economico <span class=\"_ _1\"> </span>complessivo<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>arte <span class=\"_ _1\"> </span>efficace, <span class=\"_ _1\"> </span>mentre <span class=\"_ _1\"> </span>l\u2019eventuale <span class=\"_ _1\"> </span>porz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_ _1\"> </span>efficace viene rilevata im<span class=\"_ _0\"></span>mediatame<span class=\"_ _0\"></span>nte nell\u2019utile/(perdi<span class=\"_ _0\"></span>ta) dell\u2019eser<span class=\"_ _0\"></span>cizio. Gli <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>valutazione <span class=\"_ _3\"></span>correlati <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>derivat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>acquista<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>finalit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>negoz<span class=\"_ _0\"></span>iazione sono imputati a c<span class=\"_ _0\"></span>onto econ<span class=\"_ _0\"></span>omico tra i prov<span class=\"_ _0\"></span>enti e gli on<span class=\"_ _0\"></span>eri finanziari.  <span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>utilizza <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>strumenti <span class=\"_ _3\"></span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _3\"></span>derivati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>coprire <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>propria <span class=\"_ _3\"></span>esposiz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>rischi di cambio che,<span class=\"_ _0\"></span> tuttavia, no<span class=\"_ _0\"></span>n sono qua<span class=\"_ _0\"></span>lificati di copert<span class=\"_ _0\"></span>ura. Principali <span class=\"_ _b\"> </span>scelte <span class=\"_ _b\"> </span>valutative<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>nell\u2019applicazione <span class=\"_ _b\"> </span>dei <span class=\"_ _b\"> </span>principi <span class=\"_ _b\"> </span>contabi<span class=\"_ _0\"></span>li <span class=\"_ _b\"> </span>e <span class=\"_ _a\"> </span>f<span class=\"_ _0\"></span>onti <span class=\"_ _a\"> </span>di <span class=\"_ _14\"> </span>incertezze nell\u2019effettuazione<span class=\"_ _0\"></span> delle sti<span class=\"_ _0\"></span>me  La <span class=\"_ _0\"></span>redazione <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>ancio <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>relative<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>note <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>applic<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>degl<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>IFRS <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ichiede,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>da <span class=\"_ _3\"></span>parte della d<span class=\"_ _0\"></span>irezione <span class=\"_ _0\"></span>l\u2019effettu<span class=\"_ _0\"></span>azione di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utazioni <span class=\"_ _0\"></span>discrez<span class=\"_ _0\"></span>ionali <span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>time c<span class=\"_ _0\"></span>ontabili <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>hanno <span class=\"_ _0\"></span>effetto<span class=\"_ _0\"></span> sui <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>delle <span class=\"_ _5\"></span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>passivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>sull\u2019informativa <span class=\"_ _5\"> </span>di <span class=\"_ _5\"> </span>bilanc<span class=\"_ _0\"></span>io. <span class=\"_ _5\"></span>Tali <span class=\"_ _d\"></span>stime sono basate su<span class=\"_ _0\"></span>ll\u2019esperienza e s<span class=\"_ _0\"></span>u altri fattor<span class=\"_ _0\"></span>i considera<span class=\"_ _0\"></span>ti rilevanti.  I risultati che si c<span class=\"_ _0\"></span>onsuntiveranno<span class=\"_ _0\"></span> potranno, p<span class=\"_ _0\"></span>ertanto, di<span class=\"_ _0\"></span>fferire da tal<span class=\"_ _0\"></span>i stime. Le <span class=\"_ _b\"> </span>aree <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>maggiore <span class=\"_ _14\"> </span>incert<span class=\"_ _0\"></span>ezza <span class=\"_ _b\"> </span>nella <span class=\"_ _14\"> </span>formulaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>stim<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>va<span class=\"_ _0\"></span>lutazioni <span class=\"_ _b\"> </span>dur<span class=\"_ _0\"></span>ante <span class=\"_ _b\"> </span>il<span class=\"_ _0\"></span> processo di ap<span class=\"_ _0\"></span>plicazione<span class=\"_ _0\"></span> degli IFRS ch<span class=\"_ _0\"></span>e hanno <span class=\"_ _0\"></span>un effett<span class=\"_ _0\"></span>o significativo<span class=\"_ _0\"></span> sugli im<span class=\"_ _0\"></span>porti rilevat<span class=\"_ _0\"></span>i a bilancio riguard<span class=\"_ _0\"></span>ano:  \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischi su c<span class=\"_ _0\"></span>rediti; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>obsolesc<span class=\"_ _0\"></span>enza di magazzin<span class=\"_ _0\"></span>o; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>fondi per r<span class=\"_ _0\"></span>ischi ed oneri; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>valutazion<span class=\"_ _0\"></span>e strumenti finan<span class=\"_ _0\"></span>ziari; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>perdite <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _a\"> </span>dell\u2019attivo <span class=\"_\"> </span>(ad <span class=\"_ _a\"> </span>esempio <span class=\"_ _a\"> </span>immobili, <span class=\"_ _a\"> </span>impianti <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>macchinar<span class=\"_ _0\"></span>i <span class=\"_\"> </span>ed <span class=\"_ _a\"> </span>attivit\u00e0<span class=\"_ _0\"></span> </span>immateriali); \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>recuperab<span class=\"_ _0\"></span>ilit\u00e0 delle attivit<span class=\"_ _0\"></span>\u00e0 per imposte<span class=\"_ _0\"></span> differite;<span class=\"_ _0\"></span> </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rettifica v<span class=\"_ _0\"></span>alore attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie.<span class=\"_ _0\"></span> </span>Le stime <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>assunzioni <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>lizzate sono<span class=\"_ _0\"></span> basat<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span> ele<span class=\"_ _0\"></span>menti not<span class=\"_ _0\"></span>i alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>predispos<span class=\"_ _0\"></span>izione del <span class=\"_\"> </span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ull\u2019esperienz<span class=\"_ _0\"></span>a <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_\"> </span>e<span class=\"_ _0\"></span> <span class=\"_\"> </span>su<span class=\"_ _0\"></span> <span class=\"_\"> </span>altri <span class=\"_ _a\"> </span>elementi <span class=\"_\"> </span>ev<span class=\"_ _0\"></span>entualmente<span class=\"_ _0\"></span> <span class=\"_\"> </span>consider<span class=\"_ _0\"></span>ati rilevanti. In <span class=\"_ _d\"></span>tale <span class=\"_ _d\"></span>am<span class=\"_ _0\"></span>bito <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>gnala <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>situazione<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>causata <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _5\"></span>perduranti <span class=\"_ _d\"></span>diff<span class=\"_ _0\"></span>icolt\u00e0 <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>contest<span class=\"_ _0\"></span>o economico <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>finanz<span class=\"_ _0\"></span>iario, <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>ticolare <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>ll\u2019Eurozona<span class=\"_ _0\"></span>, <span class=\"_ _f\"> </span>hanno <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>omport<span class=\"_ _0\"></span>ato <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>ecessit\u00e0 <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> effettuare <span class=\"_ _12\"> </span>assunzioni <span class=\"_ _12\"> </span>riguardanti <span class=\"_ _12\"> </span>l\u2019andamento <span class=\"_ _12\"> </span>futuro <span class=\"_ _c\"> </span>car<span class=\"_ _0\"></span>atterizzato<span class=\"_ _0\"></span> <span class=\"_ _c\"> </span>da <span class=\"_ _12\"> </span>significativa incertezza, <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>cui <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>pu\u00f2 <span class=\"_ _5\"></span>escludere<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>concr<span class=\"_ _0\"></span>etizzarsi, <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>futuro,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>risult<span class=\"_ _0\"></span>ati <span class=\"_ _5\"></span>diversi <span class=\"_ _5\"></span>da quanto <span class=\"_ _a\"> </span>sti<span class=\"_ _0\"></span>mato <span class=\"_ _a\"> </span>e <span class=\"_ _b\"> </span>che <span class=\"_ _b\"> </span>quindi <span class=\"_ _b\"> </span>potrebbero <span class=\"_ _b\"> </span>richied<span class=\"_ _0\"></span>ere <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ettifiche, <span class=\"_ _a\"> </span>ad <span class=\"_ _b\"> </span>ogg<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>ovvi<span class=\"_ _0\"></span>amente <span class=\"_ _b\"> </span>n\u00e9 stimabili <span class=\"_ _3\"></span>n\u00e9<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prevedi<span class=\"_ _0\"></span>bili, <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>nche <span class=\"_ _3\"></span>significa<span class=\"_ _0\"></span>tive, <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>contabile <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>ive <span class=\"_ _d\"></span>poste. <span class=\"_ _3\"></span>L<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>voci<span class=\"_ _0\"></span> di <span class=\"_ _e\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>pri<span class=\"_ _0\"></span>ncipalmente <span class=\"_ _f\"> </span>interessate <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>tali <span class=\"_ _e\"> </span>situaz<span class=\"_ _0\"></span>ioni <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>incertezza <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _e\"> </span>non<span class=\"_ _0\"></span> correnti <span class=\"_ _3\"></span>(attivit\u00e0 <span class=\"_ _3\"></span>immaterial<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>materiali), <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _3\"></span>differite <span class=\"_ _3\"></span>attive, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>fondi <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti, <span class=\"_ _3\"></span>i fondi svalutazione <span class=\"_ _0\"></span>magazzi<span class=\"_ _0\"></span>no. Le <span class=\"_\"> </span>stime <span class=\"_\"> </span>e<span class=\"_ _0\"></span> <span class=\"_\"> </span>le <span class=\"_\"> </span>assunz<span class=\"_ _0\"></span>ioni <span class=\"_\"> </span>utilizz<span class=\"_ _0\"></span>ate <span class=\"_\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_\"> </span>verificate<span class=\"_ _0\"></span> <span class=\"_\"> </span>periodicam<span class=\"_ _0\"></span>ente <span class=\"_\"> </span>e <span class=\"_\"> </span>regol<span class=\"_ _0\"></span>armente <span class=\"_\"> </span>dal<span class=\"_ _0\"></span> Gruppo. <span class=\"_ _3\"></span>ln <span class=\"_ _3\"></span>caso <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>diverso <span class=\"_ _3\"></span>andamento <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>elementi <span class=\"_ _3\"></span>considera<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>i<span class=\"_ _2\"></span>n <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>processo, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>e che <span class=\"_\"> </span>si <span class=\"_\"> </span>consuntiveranno <span class=\"_\"> </span>potrebbero <span class=\"_\"> </span>differire <span class=\"_\"> </span>da <span class=\"_\"> </span>quelle <span class=\"_\"> </span>originarie <span class=\"_\"> </span>e <span class=\"_\"> </span>richiedere <span class=\"_\"> </span>di <span class=\"_\"> </span>essere modificate. Gl<span class=\"_ _0\"></span>i effetti <span class=\"_ _0\"></span>di ogn<span class=\"_ _0\"></span>i variazione d<span class=\"_ _0\"></span>i stima <span class=\"_ _0\"></span>sono r<span class=\"_ _0\"></span>iflessi a <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economico n<span class=\"_ _0\"></span>el periodo<span class=\"_ _0\"></span> in <span class=\"_ _5\"></span>cui <span class=\"_ _e\"> </span>avviene <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>revision<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>se <span class=\"_ _5\"> </span>quest<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>effetti <span class=\"_ _e\"> </span>solo <span class=\"_ _e\"> </span>su <span class=\"_ _5\"> </span>tal<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span>iodo, <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>anche <span class=\"_ _e\"> </span>nei <span class=\"_ _5\"></span>p<span class=\"_ _0\"></span>eriodi successivi s<span class=\"_ _0\"></span>e la revisione h<span class=\"_ _0\"></span>a effetti sia sull<span class=\"_ _0\"></span>\u2019esercizio c<span class=\"_ _0\"></span>orrente, sia s<span class=\"_ _0\"></span>u quelli futur<span class=\"_ _0\"></span>i. Perdita di valor<span class=\"_ _0\"></span>e di attivit\u00e0<span class=\"_ _0\"></span> Per <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>eterminare <span class=\"_ _d\"></span>se <span class=\"_ _d\"></span>vi <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _d\"></span>indicatori <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>perdi<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>nec<span class=\"_ _0\"></span>essario <span class=\"_ _d\"></span>stimare <span class=\"_ _d\"></span>il fair <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _a\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _a\"> </span>oppure <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>s<span class=\"_ _0\"></span>uo <span class=\"_ _a\"> </span>valore <span class=\"_ _a\"> </span>d\u2019uso. <span class=\"_ _a\"> </span>La <span class=\"_ _a\"> </span>determinazione <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _a\"> </span>d\u2019uso richiede <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ima <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cassa <span class=\"_ _5\"></span>attesi <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>l\u2019impre<span class=\"_ _0\"></span>sa <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>atten<span class=\"_ _0\"></span>de <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>otte<span class=\"_ _0\"></span>nere <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>all\u2019attivit\u00e0, nonch\u00e9 la deter<span class=\"_ _0\"></span>minazione <span class=\"_ _0\"></span>di un appropr<span class=\"_ _0\"></span>iato tasso d<span class=\"_ _0\"></span>i sconto.  Accantonament<span class=\"_ _0\"></span>i Gli <span class=\"_ _e\"> </span>accantonam<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>alle <span class=\"_ _f\"> </span>poste <span class=\"_ _e\"> </span>dell\u2019attivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>circolante <span class=\"_ _e\"> </span>(c<span class=\"_ _0\"></span>rediti, <span class=\"_ _e\"> </span>magazz<span class=\"_ _0\"></span>ino) <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>stati <span class=\"_ _f\"> </span>iscritti, quanto <span class=\"_ _a\"> </span>ai <span class=\"_ _a\"> </span>crediti, <span class=\"_ _a\"> </span>sulla <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>una <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alutazione <span class=\"_ _a\"> </span>dell\u2019esi<span class=\"_ _0\"></span>gibilit\u00e0 <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>crediti <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>essere <span class=\"_ _a\"> </span>e sull\u2019esperienza <span class=\"_ _a\"> </span>storica <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>perdite <span class=\"_ _a\"> </span>su <span class=\"_ _a\"> </span>crediti; <span class=\"_\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>magazzino, <span class=\"_ _a\"> </span>sulle <span class=\"_ _a\"> </span>prospettive <span class=\"_ _a\"> </span>di utilizzo <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>giacenze <span class=\"_ _f\"> </span>nel <span class=\"_ _e\"> </span>ciclo <span class=\"_ _f\"> </span>produttivo <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>sul<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>po<span class=\"_ _0\"></span>ssibilit\u00e0 <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _f\"> </span>realizzo <span class=\"_ _f\"> </span>delle giacenze di prodott<span class=\"_ _0\"></span>i finiti.  Gli <span class=\"_ _5\"></span>accantona<span class=\"_ _0\"></span>menti <span class=\"_ _5\"> </span>rel<span class=\"_ _0\"></span>ativi <span class=\"_ _5\"></span>agli <span class=\"_ _5\"></span>oneri<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>ristrutturaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>conse<span class=\"_ _0\"></span>guenti <span class=\"_ _5\"> </span>alle <span class=\"_ _e\"> </span>dismissioni <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o stati <span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _0\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>isioni <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tempi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>dell\u2019entit<span class=\"_ _0\"></span>\u00e0 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ifesteranno <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>varie<span class=\"_ _0\"></span> forme <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>incentivazione<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>co<span class=\"_ _0\"></span>ncordate <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>organizz<span class=\"_ _0\"></span>azioni <span class=\"_ _e\"> </span>sindacali,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>gestione<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>gli esuberi. Gli <span class=\"_ _3\"></span>accant<span class=\"_ _0\"></span>onamenti <span class=\"_ _d\"></span>relativi <span class=\"_ _d\"></span>all\u2019esist<span class=\"_ _0\"></span>enza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>enziosi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>terze <span class=\"_ _d\"></span>parti <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tati <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itti <span class=\"_ _3\"></span>nel caso <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>si <span class=\"_ _f\"> </span>pensi <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>far <span class=\"_ _e\"> </span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _e\"> </span>ad<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>un\u2019obbl<span class=\"_ _0\"></span>igazione <span class=\"_ _f\"> </span>(legale <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>implicita) <span class=\"_ _f\"> </span>derivante <span class=\"_ _e\"> </span>da <span class=\"_ _f\"> </span>un evento <span class=\"_ _f\"> </span>passato <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>quale <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>probabile <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>utilizzo <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>isorse <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>am<span class=\"_ _0\"></span>montar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>iene stimato in manier<span class=\"_ _0\"></span>a attendibi<span class=\"_ _0\"></span>le. Informazioni per<span class=\"_ _0\"></span> settore In <span class=\"_ _d\"></span>applicazio<span class=\"_ _0\"></span>ne <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>quanto <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>evisto <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019IFRS <span class=\"_ _d\"></span>8 <span class=\"_ _d\"></span>\u201cSett<span class=\"_ _0\"></span>ori <span class=\"_ _d\"></span>operati<span class=\"_ _0\"></span>vi\u201d, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _d\"></span>disci<span class=\"_ _0\"></span>plina <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>concetto dell\u2019approcci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>direziona<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>edisporre <span class=\"_ _d\"></span>l\u2019informativa<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ettore, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>segnala <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _d\"></span>alto livello <span class=\"_ _f\"> </span>decision<span class=\"_ _0\"></span>ale <span class=\"_ _f\"> </span>operativo <span class=\"_ _f\"> </span>(CODM <span class=\"_ _f\"> </span>\u2013 <span class=\"_ _f\"> </span>Chi<span class=\"_ _0\"></span>ef <span class=\"_ _f\"> </span>Operating <span class=\"_ _f\"> </span>Decis<span class=\"_ _0\"></span>ion <span class=\"_ _f\"> </span>Maker) <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>identific<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>nel Consiglio <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Amministr<span class=\"_ _0\"></span>azione. <span class=\"_ _a\"> </span>I <span class=\"_ _a\"> </span>settor<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>attivit\u00e0, <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>andamenti <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>risultati<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>vengono periodicamente <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ivisti <span class=\"_ _5\"> </span>dal <span class=\"_ _e\"> </span>CODM, <span class=\"_ _5\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>locare <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>risors<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>valu<span class=\"_ _0\"></span>tarne <span class=\"_ _5\"> </span>i <span class=\"_ _5\"></span>ri<span class=\"_ _0\"></span>sultati, <span class=\"_ _5\"></span>sono<span class=\"_ _0\"></span> rappresentati <span class=\"_ _13\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _13\"> </span>seguenti <span class=\"_ _13\"> </span>Busines<span class=\"_ _0\"></span>s <span class=\"_ _13\"> </span>Unit: <span class=\"_ _13\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _13\"> </span>Zucchi <span class=\"_ _13\"> </span>con <span class=\"_ _13\"> </span>le <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>oprie <span class=\"_ _13\"> </span>filiali commerciali <span class=\"_ _5\"></span>estere, <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>consoc<span class=\"_ _0\"></span>iata <span class=\"_ _d\"></span>americana<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>M<span class=\"_ _0\"></span>ascioni <span class=\"_ _d\"></span>U<span class=\"_ _0\"></span>SA <span class=\"_ _5\"></span>Inc., <span class=\"_ _5\"></span>attualmente <span class=\"_ _5\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>ancora <span class=\"_ _5\"> </span>in fase <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>istrutturaz<span class=\"_ _0\"></span>ione, <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>si <span class=\"_ _1\"> </span>occupa <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>settore <span class=\"_ _1\"> </span>hospitalit<span class=\"_ _0\"></span>y, <span class=\"_ _f\"> </span>Basi<span class=\"_ _0\"></span>talia <span class=\"_ _f\"> </span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>svolge prevalentemente u<span class=\"_ _0\"></span>n\u2019attiv<span class=\"_ _0\"></span>it\u00e0 legata all\u2019hom<span class=\"_ _0\"></span>e decor ed al<span class=\"_ _0\"></span>la rinnovazio<span class=\"_ _0\"></span>ne. 4. PRINCIPI CONTABILI, EMENDAMENTI ED INTERPRETAZIONI RECEPITI DALLA U.E.  ED APPLICATI DAL 1<span class=\"_ _0\"></span>\u00b0 GENNAIO 2022 Nel <span class=\"_ _5\"></span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _e\"> </span>vengono <span class=\"_ _e\"> </span>indicati <span class=\"_ _e\"> </span>e <span class=\"_ _5\"></span>succin<span class=\"_ _0\"></span>tamente <span class=\"_ _e\"> </span>illustrati <span class=\"_ _e\"> </span>gli <span class=\"_ _e\"> </span>IFRS <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>vigore <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>partire <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>1\u00b0 gennaio dell\u2019eserc<span class=\"_ _0\"></span>izio corrente.<span class=\"_ _0\"></span> In data 14 magg<span class=\"_ _0\"></span>io 2020, sono s<span class=\"_ _0\"></span>tati emessi d<span class=\"_ _0\"></span>egli eme<span class=\"_ _0\"></span>ndamenti ad <span class=\"_ _0\"></span>alcuni stand<span class=\"_ _0\"></span>ard:  \u201cReference to t<span class=\"_ _0\"></span>he Conceptual Fra<span class=\"_ _0\"></span>mework (<span class=\"_ _0\"></span>Amendements<span class=\"_ _0\"></span> to IFRS 3)\u201d<span class=\"_ _0\"></span><span class=\"ff3\">  </span>che <span class=\"_ _5\"></span>aggiorna <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>rifer<span class=\"_ _0\"></span>imento <span class=\"_ _5\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _5\"></span>nell\u2019IF<span class=\"_ _0\"></span>RS <span class=\"_ _5\"></span>3 <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>Conceptual <span class=\"_ _e\"> </span>Framework <span class=\"_ _e\"> </span>nella <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ersione rivista, senza che c<span class=\"_ _0\"></span>i\u00f2 compor<span class=\"_ _0\"></span>ti modifiche alle<span class=\"_ _0\"></span> disposizioni de<span class=\"_ _0\"></span>llo standard.<span class=\"_ _0\"></span> \u201cProperty, Plant a<span class=\"_ _0\"></span>nd Eq<span class=\"_ _0\"></span>uipment - Proceeds<span class=\"_ _0\"></span> before Int<span class=\"_ _0\"></span>ended Use (<span class=\"_ _0\"></span>Amendement t<span class=\"_ _0\"></span>o IAS 16)\u201d<span class=\"ff3\">  </span>che <span class=\"_\"> </span>vieta<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_\"> </span>dedurre<span class=\"_ _0\"></span> <span class=\"_\"> </span>dal <span class=\"_ _a\"> </span>costo <span class=\"_\"> </span>delle <span class=\"_\"> </span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>mat<span class=\"_ _0\"></span>eriali <span class=\"_\"> </span>l\u2019impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>ricevuto <span class=\"_ _a\"> </span>dalla vendita d<span class=\"_ _0\"></span>i beni <span class=\"_ _0\"></span>prodotti <span class=\"_ _0\"></span>nella fas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>i test <span class=\"_ _0\"></span>dell\u2019immobiliz<span class=\"_ _0\"></span>zazioni st<span class=\"_ _0\"></span>essa. <span class=\"_ _0\"></span>Tali ricav<span class=\"_ _0\"></span>i di <span class=\"_ _0\"></span>vendita e<span class=\"_ _0\"></span> i relativi costi sara<span class=\"_ _0\"></span>nno rilev<span class=\"_ _0\"></span>ati a conto econ<span class=\"_ _0\"></span>omico. \u201cOnerous Contr<span class=\"_ _0\"></span>acts \u2013 Cost of F<span class=\"_ _0\"></span>ulfilling a C<span class=\"_ _0\"></span>ontract (Am<span class=\"_ _0\"></span>endement I<span class=\"_ _0\"></span>AS 37)\u201d<span class=\"ff3\">  </span>che <span class=\"_ _1\"> </span>chiarisce <span class=\"_\"> </span>quali <span class=\"_ _1\"> </span>costi <span class=\"_ _1\"> </span>dev<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>essere <span class=\"_\"> </span>considerati <span class=\"_ _1\"> </span>nella <span class=\"_ _1\"> </span>val<span class=\"_ _0\"></span>utazione <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>ll\u2019oneros<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _1\"> </span>del contratto. <span class=\"_ _3\"></span>Pi\u00f9 <span class=\"_ _0\"></span>precisam<span class=\"_ _0\"></span>ente, <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>adempimento <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>comprende <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>che si r<span class=\"_ _0\"></span>iferiscono <span class=\"_ _0\"></span>diret<span class=\"_ _0\"></span>tamente <span class=\"_ _3\"></span>al contratt<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>Pu\u00f2 <span class=\"_ _0\"></span>tratt<span class=\"_ _0\"></span>arsi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>incrementali <span class=\"_ _0\"></span>(ad<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>esempio, <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>i del <span class=\"_ _3\"></span>materiale <span class=\"_ _3\"></span>diretto <span class=\"_ _3\"></span>impieg<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>nella <span class=\"_ _3\"></span>lavorazione) <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>anc<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>l\u2019impresa<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>u\u00f2 evitare <span class=\"_ _8\"> </span>in <span class=\"_ _14\"> </span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _8\"> </span>ha <span class=\"_ _14\"> </span>sti<span class=\"_ _0\"></span>pulato <span class=\"_ _8\"> </span>il <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _8\"> </span>(es. <span class=\"_ _8\"> </span>la <span class=\"_ _8\"> </span>quota <span class=\"_ _8\"> </span>del <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>osto <span class=\"_ _8\"> </span>del <span class=\"_ _8\"> </span>personale <span class=\"_ _8\"> </span>e dell\u2019ammortam<span class=\"_ _0\"></span>ento dei mac<span class=\"_ _0\"></span>chinari impiegat<span class=\"_ _0\"></span>i per l\u2019adem<span class=\"_ _0\"></span>pimento del co<span class=\"_ _0\"></span>ntratto).<span class=\"_ _0\"></span> \u201cAnnual Improvem<span class=\"_ _0\"></span>ents to IF<span class=\"_ _0\"></span>RS Standards 2018-<span class=\"_ _0\"></span>2020\u201d<span class=\"ff3\">  </span>che <span class=\"_ _3\"></span>contiene <span class=\"_ _3\"></span>proposte<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>modifica <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>quattr<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>principi: <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>1 <span class=\"_ _3\"></span>\u2013 <span class=\"_ _3\"></span>\u201cSubsi<span class=\"_ _0\"></span>diary <span class=\"_ _3\"></span>as <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>first-time<span class=\"_ _0\"></span> adopter\u201d; IF<span class=\"_ _0\"></span>RS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>\u2013 \u201cF<span class=\"_ _0\"></span>eels <span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e \u201910<span class=\"_ _0\"></span> per <span class=\"_ _0\"></span>cent\u2019 <span class=\"_ _0\"></span>test <span class=\"_ _0\"></span>for <span class=\"_ _0\"></span>derecognition<span class=\"_ _0\"></span> of <span class=\"_ _0\"></span>financi<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>iabilities\u201d: <span class=\"_ _0\"></span>la modifica <span class=\"_ _d\"></span>chiarisc<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _d\"></span>fe<span class=\"_ _0\"></span>es <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>iderare <span class=\"_ _d\"></span>ne<span class=\"_ _0\"></span>ll\u2019esecuzione <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>test <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>ap<span class=\"_ _0\"></span>plicazione del <span class=\"_ _3\"></span>par. <span class=\"_ _0\"></span>B3<span class=\"_ _0\"></span>.3.6 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019IFRS <span class=\"_ _3\"></span>9, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutare <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>cancellazione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziaria; <span class=\"_ _3\"></span>IFRS<span class=\"_ _0\"></span> 16 <span class=\"_ _d\"></span>\u2013 <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Lease <span class=\"_ _d\"></span>inc<span class=\"_ _0\"></span>entives\u201d: <span class=\"_ _d\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mod<span class=\"_ _0\"></span>ifica <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iguarda <span class=\"_ _5\"></span>un <span class=\"_ _d\"></span>esempio <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>llustrativo <span class=\"_ _d\"></span>ed <span class=\"_ _5\"></span>infine <span class=\"_ _d\"></span>l\u2019IF<span class=\"_ _0\"></span>RS <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>1 <span class=\"_ _d\"></span>\u2013 \u201cTaxation in fa<span class=\"_ _0\"></span>ir value mea<span class=\"_ _0\"></span>surements\u201d.<span class=\"_ _0\"></span> L\u2019adozione de<span class=\"_ _0\"></span>i suddetti emenda<span class=\"_ _0\"></span>menti non ha c<span class=\"_ _0\"></span>omportato eff<span class=\"_ _0\"></span>etti sul bila<span class=\"_ _0\"></span>ncio delle Soc<span class=\"_ _0\"></span>iet\u00e0. 5 PRINCIPI CONTABILI, EMENDAMENTI ED INTERPRETAZIONI NON ANCORA IN VIGORE E NON ADOTTATI ANTICIPATAMENTE DAL GRUPPO<span class=\"ff2 fc0\"> </span>Alla <span class=\"_\"> </span>data <span class=\"_\"> </span>del <span class=\"_\"> </span>presente <span class=\"_\"> </span>bi<span class=\"_ _0\"></span>lancio, <span class=\"_\"> </span>gli <span class=\"_\"> </span>organ<span class=\"_ _0\"></span>i <span class=\"_\"> </span>competenti <span class=\"_\"> </span>dell\u2019Un<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>Europea <span class=\"_\"> </span>non <span class=\"_\"> </span>han<span class=\"_ _0\"></span>no ancora <span class=\"_ _a\"> </span>concluso <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>processo <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>omologazi<span class=\"_ _0\"></span>one <span class=\"_ _a\"> </span>necess<span class=\"_ _0\"></span>ario <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>l\u2019adozion<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>seguenti<span class=\"_ _0\"></span> principi <span class=\"_ _e\"> </span>ed <span class=\"_ _f\"> </span>eme<span class=\"_ _0\"></span>ndamenti, <span class=\"_ _f\"> </span>ovvero <span class=\"_ _f\"> </span>tali <span class=\"_ _e\"> </span>principi <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>emendamenti, <span class=\"_ _f\"> </span>pur <span class=\"_ _f\"> </span>omologati, <span class=\"_ _f\"> </span>non <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ono ancora entrati i<span class=\"_ _0\"></span>n vigore: IFRS 17 (Insuranc<span class=\"_ _0\"></span>e Contrac<span class=\"_ _0\"></span>ts) In data <span class=\"_ _0\"></span>18 mag<span class=\"_ _0\"></span>gio 20<span class=\"_ _0\"></span>17 \u00e8 s<span class=\"_ _0\"></span>tato e<span class=\"_ _0\"></span>messo l\u2019IFR<span class=\"_ _0\"></span>S 17 <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>quale introduc<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>n approcci<span class=\"_ _0\"></span>o coer<span class=\"_ _0\"></span>ente, a <span class=\"_ _3\"></span>livello <span class=\"_ _3\"></span>internaz<span class=\"_ _0\"></span>ionale, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>merito <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>ilizzazione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>assicurativi. <span class=\"_ _d\"></span>In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>25<span class=\"_ _0\"></span> giugno 2020 \u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>o emesso <span class=\"_ _0\"></span>un emend<span class=\"_ _0\"></span>amento a <span class=\"_ _0\"></span>tale p<span class=\"_ _0\"></span>rincipio cont<span class=\"_ _0\"></span>abile. Le <span class=\"_ _0\"></span>modifi<span class=\"_ _0\"></span>che sono<span class=\"_ _0\"></span> efficaci per gl<span class=\"_ _0\"></span>i esercizi che inizier<span class=\"_ _0\"></span>anno il 1<span class=\"_ _0\"></span>\u00b0 gennaio 2023 o s<span class=\"_ _0\"></span>uccessivament<span class=\"_ _0\"></span>e. Aggiornamento <span class=\"_ _11\"> </span>dello <span class=\"_ _11\"> </span>IAS <span class=\"_ _11\"> </span>1 <span class=\"_ _10\"> </span>(<span class=\"_ _0\"></span>Presentation <span class=\"_ _10\"> </span>o<span class=\"_ _0\"></span>f <span class=\"_ _11\"> </span>Financial <span class=\"_ _10\"> </span>St<span class=\"_ _0\"></span>atements)<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>e <span class=\"_ _11\"> </span>dello <span class=\"_ _10\"> </span>I<span class=\"_ _0\"></span>AS <span class=\"_ _10\"> </span>8 (Accounting polici<span class=\"_ _0\"></span>es, Changes<span class=\"_ _0\"></span> in Accou<span class=\"_ _0\"></span>nting Estimate<span class=\"_ _0\"></span>s and Errors<span class=\"_ _0\"></span>). Nel <span class=\"_ _3\"></span>mese <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>febbraio <span class=\"_ _3\"></span>2021 <span class=\"_ _3\"></span>lo <span class=\"_ _3\"></span>IASB <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>emesso <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>emendam<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>allo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>1 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>8. Le <span class=\"_ _1\"> </span>modifiche<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>volte<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>migliorare<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>disclos<span class=\"_ _0\"></span>ure <span class=\"_ _1\"> </span>sulle <span class=\"_ _1\"> </span>account<span class=\"_ _0\"></span>ing <span class=\"_ _1\"> </span>policy <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>modo <span class=\"_ _1\"> </span>da migliorare <span class=\"_ _f\"> </span>l\u2019informativa <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>dare <span class=\"_ _f\"> </span>agli <span class=\"_ _e\"> </span>inves<span class=\"_ _0\"></span>titori <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>agli <span class=\"_ _f\"> </span>altri <span class=\"_ _f\"> </span>utilizzatori <span class=\"_ _f\"> </span>primari <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>bilancio, nonch\u00e9 <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>d <span class=\"_ _8\"> </span>aiutare<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>le <span class=\"_ _8\"> </span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _8\"> </span>a <span class=\"_ _14\"> </span>di<span class=\"_ _0\"></span>stinguere<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>i <span class=\"_ _8\"> </span>ca<span class=\"_ _0\"></span>mbiamenti <span class=\"_ _8\"> </span>nelle <span class=\"_ _8\"> </span>stim<span class=\"_ _0\"></span>e <span class=\"_ _14\"> </span>co<span class=\"_ _0\"></span>ntabili <span class=\"_ _8\"> </span>dai<span class=\"_ _0\"></span> cambiamenti <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>ac<span class=\"_ _0\"></span>counting <span class=\"_ _10\"> </span>pol<span class=\"_ _0\"></span>icy. <span class=\"_ _10\"> </span>Le <span class=\"_ _10\"> </span>modifiche <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _10\"> </span>efficac<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>per <span class=\"_ _10\"> </span>gli <span class=\"_ _10\"> </span>eserc<span class=\"_ _0\"></span>izi <span class=\"_ _10\"> </span>che inizieranno il 1\u00b0 <span class=\"_ _0\"></span>gennaio 20<span class=\"_ _0\"></span>23 o successivam<span class=\"_ _0\"></span>ente. Emendamento <span class=\"_ _1\"> </span>allo <span class=\"_ _1\"> </span>IAS <span class=\"_\"> </span>12 <span class=\"_ _f\"> </span>Imp<span class=\"_ _0\"></span>oste <span class=\"_ _1\"> </span>sul <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>eddito <span class=\"_ _1\"> </span>\u2013 <span class=\"_ _1\"> </span>Imposte <span class=\"_\"> </span>d<span class=\"_ _2\"></span>ifferite <span class=\"_ _1\"> </span>relativ<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>ad <span class=\"_ _1\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e passivit\u00e0 deriva<span class=\"_ _0\"></span>nti da sing<span class=\"_ _0\"></span>ola operazione. L\u2019emendament<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>sp<span class=\"_ _0\"></span>ecifica <span class=\"_ _5\"></span>come <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _5\"></span>dovrebber<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>contabilizz<span class=\"_ _0\"></span>are <span class=\"_ _d\"></span>l'<span class=\"_ _0\"></span>imposta <span class=\"_ _5\"></span>differita <span class=\"_ _5\"></span>su operazioni <span class=\"_ _3\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _3\"></span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>obb<span class=\"_ _0\"></span>lighi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>mantellamento.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ircostanze <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>ecifiche, <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>societ\u00e0<span class=\"_ _0\"></span> possono <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>entate <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>rilev<span class=\"_ _0\"></span>are <span class=\"_ _3\"></span>l'imposta <span class=\"_ _3\"></span>diff<span class=\"_ _0\"></span>erita <span class=\"_ _3\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>rilevano <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>passivit<span class=\"_ _0\"></span>\u00e0 per la pri<span class=\"_ _0\"></span>ma volta. <span class=\"_ _0\"></span>Tale dis<span class=\"_ _0\"></span>posizione i<span class=\"_ _0\"></span>n preced<span class=\"_ _0\"></span>enza ha <span class=\"_ _0\"></span>fatto sorgere <span class=\"_ _0\"></span>incertez<span class=\"_ _0\"></span>ze sul <span class=\"_ _0\"></span>fatto che<span class=\"_ _0\"></span> l'esenzione <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>applicass<span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>transaz<span class=\"_ _0\"></span>ioni c<span class=\"_ _0\"></span>ome l<span class=\"_ _0\"></span>easing e <span class=\"_ _0\"></span>obb<span class=\"_ _0\"></span>lighi d<span class=\"_ _0\"></span>i disatt<span class=\"_ _0\"></span>ivazione, <span class=\"_ _0\"></span>operazioni<span class=\"_ _0\"></span> per <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>quali <span class=\"_ _e\"> </span>le <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _e\"> </span>riconoscono <span class=\"_ _e\"> </span>sia <span class=\"_ _e\"> </span>un'att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>una <span class=\"_ _e\"> </span>passivit\u00e0. <span class=\"_ _e\"> </span>Con <span class=\"_ _e\"> </span>l\u2019emendam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> allo <span class=\"_ _d\"></span>IAS <span class=\"_ _d\"></span>12<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stato<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>chiarito<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _d\"></span>l'esenzi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>non <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>applica <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>le <span class=\"_ _3\"></span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>ten<span class=\"_ _0\"></span>ute <span class=\"_ _d\"></span>a rilevare l'impost<span class=\"_ _0\"></span>a differita s<span class=\"_ _0\"></span>u tali operaz<span class=\"_ _0\"></span>ioni.  Il <span class=\"_ _5\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _5\"> </span>non <span class=\"_ _e\"> </span>ha <span class=\"_ _5\"></span>adotta<span class=\"_ _0\"></span>to <span class=\"_ _5\"> </span>ant<span class=\"_ _0\"></span>icipatament<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>nuovi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>princ<span class=\"_ _0\"></span>ipi, <span class=\"_ _5\"></span>interpret<span class=\"_ _0\"></span>azioni <span class=\"_ _5\"> </span>o <span class=\"_ _e\"> </span>modifiche <span class=\"_ _e\"> </span>che sono stati emes<span class=\"_ _0\"></span>si, ma non anc<span class=\"_ _0\"></span>ora in vigore.<span class=\"_ _0\"></span> 6. GESTIONE E TIPOLOGIA DEI RISCHI FINANZIARI Il <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>sua <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>all\u2019utilizzo <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziari, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>posto, <span class=\"_ _3\"></span>oltre al rischio genera<span class=\"_ _0\"></span>le legato a<span class=\"_ _0\"></span>lla conduzi<span class=\"_ _0\"></span>one del business<span class=\"_ _0\"></span>, ai seguenti<span class=\"_ _0\"></span> rischi: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di cr<span class=\"_ _0\"></span>edito; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di liqui<span class=\"_ _0\"></span>dit\u00e0; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di m<span class=\"_ _0\"></span>ercato; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio con<span class=\"_ _0\"></span>nesso alle c<span class=\"_ _0\"></span>ondizioni risolutive<span class=\"_ _0\"></span> contenute n<span class=\"_ _0\"></span>ell\u2019Accordo d<span class=\"_ _0\"></span>i Ristrutturazi<span class=\"_ _0\"></span>one. </span>Nella <span class=\"_ _3\"></span>presente <span class=\"_ _3\"></span>sez<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _3\"></span>fornite <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormazioni <span class=\"_ _3\"></span>integrat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>relative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>all\u2019esposizione <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> Gruppo <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>ciascuno <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _1\"> </span>elencati <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>preced<span class=\"_ _0\"></span>enza, <span class=\"_\"> </span>agli <span class=\"_ _1\"> </span>obiettivi, <span class=\"_\"> </span>alle <span class=\"_ _1\"> </span>po<span class=\"_ _0\"></span>litiche <span class=\"_ _1\"> </span>ed <span class=\"_\"> </span>ai processi <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>gesti<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>tali <span class=\"_ _1\"> </span>rischi<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ed <span class=\"_ _1\"> </span>ai <span class=\"_ _1\"> </span>metod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>utilizzati <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>va<span class=\"_ _0\"></span>lutarli. <span class=\"_ _1\"> </span>La <span class=\"_\"> </span>presente <span class=\"_ _1\"> </span>nota contiene <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>informaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>qua<span class=\"_ _0\"></span>ntitative <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>utare <span class=\"_ _3\"></span>l'entit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _d\"></span>dagli strumenti <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>cui <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>esposto <span class=\"_ _a\"> </span>nel <span class=\"_ _a\"> </span>corso <span class=\"_ _a\"> </span>dell'es<span class=\"_ _0\"></span>ercizio <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>data <span class=\"_ _a\"> </span>di riferimento <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>bilancio. <span class=\"_ _1\"> </span>Ulteriori<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>nformazioni <span class=\"_ _1\"> </span>quantitat<span class=\"_ _0\"></span>ive <span class=\"_ _1\"> </span>sono <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span>sposte <span class=\"_ _1\"> </span>nelle <span class=\"_ _1\"> </span>spec<span class=\"_ _0\"></span>ifiche note al bilanc<span class=\"_ _0\"></span>io relative alle<span class=\"_ _0\"></span> attivit\u00e0 e pas<span class=\"_ _0\"></span>sivit\u00e0 finanz<span class=\"_ _0\"></span>iarie. La <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ponsabilit\u00e0 <span class=\"_ _3\"></span>complessiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>creazione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>upervisione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>sistema <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gestione dei <span class=\"_ _3\"></span>risch<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>Consiglio <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Amministraz<span class=\"_ _0\"></span>ione. <span class=\"_ _3\"></span>L<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Direz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>mministr<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>e Finanza <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>respo<span class=\"_ _0\"></span>nsabile <span class=\"_ _f\"> </span>dello <span class=\"_ _e\"> </span>sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>politiche <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>ges<span class=\"_ _0\"></span>tione <span class=\"_ _f\"> </span>dei rischi <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Gruppo <span class=\"_ _5\"></span>ed <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>nforma <span class=\"_ _5\"></span>periodicamente <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>A<span class=\"_ _0\"></span>mministrazion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>propri<span class=\"_ _0\"></span>e attivit\u00e0.  Le politiche d<span class=\"_ _0\"></span>i gestione d<span class=\"_ _0\"></span>ei rischi del Grup<span class=\"_ _0\"></span>po hanno lo <span class=\"_ _0\"></span>scopo di: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>identificare <span class=\"_ _0\"></span>ed analizzar<span class=\"_ _0\"></span>e i rischi ai quali <span class=\"_ _0\"></span>il Gruppo \u00e8 es<span class=\"_ _0\"></span>posto; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>definire <span class=\"_ _4\"> </span>l\u2019archite<span class=\"_ _0\"></span>ttura <span class=\"_ _3e\"> </span>or<span class=\"_ _0\"></span>ganizzat<span class=\"_ _0\"></span>iva, <span class=\"_ _4\"> </span>con <span class=\"_ _4\"> </span>individua<span class=\"_ _0\"></span>zione <span class=\"_ _3e\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _3e\"> </span>uni<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _4\"> </span>organiz<span class=\"_ _0\"></span>zative </span>coinvolte, relat<span class=\"_ _0\"></span>ive responsabil<span class=\"_ _0\"></span>it\u00e0 e siste<span class=\"_ _0\"></span>ma di deleghe;<span class=\"_ _0\"></span> \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>individuare <span class=\"_ _0\"></span>i principi di risk<span class=\"_ _0\"></span> manage<span class=\"_ _0\"></span>ment su cui si fo<span class=\"_ _0\"></span>nda la gest<span class=\"_ _0\"></span>ione operativa de<span class=\"_ _0\"></span>i rischi;<span class=\"_ _0\"></span> </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>individuare <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>tipologi<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>operazioni <span class=\"_ _f\"> </span>ammes<span class=\"_ _0\"></span>se <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>copertura <span class=\"_ _1\"> </span>dell\u2019esposizion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>(es. </span>negoziazione di der<span class=\"_ _0\"></span>ivati di <span class=\"_ _0\"></span>copertura). La <span class=\"_ _3\"></span>Funzion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Internal <span class=\"_ _d\"></span>Audit <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrolla <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>policy <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>procedure<span class=\"_ _0\"></span> applicate <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _5\"> </span>fi<span class=\"_ _0\"></span>nanziari. <span class=\"_ _e\"> </span>La <span class=\"_ _5\"></span>Fu<span class=\"_ _0\"></span>nzione <span class=\"_ _e\"> </span>Internal <span class=\"_ _5\"> </span>A<span class=\"_ _0\"></span>udit <span class=\"_ _e\"> </span>svolge <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>erifiche periodiche riport<span class=\"_ _0\"></span>andone gli es<span class=\"_ _0\"></span>iti al Consiglio <span class=\"_ _0\"></span>di Amminis<span class=\"_ _0\"></span>trazione.  6.1 Rischi finanziari 6.1.1. Rischio di credito Il <span class=\"_ _f\"> </span>rischio <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _f\"> </span>che <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>cliente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>una<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>contr<span class=\"_ _0\"></span>oparti <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>uno <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>trumento<span class=\"_ _0\"></span> finanziario <span class=\"_ _a\"> </span>causi <span class=\"_\"> </span>una <span class=\"_ _a\"> </span>perdita <span class=\"_ _a\"> </span>finanziaria <span class=\"_\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_\"> </span>ade<span class=\"_ _0\"></span>mpiendo <span class=\"_ _a\"> </span>ad <span class=\"_\"> </span>un\u2019obb<span class=\"_ _0\"></span>ligazione <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>deriva principalmente d<span class=\"_ _0\"></span>ai crediti c<span class=\"_ _0\"></span>ommerciali e<span class=\"_ _0\"></span> dagli investimenti<span class=\"_ _0\"></span> finanziari del<span class=\"_ _0\"></span> Gruppo. <span class=\"_ _0\"></span> Crediti commercial<span class=\"_ _0\"></span>i e altri c<span class=\"_ _0\"></span>rediti Il <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>credito<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>principalmente <span class=\"_ _f\"> </span>connesso <span class=\"_ _f\"> </span>alla <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>ossibilit\u00e0 <span class=\"_ _e\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>clienti <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>onorino <span class=\"_ _e\"> </span>i propri debiti v<span class=\"_ _0\"></span>erso le societ<span class=\"_ _0\"></span>\u00e0 del Gruppo a<span class=\"_ _0\"></span>lle scadenze<span class=\"_ _0\"></span> pattuite. <span class=\"_ _0\"></span> L\u2019esposizione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>credit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dipende <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>carat<span class=\"_ _0\"></span>teristiche specifiche <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>iascun <span class=\"_ _5\"></span>client<span class=\"_ _0\"></span>e. <span class=\"_ _5\"></span>I <span class=\"_ _5\"></span>credit<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>iscritti <span class=\"_ _5\"></span>a <span class=\"_ _5\"> </span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _5\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>seg<span class=\"_ _0\"></span>mentab<span class=\"_ _0\"></span>ili <span class=\"_ _5\"></span>innanzitutto <span class=\"_ _e\"> </span>per canale <span class=\"_ _b\"> </span>dis<span class=\"_ _0\"></span>tributivo, <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>indi <span class=\"_ _b\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _14\"> </span>verso <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ettaglianti<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>(affiliat<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>ter<span class=\"_ _0\"></span>zi), <span class=\"_ _b\"> </span>gros<span class=\"_ _0\"></span>sisti, Grande <span class=\"_ _a\"> </span>Distribuzione<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>Organizzata <span class=\"_ _a\"> </span>(GDO)<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>Export. <span class=\"_ _a\"> </span>Il <span class=\"_ _a\"> </span>grado <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>concentrazione <span class=\"_ _b\"> </span>delle esposizioni <span class=\"_ _0\"></span>\u00e8 in <span class=\"_ _0\"></span>genere mi<span class=\"_ _0\"></span>nimo ad <span class=\"_ _0\"></span>eccezio<span class=\"_ _0\"></span>ne del can<span class=\"_ _0\"></span>ale G<span class=\"_ _0\"></span>DO, ov<span class=\"_ _0\"></span>e l'entit<span class=\"_ _0\"></span>\u00e0 dei sing<span class=\"_ _0\"></span>oli credit<span class=\"_ _0\"></span>i \u00e8 <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _3\"></span>signif<span class=\"_ _0\"></span>icativa <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>nche <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>considerazione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _3\"></span>sta<span class=\"_ _0\"></span>gionalit\u00e0 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>atturato <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>concentra nell'ultimo <span class=\"_ _f\"> </span>trimestre <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ell'eserc<span class=\"_ _0\"></span>izio. <span class=\"_ _f\"> </span>Il <span class=\"_ _f\"> </span>grado <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>oncen<span class=\"_ _0\"></span>trazione <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>crediti <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>primi <span class=\"_ _f\"> </span>diec<span class=\"_ _0\"></span>i clienti \u00e8 pari a<span class=\"_ _0\"></span>l 17,8% (16,7%<span class=\"_ _0\"></span> nel 2021).<span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ha <span class=\"_ _3\"></span>adottato <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>procedura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>secondo <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>ne <span class=\"_ _3\"></span>determinata <span class=\"_ _0\"></span>l\u2019aff<span class=\"_ _0\"></span>idabilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ciascun nuovo <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>liente, <span class=\"_ _d\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>clusione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>alcuni <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lienti <span class=\"_ _5\"></span>gestiti <span class=\"_ _5\"></span>direttamen<span class=\"_ _0\"></span>te <span class=\"_ _5\"></span>dalla <span class=\"_ _d\"></span>direz<span class=\"_ _0\"></span>ione, <span class=\"_ _5\"></span>cui <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono poi <span class=\"_ _b\"> </span>offerte <span class=\"_ _b\"> </span>le <span class=\"_ _b\"> </span>condizioni <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>tandard <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>anale <span class=\"_ _b\"> </span>relativ<span class=\"_ _0\"></span>amente <span class=\"_ _b\"> </span>a <span class=\"_ _a\"> </span>t<span class=\"_ _0\"></span>ermini <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>pagamen<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>e consegna. <span class=\"_ _d\"></span>L'a<span class=\"_ _0\"></span>nalisi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>affid<span class=\"_ _0\"></span>abilit\u00e0 <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>asa <span class=\"_ _d\"></span>su <span class=\"_ _d\"></span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>rat<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ommerc<span class=\"_ _0\"></span>iali <span class=\"_ _d\"></span>e, se <span class=\"_ _3\"></span>disponibi<span class=\"_ _0\"></span>li, <span class=\"_ _3\"></span>analisi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>bilancio. <span class=\"_ _3\"></span>Per <span class=\"_ _d\"></span>ciascun <span class=\"_ _d\"></span>cliente <span class=\"_ _d\"></span>vengono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tabiliti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>limiti <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>acquisto, rappresentativi <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>linea <span class=\"_\"> </span>di <span class=\"_\"> </span>credito <span class=\"_\"> </span>mass<span class=\"_ _0\"></span>ima; <span class=\"_\"> </span>esposizion<span class=\"_ _0\"></span>i <span class=\"_\"> </span>oltre <span class=\"_\"> </span>il <span class=\"_\"> </span>fido <span class=\"_\"> </span>accordato <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o soggette a livell<span class=\"_ _0\"></span>i di autorizz<span class=\"_ _0\"></span>azione delle funz<span class=\"_ _0\"></span>ioni a ci\u00f2 <span class=\"_ _0\"></span>delegate. <span class=\"_ _0\"></span> Si <span class=\"_ _f\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _f\"> </span>che <span class=\"_ _1\"> </span>nell\u2019amb<span class=\"_ _0\"></span>ito <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>processo <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>delega, <span class=\"_ _f\"> </span>nec<span class=\"_ _0\"></span>essario <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>normale svolgimento <span class=\"_ _0\"></span>dell\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _0\"></span>commercia<span class=\"_ _0\"></span>le, <span class=\"_ _0\"></span>i res<span class=\"_ _0\"></span>ponsabi<span class=\"_ _0\"></span>li di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>funzione, <span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>o nor<span class=\"_ _0\"></span>male c<span class=\"_ _0\"></span>ondivis<span class=\"_ _0\"></span>ione con il vertice <span class=\"_ _0\"></span>aziendale e<span class=\"_ _0\"></span> nell\u2019ambito <span class=\"_ _0\"></span>degli obiettiv<span class=\"_ _0\"></span>i di budge<span class=\"_ _0\"></span>t, hanno la <span class=\"_ _0\"></span>facolt\u00e0 di <span class=\"_ _0\"></span>autorizzare<span class=\"_ _0\"></span> sconfinamenti <span class=\"_ _0\"></span>di fido o sb<span class=\"_ _0\"></span>locchi di ordini/cons<span class=\"_ _0\"></span>egne e di def<span class=\"_ _0\"></span>inire le cond<span class=\"_ _0\"></span>izioni di pagamento.<span class=\"_ _0\"></span> Con <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>magg<span class=\"_ _0\"></span>ioranza <span class=\"_ _d\"></span>dei <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>ienti, <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>intr<span class=\"_ _0\"></span>attiene <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporti <span class=\"_ _d\"></span>commerciali <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>molto <span class=\"_ _d\"></span>tempo<span class=\"_ _0\"></span>. L'attivit\u00e0 <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>monitor<span class=\"_ _0\"></span>aggio <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>rischi<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>credito <span class=\"_ _a\"> </span>verso <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>clienti <span class=\"_ _a\"> </span>avvi<span class=\"_ _0\"></span>ene <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>una<span class=\"_ _0\"></span> reportistica <span class=\"_ _13\"> </span>che <span class=\"_ _13\"> </span>prevede<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>ana<span class=\"_ _0\"></span>lisi <span class=\"_ _13\"> </span>della <span class=\"_ _13\"> </span>situazione<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>es<span class=\"_ _0\"></span>positoria <span class=\"_ _13\"> </span>sulla <span class=\"_ _13\"> </span>bas<span class=\"_ _0\"></span>e <span class=\"_ _11\"> </span>d<span class=\"_ _0\"></span>elle caratteristiche <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>redito, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onsiderando <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>l'altro <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>tratta <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ersone <span class=\"_ _3\"></span>fisich<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pers<span class=\"_ _0\"></span>one giuridiche, <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>dislocazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>geografica, <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>canale <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>apparten<span class=\"_ _0\"></span>enza, <span class=\"_ _e\"> </span>l\u2019anzianit\u00e0 <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>credito <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span> l'esperienza stor<span class=\"_ _0\"></span>ica sui pag<span class=\"_ _0\"></span>amenti.  Si <span class=\"_ _1\"> </span>segnala <span class=\"_ _1\"> </span>che <span class=\"_\"> </span>la <span class=\"_ _f\"> </span>C<span class=\"_ _0\"></span>apogruppo<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>essere <span class=\"_\"> </span>una <span class=\"_ _1\"> </span>polizza <span class=\"_ _1\"> </span>assicurativa <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>garanzia <span class=\"_ _1\"> </span>della<span class=\"_ _0\"></span> validit\u00e0 <span class=\"_\"> </span>ed <span class=\"_\"> </span>es<span class=\"_ _0\"></span>igibilit\u00e0 <span class=\"_\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_\"> </span>propri <span class=\"_\"> </span>crediti <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ommerciali <span class=\"_\"> </span>anc<span class=\"_ _0\"></span>he <span class=\"_\"> </span>oggetto <span class=\"_\"> </span>di <span class=\"_\"> </span>ant<span class=\"_ _0\"></span>icipaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>e/o sconto a vale<span class=\"_ _0\"></span>re sulle event<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>linee di credito <span class=\"_ _0\"></span>autoliqu<span class=\"_ _0\"></span>idanti accordat<span class=\"_ _0\"></span>e, emesse <span class=\"_ _0\"></span>a copertura<span class=\"_ _0\"></span> integrale degli <span class=\"_ _0\"></span>importi finan<span class=\"_ _0\"></span>ziati dalle Banc<span class=\"_ _0\"></span>he Finanzia<span class=\"_ _0\"></span>trici attravers<span class=\"_ _0\"></span>o tali linee.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>accantona<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un <span class=\"_ _5\"></span>fondo <span class=\"_ _d\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>perdite <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iflette <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ima <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>le possibili <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommerciali <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> sug<span class=\"_ _0\"></span>li <span class=\"_ _0\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti, <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>compon<span class=\"_ _0\"></span>enti pr<span class=\"_ _0\"></span>incipali <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono svalutazioni <span class=\"_ _11\"> </span>specific<span class=\"_ _0\"></span>he <span class=\"_ _11\"> </span>individua<span class=\"_ _0\"></span>li <span class=\"_ _10\"> </span>di <span class=\"_ _11\"> </span>espos<span class=\"_ _0\"></span>izioni <span class=\"_ _11\"> </span>scadute <span class=\"_ _11\"> </span>si<span class=\"_ _0\"></span>gnificative <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>sv<span class=\"_ _0\"></span>alutazioni generiche <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>esposizioni <span class=\"_ _10\"> </span>omogen<span class=\"_ _0\"></span>ee <span class=\"_ _9\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>scadenze. <span class=\"_ _10\"> </span>La <span class=\"_ _10\"> </span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>ollettiva <span class=\"_ _10\"> </span>viene determinata <span class=\"_ _e\"> </span>sulla <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>dell'es<span class=\"_ _0\"></span>perienza <span class=\"_ _e\"> </span>storica, <span class=\"_ _5\"> </span>te<span class=\"_ _0\"></span>nendo <span class=\"_ _e\"> </span>anche <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>consideraz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019attuale stato di crisi a<span class=\"_ _0\"></span> livello inter<span class=\"_ _0\"></span>nazionale. Tra <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>commerciali <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>egnala <span class=\"_ _3\"></span>l\u2019esist<span class=\"_ _0\"></span>enza <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>liente <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo appartenente <span class=\"_ _11\"> </span>al <span class=\"_ _10\"> </span>ca<span class=\"_ _0\"></span>nale <span class=\"_ _11\"> </span>affiliati <span class=\"_ _11\"> </span>il <span class=\"_ _10\"> </span>cui <span class=\"_ _11\"> </span>credito, <span class=\"_ _11\"> </span>pari <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>1,<span class=\"_ _0\"></span>1 <span class=\"_ _10\"> </span>milioni <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _11\"> </span>\u00e8 <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>tato completamente <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>valutato <span class=\"_ _3\"></span>a segu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>dichiaraz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>limento <span class=\"_ _0\"></span>avvenuta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>dicembre 2018.  In <span class=\"_ _d\"></span>nota <span class=\"_ _d\"></span>6.2.1, <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>fornite <span class=\"_ _5\"></span>le <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormazioni <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uantitative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ull'esposizione <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _5\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>redito per quanto riguar<span class=\"_ _0\"></span>da i credit<span class=\"_ _0\"></span>i commercial<span class=\"_ _0\"></span>i e gli altri cred<span class=\"_ _0\"></span>iti, richieste <span class=\"_ _0\"></span>dall'IFRS 7.<span class=\"_ _0\"></span> Attivit\u00e0 finanz<span class=\"_ _0\"></span>iarie disponibi<span class=\"_ _0\"></span>li alla negoziazi<span class=\"_ _0\"></span>one In <span class=\"_ _1\"> </span>tale <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _1\"> </span>r<span class=\"_ _0\"></span>ientrano <span class=\"_\"> </span>investimenti <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _1\"> </span>titoli <span class=\"_\"> </span>azionari <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_\"> </span>quotate, <span class=\"_ _1\"> </span>obbligaz<span class=\"_ _0\"></span>ioni emesse da soc<span class=\"_ _0\"></span>iet\u00e0 ad e<span class=\"_ _0\"></span>levato rat<span class=\"_ _0\"></span>ing, fondi az<span class=\"_ _0\"></span>ionari ed<span class=\"_ _0\"></span> obbligazionar<span class=\"_ _0\"></span>i<span class=\"fc0\">.</span> In consegu<span class=\"_ _0\"></span>enza della natura, <span class=\"_ _a\"> </span>dell\u2019importo <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ating <span class=\"_\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _a\"> </span>emittenti, <span class=\"_ _a\"> </span>i <span class=\"_\"> </span>rischi <span class=\"_\"> </span>di<span class=\"_ _0\"></span> <span class=\"_\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_\"> </span>legat<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>alla <span class=\"_\"> </span>possibi<span class=\"_ _0\"></span>le inadempienza <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>mittenti <span class=\"_ _d\"></span>strumenti <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari, <span class=\"_ _d\"></span>iscritti <span class=\"_ _d\"></span>nell\u2019attivo <span class=\"_ _d\"></span>circolante <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>voc<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Attivit\u00e0<span class=\"_ _0\"></span> finanziarie a<span class=\"_ _0\"></span>l fair value imput<span class=\"_ _0\"></span>ato a con<span class=\"_ _0\"></span>to economico, s<span class=\"_ _0\"></span>ono ritenuti <span class=\"_ _0\"></span>non significativ<span class=\"_ _0\"></span>i. Altre attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie e c<span class=\"_ _0\"></span>rediti finanziari<span class=\"_ _0\"></span> Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _3\"></span>S.p.A.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>1.150<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>preve<span class=\"_ _0\"></span>deva <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>decor<span class=\"_ _0\"></span>rere <span class=\"_ _d\"></span>dalla <span class=\"_ _3\"></span>data del <span class=\"_ _3\"></span>30 <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>calcola<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>ad <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tass<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>500 <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>unti <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>anno, <span class=\"_ _d\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>un anno di 365 g<span class=\"_ _0\"></span>iorni, per il nu<span class=\"_ _0\"></span>mero effettivo di<span class=\"_ _0\"></span> giorni tras<span class=\"_ _0\"></span>corsi.  Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1.2<span class=\"_ _0\"></span>07 migliaia di<span class=\"_ _0\"></span> Euro. Garanzie prest<span class=\"_ _0\"></span>ate, impegn<span class=\"_ _0\"></span>i e altre pas<span class=\"_ _0\"></span>sivit\u00e0 potenziali<span class=\"_ _0\"></span> Garanzie prest<span class=\"_ _0\"></span>ate Al <span class=\"_\"> </span>3<span class=\"_ _2\"></span>1 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 <span class=\"_\"> </span>i<span class=\"_ _2\"></span>l <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_\"> </span>essere <span class=\"_ _1\"> </span>fid<span class=\"_ _0\"></span>eiussioni <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>fav<span class=\"_ _0\"></span>ore <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>ter<span class=\"_ _0\"></span>zi <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>utenze<span class=\"_ _0\"></span> energetiche, <span class=\"_ _0\"></span>cauzion<span class=\"_ _0\"></span>i doga<span class=\"_ _0\"></span>nali, co<span class=\"_ _0\"></span>ncession<span class=\"_ _0\"></span>i pubbl<span class=\"_ _0\"></span>iche <span class=\"_ _0\"></span>e contra<span class=\"_ _0\"></span>tti d'af<span class=\"_ _0\"></span>fitto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>azienda p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>1,9 milioni di Euro (<span class=\"_ _0\"></span>1,9 milioni d<span class=\"_ _0\"></span>i Euro al 31 d<span class=\"_ _0\"></span>icembre 2021<span class=\"_ _0\"></span>). Il fair value d<span class=\"_ _0\"></span>elle garanzie <span class=\"_ _0\"></span>e degli im<span class=\"_ _0\"></span>pegni di cui sopr<span class=\"_ _0\"></span>a \u00e8 pari a z<span class=\"_ _0\"></span>ero. Altri contratti e d<span class=\"_ _0\"></span>iritti contr<span class=\"_ _0\"></span>attuali rilevanti<span class=\"_ _0\"></span> Contratti di lice<span class=\"_ _0\"></span>nza Al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>licenz<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>terzi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>adenza nel <span class=\"_ _0\"></span>2023. <span class=\"_ _0\"></span>Ta<span class=\"_ _0\"></span>li c<span class=\"_ _0\"></span>ontratti <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>edono <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>ricon<span class=\"_ _0\"></span>oscimento<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>licenzia<span class=\"_ _0\"></span>nti d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>royalt<span class=\"_ _0\"></span>ies <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpensi <span class=\"_ _0\"></span>in percentuale <span class=\"_ _d\"></span>sul <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>atturato <span class=\"_ _d\"></span>netto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _d\"></span>vendite<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _d\"></span>re<span class=\"_ _0\"></span>lative <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ollezioni, <span class=\"_ _d\"></span>ta<span class=\"_ _0\"></span>lvolta <span class=\"_ _d\"></span>con degli importi mi<span class=\"_ _0\"></span>nimi garantit<span class=\"_ _0\"></span>i annuali. Tali <span class=\"_ _5\"></span>minim<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>g<span class=\"_ _0\"></span>arantiti <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"> </span>dov<span class=\"_ _0\"></span>uti <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>caso <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>resc<span class=\"_ _0\"></span>issione <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>anno <span class=\"_ _5\"> </span>in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _5\"> </span>lo stesso viene res<span class=\"_ _0\"></span>cisso e quello s<span class=\"_ _0\"></span>uccessivo.<span class=\"_ _0\"></span> In <span class=\"_\"> </span>ogni <span class=\"_ _a\"> </span>caso <span class=\"_\"> </span>il <span class=\"_\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_\"> </span>la <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ibilit\u00e0 <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>uscire <span class=\"_\"> </span>unilat<span class=\"_ _0\"></span>eralmente <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>al <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_\"> </span>senz<span class=\"_ _0\"></span>a corrispondere <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>minimi<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>cui <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>opra <span class=\"_\"> </span>nel <span class=\"_ _1\"> </span>caso<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>in <span class=\"_\"> </span>cui <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>licenz<span class=\"_ _0\"></span>iatario <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>adem<span class=\"_ _0\"></span>pisse <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>gli obblighi <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>trattuali <span class=\"_ _9\"> </span>consistenti <span class=\"_ _9\"> </span>nello <span class=\"_ _9\"> </span>svolgimento <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>alcune <span class=\"_ _8\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _8\"> </span>op<span class=\"_ _0\"></span>erative <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la realizzazione de<span class=\"_ _0\"></span>i prodotti oggett<span class=\"_ _0\"></span>o della licenz<span class=\"_ _0\"></span>a. Cessioni di cr<span class=\"_ _0\"></span>editi A <span class=\"_ _1\"> </span>sos<span class=\"_ _0\"></span>tegno <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>esige<span class=\"_ _0\"></span>nze <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>posto <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>ess<span class=\"_ _0\"></span>ere <span class=\"_\"> </span>operazioni <span class=\"_ _1\"> </span>di<span class=\"_ _0\"></span> cessione <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>venut<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _d\"></span>pro <span class=\"_ _d\"></span>soluto. <span class=\"_ _d\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>crediti, <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>circ<span class=\"_ _0\"></span>a 13 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>liminati <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Facto<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>netto<span class=\"_ _0\"></span> di interessi per c<span class=\"_ _0\"></span>irca 486 mi<span class=\"_ _0\"></span>gliaia di Euro, \u00e8<span class=\"_ _0\"></span> stato conta<span class=\"_ _0\"></span>bilizzato tra l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide.  Passivit\u00e0 potenzi<span class=\"_ _0\"></span>ali Il <span class=\"_ _3\"></span>Gruppo, <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>perando <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>livello <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>espos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>numerosi <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>legali, <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>norme <span class=\"_ _3\"></span>a tutela della <span class=\"_ _0\"></span>concorrenz<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>di ambiente <span class=\"_ _0\"></span>e in <span class=\"_ _0\"></span>materia f<span class=\"_ _0\"></span>iscale o c<span class=\"_ _0\"></span>ontributiva. <span class=\"_ _0\"></span>\u00c8 possibil<span class=\"_ _0\"></span>e che gli<span class=\"_ _0\"></span> esiti <span class=\"_ _b\"> </span>giud<span class=\"_ _0\"></span>iziari <span class=\"_ _b\"> </span>pos<span class=\"_ _0\"></span>sano <span class=\"_ _14\"> </span>determinare <span class=\"_ _14\"> </span>o<span class=\"_ _0\"></span>neri <span class=\"_ _b\"> </span>non <span class=\"_ _14\"> </span>copert<span class=\"_ _0\"></span>i, <span class=\"_ _b\"> </span>o <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>totalmente <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>operti, <span class=\"_ _b\"> </span>da indennizzi <span class=\"_ _e\"> </span>assicurat<span class=\"_ _0\"></span>ivi <span class=\"_ _e\"> </span>aventi <span class=\"_ _e\"> </span>pertan<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>effetti <span class=\"_ _e\"> </span>sulla <span class=\"_ _e\"> </span>si<span class=\"_ _0\"></span>tuazione <span class=\"_ _e\"> </span>fina<span class=\"_ _0\"></span>nziaria <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>sui <span class=\"_ _e\"> </span>ris<span class=\"_ _0\"></span>ultati <span class=\"_ _e\"> </span>del Gruppo. <span class=\"_\"> </span>Alla <span class=\"_ _1\"> </span>data <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>bilan<span class=\"_ _0\"></span>cio <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>Gruppo <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>ha <span class=\"_\"> </span>passivit\u00e0 <span class=\"_ _1\"> </span>potenz<span class=\"_ _0\"></span>iali <span class=\"_\"> </span>tali <span class=\"_ _1\"> </span>da <span class=\"_\"> </span>necessitare stanziamenti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>fondi <span class=\"_ _e\"> </span>rischi <span class=\"_ _e\"> </span>ed <span class=\"_ _e\"> </span>oneri <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>quanto <span class=\"_ _e\"> </span>ritiene <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>vi <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ia <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>esborso <span class=\"_ _e\"> </span>probabile <span class=\"_ _e\"> </span>di risorse.  Laddove <span class=\"_ _d\"></span>sia <span class=\"_ _5\"></span>probabile <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sar\u00e0 <span class=\"_ _d\"></span>dovut<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>esbor<span class=\"_ _0\"></span>so <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>risor<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>adempi<span class=\"_ _0\"></span>ere <span class=\"_ _d\"></span>a delle <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>tale <span class=\"_ _5\"></span>importo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sia <span class=\"_ _5\"></span>sti<span class=\"_ _0\"></span>mabile <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>modo <span class=\"_ _5\"></span>attendibile,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _d\"></span>ha <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>ffettuato<span class=\"_ _0\"></span> specifici accanto<span class=\"_ _0\"></span>namenti a <span class=\"_ _0\"></span>fondi rischi <span class=\"_ _0\"></span>ed oneri (vedi <span class=\"_ _0\"></span>Nota 24).  <span class=\"_ _0\"></span> 6.1.2 Rischio di liquidit\u00e0 Il <span class=\"_ _0\"></span>rischio <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>liquidit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>abbia <span class=\"_ _3\"></span>difficolt\u00e0 <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>adempier<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alle <span class=\"_ _3\"></span>obbligazioni associate <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziarie. <span class=\"_ _a\"> </span>L\u2019approccio <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>Gruppo<span class=\"_ _0\"></span> <span class=\"_\"> </span>nella <span class=\"_ _a\"> </span>gestione <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>liquid<span class=\"_ _0\"></span>it\u00e0 prevede <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>g<span class=\"_ _0\"></span>arantire, <span class=\"_ _b\"> </span>per <span class=\"_ _a\"> </span>quanto <span class=\"_ _a\"> </span>poss<span class=\"_ _0\"></span>ibile, <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _a\"> </span>vi<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>siano <span class=\"_ _a\"> </span>sem<span class=\"_ _0\"></span>pre <span class=\"_ _a\"> </span>fondi <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _a\"> </span>per adempiere <span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oprie <span class=\"_ _0\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>alla s<span class=\"_ _0\"></span>cadenz<span class=\"_ _0\"></span>a, s<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _0\"></span>normali <span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tensione finanziaria, <span class=\"_ _5\"></span>senz<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>dover <span class=\"_ _5\"></span>sostenere <span class=\"_ _5\"> </span>oner<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ignificativi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>rischiare <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>anneggiare <span class=\"_ _5\"></span>la <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ia reputazione, <span class=\"_ _1\"> </span>grazie <span class=\"_ _1\"> </span>anche <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>sup<span class=\"_ _0\"></span>porto <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>forn<span class=\"_ _0\"></span>itori <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _1\"> </span>hanno <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onsentito <span class=\"_ _1\"> </span>di adottare una <span class=\"_ _0\"></span>leva finanziar<span class=\"_ _0\"></span>ia ritardando i <span class=\"_ _0\"></span>pagamenti d<span class=\"_ _0\"></span>ovuti. I maggiori f<span class=\"_ _0\"></span>abbisog<span class=\"_ _0\"></span>ni di cas<span class=\"_ _0\"></span>sa s<span class=\"_ _0\"></span>i evidenziano, per<span class=\"_ _0\"></span> effett<span class=\"_ _0\"></span>o della <span class=\"_ _0\"></span>stagionalit\u00e0 <span class=\"_ _0\"></span>del busi<span class=\"_ _0\"></span>ness, <span class=\"_ _0\"></span>nel periodo compreso tr<span class=\"_ _0\"></span>a i mes<span class=\"_ _0\"></span>i di maggio <span class=\"_ _0\"></span>e settembre. Generalmente, <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>assicura <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>vi <span class=\"_ _3\"></span>siano <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0 <span class=\"_ _3\"></span>liqu<span class=\"_ _0\"></span>ide <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>vista <span class=\"_ _3\"></span>suf<span class=\"_ _0\"></span>ficienti <span class=\"_ _3\"></span>per coprire <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>necessit<span class=\"_ _0\"></span>\u00e0 <span class=\"_\"> </span>generate <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_\"> </span>ciclo <span class=\"_ _1\"> </span>oper<span class=\"_ _0\"></span>ativo <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>dagli <span class=\"_\"> </span>investimenti, <span class=\"_\"> </span>compre<span class=\"_ _0\"></span>si <span class=\"_\"> </span>i<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>cos<span class=\"_ _0\"></span>ti relativi <span class=\"_ _a\"> </span>alle <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziarie. <span class=\"_ _a\"> </span>I <span class=\"_ _a\"> </span>servizi <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>tesoreria <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _a\"> </span>effettua<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>modo continuativo <span class=\"_ _3\"></span>previsi<span class=\"_ _0\"></span>oni <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _3\"></span>basate <span class=\"_ _3\"></span>sulle <span class=\"_ _3\"></span>entrate <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>cite <span class=\"_ _3\"></span>attese <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>mesi <span class=\"_ _3\"></span>successivi<span class=\"_ _0\"></span> e <span class=\"_ _e\"> </span>adottano <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>conseg<span class=\"_ _0\"></span>uenti <span class=\"_ _e\"> </span>azioni <span class=\"_ _e\"> </span>corr<span class=\"_ _0\"></span>ettive. <span class=\"_ _e\"> </span>Tuttavia,<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>resta <span class=\"_ _e\"> </span>escluso <span class=\"_ _e\"> </span>l\u2019effett<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>potenzia<span class=\"_ _0\"></span>le <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i circostanze <span class=\"_ _f\"> </span>estreme <span class=\"_ _e\"> </span>che <span class=\"_ _f\"> </span>non <span class=\"_ _e\"> </span>possono <span class=\"_ _f\"> </span>esser <span class=\"_ _e\"> </span>ragione<span class=\"_ _0\"></span>volmente <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>iste, <span class=\"_ _e\"> </span>qual<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>le <span class=\"_ _f\"> </span>calamit\u00e0 naturali.  Si rinv<span class=\"_ _0\"></span>ia a<span class=\"_ _0\"></span>ltres\u00ec <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>paragrafo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dedicato <span class=\"_ _0\"></span>alla c<span class=\"_ _0\"></span>ontinuit\u00e0 <span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>endale p<span class=\"_ _0\"></span>er gl<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ulteriori <span class=\"_ _0\"></span>aspetti <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> al rischio liqui<span class=\"_ _0\"></span>dit\u00e0. 6.1.3 Rischio di mercato Il <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>ri<span class=\"_ _0\"></span>schio <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _f\"> </span>futuri <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>uno <span class=\"_ _f\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iario fluttuino <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>prezzi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>mercato <span class=\"_ _e\"> </span>per <span class=\"_ _5\"></span>effetto <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>variazi<span class=\"_ _0\"></span>oni <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"> </span>tassi <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> cambio, <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>interesse <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>ad <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>rezzo. <span class=\"_ _1\"> </span>L\u2019obiet<span class=\"_ _0\"></span>tivo <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>gestione <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>rischio <span class=\"_ _1\"> </span>di mercato <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>gestione <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>controllo <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019esposizione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>tal<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>risch<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>ntro <span class=\"_ _d\"></span>livelli accettabili ott<span class=\"_ _0\"></span>imizzando, allo <span class=\"_ _0\"></span>stesso tempo, <span class=\"_ _0\"></span>il rendimen<span class=\"_ _0\"></span>to degli investi<span class=\"_ _0\"></span>menti. Rischio di cambi<span class=\"_ _0\"></span>o Il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>op<span class=\"_ _0\"></span>era <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>ernazionalment<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sia <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _d\"></span>ac<span class=\"_ _0\"></span>quirente <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>merc<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>e <span class=\"_ _5\"></span>lavorazioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ome venditore <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>propri <span class=\"_ _0\"></span>prodotti<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ervizi ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>quindi <span class=\"_ _0\"></span>espos<span class=\"_ _0\"></span>to al <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutario d<span class=\"_ _0\"></span>erivante <span class=\"_ _0\"></span>dalle<span class=\"_ _0\"></span> fluttuazioni <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _a\"> </span>valute <span class=\"_ _b\"> </span>con <span class=\"_ _a\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>avvengono <span class=\"_ _a\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>trans<span class=\"_ _0\"></span>azioni <span class=\"_ _a\"> </span>commerciali<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>(soprattutto <span class=\"_ _a\"> </span>g<span class=\"_ _0\"></span>li acquisti), <span class=\"_\"> </span>in<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>particol<span class=\"_ _0\"></span>are <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>dollaro <span class=\"_\"> </span>statunitense. <span class=\"_ _1\"> </span>\u00c8 <span class=\"_\"> </span>p<span class=\"_ _2\"></span>olitica <span class=\"_\"> </span>del <span class=\"_ _f\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_\"> </span> <span class=\"_ _f\"> </span>fronte<span class=\"_ _0\"></span>ggiare, <span class=\"_ _1\"> </span>ove possibile, <span class=\"_ _f\"> </span>quest<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>rischi <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ediante <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>copert<span class=\"_ _0\"></span>ura <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>termine <span class=\"_ _1\"> </span>delle <span class=\"_ _f\"> </span>singo<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>posizioni <span class=\"_ _1\"> </span>valutarie attive e <span class=\"_ _0\"></span>passive <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>iste a <span class=\"_ _0\"></span>date <span class=\"_ _0\"></span>future; <span class=\"_ _0\"></span>la co<span class=\"_ _0\"></span>pertura,<span class=\"_ _0\"></span> che t<span class=\"_ _0\"></span>iene c<span class=\"_ _0\"></span>onto s<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>el cambio <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>isto a <span class=\"_ _d\"></span>bud<span class=\"_ _0\"></span>get <span class=\"_ _5\"></span>sia <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>aspettat<span class=\"_ _0\"></span>ive <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>andame<span class=\"_ _0\"></span>nto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ambi, <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"> </span>attu<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>totali<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle posizioni <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>a, <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>tener <span class=\"_ _5\"> </span>conto <span class=\"_ _5\"></span>delle <span class=\"_ _5\"> </span>pos<span class=\"_ _0\"></span>sibili <span class=\"_ _5\"></span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>dell\u2019<span class=\"_ _0\"></span>entit\u00e0 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _5\"></span>transazioni <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ispetto alle pr<span class=\"_ _0\"></span>evisioni <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>poter<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>fruttare <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mmercialmente <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ventuali v<span class=\"_ _0\"></span>ariazi<span class=\"_ _0\"></span>oni de<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>ambio, <span class=\"_ _0\"></span>vien<span class=\"_ _0\"></span>e coperta <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>perc<span class=\"_ _0\"></span>entuale <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>fl<span class=\"_ _0\"></span>ussi <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>tesi <span class=\"_ _3\"></span>nei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>successivi <span class=\"_ _d\"></span>12 <span class=\"_ _3\"></span>mesi; <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>perc<span class=\"_ _0\"></span>entuale scende <span class=\"_ _d\"></span>man <span class=\"_ _5\"></span>mano <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>manifestazione <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>utura <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>flussi <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>allontana <span class=\"_ _5\"></span>nel <span class=\"_ _d\"></span>tempo.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>Per <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>parte non <span class=\"_ _1\"> </span>coperta, <span class=\"_\"> </span>si <span class=\"_ _1\"> </span>determinano <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _1\"> </span>differenze <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>cambio <span class=\"_ _1\"> </span>rispetto <span class=\"_\"> </span>ai <span class=\"_ _f\"> </span>cam<span class=\"_ _0\"></span>bi <span class=\"_ _1\"> </span>registrati <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>he impattano il conto <span class=\"_ _0\"></span>economi<span class=\"_ _0\"></span>co. Ove <span class=\"_ _5\"> </span>non <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"></span>poss<span class=\"_ _0\"></span>ibile, <span class=\"_ _5\"> </span>si <span class=\"_ _e\"> </span>fronteg<span class=\"_ _0\"></span>gia <span class=\"_ _5\"></span>il <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>ca<span class=\"_ _0\"></span>mbio <span class=\"_ _5\"> </span>mediant<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _e\"> </span>degli <span class=\"_ _5\"></span>antici<span class=\"_ _0\"></span>pi all\u2019importazione <span class=\"_ _11\"> </span>delle <span class=\"_ _10\"> </span>singol<span class=\"_ _0\"></span>e <span class=\"_ _10\"> </span>posizioni <span class=\"_ _11\"> </span>valutarie <span class=\"_ _11\"> </span>passive <span class=\"_ _10\"> </span>prev<span class=\"_ _0\"></span>iste <span class=\"_ _10\"> </span>a <span class=\"_ _10\"> </span>da<span class=\"_ _0\"></span>te <span class=\"_ _10\"> </span>future; <span class=\"_ _10\"> </span>l<span class=\"_ _0\"></span>a copertura, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>tien<span class=\"_ _0\"></span>e <span class=\"_\"> </span>con<span class=\"_ _0\"></span>to <span class=\"_\"> </span>sia <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>cam<span class=\"_ _0\"></span>bio <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>evisto<span class=\"_ _0\"></span> <span class=\"_\"> </span>a <span class=\"_ _a\"> </span>budget, <span class=\"_\"> </span>sia <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>as<span class=\"_ _0\"></span>pettative <span class=\"_ _a\"> </span>di andamento <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>camb<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>attuata<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>volta<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>olta <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _d\"></span>ogn<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ingolo <span class=\"_ _5\"></span>anticipo <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>funz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el cambio <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>egistrato <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>aspettat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>future. <span class=\"_ _0\"></span>Anche <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>esto <span class=\"_ _3\"></span>caso <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>differenze <span class=\"_ _3\"></span>di cambio che s<span class=\"_ _0\"></span>i determinano <span class=\"_ _0\"></span>rispetto ai ca<span class=\"_ _0\"></span>mbi registrati im<span class=\"_ _0\"></span>pattano il cont<span class=\"_ _0\"></span>o economic<span class=\"_ _0\"></span>o. Rischio tass<span class=\"_ _0\"></span>o di interesse Esso <span class=\"_ _5\"></span>afferisce <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>particolar<span class=\"_ _0\"></span>e, <span class=\"_ _5\"></span>quanto <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>finan<span class=\"_ _0\"></span>ziarie <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>etenute <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>negoz<span class=\"_ _0\"></span>iazione, agli <span class=\"_ _d\"></span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _d\"></span>che <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>variazioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>nei <span class=\"_ _d\"></span>t<span class=\"_ _0\"></span>assi <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>hanno <span class=\"_ _5\"></span>sul <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>ezzo <span class=\"_ _5\"></span>delle <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>ddette <span class=\"_ _5\"></span>attivit\u00e0; svalutazioni <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ivalutazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ezzi <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>tal<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>addebitate/ac<span class=\"_ _0\"></span>creditate <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>conto economico. <span class=\"_\"> </span>Quanto <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nvec<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>alle <span class=\"_\"> </span>passivit\u00e0 <span class=\"_\"> </span>finanziarie, <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>rischio <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>var<span class=\"_ _0\"></span>iazioni <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>tassi <span class=\"_\"> </span>di interesse <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>effetti <span class=\"_ _3\"></span>sul <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>deter<span class=\"_ _0\"></span>minand<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nor <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>magg<span class=\"_ _0\"></span>ior <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>oneri<span class=\"_ _0\"></span> finanziari. Non esistono s<span class=\"_ _0\"></span>trumenti a c<span class=\"_ _0\"></span>opertura de<span class=\"_ _0\"></span>l rischio oscillaz<span class=\"_ _0\"></span>ione del tas<span class=\"_ _0\"></span>so di interesse.<span class=\"_ _0\"></span> Altri rischi di pr<span class=\"_ _0\"></span>ezzo Riguardano <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>possibil<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>fair <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lue <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>uno <span class=\"_ _e\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanziario <span class=\"_ _e\"> </span>poss<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ariare <span class=\"_ _e\"> </span>per motivi differenti <span class=\"_ _0\"></span>dal variare <span class=\"_ _0\"></span>dei tassi di i<span class=\"_ _0\"></span>nteresse o d<span class=\"_ _0\"></span>i cambio.  Il Gruppo non <span class=\"_ _0\"></span>\u00e8 esposto a t<span class=\"_ _0\"></span>ali rischi. 6.2 Esposizione al rischio  6.2.1 Rischio di credito Il valore c<span class=\"_ _0\"></span>ontabile delle a<span class=\"_ _0\"></span>ttivit\u00e0 fina<span class=\"_ _0\"></span>nziarie rappres<span class=\"_ _0\"></span>enta l\u2019es<span class=\"_ _0\"></span>posizione m<span class=\"_ _0\"></span>assima del <span class=\"_ _0\"></span>Gruppo a<span class=\"_ _0\"></span>l rischio di cred<span class=\"_ _0\"></span>ito. Alla data <span class=\"_ _0\"></span>di chiusura del<span class=\"_ _0\"></span>l\u2019esercizio tal<span class=\"_ _0\"></span>e esposizione er<span class=\"_ _0\"></span>a la seguente:<span class=\"_ _0\"></span> 2022<span class=\"_ _10c\"> </span>2021Svalutazioni Svalutazioni<span class=\"_ _0\"></span> Valori l<span class=\"_ _0\"></span>ordiValori lordi(in migliaia di Euro)Attualizzaz.Attualizzaz.Attivit\u00e0 finanziarie correnti<span class=\"_ _0\"></span> e non co<span class=\"_ _0\"></span>rrentiAttivit\u00e0 finanzia<span class=\"_ _0\"></span>rie al<span class=\"_ _0\"></span> fair value <span class=\"_ _0\"></span>rilevato a conto ec<span class=\"_ _0\"></span>onomic<span class=\"_ _0\"></span>o-<span class=\"_ _124\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _2f\"> </span>-<span class=\"_ _125\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _126\"> </span>-<span class=\"_ _127\"></span>       <span class=\"_ _0\"></span>      <span class=\"_ _29\"> </span>-<span class=\"_ _128\"></span>              Crediti comm<span class=\"_ _0\"></span>ercial<span class=\"_ _0\"></span>i 16.852(4.140)21.879(4.621)Crediti fin<span class=\"_ _0\"></span>anziari verso <span class=\"_ _0\"></span>controllant<span class=\"_ _0\"></span>e--1.179-Crediti fin<span class=\"_ _0\"></span>anziari verso <span class=\"_ _0\"></span>correlate----Disponib<span class=\"_ _0\"></span>ilit\u00e0 liqui<span class=\"_ _0\"></span>de e m<span class=\"_ _0\"></span>ezzi equivalenti16.177-25.311-Altri credit<span class=\"_ _0\"></span>i8.921-5.716-Contratti a<span class=\"_ _0\"></span> termine <span class=\"_ _0\"></span>su camb<span class=\"_ _0\"></span>i:----Attivit\u00e0 per <span class=\"_ _0\"></span>derivati----41.950(4.140)54.085(4.621)La <span class=\"_ _e\"> </span>voce <span class=\"_ _f\"> </span>\u201cCrediti <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mmerci<span class=\"_ _0\"></span>ali\u201d <span class=\"_ _e\"> </span>inc<span class=\"_ _0\"></span>ludeva <span class=\"_ _e\"> </span>nel<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>precedente <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>credit<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>verso<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>parte correlata <span class=\"_ _3\"></span>Descamps <span class=\"_ _3\"></span>SAS <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>complessivi <span class=\"_ _3\"></span>5.91<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span>(al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>attualizz<span class=\"_ _0\"></span>azioni 598 migliaia d<span class=\"_ _0\"></span>i Euro), princi<span class=\"_ _0\"></span>palmente derivant<span class=\"_ _0\"></span>i da cess<span class=\"_ _0\"></span>ioni di merci <span class=\"_ _0\"></span>e servizi. I <span class=\"_ _5\"></span>crediti <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontrollante <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>riferiva<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>2021 <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"></span>inte<span class=\"_ _0\"></span>rcompany tra la <span class=\"_ _0\"></span>Vincenz<span class=\"_ _0\"></span>o Zucchi<span class=\"_ _0\"></span> S.p.<span class=\"_ _0\"></span>A. e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>controllan<span class=\"_ _0\"></span>te Zucch<span class=\"_ _0\"></span>i S.p.<span class=\"_ _0\"></span>A.. <span class=\"_ _0\"></span>Come <span class=\"_ _0\"></span>gi\u00e0 segn<span class=\"_ _0\"></span>alato, <span class=\"_ _0\"></span>alla dat<span class=\"_ _0\"></span>a di <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>30 <span class=\"_ _f\"> </span>giugno <span class=\"_ _1\"> </span>2022 <span class=\"_ _f\"> </span>la <span class=\"_ _1\"> </span>controllante <span class=\"_ _f\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _1\"> </span>S.p.A. <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>mborsato <span class=\"_ _1\"> </span>alla Capogruppo <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>un\u2019unica <span class=\"_ _5\"></span>so<span class=\"_ _0\"></span>luzione <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>finanziamento <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>gli <span class=\"_ _d\"></span>inter<span class=\"_ _0\"></span>essi <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>importo<span class=\"_ _0\"></span> complessivo d<span class=\"_ _0\"></span>i 1.207 migliaia d<span class=\"_ _0\"></span>i Euro. Il <span class=\"_ _5\"></span>rischio <span class=\"_ _e\"> </span>massimo <span class=\"_ _e\"> </span>derivant<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>dal<span class=\"_ _0\"></span>l\u2019eventuale <span class=\"_ _5\"></span>es<span class=\"_ _0\"></span>cussione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>garanz<span class=\"_ _0\"></span>ie <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>5,2 <span class=\"_ _e\"> </span>milioni <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> Euro <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>fro<span class=\"_ _0\"></span>nte <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>ideiussioni <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>favore <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>t<span class=\"_ _0\"></span>erzi <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>utenz<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>energetich<span class=\"_ _0\"></span>e, <span class=\"_ _e\"> </span>cauzi<span class=\"_ _0\"></span>oni <span class=\"_ _e\"> </span>doga<span class=\"_ _0\"></span>nali, concessioni <span class=\"_ _5\"></span>pubbliche <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _5\"></span>d'affitto <span class=\"_ _5\"></span>d\u2019aziend<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>loc<span class=\"_ _0\"></span>azioni <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _d\"></span>(6,<span class=\"_ _0\"></span>0 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di Euro al 31 dicem<span class=\"_ _0\"></span>bre 2021).<span class=\"_ _0\"></span> La <span class=\"_ _8\"> </span>m<span class=\"_ _0\"></span>assima <span class=\"_ _9\"> </span>es<span class=\"_ _0\"></span>posizione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>al <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>redito <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>fine <span class=\"_ _9\"> </span>esercizio <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>erivante <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>rediti commerciali, s<span class=\"_ _0\"></span>uddivisa per <span class=\"_ _0\"></span>regione geografica<span class=\"_ _0\"></span>, era la s<span class=\"_ _0\"></span>eguente: 2022<span class=\"_ _10c\"> </span>2021(in migliaia di Euro)Valori lo<span class=\"_ _0\"></span>rdiSvalutazioniValori lo<span class=\"_ _0\"></span>rdiSvalutazioniItalia8.186(3.610)9.985(3.614)Francia2.291(26)6.468(598)Altri paes<span class=\"_ _0\"></span>i europe<span class=\"_ _0\"></span>i5.431(319)5.373(382)Altri paes<span class=\"_ _0\"></span>i extraeuropei944(185)53(27)Totale16.852(4.140)21.879(4.621)La <span class=\"_ _8\"> </span>m<span class=\"_ _0\"></span>assima <span class=\"_ _9\"> </span>es<span class=\"_ _0\"></span>posizione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>al <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>redito <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>fine <span class=\"_ _9\"> </span>esercizio <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>erivante <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>rediti commerciali, s<span class=\"_ _0\"></span>uddivisa per <span class=\"_ _0\"></span>tipologia di client<span class=\"_ _0\"></span>ela (cana<span class=\"_ _0\"></span>le distributivo)<span class=\"_ _0\"></span>, era la segu<span class=\"_ _0\"></span>ente: 2022<span class=\"_ _10c\"> </span>2021(in migliaia di Euro)Valori l<span class=\"_ _0\"></span>ordiSvalutazioniValori lordiSvalutazioniDettaglio e<span class=\"_ _0\"></span> Affiliat<span class=\"_ _0\"></span>i<span class=\"_ _129\"> </span>12.904<span class=\"_ _12a\"></span>          <span class=\"_ _0\"></span> <span class=\"_ _7a\"> </span>(3.233)<span class=\"_ _22\"> </span>10.782<span class=\"_ _124\"></span>   <span class=\"_ _0\"></span>    <span class=\"_ _8a\"> </span>(2.41<span class=\"_ _0\"></span>1)Ingrosso833(42)178(36)Grande Distri<span class=\"_ _0\"></span>b. Organizzata e <span class=\"_ _0\"></span>Promoz.1.583(605)3.949(714)Altri1.532(260)6.970(1.460)Totale16.852(4.140)21.879(4.621)Il canale \u201cAltri\u201d \u00e8 r<span class=\"_ _0\"></span>iferito in par<span class=\"_ _0\"></span>ticolar modo <span class=\"_ _0\"></span>alle vendit<span class=\"_ _0\"></span>e industriali. L\u2019anzianit\u00e0 de<span class=\"_ _0\"></span>i crediti com<span class=\"_ _0\"></span>merciali alla data <span class=\"_ _0\"></span>di bilancio er<span class=\"_ _0\"></span>a la seguente:<span class=\"_ _0\"></span> 2022<span class=\"_ _10c\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Valori lo<span class=\"_ _0\"></span>rdiSvalutazioniValori lord<span class=\"_ _0\"></span>iSvalutazioniNon ancora <span class=\"_ _0\"></span>scaduti12.492(2.018)13.518(2.404)Scaduti da<span class=\"_ _0\"></span> 1-30 gi<span class=\"_ _0\"></span>orni545(6)1.004(20)Scaduti da<span class=\"_ _0\"></span> 31-120 g<span class=\"_ _0\"></span>iorni279(6)2.510(175)Oltre3.536(2.110)4.847(2.022)Totale16.852(4.140)21.879(4.621)I <span class=\"_ _d\"></span>movimenti <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>svalutazione <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>merciali <span class=\"_ _d\"></span>nel <span class=\"_ _d\"></span>corso <span class=\"_ _5\"></span>dell\u2019esercizio <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ati <span class=\"_ _d\"></span>i seguenti: 2022<span class=\"_ _69\"> </span>2021(in migliaia di Euro)Saldo al 1\u00b0 gennai<span class=\"_ _2\"></span>o 4.6215.327Perdita di valore de<span class=\"_ _2\"></span>ll'esercizio 12553Utilizzi dell'esercizio(67)(43)Rilascio dell'e<span class=\"_ _2\"></span>sercizio(720)Differenze di conver<span class=\"_ _2\"></span>sione144Apporto per acqui<span class=\"_ _2\"></span>sizione Descamps45-Eliminazione fon<span class=\"_ _2\"></span>do svalutazione crediti Desca<span class=\"_ _2\"></span>mps(598)-Saldo al 31 dicembre4.1404.621L\u2019utilizzo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>fondo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>svalutazione <span class=\"_ _e\"> </span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>princi<span class=\"_ _0\"></span>palmente <span class=\"_ _e\"> </span>imputabile <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _e\"> </span>stralcio<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>lcuni crediti <span class=\"_ _3\"></span>divenuti <span class=\"_ _3\"></span>inesigib<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>seguito <span class=\"_ _3\"></span>dell\u2019attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>recupero <span class=\"_ _3\"></span>posta <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ess<span class=\"_ _0\"></span>ere <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>l\u2019assistenza<span class=\"_ _0\"></span> del legale. L\u2019eliminazione <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>fondo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _b\"> </span>crediti <span class=\"_ _b\"> </span>verso <span class=\"_ _b\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _b\"> </span>(598 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>Euro<span class=\"_ _0\"></span>) consegue <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>integrale <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>controllata<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>princip<span class=\"_ _0\"></span>iato <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rente <span class=\"_ _0\"></span>eserc<span class=\"_ _0\"></span>izio <span class=\"_ _0\"></span>ed alla realtiva e<span class=\"_ _0\"></span>liminazione d<span class=\"_ _0\"></span>ei crediti e deb<span class=\"_ _0\"></span>iti reciproci. Il <span class=\"_\"> </span>rilascio <span class=\"_ _a\"> </span>dell\u2019esercizio <span class=\"_ _a\"> </span>2021 <span class=\"_\"> </span>comprend<span class=\"_ _0\"></span>eva <span class=\"_\"> </span>638 <span class=\"_ _a\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro, <span class=\"_\"> </span>relativi <span class=\"_ _a\"> </span>alla <span class=\"_\"> </span>corr<span class=\"_ _0\"></span>elata Descamps <span class=\"_\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_\"> </span>di <span class=\"_\"> </span>cui <span class=\"_\"> </span>484 <span class=\"_\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>relat<span class=\"_ _0\"></span>ivi <span class=\"_\"> </span>alla <span class=\"_\"> </span>procedura <span class=\"_\"> </span>di <span class=\"_\"> </span>R\u00e8dr<span class=\"_ _0\"></span>essement judiciaire.   La <span class=\"_ _e\"> </span>perdita <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>val<span class=\"_ _0\"></span>ore <span class=\"_ _f\"> </span>dell'esercizio, <span class=\"_ _f\"> </span>imputata <span class=\"_ _e\"> </span>tr<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>spese <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>vendita <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>determinata <span class=\"_ _f\"> </span>in modo <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>sal<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fond<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>fine <span class=\"_ _d\"></span>dell'eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>rappresen<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>gionevole<span class=\"_ _0\"></span> riduzione <span class=\"_ _e\"> </span>del <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ie <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"> </span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _e\"> </span>ritenuti <span class=\"_ _e\"> </span>inesigibil<span class=\"_ _0\"></span>i. <span class=\"_ _5\"></span>Essa <span class=\"_ _e\"> </span>\u00e8 determinata <span class=\"_\"> </span>sulla <span class=\"_ _a\"> </span>base <span class=\"_\"> </span>di <span class=\"_\"> </span>dati <span class=\"_\"> </span>storici <span class=\"_\"> </span>relativi <span class=\"_\"> </span>al<span class=\"_ _0\"></span>le <span class=\"_\"> </span>perdite <span class=\"_\"> </span>su <span class=\"_\"> </span>crediti <span class=\"_\"> </span>e <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_\"> </span>ragionevoli prospettive <span class=\"_\"> </span>d<span class=\"_ _2\"></span>i <span class=\"_ _1\"> </span>incas<span class=\"_ _0\"></span>so, <span class=\"_ _1\"> </span>applicando <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>tutt<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>i <span class=\"_ _1\"> </span>crediti <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>essere <span class=\"_ _1\"> </span>percentuali <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>svalutazione diverse a seco<span class=\"_ _0\"></span>nda dell\u2019anzi<span class=\"_ _0\"></span>anit\u00e0 del cred<span class=\"_ _0\"></span>ito.  Il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>utilizza <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>fondi <span class=\"_ _a\"> </span>svalutazione <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>riconoscere <span class=\"_ _a\"> </span>le <span class=\"_ _a\"> </span>perdite <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>valore <span class=\"_ _a\"> </span>sui <span class=\"_ _a\"> </span>crediti commerciali; <span class=\"_ _d\"></span>tuttavi<span class=\"_ _0\"></span>a, <span class=\"_ _d\"></span>quando <span class=\"_ _d\"></span>vi <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>certezza <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>sar\u00e0 <span class=\"_ _d\"></span>pos<span class=\"_ _0\"></span>sibile <span class=\"_ _d\"></span>recuperar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>\u2019importo dovuto, <span class=\"_ _e\"> </span>l\u2019ammontar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>consi<span class=\"_ _0\"></span>derato <span class=\"_ _e\"> </span>irrecuperab<span class=\"_ _0\"></span>ile <span class=\"_ _e\"> </span>viene <span class=\"_ _e\"> </span>diret<span class=\"_ _0\"></span>tamente <span class=\"_ _e\"> </span>storna<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>rel<span class=\"_ _0\"></span>ativa attivit\u00e0 f<span class=\"_ _0\"></span>inanziaria c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>contropartita, <span class=\"_ _0\"></span>fino <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>capienza, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>svalutaz<span class=\"_ _0\"></span>ione e, <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l'eventua<span class=\"_ _0\"></span>le eccedenza, il c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico. Per qua<span class=\"_ _0\"></span>nto c<span class=\"_ _0\"></span>oncerne <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>movi<span class=\"_ _0\"></span>menti de<span class=\"_ _0\"></span>l fon<span class=\"_ _0\"></span>do s<span class=\"_ _0\"></span>valutazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>crediti c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i, incl<span class=\"_ _0\"></span>usivo del<span class=\"_ _0\"></span>le attualizzazioni eff<span class=\"_ _0\"></span>ettuate, s<span class=\"_ _0\"></span>i rinvia a q<span class=\"_ _0\"></span>uanto esposto n<span class=\"_ _0\"></span>elle note es<span class=\"_ _0\"></span>plicative al b<span class=\"_ _0\"></span>ilancio. Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>polizza <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>icurativa <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>garanzia <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>validit\u00e0 <span class=\"_ _0\"></span>ed esigibilit\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>pro<span class=\"_ _0\"></span>pri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _d\"></span>commerciali <span class=\"_ _3\"></span>anche <span class=\"_ _3\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>anticipazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e/o <span class=\"_ _3\"></span>sconto <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>valere<span class=\"_ _0\"></span> sulle <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>entual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nee <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dito <span class=\"_ _3\"></span>autoliquidant<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>accordate, <span class=\"_ _3\"></span>emesse <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>pertura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>grale <span class=\"_ _3\"></span>degli importi finanziati <span class=\"_ _0\"></span>dalle Ba<span class=\"_ _0\"></span>nche Finanziatrici <span class=\"_ _0\"></span>attraverso tali<span class=\"_ _0\"></span> linee. 6.2.2 Rischio di liquidit\u00e0 Le <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>adenze <span class=\"_ _3\"></span>contrattuali <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>finanziarie, <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>interessi <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ersare, <span class=\"_ _3\"></span>sono esposte nella t<span class=\"_ _0\"></span>abella segue<span class=\"_ _0\"></span>nte: 31 dicembre 2021Valore Flussi Fin<span class=\"_ _0\"></span>.  0-12 mesi<span class=\"_ _4d\"> </span>1-2 anni<span class=\"_ _3b\"> </span>2-<span class=\"_ _0\"></span>5 anni<span class=\"_ _e4\"> </span>Oltre <span class=\"_ _0\"></span>5 anni(in migliaia di Euro)contabilecontrattualiPassivit\u00e0 finanzi<span class=\"_ _0\"></span>arie non derivateBanche862862862---Leasing f<span class=\"_ _0\"></span>inanziari------Banche a m-<span class=\"_ _0\"></span>l/t17.33317.333807.1707.1762.907Debiti commer<span class=\"_ _0\"></span>ciali e al<span class=\"_ _0\"></span>tri debiti<span class=\"_ _12b\"> </span>30.393<span class=\"_ _a9\"> </span>30.393<span class=\"_ _26\"> </span>29.671<span class=\"_ _12c\"></span>       <span class=\"_ _38\"> </span>299<span class=\"_ _12d\"></span>              <span class=\"_ _0\"></span>  <span class=\"_ _90\"> </span>314<span class=\"_ _12c\"></span>     <span class=\"_ _0\"></span>       <span class=\"_ _d9\"> </span>10<span class=\"_ _0\"></span>9<span class=\"_ _12c\"></span>            Debiti verso altri f<span class=\"_ _0\"></span>inanziator<span class=\"_ _0\"></span>i------Debiti verso altri f<span class=\"_ _0\"></span>inanziator<span class=\"_ _0\"></span>i per Lease30.39230.3926.6825.65112.2245.835Elisione d<span class=\"_ _0\"></span>ebiti------Passivit\u00e0 finanzi<span class=\"_ _0\"></span>arie  derivateInterest ra<span class=\"_ _0\"></span>te swap di copert<span class=\"_ _0\"></span>ura------Contratti a termine su ca<span class=\"_ _0\"></span>mbiFlussi in e<span class=\"_ _0\"></span>ntrata------Flussi in u<span class=\"_ _0\"></span>scita-----31 dicembre 2022Valore Fluss<span class=\"_ _0\"></span>i Fin.  0-12 mes<span class=\"_ _0\"></span>i<span class=\"_ _6d\"> </span>1-2 anni<span class=\"_ _1e\"> </span>2-<span class=\"_ _0\"></span>5 anni<span class=\"_ _e4\"> </span>Oltre 5 anni(in migliaia di Euro)contabi<span class=\"_ _0\"></span>lecontrattualiPassivit\u00e0 finanziar<span class=\"_ _0\"></span>ie non derivateBanche4.6414.6414.641---Leasing finan<span class=\"_ _0\"></span>ziari------Banche a m-l<span class=\"_ _0\"></span>/t16.23916.239-8.5597.680-Debiti commer<span class=\"_ _0\"></span>ciali e alt<span class=\"_ _0\"></span>ri debiti<span class=\"_ _12e\"> </span>43.378<span class=\"_ _12f\"></span>       <span class=\"_ _90\"> </span>43.37<span class=\"_ _0\"></span>8<span class=\"_ _12f\"></span>   <span class=\"_ _2\"></span>    <span class=\"_ _90\"> </span>39.3<span class=\"_ _0\"></span>28<span class=\"_ _12f\"></span>       <span class=\"_ _69\"> </span>2.201<span class=\"_ _130\"></span>           <span class=\"_ _0\"></span>  <span class=\"_ _2a\"> </span>1.<span class=\"_ _0\"></span>849<span class=\"_ _12f\"></span>         <span class=\"_ _23\"> </span>-<span class=\"_ _131\"></span>           <span class=\"_ _0\"></span>  Debiti verso al<span class=\"_ _0\"></span>tri finanziatori653653447206--Debiti verso al<span class=\"_ _0\"></span>tri finanziatori per<span class=\"_ _0\"></span> Lease36.44036.4407.7767.02714.7146.923Elisione deb<span class=\"_ _0\"></span>iti------Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ie  derivateInterest rate <span class=\"_ _0\"></span>swap di copertura------Contratti a termine s<span class=\"_ _0\"></span>u cambiFlussi in<span class=\"_ _0\"></span> entrata------Flussi in<span class=\"_ _0\"></span> uscita-----I flussi futur<span class=\"_ _0\"></span>i indicizzati all\u2019<span class=\"_ _0\"></span>Euribor sono d<span class=\"_ _0\"></span>eterminati in f<span class=\"_ _0\"></span>unzione d<span class=\"_ _0\"></span>ell\u2019ultimo fix<span class=\"_ _0\"></span>ing dell\u2019Euribor.<span class=\"_ _0\"></span> Si evidenzia c<span class=\"_ _0\"></span>he alla data d<span class=\"_ _0\"></span>el 31 dicem<span class=\"_ _0\"></span>bre 2022 non<span class=\"_ _0\"></span> sono in esser<span class=\"_ _0\"></span>e lettere di credit<span class=\"_ _0\"></span>o. Per <span class=\"_ _f\"> </span>ogn<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>u<span class=\"_ _0\"></span>lteriore <span class=\"_ _1\"> </span>informazione <span class=\"_ _f\"> </span>sui <span class=\"_ _1\"> </span>rischi <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>sod<span class=\"_ _0\"></span>disfacimento <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>fabbis<span class=\"_ _0\"></span>ogni <span class=\"_ _1\"> </span>finanziari <span class=\"_ _1\"> </span>si rinvia al paragr<span class=\"_ _0\"></span>afo sulla \u201cContin<span class=\"_ _0\"></span>uit\u00e0 aziendal<span class=\"_ _0\"></span>e\u201d. 6.2.3 Rischio di cambio La <span class=\"_ _f\"> </span>tabella <span class=\"_ _f\"> </span>segue<span class=\"_ _0\"></span>nte <span class=\"_ _f\"> </span>evide<span class=\"_ _0\"></span>nzia <span class=\"_ _f\"> </span>l\u2019esposizion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>rischio <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ambio<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>al valore noziona<span class=\"_ _0\"></span>le:   31/12<span class=\"_ _0\"></span>/2022<span class=\"_ _13a\"> </span> 31/12/2<span class=\"_ _0\"></span>021USD <span class=\"_ _a8\"> </span>CHF<span class=\"_ _cd\"> </span>USD <span class=\"_ _1c\"> </span>CHFCrediti<span class=\"_ _0\"></span> commerc<span class=\"_ _0\"></span>iali<span class=\"_ _132\"> </span>197<span class=\"_ _133\"></span>           <span class=\"_ _0\"></span>     <span class=\"_ _9d\"> </span>40<span class=\"_ _134\"></span>          <span class=\"_ _0\"></span>    <span class=\"_ _ce\"> </span>421<span class=\"_ _135\"></span>           <span class=\"_ _0\"></span>  <span class=\"_ _43\"> </span>1.179<span class=\"_ _134\"></span>    <span class=\"_ _0\"></span>     Debiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali<span class=\"_ _16\"> </span>716<span class=\"_ _133\"></span>               <span class=\"_ _0\"></span> <span class=\"_ _85\"> </span>290<span class=\"_ _134\"></span>          <span class=\"_ _0\"></span>  <span class=\"_ _38\"> </span>362<span class=\"_ _135\"></span>            <span class=\"_ _0\"></span> <span class=\"_ _46\"> </span>172<span class=\"_ _134\"></span> <span class=\"_ _0\"></span>           Espos<span class=\"_ _0\"></span>izione lord<span class=\"_ _0\"></span>a nel pr<span class=\"_ _0\"></span>ospetto de<span class=\"_ _0\"></span>lla situa<span class=\"_ _0\"></span>zione patrim<span class=\"_ _0\"></span>oniale-<span class=\"_ _0\"></span>finanziaria519<span class=\"_ _136\"></span>-           <span class=\"_ _0\"></span>     <span class=\"_ _85\"> </span>250<span class=\"_ _137\"></span>-          <span class=\"_ _0\"></span>  <span class=\"_ _138\"> </span>59<span class=\"_ _135\"></span>         <span class=\"_ _0\"></span>      <span class=\"_ _cf\"> </span>1.007<span class=\"_ _139\"></span>         Espos<span class=\"_ _0\"></span>izione lord<span class=\"_ _0\"></span>a -           <span class=\"_ _0\"></span>    519-          <span class=\"_ _0\"></span> 250591.007Acqui<span class=\"_ _0\"></span>sti previsti<span class=\"_ _0\"></span> stima<span class=\"_ _0\"></span>tiContratti a<span class=\"_ _0\"></span> termin<span class=\"_ _0\"></span>e su ca<span class=\"_ _0\"></span>mbiEspos<span class=\"_ _0\"></span>izione nett<span class=\"_ _0\"></span>a-           <span class=\"_ _0\"></span>    519-          <span class=\"_ _0\"></span> 250591.007I principali tassi<span class=\"_ _0\"></span> di cambio a<span class=\"_ _0\"></span>pplicati nel cors<span class=\"_ _0\"></span>o dell\u2019eser<span class=\"_ _0\"></span>cizio sono i segue<span class=\"_ _0\"></span>nti:  Cambio m<span class=\"_ _0\"></span>edio<span class=\"_ _29\"> </span>Cambio<span class=\"_ _0\"></span> fine ese<span class=\"_ _0\"></span>rc.2022<span class=\"_ _cf\"> </span>2021<span class=\"_ _a3\"> </span>2022<span class=\"_ _f3\"> </span>2021USD1,05001,181<span class=\"_ _0\"></span>61,06661,1326CHF1,00171,079<span class=\"_ _0\"></span>90,98471,0331Analisi di sensit<span class=\"_ _0\"></span>ivit\u00e0  Un <span class=\"_ _e\"> </span>apprezzame<span class=\"_ _0\"></span>nto <span class=\"_ _e\"> </span>dell\u2019Euro <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>5 <span class=\"_ _e\"> </span>cent<span class=\"_ _0\"></span>esimi <span class=\"_ _e\"> </span>rispetto <span class=\"_ _f\"> </span>al <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>ollaro <span class=\"_ _e\"> </span>avrebbe <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>omportato <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>31<span class=\"_ _0\"></span> dicembre <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>diminu<span class=\"_ _0\"></span>zione <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>23 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di Euro <span class=\"_ _3\"></span>(aumento <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>021). <span class=\"_ _3\"></span>Un <span class=\"_ _3\"></span>deprezzamento <span class=\"_ _3\"></span>dell\u2019Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>centes<span class=\"_ _0\"></span>imi rispetto <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>llaro <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>causato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>aumento <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>ultato <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>al 31 <span class=\"_ _f\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>25 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Euro <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>diminuz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>2 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>nel <span class=\"_ _1\"> </span>2021), presupponendo ch<span class=\"_ _0\"></span>e tutte le altre v<span class=\"_ _0\"></span>ariabili si<span class=\"_ _0\"></span>ano rimaste <span class=\"_ _0\"></span>costanti. <span class=\"_ _0\"></span> Un <span class=\"_ _3\"></span>apprezzamento <span class=\"_ _3\"></span>dell\u2019Euro <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>centesimi <span class=\"_ _3\"></span>rispetto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>franco <span class=\"_ _3\"></span>svizzero <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>comportato<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _f\"> </span>2022<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>una<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>diminuz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>patrimoni<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>netto <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>risultato <span class=\"_ _1\"> </span>netto <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>12 migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>(aumento <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>45 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>2021). <span class=\"_ _3\"></span>Un <span class=\"_ _3\"></span>deprez<span class=\"_ _0\"></span>zamento <span class=\"_ _3\"></span>dell\u2019Euro <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> 5 <span class=\"_\"> </span>c<span class=\"_ _0\"></span>entesimi <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>dollaro <span class=\"_\"> </span>avrebb<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>causato <span class=\"_\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>au<span class=\"_ _2\"></span>mento <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _a\"> </span>netto <span class=\"_ _a\"> </span>e<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>del patrimonio <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>13 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>(d<span class=\"_ _0\"></span>iminuzione <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>50 <span class=\"_ _5\"></span>migliaia <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> Euro nel 20<span class=\"_ _0\"></span>21), presuppon<span class=\"_ _0\"></span>endo che tutte <span class=\"_ _0\"></span>le altre var<span class=\"_ _0\"></span>iabili siano rimaste c<span class=\"_ _0\"></span>ostanti. <span class=\"_ _0\"></span> 6.2.4 Rischio di tasso di interesse Il <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>strumenti <span class=\"_ _f\"> </span>finanziari <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>Gr<span class=\"_ _0\"></span>uppo, <span class=\"_ _f\"> </span>distinto <span class=\"_ _f\"> </span>tra <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _f\"> </span>fruttiferi <span class=\"_ _f\"> </span>di interessi e strum<span class=\"_ _0\"></span>enti infruttif<span class=\"_ _0\"></span>eri, alla data <span class=\"_ _0\"></span>di chiusura de<span class=\"_ _0\"></span>l bilanci<span class=\"_ _0\"></span>o era il segu<span class=\"_ _0\"></span>ente: 2022<span class=\"_ _13b\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Strumenti fin<span class=\"_ _0\"></span>anziari frutt<span class=\"_ _0\"></span>iferi  a tass<span class=\"_ _0\"></span>o fissoAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie--Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie--Strumenti fin<span class=\"_ _0\"></span>anziari frutt<span class=\"_ _0\"></span>iferi a tasso variabileAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie16.17<span class=\"_ _0\"></span>725.311Elisi<span class=\"_ _0\"></span>one  cred<span class=\"_ _0\"></span>iti--Totale attivit\u00e0<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>e16.17<span class=\"_ _0\"></span>725.311Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie(57.973<span class=\"_ _0\"></span>)(48.587)Elisi<span class=\"_ _0\"></span>one debitiTotale pass<span class=\"_ _0\"></span>ivit\u00e0 fina<span class=\"_ _0\"></span>nziarie(57.973<span class=\"_ _0\"></span>)(48.587)Strumenti fin<span class=\"_ _0\"></span>anziari in<span class=\"_ _0\"></span>fruttiferiAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie21.63<span class=\"_ _0\"></span>322.974Elisi<span class=\"_ _0\"></span>one  cred<span class=\"_ _0\"></span>iti--Totale attivit\u00e0<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>e21.63<span class=\"_ _0\"></span>322.974Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie(43.378<span class=\"_ _0\"></span>)(30.393)Elisi<span class=\"_ _0\"></span>one debiti--Totale pass<span class=\"_ _0\"></span>ivit\u00e0 fina<span class=\"_ _0\"></span>nziarie(43.378<span class=\"_ _0\"></span>)(30.393)Gli <span class=\"_ _3\"></span>strumenti<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _3\"></span>frutt<span class=\"_ _0\"></span>iferi <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>tasso <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>ariabile <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ostituiti <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>disp<span class=\"_ _0\"></span>onibilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>assa,<span class=\"_ _0\"></span> dai <span class=\"_ _5\"></span>crediti <span class=\"_ _e\"> </span>finanziari <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ollegate/correlate, <span class=\"_ _e\"> </span>dai <span class=\"_ _5\"> </span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _5\"></span>correnti <span class=\"_ _e\"> </span>e <span class=\"_ _5\"></span>a <span class=\"_ _5\"> </span>me<span class=\"_ _0\"></span>dio-lungo <span class=\"_ _5\"> </span>t<span class=\"_ _0\"></span>ermine per l\u2019utilizzo de<span class=\"_ _0\"></span>i beni in Le<span class=\"_ _0\"></span>ase, dai de<span class=\"_ _0\"></span>biti correnti e medio-<span class=\"_ _0\"></span>lungo ter<span class=\"_ _0\"></span>mine verso banc<span class=\"_ _0\"></span>he.  La <span class=\"_ _d\"></span>variazione <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>tassi <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>effetti <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span>gnificativi <span class=\"_ _d\"></span>so<span class=\"_ _0\"></span>ltanto <span class=\"_ _5\"></span>sui <span class=\"_ _d\"></span>flussi <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>debiti <span class=\"_ _d\"></span>a medio/lungo t<span class=\"_ _0\"></span>ermine in con<span class=\"_ _0\"></span>siderazione de<span class=\"_ _0\"></span>lla loro <span class=\"ff4\">matu<span class=\"_ _0\"></span>rity</span>. I de<span class=\"_ _0\"></span>biti <span class=\"_ _0\"></span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _0\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>uovo <span class=\"_ _0\"></span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>edono <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>rimborso<span class=\"_ _0\"></span> delle <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>omme <span class=\"_ _5\"></span>erogate <span class=\"_ _d\"></span>ad <span class=\"_ _5\"></span>un <span class=\"_ _d\"></span>tasso <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>all\u2019Euri<span class=\"_ _0\"></span>bor <span class=\"_ _d\"></span>maggiorat<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>3,<span class=\"_ _0\"></span>25% <span class=\"_ _d\"></span>(325 punti base per <span class=\"_ _0\"></span>anno) per tut<span class=\"_ _0\"></span>ta la durata <span class=\"_ _0\"></span>del contratt<span class=\"_ _0\"></span>o. 6.3 Gestione del capitale L\u2019obiettivo pr<span class=\"_ _0\"></span>imario de<span class=\"_ _0\"></span>lla gestione d<span class=\"_ _0\"></span>el cap<span class=\"_ _0\"></span>itale d<span class=\"_ _0\"></span>el Gruppo <span class=\"_ _0\"></span>\u00e8 garantire <span class=\"_ _0\"></span>che si<span class=\"_ _0\"></span>a mant<span class=\"_ _0\"></span>enuto un<span class=\"_ _0\"></span> solido <span class=\"_ _3\"></span>rat<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editizio <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>adegu<span class=\"_ _0\"></span>ati <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>ivelli <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>indic<span class=\"_ _0\"></span>atori <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>pitale <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>odo <span class=\"_ _d\"></span>da <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>upportare l\u2019attivit\u00e0, massim<span class=\"_ _0\"></span>izzare il valor<span class=\"_ _0\"></span>e per gli azionist<span class=\"_ _0\"></span>i e ridurr<span class=\"_ _0\"></span>e il costo del ca<span class=\"_ _0\"></span>pitale.  Il <span class=\"_ _f\"> </span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _1\"> </span>gestisce <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>strut<span class=\"_ _0\"></span>tura <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>capit<span class=\"_ _0\"></span>ale <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>lo <span class=\"_ _f\"> </span>mod<span class=\"_ _0\"></span>ifica <span class=\"_ _1\"> </span>in <span class=\"_ _f\"> </span>funz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>var<span class=\"_ _0\"></span>iazioni <span class=\"_ _1\"> </span>nelle condizioni econom<span class=\"_ _0\"></span>iche.  Per <span class=\"_ _f\"> </span>mantenere <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>ade<span class=\"_ _0\"></span>guare <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>struttur<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>apitale, <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _e\"> </span>pu\u00f2 <span class=\"_ _f\"> </span>adeg<span class=\"_ _0\"></span>uare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>dividend<span class=\"_ _0\"></span>i pagati agli azion<span class=\"_ _0\"></span>isti, rimbor<span class=\"_ _0\"></span>sare il capital<span class=\"_ _0\"></span>e o emettere <span class=\"_ _0\"></span>nuove azioni.<span class=\"_ _0\"></span> Il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>ver<span class=\"_ _0\"></span>ifica <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _d\"></span>capitale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>mediant<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>rappo<span class=\"_ _0\"></span>rto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span><span class=\"ff4\">gearing</span>,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _d\"></span>ra<span class=\"_ _0\"></span>pportando <span class=\"_ _d\"></span>il<span class=\"_ _0\"></span> debito netto a<span class=\"_ _0\"></span>l totale del pa<span class=\"_ _0\"></span>trimonio net<span class=\"_ _0\"></span>to pi\u00f9 il de<span class=\"_ _0\"></span>bito netto.  L\u2019indice <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>quale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>proporzione <span class=\"_ _d\"></span>le <span class=\"_ _d\"></span>risorse <span class=\"_ _d\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>terzi <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iano <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>qu<span class=\"_ _0\"></span>antit\u00e0 di capitale neces<span class=\"_ _0\"></span>sario per <span class=\"_ _0\"></span>la continuit\u00e0 de<span class=\"_ _0\"></span>lla vita azien<span class=\"_ _0\"></span>dale. 2022<span class=\"_ _13b\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Debiti fi<span class=\"_ _0\"></span>nanziari<span class=\"_ _3c\"> </span>57.973<span class=\"_ _13c\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _13d\"> </span>48.587<span class=\"_ _13e\"></span>       <span class=\"_ _0\"></span>    Crediti fin<span class=\"_ _0\"></span>anziari<span class=\"_ _13f\"> </span>-<span class=\"_ _135\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _78\"> </span>-<span class=\"_ _140\"></span>       <span class=\"_ _0\"></span>          Disponib<span class=\"_ _0\"></span>ilit\u00e0<span class=\"_ _141\"> </span>(16.177<span class=\"_ _0\"></span>)<span class=\"_ _18\"> </span>(25.311)Debito net<span class=\"_ _0\"></span>to<span class=\"_ _b0\"> </span>4<span class=\"_ _0\"></span>1.796<span class=\"_ _13c\"></span>         <span class=\"_ _0\"></span>  <span class=\"_ _13d\"> </span>23.276<span class=\"_ _13e\"></span>         <span class=\"_ _0\"></span>  Patrimoni<span class=\"_ _0\"></span>o nett<span class=\"_ _0\"></span>o<span class=\"_ _16\"> </span>49.068<span class=\"_ _13c\"></span>           <span class=\"_ _13d\"> </span>54.<span class=\"_ _0\"></span>044<span class=\"_ _13c\"></span> <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   Totale capi<span class=\"_ _0\"></span>tale<span class=\"_ _142\"> </span>90.86<span class=\"_ _0\"></span>4<span class=\"_ _143\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _13d\"> </span>77.320<span class=\"_ _13e\"></span>       <span class=\"_ _0\"></span>    Gearing ra<span class=\"_ _0\"></span>tio<span class=\"_ _144\"> </span><span class=\"ff3\">46,00<span class=\"_ _0\"></span>%<span class=\"_ _cd\"> </span>30,1<span class=\"_ _0\"></span>0%</span>6.4 Classi di strumenti finanziariGli <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _5\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>scritti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ello <span class=\"_ _5\"></span>stato <span class=\"_ _5\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>Gruppo <span class=\"_ _5\"> </span>sono <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>\u00ec <span class=\"_ _5\"></span>raggruppabili per classi: Finanziamen<span class=\"_ _0\"></span>ti Attiv. Fin.ri<span class=\"_ _0\"></span>e al fair<span class=\"_ _0\"></span> Passi<span class=\"_ _0\"></span>vit\u00e0  al e cred<span class=\"_ _0\"></span>iti - costo<span class=\"_ _0\"></span> value imp<span class=\"_ _0\"></span>utato a costo<span class=\"_ _0\"></span> Totaleammortizzatoconto e<span class=\"_ _0\"></span>conomicoammo<span class=\"_ _0\"></span>rtizzato(in migliaia di e<span class=\"_ _0\"></span>uro)31 dic<span class=\"_ _0\"></span>embre 2021ATTIVODisponibil<span class=\"_ _0\"></span>it\u00e025.311--25.311Attiv. Fin.r<span class=\"_ _0\"></span>ie al fair<span class=\"_ _0\"></span> value imp<span class=\"_ _0\"></span>utato a conto e<span class=\"_ _0\"></span>conomico-<span class=\"_ _145\"></span>             <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span>      <span class=\"_ _146\"> </span>-<span class=\"_ _147\"></span>             <span class=\"_ _0\"></span>    Crediti per<span class=\"_ _0\"></span> derivati----Crediti c<span class=\"_ _0\"></span>ommercia<span class=\"_ _0\"></span>li e altr<span class=\"_ _0\"></span>i crediti22.97422.974Totale48.285--48.285PASSIVODebiti verso<span class=\"_ _0\"></span> banche e<span class=\"_ _0\"></span> altre pas<span class=\"_ _0\"></span>s.fin.--48.58748.587Debiti pe<span class=\"_ _0\"></span>r derivati---Debiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali e alt<span class=\"_ _0\"></span>ri debiti30.39330.393Totale--78.98078.980Finanziamen<span class=\"_ _0\"></span>ti Attiv. Fin.rie<span class=\"_ _0\"></span> al fair Passivit\u00e0  <span class=\"_ _0\"></span>al e credit<span class=\"_ _0\"></span>i - cost<span class=\"_ _0\"></span>o value imputa<span class=\"_ _0\"></span>to a costo Totaleammortizzatoconto e<span class=\"_ _0\"></span>conomic<span class=\"_ _0\"></span>oammortizzato(in migliaia di euro)31 dicembr<span class=\"_ _0\"></span>e 2022ATTIVODisponib<span class=\"_ _0\"></span>ilit\u00e016.177--16.177Attiv. Fin.ri<span class=\"_ _0\"></span>e al fair valu<span class=\"_ _0\"></span>e imputa<span class=\"_ _0\"></span>to a conto e<span class=\"_ _0\"></span>conomic<span class=\"_ _0\"></span>o-<span class=\"_ _148\"></span>         <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>        <span class=\"_ _149\"> </span>-<span class=\"_ _14a\"></span>         <span class=\"_ _0\"></span>        Crediti per <span class=\"_ _0\"></span>derivati----Crediti co<span class=\"_ _0\"></span>mmercia<span class=\"_ _0\"></span>li e altr<span class=\"_ _0\"></span>i crediti21.63321.633Totale37.810--37.810PASSIVODebiti verso<span class=\"_ _0\"></span> banche e <span class=\"_ _0\"></span>altre pas<span class=\"_ _0\"></span>s.fin.--57.97357.973Debiti per <span class=\"_ _0\"></span>derivati---Debiti co<span class=\"_ _0\"></span>mmercia<span class=\"_ _0\"></span>li e altri d<span class=\"_ _0\"></span>ebiti43.37843.378Totale--101.351101.351Si segnala che n<span class=\"_ _0\"></span>on vi sono s<span class=\"_ _0\"></span>tate riclass<span class=\"_ _0\"></span>ifiche tra le dive<span class=\"_ _0\"></span>rse categori<span class=\"_ _0\"></span>e. 6.5 Fair value Nella <span class=\"_\"> </span>s<span class=\"_ _0\"></span>eguente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>t<span class=\"_ _2\"></span>abe<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>esposti <span class=\"_ _a\"> </span>per <span class=\"_\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _a\"> </span>finanziaria, <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>valore contabile iscr<span class=\"_ _0\"></span>itto nello stato<span class=\"_ _0\"></span> patrimonia<span class=\"_ _0\"></span>le ed il relativo f<span class=\"_ _0\"></span>air value: 31 di<span class=\"_ _0\"></span>cembre 202<span class=\"_ _0\"></span>2<span class=\"_ _9d\"> </span>31 dicembre 2<span class=\"_ _0\"></span>021Valore Valore Fair ValueFair Value(in migliaia di euro)contabi<span class=\"_ _0\"></span>lecontabi<span class=\"_ _0\"></span>leDisponibi<span class=\"_ _0\"></span>lit\u00e0 investi<span class=\"_ _0\"></span>te in valori<span class=\"_ _0\"></span> mobili<span class=\"_ _0\"></span>ariCrediti com<span class=\"_ _0\"></span>merciali<span class=\"_ _0\"></span>/finanziari<span class=\"_ _0\"></span> e altri cre<span class=\"_ _0\"></span>diti21.63321.63322.97422.974Disponibi<span class=\"_ _0\"></span>lit\u00e0 liqu<span class=\"_ _0\"></span>ide e me<span class=\"_ _0\"></span>zzi equivalenti16.17716.17725.31125.311Contratti a t<span class=\"_ _0\"></span>ermine su<span class=\"_ _0\"></span> cambi <span class=\"_ _0\"></span>di copertu<span class=\"_ _0\"></span>raAttivit\u00e0 ----Passivit\u00e0----Altri cont<span class=\"_ _0\"></span>ratti a term<span class=\"_ _0\"></span>ine su <span class=\"_ _0\"></span>cambi----Passivit\u00e0 pe<span class=\"_ _0\"></span>r leasing<span class=\"_ _0\"></span> finanzia<span class=\"_ _0\"></span>ri----Debiti banca<span class=\"_ _0\"></span>ri a breve<span class=\"_ _0\"></span> termine (4.641<span class=\"_ _0\"></span>)(4.641)(862)(862)Debiti verso<span class=\"_ _0\"></span> banche a <span class=\"_ _0\"></span>m/l termin<span class=\"_ _0\"></span>e(16.239)(16.239)(17.333)(17.33<span class=\"_ _0\"></span>3)Debiti v/alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> (653)(653)--Debiti v.so<span class=\"_ _0\"></span> altri fina<span class=\"_ _0\"></span>n. a breve pe<span class=\"_ _0\"></span>r Lease(7.776<span class=\"_ _0\"></span>)(7.776)(6.693)(6.693)Debiti v.so<span class=\"_ _0\"></span> altri fin. <span class=\"_ _0\"></span>a m/lungo<span class=\"_ _0\"></span> per Lease(28.664)(28.664)(23.699)(23.69<span class=\"_ _0\"></span>9)Debiti co<span class=\"_ _0\"></span>mmerciali <span class=\"_ _0\"></span>e altri <span class=\"_ _0\"></span>debiti(43.378)(43.378)(30.393)(30.39<span class=\"_ _0\"></span>3)Elisione <span class=\"_ _0\"></span>crediti e<span class=\"_ _0\"></span> debiti ----Totale (63.541)(63.541)(30.695)(30.69<span class=\"_ _0\"></span>5)Criteri per la d<span class=\"_ _0\"></span>eterminazion<span class=\"_ _0\"></span>e del fair value  I <span class=\"_\"> </span>me<span class=\"_ _2\"></span>tod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_\"> </span>assunzioni <span class=\"_\"> </span>utilizzate <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _1\"> </span>degl<span class=\"_ _0\"></span>i strumenti f<span class=\"_ _0\"></span>inanziari sono indic<span class=\"_ _0\"></span>ati di seguito<span class=\"_ _0\"></span>.  Strumenti fina<span class=\"_ _0\"></span>nziari derivati Il <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>termine <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>cambi <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>determinato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>quotazione alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>disponib<span class=\"_ _0\"></span>ile. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quotazione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> mercato, i<span class=\"_ _0\"></span>l fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>\u00e8 s<span class=\"_ _0\"></span>timato <span class=\"_ _0\"></span>attual<span class=\"_ _0\"></span>izzando la<span class=\"_ _0\"></span> differe<span class=\"_ _0\"></span>nza <span class=\"_ _0\"></span>tra il <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ermine <span class=\"_ _0\"></span>definito <span class=\"_ _0\"></span>dal contratto <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>esiduale <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>utilizzando <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>privo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>risc<span class=\"_ _0\"></span>hio. <span class=\"_ _3\"></span>Nell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>eff<span class=\"_ _0\"></span>ettuate <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span>perazioni<span class=\"_ _0\"></span> che hanno prev<span class=\"_ _0\"></span>isto l\u2019utilizzo<span class=\"_ _0\"></span> di strumenti f<span class=\"_ _0\"></span>inanziari derivati. Passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie  Il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _3\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span> attesi <span class=\"_ _5\"></span>futuri <span class=\"_ _e\"> </span>attualizz<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>tasso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>mercato <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _5\"></span>del bilancio.  Crediti commercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti Il <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>dei flussi <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>capitale <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>interessi <span class=\"_ _d\"></span>attua<span class=\"_ _0\"></span>lizzato <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interess<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>mercato<span class=\"_ _0\"></span> rilevato alla da<span class=\"_ _0\"></span>ta di chiusur<span class=\"_ _0\"></span>a del bilancio. <span class=\"_ _0\"></span> Tassi di interes<span class=\"_ _0\"></span>se utilizzati <span class=\"_ _0\"></span>per calcolare il fair v<span class=\"_ _0\"></span>alue I <span class=\"_ _e\"> </span>tassi <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>interesse <span class=\"_ _f\"> </span>utilizzati <span class=\"_ _e\"> </span>per <span class=\"_ _f\"> </span>attualizzare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>isti, <span class=\"_ _e\"> </span>ove <span class=\"_ _f\"> </span>applicabile, <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i basano su<span class=\"_ _0\"></span>lla curva <span class=\"_ _0\"></span>dei tas<span class=\"_ _0\"></span>si di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di bila<span class=\"_ _0\"></span>ncio increm<span class=\"_ _0\"></span>entati d<span class=\"_ _0\"></span>i un cr<span class=\"_ _0\"></span>edit spread<span class=\"_ _0\"></span> adeguato e so<span class=\"_ _0\"></span>no riportati n<span class=\"_ _0\"></span>ella tabe<span class=\"_ _0\"></span>lla seguente: <span class=\"_ _0\"></span> (in migliaia di euro)2022<span class=\"_ _ce\"> </span>2021Contratti d<span class=\"_ _0\"></span>i fina<span class=\"_ _0\"></span>nziamento3,25%3,25%Contratti d<span class=\"_ _0\"></span>i leas<span class=\"_ _0\"></span>ing (IFRS 1<span class=\"_ _0\"></span>6)1,00 <span class=\"_ _0\"></span>% -3,75%1,00 <span class=\"_ _0\"></span>% -3,75%SEZIONE B - INFORMATIVA SETTOR<span class=\"_ _0\"></span>IALE",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__15": {
   "value": "2. PRINCIPI CONTABILI E CRITERI DI VALUTAZIONE<span class=\"fc5\"> </span>Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>31 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>tato <span class=\"_ _f\"> </span>predisposto <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onformit\u00e0 <span class=\"_ _f\"> </span>ai <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipi contabili <span class=\"_ _3\"></span>inter<span class=\"_ _0\"></span>nazionali <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>messi <span class=\"_ _3\"></span>dallo <span class=\"_ _d\"></span>IASB<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>omologat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dall\u2019Uni<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>Europe<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>ta di <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>hiusura <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _11\"> </span>bilanci<span class=\"_ _0\"></span>o, <span class=\"_ _10\"> </span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _11\"> </span>ai <span class=\"_ _11\"> </span>provv<span class=\"_ _0\"></span>edimenti <span class=\"_ _11\"> </span>emana<span class=\"_ _0\"></span>ti <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>attuazione<span class=\"_ _0\"></span> dell\u2019articolo 9 d<span class=\"_ _0\"></span>el D.lgs 38<span class=\"_ _0\"></span>/2005 e a<span class=\"_ _0\"></span>lle altre norm<span class=\"_ _0\"></span>e di le<span class=\"_ _0\"></span>gge e disposiz<span class=\"_ _0\"></span>ioni Consob<span class=\"_ _0\"></span> in materia di bilancio per qua<span class=\"_ _0\"></span>nto appl<span class=\"_ _0\"></span>icabili. 2.1 Principi contabili Il <span class=\"_ _a\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>nsolidato<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _b\"> </span>dicembre <span class=\"_ _b\"> </span>2022 <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>mparato <span class=\"_ _b\"> </span>con <span class=\"_ _b\"> </span>il <span class=\"_ _b\"> </span>bilancio <span class=\"_ _b\"> </span>consolidato<span class=\"_ _0\"></span> dell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte, <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>cos<span class=\"_ _0\"></span>tituito <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>prospetto <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>situazione <span class=\"_ _a\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _a\"> </span>- finanziaria, <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>prospetto <span class=\"_ _1\"> </span>dell\u2019utile/(perdita) <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cont<span class=\"_ _0\"></span>o economico <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>plessivo <span class=\"_\"> </span>consolidato, <span class=\"_\"> </span>dal <span class=\"_ _1\"> </span>prospetto <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>movimentazioni <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>patri<span class=\"_ _0\"></span>monio netto <span class=\"_ _9\"> </span>consolidato, <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>re<span class=\"_ _0\"></span>ndiconto <span class=\"_ _9\"> </span>finanziario<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _9\"> </span>nonch\u00e9 <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>pre<span class=\"_ _0\"></span>senti <span class=\"_ _9\"> </span>note esplicative. Le <span class=\"_ _3\"></span>note <span class=\"_ _d\"></span>esplicat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>hann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>funzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>illustrar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipi <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>redazione <span class=\"_ _d\"></span>adottat<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>fornire <span class=\"_ _d\"></span>le informazioni <span class=\"_ _3\"></span>richieste <span class=\"_ _3\"></span>dai <span class=\"_ _3\"></span>principi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontabili <span class=\"_ _3\"></span>IFRS, <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>contenute <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>altre <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>bilancio, nonch\u00e8 <span class=\"_ _3\"></span>fornire<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>l\u2019ulteriore <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>esposta <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>pros<span class=\"_ _0\"></span>petti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>\u00e8 necessaria ai fini d<span class=\"_ _0\"></span>i una ra<span class=\"_ _0\"></span>ppresentaz<span class=\"_ _0\"></span>ione attendibil<span class=\"_ _0\"></span>e dell\u2019attivit\u00e0 azi<span class=\"_ _0\"></span>endale. Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>edatto <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ulla <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>pri<span class=\"_ _0\"></span>ncipio <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>cost<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>storico, <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>ecc<span class=\"_ _0\"></span>ezione degli strument<span class=\"_ _0\"></span>i finanziari de<span class=\"_ _0\"></span>rivati la<span class=\"_ _0\"></span> cui valutazione <span class=\"_ _0\"></span>\u00e8 ef<span class=\"_ _0\"></span>fettuata co<span class=\"_ _0\"></span>n il principio <span class=\"_ _0\"></span>del fair va<span class=\"_ _0\"></span>lue, e <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentate <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>titoli <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>optato <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificazione tra <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>valutate <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alue <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mputazione <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economico, <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>nch\u00e9 sul presupposto de<span class=\"_ _0\"></span>lla conti<span class=\"_ _0\"></span>nuit\u00e0 aziendal<span class=\"_ _0\"></span>e.  Continuit\u00e0 aziendale  Il G<span class=\"_ _0\"></span>ruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chius<span class=\"_ _0\"></span>o il <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>irca <span class=\"_ _0\"></span>3,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, un <span class=\"_ _0\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>total<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>positivo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>49,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>comprensivo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>suddett<span class=\"_ _0\"></span>o risultato) <span class=\"_ _f\"> </span>ed <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>posiz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolidat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>egativa <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _e\"> </span>4<span class=\"_ _0\"></span>5,8 <span class=\"_ _f\"> </span>milioni <span class=\"_ _f\"> </span>di Euro, <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>prensiva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>IFRS <span class=\"_ _d\"></span>16 <span class=\"_ _3\"></span>(le<span class=\"_ _0\"></span>ases) <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>36,4 <span class=\"_ _d\"></span>milioni <span class=\"_ _d\"></span>di Euro. La C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chiuso <span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>icembre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di c<span class=\"_ _0\"></span>irca 3,6<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni d<span class=\"_ _0\"></span>i Euro, <span class=\"_\"> </span>un <span class=\"_\"> </span>pa<span class=\"_ _2\"></span>trimoni<span class=\"_ _0\"></span>o <span class=\"_\"> </span>netto <span class=\"_\"> </span>positivo <span class=\"_\"> </span>per <span class=\"_\"> </span>circa <span class=\"_\"> </span>38,2<span class=\"_ _2\"></span> <span class=\"_\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>(comprensivo <span class=\"_\"> </span>di <span class=\"_\"> </span>t<span class=\"_ _2\"></span>ale risultato) <span class=\"_ _8\"> </span>ed <span class=\"_ _8\"> </span>una <span class=\"_ _8\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _8\"> </span>finanzi<span class=\"_ _0\"></span>aria <span class=\"_ _8\"> </span>netta <span class=\"_ _8\"> </span>nega<span class=\"_ _0\"></span>tiva <span class=\"_ _14\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _8\"> </span>34,1 <span class=\"_ _8\"> </span>milioni <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>Euro,<span class=\"_ _0\"></span> comprensiva de<span class=\"_ _0\"></span>i debiti iscri<span class=\"_ _0\"></span>tti in applicazione di<span class=\"_ _0\"></span> IFRS 16 (<span class=\"_ _0\"></span>leases) per 15<span class=\"_ _0\"></span>,5 milioni <span class=\"_ _0\"></span>di Euro.  Il <span class=\"_\"> </span>bilancio <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>stat<span class=\"_ _0\"></span>o <span class=\"_\"> </span>redatto<span class=\"_ _0\"></span> <span class=\"_\"> </span>ponendo <span class=\"_\"> </span>particolar<span class=\"_ _0\"></span>e <span class=\"_\"> </span>attenz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>a <span class=\"_\"> </span>tutti <span class=\"_\"> </span>i <span class=\"_\"> </span>fatt<span class=\"_ _0\"></span>ori <span class=\"_\"> </span>che <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ono influenzare il pres<span class=\"_ _0\"></span>upposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale.  In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>17 <span class=\"_ _3\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2021 <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>sottoscr<span class=\"_ _0\"></span>itto <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>per complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanziamento, <span class=\"_ _6a\"> </span>intera<span class=\"_ _0\"></span>mente <span class=\"_ _6a\"> </span>erogato <span class=\"_ _6a\"> </span>su <span class=\"_ _6a\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _11e\"> </span>corrente<span class=\"_ _0\"></span> <span class=\"_ _11e\"> </span>dedic<span class=\"_ _0\"></span>ato: <span class=\"_ _11e\"> </span>(i)\u00e8 <span class=\"_ _5\"> </span>st<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>ut<span class=\"_ _0\"></span>ilizzato, <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>14,357 <span class=\"_ _e\"> </span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>ine <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>rim<span class=\"_ _0\"></span>borsare <span class=\"_ _e\"> </span>unaquota <span class=\"_ _d\"></span>parte <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019indebita<span class=\"_ _0\"></span>mento <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iario <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>Capogruppo,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _d\"></span>data, <span class=\"_ _5\"></span>con <span class=\"_ _d\"></span>DeA<span class=\"_ _0\"></span> Capital <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lternative <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>unds <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>GR <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _0\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _0\"></span>(ii) <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3,643 milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inter<span class=\"_ _0\"></span>amente <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ilizzata <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>il p<span class=\"_ _0\"></span>agamento <span class=\"_ _3\"></span>di s<span class=\"_ _0\"></span>alari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stipend<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel corso<span class=\"_ _0\"></span> dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _a\"> </span>fina<span class=\"_ _0\"></span>nziamento <span class=\"_ _b\"> </span>prevede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>trimes<span class=\"_ _0\"></span>trali, <span class=\"_ _a\"> </span>compr<span class=\"_ _0\"></span>ensive <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _b\"> </span>mag<span class=\"_ _0\"></span>giorato <span class=\"_ _b\"> </span>del <span class=\"_ _14\"> </span>3,25% <span class=\"_ _b\"> </span>annuo<span class=\"_ _0\"></span>, <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quota <span class=\"_ _14\"> </span>capitale <span class=\"_ _b\"> </span>cos<span class=\"_ _0\"></span>tante <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _b\"> </span>dal <span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1 dicembre <span class=\"_ _f\"> </span>202<span class=\"_ _0\"></span>2 <span class=\"_ _f\"> </span>(incluso) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sino <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>data <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>30 <span class=\"_ _f\"> </span>settembre <span class=\"_ _1\"> </span>2027. <span class=\"_ _f\"> </span>Si segnala <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _b\"> </span>le <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ate <span class=\"_ _a\"> </span>sca<span class=\"_ _0\"></span>dute <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _a\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _a\"> </span>e <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _a\"> </span>marz<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>2023 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _a\"> </span>stat<span class=\"_ _0\"></span>e regolarmente <span class=\"_ _a\"> </span>rimborsate <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>un <span class=\"_\"> </span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _a\"> </span>pari <span class=\"_\"> </span>risp<span class=\"_ _0\"></span>ettivamente <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>1,101 <span class=\"_ _a\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro,<span class=\"_ _0\"></span> comprensivo <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>0,201 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>,236 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>lioni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _d\"></span>compr<span class=\"_ _0\"></span>ensivo <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i 0,236 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>interess<span class=\"_ _0\"></span>i. <span class=\"_ _d\"></span>Al <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>proprie <span class=\"_ _5\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l contratto <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>inanziamento, <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>Capogrupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncesso <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>\u2019ipoteca <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>grado<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>uni immobili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>gno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>taluni <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>finanziamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>altres\u00ec <span class=\"_ _3\"></span>assistito <span class=\"_ _3\"></span>da garanzia <span class=\"_ _14\"> </span>emes<span class=\"_ _0\"></span>sa <span class=\"_ _14\"> </span>da <span class=\"_ _14\"> </span>SA<span class=\"_ _0\"></span>CE <span class=\"_ _14\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _14\"> </span>ai <span class=\"_ _14\"> </span>sens<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>del <span class=\"_ _8\"> </span>Decreto-legge<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>8 <span class=\"_ _14\"> </span>aprile <span class=\"_ _14\"> </span>2<span class=\"_ _0\"></span>020 <span class=\"_ _14\"> </span>n. <span class=\"_ _14\"> </span>23<span class=\"_ _0\"></span> (convertito, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>modificazi<span class=\"_ _0\"></span>oni, <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Legge <span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.<span class=\"_ _0\"></span>U.I. <span class=\"_ _3\"></span>2020/199<span class=\"_ _0\"></span>0/2I; <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 dicembre <span class=\"_ _1\"> </span>2022 <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>ersato <span class=\"_ _1\"> </span>circa <span class=\"_ _1\"> </span>0,132 <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tito<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>spese<span class=\"_ _0\"></span> dovute a SACE <span class=\"_ _0\"></span>S.p.A. com<span class=\"_ _0\"></span>e previsto <span class=\"_ _0\"></span>dal contratto.<span class=\"_ _0\"></span> Il finanziamento pr<span class=\"_ _0\"></span>evede il r<span class=\"_ _0\"></span>ispetto di a<span class=\"_ _0\"></span>lcuni parametr<span class=\"_ _0\"></span>i finanziari:  a) <span class=\"_ _3e\"> </span>LTV <span class=\"_ _d\"></span>- <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>rapporto <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziamento <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _3\"></span>imm<span class=\"_ _0\"></span>obili <span class=\"_ _d\"></span>ipotecati <span class=\"_ _d\"></span>(come <span class=\"_ _d\"></span>da valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>izia), <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>risultato <span class=\"_ _0\"></span>inferiore <span class=\"_ _3\"></span>all\u2019 80% (ottanta per c<span class=\"_ _0\"></span>ento) d<span class=\"_ _0\"></span>egli stessi, com<span class=\"_ _0\"></span>e previsto da<span class=\"_ _0\"></span>l contratto di<span class=\"_ _0\"></span> finanziamento<span class=\"_ _0\"></span>;  b) <span class=\"_ _3e\"> </span>il <span class=\"_ _f\"> </span>rapporto <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _f\"> </span>consolid<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>depurata <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>effetti <span class=\"_ _f\"> </span>di IFRS <span class=\"_ _f\"> </span>16 <span class=\"_ _e\"> </span>\u2013 <span class=\"_ _f\"> </span>leases <span class=\"_ _f\"> </span>sul <span class=\"_ _f\"> </span>debito <span class=\"_ _f\"> </span>finanziario) <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>l\u2019Ebitda <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolida<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>sempre <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>etto degli <span class=\"_\"> </span>effetti <span class=\"_\"> </span>d<span class=\"_ _2\"></span>erivanti <span class=\"_\"> </span>dalla <span class=\"_\"> </span>\u201clea<span class=\"_ _2\"></span>se <span class=\"_\"> </span>accounting\u201d) <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 risultava <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>0,6 <span class=\"_ _b\"> </span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>mpiamente <span class=\"_ _b\"> </span>nel<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>parametri, <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>q<span class=\"_ _0\"></span>uanto<span class=\"_ _0\"></span> inferiore al limite <span class=\"_ _0\"></span>di 2,8 stab<span class=\"_ _0\"></span>ilito dal contrat<span class=\"_ _0\"></span>to di finanziament<span class=\"_ _0\"></span>o;  c) <span class=\"_ _c\"> </span>il <span class=\"_\"> </span>ra<span class=\"_ _0\"></span>pporto <span class=\"_\"> </span>tra <span class=\"_ _a\"> </span>la <span class=\"_\"> </span>posizion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fin<span class=\"_ _0\"></span>anziaria <span class=\"_ _a\"> </span>netta <span class=\"_\"> </span>consolidata <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>atrimonio <span class=\"_ _a\"> </span>netto consolidato <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>dic<span class=\"_ _0\"></span>embre <span class=\"_ _d\"></span>2022 <span class=\"_ _d\"></span>risultav<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>0,2 <span class=\"_ _d\"></span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>petto dei parametri<span class=\"_ _0\"></span>, in quanto inf<span class=\"_ _0\"></span>eriore allo 0,9 s<span class=\"_ _0\"></span>tabilito d<span class=\"_ _0\"></span>al contratto d<span class=\"_ _0\"></span>i finanziamento<span class=\"_ _0\"></span>. Con <span class=\"_ _b\"> </span>l\u2019ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>svilupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _b\"> </span>ch<span class=\"_ _0\"></span>e, <span class=\"_ _b\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>data <span class=\"_ _b\"> </span>22 <span class=\"_ _14\"> </span>lugl<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _b\"> </span>la Capogruppo <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>acquisito<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>l\u2019intero <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>sociale <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _a\"> </span>(indirettam<span class=\"_ _0\"></span>ente controllata <span class=\"_ _e\"> </span>da <span class=\"_ _d\"></span>As<span class=\"_ _0\"></span>trance <span class=\"_ _e\"> </span>Capital <span class=\"_ _5\"></span>S.A.<span class=\"_ _0\"></span>S.), <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>4 <span class=\"_ _5\"> </span>mil<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _5\"></span>creando cos\u00ec una delle pr<span class=\"_ _0\"></span>incipali rea<span class=\"_ _0\"></span>lt\u00e0 europee nel<span class=\"_ _0\"></span> settore de<span class=\"_ _0\"></span>i tessili per <span class=\"_ _0\"></span>la casa.  L\u2019acquisizione <span class=\"_ _f\"> </span>costituisc<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>part<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>ragione <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>circostanza<span class=\"_ _0\"></span> che <span class=\"_ _3e\"> </span>Descamps <span class=\"_ _3e\"> </span>S.A.S. <span class=\"_ _3e\"> </span>er<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>controllata <span class=\"_ _3e\"> </span>indirett<span class=\"_ _0\"></span>amente <span class=\"_ _3e\"> </span>da <span class=\"_ _3e\"> </span>Astr<span class=\"_ _0\"></span>ance <span class=\"_ _3e\"> </span>Capital <span class=\"_ _3e\"> </span>S.A.S.,<span class=\"_ _0\"></span> integralmente <span class=\"_ _11\"> </span>par<span class=\"_ _0\"></span>tecipata <span class=\"_ _11\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>amministrat<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>J<span class=\"_ _0\"></span>oel <span class=\"_ _10\"> </span>D<span class=\"_ _0\"></span>avid <span class=\"_ _11\"> </span>Ben<span class=\"_ _0\"></span>ilouche <span class=\"_ _11\"> </span>(Pres<span class=\"_ _0\"></span>idente <span class=\"_ _11\"> </span>e Amministratore<span class=\"_ _0\"></span> Delegato d<span class=\"_ _0\"></span>ella Societ\u00e0) e F<span class=\"_ _0\"></span>lorian Gay<span class=\"_ _0\"></span>et (amministr<span class=\"_ _0\"></span>atore della So<span class=\"_ _0\"></span>ciet\u00e0).<span class=\"_ _0\"></span> Conformemente <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quanto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>previsto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _a\"> </span>Rego<span class=\"_ _0\"></span>lamento <span class=\"_ _b\"> </span>OPC <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>dalla <span class=\"_ _a\"> </span>\u201c<span class=\"_ _0\"></span>Procedur<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>le operazioni <span class=\"_ _3e\"> </span>con <span class=\"_ _3e\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>correlate\u201d <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Capogrupp<span class=\"_ _0\"></span>o, <span class=\"_ _3e\"> </span>l\u2019operazione <span class=\"_ _3e\"> </span>\u00e8 <span class=\"_ _3e\"> </span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>approvata all\u2019unanimit\u00e0 <span class=\"_ _3e\"> </span>dal <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>A<span class=\"_ _0\"></span>mministrazione <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Vincenzo <span class=\"_ _3e\"> </span>Zucchi <span class=\"_ _3e\"> </span>S.p.A., <span class=\"_ _13\"> </span>c<span class=\"_ _0\"></span>on l\u2019astensione <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>onsiglieri <span class=\"_ _0\"></span>Joel <span class=\"_ _0\"></span>David <span class=\"_ _0\"></span>Benilouc<span class=\"_ _0\"></span>he e F<span class=\"_ _0\"></span>lorian <span class=\"_ _0\"></span>Gayet, <span class=\"_ _0\"></span>previo <span class=\"_ _0\"></span>parere <span class=\"_ _0\"></span>favorev<span class=\"_ _0\"></span>ole del <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>omitato <span class=\"_ _d\"></span>Contr<span class=\"_ _0\"></span>ollo <span class=\"_ _d\"></span>Inte<span class=\"_ _0\"></span>rno, <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>valendos<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>suppor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Audirevi <span class=\"_ _d\"></span>Tr<span class=\"_ _0\"></span>ansaction <span class=\"_ _5\"></span>Services S.r.l. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>esperto <span class=\"_ _3\"></span>indipendente <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>rilasci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>parere<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>congruit\u00e0 delle <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dizioni <span class=\"_ _3\"></span>indicate <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>partico<span class=\"_ _0\"></span>lare <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul <span class=\"_ _3\"></span>prezzo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquisto <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> Descamps S.A.<span class=\"_ _0\"></span>S.. Nell\u2019esercizio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>iniziata <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>ova <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>biancher<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>asa <span class=\"_ _3\"></span>nei <span class=\"_ _d\"></span>negozi<span class=\"_ _0\"></span> della <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trollata <span class=\"_ _d\"></span>Zuckids <span class=\"_ _d\"></span>S.r.l. <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _d\"></span>dell\u2019opera <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>riconversione <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>stessi <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>vend<span class=\"_ _0\"></span>ita di abbigliam<span class=\"_ _0\"></span>ento per <span class=\"_ _0\"></span>bambini a<span class=\"_ _0\"></span> negozi<span class=\"_ _0\"></span> di vendita<span class=\"_ _0\"></span> biancheria p<span class=\"_ _0\"></span>er la c<span class=\"_ _0\"></span>asa. I<span class=\"_ _0\"></span> negozi Z<span class=\"_ _0\"></span>uckids in<span class=\"_ _0\"></span> Italia <span class=\"_ _e\"> </span>vendono <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>prodotti <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>tto <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>insegna <span class=\"_ _e\"> </span>\u201cBassett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Home <span class=\"_ _e\"> </span>Innovation\u201d,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>marc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>propriet\u00e0 della <span class=\"_ _5\"></span>Vincenzo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A., <span class=\"_ _5\"> </span>mentre <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _5\"> </span>ubica<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Francia <span class=\"_ _5\"> </span>eserc<span class=\"_ _0\"></span>itano <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _5\"></span>sotto l\u2019insegna Des<span class=\"_ _0\"></span>camps. Inoltre, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>entrata <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno <span class=\"_ _e\"> </span>regi<span class=\"_ _0\"></span>me <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _e\"> </span>Basi<span class=\"_ _0\"></span>talia <span class=\"_ _e\"> </span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>legata <span class=\"_ _e\"> </span>all\u2019home<span class=\"_ _0\"></span> decor <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>alla <span class=\"_ _a\"> </span>rinnovazion<span class=\"_ _0\"></span>e, <span class=\"_\"> </span>iniziat<span class=\"_ _0\"></span>a <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>ll\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_\"> </span>p<span class=\"_ _0\"></span>recedente, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>rtato <span class=\"_\"> </span>un<span class=\"_ _0\"></span>a sostanziale <span class=\"_ _0\"></span>modifica nell\u2019att<span class=\"_ _0\"></span>ivit\u00e0 della societ<span class=\"_ _0\"></span>\u00e0. Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1,15<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evedeva <span class=\"_ _0\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>decorrere <span class=\"_ _3\"></span>dalla dat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>del 30 giugn<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>021 ca<span class=\"_ _0\"></span>lcolati <span class=\"_ _0\"></span>ad un<span class=\"_ _0\"></span> tass<span class=\"_ _0\"></span>o par<span class=\"_ _0\"></span>i a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span> punti <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e per <span class=\"_ _0\"></span>anno, <span class=\"_ _0\"></span>sulla <span class=\"_ _0\"></span>base <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>anno<span class=\"_ _0\"></span> di 365 giorni, <span class=\"_ _0\"></span>per il numero <span class=\"_ _0\"></span>effettivo di g<span class=\"_ _0\"></span>iorni trascorsi. <span class=\"_ _0\"></span> Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1,2 <span class=\"_ _0\"></span>milioni di Euro<span class=\"_ _0\"></span>. In <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>23 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _d\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _5\"></span>ha <span class=\"_ _5\"></span>ceduto <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019intero <span class=\"_ _5\"></span>comples<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>industriale <span class=\"_ _5\"></span>sit<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>in<span class=\"_ _0\"></span> Notaresco <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>3 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>zialmente <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>linea <span class=\"_ _3\"></span>col <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>dell\u2019area<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>21 <span class=\"_ _f\"> </span>otte<span class=\"_ _0\"></span>nuto <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>terz<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>indi<span class=\"_ _0\"></span>pendente.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>generato <span class=\"_ _1\"> </span>una minusvalenza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>154 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019ulteriore <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>erdita <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>150 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>ta ad <span class=\"_ _10\"> </span>u<span class=\"_ _0\"></span>n\u2019indennit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isarcitori<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>avore <span class=\"_ _11\"> </span>dell\u2019ac<span class=\"_ _0\"></span>quirente <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>prevista <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>a<span class=\"_ _0\"></span>lcune <span class=\"_ _13\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> Si <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>noltre <span class=\"_ _f\"> </span>che, <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>sostegno <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>esigenze <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>posto <span class=\"_ _e\"> </span>in essere <span class=\"_ _0\"></span>operazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cessio<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>venute <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condiz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>pro <span class=\"_ _0\"></span>soluto<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> crediti, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>circa <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>eliminati <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>bilanci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o dal <span class=\"_ _3\"></span>Fac<span class=\"_ _0\"></span>tor, <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>netto <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>si <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>circa <span class=\"_ _d\"></span>486 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>tra <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide. L\u2019aggravarsi <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>situazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>usata <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>guerra <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>Russia <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>Ucraina <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le tensioni <span class=\"_ _9\"> </span>internaziona<span class=\"_ _0\"></span>li <span class=\"_ _8\"> </span>che <span class=\"_ _9\"> </span>ne <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>derivate <span class=\"_ _9\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _8\"> </span>acuito <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>crisi <span class=\"_ _9\"> </span>energe<span class=\"_ _0\"></span>tica <span class=\"_ _8\"> </span>e<span class=\"_ _0\"></span>d <span class=\"_ _8\"> </span>il conseguente<span class=\"_ _0\"></span> rallentam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>della c<span class=\"_ _0\"></span>rescita. I<span class=\"_ _0\"></span>l rit<span class=\"_ _0\"></span>orno all\u2019<span class=\"_ _0\"></span>instabilit\u00e0 <span class=\"_ _0\"></span>dovuta<span class=\"_ _0\"></span> al c<span class=\"_ _0\"></span>onflitto <span class=\"_ _0\"></span>tuttora <span class=\"_ _0\"></span>in corso non <span class=\"_ _0\"></span>permette d<span class=\"_ _0\"></span>i prev<span class=\"_ _0\"></span>edere quant<span class=\"_ _0\"></span>o durer<span class=\"_ _0\"></span>anno gli<span class=\"_ _0\"></span> impatti <span class=\"_ _0\"></span>sulla fre<span class=\"_ _0\"></span>nata de<span class=\"_ _0\"></span>ll\u2019economia. I<span class=\"_ _0\"></span>l Gruppo <span class=\"_ _5\"></span>osserva <span class=\"_ _5\"> </span>con <span class=\"_ _5\"> </span>estrema <span class=\"_ _5\"> </span>atte<span class=\"_ _0\"></span>nzione <span class=\"_ _5\"></span>l\u2019evoluzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>crisi <span class=\"_ _5\"></span>anche <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019impatto <span class=\"_ _5\"></span>dirett<span class=\"_ _0\"></span>o sullo <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>circoscritto,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>aven<span class=\"_ _0\"></span>do <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>presenza <span class=\"_ _5\"></span>produtt<span class=\"_ _0\"></span>iva <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>quell\u2019area <span class=\"_ _5\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>essend<span class=\"_ _0\"></span>o limitata l\u2019espos<span class=\"_ _0\"></span>izione ai cli<span class=\"_ _0\"></span>enti della regi<span class=\"_ _0\"></span>one.  Alla <span class=\"_\"> </span>luce <span class=\"_\"> </span>dei <span class=\"_\"> </span>p<span class=\"_ _2\"></span>ositivi <span class=\"_\"> </span>eventi <span class=\"_\"> </span>che <span class=\"_\"> </span>hanno <span class=\"_\"> </span>sancito <span class=\"_\"> </span>il <span class=\"_\"> </span>riequilibrio <span class=\"_\"> </span>finanziario <span class=\"_\"> </span>del <span class=\"_\"> </span>Gruppo, <span class=\"_\"> </span>in considerazion<span class=\"_ _0\"></span>e delle <span class=\"_ _0\"></span>previsioni c<span class=\"_ _0\"></span>ontenute <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>2023 <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>fronte <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>buone <span class=\"_ _0\"></span>risultanze ottenute <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>impatt<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>derivanti <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>pande<span class=\"_ _0\"></span>mia <span class=\"_ _d\"></span>prima <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>conflitto <span class=\"_ _d\"></span>ucraino<span class=\"_ _0\"></span> poi, <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"></span>amministr<span class=\"_ _0\"></span>atori <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>ritengono <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>disporre <span class=\"_ _5\"></span>delle <span class=\"_ _e\"> </span>risorse <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iarie, <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i management <span class=\"_ _10\"> </span>e <span class=\"_ _9\"> </span>organ<span class=\"_ _0\"></span>izzative <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _9\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>necess<span class=\"_ _0\"></span>arie <span class=\"_ _9\"> </span>per <span class=\"_ _10\"> </span>continuare <span class=\"_ _10\"> </span>ad <span class=\"_ _9\"> </span>a<span class=\"_ _0\"></span>dottare <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> presupposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale nella r<span class=\"_ _0\"></span>edazione del<span class=\"_ _0\"></span> bilancio.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__14": {
   "value": "2. PRINCIPI CONTABILI E CRITERI DI VALUTAZIONE<span class=\"fc5\"> </span>Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>31 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>tato <span class=\"_ _f\"> </span>predisposto <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onformit\u00e0 <span class=\"_ _f\"> </span>ai <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipi contabili <span class=\"_ _3\"></span>inter<span class=\"_ _0\"></span>nazionali <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>messi <span class=\"_ _3\"></span>dallo <span class=\"_ _d\"></span>IASB<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>omologat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dall\u2019Uni<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>Europe<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>ta di <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>hiusura <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pres<span class=\"_ _0\"></span>ente <span class=\"_ _11\"> </span>bilanci<span class=\"_ _0\"></span>o, <span class=\"_ _10\"> </span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _11\"> </span>ai <span class=\"_ _11\"> </span>provv<span class=\"_ _0\"></span>edimenti <span class=\"_ _11\"> </span>emana<span class=\"_ _0\"></span>ti <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>attuazione<span class=\"_ _0\"></span> dell\u2019articolo 9 d<span class=\"_ _0\"></span>el D.lgs 38<span class=\"_ _0\"></span>/2005 e a<span class=\"_ _0\"></span>lle altre norm<span class=\"_ _0\"></span>e di le<span class=\"_ _0\"></span>gge e disposiz<span class=\"_ _0\"></span>ioni Consob<span class=\"_ _0\"></span> in materia di bilancio per qua<span class=\"_ _0\"></span>nto appl<span class=\"_ _0\"></span>icabili. 2.1 Principi contabili Il <span class=\"_ _a\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>nsolidato<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _b\"> </span>dicembre <span class=\"_ _b\"> </span>2022 <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>mparato <span class=\"_ _b\"> </span>con <span class=\"_ _b\"> </span>il <span class=\"_ _b\"> </span>bilancio <span class=\"_ _b\"> </span>consolidato<span class=\"_ _0\"></span> dell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte, <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>cos<span class=\"_ _0\"></span>tituito <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>prospetto <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>situazione <span class=\"_ _a\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _a\"> </span>- finanziaria, <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>prospetto <span class=\"_ _1\"> </span>dell\u2019utile/(perdita) <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cont<span class=\"_ _0\"></span>o economico <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>plessivo <span class=\"_\"> </span>consolidato, <span class=\"_\"> </span>dal <span class=\"_ _1\"> </span>prospetto <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>movimentazioni <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>patri<span class=\"_ _0\"></span>monio netto <span class=\"_ _9\"> </span>consolidato, <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>re<span class=\"_ _0\"></span>ndiconto <span class=\"_ _9\"> </span>finanziario<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _9\"> </span>nonch\u00e9 <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>pre<span class=\"_ _0\"></span>senti <span class=\"_ _9\"> </span>note esplicative. Le <span class=\"_ _3\"></span>note <span class=\"_ _d\"></span>esplicat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>hann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>funzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>illustrar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipi <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>redazione <span class=\"_ _d\"></span>adottat<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>fornire <span class=\"_ _d\"></span>le informazioni <span class=\"_ _3\"></span>richieste <span class=\"_ _3\"></span>dai <span class=\"_ _3\"></span>principi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontabili <span class=\"_ _3\"></span>IFRS, <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>contenute <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>altre <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>bilancio, nonch\u00e8 <span class=\"_ _3\"></span>fornire<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>l\u2019ulteriore <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>esposta <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>pros<span class=\"_ _0\"></span>petti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>\u00e8 necessaria ai fini d<span class=\"_ _0\"></span>i una ra<span class=\"_ _0\"></span>ppresentaz<span class=\"_ _0\"></span>ione attendibil<span class=\"_ _0\"></span>e dell\u2019attivit\u00e0 azi<span class=\"_ _0\"></span>endale. Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>edatto <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ulla <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>pri<span class=\"_ _0\"></span>ncipio <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>cost<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>storico, <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>ecc<span class=\"_ _0\"></span>ezione degli strument<span class=\"_ _0\"></span>i finanziari de<span class=\"_ _0\"></span>rivati la<span class=\"_ _0\"></span> cui valutazione <span class=\"_ _0\"></span>\u00e8 ef<span class=\"_ _0\"></span>fettuata co<span class=\"_ _0\"></span>n il principio <span class=\"_ _0\"></span>del fair va<span class=\"_ _0\"></span>lue, e <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentate <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>titoli <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>optato <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificazione tra <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>valutate <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alue <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mputazione <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economico, <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>nch\u00e9 sul presupposto de<span class=\"_ _0\"></span>lla conti<span class=\"_ _0\"></span>nuit\u00e0 aziendal<span class=\"_ _0\"></span>e.  Continuit\u00e0 aziendale  Il G<span class=\"_ _0\"></span>ruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chius<span class=\"_ _0\"></span>o il <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>irca <span class=\"_ _0\"></span>3,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, un <span class=\"_ _0\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>total<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>positivo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>49,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>comprensivo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>suddett<span class=\"_ _0\"></span>o risultato) <span class=\"_ _f\"> </span>ed <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>posiz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolidat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>egativa <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _e\"> </span>4<span class=\"_ _0\"></span>5,8 <span class=\"_ _f\"> </span>milioni <span class=\"_ _f\"> </span>di Euro, <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>prensiva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>IFRS <span class=\"_ _d\"></span>16 <span class=\"_ _3\"></span>(le<span class=\"_ _0\"></span>ases) <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>36,4 <span class=\"_ _d\"></span>milioni <span class=\"_ _d\"></span>di Euro. La C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chiuso <span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>icembre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di c<span class=\"_ _0\"></span>irca 3,6<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni d<span class=\"_ _0\"></span>i Euro, <span class=\"_\"> </span>un <span class=\"_\"> </span>pa<span class=\"_ _2\"></span>trimoni<span class=\"_ _0\"></span>o <span class=\"_\"> </span>netto <span class=\"_\"> </span>positivo <span class=\"_\"> </span>per <span class=\"_\"> </span>circa <span class=\"_\"> </span>38,2<span class=\"_ _2\"></span> <span class=\"_\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>(comprensivo <span class=\"_\"> </span>di <span class=\"_\"> </span>t<span class=\"_ _2\"></span>ale risultato) <span class=\"_ _8\"> </span>ed <span class=\"_ _8\"> </span>una <span class=\"_ _8\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _8\"> </span>finanzi<span class=\"_ _0\"></span>aria <span class=\"_ _8\"> </span>netta <span class=\"_ _8\"> </span>nega<span class=\"_ _0\"></span>tiva <span class=\"_ _14\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _8\"> </span>34,1 <span class=\"_ _8\"> </span>milioni <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>Euro,<span class=\"_ _0\"></span> comprensiva de<span class=\"_ _0\"></span>i debiti iscri<span class=\"_ _0\"></span>tti in applicazione di<span class=\"_ _0\"></span> IFRS 16 (<span class=\"_ _0\"></span>leases) per 15<span class=\"_ _0\"></span>,5 milioni <span class=\"_ _0\"></span>di Euro.  Il <span class=\"_\"> </span>bilancio <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>stat<span class=\"_ _0\"></span>o <span class=\"_\"> </span>redatto<span class=\"_ _0\"></span> <span class=\"_\"> </span>ponendo <span class=\"_\"> </span>particolar<span class=\"_ _0\"></span>e <span class=\"_\"> </span>attenz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>a <span class=\"_\"> </span>tutti <span class=\"_\"> </span>i <span class=\"_\"> </span>fatt<span class=\"_ _0\"></span>ori <span class=\"_\"> </span>che <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ono influenzare il pres<span class=\"_ _0\"></span>upposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale.  In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>17 <span class=\"_ _3\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2021 <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>sottoscr<span class=\"_ _0\"></span>itto <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>per complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanziamento, <span class=\"_ _6a\"> </span>intera<span class=\"_ _0\"></span>mente <span class=\"_ _6a\"> </span>erogato <span class=\"_ _6a\"> </span>su <span class=\"_ _6a\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _11e\"> </span>corrente<span class=\"_ _0\"></span> <span class=\"_ _11e\"> </span>dedic<span class=\"_ _0\"></span>ato: <span class=\"_ _11e\"> </span>(i)\u00e8 <span class=\"_ _5\"> </span>st<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>ut<span class=\"_ _0\"></span>ilizzato, <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>14,357 <span class=\"_ _e\"> </span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>ine <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>rim<span class=\"_ _0\"></span>borsare <span class=\"_ _e\"> </span>unaquota <span class=\"_ _d\"></span>parte <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019indebita<span class=\"_ _0\"></span>mento <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iario <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>Capogruppo,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _d\"></span>data, <span class=\"_ _5\"></span>con <span class=\"_ _d\"></span>DeA<span class=\"_ _0\"></span> Capital <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lternative <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>unds <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>GR <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _0\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _0\"></span>(ii) <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3,643 milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inter<span class=\"_ _0\"></span>amente <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ilizzata <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>il p<span class=\"_ _0\"></span>agamento <span class=\"_ _3\"></span>di s<span class=\"_ _0\"></span>alari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stipend<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel corso<span class=\"_ _0\"></span> dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _a\"> </span>fina<span class=\"_ _0\"></span>nziamento <span class=\"_ _b\"> </span>prevede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>trimes<span class=\"_ _0\"></span>trali, <span class=\"_ _a\"> </span>compr<span class=\"_ _0\"></span>ensive <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _b\"> </span>mag<span class=\"_ _0\"></span>giorato <span class=\"_ _b\"> </span>del <span class=\"_ _14\"> </span>3,25% <span class=\"_ _b\"> </span>annuo<span class=\"_ _0\"></span>, <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quota <span class=\"_ _14\"> </span>capitale <span class=\"_ _b\"> </span>cos<span class=\"_ _0\"></span>tante <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _b\"> </span>dal <span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1 dicembre <span class=\"_ _f\"> </span>202<span class=\"_ _0\"></span>2 <span class=\"_ _f\"> </span>(incluso) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sino <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>data <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>30 <span class=\"_ _f\"> </span>settembre <span class=\"_ _1\"> </span>2027. <span class=\"_ _f\"> </span>Si segnala <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _b\"> </span>le <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ate <span class=\"_ _a\"> </span>sca<span class=\"_ _0\"></span>dute <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _a\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _a\"> </span>e <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _a\"> </span>marz<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>2023 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _a\"> </span>stat<span class=\"_ _0\"></span>e regolarmente <span class=\"_ _a\"> </span>rimborsate <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>un <span class=\"_\"> </span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _a\"> </span>pari <span class=\"_\"> </span>risp<span class=\"_ _0\"></span>ettivamente <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>1,101 <span class=\"_ _a\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro,<span class=\"_ _0\"></span> comprensivo <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>0,201 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>,236 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>lioni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _d\"></span>compr<span class=\"_ _0\"></span>ensivo <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i 0,236 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>interess<span class=\"_ _0\"></span>i. <span class=\"_ _d\"></span>Al <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>proprie <span class=\"_ _5\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l contratto <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>inanziamento, <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>Capogrupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncesso <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>\u2019ipoteca <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>grado<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>uni immobili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>gno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>taluni <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>finanziamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>altres\u00ec <span class=\"_ _3\"></span>assistito <span class=\"_ _3\"></span>da garanzia <span class=\"_ _14\"> </span>emes<span class=\"_ _0\"></span>sa <span class=\"_ _14\"> </span>da <span class=\"_ _14\"> </span>SA<span class=\"_ _0\"></span>CE <span class=\"_ _14\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _14\"> </span>ai <span class=\"_ _14\"> </span>sens<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>del <span class=\"_ _8\"> </span>Decreto-legge<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>8 <span class=\"_ _14\"> </span>aprile <span class=\"_ _14\"> </span>2<span class=\"_ _0\"></span>020 <span class=\"_ _14\"> </span>n. <span class=\"_ _14\"> </span>23<span class=\"_ _0\"></span> (convertito, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>modificazi<span class=\"_ _0\"></span>oni, <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Legge <span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.<span class=\"_ _0\"></span>U.I. <span class=\"_ _3\"></span>2020/199<span class=\"_ _0\"></span>0/2I; <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 dicembre <span class=\"_ _1\"> </span>2022 <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>ersato <span class=\"_ _1\"> </span>circa <span class=\"_ _1\"> </span>0,132 <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tito<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>spese<span class=\"_ _0\"></span> dovute a SACE <span class=\"_ _0\"></span>S.p.A. com<span class=\"_ _0\"></span>e previsto <span class=\"_ _0\"></span>dal contratto.<span class=\"_ _0\"></span> Il finanziamento pr<span class=\"_ _0\"></span>evede il r<span class=\"_ _0\"></span>ispetto di a<span class=\"_ _0\"></span>lcuni parametr<span class=\"_ _0\"></span>i finanziari:  a) <span class=\"_ _3e\"> </span>LTV <span class=\"_ _d\"></span>- <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>rapporto <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziamento <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _3\"></span>imm<span class=\"_ _0\"></span>obili <span class=\"_ _d\"></span>ipotecati <span class=\"_ _d\"></span>(come <span class=\"_ _d\"></span>da valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>izia), <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>risultato <span class=\"_ _0\"></span>inferiore <span class=\"_ _3\"></span>all\u2019 80% (ottanta per c<span class=\"_ _0\"></span>ento) d<span class=\"_ _0\"></span>egli stessi, com<span class=\"_ _0\"></span>e previsto da<span class=\"_ _0\"></span>l contratto di<span class=\"_ _0\"></span> finanziamento<span class=\"_ _0\"></span>;  b) <span class=\"_ _3e\"> </span>il <span class=\"_ _f\"> </span>rapporto <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _f\"> </span>consolid<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>depurata <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>effetti <span class=\"_ _f\"> </span>di IFRS <span class=\"_ _f\"> </span>16 <span class=\"_ _e\"> </span>\u2013 <span class=\"_ _f\"> </span>leases <span class=\"_ _f\"> </span>sul <span class=\"_ _f\"> </span>debito <span class=\"_ _f\"> </span>finanziario) <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>l\u2019Ebitda <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolida<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>sempre <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>etto degli <span class=\"_\"> </span>effetti <span class=\"_\"> </span>d<span class=\"_ _2\"></span>erivanti <span class=\"_\"> </span>dalla <span class=\"_\"> </span>\u201clea<span class=\"_ _2\"></span>se <span class=\"_\"> </span>accounting\u201d) <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 risultava <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>0,6 <span class=\"_ _b\"> </span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>mpiamente <span class=\"_ _b\"> </span>nel<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>parametri, <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>q<span class=\"_ _0\"></span>uanto<span class=\"_ _0\"></span> inferiore al limite <span class=\"_ _0\"></span>di 2,8 stab<span class=\"_ _0\"></span>ilito dal contrat<span class=\"_ _0\"></span>to di finanziament<span class=\"_ _0\"></span>o;  c) <span class=\"_ _c\"> </span>il <span class=\"_\"> </span>ra<span class=\"_ _0\"></span>pporto <span class=\"_\"> </span>tra <span class=\"_ _a\"> </span>la <span class=\"_\"> </span>posizion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fin<span class=\"_ _0\"></span>anziaria <span class=\"_ _a\"> </span>netta <span class=\"_\"> </span>consolidata <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>atrimonio <span class=\"_ _a\"> </span>netto consolidato <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>dic<span class=\"_ _0\"></span>embre <span class=\"_ _d\"></span>2022 <span class=\"_ _d\"></span>risultav<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>0,2 <span class=\"_ _d\"></span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>petto dei parametri<span class=\"_ _0\"></span>, in quanto inf<span class=\"_ _0\"></span>eriore allo 0,9 s<span class=\"_ _0\"></span>tabilito d<span class=\"_ _0\"></span>al contratto d<span class=\"_ _0\"></span>i finanziamento<span class=\"_ _0\"></span>. Con <span class=\"_ _b\"> </span>l\u2019ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>svilupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _b\"> </span>ch<span class=\"_ _0\"></span>e, <span class=\"_ _b\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>data <span class=\"_ _b\"> </span>22 <span class=\"_ _14\"> </span>lugl<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _b\"> </span>la Capogruppo <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>acquisito<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>l\u2019intero <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>sociale <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _a\"> </span>(indirettam<span class=\"_ _0\"></span>ente controllata <span class=\"_ _e\"> </span>da <span class=\"_ _d\"></span>As<span class=\"_ _0\"></span>trance <span class=\"_ _e\"> </span>Capital <span class=\"_ _5\"></span>S.A.<span class=\"_ _0\"></span>S.), <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>4 <span class=\"_ _5\"> </span>mil<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _5\"></span>creando cos\u00ec una delle pr<span class=\"_ _0\"></span>incipali rea<span class=\"_ _0\"></span>lt\u00e0 europee nel<span class=\"_ _0\"></span> settore de<span class=\"_ _0\"></span>i tessili per <span class=\"_ _0\"></span>la casa.  L\u2019acquisizione <span class=\"_ _f\"> </span>costituisc<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>part<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>ragione <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>circostanza<span class=\"_ _0\"></span> che <span class=\"_ _3e\"> </span>Descamps <span class=\"_ _3e\"> </span>S.A.S. <span class=\"_ _3e\"> </span>er<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>controllata <span class=\"_ _3e\"> </span>indirett<span class=\"_ _0\"></span>amente <span class=\"_ _3e\"> </span>da <span class=\"_ _3e\"> </span>Astr<span class=\"_ _0\"></span>ance <span class=\"_ _3e\"> </span>Capital <span class=\"_ _3e\"> </span>S.A.S.,<span class=\"_ _0\"></span> integralmente <span class=\"_ _11\"> </span>par<span class=\"_ _0\"></span>tecipata <span class=\"_ _11\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>amministrat<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>J<span class=\"_ _0\"></span>oel <span class=\"_ _10\"> </span>D<span class=\"_ _0\"></span>avid <span class=\"_ _11\"> </span>Ben<span class=\"_ _0\"></span>ilouche <span class=\"_ _11\"> </span>(Pres<span class=\"_ _0\"></span>idente <span class=\"_ _11\"> </span>e Amministratore<span class=\"_ _0\"></span> Delegato d<span class=\"_ _0\"></span>ella Societ\u00e0) e F<span class=\"_ _0\"></span>lorian Gay<span class=\"_ _0\"></span>et (amministr<span class=\"_ _0\"></span>atore della So<span class=\"_ _0\"></span>ciet\u00e0).<span class=\"_ _0\"></span> Conformemente <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quanto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>previsto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _a\"> </span>Rego<span class=\"_ _0\"></span>lamento <span class=\"_ _b\"> </span>OPC <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>dalla <span class=\"_ _a\"> </span>\u201c<span class=\"_ _0\"></span>Procedur<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>le operazioni <span class=\"_ _3e\"> </span>con <span class=\"_ _3e\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>correlate\u201d <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Capogrupp<span class=\"_ _0\"></span>o, <span class=\"_ _3e\"> </span>l\u2019operazione <span class=\"_ _3e\"> </span>\u00e8 <span class=\"_ _3e\"> </span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>approvata all\u2019unanimit\u00e0 <span class=\"_ _3e\"> </span>dal <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>A<span class=\"_ _0\"></span>mministrazione <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Vincenzo <span class=\"_ _3e\"> </span>Zucchi <span class=\"_ _3e\"> </span>S.p.A., <span class=\"_ _13\"> </span>c<span class=\"_ _0\"></span>on l\u2019astensione <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>onsiglieri <span class=\"_ _0\"></span>Joel <span class=\"_ _0\"></span>David <span class=\"_ _0\"></span>Benilouc<span class=\"_ _0\"></span>he e F<span class=\"_ _0\"></span>lorian <span class=\"_ _0\"></span>Gayet, <span class=\"_ _0\"></span>previo <span class=\"_ _0\"></span>parere <span class=\"_ _0\"></span>favorev<span class=\"_ _0\"></span>ole del <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>omitato <span class=\"_ _d\"></span>Contr<span class=\"_ _0\"></span>ollo <span class=\"_ _d\"></span>Inte<span class=\"_ _0\"></span>rno, <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>valendos<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>suppor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Audirevi <span class=\"_ _d\"></span>Tr<span class=\"_ _0\"></span>ansaction <span class=\"_ _5\"></span>Services S.r.l. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>esperto <span class=\"_ _3\"></span>indipendente <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>rilasci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>parere<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>congruit\u00e0 delle <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dizioni <span class=\"_ _3\"></span>indicate <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>partico<span class=\"_ _0\"></span>lare <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul <span class=\"_ _3\"></span>prezzo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquisto <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> Descamps S.A.<span class=\"_ _0\"></span>S.. Nell\u2019esercizio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>iniziata <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>ova <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>biancher<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>asa <span class=\"_ _3\"></span>nei <span class=\"_ _d\"></span>negozi<span class=\"_ _0\"></span> della <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trollata <span class=\"_ _d\"></span>Zuckids <span class=\"_ _d\"></span>S.r.l. <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _d\"></span>dell\u2019opera <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>riconversione <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>stessi <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>vend<span class=\"_ _0\"></span>ita di abbigliam<span class=\"_ _0\"></span>ento per <span class=\"_ _0\"></span>bambini a<span class=\"_ _0\"></span> negozi<span class=\"_ _0\"></span> di vendita<span class=\"_ _0\"></span> biancheria p<span class=\"_ _0\"></span>er la c<span class=\"_ _0\"></span>asa. I<span class=\"_ _0\"></span> negozi Z<span class=\"_ _0\"></span>uckids in<span class=\"_ _0\"></span> Italia <span class=\"_ _e\"> </span>vendono <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>prodotti <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>tto <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>insegna <span class=\"_ _e\"> </span>\u201cBassett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Home <span class=\"_ _e\"> </span>Innovation\u201d,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>marc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>propriet\u00e0 della <span class=\"_ _5\"></span>Vincenzo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A., <span class=\"_ _5\"> </span>mentre <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _5\"> </span>ubica<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Francia <span class=\"_ _5\"> </span>eserc<span class=\"_ _0\"></span>itano <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _5\"></span>sotto l\u2019insegna Des<span class=\"_ _0\"></span>camps. Inoltre, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>entrata <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno <span class=\"_ _e\"> </span>regi<span class=\"_ _0\"></span>me <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _e\"> </span>Basi<span class=\"_ _0\"></span>talia <span class=\"_ _e\"> </span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>legata <span class=\"_ _e\"> </span>all\u2019home<span class=\"_ _0\"></span> decor <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>alla <span class=\"_ _a\"> </span>rinnovazion<span class=\"_ _0\"></span>e, <span class=\"_\"> </span>iniziat<span class=\"_ _0\"></span>a <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>ll\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_\"> </span>p<span class=\"_ _0\"></span>recedente, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>rtato <span class=\"_\"> </span>un<span class=\"_ _0\"></span>a sostanziale <span class=\"_ _0\"></span>modifica nell\u2019att<span class=\"_ _0\"></span>ivit\u00e0 della societ<span class=\"_ _0\"></span>\u00e0. Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1,15<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evedeva <span class=\"_ _0\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>decorrere <span class=\"_ _3\"></span>dalla dat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>del 30 giugn<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>021 ca<span class=\"_ _0\"></span>lcolati <span class=\"_ _0\"></span>ad un<span class=\"_ _0\"></span> tass<span class=\"_ _0\"></span>o par<span class=\"_ _0\"></span>i a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span> punti <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e per <span class=\"_ _0\"></span>anno, <span class=\"_ _0\"></span>sulla <span class=\"_ _0\"></span>base <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>anno<span class=\"_ _0\"></span> di 365 giorni, <span class=\"_ _0\"></span>per il numero <span class=\"_ _0\"></span>effettivo di g<span class=\"_ _0\"></span>iorni trascorsi. <span class=\"_ _0\"></span> Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1,2 <span class=\"_ _0\"></span>milioni di Euro<span class=\"_ _0\"></span>. In <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>23 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _d\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _5\"></span>ha <span class=\"_ _5\"></span>ceduto <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019intero <span class=\"_ _5\"></span>comples<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>industriale <span class=\"_ _5\"></span>sit<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>in<span class=\"_ _0\"></span> Notaresco <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>3 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>zialmente <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>linea <span class=\"_ _3\"></span>col <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>dell\u2019area<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>21 <span class=\"_ _f\"> </span>otte<span class=\"_ _0\"></span>nuto <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>terz<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>indi<span class=\"_ _0\"></span>pendente.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>generato <span class=\"_ _1\"> </span>una minusvalenza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>154 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019ulteriore <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>erdita <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>150 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>ta ad <span class=\"_ _10\"> </span>u<span class=\"_ _0\"></span>n\u2019indennit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isarcitori<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>avore <span class=\"_ _11\"> </span>dell\u2019ac<span class=\"_ _0\"></span>quirente <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>prevista <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>a<span class=\"_ _0\"></span>lcune <span class=\"_ _13\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> Si <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>noltre <span class=\"_ _f\"> </span>che, <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>sostegno <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>esigenze <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>posto <span class=\"_ _e\"> </span>in essere <span class=\"_ _0\"></span>operazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cessio<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>venute <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condiz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>pro <span class=\"_ _0\"></span>soluto<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> crediti, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>circa <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>eliminati <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>bilanci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o dal <span class=\"_ _3\"></span>Fac<span class=\"_ _0\"></span>tor, <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>netto <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>si <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>circa <span class=\"_ _d\"></span>486 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>tra <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide. L\u2019aggravarsi <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>situazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>usata <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>guerra <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>Russia <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>Ucraina <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le tensioni <span class=\"_ _9\"> </span>internaziona<span class=\"_ _0\"></span>li <span class=\"_ _8\"> </span>che <span class=\"_ _9\"> </span>ne <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>derivate <span class=\"_ _9\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _8\"> </span>acuito <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>crisi <span class=\"_ _9\"> </span>energe<span class=\"_ _0\"></span>tica <span class=\"_ _8\"> </span>e<span class=\"_ _0\"></span>d <span class=\"_ _8\"> </span>il conseguente<span class=\"_ _0\"></span> rallentam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>della c<span class=\"_ _0\"></span>rescita. I<span class=\"_ _0\"></span>l rit<span class=\"_ _0\"></span>orno all\u2019<span class=\"_ _0\"></span>instabilit\u00e0 <span class=\"_ _0\"></span>dovuta<span class=\"_ _0\"></span> al c<span class=\"_ _0\"></span>onflitto <span class=\"_ _0\"></span>tuttora <span class=\"_ _0\"></span>in corso non <span class=\"_ _0\"></span>permette d<span class=\"_ _0\"></span>i prev<span class=\"_ _0\"></span>edere quant<span class=\"_ _0\"></span>o durer<span class=\"_ _0\"></span>anno gli<span class=\"_ _0\"></span> impatti <span class=\"_ _0\"></span>sulla fre<span class=\"_ _0\"></span>nata de<span class=\"_ _0\"></span>ll\u2019economia. I<span class=\"_ _0\"></span>l Gruppo <span class=\"_ _5\"></span>osserva <span class=\"_ _5\"> </span>con <span class=\"_ _5\"> </span>estrema <span class=\"_ _5\"> </span>atte<span class=\"_ _0\"></span>nzione <span class=\"_ _5\"></span>l\u2019evoluzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>crisi <span class=\"_ _5\"></span>anche <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019impatto <span class=\"_ _5\"></span>dirett<span class=\"_ _0\"></span>o sullo <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>circoscritto,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>aven<span class=\"_ _0\"></span>do <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>presenza <span class=\"_ _5\"></span>produtt<span class=\"_ _0\"></span>iva <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>quell\u2019area <span class=\"_ _5\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>essend<span class=\"_ _0\"></span>o limitata l\u2019espos<span class=\"_ _0\"></span>izione ai cli<span class=\"_ _0\"></span>enti della regi<span class=\"_ _0\"></span>one.  Alla <span class=\"_\"> </span>luce <span class=\"_\"> </span>dei <span class=\"_\"> </span>p<span class=\"_ _2\"></span>ositivi <span class=\"_\"> </span>eventi <span class=\"_\"> </span>che <span class=\"_\"> </span>hanno <span class=\"_\"> </span>sancito <span class=\"_\"> </span>il <span class=\"_\"> </span>riequilibrio <span class=\"_\"> </span>finanziario <span class=\"_\"> </span>del <span class=\"_\"> </span>Gruppo, <span class=\"_\"> </span>in considerazion<span class=\"_ _0\"></span>e delle <span class=\"_ _0\"></span>previsioni c<span class=\"_ _0\"></span>ontenute <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>2023 <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>fronte <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>buone <span class=\"_ _0\"></span>risultanze ottenute <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>impatt<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>derivanti <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>pande<span class=\"_ _0\"></span>mia <span class=\"_ _d\"></span>prima <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>conflitto <span class=\"_ _d\"></span>ucraino<span class=\"_ _0\"></span> poi, <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"></span>amministr<span class=\"_ _0\"></span>atori <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>ritengono <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>disporre <span class=\"_ _5\"></span>delle <span class=\"_ _e\"> </span>risorse <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iarie, <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i management <span class=\"_ _10\"> </span>e <span class=\"_ _9\"> </span>organ<span class=\"_ _0\"></span>izzative <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _9\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>necess<span class=\"_ _0\"></span>arie <span class=\"_ _9\"> </span>per <span class=\"_ _10\"> </span>continuare <span class=\"_ _10\"> </span>ad <span class=\"_ _9\"> </span>a<span class=\"_ _0\"></span>dottare <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> presupposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale nella r<span class=\"_ _0\"></span>edazione del<span class=\"_ _0\"></span> bilancio. 3. PRINCIPI DI CONSOLIDAMENTO E CRITERI DI VALUTAZIONE Il <span class=\"_ _d\"></span>bilancio <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onsolidato<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>include <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>della <span class=\"_ _5\"></span>Societ\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>delle <span class=\"_ _5\"></span>imprese <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>ess<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e (le <span class=\"_ _f\"> </span>contr<span class=\"_ _0\"></span>ollate <span class=\"_ _1\"> </span>\u2013 <span class=\"_ _1\"> </span>l\u2019elenco <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>quali <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>Nota <span class=\"_ _1\"> </span>45) <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>edatti <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _f\"> </span>an<span class=\"_ _0\"></span>no modificati, ove n<span class=\"_ _0\"></span>ecessario, <span class=\"_ _0\"></span>per uniformarl<span class=\"_ _0\"></span>i ai principi adottat<span class=\"_ _0\"></span>i dal Grupp<span class=\"_ _0\"></span>o.  Il <span class=\"_ _1\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>control<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>un\u2019impresa <span class=\"_ _1\"> </span>quando <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>poter<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>determinare <span class=\"_ _1\"> </span>le <span class=\"_\"> </span>politiche finanziarie <span class=\"_ _3e\"> </span>e <span class=\"_ _13\"> </span>operat<span class=\"_ _0\"></span>ive <span class=\"_ _13\"> </span>dell<span class=\"_ _0\"></span>\u2019impresa <span class=\"_ _3e\"> </span>oggetto <span class=\"_ _13\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>in<span class=\"_ _0\"></span>vestimento <span class=\"_ _3e\"> </span>in <span class=\"_ _13\"> </span>modo <span class=\"_ _3e\"> </span>da <span class=\"_ _13\"> </span>inci<span class=\"_ _0\"></span>dere sull\u2019ammontare <span class=\"_ _a\"> </span>dei <span class=\"_\"> </span>benefici <span class=\"_\"> </span>attesi <span class=\"_\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>sua <span class=\"_\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>(esposizione <span class=\"_ _a\"> </span>o <span class=\"_\"> </span>diritti <span class=\"_\"> </span>ai <span class=\"_\"> </span>rendimenti<span class=\"_ _0\"></span> variabili). <span class=\"_\"> </span>Generalmente <span class=\"_ _1\"> </span>v<span class=\"_ _0\"></span>i <span class=\"_\"> </span>\u00e8<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>presunzione <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _1\"> </span>contr<span class=\"_ _0\"></span>ollo <span class=\"_\"> </span>q<span class=\"_ _2\"></span>uando <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>Gruppo <span class=\"_\"> </span>detiene <span class=\"_ _1\"> </span>la maggioranza d<span class=\"_ _0\"></span>ei diritti di voto, ev<span class=\"_ _0\"></span>entualment<span class=\"_ _0\"></span>e tenendo c<span class=\"_ _0\"></span>onto dei dir<span class=\"_ _0\"></span>itti di voto potenz<span class=\"_ _0\"></span>iali.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__17": {
   "value": "2.1 Principi contabili Il <span class=\"_ _a\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>nsolidato<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _b\"> </span>dicembre <span class=\"_ _b\"> </span>2022 <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>co<span class=\"_ _0\"></span>mparato <span class=\"_ _b\"> </span>con <span class=\"_ _b\"> </span>il <span class=\"_ _b\"> </span>bilancio <span class=\"_ _b\"> </span>consolidato<span class=\"_ _0\"></span> dell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte, <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>cos<span class=\"_ _0\"></span>tituito <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>prospetto <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>situazione <span class=\"_ _a\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _a\"> </span>- finanziaria, <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>prospetto <span class=\"_ _1\"> </span>dell\u2019utile/(perdita) <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cont<span class=\"_ _0\"></span>o economico <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>plessivo <span class=\"_\"> </span>consolidato, <span class=\"_\"> </span>dal <span class=\"_ _1\"> </span>prospetto <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>movimentazioni <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>patri<span class=\"_ _0\"></span>monio netto <span class=\"_ _9\"> </span>consolidato, <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>re<span class=\"_ _0\"></span>ndiconto <span class=\"_ _9\"> </span>finanziario<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _9\"> </span>nonch\u00e9 <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>pre<span class=\"_ _0\"></span>senti <span class=\"_ _9\"> </span>note esplicative. Le <span class=\"_ _3\"></span>note <span class=\"_ _d\"></span>esplicat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>hann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>funzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>illustrar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipi <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>redazione <span class=\"_ _d\"></span>adottat<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>fornire <span class=\"_ _d\"></span>le informazioni <span class=\"_ _3\"></span>richieste <span class=\"_ _3\"></span>dai <span class=\"_ _3\"></span>principi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontabili <span class=\"_ _3\"></span>IFRS, <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>contenute <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>altre <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>bilancio, nonch\u00e8 <span class=\"_ _3\"></span>fornire<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>l\u2019ulteriore <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>esposta <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>pros<span class=\"_ _0\"></span>petti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>\u00e8 necessaria ai fini d<span class=\"_ _0\"></span>i una ra<span class=\"_ _0\"></span>ppresentaz<span class=\"_ _0\"></span>ione attendibil<span class=\"_ _0\"></span>e dell\u2019attivit\u00e0 azi<span class=\"_ _0\"></span>endale. Il <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>nsolidato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>edatto <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ulla <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>pri<span class=\"_ _0\"></span>ncipio <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>cost<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>storico, <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>ecc<span class=\"_ _0\"></span>ezione degli strument<span class=\"_ _0\"></span>i finanziari de<span class=\"_ _0\"></span>rivati la<span class=\"_ _0\"></span> cui valutazione <span class=\"_ _0\"></span>\u00e8 ef<span class=\"_ _0\"></span>fettuata co<span class=\"_ _0\"></span>n il principio <span class=\"_ _0\"></span>del fair va<span class=\"_ _0\"></span>lue, e <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentate <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>titoli <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>optato <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificazione tra <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>valutate <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alue <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mputazione <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economico, <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>nch\u00e9 sul presupposto de<span class=\"_ _0\"></span>lla conti<span class=\"_ _0\"></span>nuit\u00e0 aziendal<span class=\"_ _0\"></span>e.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__16": {
   "value": "Continuit\u00e0 aziendale  Il G<span class=\"_ _0\"></span>ruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chius<span class=\"_ _0\"></span>o il <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>irca <span class=\"_ _0\"></span>3,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, un <span class=\"_ _0\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>total<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>positivo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>49,1 <span class=\"_ _0\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>comprensivo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>suddett<span class=\"_ _0\"></span>o risultato) <span class=\"_ _f\"> </span>ed <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>posiz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolidat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>egativa <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _e\"> </span>4<span class=\"_ _0\"></span>5,8 <span class=\"_ _f\"> </span>milioni <span class=\"_ _f\"> </span>di Euro, <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>prensiva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>IFRS <span class=\"_ _d\"></span>16 <span class=\"_ _3\"></span>(le<span class=\"_ _0\"></span>ases) <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>36,4 <span class=\"_ _d\"></span>milioni <span class=\"_ _d\"></span>di Euro. La C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>chiuso <span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 d<span class=\"_ _0\"></span>icembre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>di c<span class=\"_ _0\"></span>irca 3,6<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni d<span class=\"_ _0\"></span>i Euro, <span class=\"_\"> </span>un <span class=\"_\"> </span>pa<span class=\"_ _2\"></span>trimoni<span class=\"_ _0\"></span>o <span class=\"_\"> </span>netto <span class=\"_\"> </span>positivo <span class=\"_\"> </span>per <span class=\"_\"> </span>circa <span class=\"_\"> </span>38,2<span class=\"_ _2\"></span> <span class=\"_\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>(comprensivo <span class=\"_\"> </span>di <span class=\"_\"> </span>t<span class=\"_ _2\"></span>ale risultato) <span class=\"_ _8\"> </span>ed <span class=\"_ _8\"> </span>una <span class=\"_ _8\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _8\"> </span>finanzi<span class=\"_ _0\"></span>aria <span class=\"_ _8\"> </span>netta <span class=\"_ _8\"> </span>nega<span class=\"_ _0\"></span>tiva <span class=\"_ _14\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>irca <span class=\"_ _8\"> </span>34,1 <span class=\"_ _8\"> </span>milioni <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>Euro,<span class=\"_ _0\"></span> comprensiva de<span class=\"_ _0\"></span>i debiti iscri<span class=\"_ _0\"></span>tti in applicazione di<span class=\"_ _0\"></span> IFRS 16 (<span class=\"_ _0\"></span>leases) per 15<span class=\"_ _0\"></span>,5 milioni <span class=\"_ _0\"></span>di Euro.  Il <span class=\"_\"> </span>bilancio <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>stat<span class=\"_ _0\"></span>o <span class=\"_\"> </span>redatto<span class=\"_ _0\"></span> <span class=\"_\"> </span>ponendo <span class=\"_\"> </span>particolar<span class=\"_ _0\"></span>e <span class=\"_\"> </span>attenz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>a <span class=\"_\"> </span>tutti <span class=\"_\"> </span>i <span class=\"_\"> </span>fatt<span class=\"_ _0\"></span>ori <span class=\"_\"> </span>che <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ono influenzare il pres<span class=\"_ _0\"></span>upposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale.  In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>17 <span class=\"_ _3\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2021 <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>sottoscr<span class=\"_ _0\"></span>itto <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>per complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanziamento, <span class=\"_ _6a\"> </span>intera<span class=\"_ _0\"></span>mente <span class=\"_ _6a\"> </span>erogato <span class=\"_ _6a\"> </span>su <span class=\"_ _6a\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _11e\"> </span>corrente<span class=\"_ _0\"></span> <span class=\"_ _11e\"> </span>dedic<span class=\"_ _0\"></span>ato: <span class=\"_ _11e\"> </span>(i)\u00e8 <span class=\"_ _5\"> </span>st<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>ut<span class=\"_ _0\"></span>ilizzato, <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>14,357 <span class=\"_ _e\"> </span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>ine <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>rim<span class=\"_ _0\"></span>borsare <span class=\"_ _e\"> </span>unaquota <span class=\"_ _d\"></span>parte <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019indebita<span class=\"_ _0\"></span>mento <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iario <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>Capogruppo,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _d\"></span>data, <span class=\"_ _5\"></span>con <span class=\"_ _d\"></span>DeA<span class=\"_ _0\"></span> Capital <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lternative <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>unds <span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>GR <span class=\"_ _0\"></span>S.A<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _0\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _0\"></span>(ii) <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3,643 milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inter<span class=\"_ _0\"></span>amente <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ilizzata <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>il p<span class=\"_ _0\"></span>agamento <span class=\"_ _3\"></span>di s<span class=\"_ _0\"></span>alari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stipend<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel corso<span class=\"_ _0\"></span> dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _a\"> </span>fina<span class=\"_ _0\"></span>nziamento <span class=\"_ _b\"> </span>prevede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>trimes<span class=\"_ _0\"></span>trali, <span class=\"_ _a\"> </span>compr<span class=\"_ _0\"></span>ensive <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _b\"> </span>mag<span class=\"_ _0\"></span>giorato <span class=\"_ _b\"> </span>del <span class=\"_ _14\"> </span>3,25% <span class=\"_ _b\"> </span>annuo<span class=\"_ _0\"></span>, <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quota <span class=\"_ _14\"> </span>capitale <span class=\"_ _b\"> </span>cos<span class=\"_ _0\"></span>tante <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _b\"> </span>dal <span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1 dicembre <span class=\"_ _f\"> </span>202<span class=\"_ _0\"></span>2 <span class=\"_ _f\"> </span>(incluso) <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sino <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>data <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>30 <span class=\"_ _f\"> </span>settembre <span class=\"_ _1\"> </span>2027. <span class=\"_ _f\"> </span>Si segnala <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _b\"> </span>le <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ate <span class=\"_ _a\"> </span>sca<span class=\"_ _0\"></span>dute <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _a\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _a\"> </span>e <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>31 <span class=\"_ _a\"> </span>marz<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>2023 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _a\"> </span>stat<span class=\"_ _0\"></span>e regolarmente <span class=\"_ _a\"> </span>rimborsate <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>un <span class=\"_\"> </span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _a\"> </span>pari <span class=\"_\"> </span>risp<span class=\"_ _0\"></span>ettivamente <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>1,101 <span class=\"_ _a\"> </span>milioni <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro,<span class=\"_ _0\"></span> comprensivo <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>0,201 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>,236 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>lioni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _d\"></span>compr<span class=\"_ _0\"></span>ensivo <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i 0,236 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>interess<span class=\"_ _0\"></span>i. <span class=\"_ _d\"></span>Al <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>proprie <span class=\"_ _5\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l contratto <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>inanziamento, <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>Capogrupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncesso <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>\u2019ipoteca <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>grado<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>uni immobili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>gno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>taluni <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>finanziamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>altres\u00ec <span class=\"_ _3\"></span>assistito <span class=\"_ _3\"></span>da garanzia <span class=\"_ _14\"> </span>emes<span class=\"_ _0\"></span>sa <span class=\"_ _14\"> </span>da <span class=\"_ _14\"> </span>SA<span class=\"_ _0\"></span>CE <span class=\"_ _14\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _14\"> </span>ai <span class=\"_ _14\"> </span>sens<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>del <span class=\"_ _8\"> </span>Decreto-legge<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>8 <span class=\"_ _14\"> </span>aprile <span class=\"_ _14\"> </span>2<span class=\"_ _0\"></span>020 <span class=\"_ _14\"> </span>n. <span class=\"_ _14\"> </span>23<span class=\"_ _0\"></span> (convertito, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>modificazi<span class=\"_ _0\"></span>oni, <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Legge <span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.<span class=\"_ _0\"></span>U.I. <span class=\"_ _3\"></span>2020/199<span class=\"_ _0\"></span>0/2I; <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 dicembre <span class=\"_ _1\"> </span>2022 <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>ersato <span class=\"_ _1\"> </span>circa <span class=\"_ _1\"> </span>0,132 <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tito<span class=\"_ _0\"></span>lo <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>spese<span class=\"_ _0\"></span> dovute a SACE <span class=\"_ _0\"></span>S.p.A. com<span class=\"_ _0\"></span>e previsto <span class=\"_ _0\"></span>dal contratto.<span class=\"_ _0\"></span> Il finanziamento pr<span class=\"_ _0\"></span>evede il r<span class=\"_ _0\"></span>ispetto di a<span class=\"_ _0\"></span>lcuni parametr<span class=\"_ _0\"></span>i finanziari:  a) <span class=\"_ _3e\"> </span>LTV <span class=\"_ _d\"></span>- <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>rapporto <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziamento <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _3\"></span>imm<span class=\"_ _0\"></span>obili <span class=\"_ _d\"></span>ipotecati <span class=\"_ _d\"></span>(come <span class=\"_ _d\"></span>da valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>izia), <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>risultato <span class=\"_ _0\"></span>inferiore <span class=\"_ _3\"></span>all\u2019 80% (ottanta per c<span class=\"_ _0\"></span>ento) d<span class=\"_ _0\"></span>egli stessi, com<span class=\"_ _0\"></span>e previsto da<span class=\"_ _0\"></span>l contratto di<span class=\"_ _0\"></span> finanziamento<span class=\"_ _0\"></span>;  b) <span class=\"_ _3e\"> </span>il <span class=\"_ _f\"> </span>rapporto <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>pos<span class=\"_ _0\"></span>izione <span class=\"_ _f\"> </span>finanziaria <span class=\"_ _f\"> </span>netta <span class=\"_ _f\"> </span>consolid<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>depurata <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>effetti <span class=\"_ _f\"> </span>di IFRS <span class=\"_ _f\"> </span>16 <span class=\"_ _e\"> </span>\u2013 <span class=\"_ _f\"> </span>leases <span class=\"_ _f\"> </span>sul <span class=\"_ _f\"> </span>debito <span class=\"_ _f\"> </span>finanziario) <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>l\u2019Ebitda <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>onsolida<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>(<span class=\"_ _0\"></span>sempre <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>n<span class=\"_ _0\"></span>etto degli <span class=\"_\"> </span>effetti <span class=\"_\"> </span>d<span class=\"_ _2\"></span>erivanti <span class=\"_\"> </span>dalla <span class=\"_\"> </span>\u201clea<span class=\"_ _2\"></span>se <span class=\"_\"> </span>accounting\u201d) <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 risultava <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>0,6 <span class=\"_ _b\"> </span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>mpiamente <span class=\"_ _b\"> </span>nel<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>parametri, <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>q<span class=\"_ _0\"></span>uanto<span class=\"_ _0\"></span> inferiore al limite <span class=\"_ _0\"></span>di 2,8 stab<span class=\"_ _0\"></span>ilito dal contrat<span class=\"_ _0\"></span>to di finanziament<span class=\"_ _0\"></span>o;  c) <span class=\"_ _c\"> </span>il <span class=\"_\"> </span>ra<span class=\"_ _0\"></span>pporto <span class=\"_\"> </span>tra <span class=\"_ _a\"> </span>la <span class=\"_\"> </span>posizion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fin<span class=\"_ _0\"></span>anziaria <span class=\"_ _a\"> </span>netta <span class=\"_\"> </span>consolidata <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>atrimonio <span class=\"_ _a\"> </span>netto consolidato <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>dic<span class=\"_ _0\"></span>embre <span class=\"_ _d\"></span>2022 <span class=\"_ _d\"></span>risultav<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>0,2 <span class=\"_ _d\"></span>perc<span class=\"_ _0\"></span>i\u00f2 <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>petto dei parametri<span class=\"_ _0\"></span>, in quanto inf<span class=\"_ _0\"></span>eriore allo 0,9 s<span class=\"_ _0\"></span>tabilito d<span class=\"_ _0\"></span>al contratto d<span class=\"_ _0\"></span>i finanziamento<span class=\"_ _0\"></span>. Con <span class=\"_ _b\"> </span>l\u2019ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>svilupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _b\"> </span>ch<span class=\"_ _0\"></span>e, <span class=\"_ _b\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>data <span class=\"_ _b\"> </span>22 <span class=\"_ _14\"> </span>lugl<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _b\"> </span>la Capogruppo <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>acquisito<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>l\u2019intero <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>sociale <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_ _a\"> </span>(indirettam<span class=\"_ _0\"></span>ente controllata <span class=\"_ _e\"> </span>da <span class=\"_ _d\"></span>As<span class=\"_ _0\"></span>trance <span class=\"_ _e\"> </span>Capital <span class=\"_ _5\"></span>S.A.<span class=\"_ _0\"></span>S.), <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>un <span class=\"_ _e\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>4 <span class=\"_ _5\"> </span>mil<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _5\"></span>creando cos\u00ec una delle pr<span class=\"_ _0\"></span>incipali rea<span class=\"_ _0\"></span>lt\u00e0 europee nel<span class=\"_ _0\"></span> settore de<span class=\"_ _0\"></span>i tessili per <span class=\"_ _0\"></span>la casa.  L\u2019acquisizione <span class=\"_ _f\"> </span>costituisc<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>part<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>correlata <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>ragione <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>circostanza<span class=\"_ _0\"></span> che <span class=\"_ _3e\"> </span>Descamps <span class=\"_ _3e\"> </span>S.A.S. <span class=\"_ _3e\"> </span>er<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>controllata <span class=\"_ _3e\"> </span>indirett<span class=\"_ _0\"></span>amente <span class=\"_ _3e\"> </span>da <span class=\"_ _3e\"> </span>Astr<span class=\"_ _0\"></span>ance <span class=\"_ _3e\"> </span>Capital <span class=\"_ _3e\"> </span>S.A.S.,<span class=\"_ _0\"></span> integralmente <span class=\"_ _11\"> </span>par<span class=\"_ _0\"></span>tecipata <span class=\"_ _11\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>amministrat<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>J<span class=\"_ _0\"></span>oel <span class=\"_ _10\"> </span>D<span class=\"_ _0\"></span>avid <span class=\"_ _11\"> </span>Ben<span class=\"_ _0\"></span>ilouche <span class=\"_ _11\"> </span>(Pres<span class=\"_ _0\"></span>idente <span class=\"_ _11\"> </span>e Amministratore<span class=\"_ _0\"></span> Delegato d<span class=\"_ _0\"></span>ella Societ\u00e0) e F<span class=\"_ _0\"></span>lorian Gay<span class=\"_ _0\"></span>et (amministr<span class=\"_ _0\"></span>atore della So<span class=\"_ _0\"></span>ciet\u00e0).<span class=\"_ _0\"></span> Conformemente <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>quanto<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>previsto <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _a\"> </span>Rego<span class=\"_ _0\"></span>lamento <span class=\"_ _b\"> </span>OPC <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>dalla <span class=\"_ _a\"> </span>\u201c<span class=\"_ _0\"></span>Procedur<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>le operazioni <span class=\"_ _3e\"> </span>con <span class=\"_ _3e\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>correlate\u201d <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Capogrupp<span class=\"_ _0\"></span>o, <span class=\"_ _3e\"> </span>l\u2019operazione <span class=\"_ _3e\"> </span>\u00e8 <span class=\"_ _3e\"> </span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3e\"> </span>approvata all\u2019unanimit\u00e0 <span class=\"_ _3e\"> </span>dal <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>A<span class=\"_ _0\"></span>mministrazione <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>Vincenzo <span class=\"_ _3e\"> </span>Zucchi <span class=\"_ _3e\"> </span>S.p.A., <span class=\"_ _13\"> </span>c<span class=\"_ _0\"></span>on l\u2019astensione <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>onsiglieri <span class=\"_ _0\"></span>Joel <span class=\"_ _0\"></span>David <span class=\"_ _0\"></span>Benilouc<span class=\"_ _0\"></span>he e F<span class=\"_ _0\"></span>lorian <span class=\"_ _0\"></span>Gayet, <span class=\"_ _0\"></span>previo <span class=\"_ _0\"></span>parere <span class=\"_ _0\"></span>favorev<span class=\"_ _0\"></span>ole del <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>omitato <span class=\"_ _d\"></span>Contr<span class=\"_ _0\"></span>ollo <span class=\"_ _d\"></span>Inte<span class=\"_ _0\"></span>rno, <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>valendos<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>suppor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Audirevi <span class=\"_ _d\"></span>Tr<span class=\"_ _0\"></span>ansaction <span class=\"_ _5\"></span>Services S.r.l. <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>esperto <span class=\"_ _3\"></span>indipendente <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>rilasci<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>parere<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>congruit\u00e0 delle <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>dizioni <span class=\"_ _3\"></span>indicate <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>partico<span class=\"_ _0\"></span>lare <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ul <span class=\"_ _3\"></span>prezzo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquisto <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> Descamps S.A.<span class=\"_ _0\"></span>S.. Nell\u2019esercizio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>iniziata <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>ova <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>biancher<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>asa <span class=\"_ _3\"></span>nei <span class=\"_ _d\"></span>negozi<span class=\"_ _0\"></span> della <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trollata <span class=\"_ _d\"></span>Zuckids <span class=\"_ _d\"></span>S.r.l. <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _d\"></span>dell\u2019opera <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>riconversione <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>stessi <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>vend<span class=\"_ _0\"></span>ita di abbigliam<span class=\"_ _0\"></span>ento per <span class=\"_ _0\"></span>bambini a<span class=\"_ _0\"></span> negozi<span class=\"_ _0\"></span> di vendita<span class=\"_ _0\"></span> biancheria p<span class=\"_ _0\"></span>er la c<span class=\"_ _0\"></span>asa. I<span class=\"_ _0\"></span> negozi Z<span class=\"_ _0\"></span>uckids in<span class=\"_ _0\"></span> Italia <span class=\"_ _e\"> </span>vendono <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>prodotti <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>tto <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>insegna <span class=\"_ _e\"> </span>\u201cBassett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Home <span class=\"_ _e\"> </span>Innovation\u201d,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>marc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>propriet\u00e0 della <span class=\"_ _5\"></span>Vincenzo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A., <span class=\"_ _5\"> </span>mentre <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _5\"> </span>ubica<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Francia <span class=\"_ _5\"> </span>eserc<span class=\"_ _0\"></span>itano <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _5\"></span>sotto l\u2019insegna Des<span class=\"_ _0\"></span>camps. Inoltre, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>entrata <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno <span class=\"_ _e\"> </span>regi<span class=\"_ _0\"></span>me <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _e\"> </span>Basi<span class=\"_ _0\"></span>talia <span class=\"_ _e\"> </span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>legata <span class=\"_ _e\"> </span>all\u2019home<span class=\"_ _0\"></span> decor <span class=\"_ _a\"> </span>ed <span class=\"_\"> </span>alla <span class=\"_ _a\"> </span>rinnovazion<span class=\"_ _0\"></span>e, <span class=\"_\"> </span>iniziat<span class=\"_ _0\"></span>a <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>ll\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_\"> </span>p<span class=\"_ _0\"></span>recedente, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>rtato <span class=\"_\"> </span>un<span class=\"_ _0\"></span>a sostanziale <span class=\"_ _0\"></span>modifica nell\u2019att<span class=\"_ _0\"></span>ivit\u00e0 della societ<span class=\"_ _0\"></span>\u00e0. Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1,15<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>milioni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evedeva <span class=\"_ _0\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>decorrere <span class=\"_ _3\"></span>dalla dat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>del 30 giugn<span class=\"_ _0\"></span>o 2<span class=\"_ _0\"></span>021 ca<span class=\"_ _0\"></span>lcolati <span class=\"_ _0\"></span>ad un<span class=\"_ _0\"></span> tass<span class=\"_ _0\"></span>o par<span class=\"_ _0\"></span>i a <span class=\"_ _0\"></span>500<span class=\"_ _0\"></span> punti <span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>e per <span class=\"_ _0\"></span>anno, <span class=\"_ _0\"></span>sulla <span class=\"_ _0\"></span>base <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>anno<span class=\"_ _0\"></span> di 365 giorni, <span class=\"_ _0\"></span>per il numero <span class=\"_ _0\"></span>effettivo di g<span class=\"_ _0\"></span>iorni trascorsi. <span class=\"_ _0\"></span> Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1,2 <span class=\"_ _0\"></span>milioni di Euro<span class=\"_ _0\"></span>. In <span class=\"_ _d\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>23 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _d\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _5\"></span>ha <span class=\"_ _5\"></span>ceduto <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019intero <span class=\"_ _5\"></span>comples<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>industriale <span class=\"_ _5\"></span>sit<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>in<span class=\"_ _0\"></span> Notaresco <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>3 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>zialmente <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>linea <span class=\"_ _3\"></span>col <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>dell\u2019area<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>21 <span class=\"_ _f\"> </span>otte<span class=\"_ _0\"></span>nuto <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>terz<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>indi<span class=\"_ _0\"></span>pendente.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _1\"> </span>ha <span class=\"_ _f\"> </span>generato <span class=\"_ _1\"> </span>una minusvalenza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>154 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019ulteriore <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>erdita <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>150 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>ta ad <span class=\"_ _10\"> </span>u<span class=\"_ _0\"></span>n\u2019indennit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isarcitori<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>avore <span class=\"_ _11\"> </span>dell\u2019ac<span class=\"_ _0\"></span>quirente <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>prevista <span class=\"_ _11\"> </span>da <span class=\"_ _11\"> </span>a<span class=\"_ _0\"></span>lcune <span class=\"_ _13\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> Si <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>noltre <span class=\"_ _f\"> </span>che, <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>sostegno <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>esigenze <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>posto <span class=\"_ _e\"> </span>in essere <span class=\"_ _0\"></span>operazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cessio<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>av<span class=\"_ _0\"></span>venute <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condiz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>pro <span class=\"_ _0\"></span>soluto<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> crediti, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>circa <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>eliminati <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>bilanci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o dal <span class=\"_ _3\"></span>Fac<span class=\"_ _0\"></span>tor, <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>netto <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>si <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>circa <span class=\"_ _d\"></span>486 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>tra <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide. L\u2019aggravarsi <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>situazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>usata <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>guerra <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>Russia <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>Ucraina <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le tensioni <span class=\"_ _9\"> </span>internaziona<span class=\"_ _0\"></span>li <span class=\"_ _8\"> </span>che <span class=\"_ _9\"> </span>ne <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>derivate <span class=\"_ _9\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _8\"> </span>acuito <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>crisi <span class=\"_ _9\"> </span>energe<span class=\"_ _0\"></span>tica <span class=\"_ _8\"> </span>e<span class=\"_ _0\"></span>d <span class=\"_ _8\"> </span>il conseguente<span class=\"_ _0\"></span> rallentam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>della c<span class=\"_ _0\"></span>rescita. I<span class=\"_ _0\"></span>l rit<span class=\"_ _0\"></span>orno all\u2019<span class=\"_ _0\"></span>instabilit\u00e0 <span class=\"_ _0\"></span>dovuta<span class=\"_ _0\"></span> al c<span class=\"_ _0\"></span>onflitto <span class=\"_ _0\"></span>tuttora <span class=\"_ _0\"></span>in corso non <span class=\"_ _0\"></span>permette d<span class=\"_ _0\"></span>i prev<span class=\"_ _0\"></span>edere quant<span class=\"_ _0\"></span>o durer<span class=\"_ _0\"></span>anno gli<span class=\"_ _0\"></span> impatti <span class=\"_ _0\"></span>sulla fre<span class=\"_ _0\"></span>nata de<span class=\"_ _0\"></span>ll\u2019economia. I<span class=\"_ _0\"></span>l Gruppo <span class=\"_ _5\"></span>osserva <span class=\"_ _5\"> </span>con <span class=\"_ _5\"> </span>estrema <span class=\"_ _5\"> </span>atte<span class=\"_ _0\"></span>nzione <span class=\"_ _5\"></span>l\u2019evoluzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>crisi <span class=\"_ _5\"></span>anche <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019impatto <span class=\"_ _5\"></span>dirett<span class=\"_ _0\"></span>o sullo <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>circoscritto,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>aven<span class=\"_ _0\"></span>do <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>presenza <span class=\"_ _5\"></span>produtt<span class=\"_ _0\"></span>iva <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>quell\u2019area <span class=\"_ _5\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>essend<span class=\"_ _0\"></span>o limitata l\u2019espos<span class=\"_ _0\"></span>izione ai cli<span class=\"_ _0\"></span>enti della regi<span class=\"_ _0\"></span>one.  Alla <span class=\"_\"> </span>luce <span class=\"_\"> </span>dei <span class=\"_\"> </span>p<span class=\"_ _2\"></span>ositivi <span class=\"_\"> </span>eventi <span class=\"_\"> </span>che <span class=\"_\"> </span>hanno <span class=\"_\"> </span>sancito <span class=\"_\"> </span>il <span class=\"_\"> </span>riequilibrio <span class=\"_\"> </span>finanziario <span class=\"_\"> </span>del <span class=\"_\"> </span>Gruppo, <span class=\"_\"> </span>in considerazion<span class=\"_ _0\"></span>e delle <span class=\"_ _0\"></span>previsioni c<span class=\"_ _0\"></span>ontenute <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>2023 <span class=\"_ _0\"></span>e a <span class=\"_ _0\"></span>fronte <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>buone <span class=\"_ _0\"></span>risultanze ottenute <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>degli <span class=\"_ _d\"></span>impatt<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>derivanti <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>pande<span class=\"_ _0\"></span>mia <span class=\"_ _d\"></span>prima <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>conflitto <span class=\"_ _d\"></span>ucraino<span class=\"_ _0\"></span> poi, <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"></span>amministr<span class=\"_ _0\"></span>atori <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>ritengono <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>disporre <span class=\"_ _5\"></span>delle <span class=\"_ _e\"> </span>risorse <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iarie, <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i management <span class=\"_ _10\"> </span>e <span class=\"_ _9\"> </span>organ<span class=\"_ _0\"></span>izzative <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _9\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>necess<span class=\"_ _0\"></span>arie <span class=\"_ _9\"> </span>per <span class=\"_ _10\"> </span>continuare <span class=\"_ _10\"> </span>ad <span class=\"_ _9\"> </span>a<span class=\"_ _0\"></span>dottare <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> presupposto d<span class=\"_ _0\"></span>ella continuit\u00e0 az<span class=\"_ _0\"></span>iendale nella r<span class=\"_ _0\"></span>edazione del<span class=\"_ _0\"></span> bilancio.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__20": {
   "value": "3.1  Principi di consolidamento Controllate<span class=\"_ _0\"></span> I <span class=\"_ _f\"> </span>risultati <span class=\"_ _f\"> </span>economici <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>imprese <span class=\"_ _f\"> </span>control<span class=\"_ _0\"></span>late <span class=\"_ _f\"> </span>acquisite <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>cedu<span class=\"_ _0\"></span>te <span class=\"_ _f\"> </span>nel <span class=\"_ _f\"> </span>corso <span class=\"_ _f\"> </span>dell\u2019esercizio sono <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nclusi <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ospetto <span class=\"_ _3\"></span>dell\u2019utile/(p<span class=\"_ _0\"></span>erdita) <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>conto economico <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>omplessivo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>consoli<span class=\"_ _0\"></span>dato <span class=\"_ _3\"></span>dall\u2019<span class=\"_ _0\"></span>effettiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>acquisiz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>fino <span class=\"_ _d\"></span>all\u2019effe<span class=\"_ _0\"></span>ttiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> di cessione. Il <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabile <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>pa<span class=\"_ _0\"></span>rtecipazioni <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>eliminato <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntro <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>rel<span class=\"_ _0\"></span>ativi patrimoni <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>tti <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>front<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>dell\u2019assunz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _f\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>passivit\u00e0 <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>stesse <span class=\"_ _1\"> </span>secondo <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> metodo <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>integrazi<span class=\"_ _0\"></span>one <span class=\"_ _3e\"> </span>globa<span class=\"_ _0\"></span>le. <span class=\"_ _3e\"> </span>La <span class=\"_ _3e\"> </span>differenza<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>tra <span class=\"_ _3e\"> </span>il <span class=\"_ _3e\"> </span>prezzo <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>acquis<span class=\"_ _0\"></span>to <span class=\"_ _3e\"> </span>della partecipazione <span class=\"_\"> </span>ed <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>patrimonio <span class=\"_\"> </span>netto <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ontabile <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _1\"> </span>cui <span class=\"_\"> </span>l\u2019impresa <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>inc<span class=\"_ _0\"></span>lusa <span class=\"_ _1\"> </span>n<span class=\"_ _0\"></span>el consolidament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputat<span class=\"_ _0\"></span>a, <span class=\"_ _f\"> </span>nei <span class=\"_ _f\"> </span>limiti <span class=\"_ _f\"> </span>attribuibili, <span class=\"_ _f\"> </span>agli <span class=\"_ _f\"> </span>elementi <span class=\"_ _f\"> </span>dell\u2019attivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>passivo <span class=\"_ _f\"> </span>e delle <span class=\"_ _8\"> </span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _9\"> </span>pote<span class=\"_ _0\"></span>nziali <span class=\"_ _9\"> </span>dell\u2019impresa <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>onsolidata.<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>L\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _9\"> </span>differenz<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>residu<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>e positiva \u00e8 attri<span class=\"_ _0\"></span>buita alla voc<span class=\"_ _0\"></span>e avviament<span class=\"_ _0\"></span>o, se negativa <span class=\"_ _0\"></span>viene imputata <span class=\"_ _0\"></span>al conto ec<span class=\"_ _0\"></span>onomico.<span class=\"_ _0\"></span> Tutte <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>perazioni <span class=\"_ _1\"> </span>signific<span class=\"_ _0\"></span>ative <span class=\"_ _1\"> </span>intercorse <span class=\"_ _1\"> </span>(costi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>ricavi) <span class=\"_ _1\"> </span>fra <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>societ\u00e0 <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>i relativi <span class=\"_ _3\"></span>sa<span class=\"_ _0\"></span>ldi <span class=\"_ _3\"></span>(cred<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>biti) <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>eliminat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>proc<span class=\"_ _0\"></span>esso <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>consolidam<span class=\"_ _0\"></span>ento, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>os\u00ec <span class=\"_ _3\"></span>come <span class=\"_ _d\"></span>gli utili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>real<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>tali <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nsazioni; <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>eliminat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> cui esse rappres<span class=\"_ _0\"></span>entino un <span class=\"_ _0\"></span>effettivo minor<span class=\"_ _0\"></span> valore del<span class=\"_ _0\"></span> bene.  Sono integralment<span class=\"_ _0\"></span>e elimina<span class=\"_ _0\"></span>ti i dividendi distr<span class=\"_ _0\"></span>ibuiti ne<span class=\"_ _0\"></span>ll\u2019ambito del grupp<span class=\"_ _0\"></span>o. La <span class=\"_ _d\"></span>quot<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interessenz<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _d\"></span>az<span class=\"_ _0\"></span>ionisti <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>mi<span class=\"_ _0\"></span>noranza <span class=\"_ _5\"></span>(partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>terz<span class=\"_ _0\"></span>i) <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 nette <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>olidate <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>identificata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>separatamente <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _3\"></span>netto di <span class=\"_ _f\"> </span>Gruppo; <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>quota <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>ter<span class=\"_ _0\"></span>zi <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>risulta<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>d\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>ev<span class=\"_ _0\"></span>idenziata separatamente <span class=\"_ _b\"> </span>nel <span class=\"_ _a\"> </span>pros<span class=\"_ _0\"></span>petto <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile/(perdita) <span class=\"_ _b\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>ltre <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>nenti <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompless<span class=\"_ _0\"></span>ivo <span class=\"_ _e\"> </span>consolidato.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Tal<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>inte<span class=\"_ _0\"></span>ressenza <span class=\"_ _f\"> </span>viene <span class=\"_ _e\"> </span>deter<span class=\"_ _0\"></span>minata <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bas<span class=\"_ _0\"></span>e alla <span class=\"_ _5\"> </span>percen<span class=\"_ _0\"></span>tuale <span class=\"_ _e\"> </span>da <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>detenuta <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>ei <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _e\"> </span>value <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _e\"> </span>iscritte <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data<span class=\"_ _0\"></span> dell\u2019acquisizione <span class=\"_ _3e\"> </span>ori<span class=\"_ _0\"></span>ginaria <span class=\"_ _3e\"> </span>e <span class=\"_ _3e\"> </span>nelle <span class=\"_ _3e\"> </span>variazioni <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _3e\"> </span>netto <span class=\"_ _3e\"> </span>dopo <span class=\"_ _3e\"> </span>tale <span class=\"_ _3e\"> </span>data.<span class=\"_ _0\"></span> Successivame<span class=\"_ _0\"></span>nte <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attribuibili <span class=\"_ _e\"> </span>agli<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>azionisti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>minoranza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>(partecipazioni <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>terzi) eccedenti <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>loro <span class=\"_ _3\"></span>spettanza <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tribuite <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Gruppo ad <span class=\"_ _f\"> </span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>casi <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>cui <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>inoranze <span class=\"_ _1\"> </span>hanno <span class=\"_ _1\"> </span>un\u2019obbligazione <span class=\"_ _1\"> </span>vincolante <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>in grado di fornire u<span class=\"_ _0\"></span>lteriori inv<span class=\"_ _0\"></span>estimenti per c<span class=\"_ _0\"></span>oprire le <span class=\"_ _0\"></span>perdite.<span class=\"_ _0\"></span> I <span class=\"_\"> </span>bilanci <span class=\"_\"> </span>separati <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>cias<span class=\"_ _0\"></span>cuna <span class=\"_\"> </span>societ\u00e0 <span class=\"_\"> </span>appartenente<span class=\"_ _0\"></span> <span class=\"_\"> </span>al <span class=\"_ _1\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_\"> </span>vengono <span class=\"_\"> </span>preparati <span class=\"_\"> </span>nella valuta <span class=\"_ _f\"> </span>dell\u2019ambient<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _f\"> </span>primari<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _f\"> </span>essa <span class=\"_ _f\"> </span>oper<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>(valuta <span class=\"_ _f\"> </span>fu<span class=\"_ _0\"></span>nzionale),<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>come <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> seguito indicato:<span class=\"_ _0\"></span> ValutaMascioni USA Inc.USDBassetti S<span class=\"_ _0\"></span>chweiz A.G.CHFNella <span class=\"_ _3\"></span>preparaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>bila<span class=\"_ _0\"></span>nci <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>singo<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>entit\u00e0, <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>operazion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>valute <span class=\"_ _3\"></span>diver<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>dall\u2019Euro sono inizialmen<span class=\"_ _0\"></span>te rilevate ai c<span class=\"_ _0\"></span>ambi alle date <span class=\"_ _0\"></span>delle stesse.<span class=\"_ _0\"></span> Ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"> </span>della <span class=\"_ _5\"> </span>pres<span class=\"_ _0\"></span>entazione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>bilancio <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>onsolidato, <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _5\"></span>imprese controllate <span class=\"_ _3\"></span>est<span class=\"_ _0\"></span>ere, <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>cui <span class=\"_ _d\"></span>valute <span class=\"_ _d\"></span>funziona<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iverse <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>all\u2019Euro, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>conv<span class=\"_ _0\"></span>ertite <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>cambi<span class=\"_ _0\"></span> correnti <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>bi<span class=\"_ _0\"></span>lancio, <span class=\"_ _d\"></span>mentre <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>oro <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economic<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>convertito <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>bio <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>edio dell\u2019esercizio, <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>itenuto <span class=\"_ _e\"> </span>rappr<span class=\"_ _0\"></span>esentativo <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>ai <span class=\"_ _e\"> </span>q<span class=\"_ _0\"></span>uali <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _f\"> </span>effettuate <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>relative operazioni. <span class=\"_ _5\"> </span>Le <span class=\"_ _e\"> </span>differenze <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ambio <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>mergenti <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>oce <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>pat<span class=\"_ _0\"></span>rimonio <span class=\"_ _e\"> </span>netto Riserva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>traduzione<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>Tale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rilevata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _3\"></span>provento <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome onere nel period<span class=\"_ _0\"></span>o in cui la relat<span class=\"_ _0\"></span>iva impresa<span class=\"_ _0\"></span> controllata \u00e8 cedut<span class=\"_ _0\"></span>a. Nell\u2019area <span class=\"_ _c\"> </span>di <span class=\"_ _c\"> </span>consolidame<span class=\"_ _0\"></span>nto <span class=\"_ _c\"> </span>non <span class=\"_ _4\"> </span>vi <span class=\"_ _c\"> </span>sono <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>prese <span class=\"_ _c\"> </span>controllate <span class=\"_ _c\"> </span>e/o<span class=\"_ _0\"></span> <span class=\"_ _4\"> </span>c<span class=\"_ _0\"></span>ollegate <span class=\"_ _c\"> </span>che appartengono <span class=\"_ _0\"></span>a Paesi ad e<span class=\"_ _0\"></span>conomia iperinf<span class=\"_ _0\"></span>lazionata.<span class=\"_ _0\"></span> L\u2019avviamento <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>le <span class=\"_ _5\"> </span>altre <span class=\"_ _5\"></span>rettifich<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>esporre <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lue <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>ntit\u00e0 acquisite <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>rilevati <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>passivit\u00e0 <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0. <span class=\"_ _e\"> </span>Nel <span class=\"_ _e\"> </span>caso <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _e\"> </span>estere acquisite sono c<span class=\"_ _0\"></span>onvertiti al <span class=\"_ _0\"></span>cambio d<span class=\"_ _0\"></span>i fine anno. I <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>applicati <span class=\"_ _e\"> </span>nella <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span>versione <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>bilanci <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>societ\u00e0 <span class=\"_ _e\"> </span>estere <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>paesi <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>adere<span class=\"_ _0\"></span>nti all\u2019Euro sono i s<span class=\"_ _0\"></span>eguenti:  2021<span class=\"_ _11f\"></span>2022medioal 31/12medioal 31/12Franco s<span class=\"_ _0\"></span>vizzero1,00170,98471,07991,0331Dollaro U.S.<span class=\"_ _0\"></span>A1,05001,06661,18161,1326Si <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>iporta <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>principio <span class=\"_\"> </span>per <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>contabilizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>aggregazi<span class=\"_ _0\"></span>oni <span class=\"_ _1\"> </span>aziendali <span class=\"_ _1\"> </span>in<span class=\"_ _0\"></span> conformit\u00e0 al<span class=\"_ _0\"></span>l\u2019IFRS 3 (rivist<span class=\"_ _0\"></span>o nel 2020)<span class=\"_ _0\"></span> Le <span class=\"_ _d\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>aggregazione <span class=\"_ _5\"></span>aziendale <span class=\"_ _5\"></span>(business<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>combination) <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>rilevate <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>accordo con <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019IFRS <span class=\"_ _3\"></span>3- <span class=\"_ _0\"></span>\u2018<span class=\"_ _0\"></span>Aggregazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>iendali\u2019, <span class=\"_ _3\"></span>applicando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osiddetto <span class=\"_ _3\"></span>acquisition <span class=\"_ _3\"></span>method<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>costo di <span class=\"_ _3\"></span>un\u2019acquisizione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>determinato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>somma <span class=\"_ _3\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrispettivi <span class=\"_ _3\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>un\u2019ag<span class=\"_ _0\"></span>gregazione aziendale, <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value, <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>acqu<span class=\"_ _0\"></span>isizione <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>ll\u2019ammontare <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l patrimonio <span class=\"_ _f\"> </span>nett<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>pertinenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>terzi, <span class=\"_ _f\"> </span>valutato <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>valore <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>o-quota <span class=\"_ _f\"> </span>delle attivit\u00e0 <span class=\"_\"> </span>nette <span class=\"_ _a\"> </span>riconosciute <span class=\"_ _a\"> </span>pe<span class=\"_ _2\"></span>r <span class=\"_\"> </span>l\u2019impres<span class=\"_ _0\"></span>a <span class=\"_\"> </span>acquist<span class=\"_ _0\"></span>ata. <span class=\"_ _a\"> </span>Nel <span class=\"_\"> </span>caso <span class=\"_\"> </span>di <span class=\"_\"> </span>aggreg<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>az<span class=\"_ _0\"></span>iendali avvenute <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>fasi<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>artecipazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>edentem<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>Soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>nell\u2019impres<span class=\"_ _0\"></span>a acquisita <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ivalutata <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di ac<span class=\"_ _0\"></span>quisizione <span class=\"_ _3\"></span>del c<span class=\"_ _0\"></span>ontrollo <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l\u2019eventuale <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>o perdita <span class=\"_ _a\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>ne <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onsegue <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ilevata <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>conto <span class=\"_ _a\"> </span>ec<span class=\"_ _0\"></span>onomico. <span class=\"_ _b\"> </span>I <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>ettivi <span class=\"_ _a\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _b\"> </span>a condizione <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>fair <span class=\"_ _14\"> </span>value <span class=\"_ _14\"> </span>alla <span class=\"_ _14\"> </span>data <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>acquisizione <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>sono <span class=\"_ _14\"> </span>inclusi <span class=\"_ _14\"> </span>tra <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span> corrispettivi <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _d\"></span>della <span class=\"_ _5\"></span>determinazione <span class=\"_ _5\"></span>dell\u2019avv<span class=\"_ _0\"></span>iamento. <span class=\"_ _d\"></span>Le <span class=\"_ _d\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>uccessive del <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>corrisp<span class=\"_ _0\"></span>ettivo <span class=\"_ _f\"> </span>sottopos<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>condizione, <span class=\"_ _f\"> </span>os<span class=\"_ _0\"></span>sia <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>amm<span class=\"_ _0\"></span>ontare <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>cui<span class=\"_ _0\"></span> erogazione <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ipendent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>eventi <span class=\"_ _d\"></span>futuri, <span class=\"_ _d\"></span>classif<span class=\"_ _0\"></span>icato <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _3\"></span>strum<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nanziar<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> rilevate <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>conto <span class=\"_ _a\"> </span>econ<span class=\"_ _0\"></span>omico <span class=\"_ _a\"> </span>o <span class=\"_ _a\"> </span>patrimonio <span class=\"_ _a\"> </span>netto <span class=\"_ _a\"> </span>nell\u2019am<span class=\"_ _0\"></span>bito <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>altre <span class=\"_ _a\"> </span>comp<span class=\"_ _0\"></span>onenti <span class=\"_ _a\"> </span>del risultato <span class=\"_ _9\"> </span>comples<span class=\"_ _0\"></span>sivo. <span class=\"_ _9\"> </span>I <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>orrispett<span class=\"_ _0\"></span>ivi <span class=\"_ _9\"> </span>sottopos<span class=\"_ _0\"></span>ti <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>cond<span class=\"_ _0\"></span>izione <span class=\"_ _9\"> </span>che <span class=\"_ _10\"> </span>non <span class=\"_ _9\"> </span>rappres<span class=\"_ _0\"></span>entano strumenti <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _3\"></span>regolati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>principio <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>9-<span class=\"_ _0\"></span>\u2018Strument<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>ari\u2019 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>valutati <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>e allo <span class=\"_\"> </span>sp<span class=\"_ _0\"></span>ecifico <span class=\"_ _a\"> </span>I<span class=\"_ _2\"></span>FRS/I<span class=\"_ _0\"></span>AS <span class=\"_\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_\"> </span>riferi<span class=\"_ _0\"></span>mento. <span class=\"_ _a\"> </span>I <span class=\"_\"> </span>corrispett<span class=\"_ _0\"></span>ivi <span class=\"_\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>condizione <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o classificati <span class=\"_ _8\"> </span>come <span class=\"_ _8\"> </span>stru<span class=\"_ _0\"></span>mento <span class=\"_ _8\"> </span>di <span class=\"_ _14\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _8\"> </span>non <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>rimisurat<span class=\"_ _0\"></span>i, <span class=\"_ _14\"> </span>e, <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>nseguente<span class=\"_ _0\"></span>mente <span class=\"_ _8\"> </span>il regolamento<span class=\"_ _0\"></span> <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _a\"> </span>n<span class=\"_ _2\"></span>ell\u2019ambito <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>p<span class=\"_ _0\"></span>atrimonio <span class=\"_ _a\"> </span>netto. <span class=\"_\"> </span>Gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>on<span class=\"_ _0\"></span>eri <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>cessori <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span>lla transazione son<span class=\"_ _0\"></span>o rilevati a <span class=\"_ _0\"></span>conto economico <span class=\"_ _0\"></span>nel momento <span class=\"_ _0\"></span>in cui sono s<span class=\"_ _0\"></span>ostenuti. Eventuali <span class=\"_ _3e\"> </span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _3e\"> </span>value <span class=\"_ _3e\"> </span>avvenute <span class=\"_ _3e\"> </span>in <span class=\"_ _3e\"> </span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _3e\"> </span>all\u2019ottenimento <span class=\"_ _3e\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>maggiori informazioni <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>periodo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>misurazione <span class=\"_ _0\"></span>(12 <span class=\"_ _0\"></span>mesi <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>data di <span class=\"_ _0\"></span>acquisizi<span class=\"_ _0\"></span>one) <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>incluse <span class=\"_ _0\"></span>in modo <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>etrospettivo <span class=\"_ _3\"></span>nell\u2019avviament<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>L\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _3\"></span>acquisito <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>aggregazione <span class=\"_ _3\"></span>azien<span class=\"_ _0\"></span>dale \u00e8 inizialme<span class=\"_ _0\"></span>nte misurat<span class=\"_ _0\"></span>o al c<span class=\"_ _0\"></span>osto r<span class=\"_ _0\"></span>appresentato <span class=\"_ _0\"></span>dall\u2019eccedenza <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>la somma <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>orrispettivi<span class=\"_ _0\"></span> trasferiti <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>una <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>gregaz<span class=\"_ _0\"></span>ione <span class=\"_ _e\"> </span>azienda<span class=\"_ _0\"></span>le, <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>patrimonio<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>pertinenza <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> terzi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _d\"></span>dell\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _d\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span>l\u2019impresa<span class=\"_ _0\"></span> acquisita <span class=\"_ _3\"></span>rispett<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Societ\u00e0 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>eq<span class=\"_ _0\"></span>uo <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span>, passivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>poten<span class=\"_ _0\"></span>ziali <span class=\"_ _3\"></span>identificabil<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dell\u2019impresa <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ita. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit<span class=\"_ _0\"></span>\u00e0 nette <span class=\"_ _b\"> </span>ac<span class=\"_ _0\"></span>quisite <span class=\"_ _14\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _14\"> </span>assun<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _14\"> </span>data <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>cquisizione <span class=\"_ _14\"> </span>ecc<span class=\"_ _0\"></span>ede <span class=\"_ _14\"> </span>la <span class=\"_ _14\"> </span>somma <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>ei corrispettivi <span class=\"_ _d\"></span>trasfer<span class=\"_ _0\"></span>iti, <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>patrimoni<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>netto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>terzi <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>l\u2019eventua<span class=\"_ _0\"></span>le partecipazione <span class=\"_\"> </span>preced<span class=\"_ _0\"></span>entemente <span class=\"_\"> </span>detenuta<span class=\"_ _0\"></span> <span class=\"_\"> </span>nell\u2019impresa <span class=\"_\"> </span>acquisita,<span class=\"_ _0\"></span> <span class=\"_\"> </span>tale <span class=\"_\"> </span>eccedenza <span class=\"_\"> </span>viene<span class=\"_ _0\"></span> contabilizzata <span class=\"_\"> </span>come <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ovento <span class=\"_\"> </span>della <span class=\"_\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_\"> </span>con<span class=\"_ _0\"></span>clusa <span class=\"_\"> </span>a <span class=\"_\"> </span>conto <span class=\"_\"> </span>economico.<span class=\"_ _0\"></span> <span class=\"_\"> </span>Dopo <span class=\"_\"> </span>la rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _0\"></span>l\u2019avviam<span class=\"_ _0\"></span>ento \u00e8<span class=\"_ _0\"></span> misur<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>al costo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al nett<span class=\"_ _0\"></span>o di r<span class=\"_ _0\"></span>iduzi<span class=\"_ _0\"></span>oni di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>cumulate.<span class=\"_ _0\"></span> Al <span class=\"_ _a\"> </span>fine <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>verifica<span class=\"_ _0\"></span>re <span class=\"_ _a\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>presenza <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>riduzion<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alore, <span class=\"_ _b\"> </span>l\u2019avviamento <span class=\"_ _b\"> </span>acquisito <span class=\"_ _b\"> </span>in <span class=\"_ _a\"> </span>una<span class=\"_ _0\"></span> aggregazione <span class=\"_ _3\"></span>aziendale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>allocato, <span class=\"_ _3\"></span>dalla <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>quisizione, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>singole <span class=\"_ _3\"></span>unit\u00e0 <span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>eneratrici di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iari, <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>gru<span class=\"_ _0\"></span>ppi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>ge<span class=\"_ _0\"></span>neratrici <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>fl<span class=\"_ _0\"></span>ussi <span class=\"_ _d\"></span>finanziari <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ovrebb<span class=\"_ _0\"></span>ero <span class=\"_ _d\"></span>trarre<span class=\"_ _0\"></span> beneficio <span class=\"_ _5\"></span>dalle <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span>nergie <span class=\"_ _5\"></span>dell\u2019aggre<span class=\"_ _0\"></span>gazione, <span class=\"_ _5\"></span>indipendentemente <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fatto <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>altre <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>o<span class=\"_ _0\"></span> passivit\u00e0 <span class=\"_ _1\"> </span>dell\u2019acquisita <span class=\"_ _1\"> </span>siano <span class=\"_ _1\"> </span>assegnate <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ta<span class=\"_ _0\"></span>li <span class=\"_ _1\"> </span>unit\u00e0 <span class=\"_ _f\"> </span>o <span class=\"_ _1\"> </span>raggruppame<span class=\"_ _0\"></span>nti <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>unit\u00e0.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Quando l\u2019avviamento <span class=\"_ _5\"> </span>cos<span class=\"_ _0\"></span>tituisce <span class=\"_ _5\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>una <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>generatr<span class=\"_ _0\"></span>ice <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>flussi <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _5\"></span>(grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>unit\u00e0 generatrici <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>flussi <span class=\"_ _14\"> </span>finanziari) <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>parte <span class=\"_ _14\"> </span>dell\u2019attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _14\"> </span>interna <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>ta<span class=\"_ _0\"></span>le <span class=\"_ _b\"> </span>uni<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _14\"> </span>ceduta, l\u2019avviamento <span class=\"_ _a\"> </span>associato <span class=\"_\"> </span>all\u2019attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_\"> </span>ced<span class=\"_ _0\"></span>uta <span class=\"_\"> </span>\u00e8 <span class=\"_ _a\"> </span>incluso <span class=\"_\"> </span>nel <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _a\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>er determinare <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>\u2019utile <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>la <span class=\"_ _14\"> </span>perdita <span class=\"_ _14\"> </span>derivante <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _b\"> </span>ces<span class=\"_ _0\"></span>sione. <span class=\"_ _b\"> </span>L\u2019avviamento<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cedut<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>tal<span class=\"_ _0\"></span>i circostanze <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"></span>misur<span class=\"_ _0\"></span>ato <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _5\"></span>dell\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"></span>ceduta <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>porzione <span class=\"_ _5\"></span>di unit\u00e0 mantenuta i<span class=\"_ _0\"></span>n essere. Negli <span class=\"_ _b\"> </span>eser<span class=\"_ _0\"></span>cizi <span class=\"_ _14\"> </span>fino <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>09 <span class=\"_ _b\"> </span>inc<span class=\"_ _0\"></span>luso <span class=\"_ _14\"> </span>le <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>ggregazioni <span class=\"_ _14\"> </span>aziend<span class=\"_ _0\"></span>ali <span class=\"_ _b\"> </span>ven<span class=\"_ _0\"></span>ivano <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontabilizzat<span class=\"_ _0\"></span>e applicando <span class=\"_ _d6\"> </span>il <span class=\"_ _12\"> </span>\u201cpurchas<span class=\"_ _0\"></span>e <span class=\"_ _d6\"> </span>method\u201d. <span class=\"_ _12\"> </span>I <span class=\"_ _d6\"> </span>costi <span class=\"_ _d6\"> </span>di <span class=\"_ _12\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_ _d6\"> </span>direttamente <span class=\"_ _d6\"> </span>attribuibili all\u2019aggregazio<span class=\"_ _0\"></span>ne <span class=\"_ _a\"> </span>venivano<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>considerati <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _a\"> </span>parte <span class=\"_ _b\"> </span>del <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>acquisto. <span class=\"_ _b\"> </span>Le <span class=\"_ _a\"> </span>quote <span class=\"_ _b\"> </span>di minoranza <span class=\"_ _3\"></span>venivano <span class=\"_ _3\"></span>misurate <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>dell\u2019attivo <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ntificabile dell\u2019acquisita. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>aggregaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>azi<span class=\"_ _0\"></span>endali <span class=\"_ _f\"> </span>realizzat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>pi\u00f9 <span class=\"_ _1\"> </span>fasi <span class=\"_ _f\"> </span>venivano <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ate <span class=\"_ _f\"> </span>in momenti separat<span class=\"_ _0\"></span>i.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__19": {
   "value": "Controllate<span class=\"_ _0\"></span> I <span class=\"_ _f\"> </span>risultati <span class=\"_ _f\"> </span>economici <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>imprese <span class=\"_ _f\"> </span>control<span class=\"_ _0\"></span>late <span class=\"_ _f\"> </span>acquisite <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>cedu<span class=\"_ _0\"></span>te <span class=\"_ _f\"> </span>nel <span class=\"_ _f\"> </span>corso <span class=\"_ _f\"> </span>dell\u2019esercizio sono <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nclusi <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ospetto <span class=\"_ _3\"></span>dell\u2019utile/(p<span class=\"_ _0\"></span>erdita) <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>componen<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>conto economico <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>omplessivo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>consoli<span class=\"_ _0\"></span>dato <span class=\"_ _3\"></span>dall\u2019<span class=\"_ _0\"></span>effettiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>acquisiz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>fino <span class=\"_ _d\"></span>all\u2019effe<span class=\"_ _0\"></span>ttiva <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> di cessione. Il <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontabile <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>pa<span class=\"_ _0\"></span>rtecipazioni <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>eliminato <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntro <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>rel<span class=\"_ _0\"></span>ativi patrimoni <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>tti <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>front<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>dell\u2019assunz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _f\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>passivit\u00e0 <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>stesse <span class=\"_ _1\"> </span>secondo <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> metodo <span class=\"_ _3e\"> </span>della <span class=\"_ _3e\"> </span>integrazi<span class=\"_ _0\"></span>one <span class=\"_ _3e\"> </span>globa<span class=\"_ _0\"></span>le. <span class=\"_ _3e\"> </span>La <span class=\"_ _3e\"> </span>differenza<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>tra <span class=\"_ _3e\"> </span>il <span class=\"_ _3e\"> </span>prezzo <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>acquis<span class=\"_ _0\"></span>to <span class=\"_ _3e\"> </span>della partecipazione <span class=\"_\"> </span>ed <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>patrimonio <span class=\"_\"> </span>netto <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ontabile <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _1\"> </span>cui <span class=\"_\"> </span>l\u2019impresa <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>inc<span class=\"_ _0\"></span>lusa <span class=\"_ _1\"> </span>n<span class=\"_ _0\"></span>el consolidament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputat<span class=\"_ _0\"></span>a, <span class=\"_ _f\"> </span>nei <span class=\"_ _f\"> </span>limiti <span class=\"_ _f\"> </span>attribuibili, <span class=\"_ _f\"> </span>agli <span class=\"_ _f\"> </span>elementi <span class=\"_ _f\"> </span>dell\u2019attivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>passivo <span class=\"_ _f\"> </span>e delle <span class=\"_ _8\"> </span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _9\"> </span>pote<span class=\"_ _0\"></span>nziali <span class=\"_ _9\"> </span>dell\u2019impresa <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>onsolidata.<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>L\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _9\"> </span>differenz<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>residu<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>e positiva \u00e8 attri<span class=\"_ _0\"></span>buita alla voc<span class=\"_ _0\"></span>e avviament<span class=\"_ _0\"></span>o, se negativa <span class=\"_ _0\"></span>viene imputata <span class=\"_ _0\"></span>al conto ec<span class=\"_ _0\"></span>onomico.<span class=\"_ _0\"></span> Tutte <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>perazioni <span class=\"_ _1\"> </span>signific<span class=\"_ _0\"></span>ative <span class=\"_ _1\"> </span>intercorse <span class=\"_ _1\"> </span>(costi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>ricavi) <span class=\"_ _1\"> </span>fra <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>societ\u00e0 <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>i relativi <span class=\"_ _3\"></span>sa<span class=\"_ _0\"></span>ldi <span class=\"_ _3\"></span>(cred<span class=\"_ _0\"></span>iti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>biti) <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>eliminat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>proc<span class=\"_ _0\"></span>esso <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>consolidam<span class=\"_ _0\"></span>ento, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>os\u00ec <span class=\"_ _3\"></span>come <span class=\"_ _d\"></span>gli utili <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>real<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>tali <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nsazioni; <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>eliminat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span> cui esse rappres<span class=\"_ _0\"></span>entino un <span class=\"_ _0\"></span>effettivo minor<span class=\"_ _0\"></span> valore del<span class=\"_ _0\"></span> bene.  Sono integralment<span class=\"_ _0\"></span>e elimina<span class=\"_ _0\"></span>ti i dividendi distr<span class=\"_ _0\"></span>ibuiti ne<span class=\"_ _0\"></span>ll\u2019ambito del grupp<span class=\"_ _0\"></span>o. La <span class=\"_ _d\"></span>quot<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interessenz<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>egli <span class=\"_ _d\"></span>az<span class=\"_ _0\"></span>ionisti <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>mi<span class=\"_ _0\"></span>noranza <span class=\"_ _5\"></span>(partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>terz<span class=\"_ _0\"></span>i) <span class=\"_ _d\"></span>nel<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 nette <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>olidate <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>identificata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>separatamente <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _3\"></span>netto di <span class=\"_ _f\"> </span>Gruppo; <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>quota <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>ter<span class=\"_ _0\"></span>zi <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>risulta<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>d\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>ev<span class=\"_ _0\"></span>idenziata separatamente <span class=\"_ _b\"> </span>nel <span class=\"_ _a\"> </span>pros<span class=\"_ _0\"></span>petto <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile/(perdita) <span class=\"_ _b\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>a<span class=\"_ _0\"></span>ltre <span class=\"_ _a\"> </span>compo<span class=\"_ _0\"></span>nenti <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompless<span class=\"_ _0\"></span>ivo <span class=\"_ _e\"> </span>consolidato.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Tal<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>inte<span class=\"_ _0\"></span>ressenza <span class=\"_ _f\"> </span>viene <span class=\"_ _e\"> </span>deter<span class=\"_ _0\"></span>minata <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bas<span class=\"_ _0\"></span>e alla <span class=\"_ _5\"> </span>percen<span class=\"_ _0\"></span>tuale <span class=\"_ _e\"> </span>da <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>detenuta <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>ei <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _e\"> </span>value <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _e\"> </span>iscritte <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data<span class=\"_ _0\"></span> dell\u2019acquisizione <span class=\"_ _3e\"> </span>ori<span class=\"_ _0\"></span>ginaria <span class=\"_ _3e\"> </span>e <span class=\"_ _3e\"> </span>nelle <span class=\"_ _3e\"> </span>variazioni <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _3e\"> </span>netto <span class=\"_ _3e\"> </span>dopo <span class=\"_ _3e\"> </span>tale <span class=\"_ _3e\"> </span>data.<span class=\"_ _0\"></span> Successivame<span class=\"_ _0\"></span>nte <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attribuibili <span class=\"_ _e\"> </span>agli<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>azionisti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>minoranza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>(partecipazioni <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>terzi) eccedenti <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>loro <span class=\"_ _3\"></span>spettanza <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tribuite <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Gruppo ad <span class=\"_ _f\"> </span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>casi <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>cui <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>inoranze <span class=\"_ _1\"> </span>hanno <span class=\"_ _1\"> </span>un\u2019obbligazione <span class=\"_ _1\"> </span>vincolante <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>in grado di fornire u<span class=\"_ _0\"></span>lteriori inv<span class=\"_ _0\"></span>estimenti per c<span class=\"_ _0\"></span>oprire le <span class=\"_ _0\"></span>perdite.<span class=\"_ _0\"></span> I <span class=\"_\"> </span>bilanci <span class=\"_\"> </span>separati <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>cias<span class=\"_ _0\"></span>cuna <span class=\"_\"> </span>societ\u00e0 <span class=\"_\"> </span>appartenente<span class=\"_ _0\"></span> <span class=\"_\"> </span>al <span class=\"_ _1\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_\"> </span>vengono <span class=\"_\"> </span>preparati <span class=\"_\"> </span>nella valuta <span class=\"_ _f\"> </span>dell\u2019ambient<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _f\"> </span>primari<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _f\"> </span>essa <span class=\"_ _f\"> </span>oper<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>(valuta <span class=\"_ _f\"> </span>fu<span class=\"_ _0\"></span>nzionale),<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>come <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> seguito indicato:<span class=\"_ _0\"></span> ValutaMascioni USA Inc.USDBassetti S<span class=\"_ _0\"></span>chweiz A.G.CHFNella <span class=\"_ _3\"></span>preparaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>bila<span class=\"_ _0\"></span>nci <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>singo<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>entit\u00e0, <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>operazion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>valute <span class=\"_ _3\"></span>diver<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>dall\u2019Euro sono inizialmen<span class=\"_ _0\"></span>te rilevate ai c<span class=\"_ _0\"></span>ambi alle date <span class=\"_ _0\"></span>delle stesse.<span class=\"_ _0\"></span> Ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"> </span>della <span class=\"_ _5\"> </span>pres<span class=\"_ _0\"></span>entazione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>bilancio <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>onsolidato, <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _5\"></span>imprese controllate <span class=\"_ _3\"></span>est<span class=\"_ _0\"></span>ere, <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>cui <span class=\"_ _d\"></span>valute <span class=\"_ _d\"></span>funziona<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iverse <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>all\u2019Euro, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>conv<span class=\"_ _0\"></span>ertite <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>cambi<span class=\"_ _0\"></span> correnti <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>bi<span class=\"_ _0\"></span>lancio, <span class=\"_ _d\"></span>mentre <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>oro <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>economic<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>convertito <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>bio <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>edio dell\u2019esercizio, <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>itenuto <span class=\"_ _e\"> </span>rappr<span class=\"_ _0\"></span>esentativo <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>ai <span class=\"_ _e\"> </span>q<span class=\"_ _0\"></span>uali <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _f\"> </span>effettuate <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>relative operazioni. <span class=\"_ _5\"> </span>Le <span class=\"_ _e\"> </span>differenze <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ambio <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>mergenti <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>oce <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>pat<span class=\"_ _0\"></span>rimonio <span class=\"_ _e\"> </span>netto Riserva <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>traduzione<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>Tale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rilevata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _3\"></span>provento <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome onere nel period<span class=\"_ _0\"></span>o in cui la relat<span class=\"_ _0\"></span>iva impresa<span class=\"_ _0\"></span> controllata \u00e8 cedut<span class=\"_ _0\"></span>a. Nell\u2019area <span class=\"_ _c\"> </span>di <span class=\"_ _c\"> </span>consolidame<span class=\"_ _0\"></span>nto <span class=\"_ _c\"> </span>non <span class=\"_ _4\"> </span>vi <span class=\"_ _c\"> </span>sono <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>prese <span class=\"_ _c\"> </span>controllate <span class=\"_ _c\"> </span>e/o<span class=\"_ _0\"></span> <span class=\"_ _4\"> </span>c<span class=\"_ _0\"></span>ollegate <span class=\"_ _c\"> </span>che appartengono <span class=\"_ _0\"></span>a Paesi ad e<span class=\"_ _0\"></span>conomia iperinf<span class=\"_ _0\"></span>lazionata.<span class=\"_ _0\"></span> L\u2019avviamento <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>le <span class=\"_ _5\"> </span>altre <span class=\"_ _5\"></span>rettifich<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>esporre <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lue <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>ntit\u00e0 acquisite <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>rilevati <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>passivit\u00e0 <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0. <span class=\"_ _e\"> </span>Nel <span class=\"_ _e\"> </span>caso <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _e\"> </span>estere acquisite sono c<span class=\"_ _0\"></span>onvertiti al <span class=\"_ _0\"></span>cambio d<span class=\"_ _0\"></span>i fine anno. I <span class=\"_ _e\"> </span>cambi <span class=\"_ _e\"> </span>applicati <span class=\"_ _e\"> </span>nella <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span>versione <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>bilanci <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>societ\u00e0 <span class=\"_ _e\"> </span>estere <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>paesi <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>adere<span class=\"_ _0\"></span>nti all\u2019Euro sono i s<span class=\"_ _0\"></span>eguenti:  2021<span class=\"_ _11f\"></span>2022medioal 31/12medioal 31/12Franco s<span class=\"_ _0\"></span>vizzero1,00170,98471,07991,0331Dollaro U.S.<span class=\"_ _0\"></span>A1,05001,06661,18161,1326Si <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>iporta <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>principio <span class=\"_\"> </span>per <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>contabilizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>aggregazi<span class=\"_ _0\"></span>oni <span class=\"_ _1\"> </span>aziendali <span class=\"_ _1\"> </span>in<span class=\"_ _0\"></span> conformit\u00e0 al<span class=\"_ _0\"></span>l\u2019IFRS 3 (rivist<span class=\"_ _0\"></span>o nel 2020)<span class=\"_ _0\"></span> Le <span class=\"_ _d\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>aggregazione <span class=\"_ _5\"></span>aziendale <span class=\"_ _5\"></span>(business<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>combination) <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>rilevate <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>accordo con <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019IFRS <span class=\"_ _3\"></span>3- <span class=\"_ _0\"></span>\u2018<span class=\"_ _0\"></span>Aggregazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>iendali\u2019, <span class=\"_ _3\"></span>applicando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osiddetto <span class=\"_ _3\"></span>acquisition <span class=\"_ _3\"></span>method<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>costo di <span class=\"_ _3\"></span>un\u2019acquisizione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>determinato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>somma <span class=\"_ _3\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrispettivi <span class=\"_ _3\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>un\u2019ag<span class=\"_ _0\"></span>gregazione aziendale, <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value, <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>acqu<span class=\"_ _0\"></span>isizione <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>ll\u2019ammontare <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l patrimonio <span class=\"_ _f\"> </span>nett<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>pertinenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>terzi, <span class=\"_ _f\"> </span>valutato <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>valore <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>o-quota <span class=\"_ _f\"> </span>delle attivit\u00e0 <span class=\"_\"> </span>nette <span class=\"_ _a\"> </span>riconosciute <span class=\"_ _a\"> </span>pe<span class=\"_ _2\"></span>r <span class=\"_\"> </span>l\u2019impres<span class=\"_ _0\"></span>a <span class=\"_\"> </span>acquist<span class=\"_ _0\"></span>ata. <span class=\"_ _a\"> </span>Nel <span class=\"_\"> </span>caso <span class=\"_\"> </span>di <span class=\"_\"> </span>aggreg<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>az<span class=\"_ _0\"></span>iendali avvenute <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>fasi<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>artecipazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>edentem<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>Soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>nell\u2019impres<span class=\"_ _0\"></span>a acquisita <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ivalutata <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di ac<span class=\"_ _0\"></span>quisizione <span class=\"_ _3\"></span>del c<span class=\"_ _0\"></span>ontrollo <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l\u2019eventuale <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>o perdita <span class=\"_ _a\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>ne <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onsegue <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>ilevata <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>conto <span class=\"_ _a\"> </span>ec<span class=\"_ _0\"></span>onomico. <span class=\"_ _b\"> </span>I <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>ettivi <span class=\"_ _a\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _b\"> </span>a condizione <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>fair <span class=\"_ _14\"> </span>value <span class=\"_ _14\"> </span>alla <span class=\"_ _14\"> </span>data <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>acquisizione <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>sono <span class=\"_ _14\"> </span>inclusi <span class=\"_ _14\"> </span>tra <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span> corrispettivi <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>feriti <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _d\"></span>della <span class=\"_ _5\"></span>determinazione <span class=\"_ _5\"></span>dell\u2019avv<span class=\"_ _0\"></span>iamento. <span class=\"_ _d\"></span>Le <span class=\"_ _d\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>uccessive del <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>corrisp<span class=\"_ _0\"></span>ettivo <span class=\"_ _f\"> </span>sottopos<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>condizione, <span class=\"_ _f\"> </span>os<span class=\"_ _0\"></span>sia <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>amm<span class=\"_ _0\"></span>ontare <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>cui<span class=\"_ _0\"></span> erogazione <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ipendent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>eventi <span class=\"_ _d\"></span>futuri, <span class=\"_ _d\"></span>classif<span class=\"_ _0\"></span>icato <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _3\"></span>strum<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nanziar<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> rilevate <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>conto <span class=\"_ _a\"> </span>econ<span class=\"_ _0\"></span>omico <span class=\"_ _a\"> </span>o <span class=\"_ _a\"> </span>patrimonio <span class=\"_ _a\"> </span>netto <span class=\"_ _a\"> </span>nell\u2019am<span class=\"_ _0\"></span>bito <span class=\"_ _a\"> </span>delle <span class=\"_ _a\"> </span>altre <span class=\"_ _a\"> </span>comp<span class=\"_ _0\"></span>onenti <span class=\"_ _a\"> </span>del risultato <span class=\"_ _9\"> </span>comples<span class=\"_ _0\"></span>sivo. <span class=\"_ _9\"> </span>I <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>orrispett<span class=\"_ _0\"></span>ivi <span class=\"_ _9\"> </span>sottopos<span class=\"_ _0\"></span>ti <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>cond<span class=\"_ _0\"></span>izione <span class=\"_ _9\"> </span>che <span class=\"_ _10\"> </span>non <span class=\"_ _9\"> </span>rappres<span class=\"_ _0\"></span>entano strumenti <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _3\"></span>regolati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>principio <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>9-<span class=\"_ _0\"></span>\u2018Strument<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>ari\u2019 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>valutati <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>e allo <span class=\"_\"> </span>sp<span class=\"_ _0\"></span>ecifico <span class=\"_ _a\"> </span>I<span class=\"_ _2\"></span>FRS/I<span class=\"_ _0\"></span>AS <span class=\"_\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_\"> </span>riferi<span class=\"_ _0\"></span>mento. <span class=\"_ _a\"> </span>I <span class=\"_\"> </span>corrispett<span class=\"_ _0\"></span>ivi <span class=\"_\"> </span>sot<span class=\"_ _0\"></span>toposti <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>condizione <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o classificati <span class=\"_ _8\"> </span>come <span class=\"_ _8\"> </span>stru<span class=\"_ _0\"></span>mento <span class=\"_ _8\"> </span>di <span class=\"_ _14\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _8\"> </span>non <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>rimisurat<span class=\"_ _0\"></span>i, <span class=\"_ _14\"> </span>e, <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>nseguente<span class=\"_ _0\"></span>mente <span class=\"_ _8\"> </span>il regolamento<span class=\"_ _0\"></span> <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ato <span class=\"_ _a\"> </span>n<span class=\"_ _2\"></span>ell\u2019ambito <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>p<span class=\"_ _0\"></span>atrimonio <span class=\"_ _a\"> </span>netto. <span class=\"_\"> </span>Gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>on<span class=\"_ _0\"></span>eri <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>cessori <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span>lla transazione son<span class=\"_ _0\"></span>o rilevati a <span class=\"_ _0\"></span>conto economico <span class=\"_ _0\"></span>nel momento <span class=\"_ _0\"></span>in cui sono s<span class=\"_ _0\"></span>ostenuti. Eventuali <span class=\"_ _3e\"> </span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _3e\"> </span>di <span class=\"_ _13\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _3e\"> </span>value <span class=\"_ _3e\"> </span>avvenute <span class=\"_ _3e\"> </span>in <span class=\"_ _3e\"> </span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _3e\"> </span>all\u2019ottenimento <span class=\"_ _3e\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _3e\"> </span>maggiori informazioni <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>periodo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>misurazione <span class=\"_ _0\"></span>(12 <span class=\"_ _0\"></span>mesi <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>data di <span class=\"_ _0\"></span>acquisizi<span class=\"_ _0\"></span>one) <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>incluse <span class=\"_ _0\"></span>in modo <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>etrospettivo <span class=\"_ _3\"></span>nell\u2019avviament<span class=\"_ _0\"></span>o. <span class=\"_ _0\"></span>L\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _3\"></span>acquisito <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>aggregazione <span class=\"_ _3\"></span>azien<span class=\"_ _0\"></span>dale \u00e8 inizialme<span class=\"_ _0\"></span>nte misurat<span class=\"_ _0\"></span>o al c<span class=\"_ _0\"></span>osto r<span class=\"_ _0\"></span>appresentato <span class=\"_ _0\"></span>dall\u2019eccedenza <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>la somma <span class=\"_ _0\"></span>dei c<span class=\"_ _0\"></span>orrispettivi<span class=\"_ _0\"></span> trasferiti <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>una <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>gregaz<span class=\"_ _0\"></span>ione <span class=\"_ _e\"> </span>azienda<span class=\"_ _0\"></span>le, <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>patrimonio<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>pertinenza <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> terzi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _d\"></span>dell\u2019ev<span class=\"_ _0\"></span>entuale <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _d\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>etenuta <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span>l\u2019impresa<span class=\"_ _0\"></span> acquisita <span class=\"_ _3\"></span>rispett<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Societ\u00e0 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>eq<span class=\"_ _0\"></span>uo <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span>, passivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>poten<span class=\"_ _0\"></span>ziali <span class=\"_ _3\"></span>identificabil<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dell\u2019impresa <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ita. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit<span class=\"_ _0\"></span>\u00e0 nette <span class=\"_ _b\"> </span>ac<span class=\"_ _0\"></span>quisite <span class=\"_ _14\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _14\"> </span>assun<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _14\"> </span>data <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>cquisizione <span class=\"_ _14\"> </span>ecc<span class=\"_ _0\"></span>ede <span class=\"_ _14\"> </span>la <span class=\"_ _14\"> </span>somma <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>ei corrispettivi <span class=\"_ _d\"></span>trasfer<span class=\"_ _0\"></span>iti, <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>patrimoni<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>netto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>terzi <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>l\u2019eventua<span class=\"_ _0\"></span>le partecipazione <span class=\"_\"> </span>preced<span class=\"_ _0\"></span>entemente <span class=\"_\"> </span>detenuta<span class=\"_ _0\"></span> <span class=\"_\"> </span>nell\u2019impresa <span class=\"_\"> </span>acquisita,<span class=\"_ _0\"></span> <span class=\"_\"> </span>tale <span class=\"_\"> </span>eccedenza <span class=\"_\"> </span>viene<span class=\"_ _0\"></span> contabilizzata <span class=\"_\"> </span>come <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ovento <span class=\"_\"> </span>della <span class=\"_\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_\"> </span>con<span class=\"_ _0\"></span>clusa <span class=\"_\"> </span>a <span class=\"_\"> </span>conto <span class=\"_\"> </span>economico.<span class=\"_ _0\"></span> <span class=\"_\"> </span>Dopo <span class=\"_\"> </span>la rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _0\"></span>l\u2019avviam<span class=\"_ _0\"></span>ento \u00e8<span class=\"_ _0\"></span> misur<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>al costo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al nett<span class=\"_ _0\"></span>o di r<span class=\"_ _0\"></span>iduzi<span class=\"_ _0\"></span>oni di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>cumulate.<span class=\"_ _0\"></span> Al <span class=\"_ _a\"> </span>fine <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>verifica<span class=\"_ _0\"></span>re <span class=\"_ _a\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>presenza <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>riduzion<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alore, <span class=\"_ _b\"> </span>l\u2019avviamento <span class=\"_ _b\"> </span>acquisito <span class=\"_ _b\"> </span>in <span class=\"_ _a\"> </span>una<span class=\"_ _0\"></span> aggregazione <span class=\"_ _3\"></span>aziendale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>allocato, <span class=\"_ _3\"></span>dalla <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>quisizione, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>singole <span class=\"_ _3\"></span>unit\u00e0 <span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>eneratrici di <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iari, <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>gru<span class=\"_ _0\"></span>ppi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>ge<span class=\"_ _0\"></span>neratrici <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>fl<span class=\"_ _0\"></span>ussi <span class=\"_ _d\"></span>finanziari <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ovrebb<span class=\"_ _0\"></span>ero <span class=\"_ _d\"></span>trarre<span class=\"_ _0\"></span> beneficio <span class=\"_ _5\"></span>dalle <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span>nergie <span class=\"_ _5\"></span>dell\u2019aggre<span class=\"_ _0\"></span>gazione, <span class=\"_ _5\"></span>indipendentemente <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fatto <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>altre <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>o<span class=\"_ _0\"></span> passivit\u00e0 <span class=\"_ _1\"> </span>dell\u2019acquisita <span class=\"_ _1\"> </span>siano <span class=\"_ _1\"> </span>assegnate <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ta<span class=\"_ _0\"></span>li <span class=\"_ _1\"> </span>unit\u00e0 <span class=\"_ _f\"> </span>o <span class=\"_ _1\"> </span>raggruppame<span class=\"_ _0\"></span>nti <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>unit\u00e0.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Quando l\u2019avviamento <span class=\"_ _5\"> </span>cos<span class=\"_ _0\"></span>tituisce <span class=\"_ _5\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>una <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>generatr<span class=\"_ _0\"></span>ice <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>flussi <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _5\"></span>(grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>unit\u00e0 generatrici <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>flussi <span class=\"_ _14\"> </span>finanziari) <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>parte <span class=\"_ _14\"> </span>dell\u2019attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _14\"> </span>interna <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>ta<span class=\"_ _0\"></span>le <span class=\"_ _b\"> </span>uni<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _14\"> </span>ceduta, l\u2019avviamento <span class=\"_ _a\"> </span>associato <span class=\"_\"> </span>all\u2019attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_\"> </span>ced<span class=\"_ _0\"></span>uta <span class=\"_\"> </span>\u00e8 <span class=\"_ _a\"> </span>incluso <span class=\"_\"> </span>nel <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _a\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>er determinare <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>\u2019utile <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>la <span class=\"_ _14\"> </span>perdita <span class=\"_ _14\"> </span>derivante <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _b\"> </span>ces<span class=\"_ _0\"></span>sione. <span class=\"_ _b\"> </span>L\u2019avviamento<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cedut<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>in <span class=\"_ _b\"> </span>tal<span class=\"_ _0\"></span>i circostanze <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"></span>misur<span class=\"_ _0\"></span>ato <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _5\"></span>dell\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"></span>ceduta <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>porzione <span class=\"_ _5\"></span>di unit\u00e0 mantenuta i<span class=\"_ _0\"></span>n essere. Negli <span class=\"_ _b\"> </span>eser<span class=\"_ _0\"></span>cizi <span class=\"_ _14\"> </span>fino <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>09 <span class=\"_ _b\"> </span>inc<span class=\"_ _0\"></span>luso <span class=\"_ _14\"> </span>le <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>ggregazioni <span class=\"_ _14\"> </span>aziend<span class=\"_ _0\"></span>ali <span class=\"_ _b\"> </span>ven<span class=\"_ _0\"></span>ivano <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontabilizzat<span class=\"_ _0\"></span>e applicando <span class=\"_ _d6\"> </span>il <span class=\"_ _12\"> </span>\u201cpurchas<span class=\"_ _0\"></span>e <span class=\"_ _d6\"> </span>method\u201d. <span class=\"_ _12\"> </span>I <span class=\"_ _d6\"> </span>costi <span class=\"_ _d6\"> </span>di <span class=\"_ _12\"> </span>t<span class=\"_ _0\"></span>ransazione <span class=\"_ _d6\"> </span>direttamente <span class=\"_ _d6\"> </span>attribuibili all\u2019aggregazio<span class=\"_ _0\"></span>ne <span class=\"_ _a\"> </span>venivano<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>considerati <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _a\"> </span>parte <span class=\"_ _b\"> </span>del <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>acquisto. <span class=\"_ _b\"> </span>Le <span class=\"_ _a\"> </span>quote <span class=\"_ _b\"> </span>di minoranza <span class=\"_ _3\"></span>venivano <span class=\"_ _3\"></span>misurate <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>quota <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pertinenza <span class=\"_ _3\"></span>dell\u2019attivo <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>ntificabile dell\u2019acquisita. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>aggregaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>azi<span class=\"_ _0\"></span>endali <span class=\"_ _f\"> </span>realizzat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>pi\u00f9 <span class=\"_ _1\"> </span>fasi <span class=\"_ _f\"> </span>venivano <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ate <span class=\"_ _f\"> </span>in momenti separat<span class=\"_ _0\"></span>i. 3.2 Criteri di valutazione",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__24": {
   "value": "Collegate (partec<span class=\"_ _0\"></span>ipazioni c<span class=\"_ _0\"></span>ontabilizzate co<span class=\"_ _0\"></span>n il metodo del <span class=\"_ _0\"></span>patrimonio net<span class=\"_ _0\"></span>to) Le <span class=\"_ _a\"> </span>collegate <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>entit\u00e0 <span class=\"_ _a\"> </span>sulle <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>politiche <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>gest<span class=\"_ _0\"></span>ionali <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>esercita un\u2019influenza n<span class=\"_ _0\"></span>otevole, pur non av<span class=\"_ _0\"></span>endone il contr<span class=\"_ _0\"></span>ollo. Si <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>pone <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esista <span class=\"_ _3\"></span>un\u2019influenza <span class=\"_ _3\"></span>notevole <span class=\"_ _3\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>possiede <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>20% <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>50%<span class=\"_ _0\"></span> del potere di v<span class=\"_ _0\"></span>oto di un\u2019altr<span class=\"_ _0\"></span>a entit\u00e0.<span class=\"_ _0\"></span> Le <span class=\"_ _8\"> </span>collegate <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>tabilizzate <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>econdo <span class=\"_ _8\"> </span>il <span class=\"_ _8\"> </span>metodo <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _8\"> </span>netto <span class=\"_ _8\"> </span>e <span class=\"_ _9\"> </span>rilevate inizialmente al cos<span class=\"_ _0\"></span>to. Le <span class=\"_ _4\"> </span>partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _4\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _4\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>ompre<span class=\"_ _0\"></span>ndono <span class=\"_ _4\"> </span>l\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _4\"> </span>ident<span class=\"_ _0\"></span>ificato <span class=\"_ _c\"> </span>al <span class=\"_ _4\"> </span>momento<span class=\"_ _0\"></span> dell\u2019acquisizione a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>lle perdite di v<span class=\"_ _0\"></span>alore cumulate.<span class=\"_ _0\"></span> Il bilancio c<span class=\"_ _0\"></span>onsolidato comp<span class=\"_ _0\"></span>rende la qu<span class=\"_ _0\"></span>ota di pert<span class=\"_ _0\"></span>inenz<span class=\"_ _0\"></span>a del gruppo d<span class=\"_ _0\"></span>egli util<span class=\"_ _0\"></span>i o delle perd<span class=\"_ _0\"></span>ite delle <span class=\"_ _e\"> </span>partecipate <span class=\"_ _e\"> </span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>secondo <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _e\"> </span>netto, <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>rettifiche necessarie <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>allineare <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelli <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>gruppo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> inizio l\u2019influenza n<span class=\"_ _0\"></span>otevole f<span class=\"_ _0\"></span>ino alla data <span class=\"_ _0\"></span>in cui detta inf<span class=\"_ _0\"></span>luenza o c<span class=\"_ _0\"></span>ontrollo cessano.<span class=\"_ _0\"></span> Quando l<span class=\"_ _0\"></span>a quota <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite d<span class=\"_ _0\"></span>i perti<span class=\"_ _0\"></span>nenza <span class=\"_ _0\"></span>del gruppo<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>una par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _0\"></span>contabi<span class=\"_ _0\"></span>lizzata<span class=\"_ _0\"></span> con <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patrimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>eccede <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>detta <span class=\"_ _0\"></span>partecipata,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po azzera <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>partecipazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>cessa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevare <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>quota <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>lteriori <span class=\"_ _3\"></span>perd<span class=\"_ _0\"></span>ite, <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nne <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>cas<span class=\"_ _0\"></span>i in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>abbia <span class=\"_ _e\"> </span>contr<span class=\"_ _0\"></span>atto <span class=\"_ _e\"> </span>obbligazioni <span class=\"_ _e\"> </span>lega<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>implicite <span class=\"_ _e\"> </span>oppure <span class=\"_ _e\"> </span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _e\"> </span>effettuato <span class=\"_ _f\"> </span>dei pagamenti per c<span class=\"_ _0\"></span>onto della <span class=\"_ _0\"></span>partecipata.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__23": {
   "value": "Collegate (partec<span class=\"_ _0\"></span>ipazioni c<span class=\"_ _0\"></span>ontabilizzate co<span class=\"_ _0\"></span>n il metodo del <span class=\"_ _0\"></span>patrimonio net<span class=\"_ _0\"></span>to) Le <span class=\"_ _a\"> </span>collegate <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>entit\u00e0 <span class=\"_ _a\"> </span>sulle <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>politiche <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>gest<span class=\"_ _0\"></span>ionali <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>esercita un\u2019influenza n<span class=\"_ _0\"></span>otevole, pur non av<span class=\"_ _0\"></span>endone il contr<span class=\"_ _0\"></span>ollo. Si <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>pone <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esista <span class=\"_ _3\"></span>un\u2019influenza <span class=\"_ _3\"></span>notevole <span class=\"_ _3\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>possiede <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>20% <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>50%<span class=\"_ _0\"></span> del potere di v<span class=\"_ _0\"></span>oto di un\u2019altr<span class=\"_ _0\"></span>a entit\u00e0.<span class=\"_ _0\"></span> Le <span class=\"_ _8\"> </span>collegate <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>tabilizzate <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>econdo <span class=\"_ _8\"> </span>il <span class=\"_ _8\"> </span>metodo <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _8\"> </span>netto <span class=\"_ _8\"> </span>e <span class=\"_ _9\"> </span>rilevate inizialmente al cos<span class=\"_ _0\"></span>to. Le <span class=\"_ _4\"> </span>partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _4\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _4\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>ompre<span class=\"_ _0\"></span>ndono <span class=\"_ _4\"> </span>l\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _4\"> </span>ident<span class=\"_ _0\"></span>ificato <span class=\"_ _c\"> </span>al <span class=\"_ _4\"> </span>momento<span class=\"_ _0\"></span> dell\u2019acquisizione a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>lle perdite di v<span class=\"_ _0\"></span>alore cumulate.<span class=\"_ _0\"></span> Il bilancio c<span class=\"_ _0\"></span>onsolidato comp<span class=\"_ _0\"></span>rende la qu<span class=\"_ _0\"></span>ota di pert<span class=\"_ _0\"></span>inenz<span class=\"_ _0\"></span>a del gruppo d<span class=\"_ _0\"></span>egli util<span class=\"_ _0\"></span>i o delle perd<span class=\"_ _0\"></span>ite delle <span class=\"_ _e\"> </span>partecipate <span class=\"_ _e\"> </span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>secondo <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _e\"> </span>netto, <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>rettifiche necessarie <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>allineare <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelli <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>gruppo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> inizio l\u2019influenza n<span class=\"_ _0\"></span>otevole f<span class=\"_ _0\"></span>ino alla data <span class=\"_ _0\"></span>in cui detta inf<span class=\"_ _0\"></span>luenza o c<span class=\"_ _0\"></span>ontrollo cessano.<span class=\"_ _0\"></span> Quando l<span class=\"_ _0\"></span>a quota <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite d<span class=\"_ _0\"></span>i perti<span class=\"_ _0\"></span>nenza <span class=\"_ _0\"></span>del gruppo<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>una par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _0\"></span>contabi<span class=\"_ _0\"></span>lizzata<span class=\"_ _0\"></span> con <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patrimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>eccede <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>detta <span class=\"_ _0\"></span>partecipata,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po azzera <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>partecipazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>cessa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevare <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>quota <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>lteriori <span class=\"_ _3\"></span>perd<span class=\"_ _0\"></span>ite, <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nne <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>cas<span class=\"_ _0\"></span>i in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>abbia <span class=\"_ _e\"> </span>contr<span class=\"_ _0\"></span>atto <span class=\"_ _e\"> </span>obbligazioni <span class=\"_ _e\"> </span>lega<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>implicite <span class=\"_ _e\"> </span>oppure <span class=\"_ _e\"> </span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _e\"> </span>effettuato <span class=\"_ _f\"> </span>dei pagamenti per c<span class=\"_ _0\"></span>onto della <span class=\"_ _0\"></span>partecipata.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__22": {
   "value": "Collegate (partec<span class=\"_ _0\"></span>ipazioni c<span class=\"_ _0\"></span>ontabilizzate co<span class=\"_ _0\"></span>n il metodo del <span class=\"_ _0\"></span>patrimonio net<span class=\"_ _0\"></span>to) Le <span class=\"_ _a\"> </span>collegate <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>entit\u00e0 <span class=\"_ _a\"> </span>sulle <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>politiche <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>gest<span class=\"_ _0\"></span>ionali <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>esercita un\u2019influenza n<span class=\"_ _0\"></span>otevole, pur non av<span class=\"_ _0\"></span>endone il contr<span class=\"_ _0\"></span>ollo. Si <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>pone <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esista <span class=\"_ _3\"></span>un\u2019influenza <span class=\"_ _3\"></span>notevole <span class=\"_ _3\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>possiede <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>20% <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>50%<span class=\"_ _0\"></span> del potere di v<span class=\"_ _0\"></span>oto di un\u2019altr<span class=\"_ _0\"></span>a entit\u00e0.<span class=\"_ _0\"></span> Le <span class=\"_ _8\"> </span>collegate <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>tabilizzate <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>econdo <span class=\"_ _8\"> </span>il <span class=\"_ _8\"> </span>metodo <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _8\"> </span>netto <span class=\"_ _8\"> </span>e <span class=\"_ _9\"> </span>rilevate inizialmente al cos<span class=\"_ _0\"></span>to. Le <span class=\"_ _4\"> </span>partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _4\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _4\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>ompre<span class=\"_ _0\"></span>ndono <span class=\"_ _4\"> </span>l\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _4\"> </span>ident<span class=\"_ _0\"></span>ificato <span class=\"_ _c\"> </span>al <span class=\"_ _4\"> </span>momento<span class=\"_ _0\"></span> dell\u2019acquisizione a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>lle perdite di v<span class=\"_ _0\"></span>alore cumulate.<span class=\"_ _0\"></span> Il bilancio c<span class=\"_ _0\"></span>onsolidato comp<span class=\"_ _0\"></span>rende la qu<span class=\"_ _0\"></span>ota di pert<span class=\"_ _0\"></span>inenz<span class=\"_ _0\"></span>a del gruppo d<span class=\"_ _0\"></span>egli util<span class=\"_ _0\"></span>i o delle perd<span class=\"_ _0\"></span>ite delle <span class=\"_ _e\"> </span>partecipate <span class=\"_ _e\"> </span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>secondo <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _e\"> </span>netto, <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>rettifiche necessarie <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>allineare <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelli <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>gruppo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> inizio l\u2019influenza n<span class=\"_ _0\"></span>otevole f<span class=\"_ _0\"></span>ino alla data <span class=\"_ _0\"></span>in cui detta inf<span class=\"_ _0\"></span>luenza o c<span class=\"_ _0\"></span>ontrollo cessano.<span class=\"_ _0\"></span> Quando l<span class=\"_ _0\"></span>a quota <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite d<span class=\"_ _0\"></span>i perti<span class=\"_ _0\"></span>nenza <span class=\"_ _0\"></span>del gruppo<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>una par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _0\"></span>contabi<span class=\"_ _0\"></span>lizzata<span class=\"_ _0\"></span> con <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patrimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>eccede <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>detta <span class=\"_ _0\"></span>partecipata,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po azzera <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>partecipazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>cessa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevare <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>quota <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>lteriori <span class=\"_ _3\"></span>perd<span class=\"_ _0\"></span>ite, <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nne <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>cas<span class=\"_ _0\"></span>i in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>abbia <span class=\"_ _e\"> </span>contr<span class=\"_ _0\"></span>atto <span class=\"_ _e\"> </span>obbligazioni <span class=\"_ _e\"> </span>lega<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>implicite <span class=\"_ _e\"> </span>oppure <span class=\"_ _e\"> </span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _e\"> </span>effettuato <span class=\"_ _f\"> </span>dei pagamenti per c<span class=\"_ _0\"></span>onto della <span class=\"_ _0\"></span>partecipata.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__21": {
   "value": "Collegate (partec<span class=\"_ _0\"></span>ipazioni c<span class=\"_ _0\"></span>ontabilizzate co<span class=\"_ _0\"></span>n il metodo del <span class=\"_ _0\"></span>patrimonio net<span class=\"_ _0\"></span>to) Le <span class=\"_ _a\"> </span>collegate <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>entit\u00e0 <span class=\"_ _a\"> </span>sulle <span class=\"_\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>politiche <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>gest<span class=\"_ _0\"></span>ionali <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>esercita un\u2019influenza n<span class=\"_ _0\"></span>otevole, pur non av<span class=\"_ _0\"></span>endone il contr<span class=\"_ _0\"></span>ollo. Si <span class=\"_ _0\"></span>sup<span class=\"_ _0\"></span>pone <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esista <span class=\"_ _3\"></span>un\u2019influenza <span class=\"_ _3\"></span>notevole <span class=\"_ _3\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>possiede <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>20% <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>50%<span class=\"_ _0\"></span> del potere di v<span class=\"_ _0\"></span>oto di un\u2019altr<span class=\"_ _0\"></span>a entit\u00e0.<span class=\"_ _0\"></span> Le <span class=\"_ _8\"> </span>collegate <span class=\"_ _8\"> </span>sono <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>tabilizzate <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>econdo <span class=\"_ _8\"> </span>il <span class=\"_ _8\"> </span>metodo <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>patri<span class=\"_ _0\"></span>monio <span class=\"_ _8\"> </span>netto <span class=\"_ _8\"> </span>e <span class=\"_ _9\"> </span>rilevate inizialmente al cos<span class=\"_ _0\"></span>to. Le <span class=\"_ _4\"> </span>partecipaz<span class=\"_ _0\"></span>ioni <span class=\"_ _4\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _4\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3e\"> </span>c<span class=\"_ _0\"></span>ompre<span class=\"_ _0\"></span>ndono <span class=\"_ _4\"> </span>l\u2019av<span class=\"_ _0\"></span>viamento <span class=\"_ _4\"> </span>ident<span class=\"_ _0\"></span>ificato <span class=\"_ _c\"> </span>al <span class=\"_ _4\"> </span>momento<span class=\"_ _0\"></span> dell\u2019acquisizione a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>lle perdite di v<span class=\"_ _0\"></span>alore cumulate.<span class=\"_ _0\"></span> Il bilancio c<span class=\"_ _0\"></span>onsolidato comp<span class=\"_ _0\"></span>rende la qu<span class=\"_ _0\"></span>ota di pert<span class=\"_ _0\"></span>inenz<span class=\"_ _0\"></span>a del gruppo d<span class=\"_ _0\"></span>egli util<span class=\"_ _0\"></span>i o delle perd<span class=\"_ _0\"></span>ite delle <span class=\"_ _e\"> </span>partecipate <span class=\"_ _e\"> </span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>secondo <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _e\"> </span>netto, <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>rettifiche necessarie <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>allineare <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>quelli <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>gruppo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> inizio l\u2019influenza n<span class=\"_ _0\"></span>otevole f<span class=\"_ _0\"></span>ino alla data <span class=\"_ _0\"></span>in cui detta inf<span class=\"_ _0\"></span>luenza o c<span class=\"_ _0\"></span>ontrollo cessano.<span class=\"_ _0\"></span> Quando l<span class=\"_ _0\"></span>a quota <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite d<span class=\"_ _0\"></span>i perti<span class=\"_ _0\"></span>nenza <span class=\"_ _0\"></span>del gruppo<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>una par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _0\"></span>contabi<span class=\"_ _0\"></span>lizzata<span class=\"_ _0\"></span> con <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>met<span class=\"_ _0\"></span>odo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patrimonio <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>eccede <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ntabile <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>detta <span class=\"_ _0\"></span>partecipata,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po azzera <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>partecipazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>cessa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevare <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>quota <span class=\"_ _d\"></span>delle <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>lteriori <span class=\"_ _3\"></span>perd<span class=\"_ _0\"></span>ite, <span class=\"_ _3\"></span>tra<span class=\"_ _0\"></span>nne <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>cas<span class=\"_ _0\"></span>i in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>abbia <span class=\"_ _e\"> </span>contr<span class=\"_ _0\"></span>atto <span class=\"_ _e\"> </span>obbligazioni <span class=\"_ _e\"> </span>lega<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>o <span class=\"_ _e\"> </span>implicite <span class=\"_ _e\"> </span>oppure <span class=\"_ _e\"> </span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _e\"> </span>effettuato <span class=\"_ _f\"> </span>dei pagamenti per c<span class=\"_ _0\"></span>onto della <span class=\"_ _0\"></span>partecipata.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__25": {
   "value": "Disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide e mezz<span class=\"_ _0\"></span>i equivalenti (a<span class=\"_ _0\"></span>ttivit\u00e0 finanzi<span class=\"_ _0\"></span>arie non derivat<span class=\"_ _0\"></span>e) Le <span class=\"_ _3\"></span>disponibilit\u00e0 <span class=\"_ _3\"></span>liqu<span class=\"_ _0\"></span>ide <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>mezz<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>equivalenti <span class=\"_ _3\"></span>compr<span class=\"_ _0\"></span>endono <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>denaro <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>depositi <span class=\"_ _3\"></span>a vista e investim<span class=\"_ _0\"></span>enti avent<span class=\"_ _0\"></span>i scadenza entro tr<span class=\"_ _0\"></span>e mesi dall<span class=\"_ _0\"></span>a data di acq<span class=\"_ _0\"></span>uisizione.<span class=\"_ _0\"></span> Dopo <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>iniziale, <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>strume<span class=\"_ _0\"></span>nti <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>ari <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _3\"></span>derivati <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value rilevato a co<span class=\"_ _0\"></span>nto economico<span class=\"_ _0\"></span>. Gli scoperti d<span class=\"_ _0\"></span>i c/c sono clas<span class=\"_ _0\"></span>sificati tra <span class=\"_ _0\"></span>le passivit\u00e0 cor<span class=\"_ _0\"></span>renti.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__26": {
   "value": "Rimanenze Le <span class=\"_ _d\"></span>rim<span class=\"_ _0\"></span>anenze <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>isc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>minore <span class=\"_ _5\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>costo <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>ac<span class=\"_ _0\"></span>quisto <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>produzion<span class=\"_ _0\"></span>e, <span class=\"_ _d\"></span>determ<span class=\"_ _0\"></span>inato secondo il metodo<span class=\"_ _0\"></span> del cost<span class=\"_ _0\"></span>o medio pondera<span class=\"_ _0\"></span>to, e il va<span class=\"_ _0\"></span>lore netto di<span class=\"_ _0\"></span> realizz<span class=\"_ _0\"></span>o. Il <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _0\"></span>net<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzo <span class=\"_ _3\"></span>corrisponde <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>prez<span class=\"_ _0\"></span>zo <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>dita <span class=\"_ _0\"></span>stimato <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>normale <span class=\"_ _3\"></span>svolgimento<span class=\"_ _0\"></span> dell\u2019attivit\u00e0 <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>netto <span class=\"_ _14\"> </span>dei <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>osti <span class=\"_ _b\"> </span>stimat<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ompletamento <span class=\"_ _14\"> </span>nonch\u00e9 <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _b\"> </span>stima <span class=\"_ _14\"> </span>dei <span class=\"_ _b\"> </span>cost<span class=\"_ _0\"></span>i necessari per r<span class=\"_ _0\"></span>ealizzare la <span class=\"_ _0\"></span>vendita. Il <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>produzione <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mprend<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>mate<span class=\"_ _0\"></span>rie <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ime, <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>costi <span class=\"_ _e\"> </span>dirett<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>quelli indirettamente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>imputabili <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>fabbricaz<span class=\"_ _0\"></span>ione. <span class=\"_ _a\"> </span>Le <span class=\"_ _a\"> </span>scorte <span class=\"_ _a\"> </span>obso<span class=\"_ _0\"></span>lete <span class=\"_ _a\"> </span>o <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>lento <span class=\"_ _a\"> </span>rigiro <span class=\"_ _a\"> </span>sono svalutate in rela<span class=\"_ _0\"></span>zione alla loro pos<span class=\"_ _0\"></span>sibilit\u00e0 d<span class=\"_ _0\"></span>i utilizzo o real<span class=\"_ _0\"></span>izzo.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__27": {
   "value": "Crediti iscritti n<span class=\"_ _0\"></span>ell\u2019attivo c<span class=\"_ _0\"></span>orrente (attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie non<span class=\"_ _0\"></span> derivate) I <span class=\"_ _e\"> </span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>rilevati <span class=\"_ _f\"> </span>inizialmente<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>corrispettivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>da <span class=\"_ _f\"> </span>ricever<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>tale tipologia <span class=\"_\"> </span>corrisponde <span class=\"_\"> </span>nor<span class=\"_ _0\"></span>malmente <span class=\"_\"> </span>al <span class=\"_\"> </span>valore <span class=\"_\"> </span>nominale <span class=\"_\"> </span>indicato <span class=\"_\"> </span>in <span class=\"_\"> </span>fattura <span class=\"_\"> </span>adeguato <span class=\"_\"> </span>(s<span class=\"_ _0\"></span>e necessario) <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>presum<span class=\"_ _0\"></span>ibile <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>lizzo <span class=\"_ _3\"></span>mediante <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>posizioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>stanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _3\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _3\"></span>a rettifica <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>valori <span class=\"_ _e\"> </span>no<span class=\"_ _0\"></span>minali. <span class=\"_ _f\"> </span>Successivamente <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>crediti <span class=\"_ _f\"> </span>vengono <span class=\"_ _e\"> </span>valutat<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>criterio <span class=\"_ _f\"> </span>del costo <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>eneralmente <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>isponde <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>nominale <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>eventu<span class=\"_ _0\"></span>ali perdite di va<span class=\"_ _0\"></span>lore. Il <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>cre<span class=\"_ _0\"></span>diti <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>stimato <span class=\"_ _5\"></span>in <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>una <span class=\"_ _d\"></span>an<span class=\"_ _0\"></span>alisi <span class=\"_ _d\"></span>specifica <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _d\"></span>pratiche <span class=\"_ _5\"></span>in contenzioso <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>delle <span class=\"_\"> </span>pos<span class=\"_ _0\"></span>izioni <span class=\"_\"> </span>che, <span class=\"_ _a\"> </span>pur <span class=\"_\"> </span>non <span class=\"_\"> </span>es<span class=\"_ _0\"></span>sendo <span class=\"_ _a\"> </span>in <span class=\"_\"> </span>contenzioso, <span class=\"_ _a\"> </span>presentano <span class=\"_\"> </span>deg<span class=\"_ _0\"></span>li elementi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iticit\u00e0 (<span class=\"_ _0\"></span>es. <span class=\"_ _0\"></span>ritardo <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>egli <span class=\"_ _0\"></span>incassi). <span class=\"_ _3\"></span>Lo stanz<span class=\"_ _0\"></span>iamento <span class=\"_ _0\"></span>incl<span class=\"_ _0\"></span>ude <span class=\"_ _0\"></span>inoltre <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lutazione dei <span class=\"_ _a\"> </span>crediti <span class=\"_ _a\"> </span>residuali <span class=\"_ _a\"> </span>secondo <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>logica <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>perdita<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>attesa <span class=\"_ _a\"> </span>(<span class=\"ff4\">Expected <span class=\"_ _a\"> </span>Loss</span>) <span class=\"_ _a\"> </span>introdotto dall\u2019IFRS <span class=\"_ _8\"> </span>9<span class=\"_ _0\"></span>. <span class=\"_ _8\"> </span>Gli <span class=\"_ _9\"> </span>accanto<span class=\"_ _0\"></span>namenti <span class=\"_ _9\"> </span>al <span class=\"_ _8\"> </span>fo<span class=\"_ _0\"></span>ndo <span class=\"_ _8\"> </span>sva<span class=\"_ _0\"></span>lutazi<span class=\"_ _0\"></span>one <span class=\"_ _8\"> </span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _8\"> </span>sono <span class=\"_ _9\"> </span>rilevati <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>conto economico. I <span class=\"_ _1\"> </span>crediti <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>eduti <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>seguit<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>op<span class=\"_ _0\"></span>erazioni <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>factoring <span class=\"_\"> </span>sono <span class=\"_ _f\"> </span>elim<span class=\"_ _0\"></span>inati <span class=\"_ _1\"> </span>dall\u2019attivo <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ello <span class=\"_ _1\"> </span>Stato Patrimoniale <span class=\"_ _d\"></span>se <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>solo <span class=\"_ _d\"></span>se <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>contratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iferimento <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>evede <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>cess<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>tit<span class=\"_ _0\"></span>olarit\u00e0 <span class=\"_ _d\"></span>del credito, <span class=\"_ _3\"></span>unitament<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>titolarit\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>generant<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>redito <span class=\"_ _3\"></span>stesso, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> tutti <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>rischi <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>i <span class=\"_ _d\"></span>benefici <span class=\"_ _d\"></span>cor<span class=\"_ _0\"></span>relati <span class=\"_ _d\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _d\"></span>loro <span class=\"_ _d\"></span>tito<span class=\"_ _0\"></span>larit\u00e0, <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>capo <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>ces<span class=\"_ _0\"></span>sionario. <span class=\"_ _d\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei crediti <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>sodd<span class=\"_ _0\"></span>isfa <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>suddetti <span class=\"_ _0\"></span>requisit<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>riman<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>scritto <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ebbene il <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>legalmente <span class=\"_ _3\"></span>ceduto; <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tal <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>\u00e8 iscritta nel passivo <span class=\"_ _0\"></span>a fronte <span class=\"_ _0\"></span>dell\u2019anticipaz<span class=\"_ _0\"></span>ione ricevuta.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLoansAndReceivablesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__28": {
   "value": "Immobili, impi<span class=\"_ _0\"></span>anti e macchinar<span class=\"_ _0\"></span>i I <span class=\"_ _3\"></span>terreni <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>i <span class=\"_ _3\"></span>fabbr<span class=\"_ _0\"></span>icati <span class=\"_ _3\"></span>util<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>produzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>for<span class=\"_ _0\"></span>nitura <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>eni <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>serv<span class=\"_ _0\"></span>izi <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>scopi amministrativi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>iscritti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ilancio <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>costo <span class=\"_ _d\"></span>stor<span class=\"_ _0\"></span>ico <span class=\"_ _d\"></span>dedo<span class=\"_ _0\"></span>tti <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>suc<span class=\"_ _0\"></span>cessivi <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>mmortamenti <span class=\"_ _5\"></span>e svalutazioni <span class=\"_ _d\"></span>accumulati. <span class=\"_ _3\"></span>Si <span class=\"_ _3\"></span>os<span class=\"_ _0\"></span>serva <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>sede <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>pri<span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>applicazione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>principi <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontabili<span class=\"_ _0\"></span> internazionali, <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>terren<span class=\"_ _0\"></span>i s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>stati r<span class=\"_ _0\"></span>ilevati <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>ridet<span class=\"_ _0\"></span>erminato, <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>al fair <span class=\"_ _0\"></span>value <span class=\"_ _3\"></span>alla data <span class=\"_ _0\"></span>di transizione.  Gli <span class=\"_ _3\"></span>immob<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>corso<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ostruzione <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>fini <span class=\"_ _d\"></span>produttivi, <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>uso <span class=\"_ _d\"></span>amministrat<span class=\"_ _0\"></span>ivo <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>finalit\u00e0<span class=\"_ _0\"></span> non <span class=\"_ _f\"> </span>ancora<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>determ<span class=\"_ _0\"></span>inate, <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _f\"> </span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>costo, <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>netto <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _1\"> </span>svalutazioni <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>erdite <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> valore. I<span class=\"_ _0\"></span>l costo inc<span class=\"_ _0\"></span>lude ev<span class=\"_ _0\"></span>entuali o<span class=\"_ _0\"></span>norari profes<span class=\"_ _0\"></span>sionali. <span class=\"_ _0\"></span>L\u2019ammortamento <span class=\"_ _0\"></span>di ta<span class=\"_ _0\"></span>li attiv<span class=\"_ _0\"></span>it\u00e0, come<span class=\"_ _0\"></span> per tutti gli altr<span class=\"_ _0\"></span>i cespiti, c<span class=\"_ _0\"></span>omincia quand<span class=\"_ _0\"></span>o le attivit\u00e0 son<span class=\"_ _0\"></span>o disponibili per <span class=\"_ _0\"></span>l\u2019uso. Gli <span class=\"_ _0\"></span>impianti, <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>macc<span class=\"_ _0\"></span>hinari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attrezzature <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>iscritt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>de<span class=\"_ _2\"></span>gli <span class=\"_ _3\"></span>ammortamenti accumulati <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>eventuali <span class=\"_ _1\"> </span>svalutazi<span class=\"_ _0\"></span>oni <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _1\"> </span>perdite <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>valore. <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>costo <span class=\"_ _1\"> </span>ricomprende<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>g<span class=\"_ _0\"></span>li eventuali <span class=\"_ _d\"></span>costi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sma<span class=\"_ _0\"></span>ntellamento <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imozione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>bene <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>cost<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>bonifica <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>sito <span class=\"_ _d\"></span>su <span class=\"_ _d\"></span>cui<span class=\"_ _0\"></span> insiste <span class=\"_\"> </span>l\u2019immobi<span class=\"_ _0\"></span>lizzazione <span class=\"_ _a\"> </span>ma<span class=\"_ _2\"></span>teriale, <span class=\"_\"> </span>se <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ispondenti <span class=\"_\"> </span>all<span class=\"_ _0\"></span>e <span class=\"_\"> </span>previsioni <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ello <span class=\"_\"> </span>IAS <span class=\"_\"> </span>37. <span class=\"_ _a\"> </span>I<span class=\"_ _2\"></span> <span class=\"_\"> </span>ben<span class=\"_ _0\"></span>i composti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>componenti, <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>importo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>signi<span class=\"_ _0\"></span>ficativo, <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>vite <span class=\"_ _f\"> </span>utili <span class=\"_ _f\"> </span>differenti <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>cons<span class=\"_ _0\"></span>iderati separatamente n<span class=\"_ _0\"></span>ella determinaz<span class=\"_ _0\"></span>ione dell\u2019amm<span class=\"_ _0\"></span>ortamento.<span class=\"_ _0\"></span> Il <span class=\"_ _5\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sosten<span class=\"_ _0\"></span>uto <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>la <span class=\"_ _e\"> </span>sostituzione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _e\"> </span>una <span class=\"_ _5\"></span>part<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"> </span>elem<span class=\"_ _0\"></span>ento <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>immob<span class=\"_ _0\"></span>ili, <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>mpianti <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> macchinari <span class=\"_ _0\"></span>\u00e8 som<span class=\"_ _0\"></span>mato a<span class=\"_ _0\"></span>l v<span class=\"_ _0\"></span>alore c<span class=\"_ _0\"></span>ontabile <span class=\"_ _0\"></span>dell\u2019element<span class=\"_ _0\"></span>o a c<span class=\"_ _0\"></span>ui s<span class=\"_ _0\"></span>i rifer<span class=\"_ _0\"></span>isce se <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>probabi<span class=\"_ _0\"></span>le che<span class=\"_ _0\"></span> i <span class=\"_ _a\"> </span>relativi <span class=\"_ _a\"> </span>futuri <span class=\"_ _a\"> </span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _a\"> </span>af<span class=\"_ _0\"></span>fluiranno <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>se<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>dell\u2019elem<span class=\"_ _0\"></span>ento <span class=\"_ _a\"> </span>pu\u00f2 <span class=\"_ _a\"> </span>es<span class=\"_ _0\"></span>sere determinato <span class=\"_ _3\"></span>attendibilmente. <span class=\"_ _3\"></span>Il <span class=\"_ _0\"></span>valore <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ostitu<span class=\"_ _0\"></span>ita <span class=\"_ _0\"></span>viene <span class=\"_ _3\"></span>eliminato. <span class=\"_ _3\"></span>I <span class=\"_ _0\"></span>costi per <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>manutenzi<span class=\"_ _0\"></span>one <span class=\"_\"> </span>ordinaria <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>immobili,<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>i<span class=\"_ _0\"></span>mpianti <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>acchinari <span class=\"_\"> </span>sono <span class=\"_ _1\"> </span>ri<span class=\"_ _0\"></span>levati <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>conto economico nell\u2019<span class=\"_ _0\"></span>esercizio in cui s<span class=\"_ _0\"></span>ono sostenut<span class=\"_ _0\"></span>i. L\u2019ammortamento <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _3\"></span>determinato, <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quote <span class=\"_ _0\"></span>costanti, <span class=\"_ _3\"></span>sul <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>beni <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativi valori residui, i<span class=\"_ _0\"></span>n funzione d<span class=\"_ _0\"></span>ella loro stimat<span class=\"_ _0\"></span>a vita util<span class=\"_ _0\"></span>e. Le vite utili sti<span class=\"_ _0\"></span>mate del peri<span class=\"_ _0\"></span>odo corrente e<span class=\"_ _0\"></span> di quello com<span class=\"_ _0\"></span>parativo son<span class=\"_ _0\"></span>o le seguenti:<span class=\"_ _0\"></span> Fabbricati <span class=\"_ _120\"> </span>34 anni Costruzioni leg<span class=\"_ _0\"></span>gere <span class=\"_ _121\"> </span>10 anni Impianti e macc<span class=\"_ _0\"></span>hinari <span class=\"_ _e6\"> </span>            6-8 anni Attrezzature <span class=\"_ _122\"> </span>4 anni Mobili e macchi<span class=\"_ _0\"></span>ne ufficio <span class=\"_ _df\"> </span>5-8 anni Automezzi <span class=\"_ _b0\"> </span>4-5 anni Altre <span class=\"_ _c3\"> </span>5-10 anni La voce \u201cAltre\u201d co<span class=\"_ _0\"></span>mprende le m<span class=\"_ _0\"></span>igliorie su <span class=\"_ _0\"></span>beni di terzi.<span class=\"_ _0\"></span> I v<span class=\"_ _0\"></span>alori r<span class=\"_ _0\"></span>esidu<span class=\"_ _0\"></span>i d<span class=\"_ _0\"></span>ei c<span class=\"_ _0\"></span>espiti <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rivisti, <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>modif<span class=\"_ _0\"></span>icati <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>necess<span class=\"_ _0\"></span>ario, <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>hiusura del bilancio. <span class=\"_ _0\"></span> I terreni non v<span class=\"_ _0\"></span>engono amm<span class=\"_ _0\"></span>ortizzati, aven<span class=\"_ _0\"></span>do vita utile i<span class=\"_ _0\"></span>llimitata. Gli <span class=\"_ _8\"> </span>utili <span class=\"_ _8\"> </span>o <span class=\"_ _9\"> </span>le <span class=\"_ _9\"> </span>perdite <span class=\"_ _8\"> </span>ge<span class=\"_ _0\"></span>nerati <span class=\"_ _8\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _8\"> </span>cessione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>u<span class=\"_ _0\"></span>n\u2019immobilizzazione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>materiale <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>ono determinati <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>differe<span class=\"_ _0\"></span>nza <span class=\"_ _d\"></span>tra <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>orrispett<span class=\"_ _0\"></span>ivo <span class=\"_ _d\"></span>netto <span class=\"_ _d\"></span>dalla <span class=\"_ _d\"></span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>contabile<span class=\"_ _0\"></span> del bene, e s<span class=\"_ _0\"></span>ono rilevati a c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico al momen<span class=\"_ _0\"></span>to dell\u2019alienaz<span class=\"_ _0\"></span>ione. I <span class=\"_ _9\"> </span>costi <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>manutenz<span class=\"_ _0\"></span>ione <span class=\"_ _9\"> </span>ordinaria <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _9\"> </span>spesati <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>conto <span class=\"_ _9\"> </span>economico <span class=\"_ _9\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _9\"> </span>di sostenimento.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__29": {
   "value": "Immobilizzazioni <span class=\"_ _0\"></span>in leasing<span class=\"_ _0\"></span> A <span class=\"_ _0\"></span>partire <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>1\u00b0 <span class=\"_ _0\"></span>gennaio <span class=\"_ _3\"></span>2019, <span class=\"_ _0\"></span>l\u2019IFRS <span class=\"_ _3\"></span>16 h<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>sostit<span class=\"_ _0\"></span>uito <span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>IA<span class=\"_ _0\"></span>S <span class=\"_ _0\"></span>17 <span class=\"_ _0\"></span>(e <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>relative <span class=\"_ _3\"></span>interpretazioni IFRIC <span class=\"_ _0\"></span>4, <span class=\"_ _3\"></span>SIC 1<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>SIC <span class=\"_ _3\"></span>27) <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>definiz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>principi per <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>rilevazione, <span class=\"_ _3\"></span>la m<span class=\"_ _0\"></span>isurazion<span class=\"_ _0\"></span>e, la <span class=\"_ _a\"> </span>presentazione <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>l\u2019informativa <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>contratti <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>leasing. <span class=\"_ _a\"> </span>L\u2019IFRS <span class=\"_ _a\"> </span>16 <span class=\"_ _a\"> </span>prevede <span class=\"_ _a\"> </span>un <span class=\"_ _a\"> </span>unico modello <span class=\"_ _5\"></span>con<span class=\"_ _0\"></span>tabile <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _5\"></span>contratti <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>locazi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>quale <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>locatario <span class=\"_ _e\"> </span>rileva <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>llo stato <span class=\"_\"> </span>p<span class=\"_ _0\"></span>atrimoniale <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>delle <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_\"> </span>ine<span class=\"_ _0\"></span>renti <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span>ll\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>rappre<span class=\"_ _0\"></span>sentanti, rispettivamente, <span class=\"_ _10\"> </span>il <span class=\"_ _10\"> </span>diritto <span class=\"_ _10\"> </span>d\u2019uso <span class=\"_ _10\"> </span>del <span class=\"_ _10\"> </span>bene <span class=\"_ _10\"> </span>sottostan<span class=\"_ _0\"></span>te <span class=\"_ _10\"> </span>per <span class=\"_ _9\"> </span>la <span class=\"_ _10\"> </span>durat<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _9\"> </span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _10\"> </span>e l\u2019obbligazione <span class=\"_ _0\"></span>per i pagam<span class=\"_ _0\"></span>enti futuri de<span class=\"_ _0\"></span>i canoni di loc<span class=\"_ _0\"></span>azione. I <span class=\"_ _3\"></span>locatar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>dovrann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>conta<span class=\"_ _0\"></span>bilizzare <span class=\"_ _d\"></span>separatamen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>spese <span class=\"_ _d\"></span>per <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _d\"></span>sulla <span class=\"_ _d\"></span>passivit\u00e0 <span class=\"_ _d\"></span>per leasing <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>l\u2019ammort<span class=\"_ _0\"></span>amento <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>diritto <span class=\"_ _3\"></span>d\u2019uso <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>I <span class=\"_ _0\"></span>locatari <span class=\"_ _3\"></span>dovranno <span class=\"_ _3\"></span>anche <span class=\"_ _0\"></span>rimisurare<span class=\"_ _0\"></span> la <span class=\"_ _5\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>leasing <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>verificarsi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>determinati <span class=\"_ _e\"> </span>eventi <span class=\"_ _e\"> </span>(ad <span class=\"_ _e\"> </span>esempio: <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>cam<span class=\"_ _0\"></span>biamento nelle <span class=\"_ _d\"></span>condizioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>leasing,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>ca<span class=\"_ _0\"></span>mbiamento <span class=\"_ _d\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>pagam<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>leasing<span class=\"_ _0\"></span> conseguente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>ca<span class=\"_ _0\"></span>mbiame<span class=\"_ _0\"></span>nto <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>indice <span class=\"_ _1\"> </span>o <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>t<span class=\"_ _0\"></span>asso <span class=\"_ _f\"> </span>ut<span class=\"_ _0\"></span>ilizzati <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>determi<span class=\"_ _0\"></span>nare <span class=\"_ _f\"> </span>quei pagamenti). <span class=\"_ _9\"> </span>Il <span class=\"_ _9\"> </span>locatario <span class=\"_ _9\"> </span>ricono<span class=\"_ _0\"></span>scer\u00e0 <span class=\"_ _8\"> </span>ge<span class=\"_ _0\"></span>neralmente<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>l\u2019importo <span class=\"_ _9\"> </span>della <span class=\"_ _9\"> </span>rimisuraz<span class=\"_ _0\"></span>ione <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>la passivit\u00e0 per <span class=\"_ _0\"></span>leasing come una r<span class=\"_ _0\"></span>ettifica d<span class=\"_ _0\"></span>el diritto d\u2019us<span class=\"_ _0\"></span>o dell\u2019attivit\u00e0.<span class=\"_ _0\"></span> I <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>anoni <span class=\"_ _3\"></span>leasing <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>anno <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>inferiore<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>12<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>que<span class=\"_ _0\"></span>lli che <span class=\"_ _5\"></span>hanno <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>oggetto <span class=\"_ _5\"> </span>be<span class=\"_ _0\"></span>ni <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>modico <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>imputati <span class=\"_ _5\"> </span>a <span class=\"_ _5\"></span>quote <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>tanti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>alla durata del contratto.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__30": {
   "value": "Investimenti i<span class=\"_ _0\"></span>mmobiliari Gli <span class=\"_\"> </span>investimenti <span class=\"_\"> </span>immobiliari, <span class=\"_\"> </span>rappresentat<span class=\"_ _0\"></span>i <span class=\"_\"> </span>da <span class=\"_\"> </span>i<span class=\"_ _2\"></span>mmob<span class=\"_ _0\"></span>ili <span class=\"_\"> </span>p<span class=\"_ _2\"></span>osseduti <span class=\"_\"> </span>per <span class=\"_\"> </span>la <span class=\"_\"> </span>concessione <span class=\"_\"> </span>in affitto <span class=\"_ _3\"></span>e/o <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>l\u2019apprez<span class=\"_ _0\"></span>zamento <span class=\"_ _3\"></span>patrimon<span class=\"_ _0\"></span>iale, <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>quisto, <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>degli ammortament<span class=\"_ _0\"></span>i e delle perdi<span class=\"_ _0\"></span>te di valore.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__32": {
   "value": "Attivit\u00e0 immater<span class=\"_ _0\"></span>iali Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>immater<span class=\"_ _0\"></span>iale <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>rilev<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>contabilm<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>ident<span class=\"_ _0\"></span>ificabile, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollabile, <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d \u00e8 <span class=\"_ _3\"></span>prevedibile <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>generi <span class=\"_ _3\"></span>benefic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onomici <span class=\"_ _3\"></span>futuri <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>minato <span class=\"_ _3\"></span>in modo attendibil<span class=\"_ _0\"></span>e. Le <span class=\"_ _1\"> </span>immobilizzazioni<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>immat<span class=\"_ _0\"></span>eriali <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>durata <span class=\"_ _1\"> </span>definita <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>iscritte <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>costo <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>acquisto <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>di produzione al net<span class=\"_ _0\"></span>to degli a<span class=\"_ _0\"></span>mmortamenti <span class=\"_ _0\"></span>e delle perdit<span class=\"_ _0\"></span>e di valor<span class=\"_ _0\"></span>i accumulati.<span class=\"_ _0\"></span> Le vite utili sti<span class=\"_ _0\"></span>mate del peri<span class=\"_ _0\"></span>odo corrente e<span class=\"_ _0\"></span> di quello com<span class=\"_ _0\"></span>parativo son<span class=\"_ _0\"></span>o le seguenti:<span class=\"_ _0\"></span> Diritti di brevetto <span class=\"_ _0\"></span>industriale<span class=\"_ _0\"></span> e altri diritti<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>         <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> 5 anni Concessioni, lice<span class=\"_ _0\"></span>nze e marc<span class=\"_ _0\"></span>hi            <span class=\"_ _0\"></span>                    <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>      10 a<span class=\"_ _0\"></span>nni  Altri <span class=\"_ _c6\"> </span> <span class=\"_ _0\"></span>               <span class=\"_ _0\"></span>                   <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>          5-6 a<span class=\"_ _0\"></span>nni L\u2019ammortamento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>param<span class=\"_ _0\"></span>etrato <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _5\"></span>della <span class=\"_ _d\"></span>prev<span class=\"_ _0\"></span>ista <span class=\"_ _5\"></span>vita <span class=\"_ _d\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019immobilizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>e inizia quando l\u2019<span class=\"_ _0\"></span>attivit\u00e0 \u00e8 d<span class=\"_ _0\"></span>isponibile all\u2019uso.<span class=\"_ _0\"></span> Nella <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>\u201c<span class=\"_ _0\"></span>Altri\u201d <span class=\"_ _e\"> </span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ompresi <span class=\"_ _5\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _5\"></span>impor<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>pagati <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"> </span>l\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>dei <span class=\"_ _e\"> </span>diritti <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>ingr<span class=\"_ _0\"></span>esso degli <span class=\"_ _3\"></span>esercizi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndita, <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>predefinita;<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>importi <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>ammortizz<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> base alla durata <span class=\"_ _0\"></span>del contrat<span class=\"_ _0\"></span>to. Gli <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span>dall\u2019alienazione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>bene <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>ateriale <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isurati <span class=\"_ _3\"></span>come <span class=\"_ _0\"></span>la differenza <span class=\"_ _3\"></span>fra <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>ricav<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bene <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>conto economico al m<span class=\"_ _0\"></span>omento dell\u2019alienaz<span class=\"_ _0\"></span>ione. Costi di ricerca <span class=\"_ _0\"></span> I <span class=\"_\"> </span>costi <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>ricerca <span class=\"_\"> </span>vengon<span class=\"_ _0\"></span>o <span class=\"_\"> </span>ad<span class=\"_ _2\"></span>debitati <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>Conto <span class=\"_\"> </span>Economico <span class=\"_\"> </span>quando <span class=\"_\"> </span>sostenuti <span class=\"_\"> </span>cos\u00ec <span class=\"_ _1\"> </span>come stabilito dallo I<span class=\"_ _0\"></span>AS 38. Software I <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>delle <span class=\"_ _d\"></span>licenze <span class=\"_ _3\"></span>softwar<span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>compre<span class=\"_ _0\"></span>nsivi <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _3\"></span>acces<span class=\"_ _0\"></span>sori, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>capital<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>isc<span class=\"_ _0\"></span>ritti in bilancio al n<span class=\"_ _0\"></span>etto degli am<span class=\"_ _0\"></span>mortamenti e de<span class=\"_ _0\"></span>lle eventua<span class=\"_ _0\"></span>li perdite di va<span class=\"_ _0\"></span>lore accumu<span class=\"_ _0\"></span>late. La vita utile \u00e8 st<span class=\"_ _0\"></span>imata med<span class=\"_ _0\"></span>iamente in c<span class=\"_ _0\"></span>inque anni.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__31": {
   "value": "Attivit\u00e0 immater<span class=\"_ _0\"></span>iali Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>immater<span class=\"_ _0\"></span>iale <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>rilev<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>contabilm<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>ident<span class=\"_ _0\"></span>ificabile, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollabile, <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d \u00e8 <span class=\"_ _3\"></span>prevedibile <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>generi <span class=\"_ _3\"></span>benefic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onomici <span class=\"_ _3\"></span>futuri <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>minato <span class=\"_ _3\"></span>in modo attendibil<span class=\"_ _0\"></span>e. Le <span class=\"_ _1\"> </span>immobilizzazioni<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>immat<span class=\"_ _0\"></span>eriali <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>durata <span class=\"_ _1\"> </span>definita <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>iscritte <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>costo <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>acquisto <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>di produzione al net<span class=\"_ _0\"></span>to degli a<span class=\"_ _0\"></span>mmortamenti <span class=\"_ _0\"></span>e delle perdit<span class=\"_ _0\"></span>e di valor<span class=\"_ _0\"></span>i accumulati.<span class=\"_ _0\"></span> Le vite utili sti<span class=\"_ _0\"></span>mate del peri<span class=\"_ _0\"></span>odo corrente e<span class=\"_ _0\"></span> di quello com<span class=\"_ _0\"></span>parativo son<span class=\"_ _0\"></span>o le seguenti:<span class=\"_ _0\"></span> Diritti di brevetto <span class=\"_ _0\"></span>industriale<span class=\"_ _0\"></span> e altri diritti<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>         <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> 5 anni Concessioni, lice<span class=\"_ _0\"></span>nze e marc<span class=\"_ _0\"></span>hi            <span class=\"_ _0\"></span>                    <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>      10 a<span class=\"_ _0\"></span>nni  Altri <span class=\"_ _c6\"> </span> <span class=\"_ _0\"></span>               <span class=\"_ _0\"></span>                   <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>          5-6 a<span class=\"_ _0\"></span>nni L\u2019ammortamento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>param<span class=\"_ _0\"></span>etrato <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _5\"></span>della <span class=\"_ _d\"></span>prev<span class=\"_ _0\"></span>ista <span class=\"_ _5\"></span>vita <span class=\"_ _d\"></span>uti<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019immobilizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>e inizia quando l\u2019<span class=\"_ _0\"></span>attivit\u00e0 \u00e8 d<span class=\"_ _0\"></span>isponibile all\u2019uso.<span class=\"_ _0\"></span> Nella <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>\u201c<span class=\"_ _0\"></span>Altri\u201d <span class=\"_ _e\"> </span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ompresi <span class=\"_ _5\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _5\"></span>impor<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>pagati <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"> </span>l\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>dei <span class=\"_ _e\"> </span>diritti <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>ingr<span class=\"_ _0\"></span>esso degli <span class=\"_ _3\"></span>esercizi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ndita, <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>predefinita;<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>importi <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>ammortizz<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> base alla durata <span class=\"_ _0\"></span>del contrat<span class=\"_ _0\"></span>to. Gli <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span>dall\u2019alienazione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>bene <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>ateriale <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isurati <span class=\"_ _3\"></span>come <span class=\"_ _0\"></span>la differenza <span class=\"_ _3\"></span>fra <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>ricav<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bene <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>conto economico al m<span class=\"_ _0\"></span>omento dell\u2019alienaz<span class=\"_ _0\"></span>ione. Costi di ricerca <span class=\"_ _0\"></span> I <span class=\"_\"> </span>costi <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>ricerca <span class=\"_\"> </span>vengon<span class=\"_ _0\"></span>o <span class=\"_\"> </span>ad<span class=\"_ _2\"></span>debitati <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>Conto <span class=\"_\"> </span>Economico <span class=\"_\"> </span>quando <span class=\"_\"> </span>sostenuti <span class=\"_\"> </span>cos\u00ec <span class=\"_ _1\"> </span>come stabilito dallo I<span class=\"_ _0\"></span>AS 38. Software I <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>delle <span class=\"_ _d\"></span>licenze <span class=\"_ _3\"></span>softwar<span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>compre<span class=\"_ _0\"></span>nsivi <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _3\"></span>acces<span class=\"_ _0\"></span>sori, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>capital<span class=\"_ _0\"></span>izzati <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>isc<span class=\"_ _0\"></span>ritti in bilancio al n<span class=\"_ _0\"></span>etto degli am<span class=\"_ _0\"></span>mortamenti e de<span class=\"_ _0\"></span>lle eventua<span class=\"_ _0\"></span>li perdite di va<span class=\"_ _0\"></span>lore accumu<span class=\"_ _0\"></span>late. La vita utile \u00e8 st<span class=\"_ _0\"></span>imata med<span class=\"_ _0\"></span>iamente in c<span class=\"_ _0\"></span>inque anni.<span class=\"_ _0\"></span> Avviamento L\u2019avviamento <span class=\"_ _3\"></span>derivante <span class=\"_ _0\"></span>dall<span class=\"_ _0\"></span>\u2019acquisizione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>imprese <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>materiali <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>\u00e8 valutato al costo <span class=\"_ _0\"></span>al netto d<span class=\"_ _0\"></span>elle perdite<span class=\"_ _0\"></span> di valore accumu<span class=\"_ _0\"></span>late. L\u2019avviamento <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>me <span class=\"_ _f\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _1\"> </span>rivisto <span class=\"_ _1\"> </span>annualmente, <span class=\"_ _1\"> </span>o <span class=\"_ _f\"> </span>con <span class=\"_ _1\"> </span>frequenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>maggiore<span class=\"_ _0\"></span> qualora <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>verifich<span class=\"_ _0\"></span>ino <span class=\"_ _3\"></span>event<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>biamenti <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ossono <span class=\"_ _3\"></span>far <span class=\"_ _d\"></span>emergere <span class=\"_ _d\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _d\"></span>perdite <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> valore, <span class=\"_ _f\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>ificare <span class=\"_ _f\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>non <span class=\"_ _1\"> </span>abbia <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>minor <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>alore. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>perdite<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>valore<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sono <span class=\"_ _1\"> </span>iscritte immediatamente <span class=\"_ _0\"></span>a conto ec<span class=\"_ _0\"></span>onomico e non<span class=\"_ _0\"></span> sono succ<span class=\"_ _0\"></span>essivamente ri<span class=\"_ _0\"></span>pristinate.<span class=\"_ _0\"></span> In <span class=\"_ _8\"> </span>caso <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>cession<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>un\u2019impr<span class=\"_ _0\"></span>esa <span class=\"_ _8\"> </span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _9\"> </span>o <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>un\u2019ent<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>contro<span class=\"_ _0\"></span>llo <span class=\"_ _8\"> </span>cong<span class=\"_ _0\"></span>iunto, l\u2019ammontare <span class=\"_ _b\"> </span>dell\u2019avvia<span class=\"_ _0\"></span>mento <span class=\"_ _a\"> </span>ad <span class=\"_ _b\"> </span>esse <span class=\"_ _a\"> </span>attri<span class=\"_ _0\"></span>buibile <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _b\"> </span>incluso <span class=\"_ _b\"> </span>nella <span class=\"_ _a\"> </span>determ<span class=\"_ _0\"></span>inazione <span class=\"_ _b\"> </span>della plusvalenza o m<span class=\"_ _0\"></span>inusvalenz<span class=\"_ _0\"></span>a da alienazione.<span class=\"_ _0\"></span> Gli <span class=\"_ _3\"></span>avviamenti <span class=\"_ _d\"></span>derivanti <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>acquisizion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>effettuate <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ima <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>transizion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>IFRS sono m<span class=\"_ _0\"></span>antenuti <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>i va<span class=\"_ _0\"></span>lori r<span class=\"_ _0\"></span>isultanti <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019applicazione <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>principi <span class=\"_ _0\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _0\"></span>italiani <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>e sono assoggett<span class=\"_ _0\"></span>ati ad impair<span class=\"_ _0\"></span>ment test con la <span class=\"_ _0\"></span>frequenza s<span class=\"_ _0\"></span>opra indicata. <span class=\"_ _0\"></span> Qualora <span class=\"_ _1\"> </span>l\u2019avviament<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>iscritto <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>bilancio <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>riferisc<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>all\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>onerosa <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>diritti <span class=\"_ _1\"> </span>per l\u2019esercizio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>merciali ave<span class=\"_ _0\"></span>nti <span class=\"_ _0\"></span>vita <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>definit<span class=\"_ _0\"></span>a. Lo <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _0\"></span>viene s<span class=\"_ _0\"></span>istematicame<span class=\"_ _0\"></span>nte ammortizzato <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>periodo <span class=\"_ _f\"> </span>uguale <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>durata <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>locazione <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferisc<span class=\"_ _0\"></span>e l\u2019esercizio e v<span class=\"_ _0\"></span>iene iscritto al<span class=\"_ _0\"></span> costo, a<span class=\"_ _0\"></span>l netto di ammorta<span class=\"_ _0\"></span>menti ed event<span class=\"_ _0\"></span>uali perd<span class=\"_ _0\"></span>ite di va<span class=\"_ _0\"></span>lore. Se l\u2019<span class=\"_ _0\"></span>avviamento <span class=\"_ _0\"></span>iscritto <span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>lancio si <span class=\"_ _0\"></span>riferisce <span class=\"_ _0\"></span>all\u2019acquis<span class=\"_ _0\"></span>izione <span class=\"_ _0\"></span>onerosa <span class=\"_ _0\"></span>di d<span class=\"_ _0\"></span>iritti per<span class=\"_ _0\"></span> l\u2019<span class=\"_ _0\"></span>esercizio di <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>commercial<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>av<span class=\"_ _0\"></span>enti <span class=\"_ _5\"></span>vita <span class=\"_ _5\"></span>utile <span class=\"_ _5\"></span>indefinita, <span class=\"_ _e\"> </span>il <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _5\"></span>pi\u00f9 <span class=\"_ _5\"></span>sistematicame<span class=\"_ _0\"></span>nte ammortizzato, <span class=\"_ _b\"> </span>ma <span class=\"_ _a\"> </span>assoggettat<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>una <span class=\"_ _b\"> </span>verifica <span class=\"_ _a\"> </span>pe<span class=\"_ _0\"></span>riodica <span class=\"_ _a\"> </span>ai <span class=\"_ _a\"> </span>f<span class=\"_ _0\"></span>ini <span class=\"_ _a\"> </span>dell\u2019identific<span class=\"_ _0\"></span>azione <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i eventuali per<span class=\"_ _0\"></span>dite di valore.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__33": {
   "value": "Avviamento L\u2019avviamento <span class=\"_ _3\"></span>derivante <span class=\"_ _0\"></span>dall<span class=\"_ _0\"></span>\u2019acquisizione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>imprese <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>materiali <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>\u00e8 valutato al costo <span class=\"_ _0\"></span>al netto d<span class=\"_ _0\"></span>elle perdite<span class=\"_ _0\"></span> di valore accumu<span class=\"_ _0\"></span>late. L\u2019avviamento <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>me <span class=\"_ _f\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _1\"> </span>rivisto <span class=\"_ _1\"> </span>annualmente, <span class=\"_ _1\"> </span>o <span class=\"_ _f\"> </span>con <span class=\"_ _1\"> </span>frequenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>maggiore<span class=\"_ _0\"></span> qualora <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>verifich<span class=\"_ _0\"></span>ino <span class=\"_ _3\"></span>event<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>cam<span class=\"_ _0\"></span>biamenti <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ossono <span class=\"_ _3\"></span>far <span class=\"_ _d\"></span>emergere <span class=\"_ _d\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _d\"></span>perdite <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> valore, <span class=\"_ _f\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>ificare <span class=\"_ _f\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>non <span class=\"_ _1\"> </span>abbia <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>minor <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>alore. <span class=\"_ _1\"> </span>Le <span class=\"_ _f\"> </span>perdite<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>valore<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>sono <span class=\"_ _1\"> </span>iscritte immediatamente <span class=\"_ _0\"></span>a conto ec<span class=\"_ _0\"></span>onomico e non<span class=\"_ _0\"></span> sono succ<span class=\"_ _0\"></span>essivamente ri<span class=\"_ _0\"></span>pristinate.<span class=\"_ _0\"></span> In <span class=\"_ _8\"> </span>caso <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>cession<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>un\u2019impr<span class=\"_ _0\"></span>esa <span class=\"_ _8\"> </span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _9\"> </span>o <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>un\u2019ent<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>contro<span class=\"_ _0\"></span>llo <span class=\"_ _8\"> </span>cong<span class=\"_ _0\"></span>iunto, l\u2019ammontare <span class=\"_ _b\"> </span>dell\u2019avvia<span class=\"_ _0\"></span>mento <span class=\"_ _a\"> </span>ad <span class=\"_ _b\"> </span>esse <span class=\"_ _a\"> </span>attri<span class=\"_ _0\"></span>buibile <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _b\"> </span>incluso <span class=\"_ _b\"> </span>nella <span class=\"_ _a\"> </span>determ<span class=\"_ _0\"></span>inazione <span class=\"_ _b\"> </span>della plusvalenza o m<span class=\"_ _0\"></span>inusvalenz<span class=\"_ _0\"></span>a da alienazione.<span class=\"_ _0\"></span> Gli <span class=\"_ _3\"></span>avviamenti <span class=\"_ _d\"></span>derivanti <span class=\"_ _3\"></span>da <span class=\"_ _d\"></span>acquisizion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>effettuate <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ima <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>transizion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>IFRS sono m<span class=\"_ _0\"></span>antenuti <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>i va<span class=\"_ _0\"></span>lori r<span class=\"_ _0\"></span>isultanti <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019applicazione <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>principi <span class=\"_ _0\"></span>contab<span class=\"_ _0\"></span>ili <span class=\"_ _0\"></span>italiani <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>e sono assoggett<span class=\"_ _0\"></span>ati ad impair<span class=\"_ _0\"></span>ment test con la <span class=\"_ _0\"></span>frequenza s<span class=\"_ _0\"></span>opra indicata. <span class=\"_ _0\"></span> Qualora <span class=\"_ _1\"> </span>l\u2019avviament<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>iscritto <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>bilancio <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>riferisc<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>all\u2019acquisizi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>onerosa <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>diritti <span class=\"_ _1\"> </span>per l\u2019esercizio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>merciali ave<span class=\"_ _0\"></span>nti <span class=\"_ _0\"></span>vita <span class=\"_ _0\"></span>utile <span class=\"_ _0\"></span>definit<span class=\"_ _0\"></span>a. Lo <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso <span class=\"_ _0\"></span>viene s<span class=\"_ _0\"></span>istematicame<span class=\"_ _0\"></span>nte ammortizzato <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>periodo <span class=\"_ _f\"> </span>uguale <span class=\"_ _f\"> </span>alla <span class=\"_ _f\"> </span>durata <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>locazione <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferisc<span class=\"_ _0\"></span>e l\u2019esercizio e v<span class=\"_ _0\"></span>iene iscritto al<span class=\"_ _0\"></span> costo, a<span class=\"_ _0\"></span>l netto di ammorta<span class=\"_ _0\"></span>menti ed event<span class=\"_ _0\"></span>uali perd<span class=\"_ _0\"></span>ite di va<span class=\"_ _0\"></span>lore. Se l\u2019<span class=\"_ _0\"></span>avviamento <span class=\"_ _0\"></span>iscritto <span class=\"_ _0\"></span>a bi<span class=\"_ _0\"></span>lancio si <span class=\"_ _0\"></span>riferisce <span class=\"_ _0\"></span>all\u2019acquis<span class=\"_ _0\"></span>izione <span class=\"_ _0\"></span>onerosa <span class=\"_ _0\"></span>di d<span class=\"_ _0\"></span>iritti per<span class=\"_ _0\"></span> l\u2019<span class=\"_ _0\"></span>esercizio di <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"></span>commercial<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>av<span class=\"_ _0\"></span>enti <span class=\"_ _5\"></span>vita <span class=\"_ _5\"></span>utile <span class=\"_ _5\"></span>indefinita, <span class=\"_ _e\"> </span>il <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _5\"></span>pi\u00f9 <span class=\"_ _5\"></span>sistematicame<span class=\"_ _0\"></span>nte ammortizzato, <span class=\"_ _b\"> </span>ma <span class=\"_ _a\"> </span>assoggettat<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>una <span class=\"_ _b\"> </span>verifica <span class=\"_ _a\"> </span>pe<span class=\"_ _0\"></span>riodica <span class=\"_ _a\"> </span>ai <span class=\"_ _a\"> </span>f<span class=\"_ _0\"></span>ini <span class=\"_ _a\"> </span>dell\u2019identific<span class=\"_ _0\"></span>azione <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i eventuali per<span class=\"_ _0\"></span>dite di valore.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__35": {
   "value": "Perdite di valor<span class=\"_ _0\"></span>e (\u201cImpairm<span class=\"_ _0\"></span>ent\u201d) Ad <span class=\"_ _b\"> </span>ogni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ata <span class=\"_ _b\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>bilancio,<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _b\"> </span>freq<span class=\"_ _0\"></span>uenza <span class=\"_ _b\"> </span>magg<span class=\"_ _0\"></span>iore <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>alora <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>verifichino<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>event<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>o cambiamenti <span class=\"_ _b\"> </span>che <span class=\"_ _b\"> </span>possono <span class=\"_ _a\"> </span>far<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>e<span class=\"_ _0\"></span>mergere <span class=\"_ _b\"> </span>perdite <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>valor<span class=\"_ _0\"></span>e, <span class=\"_ _a\"> </span>il <span class=\"_ _b\"> </span>Gruppo <span class=\"_ _b\"> </span>rivede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>valore<span class=\"_ _0\"></span> contabile de<span class=\"_ _0\"></span>lle pr<span class=\"_ _0\"></span>oprie att<span class=\"_ _0\"></span>ivit\u00e0 mater<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>e immat<span class=\"_ _0\"></span>eriali pe<span class=\"_ _0\"></span>r deter<span class=\"_ _0\"></span>minare s<span class=\"_ _0\"></span>e vi s<span class=\"_ _0\"></span>iano <span class=\"_ _0\"></span>indicaz<span class=\"_ _0\"></span>ioni che <span class=\"_ _3\"></span>queste <span class=\"_ _d\"></span>attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _3\"></span>abbi<span class=\"_ _0\"></span>ano <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ubito <span class=\"_ _3\"></span>riduzio<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>valore. <span class=\"_ _d\"></span>Qualora <span class=\"_ _d\"></span>queste <span class=\"_ _d\"></span>indicazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istano, viene <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>timato <span class=\"_ _5\"></span>l\u2019ammont<span class=\"_ _0\"></span>are <span class=\"_ _5\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"> </span>per <span class=\"_ _5\"> </span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019eventuale <span class=\"_ _5\"> </span>importo della <span class=\"_\"> </span>svalut<span class=\"_ _0\"></span>azione. <span class=\"_\"> </span>Dove <span class=\"_ _a\"> </span>non <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>possib<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>stimare <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>valore <span class=\"_\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>di <span class=\"_\"> </span>u<span class=\"_ _0\"></span>na <span class=\"_\"> </span>attivit\u00e0<span class=\"_ _0\"></span> individualmente,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _d\"></span>effettua<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>sti<span class=\"_ _0\"></span>ma <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _d\"></span>recupera<span class=\"_ _0\"></span>bile <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>generatr<span class=\"_ _0\"></span>ice di flussi finanz<span class=\"_ _0\"></span>iari a cui l\u2019at<span class=\"_ _0\"></span>tivit\u00e0 appartiene.<span class=\"_ _0\"></span> Le <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>v<span class=\"_ _0\"></span>ita <span class=\"_ _a\"> </span>utile <span class=\"_ _a\"> </span>indefinita<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>tra <span class=\"_ _a\"> </span>cui <span class=\"_ _a\"> </span>l\u2019avviamento <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>marchi,<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>vengono verificate annu<span class=\"_ _0\"></span>almente e<span class=\"_ _0\"></span> ogniqualvolta v<span class=\"_ _0\"></span>i \u00e8 un\u2019indic<span class=\"_ _0\"></span>azione di<span class=\"_ _0\"></span> una pos<span class=\"_ _0\"></span>sibile perdita<span class=\"_ _0\"></span> di valor<span class=\"_ _0\"></span>e, al fine di deter<span class=\"_ _0\"></span>minare se la <span class=\"_ _0\"></span>perdita d<span class=\"_ _0\"></span>i valore effettivam<span class=\"_ _0\"></span>ente esista.<span class=\"_ _0\"></span> L\u2019ammontare <span class=\"_ _3\"></span>recu<span class=\"_ _0\"></span>perabile <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>rappresentato <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aggiore <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>fr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>dei costi <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>vendita <span class=\"_ _e\"> </span>e <span class=\"_ _5\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso. <span class=\"_ _5\"></span>Nella <span class=\"_ _e\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _5\"></span>d\u2019us<span class=\"_ _0\"></span>o, <span class=\"_ _5\"></span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>cassa futuri <span class=\"_ _3\"></span>stimati <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>scontati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>loro <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>lordo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>imposte che <span class=\"_ _f\"> </span>riflette <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>denaro <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>rischi <span class=\"_ _f\"> </span>specifici dell\u2019attivit\u00e0. Se <span class=\"_ _0\"></span>l\u2019ammontare <span class=\"_ _3\"></span>recuperabi<span class=\"_ _0\"></span>le d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>(o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>unit\u00e0 <span class=\"_ _3\"></span>generatrice <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>lussi <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iari) <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> stimato <span class=\"_ _d\"></span>essere <span class=\"_ _5\"></span>inferiore <span class=\"_ _d\"></span>rispetto <span class=\"_ _5\"></span>al <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elativo <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>contabile, <span class=\"_ _5\"></span>esso <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>ridotto <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>minor <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alore recuperabile. Una p<span class=\"_ _0\"></span>erdita d<span class=\"_ _0\"></span>i valore \u00e8 rilevat<span class=\"_ _0\"></span>a nel conto <span class=\"_ _0\"></span>economico im<span class=\"_ _0\"></span>mediatame<span class=\"_ _0\"></span>nte,  Quando <span class=\"_\"> </span>u<span class=\"_ _2\"></span>na <span class=\"_ _1\"> </span>svalut<span class=\"_ _0\"></span>azione <span class=\"_\"> </span>non <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>p<span class=\"_ _0\"></span>i\u00f9 <span class=\"_ _1\"> </span>ragione <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>essere <span class=\"_ _1\"> </span>mantenut<span class=\"_ _0\"></span>a, <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>con<span class=\"_ _2\"></span>tabile<span class=\"_ _0\"></span> dell\u2019attivit\u00e0 <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>g<span class=\"_ _0\"></span>eneratrice <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>flussi <span class=\"_ _e\"> </span>finanziar<span class=\"_ _0\"></span>i), <span class=\"_ _5\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>dell<span class=\"_ _0\"></span>\u2019avviamento, <span class=\"_ _e\"> </span>\u00e8 incrementato <span class=\"_ _f\"> </span>al <span class=\"_ _5\"> </span>nu<span class=\"_ _0\"></span>ovo <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>derivant<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>stima<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>uo <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>recuper<span class=\"_ _0\"></span>abile, <span class=\"_ _e\"> </span>ma <span class=\"_ _f\"> </span>non oltre <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>netto <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>carico <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>avrebb<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>vuto <span class=\"_ _e\"> </span>se <span class=\"_ _e\"> </span>non <span class=\"_ _5\"> </span>fos<span class=\"_ _0\"></span>se <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _e\"> </span>effettuata <span class=\"_ _f\"> </span>la svalutazione <span class=\"_ _f\"> </span>per <span class=\"_ _e\"> </span>perdita <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>valore. <span class=\"_ _e\"> </span>Il <span class=\"_ _f\"> </span>ripristino <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputato <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico<span class=\"_ _0\"></span> immediatamente, <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>meno <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _1\"> </span>l\u2019attivit\u00e0 <span class=\"_ _1\"> </span>sia <span class=\"_ _1\"> </span>valutata <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>valore <span class=\"_ _1\"> </span>rivalutato, <span class=\"_\"> </span>n<span class=\"_ _2\"></span>el <span class=\"_ _1\"> </span>qual <span class=\"_ _1\"> </span>caso <span class=\"_ _1\"> </span>il ripristino di val<span class=\"_ _0\"></span>ore \u00e8 imputat<span class=\"_ _0\"></span>o alla riserv<span class=\"_ _0\"></span>a di rivalutazion<span class=\"_ _0\"></span>e.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__34": {
   "value": "Perdite di valor<span class=\"_ _0\"></span>e (\u201cImpairm<span class=\"_ _0\"></span>ent\u201d) Ad <span class=\"_ _b\"> </span>ogni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ata <span class=\"_ _b\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>bilancio,<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _b\"> </span>freq<span class=\"_ _0\"></span>uenza <span class=\"_ _b\"> </span>magg<span class=\"_ _0\"></span>iore <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>alora <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>verifichino<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>event<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>o cambiamenti <span class=\"_ _b\"> </span>che <span class=\"_ _b\"> </span>possono <span class=\"_ _a\"> </span>far<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>e<span class=\"_ _0\"></span>mergere <span class=\"_ _b\"> </span>perdite <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>valor<span class=\"_ _0\"></span>e, <span class=\"_ _a\"> </span>il <span class=\"_ _b\"> </span>Gruppo <span class=\"_ _b\"> </span>rivede <span class=\"_ _b\"> </span>il <span class=\"_ _a\"> </span>valore<span class=\"_ _0\"></span> contabile de<span class=\"_ _0\"></span>lle pr<span class=\"_ _0\"></span>oprie att<span class=\"_ _0\"></span>ivit\u00e0 mater<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>e immat<span class=\"_ _0\"></span>eriali pe<span class=\"_ _0\"></span>r deter<span class=\"_ _0\"></span>minare s<span class=\"_ _0\"></span>e vi s<span class=\"_ _0\"></span>iano <span class=\"_ _0\"></span>indicaz<span class=\"_ _0\"></span>ioni che <span class=\"_ _3\"></span>queste <span class=\"_ _d\"></span>attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _3\"></span>abbi<span class=\"_ _0\"></span>ano <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ubito <span class=\"_ _3\"></span>riduzio<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>valore. <span class=\"_ _d\"></span>Qualora <span class=\"_ _d\"></span>queste <span class=\"_ _d\"></span>indicazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>istano, viene <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>timato <span class=\"_ _5\"></span>l\u2019ammont<span class=\"_ _0\"></span>are <span class=\"_ _5\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _5\"> </span>per <span class=\"_ _5\"> </span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>l\u2019eventuale <span class=\"_ _5\"> </span>importo della <span class=\"_\"> </span>svalut<span class=\"_ _0\"></span>azione. <span class=\"_\"> </span>Dove <span class=\"_ _a\"> </span>non <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>possib<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>stimare <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>valore <span class=\"_\"> </span>recuperab<span class=\"_ _0\"></span>ile <span class=\"_\"> </span>di <span class=\"_\"> </span>u<span class=\"_ _0\"></span>na <span class=\"_\"> </span>attivit\u00e0<span class=\"_ _0\"></span> individualmente,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _d\"></span>effettua<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>sti<span class=\"_ _0\"></span>ma <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _d\"></span>recupera<span class=\"_ _0\"></span>bile <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>unit\u00e0 <span class=\"_ _d\"></span>generatr<span class=\"_ _0\"></span>ice di flussi finanz<span class=\"_ _0\"></span>iari a cui l\u2019at<span class=\"_ _0\"></span>tivit\u00e0 appartiene.<span class=\"_ _0\"></span> Le <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>v<span class=\"_ _0\"></span>ita <span class=\"_ _a\"> </span>utile <span class=\"_ _a\"> </span>indefinita<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>tra <span class=\"_ _a\"> </span>cui <span class=\"_ _a\"> </span>l\u2019avviamento <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>marchi,<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>vengono verificate annu<span class=\"_ _0\"></span>almente e<span class=\"_ _0\"></span> ogniqualvolta v<span class=\"_ _0\"></span>i \u00e8 un\u2019indic<span class=\"_ _0\"></span>azione di<span class=\"_ _0\"></span> una pos<span class=\"_ _0\"></span>sibile perdita<span class=\"_ _0\"></span> di valor<span class=\"_ _0\"></span>e, al fine di deter<span class=\"_ _0\"></span>minare se la <span class=\"_ _0\"></span>perdita d<span class=\"_ _0\"></span>i valore effettivam<span class=\"_ _0\"></span>ente esista.<span class=\"_ _0\"></span> L\u2019ammontare <span class=\"_ _3\"></span>recu<span class=\"_ _0\"></span>perabile <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>rappresentato <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aggiore <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>fr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>dei costi <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>vendita <span class=\"_ _e\"> </span>e <span class=\"_ _5\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso. <span class=\"_ _5\"></span>Nella <span class=\"_ _e\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _5\"></span>d\u2019us<span class=\"_ _0\"></span>o, <span class=\"_ _5\"></span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>cassa futuri <span class=\"_ _3\"></span>stimati <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>scontati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>loro <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>lordo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>imposte che <span class=\"_ _f\"> </span>riflette <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _f\"> </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>denaro <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>rischi <span class=\"_ _f\"> </span>specifici dell\u2019attivit\u00e0. Se <span class=\"_ _0\"></span>l\u2019ammontare <span class=\"_ _3\"></span>recuperabi<span class=\"_ _0\"></span>le d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>(o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>unit\u00e0 <span class=\"_ _3\"></span>generatrice <span class=\"_ _3\"></span>di f<span class=\"_ _0\"></span>lussi <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iari) <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> stimato <span class=\"_ _d\"></span>essere <span class=\"_ _5\"></span>inferiore <span class=\"_ _d\"></span>rispetto <span class=\"_ _5\"></span>al <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elativo <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>contabile, <span class=\"_ _5\"></span>esso <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>ridotto <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>minor <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alore recuperabile. Una p<span class=\"_ _0\"></span>erdita d<span class=\"_ _0\"></span>i valore \u00e8 rilevat<span class=\"_ _0\"></span>a nel conto <span class=\"_ _0\"></span>economico im<span class=\"_ _0\"></span>mediatame<span class=\"_ _0\"></span>nte,  Quando <span class=\"_\"> </span>u<span class=\"_ _2\"></span>na <span class=\"_ _1\"> </span>svalut<span class=\"_ _0\"></span>azione <span class=\"_\"> </span>non <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>p<span class=\"_ _0\"></span>i\u00f9 <span class=\"_ _1\"> </span>ragione <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>essere <span class=\"_ _1\"> </span>mantenut<span class=\"_ _0\"></span>a, <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>con<span class=\"_ _2\"></span>tabile<span class=\"_ _0\"></span> dell\u2019attivit\u00e0 <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>g<span class=\"_ _0\"></span>eneratrice <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>flussi <span class=\"_ _e\"> </span>finanziar<span class=\"_ _0\"></span>i), <span class=\"_ _5\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>eccez<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>dell<span class=\"_ _0\"></span>\u2019avviamento, <span class=\"_ _e\"> </span>\u00e8 incrementato <span class=\"_ _f\"> </span>al <span class=\"_ _5\"> </span>nu<span class=\"_ _0\"></span>ovo <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>derivant<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>stima<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>uo <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>recuper<span class=\"_ _0\"></span>abile, <span class=\"_ _e\"> </span>ma <span class=\"_ _f\"> </span>non oltre <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>netto <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>carico <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>l\u2019attivit\u00e0 <span class=\"_ _e\"> </span>avrebb<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>vuto <span class=\"_ _e\"> </span>se <span class=\"_ _e\"> </span>non <span class=\"_ _5\"> </span>fos<span class=\"_ _0\"></span>se <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _e\"> </span>effettuata <span class=\"_ _f\"> </span>la svalutazione <span class=\"_ _f\"> </span>per <span class=\"_ _e\"> </span>perdita <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>valore. <span class=\"_ _e\"> </span>Il <span class=\"_ _f\"> </span>ripristino <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>imputato <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>conto <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico<span class=\"_ _0\"></span> immediatamente, <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>meno <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _1\"> </span>l\u2019attivit\u00e0 <span class=\"_ _1\"> </span>sia <span class=\"_ _1\"> </span>valutata <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>valore <span class=\"_ _1\"> </span>rivalutato, <span class=\"_\"> </span>n<span class=\"_ _2\"></span>el <span class=\"_ _1\"> </span>qual <span class=\"_ _1\"> </span>caso <span class=\"_ _1\"> </span>il ripristino di val<span class=\"_ _0\"></span>ore \u00e8 imputat<span class=\"_ _0\"></span>o alla riserv<span class=\"_ _0\"></span>a di rivalutazion<span class=\"_ _0\"></span>e.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__36": {
   "value": "Attivit\u00e0 non corr<span class=\"_ _0\"></span>enti detenu<span class=\"_ _0\"></span>te per <span class=\"_ _0\"></span>la vendita Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>corrente <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ismissione <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ompost<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>attivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0) <span class=\"_ _3\"></span>viene classificata <span class=\"_\"> </span>come <span class=\"_\"> </span>posseduta <span class=\"_\"> </span>per <span class=\"_\"> </span>la <span class=\"_\"> </span>vendita <span class=\"_ _1\"> </span>se <span class=\"_\"> </span>il <span class=\"_\"> </span>suo <span class=\"_ _1\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_\"> </span>contabile <span class=\"_\"> </span>sar\u00e0 <span class=\"_\"> </span>recuperato principalmente c<span class=\"_ _0\"></span>on un\u2019oper<span class=\"_ _0\"></span>azione di vend<span class=\"_ _0\"></span>ita anzich\u00e9 tr<span class=\"_ _0\"></span>amite il suo ut<span class=\"_ _0\"></span>ilizzo cont<span class=\"_ _0\"></span>inuato. Immediatament<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ima <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>lassificazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>iniziale <span class=\"_ _e\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _e\"> </span>(o <span class=\"_ _e\"> </span>gruppo <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>dismissione)<span class=\"_ _0\"></span> come <span class=\"_ _5\"></span>posseduta<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>vendita,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>conta<span class=\"_ _0\"></span>bili <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>utati <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onformit\u00e0 <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>i principi contab<span class=\"_ _0\"></span>ili del Grupp<span class=\"_ _0\"></span>o. Successivame<span class=\"_ _0\"></span>nte, <span class=\"_ _f\"> </span>l\u2019attivit\u00e0 <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>gruppo <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>dismission<span class=\"_ _0\"></span>e) <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>valutat<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>minore <span class=\"_ _1\"> </span>tra <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>suo valore <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>abile <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fair <span class=\"_ _d\"></span>value <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>net<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>ven<span class=\"_ _0\"></span>dita. <span class=\"_ _d\"></span>L\u2019eventuale <span class=\"_ _d\"></span>perdita <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>di un <span class=\"_ _d\"></span>gruppo <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>dismissione <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>allocata <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>primo <span class=\"_ _5\"></span>luogo <span class=\"_ _d\"></span>all\u2019av<span class=\"_ _0\"></span>viamento, <span class=\"_ _d\"></span>qu<span class=\"_ _0\"></span>indi <span class=\"_ _d\"></span>alle <span class=\"_ _5\"></span>restanti attivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>passivit\u00e0 <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>sura <span class=\"_ _3\"></span>proporzion<span class=\"_ _0\"></span>ale, <span class=\"_ _3\"></span>ad <span class=\"_ _d\"></span>eccezione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rimane<span class=\"_ _0\"></span>nze, <span class=\"_ _3\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>finanziarie,<span class=\"_ _0\"></span> attivit\u00e0 <span class=\"_ _8\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>impos<span class=\"_ _0\"></span>te <span class=\"_ _8\"> </span>d<span class=\"_ _0\"></span>ifferite, <span class=\"_ _9\"> </span>benefici <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>dipen<span class=\"_ _0\"></span>denti <span class=\"_ _9\"> </span>e <span class=\"_ _8\"> </span>inves<span class=\"_ _0\"></span>timenti <span class=\"_ _9\"> </span>immobi<span class=\"_ _0\"></span>liari, <span class=\"_ _8\"> </span>che<span class=\"_ _0\"></span> continuano ad es<span class=\"_ _0\"></span>sere valut<span class=\"_ _0\"></span>ate in conform<span class=\"_ _0\"></span>it\u00e0 ai principi c<span class=\"_ _0\"></span>ontabili del Gru<span class=\"_ _0\"></span>ppo. Le <span class=\"_ _0\"></span>perdite <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span>dalla <span class=\"_ _0\"></span>classif<span class=\"_ _0\"></span>icazione <span class=\"_ _0\"></span>iniz<span class=\"_ _0\"></span>iale <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>seduta <span class=\"_ _3\"></span>per la <span class=\"_ _5\"></span>vendit<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>e <span class=\"_ _e\"> </span>le <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferenze <span class=\"_ _e\"> </span>di <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alutazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>succe<span class=\"_ _0\"></span>ssive <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>rilevate <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>conto <span class=\"_ _5\"> </span>ec<span class=\"_ _0\"></span>onomico.<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>Le variazioni <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>positive <span class=\"_ _e\"> </span>sono <span class=\"_ _f\"> </span>rilevate <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>olo <span class=\"_ _e\"> </span>fino <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>concorrenza <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>eventuali <span class=\"_ _f\"> </span>perdite <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i valore cumulate.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__37": {
   "value": "Finanziamenti<span class=\"_ _0\"></span> I <span class=\"_ _3\"></span>finanziamenti <span class=\"_ _d\"></span>sono <span class=\"_ _3\"></span>rico<span class=\"_ _0\"></span>nosc<span class=\"_ _0\"></span>iuti <span class=\"_ _3\"></span>inizialmente <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lue <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alore <span class=\"_ _3\"></span>ricevuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>egli oneri accessor<span class=\"_ _0\"></span>i di acquisizione <span class=\"_ _0\"></span>del finanziam<span class=\"_ _0\"></span>ento. Dopo <span class=\"_\"> </span>t<span class=\"_ _0\"></span>ale <span class=\"_ _a\"> </span>rilevazione <span class=\"_ _a\"> </span>iniziale <span class=\"_ _a\"> </span>i <span class=\"_\"> </span>finanziament<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>vengono <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _a\"> </span>con <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>criterio <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>costo ammortizzato ca<span class=\"_ _0\"></span>lcolato tra<span class=\"_ _0\"></span>mite l\u2019applicaz<span class=\"_ _0\"></span>ione del tasso <span class=\"_ _0\"></span>d\u2019interesse eff<span class=\"_ _0\"></span>ettivo. Il <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>ten<span class=\"_ _0\"></span>endo <span class=\"_ _3\"></span>conto <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>emissione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ogni <span class=\"_ _3\"></span>eventuale<span class=\"_ _0\"></span> sconto o prem<span class=\"_ _0\"></span>io previsti al <span class=\"_ _0\"></span>momento della r<span class=\"_ _0\"></span>egolazione<span class=\"_ _0\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__38": {
   "value": "Debiti commerci<span class=\"_ _0\"></span>ali e altri debit<span class=\"_ _0\"></span>i I debiti sono r<span class=\"_ _0\"></span>ilevati inizialmente <span class=\"_ _0\"></span>al fair va<span class=\"_ _0\"></span>lue del corrisp<span class=\"_ _0\"></span>ettivo da pag<span class=\"_ _0\"></span>are. Successivame<span class=\"_ _0\"></span>nte <span class=\"_ _d\"></span>i <span class=\"_ _5\"></span>debiti <span class=\"_ _5\"></span>vengono <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>utati <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>on <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>riterio <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>ammort<span class=\"_ _0\"></span>izzato <span class=\"_ _5\"></span>calcolato tramite l\u2019applicaz<span class=\"_ _0\"></span>ione del ta<span class=\"_ _0\"></span>sso d\u2019interesse e<span class=\"_ _0\"></span>ffettivo.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__39-1": {
   "value": "Fondi per risc<span class=\"_ _0\"></span>hi e oneri I <span class=\"_\"> </span>fondi <span class=\"_\"> </span>per <span class=\"_\"> </span>risc<span class=\"_ _0\"></span>hi <span class=\"_\"> </span>e <span class=\"_\"> </span>oneri <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_\"> </span>relativi <span class=\"_\"> </span>ad <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>cantoname<span class=\"_ _0\"></span>nti <span class=\"_\"> </span>che <span class=\"_\"> </span>vengo<span class=\"_ _0\"></span>no <span class=\"_\"> </span>stanziati <span class=\"_\"> </span>sol<span class=\"_ _0\"></span>o quando <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>rit<span class=\"_ _0\"></span>iene <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>dov<span class=\"_ _0\"></span>er <span class=\"_ _d\"></span>far <span class=\"_ _d\"></span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span>\u2019obbligazion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>(legale <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>implicita) <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>un evento <span class=\"_ _0\"></span>passato <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ale <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>probabile <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>utilizzo d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>risorse <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>montare d<span class=\"_ _0\"></span>eve <span class=\"_ _0\"></span>poter essere stimato <span class=\"_ _0\"></span>in maniera atten<span class=\"_ _0\"></span>dibile. L\u2019importo <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>fo<span class=\"_ _0\"></span>ndi <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>rappresentato <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_ _f\"> </span>valore <span class=\"_ _1\"> </span>attuale <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _f\"> </span>attes<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>stimat<span class=\"_ _0\"></span>i, attualizzati <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>tasso <span class=\"_ _e\"> </span>lordo <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>impost<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>riflette<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>valutazioni <span class=\"_ _e\"> </span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>merc<span class=\"_ _0\"></span>ato <span class=\"_ _e\"> </span>del valore attuale de<span class=\"_ _0\"></span>l denaro e <span class=\"_ _0\"></span>i risultati speci<span class=\"_ _0\"></span>fici connessi <span class=\"_ _0\"></span>alle passivit\u00e0. Non <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>procede <span class=\"_ _3\"></span>invece <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>alcun <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tanziamento<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>fronte <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ali <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ifestarsi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di una <span class=\"_ _f\"> </span>passivit\u00e0 <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>soltanto <span class=\"_ _f\"> </span>poss<span class=\"_ _0\"></span>ibile. <span class=\"_ _f\"> </span>In <span class=\"_ _f\"> </span>questa <span class=\"_ _f\"> </span>evenienz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>si <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ocede <span class=\"_ _f\"> </span>unicament<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>darne menzione nell\u2019ap<span class=\"_ _0\"></span>posita sezi<span class=\"_ _0\"></span>one informativa s<span class=\"_ _0\"></span>u impegni e r<span class=\"_ _0\"></span>ischi.  Accantonament<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>relativ<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>a <span class=\"_ _5\"></span>operazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>riorgani<span class=\"_ _0\"></span>zzazione <span class=\"_ _5\"></span>azienda<span class=\"_ _0\"></span>le <span class=\"_ _d\"></span>vengo<span class=\"_ _0\"></span>no <span class=\"_ _d\"></span>sta<span class=\"_ _0\"></span>nziati <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>olo quando <span class=\"_ _0\"></span>esiste <span class=\"_ _0\"></span>un pia<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>formale <span class=\"_ _0\"></span>dettagliat<span class=\"_ _0\"></span>o approv<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>Direzione <span class=\"_ _0\"></span>e t<span class=\"_ _0\"></span>ali oper<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>sono portate a conos<span class=\"_ _0\"></span>cenza delle <span class=\"_ _0\"></span>principali parti co<span class=\"_ _0\"></span>involte.Accantonament<span class=\"_ _0\"></span>i Gli <span class=\"_ _e\"> </span>accantonam<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>alle <span class=\"_ _f\"> </span>poste <span class=\"_ _e\"> </span>dell\u2019attivo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>circolante <span class=\"_ _e\"> </span>(c<span class=\"_ _0\"></span>rediti, <span class=\"_ _e\"> </span>magazz<span class=\"_ _0\"></span>ino) <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>stati <span class=\"_ _f\"> </span>iscritti, quanto <span class=\"_ _a\"> </span>ai <span class=\"_ _a\"> </span>crediti, <span class=\"_ _a\"> </span>sulla <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>una <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alutazione <span class=\"_ _a\"> </span>dell\u2019esi<span class=\"_ _0\"></span>gibilit\u00e0 <span class=\"_ _a\"> </span>dei <span class=\"_ _a\"> </span>crediti <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>essere <span class=\"_ _a\"> </span>e sull\u2019esperienza <span class=\"_ _a\"> </span>storica <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>perdite <span class=\"_ _a\"> </span>su <span class=\"_ _a\"> </span>crediti; <span class=\"_\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>magazzino, <span class=\"_ _a\"> </span>sulle <span class=\"_ _a\"> </span>prospettive <span class=\"_ _a\"> </span>di utilizzo <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _e\"> </span>giacenze <span class=\"_ _f\"> </span>nel <span class=\"_ _e\"> </span>ciclo <span class=\"_ _f\"> </span>produttivo <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>sul<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>po<span class=\"_ _0\"></span>ssibilit\u00e0 <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _f\"> </span>realizzo <span class=\"_ _f\"> </span>delle giacenze di prodott<span class=\"_ _0\"></span>i finiti.  Gli <span class=\"_ _5\"></span>accantona<span class=\"_ _0\"></span>menti <span class=\"_ _5\"> </span>rel<span class=\"_ _0\"></span>ativi <span class=\"_ _5\"></span>agli <span class=\"_ _5\"></span>oneri<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>ristrutturaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>conse<span class=\"_ _0\"></span>guenti <span class=\"_ _5\"> </span>alle <span class=\"_ _e\"> </span>dismissioni <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o stati <span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ritti <span class=\"_ _0\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>isioni <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tempi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>dell\u2019entit<span class=\"_ _0\"></span>\u00e0 c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>ifesteranno <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>varie<span class=\"_ _0\"></span> forme <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>incentivazione<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>co<span class=\"_ _0\"></span>ncordate <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>organizz<span class=\"_ _0\"></span>azioni <span class=\"_ _e\"> </span>sindacali,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>gestione<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>gli esuberi. Gli <span class=\"_ _3\"></span>accant<span class=\"_ _0\"></span>onamenti <span class=\"_ _d\"></span>relativi <span class=\"_ _d\"></span>all\u2019esist<span class=\"_ _0\"></span>enza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>enziosi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>terze <span class=\"_ _d\"></span>parti <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tati <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itti <span class=\"_ _3\"></span>nel caso <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>si <span class=\"_ _f\"> </span>pensi <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>far <span class=\"_ _e\"> </span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _e\"> </span>ad<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>un\u2019obbl<span class=\"_ _0\"></span>igazione <span class=\"_ _f\"> </span>(legale <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>implicita) <span class=\"_ _f\"> </span>derivante <span class=\"_ _e\"> </span>da <span class=\"_ _f\"> </span>un evento <span class=\"_ _f\"> </span>passato <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>quale <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>probabile <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>utilizzo <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>isorse <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _e\"> </span>am<span class=\"_ _0\"></span>montar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>iene stimato in manier<span class=\"_ _0\"></span>a attendibi<span class=\"_ _0\"></span>le.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__41": {
   "value": "Benefici a<span class=\"_ _0\"></span>i dipendenti  L\u2019obbligazione <span class=\"_ _3\"></span>netta <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>lungo <span class=\"_ _3\"></span>termine, <span class=\"_ _3\"></span>diversi da <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lli <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _5\"></span>da <span class=\"_ _5\"></span>pian<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>pens<span class=\"_ _0\"></span>ionistici, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>onde <span class=\"_ _5\"></span>all\u2019impor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>ben<span class=\"_ _0\"></span>eficio <span class=\"_ _5\"></span>futuro <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>i dipendenti <span class=\"_ _a\"> </span>hanno <span class=\"_ _a\"> </span>maturato <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>le <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>estazion<span class=\"_ _0\"></span>i <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>lav<span class=\"_ _0\"></span>oro <span class=\"_ _a\"> </span>nell\u2019esercizio <span class=\"_ _a\"> </span>corrente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>negli esercizi preceden<span class=\"_ _0\"></span>ti. Tale <span class=\"_ _0\"></span>beneficio vi<span class=\"_ _0\"></span>ene attua<span class=\"_ _0\"></span>lizzato, mentre<span class=\"_ _0\"></span> il fair va<span class=\"_ _0\"></span>lue di ev<span class=\"_ _0\"></span>entuali attivi<span class=\"_ _0\"></span>t\u00e0 viene <span class=\"_ _a\"> </span>detratto <span class=\"_\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _a\"> </span>passivit\u00e0. <span class=\"_\"> </span>Il <span class=\"_ _a\"> </span>tasso <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>attu<span class=\"_ _0\"></span>alizzazione <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>rendimento, <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_ _a\"> </span>di riferimento <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>obbligazi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>primarie <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>cui <span class=\"_ _3\"></span>date <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>scade<span class=\"_ _0\"></span>nza <span class=\"_ _3\"></span>approssimano<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> termini <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _d\"></span>obbligaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>Grupp<span class=\"_ _0\"></span>o. <span class=\"_ _d\"></span>L\u2019obbligaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>viene <span class=\"_ _d\"></span>calc<span class=\"_ _0\"></span>olata <span class=\"_ _d\"></span>util<span class=\"_ _0\"></span>izzando <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>metodo della <span class=\"_ _f\"> </span>proiezione <span class=\"_ _f\"> </span>unitaria <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>credito. <span class=\"_ _f\"> </span>Gli <span class=\"_ _f\"> </span>eventu<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>utili <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span>dite <span class=\"_ _f\"> </span>attuariali <span class=\"_ _f\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>rilevati <span class=\"_ _f\"> </span>a conto economico <span class=\"_ _0\"></span>nell\u2019eserc<span class=\"_ _0\"></span>izio in cui sono rea<span class=\"_ _0\"></span>lizzati o sos<span class=\"_ _0\"></span>tenuti. La valutazione<span class=\"_ _0\"></span> della passivi<span class=\"_ _0\"></span>t\u00e0 \u00e8 effettuat<span class=\"_ _0\"></span>a da attuari <span class=\"_ _0\"></span>indipende<span class=\"_ _0\"></span>nti. Piani a contribuz<span class=\"_ _0\"></span>ione definit<span class=\"_ _0\"></span>a I <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontributi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>ersare <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>piani <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontribuzione <span class=\"_ _5\"></span>definita <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>rilevati <span class=\"_ _d\"></span>come <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>Cont<span class=\"_ _0\"></span>o Economico de<span class=\"_ _0\"></span>ll\u2019esercizio in<span class=\"_ _0\"></span> cui sono s<span class=\"_ _0\"></span>ostenuti. Piani a benefic<span class=\"_ _0\"></span>i definiti Il <span class=\"_ _10\"> </span>Trattamento <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>Fine <span class=\"_ _11\"> </span>Rapporto <span class=\"_ _10\"> </span>(TF<span class=\"_ _0\"></span>R) <span class=\"_ _10\"> </span>dovuto <span class=\"_ _11\"> </span>ai <span class=\"_ _10\"> </span>dipendent<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>delle <span class=\"_ _10\"> </span>soci<span class=\"_ _0\"></span>et\u00e0 <span class=\"_ _10\"> </span>ital<span class=\"_ _0\"></span>iane appartenenti <span class=\"_\"> </span>al <span class=\"_\"> </span>Gruppo<span class=\"_ _0\"></span> <span class=\"_\"> </span>ai <span class=\"_\"> </span>sensi <span class=\"_\"> </span>dell\u2019articolo <span class=\"_\"> </span>2120 <span class=\"_\"> </span>del <span class=\"_\"> </span>Codice<span class=\"_ _0\"></span> <span class=\"_\"> </span>civile, <span class=\"_\"> </span>rientra <span class=\"_\"> </span>tra <span class=\"_\"> </span>i <span class=\"_\"> </span>piani pensionistici <span class=\"_\"> </span>a <span class=\"_\"> </span>benefici <span class=\"_\"> </span>definiti,<span class=\"_ _0\"></span> <span class=\"_\"> </span>piani <span class=\"_\"> </span>basati <span class=\"_\"> </span>sulla <span class=\"_\"> </span>vita <span class=\"_\"> </span>lavorativa <span class=\"_\"> </span>dei <span class=\"_\"> </span>dipenden<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>e <span class=\"_\"> </span>sulla remunerazione p<span class=\"_ _0\"></span>ercepita dal dipend<span class=\"_ _0\"></span>ente ne<span class=\"_ _0\"></span>l corso di un pred<span class=\"_ _0\"></span>eterminato <span class=\"_ _0\"></span>periodo di s<span class=\"_ _0\"></span>ervizio. In <span class=\"_ _3\"></span>particolare, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>trattament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>iscr<span class=\"_ _0\"></span>itta <span class=\"_ _3\"></span>in bilancio <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>valore<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>stessa, <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>quanto <span class=\"_ _5\"></span>qualificabil<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>quale <span class=\"_ _d\"></span>be<span class=\"_ _0\"></span>neficio <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> dipendenti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ovuto <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _e\"> </span>pia<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>finite. <span class=\"_ _e\"> </span>L<span class=\"_ _0\"></span>\u2019iscrizione <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bil<span class=\"_ _0\"></span>ancio <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> piani <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _f\"> </span>definite <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ichiede <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>stima <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>tec<span class=\"_ _0\"></span>niche <span class=\"_ _e\"> </span>att<span class=\"_ _0\"></span>uariali <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019ammon<span class=\"_ _0\"></span>tare <span class=\"_ _e\"> </span>delle<span class=\"_ _0\"></span> prestazioni <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>aturate <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>pendenti <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>cambio <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 <span class=\"_ _d\"></span>lav<span class=\"_ _0\"></span>orativa <span class=\"_ _d\"></span>prest<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>nell<span class=\"_ _0\"></span>\u2019esercizio corrente <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quelli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019<span class=\"_ _0\"></span>attualizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>prestaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>determinare <span class=\"_ _d\"></span>il valore attuale de<span class=\"_ _0\"></span>gli impegn<span class=\"_ _0\"></span>i del Gruppo<span class=\"_ _0\"></span>. La <span class=\"_ _f\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>27 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _1\"> </span>2006, <span class=\"_ _f\"> </span>n. <span class=\"_ _1\"> </span>296 <span class=\"_ _1\"> </span>(Legge <span class=\"_ _f\"> </span>Fi<span class=\"_ _0\"></span>nanziaria <span class=\"_ _f\"> </span>2<span class=\"_ _0\"></span>007) <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>introdotto <span class=\"_ _1\"> </span>nuove regole per il TF<span class=\"_ _0\"></span>R che matur<span class=\"_ _0\"></span>a a partire da<span class=\"_ _0\"></span>l 1\u00b0 gennaio 2<span class=\"_ _0\"></span>007. Per effetto de<span class=\"_ _0\"></span>lla riforma de<span class=\"_ _0\"></span>lla previdenza com<span class=\"_ _0\"></span>plement<span class=\"_ _0\"></span>are: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le quote d<span class=\"_ _0\"></span>i TFR maturat<span class=\"_ _0\"></span>e fino al 3<span class=\"_ _0\"></span>1 dicembre 20<span class=\"_ _0\"></span>06 rimango<span class=\"_ _0\"></span>no in azienda; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le <span class=\"_ _a\"> </span>quote <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>TFR <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>matura <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>1\u00b0 <span class=\"_ _a\"> </span>gennaio <span class=\"_ _a\"> </span>2007 <span class=\"_ _a\"> </span>devono, <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>scelta <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el </span>dipendente e sec<span class=\"_ _0\"></span>ondo le m<span class=\"_ _0\"></span>odalit\u00e0 di ad<span class=\"_ _0\"></span>esione esplicita<span class=\"_ _0\"></span> o adesione t<span class=\"_ _0\"></span>acita: -<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e destinate a f<span class=\"_ _0\"></span>orme di previde<span class=\"_ _0\"></span>nza complementar<span class=\"_ _0\"></span>e; </span>-<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>mante<span class=\"_ _0\"></span>nute <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>azienda, <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>qu<span class=\"_ _0\"></span>ale <span class=\"_ _1\"> </span>provveder\u00e0 <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tras<span class=\"_ _0\"></span>ferire <span class=\"_ _f\"> </span>le <span class=\"_ _1\"> </span>quote <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>TFR<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al </span>Fondo di Tes<span class=\"_ _0\"></span>oreria istitu<span class=\"_ _0\"></span>ito presso l\u2019INP<span class=\"_ _0\"></span>S. In <span class=\"_\"> </span>entrambi <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>cas<span class=\"_ _0\"></span>i <span class=\"_\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>quote <span class=\"_\"> </span>di <span class=\"_\"> </span>TFR <span class=\"_ _1\"> </span>matur<span class=\"_ _0\"></span>ate <span class=\"_\"> </span>dopo <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>1\u00b0 <span class=\"_\"> </span>genna<span class=\"_ _0\"></span>io <span class=\"_ _1\"> </span>20<span class=\"_ _0\"></span>07 <span class=\"_\"> </span>(o <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>asi <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>previdenza <span class=\"_ _3\"></span>complementare) <span class=\"_ _3\"></span>\u00e8 considerato u<span class=\"_ _0\"></span>n piano a con<span class=\"_ _0\"></span>tribuzione defini<span class=\"_ _0\"></span>ta. La <span class=\"_\"> </span>Legge <span class=\"_ _a\"> </span>Finanziaria <span class=\"_\"> </span>200<span class=\"_ _0\"></span>7 <span class=\"_\"> </span>non <span class=\"_ _a\"> </span>ha <span class=\"_\"> </span>comportato <span class=\"_ _a\"> </span>alcuna <span class=\"_\"> </span>m<span class=\"_ _0\"></span>odifica <span class=\"_\"> </span>re<span class=\"_ _0\"></span>lativament<span class=\"_ _0\"></span>e <span class=\"_\"> </span>al <span class=\"_\"> </span>TFR<span class=\"_ _0\"></span> maturato al <span class=\"_ _0\"></span>31 dice<span class=\"_ _0\"></span>mbre 2006 <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>pertanto ri<span class=\"_ _0\"></span>entra tra <span class=\"_ _0\"></span>i piani pens<span class=\"_ _0\"></span>ionistici a <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>efici definit<span class=\"_ _0\"></span>i. Peraltro, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>se<span class=\"_ _0\"></span>guito <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>n<span class=\"_ _0\"></span>ovit\u00e0 <span class=\"_ _5\"></span>normative<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>introdotte<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _5\"></span>Finanziaria <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>07, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>TFR<span class=\"_ _0\"></span> \u201cmaturato\u201d <span class=\"_\"> </span>ante <span class=\"_\"> </span>1\u00b0 <span class=\"_\"> </span>gennaio <span class=\"_\"> </span>2007 <span class=\"_\"> </span>(o <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>di <span class=\"_\"> </span>effettuazione <span class=\"_\"> </span>della <span class=\"_\"> </span>scelta <span class=\"_\"> </span>nei <span class=\"_\"> </span>casi <span class=\"_\"> </span>di destinazione <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>forme <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>previdenza <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>plementare)<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>subisce <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levante <span class=\"_ _f\"> </span>variazione <span class=\"_ _f\"> </span>di calcolo <span class=\"_ _d\"></span>per <span class=\"_ _e\"> </span>effetto <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>veni<span class=\"_ _0\"></span>r <span class=\"_ _d\"></span>meno<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>delle <span class=\"_ _5\"> </span>ipotes<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>attuar<span class=\"_ _0\"></span>iali <span class=\"_ _5\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>egate agli incrementi sa<span class=\"_ _0\"></span>lariali. In <span class=\"_ _1\"> </span>part<span class=\"_ _0\"></span>icolare, <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>connessa <span class=\"_ _1\"> </span>al <span class=\"_\"> </span>\u201cTFR <span class=\"_\"> </span>maturato\u201d <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>valuta<span class=\"_ _0\"></span>ta <span class=\"_ _1\"> </span>uti<span class=\"_ _0\"></span>lizzando <span class=\"_\"> </span>tecniche attuariali <span class=\"_ _0\"></span>al 1 <span class=\"_ _0\"></span>gennai<span class=\"_ _0\"></span>o 2007<span class=\"_ _0\"></span> (o <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>di e<span class=\"_ _0\"></span>ffettuazi<span class=\"_ _0\"></span>one de<span class=\"_ _0\"></span>lla scelta <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>casi d<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>stinazi<span class=\"_ _0\"></span>one a <span class=\"_ _0\"></span>forme <span class=\"_ _0\"></span>di pr<span class=\"_ _0\"></span>evidenza <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plementare) <span class=\"_ _0\"></span>senza <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l pro-r<span class=\"_ _0\"></span>ata (<span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>serviz<span class=\"_ _0\"></span>io gi\u00e0<span class=\"_ _0\"></span> prestati/anni <span class=\"_ _3\"></span>complessivi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>servizio), <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quanto <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>benef<span class=\"_ _0\"></span>ici <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>pendenti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>utto <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>31 dicembre <span class=\"_ _3\"></span>2006 <span class=\"_ _3\"></span>(o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>casi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> previdenza c<span class=\"_ _0\"></span>omplement<span class=\"_ _0\"></span>are) <span class=\"_ _0\"></span>possono<span class=\"_ _0\"></span> essere <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>iderati <span class=\"_ _0\"></span>quasi <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _0\"></span>(con <span class=\"_ _0\"></span>la sola <span class=\"_ _5\"></span>eccezi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ivalu<span class=\"_ _0\"></span>tazione). <span class=\"_ _5\"> </span>Ne <span class=\"_ _e\"> </span>consegue <span class=\"_ _e\"> </span>che, <span class=\"_ _5\"> </span>ai <span class=\"_ _e\"> </span>fini <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>q<span class=\"_ _0\"></span>uesto <span class=\"_ _5\"></span>calc<span class=\"_ _0\"></span>olo, <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>current service <span class=\"_ _5\"></span>costs\u201d <span class=\"_ _5\"></span>relativi <span class=\"_ _d\"></span>alle <span class=\"_ _5\"></span>prestazioni <span class=\"_ _5\"></span>future <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>avoro <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>considerarsi<span class=\"_ _0\"></span> nulli <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _b\"> </span>ra<span class=\"_ _0\"></span>ppres<span class=\"_ _0\"></span>entati <span class=\"_ _b\"> </span>dai<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>versamenti<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>contr<span class=\"_ _0\"></span>ibutivi <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fondi <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>previde<span class=\"_ _0\"></span>nza integrativa o <span class=\"_ _0\"></span>al Fondo d<span class=\"_ _0\"></span>i Tesoreria del<span class=\"_ _0\"></span>l\u2019INPS. Benefici a brev<span class=\"_ _0\"></span>e termine I <span class=\"_ _f\"> </span>benefici <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>breve <span class=\"_ _f\"> </span>termine<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levati <span class=\"_ _f\"> </span>su <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>attualizzat<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>come costo nel momento <span class=\"_ _0\"></span>in cui vi<span class=\"_ _0\"></span>ene fornita la pres<span class=\"_ _0\"></span>tazione c<span class=\"_ _0\"></span>he d\u00e0 luog<span class=\"_ _0\"></span>o a tali benefic<span class=\"_ _0\"></span>i. Il Gr<span class=\"_ _0\"></span>uppo ri<span class=\"_ _0\"></span>leva u<span class=\"_ _0\"></span>na pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>prevede <span class=\"_ _0\"></span>dovr\u00e0 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere pa<span class=\"_ _0\"></span>gato <span class=\"_ _0\"></span>sotto <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a di compartec<span class=\"_ _0\"></span>ipazion<span class=\"_ _0\"></span>e agli u<span class=\"_ _0\"></span>tili e <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span>i di i<span class=\"_ _0\"></span>ncentivazione <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>un\u2019obbl<span class=\"_ _0\"></span>igazione <span class=\"_ _0\"></span>effettiva, legale <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>implicita, <span class=\"_ _d\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>effett<span class=\"_ _0\"></span>uare <span class=\"_ _3\"></span>t<span class=\"_ _0\"></span>ali <span class=\"_ _d\"></span>pagamenti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>conseguenz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>pas<span class=\"_ _0\"></span>sati <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>pu\u00f2 essere effettuat<span class=\"_ _0\"></span>a una st<span class=\"_ _0\"></span>ima attendibile dell<span class=\"_ _0\"></span>\u2019obbligazion<span class=\"_ _0\"></span>e.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__40": {
   "value": "Benefici a<span class=\"_ _0\"></span>i dipendenti  L\u2019obbligazione <span class=\"_ _3\"></span>netta <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>lungo <span class=\"_ _3\"></span>termine, <span class=\"_ _3\"></span>diversi da <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lli <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _5\"></span>da <span class=\"_ _5\"></span>pian<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>pens<span class=\"_ _0\"></span>ionistici, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>orrisp<span class=\"_ _0\"></span>onde <span class=\"_ _5\"></span>all\u2019impor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>ben<span class=\"_ _0\"></span>eficio <span class=\"_ _5\"></span>futuro <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>i dipendenti <span class=\"_ _a\"> </span>hanno <span class=\"_ _a\"> </span>maturato <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>le <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>estazion<span class=\"_ _0\"></span>i <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>lav<span class=\"_ _0\"></span>oro <span class=\"_ _a\"> </span>nell\u2019esercizio <span class=\"_ _a\"> </span>corrente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>negli esercizi preceden<span class=\"_ _0\"></span>ti. Tale <span class=\"_ _0\"></span>beneficio vi<span class=\"_ _0\"></span>ene attua<span class=\"_ _0\"></span>lizzato, mentre<span class=\"_ _0\"></span> il fair va<span class=\"_ _0\"></span>lue di ev<span class=\"_ _0\"></span>entuali attivi<span class=\"_ _0\"></span>t\u00e0 viene <span class=\"_ _a\"> </span>detratto <span class=\"_\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _a\"> </span>passivit\u00e0. <span class=\"_\"> </span>Il <span class=\"_ _a\"> </span>tasso <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>attu<span class=\"_ _0\"></span>alizzazione <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>rendimento, <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_ _a\"> </span>di riferimento <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>obbligazi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>primarie <span class=\"_ _3\"></span>le <span class=\"_ _d\"></span>cui <span class=\"_ _3\"></span>date <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>scade<span class=\"_ _0\"></span>nza <span class=\"_ _3\"></span>approssimano<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> termini <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _d\"></span>obbligaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>Grupp<span class=\"_ _0\"></span>o. <span class=\"_ _d\"></span>L\u2019obbligaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>viene <span class=\"_ _d\"></span>calc<span class=\"_ _0\"></span>olata <span class=\"_ _d\"></span>util<span class=\"_ _0\"></span>izzando <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>metodo della <span class=\"_ _f\"> </span>proiezione <span class=\"_ _f\"> </span>unitaria <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>credito. <span class=\"_ _f\"> </span>Gli <span class=\"_ _f\"> </span>eventu<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>utili <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span>dite <span class=\"_ _f\"> </span>attuariali <span class=\"_ _f\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>rilevati <span class=\"_ _f\"> </span>a conto economico <span class=\"_ _0\"></span>nell\u2019eserc<span class=\"_ _0\"></span>izio in cui sono rea<span class=\"_ _0\"></span>lizzati o sos<span class=\"_ _0\"></span>tenuti. La valutazione<span class=\"_ _0\"></span> della passivi<span class=\"_ _0\"></span>t\u00e0 \u00e8 effettuat<span class=\"_ _0\"></span>a da attuari <span class=\"_ _0\"></span>indipende<span class=\"_ _0\"></span>nti. Piani a contribuz<span class=\"_ _0\"></span>ione definit<span class=\"_ _0\"></span>a I <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontributi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>ersare <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>piani <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontribuzione <span class=\"_ _5\"></span>definita <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>rilevati <span class=\"_ _d\"></span>come <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>Cont<span class=\"_ _0\"></span>o Economico de<span class=\"_ _0\"></span>ll\u2019esercizio in<span class=\"_ _0\"></span> cui sono s<span class=\"_ _0\"></span>ostenuti. Piani a benefic<span class=\"_ _0\"></span>i definiti Il <span class=\"_ _10\"> </span>Trattamento <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>Fine <span class=\"_ _11\"> </span>Rapporto <span class=\"_ _10\"> </span>(TF<span class=\"_ _0\"></span>R) <span class=\"_ _10\"> </span>dovuto <span class=\"_ _11\"> </span>ai <span class=\"_ _10\"> </span>dipendent<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>delle <span class=\"_ _10\"> </span>soci<span class=\"_ _0\"></span>et\u00e0 <span class=\"_ _10\"> </span>ital<span class=\"_ _0\"></span>iane appartenenti <span class=\"_\"> </span>al <span class=\"_\"> </span>Gruppo<span class=\"_ _0\"></span> <span class=\"_\"> </span>ai <span class=\"_\"> </span>sensi <span class=\"_\"> </span>dell\u2019articolo <span class=\"_\"> </span>2120 <span class=\"_\"> </span>del <span class=\"_\"> </span>Codice<span class=\"_ _0\"></span> <span class=\"_\"> </span>civile, <span class=\"_\"> </span>rientra <span class=\"_\"> </span>tra <span class=\"_\"> </span>i <span class=\"_\"> </span>piani pensionistici <span class=\"_\"> </span>a <span class=\"_\"> </span>benefici <span class=\"_\"> </span>definiti,<span class=\"_ _0\"></span> <span class=\"_\"> </span>piani <span class=\"_\"> </span>basati <span class=\"_\"> </span>sulla <span class=\"_\"> </span>vita <span class=\"_\"> </span>lavorativa <span class=\"_\"> </span>dei <span class=\"_\"> </span>dipenden<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>e <span class=\"_\"> </span>sulla remunerazione p<span class=\"_ _0\"></span>ercepita dal dipend<span class=\"_ _0\"></span>ente ne<span class=\"_ _0\"></span>l corso di un pred<span class=\"_ _0\"></span>eterminato <span class=\"_ _0\"></span>periodo di s<span class=\"_ _0\"></span>ervizio. In <span class=\"_ _3\"></span>particolare, <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>trattament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>iscr<span class=\"_ _0\"></span>itta <span class=\"_ _3\"></span>in bilancio <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>valore<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>stessa, <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>quanto <span class=\"_ _5\"></span>qualificabil<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>quale <span class=\"_ _d\"></span>be<span class=\"_ _0\"></span>neficio <span class=\"_ _d\"></span>ai<span class=\"_ _0\"></span> dipendenti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ovuto <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _e\"> </span>pia<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>finite. <span class=\"_ _e\"> </span>L<span class=\"_ _0\"></span>\u2019iscrizione <span class=\"_ _f\"> </span>in <span class=\"_ _e\"> </span>bil<span class=\"_ _0\"></span>ancio <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> piani <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>prestazioni <span class=\"_ _f\"> </span>definite <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ichiede <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>stima <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>tec<span class=\"_ _0\"></span>niche <span class=\"_ _e\"> </span>att<span class=\"_ _0\"></span>uariali <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019ammon<span class=\"_ _0\"></span>tare <span class=\"_ _e\"> </span>delle<span class=\"_ _0\"></span> prestazioni <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>aturate <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>pendenti <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>cambio <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 <span class=\"_ _d\"></span>lav<span class=\"_ _0\"></span>orativa <span class=\"_ _d\"></span>prest<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>nell<span class=\"_ _0\"></span>\u2019esercizio corrente <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quelli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>l\u2019<span class=\"_ _0\"></span>attualizzaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>prestaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>determinare <span class=\"_ _d\"></span>il valore attuale de<span class=\"_ _0\"></span>gli impegn<span class=\"_ _0\"></span>i del Gruppo<span class=\"_ _0\"></span>. La <span class=\"_ _f\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>27 <span class=\"_ _1\"> </span>dicembre <span class=\"_ _1\"> </span>2006, <span class=\"_ _f\"> </span>n. <span class=\"_ _1\"> </span>296 <span class=\"_ _1\"> </span>(Legge <span class=\"_ _f\"> </span>Fi<span class=\"_ _0\"></span>nanziaria <span class=\"_ _f\"> </span>2<span class=\"_ _0\"></span>007) <span class=\"_ _f\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>introdotto <span class=\"_ _1\"> </span>nuove regole per il TF<span class=\"_ _0\"></span>R che matur<span class=\"_ _0\"></span>a a partire da<span class=\"_ _0\"></span>l 1\u00b0 gennaio 2<span class=\"_ _0\"></span>007. Per effetto de<span class=\"_ _0\"></span>lla riforma de<span class=\"_ _0\"></span>lla previdenza com<span class=\"_ _0\"></span>plement<span class=\"_ _0\"></span>are: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le quote d<span class=\"_ _0\"></span>i TFR maturat<span class=\"_ _0\"></span>e fino al 3<span class=\"_ _0\"></span>1 dicembre 20<span class=\"_ _0\"></span>06 rimango<span class=\"_ _0\"></span>no in azienda; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>le <span class=\"_ _a\"> </span>quote <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>TFR <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>matura <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>part<span class=\"_ _0\"></span>ire <span class=\"_ _a\"> </span>dal <span class=\"_ _a\"> </span>1\u00b0 <span class=\"_ _a\"> </span>gennaio <span class=\"_ _a\"> </span>2007 <span class=\"_ _a\"> </span>devono, <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>scelta <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el </span>dipendente e sec<span class=\"_ _0\"></span>ondo le m<span class=\"_ _0\"></span>odalit\u00e0 di ad<span class=\"_ _0\"></span>esione esplicita<span class=\"_ _0\"></span> o adesione t<span class=\"_ _0\"></span>acita: -<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e destinate a f<span class=\"_ _0\"></span>orme di previde<span class=\"_ _0\"></span>nza complementar<span class=\"_ _0\"></span>e; </span>-<span class=\"ff3\"> <span class=\"_\"> </span>esser<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>mante<span class=\"_ _0\"></span>nute <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>azienda, <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>qu<span class=\"_ _0\"></span>ale <span class=\"_ _1\"> </span>provveder\u00e0 <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>tras<span class=\"_ _0\"></span>ferire <span class=\"_ _f\"> </span>le <span class=\"_ _1\"> </span>quote <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>TFR<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al </span>Fondo di Tes<span class=\"_ _0\"></span>oreria istitu<span class=\"_ _0\"></span>ito presso l\u2019INP<span class=\"_ _0\"></span>S. In <span class=\"_\"> </span>entrambi <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>cas<span class=\"_ _0\"></span>i <span class=\"_\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>quote <span class=\"_\"> </span>di <span class=\"_\"> </span>TFR <span class=\"_ _1\"> </span>matur<span class=\"_ _0\"></span>ate <span class=\"_\"> </span>dopo <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>1\u00b0 <span class=\"_\"> </span>genna<span class=\"_ _0\"></span>io <span class=\"_ _1\"> </span>20<span class=\"_ _0\"></span>07 <span class=\"_\"> </span>(o <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>data <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>asi <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>previdenza <span class=\"_ _3\"></span>complementare) <span class=\"_ _3\"></span>\u00e8 considerato u<span class=\"_ _0\"></span>n piano a con<span class=\"_ _0\"></span>tribuzione defini<span class=\"_ _0\"></span>ta. La <span class=\"_\"> </span>Legge <span class=\"_ _a\"> </span>Finanziaria <span class=\"_\"> </span>200<span class=\"_ _0\"></span>7 <span class=\"_\"> </span>non <span class=\"_ _a\"> </span>ha <span class=\"_\"> </span>comportato <span class=\"_ _a\"> </span>alcuna <span class=\"_\"> </span>m<span class=\"_ _0\"></span>odifica <span class=\"_\"> </span>re<span class=\"_ _0\"></span>lativament<span class=\"_ _0\"></span>e <span class=\"_\"> </span>al <span class=\"_\"> </span>TFR<span class=\"_ _0\"></span> maturato al <span class=\"_ _0\"></span>31 dice<span class=\"_ _0\"></span>mbre 2006 <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>pertanto ri<span class=\"_ _0\"></span>entra tra <span class=\"_ _0\"></span>i piani pens<span class=\"_ _0\"></span>ionistici a <span class=\"_ _0\"></span>ben<span class=\"_ _0\"></span>efici definit<span class=\"_ _0\"></span>i. Peraltro, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>se<span class=\"_ _0\"></span>guito <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>n<span class=\"_ _0\"></span>ovit\u00e0 <span class=\"_ _5\"></span>normative<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>introdotte<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"> </span>Le<span class=\"_ _0\"></span>gge <span class=\"_ _5\"></span>Finanziaria <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>07, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>TFR<span class=\"_ _0\"></span> \u201cmaturato\u201d <span class=\"_\"> </span>ante <span class=\"_\"> </span>1\u00b0 <span class=\"_\"> </span>gennaio <span class=\"_\"> </span>2007 <span class=\"_\"> </span>(o <span class=\"_\"> </span>alla <span class=\"_\"> </span>data <span class=\"_\"> </span>di <span class=\"_\"> </span>effettuazione <span class=\"_\"> </span>della <span class=\"_\"> </span>scelta <span class=\"_\"> </span>nei <span class=\"_\"> </span>casi <span class=\"_\"> </span>di destinazione <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>forme <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>previdenza <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>plementare)<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>subisce <span class=\"_ _e\"> </span>una <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levante <span class=\"_ _f\"> </span>variazione <span class=\"_ _f\"> </span>di calcolo <span class=\"_ _d\"></span>per <span class=\"_ _e\"> </span>effetto <span class=\"_ _d\"></span>del <span class=\"_ _5\"></span>veni<span class=\"_ _0\"></span>r <span class=\"_ _d\"></span>meno<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>delle <span class=\"_ _5\"> </span>ipotes<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>attuar<span class=\"_ _0\"></span>iali <span class=\"_ _5\"></span>precedentemente<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>egate agli incrementi sa<span class=\"_ _0\"></span>lariali. In <span class=\"_ _1\"> </span>part<span class=\"_ _0\"></span>icolare, <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>connessa <span class=\"_ _1\"> </span>al <span class=\"_\"> </span>\u201cTFR <span class=\"_\"> </span>maturato\u201d <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>valuta<span class=\"_ _0\"></span>ta <span class=\"_ _1\"> </span>uti<span class=\"_ _0\"></span>lizzando <span class=\"_\"> </span>tecniche attuariali <span class=\"_ _0\"></span>al 1 <span class=\"_ _0\"></span>gennai<span class=\"_ _0\"></span>o 2007<span class=\"_ _0\"></span> (o <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>di e<span class=\"_ _0\"></span>ffettuazi<span class=\"_ _0\"></span>one de<span class=\"_ _0\"></span>lla scelta <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>casi d<span class=\"_ _0\"></span>i de<span class=\"_ _0\"></span>stinazi<span class=\"_ _0\"></span>one a <span class=\"_ _0\"></span>forme <span class=\"_ _0\"></span>di pr<span class=\"_ _0\"></span>evidenza <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plementare) <span class=\"_ _0\"></span>senza <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>pplicazione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l pro-r<span class=\"_ _0\"></span>ata (<span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>serviz<span class=\"_ _0\"></span>io gi\u00e0<span class=\"_ _0\"></span> prestati/anni <span class=\"_ _3\"></span>complessivi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>servizio), <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quanto <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>benef<span class=\"_ _0\"></span>ici <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>pendenti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>utto <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>31 dicembre <span class=\"_ _3\"></span>2006 <span class=\"_ _3\"></span>(o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>effettuazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>scelta <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>casi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>tinazione <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>forme <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> previdenza c<span class=\"_ _0\"></span>omplement<span class=\"_ _0\"></span>are) <span class=\"_ _0\"></span>possono<span class=\"_ _0\"></span> essere <span class=\"_ _0\"></span>cons<span class=\"_ _0\"></span>iderati <span class=\"_ _0\"></span>quasi <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _0\"></span>(con <span class=\"_ _0\"></span>la sola <span class=\"_ _5\"></span>eccezi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ivalu<span class=\"_ _0\"></span>tazione). <span class=\"_ _5\"> </span>Ne <span class=\"_ _e\"> </span>consegue <span class=\"_ _e\"> </span>che, <span class=\"_ _5\"> </span>ai <span class=\"_ _e\"> </span>fini <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>q<span class=\"_ _0\"></span>uesto <span class=\"_ _5\"></span>calc<span class=\"_ _0\"></span>olo, <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>current service <span class=\"_ _5\"></span>costs\u201d <span class=\"_ _5\"></span>relativi <span class=\"_ _d\"></span>alle <span class=\"_ _5\"></span>prestazioni <span class=\"_ _5\"></span>future <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>avoro <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>considerarsi<span class=\"_ _0\"></span> nulli <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _b\"> </span>ra<span class=\"_ _0\"></span>ppres<span class=\"_ _0\"></span>entati <span class=\"_ _b\"> </span>dai<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>versamenti<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>contr<span class=\"_ _0\"></span>ibutivi <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fondi <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>previde<span class=\"_ _0\"></span>nza integrativa o <span class=\"_ _0\"></span>al Fondo d<span class=\"_ _0\"></span>i Tesoreria del<span class=\"_ _0\"></span>l\u2019INPS. Benefici a brev<span class=\"_ _0\"></span>e termine I <span class=\"_ _f\"> </span>benefici <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>breve <span class=\"_ _f\"> </span>termine<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>levati <span class=\"_ _f\"> </span>su <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>attualizzat<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>come costo nel momento <span class=\"_ _0\"></span>in cui vi<span class=\"_ _0\"></span>ene fornita la pres<span class=\"_ _0\"></span>tazione c<span class=\"_ _0\"></span>he d\u00e0 luog<span class=\"_ _0\"></span>o a tali benefic<span class=\"_ _0\"></span>i. Il Gr<span class=\"_ _0\"></span>uppo ri<span class=\"_ _0\"></span>leva u<span class=\"_ _0\"></span>na pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>prevede <span class=\"_ _0\"></span>dovr\u00e0 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere pa<span class=\"_ _0\"></span>gato <span class=\"_ _0\"></span>sotto <span class=\"_ _0\"></span>form<span class=\"_ _0\"></span>a di compartec<span class=\"_ _0\"></span>ipazion<span class=\"_ _0\"></span>e agli u<span class=\"_ _0\"></span>tili e <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span>i di i<span class=\"_ _0\"></span>ncentivazione <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>un\u2019obbl<span class=\"_ _0\"></span>igazione <span class=\"_ _0\"></span>effettiva, legale <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>implicita, <span class=\"_ _d\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>effett<span class=\"_ _0\"></span>uare <span class=\"_ _3\"></span>t<span class=\"_ _0\"></span>ali <span class=\"_ _d\"></span>pagamenti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>conseguenz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>pas<span class=\"_ _0\"></span>sati <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>pu\u00f2 essere effettuat<span class=\"_ _0\"></span>a una st<span class=\"_ _0\"></span>ima attendibile dell<span class=\"_ _0\"></span>\u2019obbligazion<span class=\"_ _0\"></span>e.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__42": {
   "value": "Imposte  La <span class=\"_ _5\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _e\"> </span>Vincenzo <span class=\"_ _e\"> </span>Zucchi <span class=\"_ _e\"> </span>S.p.A. <span class=\"_ _5\"> </span>ha<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>aderit<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>consolidato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>fisca<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>nazion<span class=\"_ _0\"></span>ale <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>il periodo <span class=\"_ _5\"></span>2<span class=\"_ _0\"></span>019-2021 <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>mondiale <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>il <span class=\"_ _5\"> </span>qua<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>verr\u00e0 <span class=\"_ _e\"> </span>rinnovata <span class=\"_ _e\"> </span>la <span class=\"_ _5\"></span>richiesta <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>ades<span class=\"_ _0\"></span>ione <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l periodo <span class=\"_ _8\"> </span>2022-2024. <span class=\"_ _8\"> </span>Con <span class=\"_ _8\"> </span>tale <span class=\"_ _8\"> </span>sistem<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>tass<span class=\"_ _0\"></span>azione, <span class=\"_ _8\"> </span>gli <span class=\"_ _8\"> </span>imponibil<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _14\"> </span>di <span class=\"_ _8\"> </span>tutte <span class=\"_ _8\"> </span>le controllate <span class=\"_ _123\"> </span>residenti <span class=\"_ _123\"> </span>ed <span class=\"_ _123\"> </span>estere <span class=\"_ _123\"> </span>sono <span class=\"_ _123\"> </span>inclusi, <span class=\"_ _123\"> </span>integralmente <span class=\"_ _123\"> </span>nel <span class=\"_ _123\"> </span>primo <span class=\"_ _123\"> </span>caso, proporzionalmente <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"></span>per<span class=\"_ _0\"></span>centuale <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>possesso <span class=\"_ _5\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>econdo, <span class=\"_ _5\"> </span>nella <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>imponi<span class=\"_ _0\"></span>bile <span class=\"_ _5\"></span>della Capogruppo, ven<span class=\"_ _0\"></span>endosi co<span class=\"_ _0\"></span>s\u00ec a determinare <span class=\"_ _0\"></span>un unico redd<span class=\"_ _0\"></span>ito (perdita) i<span class=\"_ _0\"></span>mponibile. Le imposte d<span class=\"_ _0\"></span>ell\u2019esercizio rappr<span class=\"_ _0\"></span>esentano la s<span class=\"_ _0\"></span>omma dell<span class=\"_ _0\"></span>e imposte correnti<span class=\"_ _0\"></span> e differ<span class=\"_ _0\"></span>ite. Le <span class=\"_ _3\"></span>imposte <span class=\"_ _d\"></span>corrent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>basate <span class=\"_ _d\"></span>sul <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _d\"></span>imponibile <span class=\"_ _d\"></span>dell\u2019es<span class=\"_ _0\"></span>ercizio. <span class=\"_ _3\"></span>Il <span class=\"_ _d\"></span>redd<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>impon<span class=\"_ _0\"></span>ibile differisce <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _d\"></span>riport<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>conto <span class=\"_ _d\"></span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _d\"></span>poich\u00e9 <span class=\"_ _5\"></span>esclude <span class=\"_ _d\"></span>compone<span class=\"_ _0\"></span>nti <span class=\"_ _d\"></span>posit<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>e negativi <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>aranno <span class=\"_ _d\"></span>tas<span class=\"_ _0\"></span>sabili <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>deducibili <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>altri <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>ercizi <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>esc<span class=\"_ _0\"></span>lude <span class=\"_ _d\"></span>inoltre <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>oci <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>non saranno <span class=\"_ _3\"></span>mai <span class=\"_ _3\"></span>tassabili <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>deduc<span class=\"_ _0\"></span>ibili. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>imposte <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcol<span class=\"_ _0\"></span>ata <span class=\"_ _3\"></span>utilizzando le aliquote vi<span class=\"_ _0\"></span>genti o di fatto <span class=\"_ _0\"></span>vigenti alla d<span class=\"_ _0\"></span>ata del bila<span class=\"_ _0\"></span>ncio. Le <span class=\"_ _1\"> </span>imposte <span class=\"_ _1\"> </span>differite <span class=\"_ _1\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>imposte <span class=\"_ _1\"> </span>che <span class=\"_ _1\"> </span>ci <span class=\"_ _1\"> </span>si <span class=\"_\"> </span>a<span class=\"_ _2\"></span>spetta <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>pagare<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>recuperar<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>sulle differenze <span class=\"_ _5\"></span>tem<span class=\"_ _0\"></span>poranee <span class=\"_ _5\"></span>fra <span class=\"_ _5\"> </span>il <span class=\"_ _5\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>contabi<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>atti<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>bilancio <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>il corrispondente <span class=\"_\"> </span>valor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>fisc<span class=\"_ _0\"></span>ale <span class=\"_\"> </span>utilizzato <span class=\"_\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_\"> </span>calcolo <span class=\"_ _a\"> </span>dell\u2019imponibile <span class=\"_\"> </span>fiscale, <span class=\"_\"> </span>con<span class=\"_ _0\"></span>tabilizzate secondo <span class=\"_ _0\"></span>liability <span class=\"_ _0\"></span>method. <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>fisca<span class=\"_ _0\"></span>li d<span class=\"_ _0\"></span>ifferite s<span class=\"_ _0\"></span>ono ge<span class=\"_ _0\"></span>neralmente<span class=\"_ _0\"></span> rilevate<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per t<span class=\"_ _0\"></span>utte le<span class=\"_ _0\"></span> differenze te<span class=\"_ _0\"></span>mporanee <span class=\"_ _0\"></span>imponibi<span class=\"_ _0\"></span>li, mentre <span class=\"_ _0\"></span>le at<span class=\"_ _0\"></span>tivit\u00e0 fisc<span class=\"_ _0\"></span>ali differit<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ono rilevate <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>misura in <span class=\"_ _10\"> </span>cui <span class=\"_ _10\"> </span>si <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>itenga <span class=\"_ _10\"> </span>proba<span class=\"_ _0\"></span>bile <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>vi <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>aranno <span class=\"_ _10\"> </span>r<span class=\"_ _0\"></span>isultati <span class=\"_ _10\"> </span>fiscali <span class=\"_ _10\"> </span>imp<span class=\"_ _0\"></span>onibili <span class=\"_ _10\"> </span>in <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>uturo <span class=\"_ _10\"> </span>che<span class=\"_ _0\"></span> consentiranno <span class=\"_ _5\"></span>l\u2019utilizzo <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>diff<span class=\"_ _0\"></span>erenze <span class=\"_ _d\"></span>temp<span class=\"_ _0\"></span>oranee <span class=\"_ _d\"></span>deduc<span class=\"_ _0\"></span>ibili. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>ali <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n sono <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>temp<span class=\"_ _0\"></span>oranee <span class=\"_ _3\"></span>derivano <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>avviamento <span class=\"_ _d\"></span>o <span class=\"_ _3\"></span>dall\u2019iscrizione <span class=\"_ _d\"></span>iniziale<span class=\"_ _0\"></span> (non <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>aggr<span class=\"_ _0\"></span>egazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>impr<span class=\"_ _0\"></span>ese) <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>che non hanno inf<span class=\"_ _0\"></span>luenza n\u00e9 sul <span class=\"_ _0\"></span>risultato contab<span class=\"_ _0\"></span>ile n\u00e9 sul risulta<span class=\"_ _0\"></span>to imponibi<span class=\"_ _0\"></span>le. Il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>carico<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>fiscali <span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>ferite <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>rivist<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>bilanci<span class=\"_ _0\"></span>o e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ridotto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>nella misura <span class=\"_ _a\"> </span>in <span class=\"_ _b\"> </span>cui <span class=\"_ _b\"> </span>non<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>sia <span class=\"_ _b\"> </span>pi<span class=\"_ _0\"></span>\u00f9 <span class=\"_ _a\"> </span>probab<span class=\"_ _0\"></span>ile <span class=\"_ _b\"> </span>l\u2019esistenza <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>sufficienti <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>edditi <span class=\"_ _b\"> </span>imponib<span class=\"_ _0\"></span>ili <span class=\"_ _a\"> </span>t<span class=\"_ _0\"></span>ali <span class=\"_ _a\"> </span>da consentire in tutt<span class=\"_ _0\"></span>o o in part<span class=\"_ _0\"></span>e il recupero d<span class=\"_ _0\"></span>i tali attivit\u00e0. Le <span class=\"_ _f\"> </span>im<span class=\"_ _0\"></span>poste <span class=\"_ _f\"> </span>differ<span class=\"_ _0\"></span>ite <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>calcolate <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>base <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span>l\u2019aliquo<span class=\"_ _0\"></span>ta <span class=\"_ _f\"> </span>fiscale <span class=\"_ _1\"> </span>che <span class=\"_ _f\"> </span>ci<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>si <span class=\"_ _1\"> </span>aspetta <span class=\"_ _f\"> </span>sar\u00e0<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>in vigore <span class=\"_ _1\"> </span>al <span class=\"_ _1\"> </span>momento <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>realizzo <span class=\"_ _1\"> </span>del<span class=\"_ _0\"></span>l\u2019attivit\u00e0 <span class=\"_ _1\"> </span>o <span class=\"_ _1\"> </span>dell\u2019es<span class=\"_ _0\"></span>tinzione <span class=\"_ _1\"> </span>delle <span class=\"_ _1\"> </span>passivit\u00e0<span class=\"_ _0\"></span>. <span class=\"_ _1\"> </span>Le <span class=\"_ _1\"> </span>imposte differite <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>imputate<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dir<span class=\"_ _0\"></span>ettamente<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al <span class=\"_ _d\"></span>cont<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>econo<span class=\"_ _0\"></span>mico, <span class=\"_ _d\"></span>ad <span class=\"_ _d\"></span>eccezion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>que<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _d\"></span>a voci <span class=\"_\"> </span>rilevate <span class=\"_\"> </span>direttamen<span class=\"_ _0\"></span>te <span class=\"_\"> </span>a <span class=\"_\"> </span>patrimonio <span class=\"_\"> </span>netto, <span class=\"_\"> </span>nel <span class=\"_\"> </span>qual <span class=\"_\"> </span>caso <span class=\"_\"> </span>anche<span class=\"_ _0\"></span> <span class=\"_\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>relative <span class=\"_\"> </span>impost<span class=\"_ _0\"></span>e differite sono anc<span class=\"_ _0\"></span>h\u2019esse im<span class=\"_ _0\"></span>putate al p<span class=\"_ _0\"></span>atrimonio netto.<span class=\"_ _0\"></span> Le <span class=\"_ _1\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>p<span class=\"_ _2\"></span>assivit\u00e0 <span class=\"_ _1\"> </span>f<span class=\"_ _0\"></span>iscali <span class=\"_ _1\"> </span>differite <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _1\"> </span>compe<span class=\"_ _0\"></span>nsate <span class=\"_ _1\"> </span>quando <span class=\"_ _1\"> </span>vi <span class=\"_\"> </span>\u00e8 <span class=\"_ _f\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>diritto<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>legale <span class=\"_ _1\"> </span>a compensare <span class=\"_ _3\"></span>le i<span class=\"_ _0\"></span>mposte <span class=\"_ _3\"></span>correnti <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>passive <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>quando <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riferiscono <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>imposte <span class=\"_ _3\"></span>dovute alla <span class=\"_ _d\"></span>medesima <span class=\"_ _5\"></span>autorit\u00e0 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>iscale <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>ntende <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>iquidare <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _5\"></span>passi<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _d\"></span>fiscali correnti su base n<span class=\"_ _0\"></span>etta.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__43": {
   "value": "Ricavi  Vendita di m<span class=\"_ _0\"></span>erci I ricavi<span class=\"_ _0\"></span> dalla <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita di <span class=\"_ _0\"></span>mer<span class=\"_ _0\"></span>ci sono<span class=\"_ _0\"></span> v<span class=\"_ _0\"></span>alutati <span class=\"_ _0\"></span>al f<span class=\"_ _0\"></span>air <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>del corr<span class=\"_ _0\"></span>ispettivo <span class=\"_ _0\"></span>ricev<span class=\"_ _0\"></span>uto o<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>spettante tenendo <span class=\"_ _d\"></span>conto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>ev<span class=\"_ _0\"></span>entuali <span class=\"_ _d\"></span>resi, <span class=\"_ _d\"></span>abb<span class=\"_ _0\"></span>uoni, <span class=\"_ _d\"></span>sconti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>merciali <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>prem<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>legati <span class=\"_ _d\"></span>alla<span class=\"_ _0\"></span> qualit\u00e0. I <span class=\"_ _0\"></span>ricavi sono <span class=\"_ _0\"></span>rilevat<span class=\"_ _0\"></span>i quando <span class=\"_ _0\"></span>il co<span class=\"_ _0\"></span>ntrollo dei be<span class=\"_ _0\"></span>ni \u00e8 <span class=\"_ _0\"></span>trasferito all\u2019ac<span class=\"_ _0\"></span>quirente, <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>la recuperabilit\u00e0 <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>orrispet<span class=\"_ _0\"></span>tivo <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>probabile, <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>rel<span class=\"_ _0\"></span>ativi <span class=\"_ _f\"> </span>costi <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>l\u2019eventuale <span class=\"_ _f\"> </span>restituzi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lle merci possono<span class=\"_ _0\"></span> essere sti<span class=\"_ _0\"></span>mati atte<span class=\"_ _0\"></span>ndibilmente, <span class=\"_ _0\"></span>e se la <span class=\"_ _0\"></span>direzione smett<span class=\"_ _0\"></span>e di es<span class=\"_ _0\"></span>ercitare il live<span class=\"_ _0\"></span>llo continuativo d<span class=\"_ _0\"></span>i attivit\u00e0 solit<span class=\"_ _0\"></span>amente assoc<span class=\"_ _0\"></span>iate con la<span class=\"_ _0\"></span> propriet\u00e0 de<span class=\"_ _0\"></span>lla merce v<span class=\"_ _0\"></span>enduta. Vendita di serv<span class=\"_ _0\"></span>izi I <span class=\"_ _0\"></span>ricav<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>prestaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vizi <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rilevati <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>allo <span class=\"_ _3\"></span>stato di avanzamento<span class=\"_ _0\"></span> della prestaz<span class=\"_ _0\"></span>ione alla data d<span class=\"_ _0\"></span>i riferimen<span class=\"_ _0\"></span>to del bilanci<span class=\"_ _0\"></span>o. Lo stato d<span class=\"_ _0\"></span>i avanzamento viene v<span class=\"_ _0\"></span>alutato sull<span class=\"_ _0\"></span>a base delle misur<span class=\"_ _0\"></span>azioni del <span class=\"_ _0\"></span>lavoro svolto.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__45": {
   "value": "Proventi e oner<span class=\"_ _0\"></span>i finanziari I <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>oventi <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>compr<span class=\"_ _0\"></span>endono <span class=\"_ _f\"> </span>gli <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>nteressi <span class=\"_ _f\"> </span>attivi <span class=\"_ _f\"> </span>sulla <span class=\"_ _f\"> </span>liquidit\u00e0 <span class=\"_ _f\"> </span>investita <span class=\"_ _f\"> </span>(comprese <span class=\"_ _f\"> </span>le attivit\u00e0 <span class=\"_\"> </span>finanziarie <span class=\"_\"> </span>disponibili <span class=\"_\"> </span>p<span class=\"_ _2\"></span>er <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>vendita), <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>divide<span class=\"_ _0\"></span>ndi <span class=\"_ _1\"> </span>attiv<span class=\"_ _0\"></span>i, <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>proventi <span class=\"_\"> </span>derivanti <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>alla vendita <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>strumenti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>copertura rilevati <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econ<span class=\"_ _0\"></span>omico. <span class=\"_ _14\"> </span>G<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _14\"> </span>attiv<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _14\"> </span>rilevat<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _14\"> </span>per<span class=\"_ _0\"></span> competenza <span class=\"_\"> </span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_\"> </span>il <span class=\"_\"> </span>metodo <span class=\"_\"> </span>dell\u2019inter<span class=\"_ _0\"></span>esse <span class=\"_\"> </span>effet<span class=\"_ _0\"></span>tivo. <span class=\"_\"> </span>I <span class=\"_\"> </span>dividendi <span class=\"_\"> </span>attivi <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_\"> </span>rilevati quando <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>tabilisce <span class=\"_ _1\"> </span>il <span class=\"_ _f\"> </span>diritto <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>Gruppo <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ricevere <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>pagament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>che, <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>titoli<span class=\"_ _0\"></span> quotati, corr<span class=\"_ _0\"></span>isponde alla d<span class=\"_ _0\"></span>ata di stacco c<span class=\"_ _0\"></span>edola. Gli <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _5\"></span>compre<span class=\"_ _0\"></span>ndono <span class=\"_ _5\"></span>gli <span class=\"_ _5\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _5\"></span>pass<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>sui <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _5\"></span>calcolat<span class=\"_ _0\"></span>i, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>rilasci<span class=\"_ _0\"></span>o dell\u2019attualizz<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fondi,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lue d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue rilevato a<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>o eco<span class=\"_ _0\"></span>nomico; le <span class=\"_ _0\"></span>perdite<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> attivit\u00e0<span class=\"_ _0\"></span> finanz<span class=\"_ _0\"></span>iarie s<span class=\"_ _0\"></span>ono ri<span class=\"_ _0\"></span>levati a<span class=\"_ _0\"></span> conto economico uti<span class=\"_ _0\"></span>lizzando il metodo <span class=\"_ _0\"></span>dell\u2019interesse <span class=\"_ _0\"></span>effettivo.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__44": {
   "value": "Proventi e oner<span class=\"_ _0\"></span>i finanziari I <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>oventi <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>compr<span class=\"_ _0\"></span>endono <span class=\"_ _f\"> </span>gli <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span>nteressi <span class=\"_ _f\"> </span>attivi <span class=\"_ _f\"> </span>sulla <span class=\"_ _f\"> </span>liquidit\u00e0 <span class=\"_ _f\"> </span>investita <span class=\"_ _f\"> </span>(comprese <span class=\"_ _f\"> </span>le attivit\u00e0 <span class=\"_\"> </span>finanziarie <span class=\"_\"> </span>disponibili <span class=\"_\"> </span>p<span class=\"_ _2\"></span>er <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>vendita), <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>divide<span class=\"_ _0\"></span>ndi <span class=\"_ _1\"> </span>attiv<span class=\"_ _0\"></span>i, <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>proventi <span class=\"_\"> </span>derivanti <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>alla vendita <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>strumenti <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>copertura rilevati <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econ<span class=\"_ _0\"></span>omico. <span class=\"_ _14\"> </span>G<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _14\"> </span>attiv<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _14\"> </span>rilevat<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>a <span class=\"_ _8\"> </span>conto <span class=\"_ _8\"> </span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _14\"> </span>per<span class=\"_ _0\"></span> competenza <span class=\"_\"> </span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_\"> </span>il <span class=\"_\"> </span>metodo <span class=\"_\"> </span>dell\u2019inter<span class=\"_ _0\"></span>esse <span class=\"_\"> </span>effet<span class=\"_ _0\"></span>tivo. <span class=\"_\"> </span>I <span class=\"_\"> </span>dividendi <span class=\"_\"> </span>attivi <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_\"> </span>rilevati quando <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>tabilisce <span class=\"_ _1\"> </span>il <span class=\"_ _f\"> </span>diritto <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>Gruppo <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>ricevere <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>pagament<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>che, <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>titoli<span class=\"_ _0\"></span> quotati, corr<span class=\"_ _0\"></span>isponde alla d<span class=\"_ _0\"></span>ata di stacco c<span class=\"_ _0\"></span>edola. Gli <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _5\"></span>compre<span class=\"_ _0\"></span>ndono <span class=\"_ _5\"></span>gli <span class=\"_ _5\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _5\"></span>pass<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>sui <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _5\"></span>calcolat<span class=\"_ _0\"></span>i, <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>rilasci<span class=\"_ _0\"></span>o dell\u2019attualizz<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fondi,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lue d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue rilevato a<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>o eco<span class=\"_ _0\"></span>nomico; le <span class=\"_ _0\"></span>perdite<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> attivit\u00e0<span class=\"_ _0\"></span> finanz<span class=\"_ _0\"></span>iarie s<span class=\"_ _0\"></span>ono ri<span class=\"_ _0\"></span>levati a<span class=\"_ _0\"></span> conto economico uti<span class=\"_ _0\"></span>lizzando il metodo <span class=\"_ _0\"></span>dell\u2019interesse <span class=\"_ _0\"></span>effettivo.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__46": {
   "value": "Dividendi I dividendi d<span class=\"_ _0\"></span>eliberati sono r<span class=\"_ _0\"></span>iconosc<span class=\"_ _0\"></span>iuti come d<span class=\"_ _0\"></span>ebito verso i soc<span class=\"_ _0\"></span>i al m<span class=\"_ _0\"></span>omento della <span class=\"_ _0\"></span>delibera di<span class=\"_ _0\"></span> distribuzione.<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>Inoltre,<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>ess<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>engono <span class=\"_ _9\"> </span>registrat<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>quando <span class=\"_ _9\"> </span>sorge <span class=\"_ _9\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>dirit<span class=\"_ _0\"></span>to <span class=\"_ _8\"> </span>all\u2019inc<span class=\"_ _0\"></span>asso <span class=\"_ _9\"> </span>che normalmente c<span class=\"_ _0\"></span>oincide con la de<span class=\"_ _0\"></span>libera ass<span class=\"_ _0\"></span>embleare di distribuz<span class=\"_ _0\"></span>ione dei divide<span class=\"_ _0\"></span>ndi.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__47": {
   "value": "Conversione d<span class=\"_ _0\"></span>elle poste in <span class=\"_ _0\"></span>valuta estera Il <span class=\"_ _d\"></span>bilancio <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>olidato <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>pres<span class=\"_ _0\"></span>entato <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>Euro, <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>valuta <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>unzionale <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>presentazi<span class=\"_ _0\"></span>one adottata. Le <span class=\"_ _0\"></span>transaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>valuta <span class=\"_ _3\"></span>estera <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>rilev<span class=\"_ _0\"></span>ate, <span class=\"_ _0\"></span>iniz<span class=\"_ _0\"></span>ialmente, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>tass<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>cambio <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _3\"></span>all<span class=\"_ _2\"></span>a data dell\u2019oper<span class=\"_ _0\"></span>azione. Le differe<span class=\"_ _0\"></span>nze cambi<span class=\"_ _0\"></span>o realiz<span class=\"_ _0\"></span>zate nel c<span class=\"_ _0\"></span>orso del<span class=\"_ _0\"></span>l\u2019esercizio, <span class=\"_ _0\"></span>in occas<span class=\"_ _0\"></span>ione del<span class=\"_ _0\"></span>l\u2019incasso <span class=\"_ _0\"></span>dei cred<span class=\"_ _0\"></span>iti e del pagamen<span class=\"_ _0\"></span>to dei debiti i<span class=\"_ _0\"></span>n valuta estera, s<span class=\"_ _0\"></span>ono iscritte <span class=\"_ _0\"></span>a conto econo<span class=\"_ _0\"></span>mico. Alla <span class=\"_ _0\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _3\"></span>dell\u2019esercizio, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>monetarie <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nominate <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>valut<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>estera, sono riconvert<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>nella valut<span class=\"_ _0\"></span>a funziona<span class=\"_ _0\"></span>le di <span class=\"_ _0\"></span>riferimento <span class=\"_ _0\"></span>al tass<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i cambio <span class=\"_ _0\"></span>in es<span class=\"_ _0\"></span>sere alla <span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>a di <span class=\"_\"> </span>chiusura <span class=\"_\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_\"> </span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_\"> </span>registran<span class=\"_ _0\"></span>do <span class=\"_\"> </span>a <span class=\"_\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_\"> </span>econo<span class=\"_ _0\"></span>mico <span class=\"_\"> </span>l\u2019eventua<span class=\"_ _0\"></span>le <span class=\"_\"> </span>differenz<span class=\"_ _0\"></span>a <span class=\"_\"> </span>cambio<span class=\"_ _0\"></span> rilevata. Le <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>monetarie, <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utate <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to s<span class=\"_ _0\"></span>torico <span class=\"_ _3\"></span>in v<span class=\"_ _0\"></span>aluta <span class=\"_ _0\"></span>estera, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>convert<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>usando <span class=\"_ _3\"></span>i tassi <span class=\"_ _5\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ambio <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>vigore <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>iniziale <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ilevazione <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>ansazione.<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Le <span class=\"_ _e\"> </span>poste <span class=\"_ _5\"> </span>no<span class=\"_ _0\"></span>n monetarie <span class=\"_ _3\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>equo <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>valuta <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tera <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>convertite <span class=\"_ _0\"></span>usando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>camb<span class=\"_ _0\"></span>io alla data di <span class=\"_ _0\"></span>determinazione <span class=\"_ _0\"></span>di tale valore.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__48": {
   "value": "Attivit\u00e0 e passivi<span class=\"_ _0\"></span>t\u00e0 finanziar<span class=\"_ _0\"></span>ie Al <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>omento<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ua <span class=\"_ _e\"> </span>rilevaz<span class=\"_ _0\"></span>ione <span class=\"_ _e\"> </span>iniziale, <span class=\"_ _e\"> </span>un\u2019attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanziaria <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>rientra<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>nel<span class=\"_ _0\"></span>l\u2019ambito <span class=\"_ _e\"> </span>di applicazione <span class=\"_ _d\"></span>dell\u2019IFRS <span class=\"_ _d\"></span>9 <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>classificat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>una <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>seguenti <span class=\"_ _d\"></span>tre <span class=\"_ _3\"></span>cat<span class=\"_ _0\"></span>egorie <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>sua<span class=\"_ _0\"></span> valutazione:<span class=\"_ _0\"></span> 1. <span class=\"_ _6a\"> </span>attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie valutat<span class=\"_ _0\"></span>e al costo am<span class=\"_ _0\"></span>mortizzato;<span class=\"_ _0\"></span> 2. <span class=\"_ _6a\"> </span>attivit\u00e0 <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ie <span class=\"_ _b\"> </span>va<span class=\"_ _0\"></span>lutate <span class=\"_ _14\"> </span>al <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _14\"> </span>rilevato <span class=\"_ _14\"> </span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _b\"> </span>altr<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omponenti <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>conto<span class=\"_ _0\"></span> economico compl<span class=\"_ _0\"></span>essivo (F<span class=\"_ _0\"></span>VOCI); 3. <span class=\"_ _6a\"> </span>attivit\u00e0 <span class=\"_ _11\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _11\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_ _13\"> </span>al <span class=\"_ _11\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _11\"> </span>value <span class=\"_ _11\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _13\"> </span>nell\u2019utile/(perdita) <span class=\"_ _13\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio (FVTPL). La <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificazione <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>atti<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>tre<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>categ<span class=\"_ _0\"></span>orie <span class=\"_ _d\"></span>sud<span class=\"_ _0\"></span>dette <span class=\"_ _5\"></span>dip<span class=\"_ _0\"></span>ende <span class=\"_ _d\"></span>dal<span class=\"_ _0\"></span> modello <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>busines<span class=\"_ _0\"></span>s <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _9\"> </span>Societ\u00e0 <span class=\"_ _9\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>gestion<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>delle <span class=\"_ _10\"> </span>attivit\u00e0 <span class=\"_ _8\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _10\"> </span>e <span class=\"_ _8\"> </span>dal<span class=\"_ _0\"></span>le caratteristiche d<span class=\"_ _0\"></span>ei flussi finanz<span class=\"_ _0\"></span>iari contrattua<span class=\"_ _0\"></span>li dell\u2019attivi<span class=\"_ _0\"></span>t\u00e0 finanziaria.<span class=\"_ _0\"></span> Le <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziarie <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>riclas<span class=\"_ _0\"></span>sificate <span class=\"_ _d\"></span>successivamen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>loro <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevazione <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>niziale,<span class=\"_ _0\"></span> salvo <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>modific<span class=\"_ _0\"></span>hi <span class=\"_ _5\"></span>il <span class=\"_ _e\"> </span>proprio <span class=\"_ _e\"> </span>modello <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>business <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _e\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 finanziarie. <span class=\"_ _f\"> </span>In <span class=\"_ _f\"> </span>tal <span class=\"_ _f\"> </span>caso,<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>tutte <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _f\"> </span>finanziarie <span class=\"_ _f\"> </span>int<span class=\"_ _0\"></span>eressate <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>ricl<span class=\"_ _0\"></span>assificate <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>prim<span class=\"_ _0\"></span>o giorno del prim<span class=\"_ _0\"></span>o esercizio s<span class=\"_ _0\"></span>uccessivo alla m<span class=\"_ _0\"></span>odifica del m<span class=\"_ _0\"></span>odello di busin<span class=\"_ _0\"></span>ess. 1. Attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie valutat<span class=\"_ _0\"></span>e al costo a<span class=\"_ _0\"></span>mmortizzato In <span class=\"_ _d\"></span>questa <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _5\"></span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificate <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>stite <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>base <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>model<span class=\"_ _0\"></span>lo <span class=\"_ _d\"></span>di business <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>cui <span class=\"_ _5\"></span>ob<span class=\"_ _0\"></span>iettivo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>poss<span class=\"_ _0\"></span>esso <span class=\"_ _d\"></span>dell\u2019<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _d\"></span>fi<span class=\"_ _0\"></span>nanziaria <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>fine <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>ncassare<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _5\"></span>di cassa <span class=\"_ _1\"> </span>contrattual<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>siano <span class=\"_ _1\"> </span>rappresentat<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>esclusiva<span class=\"_ _0\"></span>mente <span class=\"_ _1\"> </span>da <span class=\"_ _1\"> </span>pagamenti <span class=\"_ _1\"> </span>del <span class=\"_\"> </span>capitale <span class=\"_ _f\"> </span>e degli interessi matur<span class=\"_ _0\"></span>ati sul <span class=\"_ _0\"></span>capitale. Tali <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>valutate <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>costo <span class=\"_ _5\"></span>ammortizzato,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>utilizz<span class=\"_ _0\"></span>ando <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>tasso <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>ef<span class=\"_ _0\"></span>fettivo. Gli <span class=\"_ _f\"> </span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>tale<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>misuraz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _f\"> </span>rilevat<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>conto <span class=\"_ _1\"> </span>economico<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>tra <span class=\"_ _1\"> </span>i <span class=\"_ _f\"> </span>prove<span class=\"_ _0\"></span>nti <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>o<span class=\"_ _0\"></span>neri finanziari. <span class=\"_ _3\"></span>Tali <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>inoltre <span class=\"_ _3\"></span>soggette <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>modello<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mpairment <span class=\"_ _3\"></span>desc<span class=\"_ _0\"></span>ritto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>paragrafo Crediti iscritti n<span class=\"_ _0\"></span>ell\u2019attivo c<span class=\"_ _0\"></span>orrente (attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie non<span class=\"_ _0\"></span> derivate)<span class=\"ff3\">.<span class=\"_ _0\"></span> </span>2. <span class=\"_ _8\"> </span>Attivit\u00e0 <span class=\"_ _8\"> </span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _9\"> </span>valutate <span class=\"_ _8\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>fair <span class=\"_ _8\"> </span>va<span class=\"_ _0\"></span>lue <span class=\"_ _8\"> </span>rilevat<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>nelle <span class=\"_ _9\"> </span>altre <span class=\"_ _8\"> </span>compone<span class=\"_ _0\"></span>nti <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>conto economico compl<span class=\"_ _0\"></span>essivo (F<span class=\"_ _0\"></span>VOCI)<span class=\"_ _0\"></span> In <span class=\"_ _d\"></span>questa <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _5\"></span>sono <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lassificate <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>stite <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _d\"></span>base <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>model<span class=\"_ _0\"></span>lo <span class=\"_ _d\"></span>di business <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>biettivo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>raggiunto <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>l\u2019incas<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratt<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> la <span class=\"_ _3\"></span>vendita <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>flus<span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>assa <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>appresentat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>esclusivament<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>da pagamenti <span class=\"_ _11\"> </span>del <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>apitale <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>degli <span class=\"_ _11\"> </span>interess<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>maturat<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>ul <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>apitale. <span class=\"_ _11\"> </span>Come <span class=\"_ _11\"> </span>la <span class=\"_ _10\"> </span>categ<span class=\"_ _0\"></span>oria precedente, <span class=\"_ _1\"> </span>anche <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>finanzi<span class=\"_ _0\"></span>arie <span class=\"_ _f\"> </span>valutate <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>FVOCI <span class=\"_ _1\"> </span>sono <span class=\"_ _f\"> </span>sogg<span class=\"_ _0\"></span>ette <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>odello <span class=\"_ _f\"> </span>di<span class=\"_ _0\"></span> impairment <span class=\"_ _5\"></span>descritto<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>paragrafo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span><span class=\"ff4\">Cred<span class=\"_ _0\"></span>iti <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ell\u2019attivo <span class=\"_ _5\"></span>corrente <span class=\"_ _5\"></span>(attivit\u00e0 <span class=\"_ _5\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _d\"></span>no<span class=\"_ _0\"></span>n </span>derivate)<span class=\"ff3\">. </span>Tali <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>valutate <span class=\"_ _f\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _e\"> </span>value <span class=\"_ _e\"> </span>e <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>eventuali <span class=\"_ _e\"> </span>variazioni <span class=\"_ _f\"> </span>successive <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>fair <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lue vengono rilevat<span class=\"_ _0\"></span>e nelle altre c<span class=\"_ _0\"></span>omponenti di c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico complessivo.<span class=\"_ _0\"></span> 3. Attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie valutat<span class=\"_ _0\"></span>e al fair value ri<span class=\"_ _0\"></span>levato nell\u2019ut<span class=\"_ _0\"></span>ile/(perdita) <span class=\"_ _0\"></span>dell\u2019esercizio (<span class=\"_ _0\"></span>FVTPL) Sono classificate<span class=\"_ _0\"></span> in questa <span class=\"_ _0\"></span>categoria le a<span class=\"_ _0\"></span>ttivit\u00e0 finanz<span class=\"_ _0\"></span>iarie che:  (i) <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>uno <span class=\"_ _f\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>capita<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>sod<span class=\"_ _0\"></span>disfa <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>cl<span class=\"_ _0\"></span>assificazione <span class=\"_ _f\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>osto ammortizzato e a<span class=\"_ _0\"></span>l FVOCI; <span class=\"_ _0\"></span> (ii) <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>una<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>partec<span class=\"_ _0\"></span>ipazione <span class=\"_ _5\"></span>in <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>capit<span class=\"_ _0\"></span>ale <span class=\"_ _d\"></span>che <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignata<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>sua<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevazion<span class=\"_ _0\"></span>e iniziale al FVOC<span class=\"_ _0\"></span>I;  (iii) <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>uno<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>deb<span class=\"_ _0\"></span>ito <span class=\"_ _a\"> </span>che, <span class=\"_ _a\"> </span>alla <span class=\"_ _b\"> </span>rilevazion<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>iniziale, <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _b\"> </span>stato <span class=\"_ _b\"> </span>irrevocabilmente<span class=\"_ _0\"></span> designato al FVT<span class=\"_ _0\"></span>PL (fair va<span class=\"_ _0\"></span>lue option \u201cF<span class=\"_ _0\"></span>VO\u201d). Tali <span class=\"_ _5\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>misurate<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>al <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>air <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alue <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>le <span class=\"_ _5\"> </span>ev<span class=\"_ _0\"></span>entuali <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ariazioni <span class=\"_ _e\"> </span>successive <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>fair <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>alue vengono <span class=\"_\"> </span>rilevate <span class=\"_\"> </span>a <span class=\"_\"> </span>conto <span class=\"_\"> </span>economico <span class=\"_\"> </span>tra <span class=\"_\"> </span>i <span class=\"_\"> </span>proventi <span class=\"_\"> </span>e <span class=\"_\"> </span>gli <span class=\"_\"> </span>oneri <span class=\"_\"> </span>finanziari. <span class=\"_\"> </span>Come <span class=\"_\"> </span>per <span class=\"_\"> </span>le categorie <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ecedenti, <span class=\"_ _a\"> </span>anche <span class=\"_\"> </span>le <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_\"> </span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_\"> </span>al <span class=\"_\"> </span>F<span class=\"_ _0\"></span>VTPL <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_\"> </span>s<span class=\"_ _0\"></span>oggette <span class=\"_ _a\"> </span>al modello <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>impairment <span class=\"_ _a\"> </span>descritto <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>paragr<span class=\"_ _0\"></span>afo <span class=\"_ _a\"> </span><span class=\"ff4\">Crediti <span class=\"_ _a\"> </span>iscritti <span class=\"_ _a\"> </span>nell\u2019attivo <span class=\"_ _a\"> </span>corrente <span class=\"_ _a\"> </span>(attivit\u00e0 </span>finanziarie n<span class=\"_ _0\"></span>on derivate)<span class=\"ff3\">.<span class=\"_ _0\"></span> </span>Gli <span class=\"_ _3\"></span>strument<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>deriva<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>vengono <span class=\"_ _d\"></span>inclusi <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>ques<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>categor<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>men<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>iano <span class=\"_ _3\"></span>des<span class=\"_ _0\"></span>ignati come strument<span class=\"_ _0\"></span>i copertura (<span class=\"_ _0\"></span>hedge instrume<span class=\"_ _0\"></span>nts). Le <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificate <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>valutate <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>ammortizzato <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>FVTPL<span class=\"_ _0\"></span>. Una <span class=\"_ _10\"> </span>passivit\u00e0 <span class=\"_ _11\"> </span>finanziaria <span class=\"_ _10\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _10\"> </span>classific<span class=\"_ _0\"></span>ata <span class=\"_ _10\"> </span>al <span class=\"_ _10\"> </span>FVT<span class=\"_ _0\"></span>PL <span class=\"_ _10\"> </span>quando <span class=\"_ _10\"> </span>\u00e8 <span class=\"_ _11\"> </span>posseduta <span class=\"_ _10\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>la negoziazione, <span class=\"_ _9\"> </span>rappresenta<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>un <span class=\"_ _8\"> </span>derivato <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _8\"> </span>des<span class=\"_ _0\"></span>ignata <span class=\"_ _8\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _8\"> </span>ta<span class=\"_ _0\"></span>le <span class=\"_ _8\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"> </span>momento <span class=\"_ _9\"> </span>della rilevazione iniziale.<span class=\"_ _0\"></span> Le <span class=\"_\"> </span>attivit\u00e0 <span class=\"_\"> </span>e <span class=\"_\"> </span>le <span class=\"_\"> </span>passivit\u00e0 <span class=\"_\"> </span>finanziarie <span class=\"_\"> </span>dete<span class=\"_ _0\"></span>nute <span class=\"_\"> </span>dal <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>consistono <span class=\"_\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_\"> </span>in disponibilit\u00e0 <span class=\"_ _3\"></span>liquide <span class=\"_ _3\"></span>(cassa <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>depositi <span class=\"_ _3\"></span>bancari),<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>commerciali, <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>bancari <span class=\"_ _3\"></span>e altre passivit<span class=\"_ _0\"></span>\u00e0 finanziarie, a<span class=\"_ _0\"></span>ltre attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie corr<span class=\"_ _0\"></span>enti e non corr<span class=\"_ _0\"></span>enti. Gli <span class=\"_\"> </span>amminis<span class=\"_ _0\"></span>tratori <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _a\"> </span>hanno <span class=\"_\"> </span>rivisto <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>valutat<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>l<span class=\"_ _2\"></span>e <span class=\"_\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>fi<span class=\"_ _0\"></span>nanziarie <span class=\"_ _a\"> </span>del Gruppo <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _0\"></span>di I<span class=\"_ _0\"></span>FRS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>(1 <span class=\"_ _0\"></span>gennaio <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>018) s<span class=\"_ _0\"></span>ulla ba<span class=\"_ _0\"></span>se de<span class=\"_ _0\"></span>i fatti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>delle <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ircostanze <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>essere <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>tale <span class=\"_ _5\"></span>data <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>han<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>concl<span class=\"_ _0\"></span>uso <span class=\"_ _5\"></span>che <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"></span>finanziarie<span class=\"_ _0\"></span> classificate <span class=\"_ _5\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iamenti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>crediti <span class=\"_ _5\"></span> <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>base <span class=\"_ _5\"></span>allo <span class=\"_ _5\"></span>IAS <span class=\"_ _5\"></span>39<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>erano <span class=\"_ _5\"></span>valut<span class=\"_ _0\"></span>ate <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>osto ammortizzato <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontinua<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>d <span class=\"_ _5\"></span>essere <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alutate <span class=\"_ _e\"> </span>al <span class=\"_ _5\"></span>costo <span class=\"_ _e\"> </span>ammortizzato <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>all\u2019IF<span class=\"_ _0\"></span>RS <span class=\"_ _5\"></span>9 <span class=\"_ _e\"> </span>in quanto <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>ge<span class=\"_ _2\"></span>stite <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>un <span class=\"_ _a\"> </span>modello <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>b<span class=\"_ _0\"></span>usiness <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>obiettivo <span class=\"_ _a\"> </span>\u00e8 <span class=\"_\"> </span>il <span class=\"_ _a\"> </span>possesso dell\u2019attivit\u00e0 <span class=\"_ _10\"> </span>f<span class=\"_ _0\"></span>inanziaria <span class=\"_ _10\"> </span>al <span class=\"_ _11\"> </span>fine <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>incass<span class=\"_ _0\"></span>are <span class=\"_ _10\"> </span>i <span class=\"_ _10\"> </span>flussi <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>cas<span class=\"_ _0\"></span>sa <span class=\"_ _10\"> </span>contrattua<span class=\"_ _0\"></span>li <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>siano<span class=\"_ _0\"></span> rappresentati <span class=\"_ _a\"> </span>esclusivamente <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>pagamenti <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>capitale <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _a\"> </span>interessi <span class=\"_ _a\"> </span>maturati <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span> capitale. Determinazion<span class=\"_ _0\"></span>e del fair val<span class=\"_ _0\"></span>ue L\u2019IFRS <span class=\"_ _1\"> </span>13 <span class=\"_\"> </span>definisce <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>me <span class=\"_\"> </span>il <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>ezzo <span class=\"_\"> </span>che <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>percepire<span class=\"_ _0\"></span>bbe <span class=\"_ _1\"> </span>per <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>vendita <span class=\"_ _1\"> </span>di<span class=\"_ _0\"></span> un\u2019attivit\u00e0 <span class=\"_ _5\"></span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _5\"></span>che <span class=\"_ _e\"> </span>si <span class=\"_ _5\"></span>pagher<span class=\"_ _0\"></span>ebbe <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>il <span class=\"_ _5\"></span>trasf<span class=\"_ _0\"></span>erimento <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _5\"></span>in <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>rego<span class=\"_ _0\"></span>lare operazione tra o<span class=\"_ _0\"></span>peratori di m<span class=\"_ _0\"></span>ercato alla d<span class=\"_ _0\"></span>ata di valutaz<span class=\"_ _0\"></span>ione.  L\u2019IFRS <span class=\"_ _a\"> </span>13 <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>tabilisce<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>una <span class=\"_ _a\"> </span>gerarch<span class=\"_ _0\"></span>ia <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>cl<span class=\"_ _0\"></span>assifica <span class=\"_ _b\"> </span>in <span class=\"_ _a\"> </span>livelli <span class=\"_ _b\"> </span>gli <span class=\"_ _a\"> </span>input <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>tecniche <span class=\"_ _b\"> </span>di valutazione <span class=\"_ _3\"></span>adottat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>surare <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value. <span class=\"_ _0\"></span>I <span class=\"_ _3\"></span>livell<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evisti, <span class=\"_ _3\"></span>esposti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ordine <span class=\"_ _3\"></span>gerarchico,<span class=\"_ _0\"></span> sono i seguent<span class=\"_ _0\"></span>i: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello <span class=\"_ _d\"></span>1: <span class=\"_ _d\"></span>quotazi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>rilev<span class=\"_ _0\"></span>ate <span class=\"_ _d\"></span>su <span class=\"_ _3\"></span>un <span class=\"_ _d\"></span>mercato <span class=\"_ _d\"></span>att<span class=\"_ _0\"></span>ivo <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>attivit\u00e0 <span class=\"_ _d\"></span>o <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _d\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>di </span>valutazione;<span class=\"_ _0\"></span> \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello <span class=\"_ _d6\"> </span>2: <span class=\"_ _12\"> </span>tecniche <span class=\"_ _12\"> </span>valutative <span class=\"_ _12\"> </span>basat<span class=\"_ _0\"></span>e <span class=\"_ _12\"> </span>su <span class=\"_ _12\"> </span>dati <span class=\"_ _12\"> </span>di <span class=\"_ _12\"> </span>mercato <span class=\"_ _12\"> </span>d<span class=\"_ _0\"></span>irettamente <span class=\"_ _d6\"> </span>o </span>indirettamente <span class=\"_ _0\"></span>osservabili; \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>livello 3:<span class=\"_ _0\"></span> tecnich<span class=\"_ _0\"></span>e valutative<span class=\"_ _0\"></span> non basate s<span class=\"_ _0\"></span>u dati di merc<span class=\"_ _0\"></span>ato osservab<span class=\"_ _0\"></span>ili. </span>Cancellazion<span class=\"_ _0\"></span>e di attivit\u00e0 e <span class=\"_ _0\"></span>passivit\u00e0 fina<span class=\"_ _0\"></span>nziarie Un\u2019attivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _0\"></span>(o, <span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>applicab<span class=\"_ _0\"></span>ile, <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziaria <span class=\"_ _3\"></span>o parte <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>grupp<span class=\"_ _0\"></span>o di attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie simili) <span class=\"_ _0\"></span>viene cancellat<span class=\"_ _0\"></span>a dal bilanci<span class=\"_ _0\"></span>o quando: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>i d<span class=\"_ _0\"></span>iritti a ricev<span class=\"_ _0\"></span>ere flussi fina<span class=\"_ _0\"></span>nziari dall\u2019attivit\u00e0<span class=\"_ _0\"></span> sono estinti;<span class=\"_ _0\"></span> </span>\uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>la <span class=\"_ _5\"></span>societ\u00e0 <span class=\"_ _5\"></span>conserva <span class=\"_ _5\"> </span>il <span class=\"_ _5\"></span>diritto <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>icevere <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>da<span class=\"_ _0\"></span>ll\u2019attivit\u00e0, <span class=\"_ _5\"></span>ma <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>as<span class=\"_ _0\"></span>sunto </span>l\u2019obbligo contrattu<span class=\"_ _0\"></span>ale di c<span class=\"_ _0\"></span>orrisponderli intera<span class=\"_ _0\"></span>mente e se<span class=\"_ _0\"></span>nza ritardi a<span class=\"_ _0\"></span> una terza parte<span class=\"_ _0\"></span>; \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>la <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0<span class=\"_ _0\"></span> <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>trasferito <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>diritto <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>ricevere <span class=\"_ _a\"> </span>flussi <span class=\"_\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_\"> </span>d<span class=\"_ _0\"></span>all\u2019attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>(i) <span class=\"_ _a\"> </span>ha </span>trasferito <span class=\"_ _10\"> </span>sos<span class=\"_ _0\"></span>tanzialmente<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>tutti <span class=\"_ _10\"> </span>i <span class=\"_ _11\"> </span>risch<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>e <span class=\"_ _10\"> </span>ben<span class=\"_ _0\"></span>efici <span class=\"_ _11\"> </span>della <span class=\"_ _10\"> </span>propr<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _10\"> </span>dell\u2019<span class=\"_ _0\"></span>attivit\u00e0 finanziaria <span class=\"_ _3\"></span>oppure <span class=\"_ _3\"></span>(ii) <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>n\u00e9 <span class=\"_ _3\"></span>trattenuto <span class=\"_ _3\"></span>sos<span class=\"_ _0\"></span>tanzialmente <span class=\"_ _3\"></span>tutti <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>e benefici dell\u2019att<span class=\"_ _0\"></span>ivit\u00e0, ma ha <span class=\"_ _0\"></span>trasferito il<span class=\"_ _0\"></span> controllo de<span class=\"_ _0\"></span>lla stess<span class=\"_ _0\"></span>a. Nei <span class=\"_ _d\"></span>casi <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>societ\u00e0 <span class=\"_ _5\"></span>abbia <span class=\"_ _5\"></span>trasferito <span class=\"_ _5\"></span>i <span class=\"_ _5\"></span>diritti <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>rice<span class=\"_ _0\"></span>vere <span class=\"_ _d\"></span>fluss<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>fina<span class=\"_ _0\"></span>nziari <span class=\"_ _d\"></span>da <span class=\"_ _5\"></span>un\u2019<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _d\"></span>e non <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span>bbia <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>asferito <span class=\"_ _e\"> </span>n\u00e9 <span class=\"_ _e\"> </span>trattenuto <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ostanz<span class=\"_ _0\"></span>ialmente <span class=\"_ _e\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _5\"></span>rischi <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>benefici <span class=\"_ _5\"> </span>o <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>abbia perso <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollo <span class=\"_ _3\"></span>sulla <span class=\"_ _0\"></span>stes<span class=\"_ _0\"></span>sa, <span class=\"_ _0\"></span>l\u2019att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>viene <span class=\"_ _3\"></span>rilevata <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>societ\u00e0,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>misura<span class=\"_ _0\"></span> del suo coinvolgi<span class=\"_ _0\"></span>mento resi<span class=\"_ _0\"></span>duo dell\u2019attivit\u00e0 stes<span class=\"_ _0\"></span>sa. Una <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziaria <span class=\"_ _a\"> </span>viene <span class=\"_ _a\"> </span>can<span class=\"_ _2\"></span>cellat<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>dal <span class=\"_\"> </span>bilan<span class=\"_ _0\"></span>cio <span class=\"_ _a\"> </span>quando <span class=\"_\"> </span>l<span class=\"_ _0\"></span>\u2019obbligo <span class=\"_ _a\"> </span>sottostante <span class=\"_ _a\"> </span>la passivit\u00e0 \u00e8 est<span class=\"_ _0\"></span>into, o ann<span class=\"_ _0\"></span>ullato o ad<span class=\"_ _0\"></span>empiuto. Nei <span class=\"_\"> </span>casi <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>cui <span class=\"_\"> </span>una <span class=\"_\"> </span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_\"> </span>finanziaria <span class=\"_\"> </span>esistente <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>sostituita <span class=\"_\"> </span>da <span class=\"_\"> </span>un\u2019altra <span class=\"_\"> </span>dello <span class=\"_\"> </span>stesso prestatore, <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>condizioni <span class=\"_\"> </span>sostanzialmente <span class=\"_\"> </span>diverse, <span class=\"_ _1\"> </span>oppure<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>le <span class=\"_ _1\"> </span>cond<span class=\"_ _0\"></span>izioni <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>u<span class=\"_ _0\"></span>na <span class=\"_\"> </span>passivit\u00e0 esistente <span class=\"_ _0\"></span>vengono <span class=\"_ _0\"></span>sostanzi<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>modificate, <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>scamb<span class=\"_ _0\"></span>io o <span class=\"_ _0\"></span>modifica <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>trattata <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me una cance<span class=\"_ _0\"></span>llazione c<span class=\"_ _0\"></span>ontabile <span class=\"_ _0\"></span>della passivi<span class=\"_ _0\"></span>t\u00e0 origina<span class=\"_ _0\"></span>le e <span class=\"_ _0\"></span>la rilevazione <span class=\"_ _0\"></span>di una <span class=\"_ _0\"></span>nuova <span class=\"_ _0\"></span>passivit\u00e0, con iscrizione a<span class=\"_ _0\"></span> conto econ<span class=\"_ _0\"></span>omico di eventua<span class=\"_ _0\"></span>li differenz<span class=\"_ _0\"></span>e tra i valori c<span class=\"_ _0\"></span>ontabili. Strumenti derivat<span class=\"_ _0\"></span>i e contab<span class=\"_ _0\"></span>ilizzazione d<span class=\"_ _0\"></span>elle operazion<span class=\"_ _0\"></span>i di copertura<span class=\"_ _0\"></span> Come previsto <span class=\"_ _0\"></span>dall\u2019IFRS 9, <span class=\"_ _0\"></span>tutti gli strument<span class=\"_ _0\"></span>i finanziari<span class=\"_ _0\"></span> derivati son<span class=\"_ _0\"></span>o valutati a<span class=\"_ _0\"></span>l fair value. Uno strumento <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nziario d<span class=\"_ _0\"></span>erivato pu\u00f2 <span class=\"_ _0\"></span>essere ac<span class=\"_ _0\"></span>quistato <span class=\"_ _0\"></span>con finalit\u00e0 <span class=\"_ _0\"></span>di ne<span class=\"_ _0\"></span>goziazione <span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span> finalit\u00e0 di coper<span class=\"_ _0\"></span>tura.  Gli <span class=\"_\"> </span>strumenti<span class=\"_ _0\"></span> <span class=\"_\"> </span>derivati <span class=\"_\"> </span>ac<span class=\"_ _0\"></span>quistati <span class=\"_\"> </span>con <span class=\"_ _a\"> </span>finalit\u00e0 <span class=\"_\"> </span>di <span class=\"_\"> </span>co<span class=\"_ _0\"></span>pertura <span class=\"_ _a\"> </span>possono <span class=\"_\"> </span>essere <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontabilizz<span class=\"_ _0\"></span>ati secondo <span class=\"_ _11\"> </span>le <span class=\"_ _10\"> </span>mo<span class=\"_ _0\"></span>dalit\u00e0 <span class=\"_ _11\"> </span>dell\u2019hedge <span class=\"_ _11\"> </span>accounting, <span class=\"_ _11\"> </span>che <span class=\"_ _11\"> </span>compens<span class=\"_ _0\"></span>a <span class=\"_ _10\"> </span>la <span class=\"_ _11\"> </span>rilevazi<span class=\"_ _0\"></span>one <span class=\"_ _10\"> </span>a <span class=\"_ _11\"> </span>conto<span class=\"_ _0\"></span> economico dei der<span class=\"_ _0\"></span>ivati con <span class=\"_ _0\"></span>quella delle p<span class=\"_ _0\"></span>oste coperte, <span class=\"_ _0\"></span>solo quando: \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>gli <span class=\"_ _3e\"> </span>elementi <span class=\"_ _3e\"> </span>copert<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>e <span class=\"_ _3e\"> </span>gli <span class=\"_ _13\"> </span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _3e\"> </span>di <span class=\"_ _3e\"> </span>copertura <span class=\"_ _3e\"> </span>soddisfano <span class=\"_ _3e\"> </span>i <span class=\"_ _3e\"> </span>requisiti <span class=\"_ _3e\"> </span>di </span>ammissibilit\u00e0;  \uf0b7<span class=\"ff3\"> <span class=\"_ _11e\"> </span>all'<span class=\"_ _0\"></span>inizio <span class=\"_\"> </span>della <span class=\"_\"> </span>relazion<span class=\"_ _0\"></span>e <span class=\"_\"> </span>di <span class=\"_\"> </span>copertura <span class=\"_\"> </span>vi <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>una <span class=\"_\"> </span>designazi<span class=\"_ _0\"></span>one <span class=\"_\"> </span>e <span class=\"_\"> </span>documentazi<span class=\"_ _0\"></span>one </span>formale della re<span class=\"_ _0\"></span>lazione d<span class=\"_ _0\"></span>i copertura; \uf0b7larelazione <span class=\"_ _1\"> </span>di copertura <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>efficacesullabase <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>valutazione <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>relazioneeconomica es<span class=\"_ _0\"></span>istente tra ele<span class=\"_ _0\"></span>mento copert<span class=\"_ _0\"></span>o e strument<span class=\"_ _0\"></span>o di copertura.<span class=\"_ _0\"></span> Ai <span class=\"_ _3\"></span>fini <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>ilizzazione, <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>op<span class=\"_ _0\"></span>erazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>copertur<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classific<span class=\"_ _0\"></span>ate <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>\u201ccopertur<span class=\"_ _0\"></span>e del <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value\u201d <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>fronte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>variazione <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>merc<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>dell\u2019attiv<span class=\"_ _0\"></span>it\u00e0 sottostante, <span class=\"_ _f\"> </span>oppure <span class=\"_ _e\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>\u201c<span class=\"_ _0\"></span>coperture <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>flus<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iari\u201d <span class=\"_ _e\"> </span>se <span class=\"_ _e\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>fronte <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>di variabilit\u00e0 <span class=\"_ _a\"> </span>n<span class=\"_ _0\"></span>ei <span class=\"_ _a\"> </span>flussi <span class=\"_ _b\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _a\"> </span>derivanti <span class=\"_ _b\"> </span>sia <span class=\"_ _a\"> </span>da <span class=\"_ _b\"> </span>un\u2019es<span class=\"_ _0\"></span>istente <span class=\"_ _a\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _a\"> </span>o <span class=\"_ _b\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>sia <span class=\"_ _b\"> </span>da<span class=\"_ _0\"></span> un\u2019operazion<span class=\"_ _0\"></span>e futura. Per <span class=\"_ _d\"></span>quanto <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iguarda <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>air <span class=\"_ _d\"></span>value, <span class=\"_ _5\"></span>gli <span class=\"_ _d\"></span>utili <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>le <span class=\"_ _5\"></span>perdite <span class=\"_ _d\"></span>derivant<span class=\"_ _0\"></span>i dalla <span class=\"_ _b\"> </span>rideterminaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>fair <span class=\"_ _b\"> </span>value <span class=\"_ _b\"> </span>de<span class=\"_ _0\"></span>llo <span class=\"_ _b\"> </span>str<span class=\"_ _0\"></span>umento <span class=\"_ _b\"> </span>deriva<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>imputati <span class=\"_ _14\"> </span>a <span class=\"_ _b\"> </span>conto economico tra <span class=\"_ _0\"></span>i proventi e gli<span class=\"_ _0\"></span> oneri finanziar<span class=\"_ _0\"></span>i. Per <span class=\"_ _5\"></span>quanto<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>riguard<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>o<span class=\"_ _0\"></span>perazion<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"></span>flussi <span class=\"_ _e\"> </span>finanziari, <span class=\"_ _5\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>perdite <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> valutazione <span class=\"_\"> </span>dello <span class=\"_ _1\"> </span>strumento <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>copertura <span class=\"_\"> </span>sono <span class=\"_ _1\"> </span>rilevati <span class=\"_\"> </span>nelle <span class=\"_ _1\"> </span>altre <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>ponenti <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>conto economico <span class=\"_ _1\"> </span>complessivo<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>arte <span class=\"_ _1\"> </span>efficace, <span class=\"_ _1\"> </span>mentre <span class=\"_ _1\"> </span>l\u2019eventuale <span class=\"_ _1\"> </span>porz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_ _1\"> </span>efficace viene rilevata im<span class=\"_ _0\"></span>mediatame<span class=\"_ _0\"></span>nte nell\u2019utile/(perdi<span class=\"_ _0\"></span>ta) dell\u2019eser<span class=\"_ _0\"></span>cizio. Gli <span class=\"_ _0\"></span>util<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>perdit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>valutazione <span class=\"_ _3\"></span>correlati <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>derivat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>acquista<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>finalit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>negoz<span class=\"_ _0\"></span>iazione sono imputati a c<span class=\"_ _0\"></span>onto econ<span class=\"_ _0\"></span>omico tra i prov<span class=\"_ _0\"></span>enti e gli on<span class=\"_ _0\"></span>eri finanziari.  <span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>utilizza <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>strumenti <span class=\"_ _3\"></span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _3\"></span>derivati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>coprire <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>propria <span class=\"_ _3\"></span>esposiz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>rischi di cambio che,<span class=\"_ _0\"></span> tuttavia, no<span class=\"_ _0\"></span>n sono qua<span class=\"_ _0\"></span>lificati di copert<span class=\"_ _0\"></span>ura.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__49": {
   "value": "Principali  scelte  valutative  nell\u2019applicazione  dei  principi  contabili  e  fonti  di  incertezze nell\u2019effettuazione delle stime  La redazione del bilancio e delle relative note in applicazione degli IFRS richiede, da parte della direzione l\u2019effettuazione di valutazioni discrezionali e stime contabili che hanno effetto sui valori delle attivit\u00e0 e delle passivit\u00e0 di bilancio e sull\u2019informativa  di  bilancio. Tali stime sono basate sull\u2019esperienza e su altri fattori considerati rilevanti.  I risultati che si consuntiveranno potranno, pertanto, differire da tali stime. Le  aree  di  maggiore  incertezza  nella  formulazione  di  stime  e  valutazioni  durante  il processo di applicazione degli IFRS che hanno un effetto significativo sugli importi rilevati a bilancio riguardano:  \uf0a7  rischi su crediti; \uf0a7  obsolescenza di magazzino; \uf0a7  fondi per rischi ed oneri; \uf0a7  valutazione strumenti finanziari; \uf0a7  perdite  di  valore  dell\u2019attivo  (ad  esempio  immobili,  impianti  e  macchinari  ed  attivit\u00e0 immateriali); \uf0a7  recuperabilit\u00e0 delle attivit\u00e0 per imposte differite; \uf0a7  rettifica valore attivit\u00e0 finanziarie. Le stime e le assunzioni utilizzate sono basate su elementi noti alla data di predisposizione del  bilancio,  sull\u2019esperienza  del  Gruppo  e  su  altri  elementi  eventualmente  considerati rilevanti. In tale ambito si segnala che la situazione causata dalle perduranti difficolt\u00e0 del contesto economico  e  finanziario,  in  particolare  nell\u2019Eurozona,  hanno  comportato  la  necessit\u00e0  di effettuare  assunzioni  riguardanti  l\u2019andamento  futuro  caratterizzato  da  significativa incertezza, per cui non si pu\u00f2 escludere il concretizzarsi, nel futuro, di risultati diversi da quanto  stimato  e  che  quindi  potrebbero  richiedere  rettifiche,  ad  oggi  ovviamente  n\u00e9 stimabili n\u00e9 prevedibili, anche significative, al valore contabile delle relative poste. Le voci di  bilancio  principalmente  interessate  da  tali  situazioni  di  incertezza  sono  le  attivit\u00e0  non correnti (attivit\u00e0 immateriali e materiali), le imposte differite attive, i fondi per i dipendenti, i fondi svalutazione magazzino. Le  stime  e  le  assunzioni  utilizzate  sono  verificate  periodicamente  e  regolarmente  dal Gruppo. ln caso di diverso andamento degli elementi considerati in tale processo, le stime che  si  consuntiveranno  potrebbero  differire  da  quelle  originarie  e  richiedere  di  essere modificate. Gli effetti di ogni variazione di stima sono riflessi a conto economico nel periodo in cui  avviene  la  revisione  se  questa  ha  effetti  solo  su  tale  periodo,  o  anche  nei periodi successivi se la revisione ha effetti sia sull\u2019esercizio corrente, sia su quelli futuri. Perdita di valore di attivit\u00e0 Per determinare se vi sono indicatori di perdita di valore di attivit\u00e0 \u00e8 necessario stimare il fair  value  dell\u2019attivit\u00e0  oppure  il  suo  valore  d\u2019uso.  La  determinazione  del  valore  d\u2019uso richiede la stima dei flussi di cassa attesi che l\u2019impresa si attende di ottenere dall\u2019attivit\u00e0, nonch\u00e9 la determinazione di un appropriato tasso di sconto.",
   "dimensions": {
    "concept": "ifrs-full:ExplanationOfAssumptionAboutFutureWithSignificantRiskOfResultingInMaterialAdjustments",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__51": {
   "value": "6. GESTIONE E TIPOLOGIA DEI RISCHI FINANZIARI Il <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>rel<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>sua <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>all\u2019utilizzo <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nanziari, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>posto, <span class=\"_ _3\"></span>oltre al rischio genera<span class=\"_ _0\"></span>le legato a<span class=\"_ _0\"></span>lla conduzi<span class=\"_ _0\"></span>one del business<span class=\"_ _0\"></span>, ai seguenti<span class=\"_ _0\"></span> rischi: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di cr<span class=\"_ _0\"></span>edito; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di liqui<span class=\"_ _0\"></span>dit\u00e0; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio di m<span class=\"_ _0\"></span>ercato; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>rischio con<span class=\"_ _0\"></span>nesso alle c<span class=\"_ _0\"></span>ondizioni risolutive<span class=\"_ _0\"></span> contenute n<span class=\"_ _0\"></span>ell\u2019Accordo d<span class=\"_ _0\"></span>i Ristrutturazi<span class=\"_ _0\"></span>one. </span>Nella <span class=\"_ _3\"></span>presente <span class=\"_ _3\"></span>sez<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _3\"></span>fornite <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormazioni <span class=\"_ _3\"></span>integrat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>relative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>all\u2019esposizione <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> Gruppo <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>ciascuno <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _1\"> </span>elencati <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>preced<span class=\"_ _0\"></span>enza, <span class=\"_\"> </span>agli <span class=\"_ _1\"> </span>obiettivi, <span class=\"_\"> </span>alle <span class=\"_ _1\"> </span>po<span class=\"_ _0\"></span>litiche <span class=\"_ _1\"> </span>ed <span class=\"_\"> </span>ai processi <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>gesti<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>tali <span class=\"_ _1\"> </span>rischi<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ed <span class=\"_ _1\"> </span>ai <span class=\"_ _1\"> </span>metod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>utilizzati <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>va<span class=\"_ _0\"></span>lutarli. <span class=\"_ _1\"> </span>La <span class=\"_\"> </span>presente <span class=\"_ _1\"> </span>nota contiene <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>informaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>qua<span class=\"_ _0\"></span>ntitative <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>utare <span class=\"_ _3\"></span>l'entit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _d\"></span>dagli strumenti <span class=\"_ _a\"> </span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>cui <span class=\"_ _a\"> </span>il <span class=\"_\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>esposto <span class=\"_ _a\"> </span>nel <span class=\"_ _a\"> </span>corso <span class=\"_ _a\"> </span>dell'es<span class=\"_ _0\"></span>ercizio <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>data <span class=\"_ _a\"> </span>di riferimento <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>bilancio. <span class=\"_ _1\"> </span>Ulteriori<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>nformazioni <span class=\"_ _1\"> </span>quantitat<span class=\"_ _0\"></span>ive <span class=\"_ _1\"> </span>sono <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span>sposte <span class=\"_ _1\"> </span>nelle <span class=\"_ _1\"> </span>spec<span class=\"_ _0\"></span>ifiche note al bilanc<span class=\"_ _0\"></span>io relative alle<span class=\"_ _0\"></span> attivit\u00e0 e pas<span class=\"_ _0\"></span>sivit\u00e0 finanz<span class=\"_ _0\"></span>iarie. La <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ponsabilit\u00e0 <span class=\"_ _3\"></span>complessiv<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>creazione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>upervisione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>sistema <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gestione dei <span class=\"_ _3\"></span>risch<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _d\"></span>Consiglio <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Amministraz<span class=\"_ _0\"></span>ione. <span class=\"_ _3\"></span>L<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Direz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>mministr<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>e Finanza <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _e\"> </span>respo<span class=\"_ _0\"></span>nsabile <span class=\"_ _f\"> </span>dello <span class=\"_ _e\"> </span>sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>politiche <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>ges<span class=\"_ _0\"></span>tione <span class=\"_ _f\"> </span>dei rischi <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Gruppo <span class=\"_ _5\"></span>ed <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>nforma <span class=\"_ _5\"></span>periodicamente <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>A<span class=\"_ _0\"></span>mministrazion<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>propri<span class=\"_ _0\"></span>e attivit\u00e0.  Le politiche d<span class=\"_ _0\"></span>i gestione d<span class=\"_ _0\"></span>ei rischi del Grup<span class=\"_ _0\"></span>po hanno lo <span class=\"_ _0\"></span>scopo di: \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>identificare <span class=\"_ _0\"></span>ed analizzar<span class=\"_ _0\"></span>e i rischi ai quali <span class=\"_ _0\"></span>il Gruppo \u00e8 es<span class=\"_ _0\"></span>posto; </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>definire <span class=\"_ _4\"> </span>l\u2019archite<span class=\"_ _0\"></span>ttura <span class=\"_ _3e\"> </span>or<span class=\"_ _0\"></span>ganizzat<span class=\"_ _0\"></span>iva, <span class=\"_ _4\"> </span>con <span class=\"_ _4\"> </span>individua<span class=\"_ _0\"></span>zione <span class=\"_ _3e\"> </span>d<span class=\"_ _0\"></span>elle <span class=\"_ _3e\"> </span>uni<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _4\"> </span>organiz<span class=\"_ _0\"></span>zative </span>coinvolte, relat<span class=\"_ _0\"></span>ive responsabil<span class=\"_ _0\"></span>it\u00e0 e siste<span class=\"_ _0\"></span>ma di deleghe;<span class=\"_ _0\"></span> \uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>individuare <span class=\"_ _0\"></span>i principi di risk<span class=\"_ _0\"></span> manage<span class=\"_ _0\"></span>ment su cui si fo<span class=\"_ _0\"></span>nda la gest<span class=\"_ _0\"></span>ione operativa de<span class=\"_ _0\"></span>i rischi;<span class=\"_ _0\"></span> </span>\uf0a7<span class=\"ff3\"> <span class=\"_ _4\"> </span>individuare <span class=\"_ _1\"> </span>le <span class=\"_ _f\"> </span>tipologi<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>operazioni <span class=\"_ _f\"> </span>ammes<span class=\"_ _0\"></span>se <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>copertura <span class=\"_ _1\"> </span>dell\u2019esposizion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>(es. </span>negoziazione di der<span class=\"_ _0\"></span>ivati di <span class=\"_ _0\"></span>copertura). La <span class=\"_ _3\"></span>Funzion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Internal <span class=\"_ _d\"></span>Audit <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrolla <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>policy <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>procedure<span class=\"_ _0\"></span> applicate <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _5\"> </span>fi<span class=\"_ _0\"></span>nanziari. <span class=\"_ _e\"> </span>La <span class=\"_ _5\"></span>Fu<span class=\"_ _0\"></span>nzione <span class=\"_ _e\"> </span>Internal <span class=\"_ _5\"> </span>A<span class=\"_ _0\"></span>udit <span class=\"_ _e\"> </span>svolge <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>erifiche periodiche riport<span class=\"_ _0\"></span>andone gli es<span class=\"_ _0\"></span>iti al Consiglio <span class=\"_ _0\"></span>di Amminis<span class=\"_ _0\"></span>trazione.  6.1 Rischi finanziari",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__52-1": {
   "value": "6.1.1. Rischio di credito Il <span class=\"_ _f\"> </span>rischio <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _f\"> </span>che <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>cliente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>o <span class=\"_ _f\"> </span>una<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>contr<span class=\"_ _0\"></span>oparti <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>uno <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>trumento<span class=\"_ _0\"></span> finanziario <span class=\"_ _a\"> </span>causi <span class=\"_\"> </span>una <span class=\"_ _a\"> </span>perdita <span class=\"_ _a\"> </span>finanziaria <span class=\"_\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_\"> </span>ade<span class=\"_ _0\"></span>mpiendo <span class=\"_ _a\"> </span>ad <span class=\"_\"> </span>un\u2019obb<span class=\"_ _0\"></span>ligazione <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>deriva principalmente d<span class=\"_ _0\"></span>ai crediti c<span class=\"_ _0\"></span>ommerciali e<span class=\"_ _0\"></span> dagli investimenti<span class=\"_ _0\"></span> finanziari del<span class=\"_ _0\"></span> Gruppo. <span class=\"_ _0\"></span> Crediti commercial<span class=\"_ _0\"></span>i e altri c<span class=\"_ _0\"></span>rediti Il <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>credito<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>principalmente <span class=\"_ _f\"> </span>connesso <span class=\"_ _f\"> </span>alla <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>ossibilit\u00e0 <span class=\"_ _e\"> </span>ch<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>clienti <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>onorino <span class=\"_ _e\"> </span>i propri debiti v<span class=\"_ _0\"></span>erso le societ<span class=\"_ _0\"></span>\u00e0 del Gruppo a<span class=\"_ _0\"></span>lle scadenze<span class=\"_ _0\"></span> pattuite. <span class=\"_ _0\"></span> L\u2019esposizione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>credit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dipende <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>carat<span class=\"_ _0\"></span>teristiche specifiche <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>iascun <span class=\"_ _5\"></span>client<span class=\"_ _0\"></span>e. <span class=\"_ _5\"></span>I <span class=\"_ _5\"></span>credit<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>iscritti <span class=\"_ _5\"></span>a <span class=\"_ _5\"> </span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _5\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>seg<span class=\"_ _0\"></span>mentab<span class=\"_ _0\"></span>ili <span class=\"_ _5\"></span>innanzitutto <span class=\"_ _e\"> </span>per canale <span class=\"_ _b\"> </span>dis<span class=\"_ _0\"></span>tributivo, <span class=\"_ _b\"> </span>qu<span class=\"_ _0\"></span>indi <span class=\"_ _b\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _14\"> </span>verso <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ettaglianti<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>(affiliat<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>e <span class=\"_ _b\"> </span>ter<span class=\"_ _0\"></span>zi), <span class=\"_ _b\"> </span>gros<span class=\"_ _0\"></span>sisti, Grande <span class=\"_ _a\"> </span>Distribuzione<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>Organizzata <span class=\"_ _a\"> </span>(GDO)<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>ed <span class=\"_ _a\"> </span>Export. <span class=\"_ _a\"> </span>Il <span class=\"_ _a\"> </span>grado <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>concentrazione <span class=\"_ _b\"> </span>delle esposizioni <span class=\"_ _0\"></span>\u00e8 in <span class=\"_ _0\"></span>genere mi<span class=\"_ _0\"></span>nimo ad <span class=\"_ _0\"></span>eccezio<span class=\"_ _0\"></span>ne del can<span class=\"_ _0\"></span>ale G<span class=\"_ _0\"></span>DO, ov<span class=\"_ _0\"></span>e l'entit<span class=\"_ _0\"></span>\u00e0 dei sing<span class=\"_ _0\"></span>oli credit<span class=\"_ _0\"></span>i \u00e8 <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _3\"></span>signif<span class=\"_ _0\"></span>icativa <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>nche <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>considerazione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _3\"></span>sta<span class=\"_ _0\"></span>gionalit\u00e0 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>atturato <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>concentra nell'ultimo <span class=\"_ _f\"> </span>trimestre <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ell'eserc<span class=\"_ _0\"></span>izio. <span class=\"_ _f\"> </span>Il <span class=\"_ _f\"> </span>grado <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>oncen<span class=\"_ _0\"></span>trazione <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>crediti <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>primi <span class=\"_ _f\"> </span>diec<span class=\"_ _0\"></span>i clienti \u00e8 pari a<span class=\"_ _0\"></span>l 17,8% (16,7%<span class=\"_ _0\"></span> nel 2021).<span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ha <span class=\"_ _3\"></span>adottato <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>procedura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>secondo <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>ne <span class=\"_ _3\"></span>determinata <span class=\"_ _0\"></span>l\u2019aff<span class=\"_ _0\"></span>idabilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ciascun nuovo <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>liente, <span class=\"_ _d\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>es<span class=\"_ _0\"></span>clusione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>alcuni <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>lienti <span class=\"_ _5\"></span>gestiti <span class=\"_ _5\"></span>direttamen<span class=\"_ _0\"></span>te <span class=\"_ _5\"></span>dalla <span class=\"_ _d\"></span>direz<span class=\"_ _0\"></span>ione, <span class=\"_ _5\"></span>cui <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono poi <span class=\"_ _b\"> </span>offerte <span class=\"_ _b\"> </span>le <span class=\"_ _b\"> </span>condizioni <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>tandard <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>anale <span class=\"_ _b\"> </span>relativ<span class=\"_ _0\"></span>amente <span class=\"_ _b\"> </span>a <span class=\"_ _a\"> </span>t<span class=\"_ _0\"></span>ermini <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>pagamen<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>e consegna. <span class=\"_ _d\"></span>L'a<span class=\"_ _0\"></span>nalisi <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>affid<span class=\"_ _0\"></span>abilit\u00e0 <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>asa <span class=\"_ _d\"></span>su <span class=\"_ _d\"></span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>rat<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ommerc<span class=\"_ _0\"></span>iali <span class=\"_ _d\"></span>e, se <span class=\"_ _3\"></span>disponibi<span class=\"_ _0\"></span>li, <span class=\"_ _3\"></span>analisi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>bilancio. <span class=\"_ _3\"></span>Per <span class=\"_ _d\"></span>ciascun <span class=\"_ _d\"></span>cliente <span class=\"_ _d\"></span>vengono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tabiliti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>limiti <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>acquisto, rappresentativi <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>linea <span class=\"_\"> </span>di <span class=\"_\"> </span>credito <span class=\"_\"> </span>mass<span class=\"_ _0\"></span>ima; <span class=\"_\"> </span>esposizion<span class=\"_ _0\"></span>i <span class=\"_\"> </span>oltre <span class=\"_\"> </span>il <span class=\"_\"> </span>fido <span class=\"_\"> </span>accordato <span class=\"_\"> </span>son<span class=\"_ _0\"></span>o soggette a livell<span class=\"_ _0\"></span>i di autorizz<span class=\"_ _0\"></span>azione delle funz<span class=\"_ _0\"></span>ioni a ci\u00f2 <span class=\"_ _0\"></span>delegate. <span class=\"_ _0\"></span> Si <span class=\"_ _f\"> </span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _f\"> </span>che <span class=\"_ _1\"> </span>nell\u2019amb<span class=\"_ _0\"></span>ito <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>processo <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>delega, <span class=\"_ _f\"> </span>nec<span class=\"_ _0\"></span>essario <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>gar<span class=\"_ _0\"></span>antire <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>normale svolgimento <span class=\"_ _0\"></span>dell\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _0\"></span>commercia<span class=\"_ _0\"></span>le, <span class=\"_ _0\"></span>i res<span class=\"_ _0\"></span>ponsabi<span class=\"_ _0\"></span>li di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>funzione, <span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>o nor<span class=\"_ _0\"></span>male c<span class=\"_ _0\"></span>ondivis<span class=\"_ _0\"></span>ione con il vertice <span class=\"_ _0\"></span>aziendale e<span class=\"_ _0\"></span> nell\u2019ambito <span class=\"_ _0\"></span>degli obiettiv<span class=\"_ _0\"></span>i di budge<span class=\"_ _0\"></span>t, hanno la <span class=\"_ _0\"></span>facolt\u00e0 di <span class=\"_ _0\"></span>autorizzare<span class=\"_ _0\"></span> sconfinamenti <span class=\"_ _0\"></span>di fido o sb<span class=\"_ _0\"></span>locchi di ordini/cons<span class=\"_ _0\"></span>egne e di def<span class=\"_ _0\"></span>inire le cond<span class=\"_ _0\"></span>izioni di pagamento.<span class=\"_ _0\"></span> Con <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>magg<span class=\"_ _0\"></span>ioranza <span class=\"_ _d\"></span>dei <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>ienti, <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>intr<span class=\"_ _0\"></span>attiene <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporti <span class=\"_ _d\"></span>commerciali <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>molto <span class=\"_ _d\"></span>tempo<span class=\"_ _0\"></span>. L'attivit\u00e0 <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>monitor<span class=\"_ _0\"></span>aggio <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>rischi<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>credito <span class=\"_ _a\"> </span>verso <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>clienti <span class=\"_ _a\"> </span>avvi<span class=\"_ _0\"></span>ene <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>base <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>una<span class=\"_ _0\"></span> reportistica <span class=\"_ _13\"> </span>che <span class=\"_ _13\"> </span>prevede<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>ana<span class=\"_ _0\"></span>lisi <span class=\"_ _13\"> </span>della <span class=\"_ _13\"> </span>situazione<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>es<span class=\"_ _0\"></span>positoria <span class=\"_ _13\"> </span>sulla <span class=\"_ _13\"> </span>bas<span class=\"_ _0\"></span>e <span class=\"_ _11\"> </span>d<span class=\"_ _0\"></span>elle caratteristiche <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>redito, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>onsiderando <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>l'altro <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>tratta <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ersone <span class=\"_ _3\"></span>fisich<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pers<span class=\"_ _0\"></span>one giuridiche, <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>dislocazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>geografica, <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>canale <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>apparten<span class=\"_ _0\"></span>enza, <span class=\"_ _e\"> </span>l\u2019anzianit\u00e0 <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>credito <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span> l'esperienza stor<span class=\"_ _0\"></span>ica sui pag<span class=\"_ _0\"></span>amenti.  Si <span class=\"_ _1\"> </span>segnala <span class=\"_ _1\"> </span>che <span class=\"_\"> </span>la <span class=\"_ _f\"> </span>C<span class=\"_ _0\"></span>apogruppo<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>essere <span class=\"_\"> </span>una <span class=\"_ _1\"> </span>polizza <span class=\"_ _1\"> </span>assicurativa <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>garanzia <span class=\"_ _1\"> </span>della<span class=\"_ _0\"></span> validit\u00e0 <span class=\"_\"> </span>ed <span class=\"_\"> </span>es<span class=\"_ _0\"></span>igibilit\u00e0 <span class=\"_\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_\"> </span>propri <span class=\"_\"> </span>crediti <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ommerciali <span class=\"_\"> </span>anc<span class=\"_ _0\"></span>he <span class=\"_\"> </span>oggetto <span class=\"_\"> </span>di <span class=\"_\"> </span>ant<span class=\"_ _0\"></span>icipaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>e/o sconto a vale<span class=\"_ _0\"></span>re sulle event<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>linee di credito <span class=\"_ _0\"></span>autoliqu<span class=\"_ _0\"></span>idanti accordat<span class=\"_ _0\"></span>e, emesse <span class=\"_ _0\"></span>a copertura<span class=\"_ _0\"></span> integrale degli <span class=\"_ _0\"></span>importi finan<span class=\"_ _0\"></span>ziati dalle Banc<span class=\"_ _0\"></span>he Finanzia<span class=\"_ _0\"></span>trici attravers<span class=\"_ _0\"></span>o tali linee.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>accantona<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un <span class=\"_ _5\"></span>fondo <span class=\"_ _d\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>perdite <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iflette <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ima <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>le possibili <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommerciali <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> sug<span class=\"_ _0\"></span>li <span class=\"_ _0\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti, <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>compon<span class=\"_ _0\"></span>enti pr<span class=\"_ _0\"></span>incipali <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono svalutazioni <span class=\"_ _11\"> </span>specific<span class=\"_ _0\"></span>he <span class=\"_ _11\"> </span>individua<span class=\"_ _0\"></span>li <span class=\"_ _10\"> </span>di <span class=\"_ _11\"> </span>espos<span class=\"_ _0\"></span>izioni <span class=\"_ _11\"> </span>scadute <span class=\"_ _11\"> </span>si<span class=\"_ _0\"></span>gnificative <span class=\"_ _11\"> </span>e <span class=\"_ _11\"> </span>sv<span class=\"_ _0\"></span>alutazioni generiche <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>esposizioni <span class=\"_ _10\"> </span>omogen<span class=\"_ _0\"></span>ee <span class=\"_ _9\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>scadenze. <span class=\"_ _10\"> </span>La <span class=\"_ _10\"> </span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>ollettiva <span class=\"_ _10\"> </span>viene determinata <span class=\"_ _e\"> </span>sulla <span class=\"_ _e\"> </span>base <span class=\"_ _5\"></span>dell'es<span class=\"_ _0\"></span>perienza <span class=\"_ _e\"> </span>storica, <span class=\"_ _5\"> </span>te<span class=\"_ _0\"></span>nendo <span class=\"_ _e\"> </span>anche <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>consideraz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>\u2019attuale stato di crisi a<span class=\"_ _0\"></span> livello inter<span class=\"_ _0\"></span>nazionale. Tra <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>commerciali <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>egnala <span class=\"_ _3\"></span>l\u2019esist<span class=\"_ _0\"></span>enza <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>liente <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo appartenente <span class=\"_ _11\"> </span>al <span class=\"_ _10\"> </span>ca<span class=\"_ _0\"></span>nale <span class=\"_ _11\"> </span>affiliati <span class=\"_ _11\"> </span>il <span class=\"_ _10\"> </span>cui <span class=\"_ _11\"> </span>credito, <span class=\"_ _11\"> </span>pari <span class=\"_ _11\"> </span>a <span class=\"_ _10\"> </span>1,<span class=\"_ _0\"></span>1 <span class=\"_ _10\"> </span>milioni <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>E<span class=\"_ _0\"></span>uro, <span class=\"_ _11\"> </span>\u00e8 <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>tato completamente <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>valutato <span class=\"_ _3\"></span>a segu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>dichiaraz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>limento <span class=\"_ _0\"></span>avvenuta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>dicembre 2018.  In <span class=\"_ _d\"></span>nota <span class=\"_ _d\"></span>6.2.1, <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>fornite <span class=\"_ _5\"></span>le <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormazioni <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uantitative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ull'esposizione <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _5\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>redito per quanto riguar<span class=\"_ _0\"></span>da i credit<span class=\"_ _0\"></span>i commercial<span class=\"_ _0\"></span>i e gli altri cred<span class=\"_ _0\"></span>iti, richieste <span class=\"_ _0\"></span>dall'IFRS 7.<span class=\"_ _0\"></span> Attivit\u00e0 finanz<span class=\"_ _0\"></span>iarie disponibi<span class=\"_ _0\"></span>li alla negoziazi<span class=\"_ _0\"></span>one In <span class=\"_ _1\"> </span>tale <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ategoria <span class=\"_ _1\"> </span>r<span class=\"_ _0\"></span>ientrano <span class=\"_\"> </span>investimenti <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_ _1\"> </span>titoli <span class=\"_\"> </span>azionari <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_\"> </span>quotate, <span class=\"_ _1\"> </span>obbligaz<span class=\"_ _0\"></span>ioni emesse da soc<span class=\"_ _0\"></span>iet\u00e0 ad e<span class=\"_ _0\"></span>levato rat<span class=\"_ _0\"></span>ing, fondi az<span class=\"_ _0\"></span>ionari ed<span class=\"_ _0\"></span> obbligazionar<span class=\"_ _0\"></span>i<span class=\"fc0\">.</span> In consegu<span class=\"_ _0\"></span>enza della natura, <span class=\"_ _a\"> </span>dell\u2019importo <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ating <span class=\"_\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _a\"> </span>emittenti, <span class=\"_ _a\"> </span>i <span class=\"_\"> </span>rischi <span class=\"_\"> </span>di<span class=\"_ _0\"></span> <span class=\"_\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_\"> </span>legat<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>alla <span class=\"_\"> </span>possibi<span class=\"_ _0\"></span>le inadempienza <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>mittenti <span class=\"_ _d\"></span>strumenti <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari, <span class=\"_ _d\"></span>iscritti <span class=\"_ _d\"></span>nell\u2019attivo <span class=\"_ _d\"></span>circolante <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>voc<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Attivit\u00e0<span class=\"_ _0\"></span> finanziarie a<span class=\"_ _0\"></span>l fair value imput<span class=\"_ _0\"></span>ato a con<span class=\"_ _0\"></span>to economico, s<span class=\"_ _0\"></span>ono ritenuti <span class=\"_ _0\"></span>non significativ<span class=\"_ _0\"></span>i. Altre attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie e c<span class=\"_ _0\"></span>rediti finanziari<span class=\"_ _0\"></span> Nell\u2019esercizio <span class=\"_ _13\"> </span>pr<span class=\"_ _0\"></span>ecedente <span class=\"_ _13\"> </span>il <span class=\"_ _13\"> </span>C<span class=\"_ _0\"></span>onsiglio <span class=\"_ _13\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>Amminis<span class=\"_ _0\"></span>trazione <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _13\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _13\"> </span>aveva<span class=\"_ _0\"></span> approvato <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>finanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"> </span>inter<span class=\"_ _0\"></span>company <span class=\"_ _5\"></span>tra <span class=\"_ _5\"> </span>la <span class=\"_ _5\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _5\"></span>Zucchi <span class=\"_ _5\"> </span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>control<span class=\"_ _0\"></span>lante Zucchi <span class=\"_ _3\"></span>S.p.A.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>1.150<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>preve<span class=\"_ _0\"></span>deva <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>decor<span class=\"_ _0\"></span>rere <span class=\"_ _d\"></span>dalla <span class=\"_ _3\"></span>data del <span class=\"_ _3\"></span>30 <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>calcola<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>ad <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tass<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>500 <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>unti <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>anno, <span class=\"_ _d\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>un anno di 365 g<span class=\"_ _0\"></span>iorni, per il nu<span class=\"_ _0\"></span>mero effettivo di<span class=\"_ _0\"></span> giorni tras<span class=\"_ _0\"></span>corsi.  Alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>30 g<span class=\"_ _0\"></span>iugno <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 la <span class=\"_ _0\"></span>cont<span class=\"_ _0\"></span>rollante <span class=\"_ _0\"></span>Zuc<span class=\"_ _0\"></span>chi S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _0\"></span>ha r<span class=\"_ _0\"></span>imborsato<span class=\"_ _0\"></span> alla <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>in <span class=\"_\"> </span>un\u2019unica <span class=\"_\"> </span>soluzione <span class=\"_\"> </span>il <span class=\"_\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nteres<span class=\"_ _0\"></span>si <span class=\"_\"> </span>maturati <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>u<span class=\"_ _0\"></span>n importo comples<span class=\"_ _0\"></span>sivo di 1.2<span class=\"_ _0\"></span>07 migliaia di<span class=\"_ _0\"></span> Euro. Garanzie prest<span class=\"_ _0\"></span>ate, impegn<span class=\"_ _0\"></span>i e altre pas<span class=\"_ _0\"></span>sivit\u00e0 potenziali<span class=\"_ _0\"></span> Garanzie prest<span class=\"_ _0\"></span>ate Al <span class=\"_\"> </span>3<span class=\"_ _2\"></span>1 <span class=\"_\"> </span>dicembre <span class=\"_\"> </span>2022 <span class=\"_\"> </span>i<span class=\"_ _2\"></span>l <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_\"> </span>i<span class=\"_ _2\"></span>n <span class=\"_\"> </span>essere <span class=\"_ _1\"> </span>fid<span class=\"_ _0\"></span>eiussioni <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>fav<span class=\"_ _0\"></span>ore <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>ter<span class=\"_ _0\"></span>zi <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>utenze<span class=\"_ _0\"></span> energetiche, <span class=\"_ _0\"></span>cauzion<span class=\"_ _0\"></span>i doga<span class=\"_ _0\"></span>nali, co<span class=\"_ _0\"></span>ncession<span class=\"_ _0\"></span>i pubbl<span class=\"_ _0\"></span>iche <span class=\"_ _0\"></span>e contra<span class=\"_ _0\"></span>tti d'af<span class=\"_ _0\"></span>fitto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>azienda p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>1,9 milioni di Euro (<span class=\"_ _0\"></span>1,9 milioni d<span class=\"_ _0\"></span>i Euro al 31 d<span class=\"_ _0\"></span>icembre 2021<span class=\"_ _0\"></span>). Il fair value d<span class=\"_ _0\"></span>elle garanzie <span class=\"_ _0\"></span>e degli im<span class=\"_ _0\"></span>pegni di cui sopr<span class=\"_ _0\"></span>a \u00e8 pari a z<span class=\"_ _0\"></span>ero. Altri contratti e d<span class=\"_ _0\"></span>iritti contr<span class=\"_ _0\"></span>attuali rilevanti<span class=\"_ _0\"></span> Contratti di lice<span class=\"_ _0\"></span>nza Al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>2 <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>contratto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>licenz<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>terzi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>adenza nel <span class=\"_ _0\"></span>2023. <span class=\"_ _0\"></span>Ta<span class=\"_ _0\"></span>li c<span class=\"_ _0\"></span>ontratti <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>edono <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>ricon<span class=\"_ _0\"></span>oscimento<span class=\"_ _0\"></span> a<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>licenzia<span class=\"_ _0\"></span>nti d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>royalt<span class=\"_ _0\"></span>ies <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mpensi <span class=\"_ _0\"></span>in percentuale <span class=\"_ _d\"></span>sul <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>atturato <span class=\"_ _d\"></span>netto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>alle <span class=\"_ _d\"></span>vendite<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _d\"></span>re<span class=\"_ _0\"></span>lative <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ollezioni, <span class=\"_ _d\"></span>ta<span class=\"_ _0\"></span>lvolta <span class=\"_ _d\"></span>con degli importi mi<span class=\"_ _0\"></span>nimi garantit<span class=\"_ _0\"></span>i annuali. Tali <span class=\"_ _5\"></span>minim<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>g<span class=\"_ _0\"></span>arantiti <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"> </span>dov<span class=\"_ _0\"></span>uti <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>caso <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>resc<span class=\"_ _0\"></span>issione <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"> </span>l\u2019<span class=\"_ _0\"></span>anno <span class=\"_ _5\"> </span>in <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _5\"> </span>lo stesso viene res<span class=\"_ _0\"></span>cisso e quello s<span class=\"_ _0\"></span>uccessivo.<span class=\"_ _0\"></span> In <span class=\"_\"> </span>ogni <span class=\"_ _a\"> </span>caso <span class=\"_\"> </span>il <span class=\"_\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_\"> </span>la <span class=\"_\"> </span>poss<span class=\"_ _0\"></span>ibilit\u00e0 <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>uscire <span class=\"_\"> </span>unilat<span class=\"_ _0\"></span>eralmente <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>al <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontratto <span class=\"_\"> </span>senz<span class=\"_ _0\"></span>a corrispondere <span class=\"_\"> </span>i <span class=\"_ _1\"> </span>minimi<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>cui <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>opra <span class=\"_\"> </span>nel <span class=\"_ _1\"> </span>caso<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>in <span class=\"_\"> </span>cui <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>licenz<span class=\"_ _0\"></span>iatario <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>adem<span class=\"_ _0\"></span>pisse <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>gli obblighi <span class=\"_ _8\"> </span>con<span class=\"_ _0\"></span>trattuali <span class=\"_ _9\"> </span>consistenti <span class=\"_ _9\"> </span>nello <span class=\"_ _9\"> </span>svolgimento <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>alcune <span class=\"_ _8\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _8\"> </span>op<span class=\"_ _0\"></span>erative <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la realizzazione de<span class=\"_ _0\"></span>i prodotti oggett<span class=\"_ _0\"></span>o della licenz<span class=\"_ _0\"></span>a. Cessioni di cr<span class=\"_ _0\"></span>editi A <span class=\"_ _1\"> </span>sos<span class=\"_ _0\"></span>tegno <span class=\"_\"> </span>delle <span class=\"_ _1\"> </span>esige<span class=\"_ _0\"></span>nze <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>assa, <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>posto <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>ess<span class=\"_ _0\"></span>ere <span class=\"_\"> </span>operazioni <span class=\"_ _1\"> </span>di<span class=\"_ _0\"></span> cessione <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _3\"></span>av<span class=\"_ _0\"></span>venut<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _d\"></span>pro <span class=\"_ _d\"></span>soluto. <span class=\"_ _d\"></span>Perta<span class=\"_ _0\"></span>nto, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>crediti, <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>circ<span class=\"_ _0\"></span>a 13 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>sta<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>liminati <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l\u2019importo <span class=\"_ _3\"></span>incassat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Facto<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>netto<span class=\"_ _0\"></span> di interessi per c<span class=\"_ _0\"></span>irca 486 mi<span class=\"_ _0\"></span>gliaia di Euro, \u00e8<span class=\"_ _0\"></span> stato conta<span class=\"_ _0\"></span>bilizzato tra l<span class=\"_ _0\"></span>e disponibilit\u00e0 l<span class=\"_ _0\"></span>iquide.  Passivit\u00e0 potenzi<span class=\"_ _0\"></span>ali Il <span class=\"_ _3\"></span>Gruppo, <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>perando <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>livello <span class=\"_ _3\"></span>internaziona<span class=\"_ _0\"></span>le, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>espos<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>numerosi <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>legali, <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>norme <span class=\"_ _3\"></span>a tutela della <span class=\"_ _0\"></span>concorrenz<span class=\"_ _0\"></span>a e <span class=\"_ _0\"></span>di ambiente <span class=\"_ _0\"></span>e in <span class=\"_ _0\"></span>materia f<span class=\"_ _0\"></span>iscale o c<span class=\"_ _0\"></span>ontributiva. <span class=\"_ _0\"></span>\u00c8 possibil<span class=\"_ _0\"></span>e che gli<span class=\"_ _0\"></span> esiti <span class=\"_ _b\"> </span>giud<span class=\"_ _0\"></span>iziari <span class=\"_ _b\"> </span>pos<span class=\"_ _0\"></span>sano <span class=\"_ _14\"> </span>determinare <span class=\"_ _14\"> </span>o<span class=\"_ _0\"></span>neri <span class=\"_ _b\"> </span>non <span class=\"_ _14\"> </span>copert<span class=\"_ _0\"></span>i, <span class=\"_ _b\"> </span>o <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>totalmente <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>operti, <span class=\"_ _b\"> </span>da indennizzi <span class=\"_ _e\"> </span>assicurat<span class=\"_ _0\"></span>ivi <span class=\"_ _e\"> </span>aventi <span class=\"_ _e\"> </span>pertan<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>effetti <span class=\"_ _e\"> </span>sulla <span class=\"_ _e\"> </span>si<span class=\"_ _0\"></span>tuazione <span class=\"_ _e\"> </span>fina<span class=\"_ _0\"></span>nziaria <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>sui <span class=\"_ _e\"> </span>ris<span class=\"_ _0\"></span>ultati <span class=\"_ _e\"> </span>del Gruppo. <span class=\"_\"> </span>Alla <span class=\"_ _1\"> </span>data <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>bilan<span class=\"_ _0\"></span>cio <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>Gruppo <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>ha <span class=\"_\"> </span>passivit\u00e0 <span class=\"_ _1\"> </span>potenz<span class=\"_ _0\"></span>iali <span class=\"_\"> </span>tali <span class=\"_ _1\"> </span>da <span class=\"_\"> </span>necessitare stanziamenti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>fondi <span class=\"_ _e\"> </span>rischi <span class=\"_ _e\"> </span>ed <span class=\"_ _e\"> </span>oneri <span class=\"_ _e\"> </span>in <span class=\"_ _e\"> </span>quanto <span class=\"_ _e\"> </span>ritiene <span class=\"_ _e\"> </span>non <span class=\"_ _e\"> </span>vi <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ia <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>esborso <span class=\"_ _e\"> </span>probabile <span class=\"_ _e\"> </span>di risorse.  Laddove <span class=\"_ _d\"></span>sia <span class=\"_ _5\"></span>probabile <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sar\u00e0 <span class=\"_ _d\"></span>dovut<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>esbor<span class=\"_ _0\"></span>so <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>risor<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>adempi<span class=\"_ _0\"></span>ere <span class=\"_ _d\"></span>a delle <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>tale <span class=\"_ _5\"></span>importo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>sia <span class=\"_ _5\"></span>sti<span class=\"_ _0\"></span>mabile <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>modo <span class=\"_ _5\"></span>attendibile,<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _d\"></span>ha <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>ffettuato<span class=\"_ _0\"></span> specifici accanto<span class=\"_ _0\"></span>namenti a <span class=\"_ _0\"></span>fondi rischi <span class=\"_ _0\"></span>ed oneri (vedi <span class=\"_ _0\"></span>Nota 24).6.2.1 Rischio di credito Il valore c<span class=\"_ _0\"></span>ontabile delle a<span class=\"_ _0\"></span>ttivit\u00e0 fina<span class=\"_ _0\"></span>nziarie rappres<span class=\"_ _0\"></span>enta l\u2019es<span class=\"_ _0\"></span>posizione m<span class=\"_ _0\"></span>assima del <span class=\"_ _0\"></span>Gruppo a<span class=\"_ _0\"></span>l rischio di cred<span class=\"_ _0\"></span>ito. Alla data <span class=\"_ _0\"></span>di chiusura del<span class=\"_ _0\"></span>l\u2019esercizio tal<span class=\"_ _0\"></span>e esposizione er<span class=\"_ _0\"></span>a la seguente:<span class=\"_ _0\"></span> 2022<span class=\"_ _10c\"> </span>2021Svalutazioni Svalutazioni<span class=\"_ _0\"></span> Valori l<span class=\"_ _0\"></span>ordiValori lordi(in migliaia di Euro)Attualizzaz.Attualizzaz.Attivit\u00e0 finanziarie correnti<span class=\"_ _0\"></span> e non co<span class=\"_ _0\"></span>rrentiAttivit\u00e0 finanzia<span class=\"_ _0\"></span>rie al<span class=\"_ _0\"></span> fair value <span class=\"_ _0\"></span>rilevato a conto ec<span class=\"_ _0\"></span>onomic<span class=\"_ _0\"></span>o-<span class=\"_ _124\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _2f\"> </span>-<span class=\"_ _125\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _126\"> </span>-<span class=\"_ _127\"></span>       <span class=\"_ _0\"></span>      <span class=\"_ _29\"> </span>-<span class=\"_ _128\"></span>              Crediti comm<span class=\"_ _0\"></span>ercial<span class=\"_ _0\"></span>i 16.852(4.140)21.879(4.621)Crediti fin<span class=\"_ _0\"></span>anziari verso <span class=\"_ _0\"></span>controllant<span class=\"_ _0\"></span>e--1.179-Crediti fin<span class=\"_ _0\"></span>anziari verso <span class=\"_ _0\"></span>correlate----Disponib<span class=\"_ _0\"></span>ilit\u00e0 liqui<span class=\"_ _0\"></span>de e m<span class=\"_ _0\"></span>ezzi equivalenti16.177-25.311-Altri credit<span class=\"_ _0\"></span>i8.921-5.716-Contratti a<span class=\"_ _0\"></span> termine <span class=\"_ _0\"></span>su camb<span class=\"_ _0\"></span>i:----Attivit\u00e0 per <span class=\"_ _0\"></span>derivati----41.950(4.140)54.085(4.621)La <span class=\"_ _e\"> </span>voce <span class=\"_ _f\"> </span>\u201cCrediti <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mmerci<span class=\"_ _0\"></span>ali\u201d <span class=\"_ _e\"> </span>inc<span class=\"_ _0\"></span>ludeva <span class=\"_ _e\"> </span>nel<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _f\"> </span>precedente <span class=\"_ _e\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>credit<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>verso<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>parte correlata <span class=\"_ _3\"></span>Descamps <span class=\"_ _3\"></span>SAS <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>complessivi <span class=\"_ _3\"></span>5.91<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span>(al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>attualizz<span class=\"_ _0\"></span>azioni 598 migliaia d<span class=\"_ _0\"></span>i Euro), princi<span class=\"_ _0\"></span>palmente derivant<span class=\"_ _0\"></span>i da cess<span class=\"_ _0\"></span>ioni di merci <span class=\"_ _0\"></span>e servizi. I <span class=\"_ _5\"></span>crediti <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontrollante <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>riferiva<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>2021 <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanzi<span class=\"_ _0\"></span>amento <span class=\"_ _5\"></span>inte<span class=\"_ _0\"></span>rcompany tra la <span class=\"_ _0\"></span>Vincenz<span class=\"_ _0\"></span>o Zucchi<span class=\"_ _0\"></span> S.p.<span class=\"_ _0\"></span>A. e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>controllan<span class=\"_ _0\"></span>te Zucch<span class=\"_ _0\"></span>i S.p.<span class=\"_ _0\"></span>A.. <span class=\"_ _0\"></span>Come <span class=\"_ _0\"></span>gi\u00e0 segn<span class=\"_ _0\"></span>alato, <span class=\"_ _0\"></span>alla dat<span class=\"_ _0\"></span>a di <span class=\"_ _f\"> </span>scadenz<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>finale <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>30 <span class=\"_ _f\"> </span>giugno <span class=\"_ _1\"> </span>2022 <span class=\"_ _f\"> </span>la <span class=\"_ _1\"> </span>controllante <span class=\"_ _f\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _1\"> </span>S.p.A. <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>mborsato <span class=\"_ _1\"> </span>alla Capogruppo <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>un\u2019unica <span class=\"_ _5\"></span>so<span class=\"_ _0\"></span>luzione <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>finanziamento <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>gli <span class=\"_ _d\"></span>inter<span class=\"_ _0\"></span>essi <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>importo<span class=\"_ _0\"></span> complessivo d<span class=\"_ _0\"></span>i 1.207 migliaia d<span class=\"_ _0\"></span>i Euro. Il <span class=\"_ _5\"></span>rischio <span class=\"_ _e\"> </span>massimo <span class=\"_ _e\"> </span>derivant<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>dal<span class=\"_ _0\"></span>l\u2019eventuale <span class=\"_ _5\"></span>es<span class=\"_ _0\"></span>cussione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>garanz<span class=\"_ _0\"></span>ie <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>5,2 <span class=\"_ _e\"> </span>milioni <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> Euro <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>fro<span class=\"_ _0\"></span>nte <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>ideiussioni <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>favore <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>t<span class=\"_ _0\"></span>erzi <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>utenz<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>energetich<span class=\"_ _0\"></span>e, <span class=\"_ _e\"> </span>cauzi<span class=\"_ _0\"></span>oni <span class=\"_ _e\"> </span>doga<span class=\"_ _0\"></span>nali, concessioni <span class=\"_ _5\"></span>pubbliche <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _5\"></span>d'affitto <span class=\"_ _5\"></span>d\u2019aziend<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>loc<span class=\"_ _0\"></span>azioni <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _d\"></span>(6,<span class=\"_ _0\"></span>0 <span class=\"_ _5\"></span>milioni <span class=\"_ _5\"></span>di Euro al 31 dicem<span class=\"_ _0\"></span>bre 2021).<span class=\"_ _0\"></span> La <span class=\"_ _8\"> </span>m<span class=\"_ _0\"></span>assima <span class=\"_ _9\"> </span>es<span class=\"_ _0\"></span>posizione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>al <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>redito <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>fine <span class=\"_ _9\"> </span>esercizio <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>erivante <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>rediti commerciali, s<span class=\"_ _0\"></span>uddivisa per <span class=\"_ _0\"></span>regione geografica<span class=\"_ _0\"></span>, era la s<span class=\"_ _0\"></span>eguente: 2022<span class=\"_ _10c\"> </span>2021(in migliaia di Euro)Valori lo<span class=\"_ _0\"></span>rdiSvalutazioniValori lo<span class=\"_ _0\"></span>rdiSvalutazioniItalia8.186(3.610)9.985(3.614)Francia2.291(26)6.468(598)Altri paes<span class=\"_ _0\"></span>i europe<span class=\"_ _0\"></span>i5.431(319)5.373(382)Altri paes<span class=\"_ _0\"></span>i extraeuropei944(185)53(27)Totale16.852(4.140)21.879(4.621)La <span class=\"_ _8\"> </span>m<span class=\"_ _0\"></span>assima <span class=\"_ _9\"> </span>es<span class=\"_ _0\"></span>posizione<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>al <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>redito <span class=\"_ _9\"> </span>a <span class=\"_ _10\"> </span>fine <span class=\"_ _9\"> </span>esercizio <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>erivante <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>c<span class=\"_ _0\"></span>rediti commerciali, s<span class=\"_ _0\"></span>uddivisa per <span class=\"_ _0\"></span>tipologia di client<span class=\"_ _0\"></span>ela (cana<span class=\"_ _0\"></span>le distributivo)<span class=\"_ _0\"></span>, era la segu<span class=\"_ _0\"></span>ente: 2022<span class=\"_ _10c\"> </span>2021(in migliaia di Euro)Valori l<span class=\"_ _0\"></span>ordiSvalutazioniValori lordiSvalutazioniDettaglio e<span class=\"_ _0\"></span> Affiliat<span class=\"_ _0\"></span>i<span class=\"_ _129\"> </span>12.904<span class=\"_ _12a\"></span>          <span class=\"_ _0\"></span> <span class=\"_ _7a\"> </span>(3.233)<span class=\"_ _22\"> </span>10.782<span class=\"_ _124\"></span>   <span class=\"_ _0\"></span>    <span class=\"_ _8a\"> </span>(2.41<span class=\"_ _0\"></span>1)Ingrosso833(42)178(36)Grande Distri<span class=\"_ _0\"></span>b. Organizzata e <span class=\"_ _0\"></span>Promoz.1.583(605)3.949(714)Altri1.532(260)6.970(1.460)Totale16.852(4.140)21.879(4.621)Il canale \u201cAltri\u201d \u00e8 r<span class=\"_ _0\"></span>iferito in par<span class=\"_ _0\"></span>ticolar modo <span class=\"_ _0\"></span>alle vendit<span class=\"_ _0\"></span>e industriali. L\u2019anzianit\u00e0 de<span class=\"_ _0\"></span>i crediti com<span class=\"_ _0\"></span>merciali alla data <span class=\"_ _0\"></span>di bilancio er<span class=\"_ _0\"></span>a la seguente:<span class=\"_ _0\"></span> 2022<span class=\"_ _10c\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Valori lo<span class=\"_ _0\"></span>rdiSvalutazioniValori lord<span class=\"_ _0\"></span>iSvalutazioniNon ancora <span class=\"_ _0\"></span>scaduti12.492(2.018)13.518(2.404)Scaduti da<span class=\"_ _0\"></span> 1-30 gi<span class=\"_ _0\"></span>orni545(6)1.004(20)Scaduti da<span class=\"_ _0\"></span> 31-120 g<span class=\"_ _0\"></span>iorni279(6)2.510(175)Oltre3.536(2.110)4.847(2.022)Totale16.852(4.140)21.879(4.621)I <span class=\"_ _d\"></span>movimenti <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>svalutazione <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>merciali <span class=\"_ _d\"></span>nel <span class=\"_ _d\"></span>corso <span class=\"_ _5\"></span>dell\u2019esercizio <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ati <span class=\"_ _d\"></span>i seguenti: 2022<span class=\"_ _69\"> </span>2021(in migliaia di Euro)Saldo al 1\u00b0 gennai<span class=\"_ _2\"></span>o 4.6215.327Perdita di valore de<span class=\"_ _2\"></span>ll'esercizio 12553Utilizzi dell'esercizio(67)(43)Rilascio dell'e<span class=\"_ _2\"></span>sercizio(720)Differenze di conver<span class=\"_ _2\"></span>sione144Apporto per acqui<span class=\"_ _2\"></span>sizione Descamps45-Eliminazione fon<span class=\"_ _2\"></span>do svalutazione crediti Desca<span class=\"_ _2\"></span>mps(598)-Saldo al 31 dicembre4.1404.621L\u2019utilizzo <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>fondo<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>svalutazione <span class=\"_ _e\"> </span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>princi<span class=\"_ _0\"></span>palmente <span class=\"_ _e\"> </span>imputabile <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _e\"> </span>stralcio<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>lcuni crediti <span class=\"_ _3\"></span>divenuti <span class=\"_ _3\"></span>inesigib<span class=\"_ _0\"></span>ili <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>seguito <span class=\"_ _3\"></span>dell\u2019attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>recupero <span class=\"_ _3\"></span>posta <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ess<span class=\"_ _0\"></span>ere <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>l\u2019assistenza<span class=\"_ _0\"></span> del legale. L\u2019eliminazione <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>fondo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _b\"> </span>crediti <span class=\"_ _b\"> </span>verso <span class=\"_ _b\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _b\"> </span>(598 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>Euro<span class=\"_ _0\"></span>) consegue <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>integrale <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>controllata<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>princip<span class=\"_ _0\"></span>iato <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>rente <span class=\"_ _0\"></span>eserc<span class=\"_ _0\"></span>izio <span class=\"_ _0\"></span>ed alla realtiva e<span class=\"_ _0\"></span>liminazione d<span class=\"_ _0\"></span>ei crediti e deb<span class=\"_ _0\"></span>iti reciproci. Il <span class=\"_\"> </span>rilascio <span class=\"_ _a\"> </span>dell\u2019esercizio <span class=\"_ _a\"> </span>2021 <span class=\"_\"> </span>comprend<span class=\"_ _0\"></span>eva <span class=\"_\"> </span>638 <span class=\"_ _a\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro, <span class=\"_\"> </span>relativi <span class=\"_ _a\"> </span>alla <span class=\"_\"> </span>corr<span class=\"_ _0\"></span>elata Descamps <span class=\"_\"> </span>S.A.<span class=\"_ _0\"></span>S. <span class=\"_\"> </span>di <span class=\"_\"> </span>cui <span class=\"_\"> </span>484 <span class=\"_\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>relat<span class=\"_ _0\"></span>ivi <span class=\"_\"> </span>alla <span class=\"_\"> </span>procedura <span class=\"_\"> </span>di <span class=\"_\"> </span>R\u00e8dr<span class=\"_ _0\"></span>essement judiciaire.   La <span class=\"_ _e\"> </span>perdita <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>val<span class=\"_ _0\"></span>ore <span class=\"_ _f\"> </span>dell'esercizio, <span class=\"_ _f\"> </span>imputata <span class=\"_ _e\"> </span>tr<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>spese <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>vendita <span class=\"_ _f\"> </span>viene <span class=\"_ _f\"> </span>determinata <span class=\"_ _f\"> </span>in modo <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>sal<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fond<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>svalutaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>fine <span class=\"_ _d\"></span>dell'eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>rappresen<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>gionevole<span class=\"_ _0\"></span> riduzione <span class=\"_ _e\"> </span>del <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>attivit\u00e0 <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ie <span class=\"_ _5\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>fr<span class=\"_ _0\"></span>onte <span class=\"_ _e\"> </span>dei <span class=\"_ _5\"> </span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _e\"> </span>ritenuti <span class=\"_ _e\"> </span>inesigibil<span class=\"_ _0\"></span>i. <span class=\"_ _5\"></span>Essa <span class=\"_ _e\"> </span>\u00e8 determinata <span class=\"_\"> </span>sulla <span class=\"_ _a\"> </span>base <span class=\"_\"> </span>di <span class=\"_\"> </span>dati <span class=\"_\"> </span>storici <span class=\"_\"> </span>relativi <span class=\"_\"> </span>al<span class=\"_ _0\"></span>le <span class=\"_\"> </span>perdite <span class=\"_\"> </span>su <span class=\"_\"> </span>crediti <span class=\"_\"> </span>e <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_\"> </span>ragionevoli prospettive <span class=\"_\"> </span>d<span class=\"_ _2\"></span>i <span class=\"_ _1\"> </span>incas<span class=\"_ _0\"></span>so, <span class=\"_ _1\"> </span>applicando <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>tutt<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>i <span class=\"_ _1\"> </span>crediti <span class=\"_\"> </span>in <span class=\"_ _1\"> </span>essere <span class=\"_ _1\"> </span>percentuali <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>svalutazione diverse a seco<span class=\"_ _0\"></span>nda dell\u2019anzi<span class=\"_ _0\"></span>anit\u00e0 del cred<span class=\"_ _0\"></span>ito.  Il <span class=\"_ _a\"> </span>Gruppo <span class=\"_ _a\"> </span>utilizza <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>fondi <span class=\"_ _a\"> </span>svalutazione <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>riconoscere <span class=\"_ _a\"> </span>le <span class=\"_ _a\"> </span>perdite <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>valore <span class=\"_ _a\"> </span>sui <span class=\"_ _a\"> </span>crediti commerciali; <span class=\"_ _d\"></span>tuttavi<span class=\"_ _0\"></span>a, <span class=\"_ _d\"></span>quando <span class=\"_ _d\"></span>vi <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>certezza <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>sar\u00e0 <span class=\"_ _d\"></span>pos<span class=\"_ _0\"></span>sibile <span class=\"_ _d\"></span>recuperar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>\u2019importo dovuto, <span class=\"_ _e\"> </span>l\u2019ammontar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>consi<span class=\"_ _0\"></span>derato <span class=\"_ _e\"> </span>irrecuperab<span class=\"_ _0\"></span>ile <span class=\"_ _e\"> </span>viene <span class=\"_ _e\"> </span>diret<span class=\"_ _0\"></span>tamente <span class=\"_ _e\"> </span>storna<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>rel<span class=\"_ _0\"></span>ativa attivit\u00e0 f<span class=\"_ _0\"></span>inanziaria c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>contropartita, <span class=\"_ _0\"></span>fino <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>capienza, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>svalutaz<span class=\"_ _0\"></span>ione e, <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l'eventua<span class=\"_ _0\"></span>le eccedenza, il c<span class=\"_ _0\"></span>onto econo<span class=\"_ _0\"></span>mico. Per qua<span class=\"_ _0\"></span>nto c<span class=\"_ _0\"></span>oncerne <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>movi<span class=\"_ _0\"></span>menti de<span class=\"_ _0\"></span>l fon<span class=\"_ _0\"></span>do s<span class=\"_ _0\"></span>valutazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>crediti c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i, incl<span class=\"_ _0\"></span>usivo del<span class=\"_ _0\"></span>le attualizzazioni eff<span class=\"_ _0\"></span>ettuate, s<span class=\"_ _0\"></span>i rinvia a q<span class=\"_ _0\"></span>uanto esposto n<span class=\"_ _0\"></span>elle note es<span class=\"_ _0\"></span>plicative al b<span class=\"_ _0\"></span>ilancio. Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o, <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>polizza <span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>icurativa <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>garanzia <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>validit\u00e0 <span class=\"_ _0\"></span>ed esigibilit\u00e0 <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>pro<span class=\"_ _0\"></span>pri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _d\"></span>commerciali <span class=\"_ _3\"></span>anche <span class=\"_ _3\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>anticipazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e/o <span class=\"_ _3\"></span>sconto <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>valere<span class=\"_ _0\"></span> sulle <span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>entual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nee <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dito <span class=\"_ _3\"></span>autoliquidant<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>accordate, <span class=\"_ _3\"></span>emesse <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>pertura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>grale <span class=\"_ _3\"></span>degli importi finanziati <span class=\"_ _0\"></span>dalle Ba<span class=\"_ _0\"></span>nche Finanziatrici <span class=\"_ _0\"></span>attraverso tali<span class=\"_ _0\"></span> linee.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__53-1": {
   "value": "6.1.2 Rischio di liquidit\u00e0 Il <span class=\"_ _0\"></span>rischio <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>liquidit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>abbia <span class=\"_ _3\"></span>difficolt\u00e0 <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>adempier<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alle <span class=\"_ _3\"></span>obbligazioni associate <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziarie. <span class=\"_ _a\"> </span>L\u2019approccio <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>Gruppo<span class=\"_ _0\"></span> <span class=\"_\"> </span>nella <span class=\"_ _a\"> </span>gestione <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>liquid<span class=\"_ _0\"></span>it\u00e0 prevede <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>g<span class=\"_ _0\"></span>arantire, <span class=\"_ _b\"> </span>per <span class=\"_ _a\"> </span>quanto <span class=\"_ _a\"> </span>poss<span class=\"_ _0\"></span>ibile, <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _a\"> </span>vi<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>siano <span class=\"_ _a\"> </span>sem<span class=\"_ _0\"></span>pre <span class=\"_ _a\"> </span>fondi <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>ufficienti <span class=\"_ _a\"> </span>per adempiere <span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oprie <span class=\"_ _0\"></span>obbligazion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>alla s<span class=\"_ _0\"></span>cadenz<span class=\"_ _0\"></span>a, s<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _0\"></span>normali <span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>tensione finanziaria, <span class=\"_ _5\"></span>senz<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>dover <span class=\"_ _5\"></span>sostenere <span class=\"_ _5\"> </span>oner<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ignificativi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>rischiare <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>anneggiare <span class=\"_ _5\"></span>la <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ia reputazione, <span class=\"_ _1\"> </span>grazie <span class=\"_ _1\"> </span>anche <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>sup<span class=\"_ _0\"></span>porto <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>forn<span class=\"_ _0\"></span>itori <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _1\"> </span>hanno <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onsentito <span class=\"_ _1\"> </span>di adottare una <span class=\"_ _0\"></span>leva finanziar<span class=\"_ _0\"></span>ia ritardando i <span class=\"_ _0\"></span>pagamenti d<span class=\"_ _0\"></span>ovuti. I maggiori f<span class=\"_ _0\"></span>abbisog<span class=\"_ _0\"></span>ni di cas<span class=\"_ _0\"></span>sa s<span class=\"_ _0\"></span>i evidenziano, per<span class=\"_ _0\"></span> effett<span class=\"_ _0\"></span>o della <span class=\"_ _0\"></span>stagionalit\u00e0 <span class=\"_ _0\"></span>del busi<span class=\"_ _0\"></span>ness, <span class=\"_ _0\"></span>nel periodo compreso tr<span class=\"_ _0\"></span>a i mes<span class=\"_ _0\"></span>i di maggio <span class=\"_ _0\"></span>e settembre. Generalmente, <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>assicura <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>vi <span class=\"_ _3\"></span>siano <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0 <span class=\"_ _3\"></span>liqu<span class=\"_ _0\"></span>ide <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>vista <span class=\"_ _3\"></span>suf<span class=\"_ _0\"></span>ficienti <span class=\"_ _3\"></span>per coprire <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>necessit<span class=\"_ _0\"></span>\u00e0 <span class=\"_\"> </span>generate <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>al <span class=\"_\"> </span>ciclo <span class=\"_ _1\"> </span>oper<span class=\"_ _0\"></span>ativo <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>dagli <span class=\"_\"> </span>investimenti, <span class=\"_\"> </span>compre<span class=\"_ _0\"></span>si <span class=\"_\"> </span>i<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>cos<span class=\"_ _0\"></span>ti relativi <span class=\"_ _a\"> </span>alle <span class=\"_ _a\"> </span>passivit\u00e0 <span class=\"_ _a\"> </span>finanziarie. <span class=\"_ _a\"> </span>I <span class=\"_ _a\"> </span>servizi <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>tesoreria <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _a\"> </span>effettua<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>in <span class=\"_ _a\"> </span>modo continuativo <span class=\"_ _3\"></span>previsi<span class=\"_ _0\"></span>oni <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>inanziarie <span class=\"_ _3\"></span>basate <span class=\"_ _3\"></span>sulle <span class=\"_ _3\"></span>entrate <span class=\"_ _3\"></span>ed <span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>cite <span class=\"_ _3\"></span>attese <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>mesi <span class=\"_ _3\"></span>successivi<span class=\"_ _0\"></span> e <span class=\"_ _e\"> </span>adottano <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>conseg<span class=\"_ _0\"></span>uenti <span class=\"_ _e\"> </span>azioni <span class=\"_ _e\"> </span>corr<span class=\"_ _0\"></span>ettive. <span class=\"_ _e\"> </span>Tuttavia,<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>resta <span class=\"_ _e\"> </span>escluso <span class=\"_ _e\"> </span>l\u2019effett<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>potenzia<span class=\"_ _0\"></span>le <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i circostanze <span class=\"_ _f\"> </span>estreme <span class=\"_ _e\"> </span>che <span class=\"_ _f\"> </span>non <span class=\"_ _e\"> </span>possono <span class=\"_ _f\"> </span>esser <span class=\"_ _e\"> </span>ragione<span class=\"_ _0\"></span>volmente <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>iste, <span class=\"_ _e\"> </span>qual<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>le <span class=\"_ _f\"> </span>calamit\u00e0 naturali.  Si rinv<span class=\"_ _0\"></span>ia a<span class=\"_ _0\"></span>ltres\u00ec <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>paragrafo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dedicato <span class=\"_ _0\"></span>alla c<span class=\"_ _0\"></span>ontinuit\u00e0 <span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>endale p<span class=\"_ _0\"></span>er gl<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ulteriori <span class=\"_ _0\"></span>aspetti <span class=\"_ _0\"></span>relativi<span class=\"_ _0\"></span> al rischio liqui<span class=\"_ _0\"></span>dit\u00e0.6.2.2 Rischio di liquidit\u00e0 Le <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>adenze <span class=\"_ _3\"></span>contrattuali <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>finanziarie, <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>interessi <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ersare, <span class=\"_ _3\"></span>sono esposte nella t<span class=\"_ _0\"></span>abella segue<span class=\"_ _0\"></span>nte: 31 dicembre 2021Valore Flussi Fin<span class=\"_ _0\"></span>.  0-12 mesi<span class=\"_ _4d\"> </span>1-2 anni<span class=\"_ _3b\"> </span>2-<span class=\"_ _0\"></span>5 anni<span class=\"_ _e4\"> </span>Oltre <span class=\"_ _0\"></span>5 anni(in migliaia di Euro)contabilecontrattualiPassivit\u00e0 finanzi<span class=\"_ _0\"></span>arie non derivateBanche862862862---Leasing f<span class=\"_ _0\"></span>inanziari------Banche a m-<span class=\"_ _0\"></span>l/t17.33317.333807.1707.1762.907Debiti commer<span class=\"_ _0\"></span>ciali e al<span class=\"_ _0\"></span>tri debiti<span class=\"_ _12b\"> </span>30.393<span class=\"_ _a9\"> </span>30.393<span class=\"_ _26\"> </span>29.671<span class=\"_ _12c\"></span>       <span class=\"_ _38\"> </span>299<span class=\"_ _12d\"></span>              <span class=\"_ _0\"></span>  <span class=\"_ _90\"> </span>314<span class=\"_ _12c\"></span>     <span class=\"_ _0\"></span>       <span class=\"_ _d9\"> </span>10<span class=\"_ _0\"></span>9<span class=\"_ _12c\"></span>            Debiti verso altri f<span class=\"_ _0\"></span>inanziator<span class=\"_ _0\"></span>i------Debiti verso altri f<span class=\"_ _0\"></span>inanziator<span class=\"_ _0\"></span>i per Lease30.39230.3926.6825.65112.2245.835Elisione d<span class=\"_ _0\"></span>ebiti------Passivit\u00e0 finanzi<span class=\"_ _0\"></span>arie  derivateInterest ra<span class=\"_ _0\"></span>te swap di copert<span class=\"_ _0\"></span>ura------Contratti a termine su ca<span class=\"_ _0\"></span>mbiFlussi in e<span class=\"_ _0\"></span>ntrata------Flussi in u<span class=\"_ _0\"></span>scita-----31 dicembre 2022Valore Fluss<span class=\"_ _0\"></span>i Fin.  0-12 mes<span class=\"_ _0\"></span>i<span class=\"_ _6d\"> </span>1-2 anni<span class=\"_ _1e\"> </span>2-<span class=\"_ _0\"></span>5 anni<span class=\"_ _e4\"> </span>Oltre 5 anni(in migliaia di Euro)contabi<span class=\"_ _0\"></span>lecontrattualiPassivit\u00e0 finanziar<span class=\"_ _0\"></span>ie non derivateBanche4.6414.6414.641---Leasing finan<span class=\"_ _0\"></span>ziari------Banche a m-l<span class=\"_ _0\"></span>/t16.23916.239-8.5597.680-Debiti commer<span class=\"_ _0\"></span>ciali e alt<span class=\"_ _0\"></span>ri debiti<span class=\"_ _12e\"> </span>43.378<span class=\"_ _12f\"></span>       <span class=\"_ _90\"> </span>43.37<span class=\"_ _0\"></span>8<span class=\"_ _12f\"></span>   <span class=\"_ _2\"></span>    <span class=\"_ _90\"> </span>39.3<span class=\"_ _0\"></span>28<span class=\"_ _12f\"></span>       <span class=\"_ _69\"> </span>2.201<span class=\"_ _130\"></span>           <span class=\"_ _0\"></span>  <span class=\"_ _2a\"> </span>1.<span class=\"_ _0\"></span>849<span class=\"_ _12f\"></span>         <span class=\"_ _23\"> </span>-<span class=\"_ _131\"></span>           <span class=\"_ _0\"></span>  Debiti verso al<span class=\"_ _0\"></span>tri finanziatori653653447206--Debiti verso al<span class=\"_ _0\"></span>tri finanziatori per<span class=\"_ _0\"></span> Lease36.44036.4407.7767.02714.7146.923Elisione deb<span class=\"_ _0\"></span>iti------Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ie  derivateInterest rate <span class=\"_ _0\"></span>swap di copertura------Contratti a termine s<span class=\"_ _0\"></span>u cambiFlussi in<span class=\"_ _0\"></span> entrata------Flussi in<span class=\"_ _0\"></span> uscita-----I flussi futur<span class=\"_ _0\"></span>i indicizzati all\u2019<span class=\"_ _0\"></span>Euribor sono d<span class=\"_ _0\"></span>eterminati in f<span class=\"_ _0\"></span>unzione d<span class=\"_ _0\"></span>ell\u2019ultimo fix<span class=\"_ _0\"></span>ing dell\u2019Euribor.<span class=\"_ _0\"></span> Si evidenzia c<span class=\"_ _0\"></span>he alla data d<span class=\"_ _0\"></span>el 31 dicem<span class=\"_ _0\"></span>bre 2022 non<span class=\"_ _0\"></span> sono in esser<span class=\"_ _0\"></span>e lettere di credit<span class=\"_ _0\"></span>o. Per <span class=\"_ _f\"> </span>ogn<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>u<span class=\"_ _0\"></span>lteriore <span class=\"_ _1\"> </span>informazione <span class=\"_ _f\"> </span>sui <span class=\"_ _1\"> </span>rischi <span class=\"_ _1\"> </span>al <span class=\"_ _f\"> </span>sod<span class=\"_ _0\"></span>disfacimento <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>fabbis<span class=\"_ _0\"></span>ogni <span class=\"_ _1\"> </span>finanziari <span class=\"_ _1\"> </span>si rinvia al paragr<span class=\"_ _0\"></span>afo sulla \u201cContin<span class=\"_ _0\"></span>uit\u00e0 aziendal<span class=\"_ _0\"></span>e\u201d.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__54-1": {
   "value": "6.1.3 Rischio di mercato Il <span class=\"_ _e\"> </span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>ri<span class=\"_ _0\"></span>schio <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _f\"> </span>futuri <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>uno <span class=\"_ _f\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanz<span class=\"_ _0\"></span>iario fluttuino <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>vari<span class=\"_ _0\"></span>azioni <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>prezzi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>mercato <span class=\"_ _e\"> </span>per <span class=\"_ _5\"></span>effetto <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>variazi<span class=\"_ _0\"></span>oni <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"> </span>tassi <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> cambio, <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>interesse <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>ad <span class=\"_ _f\"> </span>altr<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>rezzo. <span class=\"_ _1\"> </span>L\u2019obiet<span class=\"_ _0\"></span>tivo <span class=\"_ _1\"> </span>della <span class=\"_ _1\"> </span>gestione <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>rischio <span class=\"_ _1\"> </span>di mercato <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>gestione <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>controllo <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019esposizione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>tal<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>risch<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>ntro <span class=\"_ _d\"></span>livelli accettabili ott<span class=\"_ _0\"></span>imizzando, allo <span class=\"_ _0\"></span>stesso tempo, <span class=\"_ _0\"></span>il rendimen<span class=\"_ _0\"></span>to degli investi<span class=\"_ _0\"></span>menti. Rischio di cambi<span class=\"_ _0\"></span>o Il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>op<span class=\"_ _0\"></span>era <span class=\"_ _d\"></span>int<span class=\"_ _0\"></span>ernazionalment<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sia <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _d\"></span>ac<span class=\"_ _0\"></span>quirente <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>merc<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>e <span class=\"_ _5\"></span>lavorazioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ome venditore <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>propri <span class=\"_ _0\"></span>prodotti<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ervizi ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>quindi <span class=\"_ _0\"></span>espos<span class=\"_ _0\"></span>to al <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutario d<span class=\"_ _0\"></span>erivante <span class=\"_ _0\"></span>dalle<span class=\"_ _0\"></span> fluttuazioni <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _a\"> </span>valute <span class=\"_ _b\"> </span>con <span class=\"_ _a\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>avvengono <span class=\"_ _a\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>trans<span class=\"_ _0\"></span>azioni <span class=\"_ _a\"> </span>commerciali<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>(soprattutto <span class=\"_ _a\"> </span>g<span class=\"_ _0\"></span>li acquisti), <span class=\"_\"> </span>in<span class=\"_ _2\"></span> <span class=\"_ _1\"> </span>particol<span class=\"_ _0\"></span>are <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>dollaro <span class=\"_\"> </span>statunitense. <span class=\"_ _1\"> </span>\u00c8 <span class=\"_\"> </span>p<span class=\"_ _2\"></span>olitica <span class=\"_\"> </span>del <span class=\"_ _f\"> </span>G<span class=\"_ _0\"></span>ruppo <span class=\"_\"> </span> <span class=\"_ _f\"> </span>fronte<span class=\"_ _0\"></span>ggiare, <span class=\"_ _1\"> </span>ove possibile, <span class=\"_ _f\"> </span>quest<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>rischi <span class=\"_ _f\"> </span>m<span class=\"_ _0\"></span>ediante <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>copert<span class=\"_ _0\"></span>ura <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>termine <span class=\"_ _1\"> </span>delle <span class=\"_ _f\"> </span>singo<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>posizioni <span class=\"_ _1\"> </span>valutarie attive e <span class=\"_ _0\"></span>passive <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>iste a <span class=\"_ _0\"></span>date <span class=\"_ _0\"></span>future; <span class=\"_ _0\"></span>la co<span class=\"_ _0\"></span>pertura,<span class=\"_ _0\"></span> che t<span class=\"_ _0\"></span>iene c<span class=\"_ _0\"></span>onto s<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span>el cambio <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>isto a <span class=\"_ _d\"></span>bud<span class=\"_ _0\"></span>get <span class=\"_ _5\"></span>sia <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>aspettat<span class=\"_ _0\"></span>ive <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>andame<span class=\"_ _0\"></span>nto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ambi, <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"> </span>attu<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>totali<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle posizioni <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>a, <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>tener <span class=\"_ _5\"> </span>conto <span class=\"_ _5\"></span>delle <span class=\"_ _5\"> </span>pos<span class=\"_ _0\"></span>sibili <span class=\"_ _5\"></span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>dell\u2019<span class=\"_ _0\"></span>entit\u00e0 <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _5\"></span>transazioni <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ispetto alle pr<span class=\"_ _0\"></span>evisioni <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>poter<span class=\"_ _0\"></span> s<span class=\"_ _0\"></span>fruttare <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mmercialmente <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ventuali v<span class=\"_ _0\"></span>ariazi<span class=\"_ _0\"></span>oni de<span class=\"_ _0\"></span>l c<span class=\"_ _0\"></span>ambio, <span class=\"_ _0\"></span>vien<span class=\"_ _0\"></span>e coperta <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>perc<span class=\"_ _0\"></span>entuale <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>fl<span class=\"_ _0\"></span>ussi <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>tesi <span class=\"_ _3\"></span>nei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>successivi <span class=\"_ _d\"></span>12 <span class=\"_ _3\"></span>mesi; <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>perc<span class=\"_ _0\"></span>entuale scende <span class=\"_ _d\"></span>man <span class=\"_ _5\"></span>mano <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>manifestazione <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>utura <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>flussi <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>allontana <span class=\"_ _5\"></span>nel <span class=\"_ _d\"></span>tempo.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>Per <span class=\"_ _d\"></span>la <span class=\"_ _5\"></span>parte non <span class=\"_ _1\"> </span>coperta, <span class=\"_\"> </span>si <span class=\"_ _1\"> </span>determinano <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _1\"> </span>differenze <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>cambio <span class=\"_ _1\"> </span>rispetto <span class=\"_\"> </span>ai <span class=\"_ _f\"> </span>cam<span class=\"_ _0\"></span>bi <span class=\"_ _1\"> </span>registrati <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>he impattano il conto <span class=\"_ _0\"></span>economi<span class=\"_ _0\"></span>co. Ove <span class=\"_ _5\"> </span>non <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"></span>poss<span class=\"_ _0\"></span>ibile, <span class=\"_ _5\"> </span>si <span class=\"_ _e\"> </span>fronteg<span class=\"_ _0\"></span>gia <span class=\"_ _5\"></span>il <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>ca<span class=\"_ _0\"></span>mbio <span class=\"_ _5\"> </span>mediant<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>gestione <span class=\"_ _e\"> </span>degli <span class=\"_ _5\"></span>antici<span class=\"_ _0\"></span>pi all\u2019importazione <span class=\"_ _11\"> </span>delle <span class=\"_ _10\"> </span>singol<span class=\"_ _0\"></span>e <span class=\"_ _10\"> </span>posizioni <span class=\"_ _11\"> </span>valutarie <span class=\"_ _11\"> </span>passive <span class=\"_ _10\"> </span>prev<span class=\"_ _0\"></span>iste <span class=\"_ _10\"> </span>a <span class=\"_ _10\"> </span>da<span class=\"_ _0\"></span>te <span class=\"_ _10\"> </span>future; <span class=\"_ _10\"> </span>l<span class=\"_ _0\"></span>a copertura, <span class=\"_ _a\"> </span>che <span class=\"_\"> </span>tien<span class=\"_ _0\"></span>e <span class=\"_\"> </span>con<span class=\"_ _0\"></span>to <span class=\"_\"> </span>sia <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>cam<span class=\"_ _0\"></span>bio <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>evisto<span class=\"_ _0\"></span> <span class=\"_\"> </span>a <span class=\"_ _a\"> </span>budget, <span class=\"_\"> </span>sia <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>as<span class=\"_ _0\"></span>pettative <span class=\"_ _a\"> </span>di andamento <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>camb<span class=\"_ _0\"></span>i, <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>attuata<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>volta<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>olta <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _d\"></span>ogn<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ingolo <span class=\"_ _5\"></span>anticipo <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>funz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el cambio <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>egistrato <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>aspettat<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>future. <span class=\"_ _0\"></span>Anche <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>esto <span class=\"_ _3\"></span>caso <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>differenze <span class=\"_ _3\"></span>di cambio che s<span class=\"_ _0\"></span>i determinano <span class=\"_ _0\"></span>rispetto ai ca<span class=\"_ _0\"></span>mbi registrati im<span class=\"_ _0\"></span>pattano il cont<span class=\"_ _0\"></span>o economic<span class=\"_ _0\"></span>o. Rischio tass<span class=\"_ _0\"></span>o di interesse Esso <span class=\"_ _5\"></span>afferisce <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>particolar<span class=\"_ _0\"></span>e, <span class=\"_ _5\"></span>quanto <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>finan<span class=\"_ _0\"></span>ziarie <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>etenute <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>negoz<span class=\"_ _0\"></span>iazione, agli <span class=\"_ _d\"></span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _d\"></span>che <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>variazioni<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>nei <span class=\"_ _d\"></span>t<span class=\"_ _0\"></span>assi <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>hanno <span class=\"_ _5\"></span>sul <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>ezzo <span class=\"_ _5\"></span>delle <span class=\"_ _d\"></span>su<span class=\"_ _0\"></span>ddette <span class=\"_ _5\"></span>attivit\u00e0; svalutazioni <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>ivalutazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ezzi <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>tal<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>addebitate/ac<span class=\"_ _0\"></span>creditate <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>conto economico. <span class=\"_\"> </span>Quanto <span class=\"_\"> </span>i<span class=\"_ _2\"></span>nvec<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>alle <span class=\"_\"> </span>passivit\u00e0 <span class=\"_\"> </span>finanziarie, <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>rischio <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>var<span class=\"_ _0\"></span>iazioni <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>tassi <span class=\"_\"> </span>di interesse <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>effetti <span class=\"_ _3\"></span>sul <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>deter<span class=\"_ _0\"></span>minand<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nor <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>magg<span class=\"_ _0\"></span>ior <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>oneri<span class=\"_ _0\"></span> finanziari. Non esistono s<span class=\"_ _0\"></span>trumenti a c<span class=\"_ _0\"></span>opertura de<span class=\"_ _0\"></span>l rischio oscillaz<span class=\"_ _0\"></span>ione del tas<span class=\"_ _0\"></span>so di interesse.<span class=\"_ _0\"></span> Altri rischi di pr<span class=\"_ _0\"></span>ezzo Riguardano <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>possibil<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>fair <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lue <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>uno <span class=\"_ _e\"> </span>strumento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>finanziario <span class=\"_ _e\"> </span>poss<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>v<span class=\"_ _0\"></span>ariare <span class=\"_ _e\"> </span>per motivi differenti <span class=\"_ _0\"></span>dal variare <span class=\"_ _0\"></span>dei tassi di i<span class=\"_ _0\"></span>nteresse o d<span class=\"_ _0\"></span>i cambio.  Il Gruppo non <span class=\"_ _0\"></span>\u00e8 esposto a t<span class=\"_ _0\"></span>ali rischi. 6.2 Esposizione al rischio6.2.3 Rischio di cambio La <span class=\"_ _f\"> </span>tabella <span class=\"_ _f\"> </span>segue<span class=\"_ _0\"></span>nte <span class=\"_ _f\"> </span>evide<span class=\"_ _0\"></span>nzia <span class=\"_ _f\"> </span>l\u2019esposizion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>Gru<span class=\"_ _0\"></span>ppo <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>rischio <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ambio<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>base <span class=\"_ _f\"> </span>al valore noziona<span class=\"_ _0\"></span>le:   31/12<span class=\"_ _0\"></span>/2022<span class=\"_ _13a\"> </span> 31/12/2<span class=\"_ _0\"></span>021USD <span class=\"_ _a8\"> </span>CHF<span class=\"_ _cd\"> </span>USD <span class=\"_ _1c\"> </span>CHFCrediti<span class=\"_ _0\"></span> commerc<span class=\"_ _0\"></span>iali<span class=\"_ _132\"> </span>197<span class=\"_ _133\"></span>           <span class=\"_ _0\"></span>     <span class=\"_ _9d\"> </span>40<span class=\"_ _134\"></span>          <span class=\"_ _0\"></span>    <span class=\"_ _ce\"> </span>421<span class=\"_ _135\"></span>           <span class=\"_ _0\"></span>  <span class=\"_ _43\"> </span>1.179<span class=\"_ _134\"></span>    <span class=\"_ _0\"></span>     Debiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali<span class=\"_ _16\"> </span>716<span class=\"_ _133\"></span>               <span class=\"_ _0\"></span> <span class=\"_ _85\"> </span>290<span class=\"_ _134\"></span>          <span class=\"_ _0\"></span>  <span class=\"_ _38\"> </span>362<span class=\"_ _135\"></span>            <span class=\"_ _0\"></span> <span class=\"_ _46\"> </span>172<span class=\"_ _134\"></span> <span class=\"_ _0\"></span>           Espos<span class=\"_ _0\"></span>izione lord<span class=\"_ _0\"></span>a nel pr<span class=\"_ _0\"></span>ospetto de<span class=\"_ _0\"></span>lla situa<span class=\"_ _0\"></span>zione patrim<span class=\"_ _0\"></span>oniale-<span class=\"_ _0\"></span>finanziaria519<span class=\"_ _136\"></span>-           <span class=\"_ _0\"></span>     <span class=\"_ _85\"> </span>250<span class=\"_ _137\"></span>-          <span class=\"_ _0\"></span>  <span class=\"_ _138\"> </span>59<span class=\"_ _135\"></span>         <span class=\"_ _0\"></span>      <span class=\"_ _cf\"> </span>1.007<span class=\"_ _139\"></span>         Espos<span class=\"_ _0\"></span>izione lord<span class=\"_ _0\"></span>a -           <span class=\"_ _0\"></span>    519-          <span class=\"_ _0\"></span> 250591.007Acqui<span class=\"_ _0\"></span>sti previsti<span class=\"_ _0\"></span> stima<span class=\"_ _0\"></span>tiContratti a<span class=\"_ _0\"></span> termin<span class=\"_ _0\"></span>e su ca<span class=\"_ _0\"></span>mbiEspos<span class=\"_ _0\"></span>izione nett<span class=\"_ _0\"></span>a-           <span class=\"_ _0\"></span>    519-          <span class=\"_ _0\"></span> 250591.007I principali tassi<span class=\"_ _0\"></span> di cambio a<span class=\"_ _0\"></span>pplicati nel cors<span class=\"_ _0\"></span>o dell\u2019eser<span class=\"_ _0\"></span>cizio sono i segue<span class=\"_ _0\"></span>nti:  Cambio m<span class=\"_ _0\"></span>edio<span class=\"_ _29\"> </span>Cambio<span class=\"_ _0\"></span> fine ese<span class=\"_ _0\"></span>rc.2022<span class=\"_ _cf\"> </span>2021<span class=\"_ _a3\"> </span>2022<span class=\"_ _f3\"> </span>2021USD1,05001,181<span class=\"_ _0\"></span>61,06661,1326CHF1,00171,079<span class=\"_ _0\"></span>90,98471,0331Analisi di sensit<span class=\"_ _0\"></span>ivit\u00e0  Un <span class=\"_ _e\"> </span>apprezzame<span class=\"_ _0\"></span>nto <span class=\"_ _e\"> </span>dell\u2019Euro <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>5 <span class=\"_ _e\"> </span>cent<span class=\"_ _0\"></span>esimi <span class=\"_ _e\"> </span>rispetto <span class=\"_ _f\"> </span>al <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>ollaro <span class=\"_ _e\"> </span>avrebbe <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>omportato <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>31<span class=\"_ _0\"></span> dicembre <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>diminu<span class=\"_ _0\"></span>zione <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>23 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di Euro <span class=\"_ _3\"></span>(aumento <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>021). <span class=\"_ _3\"></span>Un <span class=\"_ _3\"></span>deprezzamento <span class=\"_ _3\"></span>dell\u2019Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>centes<span class=\"_ _0\"></span>imi rispetto <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>llaro <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>causato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>aumento <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>ultato <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>al 31 <span class=\"_ _f\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _f\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>25 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Euro <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>diminuz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>2 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>nel <span class=\"_ _1\"> </span>2021), presupponendo ch<span class=\"_ _0\"></span>e tutte le altre v<span class=\"_ _0\"></span>ariabili si<span class=\"_ _0\"></span>ano rimaste <span class=\"_ _0\"></span>costanti. <span class=\"_ _0\"></span> Un <span class=\"_ _3\"></span>apprezzamento <span class=\"_ _3\"></span>dell\u2019Euro <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>centesimi <span class=\"_ _3\"></span>rispetto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>franco <span class=\"_ _3\"></span>svizzero <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>comportato<span class=\"_ _0\"></span> al <span class=\"_ _f\"> </span>31 <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>icembre <span class=\"_ _f\"> </span>2022<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>una<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>diminuz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>patrimoni<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>netto <span class=\"_ _f\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del <span class=\"_ _1\"> </span>risultato <span class=\"_ _1\"> </span>netto <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>12 migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>(aumento <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>45 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>2021). <span class=\"_ _3\"></span>Un <span class=\"_ _3\"></span>deprez<span class=\"_ _0\"></span>zamento <span class=\"_ _3\"></span>dell\u2019Euro <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> 5 <span class=\"_\"> </span>c<span class=\"_ _0\"></span>entesimi <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>dollaro <span class=\"_\"> </span>avrebb<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>causato <span class=\"_\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>au<span class=\"_ _2\"></span>mento <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>r<span class=\"_ _0\"></span>isultato <span class=\"_ _a\"> </span>netto <span class=\"_ _a\"> </span>e<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>del patrimonio <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>13 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>(d<span class=\"_ _0\"></span>iminuzione <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>50 <span class=\"_ _5\"></span>migliaia <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> Euro nel 20<span class=\"_ _0\"></span>21), presuppon<span class=\"_ _0\"></span>endo che tutte <span class=\"_ _0\"></span>le altre var<span class=\"_ _0\"></span>iabili siano rimaste c<span class=\"_ _0\"></span>ostanti. <span class=\"_ _0\"></span> 6.2.4 Rischio di tasso di interesse Il <span class=\"_ _e\"> </span>valore <span class=\"_ _f\"> </span>degli <span class=\"_ _f\"> </span>strumenti <span class=\"_ _f\"> </span>finanziari <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>Gr<span class=\"_ _0\"></span>uppo, <span class=\"_ _f\"> </span>distinto <span class=\"_ _f\"> </span>tra <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _f\"> </span>fruttiferi <span class=\"_ _f\"> </span>di interessi e strum<span class=\"_ _0\"></span>enti infruttif<span class=\"_ _0\"></span>eri, alla data <span class=\"_ _0\"></span>di chiusura de<span class=\"_ _0\"></span>l bilanci<span class=\"_ _0\"></span>o era il segu<span class=\"_ _0\"></span>ente: 2022<span class=\"_ _13b\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Strumenti fin<span class=\"_ _0\"></span>anziari frutt<span class=\"_ _0\"></span>iferi  a tass<span class=\"_ _0\"></span>o fissoAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie--Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie--Strumenti fin<span class=\"_ _0\"></span>anziari frutt<span class=\"_ _0\"></span>iferi a tasso variabileAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie16.17<span class=\"_ _0\"></span>725.311Elisi<span class=\"_ _0\"></span>one  cred<span class=\"_ _0\"></span>iti--Totale attivit\u00e0<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>e16.17<span class=\"_ _0\"></span>725.311Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie(57.973<span class=\"_ _0\"></span>)(48.587)Elisi<span class=\"_ _0\"></span>one debitiTotale pass<span class=\"_ _0\"></span>ivit\u00e0 fina<span class=\"_ _0\"></span>nziarie(57.973<span class=\"_ _0\"></span>)(48.587)Strumenti fin<span class=\"_ _0\"></span>anziari in<span class=\"_ _0\"></span>fruttiferiAttivit\u00e0 fin<span class=\"_ _0\"></span>anziarie21.63<span class=\"_ _0\"></span>322.974Elisi<span class=\"_ _0\"></span>one  cred<span class=\"_ _0\"></span>iti--Totale attivit\u00e0<span class=\"_ _0\"></span> finanziari<span class=\"_ _0\"></span>e21.63<span class=\"_ _0\"></span>322.974Pass<span class=\"_ _0\"></span>ivit\u00e0 finanziarie(43.378<span class=\"_ _0\"></span>)(30.393)Elisi<span class=\"_ _0\"></span>one debiti--Totale pass<span class=\"_ _0\"></span>ivit\u00e0 fina<span class=\"_ _0\"></span>nziarie(43.378<span class=\"_ _0\"></span>)(30.393)Gli <span class=\"_ _3\"></span>strumenti<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _3\"></span>frutt<span class=\"_ _0\"></span>iferi <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>tasso <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>ariabile <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ostituiti <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>disp<span class=\"_ _0\"></span>onibilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>assa,<span class=\"_ _0\"></span> dai <span class=\"_ _5\"></span>crediti <span class=\"_ _e\"> </span>finanziari <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ollegate/correlate, <span class=\"_ _e\"> </span>dai <span class=\"_ _5\"> </span>deb<span class=\"_ _0\"></span>iti <span class=\"_ _5\"></span>correnti <span class=\"_ _e\"> </span>e <span class=\"_ _5\"></span>a <span class=\"_ _5\"> </span>me<span class=\"_ _0\"></span>dio-lungo <span class=\"_ _5\"> </span>t<span class=\"_ _0\"></span>ermine per l\u2019utilizzo de<span class=\"_ _0\"></span>i beni in Le<span class=\"_ _0\"></span>ase, dai de<span class=\"_ _0\"></span>biti correnti e medio-<span class=\"_ _0\"></span>lungo ter<span class=\"_ _0\"></span>mine verso banc<span class=\"_ _0\"></span>he.  La <span class=\"_ _d\"></span>variazione <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>tassi <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>effetti <span class=\"_ _d\"></span>si<span class=\"_ _0\"></span>gnificativi <span class=\"_ _d\"></span>so<span class=\"_ _0\"></span>ltanto <span class=\"_ _5\"></span>sui <span class=\"_ _d\"></span>flussi <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _d\"></span>ai <span class=\"_ _5\"></span>debiti <span class=\"_ _d\"></span>a medio/lungo t<span class=\"_ _0\"></span>ermine in con<span class=\"_ _0\"></span>siderazione de<span class=\"_ _0\"></span>lla loro <span class=\"ff4\">matu<span class=\"_ _0\"></span>rity</span>. I de<span class=\"_ _0\"></span>biti <span class=\"_ _0\"></span>finanzi<span class=\"_ _0\"></span>ari <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _0\"></span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>uovo <span class=\"_ _0\"></span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>prev<span class=\"_ _0\"></span>edono <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>rimborso<span class=\"_ _0\"></span> delle <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>omme <span class=\"_ _5\"></span>erogate <span class=\"_ _d\"></span>ad <span class=\"_ _5\"></span>un <span class=\"_ _d\"></span>tasso <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>all\u2019Euri<span class=\"_ _0\"></span>bor <span class=\"_ _d\"></span>maggiorat<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>3,<span class=\"_ _0\"></span>25% <span class=\"_ _d\"></span>(325 punti base per <span class=\"_ _0\"></span>anno) per tut<span class=\"_ _0\"></span>ta la durata <span class=\"_ _0\"></span>del contratt<span class=\"_ _0\"></span>o. 6.3 Gestione del capitale L\u2019obiettivo pr<span class=\"_ _0\"></span>imario de<span class=\"_ _0\"></span>lla gestione d<span class=\"_ _0\"></span>el cap<span class=\"_ _0\"></span>itale d<span class=\"_ _0\"></span>el Gruppo <span class=\"_ _0\"></span>\u00e8 garantire <span class=\"_ _0\"></span>che si<span class=\"_ _0\"></span>a mant<span class=\"_ _0\"></span>enuto un<span class=\"_ _0\"></span> solido <span class=\"_ _3\"></span>rat<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editizio <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>adegu<span class=\"_ _0\"></span>ati <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>ivelli <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>indic<span class=\"_ _0\"></span>atori <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>pitale <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>odo <span class=\"_ _d\"></span>da <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>upportare l\u2019attivit\u00e0, massim<span class=\"_ _0\"></span>izzare il valor<span class=\"_ _0\"></span>e per gli azionist<span class=\"_ _0\"></span>i e ridurr<span class=\"_ _0\"></span>e il costo del ca<span class=\"_ _0\"></span>pitale.  Il <span class=\"_ _f\"> </span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _1\"> </span>gestisce <span class=\"_ _1\"> </span>la <span class=\"_ _f\"> </span>strut<span class=\"_ _0\"></span>tura <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>capit<span class=\"_ _0\"></span>ale <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>lo <span class=\"_ _f\"> </span>mod<span class=\"_ _0\"></span>ifica <span class=\"_ _1\"> </span>in <span class=\"_ _f\"> </span>funz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>var<span class=\"_ _0\"></span>iazioni <span class=\"_ _1\"> </span>nelle condizioni econom<span class=\"_ _0\"></span>iche.  Per <span class=\"_ _f\"> </span>mantenere <span class=\"_ _e\"> </span>o <span class=\"_ _f\"> </span>ade<span class=\"_ _0\"></span>guare <span class=\"_ _f\"> </span>la <span class=\"_ _e\"> </span>struttur<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>apitale, <span class=\"_ _f\"> </span>il <span class=\"_ _e\"> </span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _e\"> </span>pu\u00f2 <span class=\"_ _f\"> </span>adeg<span class=\"_ _0\"></span>uare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>dividend<span class=\"_ _0\"></span>i pagati agli azion<span class=\"_ _0\"></span>isti, rimbor<span class=\"_ _0\"></span>sare il capital<span class=\"_ _0\"></span>e o emettere <span class=\"_ _0\"></span>nuove azioni.<span class=\"_ _0\"></span> Il <span class=\"_ _d\"></span>Gruppo <span class=\"_ _d\"></span>ver<span class=\"_ _0\"></span>ifica <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _d\"></span>capitale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>mediant<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>rappo<span class=\"_ _0\"></span>rto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span><span class=\"ff4\">gearing</span>,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _d\"></span>ra<span class=\"_ _0\"></span>pportando <span class=\"_ _d\"></span>il<span class=\"_ _0\"></span> debito netto a<span class=\"_ _0\"></span>l totale del pa<span class=\"_ _0\"></span>trimonio net<span class=\"_ _0\"></span>to pi\u00f9 il de<span class=\"_ _0\"></span>bito netto.  L\u2019indice <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>quale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>proporzione <span class=\"_ _d\"></span>le <span class=\"_ _d\"></span>risorse <span class=\"_ _d\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>terzi <span class=\"_ _d\"></span>finanz<span class=\"_ _0\"></span>iano <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>qu<span class=\"_ _0\"></span>antit\u00e0 di capitale neces<span class=\"_ _0\"></span>sario per <span class=\"_ _0\"></span>la continuit\u00e0 de<span class=\"_ _0\"></span>lla vita azien<span class=\"_ _0\"></span>dale. 2022<span class=\"_ _13b\"> </span>2021(in migliaia di E<span class=\"_ _0\"></span>uro)Debiti fi<span class=\"_ _0\"></span>nanziari<span class=\"_ _3c\"> </span>57.973<span class=\"_ _13c\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _13d\"> </span>48.587<span class=\"_ _13e\"></span>       <span class=\"_ _0\"></span>    Crediti fin<span class=\"_ _0\"></span>anziari<span class=\"_ _13f\"> </span>-<span class=\"_ _135\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _78\"> </span>-<span class=\"_ _140\"></span>       <span class=\"_ _0\"></span>          Disponib<span class=\"_ _0\"></span>ilit\u00e0<span class=\"_ _141\"> </span>(16.177<span class=\"_ _0\"></span>)<span class=\"_ _18\"> </span>(25.311)Debito net<span class=\"_ _0\"></span>to<span class=\"_ _b0\"> </span>4<span class=\"_ _0\"></span>1.796<span class=\"_ _13c\"></span>         <span class=\"_ _0\"></span>  <span class=\"_ _13d\"> </span>23.276<span class=\"_ _13e\"></span>         <span class=\"_ _0\"></span>  Patrimoni<span class=\"_ _0\"></span>o nett<span class=\"_ _0\"></span>o<span class=\"_ _16\"> </span>49.068<span class=\"_ _13c\"></span>           <span class=\"_ _13d\"> </span>54.<span class=\"_ _0\"></span>044<span class=\"_ _13c\"></span> <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   Totale capi<span class=\"_ _0\"></span>tale<span class=\"_ _142\"> </span>90.86<span class=\"_ _0\"></span>4<span class=\"_ _143\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _13d\"> </span>77.320<span class=\"_ _13e\"></span>       <span class=\"_ _0\"></span>    Gearing ra<span class=\"_ _0\"></span>tio<span class=\"_ _144\"> </span>46,00<span class=\"_ _0\"></span>%<span class=\"_ _cd\"> </span>30,1<span class=\"_ _0\"></span>0%",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__58": {
   "value": "6.4 Classi di strumenti finanziariGli <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>trumenti <span class=\"_ _5\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>scritti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ello <span class=\"_ _5\"></span>stato <span class=\"_ _5\"> </span>patrimon<span class=\"_ _0\"></span>iale <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>Gruppo <span class=\"_ _5\"> </span>sono <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>\u00ec <span class=\"_ _5\"></span>raggruppabili per classi: Finanziamen<span class=\"_ _0\"></span>ti Attiv. Fin.ri<span class=\"_ _0\"></span>e al fair<span class=\"_ _0\"></span> Passi<span class=\"_ _0\"></span>vit\u00e0  al e cred<span class=\"_ _0\"></span>iti - costo<span class=\"_ _0\"></span> value imp<span class=\"_ _0\"></span>utato a costo<span class=\"_ _0\"></span> Totaleammortizzatoconto e<span class=\"_ _0\"></span>conomicoammo<span class=\"_ _0\"></span>rtizzato(in migliaia di e<span class=\"_ _0\"></span>uro)31 dic<span class=\"_ _0\"></span>embre 2021ATTIVODisponibil<span class=\"_ _0\"></span>it\u00e025.311--25.311Attiv. Fin.r<span class=\"_ _0\"></span>ie al fair<span class=\"_ _0\"></span> value imp<span class=\"_ _0\"></span>utato a conto e<span class=\"_ _0\"></span>conomico-<span class=\"_ _145\"></span>             <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span>      <span class=\"_ _146\"> </span>-<span class=\"_ _147\"></span>             <span class=\"_ _0\"></span>    Crediti per<span class=\"_ _0\"></span> derivati----Crediti c<span class=\"_ _0\"></span>ommercia<span class=\"_ _0\"></span>li e altr<span class=\"_ _0\"></span>i crediti22.97422.974Totale48.285--48.285PASSIVODebiti verso<span class=\"_ _0\"></span> banche e<span class=\"_ _0\"></span> altre pas<span class=\"_ _0\"></span>s.fin.--48.58748.587Debiti pe<span class=\"_ _0\"></span>r derivati---Debiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali e alt<span class=\"_ _0\"></span>ri debiti30.39330.393Totale--78.98078.980Finanziamen<span class=\"_ _0\"></span>ti Attiv. Fin.rie<span class=\"_ _0\"></span> al fair Passivit\u00e0  <span class=\"_ _0\"></span>al e credit<span class=\"_ _0\"></span>i - cost<span class=\"_ _0\"></span>o value imputa<span class=\"_ _0\"></span>to a costo Totaleammortizzatoconto e<span class=\"_ _0\"></span>conomic<span class=\"_ _0\"></span>oammortizzato(in migliaia di euro)31 dicembr<span class=\"_ _0\"></span>e 2022ATTIVODisponib<span class=\"_ _0\"></span>ilit\u00e016.177--16.177Attiv. Fin.ri<span class=\"_ _0\"></span>e al fair valu<span class=\"_ _0\"></span>e imputa<span class=\"_ _0\"></span>to a conto e<span class=\"_ _0\"></span>conomic<span class=\"_ _0\"></span>o-<span class=\"_ _148\"></span>         <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>        <span class=\"_ _149\"> </span>-<span class=\"_ _14a\"></span>         <span class=\"_ _0\"></span>        Crediti per <span class=\"_ _0\"></span>derivati----Crediti co<span class=\"_ _0\"></span>mmercia<span class=\"_ _0\"></span>li e altr<span class=\"_ _0\"></span>i crediti21.63321.633Totale37.810--37.810PASSIVODebiti verso<span class=\"_ _0\"></span> banche e <span class=\"_ _0\"></span>altre pas<span class=\"_ _0\"></span>s.fin.--57.97357.973Debiti per <span class=\"_ _0\"></span>derivati---Debiti co<span class=\"_ _0\"></span>mmercia<span class=\"_ _0\"></span>li e altri d<span class=\"_ _0\"></span>ebiti43.37843.378Totale--101.351101.351Si segnala che n<span class=\"_ _0\"></span>on vi sono s<span class=\"_ _0\"></span>tate riclass<span class=\"_ _0\"></span>ifiche tra le dive<span class=\"_ _0\"></span>rse categori<span class=\"_ _0\"></span>e.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__61": {
   "value": "6.5 Fair value Nella <span class=\"_\"> </span>s<span class=\"_ _0\"></span>eguente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>t<span class=\"_ _2\"></span>abe<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>esposti <span class=\"_ _a\"> </span>per <span class=\"_\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _a\"> </span>finanziaria, <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>valore contabile iscr<span class=\"_ _0\"></span>itto nello stato<span class=\"_ _0\"></span> patrimonia<span class=\"_ _0\"></span>le ed il relativo f<span class=\"_ _0\"></span>air value: 31 di<span class=\"_ _0\"></span>cembre 202<span class=\"_ _0\"></span>2<span class=\"_ _9d\"> </span>31 dicembre 2<span class=\"_ _0\"></span>021Valore Valore Fair ValueFair Value(in migliaia di euro)contabi<span class=\"_ _0\"></span>lecontabi<span class=\"_ _0\"></span>leDisponibi<span class=\"_ _0\"></span>lit\u00e0 investi<span class=\"_ _0\"></span>te in valori<span class=\"_ _0\"></span> mobili<span class=\"_ _0\"></span>ariCrediti com<span class=\"_ _0\"></span>merciali<span class=\"_ _0\"></span>/finanziari<span class=\"_ _0\"></span> e altri cre<span class=\"_ _0\"></span>diti21.63321.63322.97422.974Disponibi<span class=\"_ _0\"></span>lit\u00e0 liqu<span class=\"_ _0\"></span>ide e me<span class=\"_ _0\"></span>zzi equivalenti16.17716.17725.31125.311Contratti a t<span class=\"_ _0\"></span>ermine su<span class=\"_ _0\"></span> cambi <span class=\"_ _0\"></span>di copertu<span class=\"_ _0\"></span>raAttivit\u00e0 ----Passivit\u00e0----Altri cont<span class=\"_ _0\"></span>ratti a term<span class=\"_ _0\"></span>ine su <span class=\"_ _0\"></span>cambi----Passivit\u00e0 pe<span class=\"_ _0\"></span>r leasing<span class=\"_ _0\"></span> finanzia<span class=\"_ _0\"></span>ri----Debiti banca<span class=\"_ _0\"></span>ri a breve<span class=\"_ _0\"></span> termine (4.641<span class=\"_ _0\"></span>)(4.641)(862)(862)Debiti verso<span class=\"_ _0\"></span> banche a <span class=\"_ _0\"></span>m/l termin<span class=\"_ _0\"></span>e(16.239)(16.239)(17.333)(17.33<span class=\"_ _0\"></span>3)Debiti v/alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> (653)(653)--Debiti v.so<span class=\"_ _0\"></span> altri fina<span class=\"_ _0\"></span>n. a breve pe<span class=\"_ _0\"></span>r Lease(7.776<span class=\"_ _0\"></span>)(7.776)(6.693)(6.693)Debiti v.so<span class=\"_ _0\"></span> altri fin. <span class=\"_ _0\"></span>a m/lungo<span class=\"_ _0\"></span> per Lease(28.664)(28.664)(23.699)(23.69<span class=\"_ _0\"></span>9)Debiti co<span class=\"_ _0\"></span>mmerciali <span class=\"_ _0\"></span>e altri <span class=\"_ _0\"></span>debiti(43.378)(43.378)(30.393)(30.39<span class=\"_ _0\"></span>3)Elisione <span class=\"_ _0\"></span>crediti e<span class=\"_ _0\"></span> debiti ----Totale (63.541)(63.541)(30.695)(30.69<span class=\"_ _0\"></span>5)Criteri per la d<span class=\"_ _0\"></span>eterminazion<span class=\"_ _0\"></span>e del fair value  I <span class=\"_\"> </span>me<span class=\"_ _2\"></span>tod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_\"> </span>assunzioni <span class=\"_\"> </span>utilizzate <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _1\"> </span>degl<span class=\"_ _0\"></span>i strumenti f<span class=\"_ _0\"></span>inanziari sono indic<span class=\"_ _0\"></span>ati di seguito<span class=\"_ _0\"></span>.  Strumenti fina<span class=\"_ _0\"></span>nziari derivati Il <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>termine <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>cambi <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>determinato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>quotazione alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>disponib<span class=\"_ _0\"></span>ile. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quotazione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> mercato, i<span class=\"_ _0\"></span>l fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>\u00e8 s<span class=\"_ _0\"></span>timato <span class=\"_ _0\"></span>attual<span class=\"_ _0\"></span>izzando la<span class=\"_ _0\"></span> differe<span class=\"_ _0\"></span>nza <span class=\"_ _0\"></span>tra il <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ermine <span class=\"_ _0\"></span>definito <span class=\"_ _0\"></span>dal contratto <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>esiduale <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>utilizzando <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>privo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>risc<span class=\"_ _0\"></span>hio. <span class=\"_ _3\"></span>Nell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>eff<span class=\"_ _0\"></span>ettuate <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span>perazioni<span class=\"_ _0\"></span> che hanno prev<span class=\"_ _0\"></span>isto l\u2019utilizzo<span class=\"_ _0\"></span> di strumenti f<span class=\"_ _0\"></span>inanziari derivati. Passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie  Il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _3\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span> attesi <span class=\"_ _5\"></span>futuri <span class=\"_ _e\"> </span>attualizz<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>tasso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>mercato <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _5\"></span>del bilancio.  Crediti commercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti Il <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>dei flussi <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>capitale <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>interessi <span class=\"_ _d\"></span>attua<span class=\"_ _0\"></span>lizzato <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interess<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>mercato<span class=\"_ _0\"></span> rilevato alla da<span class=\"_ _0\"></span>ta di chiusur<span class=\"_ _0\"></span>a del bilancio. <span class=\"_ _0\"></span> Tassi di interes<span class=\"_ _0\"></span>se utilizzati <span class=\"_ _0\"></span>per calcolare il fair v<span class=\"_ _0\"></span>alue I <span class=\"_ _e\"> </span>tassi <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>interesse <span class=\"_ _f\"> </span>utilizzati <span class=\"_ _e\"> </span>per <span class=\"_ _f\"> </span>attualizzare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>isti, <span class=\"_ _e\"> </span>ove <span class=\"_ _f\"> </span>applicabile, <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i basano su<span class=\"_ _0\"></span>lla curva <span class=\"_ _0\"></span>dei tas<span class=\"_ _0\"></span>si di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di bila<span class=\"_ _0\"></span>ncio increm<span class=\"_ _0\"></span>entati d<span class=\"_ _0\"></span>i un cr<span class=\"_ _0\"></span>edit spread<span class=\"_ _0\"></span> adeguato e so<span class=\"_ _0\"></span>no riportati n<span class=\"_ _0\"></span>ella tabe<span class=\"_ _0\"></span>lla seguente: <span class=\"_ _0\"></span> (in migliaia di euro)2022<span class=\"_ _ce\"> </span>2021Contratti d<span class=\"_ _0\"></span>i fina<span class=\"_ _0\"></span>nziamento3,25%3,25%Contratti d<span class=\"_ _0\"></span>i leas<span class=\"_ _0\"></span>ing (IFRS 1<span class=\"_ _0\"></span>6)1,00 <span class=\"_ _0\"></span>% -3,75%1,00 <span class=\"_ _0\"></span>% -3,75%SEZIONE B - INFORMATIVA SETTOR<span class=\"_ _0\"></span>IALE",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__60": {
   "value": "6.5 Fair value Nella <span class=\"_\"> </span>s<span class=\"_ _0\"></span>eguente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>t<span class=\"_ _2\"></span>abe<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>esposti <span class=\"_ _a\"> </span>per <span class=\"_\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _a\"> </span>finanziaria, <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>valore contabile iscr<span class=\"_ _0\"></span>itto nello stato<span class=\"_ _0\"></span> patrimonia<span class=\"_ _0\"></span>le ed il relativo f<span class=\"_ _0\"></span>air value: 31 di<span class=\"_ _0\"></span>cembre 202<span class=\"_ _0\"></span>2<span class=\"_ _9d\"> </span>31 dicembre 2<span class=\"_ _0\"></span>021Valore Valore Fair ValueFair Value(in migliaia di euro)contabi<span class=\"_ _0\"></span>lecontabi<span class=\"_ _0\"></span>leDisponibi<span class=\"_ _0\"></span>lit\u00e0 investi<span class=\"_ _0\"></span>te in valori<span class=\"_ _0\"></span> mobili<span class=\"_ _0\"></span>ariCrediti com<span class=\"_ _0\"></span>merciali<span class=\"_ _0\"></span>/finanziari<span class=\"_ _0\"></span> e altri cre<span class=\"_ _0\"></span>diti21.63321.63322.97422.974Disponibi<span class=\"_ _0\"></span>lit\u00e0 liqu<span class=\"_ _0\"></span>ide e me<span class=\"_ _0\"></span>zzi equivalenti16.17716.17725.31125.311Contratti a t<span class=\"_ _0\"></span>ermine su<span class=\"_ _0\"></span> cambi <span class=\"_ _0\"></span>di copertu<span class=\"_ _0\"></span>raAttivit\u00e0 ----Passivit\u00e0----Altri cont<span class=\"_ _0\"></span>ratti a term<span class=\"_ _0\"></span>ine su <span class=\"_ _0\"></span>cambi----Passivit\u00e0 pe<span class=\"_ _0\"></span>r leasing<span class=\"_ _0\"></span> finanzia<span class=\"_ _0\"></span>ri----Debiti banca<span class=\"_ _0\"></span>ri a breve<span class=\"_ _0\"></span> termine (4.641<span class=\"_ _0\"></span>)(4.641)(862)(862)Debiti verso<span class=\"_ _0\"></span> banche a <span class=\"_ _0\"></span>m/l termin<span class=\"_ _0\"></span>e(16.239)(16.239)(17.333)(17.33<span class=\"_ _0\"></span>3)Debiti v/alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> (653)(653)--Debiti v.so<span class=\"_ _0\"></span> altri fina<span class=\"_ _0\"></span>n. a breve pe<span class=\"_ _0\"></span>r Lease(7.776<span class=\"_ _0\"></span>)(7.776)(6.693)(6.693)Debiti v.so<span class=\"_ _0\"></span> altri fin. <span class=\"_ _0\"></span>a m/lungo<span class=\"_ _0\"></span> per Lease(28.664)(28.664)(23.699)(23.69<span class=\"_ _0\"></span>9)Debiti co<span class=\"_ _0\"></span>mmerciali <span class=\"_ _0\"></span>e altri <span class=\"_ _0\"></span>debiti(43.378)(43.378)(30.393)(30.39<span class=\"_ _0\"></span>3)Elisione <span class=\"_ _0\"></span>crediti e<span class=\"_ _0\"></span> debiti ----Totale (63.541)(63.541)(30.695)(30.69<span class=\"_ _0\"></span>5)Criteri per la d<span class=\"_ _0\"></span>eterminazion<span class=\"_ _0\"></span>e del fair value  I <span class=\"_\"> </span>me<span class=\"_ _2\"></span>tod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_\"> </span>assunzioni <span class=\"_\"> </span>utilizzate <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _1\"> </span>degl<span class=\"_ _0\"></span>i strumenti f<span class=\"_ _0\"></span>inanziari sono indic<span class=\"_ _0\"></span>ati di seguito<span class=\"_ _0\"></span>.  Strumenti fina<span class=\"_ _0\"></span>nziari derivati Il <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>termine <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>cambi <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>determinato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>quotazione alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>disponib<span class=\"_ _0\"></span>ile. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quotazione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> mercato, i<span class=\"_ _0\"></span>l fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>\u00e8 s<span class=\"_ _0\"></span>timato <span class=\"_ _0\"></span>attual<span class=\"_ _0\"></span>izzando la<span class=\"_ _0\"></span> differe<span class=\"_ _0\"></span>nza <span class=\"_ _0\"></span>tra il <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ermine <span class=\"_ _0\"></span>definito <span class=\"_ _0\"></span>dal contratto <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>esiduale <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>utilizzando <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>privo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>risc<span class=\"_ _0\"></span>hio. <span class=\"_ _3\"></span>Nell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>eff<span class=\"_ _0\"></span>ettuate <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span>perazioni<span class=\"_ _0\"></span> che hanno prev<span class=\"_ _0\"></span>isto l\u2019utilizzo<span class=\"_ _0\"></span> di strumenti f<span class=\"_ _0\"></span>inanziari derivati. Passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie  Il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _3\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span> attesi <span class=\"_ _5\"></span>futuri <span class=\"_ _e\"> </span>attualizz<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>tasso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>mercato <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _5\"></span>del bilancio.  Crediti commercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti Il <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>dei flussi <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>capitale <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>interessi <span class=\"_ _d\"></span>attua<span class=\"_ _0\"></span>lizzato <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interess<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>mercato<span class=\"_ _0\"></span> rilevato alla da<span class=\"_ _0\"></span>ta di chiusur<span class=\"_ _0\"></span>a del bilancio. <span class=\"_ _0\"></span> Tassi di interes<span class=\"_ _0\"></span>se utilizzati <span class=\"_ _0\"></span>per calcolare il fair v<span class=\"_ _0\"></span>alue I <span class=\"_ _e\"> </span>tassi <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>interesse <span class=\"_ _f\"> </span>utilizzati <span class=\"_ _e\"> </span>per <span class=\"_ _f\"> </span>attualizzare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>isti, <span class=\"_ _e\"> </span>ove <span class=\"_ _f\"> </span>applicabile, <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i basano su<span class=\"_ _0\"></span>lla curva <span class=\"_ _0\"></span>dei tas<span class=\"_ _0\"></span>si di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di bila<span class=\"_ _0\"></span>ncio increm<span class=\"_ _0\"></span>entati d<span class=\"_ _0\"></span>i un cr<span class=\"_ _0\"></span>edit spread<span class=\"_ _0\"></span> adeguato e so<span class=\"_ _0\"></span>no riportati n<span class=\"_ _0\"></span>ella tabe<span class=\"_ _0\"></span>lla seguente: <span class=\"_ _0\"></span> (in migliaia di euro)2022<span class=\"_ _ce\"> </span>2021Contratti d<span class=\"_ _0\"></span>i fina<span class=\"_ _0\"></span>nziamento3,25%3,25%Contratti d<span class=\"_ _0\"></span>i leas<span class=\"_ _0\"></span>ing (IFRS 1<span class=\"_ _0\"></span>6)1,00 <span class=\"_ _0\"></span>% -3,75%1,00 <span class=\"_ _0\"></span>% -3,75%SEZIONE B - INFORMATIVA SETTOR<span class=\"_ _0\"></span>IALE",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__59": {
   "value": "6.5 Fair value Nella <span class=\"_\"> </span>s<span class=\"_ _0\"></span>eguente<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>t<span class=\"_ _2\"></span>abe<span class=\"_ _0\"></span>lla <span class=\"_\"> </span>so<span class=\"_ _0\"></span>no <span class=\"_ _a\"> </span>esposti <span class=\"_ _a\"> </span>per <span class=\"_\"> </span>o<span class=\"_ _0\"></span>gni <span class=\"_ _a\"> </span>attivit\u00e0 <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _a\"> </span>finanziaria, <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>valore contabile iscr<span class=\"_ _0\"></span>itto nello stato<span class=\"_ _0\"></span> patrimonia<span class=\"_ _0\"></span>le ed il relativo f<span class=\"_ _0\"></span>air value: 31 di<span class=\"_ _0\"></span>cembre 202<span class=\"_ _0\"></span>2<span class=\"_ _9d\"> </span>31 dicembre 2<span class=\"_ _0\"></span>021Valore Valore Fair ValueFair Value(in migliaia di euro)contabi<span class=\"_ _0\"></span>lecontabi<span class=\"_ _0\"></span>leDisponibi<span class=\"_ _0\"></span>lit\u00e0 investi<span class=\"_ _0\"></span>te in valori<span class=\"_ _0\"></span> mobili<span class=\"_ _0\"></span>ariCrediti com<span class=\"_ _0\"></span>merciali<span class=\"_ _0\"></span>/finanziari<span class=\"_ _0\"></span> e altri cre<span class=\"_ _0\"></span>diti21.63321.63322.97422.974Disponibi<span class=\"_ _0\"></span>lit\u00e0 liqu<span class=\"_ _0\"></span>ide e me<span class=\"_ _0\"></span>zzi equivalenti16.17716.17725.31125.311Contratti a t<span class=\"_ _0\"></span>ermine su<span class=\"_ _0\"></span> cambi <span class=\"_ _0\"></span>di copertu<span class=\"_ _0\"></span>raAttivit\u00e0 ----Passivit\u00e0----Altri cont<span class=\"_ _0\"></span>ratti a term<span class=\"_ _0\"></span>ine su <span class=\"_ _0\"></span>cambi----Passivit\u00e0 pe<span class=\"_ _0\"></span>r leasing<span class=\"_ _0\"></span> finanzia<span class=\"_ _0\"></span>ri----Debiti banca<span class=\"_ _0\"></span>ri a breve<span class=\"_ _0\"></span> termine (4.641<span class=\"_ _0\"></span>)(4.641)(862)(862)Debiti verso<span class=\"_ _0\"></span> banche a <span class=\"_ _0\"></span>m/l termin<span class=\"_ _0\"></span>e(16.239)(16.239)(17.333)(17.33<span class=\"_ _0\"></span>3)Debiti v/alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> (653)(653)--Debiti v.so<span class=\"_ _0\"></span> altri fina<span class=\"_ _0\"></span>n. a breve pe<span class=\"_ _0\"></span>r Lease(7.776<span class=\"_ _0\"></span>)(7.776)(6.693)(6.693)Debiti v.so<span class=\"_ _0\"></span> altri fin. <span class=\"_ _0\"></span>a m/lungo<span class=\"_ _0\"></span> per Lease(28.664)(28.664)(23.699)(23.69<span class=\"_ _0\"></span>9)Debiti co<span class=\"_ _0\"></span>mmerciali <span class=\"_ _0\"></span>e altri <span class=\"_ _0\"></span>debiti(43.378)(43.378)(30.393)(30.39<span class=\"_ _0\"></span>3)Elisione <span class=\"_ _0\"></span>crediti e<span class=\"_ _0\"></span> debiti ----Totale (63.541)(63.541)(30.695)(30.69<span class=\"_ _0\"></span>5)Criteri per la d<span class=\"_ _0\"></span>eterminazion<span class=\"_ _0\"></span>e del fair value  I <span class=\"_\"> </span>me<span class=\"_ _2\"></span>tod<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_\"> </span>assunzioni <span class=\"_\"> </span>utilizzate <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>la <span class=\"_\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>fa<span class=\"_ _0\"></span>ir <span class=\"_\"> </span>value <span class=\"_ _1\"> </span>degl<span class=\"_ _0\"></span>i strumenti f<span class=\"_ _0\"></span>inanziari sono indic<span class=\"_ _0\"></span>ati di seguito<span class=\"_ _0\"></span>.  Strumenti fina<span class=\"_ _0\"></span>nziari derivati Il <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>termine <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>cambi <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>determinato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>quotazione alla <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io, <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>disponib<span class=\"_ _0\"></span>ile. <span class=\"_ _3\"></span>Se <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>quotazione <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> mercato, i<span class=\"_ _0\"></span>l fair <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>\u00e8 s<span class=\"_ _0\"></span>timato <span class=\"_ _0\"></span>attual<span class=\"_ _0\"></span>izzando la<span class=\"_ _0\"></span> differe<span class=\"_ _0\"></span>nza <span class=\"_ _0\"></span>tra il <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>a t<span class=\"_ _0\"></span>ermine <span class=\"_ _0\"></span>definito <span class=\"_ _0\"></span>dal contratto <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>durata <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>esiduale <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contratt<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>utilizzando <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>privo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>risc<span class=\"_ _0\"></span>hio. <span class=\"_ _3\"></span>Nell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>2022 <span class=\"_ _d\"></span>non <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>eff<span class=\"_ _0\"></span>ettuate <span class=\"_ _3\"></span>o<span class=\"_ _0\"></span>perazioni<span class=\"_ _0\"></span> che hanno prev<span class=\"_ _0\"></span>isto l\u2019utilizzo<span class=\"_ _0\"></span> di strumenti f<span class=\"_ _0\"></span>inanziari derivati. Passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie  Il <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _3\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>finanziari<span class=\"_ _0\"></span> attesi <span class=\"_ _5\"></span>futuri <span class=\"_ _e\"> </span>attualizz<span class=\"_ _0\"></span>ato <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>tasso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>interes<span class=\"_ _0\"></span>se <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>mercato <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _5\"></span>del bilancio.  Crediti commercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti Il <span class=\"_ _3\"></span>fair <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>deg<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>calcolato <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _3\"></span>dei flussi <span class=\"_ _3\"></span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _d\"></span>futuri <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>capitale <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>interessi <span class=\"_ _d\"></span>attua<span class=\"_ _0\"></span>lizzato <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>tas<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>interess<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>mercato<span class=\"_ _0\"></span> rilevato alla da<span class=\"_ _0\"></span>ta di chiusur<span class=\"_ _0\"></span>a del bilancio. <span class=\"_ _0\"></span> Tassi di interes<span class=\"_ _0\"></span>se utilizzati <span class=\"_ _0\"></span>per calcolare il fair v<span class=\"_ _0\"></span>alue I <span class=\"_ _e\"> </span>tassi <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>interesse <span class=\"_ _f\"> </span>utilizzati <span class=\"_ _e\"> </span>per <span class=\"_ _f\"> </span>attualizzare <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _e\"> </span>fi<span class=\"_ _0\"></span>nanziari <span class=\"_ _e\"> </span>prev<span class=\"_ _0\"></span>isti, <span class=\"_ _e\"> </span>ove <span class=\"_ _f\"> </span>applicabile, <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i basano su<span class=\"_ _0\"></span>lla curva <span class=\"_ _0\"></span>dei tas<span class=\"_ _0\"></span>si di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>alla d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>di bila<span class=\"_ _0\"></span>ncio increm<span class=\"_ _0\"></span>entati d<span class=\"_ _0\"></span>i un cr<span class=\"_ _0\"></span>edit spread<span class=\"_ _0\"></span> adeguato e so<span class=\"_ _0\"></span>no riportati n<span class=\"_ _0\"></span>ella tabe<span class=\"_ _0\"></span>lla seguente: <span class=\"_ _0\"></span> (in migliaia di euro)2022<span class=\"_ _ce\"> </span>2021Contratti d<span class=\"_ _0\"></span>i fina<span class=\"_ _0\"></span>nziamento3,25%3,25%Contratti d<span class=\"_ _0\"></span>i leas<span class=\"_ _0\"></span>ing (IFRS 1<span class=\"_ _0\"></span>6)1,00 <span class=\"_ _0\"></span>% -3,75%1,00 <span class=\"_ _0\"></span>% -3,75%SEZIONE B - INFORMATIVA SETTOR<span class=\"_ _0\"></span>IALE",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__62": {
   "value": "Nota 7 INFORMATIVA PER SETTORI OPERATIVI In <span class=\"_ _d\"></span>applicaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uanto <span class=\"_ _5\"></span>previsto <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019IFRS <span class=\"_ _5\"></span>8 <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>Settori <span class=\"_ _5\"></span>operativi\u201d, <span class=\"_ _5\"></span>che <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>isciplina <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>oncetto dell\u2019approcci<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>direzi<span class=\"_ _0\"></span>onale <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>predisporr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>\u2019informativa<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>sett<span class=\"_ _0\"></span>ore, <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>gnala <span class=\"_ _d\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _d\"></span>pi\u00f9 <span class=\"_ _d\"></span>alt<span class=\"_ _0\"></span>o livello <span class=\"_ _f\"> </span>decis<span class=\"_ _0\"></span>ionale <span class=\"_ _f\"> </span>op<span class=\"_ _0\"></span>erativo <span class=\"_ _f\"> </span>(CO<span class=\"_ _0\"></span>DM <span class=\"_ _f\"> </span>\u2013 <span class=\"_ _1\"> </span>Chief <span class=\"_ _f\"> </span>Operati<span class=\"_ _0\"></span>ng <span class=\"_ _f\"> </span>Decision <span class=\"_ _1\"> </span>Maker) <span class=\"_ _f\"> </span>si <span class=\"_ _1\"> </span>identifica <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>l Consiglio <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>Amministrazi<span class=\"_ _0\"></span>one. <span class=\"_ _a\"> </span>I <span class=\"_ _b\"> </span>settori <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>attivit\u00e0, <span class=\"_ _b\"> </span>i <span class=\"_ _a\"> </span>cui <span class=\"_ _b\"> </span>andamenti<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>risultat<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>vengono<span class=\"_ _0\"></span> periodicamente <span class=\"_ _e\"> </span>rivisti <span class=\"_ _e\"> </span>dal <span class=\"_ _5\"></span>COD<span class=\"_ _0\"></span>M, <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>fine <span class=\"_ _5\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>alloc<span class=\"_ _0\"></span>are <span class=\"_ _5\"> </span>le <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>isorse <span class=\"_ _e\"> </span>e <span class=\"_ _5\"> </span>val<span class=\"_ _0\"></span>utarne <span class=\"_ _e\"> </span>i <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>isultati, <span class=\"_ _e\"> </span>sono<span class=\"_ _0\"></span> rappresentati <span class=\"_ _3e\"> </span>dalle <span class=\"_ _13\"> </span>seg<span class=\"_ _0\"></span>uenti <span class=\"_ _13\"> </span>Bus<span class=\"_ _0\"></span>iness <span class=\"_ _3e\"> </span>Unit: <span class=\"_ _13\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_ _13\"> </span>Zucchi <span class=\"_ _3e\"> </span>con <span class=\"_ _13\"> </span>le <span class=\"_ _3e\"> </span>proprie <span class=\"_ _13\"> </span>f<span class=\"_ _0\"></span>iliali commerciali <span class=\"_ _3\"></span>estere, <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsociata <span class=\"_ _3\"></span>americana <span class=\"_ _3\"></span>Mascioni <span class=\"_ _3\"></span>USA <span class=\"_ _0\"></span>Inc., <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>attualmente <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ancora in <span class=\"_\"> </span>fase <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>ristrutturaz<span class=\"_ _0\"></span>ione, <span class=\"_ _a\"> </span>si <span class=\"_\"> </span>occupa <span class=\"_\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_\"> </span>settor<span class=\"_ _0\"></span>e <span class=\"_\"> </span>hospita<span class=\"_ _0\"></span>lity, <span class=\"_\"> </span>Bas<span class=\"_ _0\"></span>italia <span class=\"_ _a\"> </span>S.r.l. <span class=\"_\"> </span>che <span class=\"_\"> </span>s<span class=\"_ _0\"></span>volge<span class=\"_ _0\"></span> prevalentemente u<span class=\"_ _0\"></span>n\u2019attiv<span class=\"_ _0\"></span>it\u00e0 legata all\u2019hom<span class=\"_ _0\"></span>e decor ed al<span class=\"_ _0\"></span>la rinnovazio<span class=\"_ _0\"></span>ne. La <span class=\"_ _e\"> </span>Busi<span class=\"_ _0\"></span>ness <span class=\"_ _e\"> </span>U<span class=\"_ _0\"></span>nit <span class=\"_ _e\"> </span>Zuc<span class=\"_ _0\"></span>chi <span class=\"_ _e\"> </span>e <span class=\"_ _f\"> </span>Filiali <span class=\"_ _f\"> </span>si <span class=\"_ _e\"> </span>occupa<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>della <span class=\"_ _f\"> </span>vendita <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>della <span class=\"_ _f\"> </span>commercia<span class=\"_ _0\"></span>lizzazione <span class=\"_ _f\"> </span>di articoli di bianc<span class=\"_ _0\"></span>heria per la <span class=\"_ _0\"></span>casa a marchio Z<span class=\"_ _0\"></span>ucchi, Ba<span class=\"_ _0\"></span>ssetti e Descamps.<span class=\"_ _0\"></span> Gli <span class=\"_ _5\"> </span>artic<span class=\"_ _0\"></span>oli <span class=\"_ _e\"> </span>in <span class=\"_ _5\"></span>preced<span class=\"_ _0\"></span>enza <span class=\"_ _e\"> </span>citati <span class=\"_ _5\"></span>sono <span class=\"_ _e\"> </span>venduti <span class=\"_ _e\"> </span>nella <span class=\"_ _e\"> </span>fascia <span class=\"_ _e\"> </span>media <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>medio-alta <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>mercato attraverso <span class=\"_ _b\"> </span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _14\"> </span>l\u2019utilizzo <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>de<span class=\"_ _0\"></span>ttaglianti <span class=\"_ _b\"> </span>tra<span class=\"_ _0\"></span>dizionali, <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>catena <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>neg<span class=\"_ _0\"></span>ozi monomarca dirett<span class=\"_ _0\"></span>i o in fran<span class=\"_ _0\"></span>chising e della <span class=\"_ _0\"></span>grande distr<span class=\"_ _0\"></span>ibuzione (\u201cGDO\u201d<span class=\"_ _0\"></span>). Nella <span class=\"_ _f\"> </span>Business <span class=\"_ _f\"> </span>Unit <span class=\"_ _e\"> </span>Zuc<span class=\"_ _0\"></span>chi <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>F<span class=\"_ _0\"></span>iliali, <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>par<span class=\"_ _0\"></span>tire <span class=\"_ _f\"> </span>dalla <span class=\"_ _f\"> </span>data <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>acq<span class=\"_ _0\"></span>uisizione <span class=\"_ _f\"> </span>integra<span class=\"_ _0\"></span>le <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _f\"> </span>22 luglio 2022, sono s<span class=\"_ _0\"></span>tate incl<span class=\"_ _0\"></span>use le vendite <span class=\"_ _0\"></span>del gruppo D<span class=\"_ _0\"></span>escamps S.A.<span class=\"_ _0\"></span>S.. Si <span class=\"_ _5\"></span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _e\"> </span>che <span class=\"_ _5\"></span>la <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontrollat<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _e\"> </span>S.r.l., <span class=\"_ _e\"> </span>che <span class=\"_ _5\"> </span>inizialmente <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>occupava <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>vendita <span class=\"_ _5\"> </span>di<span class=\"_ _0\"></span> abbigliamento <span class=\"_ _9\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>ba<span class=\"_ _0\"></span>mbini <span class=\"_ _9\"> </span>tramite <span class=\"_ _9\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>negozi<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>ramo <span class=\"_ _9\"> </span>Kid<span class=\"_ _0\"></span>iliz <span class=\"_ _9\"> </span>acq<span class=\"_ _0\"></span>uisiti <span class=\"_ _9\"> </span>dal<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>Tribunale Fallimentare <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Parigi, ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onvertito <span class=\"_ _0\"></span>l\u2019at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>negozi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>dita d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>bianch<span class=\"_ _0\"></span>eria <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la casa. <span class=\"_ _5\"> </span>Conseg<span class=\"_ _0\"></span>uentemente <span class=\"_ _e\"> </span>la <span class=\"_ _5\"></span>societ\u00e0,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dall\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>2022, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"></span>stata <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>nglobata <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>ella <span class=\"_ _5\"> </span>Bus<span class=\"_ _0\"></span>iness Unit <span class=\"_ _f\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>F<span class=\"_ _0\"></span>iliali; <span class=\"_ _1\"> </span>i <span class=\"_ _1\"> </span>risultati <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ettore <span class=\"_ _1\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ell\u2019esercizio <span class=\"_ _1\"> </span>precedente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>riferivano principalmente a<span class=\"_ _0\"></span>lle vendite <span class=\"_ _0\"></span>di abbigliamen<span class=\"_ _0\"></span>to per bambi<span class=\"_ _0\"></span>ni. Basitalia <span class=\"_ _0\"></span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>occupa <span class=\"_ _0\"></span>prevale<span class=\"_ _0\"></span>ntemente <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>nuovo <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>legat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>all\u2019ho<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>dec<span class=\"_ _0\"></span>or <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>alla rinnovazione.<span class=\"_ _0\"></span> Si <span class=\"_ _123\"> </span>evidenzia <span class=\"_ _123\"> </span>che <span class=\"_ _123\"> </span>la <span class=\"_ _123\"> </span>Busines<span class=\"_ _0\"></span>s <span class=\"_ _123\"> </span>Unit <span class=\"_ _123\"> </span>Hospitali<span class=\"_ _0\"></span>ty, <span class=\"_ _123\"> </span>che <span class=\"_ _123\"> </span>dovr\u00e0 <span class=\"_ _123\"> </span>occupa<span class=\"_ _0\"></span>rsi <span class=\"_ _123\"> </span>della commercializz<span class=\"_ _0\"></span>azione di<span class=\"_ _0\"></span> pro<span class=\"_ _0\"></span>dotti pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>hotels <span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>unit\u00e0, <span class=\"_ _0\"></span>attualmente<span class=\"_ _0\"></span> \u00e8<span class=\"_ _0\"></span> ancora<span class=\"_ _0\"></span> in <span class=\"_ _0\"></span>fase <span class=\"_ _0\"></span>di ristrutturazione <span class=\"_ _0\"></span>e non si prev<span class=\"_ _0\"></span>edono effetti<span class=\"_ _0\"></span> per l\u2019anno 20<span class=\"_ _0\"></span>23.  Conto economico 2021 2021V. Zuc<span class=\"_ _0\"></span>chi e (in migliaia di euro)Hospitality<span class=\"_ _e4\"> </span>B<span class=\"_ _0\"></span>asitalia<span class=\"_ _81\"> </span>Zuck<span class=\"_ _0\"></span>ids<span class=\"_ _26\"> </span>Rettifiche<span class=\"_ _14b\"> </span>ConsolidatoFilialiVendite di sett<span class=\"_ _0\"></span>ore 88.873-4259.415-98.713Vendite da transazioni con altri settori <span class=\"_ _0\"></span>operativi3.681--3(3.684)-Vendite verso terzi92.554-4259.418(3.684)98.713Variaz.% 2021/202031,1%100,0%1912,4%38,9%Costo del venduto49.366-2893.653(3.232)50.076Margine industriale43.188-1365.765(452)48.637Costi operativi32.164-1.3439.608(843)42.272Altri costi<span class=\"_ _0\"></span> e (ricavi)(556)-(924)(535)877(1.138)Oneri e (proventi) di ristrutturazione375--6-381Risultato operativo (EBIT)11.205-(283)(3.314)(486)7.122% sui ricav<span class=\"_ _0\"></span>i12,1%-66,6%-35,2%7,2%Oneri (proventi) finanziar<span class=\"_ _2\"></span>i netti1.226-56405(49)1.638(Proventi) finanziari netti(216)----(216)Oneri finanziari netti1.442-56405(49)1.854(Proventi finanziari) da rinuncia debito bancario------Oneri  (proventi) da partecipazioni------Quote  (utili) perdite di partecipazioni contab. con il <span class=\"_ _0\"></span><span class=\"fc4 sc0\">m</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">P</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\">N</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">a</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">n</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">e</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">i</span><span class=\"fc4 sc0\">s</span><span class=\"fc4 sc0\">ca</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\"> </span>-<span class=\"_ _71\"> </span>-<span class=\"_ _90\"> </span>-<span class=\"_ _10a\"> </span>-<span class=\"_ _43\"> </span>-<span class=\"_ _40\"> </span>-RISULTATO PRIMA DELLE IMPOST<span class=\"_ _0\"></span>E9.979-(339)(3.719)(437)5.484Impost<span class=\"_ _0\"></span>e sul reddito1.117--(809)(126)182Risultato d'esercizio 8.862-(339)(2.910)(311)5.302Risultato d'esercizio di pertinenza di terzi------RISULTATO NETTO8.862-(339)(2.910)(311)5.302Amm<span class=\"_ _0\"></span>ortamenti e svalutazioni5.104-8212.876(740)8.061Stato patrimoniale 2021 al 31 dicembre 2021V. Zucchi e Hospitality<span class=\"_ _e7\"> </span>Basitalia<span class=\"_ _14c\"> </span>Zuckids<span class=\"_ _1b\"> </span>Rettifiche<span class=\"_ _14d\"> </span>Consolidato(in migliaia di euro)FilialiCrediti commerc<span class=\"_ _0\"></span>iali21.426327435(4.309)17.258Crediti finanziari verso controllante1.179----1.179Altri crediti e crediti <span class=\"_ _0\"></span>per imposte correnti3.678-259758(20)4.676Rimanenze31.276--2.731(452)33.555Debiti a breve (commerciali e altri<span class=\"_ _0\"></span> debiti)(26.069)(445)(722)(5.383)4.329(28.291)Capitale circolante netto31.490(413)(389)-1.859(452)28.377A<span class=\"_ _2\"></span>ttivit\u00e0 non correnti destinate alla vendita<span class=\"_ _31\"> </span><span class=\"ff3\">-<span class=\"_ _a3\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _113\"> </span></span>-Imm<span class=\"_ _0\"></span>obili, impianti e m<span class=\"_ _0\"></span>acchinari28.851-8517-29.376Diritto di utilizzo beni in Lease16.427-4.70111.654(4.102)28.680Attivit\u00e0 im<span class=\"_ _0\"></span>materiali 2.069-21--2.090Partecipazioni contabilizzate con il metodo del P.N. e altre230<span class=\"_ _a3\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _1c\"> </span>(116)<span class=\"_ _41\"> </span>114Altre attivit\u00e0 non correnti850-22323(155)1.040A<span class=\"_ _2\"></span>ttivo non corrente48.427-4.75212.494(4.373)61.300Benefici a dipendenti e altri debi<span class=\"_ _0\"></span>ti esigibili o<span class=\"_ _0\"></span>ltre l'esercizio successivo(4.635)-(8)(195)-(4.838)Fondi per rischi e one<span class=\"_ _0\"></span>ri e passivit\u00e0 per imposte differite(7.427)<span class=\"_ _a3\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _3a\"> </span>(47)<span class=\"_ _87\"> </span>677<span class=\"_ _2b\"> </span>(6.797)Rettifiche per minor valore dell'attivoCapitale investito netto67.855(413)4.35510.393(4.148)78.042Coperto da:Debiti correnti verso banche ed altri finanziatori862---862Debiti non correnti verso banche ed altri finanziatori17.333----17.333Debiti finanziari correnti verso altri finanziatori per beni in Lease3.565<span class=\"_ _a3\"> </span>-<span class=\"_ _86\"> </span>761<span class=\"_ _cc\"> </span>3.092<span class=\"_ _a3\"> </span>(725)<span class=\"_ _72\"> </span>6.693Debiti finanziari non correnti verso altri finanziatori per beni in Lease<span class=\"_ _a5\"> </span>13.207<span class=\"_ _a3\"> </span>-<span class=\"_ _3a\"> </span>3.971<span class=\"_ _150\"> </span>9.963<span class=\"_ _28\"> </span>(3.442)<span class=\"_ _a6\"> </span>23.699Disponibilit\u00e0 liquide e attivit\u00e0 finanziarie a breve(23.799)(20)(89)(1.403)-(25.311)Crediti finanziari verso controllate/collegate------Debiti comm<span class=\"_ _0\"></span>erciali ed altri debiti non correnti722----722Crediti finanziari verso correlate------Posizione <span class=\"_ _0\"></span>finanziaria netta11.890(20)4.64311.652(4.167)23.998Capitale e riserve di terzi------Patrimonio netto del Gru<span class=\"_ _0\"></span>ppo55.965(393)(288)-1.2591954.044Totale come sopra67.855(413)4.35510.393(4.148)78.042Conto economico 2022 2022Zuckids V. Zucchi<span class=\"_ _0\"></span> e (in migliaia di euro)Basitaliaabbigliamento Hospitality<span class=\"_ _ef\"> </span>Rett<span class=\"_ _0\"></span>ifiche<span class=\"_ _14d\"> </span>ConsolidatoFilialibambinoVendite di settore <span class=\"_ _151\"> </span>108.511<span class=\"_ _a9\"> </span>4.<span class=\"_ _0\"></span>814<span class=\"_ _18\"> </span>560<span class=\"_ _152\"> </span>-<span class=\"_ _47\"> </span>113.885Vendite da transazioni con altri settori operativi<span class=\"_ _153\"> </span>-<span class=\"_ _154\"> </span>-Vendite verso terzi<span class=\"_ _155\"> </span>108.511<span class=\"_ _a9\"> </span>4.<span class=\"_ _0\"></span>814<span class=\"_ _18\"> </span>560<span class=\"_ _152\"> </span>-<span class=\"_ _47\"> </span>113.885Variaz<span class=\"_ _2\"></span>.% 2022/2021<span class=\"_ _156\"> </span>17,2%<span class=\"_ _c6\"> </span>1032,7%<span class=\"_ _4a\"> </span>-94,1%<span class=\"_ _157\"> </span>15,4%Costo del venduto<span class=\"_ _158\"> </span>47.907<span class=\"_ _150\"> </span>3.299<span class=\"_ _18\"> </span>216<span class=\"_ _152\"> </span>-<span class=\"_ _a6\"> </span>51.422Margine ind<span class=\"_ _2\"></span>ustriale<span class=\"_ _159\"> </span>60.604<span class=\"_ _150\"> </span>1.515<span class=\"_ _18\"> </span>344<span class=\"_ _152\"> </span>-<span class=\"_ _a6\"> </span>62.463Costi operativi<span class=\"_ _bf\"> </span>52.868<span class=\"_ _150\"> </span>2<span class=\"_ _2\"></span>.174<span class=\"_ _8c\"> </span>1.119<span class=\"_ _15a\"> </span>(1.246)<span class=\"_ _a6\"> </span>54.915Altri costi e<span class=\"_ _0\"></span> (ricavi)<span class=\"_ _11d\"> </span>(1.342)<span class=\"_ _47\"> </span>(934)<span class=\"_ _15b\"> </span>68<span class=\"_ _e6\"> </span>1.280<span class=\"_ _28\"> </span>(928)Oneri e (proventi) di ristrutturazion<span class=\"_ _2\"></span>e<span class=\"_ _15c\"> </span>847<span class=\"_ _da\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _da\"> </span>847Risultato operativo (EBIT)<span class=\"_ _15d\"> </span>8.231<span class=\"_ _8e\"> </span>275<span class=\"_ _82\"> </span>(843)<span class=\"_ _da\"> </span>-<span class=\"_ _d9\"> </span>(34)<span class=\"_ _72\"> </span>7.629% sui ricavi<span class=\"_ _42\"> </span>7,6%<span class=\"_ _47\"> </span>5,7%<span class=\"_ _3b\"> </span>-150,5%<span class=\"_ _118\"> </span>6,7%Oneri (proven<span class=\"_ _2\"></span>ti) finanziari netti<span class=\"_ _15e\"> </span>2.204<span class=\"_ _28\"> </span>44<span class=\"_ _40\"> </span>-<span class=\"_ _bb\"> </span>(38)<span class=\"_ _72\"> </span>2.210(Proventi) finanziari netti<span class=\"_ _15f\"> </span>(127)<span class=\"_ _41\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _74\"> </span>(127)Oneri finanziari netti<span class=\"_ _d3\"> </span>2.331<span class=\"_ _28\"> </span>44<span class=\"_ _40\"> </span>-<span class=\"_ _bb\"> </span>(38)<span class=\"_ _72\"> </span>2.337(Proventi finanziari) da rinuncia de<span class=\"_ _2\"></span>bito bancario<span class=\"_ _5a\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _40\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-Oneri  (proventi) da par<span class=\"_ _2\"></span>tecipazioni<span class=\"_ _de\"> </span>-<span class=\"_ _a3\"> </span>-<span class=\"_ _40\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-Quote  (utili) perdite di partecipazioni contab. con il <span class=\"fc4 sc0\">m</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">d</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">P</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\">N</span><span class=\"fc4 sc0\">.</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">a</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">n</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\">t</span><span class=\"_ _0\"></span><span class=\"fc4 sc0\">t</span><span class=\"fc4 sc0\">o</span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\">f</span><span class=\"fc4 sc0\">i</span><span class=\"fc4 sc0\">s</span><span class=\"fc4 sc0\">c</span><span class=\"fc4 sc0\">a</span><span class=\"fc4 sc0\">l</span><span class=\"fc4 sc0\">e</span><span class=\"fc4 sc0\"> </span>-<span class=\"_ _da\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-RISULTATO PRIMA DELLE IMPOSTE<span class=\"_ _58\"> </span>6.027<span class=\"_ _8e\"> </span>231<span class=\"_ _82\"> </span>(843)<span class=\"_ _da\"> </span>-<span class=\"_ _5d\"> </span>4<span class=\"_ _72\"> </span>5.419Imposte su<span class=\"_ _0\"></span>l reddito<span class=\"_ _160\"> </span>2.310<span class=\"_ _28\"> </span>39<span class=\"_ _40\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _72\"> </span>2.349Risultato d'esercizio <span class=\"_ _151\"> </span>3.717<span class=\"_ _8e\"> </span>192<span class=\"_ _82\"> </span>(843)<span class=\"_ _161\"> </span>4<span class=\"_ _72\"> </span>3.070Risultato d'esercizio di pertinenza di terzi<span class=\"_ _e5\"> </span>-<span class=\"_ _41\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _152\"> </span>-<span class=\"_ _154\"> </span>-RISULTATO NETTO<span class=\"_ _1a\"> </span>3.717<span class=\"_ _8e\"> </span>192<span class=\"_ _82\"> </span>(843)<span class=\"_ _a3\"> </span>-<span class=\"_ _43\"> </span>4<span class=\"_ _72\"> </span>3.070Ammort<span class=\"_ _0\"></span>amenti e svalutazioni<span class=\"_ _de\"> </span>8.687<span class=\"_ _8e\"> </span>815<span class=\"_ _18\"> </span>214<span class=\"_ _11c\"> </span>(730)<span class=\"_ _82\"> </span>8.986Stato patrimoniale 2022 al 31 dicembre 2022V. Zucc<span class=\"_ _0\"></span>hi e Basitalia<span class=\"_ _ab\"> </span>Hospitality<span class=\"_ _162\"> </span>Rettifiche<span class=\"_ _81\"> </span>Consolidato(in migliaia di euro)FilialiCrediti comm<span class=\"_ _0\"></span>erciali14.12910533(1.555)12.712Crediti finanziari verso controllante-----Altri c<span class=\"_ _0\"></span>rediti e crediti per imposte co<span class=\"_ _0\"></span>rrenti3.2173.584-(224)6.577Rimanenze45.866---45.866Debiti a breve (commercial<span class=\"_ _0\"></span>i e altri debiti)(34.693)(3.890)(471)1.779(37.275)Capitale circolante netto28.519(201)(438)-27.880A<span class=\"_ _2\"></span>ttivit\u00e0 non correnti destinate alla vendita-<span class=\"_ _14e\"> </span>-<span class=\"_ _23\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _163\"> </span>-Imm<span class=\"_ _0\"></span>obili, impi<span class=\"_ _0\"></span>anti e macchi<span class=\"_ _0\"></span>nari26.8936--26.899Diritto di utilizzo beni in Lease35.1363.891-(3.372)35.655Attivit\u00e0 im<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>riali 14.94318--14.961Partecipazioni contabilizzate con il m<span class=\"_ _0\"></span>etodo del P.N. e altr<span class=\"_ _0\"></span>e580<span class=\"_ _14e\"> </span>-<span class=\"_ _23\"> </span>-<span class=\"_ _a6\"> </span>(466)<span class=\"_ _56\"> </span>114Altre attivit\u00e0 non cor<span class=\"_ _0\"></span>renti2.177167--2.344A<span class=\"_ _2\"></span>ttivo non corrente79.7294.082-(3.838)79.973Benefici a dipendenti e al<span class=\"_ _0\"></span>tri debiti esigibili<span class=\"_ _0\"></span> oltre l'esercizio successivo(4.369)(23)--(4.392)Fondi per ri<span class=\"_ _0\"></span>schi e oneri e passivit\u00e0 per impos<span class=\"_ _0\"></span>te differite(8.943)<span class=\"_ _87\"> </span>-<span class=\"_ _23\"> </span>-<span class=\"_ _74\"> </span>396<span class=\"_ _71\"> </span>(8.547)Rettifiche per minor valore dell'<span class=\"_ _0\"></span>attivoCapitale investito netto94.9363.858(438)(3.442)94.914Coperto da:Debiti correnti verso banche ed altri finanziatori5.088--5.088Debiti non correnti verso banche ed altri finanziatori16.445---16.445Debiti finanziari correnti verso altri finanziatori per beni in Lease7.740<span class=\"_ _74\"> </span>765<span class=\"_ _f6\"> </span>-<span class=\"_ _3a\"> </span>(729)<span class=\"_ _90\"> </span>7.776Debiti finanziari non correnti verso altri finanziatori per beni in Lease28.213<span class=\"_ _22\"> </span>3.163<span class=\"_ _23\"> </span>-<span class=\"_ _1b\"> </span>(2.713)<span class=\"_ _41\"> </span>28.664Disponibilit\u00e0 liquide e attivit\u00e0 f<span class=\"_ _0\"></span>inanziar<span class=\"_ _2\"></span>ie a breve(15.821)(334)(22)-(16.177)Crediti finanziari verso controllate/collegate-----Debiti com<span class=\"_ _0\"></span>merciali ed altri debiti non c<span class=\"_ _0\"></span>orrenti4.050---4.050Crediti finanziari verso correlate-----Posizione <span class=\"_ _0\"></span>finanziaria netta45.7153.594(22)(3.442)45.846Capitale e riserve di terzi-----Patrimonio ne<span class=\"_ _0\"></span>tto del Gruppo49.221264(416)-49.068Totale come sopra94.9363.858(438)(3.442)94.914",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__64": {
   "value": "Settori geograficiIl Gruppo opera co<span class=\"_ _0\"></span>n tutti i s<span class=\"_ _0\"></span>uoi settori di <span class=\"_ _0\"></span>attivit\u00e0 princ<span class=\"_ _0\"></span>ipalmente i<span class=\"_ _0\"></span>n Italia e<span class=\"_ _0\"></span>d Europa.  Le <span class=\"_ _e\"> </span>tabelle <span class=\"_ _e\"> </span>se<span class=\"_ _0\"></span>guenti <span class=\"_ _e\"> </span>presen<span class=\"_ _0\"></span>tano <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>esercizi <span class=\"_ _f\"> </span>2021 <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>ri<span class=\"_ _0\"></span>partizione <span class=\"_ _f\"> </span>dei <span class=\"_ _e\"> </span>ricavi <span class=\"_ _e\"> </span>per area <span class=\"_\"> </span>geografica <span class=\"_\"> </span>\u201cdi <span class=\"_ _1\"> </span>dest<span class=\"_ _0\"></span>inazione\u201d, <span class=\"_\"> </span>ovvero <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_\"> </span>riferimento <span class=\"_\"> </span>alla <span class=\"_ _1\"> </span>n<span class=\"_ _0\"></span>azionalit\u00e0 <span class=\"_\"> </span>del <span class=\"_\"> </span>cliente, <span class=\"_ _1\"> </span>e forniscono <span class=\"_ _0\"></span>dati patrimonia<span class=\"_ _0\"></span>li in <span class=\"_ _0\"></span>relazione al<span class=\"_ _0\"></span>le aree <span class=\"_ _0\"></span>geografiche <span class=\"_ _0\"></span>\u201cdi or<span class=\"_ _0\"></span>igine\u201d, <span class=\"_ _0\"></span>ovvero p<span class=\"_ _0\"></span>rendendo a <span class=\"_ _0\"></span>riferimento <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>paes<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>ubi<span class=\"_ _0\"></span>cazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>cui <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ere <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>apporto. <span class=\"_ _3\"></span>Nello <span class=\"_ _0\"></span>Stato<span class=\"_ _0\"></span> Patrimoniale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>quindi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>ripartite<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>riguardano, <span class=\"_ _5\"></span>oltre <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>voci <span class=\"_ _5\"></span>citate <span class=\"_ _5\"></span>per l\u2019informativa <span class=\"_\"> </span>primaria <span class=\"_\"> </span>di <span class=\"_\"> </span>settore, <span class=\"_\"> </span>anche <span class=\"_\"> </span>i <span class=\"_\"> </span>crediti <span class=\"_\"> </span>e <span class=\"_\"> </span>debiti <span class=\"_\"> </span>per <span class=\"_\"> </span>area <span class=\"_\"> </span>ge<span class=\"_ _2\"></span>ografica <span class=\"_\"> </span>in <span class=\"_\"> </span>quanto<span class=\"_ _0\"></span> caratterizzati da<span class=\"_ _0\"></span>lla \u201cdestina<span class=\"_ _0\"></span>zione\u201d e non \u201cda<span class=\"_ _0\"></span>ll\u2019origine\u201d c<span class=\"_ _0\"></span>ome criterio di<span class=\"_ _0\"></span> allocazione<span class=\"_ _0\"></span>.  Ricavi 2021 2021Altri paesi Paesi Italia<span class=\"_ _1b\"> </span>FranciaRettifiche<span class=\"_ _164\"> </span>Consolida<span class=\"_ _0\"></span>to(in migliaia di euro)europeiextraeuropeiRICAVIVendite  a terzi53.13315.05528.7281.797-98.713Variaz.%2021/202046,3%111,1%8,8%47,7%38,9%Stato patrimoniale 2021 2021Altri paes<span class=\"_ _0\"></span>i Paesi extra ItaliaRettific<span class=\"_ _0\"></span>he<span class=\"_ _e7\"> </span>Consoli<span class=\"_ _0\"></span>dato(in migliaia di euro)europeieuropeiATTIVITA'Attivit\u00e0 del s<span class=\"_ _0\"></span>ettore99.1723.327-(3.082)99.417Attivit\u00e0 non rip<span class=\"_ _0\"></span>artite43.86243.862Totale99.1723.327-40.780143.279PASSIVITA'Passivit\u00e0 d<span class=\"_ _0\"></span>el settor<span class=\"_ _0\"></span>e12.0901.8387(403)13.532Passivit\u00e0 n<span class=\"_ _0\"></span>on ripartit<span class=\"_ _0\"></span>e129.747129.747Totale12.0901.8387129.344143.279ALTRE INFORM<span class=\"_ _2\"></span>AZIONIInvestimen<span class=\"_ _0\"></span>ti in immo<span class=\"_ _0\"></span>bilizzazioni mate<span class=\"_ _0\"></span>riali e immateria<span class=\"_ _0\"></span>li1.101<span class=\"_ _130\"></span>      <span class=\"_ _0\"></span>   <span class=\"_ _126\"> </span>30<span class=\"_ _165\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _166\"> </span>1.131<span class=\"_ _124\"></span>        <span class=\"_ _0\"></span>   Ammortame<span class=\"_ _0\"></span>nti e svaluta<span class=\"_ _0\"></span>zioni7.7421.059-(740)8.061Ricavi 2022 2022Altri paesi Paesi Italia<span class=\"_ _34\"> </span>Franc<span class=\"_ _0\"></span>iaRettific<span class=\"_ _0\"></span>he<span class=\"_ _e1\"> </span>Consolidatoeuropeiextraeuropei(in migliaia di euro)RICAVIVendite  a te<span class=\"_ _0\"></span>rzi<span class=\"_ _146\"> </span>56.088<span class=\"_ _f1\"> </span>19.748<span class=\"_ _f1\"> </span>3<span class=\"_ _0\"></span>5.273<span class=\"_ _a6\"> </span>2.77<span class=\"_ _0\"></span>6<span class=\"_ _86\"> </span>-<span class=\"_ _ed\"></span>      <span class=\"_ _0\"></span>         <span class=\"_ _d0\"> </span>113<span class=\"_ _0\"></span>.885Variaz.%2022/2021<span class=\"_ _88\"> </span>5,6%<span class=\"_ _6d\"> </span>31,2%<span class=\"_ _6d\"> </span>22,8%<span class=\"_ _167\"> </span>54,5%<span class=\"_ _168\"> </span>15,4%Con <span class=\"_ _3\"></span>riferimento <span class=\"_ _3\"></span>alle <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>dite <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>mercati <span class=\"_ _3\"></span>geograf<span class=\"_ _0\"></span>ici <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>opera <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>registrato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un incremento <span class=\"_ _e\"> </span>generalizzato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>in <span class=\"_ _5\"> </span>tut<span class=\"_ _0\"></span>te <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>aree <span class=\"_ _5\"> </span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _e\"> </span>all\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _5\"></span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _5\"> </span>che,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>oprattutto per <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>paesi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>europei, <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>primo <span class=\"_ _3\"></span>trimestre<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aveva <span class=\"_ _3\"></span>subito <span class=\"_ _3\"></span>anc<span class=\"_ _0\"></span>ora <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>trizioni <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>causa della pandemia <span class=\"_ _0\"></span>da COVID-<span class=\"_ _0\"></span>19. Al <span class=\"_ _0\"></span>netto <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>consoli<span class=\"_ _0\"></span>damento <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Descamps <span class=\"_ _3\"></span>l\u2019incremento<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sarebbe <span class=\"_ _3\"></span>stato <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>8%, con <span class=\"_ _e\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>incrementi <span class=\"_ _f\"> </span>riguardanti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>altri <span class=\"_ _f\"> </span>paesi <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>paesi <span class=\"_ _f\"> </span>extraeuropei. <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>Francia <span class=\"_ _f\"> </span>sar<span class=\"_ _0\"></span>ebbe rimasta <span class=\"_ _8\"> </span>sostanz<span class=\"_ _0\"></span>ialmente <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>tabile <span class=\"_ _14\"> </span>m<span class=\"_ _0\"></span>entre <span class=\"_ _8\"> </span>per <span class=\"_ _8\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>riguarda <span class=\"_ _8\"> </span>l\u2019Italia <span class=\"_ _9\"> </span>si <span class=\"_ _14\"> </span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _8\"> </span>che l\u2019incremento <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>da <span class=\"_ _e\"> </span>ricondurr<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>nuova <span class=\"_ _e\"> </span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _e\"> </span>della<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>controllata <span class=\"_ _f\"> </span>Basitalia <span class=\"_ _e\"> </span>entrat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno regime nell\u2019es<span class=\"_ _0\"></span>ercizio in cor<span class=\"_ _0\"></span>so. Stato patrimoniale 2022 2022Altri paesi Paesi extra Italia<span class=\"_ _1b\"> </span>Fr<span class=\"_ _2\"></span>anciaRettifiche<span class=\"_ _164\"> </span>Consolidato(in migliaia di euro)europeieuropeiATTIVITA<span class=\"_ _2\"></span>'Attivit\u00e0 del se<span class=\"_ _0\"></span>ttore102.45826.9787.430-(4.564)132.302Attivit\u00e0 non rip<span class=\"_ _0\"></span>artite29.00329.003Totale102.45826.9787.430-24.439161.305PASSIVITA'Passivit\u00e0 del s<span class=\"_ _0\"></span>ettore12.4236.8061.6008(396)20.441Passivit\u00e0 non <span class=\"_ _0\"></span>ripartite140.864140.864Totale12.4236.8061.6008140.468161.305ALTRE INFORMAZION<span class=\"_ _2\"></span>IInvestimenti i<span class=\"_ _0\"></span>n immob<span class=\"_ _0\"></span>ilizzazioni mater<span class=\"_ _0\"></span>iali e immateriali1.808<span class=\"_ _169\"></span>         <span class=\"_ _30\"> </span>1<span class=\"_ _0\"></span>63<span class=\"_ _12c\"></span>  <span class=\"_ _0\"></span>         <span class=\"_ _fc\"> </span>409<span class=\"_ _12c\"></span>  <span class=\"_ _0\"></span>         <span class=\"_ _16a\"> </span>-<span class=\"_ _ed\"></span>               <span class=\"_ _2e\"> </span>2.380<span class=\"_ _16b\"></span>             Ammortamenti<span class=\"_ _0\"></span> e svalutazioni7.8458161.055-(730)8.986Sezione <span class=\"_ _ad\"> </span>C1 <span class=\"_ _ad\"> </span>- <span class=\"_ _ad\"> </span>NOTE <span class=\"_ _d6\"> </span>AL<span class=\"_ _0\"></span> <span class=\"_ _ad\"> </span>PROSPETTO <span class=\"_ _ad\"> </span>DELLA <span class=\"_ _d6\"> </span>SI<span class=\"_ _0\"></span>TUAZIONE <span class=\"_ _ad\"> </span>PATRIMONIALE <span class=\"_ _ad\"> </span>-FINANZIARIA CONSOLID<span class=\"_ _0\"></span>ATA ATTIVA",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__63": {
   "value": "Settori geograficiIl Gruppo opera co<span class=\"_ _0\"></span>n tutti i s<span class=\"_ _0\"></span>uoi settori di <span class=\"_ _0\"></span>attivit\u00e0 princ<span class=\"_ _0\"></span>ipalmente i<span class=\"_ _0\"></span>n Italia e<span class=\"_ _0\"></span>d Europa.  Le <span class=\"_ _e\"> </span>tabelle <span class=\"_ _e\"> </span>se<span class=\"_ _0\"></span>guenti <span class=\"_ _e\"> </span>presen<span class=\"_ _0\"></span>tano <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>esercizi <span class=\"_ _f\"> </span>2021 <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>2022 <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>ri<span class=\"_ _0\"></span>partizione <span class=\"_ _f\"> </span>dei <span class=\"_ _e\"> </span>ricavi <span class=\"_ _e\"> </span>per area <span class=\"_\"> </span>geografica <span class=\"_\"> </span>\u201cdi <span class=\"_ _1\"> </span>dest<span class=\"_ _0\"></span>inazione\u201d, <span class=\"_\"> </span>ovvero <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_\"> </span>riferimento <span class=\"_\"> </span>alla <span class=\"_ _1\"> </span>n<span class=\"_ _0\"></span>azionalit\u00e0 <span class=\"_\"> </span>del <span class=\"_\"> </span>cliente, <span class=\"_ _1\"> </span>e forniscono <span class=\"_ _0\"></span>dati patrimonia<span class=\"_ _0\"></span>li in <span class=\"_ _0\"></span>relazione al<span class=\"_ _0\"></span>le aree <span class=\"_ _0\"></span>geografiche <span class=\"_ _0\"></span>\u201cdi or<span class=\"_ _0\"></span>igine\u201d, <span class=\"_ _0\"></span>ovvero p<span class=\"_ _0\"></span>rendendo a <span class=\"_ _0\"></span>riferimento <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>paes<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>ubi<span class=\"_ _0\"></span>cazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>cui <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ere <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>apporto. <span class=\"_ _3\"></span>Nello <span class=\"_ _0\"></span>Stato<span class=\"_ _0\"></span> Patrimoniale<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>quindi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>assivit\u00e0 <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>ripartite<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>riguardano, <span class=\"_ _5\"></span>oltre <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>voci <span class=\"_ _5\"></span>citate <span class=\"_ _5\"></span>per l\u2019informativa <span class=\"_\"> </span>primaria <span class=\"_\"> </span>di <span class=\"_\"> </span>settore, <span class=\"_\"> </span>anche <span class=\"_\"> </span>i <span class=\"_\"> </span>crediti <span class=\"_\"> </span>e <span class=\"_\"> </span>debiti <span class=\"_\"> </span>per <span class=\"_\"> </span>area <span class=\"_\"> </span>ge<span class=\"_ _2\"></span>ografica <span class=\"_\"> </span>in <span class=\"_\"> </span>quanto<span class=\"_ _0\"></span> caratterizzati da<span class=\"_ _0\"></span>lla \u201cdestina<span class=\"_ _0\"></span>zione\u201d e non \u201cda<span class=\"_ _0\"></span>ll\u2019origine\u201d c<span class=\"_ _0\"></span>ome criterio di<span class=\"_ _0\"></span> allocazione<span class=\"_ _0\"></span>.  Ricavi 2021 2021Altri paesi Paesi Italia<span class=\"_ _1b\"> </span>FranciaRettifiche<span class=\"_ _164\"> </span>Consolida<span class=\"_ _0\"></span>to(in migliaia di euro)europeiextraeuropeiRICAVIVendite  a terzi53.13315.05528.7281.797-98.713Variaz.%2021/202046,3%111,1%8,8%47,7%38,9%Stato patrimoniale 2021 2021Altri paes<span class=\"_ _0\"></span>i Paesi extra ItaliaRettific<span class=\"_ _0\"></span>he<span class=\"_ _e7\"> </span>Consoli<span class=\"_ _0\"></span>dato(in migliaia di euro)europeieuropeiATTIVITA'Attivit\u00e0 del s<span class=\"_ _0\"></span>ettore99.1723.327-(3.082)99.417Attivit\u00e0 non rip<span class=\"_ _0\"></span>artite43.86243.862Totale99.1723.327-40.780143.279PASSIVITA'Passivit\u00e0 d<span class=\"_ _0\"></span>el settor<span class=\"_ _0\"></span>e12.0901.8387(403)13.532Passivit\u00e0 n<span class=\"_ _0\"></span>on ripartit<span class=\"_ _0\"></span>e129.747129.747Totale12.0901.8387129.344143.279ALTRE INFORM<span class=\"_ _2\"></span>AZIONIInvestimen<span class=\"_ _0\"></span>ti in immo<span class=\"_ _0\"></span>bilizzazioni mate<span class=\"_ _0\"></span>riali e immateria<span class=\"_ _0\"></span>li1.101<span class=\"_ _130\"></span>      <span class=\"_ _0\"></span>   <span class=\"_ _126\"> </span>30<span class=\"_ _165\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _166\"> </span>1.131<span class=\"_ _124\"></span>        <span class=\"_ _0\"></span>   Ammortame<span class=\"_ _0\"></span>nti e svaluta<span class=\"_ _0\"></span>zioni7.7421.059-(740)8.061Ricavi 2022 2022Altri paesi Paesi Italia<span class=\"_ _34\"> </span>Franc<span class=\"_ _0\"></span>iaRettific<span class=\"_ _0\"></span>he<span class=\"_ _e1\"> </span>Consolidatoeuropeiextraeuropei(in migliaia di euro)RICAVIVendite  a te<span class=\"_ _0\"></span>rzi<span class=\"_ _146\"> </span>56.088<span class=\"_ _f1\"> </span>19.748<span class=\"_ _f1\"> </span>3<span class=\"_ _0\"></span>5.273<span class=\"_ _a6\"> </span>2.77<span class=\"_ _0\"></span>6<span class=\"_ _86\"> </span>-<span class=\"_ _ed\"></span>      <span class=\"_ _0\"></span>         <span class=\"_ _d0\"> </span>113<span class=\"_ _0\"></span>.885Variaz.%2022/2021<span class=\"_ _88\"> </span>5,6%<span class=\"_ _6d\"> </span>31,2%<span class=\"_ _6d\"> </span>22,8%<span class=\"_ _167\"> </span>54,5%<span class=\"_ _168\"> </span>15,4%Con <span class=\"_ _3\"></span>riferimento <span class=\"_ _3\"></span>alle <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>dite <span class=\"_ _3\"></span>nei <span class=\"_ _3\"></span>mercati <span class=\"_ _3\"></span>geograf<span class=\"_ _0\"></span>ici <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>opera <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>registrato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un incremento <span class=\"_ _e\"> </span>generalizzato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>in <span class=\"_ _5\"> </span>tut<span class=\"_ _0\"></span>te <span class=\"_ _5\"> </span>le <span class=\"_ _e\"> </span>aree <span class=\"_ _5\"> </span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _e\"> </span>all\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _5\"></span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _5\"> </span>che,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>oprattutto per <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>paesi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>europei, <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>primo <span class=\"_ _3\"></span>trimestre<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aveva <span class=\"_ _3\"></span>subito <span class=\"_ _3\"></span>anc<span class=\"_ _0\"></span>ora <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>trizioni <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>causa della pandemia <span class=\"_ _0\"></span>da COVID-<span class=\"_ _0\"></span>19. Al <span class=\"_ _0\"></span>netto <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>consoli<span class=\"_ _0\"></span>damento <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>Descamps <span class=\"_ _3\"></span>l\u2019incremento<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sarebbe <span class=\"_ _3\"></span>stato <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>8%, con <span class=\"_ _e\"> </span>g<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>incrementi <span class=\"_ _f\"> </span>riguardanti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>altri <span class=\"_ _f\"> </span>paesi <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>paesi <span class=\"_ _f\"> </span>extraeuropei. <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>Francia <span class=\"_ _f\"> </span>sar<span class=\"_ _0\"></span>ebbe rimasta <span class=\"_ _8\"> </span>sostanz<span class=\"_ _0\"></span>ialmente <span class=\"_ _8\"> </span>s<span class=\"_ _0\"></span>tabile <span class=\"_ _14\"> </span>m<span class=\"_ _0\"></span>entre <span class=\"_ _8\"> </span>per <span class=\"_ _8\"> </span>quant<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>riguarda <span class=\"_ _8\"> </span>l\u2019Italia <span class=\"_ _9\"> </span>si <span class=\"_ _14\"> </span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _8\"> </span>che l\u2019incremento <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>da <span class=\"_ _e\"> </span>ricondurr<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>nuova <span class=\"_ _e\"> </span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _e\"> </span>della<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>controllata <span class=\"_ _f\"> </span>Basitalia <span class=\"_ _e\"> </span>entrat<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>pieno regime nell\u2019es<span class=\"_ _0\"></span>ercizio in cor<span class=\"_ _0\"></span>so. Stato patrimoniale 2022 2022Altri paesi Paesi extra Italia<span class=\"_ _1b\"> </span>Fr<span class=\"_ _2\"></span>anciaRettifiche<span class=\"_ _164\"> </span>Consolidato(in migliaia di euro)europeieuropeiATTIVITA<span class=\"_ _2\"></span>'Attivit\u00e0 del se<span class=\"_ _0\"></span>ttore102.45826.9787.430-(4.564)132.302Attivit\u00e0 non rip<span class=\"_ _0\"></span>artite29.00329.003Totale102.45826.9787.430-24.439161.305PASSIVITA'Passivit\u00e0 del s<span class=\"_ _0\"></span>ettore12.4236.8061.6008(396)20.441Passivit\u00e0 non <span class=\"_ _0\"></span>ripartite140.864140.864Totale12.4236.8061.6008140.468161.305ALTRE INFORMAZION<span class=\"_ _2\"></span>IInvestimenti i<span class=\"_ _0\"></span>n immob<span class=\"_ _0\"></span>ilizzazioni mater<span class=\"_ _0\"></span>iali e immateriali1.808<span class=\"_ _169\"></span>         <span class=\"_ _30\"> </span>1<span class=\"_ _0\"></span>63<span class=\"_ _12c\"></span>  <span class=\"_ _0\"></span>         <span class=\"_ _fc\"> </span>409<span class=\"_ _12c\"></span>  <span class=\"_ _0\"></span>         <span class=\"_ _16a\"> </span>-<span class=\"_ _ed\"></span>               <span class=\"_ _2e\"> </span>2.380<span class=\"_ _16b\"></span>             Ammortamenti<span class=\"_ _0\"></span> e svalutazioni7.8458161.055-(730)8.986Sezione <span class=\"_ _ad\"> </span>C1 <span class=\"_ _ad\"> </span>- <span class=\"_ _ad\"> </span>NOTE <span class=\"_ _d6\"> </span>AL<span class=\"_ _0\"></span> <span class=\"_ _ad\"> </span>PROSPETTO <span class=\"_ _ad\"> </span>DELLA <span class=\"_ _d6\"> </span>SI<span class=\"_ _0\"></span>TUAZIONE <span class=\"_ _ad\"> </span>PATRIMONIALE <span class=\"_ _ad\"> </span>-FINANZIARIA CONSOLID<span class=\"_ _0\"></span>ATA ATTIVA",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__65": {
   "value": "Nota 8 DISPONIBILITA\u2019 LIQUIDE E MEZZI EQUIVALENTI<span class=\"fs2\"> </span>31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Depositi<span class=\"_ _0\"></span> bancari15.71<span class=\"_ _0\"></span>424.855Assegni25133Denaro e val<span class=\"_ _0\"></span>ori di c<span class=\"_ _0\"></span>assa438323Totale16.17<span class=\"_ _0\"></span>725.311I depositi banc<span class=\"_ _0\"></span>ari sono a vi<span class=\"_ _0\"></span>sta e son<span class=\"_ _0\"></span>o remunerati ad un tas<span class=\"_ _0\"></span>so variabile <span class=\"_ _0\"></span>di circa 0,0<span class=\"_ _0\"></span>1%.  Il valore di carico <span class=\"_ _0\"></span>delle d<span class=\"_ _0\"></span>isponibilit\u00e0 si ri<span class=\"_ _0\"></span>tiene sia a<span class=\"_ _0\"></span>llineato al fa<span class=\"_ _0\"></span>ir value alla d<span class=\"_ _0\"></span>ata di bilanci<span class=\"_ _0\"></span>o. Al <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>garantire <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazioni <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>sensi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>stipu<span class=\"_ _0\"></span>lato con <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span>limity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncess<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pegno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo<span class=\"fs0 fc6\"> <span class=\"_ _3\"></span></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente dedicato <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>pagamenti <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ostituiti <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rza <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>atto <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>ottobre <span class=\"_ _3\"></span>2020 <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>che al <span class=\"_ _e\"> </span>31 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _e\"> </span>presentavano <span class=\"_ _f\"> </span>rispettiva<span class=\"_ _0\"></span>mente <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>saldo <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>11 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>8 migliaia di E<span class=\"_ _0\"></span>uro. Si <span class=\"_ _3\"></span>segnala <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>liqui<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>vincolati <span class=\"_ _3\"></span>della Capogruppo <span class=\"_\"> </span>per <span class=\"_\"> </span>un <span class=\"_ _1\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>20 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>depos<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>cauzionali <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span> garanzia di fidejus<span class=\"_ _0\"></span>sioni per <span class=\"_ _0\"></span>contratti d\u2019aff<span class=\"_ _0\"></span>itto della contr<span class=\"_ _0\"></span>ollata Bass<span class=\"_ _0\"></span>etti Deutschl<span class=\"_ _0\"></span>and. Per ulteriori co<span class=\"_ _0\"></span>mmenti si rimand<span class=\"_ _0\"></span>a alla Nota 2<span class=\"_ _0\"></span>0.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__66": {
   "value": "Nota 9 ATTIVITA\u2019 FINANZIARIE DETENUTE PER LA NEGOZIAZIONE 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _cf\"> </span>31.12<span class=\"_ _0\"></span>.2021(in migliaia di euro)Titoli--Al <span class=\"_ _b\"> </span>31 <span class=\"_ _14\"> </span>dicembre <span class=\"_ _b\"> </span>20<span class=\"_ _0\"></span>22 <span class=\"_ _14\"> </span>nessuna <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _b\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _b\"> </span>detiene <span class=\"_ _14\"> </span>attivit\u00e0 <span class=\"_ _14\"> </span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _b\"> </span>per <span class=\"_ _14\"> </span>la negoziazione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialAssetsHeldForTradingExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__67": {
   "value": "Nota 10 ALTRE ATTIVIT<span class=\"_ _0\"></span>A\u2019 FINANZIARIE 31.12<span class=\"_ _0\"></span>.2021<span class=\"_ _16c\"></span>31.12<span class=\"_ _0\"></span>.2022(in migliaia di euro)Correnti--Non corrent<span class=\"_ _0\"></span>i--Totale--Al 31 dicembre 2<span class=\"_ _0\"></span>022 non s<span class=\"_ _0\"></span>ussistono attivit\u00e0 f<span class=\"_ _0\"></span>inanziarie c<span class=\"_ _0\"></span>os\u00ec come nel<span class=\"_ _0\"></span>l\u2019esercizio prec<span class=\"_ _0\"></span>edente.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__68": {
   "value": "Nota 11 RIMANENZE<span class=\"fs2\"> </span>31.12.202231.12.2021Fondo Valori l<span class=\"_ _0\"></span>ordiValori netti<span class=\"_ _4d\"> </span>Valori netti(in migliaia di E<span class=\"_ _0\"></span>uro)deprezzamentoMaterie prim<span class=\"_ _0\"></span>e e sussidi<span class=\"_ _0\"></span>arieMaterie prime888861Materie sussi<span class=\"_ _0\"></span>diarie e <span class=\"_ _0\"></span>scorte varie1.4867767101.0061.5747767981.067Prodotti in la<span class=\"_ _0\"></span>v. e semila<span class=\"_ _0\"></span>voratiMerci in lavorazion<span class=\"_ _0\"></span>e56-5662Semila<span class=\"_ _0\"></span>vorati9.2138148.3999.2609.2698148.4559.322Prodotti finiti38.8272.21436.61323.166Totale 49.6703.80445.86633.555Si <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>egnala <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lore <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>rimanenz<span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>lordo <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fond<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _5\"></span>aumentato <span class=\"_ _d\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span>valori del <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>21 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _d\"></span>12,0 <span class=\"_ _d\"></span>milioni <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro; <span class=\"_ _5\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _5\"></span>del <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>solidamento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Descam<span class=\"_ _0\"></span>ps <span class=\"_ _d\"></span>l\u2019incr<span class=\"_ _0\"></span>emento sarebbe <span class=\"_ _1\"> </span>st<span class=\"_ _0\"></span>ato <span class=\"_ _1\"> </span>pari<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>6,2 <span class=\"_ _1\"> </span>milion<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_\"> </span>principalmente <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>causa <span class=\"_\"> </span>d<span class=\"_ _2\"></span>ello <span class=\"_\"> </span>stoccaggio derivante <span class=\"_ _5\"></span>dal <span class=\"_ _d\"></span>rallenta<span class=\"_ _0\"></span>mento<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>endite <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>part<span class=\"_ _0\"></span>ire <span class=\"_ _d\"></span>dal <span class=\"_ _5\"></span>mese <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>marzo <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _5\"></span>della <span class=\"_ _d\"></span>cr<span class=\"_ _0\"></span>isi economica pr<span class=\"_ _0\"></span>ovocata dalla <span class=\"_ _0\"></span>guerra tra Rus<span class=\"_ _0\"></span>sia e Ucraina<span class=\"_ _0\"></span>. Per <span class=\"_ _e\"> </span>quanto <span class=\"_ _e\"> </span>riguarda <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>tipologie <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>artico<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>che <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ompongo<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>magazzino, <span class=\"_ _e\"> </span>regis<span class=\"_ _0\"></span>triamo <span class=\"_ _e\"> </span>un incremento <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>prodotti <span class=\"_ _e\"> </span>finiti <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _5\"></span>13,0 <span class=\"_ _5\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>una <span class=\"_ _5\"> </span>dimi<span class=\"_ _0\"></span>nuzione <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _5\"></span>mater<span class=\"_ _0\"></span>ie prime <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>sussidiari<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>circa <span class=\"_ _5\"></span>0,3 <span class=\"_ _5\"> </span>mi<span class=\"_ _0\"></span>lioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>emilavorati <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>circ<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>0,7 <span class=\"_ _5\"> </span>milioni <span class=\"_ _e\"> </span>di Euro. Si <span class=\"_ _d\"></span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>rotazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>magazzino <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>passat<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>dai <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _5\"></span>8,0 <span class=\"_ _5\"></span>mesi <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>2021 <span class=\"_ _5\"> </span>a <span class=\"_ _5\"></span>circ<span class=\"_ _0\"></span>a 11,7 mesi de<span class=\"_ _0\"></span>l 2022. La movimentaz<span class=\"_ _0\"></span>ione del fon<span class=\"_ _0\"></span>do svalutazione <span class=\"_ _0\"></span>magazzino \u00e8 s<span class=\"_ _0\"></span>tata la segu<span class=\"_ _0\"></span>ente: Saldo al<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>204.843Utilizzo e ril<span class=\"_ _0\"></span>asci del<span class=\"_ _0\"></span>l'esercizio<span class=\"_ _0\"></span> 2021(791)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> 202192Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one9Saldo al<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>214.153Utilizzo e ril<span class=\"_ _0\"></span>asci del<span class=\"_ _0\"></span>l'esercizio<span class=\"_ _0\"></span> 2022(430)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> 202275Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one6Saldo al<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>223.804Le ri<span class=\"_ _0\"></span>manenze <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>minore <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>costo <span class=\"_ _3\"></span>di acq<span class=\"_ _0\"></span>uisto <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>uzione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>i<span class=\"_ _2\"></span>l <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tto di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ealizzo. <span class=\"_ _d\"></span>Il<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>realizz<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>corrispon<span class=\"_ _0\"></span>de <span class=\"_ _d\"></span>al <span class=\"_ _d\"></span>prez<span class=\"_ _0\"></span>zo <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>imato <span class=\"_ _d\"></span>nel <span class=\"_ _5\"></span>normale<span class=\"_ _0\"></span> svolgimento <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>netto <span class=\"_ _d\"></span>dei <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>stimati <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>com<span class=\"_ _0\"></span>pletamento <span class=\"_ _5\"></span>nonch\u00e9 <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>stima <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i costi necessari per<span class=\"_ _0\"></span> realizza<span class=\"_ _0\"></span>re la vendita.  Negli <span class=\"_ _11\"> </span>ultimi <span class=\"_ _11\"> </span>anni <span class=\"_ _11\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _11\"> </span>verificati <span class=\"_ _11\"> </span>radica<span class=\"_ _0\"></span>li <span class=\"_ _11\"> </span>cambiament<span class=\"_ _0\"></span>i <span class=\"_ _11\"> </span>che <span class=\"_ _11\"> </span>hanno <span class=\"_ _11\"> </span>tras<span class=\"_ _0\"></span>formato <span class=\"_ _11\"> </span>la Capogruppo <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>azienda <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>oduzione <span class=\"_ _e\"> </span>ad <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>zienda <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>empre <span class=\"_ _e\"> </span>pi\u00f9 <span class=\"_ _e\"> </span>orientata <span class=\"_ _e\"> </span>verso <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>etail, <span class=\"_ _e\"> </span>di conseguenza <span class=\"_ _14\"> </span>il <span class=\"_ _14\"> </span>metodo <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>ondo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _14\"> </span>delle <span class=\"_ _14\"> </span>rimane<span class=\"_ _0\"></span>nze <span class=\"_ _14\"> </span>viene calcolato basand<span class=\"_ _0\"></span>osi principalm<span class=\"_ _0\"></span>ente sul<span class=\"_ _0\"></span>la stagionalit\u00e0 e<span class=\"_ _0\"></span> la continuit\u00e0 d<span class=\"_ _0\"></span>el prodotto.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__69": {
   "value": "Nota 12 CREDITI COMMERCIALI<span class=\"fc5\"> </span>31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _cf\"> </span>31.1<span class=\"_ _0\"></span>2.2021(in migliaia di euro)CorrenteCrediti verso<span class=\"_ _0\"></span> terzi15.70320.737Crediti verso<span class=\"_ _0\"></span> imprese<span class=\"_ _0\"></span> coll<span class=\"_ _0\"></span>egateSvalutazione <span class=\"_ _0\"></span>crediti p<span class=\"_ _0\"></span>er risc<span class=\"_ _0\"></span>hi di in<span class=\"_ _0\"></span>esigibil<span class=\"_ _0\"></span>it\u00e0 e attua<span class=\"_ _0\"></span>lizzazione(2.991)<span class=\"_ _a0\"> </span>(3.47<span class=\"_ _0\"></span>9)12.71217.258Non correnteCrediti verso<span class=\"_ _0\"></span> terzi1.1491.142Crediti verso<span class=\"_ _0\"></span> imprese<span class=\"_ _0\"></span> coll<span class=\"_ _0\"></span>egateSvalutazione <span class=\"_ _0\"></span>crediti p<span class=\"_ _0\"></span>er risc<span class=\"_ _0\"></span>hi di in<span class=\"_ _0\"></span>esigibil<span class=\"_ _0\"></span>it\u00e0 e attua<span class=\"_ _0\"></span>lizzazione(1.149)<span class=\"_ _a0\"> </span>(1.14<span class=\"_ _0\"></span>2)--Totale 12.71217.258L\u2019adeguamento <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>cambio <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>vigor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>bilanci<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _3\"></span>espressi <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>luta <span class=\"_ _0\"></span>est<span class=\"_ _0\"></span>era in <span class=\"_ _e\"> </span>esser<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _f\"> </span>data <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>chi<span class=\"_ _0\"></span>usura <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>comportato <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>\u2019iscrizione <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>differenze ritenute sign<span class=\"_ _0\"></span>ificative.  La <span class=\"_ _3\"></span>Capogruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>posto <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>essere<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ces<span class=\"_ _0\"></span>sione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cred<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>avvenute<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>condizioni<span class=\"_ _0\"></span> pro <span class=\"_ _3\"></span>soluto. <span class=\"_ _d\"></span>Pertanto, <span class=\"_ _d\"></span>i <span class=\"_ _3\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>editi, <span class=\"_ _3\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>circ<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>13 <span class=\"_ _3\"></span>mil<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro, <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>stati <span class=\"_ _d\"></span>eliminati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dal bilancio <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>\u2019importo <span class=\"_ _3\"></span>incassato <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>actor, <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>486 <span class=\"_ _0\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro,<span class=\"_ _0\"></span> \u00e8 stato conta<span class=\"_ _0\"></span>bilizzato tra le <span class=\"_ _0\"></span>disponibilit\u00e0 <span class=\"_ _0\"></span>liquide.  I <span class=\"_ _1\"> </span>crediti<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>commerc<span class=\"_ _0\"></span>iali <span class=\"_ _1\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _1\"> </span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _1\"> </span>compre<span class=\"_ _0\"></span>ndono <span class=\"_ _1\"> </span>qu<span class=\"_ _0\"></span>elli <span class=\"_ _1\"> </span>vers<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ex-cli<span class=\"_ _0\"></span>ente <span class=\"_ _1\"> </span>affi<span class=\"_ _0\"></span>liato <span class=\"_ _1\"> </span>del<span class=\"_ _0\"></span>la Capogruppo <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ui, <span class=\"_ _5\"></span>in <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>2<span class=\"_ _0\"></span>0 <span class=\"_ _5\"></span>n<span class=\"_ _0\"></span>ovembre <span class=\"_ _5\"> </span>2012,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ottosc<span class=\"_ _0\"></span>ritta <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>scrittu<span class=\"_ _0\"></span>ra <span class=\"_ _5\"></span>privata notarile <span class=\"_ _a\"> </span>con <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>quale <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>cliente, <span class=\"_ _a\"> </span>riconoscen<span class=\"_ _0\"></span>do <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>debito, <span class=\"_ _a\"> </span>si <span class=\"_ _a\"> </span>\u00e8 <span class=\"_ _a\"> </span>impegnato <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>adempiere regolarmente a<span class=\"_ _0\"></span>l pag<span class=\"_ _0\"></span>amento delle <span class=\"_ _0\"></span>obbligazion<span class=\"_ _0\"></span>i nascenti <span class=\"_ _0\"></span>oltre a q<span class=\"_ _0\"></span>uelle con<span class=\"_ _0\"></span>nesse al <span class=\"_ _0\"></span>rientro de<span class=\"_ _0\"></span>l debito <span class=\"_ _1\"> </span>esistente <span class=\"_ _1\"> </span>alla <span class=\"_ _1\"> </span>data. <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>debito <span class=\"_ _f\"> </span>ogg<span class=\"_ _0\"></span>etto <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>ristrutturazione <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>fruttifero <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>interess<span class=\"_ _0\"></span>i. <span class=\"_ _1\"> </span>A garanzia <span class=\"_ _14\"> </span>del<span class=\"_ _0\"></span>l\u2019adempiment<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>delle <span class=\"_ _14\"> </span>o<span class=\"_ _0\"></span>bbligazioni <span class=\"_ _8\"> </span>patrimon<span class=\"_ _0\"></span>iali <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>cui <span class=\"_ _8\"> </span>alla <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>crittu<span class=\"_ _0\"></span>ra <span class=\"_ _14\"> </span>privata, l\u2019affiliato <span class=\"_ _e\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>riconosc<span class=\"_ _0\"></span>iuto <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>diritto <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>opzione <span class=\"_ _e\"> </span>su<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>vend<span class=\"_ _0\"></span>ita <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>tutti <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>pu<span class=\"_ _0\"></span>nti vendita <span class=\"_ _a\"> </span>dallo <span class=\"_ _a\"> </span>stesso <span class=\"_ _a\"> </span>gestiti <span class=\"_ _a\"> </span>e <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>costi<span class=\"_ _0\"></span>tuito <span class=\"_ _a\"> </span>ipoteca <span class=\"_ _a\"> </span>volontaria <span class=\"_ _a\"> </span>su <span class=\"_ _a\"> </span>alcuni <span class=\"_ _a\"> </span>immobili. <span class=\"_ _a\"> </span>Tale ristrutturazione <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>redito <span class=\"_ _5\"></span>ha <span class=\"_ _d\"></span>comport<span class=\"_ _0\"></span>ato <span class=\"_ _d\"></span>l\u2019<span class=\"_ _0\"></span>iscrizione <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>credito <span class=\"_ _5\"></span>commerciale <span class=\"_ _5\"></span>tra <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>part<span class=\"_ _0\"></span>ite non c<span class=\"_ _0\"></span>orrenti. <span class=\"_ _0\"></span>Nel <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>deg<span class=\"_ _0\"></span>li eserc<span class=\"_ _0\"></span>izi 2013-2017 <span class=\"_ _3\"></span>il cliente <span class=\"_ _3\"></span>ha<span class=\"_ _2\"></span> o<span class=\"_ _0\"></span>norato <span class=\"_ _0\"></span>rego<span class=\"_ _0\"></span>larmente <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>nuove scadenze e ha<span class=\"_ _0\"></span> adempiuto <span class=\"_ _0\"></span>al pagamento <span class=\"_ _0\"></span>delle rate<span class=\"_ _0\"></span> previste nel p<span class=\"_ _0\"></span>iano di rim<span class=\"_ _0\"></span>borso. Al term<span class=\"_ _0\"></span>ine dell\u2019esercizio<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>2018, <span class=\"_ _3e\"> </span>il <span class=\"_ _13\"> </span>cr<span class=\"_ _0\"></span>edito <span class=\"_ _13\"> </span>res<span class=\"_ _0\"></span>iduo <span class=\"_ _3e\"> </span>pari <span class=\"_ _13\"> </span>a <span class=\"_ _3e\"> </span>1,1 <span class=\"_ _13\"> </span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _13\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _13\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _13\"> </span>\u00e8 <span class=\"_ _3e\"> </span>invece <span class=\"_ _13\"> </span>s<span class=\"_ _0\"></span>tato completamente <span class=\"_ _3\"></span>svalutato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>seguito <span class=\"_ _0\"></span>dichi<span class=\"_ _0\"></span>arazione <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>allimento <span class=\"_ _3\"></span>avvenuta <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>5 <span class=\"_ _3\"></span>dicembre 2018. Con riferimen<span class=\"_ _0\"></span>to ai credit<span class=\"_ _0\"></span>i dell\u2019eserciz<span class=\"_ _0\"></span>io precedente<span class=\"_ _0\"></span> si ev<span class=\"_ _0\"></span>idenzia che il Gru<span class=\"_ _0\"></span>ppo vant<span class=\"_ _0\"></span>ava c<span class=\"_ _0\"></span>rediti commerciali <span class=\"_ _f\"> </span>nei <span class=\"_ _f\"> </span>confront<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>della <span class=\"_ _e\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>S.A.S., <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>llora <span class=\"_ _f\"> </span>parte <span class=\"_ _f\"> </span>correlata, <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>complessivi<span class=\"_ _0\"></span> 5.911 <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>(al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>59<span class=\"_ _0\"></span>8 <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>E<span class=\"_ _0\"></span>uro <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>attualizzazioni<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>sv<span class=\"_ _0\"></span>alutazioni) relativi a: - <span class=\"_ _d8\"> </span>5.387 <span class=\"_ _9\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>Euro <span class=\"_ _10\"> </span>derivanti <span class=\"_ _10\"> </span>da <span class=\"_ _10\"> </span>cessioni <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>b<span class=\"_ _0\"></span>eni <span class=\"_ _9\"> </span>e <span class=\"_ _10\"> </span>serv<span class=\"_ _0\"></span>izi <span class=\"_ _10\"> </span>dai <span class=\"_ _10\"> </span>contratti commerciali in es<span class=\"_ _0\"></span>sere; - <span class=\"_ _d8\"> </span>1.082 <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>(<span class=\"_ _0\"></span>svalutati <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>598 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>E<span class=\"_ _0\"></span>uro) <span class=\"_ _d\"></span>relativi <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>procedura <span class=\"_ _5\"></span>di R\u00e8dressement Jud<span class=\"_ _0\"></span>iciaire<span class=\"ff3\">; </span>- <span class=\"_ _d8\"> </span>40 migliaia di Euro rel<span class=\"_ _0\"></span>ativi ad altr<span class=\"_ _0\"></span>i crediti comm<span class=\"_ _0\"></span>erciali. Le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>poste <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>la D<span class=\"_ _0\"></span>escamps <span class=\"_ _0\"></span>S.<span class=\"_ _0\"></span>A.S. <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>el <span class=\"_ _0\"></span>corso <span class=\"_ _3\"></span>dell\u2019esercizio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>state regolate <span class=\"_ _d\"></span>dai <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _d\"></span>commer<span class=\"_ _0\"></span>ciali <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>cui<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>caratt<span class=\"_ _0\"></span>eristiche, <span class=\"_ _d\"></span>moda<span class=\"_ _0\"></span>lit\u00e0, <span class=\"_ _3\"></span>ter<span class=\"_ _0\"></span>mini <span class=\"_ _3\"></span>e <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ndizioni <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o contenuti <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>docum<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>inf<span class=\"_ _0\"></span>ormativi <span class=\"_ _d\"></span>pu<span class=\"_ _0\"></span>bblicati <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>data <span class=\"_ _5\"></span>3 <span class=\"_ _d\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _d\"></span>20<span class=\"_ _0\"></span>18, <span class=\"_ _d\"></span>7 <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ebbra<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>2020 <span class=\"_ _5\"></span>e 26 luglio 2021.<span class=\"_ _0\"></span> Di seguito la m<span class=\"_ _0\"></span>ovimentaz<span class=\"_ _0\"></span>ione del fondo s<span class=\"_ _0\"></span>valutazione c<span class=\"_ _0\"></span>rediti verso c<span class=\"_ _0\"></span>lienti: 31.12.2021<span class=\"_ _16f\"></span>31.12.2022(in migliaia di Euro)Saldo iniziale4.6215.260Accantonamento dell'e<span class=\"_ _2\"></span>sercizio 12053Utilizzi dell'esercizio (66)(43)Rilascio dell'e<span class=\"_ _2\"></span>sercizio (653)Differenze da conversion<span class=\"_ _2\"></span>e114Apporto per acquisizion<span class=\"_ _2\"></span>e nuova controllata52-Eliminazione fondo<span class=\"_ _2\"></span> svalutazione crediti Descamp<span class=\"_ _2\"></span>s<span class=\"_ _e6\"> </span>(598)<span class=\"_ _16d\"> </span>-<span class=\"_ _16e\"></span>          <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>        Saldo finale4.1404.621Il <span class=\"_ _1\"> </span>rilascio <span class=\"_ _1\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _1\"> </span>2021 <span class=\"_ _1\"> </span>compr<span class=\"_ _0\"></span>endeva <span class=\"_ _1\"> </span>638 <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro, <span class=\"_ _1\"> </span>relativ<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>alla <span class=\"_ _1\"> </span>Descamps<span class=\"_ _0\"></span> S.A.S., <span class=\"_ _8\"> </span>allora <span class=\"_ _8\"> </span>par<span class=\"_ _0\"></span>te <span class=\"_ _8\"> </span>correlata, <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>cu<span class=\"_ _0\"></span>i <span class=\"_ _8\"> </span>484 <span class=\"_ _8\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>Euro <span class=\"_ _8\"> </span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _8\"> </span>procedura <span class=\"_ _8\"> </span>di<span class=\"_ _0\"></span> R\u00e8dressement j<span class=\"_ _0\"></span>udiciaire.   L\u2019eliminazione<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>f<span class=\"_ _0\"></span>ondo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _14\"> </span>crediti <span class=\"_ _14\"> </span>verso <span class=\"_ _b\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _14\"> </span>(598 <span class=\"_ _b\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>Euro)<span class=\"_ _0\"></span> consegue <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nsolidament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>integrale <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>controllata <span class=\"_ _3\"></span>principiato <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>corrente <span class=\"_ _3\"></span>eserc<span class=\"_ _0\"></span>izio <span class=\"_ _0\"></span>ed alla realtiva e<span class=\"_ _0\"></span>liminazione d<span class=\"_ _0\"></span>ei crediti e deb<span class=\"_ _0\"></span>iti reciproci. Nota 13 CREDITI FINANZIARI   31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Correntecontroll<span class=\"_ _0\"></span>ante-1.179Crediti pe<span class=\"_ _0\"></span>r finanziam<span class=\"_ _0\"></span>enti a s<span class=\"_ _0\"></span>ociet<span class=\"_ _0\"></span>\u00e0 correlate--Totale -1.179I <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziari <span class=\"_ _5\"> </span>ver<span class=\"_ _0\"></span>so <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontrollante <span class=\"_ _e\"> </span>nell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>precedente <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>riferivano <span class=\"_ _5\"> </span>al <span class=\"_ _e\"> </span>credito <span class=\"_ _e\"> </span>della Capogruppo <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>ollante <span class=\"_ _3\"></span>Zucchi <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>1.179 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _3\"></span>(comprensivo di <span class=\"_ _5\"></span>29 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>interessi <span class=\"_ _e\"> </span>maturati). <span class=\"_ _e\"> </span>Come <span class=\"_ _e\"> </span>gi\u00e0 <span class=\"_ _5\"></span>seg<span class=\"_ _0\"></span>nalato, <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"></span>data <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>scadenza finale <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>30<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>giugno <span class=\"_ _5\"></span>2<span class=\"_ _0\"></span>022 <span class=\"_ _5\"> </span>la <span class=\"_ _5\"></span>co<span class=\"_ _0\"></span>ntrollante <span class=\"_ _5\"> </span>Zuc<span class=\"_ _0\"></span>chi <span class=\"_ _5\"> </span>S.p.A. <span class=\"_ _e\"> </span>ha <span class=\"_ _5\"></span>rimborsato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _5\"></span>in un\u2019unica <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>oluzione <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>aturati <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>un <span class=\"_ _5\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>plessivo <span class=\"_ _e\"> </span>di 1.207 migliaia <span class=\"_ _0\"></span>di Euro.<span class=\"_ _0\"></span> Nota 14 ALTRI CREDITI Gli <span class=\"_ _f\"> </span>\u201c<span class=\"_ _0\"></span>Altri <span class=\"_ _1\"> </span>crediti\u201d <span class=\"_ _1\"> </span>ammonta<span class=\"_ _0\"></span>no <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>mplessivamente<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>8.921<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>in <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>umento <span class=\"_ _1\"> </span>di 3.205 <span class=\"_ _e\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _f\"> </span>rispetto <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _e\"> </span>stes<span class=\"_ _0\"></span>so <span class=\"_ _e\"> </span>periodo <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ecedente. <span class=\"_ _f\"> </span>Al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>del gruppo Descamps<span class=\"_ _0\"></span> l\u2019increm<span class=\"_ _0\"></span>ento sarebb<span class=\"_ _0\"></span>e stato pari a 1<span class=\"_ _0\"></span>.889 migliai<span class=\"_ _0\"></span>a di Euro. 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _cf\"> </span>31.1<span class=\"_ _0\"></span>2.2021(in migliaia di euro)Corrente6.5774.676Non corrent<span class=\"_ _0\"></span>e2.3441.0408.9215.716Il dettaglio della <span class=\"_ _0\"></span>quota corr<span class=\"_ _0\"></span>ente e del<span class=\"_ _0\"></span>la quota non c<span class=\"_ _0\"></span>orrente \u00e8 cos<span class=\"_ _0\"></span>\u00ec composto:<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.<span class=\"_ _0\"></span>2021(in migliaia di euro)CorrenteAnticipi<span class=\"_ _0\"></span> a forni<span class=\"_ _0\"></span>tori6231.005Inps157190IVA5022.034Altri5.2951.4476.5774.676Non correnteDepositi<span class=\"_ _0\"></span> cauzionali1.7371.040Piani a <span class=\"_ _0\"></span>benefic<span class=\"_ _0\"></span>i definit<span class=\"_ _0\"></span>i a cred<span class=\"_ _0\"></span>ito (TFR)--Credito im<span class=\"_ _0\"></span>posta pe<span class=\"_ _0\"></span>r investim<span class=\"_ _0\"></span>enti i<span class=\"_ _0\"></span>ndustria <span class=\"_ _0\"></span>4.0264-Credito im<span class=\"_ _0\"></span>posta pe<span class=\"_ _0\"></span>r rice<span class=\"_ _0\"></span>rca e svilu<span class=\"_ _0\"></span>ppo42-Credito im<span class=\"_ _0\"></span>posta s<span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>50% - art.<span class=\"_ _0\"></span> 121145-Altri156-2.3441.040Totale8.9215.716La <span class=\"_ _c\"> </span>v<span class=\"_ _0\"></span>oce <span class=\"_ _12\"> </span>\u201cAltri\u201d <span class=\"_ _12\"> </span>della <span class=\"_ _c\"> </span>p<span class=\"_ _0\"></span>arte <span class=\"_ _12\"> </span>corrente <span class=\"_ _12\"> </span>comprende <span class=\"_ _12\"> </span>541 <span class=\"_ _12\"> </span>migliaia <span class=\"_ _12\"> </span>di <span class=\"_ _c\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _12\"> </span>derivanti dall\u2019acquisizione <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _1\"> </span>controllata <span class=\"_ _1\"> </span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>S.A.S., <span class=\"_ _1\"> </span>mentre <span class=\"_\"> </span>l<span class=\"_ _2\"></span>\u2019increment<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>attribuirsi principalmente <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>credito <span class=\"_ _3\"></span>d\u2019imposta <span class=\"_ _0\"></span>(s<span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>50% <span class=\"_ _3\"></span>art.121) <span class=\"_ _3\"></span>relativo <span class=\"_ _3\"></span>all\u2019attivit\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollata Basitalia S.r.l.<span class=\"_ _0\"></span> per un impor<span class=\"_ _0\"></span>to di 2.949 mi<span class=\"_ _0\"></span>gliaia di Euro.<span class=\"_ _0\"></span> La <span class=\"_ _d\"></span>qu<span class=\"_ _0\"></span>ota <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>corrente <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"></span>rappres<span class=\"_ _0\"></span>entata <span class=\"_ _5\"></span>dai <span class=\"_ _5\"></span>depositi <span class=\"_ _e\"> </span>cauzionali <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>ati <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>ut<span class=\"_ _0\"></span>enze <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>per alcuni <span class=\"_ _10\"> </span>contratti <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>locazi<span class=\"_ _0\"></span>one. <span class=\"_ _10\"> </span>L\u2019incremento <span class=\"_ _10\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>dov<span class=\"_ _0\"></span>uto <span class=\"_ _10\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _10\"> </span>all\u2019appo<span class=\"_ _0\"></span>rto <span class=\"_ _10\"> </span>della controllata Desc<span class=\"_ _0\"></span>amps S.A.<span class=\"_ _0\"></span>S..",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__70": {
   "value": "Nota 14 ALTRI CREDITI Gli <span class=\"_ _f\"> </span>\u201c<span class=\"_ _0\"></span>Altri <span class=\"_ _1\"> </span>crediti\u201d <span class=\"_ _1\"> </span>ammonta<span class=\"_ _0\"></span>no <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>mplessivamente<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>8.921<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>in <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>umento <span class=\"_ _1\"> </span>di 3.205 <span class=\"_ _e\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _f\"> </span>rispetto <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _e\"> </span>stes<span class=\"_ _0\"></span>so <span class=\"_ _e\"> </span>periodo <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>ecedente. <span class=\"_ _f\"> </span>Al <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>del gruppo Descamps<span class=\"_ _0\"></span> l\u2019increm<span class=\"_ _0\"></span>ento sarebb<span class=\"_ _0\"></span>e stato pari a 1<span class=\"_ _0\"></span>.889 migliai<span class=\"_ _0\"></span>a di Euro. 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _cf\"> </span>31.1<span class=\"_ _0\"></span>2.2021(in migliaia di euro)Corrente6.5774.676Non corrent<span class=\"_ _0\"></span>e2.3441.0408.9215.716Il dettaglio della <span class=\"_ _0\"></span>quota corr<span class=\"_ _0\"></span>ente e del<span class=\"_ _0\"></span>la quota non c<span class=\"_ _0\"></span>orrente \u00e8 cos<span class=\"_ _0\"></span>\u00ec composto:<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.<span class=\"_ _0\"></span>2021(in migliaia di euro)CorrenteAnticipi<span class=\"_ _0\"></span> a forni<span class=\"_ _0\"></span>tori6231.005Inps157190IVA5022.034Altri5.2951.4476.5774.676Non correnteDepositi<span class=\"_ _0\"></span> cauzionali1.7371.040Piani a <span class=\"_ _0\"></span>benefic<span class=\"_ _0\"></span>i definit<span class=\"_ _0\"></span>i a cred<span class=\"_ _0\"></span>ito (TFR)--Credito im<span class=\"_ _0\"></span>posta pe<span class=\"_ _0\"></span>r investim<span class=\"_ _0\"></span>enti i<span class=\"_ _0\"></span>ndustria <span class=\"_ _0\"></span>4.0264-Credito im<span class=\"_ _0\"></span>posta pe<span class=\"_ _0\"></span>r rice<span class=\"_ _0\"></span>rca e svilu<span class=\"_ _0\"></span>ppo42-Credito im<span class=\"_ _0\"></span>posta s<span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>50% - art.<span class=\"_ _0\"></span> 121145-Altri156-2.3441.040Totale8.9215.716La <span class=\"_ _c\"> </span>v<span class=\"_ _0\"></span>oce <span class=\"_ _12\"> </span>\u201cAltri\u201d <span class=\"_ _12\"> </span>della <span class=\"_ _c\"> </span>p<span class=\"_ _0\"></span>arte <span class=\"_ _12\"> </span>corrente <span class=\"_ _12\"> </span>comprende <span class=\"_ _12\"> </span>541 <span class=\"_ _12\"> </span>migliaia <span class=\"_ _12\"> </span>di <span class=\"_ _c\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _12\"> </span>derivanti dall\u2019acquisizione <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _1\"> </span>controllata <span class=\"_ _1\"> </span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>S.A.S., <span class=\"_ _1\"> </span>mentre <span class=\"_\"> </span>l<span class=\"_ _2\"></span>\u2019increment<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>attribuirsi principalmente <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>credito <span class=\"_ _3\"></span>d\u2019imposta <span class=\"_ _0\"></span>(s<span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>50% <span class=\"_ _3\"></span>art.121) <span class=\"_ _3\"></span>relativo <span class=\"_ _3\"></span>all\u2019attivit\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollata Basitalia S.r.l.<span class=\"_ _0\"></span> per un impor<span class=\"_ _0\"></span>to di 2.949 mi<span class=\"_ _0\"></span>gliaia di Euro.<span class=\"_ _0\"></span> La <span class=\"_ _d\"></span>qu<span class=\"_ _0\"></span>ota <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>corrente <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"></span>rappres<span class=\"_ _0\"></span>entata <span class=\"_ _5\"></span>dai <span class=\"_ _5\"></span>depositi <span class=\"_ _e\"> </span>cauzionali <span class=\"_ _5\"></span>vers<span class=\"_ _0\"></span>ati <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>ut<span class=\"_ _0\"></span>enze <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>per alcuni <span class=\"_ _10\"> </span>contratti <span class=\"_ _10\"> </span>di <span class=\"_ _10\"> </span>locazi<span class=\"_ _0\"></span>one. <span class=\"_ _10\"> </span>L\u2019incremento <span class=\"_ _10\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>dov<span class=\"_ _0\"></span>uto <span class=\"_ _10\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _10\"> </span>all\u2019appo<span class=\"_ _0\"></span>rto <span class=\"_ _10\"> </span>della controllata Desc<span class=\"_ _0\"></span>amps S.A.<span class=\"_ _0\"></span>S..",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__73": {
   "value": "Nota 15 IMMOBILI, IMPIANTI E MACCHINARI La <span class=\"_ _5\"></span>compos<span class=\"_ _0\"></span>izione <span class=\"_ _5\"></span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _5\"> </span>\u201cImmobi<span class=\"_ _0\"></span>li, <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>macchinari\u201d <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>am<span class=\"_ _0\"></span>mortamenti accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2<span class=\"_ _0\"></span>02231.12.2<span class=\"_ _0\"></span>021Fondo Valori lordiValori ne<span class=\"_ _0\"></span>tti <span class=\"_ _81\"> </span>Valori nett<span class=\"_ _0\"></span>i(in migliaia di Eu<span class=\"_ _0\"></span>ro)ammortame<span class=\"_ _0\"></span>ntoTerreni19.258-19.25821.950Fabbric<span class=\"_ _0\"></span>ati37.43732.2545.1835.925Impiant<span class=\"_ _0\"></span>i e macch<span class=\"_ _0\"></span>inari24.14123.726415200Attrezzature257257--Altri ben<span class=\"_ _0\"></span>i22.44521.446999503Migliorie su <span class=\"_ _0\"></span>beni di terzi3.9472.9281.019517Immobi<span class=\"_ _0\"></span>lizzazioni in cors<span class=\"_ _0\"></span>o e acc<span class=\"_ _0\"></span>onti25-25281107.51080.61126.89929.376Si <span class=\"_\"> </span>for<span class=\"_ _0\"></span>nisce <span class=\"_ _a\"> </span>inoltre <span class=\"_\"> </span>q<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>seguit<span class=\"_ _0\"></span>o <span class=\"_\"> </span>l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _a\"> </span>movimenti <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>imm<span class=\"_ _0\"></span>obilizzazioni <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>degli ammortament<span class=\"_ _0\"></span>i accumulati i<span class=\"_ _0\"></span>ntervenuti nel c<span class=\"_ _0\"></span>orso dell\u2019es<span class=\"_ _0\"></span>ercizio: Ammorta<span class=\"_ _0\"></span>menti Valore lordoaccumul<span class=\"_ _0\"></span>ati e Valore net<span class=\"_ _0\"></span>to(in migliaia di E<span class=\"_ _0\"></span>uro)svalutazioniSaldi al 3<span class=\"_ _0\"></span>1.12.2020108.08478.83729.247Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2021:per acquis<span class=\"_ _0\"></span>ti819-819per accon<span class=\"_ _0\"></span>ti252-252per svaluta<span class=\"_ _0\"></span>zioni(67)-(67)per rilasc<span class=\"_ _0\"></span>io fondo <span class=\"_ _0\"></span>svalutazioni---per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(176)(166)(10)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he ---per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori46<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>45<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>1<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2021108.95879.58229.376Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2022:per acquis<span class=\"_ _0\"></span>ti1.683-1.683per apport<span class=\"_ _0\"></span>i nuova con<span class=\"_ _0\"></span>trollata11.01010.888122per accon<span class=\"_ _0\"></span>ti(252)-(252)per svaluta<span class=\"_ _0\"></span>zioni(7)-(7)per ammo<span class=\"_ _0\"></span>rtamenti-900(900)per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(13.971)(10.811)(3.160)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he 33-33per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori56<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>52<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>4<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2022107.51080.61126.899Gli <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferiscon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>prev<span class=\"_ _0\"></span>alentement<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>vendita <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>1.0<span class=\"_ _0\"></span>69 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>all\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>nuov<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>macchinario <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>180 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>a lavori <span class=\"_ _3\"></span>sug<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>stabi<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>82 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>all\u2019acquis<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>computer<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ed altri beni per 35<span class=\"_ _0\"></span>2 migliaia d<span class=\"_ _0\"></span>i Euro. La <span class=\"_ _5\"></span>sv<span class=\"_ _0\"></span>alutazione <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>7 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferita <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>ter<span class=\"_ _0\"></span>reno <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Galliate, <span class=\"_ _e\"> </span>effettuata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Come gi\u00e0 s<span class=\"_ _0\"></span>egnalato, <span class=\"_ _0\"></span>in data 23 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022 l<span class=\"_ _0\"></span>a Capogrup<span class=\"_ _0\"></span>po ha ced<span class=\"_ _0\"></span>uto l\u2019intero<span class=\"_ _0\"></span> comples<span class=\"_ _0\"></span>so industriale di N<span class=\"_ _0\"></span>otaresc<span class=\"_ _0\"></span>o che <span class=\"_ _0\"></span>era c<span class=\"_ _0\"></span>onsiderato in <span class=\"_ _0\"></span>dismissione m<span class=\"_ _0\"></span>a non c<span class=\"_ _0\"></span>lassificato <span class=\"_ _0\"></span>tra le <span class=\"_ _0\"></span>attivit\u00e0 non <span class=\"_\"> </span>correnti <span class=\"_\"> </span>destinate <span class=\"_\"> </span>alla <span class=\"_\"> </span>vendita <span class=\"_\"> </span>non <span class=\"_\"> </span>essendosi <span class=\"_ _1\"> </span>v<span class=\"_ _0\"></span>erificate <span class=\"_\"> </span>tutte <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_\"> </span>previste<span class=\"_ _0\"></span> dall\u2019IFRS <span class=\"_ _3\"></span>5. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>corrispettivo <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>essione, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3.000 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span>tanzialmente <span class=\"_ _3\"></span>in linea <span class=\"_\"> </span>col <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>del<span class=\"_ _0\"></span>l\u2019area <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2021 <span class=\"_\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_\"> </span>un <span class=\"_\"> </span>terzo <span class=\"_ _a\"> </span>indipendente, <span class=\"_ _a\"> </span>ha generato <span class=\"_ _f\"> </span>una <span class=\"_ _e\"> </span>minusval<span class=\"_ _0\"></span>enza <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>154 <span class=\"_ _e\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _f\"> </span>Si <span class=\"_ _e\"> </span>evidenzia <span class=\"_ _f\"> </span>inoltre <span class=\"_ _e\"> </span>che,<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>nell\u2019amb<span class=\"_ _0\"></span>ito dell\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>Capogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>reg<span class=\"_ _0\"></span>istrato <span class=\"_ _1\"> </span>un\u2019ulter<span class=\"_ _0\"></span>iore <span class=\"_ _1\"> </span>perdita <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>150 <span class=\"_\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>Euro riferita <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>un\u2019indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _a\"> </span>risarcitoria <span class=\"_ _a\"> </span>p<span class=\"_ _0\"></span>agata <span class=\"_ _a\"> </span>all\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>prevista <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>alc<span class=\"_ _0\"></span>une <span class=\"_ _a\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> La <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>posizione <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _e\"> </span>\u201cDiritto <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>ut<span class=\"_ _0\"></span>ilizzo <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>Lease\u201d <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>relativi <span class=\"_ _e\"> </span>ammortamenti<span class=\"_ _0\"></span> accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2022<span class=\"_ _161\"> </span>3<span class=\"_ _0\"></span>1.12.202<span class=\"_ _0\"></span>1Ammortamenti<span class=\"_ _0\"></span> Valore lordoValore nett<span class=\"_ _0\"></span>o<span class=\"_ _ef\"> </span>Va<span class=\"_ _0\"></span>lore netto(in migli<span class=\"_ _0\"></span>aia di Euro)accumu<span class=\"_ _0\"></span>latiFabbricati<span class=\"_ _0\"></span> in Lease52.92318.45634.46728.472Impianti e<span class=\"_ _0\"></span> macchina<span class=\"_ _0\"></span>ri in Le<span class=\"_ _0\"></span>ase1.2301821.048-Altri beni i<span class=\"_ _0\"></span>n Lease60946914020854.76219.10735.65528.680La voce <span class=\"_ _0\"></span>\u201cFabbricati <span class=\"_ _0\"></span>in l<span class=\"_ _0\"></span>ease\u201d s<span class=\"_ _0\"></span>i riferisce <span class=\"_ _0\"></span>alla loc<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>degli immob<span class=\"_ _0\"></span>ili ove s<span class=\"_ _0\"></span>ono ub<span class=\"_ _0\"></span>icati i <span class=\"_ _0\"></span>punti vendita <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _d\"></span>gli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Impianti <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>mac<span class=\"_ _0\"></span>chinari <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>Lease\u201d <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>riferit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>leas<span class=\"_ _0\"></span>ing finanziario <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>eso <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>l\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>macchinari<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>mentre <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>\u201caltri <span class=\"_ _3\"></span>beni in Lease\u201d si riferisc<span class=\"_ _0\"></span>ono alla <span class=\"_ _0\"></span>locazione di <span class=\"_ _0\"></span>autovetture. Si f<span class=\"_ _0\"></span>ornisce <span class=\"_ _0\"></span>inoltre <span class=\"_ _3\"></span>qui di <span class=\"_ _0\"></span>seguit<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i m<span class=\"_ _0\"></span>ovimenti<span class=\"_ _0\"></span> dei\u201d <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>iritti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>utilizz<span class=\"_ _0\"></span>o be<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Lease\u201d <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> degli ammortam<span class=\"_ _0\"></span>enti accum<span class=\"_ _0\"></span>ulati al 31 dicem<span class=\"_ _0\"></span>bre 2021 e<span class=\"_ _0\"></span> 2022: Ammortam<span class=\"_ _0\"></span>enti Valore lo<span class=\"_ _0\"></span>rdoaccumu<span class=\"_ _0\"></span>lati e Valore n<span class=\"_ _0\"></span>etto(in migliaia di Euro)svalutazioniSaldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>033.0877.85125.236Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2021:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase141141per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease6.825(6.825)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(882)(882)-per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati10.11010.110per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori685018Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>142.52413.84428.680Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2022:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase5.2035.203per appo<span class=\"_ _0\"></span>rto nuova co<span class=\"_ _0\"></span>ntrollata7.7777.777per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease7.566(7.566)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(3.018)(2.356)(662)per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati2.1782.178per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori985345Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>254.76219.10735.655Nell\u2019esercizio <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ncrementi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>5.203 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l\u2019apertura <span class=\"_ _3\"></span>di nuov<span class=\"_ _0\"></span>i contratti <span class=\"_ _f\"> </span>relativi <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>mac<span class=\"_ _0\"></span>chinario <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>noleggio <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>autov<span class=\"_ _0\"></span>etture <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>di contratti <span class=\"_ _e\"> </span>d\u2019<span class=\"_ _0\"></span>affitto <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _e\"> </span>all<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _e\"> </span>Bas<span class=\"_ _0\"></span>setti <span class=\"_ _e\"> </span>Sch<span class=\"_ _0\"></span>weiz <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>Z<span class=\"_ _0\"></span>uckids. <span class=\"_ _f\"> </span>Dagli <span class=\"_ _e\"> </span>inc<span class=\"_ _0\"></span>rementi <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> diritti <span class=\"_ _0\"></span>d\u2019uso re<span class=\"_ _0\"></span>lativi all<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>estensioni d<span class=\"_ _0\"></span>ei c<span class=\"_ _0\"></span>ontratti <span class=\"_ _0\"></span>di aff<span class=\"_ _0\"></span>itto <span class=\"_ _0\"></span>gi\u00e0 in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e, pari<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>2.178 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>derivato <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>ana<span class=\"_ _0\"></span>logo <span class=\"_ _f\"> </span>incremen<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>delle <span class=\"_ _1\"> </span>corrispondenti <span class=\"_ _f\"> </span>passivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _f\"> </span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _f\"> </span>(c<span class=\"_ _0\"></span>ome pure <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nuovi <span class=\"_ _3\"></span>contratti <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>periodo). <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>verificata <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>duzione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori pari a 662 m<span class=\"_ _0\"></span>igliaia di Euro <span class=\"_ _0\"></span>a seguito de<span class=\"_ _0\"></span>lla chiusura d<span class=\"_ _0\"></span>i alcuni contr<span class=\"_ _0\"></span>atti.   Valutazione aree<span class=\"_ _0\"></span> in dismiss<span class=\"_ _0\"></span>ione Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>l\u2019area <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Ca<span class=\"_ _0\"></span>sorezzo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>considerata <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>smissione <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alcun<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>eserciz<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n classificata <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>corrent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>destinate<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>vendita <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>essen<span class=\"_ _0\"></span>dosi <span class=\"_ _0\"></span>verific<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>tutt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> condizioni <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>all\u2019IFRS <span class=\"_ _5\"></span>5. <span class=\"_ _d\"></span>La <span class=\"_ _5\"></span>valut<span class=\"_ _0\"></span>azione <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019area <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"></span>2022, <span class=\"_ _d\"></span>ottenu<span class=\"_ _0\"></span>ta <span class=\"_ _d\"></span>da un terzo indipend<span class=\"_ _0\"></span>ente, am<span class=\"_ _0\"></span>monta a 12,1<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o. Il fa<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>dell\u2019unit\u00e0 <span class=\"_ _3\"></span>immobiliare <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>all\u2019ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stimato <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i u<span class=\"_ _0\"></span>na pro<span class=\"_ _0\"></span>priet\u00e0<span class=\"_ _0\"></span> dovr<span class=\"_ _0\"></span>ebbe essere <span class=\"_ _0\"></span>cedu<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>acquistata<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utazione<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nditore <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquirente<span class=\"_ _0\"></span> entrambi <span class=\"_ _10\"> </span>inter<span class=\"_ _0\"></span>essati <span class=\"_ _10\"> </span>alla <span class=\"_ _11\"> </span>transazione, <span class=\"_ _10\"> </span>a <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_ _11\"> </span>concorrenziali, <span class=\"_ _10\"> </span>do<span class=\"_ _0\"></span>po <span class=\"_ _10\"> </span>un\u2019adeg<span class=\"_ _0\"></span>uata trattativa <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>parti<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>biano <span class=\"_ _0\"></span>agito <span class=\"_ _3\"></span>in modo <span class=\"_ _0\"></span>informa<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>hanno <span class=\"_ _0\"></span>considerat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>i beni <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>destinazione <span class=\"_ _e\"> </span>d\u2019uso <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferimen<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>della <span class=\"_ _5\"></span>stima <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>mobili <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tati stimati <span class=\"_ _e\"> </span>sul<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>criter<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>trasf<span class=\"_ _0\"></span>ormazione <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>quale <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ene deriva <span class=\"_ _e\"> </span>dall\u2019attualizzazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>cash <span class=\"_ _e\"> </span>flow <span class=\"_ _5\"> </span>ge<span class=\"_ _0\"></span>nerato <span class=\"_ _e\"> </span>dall\u2019operazione <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _e\"> </span>immobiliare, sulla <span class=\"_ _f\"> </span>b<span class=\"_ _0\"></span>ase <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>ricavi <span class=\"_ _1\"> </span>attesi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>som<span class=\"_ _0\"></span>matoria <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>costi <span class=\"_ _1\"> </span>da <span class=\"_ _f\"> </span>sos<span class=\"_ _0\"></span>tenere <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>realizz<span class=\"_ _0\"></span>are <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a trasformazione.<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>appropr<span class=\"_ _0\"></span>iato <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ualizzazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>considera<span class=\"_ _0\"></span> le <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>omponent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>finanziarie ed <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>rischi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>mprenditorial<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>ll\u2019operazione. <span class=\"_ _1\"> </span>La <span class=\"_ _f\"> </span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>tenuto <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>costi <span class=\"_ _1\"> </span>di cessione. Valutazione terr<span class=\"_ _0\"></span>eni I <span class=\"_ _0\"></span>terr<span class=\"_ _0\"></span>eni <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osto <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>determinato <span class=\"_ _3\"></span>corrispondente <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>della transizione <span class=\"_ _5\"></span>agl<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>IFR<span class=\"_ _0\"></span>S <span class=\"_ _d\"></span>(1<span class=\"_ _0\"></span>\u00b0 <span class=\"_ _5\"></span>gennaio <span class=\"_ _5\"></span>2004)<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>seguito <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>perizia <span class=\"_ _5\"> </span>di <span class=\"_ _5\"></span>periti <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>perti <span class=\"_ _5\"></span>indipende<span class=\"_ _0\"></span>nti, redatta <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _f\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>Standard <span class=\"_ _f\"> </span>In<span class=\"_ _0\"></span>ternazion<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ione; <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>riva<span class=\"_ _0\"></span>lutazion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>stata effettuata sulla <span class=\"_ _0\"></span>base dei va<span class=\"_ _0\"></span>lori di mercato.<span class=\"_ _0\"></span> L\u2019importo <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>lutazione <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>trans<span class=\"_ _0\"></span>izione a<span class=\"_ _0\"></span>gli IF<span class=\"_ _0\"></span>RS (<span class=\"_ _0\"></span>36,8 <span class=\"_ _0\"></span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro), <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto delle imposte <span class=\"_ _0\"></span>differite (11,7<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o), \u00e8 stato a<span class=\"_ _0\"></span>llocato a patr<span class=\"_ _0\"></span>imonio netto.<span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>iduo <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ggi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla riva<span class=\"_ _0\"></span>lutazione, <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iminuit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di dism<span class=\"_ _0\"></span>issioni <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzate <span class=\"_ _0\"></span>dal<span class=\"_ _0\"></span> 2004 <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>oggi, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>20,4 <span class=\"_ _3\"></span>milioni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>relative <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _3\"></span>differite <span class=\"_ _3\"></span>ammontano <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>7 milioni di Euro.<span class=\"_ _0\"></span> Trattandosi <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>terren<span class=\"_ _0\"></span>i, <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>mercato <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>stato <span class=\"_\"> </span>determinato <span class=\"_\"> </span>facendo <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>imento <span class=\"_\"> </span>alla destinazione <span class=\"_ _3\"></span>urbanistica <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>suo<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>potenz<span class=\"_ _0\"></span>ialit\u00e0 <span class=\"_ _0\"></span>edific<span class=\"_ _0\"></span>atorie <span class=\"_ _0\"></span>previste<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>umenti <span class=\"_ _0\"></span>di pianificazione <span class=\"_ _0\"></span>urbanistica v<span class=\"_ _0\"></span>igenti (appr<span class=\"_ _0\"></span>ovati o adottat<span class=\"_ _0\"></span>i). Laddove <span class=\"_ _b\"> </span>ritenuto <span class=\"_ _a\"> </span>oppor<span class=\"_ _0\"></span>tuno <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>stati <span class=\"_ _b\"> </span>applicati <span class=\"_ _a\"> </span>fa<span class=\"_ _0\"></span>ttori <span class=\"_ _a\"> </span>cor<span class=\"_ _0\"></span>rettivi <span class=\"_ _a\"> </span>per <span class=\"_ _b\"> </span>tener <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _a\"> </span>del<span class=\"_ _0\"></span>le caratteristiche i<span class=\"_ _0\"></span>ntrinseche ed es<span class=\"_ _0\"></span>trinseche ai s<span class=\"_ _0\"></span>ingoli lotti <span class=\"_ _0\"></span>di terreno. Ai <span class=\"_ _b\"> </span>fi<span class=\"_ _0\"></span>ni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _14\"> </span>redaz<span class=\"_ _0\"></span>ione <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>31 <span class=\"_ _14\"> </span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>022, <span class=\"_ _14\"> </span>stante<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>persistente<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cr<span class=\"_ _0\"></span>isi economico-finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>carat<span class=\"_ _0\"></span>terizzato <span class=\"_ _3\"></span>l\u2019econo<span class=\"_ _0\"></span>mia <span class=\"_ _3\"></span>mondiale, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _3\"></span>richiesto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>perito indipendente, <span class=\"_ _5\"></span>seppur <span class=\"_ _d\"></span>non <span class=\"_ _5\"></span>fosse <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>corso <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>trienn<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>dall<span class=\"_ _0\"></span>\u2019ultima <span class=\"_ _d\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>otte<span class=\"_ _0\"></span>nuta <span class=\"_ _d\"></span>deg<span class=\"_ _0\"></span>li stessi, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>confer<span class=\"_ _0\"></span>mato <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>erreni <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>differiscono in maniera rilevante <span class=\"_ _0\"></span>dai valori isc<span class=\"_ _0\"></span>ritti in bilanc<span class=\"_ _0\"></span>io. Valutazione fa<span class=\"_ _0\"></span>bbricati e impianti <span class=\"_ _0\"></span>generici Per <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uanto <span class=\"_ _3\"></span>concerne <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>abbricati <span class=\"_ _3\"></span>iscritto <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ichiesta <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>erizia <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>zo indipendente <span class=\"_\"> </span>volta <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>stim<span class=\"_ _0\"></span>are <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>corrente <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>utilizz<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>attribuibile <span class=\"_\"> </span>ai <span class=\"_ _1\"> </span>fabbric<span class=\"_ _0\"></span>ati <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>agli impianti <span class=\"_ _0\"></span>generic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mplessi <span class=\"_ _0\"></span>immobiliar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>siti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Cu<span class=\"_ _0\"></span>ggiono <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>escaldina. <span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ali <span class=\"_ _0\"></span>perizie <span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>no evidenziato valor<span class=\"_ _0\"></span>i superiori di que<span class=\"_ _0\"></span>lli iscr<span class=\"_ _0\"></span>itti in bilancio.<span class=\"_ _0\"></span> In <span class=\"_ _1\"> </span>relazione <span class=\"_ _1\"> </span>alle <span class=\"_ _1\"> </span>carat<span class=\"_ _0\"></span>teristiche, <span class=\"_\"> </span>all<span class=\"_ _2\"></span>e <span class=\"_ _1\"> </span>destinaz<span class=\"_ _0\"></span>ioni <span class=\"_ _1\"> </span>d\u2019uso <span class=\"_ _1\"> </span>ed <span class=\"_\"> </span>a<span class=\"_ _2\"></span>lle <span class=\"_ _1\"> </span>potenzia<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>utilizzo <span class=\"_ _1\"> </span>di ciascun <span class=\"_ _3\"></span>immobi<span class=\"_ _0\"></span>le, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>determinazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mercato <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tati <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>ottati, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>ma autonoma o co<span class=\"_ _0\"></span>mbinati tra l<span class=\"_ _0\"></span>oro, i seguent<span class=\"_ _0\"></span>i approcci: -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do <span class=\"_ _d\"></span>compar<span class=\"_ _0\"></span>ativo: <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _5\"></span>dell\u2019immob<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _d\"></span>confro<span class=\"_ _0\"></span>nto <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>quo<span class=\"_ _0\"></span>tazioni </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>relativ<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>immobili <span class=\"_ _f\"> </span>assimilabi<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>(comparables), <span class=\"_ _f\"> </span>attr<span class=\"_ _0\"></span>averso <span class=\"_ _f\"> </span>un processo <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201caggiustament<span class=\"_ _0\"></span>o\u201d <span class=\"_ _e\"> </span>che <span class=\"_ _f\"> </span>apprezza <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>pecu<span class=\"_ _0\"></span>liarit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019immobile <span class=\"_ _f\"> </span>oggetto <span class=\"_ _e\"> </span>di stima rispetto a<span class=\"_ _0\"></span>lle corrispondent<span class=\"_ _0\"></span>i caratteristich<span class=\"_ _0\"></span>e dei comparables<span class=\"_ _0\"></span>; -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do dell\u2019attua<span class=\"_ _0\"></span>lizzazione <span class=\"_ _0\"></span>dei fluss<span class=\"_ _0\"></span>i di c<span class=\"_ _0\"></span>assa (<span class=\"_ _0\"></span>DCF): il <span class=\"_ _0\"></span>valore d<span class=\"_ _0\"></span>ell\u2019immobile, <span class=\"_ _0\"></span>nel s<span class=\"_ _0\"></span>uo </span>insieme, <span class=\"_ _3\"></span>deriva <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>attualiz<span class=\"_ _0\"></span>zazione <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>low <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ci <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>attende <span class=\"_ _3\"></span>verr\u00e0 <span class=\"_ _3\"></span>generato dai <span class=\"_ _a\"> </span>contra<span class=\"_ _0\"></span>tti <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>locazione <span class=\"_ _b\"> </span>e/o <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ai <span class=\"_ _a\"> </span>prov<span class=\"_ _0\"></span>enti <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>endite, <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>n<span class=\"_ _0\"></span>etto <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>costi <span class=\"_ _b\"> </span>di pertinenza <span class=\"_ _13\"> </span>della <span class=\"_ _13\"> </span>propriet\u00e0; <span class=\"_ _13\"> </span>il <span class=\"_ _11\"> </span>procedi<span class=\"_ _0\"></span>mento <span class=\"_ _11\"> </span>ut<span class=\"_ _0\"></span>ilizza <span class=\"_ _13\"> </span>un <span class=\"_ _11\"> </span>appr<span class=\"_ _0\"></span>opriato <span class=\"_ _13\"> </span>tasso <span class=\"_ _13\"> </span>di attualizzazione, <span class=\"_ _e\"> </span>che <span class=\"_ _5\"></span>consi<span class=\"_ _0\"></span>dera <span class=\"_ _5\"> </span>ana<span class=\"_ _0\"></span>liticamente <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _5\"> </span>car<span class=\"_ _0\"></span>atteristici <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>ll\u2019immobile <span class=\"_ _e\"> </span>in esame. Nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>aso <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>immobil<span class=\"_ _0\"></span>i-porzioni <span class=\"_ _d\"></span>immo<span class=\"_ _0\"></span>biliari <span class=\"_ _d\"></span>trasform<span class=\"_ _0\"></span>abili/<span class=\"_ _0\"></span>da <span class=\"_ _3\"></span>valor<span class=\"_ _0\"></span>izzare <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stata sviluppata a<span class=\"_ _0\"></span>pplicando<span class=\"_ _0\"></span> il criterio de<span class=\"_ _0\"></span>l Valore d<span class=\"_ _0\"></span>i Trasf<span class=\"_ _0\"></span>ormazione, <span class=\"_ _0\"></span>in base <span class=\"_ _0\"></span>al quale <span class=\"_ _0\"></span>il Valore<span class=\"_ _0\"></span> della propriet\u00e0 <span class=\"_ _1\"> </span>deriva <span class=\"_ _f\"> </span>dalla <span class=\"_ _1\"> </span>attualizzazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>h <span class=\"_ _f\"> </span>f<span class=\"_ _0\"></span>low <span class=\"_ _1\"> </span>generato <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>ll\u2019operazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>sv<span class=\"_ _0\"></span>iluppo immobiliare, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>luce <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cavi att<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>sommatoria <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>realizzaz<span class=\"_ _0\"></span>ione, <span class=\"_ _0\"></span>tene<span class=\"_ _0\"></span>ndo conto degli oner<span class=\"_ _0\"></span>i/proventi fi<span class=\"_ _0\"></span>nanziari e de<span class=\"_ _0\"></span>l rischio impre<span class=\"_ _0\"></span>nditoriale. Valutazioni imp<span class=\"_ _0\"></span>ianti, macch<span class=\"_ _0\"></span>inari e altri<span class=\"_ _0\"></span> beni \u2013 assunzi<span class=\"_ _0\"></span>oni utilizzate<span class=\"_ _0\"></span> Il <span class=\"_ _c\"> </span>parc<span class=\"_ _0\"></span>o <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _12\"> </span>e <span class=\"_ _c\"> </span>macc<span class=\"_ _0\"></span>hinari <span class=\"_ _c\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _c\"> </span>quello <span class=\"_ _12\"> </span>delle <span class=\"_ _12\"> </span>attrezzature <span class=\"_ _12\"> </span>comprendono <span class=\"_ _12\"> </span>cespiti contabilmente <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>i\u00e0 <span class=\"_ _3\"></span>totalmen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>ammor<span class=\"_ _0\"></span>tizzati, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ncora<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>impiegati <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>produzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>essendo la loro capacit\u00e0 pr<span class=\"_ _0\"></span>oduttiva s<span class=\"_ _0\"></span>uperiore a<span class=\"_ _0\"></span>lla vita contabile.<span class=\"_ _0\"></span> Valutata <span class=\"_ _e\"> </span>la <span class=\"_ _5\"> </span>na<span class=\"_ _0\"></span>tura <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>egli <span class=\"_ _e\"> </span>asset <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>revalenza <span class=\"_ _e\"> </span>generica, <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>loro <span class=\"_ _5\"></span>attu<span class=\"_ _0\"></span>ale utilizzo <span class=\"_ _3\"></span>operativo, <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>tatat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>sussistenza <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>diverse <span class=\"_ _d\"></span>metodologie <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value che <span class=\"_ _3\"></span>ben <span class=\"_ _3\"></span>sembra<span class=\"_ _0\"></span>no <span class=\"_ _3\"></span>adattarsi <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>pred<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>assets<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ritenuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>recepire <span class=\"_ _3\"></span>la metodologia <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>cont<span class=\"_ _0\"></span>enuti <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>periz<span class=\"_ _0\"></span>ia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tima <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>mmobilizz<span class=\"_ _0\"></span>azioni tecniche <span class=\"_ _e\"> </span>redatta <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>perito <span class=\"_ _e\"> </span>professionalmente <span class=\"_ _e\"> </span>qua<span class=\"_ _0\"></span>lificato <span class=\"_ _e\"> </span>incaricato <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>Vincen<span class=\"_ _0\"></span>zo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi S.p.A., <span class=\"_ _9\"> </span>ossia <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>Pr<span class=\"_ _0\"></span>axi <span class=\"_ _9\"> </span>S.p.A.<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>deter<span class=\"_ _0\"></span>minazione <span class=\"_ _10\"> </span>del <span class=\"_ _8\"> </span>rec<span class=\"_ _0\"></span>overable <span class=\"_ _9\"> </span>am<span class=\"_ _0\"></span>ount <span class=\"_ _9\"> </span>delle immobilizzaz<span class=\"_ _0\"></span>ioni <span class=\"_ _b\"> </span>tecniche <span class=\"_ _14\"> </span>ai <span class=\"_ _b\"> </span>fini <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>giudizio <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>im<span class=\"_ _0\"></span>pairment <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evista <span class=\"_ _b\"> </span>dallo <span class=\"_ _14\"> </span>IAS <span class=\"_ _b\"> </span>36. <span class=\"_ _b\"> </span>I<span class=\"_ _0\"></span>n particolare, per <span class=\"_ _0\"></span>la stima de<span class=\"_ _0\"></span>gli asset in o<span class=\"_ _0\"></span>ggetto Praxi S.<span class=\"_ _0\"></span>p.A. si \u00e8 <span class=\"_ _0\"></span>avvalsa:  -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del <span class=\"_ _8\"> </span>metodo <span class=\"_ _9\"> </span>com<span class=\"_ _0\"></span>parativo, <span class=\"_ _9\"> </span>attraverso <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>quale <span class=\"_ _9\"> </span>il <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _9\"> </span>di <span class=\"_ _8\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _9\"> </span>bene <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _8\"> </span>st<span class=\"_ _0\"></span>imato <span class=\"_ _9\"> </span>per </span>comparazione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>beni <span class=\"_ _3\"></span>analoghi <span class=\"_ _3\"></span>(per <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>ologia, <span class=\"_ _3\"></span>caratteristiche <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>d\u2019uso) di <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>noto <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valore.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>metodo <span class=\"_ _1\"> </span>co<span class=\"_ _0\"></span>mparativo <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>util<span class=\"_ _0\"></span>izzabile <span class=\"_ _1\"> </span>laddove <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>ia <span class=\"_ _1\"> </span>presente <span class=\"_ _1\"> </span>un numero <span class=\"_ _b\"> </span>sufficien<span class=\"_ _0\"></span>te <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alori <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>riferim<span class=\"_ _0\"></span>ento. <span class=\"_ _b\"> </span>Per <span class=\"_ _b\"> </span>la <span class=\"_ _b\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>valore <span class=\"_ _b\"> </span>final<span class=\"_ _0\"></span>e dell\u2019asset, <span class=\"_ _0\"></span>quindi, i<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>erito ha <span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>olto le <span class=\"_ _0\"></span>seguenti <span class=\"_ _0\"></span>attivit\u00e0:<span class=\"_ _0\"></span> (i) <span class=\"_ _0\"></span>individuaz<span class=\"_ _0\"></span>ione dei <span class=\"_ _0\"></span><span class=\"ff4\">comparabl<span class=\"_ _0\"></span>e</span>, (ii) <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>parazione, <span class=\"_ _d\"></span>(iii) <span class=\"_ _d\"></span>appr<span class=\"_ _0\"></span>ezzamento/d<span class=\"_ _0\"></span>eprezzamento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dell\u2019as<span class=\"_ _0\"></span>set <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span><span class=\"ff4\">compara<span class=\"_ _0\"></span>ble</span>, in funzione delle s<span class=\"_ _0\"></span>ue caratter<span class=\"_ _0\"></span>istiche specific<span class=\"_ _0\"></span>he e (iv) calcolo del <span class=\"_ _0\"></span>valore final<span class=\"_ _0\"></span>e; -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del metodo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>costo, <span class=\"_ _3\"></span>attravers<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>quale <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>bene, <span class=\"_ _0\"></span>chiam<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>dal <span class=\"_ _3\"></span>perito <span class=\"_ _0\"></span>\u201cValore<span class=\"_ _0\"></span> </span>Corrente <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>U<span class=\"_ _0\"></span>tilizzo\u201d <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stimato <span class=\"_ _e\"> </span>partendo <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>suo <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>icostruzione <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>nuovo <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>cui sono po<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sottratti <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>deprez<span class=\"_ _0\"></span>zamenti <span class=\"_ _0\"></span>imputabili <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>gravano <span class=\"_ _0\"></span>sul <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span> stesso <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>eccesso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>investi<span class=\"_ _0\"></span>mento, <span class=\"_ _3\"></span>usura <span class=\"_ _3\"></span>fis<span class=\"_ _0\"></span>ica, <span class=\"_ _3\"></span>inad<span class=\"_ _0\"></span>eguatezza <span class=\"_ _3\"></span>tecn<span class=\"_ _0\"></span>ologica, <span class=\"_ _3\"></span>obsol<span class=\"_ _0\"></span>escenza funzionale). <span class=\"_ _e\"> </span>Il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _f\"> </span>costo <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>utilizzato <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>valutazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>presentano<span class=\"_ _0\"></span> specificit\u00e0 tal<span class=\"_ _0\"></span>i da non consentir<span class=\"_ _0\"></span>e un confront<span class=\"_ _0\"></span>o diretto co<span class=\"_ _0\"></span>n altri ben<span class=\"_ _0\"></span>i. Praxi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imato <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alue, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita, <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>impian<span class=\"_ _0\"></span>ti, <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>e degli <span class=\"_ _a\"> </span>altri <span class=\"_ _a\"> </span>beni <span class=\"_ _a\"> </span>app<span class=\"_ _0\"></span>licando <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>m<span class=\"_ _0\"></span>etodo <span class=\"_ _a\"> </span>comparat<span class=\"_ _0\"></span>ivo; <span class=\"_ _a\"> </span>quello <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>impianti <span class=\"_ _a\"> </span>e macchinari non stand<span class=\"_ _0\"></span>ard e <span class=\"_ _0\"></span>installati in opera<span class=\"_ _0\"></span>.  Per <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>lizzazioni <span class=\"_ _5\"></span>tecnic<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>detenute <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>altre <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>nsolidate <span class=\"_ _e\"> </span>non <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>ritenuto<span class=\"_ _0\"></span> necessario richieder<span class=\"_ _0\"></span>e una perizi<span class=\"_ _0\"></span>a di stima d<span class=\"_ _0\"></span>el fair value. <span class=\"_ _0\"></span> Altre informaz<span class=\"_ _0\"></span>ioni Si <span class=\"_ _a\"> </span>segnala <span class=\"_ _b\"> </span>che <span class=\"_ _a\"> </span>le <span class=\"_ _b\"> </span>obblig<span class=\"_ _0\"></span>azioni <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>F<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>garantite, <span class=\"_ _a\"> </span>i<span class=\"_ _0\"></span>nter <span class=\"_ _b\"> </span>alia, <span class=\"_ _a\"> </span>da un\u2019ipoteca <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ostituita <span class=\"_ _3\"></span>sugli <span class=\"_ _3\"></span>immobili <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opriet\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>Vi<span class=\"_ _0\"></span>ncenzo <span class=\"_ _3\"></span>Zucchi <span class=\"_ _3\"></span>S.p.A. di Casorezzo, V<span class=\"_ _0\"></span>imercate e Res<span class=\"_ _0\"></span>caldina. Si e<span class=\"_ _0\"></span>videnzia <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>emessi <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>\u2019acquisto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>obilizzazi<span class=\"_ _0\"></span>oni m<span class=\"_ _0\"></span>ateriali <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> data di bilanc<span class=\"_ _0\"></span>io era di impor<span class=\"_ _0\"></span>to non rilevan<span class=\"_ _0\"></span>te.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasePrepaymentsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__72": {
   "value": "Nota 15 IMMOBILI, IMPIANTI E MACCHINARI La <span class=\"_ _5\"></span>compos<span class=\"_ _0\"></span>izione <span class=\"_ _5\"></span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _5\"> </span>\u201cImmobi<span class=\"_ _0\"></span>li, <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>macchinari\u201d <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>am<span class=\"_ _0\"></span>mortamenti accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2<span class=\"_ _0\"></span>02231.12.2<span class=\"_ _0\"></span>021Fondo Valori lordiValori ne<span class=\"_ _0\"></span>tti <span class=\"_ _81\"> </span>Valori nett<span class=\"_ _0\"></span>i(in migliaia di Eu<span class=\"_ _0\"></span>ro)ammortame<span class=\"_ _0\"></span>ntoTerreni19.258-19.25821.950Fabbric<span class=\"_ _0\"></span>ati37.43732.2545.1835.925Impiant<span class=\"_ _0\"></span>i e macch<span class=\"_ _0\"></span>inari24.14123.726415200Attrezzature257257--Altri ben<span class=\"_ _0\"></span>i22.44521.446999503Migliorie su <span class=\"_ _0\"></span>beni di terzi3.9472.9281.019517Immobi<span class=\"_ _0\"></span>lizzazioni in cors<span class=\"_ _0\"></span>o e acc<span class=\"_ _0\"></span>onti25-25281107.51080.61126.89929.376Si <span class=\"_\"> </span>for<span class=\"_ _0\"></span>nisce <span class=\"_ _a\"> </span>inoltre <span class=\"_\"> </span>q<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>seguit<span class=\"_ _0\"></span>o <span class=\"_\"> </span>l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _a\"> </span>movimenti <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>imm<span class=\"_ _0\"></span>obilizzazioni <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>degli ammortament<span class=\"_ _0\"></span>i accumulati i<span class=\"_ _0\"></span>ntervenuti nel c<span class=\"_ _0\"></span>orso dell\u2019es<span class=\"_ _0\"></span>ercizio: Ammorta<span class=\"_ _0\"></span>menti Valore lordoaccumul<span class=\"_ _0\"></span>ati e Valore net<span class=\"_ _0\"></span>to(in migliaia di E<span class=\"_ _0\"></span>uro)svalutazioniSaldi al 3<span class=\"_ _0\"></span>1.12.2020108.08478.83729.247Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2021:per acquis<span class=\"_ _0\"></span>ti819-819per accon<span class=\"_ _0\"></span>ti252-252per svaluta<span class=\"_ _0\"></span>zioni(67)-(67)per rilasc<span class=\"_ _0\"></span>io fondo <span class=\"_ _0\"></span>svalutazioni---per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(176)(166)(10)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he ---per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori46<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>45<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>1<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2021108.95879.58229.376Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2022:per acquis<span class=\"_ _0\"></span>ti1.683-1.683per apport<span class=\"_ _0\"></span>i nuova con<span class=\"_ _0\"></span>trollata11.01010.888122per accon<span class=\"_ _0\"></span>ti(252)-(252)per svaluta<span class=\"_ _0\"></span>zioni(7)-(7)per ammo<span class=\"_ _0\"></span>rtamenti-900(900)per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(13.971)(10.811)(3.160)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he 33-33per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori56<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>52<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>4<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2022107.51080.61126.899Gli <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferiscon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>prev<span class=\"_ _0\"></span>alentement<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>vendita <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>1.0<span class=\"_ _0\"></span>69 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>all\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>nuov<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>macchinario <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>180 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>a lavori <span class=\"_ _3\"></span>sug<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>stabi<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>82 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>all\u2019acquis<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>computer<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ed altri beni per 35<span class=\"_ _0\"></span>2 migliaia d<span class=\"_ _0\"></span>i Euro. La <span class=\"_ _5\"></span>sv<span class=\"_ _0\"></span>alutazione <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>7 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferita <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>ter<span class=\"_ _0\"></span>reno <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Galliate, <span class=\"_ _e\"> </span>effettuata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Come gi\u00e0 s<span class=\"_ _0\"></span>egnalato, <span class=\"_ _0\"></span>in data 23 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022 l<span class=\"_ _0\"></span>a Capogrup<span class=\"_ _0\"></span>po ha ced<span class=\"_ _0\"></span>uto l\u2019intero<span class=\"_ _0\"></span> comples<span class=\"_ _0\"></span>so industriale di N<span class=\"_ _0\"></span>otaresc<span class=\"_ _0\"></span>o che <span class=\"_ _0\"></span>era c<span class=\"_ _0\"></span>onsiderato in <span class=\"_ _0\"></span>dismissione m<span class=\"_ _0\"></span>a non c<span class=\"_ _0\"></span>lassificato <span class=\"_ _0\"></span>tra le <span class=\"_ _0\"></span>attivit\u00e0 non <span class=\"_\"> </span>correnti <span class=\"_\"> </span>destinate <span class=\"_\"> </span>alla <span class=\"_\"> </span>vendita <span class=\"_\"> </span>non <span class=\"_\"> </span>essendosi <span class=\"_ _1\"> </span>v<span class=\"_ _0\"></span>erificate <span class=\"_\"> </span>tutte <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_\"> </span>previste<span class=\"_ _0\"></span> dall\u2019IFRS <span class=\"_ _3\"></span>5. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>corrispettivo <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>essione, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3.000 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span>tanzialmente <span class=\"_ _3\"></span>in linea <span class=\"_\"> </span>col <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>del<span class=\"_ _0\"></span>l\u2019area <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2021 <span class=\"_\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_\"> </span>un <span class=\"_\"> </span>terzo <span class=\"_ _a\"> </span>indipendente, <span class=\"_ _a\"> </span>ha generato <span class=\"_ _f\"> </span>una <span class=\"_ _e\"> </span>minusval<span class=\"_ _0\"></span>enza <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>154 <span class=\"_ _e\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _f\"> </span>Si <span class=\"_ _e\"> </span>evidenzia <span class=\"_ _f\"> </span>inoltre <span class=\"_ _e\"> </span>che,<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>nell\u2019amb<span class=\"_ _0\"></span>ito dell\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>Capogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>reg<span class=\"_ _0\"></span>istrato <span class=\"_ _1\"> </span>un\u2019ulter<span class=\"_ _0\"></span>iore <span class=\"_ _1\"> </span>perdita <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>150 <span class=\"_\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>Euro riferita <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>un\u2019indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _a\"> </span>risarcitoria <span class=\"_ _a\"> </span>p<span class=\"_ _0\"></span>agata <span class=\"_ _a\"> </span>all\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>prevista <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>alc<span class=\"_ _0\"></span>une <span class=\"_ _a\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> La <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>posizione <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _e\"> </span>\u201cDiritto <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>ut<span class=\"_ _0\"></span>ilizzo <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>Lease\u201d <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>relativi <span class=\"_ _e\"> </span>ammortamenti<span class=\"_ _0\"></span> accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2022<span class=\"_ _161\"> </span>3<span class=\"_ _0\"></span>1.12.202<span class=\"_ _0\"></span>1Ammortamenti<span class=\"_ _0\"></span> Valore lordoValore nett<span class=\"_ _0\"></span>o<span class=\"_ _ef\"> </span>Va<span class=\"_ _0\"></span>lore netto(in migli<span class=\"_ _0\"></span>aia di Euro)accumu<span class=\"_ _0\"></span>latiFabbricati<span class=\"_ _0\"></span> in Lease52.92318.45634.46728.472Impianti e<span class=\"_ _0\"></span> macchina<span class=\"_ _0\"></span>ri in Le<span class=\"_ _0\"></span>ase1.2301821.048-Altri beni i<span class=\"_ _0\"></span>n Lease60946914020854.76219.10735.65528.680La voce <span class=\"_ _0\"></span>\u201cFabbricati <span class=\"_ _0\"></span>in l<span class=\"_ _0\"></span>ease\u201d s<span class=\"_ _0\"></span>i riferisce <span class=\"_ _0\"></span>alla loc<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>degli immob<span class=\"_ _0\"></span>ili ove s<span class=\"_ _0\"></span>ono ub<span class=\"_ _0\"></span>icati i <span class=\"_ _0\"></span>punti vendita <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _d\"></span>gli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Impianti <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>mac<span class=\"_ _0\"></span>chinari <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>Lease\u201d <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>riferit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>leas<span class=\"_ _0\"></span>ing finanziario <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>eso <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>l\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>macchinari<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>mentre <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>\u201caltri <span class=\"_ _3\"></span>beni in Lease\u201d si riferisc<span class=\"_ _0\"></span>ono alla <span class=\"_ _0\"></span>locazione di <span class=\"_ _0\"></span>autovetture. Si f<span class=\"_ _0\"></span>ornisce <span class=\"_ _0\"></span>inoltre <span class=\"_ _3\"></span>qui di <span class=\"_ _0\"></span>seguit<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i m<span class=\"_ _0\"></span>ovimenti<span class=\"_ _0\"></span> dei\u201d <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>iritti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>utilizz<span class=\"_ _0\"></span>o be<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Lease\u201d <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> degli ammortam<span class=\"_ _0\"></span>enti accum<span class=\"_ _0\"></span>ulati al 31 dicem<span class=\"_ _0\"></span>bre 2021 e<span class=\"_ _0\"></span> 2022: Ammortam<span class=\"_ _0\"></span>enti Valore lo<span class=\"_ _0\"></span>rdoaccumu<span class=\"_ _0\"></span>lati e Valore n<span class=\"_ _0\"></span>etto(in migliaia di Euro)svalutazioniSaldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>033.0877.85125.236Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2021:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase141141per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease6.825(6.825)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(882)(882)-per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati10.11010.110per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori685018Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>142.52413.84428.680Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2022:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase5.2035.203per appo<span class=\"_ _0\"></span>rto nuova co<span class=\"_ _0\"></span>ntrollata7.7777.777per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease7.566(7.566)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(3.018)(2.356)(662)per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati2.1782.178per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori985345Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>254.76219.10735.655Nell\u2019esercizio <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ncrementi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>5.203 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l\u2019apertura <span class=\"_ _3\"></span>di nuov<span class=\"_ _0\"></span>i contratti <span class=\"_ _f\"> </span>relativi <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>mac<span class=\"_ _0\"></span>chinario <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>noleggio <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>autov<span class=\"_ _0\"></span>etture <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>di contratti <span class=\"_ _e\"> </span>d\u2019<span class=\"_ _0\"></span>affitto <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _e\"> </span>all<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _e\"> </span>Bas<span class=\"_ _0\"></span>setti <span class=\"_ _e\"> </span>Sch<span class=\"_ _0\"></span>weiz <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>Z<span class=\"_ _0\"></span>uckids. <span class=\"_ _f\"> </span>Dagli <span class=\"_ _e\"> </span>inc<span class=\"_ _0\"></span>rementi <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> diritti <span class=\"_ _0\"></span>d\u2019uso re<span class=\"_ _0\"></span>lativi all<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>estensioni d<span class=\"_ _0\"></span>ei c<span class=\"_ _0\"></span>ontratti <span class=\"_ _0\"></span>di aff<span class=\"_ _0\"></span>itto <span class=\"_ _0\"></span>gi\u00e0 in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e, pari<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>2.178 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>derivato <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>ana<span class=\"_ _0\"></span>logo <span class=\"_ _f\"> </span>incremen<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>delle <span class=\"_ _1\"> </span>corrispondenti <span class=\"_ _f\"> </span>passivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _f\"> </span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _f\"> </span>(c<span class=\"_ _0\"></span>ome pure <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nuovi <span class=\"_ _3\"></span>contratti <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>periodo). <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>verificata <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>duzione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori pari a 662 m<span class=\"_ _0\"></span>igliaia di Euro <span class=\"_ _0\"></span>a seguito de<span class=\"_ _0\"></span>lla chiusura d<span class=\"_ _0\"></span>i alcuni contr<span class=\"_ _0\"></span>atti.   Valutazione aree<span class=\"_ _0\"></span> in dismiss<span class=\"_ _0\"></span>ione Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>l\u2019area <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Ca<span class=\"_ _0\"></span>sorezzo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>considerata <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>smissione <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alcun<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>eserciz<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n classificata <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>corrent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>destinate<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>vendita <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>essen<span class=\"_ _0\"></span>dosi <span class=\"_ _0\"></span>verific<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>tutt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> condizioni <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>all\u2019IFRS <span class=\"_ _5\"></span>5. <span class=\"_ _d\"></span>La <span class=\"_ _5\"></span>valut<span class=\"_ _0\"></span>azione <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019area <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"></span>2022, <span class=\"_ _d\"></span>ottenu<span class=\"_ _0\"></span>ta <span class=\"_ _d\"></span>da un terzo indipend<span class=\"_ _0\"></span>ente, am<span class=\"_ _0\"></span>monta a 12,1<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o. Il fa<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>dell\u2019unit\u00e0 <span class=\"_ _3\"></span>immobiliare <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>all\u2019ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stimato <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i u<span class=\"_ _0\"></span>na pro<span class=\"_ _0\"></span>priet\u00e0<span class=\"_ _0\"></span> dovr<span class=\"_ _0\"></span>ebbe essere <span class=\"_ _0\"></span>cedu<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>acquistata<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utazione<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nditore <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquirente<span class=\"_ _0\"></span> entrambi <span class=\"_ _10\"> </span>inter<span class=\"_ _0\"></span>essati <span class=\"_ _10\"> </span>alla <span class=\"_ _11\"> </span>transazione, <span class=\"_ _10\"> </span>a <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_ _11\"> </span>concorrenziali, <span class=\"_ _10\"> </span>do<span class=\"_ _0\"></span>po <span class=\"_ _10\"> </span>un\u2019adeg<span class=\"_ _0\"></span>uata trattativa <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>parti<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>biano <span class=\"_ _0\"></span>agito <span class=\"_ _3\"></span>in modo <span class=\"_ _0\"></span>informa<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>hanno <span class=\"_ _0\"></span>considerat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>i beni <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>destinazione <span class=\"_ _e\"> </span>d\u2019uso <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferimen<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>della <span class=\"_ _5\"></span>stima <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>mobili <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tati stimati <span class=\"_ _e\"> </span>sul<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>criter<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>trasf<span class=\"_ _0\"></span>ormazione <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>quale <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ene deriva <span class=\"_ _e\"> </span>dall\u2019attualizzazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>cash <span class=\"_ _e\"> </span>flow <span class=\"_ _5\"> </span>ge<span class=\"_ _0\"></span>nerato <span class=\"_ _e\"> </span>dall\u2019operazione <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _e\"> </span>immobiliare, sulla <span class=\"_ _f\"> </span>b<span class=\"_ _0\"></span>ase <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>ricavi <span class=\"_ _1\"> </span>attesi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>som<span class=\"_ _0\"></span>matoria <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>costi <span class=\"_ _1\"> </span>da <span class=\"_ _f\"> </span>sos<span class=\"_ _0\"></span>tenere <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>realizz<span class=\"_ _0\"></span>are <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a trasformazione.<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>appropr<span class=\"_ _0\"></span>iato <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ualizzazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>considera<span class=\"_ _0\"></span> le <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>omponent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>finanziarie ed <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>rischi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>mprenditorial<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>ll\u2019operazione. <span class=\"_ _1\"> </span>La <span class=\"_ _f\"> </span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>tenuto <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>costi <span class=\"_ _1\"> </span>di cessione. Valutazione terr<span class=\"_ _0\"></span>eni I <span class=\"_ _0\"></span>terr<span class=\"_ _0\"></span>eni <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osto <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>determinato <span class=\"_ _3\"></span>corrispondente <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>della transizione <span class=\"_ _5\"></span>agl<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>IFR<span class=\"_ _0\"></span>S <span class=\"_ _d\"></span>(1<span class=\"_ _0\"></span>\u00b0 <span class=\"_ _5\"></span>gennaio <span class=\"_ _5\"></span>2004)<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>seguito <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>perizia <span class=\"_ _5\"> </span>di <span class=\"_ _5\"></span>periti <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>perti <span class=\"_ _5\"></span>indipende<span class=\"_ _0\"></span>nti, redatta <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _f\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>Standard <span class=\"_ _f\"> </span>In<span class=\"_ _0\"></span>ternazion<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ione; <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>riva<span class=\"_ _0\"></span>lutazion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>stata effettuata sulla <span class=\"_ _0\"></span>base dei va<span class=\"_ _0\"></span>lori di mercato.<span class=\"_ _0\"></span> L\u2019importo <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>lutazione <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>trans<span class=\"_ _0\"></span>izione a<span class=\"_ _0\"></span>gli IF<span class=\"_ _0\"></span>RS (<span class=\"_ _0\"></span>36,8 <span class=\"_ _0\"></span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro), <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto delle imposte <span class=\"_ _0\"></span>differite (11,7<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o), \u00e8 stato a<span class=\"_ _0\"></span>llocato a patr<span class=\"_ _0\"></span>imonio netto.<span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>iduo <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ggi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla riva<span class=\"_ _0\"></span>lutazione, <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iminuit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di dism<span class=\"_ _0\"></span>issioni <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzate <span class=\"_ _0\"></span>dal<span class=\"_ _0\"></span> 2004 <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>oggi, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>20,4 <span class=\"_ _3\"></span>milioni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>relative <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _3\"></span>differite <span class=\"_ _3\"></span>ammontano <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>7 milioni di Euro.<span class=\"_ _0\"></span> Trattandosi <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>terren<span class=\"_ _0\"></span>i, <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>mercato <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>stato <span class=\"_\"> </span>determinato <span class=\"_\"> </span>facendo <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>imento <span class=\"_\"> </span>alla destinazione <span class=\"_ _3\"></span>urbanistica <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>suo<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>potenz<span class=\"_ _0\"></span>ialit\u00e0 <span class=\"_ _0\"></span>edific<span class=\"_ _0\"></span>atorie <span class=\"_ _0\"></span>previste<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>umenti <span class=\"_ _0\"></span>di pianificazione <span class=\"_ _0\"></span>urbanistica v<span class=\"_ _0\"></span>igenti (appr<span class=\"_ _0\"></span>ovati o adottat<span class=\"_ _0\"></span>i). Laddove <span class=\"_ _b\"> </span>ritenuto <span class=\"_ _a\"> </span>oppor<span class=\"_ _0\"></span>tuno <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>stati <span class=\"_ _b\"> </span>applicati <span class=\"_ _a\"> </span>fa<span class=\"_ _0\"></span>ttori <span class=\"_ _a\"> </span>cor<span class=\"_ _0\"></span>rettivi <span class=\"_ _a\"> </span>per <span class=\"_ _b\"> </span>tener <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _a\"> </span>del<span class=\"_ _0\"></span>le caratteristiche i<span class=\"_ _0\"></span>ntrinseche ed es<span class=\"_ _0\"></span>trinseche ai s<span class=\"_ _0\"></span>ingoli lotti <span class=\"_ _0\"></span>di terreno. Ai <span class=\"_ _b\"> </span>fi<span class=\"_ _0\"></span>ni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _14\"> </span>redaz<span class=\"_ _0\"></span>ione <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>31 <span class=\"_ _14\"> </span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>022, <span class=\"_ _14\"> </span>stante<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>persistente<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cr<span class=\"_ _0\"></span>isi economico-finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>carat<span class=\"_ _0\"></span>terizzato <span class=\"_ _3\"></span>l\u2019econo<span class=\"_ _0\"></span>mia <span class=\"_ _3\"></span>mondiale, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _3\"></span>richiesto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>perito indipendente, <span class=\"_ _5\"></span>seppur <span class=\"_ _d\"></span>non <span class=\"_ _5\"></span>fosse <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>corso <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>trienn<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>dall<span class=\"_ _0\"></span>\u2019ultima <span class=\"_ _d\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>otte<span class=\"_ _0\"></span>nuta <span class=\"_ _d\"></span>deg<span class=\"_ _0\"></span>li stessi, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>confer<span class=\"_ _0\"></span>mato <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>erreni <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>differiscono in maniera rilevante <span class=\"_ _0\"></span>dai valori isc<span class=\"_ _0\"></span>ritti in bilanc<span class=\"_ _0\"></span>io. Valutazione fa<span class=\"_ _0\"></span>bbricati e impianti <span class=\"_ _0\"></span>generici Per <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uanto <span class=\"_ _3\"></span>concerne <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>abbricati <span class=\"_ _3\"></span>iscritto <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ichiesta <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>erizia <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>zo indipendente <span class=\"_\"> </span>volta <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>stim<span class=\"_ _0\"></span>are <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>corrente <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>utilizz<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>attribuibile <span class=\"_\"> </span>ai <span class=\"_ _1\"> </span>fabbric<span class=\"_ _0\"></span>ati <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>agli impianti <span class=\"_ _0\"></span>generic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mplessi <span class=\"_ _0\"></span>immobiliar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>siti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Cu<span class=\"_ _0\"></span>ggiono <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>escaldina. <span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ali <span class=\"_ _0\"></span>perizie <span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>no evidenziato valor<span class=\"_ _0\"></span>i superiori di que<span class=\"_ _0\"></span>lli iscr<span class=\"_ _0\"></span>itti in bilancio.<span class=\"_ _0\"></span> In <span class=\"_ _1\"> </span>relazione <span class=\"_ _1\"> </span>alle <span class=\"_ _1\"> </span>carat<span class=\"_ _0\"></span>teristiche, <span class=\"_\"> </span>all<span class=\"_ _2\"></span>e <span class=\"_ _1\"> </span>destinaz<span class=\"_ _0\"></span>ioni <span class=\"_ _1\"> </span>d\u2019uso <span class=\"_ _1\"> </span>ed <span class=\"_\"> </span>a<span class=\"_ _2\"></span>lle <span class=\"_ _1\"> </span>potenzia<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>utilizzo <span class=\"_ _1\"> </span>di ciascun <span class=\"_ _3\"></span>immobi<span class=\"_ _0\"></span>le, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>determinazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mercato <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tati <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>ottati, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>ma autonoma o co<span class=\"_ _0\"></span>mbinati tra l<span class=\"_ _0\"></span>oro, i seguent<span class=\"_ _0\"></span>i approcci: -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do <span class=\"_ _d\"></span>compar<span class=\"_ _0\"></span>ativo: <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _5\"></span>dell\u2019immob<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _d\"></span>confro<span class=\"_ _0\"></span>nto <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>quo<span class=\"_ _0\"></span>tazioni </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>relativ<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>immobili <span class=\"_ _f\"> </span>assimilabi<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>(comparables), <span class=\"_ _f\"> </span>attr<span class=\"_ _0\"></span>averso <span class=\"_ _f\"> </span>un processo <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201caggiustament<span class=\"_ _0\"></span>o\u201d <span class=\"_ _e\"> </span>che <span class=\"_ _f\"> </span>apprezza <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>pecu<span class=\"_ _0\"></span>liarit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019immobile <span class=\"_ _f\"> </span>oggetto <span class=\"_ _e\"> </span>di stima rispetto a<span class=\"_ _0\"></span>lle corrispondent<span class=\"_ _0\"></span>i caratteristich<span class=\"_ _0\"></span>e dei comparables<span class=\"_ _0\"></span>; -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do dell\u2019attua<span class=\"_ _0\"></span>lizzazione <span class=\"_ _0\"></span>dei fluss<span class=\"_ _0\"></span>i di c<span class=\"_ _0\"></span>assa (<span class=\"_ _0\"></span>DCF): il <span class=\"_ _0\"></span>valore d<span class=\"_ _0\"></span>ell\u2019immobile, <span class=\"_ _0\"></span>nel s<span class=\"_ _0\"></span>uo </span>insieme, <span class=\"_ _3\"></span>deriva <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>attualiz<span class=\"_ _0\"></span>zazione <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>low <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ci <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>attende <span class=\"_ _3\"></span>verr\u00e0 <span class=\"_ _3\"></span>generato dai <span class=\"_ _a\"> </span>contra<span class=\"_ _0\"></span>tti <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>locazione <span class=\"_ _b\"> </span>e/o <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ai <span class=\"_ _a\"> </span>prov<span class=\"_ _0\"></span>enti <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>endite, <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>n<span class=\"_ _0\"></span>etto <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>costi <span class=\"_ _b\"> </span>di pertinenza <span class=\"_ _13\"> </span>della <span class=\"_ _13\"> </span>propriet\u00e0; <span class=\"_ _13\"> </span>il <span class=\"_ _11\"> </span>procedi<span class=\"_ _0\"></span>mento <span class=\"_ _11\"> </span>ut<span class=\"_ _0\"></span>ilizza <span class=\"_ _13\"> </span>un <span class=\"_ _11\"> </span>appr<span class=\"_ _0\"></span>opriato <span class=\"_ _13\"> </span>tasso <span class=\"_ _13\"> </span>di attualizzazione, <span class=\"_ _e\"> </span>che <span class=\"_ _5\"></span>consi<span class=\"_ _0\"></span>dera <span class=\"_ _5\"> </span>ana<span class=\"_ _0\"></span>liticamente <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _5\"> </span>car<span class=\"_ _0\"></span>atteristici <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>ll\u2019immobile <span class=\"_ _e\"> </span>in esame. Nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>aso <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>immobil<span class=\"_ _0\"></span>i-porzioni <span class=\"_ _d\"></span>immo<span class=\"_ _0\"></span>biliari <span class=\"_ _d\"></span>trasform<span class=\"_ _0\"></span>abili/<span class=\"_ _0\"></span>da <span class=\"_ _3\"></span>valor<span class=\"_ _0\"></span>izzare <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stata sviluppata a<span class=\"_ _0\"></span>pplicando<span class=\"_ _0\"></span> il criterio de<span class=\"_ _0\"></span>l Valore d<span class=\"_ _0\"></span>i Trasf<span class=\"_ _0\"></span>ormazione, <span class=\"_ _0\"></span>in base <span class=\"_ _0\"></span>al quale <span class=\"_ _0\"></span>il Valore<span class=\"_ _0\"></span> della propriet\u00e0 <span class=\"_ _1\"> </span>deriva <span class=\"_ _f\"> </span>dalla <span class=\"_ _1\"> </span>attualizzazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>h <span class=\"_ _f\"> </span>f<span class=\"_ _0\"></span>low <span class=\"_ _1\"> </span>generato <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>ll\u2019operazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>sv<span class=\"_ _0\"></span>iluppo immobiliare, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>luce <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cavi att<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>sommatoria <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>realizzaz<span class=\"_ _0\"></span>ione, <span class=\"_ _0\"></span>tene<span class=\"_ _0\"></span>ndo conto degli oner<span class=\"_ _0\"></span>i/proventi fi<span class=\"_ _0\"></span>nanziari e de<span class=\"_ _0\"></span>l rischio impre<span class=\"_ _0\"></span>nditoriale. Valutazioni imp<span class=\"_ _0\"></span>ianti, macch<span class=\"_ _0\"></span>inari e altri<span class=\"_ _0\"></span> beni \u2013 assunzi<span class=\"_ _0\"></span>oni utilizzate<span class=\"_ _0\"></span> Il <span class=\"_ _c\"> </span>parc<span class=\"_ _0\"></span>o <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _12\"> </span>e <span class=\"_ _c\"> </span>macc<span class=\"_ _0\"></span>hinari <span class=\"_ _c\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _c\"> </span>quello <span class=\"_ _12\"> </span>delle <span class=\"_ _12\"> </span>attrezzature <span class=\"_ _12\"> </span>comprendono <span class=\"_ _12\"> </span>cespiti contabilmente <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>i\u00e0 <span class=\"_ _3\"></span>totalmen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>ammor<span class=\"_ _0\"></span>tizzati, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ncora<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>impiegati <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>produzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>essendo la loro capacit\u00e0 pr<span class=\"_ _0\"></span>oduttiva s<span class=\"_ _0\"></span>uperiore a<span class=\"_ _0\"></span>lla vita contabile.<span class=\"_ _0\"></span> Valutata <span class=\"_ _e\"> </span>la <span class=\"_ _5\"> </span>na<span class=\"_ _0\"></span>tura <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>egli <span class=\"_ _e\"> </span>asset <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>revalenza <span class=\"_ _e\"> </span>generica, <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>loro <span class=\"_ _5\"></span>attu<span class=\"_ _0\"></span>ale utilizzo <span class=\"_ _3\"></span>operativo, <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>tatat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>sussistenza <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>diverse <span class=\"_ _d\"></span>metodologie <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value che <span class=\"_ _3\"></span>ben <span class=\"_ _3\"></span>sembra<span class=\"_ _0\"></span>no <span class=\"_ _3\"></span>adattarsi <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>pred<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>assets<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ritenuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>recepire <span class=\"_ _3\"></span>la metodologia <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>cont<span class=\"_ _0\"></span>enuti <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>periz<span class=\"_ _0\"></span>ia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tima <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>mmobilizz<span class=\"_ _0\"></span>azioni tecniche <span class=\"_ _e\"> </span>redatta <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>perito <span class=\"_ _e\"> </span>professionalmente <span class=\"_ _e\"> </span>qua<span class=\"_ _0\"></span>lificato <span class=\"_ _e\"> </span>incaricato <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>Vincen<span class=\"_ _0\"></span>zo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi S.p.A., <span class=\"_ _9\"> </span>ossia <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>Pr<span class=\"_ _0\"></span>axi <span class=\"_ _9\"> </span>S.p.A.<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>deter<span class=\"_ _0\"></span>minazione <span class=\"_ _10\"> </span>del <span class=\"_ _8\"> </span>rec<span class=\"_ _0\"></span>overable <span class=\"_ _9\"> </span>am<span class=\"_ _0\"></span>ount <span class=\"_ _9\"> </span>delle immobilizzaz<span class=\"_ _0\"></span>ioni <span class=\"_ _b\"> </span>tecniche <span class=\"_ _14\"> </span>ai <span class=\"_ _b\"> </span>fini <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>giudizio <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>im<span class=\"_ _0\"></span>pairment <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evista <span class=\"_ _b\"> </span>dallo <span class=\"_ _14\"> </span>IAS <span class=\"_ _b\"> </span>36. <span class=\"_ _b\"> </span>I<span class=\"_ _0\"></span>n particolare, per <span class=\"_ _0\"></span>la stima de<span class=\"_ _0\"></span>gli asset in o<span class=\"_ _0\"></span>ggetto Praxi S.<span class=\"_ _0\"></span>p.A. si \u00e8 <span class=\"_ _0\"></span>avvalsa:  -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del <span class=\"_ _8\"> </span>metodo <span class=\"_ _9\"> </span>com<span class=\"_ _0\"></span>parativo, <span class=\"_ _9\"> </span>attraverso <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>quale <span class=\"_ _9\"> </span>il <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _9\"> </span>di <span class=\"_ _8\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _9\"> </span>bene <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _8\"> </span>st<span class=\"_ _0\"></span>imato <span class=\"_ _9\"> </span>per </span>comparazione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>beni <span class=\"_ _3\"></span>analoghi <span class=\"_ _3\"></span>(per <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>ologia, <span class=\"_ _3\"></span>caratteristiche <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>d\u2019uso) di <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>noto <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valore.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>metodo <span class=\"_ _1\"> </span>co<span class=\"_ _0\"></span>mparativo <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>util<span class=\"_ _0\"></span>izzabile <span class=\"_ _1\"> </span>laddove <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>ia <span class=\"_ _1\"> </span>presente <span class=\"_ _1\"> </span>un numero <span class=\"_ _b\"> </span>sufficien<span class=\"_ _0\"></span>te <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alori <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>riferim<span class=\"_ _0\"></span>ento. <span class=\"_ _b\"> </span>Per <span class=\"_ _b\"> </span>la <span class=\"_ _b\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>valore <span class=\"_ _b\"> </span>final<span class=\"_ _0\"></span>e dell\u2019asset, <span class=\"_ _0\"></span>quindi, i<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>erito ha <span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>olto le <span class=\"_ _0\"></span>seguenti <span class=\"_ _0\"></span>attivit\u00e0:<span class=\"_ _0\"></span> (i) <span class=\"_ _0\"></span>individuaz<span class=\"_ _0\"></span>ione dei <span class=\"_ _0\"></span><span class=\"ff4\">comparabl<span class=\"_ _0\"></span>e</span>, (ii) <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>parazione, <span class=\"_ _d\"></span>(iii) <span class=\"_ _d\"></span>appr<span class=\"_ _0\"></span>ezzamento/d<span class=\"_ _0\"></span>eprezzamento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dell\u2019as<span class=\"_ _0\"></span>set <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span><span class=\"ff4\">compara<span class=\"_ _0\"></span>ble</span>, in funzione delle s<span class=\"_ _0\"></span>ue caratter<span class=\"_ _0\"></span>istiche specific<span class=\"_ _0\"></span>he e (iv) calcolo del <span class=\"_ _0\"></span>valore final<span class=\"_ _0\"></span>e; -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del metodo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>costo, <span class=\"_ _3\"></span>attravers<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>quale <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>bene, <span class=\"_ _0\"></span>chiam<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>dal <span class=\"_ _3\"></span>perito <span class=\"_ _0\"></span>\u201cValore<span class=\"_ _0\"></span> </span>Corrente <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>U<span class=\"_ _0\"></span>tilizzo\u201d <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stimato <span class=\"_ _e\"> </span>partendo <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>suo <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>icostruzione <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>nuovo <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>cui sono po<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sottratti <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>deprez<span class=\"_ _0\"></span>zamenti <span class=\"_ _0\"></span>imputabili <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>gravano <span class=\"_ _0\"></span>sul <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span> stesso <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>eccesso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>investi<span class=\"_ _0\"></span>mento, <span class=\"_ _3\"></span>usura <span class=\"_ _3\"></span>fis<span class=\"_ _0\"></span>ica, <span class=\"_ _3\"></span>inad<span class=\"_ _0\"></span>eguatezza <span class=\"_ _3\"></span>tecn<span class=\"_ _0\"></span>ologica, <span class=\"_ _3\"></span>obsol<span class=\"_ _0\"></span>escenza funzionale). <span class=\"_ _e\"> </span>Il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _f\"> </span>costo <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>utilizzato <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>valutazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>presentano<span class=\"_ _0\"></span> specificit\u00e0 tal<span class=\"_ _0\"></span>i da non consentir<span class=\"_ _0\"></span>e un confront<span class=\"_ _0\"></span>o diretto co<span class=\"_ _0\"></span>n altri ben<span class=\"_ _0\"></span>i. Praxi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imato <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alue, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita, <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>impian<span class=\"_ _0\"></span>ti, <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>e degli <span class=\"_ _a\"> </span>altri <span class=\"_ _a\"> </span>beni <span class=\"_ _a\"> </span>app<span class=\"_ _0\"></span>licando <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>m<span class=\"_ _0\"></span>etodo <span class=\"_ _a\"> </span>comparat<span class=\"_ _0\"></span>ivo; <span class=\"_ _a\"> </span>quello <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>impianti <span class=\"_ _a\"> </span>e macchinari non stand<span class=\"_ _0\"></span>ard e <span class=\"_ _0\"></span>installati in opera<span class=\"_ _0\"></span>.  Per <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>lizzazioni <span class=\"_ _5\"></span>tecnic<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>detenute <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>altre <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>nsolidate <span class=\"_ _e\"> </span>non <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>ritenuto<span class=\"_ _0\"></span> necessario richieder<span class=\"_ _0\"></span>e una perizi<span class=\"_ _0\"></span>a di stima d<span class=\"_ _0\"></span>el fair value. <span class=\"_ _0\"></span> Altre informaz<span class=\"_ _0\"></span>ioni Si <span class=\"_ _a\"> </span>segnala <span class=\"_ _b\"> </span>che <span class=\"_ _a\"> </span>le <span class=\"_ _b\"> </span>obblig<span class=\"_ _0\"></span>azioni <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>F<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>garantite, <span class=\"_ _a\"> </span>i<span class=\"_ _0\"></span>nter <span class=\"_ _b\"> </span>alia, <span class=\"_ _a\"> </span>da un\u2019ipoteca <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ostituita <span class=\"_ _3\"></span>sugli <span class=\"_ _3\"></span>immobili <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opriet\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>Vi<span class=\"_ _0\"></span>ncenzo <span class=\"_ _3\"></span>Zucchi <span class=\"_ _3\"></span>S.p.A. di Casorezzo, V<span class=\"_ _0\"></span>imercate e Res<span class=\"_ _0\"></span>caldina. Si e<span class=\"_ _0\"></span>videnzia <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>emessi <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>\u2019acquisto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>obilizzazi<span class=\"_ _0\"></span>oni m<span class=\"_ _0\"></span>ateriali <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> data di bilanc<span class=\"_ _0\"></span>io era di impor<span class=\"_ _0\"></span>to non rilevan<span class=\"_ _0\"></span>te.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__71": {
   "value": "Nota 15 IMMOBILI, IMPIANTI E MACCHINARI La <span class=\"_ _5\"></span>compos<span class=\"_ _0\"></span>izione <span class=\"_ _5\"></span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _5\"> </span>\u201cImmobi<span class=\"_ _0\"></span>li, <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>macchinari\u201d <span class=\"_ _5\"></span>e <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _5\"></span>am<span class=\"_ _0\"></span>mortamenti accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2<span class=\"_ _0\"></span>02231.12.2<span class=\"_ _0\"></span>021Fondo Valori lordiValori ne<span class=\"_ _0\"></span>tti <span class=\"_ _81\"> </span>Valori nett<span class=\"_ _0\"></span>i(in migliaia di Eu<span class=\"_ _0\"></span>ro)ammortame<span class=\"_ _0\"></span>ntoTerreni19.258-19.25821.950Fabbric<span class=\"_ _0\"></span>ati37.43732.2545.1835.925Impiant<span class=\"_ _0\"></span>i e macch<span class=\"_ _0\"></span>inari24.14123.726415200Attrezzature257257--Altri ben<span class=\"_ _0\"></span>i22.44521.446999503Migliorie su <span class=\"_ _0\"></span>beni di terzi3.9472.9281.019517Immobi<span class=\"_ _0\"></span>lizzazioni in cors<span class=\"_ _0\"></span>o e acc<span class=\"_ _0\"></span>onti25-25281107.51080.61126.89929.376Si <span class=\"_\"> </span>for<span class=\"_ _0\"></span>nisce <span class=\"_ _a\"> </span>inoltre <span class=\"_\"> </span>q<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>seguit<span class=\"_ _0\"></span>o <span class=\"_\"> </span>l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _a\"> </span>movimenti <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>imm<span class=\"_ _0\"></span>obilizzazioni <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>degli ammortament<span class=\"_ _0\"></span>i accumulati i<span class=\"_ _0\"></span>ntervenuti nel c<span class=\"_ _0\"></span>orso dell\u2019es<span class=\"_ _0\"></span>ercizio: Ammorta<span class=\"_ _0\"></span>menti Valore lordoaccumul<span class=\"_ _0\"></span>ati e Valore net<span class=\"_ _0\"></span>to(in migliaia di E<span class=\"_ _0\"></span>uro)svalutazioniSaldi al 3<span class=\"_ _0\"></span>1.12.2020108.08478.83729.247Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2021:per acquis<span class=\"_ _0\"></span>ti819-819per accon<span class=\"_ _0\"></span>ti252-252per svaluta<span class=\"_ _0\"></span>zioni(67)-(67)per rilasc<span class=\"_ _0\"></span>io fondo <span class=\"_ _0\"></span>svalutazioni---per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(176)(166)(10)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he ---per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori46<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>45<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>1<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2021108.95879.58229.376Incremen<span class=\"_ _0\"></span>ti (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2022:per acquis<span class=\"_ _0\"></span>ti1.683-1.683per apport<span class=\"_ _0\"></span>i nuova con<span class=\"_ _0\"></span>trollata11.01010.888122per accon<span class=\"_ _0\"></span>ti(252)-(252)per svaluta<span class=\"_ _0\"></span>zioni(7)-(7)per ammo<span class=\"_ _0\"></span>rtamenti-900(900)per vendit<span class=\"_ _0\"></span>e ed elimi<span class=\"_ _0\"></span>nazioni(13.971)(10.811)(3.160)per ricl<span class=\"_ _0\"></span>assific<span class=\"_ _0\"></span>he 33-33per diffe<span class=\"_ _0\"></span>renze di con<span class=\"_ _0\"></span>versione e a<span class=\"_ _0\"></span>ltre min<span class=\"_ _0\"></span>ori56<span class=\"_ _170\"></span>          <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>52<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _6e\"> </span>4<span class=\"_ _172\"></span>          <span class=\"_ _0\"></span>           Saldi al 3<span class=\"_ _0\"></span>1.12.2022107.51080.61126.899Gli <span class=\"_ _3\"></span>acquis<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferiscon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>prev<span class=\"_ _0\"></span>alentement<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>vendita <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>1.0<span class=\"_ _0\"></span>69 <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iaia di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>all\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>nuov<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>macchinario <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>180 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>a lavori <span class=\"_ _3\"></span>sug<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>stabi<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>82 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>all\u2019acquis<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>computer<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ed altri beni per 35<span class=\"_ _0\"></span>2 migliaia d<span class=\"_ _0\"></span>i Euro. La <span class=\"_ _5\"></span>sv<span class=\"_ _0\"></span>alutazione <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>7 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferita <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>ter<span class=\"_ _0\"></span>reno <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Galliate, <span class=\"_ _e\"> </span>effettuata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Come gi\u00e0 s<span class=\"_ _0\"></span>egnalato, <span class=\"_ _0\"></span>in data 23 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022 l<span class=\"_ _0\"></span>a Capogrup<span class=\"_ _0\"></span>po ha ced<span class=\"_ _0\"></span>uto l\u2019intero<span class=\"_ _0\"></span> comples<span class=\"_ _0\"></span>so industriale di N<span class=\"_ _0\"></span>otaresc<span class=\"_ _0\"></span>o che <span class=\"_ _0\"></span>era c<span class=\"_ _0\"></span>onsiderato in <span class=\"_ _0\"></span>dismissione m<span class=\"_ _0\"></span>a non c<span class=\"_ _0\"></span>lassificato <span class=\"_ _0\"></span>tra le <span class=\"_ _0\"></span>attivit\u00e0 non <span class=\"_\"> </span>correnti <span class=\"_\"> </span>destinate <span class=\"_\"> </span>alla <span class=\"_\"> </span>vendita <span class=\"_\"> </span>non <span class=\"_\"> </span>essendosi <span class=\"_ _1\"> </span>v<span class=\"_ _0\"></span>erificate <span class=\"_\"> </span>tutte <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_\"> </span>previste<span class=\"_ _0\"></span> dall\u2019IFRS <span class=\"_ _3\"></span>5. <span class=\"_ _0\"></span>Il <span class=\"_ _3\"></span>corrispettivo <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>essione, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>3.000 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>sos<span class=\"_ _0\"></span>tanzialmente <span class=\"_ _3\"></span>in linea <span class=\"_\"> </span>col <span class=\"_\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_\"> </span>del<span class=\"_ _0\"></span>l\u2019area <span class=\"_ _a\"> </span>al <span class=\"_\"> </span>31 <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2021 <span class=\"_\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_\"> </span>un <span class=\"_\"> </span>terzo <span class=\"_ _a\"> </span>indipendente, <span class=\"_ _a\"> </span>ha generato <span class=\"_ _f\"> </span>una <span class=\"_ _e\"> </span>minusval<span class=\"_ _0\"></span>enza <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>154 <span class=\"_ _e\"> </span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _f\"> </span>Si <span class=\"_ _e\"> </span>evidenzia <span class=\"_ _f\"> </span>inoltre <span class=\"_ _e\"> </span>che,<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>nell\u2019amb<span class=\"_ _0\"></span>ito dell\u2019operazion<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>la <span class=\"_ _1\"> </span>Capogruppo <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>reg<span class=\"_ _0\"></span>istrato <span class=\"_ _1\"> </span>un\u2019ulter<span class=\"_ _0\"></span>iore <span class=\"_ _1\"> </span>perdita <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>150 <span class=\"_\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>Euro riferita <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>un\u2019indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _a\"> </span>risarcitoria <span class=\"_ _a\"> </span>p<span class=\"_ _0\"></span>agata <span class=\"_ _a\"> </span>all\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>prevista <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>alc<span class=\"_ _0\"></span>une <span class=\"_ _a\"> </span>clausole contrattuali.<span class=\"_ _0\"></span> La <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>posizione <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>voce <span class=\"_ _e\"> </span>\u201cDiritto <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>ut<span class=\"_ _0\"></span>ilizzo <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>Lease\u201d <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>relativi <span class=\"_ _e\"> </span>ammortamenti<span class=\"_ _0\"></span> accumulati al 31 <span class=\"_ _0\"></span>dicembre 2022<span class=\"_ _0\"></span> e 2021 \u00e8 la s<span class=\"_ _0\"></span>eguente: 31.12.2022<span class=\"_ _161\"> </span>3<span class=\"_ _0\"></span>1.12.202<span class=\"_ _0\"></span>1Ammortamenti<span class=\"_ _0\"></span> Valore lordoValore nett<span class=\"_ _0\"></span>o<span class=\"_ _ef\"> </span>Va<span class=\"_ _0\"></span>lore netto(in migli<span class=\"_ _0\"></span>aia di Euro)accumu<span class=\"_ _0\"></span>latiFabbricati<span class=\"_ _0\"></span> in Lease52.92318.45634.46728.472Impianti e<span class=\"_ _0\"></span> macchina<span class=\"_ _0\"></span>ri in Le<span class=\"_ _0\"></span>ase1.2301821.048-Altri beni i<span class=\"_ _0\"></span>n Lease60946914020854.76219.10735.65528.680La voce <span class=\"_ _0\"></span>\u201cFabbricati <span class=\"_ _0\"></span>in l<span class=\"_ _0\"></span>ease\u201d s<span class=\"_ _0\"></span>i riferisce <span class=\"_ _0\"></span>alla loc<span class=\"_ _0\"></span>azione <span class=\"_ _0\"></span>degli immob<span class=\"_ _0\"></span>ili ove s<span class=\"_ _0\"></span>ono ub<span class=\"_ _0\"></span>icati i <span class=\"_ _0\"></span>punti vendita <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>ruppo, <span class=\"_ _d\"></span>gli<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Impianti <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>mac<span class=\"_ _0\"></span>chinari <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>Lease\u201d <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>riferit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>leas<span class=\"_ _0\"></span>ing finanziario <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>eso <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>l\u2019acquisto <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>macchinari<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>mentre <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>\u201caltri <span class=\"_ _3\"></span>beni in Lease\u201d si riferisc<span class=\"_ _0\"></span>ono alla <span class=\"_ _0\"></span>locazione di <span class=\"_ _0\"></span>autovetture. Si f<span class=\"_ _0\"></span>ornisce <span class=\"_ _0\"></span>inoltre <span class=\"_ _3\"></span>qui di <span class=\"_ _0\"></span>seguit<span class=\"_ _0\"></span>o l<span class=\"_ _0\"></span>\u2019analisi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i m<span class=\"_ _0\"></span>ovimenti<span class=\"_ _0\"></span> dei\u201d <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>iritti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>utilizz<span class=\"_ _0\"></span>o be<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Lease\u201d <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> degli ammortam<span class=\"_ _0\"></span>enti accum<span class=\"_ _0\"></span>ulati al 31 dicem<span class=\"_ _0\"></span>bre 2021 e<span class=\"_ _0\"></span> 2022: Ammortam<span class=\"_ _0\"></span>enti Valore lo<span class=\"_ _0\"></span>rdoaccumu<span class=\"_ _0\"></span>lati e Valore n<span class=\"_ _0\"></span>etto(in migliaia di Euro)svalutazioniSaldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>033.0877.85125.236Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2021:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase141141per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease6.825(6.825)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(882)(882)-per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati10.11010.110per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori685018Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>142.52413.84428.680Increme<span class=\"_ _0\"></span>nti (decre<span class=\"_ _0\"></span>menti) de<span class=\"_ _0\"></span>ll'esercizio <span class=\"_ _0\"></span>2022:per nuovi co<span class=\"_ _0\"></span>ntratti <span class=\"_ _0\"></span>beni in Le<span class=\"_ _0\"></span>ase5.2035.203per appo<span class=\"_ _0\"></span>rto nuova co<span class=\"_ _0\"></span>ntrollata7.7777.777per amm<span class=\"_ _0\"></span>ortamen<span class=\"_ _0\"></span>ti beni in L<span class=\"_ _0\"></span>ease7.566(7.566)per chi<span class=\"_ _0\"></span>usura con<span class=\"_ _0\"></span>tratti beni<span class=\"_ _0\"></span> in Lease(3.018)(2.356)(662)per con<span class=\"_ _0\"></span>tratti beni <span class=\"_ _0\"></span>in lease p<span class=\"_ _0\"></span>rorogati2.1782.178per diffe<span class=\"_ _0\"></span>renze di conve<span class=\"_ _0\"></span>rsione e <span class=\"_ _0\"></span>altre minori985345Saldi al <span class=\"_ _0\"></span>31.12.202<span class=\"_ _0\"></span>254.76219.10735.655Nell\u2019esercizio <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ncrementi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>5.203 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l\u2019apertura <span class=\"_ _3\"></span>di nuov<span class=\"_ _0\"></span>i contratti <span class=\"_ _f\"> </span>relativi <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>mac<span class=\"_ _0\"></span>chinario <span class=\"_ _f\"> </span>ed <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>noleggio <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>autov<span class=\"_ _0\"></span>etture <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>di contratti <span class=\"_ _e\"> </span>d\u2019<span class=\"_ _0\"></span>affitto <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _e\"> </span>all<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>contro<span class=\"_ _0\"></span>llate <span class=\"_ _e\"> </span>Bas<span class=\"_ _0\"></span>setti <span class=\"_ _e\"> </span>Sch<span class=\"_ _0\"></span>weiz <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>Z<span class=\"_ _0\"></span>uckids. <span class=\"_ _f\"> </span>Dagli <span class=\"_ _e\"> </span>inc<span class=\"_ _0\"></span>rementi <span class=\"_ _e\"> </span>dei<span class=\"_ _0\"></span> diritti <span class=\"_ _0\"></span>d\u2019uso re<span class=\"_ _0\"></span>lativi all<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>estensioni d<span class=\"_ _0\"></span>ei c<span class=\"_ _0\"></span>ontratti <span class=\"_ _0\"></span>di aff<span class=\"_ _0\"></span>itto <span class=\"_ _0\"></span>gi\u00e0 in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e, pari<span class=\"_ _0\"></span> a <span class=\"_ _0\"></span>2.178 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _1\"> </span>derivato <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>ana<span class=\"_ _0\"></span>logo <span class=\"_ _f\"> </span>incremen<span class=\"_ _0\"></span>to <span class=\"_ _f\"> </span>delle <span class=\"_ _1\"> </span>corrispondenti <span class=\"_ _f\"> </span>passivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _f\"> </span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _f\"> </span>(c<span class=\"_ _0\"></span>ome pure <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nuovi <span class=\"_ _3\"></span>contratti <span class=\"_ _3\"></span>acc<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>periodo). <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>verificata <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>duzione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori pari a 662 m<span class=\"_ _0\"></span>igliaia di Euro <span class=\"_ _0\"></span>a seguito de<span class=\"_ _0\"></span>lla chiusura d<span class=\"_ _0\"></span>i alcuni contr<span class=\"_ _0\"></span>atti.   Valutazione aree<span class=\"_ _0\"></span> in dismiss<span class=\"_ _0\"></span>ione Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>l\u2019area <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Ca<span class=\"_ _0\"></span>sorezzo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>considerata <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>smissione <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alcun<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>eserciz<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n classificata <span class=\"_ _3\"></span>tra <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>corrent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>destinate<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>vendita <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>essen<span class=\"_ _0\"></span>dosi <span class=\"_ _0\"></span>verific<span class=\"_ _0\"></span>ate <span class=\"_ _0\"></span>tutt<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> condizioni <span class=\"_ _5\"></span>previste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>all\u2019IFRS <span class=\"_ _5\"></span>5. <span class=\"_ _d\"></span>La <span class=\"_ _5\"></span>valut<span class=\"_ _0\"></span>azione <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>ll\u2019area <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _5\"></span>2022, <span class=\"_ _d\"></span>ottenu<span class=\"_ _0\"></span>ta <span class=\"_ _d\"></span>da un terzo indipend<span class=\"_ _0\"></span>ente, am<span class=\"_ _0\"></span>monta a 12,1<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o. Il fa<span class=\"_ _0\"></span>ir <span class=\"_ _0\"></span>value <span class=\"_ _0\"></span>dell\u2019unit\u00e0 <span class=\"_ _3\"></span>immobiliare <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>all\u2019ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>stimato <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i u<span class=\"_ _0\"></span>na pro<span class=\"_ _0\"></span>priet\u00e0<span class=\"_ _0\"></span> dovr<span class=\"_ _0\"></span>ebbe essere <span class=\"_ _0\"></span>cedu<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>acquistata<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>utazione<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nditore <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>cquirente<span class=\"_ _0\"></span> entrambi <span class=\"_ _10\"> </span>inter<span class=\"_ _0\"></span>essati <span class=\"_ _10\"> </span>alla <span class=\"_ _11\"> </span>transazione, <span class=\"_ _10\"> </span>a <span class=\"_ _10\"> </span>c<span class=\"_ _0\"></span>ondizioni <span class=\"_ _11\"> </span>concorrenziali, <span class=\"_ _10\"> </span>do<span class=\"_ _0\"></span>po <span class=\"_ _10\"> </span>un\u2019adeg<span class=\"_ _0\"></span>uata trattativa <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>parti<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>biano <span class=\"_ _0\"></span>agito <span class=\"_ _3\"></span>in modo <span class=\"_ _0\"></span>informa<span class=\"_ _0\"></span>to. <span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ioni <span class=\"_ _0\"></span>hanno <span class=\"_ _0\"></span>considerat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>i beni <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>destinazione <span class=\"_ _e\"> </span>d\u2019uso <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>data <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferimen<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>della <span class=\"_ _5\"></span>stima <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>gli <span class=\"_ _5\"> </span>im<span class=\"_ _0\"></span>mobili <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tati stimati <span class=\"_ _e\"> </span>sul<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>base <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _e\"> </span>criter<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>trasf<span class=\"_ _0\"></span>ormazione <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>quale <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>va<span class=\"_ _0\"></span>lore <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>b<span class=\"_ _0\"></span>ene deriva <span class=\"_ _e\"> </span>dall\u2019attualizzazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>del <span class=\"_ _5\"></span>cash <span class=\"_ _e\"> </span>flow <span class=\"_ _5\"> </span>ge<span class=\"_ _0\"></span>nerato <span class=\"_ _e\"> </span>dall\u2019operazione <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _e\"> </span>immobiliare, sulla <span class=\"_ _f\"> </span>b<span class=\"_ _0\"></span>ase <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>ricavi <span class=\"_ _1\"> </span>attesi <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>della <span class=\"_ _f\"> </span>som<span class=\"_ _0\"></span>matoria <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>costi <span class=\"_ _1\"> </span>da <span class=\"_ _f\"> </span>sos<span class=\"_ _0\"></span>tenere <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>realizz<span class=\"_ _0\"></span>are <span class=\"_ _f\"> </span>l<span class=\"_ _0\"></span>a trasformazione.<span class=\"_ _0\"></span> U<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>appropr<span class=\"_ _0\"></span>iato <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ualizzazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>considera<span class=\"_ _0\"></span> le <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>omponent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>finanziarie ed <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>rischi<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>mprenditorial<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>ll\u2019operazione. <span class=\"_ _1\"> </span>La <span class=\"_ _f\"> </span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>tenuto <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _1\"> </span>dei <span class=\"_ _f\"> </span>costi <span class=\"_ _1\"> </span>di cessione. Valutazione terr<span class=\"_ _0\"></span>eni I <span class=\"_ _0\"></span>terr<span class=\"_ _0\"></span>eni <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutati <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osto <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>determinato <span class=\"_ _3\"></span>corrispondente <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _3\"></span>value <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>della transizione <span class=\"_ _5\"></span>agl<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>IFR<span class=\"_ _0\"></span>S <span class=\"_ _d\"></span>(1<span class=\"_ _0\"></span>\u00b0 <span class=\"_ _5\"></span>gennaio <span class=\"_ _5\"></span>2004)<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>seguito <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>perizia <span class=\"_ _5\"> </span>di <span class=\"_ _5\"></span>periti <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>perti <span class=\"_ _5\"></span>indipende<span class=\"_ _0\"></span>nti, redatta <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _f\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>Standard <span class=\"_ _f\"> </span>In<span class=\"_ _0\"></span>ternazion<span class=\"_ _0\"></span>ali <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>valutaz<span class=\"_ _0\"></span>ione; <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>riva<span class=\"_ _0\"></span>lutazion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>stata effettuata sulla <span class=\"_ _0\"></span>base dei va<span class=\"_ _0\"></span>lori di mercato.<span class=\"_ _0\"></span> L\u2019importo <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>lutazione <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>trans<span class=\"_ _0\"></span>izione a<span class=\"_ _0\"></span>gli IF<span class=\"_ _0\"></span>RS (<span class=\"_ _0\"></span>36,8 <span class=\"_ _0\"></span>milio<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro), <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto delle imposte <span class=\"_ _0\"></span>differite (11,7<span class=\"_ _0\"></span> milioni di Eur<span class=\"_ _0\"></span>o), \u00e8 stato a<span class=\"_ _0\"></span>llocato a patr<span class=\"_ _0\"></span>imonio netto.<span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>iduo <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ggi <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla riva<span class=\"_ _0\"></span>lutazione, <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iminuit<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>seguito <span class=\"_ _3\"></span>di dism<span class=\"_ _0\"></span>issioni <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ealizzate <span class=\"_ _0\"></span>dal<span class=\"_ _0\"></span> 2004 <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>oggi, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>20,4 <span class=\"_ _3\"></span>milioni <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>relative <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _3\"></span>differite <span class=\"_ _3\"></span>ammontano <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>7 milioni di Euro.<span class=\"_ _0\"></span> Trattandosi <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>terren<span class=\"_ _0\"></span>i, <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>di <span class=\"_\"> </span>mercato <span class=\"_\"> </span>\u00e8 <span class=\"_ _1\"> </span>stato <span class=\"_\"> </span>determinato <span class=\"_\"> </span>facendo <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>imento <span class=\"_\"> </span>alla destinazione <span class=\"_ _3\"></span>urbanistica <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>suo<span class=\"_ _0\"></span>lo <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>alle <span class=\"_ _0\"></span>potenz<span class=\"_ _0\"></span>ialit\u00e0 <span class=\"_ _0\"></span>edific<span class=\"_ _0\"></span>atorie <span class=\"_ _0\"></span>previste<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>umenti <span class=\"_ _0\"></span>di pianificazione <span class=\"_ _0\"></span>urbanistica v<span class=\"_ _0\"></span>igenti (appr<span class=\"_ _0\"></span>ovati o adottat<span class=\"_ _0\"></span>i). Laddove <span class=\"_ _b\"> </span>ritenuto <span class=\"_ _a\"> </span>oppor<span class=\"_ _0\"></span>tuno <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>stati <span class=\"_ _b\"> </span>applicati <span class=\"_ _a\"> </span>fa<span class=\"_ _0\"></span>ttori <span class=\"_ _a\"> </span>cor<span class=\"_ _0\"></span>rettivi <span class=\"_ _a\"> </span>per <span class=\"_ _b\"> </span>tener <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>onto <span class=\"_ _a\"> </span>del<span class=\"_ _0\"></span>le caratteristiche i<span class=\"_ _0\"></span>ntrinseche ed es<span class=\"_ _0\"></span>trinseche ai s<span class=\"_ _0\"></span>ingoli lotti <span class=\"_ _0\"></span>di terreno. Ai <span class=\"_ _b\"> </span>fi<span class=\"_ _0\"></span>ni <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _14\"> </span>redaz<span class=\"_ _0\"></span>ione <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _14\"> </span>31 <span class=\"_ _14\"> </span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>022, <span class=\"_ _14\"> </span>stante<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>persistente<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>cr<span class=\"_ _0\"></span>isi economico-finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>carat<span class=\"_ _0\"></span>terizzato <span class=\"_ _3\"></span>l\u2019econo<span class=\"_ _0\"></span>mia <span class=\"_ _3\"></span>mondiale, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _3\"></span>richiesto <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>perito indipendente, <span class=\"_ _5\"></span>seppur <span class=\"_ _d\"></span>non <span class=\"_ _5\"></span>fosse <span class=\"_ _d\"></span>tras<span class=\"_ _0\"></span>corso <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>trienn<span class=\"_ _0\"></span>io <span class=\"_ _d\"></span>dall<span class=\"_ _0\"></span>\u2019ultima <span class=\"_ _d\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>otte<span class=\"_ _0\"></span>nuta <span class=\"_ _d\"></span>deg<span class=\"_ _0\"></span>li stessi, <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>erifica <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alori <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>confer<span class=\"_ _0\"></span>mato <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>erreni <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>differiscono in maniera rilevante <span class=\"_ _0\"></span>dai valori isc<span class=\"_ _0\"></span>ritti in bilanc<span class=\"_ _0\"></span>io. Valutazione fa<span class=\"_ _0\"></span>bbricati e impianti <span class=\"_ _0\"></span>generici Per <span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uanto <span class=\"_ _3\"></span>concerne <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>abbricati <span class=\"_ _3\"></span>iscritto <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ichiesta <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>erizia <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>zo indipendente <span class=\"_\"> </span>volta <span class=\"_ _1\"> </span>a <span class=\"_ _1\"> </span>stim<span class=\"_ _0\"></span>are <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>valore <span class=\"_ _1\"> </span>corrente <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>utilizz<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>attribuibile <span class=\"_\"> </span>ai <span class=\"_ _1\"> </span>fabbric<span class=\"_ _0\"></span>ati <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>agli impianti <span class=\"_ _0\"></span>generic<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mplessi <span class=\"_ _0\"></span>immobiliar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>siti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>Cu<span class=\"_ _0\"></span>ggiono <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>escaldina. <span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ali <span class=\"_ _0\"></span>perizie <span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>no evidenziato valor<span class=\"_ _0\"></span>i superiori di que<span class=\"_ _0\"></span>lli iscr<span class=\"_ _0\"></span>itti in bilancio.<span class=\"_ _0\"></span> In <span class=\"_ _1\"> </span>relazione <span class=\"_ _1\"> </span>alle <span class=\"_ _1\"> </span>carat<span class=\"_ _0\"></span>teristiche, <span class=\"_\"> </span>all<span class=\"_ _2\"></span>e <span class=\"_ _1\"> </span>destinaz<span class=\"_ _0\"></span>ioni <span class=\"_ _1\"> </span>d\u2019uso <span class=\"_ _1\"> </span>ed <span class=\"_\"> </span>a<span class=\"_ _2\"></span>lle <span class=\"_ _1\"> </span>potenzia<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>utilizzo <span class=\"_ _1\"> </span>di ciascun <span class=\"_ _3\"></span>immobi<span class=\"_ _0\"></span>le, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>determinazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mercato <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tati <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>ottati, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>ma autonoma o co<span class=\"_ _0\"></span>mbinati tra l<span class=\"_ _0\"></span>oro, i seguent<span class=\"_ _0\"></span>i approcci: -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do <span class=\"_ _d\"></span>compar<span class=\"_ _0\"></span>ativo: <span class=\"_ _5\"></span>il <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _5\"></span>dell\u2019immob<span class=\"_ _0\"></span>ile <span class=\"_ _d\"></span>der<span class=\"_ _0\"></span>iva <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _d\"></span>confro<span class=\"_ _0\"></span>nto <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>le <span class=\"_ _d\"></span>quo<span class=\"_ _0\"></span>tazioni </span>correnti <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>mercato <span class=\"_ _f\"> </span>relativ<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>immobili <span class=\"_ _f\"> </span>assimilabi<span class=\"_ _0\"></span>li <span class=\"_ _f\"> </span>(comparables), <span class=\"_ _f\"> </span>attr<span class=\"_ _0\"></span>averso <span class=\"_ _f\"> </span>un processo <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201caggiustament<span class=\"_ _0\"></span>o\u201d <span class=\"_ _e\"> </span>che <span class=\"_ _f\"> </span>apprezza <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>pecu<span class=\"_ _0\"></span>liarit\u00e0 <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ell\u2019immobile <span class=\"_ _f\"> </span>oggetto <span class=\"_ _e\"> </span>di stima rispetto a<span class=\"_ _0\"></span>lle corrispondent<span class=\"_ _0\"></span>i caratteristich<span class=\"_ _0\"></span>e dei comparables<span class=\"_ _0\"></span>; -<span class=\"ff3\"> <span class=\"_ _d8\"> </span>meto<span class=\"_ _0\"></span>do dell\u2019attua<span class=\"_ _0\"></span>lizzazione <span class=\"_ _0\"></span>dei fluss<span class=\"_ _0\"></span>i di c<span class=\"_ _0\"></span>assa (<span class=\"_ _0\"></span>DCF): il <span class=\"_ _0\"></span>valore d<span class=\"_ _0\"></span>ell\u2019immobile, <span class=\"_ _0\"></span>nel s<span class=\"_ _0\"></span>uo </span>insieme, <span class=\"_ _3\"></span>deriva <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>attualiz<span class=\"_ _0\"></span>zazione <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>cas<span class=\"_ _0\"></span>h <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>low <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ci <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>attende <span class=\"_ _3\"></span>verr\u00e0 <span class=\"_ _3\"></span>generato dai <span class=\"_ _a\"> </span>contra<span class=\"_ _0\"></span>tti <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>locazione <span class=\"_ _b\"> </span>e/o <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ai <span class=\"_ _a\"> </span>prov<span class=\"_ _0\"></span>enti <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>endite, <span class=\"_ _b\"> </span>al <span class=\"_ _a\"> </span>n<span class=\"_ _0\"></span>etto <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>costi <span class=\"_ _b\"> </span>di pertinenza <span class=\"_ _13\"> </span>della <span class=\"_ _13\"> </span>propriet\u00e0; <span class=\"_ _13\"> </span>il <span class=\"_ _11\"> </span>procedi<span class=\"_ _0\"></span>mento <span class=\"_ _11\"> </span>ut<span class=\"_ _0\"></span>ilizza <span class=\"_ _13\"> </span>un <span class=\"_ _11\"> </span>appr<span class=\"_ _0\"></span>opriato <span class=\"_ _13\"> </span>tasso <span class=\"_ _13\"> </span>di attualizzazione, <span class=\"_ _e\"> </span>che <span class=\"_ _5\"></span>consi<span class=\"_ _0\"></span>dera <span class=\"_ _5\"> </span>ana<span class=\"_ _0\"></span>liticamente <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _5\"> </span>car<span class=\"_ _0\"></span>atteristici <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>ll\u2019immobile <span class=\"_ _e\"> </span>in esame. Nel <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>aso <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>immobil<span class=\"_ _0\"></span>i-porzioni <span class=\"_ _d\"></span>immo<span class=\"_ _0\"></span>biliari <span class=\"_ _d\"></span>trasform<span class=\"_ _0\"></span>abili/<span class=\"_ _0\"></span>da <span class=\"_ _3\"></span>valor<span class=\"_ _0\"></span>izzare <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _d\"></span>stata sviluppata a<span class=\"_ _0\"></span>pplicando<span class=\"_ _0\"></span> il criterio de<span class=\"_ _0\"></span>l Valore d<span class=\"_ _0\"></span>i Trasf<span class=\"_ _0\"></span>ormazione, <span class=\"_ _0\"></span>in base <span class=\"_ _0\"></span>al quale <span class=\"_ _0\"></span>il Valore<span class=\"_ _0\"></span> della propriet\u00e0 <span class=\"_ _1\"> </span>deriva <span class=\"_ _f\"> </span>dalla <span class=\"_ _1\"> </span>attualizzazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>cas<span class=\"_ _0\"></span>h <span class=\"_ _f\"> </span>f<span class=\"_ _0\"></span>low <span class=\"_ _1\"> </span>generato <span class=\"_ _f\"> </span>da<span class=\"_ _0\"></span>ll\u2019operazione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>sv<span class=\"_ _0\"></span>iluppo immobiliare, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>luce <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cavi att<span class=\"_ _0\"></span>esi <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>sommatoria <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>realizzaz<span class=\"_ _0\"></span>ione, <span class=\"_ _0\"></span>tene<span class=\"_ _0\"></span>ndo conto degli oner<span class=\"_ _0\"></span>i/proventi fi<span class=\"_ _0\"></span>nanziari e de<span class=\"_ _0\"></span>l rischio impre<span class=\"_ _0\"></span>nditoriale. Valutazioni imp<span class=\"_ _0\"></span>ianti, macch<span class=\"_ _0\"></span>inari e altri<span class=\"_ _0\"></span> beni \u2013 assunzi<span class=\"_ _0\"></span>oni utilizzate<span class=\"_ _0\"></span> Il <span class=\"_ _c\"> </span>parc<span class=\"_ _0\"></span>o <span class=\"_ _c\"> </span>im<span class=\"_ _0\"></span>pianti <span class=\"_ _12\"> </span>e <span class=\"_ _c\"> </span>macc<span class=\"_ _0\"></span>hinari <span class=\"_ _c\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _c\"> </span>quello <span class=\"_ _12\"> </span>delle <span class=\"_ _12\"> </span>attrezzature <span class=\"_ _12\"> </span>comprendono <span class=\"_ _12\"> </span>cespiti contabilmente <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>i\u00e0 <span class=\"_ _3\"></span>totalmen<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>ammor<span class=\"_ _0\"></span>tizzati, <span class=\"_ _3\"></span>ma <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ncora<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>impiegati <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>produzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>essendo la loro capacit\u00e0 pr<span class=\"_ _0\"></span>oduttiva s<span class=\"_ _0\"></span>uperiore a<span class=\"_ _0\"></span>lla vita contabile.<span class=\"_ _0\"></span> Valutata <span class=\"_ _e\"> </span>la <span class=\"_ _5\"> </span>na<span class=\"_ _0\"></span>tura <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>egli <span class=\"_ _e\"> </span>asset <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>revalenza <span class=\"_ _e\"> </span>generica, <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>loro <span class=\"_ _5\"></span>attu<span class=\"_ _0\"></span>ale utilizzo <span class=\"_ _3\"></span>operativo, <span class=\"_ _3\"></span>cons<span class=\"_ _0\"></span>tatat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>sussistenza <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>diverse <span class=\"_ _d\"></span>metodologie <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>calco<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fair <span class=\"_ _3\"></span>value che <span class=\"_ _3\"></span>ben <span class=\"_ _3\"></span>sembra<span class=\"_ _0\"></span>no <span class=\"_ _3\"></span>adattarsi <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>lutazione <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>pred<span class=\"_ _0\"></span>etti <span class=\"_ _3\"></span>assets<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ritenuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>recepire <span class=\"_ _3\"></span>la metodologia <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>valori <span class=\"_ _5\"></span>cont<span class=\"_ _0\"></span>enuti <span class=\"_ _5\"></span>nella <span class=\"_ _5\"> </span>periz<span class=\"_ _0\"></span>ia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tima <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>fa<span class=\"_ _0\"></span>ir <span class=\"_ _5\"></span>value <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>mmobilizz<span class=\"_ _0\"></span>azioni tecniche <span class=\"_ _e\"> </span>redatta <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>perito <span class=\"_ _e\"> </span>professionalmente <span class=\"_ _e\"> </span>qua<span class=\"_ _0\"></span>lificato <span class=\"_ _e\"> </span>incaricato <span class=\"_ _e\"> </span>dalla <span class=\"_ _e\"> </span>Vincen<span class=\"_ _0\"></span>zo <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>ucchi S.p.A., <span class=\"_ _9\"> </span>ossia <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a <span class=\"_ _8\"> </span>Pr<span class=\"_ _0\"></span>axi <span class=\"_ _9\"> </span>S.p.A.<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>deter<span class=\"_ _0\"></span>minazione <span class=\"_ _10\"> </span>del <span class=\"_ _8\"> </span>rec<span class=\"_ _0\"></span>overable <span class=\"_ _9\"> </span>am<span class=\"_ _0\"></span>ount <span class=\"_ _9\"> </span>delle immobilizzaz<span class=\"_ _0\"></span>ioni <span class=\"_ _b\"> </span>tecniche <span class=\"_ _14\"> </span>ai <span class=\"_ _b\"> </span>fini <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>giudizio <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>im<span class=\"_ _0\"></span>pairment <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evista <span class=\"_ _b\"> </span>dallo <span class=\"_ _14\"> </span>IAS <span class=\"_ _b\"> </span>36. <span class=\"_ _b\"> </span>I<span class=\"_ _0\"></span>n particolare, per <span class=\"_ _0\"></span>la stima de<span class=\"_ _0\"></span>gli asset in o<span class=\"_ _0\"></span>ggetto Praxi S.<span class=\"_ _0\"></span>p.A. si \u00e8 <span class=\"_ _0\"></span>avvalsa:  -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del <span class=\"_ _8\"> </span>metodo <span class=\"_ _9\"> </span>com<span class=\"_ _0\"></span>parativo, <span class=\"_ _9\"> </span>attraverso <span class=\"_ _9\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>quale <span class=\"_ _9\"> </span>il <span class=\"_ _8\"> </span>v<span class=\"_ _0\"></span>alore <span class=\"_ _9\"> </span>di <span class=\"_ _8\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _9\"> </span>bene <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _8\"> </span>st<span class=\"_ _0\"></span>imato <span class=\"_ _9\"> </span>per </span>comparazione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>beni <span class=\"_ _3\"></span>analoghi <span class=\"_ _3\"></span>(per <span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>ologia, <span class=\"_ _3\"></span>caratteristiche <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>destinazione <span class=\"_ _3\"></span>d\u2019uso) di <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>noto <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>valore.<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>Il <span class=\"_ _1\"> </span>metodo <span class=\"_ _1\"> </span>co<span class=\"_ _0\"></span>mparativo <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>util<span class=\"_ _0\"></span>izzabile <span class=\"_ _1\"> </span>laddove <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>ia <span class=\"_ _1\"> </span>presente <span class=\"_ _1\"> </span>un numero <span class=\"_ _b\"> </span>sufficien<span class=\"_ _0\"></span>te <span class=\"_ _a\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>v<span class=\"_ _0\"></span>alori <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>riferim<span class=\"_ _0\"></span>ento. <span class=\"_ _b\"> </span>Per <span class=\"_ _b\"> </span>la <span class=\"_ _b\"> </span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>valore <span class=\"_ _b\"> </span>final<span class=\"_ _0\"></span>e dell\u2019asset, <span class=\"_ _0\"></span>quindi, i<span class=\"_ _0\"></span>l p<span class=\"_ _0\"></span>erito ha <span class=\"_ _0\"></span>sv<span class=\"_ _0\"></span>olto le <span class=\"_ _0\"></span>seguenti <span class=\"_ _0\"></span>attivit\u00e0:<span class=\"_ _0\"></span> (i) <span class=\"_ _0\"></span>individuaz<span class=\"_ _0\"></span>ione dei <span class=\"_ _0\"></span><span class=\"ff4\">comparabl<span class=\"_ _0\"></span>e</span>, (ii) <span class=\"_ _3\"></span>com<span class=\"_ _0\"></span>parazione, <span class=\"_ _d\"></span>(iii) <span class=\"_ _d\"></span>appr<span class=\"_ _0\"></span>ezzamento/d<span class=\"_ _0\"></span>eprezzamento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dell\u2019as<span class=\"_ _0\"></span>set <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>ai <span class=\"_ _d\"></span><span class=\"ff4\">compara<span class=\"_ _0\"></span>ble</span>, in funzione delle s<span class=\"_ _0\"></span>ue caratter<span class=\"_ _0\"></span>istiche specific<span class=\"_ _0\"></span>he e (iv) calcolo del <span class=\"_ _0\"></span>valore final<span class=\"_ _0\"></span>e; -<span class=\"ff3\"> <span class=\"_ _12\"> </span>del metodo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>costo, <span class=\"_ _3\"></span>attravers<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>quale <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>bene, <span class=\"_ _0\"></span>chiam<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>dal <span class=\"_ _3\"></span>perito <span class=\"_ _0\"></span>\u201cValore<span class=\"_ _0\"></span> </span>Corrente <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>U<span class=\"_ _0\"></span>tilizzo\u201d <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stimato <span class=\"_ _e\"> </span>partendo <span class=\"_ _e\"> </span>dal <span class=\"_ _e\"> </span>suo <span class=\"_ _e\"> </span>costo <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>icostruzione <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>nuovo <span class=\"_ _e\"> </span>da <span class=\"_ _e\"> </span>cui sono po<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sottratti <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>event<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>deprez<span class=\"_ _0\"></span>zamenti <span class=\"_ _0\"></span>imputabili <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pass<span class=\"_ _0\"></span>ivit\u00e0 c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>gravano <span class=\"_ _0\"></span>sul <span class=\"_ _0\"></span>bene<span class=\"_ _0\"></span> stesso <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>eccesso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>investi<span class=\"_ _0\"></span>mento, <span class=\"_ _3\"></span>usura <span class=\"_ _3\"></span>fis<span class=\"_ _0\"></span>ica, <span class=\"_ _3\"></span>inad<span class=\"_ _0\"></span>eguatezza <span class=\"_ _3\"></span>tecn<span class=\"_ _0\"></span>ologica, <span class=\"_ _3\"></span>obsol<span class=\"_ _0\"></span>escenza funzionale). <span class=\"_ _e\"> </span>Il <span class=\"_ _e\"> </span>metodo <span class=\"_ _e\"> </span>del <span class=\"_ _f\"> </span>costo <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>utilizzato <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>valutazion<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>beni <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>presentano<span class=\"_ _0\"></span> specificit\u00e0 tal<span class=\"_ _0\"></span>i da non consentir<span class=\"_ _0\"></span>e un confront<span class=\"_ _0\"></span>o diretto co<span class=\"_ _0\"></span>n altri ben<span class=\"_ _0\"></span>i. Praxi <span class=\"_ _0\"></span>S.p.A. <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>imato <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>fair <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alue, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>vend<span class=\"_ _0\"></span>ita, <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>impian<span class=\"_ _0\"></span>ti, <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>e degli <span class=\"_ _a\"> </span>altri <span class=\"_ _a\"> </span>beni <span class=\"_ _a\"> </span>app<span class=\"_ _0\"></span>licando <span class=\"_ _a\"> </span>il <span class=\"_ _a\"> </span>m<span class=\"_ _0\"></span>etodo <span class=\"_ _a\"> </span>comparat<span class=\"_ _0\"></span>ivo; <span class=\"_ _a\"> </span>quello <span class=\"_ _a\"> </span>de<span class=\"_ _0\"></span>l <span class=\"_ _a\"> </span>costo <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>gl<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>impianti <span class=\"_ _a\"> </span>e macchinari non stand<span class=\"_ _0\"></span>ard e <span class=\"_ _0\"></span>installati in opera<span class=\"_ _0\"></span>.  Per <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>lizzazioni <span class=\"_ _5\"></span>tecnic<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>detenute <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>altre <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>nsolidate <span class=\"_ _e\"> </span>non <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>ritenuto<span class=\"_ _0\"></span> necessario richieder<span class=\"_ _0\"></span>e una perizi<span class=\"_ _0\"></span>a di stima d<span class=\"_ _0\"></span>el fair value. <span class=\"_ _0\"></span> Altre informaz<span class=\"_ _0\"></span>ioni Si <span class=\"_ _a\"> </span>segnala <span class=\"_ _b\"> </span>che <span class=\"_ _a\"> </span>le <span class=\"_ _b\"> </span>obblig<span class=\"_ _0\"></span>azioni <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ui <span class=\"_ _a\"> </span>al <span class=\"_ _a\"> </span>F<span class=\"_ _0\"></span>inanziam<span class=\"_ _0\"></span>ento <span class=\"_ _a\"> </span>sono <span class=\"_ _b\"> </span>garantite, <span class=\"_ _a\"> </span>i<span class=\"_ _0\"></span>nter <span class=\"_ _b\"> </span>alia, <span class=\"_ _a\"> </span>da un\u2019ipoteca <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>primo <span class=\"_ _0\"></span>gra<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ostituita <span class=\"_ _3\"></span>sugli <span class=\"_ _3\"></span>immobili <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>opriet\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>Vi<span class=\"_ _0\"></span>ncenzo <span class=\"_ _3\"></span>Zucchi <span class=\"_ _3\"></span>S.p.A. di Casorezzo, V<span class=\"_ _0\"></span>imercate e Res<span class=\"_ _0\"></span>caldina. Si e<span class=\"_ _0\"></span>videnzia <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>il va<span class=\"_ _0\"></span>lore <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>ni <span class=\"_ _0\"></span>emessi <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>\u2019acquisto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>obilizzazi<span class=\"_ _0\"></span>oni m<span class=\"_ _0\"></span>ateriali <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> data di bilanc<span class=\"_ _0\"></span>io era di impor<span class=\"_ _0\"></span>to non rilevan<span class=\"_ _0\"></span>te.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__74": {
   "value": "Nota 16 INVESTIMENTI IMMOBILIARI<span class=\"fs2 fc5\"> </span>Gli <span class=\"_ _3\"></span>inv<span class=\"_ _0\"></span>estimenti <span class=\"_ _d\"></span>immobiliar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>del <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _d\"></span>2022 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _d\"></span>un <span class=\"_ _d\"></span>box<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>detenuto dalla Capogrup<span class=\"_ _0\"></span>po e il cui v<span class=\"_ _0\"></span>alore di iscrizion<span class=\"_ _0\"></span>e a bilancio \u00e8 par<span class=\"_ _0\"></span>i a zero.<span class=\"_ _0\"></span> Gli <span class=\"_ _a\"> </span>inves<span class=\"_ _0\"></span>timenti <span class=\"_ _b\"> </span>immobiliari <span class=\"_ _b\"> </span>sono <span class=\"_ _b\"> </span>iscritti <span class=\"_ _a\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>costo <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>torico, <span class=\"_ _a\"> </span>ev<span class=\"_ _0\"></span>entualmente <span class=\"_ _b\"> </span>rettificato <span class=\"_ _b\"> </span>per riconoscere p<span class=\"_ _0\"></span>erdite di valor<span class=\"_ _0\"></span>e, che \u00e8 rappr<span class=\"_ _0\"></span>esentativo de<span class=\"_ _0\"></span>l fair value a<span class=\"_ _0\"></span>lla data di bi<span class=\"_ _0\"></span>lancio<span class=\"ff5 fs3\">. </span>Nel corso del 20<span class=\"_ _0\"></span>22, cos\u00ec co<span class=\"_ _0\"></span>me nell\u2019eserc<span class=\"_ _0\"></span>izio 2021, la v<span class=\"_ _0\"></span>oce non ha r<span class=\"_ _0\"></span>egistrato mov<span class=\"_ _0\"></span>imenti. Si <span class=\"_\"> </span>evidenzia <span class=\"_\"> </span>che <span class=\"_\"> </span>nel <span class=\"_\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_\"> </span>non <span class=\"_\"> </span>sono <span class=\"_\"> </span>stati <span class=\"_\"> </span>re<span class=\"_ _0\"></span>gistrati <span class=\"_\"> </span>ricav<span class=\"_ _0\"></span>i <span class=\"_\"> </span>per <span class=\"_\"> </span>canoni <span class=\"_\"> </span>e <span class=\"_\"> </span>costi <span class=\"_\"> </span>operativi relativamente ag<span class=\"_ _0\"></span>li invest<span class=\"_ _0\"></span>imenti immobi<span class=\"_ _0\"></span>liare di cui sopr<span class=\"_ _0\"></span>a.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentPropertyExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__76": {
   "value": "Nota 17 ATTIVITA\u2019 IMMATERIALI<span class=\"fc5\"> </span>La <span class=\"_ _1\"> </span>composizi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>delle <span class=\"_\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>relativi <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>mmortament<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>accumu<span class=\"_ _0\"></span>lati <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 dicembre 2022 e 2<span class=\"_ _0\"></span>021 \u00e8 la <span class=\"_ _0\"></span>seguente: 31.12.2<span class=\"_ _0\"></span>02231.12.2<span class=\"_ _0\"></span>021Fondo Valori lordiValori ne<span class=\"_ _0\"></span>tti<span class=\"_ _6d\"> </span>Valori nett<span class=\"_ _0\"></span>i(in migliaia di Eu<span class=\"_ _0\"></span>ro)ammortame<span class=\"_ _0\"></span>ntoDiritti di<span class=\"_ _0\"></span> brevetto indus<span class=\"_ _0\"></span>triale <span class=\"_ _0\"></span>e diritti di utilizzazione d<span class=\"_ _0\"></span>i opere del<span class=\"_ _0\"></span>l'ingegno2.849<span class=\"_ _173\"></span>            <span class=\"_ _0\"></span>          <span class=\"_ _e5\"> </span>2.59<span class=\"_ _0\"></span>8<span class=\"_ _174\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _58\"> </span>251<span class=\"_ _135\"></span>      <span class=\"_ _0\"></span>           <span class=\"_ _175\"> </span>115<span class=\"_ _135\"></span>                 Concessi<span class=\"_ _0\"></span>oni, li<span class=\"_ _0\"></span>cenze, marchi5.0475954.45211Avviamenti c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i7.856-7.856-Immobi<span class=\"_ _0\"></span>lizzazioni in cors<span class=\"_ _0\"></span>o e acc<span class=\"_ _0\"></span>onti557-557509Altre2.4716261.8451.45518.7803.81914.9612.090I \u201cDiritti di <span class=\"_ _0\"></span>brevett<span class=\"_ _0\"></span>o industri<span class=\"_ _0\"></span>ale e <span class=\"_ _0\"></span>diritti <span class=\"_ _0\"></span>di utilizzaz<span class=\"_ _0\"></span>ione delle o<span class=\"_ _0\"></span>pere del<span class=\"_ _0\"></span>l\u2019ingegno\u201d <span class=\"_ _0\"></span>comprendono in <span class=\"_ _5\"></span>pr<span class=\"_ _0\"></span>evalenza <span class=\"_ _e\"> </span>acquisti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>software <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>elaboratori <span class=\"_ _e\"> </span>ele<span class=\"_ _0\"></span>ttronici. <span class=\"_ _e\"> </span>La <span class=\"_ _e\"> </span>loro <span class=\"_ _e\"> </span>iscrizione <span class=\"_ _e\"> </span>avv<span class=\"_ _0\"></span>iene <span class=\"_ _5\"> </span>al costo <span class=\"_ _f\"> </span>stor<span class=\"_ _0\"></span>ico <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>vie<span class=\"_ _0\"></span>ne <span class=\"_ _f\"> </span>ammort<span class=\"_ _0\"></span>izzato <span class=\"_ _f\"> </span>sulla <span class=\"_ _f\"> </span>b<span class=\"_ _0\"></span>ase <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>ita <span class=\"_ _f\"> </span>ut<span class=\"_ _0\"></span>ile,<span class=\"ff2 fc0\"> <span class=\"_ _f\"> </span></span>defi<span class=\"_ _0\"></span>nita <span class=\"_ _f\"> </span>mediamen<span class=\"_ _0\"></span>te <span class=\"_ _f\"> </span>in<span class=\"_ _0\"></span> cinque anni. Gli <span class=\"_ _d\"></span>avviament<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mmerciali<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferiscon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>l\u2019acquisizione <span class=\"_ _5\"></span>onerosa <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>dir<span class=\"_ _0\"></span>itti <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>l\u2019eser<span class=\"_ _0\"></span>cizio <span class=\"_ _d\"></span>di attivit\u00e0 <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>merciali <span class=\"_\"> </span>a<span class=\"_ _2\"></span>venti <span class=\"_\"> </span>vita <span class=\"_ _1\"> </span>utile <span class=\"_\"> </span>in<span class=\"_ _2\"></span>definit<span class=\"_ _0\"></span>a, <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>val<span class=\"_ _0\"></span>ore <span class=\"_ _1\"> </span>non <span class=\"_\"> </span>viene <span class=\"_ _1\"> </span>pi\u00f9 <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>istematicamente ammortizzato, <span class=\"_ _b\"> </span>ma <span class=\"_ _b\"> </span>as<span class=\"_ _0\"></span>soggettato <span class=\"_ _b\"> </span>ad <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>ver<span class=\"_ _0\"></span>ifica <span class=\"_ _b\"> </span>periodica <span class=\"_ _b\"> </span>ai <span class=\"_ _b\"> </span>fini <span class=\"_ _b\"> </span>dell\u2019ident<span class=\"_ _0\"></span>ificaz<span class=\"_ _0\"></span>ione <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i eventuali per<span class=\"_ _0\"></span>dite di valore.<span class=\"_ _0\"></span> Di <span class=\"_\"> </span>conseguenza, <span class=\"_\"> </span>al <span class=\"_\"> </span>31 <span class=\"_\"> </span>d<span class=\"_ _2\"></span>icembre <span class=\"_\"> </span>2022 <span class=\"_\"> </span>il <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_\"> </span>provveduto <span class=\"_\"> </span>a <span class=\"_\"> </span>t<span class=\"_ _2\"></span>estare <span class=\"_\"> </span>se <span class=\"_\"> </span>il <span class=\"_\"> </span>valore contabile <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>Key <span class=\"_ _3\"></span>money <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>nuova <span class=\"_ _3\"></span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _3\"></span>Descamps <span class=\"_ _3\"></span>S.A.<span class=\"_ _0\"></span>S., <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>7.856 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di Euro, <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>subito <span class=\"_ _3\"></span>una<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>riduzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alore. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>recuper<span class=\"_ _0\"></span>abile <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>determi<span class=\"_ _0\"></span>nato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _3\"></span>dei calcoli <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso. <span class=\"_ _e\"> </span>L<span class=\"_ _0\"></span>\u2019impiego <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>questo <span class=\"_ _e\"> </span>metodo <span class=\"_ _f\"> </span>richiede <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>stima <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>flus<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>cas<span class=\"_ _0\"></span>sa futuri <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"> </span>tass<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>attualizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>calco<span class=\"_ _0\"></span>lare <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>at<span class=\"_ _0\"></span>tuale <span class=\"_ _5\"></span>dei flussi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>cas<span class=\"_ _0\"></span>sa. <span class=\"_ _e\"> </span>Per <span class=\"_ _e\"> </span>valutar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _e\"> </span>singole <span class=\"_ _e\"> </span>CGU<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>(31 <span class=\"_ _e\"> </span>punti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>vendita)<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stato utilizzato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>attualizzazione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>9% <span class=\"_ _3\"></span>WACC <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>icavato <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>fonti <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nternazional<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>Aswath Damodaran). <span class=\"_ _f\"> </span>I <span class=\"_ _e\"> </span>valor<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>rec<span class=\"_ _0\"></span>uperabili <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>tutte <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>CGU <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cui <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>opra <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _e\"> </span>sta<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>eterminati <span class=\"_ _f\"> </span>dai calcoli d<span class=\"_ _0\"></span>el val<span class=\"_ _0\"></span>ore d\u2019<span class=\"_ _0\"></span>uso su<span class=\"_ _0\"></span>lla bas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>elle proi<span class=\"_ _0\"></span>ezioni d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>flussi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span>ricavate <span class=\"_ _0\"></span>dai <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>per un <span class=\"_\"> </span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>cinque <span class=\"_ _a\"> </span>anni <span class=\"_ _a\"> </span>fino <span class=\"_\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_\"> </span>31 <span class=\"_ _a\"> </span>dicembre <span class=\"_ _a\"> </span>2027. <span class=\"_ _a\"> </span>Tra <span class=\"_\"> </span>le <span class=\"_ _a\"> </span>altre <span class=\"_ _a\"> </span>ipotesi <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_ _a\"> </span>si evidenzia <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _3\"></span>utilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cresc<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>prudenziale <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u20191%, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>assunto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i COGS c<span class=\"_ _0\"></span>rescano <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>linea c<span class=\"_ _0\"></span>on i <span class=\"_ _0\"></span>ricavi, <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> il c<span class=\"_ _0\"></span>osto de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>personale <span class=\"_ _0\"></span>dipendent<span class=\"_ _0\"></span>e e <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>affitti <span class=\"_ _0\"></span>non abbiano variaz<span class=\"_ _0\"></span>ioni rispetto al 2<span class=\"_ _0\"></span>022. Tenuto <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>recuperabile <span class=\"_ _d\"></span>della <span class=\"_ _3\"></span>CGU<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>(3<span class=\"_ _0\"></span>3.540 <span class=\"_ _3\"></span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro)<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>uperiore <span class=\"_ _3\"></span>al valore <span class=\"_ _d\"></span>contabile <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>essa <span class=\"_ _d\"></span>(7.856 <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>Euro) <span class=\"_ _d\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ileva <span class=\"_ _3\"></span>alc<span class=\"_ _0\"></span>una <span class=\"_ _d\"></span>perdita<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lore sui key money all<span class=\"_ _0\"></span>a data del <span class=\"_ _0\"></span>31 dicembre 2<span class=\"_ _0\"></span>022. Nella <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>\u201c<span class=\"_ _0\"></span>Altre\u201d <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>compresi <span class=\"_ _e\"> </span>gli <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>mporti <span class=\"_ _5\"></span>pa<span class=\"_ _0\"></span>gati <span class=\"_ _5\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>l\u2019acquisizione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"></span>ag<span class=\"_ _0\"></span>li esercizi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>dita, <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>urata <span class=\"_ _3\"></span>predefinita; <span class=\"_ _d\"></span>detti <span class=\"_ _3\"></span>impor<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>mmortizzati <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>base alla <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>urata <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>contratto. <span class=\"_ _e\"> </span>Sono <span class=\"_ _e\"> </span>comprese <span class=\"_ _e\"> </span>inoltre <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>immobilizzazio<span class=\"_ _0\"></span>ni <span class=\"_ _e\"> </span>materiali <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>elative <span class=\"_ _e\"> </span>alla creazione di nu<span class=\"_ _0\"></span>ovi modelli <span class=\"_ _0\"></span>di business, tr<span class=\"_ _0\"></span>a i quali la piattaf<span class=\"_ _0\"></span>orma e-comm<span class=\"_ _0\"></span>erce. Le <span class=\"_ _d\"></span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>cor<span class=\"_ _0\"></span>so <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferisc<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _d\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>realizz<span class=\"_ _0\"></span>azione <span class=\"_ _d\"></span>dell\u2019upgrad<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>e all\u2019implementaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>del <span class=\"_\"> </span>si<span class=\"_ _0\"></span>stema <span class=\"_\"> </span>informat<span class=\"_ _0\"></span>ico <span class=\"_\"> </span>util<span class=\"_ _0\"></span>izzato <span class=\"_\"> </span>dal <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_\"> </span>e <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ai <span class=\"_\"> </span>progetti <span class=\"_\"> </span>per<span class=\"_ _0\"></span> <span class=\"_\"> </span>la creazione di nu<span class=\"_ _0\"></span>ovi modelli <span class=\"_ _0\"></span>di business. Si <span class=\"_\"> </span>fornisce <span class=\"_\"> </span>inoltre<span class=\"_ _0\"></span> <span class=\"_\"> </span>qui <span class=\"_\"> </span>di <span class=\"_\"> </span>seguito <span class=\"_\"> </span>l\u2019analisi <span class=\"_\"> </span>dei <span class=\"_\"> </span>movi<span class=\"_ _0\"></span>menti <span class=\"_\"> </span>delle <span class=\"_\"> </span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>e <span class=\"_\"> </span>degli ammortament<span class=\"_ _0\"></span>i accumulati i<span class=\"_ _0\"></span>ntervenuti nel c<span class=\"_ _0\"></span>orso dell\u2019es<span class=\"_ _0\"></span>ercizio: Ammort<span class=\"_ _0\"></span>amenti Valore lo<span class=\"_ _0\"></span>rdoaccumul<span class=\"_ _0\"></span>ati e Valore ne<span class=\"_ _0\"></span>tto(in migliaia di Euro)svalutazioniSaldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>202.6695892.080Increment<span class=\"_ _0\"></span>i (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2021:per acqu<span class=\"_ _0\"></span>isti312-312per ammort<span class=\"_ _0\"></span>amenti-303(303)per vendite e<span class=\"_ _0\"></span>d elimi<span class=\"_ _0\"></span>nazioni(115)(115)-per ricl<span class=\"_ _0\"></span>assifich<span class=\"_ _0\"></span>e---per differen<span class=\"_ _0\"></span>ze di con<span class=\"_ _0\"></span>versione e al<span class=\"_ _0\"></span>tre min<span class=\"_ _0\"></span>ori3<span class=\"_ _170\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>2<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>      <span class=\"_ _ec\"> </span>1<span class=\"_ _172\"></span>        <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>  Saldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>212.8697792.090Increment<span class=\"_ _0\"></span>i (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2022:per acqu<span class=\"_ _0\"></span>isti697-697per appor<span class=\"_ _0\"></span>ti nuova cont<span class=\"_ _0\"></span>rollata15.4762.75812.718per ammort<span class=\"_ _0\"></span>amenti-513(513)per vendite e<span class=\"_ _0\"></span>d elimi<span class=\"_ _0\"></span>nazioni(231)(231)-per ricl<span class=\"_ _0\"></span>assifich<span class=\"_ _0\"></span>e(33)-(33)per differen<span class=\"_ _0\"></span>ze di con<span class=\"_ _0\"></span>versione e al<span class=\"_ _0\"></span>tre min<span class=\"_ _0\"></span>ori2<span class=\"_ _170\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>         <span class=\"_ _15a\"> </span>-<span class=\"_ _174\"></span>          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>   <span class=\"_ _c1\"> </span>2<span class=\"_ _172\"></span>               <span class=\"_ _0\"></span>      Saldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>2218.7803.81914.961Gli <span class=\"_ _1\"> </span>investim<span class=\"_ _0\"></span>enti <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _1\"> </span>immateriali <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_\"> </span>2022, <span class=\"_ _1\"> </span>compless<span class=\"_ _0\"></span>ivamente <span class=\"_ _1\"> </span>pari <span class=\"_\"> </span>a <span class=\"_ _f\"> </span>697<span class=\"_ _0\"></span> migliaia <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Euro, <span class=\"_ _f\"> </span>sono <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>spese <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>iferite <span class=\"_ _f\"> </span>ai <span class=\"_ _f\"> </span>sistemi <span class=\"_ _f\"> </span>informativi <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>lo <span class=\"_ _f\"> </span>sviluppo <span class=\"_ _f\"> </span>della<span class=\"_ _0\"></span> nuova <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pp <span class=\"_ _3\"></span>w<span class=\"_ _0\"></span>holesale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>altre <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>89 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _d\"></span>allo <span class=\"_ _d\"></span>svilup<span class=\"_ _0\"></span>po <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el nuovo <span class=\"_ _3\"></span>sistema <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormatico <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1<span class=\"_ _0\"></span>68 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>definizione <span class=\"_ _d\"></span>e sviluppo <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>nuovo <span class=\"_ _5\"></span>modello <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ncept <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ore <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>53 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro<span class=\"_ _0\"></span>. <span class=\"_ _d\"></span>Sono <span class=\"_ _5\"></span>comprese <span class=\"_ _5\"></span>287 migliaia d<span class=\"_ _0\"></span>i Euro <span class=\"_ _0\"></span>riferite <span class=\"_ _0\"></span>all\u2019a<span class=\"_ _0\"></span>pertura <span class=\"_ _0\"></span>di un n<span class=\"_ _0\"></span>uovo <span class=\"_ _0\"></span>negozio <span class=\"_ _0\"></span>sito in <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>Venezia <span class=\"_ _0\"></span>a M<span class=\"_ _0\"></span>ilano, che,<span class=\"_ _0\"></span> oltre <span class=\"_ _e\"> </span>ai <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>odotti <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>ommercializza <span class=\"_ _e\"> </span>anche <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>rticoli <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>brand <span class=\"_ _e\"> </span>Hypsi, <span class=\"_ _e\"> </span>effettuata<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lla Capogruppo. <span class=\"_ _0\"></span> La <span class=\"_ _d\"></span>voce <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>vendite <span class=\"_ _d\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>eliminaz<span class=\"_ _0\"></span>ioni\u201d <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>costituita <span class=\"_ _5\"></span>dall\u2019eliminazi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ori <span class=\"_ _d\"></span>lordi <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>elativi ammortament<span class=\"_ _0\"></span>i dei beni che<span class=\"_ _0\"></span> hanno raggiunto<span class=\"_ _0\"></span> il complet<span class=\"_ _0\"></span>amento dell\u2019<span class=\"_ _0\"></span>ammortamento<span class=\"_ _0\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__75": {
   "value": "Nota 17 ATTIVITA\u2019 IMMATERIALI<span class=\"fc5\"> </span>La <span class=\"_ _1\"> </span>composizi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>delle <span class=\"_\"> </span>attivit\u00e0 <span class=\"_ _1\"> </span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>relativi <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>mmortament<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>accumu<span class=\"_ _0\"></span>lati <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>31 dicembre 2022 e 2<span class=\"_ _0\"></span>021 \u00e8 la <span class=\"_ _0\"></span>seguente: 31.12.2<span class=\"_ _0\"></span>02231.12.2<span class=\"_ _0\"></span>021Fondo Valori lordiValori ne<span class=\"_ _0\"></span>tti<span class=\"_ _6d\"> </span>Valori nett<span class=\"_ _0\"></span>i(in migliaia di Eu<span class=\"_ _0\"></span>ro)ammortame<span class=\"_ _0\"></span>ntoDiritti di<span class=\"_ _0\"></span> brevetto indus<span class=\"_ _0\"></span>triale <span class=\"_ _0\"></span>e diritti di utilizzazione d<span class=\"_ _0\"></span>i opere del<span class=\"_ _0\"></span>l'ingegno2.849<span class=\"_ _173\"></span>            <span class=\"_ _0\"></span>          <span class=\"_ _e5\"> </span>2.59<span class=\"_ _0\"></span>8<span class=\"_ _174\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _58\"> </span>251<span class=\"_ _135\"></span>      <span class=\"_ _0\"></span>           <span class=\"_ _175\"> </span>115<span class=\"_ _135\"></span>                 Concessi<span class=\"_ _0\"></span>oni, li<span class=\"_ _0\"></span>cenze, marchi5.0475954.45211Avviamenti c<span class=\"_ _0\"></span>ommercial<span class=\"_ _0\"></span>i7.856-7.856-Immobi<span class=\"_ _0\"></span>lizzazioni in cors<span class=\"_ _0\"></span>o e acc<span class=\"_ _0\"></span>onti557-557509Altre2.4716261.8451.45518.7803.81914.9612.090I \u201cDiritti di <span class=\"_ _0\"></span>brevett<span class=\"_ _0\"></span>o industri<span class=\"_ _0\"></span>ale e <span class=\"_ _0\"></span>diritti <span class=\"_ _0\"></span>di utilizzaz<span class=\"_ _0\"></span>ione delle o<span class=\"_ _0\"></span>pere del<span class=\"_ _0\"></span>l\u2019ingegno\u201d <span class=\"_ _0\"></span>comprendono in <span class=\"_ _5\"></span>pr<span class=\"_ _0\"></span>evalenza <span class=\"_ _e\"> </span>acquisti <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>software <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>elaboratori <span class=\"_ _e\"> </span>ele<span class=\"_ _0\"></span>ttronici. <span class=\"_ _e\"> </span>La <span class=\"_ _e\"> </span>loro <span class=\"_ _e\"> </span>iscrizione <span class=\"_ _e\"> </span>avv<span class=\"_ _0\"></span>iene <span class=\"_ _5\"> </span>al costo <span class=\"_ _f\"> </span>stor<span class=\"_ _0\"></span>ico <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>vie<span class=\"_ _0\"></span>ne <span class=\"_ _f\"> </span>ammort<span class=\"_ _0\"></span>izzato <span class=\"_ _f\"> </span>sulla <span class=\"_ _f\"> </span>b<span class=\"_ _0\"></span>ase <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>v<span class=\"_ _0\"></span>ita <span class=\"_ _f\"> </span>ut<span class=\"_ _0\"></span>ile,<span class=\"ff2 fc0\"> <span class=\"_ _f\"> </span></span>defi<span class=\"_ _0\"></span>nita <span class=\"_ _f\"> </span>mediamen<span class=\"_ _0\"></span>te <span class=\"_ _f\"> </span>in<span class=\"_ _0\"></span> cinque anni. Gli <span class=\"_ _d\"></span>avviament<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mmerciali<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferiscon<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>l\u2019acquisizione <span class=\"_ _5\"></span>onerosa <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>dir<span class=\"_ _0\"></span>itti <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>l\u2019eser<span class=\"_ _0\"></span>cizio <span class=\"_ _d\"></span>di attivit\u00e0 <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>merciali <span class=\"_\"> </span>a<span class=\"_ _2\"></span>venti <span class=\"_\"> </span>vita <span class=\"_ _1\"> </span>utile <span class=\"_\"> </span>in<span class=\"_ _2\"></span>definit<span class=\"_ _0\"></span>a, <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>val<span class=\"_ _0\"></span>ore <span class=\"_ _1\"> </span>non <span class=\"_\"> </span>viene <span class=\"_ _1\"> </span>pi\u00f9 <span class=\"_ _1\"> </span>s<span class=\"_ _0\"></span>istematicamente ammortizzato, <span class=\"_ _b\"> </span>ma <span class=\"_ _b\"> </span>as<span class=\"_ _0\"></span>soggettato <span class=\"_ _b\"> </span>ad <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>ver<span class=\"_ _0\"></span>ifica <span class=\"_ _b\"> </span>periodica <span class=\"_ _b\"> </span>ai <span class=\"_ _b\"> </span>fini <span class=\"_ _b\"> </span>dell\u2019ident<span class=\"_ _0\"></span>ificaz<span class=\"_ _0\"></span>ione <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i eventuali per<span class=\"_ _0\"></span>dite di valore.<span class=\"_ _0\"></span> Di <span class=\"_\"> </span>conseguenza, <span class=\"_\"> </span>al <span class=\"_\"> </span>31 <span class=\"_\"> </span>d<span class=\"_ _2\"></span>icembre <span class=\"_\"> </span>2022 <span class=\"_\"> </span>il <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_\"> </span>provveduto <span class=\"_\"> </span>a <span class=\"_\"> </span>t<span class=\"_ _2\"></span>estare <span class=\"_\"> </span>se <span class=\"_\"> </span>il <span class=\"_\"> </span>valore contabile <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>Key <span class=\"_ _3\"></span>money <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>nuova <span class=\"_ _3\"></span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _3\"></span>Descamps <span class=\"_ _3\"></span>S.A.<span class=\"_ _0\"></span>S., <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>7.856 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di Euro, <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>subito <span class=\"_ _3\"></span>una<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>riduzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>alore. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>recuper<span class=\"_ _0\"></span>abile <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>determi<span class=\"_ _0\"></span>nato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ase <span class=\"_ _3\"></span>dei calcoli <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso. <span class=\"_ _e\"> </span>L<span class=\"_ _0\"></span>\u2019impiego <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>questo <span class=\"_ _e\"> </span>metodo <span class=\"_ _f\"> </span>richiede <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>stima <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>flus<span class=\"_ _0\"></span>si <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>cas<span class=\"_ _0\"></span>sa futuri <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>determinaz<span class=\"_ _0\"></span>ione <span class=\"_ _5\"> </span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"> </span>tass<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>attualizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>calco<span class=\"_ _0\"></span>lare <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>valore <span class=\"_ _5\"> </span>at<span class=\"_ _0\"></span>tuale <span class=\"_ _5\"></span>dei flussi <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>cas<span class=\"_ _0\"></span>sa. <span class=\"_ _e\"> </span>Per <span class=\"_ _e\"> </span>valutar<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>il <span class=\"_ _f\"> </span>valore <span class=\"_ _e\"> </span>d\u2019uso <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _e\"> </span>singole <span class=\"_ _e\"> </span>CGU<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>(31 <span class=\"_ _e\"> </span>punti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>vendita)<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>stato utilizzato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>attualizzazione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>9% <span class=\"_ _3\"></span>WACC <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>icavato <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>fonti <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nternazional<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>Aswath Damodaran). <span class=\"_ _f\"> </span>I <span class=\"_ _e\"> </span>valor<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>rec<span class=\"_ _0\"></span>uperabili <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>tutte <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>CGU <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>cui <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>opra <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _e\"> </span>sta<span class=\"_ _0\"></span>ti <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>eterminati <span class=\"_ _f\"> </span>dai calcoli d<span class=\"_ _0\"></span>el val<span class=\"_ _0\"></span>ore d\u2019<span class=\"_ _0\"></span>uso su<span class=\"_ _0\"></span>lla bas<span class=\"_ _0\"></span>e d<span class=\"_ _0\"></span>elle proi<span class=\"_ _0\"></span>ezioni d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>flussi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span>ricavate <span class=\"_ _0\"></span>dai <span class=\"_ _0\"></span>budget <span class=\"_ _0\"></span>per un <span class=\"_\"> </span>per<span class=\"_ _0\"></span>iodo <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>cinque <span class=\"_ _a\"> </span>anni <span class=\"_ _a\"> </span>fino <span class=\"_\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_\"> </span>31 <span class=\"_ _a\"> </span>dicembre <span class=\"_ _a\"> </span>2027. <span class=\"_ _a\"> </span>Tra <span class=\"_\"> </span>le <span class=\"_ _a\"> </span>altre <span class=\"_ _a\"> </span>ipotesi <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_ _a\"> </span>si evidenzia <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _3\"></span>utilizz<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cresc<span class=\"_ _0\"></span>ita <span class=\"_ _3\"></span>prudenziale <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u20191%, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>assunto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i COGS c<span class=\"_ _0\"></span>rescano <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>linea c<span class=\"_ _0\"></span>on i <span class=\"_ _0\"></span>ricavi, <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> il c<span class=\"_ _0\"></span>osto de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>personale <span class=\"_ _0\"></span>dipendent<span class=\"_ _0\"></span>e e <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>affitti <span class=\"_ _0\"></span>non abbiano variaz<span class=\"_ _0\"></span>ioni rispetto al 2<span class=\"_ _0\"></span>022. Tenuto <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>recuperabile <span class=\"_ _d\"></span>della <span class=\"_ _3\"></span>CGU<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>(3<span class=\"_ _0\"></span>3.540 <span class=\"_ _3\"></span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro)<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>uperiore <span class=\"_ _3\"></span>al valore <span class=\"_ _d\"></span>contabile <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>essa <span class=\"_ _d\"></span>(7.856 <span class=\"_ _d\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>Euro) <span class=\"_ _d\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ileva <span class=\"_ _3\"></span>alc<span class=\"_ _0\"></span>una <span class=\"_ _d\"></span>perdita<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>va<span class=\"_ _0\"></span>lore sui key money all<span class=\"_ _0\"></span>a data del <span class=\"_ _0\"></span>31 dicembre 2<span class=\"_ _0\"></span>022. Nella <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>\u201c<span class=\"_ _0\"></span>Altre\u201d <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>compresi <span class=\"_ _e\"> </span>gli <span class=\"_ _d\"></span>i<span class=\"_ _0\"></span>mporti <span class=\"_ _5\"></span>pa<span class=\"_ _0\"></span>gati <span class=\"_ _5\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>l\u2019acquisizione <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _5\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"></span>ag<span class=\"_ _0\"></span>li esercizi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>dita, <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>urata <span class=\"_ _3\"></span>predefinita; <span class=\"_ _d\"></span>detti <span class=\"_ _3\"></span>impor<span class=\"_ _0\"></span>ti <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>mmortizzati <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>base alla <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>urata <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>contratto. <span class=\"_ _e\"> </span>Sono <span class=\"_ _e\"> </span>comprese <span class=\"_ _e\"> </span>inoltre <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>immobilizzazio<span class=\"_ _0\"></span>ni <span class=\"_ _e\"> </span>materiali <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>elative <span class=\"_ _e\"> </span>alla creazione di nu<span class=\"_ _0\"></span>ovi modelli <span class=\"_ _0\"></span>di business, tr<span class=\"_ _0\"></span>a i quali la piattaf<span class=\"_ _0\"></span>orma e-comm<span class=\"_ _0\"></span>erce. Le <span class=\"_ _d\"></span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>cor<span class=\"_ _0\"></span>so <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>riferisc<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>princ<span class=\"_ _0\"></span>ipalmente <span class=\"_ _d\"></span>all<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>realizz<span class=\"_ _0\"></span>azione <span class=\"_ _d\"></span>dell\u2019upgrad<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>e all\u2019implementaz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>del <span class=\"_\"> </span>si<span class=\"_ _0\"></span>stema <span class=\"_\"> </span>informat<span class=\"_ _0\"></span>ico <span class=\"_\"> </span>util<span class=\"_ _0\"></span>izzato <span class=\"_\"> </span>dal <span class=\"_\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_\"> </span>e <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ai <span class=\"_\"> </span>progetti <span class=\"_\"> </span>per<span class=\"_ _0\"></span> <span class=\"_\"> </span>la creazione di nu<span class=\"_ _0\"></span>ovi modelli <span class=\"_ _0\"></span>di business. Si <span class=\"_\"> </span>fornisce <span class=\"_\"> </span>inoltre<span class=\"_ _0\"></span> <span class=\"_\"> </span>qui <span class=\"_\"> </span>di <span class=\"_\"> </span>seguito <span class=\"_\"> </span>l\u2019analisi <span class=\"_\"> </span>dei <span class=\"_\"> </span>movi<span class=\"_ _0\"></span>menti <span class=\"_\"> </span>delle <span class=\"_\"> </span>immobilizz<span class=\"_ _0\"></span>azioni <span class=\"_\"> </span>e <span class=\"_\"> </span>degli ammortament<span class=\"_ _0\"></span>i accumulati i<span class=\"_ _0\"></span>ntervenuti nel c<span class=\"_ _0\"></span>orso dell\u2019es<span class=\"_ _0\"></span>ercizio: Ammort<span class=\"_ _0\"></span>amenti Valore lo<span class=\"_ _0\"></span>rdoaccumul<span class=\"_ _0\"></span>ati e Valore ne<span class=\"_ _0\"></span>tto(in migliaia di Euro)svalutazioniSaldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>202.6695892.080Increment<span class=\"_ _0\"></span>i (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2021:per acqu<span class=\"_ _0\"></span>isti312-312per ammort<span class=\"_ _0\"></span>amenti-303(303)per vendite e<span class=\"_ _0\"></span>d elimi<span class=\"_ _0\"></span>nazioni(115)(115)-per ricl<span class=\"_ _0\"></span>assifich<span class=\"_ _0\"></span>e---per differen<span class=\"_ _0\"></span>ze di con<span class=\"_ _0\"></span>versione e al<span class=\"_ _0\"></span>tre min<span class=\"_ _0\"></span>ori3<span class=\"_ _170\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>         <span class=\"_ _c8\"> </span>2<span class=\"_ _171\"></span>          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>      <span class=\"_ _ec\"> </span>1<span class=\"_ _172\"></span>        <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>  Saldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>212.8697792.090Increment<span class=\"_ _0\"></span>i (decreme<span class=\"_ _0\"></span>nti) dell<span class=\"_ _0\"></span>'esercizio <span class=\"_ _0\"></span>2022:per acqu<span class=\"_ _0\"></span>isti697-697per appor<span class=\"_ _0\"></span>ti nuova cont<span class=\"_ _0\"></span>rollata15.4762.75812.718per ammort<span class=\"_ _0\"></span>amenti-513(513)per vendite e<span class=\"_ _0\"></span>d elimi<span class=\"_ _0\"></span>nazioni(231)(231)-per ricl<span class=\"_ _0\"></span>assifich<span class=\"_ _0\"></span>e(33)-(33)per differen<span class=\"_ _0\"></span>ze di con<span class=\"_ _0\"></span>versione e al<span class=\"_ _0\"></span>tre min<span class=\"_ _0\"></span>ori2<span class=\"_ _170\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>         <span class=\"_ _15a\"> </span>-<span class=\"_ _174\"></span>          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>   <span class=\"_ _c1\"> </span>2<span class=\"_ _172\"></span>               <span class=\"_ _0\"></span>      Saldi al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>2218.7803.81914.961Gli <span class=\"_ _1\"> </span>investim<span class=\"_ _0\"></span>enti <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _1\"> </span>immateriali <span class=\"_ _1\"> </span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_\"> </span>2022, <span class=\"_ _1\"> </span>compless<span class=\"_ _0\"></span>ivamente <span class=\"_ _1\"> </span>pari <span class=\"_\"> </span>a <span class=\"_ _f\"> </span>697<span class=\"_ _0\"></span> migliaia <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Euro, <span class=\"_ _f\"> </span>sono <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>spese <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>iferite <span class=\"_ _f\"> </span>ai <span class=\"_ _f\"> </span>sistemi <span class=\"_ _f\"> </span>informativi <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>lo <span class=\"_ _f\"> </span>sviluppo <span class=\"_ _f\"> </span>della<span class=\"_ _0\"></span> nuova <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>pp <span class=\"_ _3\"></span>w<span class=\"_ _0\"></span>holesale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _d\"></span>ed <span class=\"_ _3\"></span>altre <span class=\"_ _d\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>89 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _d\"></span>allo <span class=\"_ _d\"></span>svilup<span class=\"_ _0\"></span>po <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el nuovo <span class=\"_ _3\"></span>sistema <span class=\"_ _3\"></span>inf<span class=\"_ _0\"></span>ormatico <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1<span class=\"_ _0\"></span>68 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>definizione <span class=\"_ _d\"></span>e sviluppo <span class=\"_ _5\"></span>del <span class=\"_ _d\"></span>nuovo <span class=\"_ _5\"></span>modello <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ncept <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ore <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>53 <span class=\"_ _d\"></span>migliai<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro<span class=\"_ _0\"></span>. <span class=\"_ _d\"></span>Sono <span class=\"_ _5\"></span>comprese <span class=\"_ _5\"></span>287 migliaia d<span class=\"_ _0\"></span>i Euro <span class=\"_ _0\"></span>riferite <span class=\"_ _0\"></span>all\u2019a<span class=\"_ _0\"></span>pertura <span class=\"_ _0\"></span>di un n<span class=\"_ _0\"></span>uovo <span class=\"_ _0\"></span>negozio <span class=\"_ _0\"></span>sito in <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>Venezia <span class=\"_ _0\"></span>a M<span class=\"_ _0\"></span>ilano, che,<span class=\"_ _0\"></span> oltre <span class=\"_ _e\"> </span>ai <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>odotti <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>ommercializza <span class=\"_ _e\"> </span>anche <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>rticoli <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>brand <span class=\"_ _e\"> </span>Hypsi, <span class=\"_ _e\"> </span>effettuata<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lla Capogruppo. <span class=\"_ _0\"></span> La <span class=\"_ _d\"></span>voce <span class=\"_ _d\"></span>\u201c<span class=\"_ _0\"></span>vendite <span class=\"_ _d\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>eliminaz<span class=\"_ _0\"></span>ioni\u201d <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>costituita <span class=\"_ _5\"></span>dall\u2019eliminazi<span class=\"_ _0\"></span>one <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>val<span class=\"_ _0\"></span>ori <span class=\"_ _d\"></span>lordi <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>elativi ammortament<span class=\"_ _0\"></span>i dei beni che<span class=\"_ _0\"></span> hanno raggiunto<span class=\"_ _0\"></span> il complet<span class=\"_ _0\"></span>amento dell\u2019<span class=\"_ _0\"></span>ammortamento<span class=\"_ _0\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__77": {
   "value": "Nota 18 PARTECIPAZIONI <span class=\"_ _4\"> </span>IN <span class=\"_ _4\"> </span>IMPRESE <span class=\"_ _3e\"> </span>COLLE<span class=\"_ _0\"></span>GATE <span class=\"_ _4\"> </span>CONTABILIZZATE <span class=\"_ _4\"> </span>CON <span class=\"_ _4\"> </span>IL <span class=\"_ _3e\"> </span>M<span class=\"_ _0\"></span>ETODO <span class=\"_ _3e\"> </span>DEL PATRIMONIO NETTO ED ALTRE PART<span class=\"_ _0\"></span>ECIPAZIONI La <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>partec<span class=\"_ _0\"></span>ipazioni <span class=\"_ _5\"> </span>par<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>a <span class=\"_ _e\"> </span>114 <span class=\"_ _d\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"></span>(1<span class=\"_ _0\"></span>14 <span class=\"_ _5\"></span>migliaia <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _5\"></span>nel <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>21) <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>os\u00ec composta: 31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.202<span class=\"_ _0\"></span>2(in migliaia di euro)Partecipa<span class=\"_ _0\"></span>zioni in im<span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>e collega<span class=\"_ _0\"></span>te--Partecipa<span class=\"_ _0\"></span>zioni in al<span class=\"_ _0\"></span>tre im<span class=\"_ _0\"></span>prese114114Totale 114114Partecipazioni in imprese collegate Di <span class=\"_ _1\"> </span>seguito <span class=\"_ _1\"> </span>si <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>iporta <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>dettaglio <span class=\"_ _1\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _1\"> </span>partecipazioni <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _1\"> </span>collegate <span class=\"_ _1\"> </span>e <span class=\"_ _1\"> </span>l\u2019analisi <span class=\"_ _1\"> </span>sulle variazioni interv<span class=\"_ _0\"></span>enute nel c<span class=\"_ _0\"></span>orso del 20<span class=\"_ _0\"></span>22. 31.12.202131.12.20<span class=\"_ _0\"></span>22Altri incre<span class=\"_ _0\"></span>menti Quota utili<span class=\"_ _0\"></span> (perdite)% di (decrementi<span class=\"_ _0\"></span>)% di Valori<span class=\"_ _176\"> </span>Valori(in migliaia di Euro)possessopossessoIntesa<span class=\"_ _0\"></span> S.r.l.24,5----24,5----Si <span class=\"_ _3\"></span>segnal<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>inoltre <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>le <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>artecipazioni <span class=\"_ _d\"></span>detenu<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>nelle <span class=\"_ _d\"></span>societ\u00e0 <span class=\"_ _d\"></span>collegate <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>iscr<span class=\"_ _0\"></span>itte <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>il metodo <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>patrimonio <span class=\"_ _5\"></span>netto. <span class=\"_ _d\"></span>S<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _d\"></span>infine<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _d\"></span>non <span class=\"_ _5\"></span>esistono <span class=\"_ _d\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _d\"></span>p<span class=\"_ _0\"></span>otenziali <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he sorgono <span class=\"_ _b\"> </span>a <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>ausa <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>responsabilit\u00e0 <span class=\"_ _b\"> </span>so<span class=\"_ _0\"></span>lidale <span class=\"_ _b\"> </span>della <span class=\"_ _b\"> </span>partecipa<span class=\"_ _0\"></span>nte <span class=\"_ _b\"> </span>per <span class=\"_ _a\"> </span>tutt<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>o <span class=\"_ _b\"> </span>parte <span class=\"_ _b\"> </span>delle passivit\u00e0 de<span class=\"_ _0\"></span>lle collegate sopra indica<span class=\"_ _0\"></span>te.   Una sintesi <span class=\"_ _0\"></span>dell\u2019in<span class=\"_ _0\"></span>formazione <span class=\"_ _0\"></span>finanziaria <span class=\"_ _0\"></span>delle c<span class=\"_ _0\"></span>ollegate <span class=\"_ _0\"></span>\u00e8 r<span class=\"_ _0\"></span>iportata ne<span class=\"_ _0\"></span>lla Nota<span class=\"_ _0\"></span> 43 <span class=\"_ _0\"></span>del b<span class=\"_ _0\"></span>ilancio separato della Ca<span class=\"_ _0\"></span>pogruppo<span class=\"_ _0\"></span>.  Partecipazioni in altre imprese  31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _15e\"> </span>31.<span class=\"_ _0\"></span>12.202<span class=\"_ _0\"></span>2% di Valori<span class=\"_ _8c\"> </span>% di possess<span class=\"_ _0\"></span>o<span class=\"_ _a3\"> </span>Valori(in migliaia di Euro)posse<span class=\"_ _0\"></span>ssoAltre mi<span class=\"_ _0\"></span>nori-114-114114114La <span class=\"_ _1\"> </span>voce <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>riferisce <span class=\"_ _1\"> </span>pr<span class=\"_ _0\"></span>incipalmente <span class=\"_\"> </span>alla <span class=\"_ _1\"> </span>partecipazione <span class=\"_ _1\"> </span>nel<span class=\"_ _0\"></span>la <span class=\"_ _1\"> </span>societ\u00e0 <span class=\"_ _1\"> </span>Interfi<span class=\"_ _0\"></span>dicom <span class=\"_ _1\"> </span>S.Con. S.r.l. detenuta d<span class=\"_ _0\"></span>alla Cap<span class=\"_ _0\"></span>ogruppo per <span class=\"_ _0\"></span>un valore di <span class=\"_ _0\"></span>100 migliaia d<span class=\"_ _0\"></span>i Euro.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__79": {
   "value": "Nota 19 ATTIVITA\u2019 PER IMPOSTE DIFFERITE  Le <span class=\"_ _5\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>le <span class=\"_ _e\"> </span>passivit\u00e0 <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _e\"> </span>differite <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>ompensate<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _5\"> </span>esiste<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>un <span class=\"_ _5\"></span>diritto legale <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>compensa<span class=\"_ _0\"></span>re <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _e\"> </span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>orrenti <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>quan<span class=\"_ _0\"></span>do <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>impost<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span>fferite <span class=\"_ _e\"> </span>si<span class=\"_ _0\"></span> riferiscono alla <span class=\"_ _0\"></span>medesima g<span class=\"_ _0\"></span>iurisdizione fisc<span class=\"_ _0\"></span>ale. Il <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_\"> </span>imposte <span class=\"_\"> </span>differite <span class=\"_\"> </span>attive <span class=\"_\"> </span>conseguen<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_\"> </span>differenze <span class=\"_\"> </span>tempor<span class=\"_ _0\"></span>ali <span class=\"_\"> </span>che <span class=\"_\"> </span>si riverseranno <span class=\"_ _8\"> </span>negli <span class=\"_ _8\"> </span>eserciz<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fut<span class=\"_ _0\"></span>uri; <span class=\"_ _8\"> </span>tali <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>ttivit\u00e0 <span class=\"_ _8\"> </span>per <span class=\"_ _8\"> </span>imposte <span class=\"_ _8\"> </span>differite <span class=\"_ _8\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>sta<span class=\"_ _0\"></span>te <span class=\"_ _14\"> </span>iscr<span class=\"_ _0\"></span>itte considerando <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>redditi <span class=\"_ _3\"></span>impo<span class=\"_ _0\"></span>nibili <span class=\"_ _3\"></span>futuri <span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>cedenti <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mponibili <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _3\"></span>dall<span class=\"_ _0\"></span>\u2019annullamento <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i differenze tempor<span class=\"_ _0\"></span>anee imponi<span class=\"_ _0\"></span>bili esistenti. <span class=\"_ _0\"></span> Per <span class=\"_ _f\"> </span>quanto <span class=\"_ _f\"> </span>concerne <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>composizione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>della <span class=\"_ _e\"> </span>voc<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>esame <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>sua <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>ovimentaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>si rinvia <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>qu<span class=\"_ _0\"></span>anto <span class=\"_ _a\"> </span>esposto <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>Nota <span class=\"_ _a\"> </span>23 <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>commento <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>voce <span class=\"_\"> </span>\u201c<span class=\"_ _0\"></span>Passivit\u00e0 <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>imposte differite\u201d. Sezione <span class=\"_ _123\"> </span>C2 <span class=\"_ _177\"> </span>- <span class=\"_ _123\"> </span>NOTE <span class=\"_ _123\"> </span>AL <span class=\"_ _123\"> </span>PROSPETTO <span class=\"_ _177\"> </span>DELLA <span class=\"_ _123\"> </span>SITUAZIONE <span class=\"_ _177\"> </span>PATRIMONIALEFINANZIARIA CONSOLID<span class=\"_ _0\"></span>ATA PASSIVA",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__78-1": {
   "value": "Nota 19 ATTIVITA\u2019 PER IMPOSTE DIFFERITE  Le <span class=\"_ _5\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>le <span class=\"_ _e\"> </span>passivit\u00e0 <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _e\"> </span>differite <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>c<span class=\"_ _0\"></span>ompensate<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _5\"> </span>esiste<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>un <span class=\"_ _5\"></span>diritto legale <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>compensa<span class=\"_ _0\"></span>re <span class=\"_ _e\"> </span>at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>passivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _e\"> </span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>orrenti <span class=\"_ _f\"> </span>e <span class=\"_ _e\"> </span>quan<span class=\"_ _0\"></span>do <span class=\"_ _f\"> </span>le <span class=\"_ _e\"> </span>impost<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span>fferite <span class=\"_ _e\"> </span>si<span class=\"_ _0\"></span> riferiscono alla <span class=\"_ _0\"></span>medesima g<span class=\"_ _0\"></span>iurisdizione fisc<span class=\"_ _0\"></span>ale. Il <span class=\"_\"> </span>Gruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_\"> </span>imposte <span class=\"_\"> </span>differite <span class=\"_\"> </span>attive <span class=\"_\"> </span>conseguen<span class=\"_ _0\"></span>ti <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_\"> </span>differenze <span class=\"_\"> </span>tempor<span class=\"_ _0\"></span>ali <span class=\"_\"> </span>che <span class=\"_\"> </span>si riverseranno <span class=\"_ _8\"> </span>negli <span class=\"_ _8\"> </span>eserciz<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>fut<span class=\"_ _0\"></span>uri; <span class=\"_ _8\"> </span>tali <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>ttivit\u00e0 <span class=\"_ _8\"> </span>per <span class=\"_ _8\"> </span>imposte <span class=\"_ _8\"> </span>differite <span class=\"_ _8\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>sta<span class=\"_ _0\"></span>te <span class=\"_ _14\"> </span>iscr<span class=\"_ _0\"></span>itte considerando <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>redditi <span class=\"_ _3\"></span>impo<span class=\"_ _0\"></span>nibili <span class=\"_ _3\"></span>futuri <span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>cedenti <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mponibili <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _3\"></span>dall<span class=\"_ _0\"></span>\u2019annullamento <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i differenze tempor<span class=\"_ _0\"></span>anee imponi<span class=\"_ _0\"></span>bili esistenti. <span class=\"_ _0\"></span> Per <span class=\"_ _f\"> </span>quanto <span class=\"_ _f\"> </span>concerne <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>composizione<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>della <span class=\"_ _e\"> </span>voc<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>in <span class=\"_ _f\"> </span>esame <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>sua <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>ovimentaz<span class=\"_ _0\"></span>ione <span class=\"_ _f\"> </span>si rinvia <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>qu<span class=\"_ _0\"></span>anto <span class=\"_ _a\"> </span>esposto <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>Nota <span class=\"_ _a\"> </span>23 <span class=\"_ _a\"> </span>a<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>commento <span class=\"_ _a\"> </span>della <span class=\"_ _a\"> </span>voce <span class=\"_\"> </span>\u201c<span class=\"_ _0\"></span>Passivit\u00e0 <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>imposte differite\u201d. Sezione <span class=\"_ _123\"> </span>C2 <span class=\"_ _177\"> </span>- <span class=\"_ _123\"> </span>NOTE <span class=\"_ _123\"> </span>AL <span class=\"_ _123\"> </span>PROSPETTO <span class=\"_ _177\"> </span>DELLA <span class=\"_ _123\"> </span>SITUAZIONE <span class=\"_ _177\"> </span>PATRIMONIALEFINANZIARIA CONSOLID<span class=\"_ _0\"></span>ATA PASSIVANota 23 PASSIVITA\u2019 PER IMPOSTE DIFFERITE<span class=\"fs2 fc5\"> </span>Si <span class=\"_ _3\"></span>ripor<span class=\"_ _0\"></span>tano <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>passivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _d\"></span>differ<span class=\"_ _0\"></span>ite <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>loro <span class=\"_ _d\"></span>movimentaz<span class=\"_ _0\"></span>ione nel corso de<span class=\"_ _0\"></span>ll\u2019esercizio. Attivit\u00e0<span class=\"_ _a0\"> </span>Passivit\u00e0<span class=\"_ _d4\"> </span>Im<span class=\"_ _0\"></span>porto netto(in migliaia di euro)2022<span class=\"_ _1b\"> </span>20<span class=\"_ _0\"></span>21<span class=\"_ _94\"> </span>2022<span class=\"_ _cc\"> </span>2021<span class=\"_ _2b\"> </span>2<span class=\"_ _0\"></span>022<span class=\"_ _1b\"> </span>202<span class=\"_ _0\"></span>0Immobil<span class=\"_ _0\"></span>i, impia<span class=\"_ _0\"></span>nti e mac<span class=\"_ _0\"></span>chinari<span class=\"_ _17c\"> </span>258<span class=\"_ _4a\"> </span>212<span class=\"_ _cc\"> </span>(5.<span class=\"_ _0\"></span>686)<span class=\"_ _e7\"> </span>(6.408)<span class=\"_ _26\"> </span>(5.428)<span class=\"_ _e7\"> </span>(6.1<span class=\"_ _0\"></span>96)Attivit\u00e0 im<span class=\"_ _0\"></span>materiali<span class=\"_ _17d\"> </span>19<span class=\"_ _ee\"> </span>25<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _18\"> </span>19<span class=\"_ _50\"> </span>25Altre atti<span class=\"_ _0\"></span>vit\u00e0 finanziarie<span class=\"_ _118\"> </span>36<span class=\"_ _ee\"> </span>3<span class=\"_ _0\"></span>6<span class=\"_ _40\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _10a\"> </span>36<span class=\"_ _ee\"> </span>36Crediti co<span class=\"_ _0\"></span>mmercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti<span class=\"_ _c0\"> </span>1.058<span class=\"_ _6d\"> </span>1.100<span class=\"_ _d2\"> </span>-<span class=\"_ _1f\"> </span>-<span class=\"_ _4a\"> </span>1.058<span class=\"_ _6d\"> </span>1.100Rimanen<span class=\"_ _0\"></span>ze<span class=\"_ _17e\"> </span>1.166<span class=\"_ _6d\"> </span>1.152<span class=\"_ _d2\"> </span>-<span class=\"_ _53\"> </span>(73)<span class=\"_ _167\"> </span>1.166<span class=\"_ _6d\"> </span>1.079Debiti co<span class=\"_ _0\"></span>mmerciali<span class=\"_ _0\"></span> ed altri d<span class=\"_ _0\"></span>ebiti<span class=\"_ _51\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _90\"> </span>-<span class=\"_ _18\"> </span>-Benefici <span class=\"_ _0\"></span>per i di<span class=\"_ _0\"></span>pendenti<span class=\"_ _17f\"> </span>-<span class=\"_ _4a\"> </span>122<span class=\"_ _d0\"> </span>(5<span class=\"_ _0\"></span>0)<span class=\"_ _1f\"> </span>-<span class=\"_ _44\"> </span>(50)<span class=\"_ _4a\"> </span>122Fondo ris<span class=\"_ _0\"></span>chi ed on<span class=\"_ _0\"></span>eri<span class=\"_ _17f\"> </span>3<span class=\"_ _0\"></span>99<span class=\"_ _4a\"> </span>466<span class=\"_ _f9\"> </span>(2<span class=\"_ _0\"></span>5)<span class=\"_ _1f\"> </span>-<span class=\"_ _72\"> </span>374<span class=\"_ _4a\"> </span>466Altro<span class=\"_ _108\"> </span>1<span class=\"_ _1f\"> </span>-<span class=\"_ _cd\"> </span>(4)<span class=\"_ _94\"> </span>(4)<span class=\"_ _27\"> </span>(3)<span class=\"_ _94\"> </span>(4)Perdite fi<span class=\"_ _0\"></span>scali ripo<span class=\"_ _0\"></span>rtate a nuo<span class=\"_ _0\"></span>vo<span class=\"_ _15d\"> </span>945<span class=\"_ _6d\"> </span>1.052<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _72\"> </span>945<span class=\"_ _1f\"> </span>-(Attivit\u00e0)/pas<span class=\"_ _0\"></span>sivit\u00e0 per i<span class=\"_ _0\"></span>mposte dif<span class=\"_ _0\"></span>ferite<span class=\"_ _e5\"> </span>3.<span class=\"_ _0\"></span>882<span class=\"_ _6d\"> </span>4.165<span class=\"_ _47\"> </span>(5.765)<span class=\"_ _e7\"> </span>(6.48<span class=\"_ _0\"></span>5)<span class=\"_ _26\"> </span>(1.883)<span class=\"_ _e7\"> </span>(2.320)Imposte <span class=\"_ _0\"></span>differite a<span class=\"_ _0\"></span>ttive non rilevat<span class=\"_ _0\"></span>e<span class=\"_ _12e\"> </span>(2.484)<span class=\"_ _e7\"> </span>(2.092)<span class=\"_ _40\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _34\"> </span>(2.484)<span class=\"_ _e7\"> </span>(2.0<span class=\"_ _0\"></span>92)(Attivit\u00e0)/Pas<span class=\"_ _0\"></span>sivit\u00e0 per i<span class=\"_ _0\"></span>mposte dif<span class=\"_ _0\"></span>ferite nette<span class=\"_ _60\"> </span>1.<span class=\"_ _0\"></span>398<span class=\"_ _6d\"> </span>2.073<span class=\"_ _47\"> </span>(5.765)<span class=\"_ _e7\"> </span>(6.48<span class=\"_ _0\"></span>5)<span class=\"_ _26\"> </span>(4.367)<span class=\"_ _e7\"> </span>(4.412)Attivit\u00e0 per imposte differite(in migliaia di euro)Saldo Rilevate a Rilevate Saldo Rilevate Rilevate nel Saldo 31.12.20CEnel PN31.12.21a CEPN31.12.22Crediti commer<span class=\"_ _0\"></span>ciali1.258<span class=\"_ _81\"> </span>(158)-1.100<span class=\"_ _f1\"> </span>(42)-1.058Rimanenze1.194<span class=\"_ _1b\"> </span>(42)-1.152<span class=\"_ _3b\"> </span>14-1.166Fondo rischi<span class=\"_ _0\"></span> ed oneri274<span class=\"_ _3b\"> </span>192-466<span class=\"_ _f1\"> </span>(67)-399Immobili, im<span class=\"_ _0\"></span>pianti e m<span class=\"_ _0\"></span>acchin<span class=\"_ _0\"></span>ari208<span class=\"_ _50\"> </span>4-212<span class=\"_ _3b\"> </span>46-258Attivit\u00e0 immate<span class=\"_ _0\"></span>riali32<span class=\"_ _167\"> </span>(7)-25<span class=\"_ _1b\"> </span>(6)-19Altre attivit\u00e0 fin<span class=\"_ _0\"></span>anziarie36-<span class=\"_ _a6\"> </span>-36-<span class=\"_ _cf\"> </span>-36Benefici per<span class=\"_ _0\"></span> i dipendenti119<span class=\"_ _1b\"> </span>(43)<span class=\"_ _3b\"> </span>46<span class=\"_ _19\"> </span>122-(122)-Altre minori3<span class=\"_ _53\"> </span>(3)-<span class=\"_ _87\"> </span>-1-<span class=\"_ _180\"> </span>1Perdite fisca<span class=\"_ _0\"></span>li riportate a<span class=\"_ _0\"></span> nuovo <span class=\"_ _16a\"> </span>-1.052-1.052<span class=\"_ _e1\"> </span>(107)-945Attivit\u00e0 per im<span class=\"_ _0\"></span>poste dif<span class=\"_ _0\"></span>ferite non rile<span class=\"_ _0\"></span>vate (*)(2.195)<span class=\"_ _3b\"> </span>103-(2.092)<span class=\"_ _e1\"> </span>(392)-(2.484)Totale attivit\u00e0 per <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>differite9291.098462.073(553)(122)1.398Passivit\u00e0 per impost<span class=\"_ _0\"></span>e differite(in migliaia di euro)Saldo Rilevate a Rilevate Saldo Rilevate Rilevate nel Saldo 31.12.19CEnel PN31.12.20a CEPN31.12.21Immobili, im<span class=\"_ _0\"></span>pianti e m<span class=\"_ _0\"></span>acchin<span class=\"_ _0\"></span>ari(6.509)<span class=\"_ _3b\"> </span>101-(6.408)<span class=\"_ _14c\"> </span>72<span class=\"_ _0\"></span>2-(5.686)Rimanenze(740)<span class=\"_ _3b\"> </span>667-(73)<span class=\"_ _3b\"> </span>73-<span class=\"_ _86\"> </span>-Benefici a d<span class=\"_ _0\"></span>ipendenti<span class=\"_ _121\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-(50)-(50)Debiti com<span class=\"_ _0\"></span>merciali ed a<span class=\"_ _0\"></span>ltri debit<span class=\"_ _0\"></span>i<span class=\"_ _152\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _181\"> </span>-<span class=\"_ _cf\"> </span>-<span class=\"_ _86\"> </span>-Fondo rischi<span class=\"_ _0\"></span> ed oneri<span class=\"_ _182\"> </span>-<span class=\"_ _82\"> </span>-<span class=\"_ _181\"> </span>-<span class=\"_ _14e\"> </span>-(25)-(25)Altre minori<span class=\"_ _176\"> </span>-(4)-(4)-<span class=\"_ _cf\"> </span>-(4)Passivit\u00e0 per i<span class=\"_ _0\"></span>mposte di<span class=\"_ _0\"></span>fferite non ri<span class=\"_ _0\"></span>levate<span class=\"_ _9d\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _40\"> </span>-<span class=\"_ _86\"> </span>-Totale pass<span class=\"_ _0\"></span>ivit\u00e0 per im<span class=\"_ _0\"></span>poste dif<span class=\"_ _0\"></span>ferite(7.249)764-(6.485)720-(5.765)Attivit\u00e0/Passivit\u00e0 per imposte diff<span class=\"_ _0\"></span>erite nette(6.320)<span class=\"_ _17\"> </span>1.862<span class=\"_ _a9\"> </span>46<span class=\"_ _3b\"> </span>(<span class=\"_ _0\"></span>4.412)167<span class=\"_ _8c\"> </span>(122)(4.367)(*) escluso il valore delle perdite fiscali riportate a nuovo del GruppoNon <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>stat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _5\"></span>sulle <span class=\"_ _5\"></span>riserve <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>u<span class=\"_ _0\"></span>tili <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>istribuiti <span class=\"_ _5\"></span>dalle <span class=\"_ _5\"></span>controllate, dal <span class=\"_ _3\"></span>momento <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>ruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>control<span class=\"_ _0\"></span>lare <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>tempistiche<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>dett<span class=\"_ _0\"></span>e riserve ed \u00e8 prob<span class=\"_ _0\"></span>abile che <span class=\"_ _0\"></span>non siano distr<span class=\"_ _0\"></span>ibuite nel prev<span class=\"_ _0\"></span>edibile futuro.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__82": {
   "value": "Nota 20 DEBITI VERSO BANCHE E ALTRI FINANZIATORI<span class=\"fs2 fc1\"> </span>31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)CorrenteDebiti vers<span class=\"_ _0\"></span>o banche4.641862Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori447-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease7.7766.69312.86<span class=\"_ _0\"></span>47.555Non correnteDebiti vers<span class=\"_ _0\"></span>o banche16.23<span class=\"_ _0\"></span>917.333Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori206-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease28.66<span class=\"_ _0\"></span>423.69945.10<span class=\"_ _0\"></span>941.032Totale 57.97<span class=\"_ _0\"></span>348.587In <span class=\"_ _3\"></span>data <span class=\"_ _d\"></span>17 <span class=\"_ _d\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _d\"></span>ha <span class=\"_ _3\"></span>sott<span class=\"_ _0\"></span>oscritto <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _178\"> </span>interamente <span class=\"_ _6a\"> </span>er<span class=\"_ _0\"></span>ogato <span class=\"_ _6a\"> </span>s<span class=\"_ _0\"></span>u <span class=\"_ _178\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _6a\"> </span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _178\"> </span>dedicato: <span class=\"_ _6a\"> </span>(<span class=\"_ _0\"></span>i)\u00e8 <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _5\"></span>utilizzat<span class=\"_ _0\"></span>o, <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>importo <span class=\"_ _e\"> </span>pari <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>4.357 <span class=\"_ _5\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro, <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fine <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ri<span class=\"_ _0\"></span>mborsare <span class=\"_ _5\"></span>unaquota <span class=\"_ _5\"></span>parte <span class=\"_ _5\"></span>dell\u2019i<span class=\"_ _0\"></span>ndebitamento <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _d\"></span>Ca<span class=\"_ _0\"></span>pogruppo, <span class=\"_ _5\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data, <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>DeA Capital <span class=\"_ _3\"></span>Alternative <span class=\"_ _3\"></span>Funds <span class=\"_ _3\"></span>SGR <span class=\"_ _3\"></span>S.A. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _3\"></span>(ii) <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>parte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>3.64<span class=\"_ _0\"></span>3 migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>\u00e8 stata <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>lizzata per <span class=\"_ _0\"></span>il pa<span class=\"_ _0\"></span>gamento di <span class=\"_ _0\"></span>salari e <span class=\"_ _0\"></span>stipe<span class=\"_ _0\"></span>ndi <span class=\"_ _0\"></span>nel corso dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _b\"> </span>finanziamento <span class=\"_ _14\"> </span>prevede <span class=\"_ _14\"> </span>il <span class=\"_ _b\"> </span>rimborso <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>tri<span class=\"_ _0\"></span>mestrali, <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omprensive <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _0\"></span>maggiorato de<span class=\"_ _0\"></span>l 3,25%<span class=\"_ _0\"></span> annuo, a<span class=\"_ _0\"></span> quota c<span class=\"_ _0\"></span>apitale c<span class=\"_ _0\"></span>ostante <span class=\"_ _0\"></span>a partire <span class=\"_ _0\"></span>dal 31 <span class=\"_ _0\"></span>dicembre 2022 <span class=\"_ _0\"></span>(inc<span class=\"_ _0\"></span>luso) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sino <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _3\"></span>finale <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>30 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ettembre <span class=\"_ _3\"></span>2027. <span class=\"_ _0\"></span>Si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>segnal<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>le rate <span class=\"_ _3\"></span>scadute <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>arzo <span class=\"_ _3\"></span>2023 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>golarmente <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imborsate per <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>impor<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>rispettivamente <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>1.101 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>comprens<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>201 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di Euro <span class=\"_\"> </span>per <span class=\"_ _a\"> </span>interessi <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>1<span class=\"_ _2\"></span>.236 <span class=\"_ _a\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro, <span class=\"_ _a\"> </span>comprensivo <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>236 <span class=\"_\"> </span>migliai<span class=\"_ _0\"></span>a <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>per interessi.. <span class=\"_ _3\"></span>Al <span class=\"_ _3\"></span>fine <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>garantire <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>proprie <span class=\"_ _3\"></span>obbligazioni <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>sensi <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>finanziame<span class=\"_ _0\"></span>nto, la <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _5\"></span>h<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>conces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>un\u2019ipotec<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>primo <span class=\"_ _5\"></span>grado <span class=\"_ _e\"> </span>su <span class=\"_ _5\"></span>taluni<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>pegno <span class=\"_ _5\"></span>sul saldo <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>taluni <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>nti <span class=\"_ _f\"> </span>correnti.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>Il <span class=\"_ _f\"> </span>finanziamento<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>altres\u00ec <span class=\"_ _f\"> </span>assistit<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>garanzi<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>emessa <span class=\"_ _f\"> </span>da SACE <span class=\"_ _3\"></span>S.<span class=\"_ _0\"></span>p.A. <span class=\"_ _d\"></span>ai <span class=\"_ _3\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>Decreto-legge <span class=\"_ _d\"></span>8 <span class=\"_ _d\"></span>aprile <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>020 <span class=\"_ _d\"></span>n. <span class=\"_ _3\"></span>23 <span class=\"_ _d\"></span>(conver<span class=\"_ _0\"></span>tito, <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>modific<span class=\"_ _0\"></span>azioni, dalla <span class=\"_ _0\"></span>Legg<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>5 <span class=\"_ _0\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.U.<span class=\"_ _0\"></span>I. <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>20/1990/2I; <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Capogr<span class=\"_ _0\"></span>uppo ha <span class=\"_ _0\"></span>versato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>circa <span class=\"_ _3\"></span>132 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>titolo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>spese <span class=\"_ _3\"></span>dovute <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>SACE <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>o dal contratto.<span class=\"_ _0\"></span> Il <span class=\"_ _b\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _b\"> </span>stato <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span>scritto <span class=\"_ _b\"> </span>al <span class=\"_ _14\"> </span>costo <span class=\"_ _b\"> </span>ammortiz<span class=\"_ _0\"></span>zato, <span class=\"_ _b\"> </span>come <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evisto <span class=\"_ _b\"> </span>da<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>principi <span class=\"_ _b\"> </span>di riferimento, <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>include <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>effetto <span class=\"_ _f\"> </span>derivante <span class=\"_ _f\"> </span>dalla <span class=\"_ _f\"> </span>component<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201ctrans<span class=\"_ _0\"></span>action <span class=\"_ _f\"> </span>cost\u201d <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>un valore residuo al 31<span class=\"_ _0\"></span> dicembr<span class=\"_ _0\"></span>e 2022 di 252 mi<span class=\"_ _0\"></span>gliaia di Euro.<span class=\"_ _0\"></span> Debiti verso banc<span class=\"_ _0\"></span>he Nei <span class=\"_ _f\"> </span>debiti <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>so <span class=\"_ _f\"> </span>banc<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onfluiti <span class=\"_ _1\"> </span>gli <span class=\"_ _f\"> </span>importi <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>rivanti <span class=\"_ _f\"> </span>dal <span class=\"_ _f\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _1\"> </span>che, <span class=\"_ _f\"> </span>come sopra <span class=\"_ _f\"> </span>desc<span class=\"_ _0\"></span>ritto, <span class=\"_ _f\"> </span>prevede <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>rimborso <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>somme <span class=\"_ _1\"> </span>erogate <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>tasso <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>inter<span class=\"_ _0\"></span>esse <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>i all\u2019Euribor magg<span class=\"_ _0\"></span>iorato del 3<span class=\"_ _0\"></span>,25% ann<span class=\"_ _0\"></span>uo. Inoltre, <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>debiti <span class=\"_ _b\"> </span>vers<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ba<span class=\"_ _0\"></span>nche <span class=\"_ _b\"> </span>includono <span class=\"_ _b\"> </span>un <span class=\"_ _b\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _b\"> </span>COVID-<span class=\"_ _0\"></span>19 <span class=\"_ _b\"> </span>della <span class=\"_ _b\"> </span>controllat<span class=\"_ _0\"></span>a Bassetti <span class=\"_\"> </span>Schweiz <span class=\"_ _1\"> </span>ott<span class=\"_ _0\"></span>enuto <span class=\"_\"> </span>da <span class=\"_ _1\"> </span>Cred<span class=\"_ _0\"></span>it <span class=\"_ _1\"> </span>Suiss<span class=\"_ _0\"></span>e. <span class=\"_ _1\"> </span>I<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>fina<span class=\"_ _0\"></span>nziamento, <span class=\"_\"> </span>che <span class=\"_ _1\"> </span>ha <span class=\"_\"> </span>durata <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>8 <span class=\"_\"> </span>anni scadenti <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>30 <span class=\"_\"> </span>settembre <span class=\"_\"> </span>2027, <span class=\"_\"> </span>p<span class=\"_ _2\"></span>revede <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>42 <span class=\"_ _1\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>CHF<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_\"> </span>rate semestrali <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>partire <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>marzo <span class=\"_ _3\"></span>2022; <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>cembre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>finanzia<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>416 migliaia di CHF<span class=\"_ _0\"></span> (422 migliai<span class=\"_ _0\"></span>a di E<span class=\"_ _0\"></span>uro). I debit<span class=\"_ _0\"></span>i verso ba<span class=\"_ _0\"></span>nche compren<span class=\"_ _0\"></span>dono un finanz<span class=\"_ _0\"></span>iamento garantito <span class=\"_ _b\"> </span>dallo <span class=\"_ _b\"> </span>St<span class=\"_ _0\"></span>ato <span class=\"_ _b\"> </span>(PG<span class=\"_ _0\"></span>E), <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>4.<span class=\"_ _0\"></span>000 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>Euro, <span class=\"_ _b\"> </span>otten<span class=\"_ _0\"></span>uto <span class=\"_ _b\"> </span>dalla <span class=\"_ _14\"> </span>controllata Descamps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>da<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>banque <span class=\"_\"> </span>CIC <span class=\"_ _a\"> </span>Nord <span class=\"_ _a\"> </span>Ouest <span class=\"_\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_\"> </span>2<span class=\"_ _0\"></span>3 <span class=\"_ _a\"> </span>marzo <span class=\"_\"> </span>2020 <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>far <span class=\"_\"> </span>fronte all\u2019emergenza <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>OVID-19. <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>estito <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>prevedev<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inizialment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>rimborso<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dopo <span class=\"_ _3\"></span>un anno <span class=\"_ _3\"></span>a tasso 0% <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stato <span class=\"_ _0\"></span>riscadenz<span class=\"_ _0\"></span>iato s<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>un per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>di 5 <span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>con u<span class=\"_ _0\"></span>ltima sca<span class=\"_ _0\"></span>denza <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>luglio 2<span class=\"_ _0\"></span>026, possibilit\u00e0 <span class=\"_ _3\"></span>prevista <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tratto. <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>segna<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>lo <span class=\"_ _3\"></span>riscadenziamento <span class=\"_ _3\"></span>prevede <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>pagamento di interessi, <span class=\"_ _0\"></span>ad un <span class=\"_ _0\"></span>tasso i<span class=\"_ _0\"></span>niziale del<span class=\"_ _0\"></span>lo 0,70% <span class=\"_ _0\"></span>annuo, <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>un totale di <span class=\"_ _0\"></span>circa <span class=\"_ _0\"></span>85 mig<span class=\"_ _0\"></span>liaia di E<span class=\"_ _0\"></span>uro e <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>comm<span class=\"_ _0\"></span>issioni <span class=\"_ _e\"> </span>legate<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>garanzia <span class=\"_ _f\"> </span>PGE <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>var<span class=\"_ _0\"></span>iano <span class=\"_ _e\"> </span>dallo <span class=\"_ _e\"> </span>0,<span class=\"_ _0\"></span>5 <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>primo <span class=\"_ _e\"> </span>an<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>fino all\u20191% <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>into <span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>totale <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i circ<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>84 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro. <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022, <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>rimbors<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>412 <span class=\"_ _f\"> </span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>pari <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>3.588<span class=\"_ _0\"></span> migliaia di E<span class=\"_ _0\"></span>uro di cui 992 <span class=\"_ _0\"></span>migliaia di E<span class=\"_ _0\"></span>uro scadenti en<span class=\"_ _0\"></span>tro 1 anno. La movimentaz<span class=\"_ _0\"></span>ione nell\u2019eser<span class=\"_ _0\"></span>cizio dei deb<span class=\"_ _0\"></span>iti \u00e8 stata la <span class=\"_ _0\"></span>seguente: (in migliaia di E<span class=\"_ _0\"></span>uro)Debiti c<span class=\"_ _0\"></span>orrenti <span class=\"_ _26\"> </span>Debiti<span class=\"_ _0\"></span> non cor<span class=\"_ _0\"></span>renti Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.202186217.333Rimborso<span class=\"_ _0\"></span> finanziame<span class=\"_ _0\"></span>nto(984)(412)Apporto nu<span class=\"_ _0\"></span>ova control<span class=\"_ _0\"></span>lata9903.010Giroconto <span class=\"_ _0\"></span>da lungo <span class=\"_ _0\"></span>a bre<span class=\"_ _0\"></span>ve termine3.713(3.713)Variazione <span class=\"_ _0\"></span>linee di c<span class=\"_ _0\"></span>redit<span class=\"_ _0\"></span>o c/c1Costo am<span class=\"_ _0\"></span>mortizzato on<span class=\"_ _0\"></span>eri finanzia<span class=\"_ _0\"></span>mentoAttualizzazione<span class=\"_ _0\"></span> costo a<span class=\"_ _0\"></span>mmortizzato(2)Ammortam<span class=\"_ _0\"></span>ento cos<span class=\"_ _0\"></span>to am<span class=\"_ _0\"></span>mortizzato60Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one121Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _179\"> </span>4.641<span class=\"_ _17a\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>  <span class=\"_ _8b\"> </span>16.2<span class=\"_ _0\"></span>39<span class=\"_ _17b\"></span>      <span class=\"_ _0\"></span>             Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i I <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziatori <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _3\"></span>16<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>liquidit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>incass<span class=\"_ _0\"></span>ate <span class=\"_ _3\"></span>dalla Capogruppo <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>client<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>uti <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>factor <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>clausol<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro <span class=\"_ _3\"></span>soluto, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>mantenuto il <span class=\"_ _e\"> </span>servizio <span class=\"_ _e\"> </span>d\u2019incasso; <span class=\"_ _e\"> </span>tali <span class=\"_ _e\"> </span>provv<span class=\"_ _0\"></span>iste <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _e\"> </span>girate <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>factor <span class=\"_ _e\"> </span>nei <span class=\"_ _e\"> </span>primi <span class=\"_ _e\"> </span>giorni <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>mese <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> gennaio <span class=\"_ _d\"></span>2023. <span class=\"_ _3\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>voce <span class=\"_ _d\"></span>include <span class=\"_ _d\"></span>inoltre, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanzi<span class=\"_ _0\"></span>amento, <span class=\"_ _d\"></span>pari <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>491 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _d\"></span>della controllata <span class=\"_ _a\"> </span>Desca<span class=\"_ _0\"></span>mps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>Cofac<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>S.A. <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>lo <span class=\"_ _a\"> </span>sviluppo <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>commer<span class=\"_ _0\"></span>cio internazionale.<span class=\"_ _0\"></span> Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i per beni in L<span class=\"_ _0\"></span>ease I <span class=\"_ _0\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iatori <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>beni <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>lease <span class=\"_ _3\"></span>derivano <span class=\"_ _3\"></span>dai <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _3\"></span>di af<span class=\"_ _0\"></span>fitto <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>im<span class=\"_ _2\"></span>mob<span class=\"_ _0\"></span>ili ove <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>ubicat<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>ve<span class=\"_ _0\"></span>ndita <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>Grup<span class=\"_ _0\"></span>po, <span class=\"_ _d\"></span>dal <span class=\"_ _d\"></span>noleggi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>lungo <span class=\"_ _5\"></span>termine <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>aut<span class=\"_ _0\"></span>ovetture <span class=\"_ _d\"></span>e dal <span class=\"_ _11\"> </span>contratto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _11\"> </span>finanziar<span class=\"_ _0\"></span>io <span class=\"_ _11\"> </span>acceso <span class=\"_ _11\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _11\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _11\"> </span>per <span class=\"_ _13\"> </span>l\u2019acquisto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>un macchinario. Essi corrispon<span class=\"_ _0\"></span>dono al valor<span class=\"_ _0\"></span>e attuale dei <span class=\"_ _0\"></span>pagamenti fut<span class=\"_ _0\"></span>uri dei ca<span class=\"_ _0\"></span>noni di locazione.<span class=\"_ _0\"></span> Nella tabella sottos<span class=\"_ _0\"></span>tante v<span class=\"_ _0\"></span>iene illustrata la <span class=\"_ _0\"></span>posizione fin<span class=\"_ _0\"></span>anziaria n<span class=\"_ _0\"></span>etta del Grup<span class=\"_ _0\"></span>po. (in migliaia di E<span class=\"_ _0\"></span>uro)31.12.<span class=\"_ _0\"></span>202231.12.20<span class=\"_ _0\"></span>21ADisponib<span class=\"_ _0\"></span>ilit\u00e0 li<span class=\"_ _0\"></span>quide 16.17725.311BMezzi equivalenti a<span class=\"_ _0\"></span> disponibi<span class=\"_ _0\"></span>lit\u00e0 l<span class=\"_ _0\"></span>iquide--CAltre atti<span class=\"_ _0\"></span>vit\u00e0 finanziar<span class=\"_ _0\"></span>ie co<span class=\"_ _0\"></span>rrenti--di cui co<span class=\"_ _0\"></span>n parti correlateD= (A+B+C)Liquidit\u00e0<span class=\"_ _0\"></span> 16.17725.311EDebito fina<span class=\"_ _0\"></span>nziario corre<span class=\"_ _0\"></span>nte8.2446.713FParte corrent<span class=\"_ _0\"></span>e del debito <span class=\"_ _0\"></span>finanz. non <span class=\"_ _0\"></span>corrente4.620842Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente12.8647.555G= (E+F)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente<span class=\"_ _0\"></span> netto(3.313)(17.756)H= (G-D)IDebito fi<span class=\"_ _0\"></span>nanziario no<span class=\"_ _0\"></span>n corre<span class=\"_ _0\"></span>nte45.10941.032JStrument<span class=\"_ _0\"></span>i di debit<span class=\"_ _0\"></span>o--KDebiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali e <span class=\"_ _0\"></span>altri deb<span class=\"_ _0\"></span>iti non  c<span class=\"_ _0\"></span>orrenti4.050722L=(I+J+K)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario non <span class=\"_ _0\"></span>corrente 49.15941.754M=(H+L)Totale <span class=\"_ _0\"></span>indebitame<span class=\"_ _0\"></span>nto finanzia<span class=\"_ _0\"></span>rio 45.84623.998Al <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>garantire <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazioni <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>sensi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>stipu<span class=\"_ _0\"></span>lato con <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span>limity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncess<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pegno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo<span class=\"fs0 fc6\"> <span class=\"_ _3\"></span></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente \u201cdedicato\u201d <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>pagamenti\u201d <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>tituiti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>forza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>13 <span class=\"_ _d\"></span>ottob<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>0 <span class=\"_ _3\"></span>e che <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>entavano <span class=\"_ _0\"></span>rispett<span class=\"_ _0\"></span>ivamente <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> saldo <span class=\"_ _3\"></span>di 11<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>28 migliaia di E<span class=\"_ _0\"></span>uro. Si <span class=\"_ _3\"></span>segnala <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>liqui<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>vincolati <span class=\"_ _3\"></span>della Capogruppo <span class=\"_\"> </span>per <span class=\"_\"> </span>un <span class=\"_ _1\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>20 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>depos<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>cauzionali <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span> garanzia di fidejus<span class=\"_ _0\"></span>soni per c<span class=\"_ _0\"></span>ontratti d\u2019affitto <span class=\"_ _0\"></span>della contr<span class=\"_ _0\"></span>ollata Bassett<span class=\"_ _0\"></span>i Deutschland<span class=\"_ _0\"></span>. Il <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>corrente <span class=\"_ _e\"> </span>include <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>quota <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>breve <span class=\"_ _e\"> </span>termine <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lla Capogruppo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>3.544 <span class=\"_ _3\"></span>migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>orrente <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>COVID<span class=\"_ _0\"></span>-19 de<span class=\"_ _0\"></span>lla controllata <span class=\"_\"> </span>Bassetti <span class=\"_\"> </span>Schweiz<span class=\"_ _0\"></span> <span class=\"_\"> </span>pari <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_\"> </span>83 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>C<span class=\"_ _0\"></span>HF <span class=\"_\"> </span>(84 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>E<span class=\"_ _2\"></span>uro), <span class=\"_\"> </span>la <span class=\"_\"> </span>quota scadente e<span class=\"_ _0\"></span>ntro l\u2019anno<span class=\"_ _0\"></span> dei finanz<span class=\"_ _0\"></span>iamenti del<span class=\"_ _0\"></span>la Descam<span class=\"_ _0\"></span>ps S.A.S.<span class=\"_ _0\"></span> pari <span class=\"_ _0\"></span>a 1.277 mi<span class=\"_ _0\"></span>gliaia d<span class=\"_ _0\"></span>i Euro e quella relat<span class=\"_ _0\"></span>iva ai debiti ve<span class=\"_ _0\"></span>rso altri finanzi<span class=\"_ _0\"></span>atori per Lea<span class=\"_ _0\"></span>se pari a 7.776<span class=\"_ _0\"></span> migliaia di Eur<span class=\"_ _0\"></span>o.  Il <span class=\"_ _14\"> </span>debito <span class=\"_ _14\"> </span>finanziari<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>orrente <span class=\"_ _b\"> </span>com<span class=\"_ _0\"></span>prende <span class=\"_ _14\"> </span>la <span class=\"_ _8\"> </span>quota <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>corre<span class=\"_ _0\"></span>nte <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontratt<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>di finanziamento <span class=\"_ _5\"> </span>della <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>Illim<span class=\"_ _0\"></span>ity <span class=\"_ _5\"></span>Bank <span class=\"_ _5\"></span>S.p.A.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>13.305<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>la quota <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>medio-lungo <span class=\"_ _9\"> </span>t<span class=\"_ _0\"></span>ermine <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>C<span class=\"_ _0\"></span>OVID-19 <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>ntrollata <span class=\"_ _8\"> </span>Bass<span class=\"_ _0\"></span>etti Schweiz <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>33 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>CHF <span class=\"_ _3\"></span>(338 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>scadente <span class=\"_ _3\"></span>oltre <span class=\"_ _3\"></span>l\u2019anno<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i finanziamenti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Descamps <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>ari <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>2.802 <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _e\"> </span>\u00c8 <span class=\"_ _e\"> </span>compres<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>inoltre, <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>quota <span class=\"_ _e\"> </span>non corrente dei <span class=\"_ _0\"></span>debiti verso alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> per Lease <span class=\"_ _0\"></span>pari a 28.664 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro.  I <span class=\"_ _d\"></span>debit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ommercia<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>altri <span class=\"_ _5\"></span>debiti <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>correnti <span class=\"_ _5\"></span>inclu<span class=\"_ _0\"></span>dono <span class=\"_ _5\"></span>i <span class=\"_ _d\"></span>versa<span class=\"_ _0\"></span>menti <span class=\"_ _5\"></span>Irpef <span class=\"_ _5\"></span>(423 <span class=\"_ _5\"> </span>migliaia <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> Euro), <span class=\"_ _d\"></span>dovuti <span class=\"_ _5\"></span>nell\u2019ann<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _d\"></span>esistenti <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>deposito <span class=\"_ _5\"> </span>della <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>omand<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>mmissione ex <span class=\"_ _f\"> </span>art.161, <span class=\"_ _f\"> </span>sesto <span class=\"_ _f\"> </span>com<span class=\"_ _0\"></span>ma, <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>L.F. <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>rateizzati <span class=\"_ _f\"> </span>fino<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>settembre <span class=\"_ _f\"> </span>2026. <span class=\"_ _1\"> </span>Sono <span class=\"_ _f\"> </span>compresi inoltre, <span class=\"_ _e\"> </span>3.<span class=\"_ _0\"></span>627 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>riferiti <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _e\"> </span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>debiti fiscali e contr<span class=\"_ _0\"></span>ibutivi. In <span class=\"_ _0\"></span>merito <span class=\"_ _3\"></span>all\u2019andamento <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>posizione <span class=\"_ _3\"></span>finanziaria <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>si <span class=\"_ _0\"></span>rinvia <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>quant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dett<span class=\"_ _0\"></span>agliatamente<span class=\"_ _0\"></span> descritto nella re<span class=\"_ _0\"></span>lazione sul<span class=\"_ _0\"></span>la gestione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__81": {
   "value": "Nota 20 DEBITI VERSO BANCHE E ALTRI FINANZIATORI<span class=\"fs2 fc1\"> </span>31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)CorrenteDebiti vers<span class=\"_ _0\"></span>o banche4.641862Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori447-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease7.7766.69312.86<span class=\"_ _0\"></span>47.555Non correnteDebiti vers<span class=\"_ _0\"></span>o banche16.23<span class=\"_ _0\"></span>917.333Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori206-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease28.66<span class=\"_ _0\"></span>423.69945.10<span class=\"_ _0\"></span>941.032Totale 57.97<span class=\"_ _0\"></span>348.587In <span class=\"_ _3\"></span>data <span class=\"_ _d\"></span>17 <span class=\"_ _d\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _d\"></span>ha <span class=\"_ _3\"></span>sott<span class=\"_ _0\"></span>oscritto <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _178\"> </span>interamente <span class=\"_ _6a\"> </span>er<span class=\"_ _0\"></span>ogato <span class=\"_ _6a\"> </span>s<span class=\"_ _0\"></span>u <span class=\"_ _178\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _6a\"> </span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _178\"> </span>dedicato: <span class=\"_ _6a\"> </span>(<span class=\"_ _0\"></span>i)\u00e8 <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _5\"></span>utilizzat<span class=\"_ _0\"></span>o, <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>importo <span class=\"_ _e\"> </span>pari <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>4.357 <span class=\"_ _5\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro, <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fine <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ri<span class=\"_ _0\"></span>mborsare <span class=\"_ _5\"></span>unaquota <span class=\"_ _5\"></span>parte <span class=\"_ _5\"></span>dell\u2019i<span class=\"_ _0\"></span>ndebitamento <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _d\"></span>Ca<span class=\"_ _0\"></span>pogruppo, <span class=\"_ _5\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data, <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>DeA Capital <span class=\"_ _3\"></span>Alternative <span class=\"_ _3\"></span>Funds <span class=\"_ _3\"></span>SGR <span class=\"_ _3\"></span>S.A. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _3\"></span>(ii) <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>parte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>3.64<span class=\"_ _0\"></span>3 migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>\u00e8 stata <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>lizzata per <span class=\"_ _0\"></span>il pa<span class=\"_ _0\"></span>gamento di <span class=\"_ _0\"></span>salari e <span class=\"_ _0\"></span>stipe<span class=\"_ _0\"></span>ndi <span class=\"_ _0\"></span>nel corso dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _b\"> </span>finanziamento <span class=\"_ _14\"> </span>prevede <span class=\"_ _14\"> </span>il <span class=\"_ _b\"> </span>rimborso <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>tri<span class=\"_ _0\"></span>mestrali, <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omprensive <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _0\"></span>maggiorato de<span class=\"_ _0\"></span>l 3,25%<span class=\"_ _0\"></span> annuo, a<span class=\"_ _0\"></span> quota c<span class=\"_ _0\"></span>apitale c<span class=\"_ _0\"></span>ostante <span class=\"_ _0\"></span>a partire <span class=\"_ _0\"></span>dal 31 <span class=\"_ _0\"></span>dicembre 2022 <span class=\"_ _0\"></span>(inc<span class=\"_ _0\"></span>luso) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sino <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _3\"></span>finale <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>30 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ettembre <span class=\"_ _3\"></span>2027. <span class=\"_ _0\"></span>Si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>segnal<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>le rate <span class=\"_ _3\"></span>scadute <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>arzo <span class=\"_ _3\"></span>2023 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>golarmente <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imborsate per <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>impor<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>rispettivamente <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>1.101 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>comprens<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>201 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di Euro <span class=\"_\"> </span>per <span class=\"_ _a\"> </span>interessi <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>1<span class=\"_ _2\"></span>.236 <span class=\"_ _a\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro, <span class=\"_ _a\"> </span>comprensivo <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>236 <span class=\"_\"> </span>migliai<span class=\"_ _0\"></span>a <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>per interessi.. <span class=\"_ _3\"></span>Al <span class=\"_ _3\"></span>fine <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>garantire <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>proprie <span class=\"_ _3\"></span>obbligazioni <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>sensi <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>finanziame<span class=\"_ _0\"></span>nto, la <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _5\"></span>h<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>conces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>un\u2019ipotec<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>primo <span class=\"_ _5\"></span>grado <span class=\"_ _e\"> </span>su <span class=\"_ _5\"></span>taluni<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>pegno <span class=\"_ _5\"></span>sul saldo <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>taluni <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>nti <span class=\"_ _f\"> </span>correnti.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>Il <span class=\"_ _f\"> </span>finanziamento<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>altres\u00ec <span class=\"_ _f\"> </span>assistit<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>garanzi<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>emessa <span class=\"_ _f\"> </span>da SACE <span class=\"_ _3\"></span>S.<span class=\"_ _0\"></span>p.A. <span class=\"_ _d\"></span>ai <span class=\"_ _3\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>Decreto-legge <span class=\"_ _d\"></span>8 <span class=\"_ _d\"></span>aprile <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>020 <span class=\"_ _d\"></span>n. <span class=\"_ _3\"></span>23 <span class=\"_ _d\"></span>(conver<span class=\"_ _0\"></span>tito, <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>modific<span class=\"_ _0\"></span>azioni, dalla <span class=\"_ _0\"></span>Legg<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>5 <span class=\"_ _0\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.U.<span class=\"_ _0\"></span>I. <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>20/1990/2I; <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Capogr<span class=\"_ _0\"></span>uppo ha <span class=\"_ _0\"></span>versato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>circa <span class=\"_ _3\"></span>132 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>titolo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>spese <span class=\"_ _3\"></span>dovute <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>SACE <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>o dal contratto.<span class=\"_ _0\"></span> Il <span class=\"_ _b\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _b\"> </span>stato <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span>scritto <span class=\"_ _b\"> </span>al <span class=\"_ _14\"> </span>costo <span class=\"_ _b\"> </span>ammortiz<span class=\"_ _0\"></span>zato, <span class=\"_ _b\"> </span>come <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evisto <span class=\"_ _b\"> </span>da<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>principi <span class=\"_ _b\"> </span>di riferimento, <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>include <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>effetto <span class=\"_ _f\"> </span>derivante <span class=\"_ _f\"> </span>dalla <span class=\"_ _f\"> </span>component<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201ctrans<span class=\"_ _0\"></span>action <span class=\"_ _f\"> </span>cost\u201d <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>un valore residuo al 31<span class=\"_ _0\"></span> dicembr<span class=\"_ _0\"></span>e 2022 di 252 mi<span class=\"_ _0\"></span>gliaia di Euro.<span class=\"_ _0\"></span> Debiti verso banc<span class=\"_ _0\"></span>he Nei <span class=\"_ _f\"> </span>debiti <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>so <span class=\"_ _f\"> </span>banc<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onfluiti <span class=\"_ _1\"> </span>gli <span class=\"_ _f\"> </span>importi <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>rivanti <span class=\"_ _f\"> </span>dal <span class=\"_ _f\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _1\"> </span>che, <span class=\"_ _f\"> </span>come sopra <span class=\"_ _f\"> </span>desc<span class=\"_ _0\"></span>ritto, <span class=\"_ _f\"> </span>prevede <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>rimborso <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>somme <span class=\"_ _1\"> </span>erogate <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>tasso <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>inter<span class=\"_ _0\"></span>esse <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>i all\u2019Euribor magg<span class=\"_ _0\"></span>iorato del 3<span class=\"_ _0\"></span>,25% ann<span class=\"_ _0\"></span>uo. Inoltre, <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>debiti <span class=\"_ _b\"> </span>vers<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ba<span class=\"_ _0\"></span>nche <span class=\"_ _b\"> </span>includono <span class=\"_ _b\"> </span>un <span class=\"_ _b\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _b\"> </span>COVID-<span class=\"_ _0\"></span>19 <span class=\"_ _b\"> </span>della <span class=\"_ _b\"> </span>controllat<span class=\"_ _0\"></span>a Bassetti <span class=\"_\"> </span>Schweiz <span class=\"_ _1\"> </span>ott<span class=\"_ _0\"></span>enuto <span class=\"_\"> </span>da <span class=\"_ _1\"> </span>Cred<span class=\"_ _0\"></span>it <span class=\"_ _1\"> </span>Suiss<span class=\"_ _0\"></span>e. <span class=\"_ _1\"> </span>I<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>fina<span class=\"_ _0\"></span>nziamento, <span class=\"_\"> </span>che <span class=\"_ _1\"> </span>ha <span class=\"_\"> </span>durata <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>8 <span class=\"_\"> </span>anni scadenti <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>30 <span class=\"_\"> </span>settembre <span class=\"_\"> </span>2027, <span class=\"_\"> </span>p<span class=\"_ _2\"></span>revede <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>42 <span class=\"_ _1\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>CHF<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_\"> </span>rate semestrali <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>partire <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>marzo <span class=\"_ _3\"></span>2022; <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>cembre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>finanzia<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>416 migliaia di CHF<span class=\"_ _0\"></span> (422 migliai<span class=\"_ _0\"></span>a di E<span class=\"_ _0\"></span>uro). I debit<span class=\"_ _0\"></span>i verso ba<span class=\"_ _0\"></span>nche compren<span class=\"_ _0\"></span>dono un finanz<span class=\"_ _0\"></span>iamento garantito <span class=\"_ _b\"> </span>dallo <span class=\"_ _b\"> </span>St<span class=\"_ _0\"></span>ato <span class=\"_ _b\"> </span>(PG<span class=\"_ _0\"></span>E), <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>4.<span class=\"_ _0\"></span>000 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>Euro, <span class=\"_ _b\"> </span>otten<span class=\"_ _0\"></span>uto <span class=\"_ _b\"> </span>dalla <span class=\"_ _14\"> </span>controllata Descamps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>da<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>banque <span class=\"_\"> </span>CIC <span class=\"_ _a\"> </span>Nord <span class=\"_ _a\"> </span>Ouest <span class=\"_\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_\"> </span>2<span class=\"_ _0\"></span>3 <span class=\"_ _a\"> </span>marzo <span class=\"_\"> </span>2020 <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>far <span class=\"_\"> </span>fronte all\u2019emergenza <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>OVID-19. <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>estito <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>prevedev<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inizialment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>rimborso<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dopo <span class=\"_ _3\"></span>un anno <span class=\"_ _3\"></span>a tasso 0% <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stato <span class=\"_ _0\"></span>riscadenz<span class=\"_ _0\"></span>iato s<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>un per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>di 5 <span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>con u<span class=\"_ _0\"></span>ltima sca<span class=\"_ _0\"></span>denza <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>luglio 2<span class=\"_ _0\"></span>026, possibilit\u00e0 <span class=\"_ _3\"></span>prevista <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tratto. <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>segna<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>lo <span class=\"_ _3\"></span>riscadenziamento <span class=\"_ _3\"></span>prevede <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>pagamento di interessi, <span class=\"_ _0\"></span>ad un <span class=\"_ _0\"></span>tasso i<span class=\"_ _0\"></span>niziale del<span class=\"_ _0\"></span>lo 0,70% <span class=\"_ _0\"></span>annuo, <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>un totale di <span class=\"_ _0\"></span>circa <span class=\"_ _0\"></span>85 mig<span class=\"_ _0\"></span>liaia di E<span class=\"_ _0\"></span>uro e <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>comm<span class=\"_ _0\"></span>issioni <span class=\"_ _e\"> </span>legate<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>garanzia <span class=\"_ _f\"> </span>PGE <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>var<span class=\"_ _0\"></span>iano <span class=\"_ _e\"> </span>dallo <span class=\"_ _e\"> </span>0,<span class=\"_ _0\"></span>5 <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>primo <span class=\"_ _e\"> </span>an<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>fino all\u20191% <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>into <span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>totale <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i circ<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>84 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro. <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022, <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>rimbors<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>412 <span class=\"_ _f\"> </span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>pari <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>3.588<span class=\"_ _0\"></span> migliaia di E<span class=\"_ _0\"></span>uro di cui 992 <span class=\"_ _0\"></span>migliaia di E<span class=\"_ _0\"></span>uro scadenti en<span class=\"_ _0\"></span>tro 1 anno. La movimentaz<span class=\"_ _0\"></span>ione nell\u2019eser<span class=\"_ _0\"></span>cizio dei deb<span class=\"_ _0\"></span>iti \u00e8 stata la <span class=\"_ _0\"></span>seguente: (in migliaia di E<span class=\"_ _0\"></span>uro)Debiti c<span class=\"_ _0\"></span>orrenti <span class=\"_ _26\"> </span>Debiti<span class=\"_ _0\"></span> non cor<span class=\"_ _0\"></span>renti Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.202186217.333Rimborso<span class=\"_ _0\"></span> finanziame<span class=\"_ _0\"></span>nto(984)(412)Apporto nu<span class=\"_ _0\"></span>ova control<span class=\"_ _0\"></span>lata9903.010Giroconto <span class=\"_ _0\"></span>da lungo <span class=\"_ _0\"></span>a bre<span class=\"_ _0\"></span>ve termine3.713(3.713)Variazione <span class=\"_ _0\"></span>linee di c<span class=\"_ _0\"></span>redit<span class=\"_ _0\"></span>o c/c1Costo am<span class=\"_ _0\"></span>mortizzato on<span class=\"_ _0\"></span>eri finanzia<span class=\"_ _0\"></span>mentoAttualizzazione<span class=\"_ _0\"></span> costo a<span class=\"_ _0\"></span>mmortizzato(2)Ammortam<span class=\"_ _0\"></span>ento cos<span class=\"_ _0\"></span>to am<span class=\"_ _0\"></span>mortizzato60Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one121Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _179\"> </span>4.641<span class=\"_ _17a\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>  <span class=\"_ _8b\"> </span>16.2<span class=\"_ _0\"></span>39<span class=\"_ _17b\"></span>      <span class=\"_ _0\"></span>             Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i I <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziatori <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _3\"></span>16<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>liquidit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>incass<span class=\"_ _0\"></span>ate <span class=\"_ _3\"></span>dalla Capogruppo <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>client<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>uti <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>factor <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>clausol<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro <span class=\"_ _3\"></span>soluto, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>mantenuto il <span class=\"_ _e\"> </span>servizio <span class=\"_ _e\"> </span>d\u2019incasso; <span class=\"_ _e\"> </span>tali <span class=\"_ _e\"> </span>provv<span class=\"_ _0\"></span>iste <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _e\"> </span>girate <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>factor <span class=\"_ _e\"> </span>nei <span class=\"_ _e\"> </span>primi <span class=\"_ _e\"> </span>giorni <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>mese <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> gennaio <span class=\"_ _d\"></span>2023. <span class=\"_ _3\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>voce <span class=\"_ _d\"></span>include <span class=\"_ _d\"></span>inoltre, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanzi<span class=\"_ _0\"></span>amento, <span class=\"_ _d\"></span>pari <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>491 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _d\"></span>della controllata <span class=\"_ _a\"> </span>Desca<span class=\"_ _0\"></span>mps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>Cofac<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>S.A. <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>lo <span class=\"_ _a\"> </span>sviluppo <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>commer<span class=\"_ _0\"></span>cio internazionale.<span class=\"_ _0\"></span> Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i per beni in L<span class=\"_ _0\"></span>ease I <span class=\"_ _0\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iatori <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>beni <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>lease <span class=\"_ _3\"></span>derivano <span class=\"_ _3\"></span>dai <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _3\"></span>di af<span class=\"_ _0\"></span>fitto <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>im<span class=\"_ _2\"></span>mob<span class=\"_ _0\"></span>ili ove <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>ubicat<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>ve<span class=\"_ _0\"></span>ndita <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>Grup<span class=\"_ _0\"></span>po, <span class=\"_ _d\"></span>dal <span class=\"_ _d\"></span>noleggi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>lungo <span class=\"_ _5\"></span>termine <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>aut<span class=\"_ _0\"></span>ovetture <span class=\"_ _d\"></span>e dal <span class=\"_ _11\"> </span>contratto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _11\"> </span>finanziar<span class=\"_ _0\"></span>io <span class=\"_ _11\"> </span>acceso <span class=\"_ _11\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _11\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _11\"> </span>per <span class=\"_ _13\"> </span>l\u2019acquisto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>un macchinario. Essi corrispon<span class=\"_ _0\"></span>dono al valor<span class=\"_ _0\"></span>e attuale dei <span class=\"_ _0\"></span>pagamenti fut<span class=\"_ _0\"></span>uri dei ca<span class=\"_ _0\"></span>noni di locazione.<span class=\"_ _0\"></span> Nella tabella sottos<span class=\"_ _0\"></span>tante v<span class=\"_ _0\"></span>iene illustrata la <span class=\"_ _0\"></span>posizione fin<span class=\"_ _0\"></span>anziaria n<span class=\"_ _0\"></span>etta del Grup<span class=\"_ _0\"></span>po. (in migliaia di E<span class=\"_ _0\"></span>uro)31.12.<span class=\"_ _0\"></span>202231.12.20<span class=\"_ _0\"></span>21ADisponib<span class=\"_ _0\"></span>ilit\u00e0 li<span class=\"_ _0\"></span>quide 16.17725.311BMezzi equivalenti a<span class=\"_ _0\"></span> disponibi<span class=\"_ _0\"></span>lit\u00e0 l<span class=\"_ _0\"></span>iquide--CAltre atti<span class=\"_ _0\"></span>vit\u00e0 finanziar<span class=\"_ _0\"></span>ie co<span class=\"_ _0\"></span>rrenti--di cui co<span class=\"_ _0\"></span>n parti correlateD= (A+B+C)Liquidit\u00e0<span class=\"_ _0\"></span> 16.17725.311EDebito fina<span class=\"_ _0\"></span>nziario corre<span class=\"_ _0\"></span>nte8.2446.713FParte corrent<span class=\"_ _0\"></span>e del debito <span class=\"_ _0\"></span>finanz. non <span class=\"_ _0\"></span>corrente4.620842Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente12.8647.555G= (E+F)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente<span class=\"_ _0\"></span> netto(3.313)(17.756)H= (G-D)IDebito fi<span class=\"_ _0\"></span>nanziario no<span class=\"_ _0\"></span>n corre<span class=\"_ _0\"></span>nte45.10941.032JStrument<span class=\"_ _0\"></span>i di debit<span class=\"_ _0\"></span>o--KDebiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali e <span class=\"_ _0\"></span>altri deb<span class=\"_ _0\"></span>iti non  c<span class=\"_ _0\"></span>orrenti4.050722L=(I+J+K)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario non <span class=\"_ _0\"></span>corrente 49.15941.754M=(H+L)Totale <span class=\"_ _0\"></span>indebitame<span class=\"_ _0\"></span>nto finanzia<span class=\"_ _0\"></span>rio 45.84623.998Al <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>garantire <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazioni <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>sensi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>stipu<span class=\"_ _0\"></span>lato con <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span>limity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncess<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pegno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo<span class=\"fs0 fc6\"> <span class=\"_ _3\"></span></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente \u201cdedicato\u201d <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>pagamenti\u201d <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>tituiti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>forza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>13 <span class=\"_ _d\"></span>ottob<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>0 <span class=\"_ _3\"></span>e che <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>entavano <span class=\"_ _0\"></span>rispett<span class=\"_ _0\"></span>ivamente <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> saldo <span class=\"_ _3\"></span>di 11<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>28 migliaia di E<span class=\"_ _0\"></span>uro. Si <span class=\"_ _3\"></span>segnala <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>liqui<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>vincolati <span class=\"_ _3\"></span>della Capogruppo <span class=\"_\"> </span>per <span class=\"_\"> </span>un <span class=\"_ _1\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>20 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>depos<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>cauzionali <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span> garanzia di fidejus<span class=\"_ _0\"></span>soni per c<span class=\"_ _0\"></span>ontratti d\u2019affitto <span class=\"_ _0\"></span>della contr<span class=\"_ _0\"></span>ollata Bassett<span class=\"_ _0\"></span>i Deutschland<span class=\"_ _0\"></span>. Il <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>corrente <span class=\"_ _e\"> </span>include <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>quota <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>breve <span class=\"_ _e\"> </span>termine <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lla Capogruppo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>3.544 <span class=\"_ _3\"></span>migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>orrente <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>COVID<span class=\"_ _0\"></span>-19 de<span class=\"_ _0\"></span>lla controllata <span class=\"_\"> </span>Bassetti <span class=\"_\"> </span>Schweiz<span class=\"_ _0\"></span> <span class=\"_\"> </span>pari <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_\"> </span>83 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>C<span class=\"_ _0\"></span>HF <span class=\"_\"> </span>(84 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>E<span class=\"_ _2\"></span>uro), <span class=\"_\"> </span>la <span class=\"_\"> </span>quota scadente e<span class=\"_ _0\"></span>ntro l\u2019anno<span class=\"_ _0\"></span> dei finanz<span class=\"_ _0\"></span>iamenti del<span class=\"_ _0\"></span>la Descam<span class=\"_ _0\"></span>ps S.A.S.<span class=\"_ _0\"></span> pari <span class=\"_ _0\"></span>a 1.277 mi<span class=\"_ _0\"></span>gliaia d<span class=\"_ _0\"></span>i Euro e quella relat<span class=\"_ _0\"></span>iva ai debiti ve<span class=\"_ _0\"></span>rso altri finanzi<span class=\"_ _0\"></span>atori per Lea<span class=\"_ _0\"></span>se pari a 7.776<span class=\"_ _0\"></span> migliaia di Eur<span class=\"_ _0\"></span>o.  Il <span class=\"_ _14\"> </span>debito <span class=\"_ _14\"> </span>finanziari<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>orrente <span class=\"_ _b\"> </span>com<span class=\"_ _0\"></span>prende <span class=\"_ _14\"> </span>la <span class=\"_ _8\"> </span>quota <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>corre<span class=\"_ _0\"></span>nte <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontratt<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>di finanziamento <span class=\"_ _5\"> </span>della <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>Illim<span class=\"_ _0\"></span>ity <span class=\"_ _5\"></span>Bank <span class=\"_ _5\"></span>S.p.A.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>13.305<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>la quota <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>medio-lungo <span class=\"_ _9\"> </span>t<span class=\"_ _0\"></span>ermine <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>C<span class=\"_ _0\"></span>OVID-19 <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>ntrollata <span class=\"_ _8\"> </span>Bass<span class=\"_ _0\"></span>etti Schweiz <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>33 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>CHF <span class=\"_ _3\"></span>(338 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>scadente <span class=\"_ _3\"></span>oltre <span class=\"_ _3\"></span>l\u2019anno<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i finanziamenti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Descamps <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>ari <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>2.802 <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _e\"> </span>\u00c8 <span class=\"_ _e\"> </span>compres<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>inoltre, <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>quota <span class=\"_ _e\"> </span>non corrente dei <span class=\"_ _0\"></span>debiti verso alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> per Lease <span class=\"_ _0\"></span>pari a 28.664 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro.  I <span class=\"_ _d\"></span>debit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ommercia<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>altri <span class=\"_ _5\"></span>debiti <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>correnti <span class=\"_ _5\"></span>inclu<span class=\"_ _0\"></span>dono <span class=\"_ _5\"></span>i <span class=\"_ _d\"></span>versa<span class=\"_ _0\"></span>menti <span class=\"_ _5\"></span>Irpef <span class=\"_ _5\"></span>(423 <span class=\"_ _5\"> </span>migliaia <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> Euro), <span class=\"_ _d\"></span>dovuti <span class=\"_ _5\"></span>nell\u2019ann<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _d\"></span>esistenti <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>deposito <span class=\"_ _5\"> </span>della <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>omand<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>mmissione ex <span class=\"_ _f\"> </span>art.161, <span class=\"_ _f\"> </span>sesto <span class=\"_ _f\"> </span>com<span class=\"_ _0\"></span>ma, <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>L.F. <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>rateizzati <span class=\"_ _f\"> </span>fino<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>settembre <span class=\"_ _f\"> </span>2026. <span class=\"_ _1\"> </span>Sono <span class=\"_ _f\"> </span>compresi inoltre, <span class=\"_ _e\"> </span>3.<span class=\"_ _0\"></span>627 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>riferiti <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _e\"> </span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>debiti fiscali e contr<span class=\"_ _0\"></span>ibutivi. In <span class=\"_ _0\"></span>merito <span class=\"_ _3\"></span>all\u2019andamento <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>posizione <span class=\"_ _3\"></span>finanziaria <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>si <span class=\"_ _0\"></span>rinvia <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>quant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dett<span class=\"_ _0\"></span>agliatamente<span class=\"_ _0\"></span> descritto nella re<span class=\"_ _0\"></span>lazione sul<span class=\"_ _0\"></span>la gestione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLoansAndAdvancesToBanksExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__80": {
   "value": "Nota 20 DEBITI VERSO BANCHE E ALTRI FINANZIATORI<span class=\"fs2 fc1\"> </span>31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)CorrenteDebiti vers<span class=\"_ _0\"></span>o banche4.641862Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori447-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease7.7766.69312.86<span class=\"_ _0\"></span>47.555Non correnteDebiti vers<span class=\"_ _0\"></span>o banche16.23<span class=\"_ _0\"></span>917.333Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori206-Debiti vers<span class=\"_ _0\"></span>o altri fi<span class=\"_ _0\"></span>nanziatori b<span class=\"_ _0\"></span>eni i<span class=\"_ _0\"></span>n  Lease28.66<span class=\"_ _0\"></span>423.69945.10<span class=\"_ _0\"></span>941.032Totale 57.97<span class=\"_ _0\"></span>348.587In <span class=\"_ _3\"></span>data <span class=\"_ _d\"></span>17 <span class=\"_ _d\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>1 <span class=\"_ _3\"></span>la <span class=\"_ _d\"></span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _d\"></span>ha <span class=\"_ _3\"></span>sott<span class=\"_ _0\"></span>oscritto <span class=\"_ _d\"></span>un <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ntratto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> complessivi 18 m<span class=\"_ _0\"></span>ilioni di Eu<span class=\"_ _0\"></span>ro con Illimity<span class=\"_ _0\"></span> Bank S.p.A..<span class=\"_ _0\"></span> Il <span class=\"_ _6a\"> </span>finanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _178\"> </span>interamente <span class=\"_ _6a\"> </span>er<span class=\"_ _0\"></span>ogato <span class=\"_ _6a\"> </span>s<span class=\"_ _0\"></span>u <span class=\"_ _178\"> </span>un <span class=\"_ _6a\"> </span>conto <span class=\"_ _6a\"> </span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _178\"> </span>dedicato: <span class=\"_ _6a\"> </span>(<span class=\"_ _0\"></span>i)\u00e8 <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _5\"></span>utilizzat<span class=\"_ _0\"></span>o, <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>importo <span class=\"_ _e\"> </span>pari <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>1<span class=\"_ _0\"></span>4.357 <span class=\"_ _5\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro, <span class=\"_ _5\"></span>al <span class=\"_ _5\"> </span>fine <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>ri<span class=\"_ _0\"></span>mborsare <span class=\"_ _5\"></span>unaquota <span class=\"_ _5\"></span>parte <span class=\"_ _5\"></span>dell\u2019i<span class=\"_ _0\"></span>ndebitamento <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _5\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _d\"></span>Ca<span class=\"_ _0\"></span>pogruppo, <span class=\"_ _5\"></span>es<span class=\"_ _0\"></span>istente <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data, <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>DeA Capital <span class=\"_ _3\"></span>Alternative <span class=\"_ _3\"></span>Funds <span class=\"_ _3\"></span>SGR <span class=\"_ _3\"></span>S.A. <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>illimity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A.; <span class=\"_ _3\"></span>(ii) <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>parte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esidua, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>3.64<span class=\"_ _0\"></span>3 migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>\u00e8 stata <span class=\"_ _0\"></span>interamente <span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>lizzata per <span class=\"_ _0\"></span>il pa<span class=\"_ _0\"></span>gamento di <span class=\"_ _0\"></span>salari e <span class=\"_ _0\"></span>stipe<span class=\"_ _0\"></span>ndi <span class=\"_ _0\"></span>nel corso dell\u2019esercizio 202<span class=\"_ _0\"></span>2. Il <span class=\"_ _b\"> </span>finanziamento <span class=\"_ _14\"> </span>prevede <span class=\"_ _14\"> </span>il <span class=\"_ _b\"> </span>rimborso <span class=\"_ _14\"> </span>in <span class=\"_ _b\"> </span>rate <span class=\"_ _b\"> </span>tri<span class=\"_ _0\"></span>mestrali, <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omprensive <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>interes<span class=\"_ _0\"></span>si <span class=\"_ _b\"> </span>pari all\u2019Euribor <span class=\"_ _0\"></span>maggiorato de<span class=\"_ _0\"></span>l 3,25%<span class=\"_ _0\"></span> annuo, a<span class=\"_ _0\"></span> quota c<span class=\"_ _0\"></span>apitale c<span class=\"_ _0\"></span>ostante <span class=\"_ _0\"></span>a partire <span class=\"_ _0\"></span>dal 31 <span class=\"_ _0\"></span>dicembre 2022 <span class=\"_ _0\"></span>(inc<span class=\"_ _0\"></span>luso) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sino <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>scadenza <span class=\"_ _3\"></span>finale <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>30 <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ettembre <span class=\"_ _3\"></span>2027. <span class=\"_ _0\"></span>Si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>segnal<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>le rate <span class=\"_ _3\"></span>scadute <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>arzo <span class=\"_ _3\"></span>2023 <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>golarmente <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>imborsate per <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>impor<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>rispettivamente <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>1.101 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>comprens<span class=\"_ _0\"></span>ivo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>201 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di Euro <span class=\"_\"> </span>per <span class=\"_ _a\"> </span>interessi <span class=\"_\"> </span>e <span class=\"_ _a\"> </span>1<span class=\"_ _2\"></span>.236 <span class=\"_ _a\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro, <span class=\"_ _a\"> </span>comprensivo <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>236 <span class=\"_\"> </span>migliai<span class=\"_ _0\"></span>a <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>per interessi.. <span class=\"_ _3\"></span>Al <span class=\"_ _3\"></span>fine <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>garantire <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>proprie <span class=\"_ _3\"></span>obbligazioni <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>sensi <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>finanziame<span class=\"_ _0\"></span>nto, la <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _5\"></span>h<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>conces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>un\u2019ipotec<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>primo <span class=\"_ _5\"></span>grado <span class=\"_ _e\"> </span>su <span class=\"_ _5\"></span>taluni<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>immobi<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>pegno <span class=\"_ _5\"></span>sul saldo <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>taluni <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>nti <span class=\"_ _f\"> </span>correnti.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>Il <span class=\"_ _f\"> </span>finanziamento<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>altres\u00ec <span class=\"_ _f\"> </span>assistit<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>garanzi<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>emessa <span class=\"_ _f\"> </span>da SACE <span class=\"_ _3\"></span>S.<span class=\"_ _0\"></span>p.A. <span class=\"_ _d\"></span>ai <span class=\"_ _3\"></span>sens<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>Decreto-legge <span class=\"_ _d\"></span>8 <span class=\"_ _d\"></span>aprile <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>020 <span class=\"_ _d\"></span>n. <span class=\"_ _3\"></span>23 <span class=\"_ _d\"></span>(conver<span class=\"_ _0\"></span>tito, <span class=\"_ _3\"></span>con <span class=\"_ _d\"></span>modific<span class=\"_ _0\"></span>azioni, dalla <span class=\"_ _0\"></span>Legg<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>5 <span class=\"_ _0\"></span>giugno <span class=\"_ _3\"></span>2020 <span class=\"_ _3\"></span>n.40), <span class=\"_ _0\"></span>C.U.<span class=\"_ _0\"></span>I. <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>20/1990/2I; <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2022 <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>Capogr<span class=\"_ _0\"></span>uppo ha <span class=\"_ _0\"></span>versato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>circa <span class=\"_ _3\"></span>132 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>titolo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>spese <span class=\"_ _3\"></span>dovute <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>SACE <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>o dal contratto.<span class=\"_ _0\"></span> Il <span class=\"_ _b\"> </span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _b\"> </span>\u00e8 <span class=\"_ _b\"> </span>stato <span class=\"_ _b\"> </span>i<span class=\"_ _0\"></span>scritto <span class=\"_ _b\"> </span>al <span class=\"_ _14\"> </span>costo <span class=\"_ _b\"> </span>ammortiz<span class=\"_ _0\"></span>zato, <span class=\"_ _b\"> </span>come <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>evisto <span class=\"_ _b\"> </span>da<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>principi <span class=\"_ _b\"> </span>di riferimento, <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>include <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>effetto <span class=\"_ _f\"> </span>derivante <span class=\"_ _f\"> </span>dalla <span class=\"_ _f\"> </span>component<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>\u201ctrans<span class=\"_ _0\"></span>action <span class=\"_ _f\"> </span>cost\u201d <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>un valore residuo al 31<span class=\"_ _0\"></span> dicembr<span class=\"_ _0\"></span>e 2022 di 252 mi<span class=\"_ _0\"></span>gliaia di Euro.<span class=\"_ _0\"></span> Debiti verso banc<span class=\"_ _0\"></span>he Nei <span class=\"_ _f\"> </span>debiti <span class=\"_ _f\"> </span>ver<span class=\"_ _0\"></span>so <span class=\"_ _f\"> </span>banc<span class=\"_ _0\"></span>he <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onfluiti <span class=\"_ _1\"> </span>gli <span class=\"_ _f\"> </span>importi <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>rivanti <span class=\"_ _f\"> </span>dal <span class=\"_ _f\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _1\"> </span>che, <span class=\"_ _f\"> </span>come sopra <span class=\"_ _f\"> </span>desc<span class=\"_ _0\"></span>ritto, <span class=\"_ _f\"> </span>prevede <span class=\"_ _f\"> </span>il<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>rimborso <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _f\"> </span>somme <span class=\"_ _1\"> </span>erogate <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>un <span class=\"_ _1\"> </span>tasso <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>inter<span class=\"_ _0\"></span>esse <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>i all\u2019Euribor magg<span class=\"_ _0\"></span>iorato del 3<span class=\"_ _0\"></span>,25% ann<span class=\"_ _0\"></span>uo. Inoltre, <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>debiti <span class=\"_ _b\"> </span>vers<span class=\"_ _0\"></span>o <span class=\"_ _a\"> </span>ba<span class=\"_ _0\"></span>nche <span class=\"_ _b\"> </span>includono <span class=\"_ _b\"> </span>un <span class=\"_ _b\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _b\"> </span>COVID-<span class=\"_ _0\"></span>19 <span class=\"_ _b\"> </span>della <span class=\"_ _b\"> </span>controllat<span class=\"_ _0\"></span>a Bassetti <span class=\"_\"> </span>Schweiz <span class=\"_ _1\"> </span>ott<span class=\"_ _0\"></span>enuto <span class=\"_\"> </span>da <span class=\"_ _1\"> </span>Cred<span class=\"_ _0\"></span>it <span class=\"_ _1\"> </span>Suiss<span class=\"_ _0\"></span>e. <span class=\"_ _1\"> </span>I<span class=\"_ _0\"></span>l <span class=\"_ _1\"> </span>fina<span class=\"_ _0\"></span>nziamento, <span class=\"_\"> </span>che <span class=\"_ _1\"> </span>ha <span class=\"_\"> </span>durata <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>8 <span class=\"_\"> </span>anni scadenti <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>30 <span class=\"_\"> </span>settembre <span class=\"_\"> </span>2027, <span class=\"_\"> </span>p<span class=\"_ _2\"></span>revede <span class=\"_\"> </span>il <span class=\"_ _1\"> </span>rimbor<span class=\"_ _0\"></span>so <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>42 <span class=\"_ _1\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>CHF<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>a <span class=\"_\"> </span>rate semestrali <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>partire <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>marzo <span class=\"_ _3\"></span>2022; <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>cembre <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>finanzia<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>416 migliaia di CHF<span class=\"_ _0\"></span> (422 migliai<span class=\"_ _0\"></span>a di E<span class=\"_ _0\"></span>uro). I debit<span class=\"_ _0\"></span>i verso ba<span class=\"_ _0\"></span>nche compren<span class=\"_ _0\"></span>dono un finanz<span class=\"_ _0\"></span>iamento garantito <span class=\"_ _b\"> </span>dallo <span class=\"_ _b\"> </span>St<span class=\"_ _0\"></span>ato <span class=\"_ _b\"> </span>(PG<span class=\"_ _0\"></span>E), <span class=\"_ _b\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _b\"> </span>4.<span class=\"_ _0\"></span>000 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _b\"> </span>Euro, <span class=\"_ _b\"> </span>otten<span class=\"_ _0\"></span>uto <span class=\"_ _b\"> </span>dalla <span class=\"_ _14\"> </span>controllata Descamps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>da<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>banque <span class=\"_\"> </span>CIC <span class=\"_ _a\"> </span>Nord <span class=\"_ _a\"> </span>Ouest <span class=\"_\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>ata <span class=\"_\"> </span>2<span class=\"_ _0\"></span>3 <span class=\"_ _a\"> </span>marzo <span class=\"_\"> </span>2020 <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>far <span class=\"_\"> </span>fronte all\u2019emergenza <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>OVID-19. <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>estito <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>prevedev<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>inizialment<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>rimborso<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dopo <span class=\"_ _3\"></span>un anno <span class=\"_ _3\"></span>a tasso 0% <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stato <span class=\"_ _0\"></span>riscadenz<span class=\"_ _0\"></span>iato s<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>un per<span class=\"_ _0\"></span>iodo <span class=\"_ _0\"></span>di 5 <span class=\"_ _0\"></span>anni <span class=\"_ _0\"></span>con u<span class=\"_ _0\"></span>ltima sca<span class=\"_ _0\"></span>denza <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>luglio 2<span class=\"_ _0\"></span>026, possibilit\u00e0 <span class=\"_ _3\"></span>prevista <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tratto. <span class=\"_ _3\"></span>Si <span class=\"_ _0\"></span>segna<span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>lo <span class=\"_ _3\"></span>riscadenziamento <span class=\"_ _3\"></span>prevede <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>pagamento di interessi, <span class=\"_ _0\"></span>ad un <span class=\"_ _0\"></span>tasso i<span class=\"_ _0\"></span>niziale del<span class=\"_ _0\"></span>lo 0,70% <span class=\"_ _0\"></span>annuo, <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>un totale di <span class=\"_ _0\"></span>circa <span class=\"_ _0\"></span>85 mig<span class=\"_ _0\"></span>liaia di E<span class=\"_ _0\"></span>uro e <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>comm<span class=\"_ _0\"></span>issioni <span class=\"_ _e\"> </span>legate<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>garanzia <span class=\"_ _f\"> </span>PGE <span class=\"_ _e\"> </span>che <span class=\"_ _e\"> </span>var<span class=\"_ _0\"></span>iano <span class=\"_ _e\"> </span>dallo <span class=\"_ _e\"> </span>0,<span class=\"_ _0\"></span>5 <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>primo <span class=\"_ _e\"> </span>an<span class=\"_ _0\"></span>no <span class=\"_ _e\"> </span>fino all\u20191% <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>into <span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>ammontar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>totale <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i circ<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>84 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro. <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2022, <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>un <span class=\"_ _f\"> </span>rimbors<span class=\"_ _0\"></span>o <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>412 <span class=\"_ _f\"> </span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>pari <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>3.588<span class=\"_ _0\"></span> migliaia di E<span class=\"_ _0\"></span>uro di cui 992 <span class=\"_ _0\"></span>migliaia di E<span class=\"_ _0\"></span>uro scadenti en<span class=\"_ _0\"></span>tro 1 anno. La movimentaz<span class=\"_ _0\"></span>ione nell\u2019eser<span class=\"_ _0\"></span>cizio dei deb<span class=\"_ _0\"></span>iti \u00e8 stata la <span class=\"_ _0\"></span>seguente: (in migliaia di E<span class=\"_ _0\"></span>uro)Debiti c<span class=\"_ _0\"></span>orrenti <span class=\"_ _26\"> </span>Debiti<span class=\"_ _0\"></span> non cor<span class=\"_ _0\"></span>renti Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.202186217.333Rimborso<span class=\"_ _0\"></span> finanziame<span class=\"_ _0\"></span>nto(984)(412)Apporto nu<span class=\"_ _0\"></span>ova control<span class=\"_ _0\"></span>lata9903.010Giroconto <span class=\"_ _0\"></span>da lungo <span class=\"_ _0\"></span>a bre<span class=\"_ _0\"></span>ve termine3.713(3.713)Variazione <span class=\"_ _0\"></span>linee di c<span class=\"_ _0\"></span>redit<span class=\"_ _0\"></span>o c/c1Costo am<span class=\"_ _0\"></span>mortizzato on<span class=\"_ _0\"></span>eri finanzia<span class=\"_ _0\"></span>mentoAttualizzazione<span class=\"_ _0\"></span> costo a<span class=\"_ _0\"></span>mmortizzato(2)Ammortam<span class=\"_ _0\"></span>ento cos<span class=\"_ _0\"></span>to am<span class=\"_ _0\"></span>mortizzato60Differenze d<span class=\"_ _0\"></span>i conversi<span class=\"_ _0\"></span>one121Saldo al<span class=\"_ _0\"></span> 31.12<span class=\"_ _0\"></span>.2022<span class=\"_ _179\"> </span>4.641<span class=\"_ _17a\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>  <span class=\"_ _8b\"> </span>16.2<span class=\"_ _0\"></span>39<span class=\"_ _17b\"></span>      <span class=\"_ _0\"></span>             Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i I <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziatori <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _3\"></span>16<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>liquidit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>incass<span class=\"_ _0\"></span>ate <span class=\"_ _3\"></span>dalla Capogruppo <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>client<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ced<span class=\"_ _0\"></span>uti <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>factor <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>clausol<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pro <span class=\"_ _3\"></span>soluto, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>mantenuto il <span class=\"_ _e\"> </span>servizio <span class=\"_ _e\"> </span>d\u2019incasso; <span class=\"_ _e\"> </span>tali <span class=\"_ _e\"> </span>provv<span class=\"_ _0\"></span>iste <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _e\"> </span>girate <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>factor <span class=\"_ _e\"> </span>nei <span class=\"_ _e\"> </span>primi <span class=\"_ _e\"> </span>giorni <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>mese <span class=\"_ _e\"> </span>di<span class=\"_ _0\"></span> gennaio <span class=\"_ _d\"></span>2023. <span class=\"_ _3\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>voce <span class=\"_ _d\"></span>include <span class=\"_ _d\"></span>inoltre, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanzi<span class=\"_ _0\"></span>amento, <span class=\"_ _d\"></span>pari <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>491 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _d\"></span>della controllata <span class=\"_ _a\"> </span>Desca<span class=\"_ _0\"></span>mps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>ottenuto <span class=\"_ _a\"> </span>da <span class=\"_ _a\"> </span>Cofac<span class=\"_ _0\"></span>e <span class=\"_ _a\"> </span>S.A. <span class=\"_ _a\"> </span>per <span class=\"_ _a\"> </span>lo <span class=\"_ _a\"> </span>sviluppo <span class=\"_ _a\"> </span>del <span class=\"_ _a\"> </span>commer<span class=\"_ _0\"></span>cio internazionale.<span class=\"_ _0\"></span> Debiti verso altr<span class=\"_ _0\"></span>i finanziator<span class=\"_ _0\"></span>i per beni in L<span class=\"_ _0\"></span>ease I <span class=\"_ _0\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iatori <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>beni <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>lease <span class=\"_ _3\"></span>derivano <span class=\"_ _3\"></span>dai <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontratti <span class=\"_ _3\"></span>di af<span class=\"_ _0\"></span>fitto <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>im<span class=\"_ _2\"></span>mob<span class=\"_ _0\"></span>ili ove <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>ubicat<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>i <span class=\"_ _d\"></span>punti <span class=\"_ _d\"></span>ve<span class=\"_ _0\"></span>ndita <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>Grup<span class=\"_ _0\"></span>po, <span class=\"_ _d\"></span>dal <span class=\"_ _d\"></span>noleggi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>lungo <span class=\"_ _5\"></span>termine <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>aut<span class=\"_ _0\"></span>ovetture <span class=\"_ _d\"></span>e dal <span class=\"_ _11\"> </span>contratto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _11\"> </span>finanziar<span class=\"_ _0\"></span>io <span class=\"_ _11\"> </span>acceso <span class=\"_ _11\"> </span>d<span class=\"_ _0\"></span>alla <span class=\"_ _11\"> </span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _11\"> </span>per <span class=\"_ _13\"> </span>l\u2019acquisto <span class=\"_ _13\"> </span>di <span class=\"_ _11\"> </span>un macchinario. Essi corrispon<span class=\"_ _0\"></span>dono al valor<span class=\"_ _0\"></span>e attuale dei <span class=\"_ _0\"></span>pagamenti fut<span class=\"_ _0\"></span>uri dei ca<span class=\"_ _0\"></span>noni di locazione.<span class=\"_ _0\"></span> Nella tabella sottos<span class=\"_ _0\"></span>tante v<span class=\"_ _0\"></span>iene illustrata la <span class=\"_ _0\"></span>posizione fin<span class=\"_ _0\"></span>anziaria n<span class=\"_ _0\"></span>etta del Grup<span class=\"_ _0\"></span>po. (in migliaia di E<span class=\"_ _0\"></span>uro)31.12.<span class=\"_ _0\"></span>202231.12.20<span class=\"_ _0\"></span>21ADisponib<span class=\"_ _0\"></span>ilit\u00e0 li<span class=\"_ _0\"></span>quide 16.17725.311BMezzi equivalenti a<span class=\"_ _0\"></span> disponibi<span class=\"_ _0\"></span>lit\u00e0 l<span class=\"_ _0\"></span>iquide--CAltre atti<span class=\"_ _0\"></span>vit\u00e0 finanziar<span class=\"_ _0\"></span>ie co<span class=\"_ _0\"></span>rrenti--di cui co<span class=\"_ _0\"></span>n parti correlateD= (A+B+C)Liquidit\u00e0<span class=\"_ _0\"></span> 16.17725.311EDebito fina<span class=\"_ _0\"></span>nziario corre<span class=\"_ _0\"></span>nte8.2446.713FParte corrent<span class=\"_ _0\"></span>e del debito <span class=\"_ _0\"></span>finanz. non <span class=\"_ _0\"></span>corrente4.620842Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente12.8647.555G= (E+F)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario corrente<span class=\"_ _0\"></span> netto(3.313)(17.756)H= (G-D)IDebito fi<span class=\"_ _0\"></span>nanziario no<span class=\"_ _0\"></span>n corre<span class=\"_ _0\"></span>nte45.10941.032JStrument<span class=\"_ _0\"></span>i di debit<span class=\"_ _0\"></span>o--KDebiti co<span class=\"_ _0\"></span>mmerc<span class=\"_ _0\"></span>iali e <span class=\"_ _0\"></span>altri deb<span class=\"_ _0\"></span>iti non  c<span class=\"_ _0\"></span>orrenti4.050722L=(I+J+K)Indebita<span class=\"_ _0\"></span>mento finanzi<span class=\"_ _0\"></span>ario non <span class=\"_ _0\"></span>corrente 49.15941.754M=(H+L)Totale <span class=\"_ _0\"></span>indebitame<span class=\"_ _0\"></span>nto finanzia<span class=\"_ _0\"></span>rio 45.84623.998Al <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ine <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>garantire <span class=\"_ _5\"></span>le <span class=\"_ _5\"> </span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _d\"></span>ob<span class=\"_ _0\"></span>bligazioni <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>sensi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _5\"></span>contratto <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _5\"> </span>stipu<span class=\"_ _0\"></span>lato con <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span>limity <span class=\"_ _3\"></span>Bank <span class=\"_ _3\"></span>S.p.A, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>oncess<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>pegno <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>saldo<span class=\"fs0 fc6\"> <span class=\"_ _3\"></span></span>del <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>corrente \u201cdedicato\u201d <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>conto <span class=\"_ _d\"></span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>pagamenti\u201d <span class=\"_ _d\"></span>cos<span class=\"_ _0\"></span>tituiti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>forza <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>13 <span class=\"_ _d\"></span>ottob<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>0 <span class=\"_ _3\"></span>e che <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>pres<span class=\"_ _0\"></span>entavano <span class=\"_ _0\"></span>rispett<span class=\"_ _0\"></span>ivamente <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span> saldo <span class=\"_ _3\"></span>di 11<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>28 migliaia di E<span class=\"_ _0\"></span>uro. Si <span class=\"_ _3\"></span>segnala <span class=\"_ _3\"></span>inoltre, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>isponibilit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>liqui<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>compresi <span class=\"_ _3\"></span>conti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>vincolati <span class=\"_ _3\"></span>della Capogruppo <span class=\"_\"> </span>per <span class=\"_\"> </span>un <span class=\"_ _1\"> </span>impor<span class=\"_ _0\"></span>to <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>circa <span class=\"_\"> </span>20 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Eu<span class=\"_ _2\"></span>ro <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>depos<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>cauzionali <span class=\"_ _1\"> </span>a<span class=\"_ _0\"></span> garanzia di fidejus<span class=\"_ _0\"></span>soni per c<span class=\"_ _0\"></span>ontratti d\u2019affitto <span class=\"_ _0\"></span>della contr<span class=\"_ _0\"></span>ollata Bassett<span class=\"_ _0\"></span>i Deutschland<span class=\"_ _0\"></span>. Il <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>io <span class=\"_ _e\"> </span>corrente <span class=\"_ _e\"> </span>include <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>quota <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>breve <span class=\"_ _e\"> </span>termine <span class=\"_ _f\"> </span>del <span class=\"_ _e\"> </span>debito <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>inanziario <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>lla Capogruppo <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>3.544 <span class=\"_ _3\"></span>migliaia di <span class=\"_ _0\"></span>Euro, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>part<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>orrente <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>finanziame<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>COVID<span class=\"_ _0\"></span>-19 de<span class=\"_ _0\"></span>lla controllata <span class=\"_\"> </span>Bassetti <span class=\"_\"> </span>Schweiz<span class=\"_ _0\"></span> <span class=\"_\"> </span>pari <span class=\"_\"> </span>a<span class=\"_ _2\"></span> <span class=\"_\"> </span>83 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_ _1\"> </span>C<span class=\"_ _0\"></span>HF <span class=\"_\"> </span>(84 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>E<span class=\"_ _2\"></span>uro), <span class=\"_\"> </span>la <span class=\"_\"> </span>quota scadente e<span class=\"_ _0\"></span>ntro l\u2019anno<span class=\"_ _0\"></span> dei finanz<span class=\"_ _0\"></span>iamenti del<span class=\"_ _0\"></span>la Descam<span class=\"_ _0\"></span>ps S.A.S.<span class=\"_ _0\"></span> pari <span class=\"_ _0\"></span>a 1.277 mi<span class=\"_ _0\"></span>gliaia d<span class=\"_ _0\"></span>i Euro e quella relat<span class=\"_ _0\"></span>iva ai debiti ve<span class=\"_ _0\"></span>rso altri finanzi<span class=\"_ _0\"></span>atori per Lea<span class=\"_ _0\"></span>se pari a 7.776<span class=\"_ _0\"></span> migliaia di Eur<span class=\"_ _0\"></span>o.  Il <span class=\"_ _14\"> </span>debito <span class=\"_ _14\"> </span>finanziari<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>orrente <span class=\"_ _b\"> </span>com<span class=\"_ _0\"></span>prende <span class=\"_ _14\"> </span>la <span class=\"_ _8\"> </span>quota <span class=\"_ _14\"> </span>non <span class=\"_ _14\"> </span>corre<span class=\"_ _0\"></span>nte <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontratt<span class=\"_ _0\"></span>o <span class=\"_ _14\"> </span>di finanziamento <span class=\"_ _5\"> </span>della <span class=\"_ _5\"></span>Capo<span class=\"_ _0\"></span>gruppo<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>Illim<span class=\"_ _0\"></span>ity <span class=\"_ _5\"></span>Bank <span class=\"_ _5\"></span>S.p.A.<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>per <span class=\"_ _5\"></span>13.305<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>la quota <span class=\"_ _8\"> </span>a <span class=\"_ _9\"> </span>medio-lungo <span class=\"_ _9\"> </span>t<span class=\"_ _0\"></span>ermine <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>finanziament<span class=\"_ _0\"></span>o <span class=\"_ _8\"> </span>C<span class=\"_ _0\"></span>OVID-19 <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _8\"> </span>co<span class=\"_ _0\"></span>ntrollata <span class=\"_ _8\"> </span>Bass<span class=\"_ _0\"></span>etti Schweiz <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>33 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>CHF <span class=\"_ _3\"></span>(338 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro) <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>scadente <span class=\"_ _3\"></span>oltre <span class=\"_ _3\"></span>l\u2019anno<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i finanziamenti<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>Descamps <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>ari <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>2.802 <span class=\"_ _e\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _e\"> </span>di <span class=\"_ _f\"> </span>Euro. <span class=\"_ _e\"> </span>\u00c8 <span class=\"_ _e\"> </span>compres<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>inoltre, <span class=\"_ _e\"> </span>la <span class=\"_ _f\"> </span>quota <span class=\"_ _e\"> </span>non corrente dei <span class=\"_ _0\"></span>debiti verso alt<span class=\"_ _0\"></span>ri finanziatori<span class=\"_ _0\"></span> per Lease <span class=\"_ _0\"></span>pari a 28.664 <span class=\"_ _0\"></span>migliaia d<span class=\"_ _0\"></span>i Euro.  I <span class=\"_ _d\"></span>debit<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ommercia<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>e <span class=\"_ _5\"></span>altri <span class=\"_ _5\"></span>debiti <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>correnti <span class=\"_ _5\"></span>inclu<span class=\"_ _0\"></span>dono <span class=\"_ _5\"></span>i <span class=\"_ _d\"></span>versa<span class=\"_ _0\"></span>menti <span class=\"_ _5\"></span>Irpef <span class=\"_ _5\"></span>(423 <span class=\"_ _5\"> </span>migliaia <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> Euro), <span class=\"_ _d\"></span>dovuti <span class=\"_ _5\"></span>nell\u2019ann<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>201<span class=\"_ _0\"></span>5, <span class=\"_ _d\"></span>esistenti <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>data <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>deposito <span class=\"_ _5\"> </span>della <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>omand<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>mmissione ex <span class=\"_ _f\"> </span>art.161, <span class=\"_ _f\"> </span>sesto <span class=\"_ _f\"> </span>com<span class=\"_ _0\"></span>ma, <span class=\"_ _f\"> </span>della <span class=\"_ _f\"> </span>L.F. <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>rateizzati <span class=\"_ _f\"> </span>fino<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>settembre <span class=\"_ _f\"> </span>2026. <span class=\"_ _1\"> </span>Sono <span class=\"_ _f\"> </span>compresi inoltre, <span class=\"_ _e\"> </span>3.<span class=\"_ _0\"></span>627 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>riferiti <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _e\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _e\"> </span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>debiti fiscali e contr<span class=\"_ _0\"></span>ibutivi. In <span class=\"_ _0\"></span>merito <span class=\"_ _3\"></span>all\u2019andamento <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>posizione <span class=\"_ _3\"></span>finanziaria <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>etta <span class=\"_ _3\"></span>si <span class=\"_ _0\"></span>rinvia <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>quant<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dett<span class=\"_ _0\"></span>agliatamente<span class=\"_ _0\"></span> descritto nella re<span class=\"_ _0\"></span>lazione sul<span class=\"_ _0\"></span>la gestione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__83": {
   "value": "Nota 21 DEBITI COMMERCIALI E ALTRI DEBITI Debiti verso fornitori I <span class=\"_ _f\"> </span>debiti <span class=\"_ _f\"> </span>comm<span class=\"_ _0\"></span>erciali <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>gli <span class=\"_ _1\"> </span>altri <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ebiti <span class=\"_ _f\"> </span>ammo<span class=\"_ _0\"></span>ntano <span class=\"_ _f\"> </span>comples<span class=\"_ _0\"></span>sivamente <span class=\"_ _f\"> </span>a <span class=\"_ _1\"> </span>40.538 <span class=\"_ _f\"> </span>migliaia <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i Euro (27.113 m<span class=\"_ _0\"></span>igliaia di E<span class=\"_ _0\"></span>uro al 31 dicem<span class=\"_ _0\"></span>bre 2021) e s<span class=\"_ _0\"></span>ono cos\u00ec co<span class=\"_ _0\"></span>mposti: 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Corrente24.53620.038Non corrent<span class=\"_ _0\"></span>e686Totale A25.22220.038I debiti verso forn<span class=\"_ _0\"></span>itori relativ<span class=\"_ _0\"></span>i al gruppo Des<span class=\"_ _0\"></span>camps sono<span class=\"_ _0\"></span> pari a 2.758 <span class=\"_ _0\"></span>migliaia di <span class=\"_ _0\"></span>Euro. Analizzando<span class=\"_ _0\"></span> <span class=\"_\"> </span>la <span class=\"_ _1\"> </span>suddiv<span class=\"_ _0\"></span>isione <span class=\"_\"> </span>per <span class=\"_ _1\"> </span>ar<span class=\"_ _0\"></span>ea <span class=\"_\"> </span>geografica <span class=\"_\"> </span>dei <span class=\"_\"> </span>debiti <span class=\"_\"> </span>commerciali, <span class=\"_\"> </span>si <span class=\"_\"> </span>e<span class=\"_ _2\"></span>videnziano debiti ver<span class=\"_ _0\"></span>so <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i ap<span class=\"_ _0\"></span>partenenti <span class=\"_ _0\"></span>all\u2019area <span class=\"_ _0\"></span>europea <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>esclusa <span class=\"_ _0\"></span>Ita<span class=\"_ _0\"></span>lia) p<span class=\"_ _0\"></span>er 6.0<span class=\"_ _0\"></span>43 m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro di <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>2.<span class=\"_ _0\"></span>536 <span class=\"_ _f\"> </span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _f\"> </span>relativ<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>al <span class=\"_ _f\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _f\"> </span>D<span class=\"_ _0\"></span>escamps <span class=\"_ _f\"> </span>(<span class=\"_ _0\"></span>4.899 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>31 dicembre <span class=\"_ _e\"> </span>2021) <span class=\"_ _e\"> </span>e <span class=\"_ _5\"></span>verso <span class=\"_ _e\"> </span>fornitori <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>ppartene<span class=\"_ _0\"></span>nti <span class=\"_ _5\"> </span>a <span class=\"_ _e\"> </span>Paesi <span class=\"_ _e\"> </span>extra <span class=\"_ _e\"> </span>Europa <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>3.121 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di Euro <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>cui <span class=\"_ _e\"> </span>208 <span class=\"_ _5\"></span>miglia<span class=\"_ _0\"></span>ia <span class=\"_ _5\"> </span>d <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>riferiti <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _5\"> </span>grupp<span class=\"_ _0\"></span>o <span class=\"_ _5\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>2.342 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>al <span class=\"_ _e\"> </span>31 dicembre 2021). T<span class=\"_ _0\"></span>utti gli altr<span class=\"_ _0\"></span>i debiti sono r<span class=\"_ _0\"></span>elativi a cred<span class=\"_ _0\"></span>itori italiani. Alla <span class=\"_ _3\"></span>da<span class=\"_ _0\"></span>ta <span class=\"_ _d\"></span>odierna <span class=\"_ _d\"></span>non <span class=\"_ _d\"></span>v<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>sono <span class=\"_ _d\"></span>azioni <span class=\"_ _d\"></span>in <span class=\"_ _5\"></span>corso <span class=\"_ _d\"></span>(decr<span class=\"_ _0\"></span>eti <span class=\"_ _3\"></span>ingiuntiv<span class=\"_ _0\"></span>i, <span class=\"_ _3\"></span>etc<span class=\"_ _0\"></span>.) <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>parte <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>creditori del <span class=\"_ _f\"> </span>Gruppo. <span class=\"_ _1\"> </span>Si <span class=\"_ _f\"> </span>evidenzia <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>nfine <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _f\"> </span>vi <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>par<span class=\"_ _0\"></span>ticolari <span class=\"_ _1\"> </span>concentrazioni <span class=\"_ _f\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>volumi <span class=\"_ _f\"> </span>di acquisti <span class=\"_ _d\"></span>verso <span class=\"_ _5\"></span>uno <span class=\"_ _d\"></span>o <span class=\"_ _d\"></span>poc<span class=\"_ _0\"></span>hi <span class=\"_ _d\"></span>fornitor<span class=\"_ _0\"></span>i. <span class=\"_ _d\"></span>Per <span class=\"_ _d\"></span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _d\"></span>riguarda <span class=\"_ _d\"></span>l\u2019es<span class=\"_ _0\"></span>posizione <span class=\"_ _d\"></span>al <span class=\"_ _5\"></span>rischio <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>ambio verso fornitori s<span class=\"_ _0\"></span>i rinvia alla <span class=\"_ _0\"></span>nota 6.2.3. <span class=\"_ _0\"></span> I debiti verso forn<span class=\"_ _0\"></span>itori non s<span class=\"_ _0\"></span>ono soggett<span class=\"_ _0\"></span>i ad interes<span class=\"_ _0\"></span>si. Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>bilancio <span class=\"_ _0\"></span>l\u2019es<span class=\"_ _0\"></span>posizione <span class=\"_ _3\"></span>debitoria <span class=\"_ _0\"></span>scaduta <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>nei <span class=\"_ _0\"></span>confronti dei fornitori \u00e8 c<span class=\"_ _0\"></span>os\u00ec rappres<span class=\"_ _0\"></span>entata:<span class=\"_ _0\"></span> \uf0a7<span class=\"ff2 sc0\"> <span class=\"_ _64\"> </span><span class=\"ff3\"> 4.110 migliaia di E<span class=\"_ _0\"></span>uro scaduti da 1-30 <span class=\"_ _0\"></span>giorni   (3.3<span class=\"_ _0\"></span>38 migliaia a<span class=\"_ _0\"></span>l 31 dicembre 20<span class=\"_ _0\"></span>21);  </span></span>\uf0a7<span class=\"ff2 sc0\"> <span class=\"_ _64\"> </span><span class=\"ff3\"> 2.259 migliaia di E<span class=\"_ _0\"></span>uro scaduti da 31-6<span class=\"_ _0\"></span>0 giorni (1.3<span class=\"_ _0\"></span>78 migliaia al 31<span class=\"_ _0\"></span> dicembre 20<span class=\"_ _0\"></span>21); </span></span>\uf0a7<span class=\"ff2 sc0\"> <span class=\"_ _64\"> </span><span class=\"ff3\"> 6.383 migliaia di E<span class=\"_ _0\"></span>uro scaduti oltre 60<span class=\"_ _0\"></span> giorni   (2.<span class=\"_ _0\"></span>538 migliaia a<span class=\"_ _0\"></span>l 31 dicembre 20<span class=\"_ _0\"></span>21).  <span class=\"_ _0\"></span> </span></span>Debiti verso imprese collegate Alla <span class=\"_ _a\"> </span>data <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>31 <span class=\"_ _a\"> </span>dic<span class=\"_ _0\"></span>embre <span class=\"_ _a\"> </span>2022 <span class=\"_ _a\"> </span>si <span class=\"_ _a\"> </span>riferiscono <span class=\"_ _a\"> </span>interamente <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>debiti <span class=\"_ _a\"> </span>verso <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>societ\u00e0 collegata Intes<span class=\"_ _0\"></span>a S.r.l., cos<span class=\"_ _0\"></span>\u00ec come al 3<span class=\"_ _0\"></span>1 dicembre 20<span class=\"_ _0\"></span>21. 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Corrente8444Non corrent<span class=\"_ _0\"></span>e--Totale B8444Debiti verso altri 31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.2022(in migliaia di euro)CorrenteSalari e s<span class=\"_ _0\"></span>tipendi<span class=\"_ _0\"></span> da pa<span class=\"_ _0\"></span>gare di co<span class=\"_ _0\"></span>mpetenza dicembre<span class=\"_ _0\"></span>, ferie<span class=\"_ _0\"></span>, e premi<span class=\"_ _0\"></span> maturati3.697<span class=\"_ _17a\"></span>        <span class=\"_ _0\"></span>              <span class=\"_ _dd\"> </span>2.431<span class=\"_ _17b\"></span>   <span class=\"_ _0\"></span>           <span class=\"_ _0\"></span>       Debiti e a<span class=\"_ _0\"></span>ntici<span class=\"_ _0\"></span>pi da cli<span class=\"_ _0\"></span>enti1.055172Debiti vers<span class=\"_ _0\"></span>o istituti<span class=\"_ _0\"></span> previdenzia<span class=\"_ _0\"></span>li3.3211.044IVA268705Irpef per d<span class=\"_ _0\"></span>ipendent<span class=\"_ _0\"></span>i634616Altri debi<span class=\"_ _0\"></span>ti2.8931.341Totale ( B)11.86<span class=\"_ _0\"></span>86.309Non correnteDebiti vers<span class=\"_ _0\"></span>o istituti<span class=\"_ _0\"></span> previdenzia<span class=\"_ _0\"></span>li907-Altri debi<span class=\"_ _0\"></span>ti2.457722Totale (C)3.364722Totale (B+C)15.23<span class=\"_ _0\"></span>27.031L\u2019incremento <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>biti <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>salari <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>stipendi,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _0\"></span>clienti <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>biti <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>evidenziali \u00e8 <span class=\"_ _f\"> </span>da <span class=\"_ _1\"> </span>rico<span class=\"_ _0\"></span>ndurre <span class=\"_ _1\"> </span>alla <span class=\"_ _f\"> </span>n<span class=\"_ _0\"></span>uova <span class=\"_ _1\"> </span>controllata<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _1\"> </span>che <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>entrata <span class=\"_ _1\"> </span>a <span class=\"_ _f\"> </span>f<span class=\"_ _0\"></span>ar <span class=\"_ _1\"> </span>parte <span class=\"_ _1\"> </span>dell\u2019area <span class=\"_ _1\"> </span>di consolidament<span class=\"_ _0\"></span>o a <span class=\"_ _0\"></span>partire <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>luglio <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>(salari e<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>ipendi <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>869 <span class=\"_ _0\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro, d<span class=\"_ _0\"></span>ebiti verso clienti per<span class=\"_ _0\"></span> 843 migliaia di<span class=\"_ _0\"></span> Euro e deb<span class=\"_ _0\"></span>iti previdenz<span class=\"_ _0\"></span>iali per 2.371 <span class=\"_ _0\"></span>migliaia di Eu<span class=\"_ _0\"></span>ro). Con <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>imento <span class=\"_\"> </span>ai <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>ebiti <span class=\"_ _1\"> </span>tr<span class=\"_ _0\"></span>ibutari <span class=\"_\"> </span>non <span class=\"_ _1\"> </span>correnti, <span class=\"_\"> </span>la <span class=\"_\"> </span>Capogruppo <span class=\"_\"> </span>ha <span class=\"_ _1\"> </span>inoltrato <span class=\"_\"> </span>domande <span class=\"_\"> </span>di rateazione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>debiti <span class=\"_ _0\"></span>IR<span class=\"_ _0\"></span>PEF <span class=\"_ _0\"></span>esist<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>deposito <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>domanda <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>ammissione <span class=\"_ _3\"></span>ex art. <span class=\"_ _b\"> </span>161, <span class=\"_ _b\"> </span>sesto <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>omma, <span class=\"_ _14\"> </span>della <span class=\"_ _b\"> </span>L.F..<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>Per <span class=\"_ _b\"> </span>tali <span class=\"_ _b\"> </span>de<span class=\"_ _0\"></span>biti <span class=\"_ _b\"> </span>sono <span class=\"_ _b\"> </span>gi\u00e0 <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>tati <span class=\"_ _b\"> </span>definiti <span class=\"_ _b\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _b\"> </span>piani <span class=\"_ _b\"> </span>di ammortamento <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>pagamenti <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ltima <span class=\"_ _3\"></span>scadenza <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ettembre <span class=\"_ _3\"></span>2026 (423 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di<span class=\"_ _0\"></span> <span class=\"_\"> </span>Euro). <span class=\"_\"> </span>Sono <span class=\"_\"> </span>co<span class=\"_ _0\"></span>mpresi <span class=\"_\"> </span>inoltre<span class=\"_ _0\"></span>, <span class=\"_\"> </span>3.627 <span class=\"_\"> </span>migliaia <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>i <span class=\"_\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_\"> </span>riferiti <span class=\"_\"> </span>al <span class=\"_\"> </span>grupp<span class=\"_ _0\"></span>o Descamps princ<span class=\"_ _0\"></span>ipalmente r<span class=\"_ _0\"></span>elativi a debit<span class=\"_ _0\"></span>i fiscali e contr<span class=\"_ _0\"></span>ibutivi. Gli <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ebiti <span class=\"_ _3\"></span>correnti <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mprendono <span class=\"_ _3\"></span>compe<span class=\"_ _0\"></span>nsi <span class=\"_ _3\"></span>ad <span class=\"_ _3\"></span>amministratori <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1.003 <span class=\"_ _3\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro e sindaci per 52<span class=\"_ _0\"></span> migliaia di <span class=\"_ _0\"></span>Euro. Sono <span class=\"_ _3\"></span>compresi <span class=\"_ _d\"></span>inoltre, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>biti <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>riferisc<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>impeg<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>assunti <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogrupp<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>nei confronti <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019Amministrazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>Comunale <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>Casorezz<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>relativamente <span class=\"_ _f\"> </span>all\u2019esecuzione <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>elle opere d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>urbanizzazione <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>imaria <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>realizzarsi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>conf<span class=\"_ _0\"></span>ormit\u00e0 <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>piano <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>grato d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>intervento interessante <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>recup<span class=\"_ _0\"></span>ero <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019area <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>dustriale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ismessa. <span class=\"_ _d\"></span>Alla <span class=\"_ _3\"></span>data<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _d\"></span>31 <span class=\"_ _3\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _3\"></span>tali impegni <span class=\"_ _a\"> </span>ammontano <span class=\"_ _a\"> </span>ad <span class=\"_ _a\"> </span>u<span class=\"_ _0\"></span>n <span class=\"_ _a\"> </span>importo <span class=\"_ _a\"> </span>preventivato <span class=\"_ _a\"> </span>pari <span class=\"_ _a\"> </span>a <span class=\"_ _a\"> </span>293 <span class=\"_ _a\"> </span>migliaia <span class=\"_ _a\"> </span>di <span class=\"_ _a\"> </span>Euro <span class=\"_ _a\"> </span>garantiti mediante <span class=\"_ _a\"> </span>p<span class=\"_ _2\"></span>olizza <span class=\"_\"> </span>fid<span class=\"_ _0\"></span>eiussoria <span class=\"_\"> </span>di<span class=\"_ _0\"></span> <span class=\"_\"> </span>1.059 <span class=\"_\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>Euro, <span class=\"_\"> </span>nel <span class=\"_\"> </span>rispetto <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_\"> </span>convenzi<span class=\"_ _0\"></span>one sottoscritta con<span class=\"_ _0\"></span> l\u2019Amministr<span class=\"_ _0\"></span>azione Comunal<span class=\"_ _0\"></span>e di Casor<span class=\"_ _0\"></span>ezzo in data 21 mar<span class=\"_ _0\"></span>zo 201<span class=\"_ _0\"></span>1. Totale debiti commerciali e altri debiti 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Totale  (A+B+<span class=\"_ _0\"></span>C)40.53<span class=\"_ _0\"></span>827.113",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__85-1": {
   "value": "Nota 22 CREDITI/DEBITI PER IMPOSTE CORRENTI 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)IRES  a cred<span class=\"_ _0\"></span>ito113IRAP a cred<span class=\"_ _0\"></span>ito1(266)IRES a debi<span class=\"_ _0\"></span>to(15)-IRAP a debi<span class=\"_ _0\"></span>to(80)(58)Erario per i<span class=\"_ _0\"></span>mposte c<span class=\"_ _0\"></span>orrenti a<span class=\"_ _0\"></span> cred<span class=\"_ _0\"></span>ito (debito<span class=\"_ _0\"></span>)(694)(1.589)(787)(1.900)Si segnala che n<span class=\"_ _0\"></span>on vi sono pos<span class=\"_ _0\"></span>izioni debitor<span class=\"_ _0\"></span>ie scadute di n<span class=\"_ _0\"></span>atura tributari<span class=\"_ _0\"></span>a.Nota 23 PASSIVITA\u2019 PER IMPOSTE DIFFERITE<span class=\"fs2 fc5\"> </span>Si <span class=\"_ _3\"></span>ripor<span class=\"_ _0\"></span>tano <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _3\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>passivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _d\"></span>differ<span class=\"_ _0\"></span>ite <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>loro <span class=\"_ _d\"></span>movimentaz<span class=\"_ _0\"></span>ione nel corso de<span class=\"_ _0\"></span>ll\u2019esercizio. Attivit\u00e0<span class=\"_ _a0\"> </span>Passivit\u00e0<span class=\"_ _d4\"> </span>Im<span class=\"_ _0\"></span>porto netto(in migliaia di euro)2022<span class=\"_ _1b\"> </span>20<span class=\"_ _0\"></span>21<span class=\"_ _94\"> </span>2022<span class=\"_ _cc\"> </span>2021<span class=\"_ _2b\"> </span>2<span class=\"_ _0\"></span>022<span class=\"_ _1b\"> </span>202<span class=\"_ _0\"></span>0Immobil<span class=\"_ _0\"></span>i, impia<span class=\"_ _0\"></span>nti e mac<span class=\"_ _0\"></span>chinari<span class=\"_ _17c\"> </span>258<span class=\"_ _4a\"> </span>212<span class=\"_ _cc\"> </span>(5.<span class=\"_ _0\"></span>686)<span class=\"_ _e7\"> </span>(6.408)<span class=\"_ _26\"> </span>(5.428)<span class=\"_ _e7\"> </span>(6.1<span class=\"_ _0\"></span>96)Attivit\u00e0 im<span class=\"_ _0\"></span>materiali<span class=\"_ _17d\"> </span>19<span class=\"_ _ee\"> </span>25<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _18\"> </span>19<span class=\"_ _50\"> </span>25Altre atti<span class=\"_ _0\"></span>vit\u00e0 finanziarie<span class=\"_ _118\"> </span>36<span class=\"_ _ee\"> </span>3<span class=\"_ _0\"></span>6<span class=\"_ _40\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _10a\"> </span>36<span class=\"_ _ee\"> </span>36Crediti co<span class=\"_ _0\"></span>mmercial<span class=\"_ _0\"></span>i ed altri <span class=\"_ _0\"></span>crediti<span class=\"_ _c0\"> </span>1.058<span class=\"_ _6d\"> </span>1.100<span class=\"_ _d2\"> </span>-<span class=\"_ _1f\"> </span>-<span class=\"_ _4a\"> </span>1.058<span class=\"_ _6d\"> </span>1.100Rimanen<span class=\"_ _0\"></span>ze<span class=\"_ _17e\"> </span>1.166<span class=\"_ _6d\"> </span>1.152<span class=\"_ _d2\"> </span>-<span class=\"_ _53\"> </span>(73)<span class=\"_ _167\"> </span>1.166<span class=\"_ _6d\"> </span>1.079Debiti co<span class=\"_ _0\"></span>mmerciali<span class=\"_ _0\"></span> ed altri d<span class=\"_ _0\"></span>ebiti<span class=\"_ _51\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _90\"> </span>-<span class=\"_ _18\"> </span>-Benefici <span class=\"_ _0\"></span>per i di<span class=\"_ _0\"></span>pendenti<span class=\"_ _17f\"> </span>-<span class=\"_ _4a\"> </span>122<span class=\"_ _d0\"> </span>(5<span class=\"_ _0\"></span>0)<span class=\"_ _1f\"> </span>-<span class=\"_ _44\"> </span>(50)<span class=\"_ _4a\"> </span>122Fondo ris<span class=\"_ _0\"></span>chi ed on<span class=\"_ _0\"></span>eri<span class=\"_ _17f\"> </span>3<span class=\"_ _0\"></span>99<span class=\"_ _4a\"> </span>466<span class=\"_ _f9\"> </span>(2<span class=\"_ _0\"></span>5)<span class=\"_ _1f\"> </span>-<span class=\"_ _72\"> </span>374<span class=\"_ _4a\"> </span>466Altro<span class=\"_ _108\"> </span>1<span class=\"_ _1f\"> </span>-<span class=\"_ _cd\"> </span>(4)<span class=\"_ _94\"> </span>(4)<span class=\"_ _27\"> </span>(3)<span class=\"_ _94\"> </span>(4)Perdite fi<span class=\"_ _0\"></span>scali ripo<span class=\"_ _0\"></span>rtate a nuo<span class=\"_ _0\"></span>vo<span class=\"_ _15d\"> </span>945<span class=\"_ _6d\"> </span>1.052<span class=\"_ _d2\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _72\"> </span>945<span class=\"_ _1f\"> </span>-(Attivit\u00e0)/pas<span class=\"_ _0\"></span>sivit\u00e0 per i<span class=\"_ _0\"></span>mposte dif<span class=\"_ _0\"></span>ferite<span class=\"_ _e5\"> </span>3.<span class=\"_ _0\"></span>882<span class=\"_ _6d\"> </span>4.165<span class=\"_ _47\"> </span>(5.765)<span class=\"_ _e7\"> </span>(6.48<span class=\"_ _0\"></span>5)<span class=\"_ _26\"> </span>(1.883)<span class=\"_ _e7\"> </span>(2.320)Imposte <span class=\"_ _0\"></span>differite a<span class=\"_ _0\"></span>ttive non rilevat<span class=\"_ _0\"></span>e<span class=\"_ _12e\"> </span>(2.484)<span class=\"_ _e7\"> </span>(2.092)<span class=\"_ _40\"> </span>-<span class=\"_ _18\"> </span>-<span class=\"_ _34\"> </span>(2.484)<span class=\"_ _e7\"> </span>(2.0<span class=\"_ _0\"></span>92)(Attivit\u00e0)/Pas<span class=\"_ _0\"></span>sivit\u00e0 per i<span class=\"_ _0\"></span>mposte dif<span class=\"_ _0\"></span>ferite nette<span class=\"_ _60\"> </span>1.<span class=\"_ _0\"></span>398<span class=\"_ _6d\"> </span>2.073<span class=\"_ _47\"> </span>(5.765)<span class=\"_ _e7\"> </span>(6.48<span class=\"_ _0\"></span>5)<span class=\"_ _26\"> </span>(4.367)<span class=\"_ _e7\"> </span>(4.412)Attivit\u00e0 per imposte differite(in migliaia di euro)Saldo Rilevate a Rilevate Saldo Rilevate Rilevate nel Saldo 31.12.20CEnel PN31.12.21a CEPN31.12.22Crediti commer<span class=\"_ _0\"></span>ciali1.258<span class=\"_ _81\"> </span>(158)-1.100<span class=\"_ _f1\"> </span>(42)-1.058Rimanenze1.194<span class=\"_ _1b\"> </span>(42)-1.152<span class=\"_ _3b\"> </span>14-1.166Fondo rischi<span class=\"_ _0\"></span> ed oneri274<span class=\"_ _3b\"> </span>192-466<span class=\"_ _f1\"> </span>(67)-399Immobili, im<span class=\"_ _0\"></span>pianti e m<span class=\"_ _0\"></span>acchin<span class=\"_ _0\"></span>ari208<span class=\"_ _50\"> </span>4-212<span class=\"_ _3b\"> </span>46-258Attivit\u00e0 immate<span class=\"_ _0\"></span>riali32<span class=\"_ _167\"> </span>(7)-25<span class=\"_ _1b\"> </span>(6)-19Altre attivit\u00e0 fin<span class=\"_ _0\"></span>anziarie36-<span class=\"_ _a6\"> </span>-36-<span class=\"_ _cf\"> </span>-36Benefici per<span class=\"_ _0\"></span> i dipendenti119<span class=\"_ _1b\"> </span>(43)<span class=\"_ _3b\"> </span>46<span class=\"_ _19\"> </span>122-(122)-Altre minori3<span class=\"_ _53\"> </span>(3)-<span class=\"_ _87\"> </span>-1-<span class=\"_ _180\"> </span>1Perdite fisca<span class=\"_ _0\"></span>li riportate a<span class=\"_ _0\"></span> nuovo <span class=\"_ _16a\"> </span>-1.052-1.052<span class=\"_ _e1\"> </span>(107)-945Attivit\u00e0 per im<span class=\"_ _0\"></span>poste dif<span class=\"_ _0\"></span>ferite non rile<span class=\"_ _0\"></span>vate (*)(2.195)<span class=\"_ _3b\"> </span>103-(2.092)<span class=\"_ _e1\"> </span>(392)-(2.484)Totale attivit\u00e0 per <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>differite9291.098462.073(553)(122)1.398Passivit\u00e0 per impost<span class=\"_ _0\"></span>e differite(in migliaia di euro)Saldo Rilevate a Rilevate Saldo Rilevate Rilevate nel Saldo 31.12.19CEnel PN31.12.20a CEPN31.12.21Immobili, im<span class=\"_ _0\"></span>pianti e m<span class=\"_ _0\"></span>acchin<span class=\"_ _0\"></span>ari(6.509)<span class=\"_ _3b\"> </span>101-(6.408)<span class=\"_ _14c\"> </span>72<span class=\"_ _0\"></span>2-(5.686)Rimanenze(740)<span class=\"_ _3b\"> </span>667-(73)<span class=\"_ _3b\"> </span>73-<span class=\"_ _86\"> </span>-Benefici a d<span class=\"_ _0\"></span>ipendenti<span class=\"_ _121\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-(50)-(50)Debiti com<span class=\"_ _0\"></span>merciali ed a<span class=\"_ _0\"></span>ltri debit<span class=\"_ _0\"></span>i<span class=\"_ _152\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _181\"> </span>-<span class=\"_ _cf\"> </span>-<span class=\"_ _86\"> </span>-Fondo rischi<span class=\"_ _0\"></span> ed oneri<span class=\"_ _182\"> </span>-<span class=\"_ _82\"> </span>-<span class=\"_ _181\"> </span>-<span class=\"_ _14e\"> </span>-(25)-(25)Altre minori<span class=\"_ _176\"> </span>-(4)-(4)-<span class=\"_ _cf\"> </span>-(4)Passivit\u00e0 per i<span class=\"_ _0\"></span>mposte di<span class=\"_ _0\"></span>fferite non ri<span class=\"_ _0\"></span>levate<span class=\"_ _9d\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _a6\"> </span>-<span class=\"_ _40\"> </span>-<span class=\"_ _86\"> </span>-Totale pass<span class=\"_ _0\"></span>ivit\u00e0 per im<span class=\"_ _0\"></span>poste dif<span class=\"_ _0\"></span>ferite(7.249)764-(6.485)720-(5.765)Attivit\u00e0/Passivit\u00e0 per imposte diff<span class=\"_ _0\"></span>erite nette(6.320)<span class=\"_ _17\"> </span>1.862<span class=\"_ _a9\"> </span>46<span class=\"_ _3b\"> </span>(<span class=\"_ _0\"></span>4.412)167<span class=\"_ _8c\"> </span>(122)(4.367)(*) escluso il valore delle perdite fiscali riportate a nuovo del GruppoNon <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>stat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _5\"></span>sulle <span class=\"_ _5\"></span>riserve <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>u<span class=\"_ _0\"></span>tili <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>istribuiti <span class=\"_ _5\"></span>dalle <span class=\"_ _5\"></span>controllate, dal <span class=\"_ _3\"></span>momento <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>ruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>control<span class=\"_ _0\"></span>lare <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>tempistiche<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>dett<span class=\"_ _0\"></span>e riserve ed \u00e8 prob<span class=\"_ _0\"></span>abile che <span class=\"_ _0\"></span>non siano distr<span class=\"_ _0\"></span>ibuite nel prev<span class=\"_ _0\"></span>edibile futuro.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentLiabilitiesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__84": {
   "value": "Nota 22 CREDITI/DEBITI PER IMPOSTE CORRENTI 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)IRES  a cred<span class=\"_ _0\"></span>ito113IRAP a cred<span class=\"_ _0\"></span>ito1(266)IRES a debi<span class=\"_ _0\"></span>to(15)-IRAP a debi<span class=\"_ _0\"></span>to(80)(58)Erario per i<span class=\"_ _0\"></span>mposte c<span class=\"_ _0\"></span>orrenti a<span class=\"_ _0\"></span> cred<span class=\"_ _0\"></span>ito (debito<span class=\"_ _0\"></span>)(694)(1.589)(787)(1.900)Si segnala che n<span class=\"_ _0\"></span>on vi sono pos<span class=\"_ _0\"></span>izioni debitor<span class=\"_ _0\"></span>ie scadute di n<span class=\"_ _0\"></span>atura tributari<span class=\"_ _0\"></span>a.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__90-1": {
   "value": "Nota 24 FONDI PER RISCHI ED ONERI  31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.202<span class=\"_ _0\"></span>2(in migliaia di euro)CorrenteFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni673754Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi899133Altri fond<span class=\"_ _0\"></span>i risc<span class=\"_ _0\"></span>hi--1.572887Non correntiFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni112-Fondo in<span class=\"_ _0\"></span>dennit\u00e0 d<span class=\"_ _0\"></span>i ces<span class=\"_ _0\"></span>sazione d<span class=\"_ _0\"></span>el rapport<span class=\"_ _0\"></span>o di agenzia1.142<span class=\"_ _17a\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _dd\"> </span>1.233<span class=\"_ _17b\"></span>             <span class=\"_ _0\"></span>        Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi1.3542652.6081.498Totale fond<span class=\"_ _0\"></span>o rischi e<span class=\"_ _0\"></span>d oneri4.1802.385Di seguito si pr<span class=\"_ _0\"></span>esenta la m<span class=\"_ _0\"></span>ovimentazione det<span class=\"_ _0\"></span>tagliata d<span class=\"_ _0\"></span>ei fondi per<span class=\"_ _0\"></span> rischi ed oner<span class=\"_ _0\"></span>i:  Fondo rischi Fondo Fondo inden<span class=\"_ _0\"></span>nit\u00e0 Fondo risc<span class=\"_ _0\"></span>hi su ristruttura<span class=\"_ _0\"></span>zionicess.ra<span class=\"_ _0\"></span>pp.  agenziadiversipartecipaz<span class=\"_ _0\"></span>ioni(in migliaia di Euro)Saldi al 31.<span class=\"_ _0\"></span>12.2020<span class=\"_ _183\"> </span>42<span class=\"_ _184\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _163\"> </span>1<span class=\"_ _0\"></span>.146<span class=\"_ _185\"></span>             <span class=\"_ _0\"></span>        <span class=\"_ _31\"> </span>501<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _128\"></span>                 Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>1<span class=\"_ _1d\"> </span>7<span class=\"_ _0\"></span>32<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _ae\"> </span>259<span class=\"_ _185\"></span>               <span class=\"_ _0\"></span>         <span class=\"_ _126\"> </span>-<span class=\"_ _187\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _91\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2021<span class=\"_ _188\"> </span>(20)<span class=\"_ _ce\"> </span>(160)<span class=\"_ _41\"> </span>(105)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>         <span class=\"_ _0\"></span>        Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(12)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2021<span class=\"_ _3f\"> </span>754<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.233<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _31\"> </span>398<span class=\"_ _134\"></span>            <span class=\"_ _0\"></span>    <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>2<span class=\"_ _1d\"> </span>3<span class=\"_ _0\"></span>37<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _18a\"> </span>56<span class=\"_ _185\"></span>                   <span class=\"_ _0\"></span>       <span class=\"_ _43\"> </span>664<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>    <span class=\"_ _0\"></span>             Apporto Descam<span class=\"_ _0\"></span>ps<span class=\"_ _18b\"> </span>121<span class=\"_ _184\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _6e\"> </span>-<span class=\"_ _18c\"></span>             <span class=\"_ _0\"></span>            <span class=\"_ _d2\"> </span>1.<span class=\"_ _0\"></span>472<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>       Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2022<span class=\"_ _10c\"> </span>(427)<span class=\"_ _46\"> </span>(52)<span class=\"_ _41\"> </span>(283)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>                <span class=\"_ _0\"></span> Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(95)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2022<span class=\"_ _3f\"> </span>785<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.142<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _39\"> </span>2<span class=\"_ _0\"></span>.253<span class=\"_ _139\"></span>            <span class=\"_ _0\"></span> <span class=\"_ _58\"> </span>-<span class=\"_ _187\"></span>        <span class=\"_ _0\"></span>         Fondo ristrutturaz<span class=\"_ _0\"></span>ioni L\u2019accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>fon<span class=\"_ _0\"></span>do <span class=\"_ _14\"> </span>ristrutturaz<span class=\"_ _0\"></span>ioni <span class=\"_ _14\"> </span>\u00e8 <span class=\"_ _14\"> </span>ri<span class=\"_ _0\"></span>ferito <span class=\"_ _14\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>incentivi<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>all\u2019esodo <span class=\"_ _8\"> </span>effettuati<span class=\"_ _0\"></span> nell\u2019ambito <span class=\"_ _11\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _11\"> </span>procedur<span class=\"_ _0\"></span>a <span class=\"_ _10\"> </span>di <span class=\"_ _11\"> </span>ristrutt<span class=\"_ _0\"></span>urazione <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _10\"> </span>p<span class=\"_ _0\"></span>osta <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>essere <span class=\"_ _11\"> </span>dalla<span class=\"_ _0\"></span> Capogruppo <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>dalla <span class=\"_ _5\"></span>contro<span class=\"_ _0\"></span>llata <span class=\"_ _d\"></span>Descam<span class=\"_ _0\"></span>ps <span class=\"_ _d\"></span>S.A.<span class=\"_ _0\"></span>S.. <span class=\"_ _d\"></span>Ne<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>cors<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>dell\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>fondo <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>stato utilizzato a seg<span class=\"_ _0\"></span>uito delle us<span class=\"_ _0\"></span>cite del pers<span class=\"_ _0\"></span>onale legato al <span class=\"_ _0\"></span>piano di ristr<span class=\"_ _0\"></span>utturazione.<span class=\"_ _0\"></span><span class=\"ffa\"> </span>Fondo rischi diver<span class=\"_ _0\"></span>si Il <span class=\"_ _3\"></span>fondo <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>increm<span class=\"_ _0\"></span>entato <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>seguito <span class=\"_ _3\"></span>dello <span class=\"_ _3\"></span>stanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _3\"></span>effet<span class=\"_ _0\"></span>tuato <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>un fondo <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dito <span class=\"_ _0\"></span>verso <span class=\"_ _0\"></span>l\u2019erario <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>ito I<span class=\"_ _0\"></span>VA <span class=\"_ _0\"></span>tras<span class=\"_ _0\"></span>ferito <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>Hospitality nel 2016 ed il cui<span class=\"_ _0\"></span> recupero <span class=\"_ _0\"></span>\u00e8 divenuto i<span class=\"_ _0\"></span>mprobabile. <span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>\u201cFondo <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iversi\u201d <span class=\"_ _3\"></span>comprende,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>altri, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>205 <span class=\"_ _3\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro che <span class=\"_ _5\"></span>si <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferisce <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>proces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>verba<span class=\"_ _0\"></span>le <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>constatazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>notificato <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogrup<span class=\"_ _0\"></span>po <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>3 luglio <span class=\"_ _f\"> </span>2009 <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>controllo <span class=\"_ _f\"> </span>sull\u2019esercizio <span class=\"_ _f\"> </span>2006 <span class=\"_ _f\"> </span>e, <span class=\"_ _e\"> </span>succes<span class=\"_ _0\"></span>sivamente, <span class=\"_ _f\"> </span>esteso <span class=\"_ _e\"> </span>agl<span class=\"_ _0\"></span>i esercizi <span class=\"_ _f\"> </span>200<span class=\"_ _0\"></span>4 <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>2005 <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>i <span class=\"_ _f\"> </span>quali <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>av<span class=\"_ _0\"></span>uto <span class=\"_ _1\"> </span>esito <span class=\"_ _f\"> </span>positivo <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>ricorsi presentati. I <span class=\"_ _f\"> </span>rilievi <span class=\"_ _f\"> </span>evidenziati <span class=\"_ _f\"> </span>dall\u2019Ag<span class=\"_ _0\"></span>enzia <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>Entrate <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferis<span class=\"_ _0\"></span>cono <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>una <span class=\"_ _f\"> </span>indebita <span class=\"_ _f\"> </span>deduzione <span class=\"_ _f\"> </span>di perdite <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>credit<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>inerenti, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>finanziam<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rcompany e perdite fisc<span class=\"_ _0\"></span>ali de<span class=\"_ _0\"></span>lle filiali es<span class=\"_ _0\"></span>tere tr<span class=\"_ _0\"></span>amite politica <span class=\"_ _0\"></span>transf<span class=\"_ _0\"></span>er pricing. <span class=\"_ _0\"></span>Sono s<span class=\"_ _0\"></span>tati altres\u00ec<span class=\"_ _0\"></span> contestati costi, <span class=\"_ _e\"> </span>relativi <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>ac<span class=\"_ _0\"></span>quisti <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>ma<span class=\"_ _0\"></span>terie <span class=\"_ _e\"> </span>prime, <span class=\"_ _5\"></span>sos<span class=\"_ _0\"></span>tenuti <span class=\"_ _e\"> </span>con <span class=\"_ _5\"> </span>operator<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>esidenti <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>paes<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>con regime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privilegiat<span class=\"_ _0\"></span>o. I<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>consulente <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>ritie<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>il m<span class=\"_ _0\"></span>aggior <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 fiscale <span class=\"_ _d\"></span>ap<span class=\"_ _0\"></span>paia <span class=\"_ _5\"></span>legato <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>rilievi, <span class=\"_ _5\"></span>sia <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"></span>Ires, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>IVA <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _5\"></span>Irap, <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"></span>alle <span class=\"_ _5\"> </span>ded<span class=\"_ _0\"></span>uzioni <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle perdite <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>sti <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inerent<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ritenen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ongruo <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ppostato <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>bilanci<span class=\"_ _0\"></span>o. Si <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>isa <span class=\"_ _d\"></span>altres\u00ec <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>Commiss<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>Tributaria <span class=\"_ _d\"></span>Pro<span class=\"_ _0\"></span>vinciale <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Milano<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>accolt<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>icorso della <span class=\"_ _3\"></span>Vincenz<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>Zucch<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>estazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sollevate <span class=\"_ _d\"></span>aventi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>ogge<span class=\"_ _0\"></span>tto le o<span class=\"_ _0\"></span>perazioni <span class=\"_ _0\"></span>poste<span class=\"_ _0\"></span> in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>operator<span class=\"_ _0\"></span>i res<span class=\"_ _0\"></span>identi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>paesi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n reg<span class=\"_ _0\"></span>ime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privileg<span class=\"_ _0\"></span>iato, sentenza poi parz<span class=\"_ _0\"></span>ialmente r<span class=\"_ _0\"></span>iformata in C<span class=\"_ _0\"></span>ommissione T<span class=\"_ _0\"></span>ributaria Reg<span class=\"_ _0\"></span>ionale. L\u2019intervenuta<span class=\"_ _0\"></span> novit\u00e0<span class=\"_ _0\"></span> legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in tem<span class=\"_ _0\"></span>a di <span class=\"_ _0\"></span>deduc<span class=\"_ _0\"></span>ibilit\u00e0, <span class=\"_ _0\"></span>ad ogg<span class=\"_ _0\"></span>i inte<span class=\"_ _0\"></span>grale, sa<span class=\"_ _0\"></span>lvo <span class=\"_ _0\"></span>eccezioni, <span class=\"_ _0\"></span>dei costi <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ostenuti <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>poste <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>prese <span class=\"_ _3\"></span>residenti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>Paesi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.d. <span class=\"_ _3\"></span>black <span class=\"_ _0\"></span>list; la pres<span class=\"_ _0\"></span>enza, <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l punto,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>c.d. <span class=\"_ _0\"></span>dopp<span class=\"_ _0\"></span>ia co<span class=\"_ _0\"></span>nforme <span class=\"_ _0\"></span>non<span class=\"_ _0\"></span>ch\u00e9 la <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ircostanza <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>rilievi c<span class=\"_ _0\"></span>on riferimento <span class=\"_ _e\"> </span>ai <span class=\"_ _5\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>societ\u00e0 <span class=\"_ _e\"> </span>Vincenzo <span class=\"_ _e\"> </span>Zucchi <span class=\"_ _e\"> </span>S.p.A. <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>risultata<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>occombente <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>sta<span class=\"_ _0\"></span>ti, dall\u2019Ufficio <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso, <span class=\"_ _3\"></span>annullati <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>autotutela <span class=\"_ _3\"></span>nei <span class=\"_ _0\"></span>periodi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>imposta <span class=\"_ _3\"></span>2004 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>005, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eleme<span class=\"_ _0\"></span>nti che inducono a <span class=\"_ _0\"></span>qualificare med<span class=\"_ _0\"></span>io/basso il risc<span class=\"_ _0\"></span>hio di soc<span class=\"_ _0\"></span>combenza. In <span class=\"_\"> </span>data<span class=\"_ _0\"></span> <span class=\"_\"> </span>21<span class=\"_ _0\"></span> <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2012 <span class=\"_\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _a\"> </span>S.p.A. <span class=\"_\"> </span>ha <span class=\"_\"> </span>r<span class=\"_ _0\"></span>icevuto <span class=\"_ _a\"> </span>notifica <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>avvisi <span class=\"_ _a\"> </span>di accertamento <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>l\u2019anno <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07, <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini <span class=\"_ _0\"></span>IRES,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IVA <span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IRAP, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>l\u2019Agenzia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>Entrate<span class=\"_ _0\"></span> ha <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntestato <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>deducibilit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>sostenut<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>con <span class=\"_ _5\"> </span>op<span class=\"_ _0\"></span>eratori <span class=\"_ _5\"></span>residenti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>paesi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>con <span class=\"_ _5\"></span>regime fiscale <span class=\"_ _e\"> </span>privil<span class=\"_ _0\"></span>egiato, <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>violazione <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>l\u2019art. <span class=\"_ _e\"> </span>11<span class=\"_ _0\"></span>0, <span class=\"_ _e\"> </span>comma<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>10 <span class=\"_ _e\"> </span>TU<span class=\"_ _0\"></span>IR <span class=\"_ _e\"> </span>nonch\u00e9 <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>comp<span class=\"_ _0\"></span>etenza <span class=\"_ _e\"> </span>di alcuni <span class=\"_ _e\"> </span>costi <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>edotti<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>ll\u2019anno <span class=\"_ _e\"> </span>accertato. <span class=\"_ _e\"> </span>La <span class=\"_ _e\"> </span>Commissione <span class=\"_ _e\"> </span>Tr<span class=\"_ _0\"></span>ibutaria <span class=\"_ _e\"> </span>Provinciale <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Milano,<span class=\"_ _0\"></span> con <span class=\"_ _1\"> </span>sentenza <span class=\"_ _1\"> </span>confermata <span class=\"_\"> </span>anche <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>Co<span class=\"_ _0\"></span>mmissione <span class=\"_ _1\"> </span>Tri<span class=\"_ _0\"></span>butaria <span class=\"_ _1\"> </span>Regionale, <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>parz<span class=\"_ _0\"></span>ialmente accolto <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>ricors<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _0\"></span>ann<span class=\"_ _0\"></span>ullando <span class=\"_ _0\"></span>cos\u00ec <span class=\"_ _3\"></span>i riliev<span class=\"_ _0\"></span>i co<span class=\"_ _0\"></span>ncernenti <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>sostenuti <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> operazioni di ac<span class=\"_ _0\"></span>quisto di be<span class=\"_ _0\"></span>ni da fornitor<span class=\"_ _0\"></span>i residenti in <span class=\"_ _0\"></span>Paesi c.d. \u201c<span class=\"_ _0\"></span>black list\u201d.<span class=\"_ _0\"></span> Quanto <span class=\"_ _0\"></span>all\u2019a<span class=\"_ _0\"></span>nno <span class=\"_ _0\"></span>2007, <span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>tre <span class=\"_ _3\"></span>alla ri<span class=\"_ _0\"></span>chiamata <span class=\"_ _0\"></span>novi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>tema <span class=\"_ _3\"></span>di de<span class=\"_ _0\"></span>ducibilit\u00e0 <span class=\"_ _3\"></span>dei cos<span class=\"_ _0\"></span>ti black <span class=\"_ _e\"> </span>list, <span class=\"_ _e\"> </span>evidenziata<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontenzios<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>sere <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>l\u2019anno <span class=\"_ _e\"> </span>2006,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>dev<span class=\"_ _0\"></span>ono <span class=\"_ _e\"> </span>sottolinerars<span class=\"_ _0\"></span>i anche <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>modif<span class=\"_ _0\"></span>iche <span class=\"_ _3\"></span>apportate <span class=\"_ _3\"></span>all\u2019art. <span class=\"_ _3\"></span>1, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>4, <span class=\"_ _0\"></span>d.l<span class=\"_ _0\"></span>gs. <span class=\"_ _0\"></span>n. <span class=\"_ _3\"></span>471/199<span class=\"_ _0\"></span>7, <span class=\"_ _3\"></span>dall\u2019art. <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>5, <span class=\"_ _3\"></span>comma <span class=\"_ _3\"></span>1, lett. <span class=\"_ _f\"> </span>A)<span class=\"_ _0\"></span>, <span class=\"_ _f\"> </span>d.lgs<span class=\"_ _0\"></span>. <span class=\"_ _f\"> </span>15<span class=\"_ _0\"></span>8/2015; <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>ossequio <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>principio <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>favor <span class=\"_ _f\"> </span>rei, <span class=\"_ _1\"> </span>potr\u00e0 <span class=\"_ _1\"> </span>essere <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>chiesta <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>n Cassazione <span class=\"_ _1\"> </span>l\u2019appl<span class=\"_ _0\"></span>icazione <span class=\"_ _1\"> </span>della <span class=\"_\"> </span>n<span class=\"_ _2\"></span>uova <span class=\"_ _1\"> </span>sanzi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>prevista <span class=\"_ _1\"> </span>(in <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>isura <span class=\"_ _1\"> </span>fissa <span class=\"_ _1\"> </span>o, <span class=\"_ _1\"> </span>comunqu<span class=\"_ _0\"></span>e, ridotta) <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>ipotesi <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>errore <span class=\"_ _f\"> </span>nell\u2019applicazi<span class=\"_ _0\"></span>one <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>regole <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompetenza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>costi, <span class=\"_ _f\"> </span>in assenza, <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>specie, <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>dann<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>l\u2019Erario. <span class=\"_ _0\"></span>Anc<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>questo periodo <span class=\"_ _3\"></span>di im<span class=\"_ _0\"></span>posta, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>tanto, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alificarsi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>edio/basso <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>occombenza<span class=\"_ _0\"></span> per la societ\u00e0 V<span class=\"_ _0\"></span>incenzo Zuc<span class=\"_ _0\"></span>chi S.p.A..<span class=\"_ _0\"></span> Ad <span class=\"_ _3\"></span>oggi<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>contenzios<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>relati<span class=\"_ _0\"></span>vi <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>periodi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>\u2019impost<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>2006 <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>07 <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>entram<span class=\"_ _0\"></span>be <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>endenti <span class=\"_ _d\"></span>in Corte di Cas<span class=\"_ _0\"></span>sazione. Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>\u00e8 p<span class=\"_ _0\"></span>arte <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>causa <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>oni l<span class=\"_ _0\"></span>egali <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>controvers<span class=\"_ _0\"></span>ie. <span class=\"_ _0\"></span>Si r<span class=\"_ _0\"></span>itiene <span class=\"_ _0\"></span>tuttavi<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>risoluzion<span class=\"_ _0\"></span>i di <span class=\"_ _d\"></span>tali <span class=\"_ _5\"></span>contr<span class=\"_ _0\"></span>oversie <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>debbano <span class=\"_ _5\"></span>generar<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ilievo <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>isultino <span class=\"_ _5\"></span>gi\u00e0 stanziati apposi<span class=\"_ _0\"></span>ti fondi rischi.<span class=\"_ _0\"></span> Fondo indennit<span class=\"_ _0\"></span>\u00e0 di cessazi<span class=\"_ _0\"></span>one del rapporto <span class=\"_ _0\"></span>di agenz<span class=\"_ _0\"></span>ia Il <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>cessazione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>rap<span class=\"_ _0\"></span>porto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>agen<span class=\"_ _0\"></span>zia <span class=\"_ _d\"></span>rapprese<span class=\"_ _0\"></span>nta <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>attual<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>delle obbligazioni, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ggior <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>capo <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _3\"></span>valutat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tecniche attuariali <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>esprimere <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>benef<span class=\"_ _0\"></span>icio <span class=\"_ _0\"></span>eroga<span class=\"_ _0\"></span>bile <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>termine <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>rapporto<span class=\"_ _0\"></span> di lavoro.  Ai <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ini <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>valutazio<span class=\"_ _0\"></span>ne <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>state <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onside<span class=\"_ _0\"></span>rate <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>seguenti <span class=\"_ _e\"> </span>assunzioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>natura demografica e f<span class=\"_ _0\"></span>inanziaria: 2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>imissi<span class=\"_ _0\"></span>oni volon<span class=\"_ _0\"></span>tarie0,00%0,00%Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>ispens<span class=\"_ _0\"></span>a dal se<span class=\"_ _0\"></span>rvizio10,00<span class=\"_ _0\"></span>%10,00%Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di dec<span class=\"_ _0\"></span>esso Tabelle R.G.48Tabelle R.G.48Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di in<span class=\"_ _0\"></span>abilit\u00e0Tavole InpsTavole InpsTasso di a<span class=\"_ _0\"></span>ttualizzazione3,57%0,29%Il <span class=\"_ _14\"> </span>tas<span class=\"_ _0\"></span>so <span class=\"_ _8\"> </span>annuo <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>attuali<span class=\"_ _0\"></span>zzazione <span class=\"_ _8\"> </span>utilizzato <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la <span class=\"_ _9\"> </span>determinazione <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>valore <span class=\"_ _8\"> </span>attua<span class=\"_ _0\"></span>le dell\u2019obbligazione <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _e\"> </span>desunto <span class=\"_ _5\"></span>dall\u2019indice <span class=\"_ _5\"> </span>I<span class=\"_ _0\"></span>boxx <span class=\"_ _5\"></span>Cor<span class=\"_ _0\"></span>porate <span class=\"_ _5\"></span>AA <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>relazione <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>duration del collettivo.<span class=\"_ _0\"></span> Al <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>vita <span class=\"_ _3\"></span>lavorat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>residua <span class=\"_ _3\"></span>med<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>agent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>stata <span class=\"_ _3\"></span>consid<span class=\"_ _0\"></span>erata <span class=\"_ _3\"></span>l\u2019et\u00e0 terminale di 6<span class=\"_ _0\"></span>5 anni.Nota 25 BENEFICI AI DIPENDENTI Con <span class=\"_ _d\"></span>riferimento <span class=\"_ _d\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _d\"></span>alle <span class=\"_ _d\"></span>controllate <span class=\"_ _d\"></span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>D<span class=\"_ _0\"></span>escamps, <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>tratt<span class=\"_ _0\"></span>amento <span class=\"_ _d\"></span>di fine <span class=\"_ _3\"></span>rapporto <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>lavoro <span class=\"_ _3\"></span>sub<span class=\"_ _0\"></span>ordinato <span class=\"_ _3\"></span>(che <span class=\"_ _3\"></span>rap<span class=\"_ _0\"></span>presenta <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>copertura <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _d\"></span>emergenti alla <span class=\"_ _d\"></span>chiusura <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>norma <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>vigenti <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span>sposizioni <span class=\"_ _d\"></span>contr<span class=\"_ _0\"></span>attuali <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>materia) <span class=\"_ _d\"></span>rientra nella <span class=\"_ _0\"></span>tipo<span class=\"_ _0\"></span>logia <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>definiti <span class=\"_ _3\"></span>(fino <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2006) <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>quind<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>soggetto <span class=\"_ _0\"></span>a valutazione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>natura<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>attuar<span class=\"_ _0\"></span>iale <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fine <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>espr<span class=\"_ _0\"></span>imere <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>beneficio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>erogabile al termine del r<span class=\"_ _0\"></span>apporto di la<span class=\"_ _0\"></span>voro, che i di<span class=\"_ _0\"></span>pendenti han<span class=\"_ _0\"></span>no maturato<span class=\"_ _0\"></span> alla data de<span class=\"_ _0\"></span>l bilancio. La voce ha avut<span class=\"_ _0\"></span>o la seguen<span class=\"_ _0\"></span>te movimentazi<span class=\"_ _0\"></span>one: (in migliaia di euro)Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>204.751Utilizzi per e<span class=\"_ _0\"></span>rogazioni e <span class=\"_ _0\"></span>trasf.  f<span class=\"_ _0\"></span>.di pens<span class=\"_ _0\"></span>ione(953)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 20<span class=\"_ _0\"></span>211.040Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>214.838Apporto Des<span class=\"_ _0\"></span>camps383Utilizzi per e<span class=\"_ _0\"></span>rogazioni e <span class=\"_ _0\"></span>trasf.  f<span class=\"_ _0\"></span>.di pens<span class=\"_ _0\"></span>ione(1.284)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 20<span class=\"_ _0\"></span>22455Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>224.392Gli <span class=\"_ _14\"> </span>utilizzi <span class=\"_ _14\"> </span>per <span class=\"_ _14\"> </span>er<span class=\"_ _0\"></span>ogazioni <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>riferiscono <span class=\"_ _8\"> </span>prevalentement<span class=\"_ _0\"></span>e <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>persona<span class=\"_ _0\"></span>le <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>oinvolto <span class=\"_ _8\"> </span>nelle procedure di ristr<span class=\"_ _0\"></span>utturazione.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>debito <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dicembre <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>022 <span class=\"_ _3\"></span>compre<span class=\"_ _0\"></span>nde <span class=\"_ _3\"></span>481 <span class=\"_ _3\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>breve <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>21 <span class=\"_ _3\"></span>il debito a breve <span class=\"_ _0\"></span>termine am<span class=\"_ _0\"></span>montava a 493<span class=\"_ _0\"></span> migliaia di Euro. <span class=\"_ _0\"></span> Gli accanton<span class=\"_ _0\"></span>amenti dell\u2019ese<span class=\"_ _0\"></span>rcizio sono c<span class=\"_ _0\"></span>os\u00ec suddivisibili<span class=\"_ _0\"></span>: 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Costo previd<span class=\"_ _0\"></span>enziale1.019846(Provento) one<span class=\"_ _0\"></span>re finanzia<span class=\"_ _0\"></span>rio21(1)(Utile) perdi<span class=\"_ _0\"></span>ta attu<span class=\"_ _0\"></span>ariale(585)1954551.040Il <span class=\"_ _0\"></span>costo <span class=\"_ _3\"></span>previdenziale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>lavoro, <span class=\"_ _0\"></span>mentre <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>provent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nziario <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>incluso nei \u201cProventi f<span class=\"_ _0\"></span>inanziari netti<span class=\"_ _0\"></span>\u201d (vedi Nota 3<span class=\"_ _0\"></span>4). Le principali assunz<span class=\"_ _0\"></span>ioni attuaria<span class=\"_ _0\"></span>li utilizzate n<span class=\"_ _0\"></span>el calcolo s<span class=\"_ _0\"></span>ono le seguenti:<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021Tasso di a<span class=\"_ _0\"></span>ttualizzazione3,57%0,44%Tasso di i<span class=\"_ _0\"></span>nflazione f<span class=\"_ _0\"></span>utura2,30%1,75%Tavola di mo<span class=\"_ _0\"></span>rtalit\u00e0Tabelle R.G.48Tabelle R.G.48Tavola di ina<span class=\"_ _0\"></span>bilit\u00e0INPSINPSTavola di pen<span class=\"_ _0\"></span>sioname<span class=\"_ _0\"></span>nto100% r<span class=\"_ _0\"></span>equisiti<span class=\"_ _0\"></span> AGO100% req<span class=\"_ _0\"></span>uisiti<span class=\"_ _0\"></span> AGOTasso annuo<span class=\"_ _0\"></span> increm<span class=\"_ _0\"></span>ento t.f<span class=\"_ _0\"></span>.r. 3,225<span class=\"_ _0\"></span>0%2,8125%Tasso relati<span class=\"_ _0\"></span>vo alle d<span class=\"_ _0\"></span>imiss<span class=\"_ _0\"></span>ioni5,00%5,00%Il <span class=\"_ _14\"> </span>tas<span class=\"_ _0\"></span>so <span class=\"_ _8\"> </span>annuo <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>attuali<span class=\"_ _0\"></span>zzazione <span class=\"_ _8\"> </span>utilizzato <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la <span class=\"_ _9\"> </span>determinazione <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>valore <span class=\"_ _8\"> </span>attua<span class=\"_ _0\"></span>le dell\u2019obbligazione <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>stato <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>esunto, <span class=\"_ _f\"> </span>coerentement<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>par. <span class=\"_ _f\"> </span>83 <span class=\"_ _f\"> </span>dello <span class=\"_ _f\"> </span>IAS <span class=\"_ _f\"> </span>19, <span class=\"_ _f\"> </span>dall\u2019indice Iboxx <span class=\"_ _e\"> </span>Corporate <span class=\"_ _e\"> </span>AA <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>dur<span class=\"_ _0\"></span>ation <span class=\"_ _e\"> </span>7-10 <span class=\"_ _e\"> </span>rilevato <span class=\"_ _e\"> </span>alla<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>valutazione.<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>A<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>tal <span class=\"_ _e\"> </span>fine <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>\u00e8 scelto <span class=\"_\"> </span>il <span class=\"_\"> </span>rendimento <span class=\"_\"> </span>avente <span class=\"_\"> </span>durata <span class=\"_\"> </span>compara<span class=\"_ _0\"></span>bile <span class=\"_\"> </span>alla <span class=\"_\"> </span>duration <span class=\"_\"> </span>del <span class=\"_\"> </span>collettivo <span class=\"_\"> </span>di <span class=\"_\"> </span>lavoratori oggetto della valut<span class=\"_ _0\"></span>azione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__89": {
   "value": "Nota 24 FONDI PER RISCHI ED ONERI  31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.202<span class=\"_ _0\"></span>2(in migliaia di euro)CorrenteFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni673754Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi899133Altri fond<span class=\"_ _0\"></span>i risc<span class=\"_ _0\"></span>hi--1.572887Non correntiFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni112-Fondo in<span class=\"_ _0\"></span>dennit\u00e0 d<span class=\"_ _0\"></span>i ces<span class=\"_ _0\"></span>sazione d<span class=\"_ _0\"></span>el rapport<span class=\"_ _0\"></span>o di agenzia1.142<span class=\"_ _17a\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _dd\"> </span>1.233<span class=\"_ _17b\"></span>             <span class=\"_ _0\"></span>        Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi1.3542652.6081.498Totale fond<span class=\"_ _0\"></span>o rischi e<span class=\"_ _0\"></span>d oneri4.1802.385Di seguito si pr<span class=\"_ _0\"></span>esenta la m<span class=\"_ _0\"></span>ovimentazione det<span class=\"_ _0\"></span>tagliata d<span class=\"_ _0\"></span>ei fondi per<span class=\"_ _0\"></span> rischi ed oner<span class=\"_ _0\"></span>i:  Fondo rischi Fondo Fondo inden<span class=\"_ _0\"></span>nit\u00e0 Fondo risc<span class=\"_ _0\"></span>hi su ristruttura<span class=\"_ _0\"></span>zionicess.ra<span class=\"_ _0\"></span>pp.  agenziadiversipartecipaz<span class=\"_ _0\"></span>ioni(in migliaia di Euro)Saldi al 31.<span class=\"_ _0\"></span>12.2020<span class=\"_ _183\"> </span>42<span class=\"_ _184\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _163\"> </span>1<span class=\"_ _0\"></span>.146<span class=\"_ _185\"></span>             <span class=\"_ _0\"></span>        <span class=\"_ _31\"> </span>501<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _128\"></span>                 Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>1<span class=\"_ _1d\"> </span>7<span class=\"_ _0\"></span>32<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _ae\"> </span>259<span class=\"_ _185\"></span>               <span class=\"_ _0\"></span>         <span class=\"_ _126\"> </span>-<span class=\"_ _187\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _91\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2021<span class=\"_ _188\"> </span>(20)<span class=\"_ _ce\"> </span>(160)<span class=\"_ _41\"> </span>(105)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>         <span class=\"_ _0\"></span>        Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(12)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2021<span class=\"_ _3f\"> </span>754<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.233<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _31\"> </span>398<span class=\"_ _134\"></span>            <span class=\"_ _0\"></span>    <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>2<span class=\"_ _1d\"> </span>3<span class=\"_ _0\"></span>37<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _18a\"> </span>56<span class=\"_ _185\"></span>                   <span class=\"_ _0\"></span>       <span class=\"_ _43\"> </span>664<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>    <span class=\"_ _0\"></span>             Apporto Descam<span class=\"_ _0\"></span>ps<span class=\"_ _18b\"> </span>121<span class=\"_ _184\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _6e\"> </span>-<span class=\"_ _18c\"></span>             <span class=\"_ _0\"></span>            <span class=\"_ _d2\"> </span>1.<span class=\"_ _0\"></span>472<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>       Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2022<span class=\"_ _10c\"> </span>(427)<span class=\"_ _46\"> </span>(52)<span class=\"_ _41\"> </span>(283)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>                <span class=\"_ _0\"></span> Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(95)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2022<span class=\"_ _3f\"> </span>785<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.142<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _39\"> </span>2<span class=\"_ _0\"></span>.253<span class=\"_ _139\"></span>            <span class=\"_ _0\"></span> <span class=\"_ _58\"> </span>-<span class=\"_ _187\"></span>        <span class=\"_ _0\"></span>         Fondo ristrutturaz<span class=\"_ _0\"></span>ioni L\u2019accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>fon<span class=\"_ _0\"></span>do <span class=\"_ _14\"> </span>ristrutturaz<span class=\"_ _0\"></span>ioni <span class=\"_ _14\"> </span>\u00e8 <span class=\"_ _14\"> </span>ri<span class=\"_ _0\"></span>ferito <span class=\"_ _14\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>incentivi<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>all\u2019esodo <span class=\"_ _8\"> </span>effettuati<span class=\"_ _0\"></span> nell\u2019ambito <span class=\"_ _11\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _11\"> </span>procedur<span class=\"_ _0\"></span>a <span class=\"_ _10\"> </span>di <span class=\"_ _11\"> </span>ristrutt<span class=\"_ _0\"></span>urazione <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _10\"> </span>p<span class=\"_ _0\"></span>osta <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>essere <span class=\"_ _11\"> </span>dalla<span class=\"_ _0\"></span> Capogruppo <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>dalla <span class=\"_ _5\"></span>contro<span class=\"_ _0\"></span>llata <span class=\"_ _d\"></span>Descam<span class=\"_ _0\"></span>ps <span class=\"_ _d\"></span>S.A.<span class=\"_ _0\"></span>S.. <span class=\"_ _d\"></span>Ne<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>cors<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>dell\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>fondo <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>stato utilizzato a seg<span class=\"_ _0\"></span>uito delle us<span class=\"_ _0\"></span>cite del pers<span class=\"_ _0\"></span>onale legato al <span class=\"_ _0\"></span>piano di ristr<span class=\"_ _0\"></span>utturazione.<span class=\"_ _0\"></span><span class=\"ffa\"> </span>Fondo rischi diver<span class=\"_ _0\"></span>si Il <span class=\"_ _3\"></span>fondo <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>increm<span class=\"_ _0\"></span>entato <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>seguito <span class=\"_ _3\"></span>dello <span class=\"_ _3\"></span>stanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _3\"></span>effet<span class=\"_ _0\"></span>tuato <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>un fondo <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dito <span class=\"_ _0\"></span>verso <span class=\"_ _0\"></span>l\u2019erario <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>ito I<span class=\"_ _0\"></span>VA <span class=\"_ _0\"></span>tras<span class=\"_ _0\"></span>ferito <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>Hospitality nel 2016 ed il cui<span class=\"_ _0\"></span> recupero <span class=\"_ _0\"></span>\u00e8 divenuto i<span class=\"_ _0\"></span>mprobabile. <span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>\u201cFondo <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iversi\u201d <span class=\"_ _3\"></span>comprende,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>altri, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>205 <span class=\"_ _3\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro che <span class=\"_ _5\"></span>si <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferisce <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>proces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>verba<span class=\"_ _0\"></span>le <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>constatazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>notificato <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogrup<span class=\"_ _0\"></span>po <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>3 luglio <span class=\"_ _f\"> </span>2009 <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>controllo <span class=\"_ _f\"> </span>sull\u2019esercizio <span class=\"_ _f\"> </span>2006 <span class=\"_ _f\"> </span>e, <span class=\"_ _e\"> </span>succes<span class=\"_ _0\"></span>sivamente, <span class=\"_ _f\"> </span>esteso <span class=\"_ _e\"> </span>agl<span class=\"_ _0\"></span>i esercizi <span class=\"_ _f\"> </span>200<span class=\"_ _0\"></span>4 <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>2005 <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>i <span class=\"_ _f\"> </span>quali <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>av<span class=\"_ _0\"></span>uto <span class=\"_ _1\"> </span>esito <span class=\"_ _f\"> </span>positivo <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>ricorsi presentati. I <span class=\"_ _f\"> </span>rilievi <span class=\"_ _f\"> </span>evidenziati <span class=\"_ _f\"> </span>dall\u2019Ag<span class=\"_ _0\"></span>enzia <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>Entrate <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferis<span class=\"_ _0\"></span>cono <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>una <span class=\"_ _f\"> </span>indebita <span class=\"_ _f\"> </span>deduzione <span class=\"_ _f\"> </span>di perdite <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>credit<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>inerenti, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>finanziam<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rcompany e perdite fisc<span class=\"_ _0\"></span>ali de<span class=\"_ _0\"></span>lle filiali es<span class=\"_ _0\"></span>tere tr<span class=\"_ _0\"></span>amite politica <span class=\"_ _0\"></span>transf<span class=\"_ _0\"></span>er pricing. <span class=\"_ _0\"></span>Sono s<span class=\"_ _0\"></span>tati altres\u00ec<span class=\"_ _0\"></span> contestati costi, <span class=\"_ _e\"> </span>relativi <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>ac<span class=\"_ _0\"></span>quisti <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>ma<span class=\"_ _0\"></span>terie <span class=\"_ _e\"> </span>prime, <span class=\"_ _5\"></span>sos<span class=\"_ _0\"></span>tenuti <span class=\"_ _e\"> </span>con <span class=\"_ _5\"> </span>operator<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>esidenti <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>paes<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>con regime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privilegiat<span class=\"_ _0\"></span>o. I<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>consulente <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>ritie<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>il m<span class=\"_ _0\"></span>aggior <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 fiscale <span class=\"_ _d\"></span>ap<span class=\"_ _0\"></span>paia <span class=\"_ _5\"></span>legato <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>rilievi, <span class=\"_ _5\"></span>sia <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"></span>Ires, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>IVA <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _5\"></span>Irap, <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"></span>alle <span class=\"_ _5\"> </span>ded<span class=\"_ _0\"></span>uzioni <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle perdite <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>sti <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inerent<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ritenen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ongruo <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ppostato <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>bilanci<span class=\"_ _0\"></span>o. Si <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>isa <span class=\"_ _d\"></span>altres\u00ec <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>Commiss<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>Tributaria <span class=\"_ _d\"></span>Pro<span class=\"_ _0\"></span>vinciale <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Milano<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>accolt<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>icorso della <span class=\"_ _3\"></span>Vincenz<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>Zucch<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>estazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sollevate <span class=\"_ _d\"></span>aventi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>ogge<span class=\"_ _0\"></span>tto le o<span class=\"_ _0\"></span>perazioni <span class=\"_ _0\"></span>poste<span class=\"_ _0\"></span> in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>operator<span class=\"_ _0\"></span>i res<span class=\"_ _0\"></span>identi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>paesi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n reg<span class=\"_ _0\"></span>ime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privileg<span class=\"_ _0\"></span>iato, sentenza poi parz<span class=\"_ _0\"></span>ialmente r<span class=\"_ _0\"></span>iformata in C<span class=\"_ _0\"></span>ommissione T<span class=\"_ _0\"></span>ributaria Reg<span class=\"_ _0\"></span>ionale. L\u2019intervenuta<span class=\"_ _0\"></span> novit\u00e0<span class=\"_ _0\"></span> legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in tem<span class=\"_ _0\"></span>a di <span class=\"_ _0\"></span>deduc<span class=\"_ _0\"></span>ibilit\u00e0, <span class=\"_ _0\"></span>ad ogg<span class=\"_ _0\"></span>i inte<span class=\"_ _0\"></span>grale, sa<span class=\"_ _0\"></span>lvo <span class=\"_ _0\"></span>eccezioni, <span class=\"_ _0\"></span>dei costi <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ostenuti <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>poste <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>prese <span class=\"_ _3\"></span>residenti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>Paesi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.d. <span class=\"_ _3\"></span>black <span class=\"_ _0\"></span>list; la pres<span class=\"_ _0\"></span>enza, <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l punto,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>c.d. <span class=\"_ _0\"></span>dopp<span class=\"_ _0\"></span>ia co<span class=\"_ _0\"></span>nforme <span class=\"_ _0\"></span>non<span class=\"_ _0\"></span>ch\u00e9 la <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ircostanza <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>rilievi c<span class=\"_ _0\"></span>on riferimento <span class=\"_ _e\"> </span>ai <span class=\"_ _5\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>societ\u00e0 <span class=\"_ _e\"> </span>Vincenzo <span class=\"_ _e\"> </span>Zucchi <span class=\"_ _e\"> </span>S.p.A. <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>risultata<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>occombente <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>sta<span class=\"_ _0\"></span>ti, dall\u2019Ufficio <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso, <span class=\"_ _3\"></span>annullati <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>autotutela <span class=\"_ _3\"></span>nei <span class=\"_ _0\"></span>periodi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>imposta <span class=\"_ _3\"></span>2004 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>005, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eleme<span class=\"_ _0\"></span>nti che inducono a <span class=\"_ _0\"></span>qualificare med<span class=\"_ _0\"></span>io/basso il risc<span class=\"_ _0\"></span>hio di soc<span class=\"_ _0\"></span>combenza. In <span class=\"_\"> </span>data<span class=\"_ _0\"></span> <span class=\"_\"> </span>21<span class=\"_ _0\"></span> <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2012 <span class=\"_\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _a\"> </span>S.p.A. <span class=\"_\"> </span>ha <span class=\"_\"> </span>r<span class=\"_ _0\"></span>icevuto <span class=\"_ _a\"> </span>notifica <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>avvisi <span class=\"_ _a\"> </span>di accertamento <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>l\u2019anno <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07, <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini <span class=\"_ _0\"></span>IRES,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IVA <span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IRAP, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>l\u2019Agenzia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>Entrate<span class=\"_ _0\"></span> ha <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntestato <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>deducibilit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>sostenut<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>con <span class=\"_ _5\"> </span>op<span class=\"_ _0\"></span>eratori <span class=\"_ _5\"></span>residenti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>paesi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>con <span class=\"_ _5\"></span>regime fiscale <span class=\"_ _e\"> </span>privil<span class=\"_ _0\"></span>egiato, <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>violazione <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>l\u2019art. <span class=\"_ _e\"> </span>11<span class=\"_ _0\"></span>0, <span class=\"_ _e\"> </span>comma<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>10 <span class=\"_ _e\"> </span>TU<span class=\"_ _0\"></span>IR <span class=\"_ _e\"> </span>nonch\u00e9 <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>comp<span class=\"_ _0\"></span>etenza <span class=\"_ _e\"> </span>di alcuni <span class=\"_ _e\"> </span>costi <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>edotti<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>ll\u2019anno <span class=\"_ _e\"> </span>accertato. <span class=\"_ _e\"> </span>La <span class=\"_ _e\"> </span>Commissione <span class=\"_ _e\"> </span>Tr<span class=\"_ _0\"></span>ibutaria <span class=\"_ _e\"> </span>Provinciale <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Milano,<span class=\"_ _0\"></span> con <span class=\"_ _1\"> </span>sentenza <span class=\"_ _1\"> </span>confermata <span class=\"_\"> </span>anche <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>Co<span class=\"_ _0\"></span>mmissione <span class=\"_ _1\"> </span>Tri<span class=\"_ _0\"></span>butaria <span class=\"_ _1\"> </span>Regionale, <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>parz<span class=\"_ _0\"></span>ialmente accolto <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>ricors<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _0\"></span>ann<span class=\"_ _0\"></span>ullando <span class=\"_ _0\"></span>cos\u00ec <span class=\"_ _3\"></span>i riliev<span class=\"_ _0\"></span>i co<span class=\"_ _0\"></span>ncernenti <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>sostenuti <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> operazioni di ac<span class=\"_ _0\"></span>quisto di be<span class=\"_ _0\"></span>ni da fornitor<span class=\"_ _0\"></span>i residenti in <span class=\"_ _0\"></span>Paesi c.d. \u201c<span class=\"_ _0\"></span>black list\u201d.<span class=\"_ _0\"></span> Quanto <span class=\"_ _0\"></span>all\u2019a<span class=\"_ _0\"></span>nno <span class=\"_ _0\"></span>2007, <span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>tre <span class=\"_ _3\"></span>alla ri<span class=\"_ _0\"></span>chiamata <span class=\"_ _0\"></span>novi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>tema <span class=\"_ _3\"></span>di de<span class=\"_ _0\"></span>ducibilit\u00e0 <span class=\"_ _3\"></span>dei cos<span class=\"_ _0\"></span>ti black <span class=\"_ _e\"> </span>list, <span class=\"_ _e\"> </span>evidenziata<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontenzios<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>sere <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>l\u2019anno <span class=\"_ _e\"> </span>2006,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>dev<span class=\"_ _0\"></span>ono <span class=\"_ _e\"> </span>sottolinerars<span class=\"_ _0\"></span>i anche <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>modif<span class=\"_ _0\"></span>iche <span class=\"_ _3\"></span>apportate <span class=\"_ _3\"></span>all\u2019art. <span class=\"_ _3\"></span>1, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>4, <span class=\"_ _0\"></span>d.l<span class=\"_ _0\"></span>gs. <span class=\"_ _0\"></span>n. <span class=\"_ _3\"></span>471/199<span class=\"_ _0\"></span>7, <span class=\"_ _3\"></span>dall\u2019art. <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>5, <span class=\"_ _3\"></span>comma <span class=\"_ _3\"></span>1, lett. <span class=\"_ _f\"> </span>A)<span class=\"_ _0\"></span>, <span class=\"_ _f\"> </span>d.lgs<span class=\"_ _0\"></span>. <span class=\"_ _f\"> </span>15<span class=\"_ _0\"></span>8/2015; <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>ossequio <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>principio <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>favor <span class=\"_ _f\"> </span>rei, <span class=\"_ _1\"> </span>potr\u00e0 <span class=\"_ _1\"> </span>essere <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>chiesta <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>n Cassazione <span class=\"_ _1\"> </span>l\u2019appl<span class=\"_ _0\"></span>icazione <span class=\"_ _1\"> </span>della <span class=\"_\"> </span>n<span class=\"_ _2\"></span>uova <span class=\"_ _1\"> </span>sanzi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>prevista <span class=\"_ _1\"> </span>(in <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>isura <span class=\"_ _1\"> </span>fissa <span class=\"_ _1\"> </span>o, <span class=\"_ _1\"> </span>comunqu<span class=\"_ _0\"></span>e, ridotta) <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>ipotesi <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>errore <span class=\"_ _f\"> </span>nell\u2019applicazi<span class=\"_ _0\"></span>one <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>regole <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompetenza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>costi, <span class=\"_ _f\"> </span>in assenza, <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>specie, <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>dann<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>l\u2019Erario. <span class=\"_ _0\"></span>Anc<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>questo periodo <span class=\"_ _3\"></span>di im<span class=\"_ _0\"></span>posta, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>tanto, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alificarsi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>edio/basso <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>occombenza<span class=\"_ _0\"></span> per la societ\u00e0 V<span class=\"_ _0\"></span>incenzo Zuc<span class=\"_ _0\"></span>chi S.p.A..<span class=\"_ _0\"></span> Ad <span class=\"_ _3\"></span>oggi<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>contenzios<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>relati<span class=\"_ _0\"></span>vi <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>periodi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>\u2019impost<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>2006 <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>07 <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>entram<span class=\"_ _0\"></span>be <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>endenti <span class=\"_ _d\"></span>in Corte di Cas<span class=\"_ _0\"></span>sazione. Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>\u00e8 p<span class=\"_ _0\"></span>arte <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>causa <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>oni l<span class=\"_ _0\"></span>egali <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>controvers<span class=\"_ _0\"></span>ie. <span class=\"_ _0\"></span>Si r<span class=\"_ _0\"></span>itiene <span class=\"_ _0\"></span>tuttavi<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>risoluzion<span class=\"_ _0\"></span>i di <span class=\"_ _d\"></span>tali <span class=\"_ _5\"></span>contr<span class=\"_ _0\"></span>oversie <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>debbano <span class=\"_ _5\"></span>generar<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ilievo <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>isultino <span class=\"_ _5\"></span>gi\u00e0 stanziati apposi<span class=\"_ _0\"></span>ti fondi rischi.<span class=\"_ _0\"></span> Fondo indennit<span class=\"_ _0\"></span>\u00e0 di cessazi<span class=\"_ _0\"></span>one del rapporto <span class=\"_ _0\"></span>di agenz<span class=\"_ _0\"></span>ia Il <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>cessazione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>rap<span class=\"_ _0\"></span>porto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>agen<span class=\"_ _0\"></span>zia <span class=\"_ _d\"></span>rapprese<span class=\"_ _0\"></span>nta <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>attual<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>delle obbligazioni, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ggior <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>capo <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _3\"></span>valutat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tecniche attuariali <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>esprimere <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>benef<span class=\"_ _0\"></span>icio <span class=\"_ _0\"></span>eroga<span class=\"_ _0\"></span>bile <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>termine <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>rapporto<span class=\"_ _0\"></span> di lavoro.  Ai <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ini <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>valutazio<span class=\"_ _0\"></span>ne <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>state <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onside<span class=\"_ _0\"></span>rate <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>seguenti <span class=\"_ _e\"> </span>assunzioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>natura demografica e f<span class=\"_ _0\"></span>inanziaria: 2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>imissi<span class=\"_ _0\"></span>oni volon<span class=\"_ _0\"></span>tarie0,00%0,00%Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>ispens<span class=\"_ _0\"></span>a dal se<span class=\"_ _0\"></span>rvizio10,00<span class=\"_ _0\"></span>%10,00%Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di dec<span class=\"_ _0\"></span>esso Tabelle R.G.48Tabelle R.G.48Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di in<span class=\"_ _0\"></span>abilit\u00e0Tavole InpsTavole InpsTasso di a<span class=\"_ _0\"></span>ttualizzazione3,57%0,29%Il <span class=\"_ _14\"> </span>tas<span class=\"_ _0\"></span>so <span class=\"_ _8\"> </span>annuo <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>attuali<span class=\"_ _0\"></span>zzazione <span class=\"_ _8\"> </span>utilizzato <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la <span class=\"_ _9\"> </span>determinazione <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>valore <span class=\"_ _8\"> </span>attua<span class=\"_ _0\"></span>le dell\u2019obbligazione <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _e\"> </span>desunto <span class=\"_ _5\"></span>dall\u2019indice <span class=\"_ _5\"> </span>I<span class=\"_ _0\"></span>boxx <span class=\"_ _5\"></span>Cor<span class=\"_ _0\"></span>porate <span class=\"_ _5\"></span>AA <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>relazione <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>duration del collettivo.<span class=\"_ _0\"></span> Al <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>vita <span class=\"_ _3\"></span>lavorat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>residua <span class=\"_ _3\"></span>med<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>agent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>stata <span class=\"_ _3\"></span>consid<span class=\"_ _0\"></span>erata <span class=\"_ _3\"></span>l\u2019et\u00e0 terminale di 6<span class=\"_ _0\"></span>5 anni.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__88": {
   "value": "Nota 24 FONDI PER RISCHI ED ONERI  31.12.20<span class=\"_ _0\"></span>21<span class=\"_ _16c\"></span>31.12.202<span class=\"_ _0\"></span>2(in migliaia di euro)CorrenteFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni673754Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi899133Altri fond<span class=\"_ _0\"></span>i risc<span class=\"_ _0\"></span>hi--1.572887Non correntiFondo ris<span class=\"_ _0\"></span>trutturazio<span class=\"_ _0\"></span>ni112-Fondo in<span class=\"_ _0\"></span>dennit\u00e0 d<span class=\"_ _0\"></span>i ces<span class=\"_ _0\"></span>sazione d<span class=\"_ _0\"></span>el rapport<span class=\"_ _0\"></span>o di agenzia1.142<span class=\"_ _17a\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _dd\"> </span>1.233<span class=\"_ _17b\"></span>             <span class=\"_ _0\"></span>        Fondo ris<span class=\"_ _0\"></span>chi <span class=\"_ _0\"></span>diversi1.3542652.6081.498Totale fond<span class=\"_ _0\"></span>o rischi e<span class=\"_ _0\"></span>d oneri4.1802.385Di seguito si pr<span class=\"_ _0\"></span>esenta la m<span class=\"_ _0\"></span>ovimentazione det<span class=\"_ _0\"></span>tagliata d<span class=\"_ _0\"></span>ei fondi per<span class=\"_ _0\"></span> rischi ed oner<span class=\"_ _0\"></span>i:  Fondo rischi Fondo Fondo inden<span class=\"_ _0\"></span>nit\u00e0 Fondo risc<span class=\"_ _0\"></span>hi su ristruttura<span class=\"_ _0\"></span>zionicess.ra<span class=\"_ _0\"></span>pp.  agenziadiversipartecipaz<span class=\"_ _0\"></span>ioni(in migliaia di Euro)Saldi al 31.<span class=\"_ _0\"></span>12.2020<span class=\"_ _183\"> </span>42<span class=\"_ _184\"></span>             <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> <span class=\"_ _163\"> </span>1<span class=\"_ _0\"></span>.146<span class=\"_ _185\"></span>             <span class=\"_ _0\"></span>        <span class=\"_ _31\"> </span>501<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _128\"></span>                 Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>1<span class=\"_ _1d\"> </span>7<span class=\"_ _0\"></span>32<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _ae\"> </span>259<span class=\"_ _185\"></span>               <span class=\"_ _0\"></span>         <span class=\"_ _126\"> </span>-<span class=\"_ _187\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _91\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2021<span class=\"_ _188\"> </span>(20)<span class=\"_ _ce\"> </span>(160)<span class=\"_ _41\"> </span>(105)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>         <span class=\"_ _0\"></span>        Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(12)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2021<span class=\"_ _3f\"> </span>754<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.233<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _31\"> </span>398<span class=\"_ _134\"></span>            <span class=\"_ _0\"></span>    <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>  <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> Accantonam<span class=\"_ _0\"></span>ento del<span class=\"_ _0\"></span>l'esercizio 202<span class=\"_ _0\"></span>2<span class=\"_ _1d\"> </span>3<span class=\"_ _0\"></span>37<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _18a\"> </span>56<span class=\"_ _185\"></span>                   <span class=\"_ _0\"></span>       <span class=\"_ _43\"> </span>664<span class=\"_ _134\"></span>             <span class=\"_ _0\"></span>   <span class=\"_ _186\"> </span>-<span class=\"_ _187\"></span>    <span class=\"_ _0\"></span>             Apporto Descam<span class=\"_ _0\"></span>ps<span class=\"_ _18b\"> </span>121<span class=\"_ _184\"></span>        <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>    <span class=\"_ _6e\"> </span>-<span class=\"_ _18c\"></span>             <span class=\"_ _0\"></span>            <span class=\"_ _d2\"> </span>1.<span class=\"_ _0\"></span>472<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>       Utilizzi  e rilasci<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 2022<span class=\"_ _10c\"> </span>(427)<span class=\"_ _46\"> </span>(52)<span class=\"_ _41\"> </span>(283)<span class=\"_ _90\"> </span>-<span class=\"_ _187\"></span>                <span class=\"_ _0\"></span> Adeguamen<span class=\"_ _0\"></span>to attuariale<span class=\"_ _bc\"> </span>(95)Differenze di co<span class=\"_ _0\"></span>nversione<span class=\"_ _189\"> </span>2<span class=\"_ _134\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span> Saldi al 31.<span class=\"_ _0\"></span>12.2022<span class=\"_ _3f\"> </span>785<span class=\"_ _184\"></span>            <span class=\"_ _0\"></span>             <span class=\"_ _58\"> </span>1.142<span class=\"_ _185\"></span>            <span class=\"_ _0\"></span>         <span class=\"_ _39\"> </span>2<span class=\"_ _0\"></span>.253<span class=\"_ _139\"></span>            <span class=\"_ _0\"></span> <span class=\"_ _58\"> </span>-<span class=\"_ _187\"></span>        <span class=\"_ _0\"></span>         Fondo ristrutturaz<span class=\"_ _0\"></span>ioni L\u2019accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>fon<span class=\"_ _0\"></span>do <span class=\"_ _14\"> </span>ristrutturaz<span class=\"_ _0\"></span>ioni <span class=\"_ _14\"> </span>\u00e8 <span class=\"_ _14\"> </span>ri<span class=\"_ _0\"></span>ferito <span class=\"_ _14\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _14\"> </span>incentivi<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>all\u2019esodo <span class=\"_ _8\"> </span>effettuati<span class=\"_ _0\"></span> nell\u2019ambito <span class=\"_ _11\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _11\"> </span>procedur<span class=\"_ _0\"></span>a <span class=\"_ _10\"> </span>di <span class=\"_ _11\"> </span>ristrutt<span class=\"_ _0\"></span>urazione <span class=\"_ _11\"> </span>del <span class=\"_ _11\"> </span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _10\"> </span>p<span class=\"_ _0\"></span>osta <span class=\"_ _11\"> </span>in <span class=\"_ _11\"> </span>essere <span class=\"_ _11\"> </span>dalla<span class=\"_ _0\"></span> Capogruppo <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>dalla <span class=\"_ _5\"></span>contro<span class=\"_ _0\"></span>llata <span class=\"_ _d\"></span>Descam<span class=\"_ _0\"></span>ps <span class=\"_ _d\"></span>S.A.<span class=\"_ _0\"></span>S.. <span class=\"_ _d\"></span>Ne<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>cors<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>dell\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _5\"></span>fondo <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>stato utilizzato a seg<span class=\"_ _0\"></span>uito delle us<span class=\"_ _0\"></span>cite del pers<span class=\"_ _0\"></span>onale legato al <span class=\"_ _0\"></span>piano di ristr<span class=\"_ _0\"></span>utturazione.<span class=\"_ _0\"></span><span class=\"ffa\"> </span>Fondo rischi diver<span class=\"_ _0\"></span>si Il <span class=\"_ _3\"></span>fondo <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>increm<span class=\"_ _0\"></span>entato <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>seguito <span class=\"_ _3\"></span>dello <span class=\"_ _3\"></span>stanz<span class=\"_ _0\"></span>iamento, <span class=\"_ _3\"></span>effet<span class=\"_ _0\"></span>tuato <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo, <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>un fondo <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>cre<span class=\"_ _0\"></span>dito <span class=\"_ _0\"></span>verso <span class=\"_ _0\"></span>l\u2019erario <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>ito I<span class=\"_ _0\"></span>VA <span class=\"_ _0\"></span>tras<span class=\"_ _0\"></span>ferito <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>controll<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>Hospitality nel 2016 ed il cui<span class=\"_ _0\"></span> recupero <span class=\"_ _0\"></span>\u00e8 divenuto i<span class=\"_ _0\"></span>mprobabile. <span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>\u201cFondo <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iversi\u201d <span class=\"_ _3\"></span>comprende,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>altri, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>accantoname<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>205 <span class=\"_ _3\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro che <span class=\"_ _5\"></span>si <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>iferisce <span class=\"_ _e\"> </span>al <span class=\"_ _5\"> </span>proces<span class=\"_ _0\"></span>so <span class=\"_ _5\"></span>verba<span class=\"_ _0\"></span>le <span class=\"_ _5\"> </span>di <span class=\"_ _e\"> </span>constatazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>notificato <span class=\"_ _e\"> </span>alla <span class=\"_ _5\"> </span>C<span class=\"_ _0\"></span>apogrup<span class=\"_ _0\"></span>po <span class=\"_ _5\"> </span>in <span class=\"_ _e\"> </span>data <span class=\"_ _5\"> </span>3 luglio <span class=\"_ _f\"> </span>2009 <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>un <span class=\"_ _f\"> </span>controllo <span class=\"_ _f\"> </span>sull\u2019esercizio <span class=\"_ _f\"> </span>2006 <span class=\"_ _f\"> </span>e, <span class=\"_ _e\"> </span>succes<span class=\"_ _0\"></span>sivamente, <span class=\"_ _f\"> </span>esteso <span class=\"_ _e\"> </span>agl<span class=\"_ _0\"></span>i esercizi <span class=\"_ _f\"> </span>200<span class=\"_ _0\"></span>4 <span class=\"_ _f\"> </span>e <span class=\"_ _f\"> </span>2005 <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>i <span class=\"_ _f\"> </span>quali <span class=\"_ _f\"> </span>la <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>ociet\u00e0 <span class=\"_ _f\"> </span>ha <span class=\"_ _f\"> </span>av<span class=\"_ _0\"></span>uto <span class=\"_ _1\"> </span>esito <span class=\"_ _f\"> </span>positivo <span class=\"_ _f\"> </span>a <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>ricorsi presentati. I <span class=\"_ _f\"> </span>rilievi <span class=\"_ _f\"> </span>evidenziati <span class=\"_ _f\"> </span>dall\u2019Ag<span class=\"_ _0\"></span>enzia <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>Entrate <span class=\"_ _f\"> </span>si <span class=\"_ _f\"> </span>riferis<span class=\"_ _0\"></span>cono <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>una <span class=\"_ _f\"> </span>indebita <span class=\"_ _f\"> </span>deduzione <span class=\"_ _f\"> </span>di perdite <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>credit<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>inerenti, <span class=\"_ _3\"></span>nonch\u00e9 <span class=\"_ _3\"></span>interessi <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>finanziam<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rcompany e perdite fisc<span class=\"_ _0\"></span>ali de<span class=\"_ _0\"></span>lle filiali es<span class=\"_ _0\"></span>tere tr<span class=\"_ _0\"></span>amite politica <span class=\"_ _0\"></span>transf<span class=\"_ _0\"></span>er pricing. <span class=\"_ _0\"></span>Sono s<span class=\"_ _0\"></span>tati altres\u00ec<span class=\"_ _0\"></span> contestati costi, <span class=\"_ _e\"> </span>relativi <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>ac<span class=\"_ _0\"></span>quisti <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>ma<span class=\"_ _0\"></span>terie <span class=\"_ _e\"> </span>prime, <span class=\"_ _5\"></span>sos<span class=\"_ _0\"></span>tenuti <span class=\"_ _e\"> </span>con <span class=\"_ _5\"> </span>operator<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>esidenti <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>paes<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>con regime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privilegiat<span class=\"_ _0\"></span>o. I<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>consulente <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>ritie<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>il m<span class=\"_ _0\"></span>aggior <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 fiscale <span class=\"_ _d\"></span>ap<span class=\"_ _0\"></span>paia <span class=\"_ _5\"></span>legato <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>rilievi, <span class=\"_ _5\"></span>sia <span class=\"_ _5\"></span>ai <span class=\"_ _5\"></span>fini <span class=\"_ _5\"></span>Ires, <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>IVA <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _5\"></span>Irap, <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"></span>alle <span class=\"_ _5\"> </span>ded<span class=\"_ _0\"></span>uzioni <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle perdite <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>iti <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>altri <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>sti <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _0\"></span>inerent<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>ritenen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ongruo <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ppostato <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>bilanci<span class=\"_ _0\"></span>o. Si <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>isa <span class=\"_ _d\"></span>altres\u00ec <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>Commiss<span class=\"_ _0\"></span>ione <span class=\"_ _d\"></span>Tributaria <span class=\"_ _d\"></span>Pro<span class=\"_ _0\"></span>vinciale <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Milano<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _d\"></span>accolt<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>il <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>icorso della <span class=\"_ _3\"></span>Vincenz<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>Zucch<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>riferi<span class=\"_ _0\"></span>mento <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>estazioni<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sollevate <span class=\"_ _d\"></span>aventi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>ogge<span class=\"_ _0\"></span>tto le o<span class=\"_ _0\"></span>perazioni <span class=\"_ _0\"></span>poste<span class=\"_ _0\"></span> in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>operator<span class=\"_ _0\"></span>i res<span class=\"_ _0\"></span>identi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>paesi <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n reg<span class=\"_ _0\"></span>ime <span class=\"_ _0\"></span>fiscale <span class=\"_ _0\"></span>privileg<span class=\"_ _0\"></span>iato, sentenza poi parz<span class=\"_ _0\"></span>ialmente r<span class=\"_ _0\"></span>iformata in C<span class=\"_ _0\"></span>ommissione T<span class=\"_ _0\"></span>ributaria Reg<span class=\"_ _0\"></span>ionale. L\u2019intervenuta<span class=\"_ _0\"></span> novit\u00e0<span class=\"_ _0\"></span> legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in tem<span class=\"_ _0\"></span>a di <span class=\"_ _0\"></span>deduc<span class=\"_ _0\"></span>ibilit\u00e0, <span class=\"_ _0\"></span>ad ogg<span class=\"_ _0\"></span>i inte<span class=\"_ _0\"></span>grale, sa<span class=\"_ _0\"></span>lvo <span class=\"_ _0\"></span>eccezioni, <span class=\"_ _0\"></span>dei costi <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ostenuti <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>operazioni <span class=\"_ _3\"></span>poste <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _3\"></span>con <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>prese <span class=\"_ _3\"></span>residenti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>Paesi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.d. <span class=\"_ _3\"></span>black <span class=\"_ _0\"></span>list; la pres<span class=\"_ _0\"></span>enza, <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l punto,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>c.d. <span class=\"_ _0\"></span>dopp<span class=\"_ _0\"></span>ia co<span class=\"_ _0\"></span>nforme <span class=\"_ _0\"></span>non<span class=\"_ _0\"></span>ch\u00e9 la <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ircostanza <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ui <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>rilievi c<span class=\"_ _0\"></span>on riferimento <span class=\"_ _e\"> </span>ai <span class=\"_ _5\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>societ\u00e0 <span class=\"_ _e\"> </span>Vincenzo <span class=\"_ _e\"> </span>Zucchi <span class=\"_ _e\"> </span>S.p.A. <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>risultata<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>occombente <span class=\"_ _e\"> </span>sono <span class=\"_ _5\"></span>sta<span class=\"_ _0\"></span>ti, dall\u2019Ufficio <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tesso, <span class=\"_ _3\"></span>annullati <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>autotutela <span class=\"_ _3\"></span>nei <span class=\"_ _0\"></span>periodi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>imposta <span class=\"_ _3\"></span>2004 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>005, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>eleme<span class=\"_ _0\"></span>nti che inducono a <span class=\"_ _0\"></span>qualificare med<span class=\"_ _0\"></span>io/basso il risc<span class=\"_ _0\"></span>hio di soc<span class=\"_ _0\"></span>combenza. In <span class=\"_\"> </span>data<span class=\"_ _0\"></span> <span class=\"_\"> </span>21<span class=\"_ _0\"></span> <span class=\"_\"> </span>dicembre <span class=\"_ _a\"> </span>2012 <span class=\"_\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_\"> </span>Vinc<span class=\"_ _0\"></span>enzo <span class=\"_\"> </span>Z<span class=\"_ _0\"></span>ucchi <span class=\"_ _a\"> </span>S.p.A. <span class=\"_\"> </span>ha <span class=\"_\"> </span>r<span class=\"_ _0\"></span>icevuto <span class=\"_ _a\"> </span>notifica <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>avvisi <span class=\"_ _a\"> </span>di accertamento <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>l\u2019anno <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>07, <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini <span class=\"_ _0\"></span>IRES,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IVA <span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>IRAP, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>l\u2019Agenzia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>Entrate<span class=\"_ _0\"></span> ha <span class=\"_ _d\"></span>co<span class=\"_ _0\"></span>ntestato <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>deducibilit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>sostenut<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>con <span class=\"_ _5\"> </span>op<span class=\"_ _0\"></span>eratori <span class=\"_ _5\"></span>residenti <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>paesi<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>con <span class=\"_ _5\"></span>regime fiscale <span class=\"_ _e\"> </span>privil<span class=\"_ _0\"></span>egiato, <span class=\"_ _e\"> </span>in <span class=\"_ _f\"> </span>violazione <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>l\u2019art. <span class=\"_ _e\"> </span>11<span class=\"_ _0\"></span>0, <span class=\"_ _e\"> </span>comma<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>10 <span class=\"_ _e\"> </span>TU<span class=\"_ _0\"></span>IR <span class=\"_ _e\"> </span>nonch\u00e9 <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>comp<span class=\"_ _0\"></span>etenza <span class=\"_ _e\"> </span>di alcuni <span class=\"_ _e\"> </span>costi <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>edotti<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>ll\u2019anno <span class=\"_ _e\"> </span>accertato. <span class=\"_ _e\"> </span>La <span class=\"_ _e\"> </span>Commissione <span class=\"_ _e\"> </span>Tr<span class=\"_ _0\"></span>ibutaria <span class=\"_ _e\"> </span>Provinciale <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Milano,<span class=\"_ _0\"></span> con <span class=\"_ _1\"> </span>sentenza <span class=\"_ _1\"> </span>confermata <span class=\"_\"> </span>anche <span class=\"_ _f\"> </span>in <span class=\"_ _1\"> </span>Co<span class=\"_ _0\"></span>mmissione <span class=\"_ _1\"> </span>Tri<span class=\"_ _0\"></span>butaria <span class=\"_ _1\"> </span>Regionale, <span class=\"_ _1\"> </span>ha <span class=\"_ _1\"> </span>parz<span class=\"_ _0\"></span>ialmente accolto <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>ricors<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _0\"></span>ann<span class=\"_ _0\"></span>ullando <span class=\"_ _0\"></span>cos\u00ec <span class=\"_ _3\"></span>i riliev<span class=\"_ _0\"></span>i co<span class=\"_ _0\"></span>ncernenti <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>sostenuti <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> operazioni di ac<span class=\"_ _0\"></span>quisto di be<span class=\"_ _0\"></span>ni da fornitor<span class=\"_ _0\"></span>i residenti in <span class=\"_ _0\"></span>Paesi c.d. \u201c<span class=\"_ _0\"></span>black list\u201d.<span class=\"_ _0\"></span> Quanto <span class=\"_ _0\"></span>all\u2019a<span class=\"_ _0\"></span>nno <span class=\"_ _0\"></span>2007, <span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>tre <span class=\"_ _3\"></span>alla ri<span class=\"_ _0\"></span>chiamata <span class=\"_ _0\"></span>novi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>legislat<span class=\"_ _0\"></span>iva <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>tema <span class=\"_ _3\"></span>di de<span class=\"_ _0\"></span>ducibilit\u00e0 <span class=\"_ _3\"></span>dei cos<span class=\"_ _0\"></span>ti black <span class=\"_ _e\"> </span>list, <span class=\"_ _e\"> </span>evidenziata<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>il <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>ontenzios<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>es<span class=\"_ _0\"></span>sere <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>l\u2019anno <span class=\"_ _e\"> </span>2006,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>dev<span class=\"_ _0\"></span>ono <span class=\"_ _e\"> </span>sottolinerars<span class=\"_ _0\"></span>i anche <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>modif<span class=\"_ _0\"></span>iche <span class=\"_ _3\"></span>apportate <span class=\"_ _3\"></span>all\u2019art. <span class=\"_ _3\"></span>1, <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>4, <span class=\"_ _0\"></span>d.l<span class=\"_ _0\"></span>gs. <span class=\"_ _0\"></span>n. <span class=\"_ _3\"></span>471/199<span class=\"_ _0\"></span>7, <span class=\"_ _3\"></span>dall\u2019art. <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>5, <span class=\"_ _3\"></span>comma <span class=\"_ _3\"></span>1, lett. <span class=\"_ _f\"> </span>A)<span class=\"_ _0\"></span>, <span class=\"_ _f\"> </span>d.lgs<span class=\"_ _0\"></span>. <span class=\"_ _f\"> </span>15<span class=\"_ _0\"></span>8/2015; <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>ossequio <span class=\"_ _f\"> </span>al <span class=\"_ _1\"> </span>principio <span class=\"_ _1\"> </span>del <span class=\"_ _1\"> </span>favor <span class=\"_ _f\"> </span>rei, <span class=\"_ _1\"> </span>potr\u00e0 <span class=\"_ _1\"> </span>essere <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>chiesta <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>n Cassazione <span class=\"_ _1\"> </span>l\u2019appl<span class=\"_ _0\"></span>icazione <span class=\"_ _1\"> </span>della <span class=\"_\"> </span>n<span class=\"_ _2\"></span>uova <span class=\"_ _1\"> </span>sanzi<span class=\"_ _0\"></span>one <span class=\"_ _1\"> </span>prevista <span class=\"_ _1\"> </span>(in <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>isura <span class=\"_ _1\"> </span>fissa <span class=\"_ _1\"> </span>o, <span class=\"_ _1\"> </span>comunqu<span class=\"_ _0\"></span>e, ridotta) <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>le <span class=\"_ _f\"> </span>ipotesi <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>errore <span class=\"_ _f\"> </span>nell\u2019applicazi<span class=\"_ _0\"></span>one <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>regole <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>ompetenza<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ei <span class=\"_ _f\"> </span>costi, <span class=\"_ _f\"> </span>in assenza, <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l cas<span class=\"_ _0\"></span>o d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>specie, <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>dann<span class=\"_ _0\"></span>o p<span class=\"_ _0\"></span>er <span class=\"_ _0\"></span>l\u2019Erario. <span class=\"_ _0\"></span>Anc<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>riferiment<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>questo periodo <span class=\"_ _3\"></span>di im<span class=\"_ _0\"></span>posta, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>tanto, <span class=\"_ _0\"></span>dev<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alificarsi <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>edio/basso <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>risc<span class=\"_ _0\"></span>hio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>occombenza<span class=\"_ _0\"></span> per la societ\u00e0 V<span class=\"_ _0\"></span>incenzo Zuc<span class=\"_ _0\"></span>chi S.p.A..<span class=\"_ _0\"></span> Ad <span class=\"_ _3\"></span>oggi<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>contenzios<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>relati<span class=\"_ _0\"></span>vi <span class=\"_ _3\"></span>ai <span class=\"_ _d\"></span>periodi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>\u2019impost<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>2006 <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>07 <span class=\"_ _3\"></span>sono <span class=\"_ _d\"></span>entram<span class=\"_ _0\"></span>be <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>endenti <span class=\"_ _d\"></span>in Corte di Cas<span class=\"_ _0\"></span>sazione. Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>\u00e8 p<span class=\"_ _0\"></span>arte <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>causa <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>oni l<span class=\"_ _0\"></span>egali <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>controvers<span class=\"_ _0\"></span>ie. <span class=\"_ _0\"></span>Si r<span class=\"_ _0\"></span>itiene <span class=\"_ _0\"></span>tuttavi<span class=\"_ _0\"></span>a c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>risoluzion<span class=\"_ _0\"></span>i di <span class=\"_ _d\"></span>tali <span class=\"_ _5\"></span>contr<span class=\"_ _0\"></span>oversie <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>debbano <span class=\"_ _5\"></span>generar<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>ilievo <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>q<span class=\"_ _0\"></span>uali <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>isultino <span class=\"_ _5\"></span>gi\u00e0 stanziati apposi<span class=\"_ _0\"></span>ti fondi rischi.<span class=\"_ _0\"></span> Fondo indennit<span class=\"_ _0\"></span>\u00e0 di cessazi<span class=\"_ _0\"></span>one del rapporto <span class=\"_ _0\"></span>di agenz<span class=\"_ _0\"></span>ia Il <span class=\"_ _d\"></span>fondo <span class=\"_ _d\"></span>indenn<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>cessazione <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>rap<span class=\"_ _0\"></span>porto <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>agen<span class=\"_ _0\"></span>zia <span class=\"_ _d\"></span>rapprese<span class=\"_ _0\"></span>nta <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>valore <span class=\"_ _d\"></span>attual<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>delle obbligazioni, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ggior <span class=\"_ _3\"></span>parte <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>capo <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>Cap<span class=\"_ _0\"></span>ogruppo, <span class=\"_ _3\"></span>valutat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tecniche attuariali <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>esprimere <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>benef<span class=\"_ _0\"></span>icio <span class=\"_ _0\"></span>eroga<span class=\"_ _0\"></span>bile <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>termine <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>rapporto<span class=\"_ _0\"></span> di lavoro.  Ai <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>ini <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>valutazio<span class=\"_ _0\"></span>ne <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>ttuariale <span class=\"_ _5\"> </span>son<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>state <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>onside<span class=\"_ _0\"></span>rate <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>seguenti <span class=\"_ _e\"> </span>assunzioni <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>natura demografica e f<span class=\"_ _0\"></span>inanziaria: 2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>imissi<span class=\"_ _0\"></span>oni volon<span class=\"_ _0\"></span>tarie0,00%0,00%Probabili<span class=\"_ _0\"></span>t\u00e0 di d<span class=\"_ _0\"></span>ispens<span class=\"_ _0\"></span>a dal se<span class=\"_ _0\"></span>rvizio10,00<span class=\"_ _0\"></span>%10,00%Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di dec<span class=\"_ _0\"></span>esso Tabelle R.G.48Tabelle R.G.48Probabili<span class=\"_ _0\"></span>t\u00e0 ann<span class=\"_ _0\"></span>ua di in<span class=\"_ _0\"></span>abilit\u00e0Tavole InpsTavole InpsTasso di a<span class=\"_ _0\"></span>ttualizzazione3,57%0,29%Il <span class=\"_ _14\"> </span>tas<span class=\"_ _0\"></span>so <span class=\"_ _8\"> </span>annuo <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>attuali<span class=\"_ _0\"></span>zzazione <span class=\"_ _8\"> </span>utilizzato <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la <span class=\"_ _9\"> </span>determinazione <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>valore <span class=\"_ _8\"> </span>attua<span class=\"_ _0\"></span>le dell\u2019obbligazione <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _e\"> </span>desunto <span class=\"_ _5\"></span>dall\u2019indice <span class=\"_ _5\"> </span>I<span class=\"_ _0\"></span>boxx <span class=\"_ _5\"></span>Cor<span class=\"_ _0\"></span>porate <span class=\"_ _5\"></span>AA <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>relazione <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _5\"></span>duration del collettivo.<span class=\"_ _0\"></span> Al <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>vita <span class=\"_ _3\"></span>lavorat<span class=\"_ _0\"></span>iva <span class=\"_ _3\"></span>residua <span class=\"_ _3\"></span>med<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>agent<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>stata <span class=\"_ _3\"></span>consid<span class=\"_ _0\"></span>erata <span class=\"_ _3\"></span>l\u2019et\u00e0 terminale di 6<span class=\"_ _0\"></span>5 anni.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__91": {
   "value": "Nota 25 BENEFICI AI DIPENDENTI Con <span class=\"_ _d\"></span>riferimento <span class=\"_ _d\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _d\"></span>alle <span class=\"_ _d\"></span>controllate <span class=\"_ _d\"></span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>D<span class=\"_ _0\"></span>escamps, <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>tratt<span class=\"_ _0\"></span>amento <span class=\"_ _d\"></span>di fine <span class=\"_ _3\"></span>rapporto <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>lavoro <span class=\"_ _3\"></span>sub<span class=\"_ _0\"></span>ordinato <span class=\"_ _3\"></span>(che <span class=\"_ _3\"></span>rap<span class=\"_ _0\"></span>presenta <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>copertura <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _d\"></span>emergenti alla <span class=\"_ _d\"></span>chiusura <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _5\"></span>a <span class=\"_ _d\"></span>norma <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _d\"></span>vigenti <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span>sposizioni <span class=\"_ _d\"></span>contr<span class=\"_ _0\"></span>attuali <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>materia) <span class=\"_ _d\"></span>rientra nella <span class=\"_ _0\"></span>tipo<span class=\"_ _0\"></span>logia <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>definiti <span class=\"_ _3\"></span>(fino <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2006) <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>quind<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>soggetto <span class=\"_ _0\"></span>a valutazione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>natura<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>attuar<span class=\"_ _0\"></span>iale <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fine <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>espr<span class=\"_ _0\"></span>imere <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>attuale <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>beneficio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>erogabile al termine del r<span class=\"_ _0\"></span>apporto di la<span class=\"_ _0\"></span>voro, che i di<span class=\"_ _0\"></span>pendenti han<span class=\"_ _0\"></span>no maturato<span class=\"_ _0\"></span> alla data de<span class=\"_ _0\"></span>l bilancio. La voce ha avut<span class=\"_ _0\"></span>o la seguen<span class=\"_ _0\"></span>te movimentazi<span class=\"_ _0\"></span>one: (in migliaia di euro)Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>204.751Utilizzi per e<span class=\"_ _0\"></span>rogazioni e <span class=\"_ _0\"></span>trasf.  f<span class=\"_ _0\"></span>.di pens<span class=\"_ _0\"></span>ione(953)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 20<span class=\"_ _0\"></span>211.040Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>214.838Apporto Des<span class=\"_ _0\"></span>camps383Utilizzi per e<span class=\"_ _0\"></span>rogazioni e <span class=\"_ _0\"></span>trasf.  f<span class=\"_ _0\"></span>.di pens<span class=\"_ _0\"></span>ione(1.284)Accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span> dell'es<span class=\"_ _0\"></span>ercizio 20<span class=\"_ _0\"></span>22455Debito al <span class=\"_ _0\"></span>31.12.20<span class=\"_ _0\"></span>224.392Gli <span class=\"_ _14\"> </span>utilizzi <span class=\"_ _14\"> </span>per <span class=\"_ _14\"> </span>er<span class=\"_ _0\"></span>ogazioni <span class=\"_ _14\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _14\"> </span>riferiscono <span class=\"_ _8\"> </span>prevalentement<span class=\"_ _0\"></span>e <span class=\"_ _14\"> </span>al <span class=\"_ _14\"> </span>persona<span class=\"_ _0\"></span>le <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>oinvolto <span class=\"_ _8\"> </span>nelle procedure di ristr<span class=\"_ _0\"></span>utturazione.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>debito <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _d\"></span>dicembre <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>022 <span class=\"_ _3\"></span>compre<span class=\"_ _0\"></span>nde <span class=\"_ _3\"></span>481 <span class=\"_ _3\"></span>mig<span class=\"_ _0\"></span>liaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>breve <span class=\"_ _3\"></span>termine<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>21 <span class=\"_ _3\"></span>il debito a breve <span class=\"_ _0\"></span>termine am<span class=\"_ _0\"></span>montava a 493<span class=\"_ _0\"></span> migliaia di Euro. <span class=\"_ _0\"></span> Gli accanton<span class=\"_ _0\"></span>amenti dell\u2019ese<span class=\"_ _0\"></span>rcizio sono c<span class=\"_ _0\"></span>os\u00ec suddivisibili<span class=\"_ _0\"></span>: 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021(in migliaia di euro)Costo previd<span class=\"_ _0\"></span>enziale1.019846(Provento) one<span class=\"_ _0\"></span>re finanzia<span class=\"_ _0\"></span>rio21(1)(Utile) perdi<span class=\"_ _0\"></span>ta attu<span class=\"_ _0\"></span>ariale(585)1954551.040Il <span class=\"_ _0\"></span>costo <span class=\"_ _3\"></span>previdenziale <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>lavoro, <span class=\"_ _0\"></span>mentre <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>provent<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nziario <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>incluso nei \u201cProventi f<span class=\"_ _0\"></span>inanziari netti<span class=\"_ _0\"></span>\u201d (vedi Nota 3<span class=\"_ _0\"></span>4). Le principali assunz<span class=\"_ _0\"></span>ioni attuaria<span class=\"_ _0\"></span>li utilizzate n<span class=\"_ _0\"></span>el calcolo s<span class=\"_ _0\"></span>ono le seguenti:<span class=\"_ _0\"></span> 31.12.20<span class=\"_ _0\"></span>22<span class=\"_ _cf\"> </span>31.12.2<span class=\"_ _0\"></span>021Tasso di a<span class=\"_ _0\"></span>ttualizzazione3,57%0,44%Tasso di i<span class=\"_ _0\"></span>nflazione f<span class=\"_ _0\"></span>utura2,30%1,75%Tavola di mo<span class=\"_ _0\"></span>rtalit\u00e0Tabelle R.G.48Tabelle R.G.48Tavola di ina<span class=\"_ _0\"></span>bilit\u00e0INPSINPSTavola di pen<span class=\"_ _0\"></span>sioname<span class=\"_ _0\"></span>nto100% r<span class=\"_ _0\"></span>equisiti<span class=\"_ _0\"></span> AGO100% req<span class=\"_ _0\"></span>uisiti<span class=\"_ _0\"></span> AGOTasso annuo<span class=\"_ _0\"></span> increm<span class=\"_ _0\"></span>ento t.f<span class=\"_ _0\"></span>.r. 3,225<span class=\"_ _0\"></span>0%2,8125%Tasso relati<span class=\"_ _0\"></span>vo alle d<span class=\"_ _0\"></span>imiss<span class=\"_ _0\"></span>ioni5,00%5,00%Il <span class=\"_ _14\"> </span>tas<span class=\"_ _0\"></span>so <span class=\"_ _8\"> </span>annuo <span class=\"_ _8\"> </span>di <span class=\"_ _9\"> </span>attuali<span class=\"_ _0\"></span>zzazione <span class=\"_ _8\"> </span>utilizzato <span class=\"_ _9\"> </span>per <span class=\"_ _8\"> </span>la <span class=\"_ _9\"> </span>determinazione <span class=\"_ _8\"> </span>del <span class=\"_ _9\"> </span>valore <span class=\"_ _8\"> </span>attua<span class=\"_ _0\"></span>le dell\u2019obbligazione <span class=\"_ _f\"> </span>\u00e8 <span class=\"_ _f\"> </span>stato <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>esunto, <span class=\"_ _f\"> </span>coerentement<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>par. <span class=\"_ _f\"> </span>83 <span class=\"_ _f\"> </span>dello <span class=\"_ _f\"> </span>IAS <span class=\"_ _f\"> </span>19, <span class=\"_ _f\"> </span>dall\u2019indice Iboxx <span class=\"_ _e\"> </span>Corporate <span class=\"_ _e\"> </span>AA <span class=\"_ _e\"> </span>con<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>dur<span class=\"_ _0\"></span>ation <span class=\"_ _e\"> </span>7-10 <span class=\"_ _e\"> </span>rilevato <span class=\"_ _e\"> </span>alla<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>ata <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>valutazione.<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>A<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>tal <span class=\"_ _e\"> </span>fine <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>\u00e8 scelto <span class=\"_\"> </span>il <span class=\"_\"> </span>rendimento <span class=\"_\"> </span>avente <span class=\"_\"> </span>durata <span class=\"_\"> </span>compara<span class=\"_ _0\"></span>bile <span class=\"_\"> </span>alla <span class=\"_\"> </span>duration <span class=\"_\"> </span>del <span class=\"_\"> </span>collettivo <span class=\"_\"> </span>di <span class=\"_\"> </span>lavoratori oggetto della valut<span class=\"_ _0\"></span>azione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__94": {
   "value": "Nota 26 PATRIMONIO NETTO Capitale sociale Il <span class=\"_ _3\"></span>capitale <span class=\"_ _3\"></span>soc<span class=\"_ _0\"></span>iale, <span class=\"_ _3\"></span>sott<span class=\"_ _0\"></span>oscritto <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>17<span class=\"_ _0\"></span>.546.782,5<span class=\"_ _0\"></span>7, <span class=\"_ _3\"></span>interam<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>liber<span class=\"_ _0\"></span>ato, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>uddiviso <span class=\"_ _3\"></span>in numero <span class=\"_\"> </span>3.94<span class=\"_ _0\"></span>2.878 <span class=\"_\"> </span>azioni<span class=\"_ _0\"></span> <span class=\"_\"> </span>ordinarie <span class=\"_ _a\"> </span>quotate, <span class=\"_\"> </span>prive<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_\"> </span>valore <span class=\"_\"> </span>nom<span class=\"_ _0\"></span>inale <span class=\"_\"> </span>aventi <span class=\"_ _a\"> </span>godimento regolare, <span class=\"_ _d\"></span>numero <span class=\"_ _5\"></span>21.388.8<span class=\"_ _0\"></span>88 <span class=\"_ _3\"></span>az<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>ordinarie <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>quotate<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>prive <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>minale <span class=\"_ _d\"></span>av<span class=\"_ _0\"></span>enti godimento re<span class=\"_ _0\"></span>golare. <span class=\"ff2\"> </span>Il <span class=\"_\"> </span>capitale <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ociale <span class=\"_\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_\"> </span>stato <span class=\"_\"> </span>interament<span class=\"_ _0\"></span>e <span class=\"_\"> </span>liberato<span class=\"_ _0\"></span> <span class=\"_\"> </span>nel <span class=\"_\"> </span>mese <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>settembre <span class=\"_\"> </span>20<span class=\"_ _0\"></span>16 <span class=\"_\"> </span>a <span class=\"_\"> </span>seguit<span class=\"_ _0\"></span>o dell\u2019aumento <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>servato, <span class=\"_ _1\"> </span>con <span class=\"_ _f\"> </span>es<span class=\"_ _0\"></span>clusione <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>diritto <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>opz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>ai <span class=\"_ _f\"> </span>sensi <span class=\"_ _1\"> </span>dell\u2019art. 2441, c<span class=\"_ _0\"></span>omma <span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.c., <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span>10 mili<span class=\"_ _0\"></span>oni c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>deliberato <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019assemblea <span class=\"_ _0\"></span>riun<span class=\"_ _0\"></span>ita in <span class=\"_ _f\"> </span>sede<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>straord<span class=\"_ _0\"></span>inaria <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _f\"> </span>data<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>26<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>magg<span class=\"_ _0\"></span>io <span class=\"_ _f\"> </span>2016, <span class=\"_ _1\"> </span>mediante <span class=\"_ _1\"> </span>emissione <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>n. <span class=\"_ _1\"> </span>2.000.000.00<span class=\"_ _0\"></span>0 nuove <span class=\"_ _1\"> </span>azioni<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ord<span class=\"_ _0\"></span>inarie <span class=\"_ _1\"> </span>V<span class=\"_ _0\"></span>incenzo <span class=\"_ _1\"> </span>Zuc<span class=\"_ _0\"></span>chi, <span class=\"_\"> </span>p<span class=\"_ _2\"></span>rive <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>valore <span class=\"_\"> </span>nominale, <span class=\"_\"> </span>aventi <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>medesimo godimento <span class=\"_ _10\"> </span>e <span class=\"_ _10\"> </span>le <span class=\"_ _9\"> </span>m<span class=\"_ _0\"></span>edesime <span class=\"_ _10\"> </span>caratterist<span class=\"_ _0\"></span>iche <span class=\"_ _9\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _10\"> </span>azioni <span class=\"_ _10\"> </span>ordinarie <span class=\"_ _10\"> </span>Vincenzo <span class=\"_ _10\"> </span>Zucchi <span class=\"_ _10\"> </span>in circolazione alla d<span class=\"_ _0\"></span>ata di emiss<span class=\"_ _0\"></span>ione. Riserva legale La riserv<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egale, par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a 55<span class=\"_ _0\"></span>7 mig<span class=\"_ _0\"></span>liaia d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stata <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>tituita <span class=\"_ _0\"></span>accantonando<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>arte leg<span class=\"_ _0\"></span>ale relativa agli ut<span class=\"_ _0\"></span>ili degli eser<span class=\"_ _0\"></span>cizi 2020 e 2021. <span class=\"_ _0\"></span> Riserva IFRS Si <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>isa <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Riserv<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS\u201d, <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>28.510 <span class=\"_ _d\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _5\"></span>dicembre 2010, er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>stata <span class=\"_ _0\"></span>interament<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>azzerata <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>copertura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>elibera <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>24 gennaio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>11. <span class=\"_ _0\"></span>La <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>coglieva <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rett<span class=\"_ _0\"></span>ifiche <span class=\"_ _0\"></span>effett<span class=\"_ _0\"></span>uate <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>alcun<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>bilancio alla d<span class=\"_ _0\"></span>ata d<span class=\"_ _0\"></span>ella <span class=\"_ _0\"></span>transizi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>agli <span class=\"_ _0\"></span>IFRS/IA<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019effetto f<span class=\"_ _0\"></span>iscale. <span class=\"_ _0\"></span>In <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ticolare, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>riserv<span class=\"_ _0\"></span>a era <span class=\"_ _e\"> </span>stata <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>stituita <span class=\"_ _f\"> </span>per <span class=\"_ _e\"> </span>effetto <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>fair<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>value <span class=\"_ _e\"> </span>dei <span class=\"_ _f\"> </span>terreni, <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019applicazione<span class=\"_ _0\"></span> dello <span class=\"_ _3\"></span>IAS<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>17 <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>cespiti <span class=\"_ _d\"></span>acqu<span class=\"_ _0\"></span>isiti <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>suo <span class=\"_ _d\"></span>tempo <span class=\"_ _d\"></span>con <span class=\"_ _d\"></span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _d\"></span>finanziari, <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fair value <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>dispon<span class=\"_ _0\"></span>ibili <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la n<span class=\"_ _0\"></span>egoziazione <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>l\u2019effetto <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutazione attuariale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>benefici <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dipendenti <span class=\"_ _0\"></span>(tr<span class=\"_ _0\"></span>attamento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>rapporto), <span class=\"_ _0\"></span>mentre <span class=\"_ _3\"></span>\u00e8 st<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>addebita<span class=\"_ _0\"></span>ta per <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>storno <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>alcuni <span class=\"_ _5\"> </span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ecede<span class=\"_ _0\"></span>ntemente <span class=\"_ _e\"> </span>iscritti <span class=\"_ _e\"> </span>tra <span class=\"_ _e\"> </span>gli <span class=\"_ _e\"> </span>oneri <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>d <span class=\"_ _5\"> </span>ut<span class=\"_ _0\"></span>ilit\u00e0 <span class=\"_ _e\"> </span>differita,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>cui capitalizzazione no<span class=\"_ _0\"></span>n \u00e8 pi\u00f9 cons<span class=\"_ _0\"></span>entita dai pri<span class=\"_ _0\"></span>ncipi conta<span class=\"_ _0\"></span>bili internazio<span class=\"_ _0\"></span>nali. La <span class=\"_ _0\"></span>riser<span class=\"_ _0\"></span>va <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>agli <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>ionisti <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>poste <span class=\"_ _3\"></span>che hanno <span class=\"_ _f\"> </span>generato <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _f\"> </span>finanziari <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi, <span class=\"_ _f\"> </span>previa <span class=\"_ _f\"> </span>approvazione <span class=\"_ _f\"> </span>dell\u2019assemblea <span class=\"_ _f\"> </span>nei <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>asi <span class=\"_ _e\"> </span>di legge previsti. In <span class=\"_ _3\"></span>particolare, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>segn<span class=\"_ _0\"></span>ala <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ques<span class=\"_ _0\"></span>tione <span class=\"_ _3\"></span>include <span class=\"_ _3\"></span>quella <span class=\"_ _3\"></span>relativa <span class=\"_ _d\"></span>alla <span class=\"_ _3\"></span>valutazione al fair value<span class=\"_ _0\"></span> dei ter<span class=\"_ _0\"></span>reni alla dat<span class=\"_ _0\"></span>a di trans<span class=\"_ _0\"></span>izione (<span class=\"_ _0\"></span>25.149 migliai<span class=\"_ _0\"></span>a di Eur<span class=\"_ _0\"></span>o) che \u00e8 <span class=\"_ _0\"></span>utilizz<span class=\"_ _0\"></span>abile per l\u2019importo di 10.<span class=\"_ _0\"></span>604 migliaia <span class=\"_ _0\"></span>di Euro; ta<span class=\"_ _0\"></span>le quota si r<span class=\"_ _0\"></span>iferisce a terr<span class=\"_ _0\"></span>eni gi\u00e0 ced<span class=\"_ _0\"></span>uti alla d<span class=\"_ _0\"></span>ata del 31 dicembre <span class=\"_ _f\"> </span>2022 <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>plusvalori <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>st<span class=\"_ _0\"></span>ati <span class=\"_ _f\"> </span>realizzati. <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>riserv<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>relativa <span class=\"_ _f\"> </span>alla valutazione <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Fair <span class=\"_ _d\"></span>Value <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>terreni, <span class=\"_ _5\"></span>essendo <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>interamente <span class=\"_ _5\"></span>utilizzata <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>copertur<span class=\"_ _0\"></span>a delle <span class=\"_ _5\"></span>perdite <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>app<span class=\"_ _0\"></span>licazione <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>discip<span class=\"_ _0\"></span>lina <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tabilita <span class=\"_ _5\"></span>dall<span class=\"_ _0\"></span>\u2019art. <span class=\"_ _d\"></span>7, <span class=\"_ _5\"> </span>co<span class=\"_ _0\"></span>mma <span class=\"_ _5\"></span>6, <span class=\"_ _5\"></span>del <span class=\"_ _e\"> </span>D.Lgs. <span class=\"_ _d\"></span>28 febbraio <span class=\"_ _e\"> </span>2005, <span class=\"_ _e\"> </span>n. <span class=\"_ _e\"> </span>38, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _e\"> </span>obbligator<span class=\"_ _0\"></span>iamente <span class=\"_ _e\"> </span>rico<span class=\"_ _0\"></span>stituita, <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>l\u2019utile <span class=\"_ _e\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _e\"> </span>2020, per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>parte <span class=\"_ _e\"> </span>relativa <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>terreni <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_ _e\"> </span>ancora <span class=\"_ _e\"> </span>ced<span class=\"_ _0\"></span>uti <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>16.<span class=\"_ _0\"></span>559 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>net<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>anche delle <span class=\"_\"> </span>successive <span class=\"_ _a\"> </span>riduzioni <span class=\"_\"> </span>di <span class=\"_\"> </span>valore <span class=\"_\"> </span>per <span class=\"_\"> </span>ad<span class=\"_ _0\"></span>eguame<span class=\"_ _0\"></span>nto <span class=\"_\"> </span>al <span class=\"_\"> </span>fair <span class=\"_\"> </span>value) <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_\"> </span>da <span class=\"_\"> </span>Deliber<span class=\"_ _0\"></span>a Assembleare <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>30.04.2<span class=\"_ _0\"></span>021. <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dell\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iminuita <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>16.511 migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>causa <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>effettua<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nell\u2019ambi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dell\u2019app<span class=\"_ _0\"></span>licazione <span class=\"_ _0\"></span>dell<span class=\"_ _0\"></span>o I<span class=\"_ _0\"></span>AS 36 dei terreni di<span class=\"_ _0\"></span> Notaresco <span class=\"_ _0\"></span>e Galliate.  Al 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>ulter<span class=\"_ _0\"></span>iormente<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>idotta <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>4.694 <span class=\"_ _0\"></span>miglia<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> a <span class=\"_ _3\"></span>seguito della vend<span class=\"_ _0\"></span>ita de<span class=\"_ _0\"></span>l compl<span class=\"_ _0\"></span>esso indu<span class=\"_ _0\"></span>striale <span class=\"_ _0\"></span>di No<span class=\"_ _0\"></span>taresco <span class=\"_ _0\"></span>che h<span class=\"_ _0\"></span>a rea<span class=\"_ _0\"></span>lizzato <span class=\"_ _0\"></span>un p<span class=\"_ _0\"></span>lus va<span class=\"_ _0\"></span>lore da<span class=\"_ _0\"></span> fair value <span class=\"_ _c\"> </span>pari <span class=\"_ _12\"> </span>a <span class=\"_ _c\"> </span>1.812 <span class=\"_ _c\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _12\"> </span>di <span class=\"_ _c\"> </span>Euro <span class=\"_ _c\"> </span>e <span class=\"_ _12\"> </span>della <span class=\"_ _c\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _12\"> </span>effettuata <span class=\"_ _12\"> </span>nell\u2019ambito dell\u2019applicazion<span class=\"_ _0\"></span>e dello IAS 36 d<span class=\"_ _0\"></span>el terreno di G<span class=\"_ _0\"></span>alliate p<span class=\"_ _0\"></span>er un importo <span class=\"_ _0\"></span>di 5 migliaia di <span class=\"_ _0\"></span>Euro. Altre riserve Le <span class=\"_ _f\"> </span>altre <span class=\"_ _f\"> </span>riser<span class=\"_ _0\"></span>ve <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>evalentem<span class=\"_ _0\"></span>ente <span class=\"_ _f\"> </span>costitu<span class=\"_ _0\"></span>ite <span class=\"_ _f\"> </span>dalla <span class=\"_ _1\"> </span>differenza <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>i <span class=\"_ _1\"> </span>patrimoni <span class=\"_ _f\"> </span>rettif<span class=\"_ _0\"></span>icati delle societ\u00e0 co<span class=\"_ _0\"></span>nsolidate ed i<span class=\"_ _0\"></span>l relativo <span class=\"_ _0\"></span>valore di carico.<span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>traduzione <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>positiva <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1.616 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>(positiva <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>1.406 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di Euro al 31 dicem<span class=\"_ _0\"></span>bre 2021).<span class=\"_ _0\"></span>  Sezione <span class=\"_ _123\"> </span>D <span class=\"_ _177\"> </span> <span class=\"_ _123\"> </span>NOTE <span class=\"_ _123\"> </span>ALLE <span class=\"_ _177\"> </span>PRINCIPALI <span class=\"_ _123\"> </span>VO<span class=\"_ _0\"></span>CI <span class=\"_ _123\"> </span>DI <span class=\"_ _123\"> </span>BILANCIO <span class=\"_ _123\"> </span>\u2013 <span class=\"_ _177\"> </span>PROSPETTODELL\u2019UTILE/(<span class=\"_ _0\"></span>PERDITA) <span class=\"_ _e\"></span>DELL\u2019ESE<span class=\"_ _0\"></span>RCIZIO <span class=\"_ _e\"> </span>E <span class=\"_ _f\"> </span>DELLE <span class=\"_ _e\"></span>ALTRE <span class=\"_ _f\"> </span>COMPONENTI <span class=\"_ _f\"> </span>DI <span class=\"_ _e\"> </span>CONTO ECONOMICO COMPLES<span class=\"_ _0\"></span>SIVO CONSOLIDATO Si <span class=\"_ _a\"> </span>riport<span class=\"_ _0\"></span>ano <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _b\"> </span>informazioni <span class=\"_ _b\"> </span>sulla <span class=\"_ _b\"> </span>natura <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>pese <span class=\"_ _b\"> </span>incluse <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>prospetto <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>con<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>economicocomplessivo <span class=\"_ _a\"> </span>consolidato <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>alcuni <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ettagli <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_ _a\"> </span>voci <span class=\"_\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>f<span class=\"_ _2\"></span>unzione <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>de<span class=\"_ _2\"></span>lle <span class=\"_ _a\"> </span>altre <span class=\"_\"> </span>com<span class=\"_ _0\"></span>ponenti del prospetto di c<span class=\"_ _0\"></span>onto economi<span class=\"_ _0\"></span>co complessivo c<span class=\"_ _0\"></span>onsolidato<span class=\"_ _0\"></span>. In <span class=\"_ _0\"></span>merito <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>princ<span class=\"_ _0\"></span>ipali v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>esposte <span class=\"_ _3\"></span>nelle <span class=\"_ _0\"></span>voc<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>prosp<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plessivo <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidato si rinvia a qua<span class=\"_ _0\"></span>nto dettagliat<span class=\"_ _0\"></span>amente descr<span class=\"_ _0\"></span>itto nella Rela<span class=\"_ _0\"></span>zione sulla Gest<span class=\"_ _0\"></span>ione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__93": {
   "value": "Nota 26 PATRIMONIO NETTO Capitale sociale Il <span class=\"_ _3\"></span>capitale <span class=\"_ _3\"></span>soc<span class=\"_ _0\"></span>iale, <span class=\"_ _3\"></span>sott<span class=\"_ _0\"></span>oscritto <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>Euro <span class=\"_ _3\"></span>17<span class=\"_ _0\"></span>.546.782,5<span class=\"_ _0\"></span>7, <span class=\"_ _3\"></span>interam<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>liber<span class=\"_ _0\"></span>ato, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>uddiviso <span class=\"_ _3\"></span>in numero <span class=\"_\"> </span>3.94<span class=\"_ _0\"></span>2.878 <span class=\"_\"> </span>azioni<span class=\"_ _0\"></span> <span class=\"_\"> </span>ordinarie <span class=\"_ _a\"> </span>quotate, <span class=\"_\"> </span>prive<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_\"> </span>valore <span class=\"_\"> </span>nom<span class=\"_ _0\"></span>inale <span class=\"_\"> </span>aventi <span class=\"_ _a\"> </span>godimento regolare, <span class=\"_ _d\"></span>numero <span class=\"_ _5\"></span>21.388.8<span class=\"_ _0\"></span>88 <span class=\"_ _3\"></span>az<span class=\"_ _0\"></span>ioni <span class=\"_ _d\"></span>ordinarie <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>quotate<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>prive <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>minale <span class=\"_ _d\"></span>av<span class=\"_ _0\"></span>enti godimento re<span class=\"_ _0\"></span>golare. <span class=\"ff2\"> </span>Il <span class=\"_\"> </span>capitale <span class=\"_\"> </span>s<span class=\"_ _0\"></span>ociale <span class=\"_\"> </span>\u00e8<span class=\"_ _0\"></span> <span class=\"_\"> </span>stato <span class=\"_\"> </span>interament<span class=\"_ _0\"></span>e <span class=\"_\"> </span>liberato<span class=\"_ _0\"></span> <span class=\"_\"> </span>nel <span class=\"_\"> </span>mese <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>settembre <span class=\"_\"> </span>20<span class=\"_ _0\"></span>16 <span class=\"_\"> </span>a <span class=\"_\"> </span>seguit<span class=\"_ _0\"></span>o dell\u2019aumento <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>servato, <span class=\"_ _1\"> </span>con <span class=\"_ _f\"> </span>es<span class=\"_ _0\"></span>clusione <span class=\"_ _1\"> </span>del <span class=\"_ _f\"> </span>diritto <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>opz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>ai <span class=\"_ _f\"> </span>sensi <span class=\"_ _1\"> </span>dell\u2019art. 2441, c<span class=\"_ _0\"></span>omma <span class=\"_ _0\"></span>5, <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.c., <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span>10 mili<span class=\"_ _0\"></span>oni c<span class=\"_ _0\"></span>ome <span class=\"_ _0\"></span>deliberato <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019assemblea <span class=\"_ _0\"></span>riun<span class=\"_ _0\"></span>ita in <span class=\"_ _f\"> </span>sede<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>straord<span class=\"_ _0\"></span>inaria <span class=\"_ _f\"> </span>i<span class=\"_ _0\"></span>n <span class=\"_ _f\"> </span>data<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>26<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>magg<span class=\"_ _0\"></span>io <span class=\"_ _f\"> </span>2016, <span class=\"_ _1\"> </span>mediante <span class=\"_ _1\"> </span>emissione <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>n. <span class=\"_ _1\"> </span>2.000.000.00<span class=\"_ _0\"></span>0 nuove <span class=\"_ _1\"> </span>azioni<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>ord<span class=\"_ _0\"></span>inarie <span class=\"_ _1\"> </span>V<span class=\"_ _0\"></span>incenzo <span class=\"_ _1\"> </span>Zuc<span class=\"_ _0\"></span>chi, <span class=\"_\"> </span>p<span class=\"_ _2\"></span>rive <span class=\"_\"> </span>del <span class=\"_ _1\"> </span>valore <span class=\"_\"> </span>nominale, <span class=\"_\"> </span>aventi <span class=\"_ _1\"> </span>il <span class=\"_\"> </span>medesimo godimento <span class=\"_ _10\"> </span>e <span class=\"_ _10\"> </span>le <span class=\"_ _9\"> </span>m<span class=\"_ _0\"></span>edesime <span class=\"_ _10\"> </span>caratterist<span class=\"_ _0\"></span>iche <span class=\"_ _9\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _10\"> </span>azioni <span class=\"_ _10\"> </span>ordinarie <span class=\"_ _10\"> </span>Vincenzo <span class=\"_ _10\"> </span>Zucchi <span class=\"_ _10\"> </span>in circolazione alla d<span class=\"_ _0\"></span>ata di emiss<span class=\"_ _0\"></span>ione. Riserva legale La riserv<span class=\"_ _0\"></span>a l<span class=\"_ _0\"></span>egale, par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a 55<span class=\"_ _0\"></span>7 mig<span class=\"_ _0\"></span>liaia d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stata <span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>tituita <span class=\"_ _0\"></span>accantonando<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>arte leg<span class=\"_ _0\"></span>ale relativa agli ut<span class=\"_ _0\"></span>ili degli eser<span class=\"_ _0\"></span>cizi 2020 e 2021. <span class=\"_ _0\"></span> Riserva IFRS Si <span class=\"_ _3\"></span>prec<span class=\"_ _0\"></span>isa <span class=\"_ _d\"></span>che <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>\u201c<span class=\"_ _0\"></span>Riserv<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS\u201d, <span class=\"_ _d\"></span>pari <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>28.510 <span class=\"_ _d\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>data <span class=\"_ _d\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>31 <span class=\"_ _5\"></span>dicembre 2010, er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>stata <span class=\"_ _0\"></span>interament<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>azzerata <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>copertura<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>elibera <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>24 gennaio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>11. <span class=\"_ _0\"></span>La <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>FRS <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>coglieva <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>rett<span class=\"_ _0\"></span>ifiche <span class=\"_ _0\"></span>effett<span class=\"_ _0\"></span>uate <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>u <span class=\"_ _0\"></span>alcun<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>te <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>bilancio alla d<span class=\"_ _0\"></span>ata d<span class=\"_ _0\"></span>ella <span class=\"_ _0\"></span>transizi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>agli <span class=\"_ _0\"></span>IFRS/IA<span class=\"_ _0\"></span>S, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019effetto f<span class=\"_ _0\"></span>iscale. <span class=\"_ _0\"></span>In <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ticolare, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>riserv<span class=\"_ _0\"></span>a era <span class=\"_ _e\"> </span>stata <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>stituita <span class=\"_ _f\"> </span>per <span class=\"_ _e\"> </span>effetto <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>la <span class=\"_ _e\"> </span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>fair<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>value <span class=\"_ _e\"> </span>dei <span class=\"_ _f\"> </span>terreni, <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019applicazione<span class=\"_ _0\"></span> dello <span class=\"_ _3\"></span>IAS<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>17 <span class=\"_ _d\"></span>a <span class=\"_ _d\"></span>cespiti <span class=\"_ _d\"></span>acqu<span class=\"_ _0\"></span>isiti <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>suo <span class=\"_ _d\"></span>tempo <span class=\"_ _d\"></span>con <span class=\"_ _d\"></span>leas<span class=\"_ _0\"></span>ing <span class=\"_ _d\"></span>finanziari, <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>valutazi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>fair value <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>dispon<span class=\"_ _0\"></span>ibili <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>la n<span class=\"_ _0\"></span>egoziazione <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>l\u2019effetto <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>alutazione attuariale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>benefici <span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dipendenti <span class=\"_ _0\"></span>(tr<span class=\"_ _0\"></span>attamento<span class=\"_ _0\"></span> d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>rapporto), <span class=\"_ _0\"></span>mentre <span class=\"_ _3\"></span>\u00e8 st<span class=\"_ _0\"></span>ata <span class=\"_ _0\"></span>addebita<span class=\"_ _0\"></span>ta per <span class=\"_ _5\"> </span>l<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>storno <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>alcuni <span class=\"_ _5\"> </span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ecede<span class=\"_ _0\"></span>ntemente <span class=\"_ _e\"> </span>iscritti <span class=\"_ _e\"> </span>tra <span class=\"_ _e\"> </span>gli <span class=\"_ _e\"> </span>oneri <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>d <span class=\"_ _5\"> </span>ut<span class=\"_ _0\"></span>ilit\u00e0 <span class=\"_ _e\"> </span>differita,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>la <span class=\"_ _e\"> </span>cui capitalizzazione no<span class=\"_ _0\"></span>n \u00e8 pi\u00f9 cons<span class=\"_ _0\"></span>entita dai pri<span class=\"_ _0\"></span>ncipi conta<span class=\"_ _0\"></span>bili internazio<span class=\"_ _0\"></span>nali. La <span class=\"_ _0\"></span>riser<span class=\"_ _0\"></span>va <span class=\"_ _3\"></span>IFRS <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>agli <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>ionisti <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>poste <span class=\"_ _3\"></span>che hanno <span class=\"_ _f\"> </span>generato <span class=\"_ _f\"> </span>i <span class=\"_ _e\"> </span>flussi <span class=\"_ _f\"> </span>finanziari <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi, <span class=\"_ _f\"> </span>previa <span class=\"_ _f\"> </span>approvazione <span class=\"_ _f\"> </span>dell\u2019assemblea <span class=\"_ _f\"> </span>nei <span class=\"_ _e\"> </span>c<span class=\"_ _0\"></span>asi <span class=\"_ _e\"> </span>di legge previsti. In <span class=\"_ _3\"></span>particolare, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>segn<span class=\"_ _0\"></span>ala <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ques<span class=\"_ _0\"></span>tione <span class=\"_ _3\"></span>include <span class=\"_ _3\"></span>quella <span class=\"_ _3\"></span>relativa <span class=\"_ _d\"></span>alla <span class=\"_ _3\"></span>valutazione al fair value<span class=\"_ _0\"></span> dei ter<span class=\"_ _0\"></span>reni alla dat<span class=\"_ _0\"></span>a di trans<span class=\"_ _0\"></span>izione (<span class=\"_ _0\"></span>25.149 migliai<span class=\"_ _0\"></span>a di Eur<span class=\"_ _0\"></span>o) che \u00e8 <span class=\"_ _0\"></span>utilizz<span class=\"_ _0\"></span>abile per l\u2019importo di 10.<span class=\"_ _0\"></span>604 migliaia <span class=\"_ _0\"></span>di Euro; ta<span class=\"_ _0\"></span>le quota si r<span class=\"_ _0\"></span>iferisce a terr<span class=\"_ _0\"></span>eni gi\u00e0 ced<span class=\"_ _0\"></span>uti alla d<span class=\"_ _0\"></span>ata del 31 dicembre <span class=\"_ _f\"> </span>2022 <span class=\"_ _f\"> </span>i <span class=\"_ _f\"> </span>cui <span class=\"_ _f\"> </span>plusvalori <span class=\"_ _f\"> </span>da <span class=\"_ _f\"> </span>fair <span class=\"_ _f\"> </span>value <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>st<span class=\"_ _0\"></span>ati <span class=\"_ _f\"> </span>realizzati. <span class=\"_ _f\"> </span>La <span class=\"_ _f\"> </span>riserv<span class=\"_ _0\"></span>a <span class=\"_ _f\"> </span>relativa <span class=\"_ _f\"> </span>alla valutazione <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _d\"></span>Fair <span class=\"_ _d\"></span>Value <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _d\"></span>terreni, <span class=\"_ _5\"></span>essendo <span class=\"_ _d\"></span>st<span class=\"_ _0\"></span>ata <span class=\"_ _d\"></span>interamente <span class=\"_ _5\"></span>utilizzata <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>la <span class=\"_ _d\"></span>copertur<span class=\"_ _0\"></span>a delle <span class=\"_ _5\"></span>perdite <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>app<span class=\"_ _0\"></span>licazione <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>discip<span class=\"_ _0\"></span>lina <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>tabilita <span class=\"_ _5\"></span>dall<span class=\"_ _0\"></span>\u2019art. <span class=\"_ _d\"></span>7, <span class=\"_ _5\"> </span>co<span class=\"_ _0\"></span>mma <span class=\"_ _5\"></span>6, <span class=\"_ _5\"></span>del <span class=\"_ _e\"> </span>D.Lgs. <span class=\"_ _d\"></span>28 febbraio <span class=\"_ _e\"> </span>2005, <span class=\"_ _e\"> </span>n. <span class=\"_ _e\"> </span>38, <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>tata <span class=\"_ _e\"> </span>obbligator<span class=\"_ _0\"></span>iamente <span class=\"_ _e\"> </span>rico<span class=\"_ _0\"></span>stituita, <span class=\"_ _e\"> </span>con <span class=\"_ _e\"> </span>l\u2019utile <span class=\"_ _e\"> </span>dell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _e\"> </span>2020, per <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>parte <span class=\"_ _e\"> </span>relativa <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>terreni <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>on <span class=\"_ _e\"> </span>ancora <span class=\"_ _e\"> </span>ced<span class=\"_ _0\"></span>uti <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>16.<span class=\"_ _0\"></span>559 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>net<span class=\"_ _0\"></span>to <span class=\"_ _e\"> </span>anche delle <span class=\"_\"> </span>successive <span class=\"_ _a\"> </span>riduzioni <span class=\"_\"> </span>di <span class=\"_\"> </span>valore <span class=\"_\"> </span>per <span class=\"_\"> </span>ad<span class=\"_ _0\"></span>eguame<span class=\"_ _0\"></span>nto <span class=\"_\"> </span>al <span class=\"_\"> </span>fair <span class=\"_\"> </span>value) <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_\"> </span>da <span class=\"_\"> </span>Deliber<span class=\"_ _0\"></span>a Assembleare <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>30.04.2<span class=\"_ _0\"></span>021. <span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dell\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iminuita <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>16.511 migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>causa <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>effettua<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nell\u2019ambi<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>dell\u2019app<span class=\"_ _0\"></span>licazione <span class=\"_ _0\"></span>dell<span class=\"_ _0\"></span>o I<span class=\"_ _0\"></span>AS 36 dei terreni di<span class=\"_ _0\"></span> Notaresco <span class=\"_ _0\"></span>e Galliate.  Al 3<span class=\"_ _0\"></span>1 <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>2022 <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iserva <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>ulter<span class=\"_ _0\"></span>iormente<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>idotta <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>4.694 <span class=\"_ _0\"></span>miglia<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> a <span class=\"_ _3\"></span>seguito della vend<span class=\"_ _0\"></span>ita de<span class=\"_ _0\"></span>l compl<span class=\"_ _0\"></span>esso indu<span class=\"_ _0\"></span>striale <span class=\"_ _0\"></span>di No<span class=\"_ _0\"></span>taresco <span class=\"_ _0\"></span>che h<span class=\"_ _0\"></span>a rea<span class=\"_ _0\"></span>lizzato <span class=\"_ _0\"></span>un p<span class=\"_ _0\"></span>lus va<span class=\"_ _0\"></span>lore da<span class=\"_ _0\"></span> fair value <span class=\"_ _c\"> </span>pari <span class=\"_ _12\"> </span>a <span class=\"_ _c\"> </span>1.812 <span class=\"_ _c\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _12\"> </span>di <span class=\"_ _c\"> </span>Euro <span class=\"_ _c\"> </span>e <span class=\"_ _12\"> </span>della <span class=\"_ _c\"> </span>s<span class=\"_ _0\"></span>valutazione <span class=\"_ _12\"> </span>effettuata <span class=\"_ _12\"> </span>nell\u2019ambito dell\u2019applicazion<span class=\"_ _0\"></span>e dello IAS 36 d<span class=\"_ _0\"></span>el terreno di G<span class=\"_ _0\"></span>alliate p<span class=\"_ _0\"></span>er un importo <span class=\"_ _0\"></span>di 5 migliaia di <span class=\"_ _0\"></span>Euro. Altre riserve Le <span class=\"_ _f\"> </span>altre <span class=\"_ _f\"> </span>riser<span class=\"_ _0\"></span>ve <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>pr<span class=\"_ _0\"></span>evalentem<span class=\"_ _0\"></span>ente <span class=\"_ _f\"> </span>costitu<span class=\"_ _0\"></span>ite <span class=\"_ _f\"> </span>dalla <span class=\"_ _1\"> </span>differenza <span class=\"_ _f\"> </span>tra <span class=\"_ _f\"> </span>i <span class=\"_ _1\"> </span>patrimoni <span class=\"_ _f\"> </span>rettif<span class=\"_ _0\"></span>icati delle societ\u00e0 co<span class=\"_ _0\"></span>nsolidate ed i<span class=\"_ _0\"></span>l relativo <span class=\"_ _0\"></span>valore di carico.<span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>riserva <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>traduzione <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>positiva <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>1.616 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>(positiva <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>1.406 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di Euro al 31 dicem<span class=\"_ _0\"></span>bre 2021).<span class=\"_ _0\"></span>  Sezione <span class=\"_ _123\"> </span>D <span class=\"_ _177\"> </span> <span class=\"_ _123\"> </span>NOTE <span class=\"_ _123\"> </span>ALLE <span class=\"_ _177\"> </span>PRINCIPALI <span class=\"_ _123\"> </span>VO<span class=\"_ _0\"></span>CI <span class=\"_ _123\"> </span>DI <span class=\"_ _123\"> </span>BILANCIO <span class=\"_ _123\"> </span>\u2013 <span class=\"_ _177\"> </span>PROSPETTODELL\u2019UTILE/(<span class=\"_ _0\"></span>PERDITA) <span class=\"_ _e\"></span>DELL\u2019ESE<span class=\"_ _0\"></span>RCIZIO <span class=\"_ _e\"> </span>E <span class=\"_ _f\"> </span>DELLE <span class=\"_ _e\"></span>ALTRE <span class=\"_ _f\"> </span>COMPONENTI <span class=\"_ _f\"> </span>DI <span class=\"_ _e\"> </span>CONTO ECONOMICO COMPLES<span class=\"_ _0\"></span>SIVO CONSOLIDATO Si <span class=\"_ _a\"> </span>riport<span class=\"_ _0\"></span>ano <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_ _b\"> </span>informazioni <span class=\"_ _b\"> </span>sulla <span class=\"_ _b\"> </span>natura <span class=\"_ _b\"> </span>delle <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>pese <span class=\"_ _b\"> </span>incluse <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>prospetto <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>con<span class=\"_ _0\"></span>to <span class=\"_ _b\"> </span>economicocomplessivo <span class=\"_ _a\"> </span>consolidato <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>alcuni <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ettagli <span class=\"_ _a\"> </span>delle <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>incipali <span class=\"_ _a\"> </span>voci <span class=\"_\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>f<span class=\"_ _2\"></span>unzione <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>de<span class=\"_ _2\"></span>lle <span class=\"_ _a\"> </span>altre <span class=\"_\"> </span>com<span class=\"_ _0\"></span>ponenti del prospetto di c<span class=\"_ _0\"></span>onto economi<span class=\"_ _0\"></span>co complessivo c<span class=\"_ _0\"></span>onsolidato<span class=\"_ _0\"></span>. In <span class=\"_ _0\"></span>merito <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>princ<span class=\"_ _0\"></span>ipali v<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>esposte <span class=\"_ _3\"></span>nelle <span class=\"_ _0\"></span>voc<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>prosp<span class=\"_ _0\"></span>etto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onto <span class=\"_ _0\"></span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plessivo <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidato si rinvia a qua<span class=\"_ _0\"></span>nto dettagliat<span class=\"_ _0\"></span>amente descr<span class=\"_ _0\"></span>itto nella Rela<span class=\"_ _0\"></span>zione sulla Gest<span class=\"_ _0\"></span>ione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__96": {
   "value": "Nota 27 DETTAGLIO SPESE PER NATURA<span class=\"fs2 fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Consumi <span class=\"_ _0\"></span>e altri<span class=\"_ _0\"></span> acquist<span class=\"_ _0\"></span>i31.32<span class=\"_ _0\"></span>133.425Prestazion<span class=\"_ _0\"></span>i di servizi38.81<span class=\"_ _0\"></span>129.465Costo del<span class=\"_ _0\"></span> lavoro26.25<span class=\"_ _0\"></span>521.344Ammortam<span class=\"_ _0\"></span>enti e s<span class=\"_ _0\"></span>valutazioni8.9868.061Svalutazione <span class=\"_ _0\"></span>crediti12053Altri3.3892.289Totale cos<span class=\"_ _0\"></span>to del vend<span class=\"_ _0\"></span>uto, spes<span class=\"_ _0\"></span>e di vend<span class=\"_ _0\"></span>ita e distri<span class=\"_ _0\"></span>buzione, pubb<span class=\"_ _0\"></span>licit\u00e0<span class=\"_ _0\"></span>,struttura<span class=\"_ _0\"></span> e altri <span class=\"_ _0\"></span>costi108.8<span class=\"_ _0\"></span>82<span class=\"_ _18d\"></span>       <span class=\"_ _0\"></span>           <span class=\"_ _18e\"> </span>94.637<span class=\"_ _18f\"></span>       <span class=\"_ _0\"></span>            Nella tabella seg<span class=\"_ _0\"></span>uente vien<span class=\"_ _0\"></span>e riportato il nu<span class=\"_ _0\"></span>mero medio <span class=\"_ _0\"></span>dei dipendenti per<span class=\"_ _0\"></span> categori<span class=\"_ _0\"></span>a: 2021<span class=\"_ _190\"></span>2022Dirigenti810Impiegati<span class=\"_ _0\"></span> 761567Operai119115888692Il <span class=\"_ _3\"></span>numero <span class=\"_ _3\"></span>med<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>dipen<span class=\"_ _0\"></span>denti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>forz<span class=\"_ _0\"></span>a, <span class=\"_ _3\"></span>esclus<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>gruppo <span class=\"_ _d\"></span>Descamps <span class=\"_ _d\"></span>(215 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ipendenti), <span class=\"_ _3\"></span>nel corso <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>ridotto <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>19 <span class=\"_ _f\"> </span>unit\u00e0 <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipalmente<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>rifer<span class=\"_ _0\"></span>ito <span class=\"_ _e\"> </span>alla<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>ridu<span class=\"_ _0\"></span>zione <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i punti vendit<span class=\"_ _0\"></span>a della control<span class=\"_ _0\"></span>lata Zuckids <span class=\"_ _0\"></span>S.r.l.. Il <span class=\"_ _3\"></span>numer<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>ef<span class=\"_ _0\"></span>fettivo <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>dipenden<span class=\"_ _0\"></span>ti <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>forz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>al <span class=\"_ _d\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _d\"></span>2022<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>876 <span class=\"_ _d\"></span>contr<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>707 del 31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2021.<span class=\"_ _0\"></span> Al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>del p<span class=\"_ _0\"></span>ersonale r<span class=\"_ _0\"></span>elativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>gruppo D<span class=\"_ _0\"></span>escamps <span class=\"_ _0\"></span>S.A.S., <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isito nel <span class=\"_ _3\"></span>mese <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>luglio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>(206 <span class=\"_ _3\"></span>dipendenti)<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>registra<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>riduz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>person<span class=\"_ _0\"></span>ale <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a 37 unit\u00e0 rispett<span class=\"_ _0\"></span>o al 31 dice<span class=\"_ _0\"></span>mbre 2021.<span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>dimi<span class=\"_ _0\"></span>nuzione <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>fine <span class=\"_ _d\"></span>dell\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>da <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>tribuirsi <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>riduzione <span class=\"_ _d\"></span>del numero <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _5\"></span>della <span class=\"_ _e\"> </span>controllata <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _5\"> </span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>causa <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _5\"></span>riduzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>del <span class=\"_ _e\"> </span>numero dei punti vendita.<span class=\"_ _0\"></span> Si <span class=\"_ _a\"> </span>ricorda <span class=\"_ _a\"> </span>che, <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _a\"> </span>nell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _a\"> </span>2022 <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>fatto <span class=\"_ _a\"> </span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>CIGS <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>ha<span class=\"_ _0\"></span> comportato <span class=\"_ _14\"> </span>un <span class=\"_ _14\"> </span>risparm<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ul <span class=\"_ _b\"> </span>costo <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _14\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>circa <span class=\"_ _14\"> </span>267 <span class=\"_ _14\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>Eur<span class=\"_ _0\"></span>o. Nell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>le <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontrollate<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>Zuckids, <span class=\"_ _a\"> </span>Bassetti <span class=\"_ _a\"> </span>Schweiz <span class=\"_ _a\"> </span>e Bassetti <span class=\"_ _e\"> </span>Deutschl<span class=\"_ _0\"></span>and <span class=\"_ _5\"> </span>av<span class=\"_ _0\"></span>evano <span class=\"_ _e\"> </span>fatto <span class=\"_ _e\"> </span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _e\"> </span>ad <span class=\"_ _e\"> </span>ammortizzatori <span class=\"_ _e\"> </span>soc<span class=\"_ _0\"></span>iali <span class=\"_ _e\"> </span>(tra <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>quali <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>CIGO COVID-19) co<span class=\"_ _0\"></span>n una riduzio<span class=\"_ _0\"></span>ne del costo <span class=\"_ _0\"></span>del pers<span class=\"_ _0\"></span>onale pari a circ<span class=\"_ _0\"></span>a 1.644 migliaia d<span class=\"_ _0\"></span>i Euro.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__95": {
   "value": "Nota 27 DETTAGLIO SPESE PER NATURA<span class=\"fs2 fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Consumi <span class=\"_ _0\"></span>e altri<span class=\"_ _0\"></span> acquist<span class=\"_ _0\"></span>i31.32<span class=\"_ _0\"></span>133.425Prestazion<span class=\"_ _0\"></span>i di servizi38.81<span class=\"_ _0\"></span>129.465Costo del<span class=\"_ _0\"></span> lavoro26.25<span class=\"_ _0\"></span>521.344Ammortam<span class=\"_ _0\"></span>enti e s<span class=\"_ _0\"></span>valutazioni8.9868.061Svalutazione <span class=\"_ _0\"></span>crediti12053Altri3.3892.289Totale cos<span class=\"_ _0\"></span>to del vend<span class=\"_ _0\"></span>uto, spes<span class=\"_ _0\"></span>e di vend<span class=\"_ _0\"></span>ita e distri<span class=\"_ _0\"></span>buzione, pubb<span class=\"_ _0\"></span>licit\u00e0<span class=\"_ _0\"></span>,struttura<span class=\"_ _0\"></span> e altri <span class=\"_ _0\"></span>costi108.8<span class=\"_ _0\"></span>82<span class=\"_ _18d\"></span>       <span class=\"_ _0\"></span>           <span class=\"_ _18e\"> </span>94.637<span class=\"_ _18f\"></span>       <span class=\"_ _0\"></span>            Nella tabella seg<span class=\"_ _0\"></span>uente vien<span class=\"_ _0\"></span>e riportato il nu<span class=\"_ _0\"></span>mero medio <span class=\"_ _0\"></span>dei dipendenti per<span class=\"_ _0\"></span> categori<span class=\"_ _0\"></span>a: 2021<span class=\"_ _190\"></span>2022Dirigenti810Impiegati<span class=\"_ _0\"></span> 761567Operai119115888692Il <span class=\"_ _3\"></span>numero <span class=\"_ _3\"></span>med<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>dipen<span class=\"_ _0\"></span>denti <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>forz<span class=\"_ _0\"></span>a, <span class=\"_ _3\"></span>esclus<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>gruppo <span class=\"_ _d\"></span>Descamps <span class=\"_ _d\"></span>(215 <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ipendenti), <span class=\"_ _3\"></span>nel corso <span class=\"_ _f\"> </span>dell\u2019esercizio <span class=\"_ _e\"> </span>2<span class=\"_ _0\"></span>022 <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _f\"> </span>ridotto <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>19 <span class=\"_ _f\"> </span>unit\u00e0 <span class=\"_ _e\"> </span>pr<span class=\"_ _0\"></span>incipalmente<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>rifer<span class=\"_ _0\"></span>ito <span class=\"_ _e\"> </span>alla<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>ridu<span class=\"_ _0\"></span>zione <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i punti vendit<span class=\"_ _0\"></span>a della control<span class=\"_ _0\"></span>lata Zuckids <span class=\"_ _0\"></span>S.r.l.. Il <span class=\"_ _3\"></span>numer<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>ef<span class=\"_ _0\"></span>fettivo <span class=\"_ _d\"></span>dei <span class=\"_ _d\"></span>dipenden<span class=\"_ _0\"></span>ti <span class=\"_ _d\"></span>in <span class=\"_ _3\"></span>forz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>al <span class=\"_ _d\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _d\"></span>2022<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tato <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>876 <span class=\"_ _d\"></span>contr<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>i <span class=\"_ _d\"></span>707 del 31 <span class=\"_ _0\"></span>dicembre<span class=\"_ _0\"></span> 2021.<span class=\"_ _0\"></span> Al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>del p<span class=\"_ _0\"></span>ersonale r<span class=\"_ _0\"></span>elativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>gruppo D<span class=\"_ _0\"></span>escamps <span class=\"_ _0\"></span>S.A.S., <span class=\"_ _0\"></span>acqu<span class=\"_ _0\"></span>isito nel <span class=\"_ _3\"></span>mese <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>luglio<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2022 <span class=\"_ _3\"></span>(206 <span class=\"_ _3\"></span>dipendenti)<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>registra<span class=\"_ _0\"></span>ta <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>riduz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>person<span class=\"_ _0\"></span>ale <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a 37 unit\u00e0 rispett<span class=\"_ _0\"></span>o al 31 dice<span class=\"_ _0\"></span>mbre 2021.<span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>dimi<span class=\"_ _0\"></span>nuzione <span class=\"_ _3\"></span>risp<span class=\"_ _0\"></span>etto <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>fine <span class=\"_ _d\"></span>dell\u2019esercizi<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _d\"></span>da <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>tribuirsi <span class=\"_ _d\"></span>alla <span class=\"_ _d\"></span>riduzione <span class=\"_ _d\"></span>del numero <span class=\"_ _5\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _5\"></span>della <span class=\"_ _e\"> </span>controllata <span class=\"_ _5\"> </span>Z<span class=\"_ _0\"></span>uckids <span class=\"_ _5\"> </span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _e\"> </span>a <span class=\"_ _5\"></span>causa <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _5\"></span>riduzi<span class=\"_ _0\"></span>one <span class=\"_ _5\"> </span>del <span class=\"_ _e\"> </span>numero dei punti vendita.<span class=\"_ _0\"></span> Si <span class=\"_ _a\"> </span>ricorda <span class=\"_ _a\"> </span>che, <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>Capogr<span class=\"_ _0\"></span>uppo <span class=\"_ _a\"> </span>nell\u2019eserc<span class=\"_ _0\"></span>izio <span class=\"_ _a\"> </span>2022 <span class=\"_ _a\"> </span>ha <span class=\"_ _a\"> </span>fatto <span class=\"_ _a\"> </span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _a\"> </span>alla <span class=\"_ _a\"> </span>CIGS <span class=\"_ _a\"> </span>che <span class=\"_ _a\"> </span>ha<span class=\"_ _0\"></span> comportato <span class=\"_ _14\"> </span>un <span class=\"_ _14\"> </span>risparm<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>s<span class=\"_ _0\"></span>ul <span class=\"_ _b\"> </span>costo <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>pers<span class=\"_ _0\"></span>onale <span class=\"_ _14\"> </span>pari <span class=\"_ _b\"> </span>a <span class=\"_ _14\"> </span>circa <span class=\"_ _14\"> </span>267 <span class=\"_ _14\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>Eur<span class=\"_ _0\"></span>o. Nell\u2019esercizio <span class=\"_ _a\"> </span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _a\"> </span>la <span class=\"_ _a\"> </span>Capogrup<span class=\"_ _0\"></span>po <span class=\"_ _a\"> </span>e <span class=\"_ _a\"> </span>le <span class=\"_\"> </span>c<span class=\"_ _0\"></span>ontrollate<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>Zuckids, <span class=\"_ _a\"> </span>Bassetti <span class=\"_ _a\"> </span>Schweiz <span class=\"_ _a\"> </span>e Bassetti <span class=\"_ _e\"> </span>Deutschl<span class=\"_ _0\"></span>and <span class=\"_ _5\"> </span>av<span class=\"_ _0\"></span>evano <span class=\"_ _e\"> </span>fatto <span class=\"_ _e\"> </span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _e\"> </span>ad <span class=\"_ _e\"> </span>ammortizzatori <span class=\"_ _e\"> </span>soc<span class=\"_ _0\"></span>iali <span class=\"_ _e\"> </span>(tra <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>quali <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>CIGO COVID-19) co<span class=\"_ _0\"></span>n una riduzio<span class=\"_ _0\"></span>ne del costo <span class=\"_ _0\"></span>del pers<span class=\"_ _0\"></span>onale pari a circ<span class=\"_ _0\"></span>a 1.644 migliaia d<span class=\"_ _0\"></span>i Euro. Note 28 COSTO DEL VENDUTO (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Consumo<span class=\"_ _0\"></span> material<span class=\"_ _0\"></span>i31.32<span class=\"_ _0\"></span>132.178di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>216<span class=\"_ _e6\"> </span>2<span class=\"_ _2\"></span>.442Manodopera3.3343.257Costi per <span class=\"_ _0\"></span>energie333136Ammortam<span class=\"_ _0\"></span>enti370381Lavorazioni <span class=\"_ _0\"></span>esterne15.61<span class=\"_ _0\"></span>713.543Spese gen<span class=\"_ _0\"></span>erali<span class=\"_ _0\"></span> di produzione447581di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span> <span class=\"_ _22\"> </span>7<span class=\"_ _92\"> </span>6751.42<span class=\"_ _0\"></span>250.076di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span> <span class=\"_ _22\"> </span>223<span class=\"_ _191\"> </span>2.509La <span class=\"_ _3\"></span>voce <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>idenzia <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>cost<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>ve<span class=\"_ _0\"></span>nduto <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>increment<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rispetto <span class=\"_ _d\"></span>all\u2019esercizio <span class=\"_ _d\"></span>2021 <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>termini<span class=\"_ _0\"></span> di <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>assoluto <span class=\"_ _3\"></span>mentre <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ridotto <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>termini <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>incidenza <span class=\"_ _3\"></span>percentua<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ulle <span class=\"_ _3\"></span>vendite <span class=\"_ _3\"></span>nett<span class=\"_ _0\"></span>e per <span class=\"_ _e\"> </span>effetto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>consolidamento<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>grupp<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>Descamp<span class=\"_ _0\"></span>s <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>dell\u2019entrata <span class=\"_ _e\"> </span>a<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>pieno <span class=\"_ _e\"> </span>regim<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>della controllata <span class=\"_ _f\"> </span>B<span class=\"_ _0\"></span>asitalia <span class=\"_ _1\"> </span>che <span class=\"_ _f\"> </span>hanno<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>marginalit\u00e0 <span class=\"_ _1\"> </span>pi\u00f9 <span class=\"_ _f\"> </span>elev<span class=\"_ _0\"></span>ate. <span class=\"_ _f\"> </span>Al <span class=\"_ _1\"> </span>netto <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>c<span class=\"_ _0\"></span>onsolida<span class=\"_ _0\"></span>mento <span class=\"_ _f\"> </span>del gruppo <span class=\"_ _1\"> </span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>il <span class=\"_ _1\"> </span>costo <span class=\"_\"> </span>d<span class=\"_ _2\"></span>el <span class=\"_ _1\"> </span>vendut<span class=\"_ _0\"></span>o <span class=\"_ _1\"> </span>si <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _1\"> </span>incrementato<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>in <span class=\"_ _1\"> </span>termine<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>valore <span class=\"_ _1\"> </span>assoluto<span class=\"_ _0\"></span> mentre \u00e8 rimasto s<span class=\"_ _0\"></span>ostanzial<span class=\"_ _0\"></span>mente stabile i<span class=\"_ _0\"></span>n termini per<span class=\"_ _0\"></span>centuali. Gli <span class=\"_ _d\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _d\"></span>n<span class=\"_ _0\"></span>on <span class=\"_ _5\"></span>ricorren<span class=\"_ _0\"></span>ti <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ell\u2019esercizio <span class=\"_ _5\"> </span>si <span class=\"_ _5\"></span>rif<span class=\"_ _0\"></span>eriscono <span class=\"_ _5\"></span>per <span class=\"_ _5\"> </span>l\u2019impor<span class=\"_ _0\"></span>to <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>211 <span class=\"_ _5\"></span>migliaia <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>Euro<span class=\"_ _0\"></span>, <span class=\"_ _d\"></span>ai costi <span class=\"_ _14\"> </span>r<span class=\"_ _0\"></span>elativi <span class=\"_ _14\"> </span>a<span class=\"_ _0\"></span>lla <span class=\"_ _14\"> </span>v<span class=\"_ _0\"></span>ariazione <span class=\"_ _8\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _14\"> </span>rimanenz<span class=\"_ _0\"></span>e <span class=\"_ _8\"> </span>della <span class=\"_ _8\"> </span>controllat<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>Zuc<span class=\"_ _0\"></span>kids <span class=\"_ _8\"> </span>S.r.l.<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>deriva<span class=\"_ _0\"></span>nti dall\u2019applicazion<span class=\"_ _0\"></span>e <span class=\"_ _b\"> </span>del <span class=\"_ _b\"> </span>pr<span class=\"_ _0\"></span>incipio <span class=\"_ _b\"> </span>cont<span class=\"_ _0\"></span>abile <span class=\"_ _b\"> </span>IF<span class=\"_ _0\"></span>RS <span class=\"_ _b\"> </span>3 <span class=\"_ _14\"> </span>\u2013 <span class=\"_ _b\"> </span>Bus<span class=\"_ _0\"></span>iness <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ombination <span class=\"_ _b\"> </span>\u2013 <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>ome <span class=\"_ _b\"> </span>gi\u00e0 evidenziato nel<span class=\"_ _0\"></span>la R<span class=\"_ _0\"></span>elazione dell\u2019es<span class=\"_ _0\"></span>ercizio pr<span class=\"_ _0\"></span>ecedente e<span class=\"_ _0\"></span> per 5 m<span class=\"_ _0\"></span>igliaia d<span class=\"_ _0\"></span>i Euro agl<span class=\"_ _0\"></span>i acquisti <span class=\"_ _0\"></span>di prodotti <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>lativi <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>neg<span class=\"_ _0\"></span>ozi <span class=\"_ _3\"></span>dell<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>control<span class=\"_ _0\"></span>lata <span class=\"_ _3\"></span>Zuckids <span class=\"_ _d\"></span>S.r.<span class=\"_ _0\"></span>l. <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>cedut<span class=\"_ _0\"></span>i. <span class=\"_ _3\"></span>Le <span class=\"_ _d\"></span>restanti <span class=\"_ _3\"></span>7 migliaia <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>si <span class=\"_ _d\"></span>rifer<span class=\"_ _0\"></span>iscono <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _d\"></span>svalutazione <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>el <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>del <span class=\"_ _d\"></span>terreno <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Gal<span class=\"_ _0\"></span>liate, <span class=\"_ _3\"></span>effett<span class=\"_ _0\"></span>uata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Gli <span class=\"_ _3\"></span>oneri <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>icorrenti <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _3\"></span>preced<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iferivano <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l\u2019imp<span class=\"_ _0\"></span>orto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>2.44<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia di <span class=\"_ _13\"> </span>Euro <span class=\"_ _11\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _11\"> </span>var<span class=\"_ _0\"></span>iazione <span class=\"_ _13\"> </span>delle <span class=\"_ _13\"> </span>rimanenze <span class=\"_ _13\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _11\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _13\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _11\"> </span>a <span class=\"_ _13\"> </span>se<span class=\"_ _0\"></span>guito <span class=\"_ _13\"> </span>della contabilizzazion<span class=\"_ _0\"></span>e <span class=\"_ _1\"> </span>d<span class=\"_ _0\"></span>efinitiva <span class=\"_\"> </span>della <span class=\"_\"> </span>Business <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>binati<span class=\"_ _0\"></span>on <span class=\"_ _1\"> </span>rel<span class=\"_ _0\"></span>ativa <span class=\"_\"> </span>all\u2019acquisizione <span class=\"_\"> </span>dei <span class=\"_ _1\"> </span>rami d\u2019azienda Kidiliz avv<span class=\"_ _0\"></span>enuta nel <span class=\"_ _0\"></span>2020. Le <span class=\"_ _f\"> </span>restanti <span class=\"_ _f\"> </span>67 <span class=\"_ _f\"> </span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _f\"> </span>di <span class=\"_ _f\"> </span>Euro <span class=\"_ _f\"> </span>erano <span class=\"_ _f\"> </span>relative <span class=\"_ _1\"> </span>alla <span class=\"_ _f\"> </span>svalutazion<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>del <span class=\"_ _f\"> </span>valore <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>terreno <span class=\"_ _f\"> </span>di Notaresco <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2 <span class=\"_ _3\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>terreno <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>alliate <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>5 <span class=\"_ _3\"></span>migliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>effet<span class=\"_ _0\"></span>tuata dalla Capogrup<span class=\"_ _0\"></span>po nell\u2019ambi<span class=\"_ _0\"></span>to dell\u2019applicazi<span class=\"_ _0\"></span>one dello IAS 36<span class=\"_ _0\"></span>. Consumo materiali(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Materie prime172120Materie suss<span class=\"_ _0\"></span>idiarie4.2263.912Semilavora<span class=\"_ _0\"></span>ti e prod<span class=\"_ _0\"></span>otti finiti25.63<span class=\"_ _0\"></span>927.712di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>216<span class=\"_ _191\"> </span>2.442Altri acq<span class=\"_ _0\"></span>uisti1.28443431.32<span class=\"_ _0\"></span>132.178Nota 29 SPESE DI VENDITA E DISTRIBUZIONE Spese di distribuzione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Magazzinaggio5.4884.150di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>420<span class=\"_ _191\"> </span>29Trasporto a <span class=\"_ _0\"></span>clienti2.4012.411di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _121\"> </span>133Altre spes<span class=\"_ _0\"></span>e697.9586.561di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>4<span class=\"_ _0\"></span>20<span class=\"_ _191\"> </span>162Le <span class=\"_ _e\"> </span>\u201c<span class=\"_ _0\"></span>Spese <span class=\"_ _f\"> </span>di <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>istribuzione<span class=\"_ _0\"></span>\u201d <span class=\"_ _f\"> </span>sono <span class=\"_ _e\"> </span>aument<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>a <span class=\"_ _f\"> </span>causa<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>del<span class=\"_ _0\"></span>l\u2019incremento <span class=\"_ _f\"> </span>dei <span class=\"_ _f\"> </span>costi <span class=\"_ _f\"> </span>energetici susseguenti <span class=\"_ _0\"></span>alla cr<span class=\"_ _0\"></span>isi provoc<span class=\"_ _0\"></span>ata dalla<span class=\"_ _0\"></span> guerr<span class=\"_ _0\"></span>a tra Rus<span class=\"_ _0\"></span>sia<span class=\"_ _0\"></span> ed Ucr<span class=\"_ _0\"></span>aina. <span class=\"_ _0\"></span>Si evidenz<span class=\"_ _0\"></span>ia inoltre, <span class=\"_ _0\"></span>che l\u2019esercizio <span class=\"_ _1\"> </span>precedente<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>be<span class=\"_ _0\"></span>neficiava <span class=\"_ _1\"> </span>dei <span class=\"_ _1\"> </span>risparmi <span class=\"_ _1\"> </span>derivanti <span class=\"_ _1\"> </span>dall\u2019uti<span class=\"_ _0\"></span>lizzo <span class=\"_ _f\"> </span>deg<span class=\"_ _0\"></span>li <span class=\"_ _1\"> </span>ammortizzatori sociali, tra i q<span class=\"_ _0\"></span>uali la CIGO<span class=\"_ _0\"></span>-COVID 19.<span class=\"_ _0\"></span> Gli <span class=\"_ _d\"></span>oneri <span class=\"_ _5\"></span>non <span class=\"_ _5\"></span>ricorrenti, <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ostenut<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>dalla <span class=\"_ _5\"></span>Capogruppo, <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono <span class=\"_ _d\"></span>relativi <span class=\"_ _5\"></span>per <span class=\"_ _d\"></span>13<span class=\"_ _0\"></span>5 <span class=\"_ _d\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _d\"></span>di <span class=\"_ _5\"></span>Euro alle sanz<span class=\"_ _0\"></span>ioni per<span class=\"_ _0\"></span> r<span class=\"_ _0\"></span>itardato <span class=\"_ _0\"></span>pagament<span class=\"_ _0\"></span>o delle <span class=\"_ _0\"></span>impost<span class=\"_ _0\"></span>e TASI/<span class=\"_ _0\"></span>TARI <span class=\"_ _0\"></span>dovute <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>lo s<span class=\"_ _0\"></span>tabilimento<span class=\"_ _0\"></span> di Rescaldina <span class=\"_ _0\"></span>riferite <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>esercizi prec<span class=\"_ _0\"></span>edenti <span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er 28<span class=\"_ _0\"></span>5 migliai<span class=\"_ _0\"></span>a di E<span class=\"_ _0\"></span>uro a<span class=\"_ _0\"></span>i cos<span class=\"_ _0\"></span>ti per <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>montaggio di un nuovo impia<span class=\"_ _0\"></span>nto press<span class=\"_ _0\"></span>o il magazzino d<span class=\"_ _0\"></span>i Rescaldina.<span class=\"_ _0\"></span> Gli <span class=\"_ _f\"> </span>oneri <span class=\"_ _f\"> </span>non <span class=\"_ _f\"> </span>ricorrenti <span class=\"_ _f\"> </span>dell\u2019eserciz<span class=\"_ _0\"></span>io <span class=\"_ _f\"> </span>precedente <span class=\"_ _f\"> </span>erano <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>elativi<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alle <span class=\"_ _f\"> </span>sanzi<span class=\"_ _0\"></span>oni <span class=\"_ _e\"> </span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>ritarda<span class=\"_ _0\"></span>to pagamento <span class=\"_ _e\"> </span>della <span class=\"_ _5\"> </span>T<span class=\"_ _0\"></span>ASI <span class=\"_ _e\"> </span>dovute <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Capogruppo <span class=\"_ _e\"> </span>per <span class=\"_ _5\"> </span>lo <span class=\"_ _e\"> </span>stabilimento <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Rescaldina <span class=\"_ _e\"> </span>riferite all\u2019esercizio <span class=\"_ _d\"></span>2015 <span class=\"_ _d\"></span>ed <span class=\"_ _d\"></span>il <span class=\"_ _d\"></span>cui <span class=\"_ _d\"></span>pagamento <span class=\"_ _d\"></span>non <span class=\"_ _d\"></span>era <span class=\"_ _d\"></span>stato <span class=\"_ _5\"></span>effettuato <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>segu<span class=\"_ _0\"></span>ito <span class=\"_ _d\"></span>della <span class=\"_ _d\"></span>domanda <span class=\"_ _d\"></span>di rateazione <span class=\"_ _e\"> </span>dei <span class=\"_ _e\"> </span>debiti <span class=\"_ _e\"> </span>esist<span class=\"_ _0\"></span>enti <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>data <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>deposito <span class=\"_ _e\"> </span>della <span class=\"_ _e\"> </span>dom<span class=\"_ _0\"></span>anda <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>ammissione <span class=\"_ _e\"> </span>ex <span class=\"_ _e\"> </span>art.<span class=\"_ _0\"></span> 161, <span class=\"_\"> </span>sesto <span class=\"_\"> </span>comma, <span class=\"_\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_\"> </span>L.F.. <span class=\"_\"> </span>Nella <span class=\"_\"> </span>voce <span class=\"_\"> </span>tr<span class=\"_ _0\"></span>asporti <span class=\"_\"> </span>a <span class=\"_\"> </span>clie<span class=\"_ _0\"></span>nti <span class=\"_\"> </span>erano <span class=\"_\"> </span>compresi <span class=\"_ _a\"> </span>costi <span class=\"_\"> </span>non ricorrenti <span class=\"_ _3\"></span>sos<span class=\"_ _0\"></span>tenuti <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>la <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>istribuzion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>prod<span class=\"_ _0\"></span>otti <span class=\"_ _3\"></span>nei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>negozi <span class=\"_ _d\"></span>durante <span class=\"_ _3\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>periodo <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>start-u<span class=\"_ _0\"></span>p della nuova contr<span class=\"_ _0\"></span>ollata Zuc<span class=\"_ _0\"></span>kids. Royalties (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Royalties412116Nel <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>orso <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _f\"> </span>2022 <span class=\"_ _e\"> </span>si <span class=\"_ _e\"> </span>\u00e8 <span class=\"_ _e\"> </span>verific<span class=\"_ _0\"></span>ato <span class=\"_ _e\"> </span>un <span class=\"_ _e\"> </span>increm<span class=\"_ _0\"></span>ento <span class=\"_ _e\"> </span>dovuto<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>consolida<span class=\"_ _0\"></span>mento <span class=\"_ _e\"> </span>del gruppo Descamps<span class=\"_ _0\"></span> che presenta r<span class=\"_ _0\"></span>oyalties p<span class=\"_ _0\"></span>er un import<span class=\"_ _0\"></span>o di 390 m<span class=\"_ _0\"></span>igliaia di Euro. <span class=\"_ _0\"></span> Spese di vendita dirette (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Venditori <span class=\"_ _0\"></span>ed agent<span class=\"_ _0\"></span>i1.7362.157Negozi e s<span class=\"_ _0\"></span>pacci - sp<span class=\"_ _0\"></span>ese <span class=\"_ _0\"></span>di gestio<span class=\"_ _0\"></span>ne28.12<span class=\"_ _0\"></span>421.794di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>9<span class=\"_ _0\"></span>86<span class=\"_ _191\"> </span>188Altre spes<span class=\"_ _0\"></span>e1.10932130.96<span class=\"_ _0\"></span>924.272di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>9<span class=\"_ _0\"></span>86<span class=\"_ _191\"> </span>188La voce \u201cSpes<span class=\"_ _0\"></span>e di vendit<span class=\"_ _0\"></span>a dirette\u201d, a<span class=\"_ _0\"></span>l netto de<span class=\"_ _0\"></span>l gruppo <span class=\"_ _0\"></span>Descamps (5.595<span class=\"_ _0\"></span> migliaia di Eur<span class=\"_ _0\"></span>o), si \u00e8 <span class=\"_ _0\"></span>incre<span class=\"_ _0\"></span>mentata <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ispett<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l\u2019esercizio <span class=\"_ _3\"></span>precede<span class=\"_ _0\"></span>nte <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>maggiori <span class=\"_ _3\"></span>aperture <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>gozi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>spacci rispetto <span class=\"_ _e\"> </span>all\u2019esercizio <span class=\"_ _e\"> </span>202<span class=\"_ _0\"></span>1, <span class=\"_ _e\"> </span>che <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>el <span class=\"_ _e\"> </span>primo <span class=\"_ _e\"> </span>trimestre <span class=\"_ _e\"> </span>aveva <span class=\"_ _e\"> </span>ancora <span class=\"_ _e\"> </span>risent<span class=\"_ _0\"></span>ito <span class=\"_ _e\"> </span>delle <span class=\"_ _e\"> </span>restrizioni<span class=\"_ _0\"></span> dovute <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>andemia <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>COVID-19, <span class=\"_ _d\"></span>per <span class=\"_ _d\"></span>le <span class=\"_ _d\"></span>spese <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>ostenut<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>l\u2019apert<span class=\"_ _0\"></span>ura <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nuov<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>negozi<span class=\"_ _0\"></span> nonch\u00e9 <span class=\"_ _a\"> </span>per <span class=\"_ _b\"> </span>i <span class=\"_ _b\"> </span>maggiori <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>osti <span class=\"_ _a\"> </span>e<span class=\"_ _0\"></span>nergetici. <span class=\"_ _b\"> </span>Si <span class=\"_ _b\"> </span>segnala <span class=\"_ _a\"> </span>in<span class=\"_ _0\"></span>oltre, <span class=\"_ _a\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_ _a\"> </span>l\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_ _b\"> </span>precedente beneficiava de<span class=\"_ _0\"></span>i risparmi derivant<span class=\"_ _0\"></span>i dall\u2019utilizz<span class=\"_ _0\"></span>o degli amm<span class=\"_ _0\"></span>ortizzatori soc<span class=\"_ _0\"></span>iali. Gli <span class=\"_ _0\"></span>oneri <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>ricorre<span class=\"_ _0\"></span>nti, <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>86 <span class=\"_ _0\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riferiscono <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>909 <span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>gliaia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>ai costi rel<span class=\"_ _0\"></span>ativi ai <span class=\"_ _0\"></span>negozi c<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>ono sta<span class=\"_ _0\"></span>ti ce<span class=\"_ _0\"></span>duti d<span class=\"_ _0\"></span>alla co<span class=\"_ _0\"></span>ntrollata Z<span class=\"_ _0\"></span>uckids<span class=\"_ _0\"></span>, per <span class=\"_ _0\"></span>77 migli<span class=\"_ _0\"></span>aia di <span class=\"_ _0\"></span>Euro alle commissio<span class=\"_ _0\"></span>ni sostenute <span class=\"_ _0\"></span>per l\u2019apertura <span class=\"_ _0\"></span>di nuovi ne<span class=\"_ _0\"></span>gozi.  Nell\u2019esercizio <span class=\"_ _3\"></span>precedente <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>oneri <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>orrenti, <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>8 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro, <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>riferivano <span class=\"_ _3\"></span>ai costi relativi alla r<span class=\"_ _0\"></span>iconversio<span class=\"_ _0\"></span>ne dei negozi d<span class=\"_ _0\"></span>ella controll<span class=\"_ _0\"></span>ata Zuckids <span class=\"_ _0\"></span>S.r.l.. Totale spese di vendita e distribuzione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Totale spes<span class=\"_ _0\"></span>e di vendi<span class=\"_ _0\"></span>ta e dis<span class=\"_ _0\"></span>tribuzione39.33<span class=\"_ _0\"></span>930.949di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>1.<span class=\"_ _0\"></span>406<span class=\"_ _192\"> </span>350La <span class=\"_\"> </span>voce <span class=\"_\"> </span>comprende <span class=\"_\"> </span>7.<span class=\"_ _0\"></span>754 <span class=\"_\"> </span>migliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>per <span class=\"_\"> </span>a<span class=\"_ _0\"></span>mmortamenti <span class=\"_\"> </span>mater<span class=\"_ _0\"></span>iali <span class=\"_\"> </span>ed <span class=\"_\"> </span>immaterial<span class=\"_ _0\"></span>i (7.083 migliaia d<span class=\"_ _0\"></span>i Euro per <span class=\"_ _0\"></span>ammortament<span class=\"_ _0\"></span>i materiali e<span class=\"_ _0\"></span>d immateriali n<span class=\"_ _0\"></span>ell\u2019eserc<span class=\"_ _0\"></span>izio 2021).<span class=\"fc0\"> </span>Nota 30 PUBBLICITA\u2019 E PROMOZIONE<span class=\"fs2 fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Spese di<span class=\"_ _0\"></span> pubb<span class=\"_ _0\"></span>licit\u00e0790496Contributi<span class=\"_ _0\"></span> e materia<span class=\"_ _0\"></span>li pr<span class=\"_ _0\"></span>omozionali436296Partecipa<span class=\"_ _0\"></span>zioni a fier<span class=\"_ _0\"></span>e128-Altre spese-<span class=\"_ _16e\"></span>                <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   <span class=\"_ _92\"> </span>-<span class=\"_ _193\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span>     1.354792Le spese di pu<span class=\"_ _0\"></span>bblicit\u00e0, al <span class=\"_ _0\"></span>netto di que<span class=\"_ _0\"></span>lle del grup<span class=\"_ _0\"></span>po Des<span class=\"_ _0\"></span>camps pari a 200<span class=\"_ _0\"></span> migliaia di E<span class=\"_ _0\"></span>uro, si sono <span class=\"_ _0\"></span>incre<span class=\"_ _0\"></span>mentate <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>guito <span class=\"_ _3\"></span>di magg<span class=\"_ _0\"></span>iori <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pubblicit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>omozione <span class=\"_ _3\"></span>effettuate <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ine di sostenere <span class=\"_ _0\"></span>la politica di ri<span class=\"_ _0\"></span>presa delle ven<span class=\"_ _0\"></span>dite. Nota 31 COSTI DI STRUTTURA Marketing e prodotto (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Marketing2.4341.505Prodotto337395Quadri sta<span class=\"_ _0\"></span>mpa624582Altri cost<span class=\"_ _0\"></span>i<span class=\"_ _194\"> </span>-<span class=\"_ _16e\"></span>               <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>   <span class=\"_ _92\"> </span>-<span class=\"_ _193\"></span>      <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>      3.3952.482I c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>per mark<span class=\"_ _0\"></span>eting <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>prod<span class=\"_ _0\"></span>otto a<span class=\"_ _0\"></span>l 31 <span class=\"_ _3\"></span>dicembre 2<span class=\"_ _0\"></span>022, <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i 746 <span class=\"_ _0\"></span>migl<span class=\"_ _0\"></span>iaia d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>Euro <span class=\"_ _0\"></span>relativi al <span class=\"_ _13\"> </span>gruppo <span class=\"_ _13\"> </span>Descam<span class=\"_ _0\"></span>ps, <span class=\"_ _13\"> </span>non <span class=\"_ _13\"> </span>hann<span class=\"_ _0\"></span>o <span class=\"_ _13\"> </span>subito <span class=\"_ _13\"> </span>sostan<span class=\"_ _0\"></span>ziali <span class=\"_ _13\"> </span>variaz<span class=\"_ _0\"></span>ioni <span class=\"_ _13\"> </span>rispetto <span class=\"_ _13\"> </span>a<span class=\"_ _0\"></span>ll\u2019esercizio precedente. Amministrazione e vendite sede (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Direzione c<span class=\"_ _0\"></span>ommerc<span class=\"_ _0\"></span>iale d<span class=\"_ _0\"></span>i sede<span class=\"_ _129\"> </span>2.<span class=\"_ _0\"></span>280<span class=\"_ _17a\"></span>       <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> <span class=\"_ _195\"> </span>1.101<span class=\"_ _196\"></span>      <span class=\"_ _0\"></span>              <span class=\"_ _0\"></span> La <span class=\"_ _b\"> </span>voce, <span class=\"_ _b\"> </span>al <span class=\"_ _b\"> </span>netto <span class=\"_ _14\"> </span>del <span class=\"_ _b\"> </span>gr<span class=\"_ _0\"></span>uppo <span class=\"_ _b\"> </span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>per <span class=\"_ _b\"> </span>23<span class=\"_ _0\"></span>0 <span class=\"_ _b\"> </span>migliaia <span class=\"_ _b\"> </span>di <span class=\"_ _14\"> </span>Euro, <span class=\"_ _b\"> </span>ha <span class=\"_ _b\"> </span>r<span class=\"_ _0\"></span>egistrato <span class=\"_ _b\"> </span>un<span class=\"_ _0\"></span> incremento <span class=\"_ _10\"> </span>rispetto <span class=\"_ _10\"> </span>all\u2019esercizio <span class=\"_ _10\"> </span>precedente.<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>Si <span class=\"_ _10\"> </span>evidenzia <span class=\"_ _10\"> </span>che <span class=\"_ _10\"> </span>l\u2019esercizio <span class=\"_ _10\"> </span>precedente<span class=\"_ _0\"></span> comprendeva <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilascio <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ondo <span class=\"_ _3\"></span>svalutazione <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>iscritto <span class=\"_ _3\"></span>nell\u2019attivo <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>638 <span class=\"_ _3\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i Euro, <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>elativi<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>al<span class=\"_ _0\"></span>la <span class=\"_ _b\"> </span>Descamps <span class=\"_ _b\"> </span>S.<span class=\"_ _0\"></span>A.S., <span class=\"_ _b\"> </span>allora <span class=\"_ _b\"> </span>parte<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>correlata.<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>In<span class=\"_ _0\"></span>oltre, <span class=\"_ _b\"> </span>nel <span class=\"_ _b\"> </span>2021 <span class=\"_ _b\"> </span>la <span class=\"_ _b\"> </span>v<span class=\"_ _0\"></span>oce beneficiava <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>isparmi <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll\u2019utilizzo <span class=\"_ _0\"></span>degli <span class=\"_ _3\"></span>ammortizzatori <span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>iali, <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>CIG<span class=\"_ _0\"></span>O-COVID 19. Generali e amministrative (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Direzione ge<span class=\"_ _0\"></span>nerale    <span class=\"_ _0\"></span>          <span class=\"_ _0\"></span>          <span class=\"_ _0\"></span>         2.3642.101di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>31Ammini<span class=\"_ _0\"></span>strazione e<span class=\"_ _0\"></span> finanza2.6142.313di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>218EDP1.540974Personale529384Acquisti2727Legale269265di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>31<span class=\"_ _8b\"> </span>76Servizi genera<span class=\"_ _0\"></span>li1.204884di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>268.5476.948di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _197\"> </span>306<span class=\"_ _191\"> </span>76Gli <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"> </span>no<span class=\"_ _0\"></span>n <span class=\"_ _5\"></span>ricorrenti, <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ostenut<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"></span>Capogr<span class=\"_ _0\"></span>uppo, <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>rif<span class=\"_ _0\"></span>eriscono <span class=\"_ _5\"> </span>per <span class=\"_ _e\"> </span>62 <span class=\"_ _5\"></span>migliaia<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>Euro<span class=\"_ _0\"></span> alle <span class=\"_ _d\"></span>spese <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>consul<span class=\"_ _0\"></span>enza <span class=\"_ _d\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>legali <span class=\"_ _d\"></span>relative<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>ad <span class=\"_ _5\"></span>operazioni <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>traordinari<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>e <span class=\"_ _d\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>18 <span class=\"_ _5\"></span>migliaia <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i Euro <span class=\"_ _1\"> </span>alle <span class=\"_ _f\"> </span>s<span class=\"_ _0\"></span>pese <span class=\"_ _1\"> </span>di <span class=\"_ _f\"> </span>r<span class=\"_ _0\"></span>evisione <span class=\"_ _1\"> </span>relative <span class=\"_ _1\"> </span>ad <span class=\"_ _1\"> </span>esercizi <span class=\"_ _1\"> </span>precedent<span class=\"_ _0\"></span>i. <span class=\"_ _1\"> </span>Sono <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>mprese <span class=\"_ _1\"> </span>inoltre, <span class=\"_ _1\"> </span>26 migliaia di E<span class=\"_ _0\"></span>uro riferite alla <span class=\"_ _0\"></span>TARI relativa ad<span class=\"_ _0\"></span> esercizi prec<span class=\"_ _0\"></span>edenti. Nell\u2019esercizio <span class=\"_ _3\"></span>precedente <span class=\"_ _0\"></span>erano <span class=\"_ _0\"></span>inclus<span class=\"_ _0\"></span>i c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ricorr<span class=\"_ _0\"></span>enti, <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>76<span class=\"_ _0\"></span> m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro, c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>si riferivano <span class=\"_ _1\"> </span>alle <span class=\"_\"> </span>spese <span class=\"_ _1\"> </span>legali <span class=\"_\"> </span>relative <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>llo <span class=\"_ _1\"> </span>start-<span class=\"_ _0\"></span>up <span class=\"_ _1\"> </span>ed <span class=\"_ _1\"> </span>all\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>riconv<span class=\"_ _0\"></span>ersione <span class=\"_ _1\"> </span>dell<span class=\"_ _0\"></span>a nuova <span class=\"_ _b\"> </span>c<span class=\"_ _0\"></span>ontrollata <span class=\"_ _14\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>sostenute <span class=\"_ _14\"> </span>dalla <span class=\"_ _14\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _b\"> </span>(2<span class=\"_ _0\"></span>2 <span class=\"_ _b\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>Euro) <span class=\"_ _14\"> </span>e <span class=\"_ _14\"> </span>dalla controllata Zuc<span class=\"_ _0\"></span>kids (54 migliaia di<span class=\"_ _0\"></span> Euro).<span class=\"_ _0\"></span> Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Totale cos<span class=\"_ _0\"></span>ti di <span class=\"_ _0\"></span>struttura14.22<span class=\"_ _0\"></span>210.531di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>  <span class=\"_ _cc\"> </span>306<span class=\"_ _e6\"> </span>76La <span class=\"_ _5\"></span>voce <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>omprende <span class=\"_ _5\"></span>8<span class=\"_ _0\"></span>55 <span class=\"_ _5\"></span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>ammortamen<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>materi<span class=\"_ _0\"></span>ali <span class=\"_ _5\"></span>ed <span class=\"_ _5\"> </span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>532 migliaia di E<span class=\"_ _0\"></span>uro per ammortam<span class=\"_ _0\"></span>enti nell\u2019es<span class=\"_ _0\"></span>ercizio 2021).",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__97": {
   "value": "Nota 32 ALTRI RICAVI E COSTI Altri ricavi Sono cos\u00ec com<span class=\"_ _0\"></span>posti: (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Ricavi per <span class=\"_ _0\"></span>servizi a terzi(405)(775)Ricavi per <span class=\"_ _0\"></span>addebiti <span class=\"_ _0\"></span>vari(272)(634)Vendita g<span class=\"_ _0\"></span>reggi--Vendita p<span class=\"_ _0\"></span>rodotti--Ricavi da af<span class=\"_ _0\"></span>fitti(337)(297)Plusvalenze<span class=\"_ _0\"></span> alienazion<span class=\"_ _0\"></span>e cespi<span class=\"_ _0\"></span>ti(60)(3)Sopravvenienze atti<span class=\"_ _0\"></span>ve(373)(333)Altri(2.026)(1.385)(3.473)(3.427)I <span class=\"_ _0\"></span>ricavi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>servizi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>zi <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riferiscono <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>erviz<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>intercompany <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>market<span class=\"_ _0\"></span>ing, <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ministrativ<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>e di IT <span class=\"_ _0\"></span>tra <span class=\"_ _3\"></span>la Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> cont<span class=\"_ _0\"></span>rollata <span class=\"_ _0\"></span>Descamps<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>S.A.S. <span class=\"_ _0\"></span>risa<span class=\"_ _0\"></span>lenti a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>dell\u2019ac<span class=\"_ _0\"></span>quisizione. I <span class=\"_ _f\"> </span>ricav<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>per <span class=\"_ _1\"> </span>addebiti <span class=\"_ _f\"> </span>v<span class=\"_ _0\"></span>ari <span class=\"_ _1\"> </span>comprendono <span class=\"_ _1\"> </span>146 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _1\"> </span>per <span class=\"_ _f\"> </span>cos<span class=\"_ _0\"></span>ti <span class=\"_ _f\"> </span>p<span class=\"_ _0\"></span>ubblicitari <span class=\"_ _1\"> </span>e <span class=\"_ _f\"> </span>12<span class=\"_ _0\"></span>6 migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>market<span class=\"_ _0\"></span>ing <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>I.T. <span class=\"_ _3\"></span>sost<span class=\"_ _0\"></span>enuti <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _3\"></span>riadd<span class=\"_ _0\"></span>ebitati <span class=\"_ _3\"></span>alla Descamps S.A.<span class=\"_ _0\"></span>S. prima de<span class=\"_ _0\"></span>ll\u2019acquisizion<span class=\"_ _0\"></span>e. La <span class=\"_ _0\"></span>voc<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>\u201cAltr<span class=\"_ _0\"></span>i\u201d <span class=\"_ _3\"></span>comprende <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>incipalmente <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>neficio, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>647 <span class=\"_ _0\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>derivant<span class=\"_ _0\"></span>e dal credito <span class=\"_ _0\"></span>d\u2019imposta r<span class=\"_ _0\"></span>elativo al bo<span class=\"_ _0\"></span>nus <span class=\"_ _0\"></span>industria 4.<span class=\"_ _0\"></span>0 per <span class=\"_ _0\"></span>investimenti <span class=\"_ _0\"></span>in beni <span class=\"_ _0\"></span>strumental<span class=\"_ _0\"></span>i della Capogruppo. <span class=\"_ _1\"> </span>La <span class=\"_ _1\"> </span>voce <span class=\"_\"> </span>include <span class=\"_ _1\"> </span>anche <span class=\"_ _1\"> </span>127 <span class=\"_ _1\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_\"> </span>q<span class=\"_ _2\"></span>uali <span class=\"_ _1\"> </span>contri<span class=\"_ _0\"></span>buti <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>ricerc<span class=\"_ _0\"></span>a <span class=\"_ _1\"> </span>e sviluppo <span class=\"_ _d\"></span>e <span class=\"_ _3\"></span>6<span class=\"_ _0\"></span>3 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>per <span class=\"_ _d\"></span>royal<span class=\"_ _0\"></span>ties <span class=\"_ _d\"></span>attive <span class=\"_ _d\"></span>rifer<span class=\"_ _0\"></span>ite <span class=\"_ _d\"></span>alla <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>apogruppo; <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>comprese inoltre, <span class=\"_ _e\"> </span>70 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>un\u2019inde<span class=\"_ _0\"></span>nnit\u00e0 <span class=\"_ _e\"> </span>incassata <span class=\"_ _e\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>controllata <span class=\"_ _e\"> </span>Zucki<span class=\"_ _0\"></span>ds <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>seguito della chiusura <span class=\"_ _0\"></span>del negozio <span class=\"_ _0\"></span>di Trieste, com<span class=\"_ _0\"></span>e previsto d<span class=\"_ _0\"></span>al contratto di aff<span class=\"_ _0\"></span>itto. Nella <span class=\"_ _0\"></span>voce <span class=\"_ _0\"></span>\u201c<span class=\"_ _0\"></span>Sopravvenienz<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>attive\u201d <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>stati <span class=\"_ _0\"></span>regis<span class=\"_ _0\"></span>trati <span class=\"_ _3\"></span>storni d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>accantona<span class=\"_ _0\"></span>menti <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tanziati <span class=\"_ _0\"></span>in eccesso negli eser<span class=\"_ _0\"></span>cizi prec<span class=\"_ _0\"></span>edenti.  Gli <span class=\"_ _d\"></span>a<span class=\"_ _0\"></span>ffitti <span class=\"_ _5\"></span>att<span class=\"_ _0\"></span>ivi <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iferiscon<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>pri<span class=\"_ _0\"></span>ncipalmente <span class=\"_ _5\"> </span>ai<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>icavi <span class=\"_ _5\"> </span>derivant<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>dal <span class=\"_ _5\"></span>contrat<span class=\"_ _0\"></span>to <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>affitto<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>una porzione <span class=\"_ _10\"> </span>del <span class=\"_ _11\"> </span>magazzino <span class=\"_ _11\"> </span>di <span class=\"_ _10\"> </span>Cuggiono, <span class=\"_ _11\"> </span>pari <span class=\"_ _10\"> </span>a <span class=\"_ _11\"> </span>213 <span class=\"_ _10\"> </span>migliaia <span class=\"_ _10\"> </span>di<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>Euro, <span class=\"_ _11\"> </span>stipulato <span class=\"_ _10\"> </span>dalla Capogruppo con <span class=\"_ _0\"></span>una societ\u00e0 di <span class=\"_ _0\"></span>logistica. <span class=\"_ _0\"></span> Altri costi (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Costi per <span class=\"_ _0\"></span>servizi a terzi396775Costo per <span class=\"_ _0\"></span>addebiti<span class=\"_ _0\"></span> vari248473Costo ese<span class=\"_ _0\"></span>rcizio fab<span class=\"_ _0\"></span>bricati<span class=\"_ _0\"></span> affittati138-Minusvalenze alien<span class=\"_ _0\"></span>azione ce<span class=\"_ _0\"></span>spiti-1Sopravvenienze pas<span class=\"_ _0\"></span>sive608835di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>68<span class=\"_ _8b\"> </span>472Altri 1.155205di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>   <span class=\"_ _70\"> </span>5962.5452.289di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>664<span class=\"_ _191\"> </span>472I <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>addeb<span class=\"_ _0\"></span>iti <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>ervizi <span class=\"_ _5\"></span>sono <span class=\"_ _5\"></span>relativi <span class=\"_ _5\"> </span>a<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>riaddebiti <span class=\"_ _5\"></span>effett<span class=\"_ _0\"></span>uati <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"></span>C<span class=\"_ _0\"></span>apogruppo <span class=\"_ _5\"> </span>al<span class=\"_ _0\"></span>la societ\u00e0 control<span class=\"_ _0\"></span>lata Descam<span class=\"_ _0\"></span>ps S.A.S. pr<span class=\"_ _0\"></span>ima dell\u2019ac<span class=\"_ _0\"></span>quisizione. La voce \u201cSopravv<span class=\"_ _0\"></span>enienze p<span class=\"_ _0\"></span>assive\u201d include cost<span class=\"_ _0\"></span>i per fat<span class=\"_ _0\"></span>ture relative ad <span class=\"_ _0\"></span>esercizi pre<span class=\"_ _0\"></span>cedenti. Gli <span class=\"_ _a\"> </span>\u201con<span class=\"_ _0\"></span>eri <span class=\"_ _a\"> </span>non <span class=\"_ _a\"> </span>r<span class=\"_ _0\"></span>icorrent<span class=\"_ _0\"></span>i\u201d <span class=\"_ _a\"> </span>si <span class=\"_ _b\"> </span>riferiscono <span class=\"_ _a\"> </span>pr<span class=\"_ _0\"></span>incipalmen<span class=\"_ _0\"></span>te <span class=\"_ _a\"> </span>a <span class=\"_ _b\"> </span>costi <span class=\"_ _b\"> </span>e <span class=\"_ _a\"> </span>acca<span class=\"_ _0\"></span>ntonamenti <span class=\"_ _b\"> </span>della controllata <span class=\"_ _a\"> </span>Descamps <span class=\"_ _a\"> </span>S.A.S. <span class=\"_ _a\"> </span>relativi <span class=\"_ _a\"> </span>ad <span class=\"_\"> </span>operaz<span class=\"_ _0\"></span>ioni <span class=\"_ _a\"> </span>straordinarie. <span class=\"_ _a\"> </span>Comprendon<span class=\"_ _0\"></span>o <span class=\"_\"> </span>i<span class=\"_ _0\"></span>noltre, sopravvenienz<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>passive <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iguardanti <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>egozi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ella <span class=\"_ _3\"></span>cont<span class=\"_ _0\"></span>rollata <span class=\"_ _3\"></span>Zucki<span class=\"_ _0\"></span>ds <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>ati <span class=\"_ _3\"></span>ceduti nel mese di nov<span class=\"_ _0\"></span>embre 202<span class=\"_ _0\"></span>2. Gli <span class=\"_ _0\"></span>\u201coneri <span class=\"_ _3\"></span>non r<span class=\"_ _0\"></span>icorr<span class=\"_ _0\"></span>enti\u201d <span class=\"_ _0\"></span>registr<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _0\"></span>prec<span class=\"_ _0\"></span>edente <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>sopravv<span class=\"_ _0\"></span>enienze<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>passive <span class=\"_ _3\"></span>si riferivano <span class=\"_\"> </span>per <span class=\"_\"> </span>279 <span class=\"_\"> </span>m<span class=\"_ _0\"></span>igliaia <span class=\"_\"> </span>di <span class=\"_\"> </span>Euro <span class=\"_\"> </span>a <span class=\"_\"> </span>sanzio<span class=\"_ _0\"></span>ni <span class=\"_\"> </span>su <span class=\"_\"> </span>imposte <span class=\"_\"> </span>relative <span class=\"_\"> </span>all\u2019<span class=\"_ _0\"></span>anno <span class=\"_\"> </span>2015 <span class=\"_\"> </span>il <span class=\"_\"> </span>cui pagamento <span class=\"_ _a\"> </span>non <span class=\"_\"> </span>era <span class=\"_ _a\"> </span>stato<span class=\"_ _0\"></span> <span class=\"_\"> </span>effett<span class=\"_ _0\"></span>uato <span class=\"_ _a\"> </span>a <span class=\"_\"> </span>seg<span class=\"_ _0\"></span>uito <span class=\"_\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _a\"> </span>d<span class=\"_ _2\"></span>omanda <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>r<span class=\"_ _0\"></span>ateazione<span class=\"_ _0\"></span> <span class=\"_\"> </span>dei <span class=\"_ _a\"> </span>debiti esistenti <span class=\"_ _0\"></span>alla data di <span class=\"_ _0\"></span>deposi<span class=\"_ _0\"></span>to della dom<span class=\"_ _0\"></span>anda d<span class=\"_ _0\"></span>i ammiss<span class=\"_ _0\"></span>ione ex <span class=\"_ _0\"></span>art. 161, s<span class=\"_ _0\"></span>esto com<span class=\"_ _0\"></span>ma, della L.F.. <span class=\"_ _9\"> </span>Erano <span class=\"_ _9\"> </span>co<span class=\"_ _0\"></span>mprese <span class=\"_ _9\"> </span>inoltre, <span class=\"_ _9\"> </span>19<span class=\"_ _0\"></span>3 <span class=\"_ _9\"> </span>migliaia <span class=\"_ _10\"> </span>di <span class=\"_ _9\"> </span>Euro <span class=\"_ _9\"> </span>quali <span class=\"_ _9\"> </span>comm<span class=\"_ _0\"></span>issioni <span class=\"_ _9\"> </span>pa<span class=\"_ _0\"></span>gate <span class=\"_ _9\"> </span>dalla controllata Bas<span class=\"_ _0\"></span>setti Deutsc<span class=\"_ _0\"></span>hland relat<span class=\"_ _0\"></span>ive al 2020. Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Totale altr<span class=\"_ _0\"></span>i ricavi e c<span class=\"_ _0\"></span>osti(928)(1.138)di cui non ricorrenti     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>     <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>    <span class=\"_ _82\"> </span>664<span class=\"_ _191\"> </span>472Nota 33  ONERI E PROVENTI DI RISTRUTTURAZIONE Proventi di ristrutturazione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Plusvalenza<span class=\"_ _0\"></span> cessio<span class=\"_ _0\"></span>ne att<span class=\"_ _0\"></span>ivit\u00e0 non c<span class=\"_ _0\"></span>orrenti desti<span class=\"_ _0\"></span>nate alla<span class=\"_ _0\"></span> vendita-<span class=\"_ _16e\"></span>                <span class=\"_ _0\"></span>       <span class=\"_ _0\"></span>   <span class=\"_ _198\"> </span>(413)Rilascio<span class=\"_ _0\"></span> fondi <span class=\"_ _0\"></span>rischi i<span class=\"_ _0\"></span>n esube<span class=\"_ _0\"></span>ro---(413)I <span class=\"_ _8\"> </span>proventi <span class=\"_ _8\"> </span>di <span class=\"_ _8\"> </span>ristruttur<span class=\"_ _0\"></span>azione <span class=\"_ _8\"> </span>dell\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_ _8\"> </span>2021 <span class=\"_ _8\"> </span>si<span class=\"_ _0\"></span> <span class=\"_ _8\"> </span>riferivano <span class=\"_ _8\"> </span>alla <span class=\"_ _8\"> </span>ces<span class=\"_ _0\"></span>sione<span class=\"_ _0\"></span> <span class=\"_ _14\"> </span>dell\u2019intero complesso <span class=\"_ _a\"> </span>industriale <span class=\"_ _a\"> </span>di <span class=\"_\"> </span>Isca <span class=\"_ _a\"> </span>Pantanelle <span class=\"_\"> </span>c<span class=\"_ _0\"></span>he <span class=\"_\"> </span>av<span class=\"_ _0\"></span>eva <span class=\"_ _a\"> </span>generato <span class=\"_\"> </span>una <span class=\"_ _a\"> </span>plusvalenza<span class=\"_ _0\"></span> <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>413 migliaia di E<span class=\"_ _0\"></span>uro. Oneri di ristrutturazione (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Incentivi a<span class=\"_ _0\"></span>ll'esodo506770Spese le<span class=\"_ _0\"></span>gali p<span class=\"_ _0\"></span>iano di <span class=\"_ _0\"></span>ristruttura<span class=\"_ _0\"></span>zione3724Minusvalenza cess<span class=\"_ _0\"></span>ione Notar<span class=\"_ _0\"></span>esco304-847794Gli <span class=\"_ _e\"> </span>oneri <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>r<span class=\"_ _0\"></span>istrutturazione<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>relativi<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>alla <span class=\"_ _e\"> </span>cessione <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019intero <span class=\"_ _e\"> </span>compl<span class=\"_ _0\"></span>esso <span class=\"_ _e\"> </span>indus<span class=\"_ _0\"></span>triale <span class=\"_ _e\"> </span>di Notaresco <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>er <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>3 <span class=\"_ _d\"></span>milion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>zialmente <span class=\"_ _3\"></span>in <span class=\"_ _d\"></span>linea <span class=\"_ _3\"></span>col<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>valore <span class=\"_ _d\"></span>dell\u2019area al <span class=\"_\"> </span>31 <span class=\"_\"> </span>dicembre<span class=\"_ _0\"></span> <span class=\"_\"> </span>2021 <span class=\"_\"> </span>otte<span class=\"_ _0\"></span>nuto <span class=\"_\"> </span>da <span class=\"_\"> </span>un<span class=\"_ _0\"></span> <span class=\"_\"> </span>terzo <span class=\"_ _a\"> </span>i<span class=\"_ _2\"></span>ndipendent<span class=\"_ _0\"></span>e. <span class=\"_\"> </span>La <span class=\"_\"> </span>vendita <span class=\"_ _a\"> </span>ha <span class=\"_\"> </span>generato <span class=\"_\"> </span>u<span class=\"_ _0\"></span>na minusvalenza <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>15<span class=\"_ _0\"></span>4 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Euro <span class=\"_ _d\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un\u2019u<span class=\"_ _0\"></span>lteriore <span class=\"_ _d\"></span>perdita <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>15<span class=\"_ _0\"></span>0 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rifer<span class=\"_ _0\"></span>ita ad <span class=\"_ _11\"> </span>un<span class=\"_ _0\"></span>\u2019indennit\u00e0 <span class=\"_ _13\"> </span>risarcitori<span class=\"_ _0\"></span>a <span class=\"_ _11\"> </span>a <span class=\"_ _13\"> </span>favore <span class=\"_ _13\"> </span>dell\u2019acqu<span class=\"_ _0\"></span>irente <span class=\"_ _13\"> </span>e <span class=\"_ _11\"> </span>prevista <span class=\"_ _13\"> </span>da <span class=\"_ _13\"> </span>alcune <span class=\"_ _13\"> </span>clausole contrattuali. <span class=\"_\"> </span>Sono <span class=\"_ _1\"> </span>com<span class=\"_ _0\"></span>presi <span class=\"_\"> </span>inoltre, <span class=\"_\"> </span>gli <span class=\"_ _1\"> </span>incentivi <span class=\"_\"> </span>all\u2019esodo <span class=\"_\"> </span>accantonati <span class=\"_\"> </span>dalla <span class=\"_ _1\"> </span>Capogruppo<span class=\"_ _0\"></span> (225 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>Eur<span class=\"_ _0\"></span>o) <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>dalle <span class=\"_ _e\"> </span>controllate <span class=\"_ _e\"> </span>Zuckids <span class=\"_ _e\"> </span>S.r<span class=\"_ _0\"></span>.l. <span class=\"_ _5\"></span>(65 <span class=\"_ _e\"> </span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro) <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>Des<span class=\"_ _0\"></span>camps S.A.S. (213 mi<span class=\"_ _0\"></span>gliaia di Eur<span class=\"_ _0\"></span>o) e quelli <span class=\"_ _0\"></span>pagati dalla Capo<span class=\"_ _0\"></span>gruppo per <span class=\"_ _0\"></span>3 migliaia di <span class=\"_ _0\"></span>Euro. Gli <span class=\"_ _12\"> </span>oneri<span class=\"_ _0\"></span> <span class=\"_ _12\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _12\"> </span>ristruttur<span class=\"_ _0\"></span>azione <span class=\"_ _d6\"> </span>dell\u2019esercizio <span class=\"_ _d6\"> </span>precedente <span class=\"_ _d6\"> </span>erano <span class=\"_ _12\"> </span>relativi <span class=\"_ _d6\"> </span>al <span class=\"_ _d6\"> </span>piano <span class=\"_ _12\"> </span>di riorganizzazione <span class=\"_ _a\"> </span>del <span class=\"_\"> </span>personale <span class=\"_ _a\"> </span>della <span class=\"_\"> </span>Capogru<span class=\"_ _0\"></span>ppo <span class=\"_\"> </span>e<span class=\"_ _0\"></span> <span class=\"_\"> </span>si <span class=\"_ _a\"> </span>ri<span class=\"_ _2\"></span>ferivano <span class=\"_ _a\"> </span>ad<span class=\"_ _2\"></span> <span class=\"_ _a\"> </span>in<span class=\"_ _2\"></span>centiv<span class=\"_ _0\"></span>i <span class=\"_\"> </span>all\u2019esodo, pagati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>32 <span class=\"_ _3\"></span>miglia<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>accan<span class=\"_ _0\"></span>tonati <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>732 <span class=\"_ _d\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro, <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>alle <span class=\"_ _3\"></span>spese <span class=\"_ _3\"></span>legali per 24 migliaia d<span class=\"_ _0\"></span>i Euro. <span class=\"_ _0\"></span> Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Totale one<span class=\"_ _0\"></span>ri e (proventi<span class=\"_ _0\"></span>) di ristrut<span class=\"_ _0\"></span>turazione847381",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__98": {
   "value": "Nota 34 ONERI E PROVENTI FINANZIARI NETTI Proventi finanziari (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Da crediti a<span class=\"_ _0\"></span> lungo termi<span class=\"_ _0\"></span>ne--Proventi di<span class=\"_ _0\"></span>versi dai pr<span class=\"_ _0\"></span>ecedenti<span class=\"_ _0\"></span>:da impres<span class=\"_ _0\"></span>e correlate-(3)da impres<span class=\"_ _0\"></span>a controlla<span class=\"_ _0\"></span>nte(29)(29)da altriAltri int<span class=\"_ _0\"></span>eressi<span class=\"_ _0\"></span> attivi(1)(1)Proventi di<span class=\"_ _0\"></span> attualizzazione e <span class=\"_ _0\"></span>rettifi<span class=\"_ _0\"></span>che di valore di a<span class=\"_ _0\"></span>ttivit\u00e0 (2)<span class=\"_ _75\"> </span>(99)Altri provent<span class=\"_ _0\"></span>i finanziar<span class=\"_ _0\"></span>i(95)(84)Totale proventi d<span class=\"_ _0\"></span>a alt<span class=\"_ _0\"></span>ri(98)(184)Totale proven<span class=\"_ _0\"></span>ti finanziari(127)(216)Gli <span class=\"_ _3\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _d\"></span>da <span class=\"_ _d\"></span>impresa <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ontrollante <span class=\"_ _d\"></span>si <span class=\"_ _d\"></span>r<span class=\"_ _0\"></span>iferiscono <span class=\"_ _3\"></span>ag<span class=\"_ _0\"></span>li <span class=\"_ _d\"></span>interess<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>maturat<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>nei <span class=\"_ _d\"></span>prim<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sei <span class=\"_ _d\"></span>mesi dell\u2019esercizio <span class=\"_ _5\"></span>sul <span class=\"_ _5\"></span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _d\"></span>vers<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>la <span class=\"_ _d\"></span>contro<span class=\"_ _0\"></span>llante <span class=\"_ _5\"></span>Zucchi <span class=\"_ _d\"></span>S.<span class=\"_ _0\"></span>p.A. <span class=\"_ _d\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _d\"></span>stato <span class=\"_ _5\"></span>r<span class=\"_ _0\"></span>imborsato alla scadenz<span class=\"_ _0\"></span>a del 30 giugn<span class=\"_ _0\"></span>o 2022. Proventi finanziari da rinuncia al debito bancario (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Proventi fina<span class=\"_ _0\"></span>nziari da r<span class=\"_ _0\"></span>inuncia <span class=\"_ _0\"></span>al debit<span class=\"_ _0\"></span>o bancario-<span class=\"_ _16e\"></span>           <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>  <span class=\"_ _92\"> </span>-<span class=\"_ _193\"></span>       <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>      di cui non ricorrenti      <span class=\"_ _0\"></span>   <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>    <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>      <span class=\"_ _0\"></span>    Al <span class=\"_\"> </span>31 <span class=\"_ _a\"> </span>dicembre <span class=\"_ _a\"> </span>2022, <span class=\"_\"> </span>c<span class=\"_ _0\"></span>os\u00ec <span class=\"_ _a\"> </span>come <span class=\"_\"> </span>nell\u2019es<span class=\"_ _0\"></span>ercizio <span class=\"_\"> </span>pr<span class=\"_ _0\"></span>ecedente, <span class=\"_ _a\"> </span>non <span class=\"_ _a\"> </span>si <span class=\"_\"> </span>registrano <span class=\"_ _a\"> </span>proventi finanziari non r<span class=\"_ _0\"></span>icorrenti da r<span class=\"_ _0\"></span>inuncia al deb<span class=\"_ _0\"></span>ito bancario. <span class=\"_ _0\"></span> Rettifiche di valore di cred<span class=\"_ _0\"></span>iti finanziari Nell\u2019esercizio n<span class=\"_ _0\"></span>on sono state r<span class=\"_ _0\"></span>egistrate rettific<span class=\"_ _0\"></span>he di valo<span class=\"_ _0\"></span>re ai crediti finanz<span class=\"_ _0\"></span>iari. Oneri finanziari (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>20<span class=\"_ _0\"></span>21Verso altriInteressi<span class=\"_ _0\"></span> su de<span class=\"_ _0\"></span>biti banc<span class=\"_ _0\"></span>ari654678Interessi<span class=\"_ _0\"></span> su al<span class=\"_ _0\"></span>tri debiti1.350908Oneri di a<span class=\"_ _0\"></span>ttualizzazione e<span class=\"_ _0\"></span> rettifich<span class=\"_ _0\"></span>e di valo<span class=\"_ _0\"></span>re60216Altri oneri<span class=\"_ _0\"></span> finan<span class=\"_ _0\"></span>ziari133-Totale one<span class=\"_ _0\"></span>ri finanziari2.1971.802Negli <span class=\"_ _1\"> </span>\u201cinteres<span class=\"_ _0\"></span>si <span class=\"_ _1\"> </span>su <span class=\"_ _1\"> </span>altri <span class=\"_ _1\"> </span>debit<span class=\"_ _0\"></span>i\u201d <span class=\"_ _1\"> </span>sono <span class=\"_ _1\"> </span>stati <span class=\"_ _1\"> </span>regis<span class=\"_ _0\"></span>trati <span class=\"_ _1\"> </span>798 <span class=\"_\"> </span>migliaia <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>Euro <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>int<span class=\"_ _0\"></span>eressi <span class=\"_ _1\"> </span>per finanziamenti <span class=\"_ _d\"></span>in <span class=\"_ _d\"></span>lease. <span class=\"_ _d\"></span>La <span class=\"_ _d\"></span>voce <span class=\"_ _d\"></span>\u201cInteress<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>su <span class=\"_ _d\"></span>altri <span class=\"_ _d\"></span>debiti\u201d <span class=\"_ _d\"></span>comprende<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>tres\u00ec, <span class=\"_ _d\"></span>486 <span class=\"_ _d\"></span>migliaia <span class=\"_ _d\"></span>di Euro <span class=\"_ _a\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>inter<span class=\"_ _0\"></span>essi <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>u <span class=\"_ _a\"> </span>o<span class=\"_ _0\"></span>peraz<span class=\"_ _0\"></span>ioni <span class=\"_ _a\"> </span>di <span class=\"_ _b\"> </span>factoring<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _a\"> </span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _b\"> </span>ed <span class=\"_ _b\"> </span>interessi <span class=\"_ _b\"> </span>derivanti dall\u2019applicazion<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>llo I<span class=\"_ _0\"></span>AS <span class=\"_ _0\"></span>19 <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>enefici <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ipendenti <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ontrollata Zuckids per 21 <span class=\"_ _0\"></span>migliaia di <span class=\"_ _0\"></span>Euro. Nella <span class=\"_\"> </span>voce\u201d <span class=\"_\"> </span>Oneri <span class=\"_\"> </span>di <span class=\"_\"> </span>attualizzazione<span class=\"_ _0\"></span> <span class=\"_\"> </span>e <span class=\"_ _1\"> </span>ret<span class=\"_ _0\"></span>tifiche <span class=\"_\"> </span>di <span class=\"_\"> </span>valore\u201d <span class=\"_\"> </span>\u00e8 <span class=\"_\"> </span>registrato <span class=\"_\"> </span>l\u2019ammortament<span class=\"_ _0\"></span>o finanziario d<span class=\"_ _0\"></span>el costo ammor<span class=\"_ _0\"></span>tizzato relat<span class=\"_ _0\"></span>ivo al nuovo f<span class=\"_ _0\"></span>inanziamento d<span class=\"_ _0\"></span>ella Capogrup<span class=\"_ _0\"></span>po. Differenze cambio (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2<span class=\"_ _0\"></span>021Differenze c<span class=\"_ _0\"></span>ambio att<span class=\"_ _0\"></span>ive(741)(267)DIfferenze ca<span class=\"_ _0\"></span>mbio pa<span class=\"_ _0\"></span>ssive881319Totale diffe<span class=\"_ _0\"></span>renze cam<span class=\"_ _0\"></span>bio14052Le <span class=\"_ _e\"> </span>differ<span class=\"_ _0\"></span>enze <span class=\"_ _f\"> </span>cambio <span class=\"_ _e\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>3<span class=\"_ _0\"></span>1 <span class=\"_ _e\"> </span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _f\"> </span>2022 <span class=\"_ _e\"> </span>h<span class=\"_ _0\"></span>anno <span class=\"_ _f\"> </span>registrato <span class=\"_ _f\"> </span>un <span class=\"_ _e\"> </span>e<span class=\"_ _0\"></span>ffetto <span class=\"_ _f\"> </span>negativo <span class=\"_ _f\"> </span>per <span class=\"_ _f\"> </span>140 migliaia di E<span class=\"_ _0\"></span>uro rispetto ad <span class=\"_ _0\"></span>un saldo negativo <span class=\"_ _0\"></span>di 52 mi<span class=\"_ _0\"></span>gliaia di Euro<span class=\"_ _0\"></span> dell\u2019anno prec<span class=\"_ _0\"></span>edente.<span class=\"_ _0\"></span> Totale (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Totale (provent<span class=\"_ _0\"></span>i) oneri f<span class=\"_ _0\"></span>inanziari <span class=\"_ _0\"></span>netti2.2101.638Nota 35 ONERI E PROVENTI DA PARTECIPAZIONI<span class=\"fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>2021Dividendi--Minusvalenza su al<span class=\"_ _0\"></span>ienazione<span class=\"_ _0\"></span> partecipazi<span class=\"_ _0\"></span>oni----Nell\u2019esercizio <span class=\"_ _5\"></span>2<span class=\"_ _0\"></span>022 <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _5\"></span>stati <span class=\"_ _5\"></span>registra<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>oneri <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>prov<span class=\"_ _0\"></span>enti <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _d\"></span>part<span class=\"_ _0\"></span>ecipazione <span class=\"_ _e\"> </span>cos\u00ec <span class=\"_ _5\"></span>come nell\u2019esercizio pr<span class=\"_ _0\"></span>ecedente.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__99": {
   "value": "Nota 36 IMPOSTE SUL REDDITO<span class=\"fs2 fc5\"> </span>(in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Imposte <span class=\"_ _0\"></span>corren<span class=\"_ _0\"></span>ti2.5332.044Imposte <span class=\"_ _0\"></span>antici<span class=\"_ _0\"></span>pate518(97)Imposte <span class=\"_ _0\"></span>diffe<span class=\"_ _0\"></span>rite (702)(1.765)2.349182Le <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mposte <span class=\"_ _3\"></span>correnti, <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>circa<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>2.53<span class=\"_ _0\"></span>3 <span class=\"_ _0\"></span>migli<span class=\"_ _0\"></span>aia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>ituite <span class=\"_ _3\"></span>principalmente <span class=\"_ _3\"></span>dalle imposte <span class=\"_ _5\"></span>accant<span class=\"_ _0\"></span>onate, <span class=\"_ _5\"> </span>e <span class=\"_ _e\"> </span>in <span class=\"_ _5\"> </span>parte <span class=\"_ _e\"> </span>versate, <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _5\"> </span>Cap<span class=\"_ _0\"></span>ogruppo <span class=\"_ _5\"></span>(1<span class=\"_ _0\"></span>88 <span class=\"_ _5\"></span>migliaia <span class=\"_ _e\"> </span>di <span class=\"_ _5\"> </span>Eur<span class=\"_ _0\"></span>o) <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span>lle controllate <span class=\"_ _d\"></span>Descamps <span class=\"_ _d\"></span>S.A.S. <span class=\"_ _d\"></span>(170 <span class=\"_ _d\"></span>migl<span class=\"_ _0\"></span>iaia <span class=\"_ _3\"></span>di <span class=\"_ _d\"></span>Euro), <span class=\"_ _d\"></span>Bassetti <span class=\"_ _3\"></span>D<span class=\"_ _0\"></span>eutsch<span class=\"_ _0\"></span>land <span class=\"_ _d\"></span>G.m.b.H. <span class=\"_ _d\"></span>(1.834<span class=\"_ _0\"></span> migliaia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Euro), <span class=\"_ _3\"></span>Ba<span class=\"_ _2\"></span>ssetti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Schw<span class=\"_ _0\"></span>eiz <span class=\"_ _3\"></span>A.G. <span class=\"_ _3\"></span>(302 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro)<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>Basital<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>S.r.l. <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>39 <span class=\"_ _3\"></span>migliaia di Euro).  Sono <span class=\"_\"> </span>state <span class=\"_ _1\"> </span>rilevate <span class=\"_\"> </span>variazioni <span class=\"_\"> </span>delle <span class=\"_\"> </span>imposte <span class=\"_ _1\"> </span>differ<span class=\"_ _0\"></span>ite <span class=\"_\"> </span>attive <span class=\"_ _1\"> </span>e/o <span class=\"_\"> </span>passive <span class=\"_\"> </span>considerando <span class=\"_\"> </span>le differenze <span class=\"_ _f\"> </span>temporane<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>che <span class=\"_ _f\"> </span>daranno <span class=\"_ _f\"> </span>luogo <span class=\"_ _f\"> </span>ad <span class=\"_ _f\"> </span>ammontar<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>imponibili <span class=\"_ _f\"> </span>nella <span class=\"_ _f\"> </span>deter<span class=\"_ _0\"></span>minazione dell\u2019utile <span class=\"_ _e\"> </span>impo<span class=\"_ _0\"></span>nibile <span class=\"_ _e\"> </span>(o <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>ella <span class=\"_ _e\"> </span>perdita <span class=\"_ _e\"> </span>f<span class=\"_ _0\"></span>iscale) <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>futuri <span class=\"_ _e\"> </span>es<span class=\"_ _0\"></span>ercizi <span class=\"_ _e\"> </span>nei <span class=\"_ _e\"> </span>qua<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>valore <span class=\"_ _e\"> </span>conta<span class=\"_ _0\"></span>bile dell\u2019attivit\u00e0 o pas<span class=\"_ _0\"></span>sivit\u00e0 sar\u00e0 r<span class=\"_ _0\"></span>ecuperato o p<span class=\"_ _0\"></span>agato. Non <span class=\"_ _d\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _d\"></span>stat<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>sc<span class=\"_ _0\"></span>ritte <span class=\"_ _d\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _5\"></span>sulle <span class=\"_ _5\"></span>riserve <span class=\"_ _5\"></span>di <span class=\"_ _d\"></span>u<span class=\"_ _0\"></span>tili <span class=\"_ _5\"></span>non <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>istribuiti <span class=\"_ _5\"></span>dalle <span class=\"_ _5\"></span>controllate, dal <span class=\"_ _3\"></span>momento <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>ruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>control<span class=\"_ _0\"></span>lare <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>tempistiche<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>distribuzione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>dett<span class=\"_ _0\"></span>e riserve ed \u00e8 prob<span class=\"_ _0\"></span>abile che <span class=\"_ _0\"></span>non siano distr<span class=\"_ _0\"></span>ibuite nel prev<span class=\"_ _0\"></span>edibile futuro.<span class=\"_ _0\"></span> In <span class=\"_ _3\"></span>fase <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>cons<span class=\"_ _0\"></span>olidamento, <span class=\"_ _d\"></span>s<span class=\"_ _0\"></span>ono <span class=\"_ _3\"></span>stat<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>levate <span class=\"_ _d\"></span>variazioni <span class=\"_ _d\"></span>delle <span class=\"_ _d\"></span>impos<span class=\"_ _0\"></span>te <span class=\"_ _d\"></span>differite <span class=\"_ _d\"></span>relative <span class=\"_ _5\"></span>alle scritture effettuate.<span class=\"_ _0\"></span> Per le variaz<span class=\"_ _0\"></span>ioni delle impo<span class=\"_ _0\"></span>ste anticipate <span class=\"_ _0\"></span>e differite si<span class=\"_ _0\"></span> rinvia alla No<span class=\"_ _0\"></span>ta 23. La <span class=\"_ _d\"></span>differ<span class=\"_ _0\"></span>enza <span class=\"_ _d\"></span>tra<span class=\"_ _0\"></span> <span class=\"_ _d\"></span>on<span class=\"_ _0\"></span>ere <span class=\"_ _d\"></span>f<span class=\"_ _0\"></span>iscale <span class=\"_ _5\"></span>iscritto <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>bi<span class=\"_ _0\"></span>lancio <span class=\"_ _5\"></span>e <span class=\"_ _d\"></span>l\u2019oner<span class=\"_ _0\"></span>e <span class=\"_ _d\"></span>fiscale <span class=\"_ _5\"> </span>teor<span class=\"_ _0\"></span>ico <span class=\"_ _d\"></span>\u00e8 <span class=\"_ _5\"></span>princ<span class=\"_ _0\"></span>ipalmente riferita <span class=\"_ _e\"> </span>all\u2019utilizzo <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>perdite <span class=\"_ _e\"> </span>fiscali <span class=\"_ _e\"> </span>portate <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>nuovo <span class=\"_ _e\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Capogruppo <span class=\"_ _e\"> </span>a <span class=\"_ _e\"> </span>fronte <span class=\"_ _e\"> </span>dell<span class=\"_ _0\"></span>e <span class=\"_ _e\"> </span>quali, nell\u2019esercizio pr<span class=\"_ _0\"></span>ecedente, n<span class=\"_ _0\"></span>on erano state at<span class=\"_ _0\"></span>tivate imp<span class=\"_ _0\"></span>oste anticipate",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__100": {
   "value": "Nota 37 DIVIDENDI<span class=\"fs2 fc5\"> </span>Relativamente <span class=\"_ _a\"> </span>all\u2019esercizio <span class=\"_\"> </span>2022<span class=\"_ _0\"></span> <span class=\"_\"> </span>viene <span class=\"_\"> </span>propos<span class=\"_ _0\"></span>ta <span class=\"_\"> </span>all\u2019As<span class=\"_ _0\"></span>semblea <span class=\"_\"> </span>ord<span class=\"_ _0\"></span>inaria <span class=\"_\"> </span>degl<span class=\"_ _0\"></span>i <span class=\"_\"> </span>azionist<span class=\"_ _0\"></span>i, convocata <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>giorno <span class=\"_ _3\"></span>5 <span class=\"_ _3\"></span>giugno <span class=\"_ _3\"></span>2023<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>distribuzi<span class=\"_ _0\"></span>one <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>divi<span class=\"_ _0\"></span>dendo <span class=\"_ _3\"></span>ordinario,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>mediante utilizzo <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>parte <span class=\"_ _e\"> </span>de<span class=\"_ _0\"></span>ll\u2019utile <span class=\"_ _e\"> </span>netto <span class=\"_ _e\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _e\"> </span>esercizio <span class=\"_ _e\"> </span>20<span class=\"_ _0\"></span>22, <span class=\"_ _e\"> </span>per <span class=\"_ _e\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>importo <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>mplessiv<span class=\"_ _0\"></span>o <span class=\"_ _e\"> </span>pari <span class=\"_ _e\"> </span>a circa <span class=\"_ _e\"> </span>3 <span class=\"_ _f\"> </span>milioni <span class=\"_ _e\"> </span>di <span class=\"_ _e\"> </span>Euro, <span class=\"_ _f\"> </span>corrispondente <span class=\"_ _f\"> </span>a <span class=\"_ _e\"> </span>0,1184 <span class=\"_ _e\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _e\"> </span>cias<span class=\"_ _0\"></span>cuna <span class=\"_ _e\"> </span>delle <span class=\"_ _f\"> </span>n. <span class=\"_ _e\"> </span>25.331.766 <span class=\"_ _e\"> </span>az<span class=\"_ _0\"></span>ioni ordinarie in circ<span class=\"_ _0\"></span>olazione. Si ricorda <span class=\"_ _0\"></span>che, <span class=\"_ _0\"></span>in data 3 <span class=\"_ _0\"></span>feb<span class=\"_ _0\"></span>braio 202<span class=\"_ _0\"></span>2, l\u2019Assem<span class=\"_ _0\"></span>blea or<span class=\"_ _0\"></span>dinaria d<span class=\"_ _0\"></span>egli azion<span class=\"_ _0\"></span>isti ha ap<span class=\"_ _0\"></span>provato l<span class=\"_ _0\"></span>a distribuzione <span class=\"_\"> </span>d<span class=\"_ _2\"></span>i <span class=\"_ _1\"> </span>un <span class=\"_ _1\"> </span>divi<span class=\"_ _0\"></span>dendo, <span class=\"_ _1\"> </span>mediante<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>utilizzo <span class=\"_\"> </span>di <span class=\"_ _f\"> </span>ri<span class=\"_ _0\"></span>serve <span class=\"_ _1\"> </span>di <span class=\"_ _1\"> </span>capita<span class=\"_ _0\"></span>le <span class=\"_ _1\"> </span>disponibi<span class=\"_ _0\"></span>li, <span class=\"_ _1\"> </span>per <span class=\"_ _1\"> </span>un importo <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mplessivo <span class=\"_ _3\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>circa <span class=\"_ _0\"></span>2.898<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>migliaia <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Eur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>stato<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>posto <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>pag<span class=\"_ _0\"></span>amento <span class=\"_ _3\"></span>il 9 febbraio 2022.<span class=\"_ _0\"></span> Inoltre, <span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lativamente <span class=\"_ _3\"></span>all\u2019esercizio <span class=\"_ _3\"></span>2021, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>giorno <span class=\"_ _0\"></span>28 <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>prile <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>l\u2019Assemb<span class=\"_ _0\"></span>lea <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>naria <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>gli azionisti <span class=\"_\"> </span>ha <span class=\"_ _a\"> </span>approvato <span class=\"_\"> </span>la <span class=\"_\"> </span>distribuz<span class=\"_ _0\"></span>ione <span class=\"_\"> </span>di <span class=\"_\"> </span>un<span class=\"_ _0\"></span> <span class=\"_\"> </span>divide<span class=\"_ _0\"></span>ndo, <span class=\"_\"> </span>mediante<span class=\"_ _0\"></span> <span class=\"_\"> </span>utilizzo <span class=\"_\"> </span>di <span class=\"_ _a\"> </span>una <span class=\"_\"> </span>parte dell\u2019utile <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ercizio <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>21, <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>importo <span class=\"_ _3\"></span>complessivo <span class=\"_ _3\"></span>pari <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>irca <span class=\"_ _3\"></span>6.001 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia di Euro che \u00e8 s<span class=\"_ _0\"></span>tato posto <span class=\"_ _0\"></span>in pagamento il<span class=\"_ _0\"></span> 4 maggio 20<span class=\"_ _0\"></span>22. Si <span class=\"_ _0\"></span>evidenz<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>i<span class=\"_ _2\"></span>nfine <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>l\u2019As<span class=\"_ _0\"></span>semblea <span class=\"_ _0\"></span>ordi<span class=\"_ _0\"></span>naria <span class=\"_ _3\"></span>degli <span class=\"_ _0\"></span>azionisti, <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>iorno <span class=\"_ _0\"></span>22 <span class=\"_ _3\"></span>dicembre <span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>022, <span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>a approvato <span class=\"_ _b\"> </span>l<span class=\"_ _0\"></span>a <span class=\"_ _b\"> </span>distribuzione<span class=\"_ _0\"></span> <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>un <span class=\"_ _b\"> </span>div<span class=\"_ _0\"></span>idendo, <span class=\"_ _14\"> </span>median<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>utilizzo <span class=\"_ _14\"> </span>di <span class=\"_ _b\"> </span>una <span class=\"_ _b\"> </span>par<span class=\"_ _0\"></span>te <span class=\"_ _b\"> </span>di <span class=\"_ _b\"> </span>riserve<span class=\"_ _0\"></span> disponibili, <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mporto <span class=\"_ _0\"></span>comples<span class=\"_ _0\"></span>sivo <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>cir<span class=\"_ _0\"></span>ca <span class=\"_ _0\"></span>2.101 <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>igliaia <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>uro <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>stato <span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>to in pagamento <span class=\"_ _0\"></span>in data 29 dic<span class=\"_ _0\"></span>embre 2022.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDividendsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__101": {
   "value": "Nota 38 UTILE (PERDITA) PER AZIONE Utile (perdita) per azione base Il calcolo degli ut<span class=\"_ _0\"></span>ili (perdite)<span class=\"_ _0\"></span> per azione di <span class=\"_ _0\"></span>base e diluito<span class=\"_ _0\"></span> \u00e8 basato su<span class=\"_ _0\"></span>i seguenti d<span class=\"_ _0\"></span>ati:  (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Utile (perd<span class=\"_ _0\"></span>ita) attri<span class=\"_ _0\"></span>buibile<span class=\"_ _0\"></span> agli azio<span class=\"_ _0\"></span>nisti3.0705.302Media pondera<span class=\"_ _0\"></span>ta azioni o<span class=\"_ _0\"></span>rdinarie eme<span class=\"_ _0\"></span>sse (<span class=\"_ _0\"></span>in '000)25.33<span class=\"_ _0\"></span>2<span class=\"_ _58\"> </span>25.332Utile (perd<span class=\"_ _0\"></span>ita) per azio<span class=\"_ _0\"></span>ne base0,1210,209Utile (perdita) per azione diluito (in migliaia di E<span class=\"_ _0\"></span>uro)2022<span class=\"_ _e5\"> </span>202<span class=\"_ _0\"></span>1Utile (perd<span class=\"_ _0\"></span>ita) attri<span class=\"_ _0\"></span>buibile<span class=\"_ _0\"></span> agli azio<span class=\"_ _0\"></span>nisti per<span class=\"_ _0\"></span> determin<span class=\"_ _0\"></span>are l'utile<span class=\"_ _0\"></span> (perdi<span class=\"_ _0\"></span>ta) per azio<span class=\"_ _0\"></span>ne diluito3.070<span class=\"_ _7a\"> </span>5<span class=\"_ _0\"></span>.302Azioni ordin<span class=\"_ _0\"></span>arie eme<span class=\"_ _0\"></span>sse per<span class=\"_ _0\"></span> il cal<span class=\"_ _0\"></span>colo de<span class=\"_ _0\"></span>ll'utile<span class=\"_ _0\"></span> (perdita) p<span class=\"_ _0\"></span>er azione d<span class=\"_ _0\"></span>iluit<span class=\"_ _0\"></span>o (in '000)25.33<span class=\"_ _0\"></span>2<span class=\"_ _17a\"></span>                   <span class=\"_ _0\"></span> <span class=\"_ _195\"> </span>25.3<span class=\"_ _0\"></span>32<span class=\"_ _17b\"></span>      <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> Utile (perd<span class=\"_ _0\"></span>ita) per azio<span class=\"_ _0\"></span>ne dilui<span class=\"_ _0\"></span>to0,1210,209",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__102": {
   "value": "Nota 39 RAPPORTI CON PARTI CORRELATE<span class=\"fs2 fc5\"> </span>Secondo <span class=\"_ _3\"></span>quanto <span class=\"_ _3\"></span>dispost<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>dallo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>24 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>deliber<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Consob <span class=\"_ _3\"></span>15519 <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>27 <span class=\"_ _3\"></span>lug<span class=\"_ _0\"></span>lio <span class=\"_ _3\"></span>2006, <span class=\"_ _3\"></span>i rapporti <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span>ervenuti <span class=\"_ _d\"></span>nel <span class=\"_ _d\"></span>cors<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>022, <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>egolati <span class=\"_ _d\"></span>a <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>ormali <span class=\"_ _3\"></span>cond<span class=\"_ _0\"></span>izioni <span class=\"_ _d\"></span>di <span class=\"_ _3\"></span>merc<span class=\"_ _0\"></span>ato, <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ondizioni equivalenti <span class=\"_ _13\"> </span>a <span class=\"_ _11\"> </span>qu<span class=\"_ _0\"></span>elle <span class=\"_ _11\"> </span>pre<span class=\"_ _0\"></span>valenti <span class=\"_ _13\"> </span>in <span class=\"_ _11\"> </span>liber<span class=\"_ _0\"></span>e <span class=\"_ _11\"> </span>tra<span class=\"_ _0\"></span>nsazioni <span class=\"_ _13\"> </span>tra <span class=\"_ _13\"> </span>parti <span class=\"_ _13\"> </span>indipendenti <span class=\"_ _13\"> </span>e <span class=\"_ _13\"> </span>riferiti principalmente <span class=\"_ _f\"> </span>ai <span class=\"_ _e\"> </span>rapporti <span class=\"_ _f\"> </span>con <span class=\"_ _e\"> </span>le <span class=\"_ _e\"> </span>socie<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _e\"> </span>collegate<span class=\"_ _0\"></span>, <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>s<span class=\"_ _0\"></span>tati <span class=\"_ _e\"> </span>ev<span class=\"_ _0\"></span>idenziati <span class=\"_ _e\"> </span>neg<span class=\"_ _0\"></span>li <span class=\"_ _e\"> </span>sc<span class=\"_ _0\"></span>hemi <span class=\"_ _e\"> </span>di bilancio e nel r<span class=\"_ _0\"></span>endiconto f<span class=\"_ _0\"></span>inanziario. Si <span class=\"_ _0\"></span>segnala <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>esc<span class=\"_ _0\"></span>amps <span class=\"_ _0\"></span>S.A.S.,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>come<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>gi\u00e0 <span class=\"_ _3\"></span>evidenziato, <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>22 <span class=\"_ _3\"></span>luglio <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>22 <span class=\"_ _0\"></span>\u00e8 stata <span class=\"_ _e\"> </span>interam<span class=\"_ _0\"></span>ente <span class=\"_ _f\"> </span>acquisita <span class=\"_ _e\"> </span>da<span class=\"_ _0\"></span>lla <span class=\"_ _e\"> </span>Vince<span class=\"_ _0\"></span>nzo <span class=\"_ _e\"> </span>Zucc<span class=\"_ _0\"></span>hi <span class=\"_ _e\"> </span>S<span class=\"_ _0\"></span>.p.A. <span class=\"_ _e\"> </span>div<span class=\"_ _0\"></span>enendo <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>ntrollata <span class=\"_ _f\"> </span>al <span class=\"_ _e\"> </span>100%, conseguente<span class=\"_ _0\"></span>mente <span class=\"_ _a\"> </span>i <span class=\"_ _a\"> </span>valori <span class=\"_ _a\"> </span>esposti <span class=\"_ _a\"> </span>nelle <span class=\"_ _a\"> </span>tabelle <span class=\"_ _a\"> </span>sottost<span class=\"_ _0\"></span>anti <span class=\"_ _a\"> </span>sono <span class=\"_ _a\"> </span>riferiti <span class=\"_ _a\"> </span>alle <span class=\"_ _a\"> </span>operazion<span class=\"_ _0\"></span>i effettuate <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ecedenza.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>A <span class=\"_ _0\"></span>far<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>dall\u2019acquisizione,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Des<span class=\"_ _0\"></span>camps <span class=\"_ _3\"></span>S.A.S. <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>onsolidata integralmente <span class=\"_ _e\"> </span>nel <span class=\"_ _f\"> </span>bilancio <span class=\"_ _e\"> </span>del <span class=\"_ _e\"> </span>Gruppo <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>l<span class=\"_ _0\"></span>e <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>elative <span class=\"_ _e\"> </span>tr<span class=\"_ _0\"></span>ansazioni <span class=\"_ _e\"> </span>e <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>sa<span class=\"_ _0\"></span>ldi <span class=\"_ _e\"> </span>patrimonia<span class=\"_ _0\"></span>li <span class=\"_ _5\"> </span>s<span class=\"_ _0\"></span>ono stati elisi nell\u2019am<span class=\"_ _0\"></span>bito del pro<span class=\"_ _0\"></span>cesso di consoli<span class=\"_ _0\"></span>damento.<span class=\"_ _0\"></span> Di <span class=\"_ _a\"> </span>segui<span class=\"_ _0\"></span>to <span class=\"_ _a\"> </span>s<span class=\"_ _0\"></span>i <span class=\"_ _a\"> </span>riporta<span class=\"_ _0\"></span> <span class=\"_ _a\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>tab<span class=\"_ _0\"></span>ella <span class=\"_ _b\"> </span>di <span class=\"_ _a\"> </span>d<span class=\"_ _0\"></span>ettaglio <span class=\"_ _b\"> </span>dell\u2019incidenz<span class=\"_ _0\"></span>a <span class=\"_ _a\"> </span>delle <span class=\"_ _b\"> </span>oper<span class=\"_ _0\"></span>azioni <span class=\"_ _b\"> </span>con <span class=\"_ _a\"> </span>par<span class=\"_ _0\"></span>ti correlate <span class=\"_ _3\"></span>sulla <span class=\"_ _0\"></span>situaz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>patrimoniale <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>sul <span class=\"_ _3\"></span>risultato <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po; <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riporta <span class=\"_ _3\"></span>inoltre una tabella d<span class=\"_ _0\"></span>i dettaglio dei r<span class=\"_ _0\"></span>apporti con le s<span class=\"_ _0\"></span>tesse.<span class=\"_ _0\"></span> Oneri e Quota Spese di Costi di Oneri e Costo del<span class=\"_ _0\"></span> Costi di Altri (ricavi) (proventi) (utile) Vendite nettevendita e pubblici<span class=\"_ _0\"></span>t\u00e0 e (proventi) vendutostrutturae costida perdita distribuzionepromozionefinanziari(in migliaia di Euro)partecipaz.collegateSociet\u00e0 controllant<span class=\"_ _0\"></span>eZucchi S.p.A<span class=\"_ _0\"></span>.             <span class=\"_ _0\"></span>      -   <span class=\"_ _a\"> </span>                       <span class=\"_ _0\"></span>-   <span class=\"_ _f\"> </span>         <span class=\"_ _0\"></span>          -   <span class=\"_ _199\"> </span>              <span class=\"_ _0\"></span>     -   <span class=\"_ _1\"> </span>                 -   (1)(29)              <span class=\"_ _0\"></span> -                <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>A              <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>        -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>   -   (1)(29)               <span class=\"_ _0\"></span>-                 -   Societ\u00e0 colleg<span class=\"_ _0\"></span>ateIntesa              <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>     276               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>    2               <span class=\"_ _0\"></span>-              <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -                 <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>        -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>   -                 <span class=\"_ _0\"></span>-              <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   B              <span class=\"_ _0\"></span>     -                  <span class=\"_ _0\"></span>     276               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>    2               <span class=\"_ _0\"></span>-              <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   Altre parti correlateDescamps              7.<span class=\"_ _0\"></span>484                <span class=\"_ _0\"></span>     543               <span class=\"_ _0\"></span>  101               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>  40 (604)           <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   C             7.<span class=\"_ _0\"></span>484                <span class=\"_ _0\"></span>     543               <span class=\"_ _0\"></span>  101               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>  40 (604)           <span class=\"_ _0\"></span>       -                  <span class=\"_ _0\"></span>-                 -   Totale A+B+C             7.<span class=\"_ _0\"></span>484                <span class=\"_ _0\"></span>     819               <span class=\"_ _0\"></span>  101               <span class=\"_ _0\"></span>     -                 <span class=\"_ _0\"></span>  42 (605)(29)               <span class=\"_ _0\"></span>-                 -   Totale a bilan<span class=\"_ _0\"></span>cio         113.88<span class=\"_ _0\"></span>5                <span class=\"_ _0\"></span>51.422            39.33<span class=\"_ _0\"></span>9              <span class=\"_ _0\"></span>1.354          14.<span class=\"_ _0\"></span>222 (928)           <span class=\"_ _0\"></span> 2.210                <span class=\"_ _0\"></span>-                 -   Incidenza %6,57%1,59%0,26%              <span class=\"_ _0\"></span>     -   0,30%65,19%-1,31%               <span class=\"_ _0\"></span>-                 -   Debiti Crediti Crediti fi<span class=\"_ _0\"></span>nanziari<span class=\"_ _19a\"> </span>Altri cre<span class=\"_ _0\"></span>diticommerc<span class=\"_ _0\"></span>iali e commerci<span class=\"_ _0\"></span>alialtri debit<span class=\"_ _0\"></span>i(in migliaia di Euro)Societ\u00e0 cont<span class=\"_ _0\"></span>rollanteZucchi S.<span class=\"_ _0\"></span>p.A.          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -   <span class=\"_ _a\"> </span>       <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   -                        <span class=\"_ _0\"></span>   2               <span class=\"_ _0\"></span>         - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>A          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -   <span class=\"_ _a\"> </span>       <span class=\"_ _0\"></span>             <span class=\"_ _0\"></span>   -                        <span class=\"_ _0\"></span>   2               <span class=\"_ _0\"></span>         - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Societ\u00e0 col<span class=\"_ _0\"></span>legateIntesa          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>        64 B          <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -                 <span class=\"_ _0\"></span>        64 Altre parti correlateAstrance <span class=\"_ _0\"></span>S.A.S.5              <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -   13Astrance <span class=\"_ _0\"></span>S.A.              <span class=\"_ _0\"></span>        50 C5              <span class=\"_ _0\"></span>         -                <span class=\"_ _0\"></span>         <span class=\"_ _0\"></span> -   63Totale A+B+C5              <span class=\"_ _0\"></span>         -   2127Totale a bila<span class=\"_ _0\"></span>ncio12.712              <span class=\"_ _0\"></span>         -   8.92140.538Incidenza %0,04%              <span class=\"_ _0\"></span>         -   0,02%0,31%Si <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>invia <span class=\"_ _3\"></span>a <span class=\"_ _d\"></span>qua<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ntenuto <span class=\"_ _d\"></span>nelle <span class=\"_ _d\"></span>Note <span class=\"_ _d\"></span>6.2 <span class=\"_ _d\"></span>relativam<span class=\"_ _0\"></span>ente <span class=\"_ _d\"></span>al <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>credito <span class=\"_ _d\"></span>nei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>confr<span class=\"_ _0\"></span>onti delle parti corr<span class=\"_ _0\"></span>elate. Flusso<span class=\"_ _0\"></span> di cassa<span class=\"_ _0\"></span> Flusso<span class=\"_ _0\"></span> di cassa<span class=\"_ _0\"></span> Flusso<span class=\"_ _0\"></span> di cas<span class=\"_ _0\"></span>sa generato/as<span class=\"_ _0\"></span>sorbito <span class=\"_ _0\"></span>dalle attivit<span class=\"_ _0\"></span>\u00e0 generato<span class=\"_ _0\"></span>/assorbito <span class=\"_ _0\"></span>dalle generato/as<span class=\"_ _0\"></span>sorbito da<span class=\"_ _0\"></span>lle operativeattivit\u00e0 di fi<span class=\"_ _0\"></span>nanziamen<span class=\"_ _0\"></span>toattivit\u00e0 <span class=\"_ _0\"></span>di investim<span class=\"_ _0\"></span>ento(in migli<span class=\"_ _0\"></span>aia di <span class=\"_ _0\"></span>Euro)Societ\u00e0 contr<span class=\"_ _0\"></span>ollanteZucchi<span class=\"_ _0\"></span> S.p.A.         <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>         1.<span class=\"_ _0\"></span>235 (9.131<span class=\"_ _0\"></span>)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>A         <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>         1.<span class=\"_ _0\"></span>235 (9.131<span class=\"_ _0\"></span>)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Societ\u00e0 coll<span class=\"_ _0\"></span>egateIntesa(258)         <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>          - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>B(258)         <span class=\"_ _0\"></span>        <span class=\"_ _0\"></span>                <span class=\"_ _0\"></span>          - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Altre parti correlateAstrance<span class=\"_ _0\"></span> Capital S.A.(4.255)<span class=\"_ _dd\"> </span>(<span class=\"_ _0\"></span>767)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>C(4.255)<span class=\"_ _dd\"> </span>(<span class=\"_ _0\"></span>767)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Totale A+B+C(3.278)<span class=\"_ _c8\"> </span>(9.898)            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Totale voce            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>    16.191<span class=\"_ _0\"></span> (2.412)<span class=\"_ _9d\"> </span>(22.913<span class=\"_ _0\"></span>)Incidenza perc<span class=\"_ _0\"></span>entual<span class=\"_ _0\"></span>e-20,2%<span class=\"_ _f7\"> </span>41<span class=\"_ _0\"></span>0,4%            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span>            <span class=\"_ _0\"></span> - <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>In <span class=\"_ _1\"> </span>m<span class=\"_ _0\"></span>erito <span class=\"_\"> </span>ad <span class=\"_\"> </span>alt<span class=\"_ _2\"></span>re <span class=\"_\"> </span>informazioni<span class=\"_ _0\"></span> <span class=\"_ _1\"> </span>circa<span class=\"_ _0\"></span> <span class=\"_\"> </span>le <span class=\"_ _1\"> </span>part<span class=\"_ _0\"></span>i <span class=\"_ _1\"> </span>correla<span class=\"_ _0\"></span>te <span class=\"_\"> </span>si <span class=\"_\"> </span>rin<span class=\"_ _2\"></span>via <span class=\"_\"> </span>a <span class=\"_ _1\"> </span>q<span class=\"_ _0\"></span>uanto <span class=\"_\"> </span>esposto <span class=\"_\"> </span>nella Relazione sulla <span class=\"_ _0\"></span>gestione.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__103": {
   "value": "Nota 42 COMPENSI ALLA SOCIETA\u2019 DI REVISIONE Compensi      <span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span><span class=\"fc4 sc0\"> </span>Tipologia di servizi<span class=\"_ _5a\"> </span>Soggetto che ha erogato il servizio<span class=\"_ _49\"> </span>Destinatario(migliaia d<span class=\"_ _2\"></span>i Euro)Revisione contabile<span class=\"_ _f6\"> </span>BDO IT<span class=\"_ _0\"></span>ALIA SpA<span class=\"_ _7a\"> </span>Vincenzo Zucchi S.p.A.<span class=\"_ _ca\"> </span>95<span class=\"_ _18c\"></span>       <span class=\"_ _0\"></span>              Revisione sui dati della Dichiarazione di carattere non finanziarioBDO ITALIA SpA<span class=\"_ _7a\"> </span>Vincenzo Zucchi S.p.A.<span class=\"_ _79\"> </span>22<span class=\"_ _18c\"></span>                     TOTALE COMPENS<span class=\"_ _0\"></span>I<span class=\"_ _19f\"> </span>117<span class=\"_ _18c\"></span>           <span class=\"_ _0\"></span>        Revisione contabile<span class=\"_ _f6\"> </span>BDO F<span class=\"_ _0\"></span>RANCE S.A.<span class=\"_ _f8\"> </span>Descamps S.A.<span class=\"_ _188\"> </span>55<span class=\"_ _18c\"></span>                     Revisione contabile<span class=\"_ _f6\"> </span>BDO A<span class=\"_ _0\"></span>.G.<span class=\"_ _1a0\"> </span>Bassetti Deutschland G.m.b.H.<span class=\"_ _85\"> </span>20<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Revisione contabile<span class=\"_ _f6\"> </span>BDO A<span class=\"_ _0\"></span>.G.<span class=\"_ _1a0\"> </span>Bassetti Schweiz A.G.<span class=\"_ _1a1\"> </span>13<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Revisione contabile<span class=\"_ _f6\"> </span>BDO A<span class=\"_ _0\"></span>UDITORES S.L.P.<span class=\"_ _cd\"> </span>Bassetti Espanola S.A.<span class=\"_ _1a2\"> </span>10<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Revisione contabile<span class=\"_ _f6\"> </span>BDO IT<span class=\"_ _0\"></span>ALIA SpA<span class=\"_ _7a\"> </span>Zuckids S.r.l.<span class=\"_ _bd\"> </span>2<span class=\"_ _2\"></span>7<span class=\"_ _18c\"></span>             <span class=\"_ _0\"></span>        Revisione contabile<span class=\"_ _f6\"> </span>BDO IT<span class=\"_ _0\"></span>ALIA SpA<span class=\"_ _7a\"> </span>Basitalia S.r.l.<span class=\"_ _be\"> </span>20<span class=\"_ _18c\"></span>               <span class=\"_ _0\"></span>      Totale262<span class=\"_ _18c\"></span>           <span class=\"_ _0\"></span>        I <span class=\"_ _5\"></span>servizi <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>revisione <span class=\"_ _5\"></span>contabil<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>includono <span class=\"_ _5\"> </span>la <span class=\"_ _5\"></span>revisi<span class=\"_ _0\"></span>one <span class=\"_ _5\"></span>dei <span class=\"_ _d\"></span>b<span class=\"_ _0\"></span>ilanci <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>31 <span class=\"_ _5\"></span>dicembre <span class=\"_ _e\"> </span>2022 <span class=\"_ _d\"></span>e <span class=\"_ _5\"> </span>la revisione contabi<span class=\"_ _0\"></span>le limitata <span class=\"_ _0\"></span>della situazi<span class=\"_ _0\"></span>one semestra<span class=\"_ _0\"></span>le al 30 giugno <span class=\"_ _0\"></span>2022.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__104": {
   "value": "Nota 43 OPERAZIONI ATIPICHE E/O INUSUALI<span class=\"fs2 fc5\"> </span>Il bilancio cons<span class=\"_ _0\"></span>olidato 2022 <span class=\"_ _0\"></span>non riflette com<span class=\"_ _0\"></span>ponenti <span class=\"_ _0\"></span>di reddito e poste pa<span class=\"_ _0\"></span>trimon<span class=\"_ _0\"></span>iali e finanziarie (pos<span class=\"_ _0\"></span>itive e/o ne<span class=\"_ _0\"></span>gative) derivant<span class=\"_ _0\"></span>i da eve<span class=\"_ _0\"></span>nti e operazion<span class=\"_ _0\"></span>i atipiche e/o <span class=\"_ _0\"></span>inusuali.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForExceptionalItemsExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__105": {
   "value": "Nota 44 FATTI DI RILI<span class=\"_ _0\"></span>EVO SUCCESSIVI AL 31 DICEMBRE 2022 Dando <span class=\"_ _5\"></span>seguito <span class=\"_ _5\"></span>ad <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>prog<span class=\"_ _0\"></span>etto <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>ottimizz<span class=\"_ _0\"></span>azione <span class=\"_ _5\"></span>avviato <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>marzo <span class=\"_ _5\"> </span>2023<span class=\"_ _0\"></span>, <span class=\"_ _5\"></span>in <span class=\"_ _d\"></span>d<span class=\"_ _0\"></span>ata <span class=\"_ _5\"></span>1\u00b0 <span class=\"_ _5\"></span>aprile 2023 <span class=\"_ _14\"> </span>la <span class=\"_ _b\"> </span>Ca<span class=\"_ _0\"></span>pogruppo <span class=\"_ _14\"> </span>h<span class=\"_ _0\"></span>a <span class=\"_ _14\"> </span>completato <span class=\"_ _14\"> </span>un\u2019operaz<span class=\"_ _0\"></span>ione <span class=\"_ _14\"> </span>di <span class=\"_ _14\"> </span>c<span class=\"_ _0\"></span>onferimento <span class=\"_ _14\"> </span>del <span class=\"_ _14\"> </span>propr<span class=\"_ _0\"></span>io <span class=\"_ _b\"> </span>ra<span class=\"_ _0\"></span>mo d\u2019azienda <span class=\"_\"> </span>relativo <span class=\"_\"> </span>all\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_\"> </span>\u201cretail\u201d <span class=\"_\"> </span>a <span class=\"_\"> </span>favore <span class=\"_\"> </span>di <span class=\"_\"> </span>Bass<span class=\"_ _0\"></span>etti <span class=\"_\"> </span>Italia <span class=\"_\"> </span>S.r.l. <span class=\"_\"> </span>(gi\u00e0 <span class=\"_\"> </span>Zuckids<span class=\"_ _0\"></span> <span class=\"_\"> </span>S.r.l.), controllata <span class=\"_ _f\"> </span>a<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>100%.<span class=\"_ _0\"></span> <span class=\"_ _f\"> </span>I<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>ramo <span class=\"_ _f\"> </span>d\u2019az<span class=\"_ _0\"></span>ienda <span class=\"_ _f\"> </span>co<span class=\"_ _0\"></span>nferito <span class=\"_ _1\"> </span>\u00e8 <span class=\"_ _f\"> </span>cos<span class=\"_ _0\"></span>tituito <span class=\"_ _f\"> </span>da <span class=\"_ _1\"> </span>un <span class=\"_ _f\"> </span>comp<span class=\"_ _0\"></span>lesso <span class=\"_ _f\"> </span>di <span class=\"_ _1\"> </span>attivit\u00e0 avente <span class=\"_ _e\"> </span>ad <span class=\"_ _e\"> </span>oggetto <span class=\"_ _e\"> </span>la <span class=\"_ _e\"> </span>vendita <span class=\"_ _e\"> </span>al <span class=\"_ _e\"> </span>dettaglio,<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>tr<span class=\"_ _0\"></span>a <span class=\"_ _e\"> </span>i <span class=\"_ _e\"> </span>quali <span class=\"_ _e\"> </span>vi <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>elementi <span class=\"_ _e\"> </span>patrim<span class=\"_ _0\"></span>oniali <span class=\"_ _e\"> </span>attivi <span class=\"_ _e\"> </span>e passivi <span class=\"_ _1\"> </span>rifer<span class=\"_ _0\"></span>iti <span class=\"_\"> </span>a<span class=\"_ _2\"></span>i <span class=\"_\"> </span>n<span class=\"_ _2\"></span>egozi, <span class=\"_\"> </span>outlet <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>spacci, <span class=\"_ _1\"> </span>personale <span class=\"_\"> </span>dipendente, <span class=\"_\"> </span>contratti <span class=\"_ _1\"> </span>e <span class=\"_\"> </span>altri <span class=\"_ _1\"> </span>rapporti giuridici. <span class=\"_ _8\"> </span>Il <span class=\"_ _8\"> </span>valore <span class=\"_ _8\"> </span>de<span class=\"_ _0\"></span>ll\u2019intero <span class=\"_ _8\"> </span>r<span class=\"_ _0\"></span>amo <span class=\"_ _14\"> </span>\u00e8 <span class=\"_ _9\"> </span>stato <span class=\"_ _8\"> </span>assev<span class=\"_ _0\"></span>erato <span class=\"_ _8\"> </span>dall\u2019esper<span class=\"_ _0\"></span>to <span class=\"_ _14\"> </span>indi<span class=\"_ _0\"></span>pendente, <span class=\"_ _8\"> </span>con relazione di <span class=\"_ _0\"></span>stim<span class=\"_ _0\"></span>a ex <span class=\"_ _0\"></span>art. <span class=\"_ _0\"></span>2465 <span class=\"_ _0\"></span>del c.c<span class=\"_ _0\"></span>., sulla <span class=\"_ _0\"></span>base <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>situazione <span class=\"_ _0\"></span>patri<span class=\"_ _0\"></span>moniale <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>del 31 dicembre 20<span class=\"_ _0\"></span>22 ed \u00e8 par<span class=\"_ _0\"></span>i a circa 6.406 <span class=\"_ _0\"></span>migliaia di <span class=\"_ _0\"></span>Euro.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "s6_notes__6__106": {
   "value": "Nota 45 ELENCO DELLE SOCIETA\u2019 PARTECIPATE AL 31 DICEMBRE 2022 Le <span class=\"_ _e\"> </span>partecipazioni <span class=\"_ _f\"> </span>nelle <span class=\"_ _e\"> </span>seguenti <span class=\"_ _e\"> </span>soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"_ _e\"> </span>controll<span class=\"_ _0\"></span>ate <span class=\"_ _e\"> </span>sono <span class=\"_ _e\"> </span>state <span class=\"_ _e\"> </span>cons<span class=\"_ _0\"></span>olidate <span class=\"_ _e\"> </span>co<span class=\"_ _0\"></span>n <span class=\"_ _e\"> </span>il <span class=\"_ _e\"> </span>metodo integrale: % di posse<span class=\"_ _0\"></span>sso in<span class=\"_ _0\"></span> % di Capitale <span class=\"_ _0\"></span>sociale (in<span class=\"_ _0\"></span> consolidat<span class=\"_ _0\"></span>o al partecip<span class=\"_ _0\"></span>azione indiretta tr<span class=\"_ _0\"></span>amite societ<span class=\"_ _0\"></span>\u00e0migliaia<span class=\"_ _0\"></span>)31.12.2022diretta(in migliaia di Euro)Descamps <span class=\"_ _0\"></span>S.A.Euro3.816100,0100,0-Parigi (Franc<span class=\"_ _0\"></span>ia)Descamps <span class=\"_ _0\"></span>Monaco S.A.R.L.Euro1599,99-99,99Descamps <span class=\"_ _0\"></span>S.A.S.Principat<span class=\"_ _0\"></span>o di MonacoBassetti Sc<span class=\"_ _0\"></span>hweiz AGFr. Sv.200100,0100,0-Lamone (Svizzera)Bassetti Es<span class=\"_ _0\"></span>panola S.A<span class=\"_ _0\"></span>.Euro299100,0100,0-Caldes de <span class=\"_ _0\"></span>Montbui (Spagna)Bassetti De<span class=\"_ _0\"></span>utschland <span class=\"_ _0\"></span>G.m.b.H.Euro200100,0100,0-Oberhachin<span class=\"_ _0\"></span>g (Germania)Zuckids S<span class=\"_ _0\"></span>.r.l.Euro10100,0100,0-Rescaldina<span class=\"_ _0\"></span> (MI)Zucchi S<span class=\"_ _0\"></span>.A. Euro75100,074,925,1Bassetti<span class=\"_ _0\"></span> Schweiz S.A.Bruxelles (Belgio)Ta Tria Epsilon Bian<span class=\"_ _0\"></span>ca S.A.Euro800100,0100,0-Atene (Greci<span class=\"_ _0\"></span>a)Basital<span class=\"_ _0\"></span>ia S.r.l.Euro120100,0100,0-Rescaldina<span class=\"_ _0\"></span> (MI)Mascioni USA INC.$ USA80100,0100,0-New York (USA)Le <span class=\"_ _f\"> </span>partecipazioni <span class=\"_ _f\"> </span>nel<span class=\"_ _0\"></span>le <span class=\"_ _f\"> </span>seguenti <span class=\"_ _f\"> </span>societ\u00e0 <span class=\"_ _f\"> </span>coll<span class=\"_ _0\"></span>egate <span class=\"_ _f\"> </span>sono <span class=\"_ _f\"> </span>state <span class=\"_ _f\"> </span>valutat<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>con <span class=\"_ _f\"> </span>il <span class=\"_ _f\"> </span>metodo <span class=\"_ _f\"> </span>del<span class=\"_ _0\"></span> patrimonio nett<span class=\"_ _0\"></span>o: % di pos<span class=\"_ _0\"></span>sesso in % di Capitale soci<span class=\"_ _0\"></span>ale (in consolidato<span class=\"_ _0\"></span> al partecipazion<span class=\"_ _0\"></span>e indiretta t<span class=\"_ _0\"></span>ramite soci<span class=\"_ _0\"></span>et\u00e0migliaia<span class=\"_ _0\"></span>)31.12.2022diretta(in migliaia di Euro)Intesa S.r.l<span class=\"_ _0\"></span>.Euro2224,524,5-Arconate (MI)",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
    "language": "it",
    "entity": "scheme:81560052ACB913425086",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  }
 }
}